I think there's a very strong struggle here:
Singapore:
+ points: VERY SAFE, strong economy, strong government, very advanced overall, excellent education system, excellent transport system
- points: housing (public and private) and cars are very expensive, most are chained to 25 to 30 years of housing loans, very crowded everywhere, stressful living
JB/Iskandar:
+ points: Relatively cheap and very big housing, new areas like Medini/Puteri Harbour not crowded, detailed plans for Iskandar (though how successful remains to be seen), much more affordable than Singapore, more relaxed living (excluding old JB)
- points: Some areas are not safe (robberies/murders), weak currency, newer areas still generally undeveloped and decades behind Singapore, government may be corrupted, rules can turn unfavorable for investors, especially foreigners, transport system still basic
What advice do you all have for the younger generation who wish to have a better life?
I see some of my juniors at work and they ask me how... I'm stumped to give them a good answer. They have good degrees from local unis, stable jobs in the office, but they recognize if they continue what they do, they'll be "slaves" to the SG government paying S$500k for tiny HDB flats for the next 30 years.
Yet Iskandar is a far-fetched idea to them due to the lack of convenient transport system to let them travel from SG to JB, and all the negative points listed above. The confidence is just not there yet.