This thread has been a valuable resource. I enjoy reading both the positive and negative views given in all the threads. Even though I think I am very much "in the know", it is impossible for me to know everything. Hence, it is always good to read about what everyone has to say. There is always the possibility I missed out an angle.
shctaw is a Pro-Zone-A guy. I enjoy getting to know the way his brain works. Even though I dont agree with some of his views, he doesnt take offence when I present my arguments. All of us are invested for various reasons. Some do it for fun. Some do it for retirement. Some do it for their children. Etc. When interests differ, views will too. it is normal. The thing is, whether a writer likes or dislikes Iskandar, it would be nice to back it up, and back it up with logical reasons.
From my POV, investing in Iskandar is risky business. It forms only a very small part of my portfolio. About 15%. 85% of my investments are still in SG. If it makes money, it is extra money I can give my wife. If it loses money, it wont kill me. I have already made provisions.
Also, I get news and insights from developers quite often and it confirms my thoughts that Iskandar is not for the faint hearted. If you are in it for speculation, then anything goes. But if you are in it from an investment angle, be prepared for a very long run. A developer that I spoke to recently has got a 40 year plan for their land bank in Iskandar! Where will you be in 40 years??? So tread very carefully.
However, having said all the potential pitfalls for Iskandar, I must also say that I chose Iskandar over BKK, KL, London, NY, Tokyo and Melbourne. Primarily it is because it would be easier to manage. Secondary reason is because I foresee appreciation over the long term.
Let me see what else I wanna add... my friends... Most of my friends (rich or otherwise) ARE NOT invested in Iskandar. They either dont believe in Malaysia and/or prefer other locations. But most of them are keen to explore if and when the opportunity arises. Only 3 of my friends are vested in Iskandar. 2 of them are worth about $10m each. The 3rd friend is worth about $100m.