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UPDATE: PRG eyes Myanmar, Philippines

PRG managing director Datuk Lua Choon Hann said it is now a good time to enter Myanmar and the Philippines as demand for affordable housing and infrastructure in these countries is strong.

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Investors favour real estate, private equity and hedge funds

The real estate sector may deliver better returns than bonds, but investors should be patient and selective when looking at new property allocations, according to the Global Alternatives Survey 2016, published by Willis Towers Watson, a leading global advisory and broking and solutions company headquartered in London.

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PRG in Selangor housing project JV

PRG said its wholly-owned subsidiary, Premier Gesture Sdn Bhd, signed the development JV agreement with Baycity for the project on a leasehold 2.6ha (6.48 acre) tract. Baycity owns the land.

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