No wonder there is a surge in the number of Singaporean buyers coming to view resale properties in Iskandar recently. Is it due to the strong SGD?
Many in the audience are small time investors trying to find out more what's in store and maybe some info on the direction and status of the property market.
Without any doubt, property market in JB is definitely over supply.
Obvious examples like the Country Garden and Princess Cove, they are still stuck with many unsold units after their launch 3 and 2 years ago respectively, you can still walk in and buy direct from the developers anytime.
Those units that were completed and handed over in 2015, a high percentage are seeking for resale.