Archive for September 30th, 2010

MDB gearing up for expansion plans in real estate industry

PETALING JAYA: The Government’s strategic investment unit, 1Malaysia Development Bhd (1MDB) seems to be gearing up for involvement in the real estate industry judging by its large recruitment plan recently. 1MDB placed a two-page recruitment advertisement in The Star on Sept 25, mostly for senior positions within various units in the real estate team of [...]

Malaysia property market to ride on new wave of interest

CB RICHARD Ellis (Malaysia) Sdn Bhd (CBRE), a real estate services company, expects the number of property transactions in the country to improve this year, thanks to a new wave of interest from local and foreign institutional funds. Executive chairman Christopher Boyd said there is strong buying interest from Singaporean, Hong Kong, Korean and Arab [...]

I Don’t have Gold Bullion

For a start, I am not that rich to own gold bullion but I have GIA – gold investment account with Public Bank. It is just a small amount of gold for investment. The profit can only be realized 1 year later and not less than that, provided the price of gold has gone up. [...]

Australia commercial property deals on the rise

Australian commercial property transactions are climbing as the nation’s economic growth draws investors seeking income and capital growth, CB Richard Ellis Group Inc said. About A$2.6 billion (US$2.5 billion) of properties changed hands in the third quarter, 75 per cent more than a year earlier, the world’s largest commercial real-estate broker said in an e- [...]

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