Expatriates in Singapore buying Johor homes

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http://www.straitstimes.com/breaking-news/singapore/story/expatriates-singapore-buying-johor-homes-20120930

Some expatriates working in Singapore have moved to live in Johor's Nusajaya area, attracted by lower prices of homes and the extra space there.

They have bought houses to live in and commute to work in Singapore. Many plan to continue working in Singapore for the long haul, but say they moved because their housing allowances were reduced or cut altogether.

Developers and property agents said expatriates began moving to Johor from about five years ago, but the completion of houses and recent opening of international schools in the Iskandar Educity project has raised interest markedly.

UEM Land, the major developer in the area for projects including East Ledang and Horizon Hills, said about half of the buyers for its properties are foreigners, including Singaporeans.