Yes.... I spoke to this well-known boss of a property agency in SG. In 2013, he recommended investing in Iskandar quite enthusiastically. But in a 2015 talk I attended, he was very quiet about Iskandar and hinted at being careful.
So after the talk, I went to him and asked why the change in opinion. He paused briefly and said the China developer threw everything off balance, especially with Forest City.
The Chinese citizens could have been those who might consider buying other condos in Johor. But now with their own countryman developer building the thousands of new condos in a self-sustaining township, many will flock there instead.
I read that Forest City can accommodate a population of 700,000!!! Wow. Slap me..... That's a huge number hard to imagine. And despite its gigantic size, Forest City is not the only place... there are many other new Johor condos in the pipeline.
Maybe here is a glimpse into the future for you to visualise of what Medini or Forest City may possibly look like.
Please note from the interview that the apartments mostly sold!!!