Iskandar Puteri/Puteri Harbour
Johor Bahru, the second biggest city in Malaysia after Kuala Lumpur, is a unique city to visit as a transit stop between Malaysia and Singapore. Its future growth is drawing much attention from investors all over the world. There are many palaces, temples, nature reserves and theme parks to explore in the region. Although it is in a location where you can easily visit the big city of Singapore, the real estate price is only about one-tenth that of Singapore, and about half to two-third of the price of capital city, Kuala Lumpur.
In recent years, condominiums have been constructed and completed one after another, and it is possible to purchase and rent luxury condominiums with pools, saunas and gyms at a price that is two to one third of Tokyo, Japan. For instance, Puteri Harbor, which is in the west side of Johor has a beautiful yacht harbor and a wonderful city lined with luxury sea view condominiums. Close to prestigious international schools such as Marlborough College, tenant occupancy rate, restaurants and supermarkets in the vicinity are increasing. From the nearby ferry terminal, you can easily travel to Indonesian resort Batam Island.
In terms of daily lifestyle, many large shopping malls such as AEON, IKEA, Paradigm Mall, R & F Mall, and SOGO have been completed one after another in the past five years. In addition, Johor Bahru has a district called “Molek”, which is also known as the “Little Japan”. In this area, there are Japanese-speaking clinics, Japanese food dealers, and Japanese restaurants. Since 2019, Family Mart has also been introduced in this city, bringing a huge crowd to this popular convenience store!