22 Jun '18, 5am

S keeps Johor’s Property Market on track https://t.co/Ku5Rx6J2p7

The move to scrap the massive S$370 billion High-Speed Rail project has put some property buyers in Singapore on notice, with quite a few speculators who invested in Jurong lamenting the loss of potential profit in the rental. While Dr. Mahathir’s move to put this project on ice has had a bit of a chilling effect on Singapore, Johor’s property market might actually be buoyed by this sudden U-Turn of events simply because the HSR isn’t the only rail project between Singapore and Malaysia. Sharp observers might have noticed that a new Johor Baru – Singapore Rapid Transit System (RTS) has been mooted, hot on the heels of the HSR cancellation. The RTS, set to open in 2024, will link Woodlands North to the heart of JB. This is great news for those who are looking to invest in Johor, as multiple property projects are in the vicinity of the Bukit Chagar Station. Properties in the...

Full article: https://www.iproperty.com.sg/news/rts-keeps-johors-proper...

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