The Big Read: Johor property market remains hot, but Singapore buyers have their work cut out in making the right investment

SINGAPORE: Living in her newly sold three-mattress room rental in Johor Bahru, Kylie Hung, 27, enjoys the total perks of home possession as a singleton sooner than hitting 30 – something she is unable to fetch encourage in Singapore.

And her work as a digital entrepreneur permits her to enjoy complete modify of her time, that manner she would now not enjoy to contend with the congestion at the Causeway all through top hours.

Ms Hung moved into her Country Backyard Danga Bay rental seven months ago, where she has fetch admission to to aspects equivalent to a pool, butler provider and a non-public seaside.

Ms Hung acknowledged she had wished to trail out of her folks’ home as she wished her comprise calm home, which she felt would help her better focal point at work.

But non-public property in Singapore was out of her attain, and he or she couldn’t buy a Housing and Vogue Board (HDB) flat as the minimum age eligibility for singles is 35.

“If I had been to rent a put in Singapore alone, the cash would disappear out of my pocket to something that I design no longer comprise,” she acknowledged.

“So I regarded at Johor Bahru properties and realizing that it made better sense for me to buy. My month-to-month mortgage would be all through the same sign as renting a room encourage home.”

Ms Hung took out a bank mortgage to finance her 1,237 sq ft homestead, which sign around RM700,000 (S$200,000). She currently pays about RM3,500 a month for the mortgage and upkeep fees.