According to recent reports, as of last September, Iskandar had recorded nearly RM100 billion in investments, about 40 per cent of which came from foreign sources.
A number of Singaporean companies such as Ascendas and Raffles Education, and even Singaporean billionaire Peter Lim, have invested in Iskandar-related projects ― proof that it is gaining momentum and critical mass.
Given Iskandar’s rising prominence and proximity to Singapore, one cannot help but wonder what impact it may have on the property market here.
In my view, the impact will be felt most keenly in the industrial property sector. Full story
