Colliers recommends development of "retirement village" for senior citizens

[sgd]

so far I see malaysia only place in asia that allows foreigners to buy and own land but not sure if new restriction is in force. if so it means expect to down at least 1 million ringgit minimum for investment.

http://www.propertyguru.com.my/property-...es-an-8966

So if it is in force those who already own properties in malaysia < 500k whats going to happen? because they can't sell and nobody going to pay $1m to buy a property worth 500k.

big problem

[brattzz]

Peter Lim is in Iskandar NOT for retirement, BUT for YIELD!!!

He never needs to retire!! money never sleeps!!

Maybe he know something about ringgit that we don't as he is going to change a lot of his S$ to Ringgit.

Ringgit has been pegged to US$ b4 and if done in the near future, US$ rises, ringgit rises too! Uncle Lim will RICH RICH RICH all over again!