PETALING JAYA: The Johor Baru-Singapore Rapid Transit System (RTS) Link is set to transform cross-border flows, with Johor’s retail, food and beverage (F&B) and hospitality sectors poised to become the next growth engines beyond residential property.
Hong Leong Investment Bank Research (HLIB Research) said established malls and hotels stand to benefit from stronger footfall and potential rental re-rating, while Johor-centric consumer names such as Oriental Kopi Holdings Bhd
and Focus Point Holdings Bhd offer direct leverage to rising cross-border spending power.
“The Johor–Singapore RTS has already boosted residential values near Bukit Chagar, but the next growth wave will come from retail, F&B and hospitality once daily cross-border traffic becomes a reality,” HLIB Research told clients in a report on the property sector.
...