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NEWS UPDATES Asean Affairs                       29  August 2011

KL attracts Singapore investors

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Sky-high prices and tighter financing rules are sending increasing numbers of Singaporeans across the Causeway to snap up property.

Malaysia's relative affordability and proximity are proving to be a powerful lure for investors deterred by rocketing values in Singapore.

Private home prices surged 17.6 per cent in Singapore last year, prompting the Government to toughen up financing rules, including for existing home owners buying another property.

Mr. Tim Murphy, managing director of international property investment company IP Global, said Kuala Lumpur is becoming a prime investment location in Asia with its stable property market and relatively low prices.


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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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