Quote:
Originally Posted by cougar666
I observed there are some auto scan passport gantry like those in Singapore at Harbor Bay custom while queuing up for custom clearance this afternoon. I guess they will be implemented in the near future. It would be useful if Singapore passport can be used.
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Since a few months ago, the Batam immigration has been collecting Singaporean's fingerprint before their passport gets chopped.
Quote:
Originally Posted by cougar666
Lastly there are several property development exhibition in BCS ground floor today. I guess Bro Nono will be interested  |
There has been booths for property agents in BCS since last year, same for most other shopping malls. But if there is any exhibition/s at the other Pintu 3 entrance where the exhibition hall is at, then i think its worth going there to take a look if i happen to be there,hehehe...
Instead of just properties in Batam, i am also having other thoughts now. Then again, those were just thoughts, nothing concrete as yet.
I checked the rental pricing in Batam as well.
1. Most condo apartment that catches my interest cost about 500 juta (about S$50k) and/or up
2. Most condo apartment that catches my interest ,if i wish to rent probably cost about 5 juta (about S$500) a month. And one of them cost around 3.6 juta (about S$360) a month.
This is one of my ideal apartment to rent, cost about 36 juta (or about S$3600) a year.
3. A house in Batam that might catches my interest cost about say 28 juta a year?
Note : I havent really goes too in-depth onto houses in Batam yet, hence the above were just estimation. There are houses for rent in Batam lower than the 28 juta a year stated (lowest so far is about 15 juta a year).
And houses in other more rural parts of Indonesia can cost as low as 6 to 12 juta a year. At this point of time, i arent considerating those.
4. What happen is, i have been looking at fix deposit in Batam (Indonesia) bank's interest rate lately. And they were between 4.5% to 6% a year (some years, the interest rate would goes beyond 6%). So i am also considering putting the same amount of money that i would do so for buying an apartment into a fix deposit for rupiah, and using the interest to rent a house or an apartment.
Note : I also understand the depreciation of rupiah over my almost 6 years in Batam (which is unlikely to change from my perspective), as well as the interest rate being somehow tagged with Indonesia's inflation.
Nonetheless, i am still looking around and sourcing for more information on all the above mentioned. What i am also constantly looking at is self-sustaining in Batam (which was mentioned years ago).
