The Iskandar Malaysia property market is seeing a patchy recovery as it moves past previous oversupply issues.
The Singaporean government has also advised caution regarding overseas property investments following reports of an oversupply in Iskandar, Malaysia. This major infrastructure development is expected to drive significant changes, attracting local and foreign investment. Increased cross-border movement and spending by Singaporean visitors are also anticipated to boost Johor’s retail and hospitality sectors.The completion of the RTS Link at the end of 2026 will not only see more intense cross-border human traffic, but may also attract Malaysians from other states to relocate to Johor and work in Singapore in the future.
With major transport projects like the RTS Link on the horizon, RHB Research expects that overhang units will continue to decline and new demand will emerge, driven by foreign and domestic direct investments.