Property launches, land deals renew interest in Iskandar


PETALING JAYA: The recent influx of property launches and land deals in Iskandar Malaysia has renewed investor interest in the region, said two research houses. But they had different views on the sustainability of the demand.

The more bullish view was expressed by Maybank IB Research analyst Wong Wei Sum. She expects the price momentum and demand for properties to remain strong, as foreign investments continue to rise, coupled with better connectivity by 2018 following the scheduled completion of the rapid transit system (RTS) link between Johor and Singapore.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Iskandar , property , Maybank IB , PublicInvest

   

Next In Business News

Ringgit retreats vs US$ ahead of personal consumption expenditure reading
Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI opens lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
Meta projects higher spending, weaker revenue
Property market recovery on the horizon
Buyout proposal for Anglo American could reshape copper market
A test bed for airline subscription model

Others Also Read