Archive for May, 2012
If you dont know what to do, do what the smart money does !
Pay notice to those smart money buying and selling. It is worthwhile to see the trend.
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For email@example.com of Kaohsiung, Taiwan
Mah Sing expects more foreign buyers
Mah Sing Group Bhd expects more foreign buyers for its properties, and the driver will be the new 21 projects announced recently, with committed investment of RM20.46 billion. “These projects will attract more foreigners to invest in Malaysia’s real estate sector. By having the right products in good locations, we will be able to attract them,” said Mah Sing group managing director cum group CEO, Tan Sri Leong Hoy Kum. Leong said despite the gloomy global economic picture, Mah Sing experienced strong take-up from foreign property buyers in the last two years, increasing from five per cent to around 10 per cent. Leong said Mah Sing is setting up offices in Jakarta, the UK and Singapore to woo foreign buyers here. It already has an operating office in China to do that. On the property market outlook, Leong expects robustness in selected segments. Leong expects stronger
demand for properties, especially in gated and guarded schemes, priced above RM1 million, in Greater Kuala Lumpur.