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Thursday, September 22, 2011

Malaysia housing demand to soften: TA Global

TA Global Bhd, a Malaysian property and hotel group, said domestic housing demand is expected to “soften” this financial year and global volatility may hurt revenue growth at its hotel operations.

The company is confident of sales at its ongoing domestic projects as the current low interest rate environment is expected to spur sales, it said in a statement yesterday.

By Bloomberg

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