Malaysia Star, 10 Dec 2011JOHOR BARU: Property developers in Iskandar Malaysia are expected to benefit from the new ruling introduced by Singapore for foreigners buying private properties in the republic.
The move was introduced on Wednesday to cool private residential property prices in the island state which are on the uptrend despite a slowing economy.
Johor Real Estate and Housing Developers Association branch chairman Simon Heng said foreigners buying properties in Singapore for investment might look elsewhere in the region. Full story
