Investment Potential In Iskandar

No doubt, the Iskandar Special Northern Development Corridor is fast becoming very popular amongst foreign investors.

Ever since its inception in 2006, the Malaysian authorities made a lot of effort to attract wealthy foreign investors, particularly those coming from Singapore to invest in Iskandar by providing enticing tax and many other benefits.

Today, not only are Singaporeans making an investment, but investors from China, Taiwan, Japan, Europe and the United States are also coming by the legions to look at the prime investment potentials in Iskandar.

There are a lot of logic behind why Iskandar is a very enticing investment decision for foreign investors.

1) Inexpensive Land

If there is one single thing to be found in the Iskandar Region in abundance, it's land - virgin land that the authorities has delineated as freehold. With land growing to be particularly scarce and more overpriced in Singapore, it is sensible for Singaporean organizations to spread out to Iskandar which happens to be merely over the Straits of Tebrau rather than to some other regions such as China. More and more Singaporeans have also been taking up holiday or weekend homes in Iskandar as well. Once again, it is sensible given that they can get a landed property in Iskandar when it is very difficult to get a economical HDB flat in Singapore.

2) Inexpensive Work Force

There is undoubtedly a lot of talents in Iskandar. Corporations enjoy the privilege of picking from the local talent at a very economical price. The local talent has the abilities and knowledge that is definitely equivalent to Singaporeans at the same time. A lot of them are actually educated in  Singapore. And if there exist any jobs that snobbish Singaporeans consider beneath them to do, such as manual labor and odd jobs, well there are lots of people who are prepared to do it in Iskandar too.

3) Competitive Advantage In Exchange Rates

Since the exchange rate in most countries is at the very least twice the Malaysian Ringgit, it's really a logical conclusion that foreigners can make investments at a fraction of the cost of what they generally would fork out in their own countries and obtain twice the income. They get to spend less on the operational costs at the same time, so it is extremely reasonable to move their operations to Iskandar. For residential properties, foreigners are able to get first class landed properties and even high-class condominiums which come complete with the way of life worthy of the rich at a very affordable price.

4) Upcoming Infrastructure Projects

Construction is currently under way to build a high speed rail link which links Singapore to Kuala Lumpur and it will run through Iskandar. This will make it extremely easy for people travelling from either side of the causeway. And as the link will extend to Kuala Lumpur, Malaysia's capital metropolis, this will make it really convenient for business people to commute for meetings.

Already fresh projects being proposed for Iskandar are receiving really good response from overseas investors. But what of the local investors? This is a huge poser on the minds of local investors as they don't find any kind of competitive advantages for them to contemplate Iskandar as being a worthwhile investment, in spite of the possibilities that can be found there. In addition to know what to invest in property in Iskandar, you also have to know where to invest.

If you would like to know more about how you too can be a part of the Iskandar opportunity, acclaimed Property Guru Milan Doshi and a panel of illustrious speakers will have a talk on the topic of property investment in Iskandar for local Malaysians. Organized by Wealth Mastery Academy, the talk aims to make Malaysians aware of the great potential that is in their own backyard. Click here for further details.