Impact of the RTS on Properties on Both Sides of the Causeway!

Impact of the RTS on Properties on Both Sides of the Causeway!
We are going to talk about the impact of the Rapid Transit System or RTS on properties on both sides of the causeway. There are so many benefits the RTS can bring to both the people and the economy. However, there is also a cause of concern for me. How will this impact the rental and sales property market? How will impact employability in Singapore?
Alan Wee
CEA Reg No. R024730A
wa.me/[phone]
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
/ @alanweeproperty
FB: AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.
Past Videos:
Singaporean Buying Malaysia Property - What You Should Know First!:
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Johor Bharu Property - Can Buy or Bye Bye? - From A Singaporean Perspective
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References:
www.iproperty....
www.99.co/sing...
www.motomalays...
www.jobstreet....
dementia.org.sg/
www.todayonlin...
/ wekeepyourworldmoving
www.channelnew...
www.iproperty....
www.ica.gov.sg...
www.channelnew...
/ sgministryofmanpower
www.myskillsfu...

[@kennyfrancis6882]

Danga Bay huat ah!!!

[@srituah]

Very good content Salam Ramadan.

[@alanweeproperty]

Thank you! You too!

[@GavinWongSG]

We should aim to keep money in the Singapore economy. Instead of seeking cheap thrills in Malaysia.

[@alanweeproperty]

We wish too...but cost of living too high. Human always seeker cheaper alternative. That norm..

[@hummit]

Daily commuters across Causeway is as many as 300,000. RTS can handle 10,000 per hour. It will take 30hrs to clear 300k. There are only 24 hrs a day. I seriously doubt that Malaysians staying in JB but working in Singapore can ensure that they can arrive at work on time. RTS is for those on flexi time. Even if you say 1/4 of 300k will wait for train in morning peak hour, that is 75k. How to jostle with 75k people and wait potentially 7hrs for the ride. I doubt that the train station can accomodate that many as you need crowd control to prevent stampede everyday. I would say after a week of trying out RTS, most will give up and still find rental in SG or be prepared to be fired for being late at work everyday.

[@alanweeproperty]

great maths! but not all 300k will go via RTS. Most will still prefer to ride.

[@RelaxingMusic-wp8rm]

​@@alanweeproperty when RTS open, maybe more might come over? 😅

[@Victor-gu4bk]

Rts only can carry 10k passengers per hour even during peak hours so will still jam

[@alanweeproperty]

agreed. but it will lift up some pressure in the congestion. not all will take RTS. but better than nothing.

[@steventay5834]

RTS has limited impact on rent.

[@douglasang3527]

RTS only good for Malaysian more ! 😅

[@alanweeproperty]

Both sides win. Aunty n uncle love it. Ikea bags big win!

[@kjhui4283]

"Anyway Malaysians dont form a significant portion of tenants living in singaapore." >>>For your info bro, out of the 1.77m foreigners living here in Singapore, over more than a million are Malaysians, they pretty form abt 60% of the foreign tenant market here. When the RTS starts and all move back, you will definitely see the impact! God bless to all yayapapaya landlords.

[@alanweeproperty]

Most don't stay here...the daily jam is an indication...I am on the ground I know...

[@kjhui4283]

@@alanweeproperty only abt 300K -350K malaysians travel in and out of Singapore everyday, roughly 1/3. Your talking based on ground feel, i'm talking based on data.

[@alanweeproperty]

@@kjhui4283 appreciate if u can share the sources. I would love to look into them.

[@maywang2472]

So,how many unit you buy?

[@alanweeproperty]

I only buy bi-weekly groceries.

[@maywang2472]

@@alanweeproperty 😅🤣🤣🤣

[@chinchowpowpook]

Woodland Sembanwang Admiralty Pty rental will drop,,Malaysians will go back rent in JB..and 7 years later north Pty price will drop further..loose local investors..

[@alanweeproperty]

Curious why 7 years later?

[@chinchowpowpook]

@@alanweeproperty because now most owner will not lower price..rent can still cover with cpf..till they will consider hot sell when they have high vacancy rates in 3-4 years time..most Malaysians I know already planning to buy or even to rent in JB again..not because of rts..but they got enough savings after worked here long time..they will buy a Malaysian car.

[@steventay5834]

Rent is only one factor affecting property prices. Singapore government is building more infrastructure, e.g. NS express way. I don't think property prices will drop lah

[@tnylau]

Your are not selling property but selling pap Government policies to cheat all Singaporeans

[@alanweeproperty]

How I wish I will be paid for selling govt policies...