The Big Read: Johor property market remains hot, but Singapore buyers have their work cut out in making the right investment

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Housing News

Johor Bahru,Property Market

SINGAPORE — Living in her newly bought three-bedroom condominium in Johor Bahru, Kylie Hung, 27, enjoys all the perks of homeownership as a singleton before hitting 30 — something she is unable to do back in Singapore.

An increasing number of Singaporeans are exploring property options in Johor, motivated by lower costs and lifestyle benefits

While the current strong demand may be attributed to the relaunch of the RTS Link project and the Special Economic Zone announcement, property experts said it is primarily due to housing costs and inflation in Singapore Buyers are snapping up units in Johor Bahru and Iskandar Puteri for various uses, such as a second home, as an investment or to live in

However, caution is advised, as experiences vary. Some who bought properties in Iskandar Malaysia during the hype 10 years ago have faced losses due to political shifts and oversupply Ultimately, prospective buyers are urged to adopt a local mindset rather than that of a Singaporean, and to wait for concrete progress on infrastructure projects before committing to a purchaseWe know it's a hassle to switch browsers but we want your experience with TODAY to be fast, secure and the best it can possibly be.Upgraded but still having issues?

 

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