Sign up for talk on Malaysian property scene
THE new train line linking Woodlands to the heart of Johor Baru will boost business activity there, which could drive up property values, said Mr Donald Han, managing director of property consultancy Chesterton Singapore.
The 49-year-old made that prediction based on what happens in Singapore when an MRT station opens near a property.
Property values could increase by up to 20 per cent within five years of the date of announcement of the building of the MRT station, he added.
The highly anticipated rapid transit system - with stations near Republic Polytechnic in Woodlands and JB Sentral in Johor Baru - is expected to be completed by 2018.
"Those who will benefit the most from this venture will be the first-movers who buy a property near the first station that opens on the new line," said Mr Han.
He will speak more on the topic at the MyPaper Advance Series Seminar on Feb 15.
At the seminar, themed The Smarter Way to Buying Properties in Malaysia, Mr Han will also give his take on how the JB city centre might outperform Iskandar.
The seminar will also feature Mr Kenny Tan, OCBC's head of channel strategy and business alliance, and Ms Cassandra Tio, head of sales and marketing at Hatten Group.
Mr Tan will give tips on how to finance property purchases, while Ms Tio will talk about the impact of property cooling measures in Malaysia.
Find out from the experts how you can get the most out of Malaysian properties at the MyPaper Advance Series Seminar on Feb 15, from 10am to 1pm, at the SPH News Centre Auditorium (1000 Toa Payoh North). Registration closes on Feb 13. To register ($5 per person), visit http://pbp.sph.com.sg/mpadv1