MSWG Weekly Newsletter 21 June 2024 (English)

Friday, 21 June, 2024

Property Market Boom: Caution Amid JS-SEZ and Data Centre Frenzy

The remarkable ascent in the property index and share prices of property counters are attributed to the announcement of the Johor-Singapore Special Economic Zone (JS-SEZ) and, subsequently, burgeoning interest from tech and data centre players in Johor.

Amid this optimism, investors must balance their enthusiasm with prudence. One must exercise caution in this current bullish property stock sentiment.