Oh sorry guys. I didn't know Relaxman or CS Long (??) has upset people here?
I wonder when all the big establishments like Gleneagles, Affiniti, One Medini, the various ang moh universities are ready, will Medini be vibrant? And so properties will be back in demand?
I remember clearly the same thing happened to Bishan. As some of you may know, decades ago, it was a graveyard. When the MRT was running thru it in late 1987, there were fake reports of ghosts sightings to sensationalize the news. There was no library, no Junction 8. Bishan Park was still i the process of building. There were no good/top schools like Raffles or Cat High. It was just a new residential town. Lots of HDB flats, no shopping centres. You only buy stuffs from the small provision shops or coffeeshops.
If you had told Bishan residents back then that their HDB flats would one day sell for up to a $1 million, I have no doubt all of them would have said you were mad! But fast forward 20-25 years later, Bishan has become a very "hot" area!
Right now, Iskandar is so bare, like Bishan. So analysts can only use the present data to analyze and comment on the almost dead situation Iskandar is in. They would never comment about the future as anyone can say whatever they like and there are no facts to prove what will definitely happen.
So I think how successful Iskandar will be lies a lot on how the Malaysian govt plays its cards.
The big problem is, as people often say, you can't expect policies and plans to be run as efficiently as in Singapore. That I feel could be a huge bottleneck.
But if they make effort to do it well and attract the right investments into Iskandar, it could prove to be Big. The question is How long will it take? Some don't think in this generation! I hope they are wrong.
