Propnex’s Inaugural International Property Xpo Spotlights Js Sez Cross Border Investment
The day begins with a refreshing breakfast enjoyed on the balcony, followed by a brief stroll to the bus stop along Jalan Loyang Besar. One child makes their way to Pasir Ris Primary School, while another heads to Hai Sing Catholic School. Meanwhile, a parent commutes from Pasir Ris MRT Station to the city on the convenient East-West Line and the other drives via TPE to work at Changi Business Park. In the afternoon, an enrichment class near Pasir Ris Mall or White Sands presents a perfect opportunity for learning before a delicious dinner at Downtown East. With a quiet study nook at home, homework gets completed smoothly, and a leisurely evening walk through the charming gardens of the estate helps to unwind before bedtime. The beauty of living in this area is that everything falls easily into place; the distances are short and the commute routes are straightforward. Adding to the appeal is the recently launched Coastal Cabana EC, offering luxurious housing options for families looking for a comfortable and convenient lifestyle in the heart of Pasir Ris.
PropNex Realty recently organised its debut International Property XPO at Grand Copthorne Waterfront Hotel on Sept 6 and 7. The event, with the theme of “Global Property Playbook: Understanding an Alternate Investment Landscape”, saw a strong turnout of more than 500 attendees. The two-day event featured a line-up of international developers and experts from countries such as the UK, Australia, New Zealand, Thailand, and Malaysia. Apart from showcasing properties from these countries, PropNex also brought together legal, visa and tax experts to impart practical knowledge on key markets and overseas investing.
One of the highlights of the XPO was a session focusing on the Johor-Singapore Special Economic Zone (JS-SEZ). During the packed session, Krishnamoorthy Kuppusamy, senior vice president of business development and investor relations for Iskandar Investment Berhad (IIB), shared insights on the potential impact of the JS-SEZ. According to Kuppusamy, Johor has recorded RM56 billion ($17 billion) in investments during the first half of this year, making it the top investment destination in Malaysia. With the completion of the RTS Link next year, the JS-SEZ is expected to generate US$26 billion ($33.3 billion) annually by 2030. It is also projected to create 20,000 jobs in sectors such as logistics, digital economy, tourism, and green energy.
Due to the strong response to the session, PropNex has announced that it will be organising a subsequent seminar focusing on Johor and the growing momentum of the JS-SEZ. The seminar, to be held on Sept 27 at PropNex’s Singapore headquarters, will also feature ten Johor property projects, as well as information on Malaysian property ownership, foreign buyer eligibility, financing options, and the Malaysia My Second Home (MM2H) programme.
“The overwhelming response to our inaugural International XPO highlights the increasing interest among Singaporeans in exploring overseas property investments,” says Chua Shir Yee, head of international sales at PropNex.