PLY's Wall

Hi Lee Bon, I am not sure you are because you are the purchaser of property(ies) in Iskandar or you plan to purchase one, just wondering the market now, near future and not so near future.

Well, the market is starting to be heating up. Bubble probably not, but just to look out for speculative market behavior, whether it is excessive or manageable.

Second, the reason why Iskandar is because Singapore factor. There are a few article and news of S'pore investment / exploration / business relocation plan / deal that you should look out yourselves and study it. Singapore Temasek, if you know it, is one of time.

Having said that, Iskandar is a huge area of development. Nevertheless, there will always be nucleus area, core region, suburban region. Always look out for those 'small region' that is the real thing...again, this is homework.

Finally, you got to be clear of your horizons, short? medium? or long term?? I will not invest in it for rental (residential) especially apartments / condos. And I am not sure of re-sale market fluidity and liquidity and volume. If I want to go in now, why should I purchase a resale when I could purchase a new one with better condition and good locality with choice view?

When LRT will be completed??

If you could fork out at least half of the RM8.5 million for downpayment, and if the yield is above 6%, and if the crowd is like nowhere else, and if there is relatively land scarce area, and if it is freehold, and if this is a rich men area, then probably you could put all your eggs in one basket (especially if you are lazy to manage a few other properties with that amount of money investment)...and if you don't have other commitment, and if you would be able to hold to it if any crisis unfold...