Guys, you are not being fair to Iskandar. Here's why:
"You have to be fair to Iskandar as
housing was never part of its main draft. The crux of its investment was more on services, hospitality and manufacturing as well as allocations for small and medium enterprises (SMEs).
“
The investments we are interested in are not housing and this is why we have called in Pinewood and Legoland to Iskandar. That is the main investment strategy but because of all these, foreign developers think there is a demand for their properties and that is not happening.
“This is what’s happening and they have to live with it. If they are willing to
take the risk then we can’t stop them,” the senior Umno lawmaker said.
http://www.themalaymailonline.com/m...ee-foreign-optimism-meeting-poor-local-demand
Funny that this UMNO guy, whoever he is, said housing was never part of their interest for Iskandar. Yet, I wonder, didn't the authorities themselves sell so much land to the developers to build those tens of thousands of condos?
And they kept emphasizing Iskandar is for manufacturing, services, other businesses, education, etc. I keep hearing Legoland. Like Iskandar depends so much on it. But when I went around, I saw a lot of empty land and most of those still under construction are actually condos. My friend told me Ascendas industrial park was completed months ago but the whole place was empty. Is this true?
Got RISKS if you buy Iskandar properties, as warned by the UMNO guy. Not me.
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As for RTS, this is the rebuttal from Singapore after the Johor side accused Singapore of delaying it!
"The suggestion that Singapore has been delaying progress on the RTS link is incorrect. Singapore informed Malaysia in
June 2011 that the RTS terminus in Singapore would be located at Woodlands North near Republic Polytechnic," said a spokesperson from the ministry. "However, to date,
Singapore has not received official confirmation of the location of Malaysia's RTS terminus in Johor Bahru."
http://transport.asiaone.com/news/g...ss-rts-link-between-woodlands-and-johor-bahru
The article was published last year. In 2011, Singapore was already all prepared to get the ball rolling.
4 farking years and the Johor side still ding-a-dong-dong. Maybe it could have been ready by the original dateline 2018 if they moved their lazy bums and stopped making excuses. Now we know which side is causing all the problems. If you go to Woodlands, you can see Singapore's side is well underway. It's really a pity that things get delayed like that.
Someone reminded me the Channel Tunnel linking UK and France was actually proposed all the way back in 1802!!! But work started only more than century later and completed in 1994!!!
Singapore's own Circle Line MRT was first conceptualized in the 1980s, started construction in 2002, and completed in 2011. Imagine, this is within Singapore itself and planning was done by the efficient SG government.
So ermmm... RTS? HSR? These are cross-country projects involving 2 totally different countries and governance.
We may not even see them in the next few decades! Haha... Where got so simple.....
That previous article
http://www.nst.com.my/news/2016/05/1...t-haven-making is highly deceptive. I think they are just trying to push unsuspecting people to buy more Iskandar properties in this very slow market with so much oversupply.