Singapore President Tony Tan visit to Melaka

While relations between Singapore and Malaysia may dip occasionally, Singapore President Tony Tan believes the close personal ties shared at all levels of government as well as the current positive mindset will help overcome challenges.

Indeed, Dr Tan feels there is “a new momentum” in bilateral relations following the resolution of the Points of Agreement (PoA), which was an important catalyst in advancing ties.

“I had a very good visit here. Overall, I would characterise the bilateral relations as excellent and full of potential for joints projects on both sides,” he added in three days state visit to Malacca at the invitation of the Agong, Tuanku Alhaj Abdul Halim Mu’adzam Shah.

Cautioning that bilateral ties cannot be taken by granted but need to e nurtured, Dr Tan said: “I recognise that the path ahead will not be entirely smooth, but i am confident that the present positive approach and close personal ties we share at all levels will help to overcome these difficulties and challenges.

Tony Tan is confident the occasional hiccups in relation s or Malaysia’s internal affair would not affect planned joint projects including those that will enhance connectivity, such as the Singapore-Johor Bahru Rapid Tansit System (RTS) or the more ambitious Kuala Lumpur – Singapore high speed rail HSR link. High Speed Rail HSR once completed will shorten the Kuala Lumpur – Singapore journey to 90 minutes.

“There may be wrinkles from time to time arising from the domestic political situation in Malaysia., but I don’t see any of this derailing the projects”. ” It is a matter of being prepared. In implementing the projects, both sides have to look after their own interests, but what’s important is the realisation that both sides will benefit from making it happen. And from my meetings, it’s clear both sides have a vested interest in making things happen.

Singapore President Tony Tan noted that a format for issues resolution has been established in the form of a joint ministerial committee (JMC) which works through mutual negotiations. The Joint Ministerial Committee JMC is working on the mooted Singapore – Johor Bahru RTS which Dr Tan acknowledged has still ” a number of issues to be worked out between the two governments”.

Source from Today newspaper

 

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Singaporeans top foreign buyer in UEM Iskandar property project

Recently newspaper reveals that Singaporeans accounted for 74 percent of total foreign buyers in UEM’s Iskandar property project. The rest of 26 percent Iskandar property buyers are from Indonesia, China, Japan and Korea.

Based on the UEM CEO Wan Abdullah Wan Ibrahim, most Singaporean buyers are those who always go Johor Bahru for business purpose and people who always spend weekend at Johor Bahru for shopping, food, and vacation. Singapore buyers more to buy upmarket property in Iskandar Malaysia, and landed property and luxury condo near to Singapore is their top choices.

UEM is the main developer in Nusajaya, Flagship B at Iskandar Malaysia. East Ledang is one of the earliest development by UEM in Nusajaya area, and it covers bungalow, villas. There are several condo project developed by UEM at Puteri Harbour.

The high numbers of investors flocking in to Iskandar have been push up Iskandar property prices to a new height since 2011. East Ledang bungalow resale market has shoot up more than 40 percent since 2011 and still going up. It has been very sought after by Singaporeans and Malaysian that worked in Singapore. In Singapore, a landed property at least price in at 2 million above in Singapore dollars. Yet, it is not a bangalow.

 

Property Management and Property Consultancy, One Stop Renovation services, Mortgage, Housing Loan Insurance MLTA

Alvin Mah
016 – 888 4292 / alvin-ma@live.com
Property consultant
Website: http://mproperty.asia
Property Consultancy and Property Management services, Renovation and Refurbishment Services, Mortgage and Housing Loan Insurance services

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