What does all these mean? Simply it is designed to compete with the region on its own right.
It will not take over Singapore but to accept some of the investments which is Singapore do not want is good enough. Afterall it is up to the business owners to locate where they want.
I hope they continue to build and line the coast with super condos. Ghost cities? Who cares. Just like water, let the market find its own level. Iskandar is planned for long term. The developers are not worried about short term. These multi prong developments had many people sitting up and concerned. Already movements in port and oil&gas business are happening. Whatever bought by foreigners in Iskandar is actually money flowed into MY. The saying goes..beggars cannot choose. It is how to be a better beggar.
Land reclaimation for waterfront homes all the way. Line the coasts with nice condos for people to see.
Tanjung Pelepas Port, Desaru Resort
Petronas Project
Educity, ThemeParks
Cheaper medical centers.
http://www.starproperty.my/index.php/articles/property-news/steady-as-johor-goes/?search=H
Yay! More waterfront niceties!