Read the sales pitch on Leisure Farm carefully - double gated!
Why double gated? Because the area is unsafe.
Anyway, if you are rich enough, the world is your playground.
Quote:
Originally Posted by Unregistered
Even if I have that kind of money, I will not buy any Johor property because:
1. I expect Johor property prices to fall by 50% at least over the next 10 years due to the massive oversupply of properties. Landed properties will be affected as well. In a property collapse, all property prices will fall. Just study the experiences of property boom and bust around the world and you will understand.
2. I expect the exchange rate to fall to S$1 = RM4 over the long term. So, even if my Johor property price did not fall, I will lose on the forex losses.
3. Safety concerns. This is priceless. I value my family's life and safety more than having a big house.
So, no thanks. You can enjoy your stay there. Take care.
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