Waning Singaporean interest in Johor property market


Prospective buyers looking at a model of a township development in Iskandar Malaysia, Johor. Jho Low helped draw Mubadala Development Co from Abu Dhabi to Malaysia to make its first overseas real estate ventur e in Iskandar in 2007. However, the global crisis had thrown the Arab property world into disarray and that slowed down the development of the Medini parcel.

SINGAPOREAN Marcus bought a house in Johor several years ago because of the price-space proposition.

He was getting a lot more space and value for his money.

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