Thursday, 24 July, 2014

 
Published July 17, 2014
Does Iskandar really need more reclaimed land?
Iskandarmasaoa1707

Iskandar Malaysia's value proposition - polished further by its proximity to Singapore - remains intact, but may not do so if development there is left unchecked - PHOTO: SPH

[SINGAPORE] Too much of a good thing is bad.

The fixation over waterfront properties in the Iskandar region, which has led to frenetic land reclamation, is threatening to undermine the prospects of the growth corridor launched in Johor eight years ago.

Iskandar Malaysia's value proposition - polished further by its proximity to Singapore - remains intact, but may not do so if development there is left unchecked.

At 2,217 square kilometres, Johor state's southern development corridor is thrice the size of Singapore; in sports parlance, that is about the size of 400,000 football fields.