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Maybe. But also depending on which part of JB u are buying/staying. Cost of living may go up. But at least they have a landed property that only cost them the most S$150K few yrs back i.e. a standard 20x70 double storey terrace.
Now u tell us for S$150K, what sort of property can one buy in Spore?
Almost all my friends have bought in Iskandar, most of them recently, when prices in Iskandar hit an all-time high.
This does not mean they are right. It could mean that they are all Dead Wrong!!!!!
Your S$150,000 property analogy is wrong. It is like buying a Penny Stock. Sure, a penny stock costs 1% of a Blue Chip stock. But what good is a penny stock? It can get vaporised anytime.
Iskandar is like a Penny Stock. Cheap, but the whole thing can disappear from your grasp any time.
Buying an Iskandar property is like buying an Ice Cream house. Now you see it, Next moment it is gone.