Second-home purchases to increase in near future

The concept of lifestyle purchases, or buying second homes, is gradually becoming more popular in Asia, and is expected to dramatically increase over the next five years, according to Knight Frank. The property consultancy firm noted that the long-term prospects for capital appreciation may be positive if supply is constrained due to a sustained economic …

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Malaysia world’s sixth most attractive investment destination

Malaysia clinched the sixth spot in this year’s Baseline Profitability Index (BPI), up five notches from last year’s 11th place. Published by the Foreign Policy Magazine, the BPI is a ranking of destinations of attractiveness for foreign investors. Among the Asean countries, only Singapore and Malaysia were listed in the top 10. Indonesia took on …

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