New development can spur Iskandar Malaysia’s property market

Iskandar Malaysia is set to continue attracting investments thanks to its location and logistics capability. — ZAZALI MUSA/The Star

KUALA LUMPUR: The property market at Iskandar Malaysia could get a lift from ongoing initiatives as well as from a new development proposed at the Johor Bahru – Singapore Rapid Transit System (JB-SG RTS) link.

The project may well set a new pricing benchmark in the city centre given its location. According to RHB Research, this proposed development could potentially also lift prices for other developments in the vicinity.