Why
Iskandar Malaysia
Property market in Asia countries are booming in recent years. For some Asia countries which are in the
progress of fast growing and open door policies, they are attracting a lot of
foreign investors to have their business in Asia. Many foreign institutional
investors and MNC companies from Europe and America have expanded their
businesses and operations in Asia countries to tap into this huge economic
market which are in fast growing while their own countries in Europe and
America are in recession or in slow pace of growth.
With the flow of foreign
direct investment and job creation
from these MNC companies, many developing countries have set up special economic zone to attract and
accommodate these institutional investors, MNC businesses and factory
operations. Southeast Asia with the benefit of lower labor cost and operating
cost has become the prime location for factory and service industry.
Iskandar Malaysia taking the advantages of its location nearby to
Singapore and Indonesia, with plentiful natural resources and wide scale of
plain land, lower operating cost and plentiful of skilled human resources
become the top choice of special economic zone from foreign
institutional investors, MNC companies and
Singapore businessman.
Singapore, a well known financial, tourism, and busiest sea port
in the world’s city state country, consists of 5.5 million of citizen and
Indonesia has citizen of over 1 billion with full of its natural resources and
plantations. The Indonesia-Malaysia-Singapore
Growth Triangle (IMS-GT) was established to strengthen economic links in
the region and optimize the complementary between three countries. Singapore,
Indonesia and Malaysia have achieved steady and significant economic growth
after the sub-prime crisis while Europe and America still in recession and slow
pace of growth.
Why choose property market in Iskandar Malaysia
Economic Stability – Malaysia has enjoying steady and high growth since 1997
Asia economic crisis. Malaysia enjoy low employment rates and high job
opportunities.
Politic Stability – Malaysia is a democratic country whereby each
citizen has the right to vote for their ideal party to rule the countries.
Social Stability – Malaysia with three major ethnics and few minor
tribes enjoy a peaceful and harmony society. Everyone is respecting each other,
communicate and blended well in the community.
War
– Malaysia has encounter 0
wars since 1945 with Japanese. Malaysia neutral diplomatic policies exclude
Malaysia from any conflicts with other countries.
Political tension - Malaysia resolves all sovereignty disputes through
international court instead of military way.
Natural disaster – Malaysia is a blessed country with no natural
disaster. Earthquake, tsunami, volcano, tornado and terrible flood are far away
from us.
Weather
– Malaysia enjoy four seasons of spring
weather. No drastic cool winter seasons that can kill people and extreme hot
season that causes death.
Safety
- Malaysia applies 0
weapon policies. Individuals posses weapon without license are subjected to
crime and will be arrested and having heavy penalty.
Property prices and its sustainability
Education
– Education is the only way to improve
and get higher salary. Malaysia policy encourages and allows all people to
study or further study in universities or colleges.
Job Opportunities - Iskandar Malaysia as a special economic zone provides a
lot of incentives to foreign investors. It has attracts many foreign direct
investment flow in. Many foreign institutional investors, MNC companies and
Singapore companies is considering to move in, have started move in or already
set up their businesses and factories in Iskandar Malaysia.
Urbanisation
– Iskandar Malaysia will become third largest cities in Malaysia after capital
Kuala Lumpur and Penang. Transport linkage through High Speed Rail HSR between
KL and Singapore will promote Iskandar Malaysia into a mega cities and a mega
region.
Malaysia My Second Home MM2H – With the complete make over of JB city center and
totally new city development in Nusajaya, Iskandar Malaysia expected to attract
many elderly and rich foreigners to buy property and migrate here to enjoy high
standard of living with comparable lower living cost.
Global Economic Transformation – Recession in Europe and America and America stance of
TPPA Trans-Pacific Partnership Agreements has lead to economic shift from
western countries to Asia.
Economic Transformation Programme – Economic Transformation Programme is a
comprehensive effort that will transform Malaysia into a high-income nation by
the 2020.
Population
– Iskandar Malaysia expected to reach its population of 3 million in years
2020.
Globalization and mobility – With the ease of mobility and connectivity through sea,
land and air, and globalization through the advance of Internet and information
flow, Iskandar Malasia will attracted many quality human capitals and human
resources from all over the world.
Pro business environment – Iskandar Malaysia is a special economic zone with lot of
incentives and least restrictions to encourage foreign investment to establish
their presence here.
Foreigner property ownership – Foreigner are allow to buy property and enjoy 100% property
ownership and loan from local banks.
Land prices, raw material prices and higher salary – Three of these factors have push up
the overall property prices.
Tourism and EduCity – The formation of 2 education city namely EduCity, City of Knowledge and
establishment of Legoland, Hello Kitty Family Theme Park, International Resort
Destination, Waterfront City, Puteri Harbour and other international well known
theme park industries in future are aim to provide stable population to sustain
the property market, its supply and its demand. Malaysia natural resources,
multiple cultures, languages and religions, heritages and of course the foods
have become Malaysia a well known top of choices tourism destination.
High Speed Rail HSR (KL-Singapore), Rapid Transit System RTS(JB-Singapore),
Internal Rail Commuter, and Rapid Bus Transit RBS – The mentioned network linkage will
definitely bring the Iskandar Malaysia property prices to a new height.
Singaporeans who like to enjoy foods and luxury living standard,
spacious environment and Singapore PR are the biggest home buyer in Iskandar
Malaysia. Malaysians who are Singapore PR are also the biggest and potential home
buyers in Iskandar Malaysia. With the more mature economic market and its
infrastructure, Iskandar Malaysia will become top of choices of property market
from investors, investment funds, financial institutes and wealth individuals
to invest, work, stay and live.
