Malaysia really screwing it up big time: The latest advice by Maybank about the oversupply of housing in Johor...

The latest advice by Maybank about the oversupply of housing in Johore, first the Iskandar Economic Zone and now the Forest City built on 4 newly created islands with more housing available must be kind of like a thunderbolt. How are they going to sell anymore housing to the daft Sinkies? With the warning, no matter how daft the Sinkies are, they must know that things are not looking good. And there were talks of developers offering buy one get one free offer. Too good to be true or things are looking real bad, and developers are bailing out before they lost their pants? The housing and commercial projects in Johore were really a very welcome initiatives and many Singaporeans were really salivating and wanting to cash out from Singapore, from their CPF, to move to Johore. There were so many comparative advantages that cannot be ignored. The advantages were real, not imagin...

Full article: http://mysingaporenews.blogspot.com/2015/04/malaysia-real...

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