Quote:
Originally Posted by nono1973
I mainly plan to buy for my staying needs, so i am more looking into apartment blocks that that has already finished building. The other units in smaller size in plan/s were meant for rental yield,hence i dont wish to spend much on them. And since i know those estate that have been fully built, their price will likely come down in matter of time...hence i am doing my own experimental now, to test out if my deduction from now until somewhere 2020 is correct.
If i am right, then its about time i can plan to put my money in,hehehe... 
Meantime, enough time itself will give me some "storyline".
Talk about story,hehehe...i actually have a small story to share,that happen last year 2018.
I got to know an elderly man (70s) in Formosa last year CNY (not this year 2019 CNY). He tells me he bought a "house" to house himself in Tiban few years back. Then i notice in my every Batam trip that month onward, i see him staying at the same hotel and in one of our breakfast time, i ask him..."since you already have a house in Batam, how come you still stay in Batam's hotel?",hehehe...
His reply to me..."Tiban too far out...i prefer this area"...."too inconvenient to travel around there...blah blah blah.."
From the part of his sharing, i learned one little thing, if i were to wish to buy a property in Batam to stay in, the 1st 2 key priority MUST be...
1. Safety
2. Convenient
Safety : As far from possibly of any social unrest as possible and in the even of trouble, safety is within reach at the shortest time.
Convenient : I believe no one wants to be too far away from entertainment, daily necessities, emergency medication, healthcare etc etc.
Man his age, making more money should more or less already be secondary. 
(from this man, i also got to know his other friends that is around his age too)
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1. Formosa Residence/Citra Plaza, just 20 mins walk from Harbour Bay ferry terminal. Nearest shopping is Nagoya Hill Mall, which is 5 mins walk and with plenty of 24 hours retail mart in the area. Then again, Formosa is currently the MOST expensive apartment in Batam, at almost S$100k for a studio unit (even tho its a bigger than normal studio).
2. Harbour Bay residence/Bayerina, just 1 to 3 mins walk from Harbour Bay ferry terminal. Nearest mall is Bayfront Mall and Harbour Bay Mall, also plenty of 24 hours retail mart in the area too, but becos its a ferry terminal, things can be quite expensive there.
3. Aston Hotel and Residence, 35 mins walk from Harbour Bay ferry terminal and beside BCS Mall. Aston is near to Penuin area, so i need not elaborate much and its almost brand new,fully built and furbished. Lots of good food in the area as well.
(Both Aston and Harbour Bay Residence is technically 2nd most expensive in Batam; i am comparing studio to studio at around S$80k plus minus)
4. Nagoya Mansion, about 30 mins walk from Harbour Bay Ferry terminal. This one is a pretty old block, use to be higher in price, now drop to be about 400 juta (plus minus for studio),hehehe...and they fetch an about S$500/month rental.
5. BCC hotel and residence near BCS mall. This one is pretty well-maintained (their rooms and amenities) and still at rather high selling price. Thats becos of their location at Penuin area and its still relative new.
All number 1 to number 5 estate has been fully built, except Citra Plaza thats opposite Formosa Residence.
28 square meter unit is about the side of a regular Formosa Deluxe room,inclusive of its toilet.
And a 56 square meter unit would be the size of a Formosa Executive room or twice Deluxe room size.