29 Mar '17, 2am

Iskandar poised for more growth?

Iskandar poised for more growth?

“In the short term, this is likely the Chinese who are looking for alternative investments overseas, attracted by the low prices, proximity to Singapore, as well as the confidence given by Chinese developer presence in Iskandar. In the medium- to longterm, we foresee Singaporean buyers returning because once the HSR and RTS connectivity links are in place, travelling time will no longer be an issue, and the Singapore economic spillover effect can occur. This could be in the form of Singaporeans buying a weekend home or retirement home in Iskandar. That said, a large portion of demand might also come from Malaysians working in Singapore – as buying properties in Singapore is relatively expensive, furthermore, they do not enjoy government subsidies,” Khoo said.

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

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