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Malaysian property firm bullish about poll results

Malaysian property developer SP Setia’s chief executive expects a shakeup in the country’s politics to deal a blow to government cronies and help his company to double profit.

“I think it’s very good for us. For any company that’s open and transparent it will be very good. If you are a crony and depend on handouts you’re going to suffer,” Chief Executive Liew Kee Sin said in the most outspoken comments by a business leader since the ruling coalition’s March 8 election debacle.

“If you’re not dependent on the government to feed you things, I think you will do much better now than before.”

The election result prompted sweeping changes to the cabinet of Prime Minister Abdullah Ahmad Badawi and some big policy changes have already been signalled, including reforms to the judiciary and a review of Malaysia’s murky system of subsidies.

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Investing in real estate properties

Out there the world of real estate investing is a very imaginative world. Your success in real estate investing revolves around their creativity and productivity. You must ensure that you are able to reassess your strategies for new ideas in order to make a profit. One may claim that real estate investments are able to make millionaires overnight, but this certainly not likely. We all love to dream that we can strike gold when we are young. I will not say however that it is not possible with real estate, just that it all depends on how hard you are prepared to work and give in this field. Many of the gurus here say the exact same thing as I say to you know. You are looking at a tough road for about ten years to live modest and prudent investing. If you do that, you will be successful in real estate investing.

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