However, there is always a good place to invest if you look for it. Then, you have to readjust your strategy to fit your requirement. There are still a huge potential in IRDA: more entertainment centers being launch and to be developed in IRDA, Pengerang Oil and Gas hub go on as planned. 1st tanker to dock at Pengerang has been reported. Potential workforce growth is getting stronger in IRDA and Pengerang RAPID as reported in
Bright outlook for oil and gas in Pengerang
"The number of job vacancies in the state was increasing yearly, with 129,921 positions offered last year compared to 128,721 positions in 2013 and 105,993 in 2012, he said.
“In the next five years, we will be creating another 100,000 jobs, with half of them coming from the oil and gas sector.""
You should read until the end of the article:
"Vidyanathan added that with the rapid development and investments coming into the state, Johor was expected to overtake Selangor and Penang soon."
Think of the growth rate. It is bigger than the Selangor and Penang economy size. Thus, there are huge potential in the southern state.
But, we must always cautious in our investment. Although a report mention condo and apartment market is sustainable in Johor Bahru, I would prefer the safer market segment which is landed property. And among the landed property, I would focus on gated guarded houses and shop lots. There are good reasons for my choices.
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