Once e report is released, it will create another wave of buying of properties around e stations. The stations in turn will pull up e prices of surrounding properties. I believe RTS report will be announced end of e year. BBB.

A lot of people are investing in Iskandar in anticipation of HSR and RTS. More news should be announced end of this year to early next year. HSR will benefit KL and SG, while RTS will benefit JB and SG.

Johor is a good weekend getaway too. Singapore at 6.9 mil in 2030 (in actual fact it will be about 10% higher due to transient workers from Johor, tourists and business travellers who are not in the survey) will be extremely crowded and expensive (it already is). There is a reason why the 1st and 2nd links are so perpetually crowded and Johor properties so popular.

One way to allow Iskandar to grow faster is to relax the immigration of skilled foreign workers, but this is sensitive.

http://www.propertytune.com/iskandar-property-news.html

Property Investment Convention this weekend

http://www.propertyguru.com.my/property-ne...on-this-weekend

Landed is picking up.

Subsales in condos will pick up after RTS and HSR details are announced, particularly for those launched in 2011-2012 in good locations near the stations.

Danga Bay project over 50% sold
Aug 16, 2013 - PropertyGuru.com.my

The RM18billion Country Garden@Danga Bay (CGDB) project in Johor Bahru earns strong response from buyers, selling over 5,000 units or more than have the total number of 9,000 units, ahead of its 2018 completion.

Most interest came from Malaysians, but Singaporeans, Chinese, Korean and Taiwanese buyers were also snapped up units aggressively, said Michael Ong, Sales Supervisor at Country Garden Properties.

The 57acre development is expected to be completed in three phases, with 3,000 units each year from 2016 to 2018. The mega development will comprise 33 blocks of condominiums and 11 blocks of apartments comprising serviced apartments of one-, two and three-bedroom configurations.

According to Wee Soon Chit, Executive Director of Landserve (Johor), the simultaneous launch of 9,000 units was “astounding for Johor Bahru or the entire country for that matter.”

“The marketing campaign is also revolutionary whereby enormous amounts of money have been spent on various promotional activities to attract buyers...The pull factors for the project come from its integrated 5-star development concept, reputable developer, excellent location and 180-degree sea view as well as the possible link by light rail system,” added Wee.

Sr Michael Geh, National Committee member of FIABCI-Malaysia, noted: “Overall, I’m very happy and encouraged professionally to see that a large international development company like Country Garden, a top 10 developer from China has decided to invest in Iskandar.”

Geh also downplays fears on a possible oversupply as Johor has a huge land area and “there are certain areas where locals traditionally stay.”

“I don’t think foreigners will flock to these areas to buy. They won’t go to the secondary market. Instead, they usually purchase directly from the developers. Therefore, I don’t think the presence of foreign developers will negatively impact local buyers so much. Local buyers have a lot to choose from and have their own buying patterns and preferences. I don’t think we should be unduly alarmed by developments by foreign developers.”

http://www.propertyguru.com.my/property-ne...ct-over-50-sold

The certain areas refer to zone A and areas just outside it. These places will come under upward price pressure once RTS details are announced probably early next year. They are now experiencing high price growth starting from this year.

The problem is when some developers price their new launches at $1000 psf, other developers and property owners will also increase in tandem. Once the owners (last group) raise their prices and a few resales are logged, they form the price floor for subsequent properties. In the absence of any cooling measure, prices will continue to escalate.

HSR is also reported in Singapore. Tender specifications are likely to be in the drafting stage already.

Tender process for KL-S'pore high-speed rail to begin in 2H 2014
http://www.channelnewsasia.com/news/singap...l-s/808910.html

Expecting more details on RTS to be announced in the next few months. Johor property prices will be going up again. Don't miss the boat.

There are too many barriers for the HSR. It will eventually happen but probably not next 20 years. Every land owner will just jack up their land price after the confirmation of the stations and track location, making it economically infeasible to implement.

RTS is more beneficial because it can shift workers economically from Johor to Singapore and shoppers from Singapore to Johor. The land issue is mostly settled.

Eventually it will be built with tax-payers heavily subsidizing it and some land owners reaping huge benefits from land sales and property lease around the stations.

Chances are it will not be built in next 10 years. Malaysia is in deficit and cannot afford this mega-project.

To be frank, I think Singapore is not too keen. Most HSR reports appear in Malaysia media and mentioned mostly by Malaysia politicians. In Singapore, the reference to HSR is rare.