Recently newspaper reveals that Singaporeans accounted for 74 percent of total foreign property buyers
in UEM’s Iskandar project. The rest of 26 percent Iskandar project property
buyers are from Indonesia, China, Japan and Korea.
Based on the UEM CEO Wan Abdullah Wan Ibrahim, most Singaporean property
buyers are those who always go Johor Bahru for business purpose and people who
always spend weekend at Johor Bahru for shopping, food, and vacation or
staycation. Singapore property buyers more to buy up market new launch property
in Iskandar Malaysia, and landed property and luxury condo near to Singapore is
their top choices.
UEM is the main property
developer in Nusajaya, Flagship B at Iskandar Malaysia. East Ledang is one of the earliest new
housing developments by UEM in Nusajaya area. East Ledang covers bungalow and villas.
There are several new property launch developed by UEM at Puteri Harbour.
The high numbers of real estate investments flocking in to
Iskandar Malaysia have been push up Iskandar Malaysia property prices to a new
height since 2011. East Ledang
bungalow resale market has shoot up more than 40 percent since 2011 and still
going up. It has been very sought after by Singaporeans and Malaysian that
worked in Singapore. In Singapore, a landed property at least price in at 2
million above in Singapore dollars. Yet, it is not a bungalow. East Ledang
provides the alternative for them to enjoy the luxury of bungalow and landed
property yet at lowest property prices compare to Singapore property prices.
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| East Ledang |
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| Nusajaya Master Property developer UEM |
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