KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
We all know the importance of owning properties and how the Malaysian government tried to set certain rules and regulations to prevent an overpriced of the properties in the country. Well, here's the news for those of you who do not know....the new trend: a growing number of individuals and groups organizing bulk purchases of properties from developers. Bulk buying is basically an activity that allows few or many property investors to invest in a single development as a group. Most of the time when in bulk purchase, there will be additional benefits that won't be available should these individuals invest individually. GROUP PURCHASE OF PROPERTY Whether it's a good strategy or not, it's up to your preference but here are some of the pros and cons in group purchase of property... The Pros: Normally, when you buy in bulk, you will be given discounts and additional benefits...a simple logic deduction: A lot of developers love and encourage group ...