HONG Kong-based hotelier and property tycoon Tan Sri David Chiu is bullish on Malaysia's property market, saying there is plenty of room for residential property prices to move upwards. He was speaking after the launch of The Regalia, a three-block 38-storey luxury serviced apartment located off Jalan Kuching, behind The Mall in Kuala Lumpur. Chiu expects the salary scale in Malaysia to rise further as more foreign companies set up office in the country.
(11-1-2008 New Straits Times)
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