PETALING JAYA: Johor Bahru’s emergence as a key economic hub will rely on seamless collaboration between Malaysia’s federal and state governments and their strategic partnership with Singapore.
Knight Frank Malaysia’s executive director Allan Sim emphasized that synchronized policies between the two nations are crucial. “Johor Bahru’s growth hinges on federal-state cooperation and its synergy with Singapore, benefiting both countries,” he noted during the REHDA Institute’s “CEO Series: Economy & Business Forum 2025.”
The Johor-Singapore Special Economic Zone (JS-SEZ), established on Jan 7, promises enhanced economic connectivity. Incentives like a special corporate tax rate will take effect in 2025 to attract investors. Sim also highlighted the role of the Rapid Transit System (RTS) Link in boosting housing demand near Johor Bahru’s city center.
Experts from Hong Kong, Australia, and Vietnam also shared insights on global housing and real estate trends at the forum, which gathered over 350 key stakeholders.
