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Old 14-05-2015, 08:12 AM
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When you see property agents marketing their Johor properties aggressively in this forum, you know that it is a sign of panic. Many current owners and developers of Johor properties are panicking and dumping their properties because they know prices will collapse by 50% or more due to the massive glut.

Those who bought land there for RM700 psf are scared as these properties were only RM30 psf only a few years ago. It is not surprising if these overvalued land see their prices drop back to RM30 psf. When it reaches back to RM30 psf, you can then buy the GCB land for you to rear goats and chickens.

Singaporeans should beware that they will not only see prices of Johor properties collapsing, the exchange rate will also drop to S$1 = RM4 in the longer term and you will also lose further from forex losses.

Be careful. Be very careful. You have been warned.
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