13 Mar '13, 10am

Iskandar property prices may surpass Klang Valley | | PropertyGuru | #iskandar #malaysia #property

Spurred by the mega government-to-government joint venture projects and strong support from Singapore, Iskandar’s property market is expected to catch up with that of Malaysia’s Klang Valley, according to Kenanga Research and reported The Borneo Post . The research house said the region is set to become Malaysia’s next property hotspot, adding that Johor-based developers have been attracting many local and foreign investors. The support shown by both the Malaysia and Singapore governments is also expected to boost Johor’s rapid development. For instance, Singapore’s sovereign wealth fund Temasek Holdings and its Malaysian counterpart Khazanah Nasional are developing a number of projects in both countries. In Singapore, these include Marina One in Marina South and DUO in the Ophir-Rochor area. Meanwhile, a wellness development will be built in Medini, Iskandar. Kenanga Rese...

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

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