An extract from Setia brochure shows the future location of Johor RTS, the stations include:
1. Tanjung Puteri
2. Danga City Mall
3. Kempas
The population in Johor CBD area is covered by 2 RTS stations increasing the accessibility to Singapore. The property value should be positively affected (See previous blog). Currently the average price for new launches is approximately RM900psf, between the range of RM800psf to RM1800psf. Any properties below this price range should be a good bargain. Most local Malaysians are priced out of this range, however the price point is still considered affordable to many Singaporeans.
In comparison, Kempas has not been in the spotlight ever since Iskandar became the media darling. Properties here can be purchase at RM300psf, in comparison to the prices already at CBD, there is still much room for capital appreciation. However being quite far from Singapore Kempas main appeals to locals currently. With RTS and increased accessibility, Kempas might attract more Singaporeans with lower budget with the intention of own stay.
Nevertheless look out for new launches around these RTS stations. Always be an early bird to profit or secure great discounts for your future home!
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