The Malaysian ringgit fell to a record low against the Singapore dollar this month, with the currency reaching as low as RM3.14 to S$1 on January 18. There’s absolutely no better time to cross the causeway and open your wallet. But before you go on a spending spree, check out these great deals that are bound to let you get the best bang for your buck!
Malaysia just keeps building – and the bargains just keep coming. Amidst the weakening ringgit, the property boom in Malaysia is attracting foreign investors, who are flying in by the planeload to snap up new projects in the ever developing Iskandar Malaysia zone in Johor Bahru. But the sheer variety of investment opportunities available means it’s easy to be confused. Luckily, it’s just as easy to fatten your bank account once you identify the profitable properties.
Indulging in the ‘King of Fruits’ is undoubtedly one of Singaporeans’ favourite pastimes. With most of Singapore’s durian supply coming in from Malaysia, it makes more sense to journey across the causeway to satisfy your craving instead of buying the fruits here at decidedly marked-up prices. At current exchange rates, you can buy at least at least two top-grade durians in Malaysia for the price of one in Singapore.
Groceries, Clothes & Anything In Between
It’s not uncommon to see Singaporeans flock to the other side on weekends and make it back with hands full of plastic bags. With several malls all within short reach of the checkpoint whether you enter Malaysia through Woodlands or Tuas, it’s hard to resist. Looking for even better deals? Don’t miss ‘RM2 One Stop’, where everything goes for RM2 (or S$0.65). If that’s not a good deal, we don’t know what is!
Unlike many food stalls in Singapore, which have outsourced the production of ingredients, most stalls in Malaysia are still preparing food the traditional way and selling them at wallet-friendly prices. This means getting fresh, tasty handmade noodles and other items without the shock of a hefty receipt. Malaysia also charges a lower goods and services tax of 6%, making dining options everywhere in the country that much more affordable.
With over half of all the holidays in Singapore this year falling on either Friday or Monday, 2017 is the perfect year to string a few quick getaways without needing to take any leave. So what better way to spend the holidays than to hop across to the many resorts in Malaysia? Tip: follow airlines’ social media pages, where flash deals are routinely offered.