THE Singapore Stock Exchange reportedly is seeking real estate investment trust listings for products that could include commercial and major residential projects in Malaysian.
The burgeoning Singapore REIT market has grown to a value of $A16 billion in recent years.
Head of Asian real estate research at UBS, Alastair Gillespie, told the Strait Times that the “liquidity” within
“It could quite quickly begin to attract REITS where the underlying assets are based in
The buoyant Malaysian economy is expected to continue having a positive impact on the country’s property market.
Executive chairman of Regroup Associates, Christopher Boyd believes
Importantly, the Malaysian government recently removed capital gains tax earlier in the year, a move which could attract a greater number of foreign property investors.
Australian Property Journal
