JB's economy is strongly based on retail and F&B. Once these pillars are hit, we are likely to see businesses closing shop. Retrenchment will be in the air within 6 months after SG raises the toll. Crime rate may go up and property prices are likely to stagnant in areas where SG visitors traditionally spend their money (i.e. zones A and B). Puteri Harbour will be hit as well.
Since when did crime rate ever go down in JB? Its always high. I find it shocking during my weekend trip to Malaysia that the place is still congested as before. Singaporeans are still flocking to Jusco /Giant to shop and my massage parlour is still fully booked as usual.
Sometimes I wonder when will I ever get peace? Even Sunway Iskandar and Puteri Harbour were packed with visitors when I visited during National Day.. The former were packed with Malaysia cars ( many from KL and none from Singapore ) and the latter had many non-Singaporean visitors though. I was told Sunway Condos / apartments had overwhelming response for the top floors and they might even need to ballot.. again.. donno real or not.
Then received a call from a Malaysia friend who asked if Country Garden is a good buy cos the entire development was impressive. Another call came in from a Singapore-based good friend who asked if R&F was a good bargain.
Both were for weekend stay and never drive in and out of JB. Maybe this group of buyers are not hit
I do hope the LTA quickly matches the toll so that peace can be returned. I would like to drop by country garden and R&F to visit the beach which is reputed to be serene and tranquil