No. 1) GOVERNMENT INITIATIVE. BOTH MALAYSIAN GOVERNMENT & SINGAPORE GOVERNMENT COMBINED EFFORT TO MAKE ISKANDAR A SUCCESS. BOTH HAVE STRONG VESTED INTERESTS FOR ITS SUCCESS! The Bible says,“One Chase A Thousand, But Two Shall Put Ten Thousand To Flight… Deut. 32:30″ The Strength of Two Increases The Possibility of Success Ten Fold!
NO OTHER GOVERNMENT OR GOVERNING BODIES IN THE WORLD TODAY HAVE SUCH INITIATIVES! EUROZONE IS TOTTERING ON BANKRUPTCY & INSOLVENCY. USA IS FEVERISHLY PUMPING AIR INTO THE DYING ECONOMY. WHEN BERNANKE REMOVE QE (THAT MEANS THE REMOVAL OF OXYGEN FROM THE PATIENT )
BRICs (BRAZIL, RUSSIA, INDIA & CHINA ARE SLIDING INTO RECESSION) JAPAN’S ABENOMICS ONLY BENEFIT A MINORITY – THOSE WHO OWN ASSETS & BUSINESSES WHILE THE MAJORITY ARE LEFT OUT – ESPECIALLY THE MIDDLE CLASS WHO WILL FACE RISING PRICES WITH STAGNANT SALARIES.
“ISKANDAR WILL RISE & SHINE LIKE A BEACON IN A WORLD OF DOOM & GLOOM!”
No.2) THE PENDULUM SWING PRINCIPLE.
For Twelve Very Long Years ISKANDAR Went Into A Long & Wearisome Down Trend While Penang, KL, S’pore, HK & China Boomed. The PENDULUM IS SWINGING BACK IN THE OPPOSITE DIRECTION OF UPTREND. AS THE DAYS GO BY IT IS SWINGING MORE AND MORE FIERCELY TO COMPENSATE FOR 12 LOST YEARS.
THE LAW OF MOTION DICTATES THAT THE DEGREE OF PENDULUM SWING TO THE LEFT WIll BE CORRESPONDED BY THE SAME DEGREE WHEN IT SWINGS BACK TO THE RIGHT.
BY THIS SAME UNIVERSAL LAW – THE TWELVE YEARS OF DOWNTREND FROM 1997 – 2009 WILL BE COMPENSATED BY 12 SPECTACULAR YEARS OF UPTREND – 2010 – 2022.
By THIS SAME LAW THE ISKANDAR PROPERTY BOOM IS STILL EARLY – 2013 to 2022 ARE STILL 9 YEARS AWAY! AND REMEMBER, THE ROLLING IN OF MRT FROM THOMSON, SINGAPORE TO JOHOR BY 2019/2020 & THE ARRIVAL OF HIGH SPEED BULLET TRAIN FROM KL WILL FURTHER PROPEL ITS GROWTH IN AN UPWARD TRAJECTORY!
N0. 3) THE DESTRUCTION OF PAPER CURRENCY COMPELS PEOPLE TO SEEK REFUGE IN REAL ASSETS LIKE GOLD, LAND & REAL ESTATE.
An Irresponsible Govt. Can Create Money Out Of Thin Air Not Backed By Gold. Men Can Print Any Amount Of Money By Cutting Down More & More Trees. But Men Cannot Create Or Multiply Gold Or Real Estate. And Trees Are More Valuable Than Valueless Paper Money Someday.
Let me give you a true example. Before The Fall Of Japanese Occupation In Singapore in 1945, British Planes Have Dropped Warning Notes Telling People That When The British Returned To Rule In Singapore – the Japanese Banana Currency Will Become Valueless Instantly!
Those Who Bought Land In Singapore For A Song During The War Years of 1942 – 1945 Became Immensely Rich. Those Who Secretly Hide Their Straits Settlement Currency Did Well. But Those Who Still Hold On To The Banana Notes Suddenly Become paupers! Though they have been warned, they did not pay attention.
Men Like Marc Faber & Jim Rogers are Converting Paper money to Gold. They foresee An Impending Worldwide Currency Turmoil Someday. But Gold Has No Yield Like Real Estate Which You Can Get Rental Income.
4) THE UNFORESEEN PANIC IN EUROPEAN & USA BANKING SYSTEM. Many Very Rich Chinese, Japanese, Singaporeans, Malaysians Are Investing In Properties In Europe & USA. Their Banks Have Toxic Derivatives Hidden By Fraudulent Accounting. In Cyprus, the Bank Accounts Are Suddenly Frozen & those Who Have More Than 100,000 Euro in their Account received a Hair Cut – a confiscation of 60%.
What If Someone Just Sold His House For Say, 120,000 euro & got it credited to his Account. He might want to transmit it back home to Singapore? What if he happened to bank in at the wrong bank at the wrong time; he might lose 60% of his wealth.
Remember,a precedent has been set and condoned by European governments & what happened to Cyprus can happen to UK, can happen to any other country especially the Eurozone & USA.
USA? During the 1929 – 1939 GREAT DEPRESSION IN USA ONE THOUSAND BANKS CAVED IN AND WENT BANKRUPT! The Bible says,”A PRUDENT MAN FORESEES THE EVIL AND HIDES HIMSELF, BUT THE SIMPLE PASS ON AND ARE PUNISHED (Prov.22:3)”
Allow me to quote from the book ONLY YESTERDAY By Frederick Lewis Allen, “Over a thousand banks caved in during 1930 as a result of the marking down both of real estate and of securities; and in December occurred the largest bank failure in American financial history, the fall of the ill-named Bank of the United States in New York.
Unemployment grew steadily until by the end of 1930 the number of jobless was figured at somewhere in the neighborhood of six million; apple salesmen stood on the street corner; executives and clerks and factory hands lay awake wondering when they, too, would be thrown off….. (pp 261 ONLY YESTERDAY By Historian F. W. Allen.”
5) MEDINI & ISKANDAR – OPEN DOOR FOR FOREIGN REAL ESTATE INVESTMENTS. CHINA, HK & S’PORE IMPLEMENT COOLING MEASURES TO PREVENT OUTSIZED PROPERTY BUBBLES. In Countries Like Thailand, Indonesia, Australia, Vietnam, Restrictions Prevent Foreigners To invest In Landed Property (Australia Only Allow Purchases In Uncompleted Property) With So Much Cash Seeking Refuge In Real Estate, there will be a stampede into Iskandar.
6) AN OASIS IN A DESERT OR A WARM FIRESIDE IN FREEZING WINTER? ISKANDAR IS A SHELTER IN THE TIME OF FINANCIAL STORM. MULTIPLE RECESSION PROOF INDUSTRIES LIKE PINEWOOD STUDIO (Hollywood Thrived During USA GREAT DEPRESSION), LEGOLAND, JPO, PENGERANG OIL & GAS & CHINA DRAGON MART & ETC. ETC.
7) ISKANDAR – LIFELINE FOR ALL SINGAPOREAN SMES & ALL SANDWICHED MIDDLE CLASS RESIDENTS & CITIZENS. With The Ever Increasing Millionaires & Billionaires Taking Up Precious Space In Singapore – The Sandwiched Singaporeans Will Continue To Pour Into Iskandar To Get Relief & Help For Dear Life!
COE at SS90,000? Expensive? Not For The Billionaire! Even if it’s S$1 Million COE they could still afford it. They have billion$ after all. What’s a million$ to them. You see when Demand Exceeds Supply Prices Will Skyrocket. With The Impending World-wide Panic Into Safe Havens Like Singapore – Any Price Is Worth Paying By The Rich & The Ultra Rich. The Overheating Of THE LITTLE RED DOT WILL SPILL OVER INTO ISKANDAR & KEEP THE REGION WARM IN THE COMING ECONOMIC WINTER.