Wednesday 19 June 2013

Population Growth of Iskandar Malaysia

Based on IRDA and CIMB Research, the population of Iskandar Malaysia will reach 3 millions by 2025.



Year 2010 2015 2020 2025
IM Projected Population (mil) 1.60 2.07 2.53 3.00
Average growth (yearly) 93,333
Average member per household  4
Estimated house unit required (yearly) 23,333
Average unit per condo / apartment Project 500
Estimated Condo Projects required (yearly) 47


Based on the rough estimation above, IM needs to build approximate 23,000 house units yearly to fulfill the population growth.

If we translate the number of house unit into the number of condo / apartment to be built, it will be about 47 condo projects are required at yearly basis, assuming each condo project consist 500 units averagely.

Of course, there are a lot of other factors need to be taken into account to forecast the actual demand of house units in IM. At least the estimation above provide you a rough idea of the property demand / supply in IM, so that you may be able to see deeper of the aspects and prospects of IM.

In short terms, the population growth may not be a linear trend as assumed by the population projection, it is expected to be lower than the projected growth, considering IM will have about 100 condo projects being completed in coming years, some areas we may observe oversupply cases.

In long run, the population is expected to catch up with the projected growth, considering growths contributed from tourism, migrations, investments, job creations (for local and foreigners), increase of daily travelers (those who work in Singapore but choose to stay at IM). Subsequently, the demand of house unit will increase significantly in long terms, if the population is able to catch up.












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  5. saya ibu irma seorang TKI DI SINGAPURA
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  6. Hello Everybody,
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  7. Sekian lama saya bermain togel baru kali ini saya
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  9. Assalamu alaikum…wr.wb... saya ingin berbagi cerita kepada teman-teman yang pecinta togel,bahwa dulunya saya TKI di singapura yang terlantar buat makan aja sangat susah,dan alhamdulillah setelah saya hubungi AKI SUNDOSO saya bisa pulang kampung dan memulai hidup yang baru,ini semua berkat bantuan AKI SUNDOSO.karna angka ritual yang di berikan beliau saya bisa menang togel yang 4D singapura yaitu (7978) saya menang 297.juta syukur alhamdulillah kini sekarang saya sudah buka usaha sendiri,saya ucapkan banyak terima kasih kepada AKI SUNDOSO..tampah bantua dari AKI saya tidak bisa seperti sekarang,bagi teman-teman di indo maupun yang terlantar di luar negri mau mengubah nasib seperti saya silahkan HUBUNGI AKI SUNDOSO di NO: {-082-347-539-177-} karna AKI SUNDOSO dengan senang hati membantu memperbaiki nasib anda,sebab angka ritual di berikan AKI SUNDOSO di Jamin terbukti 100% akan keluar,atau silahkan buktikan sendiri karna kesempatan tidak akan datang kedua kali…terima kasih banyak AKI WASSALAM

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    5. Repayment Period:………..
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