The Johor-Singapore Economic Zone (JS-SEZ) is expected to become a landmark that will transform property markets in both Malaysia and Singapore, but this depends on the commitment from both countries. The JS-SEZ is anticipated to drive new foreign direct investment, manufacturing activities, tourism, and real estate developments in Johor. This growth will have a ripple effect throughout Malaysia, spreading its benefits more widely. In a positive scenario, Johor will experience faster economic growth, projected to contribute 0.5 to 0.9 percent to the Gross Domestic Product (GDP) growth. This could contribute RM20 billion in the short term and could exceed RM30 to 50 billion with the magnitude, scale, and size of projects at a macro level. The JS-SEZ is also expected to attract more businesses and individuals to Johor, leading to increased demand in residential, office, industrial, and logistics real estate markets, and boosting land prices.
PETALING JAYA: Zon Ekonomi Khas Johor-Singapura dijangka menjadi satu mercu tanda yang mengubah pasaran hartanah di Malaysia dan Singapura, namun bergantung kepada komitmen diberikan kedua negara, menurut Pengasas Bersama dan Ketua Pegawai Eksekutif Kumpulan Juwai IQI.
“Dalam senario positif, Johor akan mengalami pertumbuhan ekonomi yang lebih pantas, yang dijangka menyumbang sebanyak 0.5 hingga 0.9 peratus kepada pertumbuhan Keluaran Dalam Negara Kasar , ini boleh menyumbang RM20 bilion dalam jangka pendek dan boleh melebihi RM30 hingga 50 bilion dengan magnitud, skala dan saiz projek di peringkat makro.
“Aktiviti yang lebih besar akan meningkatkan permintaan di pasaran hartanah kediaman, pejabat, industri dan logistik serta meningkatkan harga tanah yang boleh dibangunkan. Jelas beliau, apabila terdapat aliran barang, orang dan perniagaan yang hampir lancar antara Johor dan Singapura, kedua-dua ekonomi akan berkembang dengan pesat.
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