JB Opera house also xde maintain.. so ugly. Sweep the roads, redo infrastructure... so many maintenance needs to be done first.

lol.. let's not fool ourselves. JB can never be Shenzen which is a in type C country. With SEZ, JB will simply be a manufacturing backyard of Sg.

Don’t listen to the sales talk by Gov. They said the same thing about Forest city etc. Yet so many kena burn due to belakang pusing gov policies etc. If a development doesn’t line their pockets, they just abandon plan.

Think about this for SEZ. All manufacturing works go to JB. Meaning to say all MY folks working in Sg forced to relocate back to MY. So instead of being paid in Sg, now they need to take home MYR - starting salary RM5K (SEZ). As for Sg, they take up all the fancy clean and sexy industries, which a chunk of folks crossing the border does not have the skill sets or knowledge. So gg to those highly leverage on MY property thinking their golden goose (Sg paycheck) will continue. If this were to happen, folks will need to let go these properties causes an unexpected surplus of properties.

In terms of properties, Johor has abundance of land. If property prices go up high, Sunway/Setia/IOI will simply build another township causing a surplus of property supply. Developers simply build, sale and walk away, while buyers left high and dry with subpar maintenance issues etc.

To be frank, only way to drive property prices up in JB solidly, is to build a damn casino.

This post has been edited by gnc88: Feb 19 2025, 08:38 AM

Although economic pressure differentials can drive demand, the supply side must also be considered. JB has a history of overbuilding and an oversupply of properties. This oversupply can lead to speculative buying, where investors purchase properties not for immediate use but in anticipation of future price increases.

Despite JB’s proximity to Singapore, current infrastructure is clearly insufficient to support a significant increase in cross-border commuting or business activities. Even with RTS at 10K/hr, with peak hour window being only 2-3 hrs, there's very limited number of folks can do the cross-border commute.

Investors consider political and economic stability, legal frameworks, and other risks when investing in property. Malaysia’s regulatory environment and economic stability is not as attractive as Singapore’s, leading to hesitation amongst investors. While Singapore faces high costs, it also offers higher wages and better quality of life, which may mitigate the outflow of demand.

In short, only time will tell if Johor can make good use of this opportunity or the Fed gov instability will just make this into another big blunder.

This post has been edited by gnc88: Feb 19 2025, 11:11 AM