Property Hunter Magazine September Issue 2014 | Page 110
/// International Property News
Singaporeans Still Keen to Own Homes in Johor
Despite the Government’s plan to impose
a Vehicle Entry Permit (VEP) fee for foreign
vehicles entering Johor, Singaporeans
are still keen on acquiring homes and
commercial lots here, R&F Properties
sales executive Chan Fook Kee said.
He said the fee announcement did
not affect Singaporeans’ demand for
properties here.
“The entry fee is still very much affordable
for Singaporeans. They are still able to
save since house prices here are lower
than those across the border,” he said
at the Star Property Fair in the Johor
Baru City Square shopping complex on
Monday. It was the last day of the threeday fair.
Sunsuria Medini Sdn Bhd project
consultant Datuk Jacky Ker Cherk Yee said
the sales of commercial lots in Medini,
just a few minutes drive from Pinewood
Studios, were also up. He said about 10%
of its buyers were Singaporeans.
Galeri Tropika Sdn Bhd senior sales
consultant Darryl Goh Boon Leong said
Singaporean homebuyers placed priority
on the location of the property.
“We offer service apartments in Genting
Highlands, which not many Singaporeans
are keen on. But we managed to generate
interest from Malaysians p