Considering how space-challenged Singapore is, this is no wonder as properties in Johor are likely to be substantially larger
SINGAPORE: After having been in a worrying downward spiral since mid-2023, the Malaysian ringgit has finally rallied, hitting an 18-month high on Wednesday .
Considering how space-challenged Singapore is, this is no wonder. Properties in Johor are likely to be substantially larger than those that can be obtained in the city-state. In large part thanks to efforts from the government of Malaysia, foreign investors have poured US$112 million into Malaysian stocks so far this year.
Therefore, property buyers in Johor are unmoved. With the upcoming Johor Bahru-Singapore Rapid Transit System Link, scheduled to begin operations by the end of 2026, travelling between Singapore and Malaysia will be easier than ever, with time of travel reduced to a mere 15 minutes.Another factor causing Singaporeans to consider buying property in Johor is the high cost of living in the city-state.
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