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  #13186  
Old Yesterday, 02:01 PM
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Re: Batam Info / Interest / Help Thread

Quote:
Originally Posted by BFOMF5 View Post
IIRC Cipta group are the developer.
Yes, together with Supreme Global Investments and Batama Nusa Indah. Big names in this industry,hehehe...

Most likely can only see a little something from that particular part of City Walk around beginning of 2021. Need to wait at least till mid 2022 to see more of Citra Plaza,hehehe...completion date also never state. Citra Plaza adapt the build and grow concept, unlike Formosa Residence where they built and have a deadline for completion.

Quote:
Originally Posted by BFOMF5 View Post
Latest expiry date for the orange color Horizon ticket move up to 31May 2019.
Price 380k-375k
I hope by somewhere April, they would have tickets that expires on June as i have some aunties and uncle dropping into Batam for a 2D1N trip,hehehe...


My friends did buy some orange Horizon tickets and it appears those expiring on March and April were sold out,hehehe...i guess tickets moving exceptionally fast is becos of the school holidays.Well, its Horizonfast ferry tickets afterall...hehehe...
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  #13187  
Old Yesterday, 02:13 PM
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Re: Batam Info / Interest / Help Thread

Quote:
Originally Posted by edkoh2000 View Post
Just curious brother Nono

Why would u want buy an apartment there?
Hehehe...i plan to start with 2 units (but not anytime soon) and might expand my fleet over time.

Note that i am not exactly looking to make a profit base investment here as its almost like a loss for me to buy any property in Batam if i were to wait for developer to finish building and then sell it for a profit. People here who play the money making property game is quite different from Singapore.

They buy it before its being built (from ground), when the property were around 70% to 80% finished building, they sell...hehehe...thats where i notice where their profit comes in. But once the property is ready for move in, the price would likely be at the point of coming down and after a few years, if one is still holding on to that property, it might probably turned into something less valuable,hehehe....and with the sudden influx of property developers in Batam, over the 5 years would there be some kind of property bubble? Hehehe...Batam has only about 1.2 million population and probably a few hundred thousand non-Indo residents there.

I checked Formosa residence starts with around 790 juta plus, end of this year is their hand-over date and previous buyers from end 2015 were already selling what they have on hand at around 950 juta (and up),hehehe...pretty cool deal for less than 4 year deal.

Quote:
Originally Posted by edkoh2000 View Post
To keep your girl or to rent out ?

or for your own stay ?
All of the above. Since most of the girls i book came from Nahim, it would save me quite a bit if i have them at my own place.

Staying in Batam can be quite relaxing as compare to Sillypore. In the near future, its likely i will be going back to Singapore for holiday for a few days instead, rather than the other way round today.

Another good is, i already have on hand a good handful of friends staying on rented property around Batam and i am sure they wouldnt mind paying me a S$250 to S$350 a month rental per unit (for a close to brand new apartment,hehehe...) and thats a few years later, hence market can be quite different. Either way, i can also use it to house those uncles and aunties who come to Batam for tour too.

Wifi connection and surveillance devices would even be easier, if anyone did read my past postings on those wireless sim card toy/s. Baby step a time, i move into Batam,hehehe...i may be slow, but i didnt stop. The frequent bros here in SBF has watch me grow here from "dont-know-anything about Batam" 5 years back, to currently looking at buying some apartments in future. I am growing for sure,hehehe...

Quote:
Originally Posted by edkoh2000 View Post
Does the apt have facilities like the condo in Singapore ?
So far most of the apartments i am looking at comes with gyms, playground and swimming pool (there are others which i didnt list out). The thing i can be quite picky on is i am more looking into how big these gyms, playgrounds and swimming size is, over the total number of units in blocks that are sharing it.

There's no point having some top notch apartment unit with a swimming pool but they have actually 10000 units there sharing the one and only facility ,hehehe...
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  #13188  
Old Yesterday, 02:26 PM
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Re: Batam Info / Interest / Help Thread

Quote:
Originally Posted by iicycold View Post
i aso tink abt same thg as u...lol...but i tink u beter wait see if formosa residence can fulfill their hand over obligation on end of 2019 first or no. Yr tis one @ btm ctr is aso by the cipta grp....
This is what worries me when i wish to put my money there. After seeing so many half-built EMPTY buildings in Batam, i also scare the developer will take my money and run,hehehe...hence while looking at those properties, i also check out on those developers too.

Reference for myself on Cipta Sky Park and Citra Plaza :

https://sbf.net.nz/showpost.php?p=18...ostcount=13172

I am also looking at Bayerina, which i have some more info to pen down on later date/time. Its ready to move in,hehehe...but they dont come cheap.

Quote:
Originally Posted by iicycold View Post
i tink tere's another cheeper sales @ ard bcs area nw...but no by cipta grp but they advert big big all ard btm lei....lol...sm more go lucki draw freebies if u buy...lol

( Click to show/hide )


I have seen this Baloi apartment advertised themselves and i even have another article written on it too. Its meant for future reference on pricing and information of that particular Baloi apartment.

This place is cheap...but what are the catch?

Batam is like a RPG game,hehehe...and not everyone is being REALLY honest hence i need to do my part of homework.

There is actually another low priced one nearby Baloi for sale...wait,i cant remember the name....hmm...and soon to finish building too.

Be back to keep tab on this later...
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  #13189  
Old Yesterday, 11:24 PM
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Re: Batam Info / Interest / Help Thread

Quote:
Originally Posted by tomssss View Post
u stil b there nxt week? cos i coming w harry there nxt week either wed or thu.
wan to stay other hotel other than formosa? I bringing another fren along this trip...
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