20 Dec '16, 12pm

Rapid Transit System to boost #Johor property market #propertynews

The Rapid Transit System will link the Woodlands North station on the Thomson-East Coast Line to Johor’s Bukit Chagar. Analysts expect interest in Johor Bahru properties to increase with news that Malaysia and Singapore may sign a bilateral agreement for the Rapid Transit System (RTS) in 2017, reported Channel NewsAsia . Peter Ezekiel, who travels across the causeway daily for work, welcomed the news. The 46-year-old lawyer opted to rent a Johor Bahru house while waiting for the completion of his new flat in Singapore. While renting a home in Johor Bahru is cheaper, Ezekiel has had to contend with traffic congestion daily. He may, however, continue renting or even purchase a property in Johor in the future now that Singapore and Malaysia are moving ahead with the RTS. “I’m looking at safety, convenience and the proximity to Singapore. These three factors are to me, of cour...

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

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