The Malaysian vs overseas investment dilemma

ACCORDING to the recently released Global Competitiveness Report 2014-2015 published by the World Economic Forum (WEF), Malaysia attained 20th placing out of 144 countries. It is also the first developing country to find its way to the top 20 ranking. This achievement even surpasses several advanced economies such as France, Australia, South Korea and my …

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GST will not affect PR1MA prices

SUNGAI PETANI: The soon-to-be-implemented Goods and Services Tax (GST) will not affect the prices of houses under the 1Malaysia People’s Housing (PR1MA) programme, said PR1MA Corporation chairman Tan Sri Dr Jamaludin Jarjis. Jamaludin said, on the contrary, the corporation guaranteed that PR1MA houses would be 20 percent lower than market prices. “We do not want to sell the houses …

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Public services segment crucial in making Kuala Lumpur a sustainable city

KUALA LUMPUR: Healthcare, public transport and education capacity are the major issues in turning Kuala Lumpur into a sustainable city as the population is expected to increase more than 60% to 10 million in 2030, according to Amsterdam-based global natural and built asset design and consultancy firm Arcadis. Malaysia should figure how to grow the …

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Penang property seen slowing down due to high prices

PETALING JAYA: Escalating prices of landed residential properties in Penang could see transactions slowing down in 2015. According to Real Estate and Housing Developers Association Penang (Rehda) chairman Datuk Jerry Chan, prices of landed residential properties have been rising over the past few years. “We don’t see highly motivated sellers yet. Land prices have been …

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