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Malaysia: Strategic developments in Johor Bahru
The Singapore-Johor Rapid Transit System (RTS) link has been delayed to February next year. Real estate experts interviewed believe that this will have a limited impact on the overall property market in Johor Bahru and will not be enough to change the decisions of potential property buyers. However, landlords who bought property with loans, investors focused on short-term returns, and those who have arranged their leases and are preparing to move from Singapore to Johor may be more directly affected.
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