Just sharing my personal views on the above matter. I definitely agree with you regarding the facts which you've stated above, but what you've stated about Sg and Johor are all facts of the
present situation. In investments, we are all betting on the
future, don't you agree?
I have a much higher risk appetite when compared to most people. I like to invest in something which can yield a profit of at least 100%(double my purchase price),
- Within 1-2 years for stocks
- Within 5 years for properties.
Thus to make 100% profit on properties within the next 5 years and comparing both Sg and Johor's price
at present, I see it in this simple way(using sgd as illustration);
Present price - If Nusajaya's price is presently SGD1, Singapore's mass market price is around SGD8.
In the next 5 years, I think there's a much higher chance for Nusajaya's price to double to SGD2(thus making 100% profit for me) than Singapore's price to further double to SGD16.
Of course not everyone dares to take risk like I do, many are low risk takers and will not take chances, they would rather wait for Nusajaya to become a reality before purchasing a nice property which they like. But when so many people are finally buying Nusajaya, that's the time when I'll sell off my excess units and use my profit on my new targets for investment.
There's no right or wrong here, just a matter of risk appetite and each individual's goals, dreams and ambitions. Many people are the 'down-to-earth' kind and I respect that. As for me, I'm the ambitious type