Puteri Harbour
Critical factors that will influence future price and demand for properties in Puteri Harbour are:
- Ferry connectivity with Singapore Harbourfront.
- Waterway as an alternative mode of transport that links with JB CIQ, Danga Bay and Tuas Link.
Puteri Harbour Forecast
- Puteri Harbour has not leveraged its most prized asset and an immigration checkpoint – The international ferry terminal.
- It was intended to connect directly to Singapore Harbourfront, bypassing the infamous traffic congestion around the Tuas link.
- The Singapore Harbourfront landing point is home to its financial district with some of the highest real estate prices in Singapore.
- The reason for the delay of this service is similar to the delay of all proposed transport links to Singapore – RTS, HSR and Waterway taxi.
- The Malaysian authority’ decision-making processes tend to be “whether the ticket price will cover the operating cost”.
- This way of thinking misses out the bigger picture: efficient connectivity with Singapore will spur consumerism and GDP in the form of tourism, spanning a host of industries from F&B, local transport operators, accommodation right through to real estate.
- The multiplier effect is enormous, given the strength of the SGD, and Puteri Harbour boasts everything that Singaporeans desire, including free fresh air.
- Puteri Harbour’s growth and, to a large extent, the rest of Iskandar Malaysia, is hindered by a lack of efficient connectivity with Singapore.
We are constantly updating this area’s DEMAND and SUPPLY, location review in HOTSPOT and future PRICES in our FORECAST section.