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The time to invest is now

The time to invest is now

“BE fearful when others are greedy and greedy when others are fearful,” is a famous quote by billionaire investor Warren Buffett (pic) made more than three decades ago. This quote is relevant now. Some investors fear the impact of the 40-year record high inflation which is driving up prices of goods and services, and in...

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Inflationary consequences

Inflationary consequences

SARAVANAN, a minimum wage worker, complains about how he has to pay almost RM10 more for five kg of cooking oil in a span of just two years. “The price of vegetables, poultry products and processed items have all increased significantly. The only thing that doesn’t increase as much is my salary. “I’m not the...

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You can now buy a home as an NFT

You can now buy a home as an NFT

PARIS: Real-world real estate in NFT form? That’s right, forget the craze for buying virtual real estate in the metaverse, now it is the purchase of bricks-and-mortar properties through non-fungible tokens that is starting to emerge. In February, a house in Florida was sold via NFT at auction for $653,000. And this is just the...

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Sunsuria purchases agricultural land in Ijok for RM74.17mil to expand

Sunsuria purchases agricultural land in Ijok for RM74.17mil to expand

Sunsuria Bhd is paying RM74.17 million for a parcel of leasehold agricultural land in Ijok, Kuala Selangor, to expand its property development and property investment businesses. According to a filing with the Bursa Malaysia last Friday, the proposed acquisition represents an opportunity for the company to accumulate strategic industrial land. The developer has proposed purchasing...

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Industrial land demand on uptrend

Industrial land demand on uptrend

GEORGE TOWN: The Penang Development Corp (PDC) will develop between 100 and 150 acres of industrial land annually in Batu Kawan over the next three years. According to special adviser to Penang Chief Minister Datuk Seri Lee Kah Choon (pic), the demand for industrial land in Penang is strong. “Due to the pandemic, electronic raw...

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Negeri Sembilan – Making a comeback in 2022

Negeri Sembilan – Making a comeback in 2022

Negeri Sembilan’s property market registered a slight drop of 2.9 per cent in the volume of transactions in the first nine months of 2021 compared to the same period in 2020. The value of transactions however rose by 19.4 per cent, bringing in a total of RM4 billion from RM3.4 billion in the corresponding period...

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Hong Kong Office Market Enjoys Stronger User Demand

Hong Kong Office Market Enjoys Stronger User Demand

According to JLL’s latest Hong Kong Property Market Monitor Report, overall Grade A office leasing activity recorded net absorption of 647,100 square feet in January 2022, just before the pandemic took a turn for the worse. Hong Kong’s office market recorded positive net absorption for the fourth consecutive month, thanks to improving occupier demand and...

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