New Rules to restrict foreigners.
I believe the Selangor restriction is a political move and does not reflect reality. Of course, the effect maybe enclaves of foreigners which may not enjoy the full benefits of the locals. But this will happen many years down the road...
At this juncture, in Johore Iskandar, after a spade of new rules including the increase in toll rates and the expected implementation of JB's VEP fees and the influx of Chinese developers, the property sector does not look bright. Many investors who placed their money in Singapore properties say 10 years ago, can now hope to get a good return in rental or resale. They believe they could do the same in JB. Of course, we cannot see what the future will bring, but I think, many Singapore investors are hoping for the same rewards in JB. Unlike Singapore, JB is very different. It does not have many good rental income or resale prices unless they bought the properties many years go. Sales talk of a good rental income for a new condo apartment is merely just blowing hot air. So my take is that buyers should look forward to their own stay and enjoy JB lifestyle if they want to. If there is good rental or resale price, that would be a big bonus. In at least another 10 years?