Agree. Prices in Nusajaya are definitely not at their peak, even though prices are already at a premium.
On the contrary, Singapore's price is more likely to be at its peak rather than Nusajaya's.
We judge things so complicatedly because our own money is at stake.
If this is an investment game and we are using fake money, everything will suddenly become so clear and simple.
Say Singapore's price is at $10 now, that puts Nusajaya price at around $1. (even though already priced at a premium, still 10 times cheaper)
To see our investment doubles in say 5 years, it's so much easier for Nusajaya to further develop(with present committed investments) and its price doubles to $2, than Singapore's price doubling to $20.
Moreover, we are not imagining the future developments of Nusajaya, there are already tons of committed investments Mainly in Nusajaya.
Nusajaya is not just the hottest investment magnet in Iskandar Region, it is the strongest investment magnet among all the other Economic Corridors of Malaysia so far.
For so much investments to be concentrated in such a small area(Nusajaya is only about 5% the size of Iskandar Region. Around the size of Tuas maybe?), any Tom Dick and Harry playing this investment game will include Nusajaya as a part of their total investment portfolio.