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Malaysian Property Developer looks at Singapore as a way to invest in a global market -itsReal
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1-25-2008 6:42 PM
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property developer
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singapore
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malaysia
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global market
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bdf6b63f-2596-4654-9803-d3994ea20324/A738DFF2-3140-4BE0-B106-9527A3F2FA42/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_a9d96d85-cb73c03a-10ebe180-da13e01d" href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_a9d96d85-cb73c03a-10ebe180-da13e01d" style="font-size: 11px;">www.theedgedaily.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_a9d96d85-cb73c03a-10ebe180-da13e01d"><P><FONT face="arial, helvetica, sans-serif">KUALA LUMPUR: Malaysian property developers are scrambling for a slice of the Singaporean real estate pie to maximise global exposure albeit near home, when geographical diversification is deemed crucial for home-grown firms to sustain long-term earnings.</FONT> </P><P><FONT face="arial, helvetica, sans-serif">The fact that Singapore, being a global financial centre where scores of expatriates call home, and its proximity to Malaysia, makes the island nation an ideal choice for Malaysian firms wishing to tap a readily available pool of international buyers at minimal cost, according to real estate experts. </FONT> </P><P><FONT face="arial, helvetica, sans-serif"></FONT></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_a9d96d85-cb73c03a-10ebe180-da13e01d">“It is very close by, and it is very natural for us to go to Singapore which is a global market,” said SDB managing director Teh Lip Kim.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A738DFF2-3140-4BE0-B106-9527A3F2FA42/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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