Unless government change focusing tech hub on iskandar Johor

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.

it’s called progress…
unlike before, only capital cities progress…the new business model is competition and completeness… which city can provide AIO business package gets the business…
eg china, previously shanghai, beijing and HK… now most cities have progressed tremendously…eg shenzen, xian , chongching etc…

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.

can kindly share what you bought in jb?

Service apt at Austin ?

who wanna buy over south key mid valley?

property prices are really over the roof now in jb itself

wah I guess correctly ar 

somehow I still think Iskandar cmi

town area now crazy rental for commercial

Skudai, Tebrau/Austin area also good, nowadays many take a bet at kulai area, still not as exp yet or Kota Masai

near college? is it sunways Iskandar?

Mid valley look good at the moment but the thing i worry is the massive new mall near city center, you got 

1. SKS mall opposite of Astaka.
2. Larkinton mall
3. Permas mall (revival)
4. Astaka mall (under their master plan).
5. RTS mall
6. Coronation square mall.

And existing supply such as as:

1. Aeon, beletime, paradigm mall, plaza pelangi, R&F mall (hear they going to renovate the mall after phase 3)..etc.

kota masai population huge, very much diff now compare to those days
I got a shock when I drove there, pre covid n post covid, so much diff, and some major development going on soon

somehow kopishop talk is staying ard data centre is a nono, kulai demographic diff
most buyers are only local kulai residents who at most move out from their family, but want to be near
no outsider would for no reason purchase or move to kulai

I think johor town mall, other than ksl n mid valley and maybe city square are fine , the rest struggling

posted Jan 1 2021
4years passed, has any JB become any form nearer to Shenzhen?

   

as someone that been thru MCO in JB, you will know well what will happen if another MCO hits JB. The whole of JB Town and MBIP area is like dead town without SGrean and SGD earner.
Only Austin, JJ, Tebrau corridor still have some local humans...

As for investing, never buy high rise in JB. those are the overbuilt kaw kaw ones. Go and invest in a good landed. Problem is you need to queue and snatch with bunch of people.
Places like Horizon Hills, Aspira, Eco Botanic, Austin Heights all new launch need to ballot or queue from midnight get even get a unit and they are priced like 1m+.
Still cheaper compare to Klang Valley so i think the room to grow is there.

Do you mean you will wait until Perikatan Nasional (PN) [ PAS + Bersatu + GERAKAN ] takes over Putrajaya before buying JB property?