From the second half of 2019, the Iskandar Regional Development Authority (IRDA) began rolling out plans and initiatives to expand and deepen the transportation network in Johor Bahru. The plan was targeted at resolving Johor’s long standing traffic congestion problem. At the same time, smooth traffic flows was regarded as the solution to taking the Iskandar Economic District to the next level. Ever since plans by the IRDA began, Johor Bahru’s holiday villas and high-end condominiums have received increasing demand from investors and buyers from all over the globe. In addition, Malaysia’s capital Kuala Lumpur has capital flows that are second to none. Even though Kuala Lumpur’s housing prices rank at 99th in the world, the returns on investment rank at an impressive 6th in the world. This means that investors in Kuala Lumpur estates typically receive huge returns on investments given the low entry barrier and the high rate of property value appreciation. Subscribe to Ohmyhome’s MY Featured newsletter to gain the insight scope and latest developments in the Malaysian property market, so that you know when and where to buy and sell property in Malaysia to receive the highest returns on your investment.
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