Invest in property, you can’t go wrong
Invest in property, you can’t go wrong Have you read The Star Online report titled “World's costliest plot of land sold in Hong Kong for RM13bil”? It was a multi-storey car park that was sold by the Hong Kong government for RM27,776 per sq ft! “Ridiculous price isn’t it? But that’s reality,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said. He said in areas and states where land was scarce, “it is only natural that property prices will shoot up like nobody’s business”. “The same will happen, over time, in Penang, the Klang Valley and Johor. So, stop complaining and whining because that is the reality in a Laissez-faire world of supply and demand,” he added. Syed Razak said the rakyat (people) should hold on to their “precious properties” for long-term financial gains, at least for their children or generations. “Don’t start getting greedy and get cheated by all sorts of money games and multi-level financial or business schemes. If you have spare ca...