27 Jun '14, 3am

#GlobalREBubble #Singapore 'JB Readying For New Wave Of Singapore Buyers' @SGPropertyGuru

Although it isn’t fair to compare the two locations as Singapore is more developed, once the MRT-RTS link becomes operational, real estate prices in Johor Bahru will likely rise. “The city is also attractive to Singaporeans living close to Woodlands as they are more familiar with the area and the surrounding amenities,” noted Adis. As such, several developers are building new developments in the heart of Johor Bahru that are mostly intended for Singapore investors within the price range of RM900 to RM1,100 psf (S$349 – S$426 psf). “We can already see developers like China’s R&F developing land parcels along the Tanjung Puteri area which is expected to be a prime site,” Adis said. Other projects in the vicinity targeting Singaporeans include TriTower Residence by MB Builders and Suasana Iskandar Malaysia, UMLand’s new commercial development situated next to Bukit Senyum. Ma...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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