just offer alternative views for your consideration if you are thinking of investing in Iskandar.
personally, im not vested there and i have no intention even if it is very cheap. how cheap? FH semi-d can be as cheap as 300-400k sgd rite?
why not invest there?
1) political stability (foreign investment policies)
2) currency risk
3) security
4) seemingly unlimited supply
they build this plot, once sold out, build another one next to it, and then another one next to this....keep going, and by the time u want to sell, sell to who? maybe the developer is still launching till then....
So cheap, if next time cannot sell, just keep for retirement la...this is exactly the mentality that these big timers could be banging on...sound like a trap isnt it?? unless u are developers...
I think the Shenzhen-HK and Iskandar-Sg concept is similar in my opinion but, Mal is still Mal of the past and China is no longer China in the past, do we have to say much about this?? No need right, pretty obvious... So we cannot compare what happen to Shenzhen today, will be Iskandar tomorrow...
anyway, be cautious...nobody say u will not earn from buying penny stocks, they are cheap, and even the famous Ooi also buy into some. but they earn doesn't mean everyone of us will also earn...and when it falls, u know what will happen.
just my opinion.