Data from the National Property Information Centre (NAPIC) shows that Johor’s residential overhang has decreased. In 2022, Johor had the highest overhang in Malaysia, but that has changed. The overhang dropped by 19.6%, going from 5,258 in 2022 to 4,228 in 2023. Has the RTS link sparked more interest in properties along the route and boosted property demand and prices of new property in Johor Bahru? Let’s explore.
RTS in Johor Bahru
The RTS is a significant project in Johor, set to be completed by the end of 2026. This development is expected to boost the state’s economy, strengthen ties between Malaysia and Singapore, and positively impact the local property market. Passengers will be able to travel from the Bukit Chagar station, located next to the JB checkpoint, to the underground Woodlands North station in Singapore in about five to six minutes.
During peak hours, trains will run every 3.6 minutes. This 4 km rail system can carry up to 10,000 passengers per hour in each direction, helping to reduce traffic congestion on the 1 km-long Causeway. The RTS Link project is located in Johor Bahru, and our data shows that the demand for residential properties in Johor Bahru is increasing alongside the supply. This trend highlights the growing interest in new property in Johor Bahru.
Focusing on serviced residences in Johor, New Property in Johor Bahru
Property buyers and investors interested in the RTS development in Johor Bahru should think about investing in a serviced residence unit. There has been a noticeable increase in the supply of serviced residences in the area over the past few years. The popularity of smaller units among investors and buyers may be because they have a lower entry cost and a higher chance of being rented out.
Additionally, people working in Singapore might prefer smaller units since they are easier to maintain. As more people look for new property in Johor Bahru, these smaller units are becoming a popular choice. Investing in new property in Johor Bahru can be a smart move, especially for those seeking convenience and affordability.
Focusing on serviced residences in Johor, New Property in Johor Bahru
If you’re considering serviced apartments, check out Molek Pulai Serviced Apartments! They offer three attractive unit types:
Type A: 947 sq. ft. with 1 bedroom and a flexible space.
Type B: 1,076 sq. ft. with 2 bedrooms.
Type C: 1,431 sq. ft. with 3 bedrooms.
Residents enjoy fantastic amenities such as a swimming pool, gym, playground, BBQ area, sky garden, games room, indoor playground, sauna, and an on-site preschool. Conveniently located just 12 km from JB CIQ, it’s only a 15-minute drive—ideal for daily commutes. These apartments are affordably priced and provide easy access to major highways. You’ll find everything you need nearby, including banks, logistics companies, restaurants, hospitals, schools, retail shops, and a golf club.
Take advantage of a special offer that includes savings of up to RM137,000! This amazing deal features free stamp duty, loan and legal fees up to RM30,000, maintenance fees covered for up to 12 months, and an ID subsidy of up to RM85,000. Plus, enjoy complimentary items like air conditioners, a kitchen cabinet, and a water heater. Note that the offer may vary based on the unit type.
Don’t miss this opportunity to invest in new property in Johor Bahru! The Molek Pulai Serviced Apartments are perfect for those seeking comfort and convenience in a vibrant community.
New Property in Johor Bahru
If you’re looking for a new property in Johor Bahru that combines excellent facilities with a family-friendly atmosphere, Taman Molek is the perfect choice. Ideal for both Singaporeans and Malaysians, Taman Molek boasts a prime location with easy access to shopping malls, convenience stores, hospitals, schools, and much more.But Taman Molek offers more than just a great location; it provides a lifestyle. Featuring spacious apartments and modern amenities, it strikes the perfect balance between contemporary living and a close-knit community vibe. With the upcoming RTS development, commuting will be easier than ever, making
Taman Molek an even more attractive option for those searching for new property in Johor Bahru. When looking for new property in Johor Bahru, Taman Molek truly stands out for its comfort, convenience, and vibrant community spirit. Don’t miss your chance to find your dream home in this thriving area—contact Berinda Properties today and explore the exciting opportunities that Taman Molek has to offer!
