Re: Investing in Nusajaya
just a correction, UEM bought over Sunrise. Sunway is another big conglo in which Singapore's GIC has a share. But last I heard GIC sold its share. GIC brought it back from 1997 crisis as it was almost bankrupted. It owns sunway college, sunway lagoon, sunway pyramid, sunway golf and country club, also was in the lime light recently as it almost merged with Suncity another developer.
There is Sunway Development in Malaysia, a top quality developer whom was bought over by UEM recently. Any development is bound to have defects and I was believe in luck, whether you are lucky to have a good unit or not. Just like a brand new car, even Mercedes have its flaws too.
just a correction, UEM bought over Sunrise. Sunway is another big conglo in which Singapore's GIC has a share. But last I heard GIC sold its share. GIC brought it back from 1997 crisis as it was almost bankrupted. It owns sunway college, sunway lagoon, sunway pyramid, sunway golf and country club, also was in the lime light recently as it almost merged with Suncity another developer.