Johor property market still hot but watch out for pitfalls
Investors should ‘do their homework first’, even as the upcoming Johor-Singapore Special Economic Zone adds to Johor’s allure
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THE strengthening of the Malaysian ringgit against the Singapore dollar since July could reshape how Singaporeans shop across the Causeway – including for big-ticket items such as property.
But for now – the stronger ringgit notwithstanding – Johor real estate is still whetting Singaporeans’ appetite.
Previndran Singhe, chief executive officer of Zerin Properties, a 22-year-old real estate agency headquartered in Kuala Lumpur, says Singaporeans’ interest in Johor property has been growing, especially since cross-border restrictions were eased post-pandemic.
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