Do you know what is SIJORI? I do not, until I read an article written by Sharon Chen of Bloomberg. SIJORI meant Singapore + Johor + Riau. In one sentence, she said that for Singapore to continue to grow, it will need to rely on both Johor (Iskandar) and Riau (Indonesia). These two places will … Read moreSIJORI. Haha. What’s this?
The first one is pronounced ‘REDING’ as in past tense of read. Southampton and Newcastle are more famous of course as we see them in action every week in the Premier League. What do these three have in common? All three are famous UK universities which has opened their branch campus here in Iskandar. They … Read moreReading, Southampton, Newcastle and Iskandar
In Malaysia, developers ‘test water’ by getting buyers to pre-register their interest. Some more adventurous ones build a nice renovated unit on the site to entice buyers. However, typically, the launch to ‘test water’ would consist of jus the first tower or first block of 200 units? Imagine what happened in Iskandar when Country Garden … Read moreTesting water with 9,000 units? No Malaysian developers can do that, yet.
Until today, there are still rumours that a casino would be built in Iskandar. This is despite the fact that the Johor MB said ‘negative’. Let me be honest, even if there’s a casino in Iskandar, I would still visit the ones in Singapore first. Maybe because at this point in time, there’s not a … Read moreCasino in Iskandar, rumour yet again….?
Nice title yeah. I thought so too. Okay, we know land prices in Batu Kawan, Penang is now RM60 psf instead of the single digit years ago before the Second Bridge was built. We also know that prices in certain prime areas can reach RM88 psf in Shah Alam easily. (Shah Alam Damansara Heights) What about … Read moreWhen it’s tight, price is high
Imagine you are a SME business in.Singapore. You are doing pretty well and you would like grow your business to the next level. Many years ago, your best choice would be Batam. Today, if you still think Batam is a good bet, then a better bet would be Iskandar. Yes, in terms of exchange rate, … Read moreSingaporean PM, SME, Iskandar
Many reports have shown the slowing down of transactions in Iskandar. However, if we look at land transactions, it is continuing and is not showing any slowing down signs thus far. The latest deal was by Greenland Group of China, buying 13.96 acres from Iskandar Waterfront Holdings Sdn Bhd (IWH) at a cost of RM600 … Read moreIskandar Malaysia – medium term prospects concern
Many Chinese developers are buying huge tracts of lands or are involved in land reclamation projects. On paper, all these developers are much larger than even Malaysia’s largest developers. For example, Country Garden Holdings co will be building 9,000 units of condominium on a 56 acre land. For a comparison, the total supply of units … Read moreBuying Iskandar? Points to note about Chinese (China) developers thus far
A very significant joint announcement today (7 April 2014) was that the proposed High Speed Rail (HSR) as well as the Rapid Transit System is on track. The HSR is expected to be ready by 2020. This was announced in the 5th Malaysia-Singapore Leaders’ Retreat in Kuala Lumpur. These are expected to ensure seamless travel … Read moreLinking KL, Iskandar, Malaysia – Singapore by HSR and RTS
We have heard way too many news about foreigners buying so much of Iskandar that the locals are losing out. Is this true? Actually, this is TRUE, at least for some periods of time. In a report by IRDA (Iskandar Regional Development Authority), in 2007, the foreign investment ratio was 45:55. In other words, foreigners … Read moreProperty Investment and the decisions we can make or delay