Maybank sounds warning on Iskandar, urges caution

[Hans168]

All these can easily be resolved if Najib abolish the minimum cost a foreigner can buy homes in Iskandar, which right now is at RM1 mil. If it goes back to RM500k, costs of locally produce cars only S$15k, very affordable for sinkies. Only problem, malaysia surrendered KTM land back to singapore, so no chance of commuter rail between JB Sentral and Tg pagar anymore.

Years ago I bought 2 condos in Penang
There were many rules changes and flip flop
Even agents are fond of cheating Singaporean owners by asking monore comommission & duplicated apt keys without permission lawyers useless as they do not want to offend agents who give more conveyancing biz than owners do...
Exit the investments with losses mostly due to Xchange losses n fees, levies andconservaton charges.
Never again - dirt is cheap there but it is also dirt!!