Feng shui experts: Politics and global economy unstable in 2012 By JOSEPH KAOS Jr
KUALA LUMPUR: The Dragon year of 2012 will prove to be a volatile year for the global economy, but Malaysia will be spared the worse aspects of it, Malaysian
environology experts predicted.
Master David Koh (pic), a renowned feng shui master and founder of the Malaysian Institute of Geomancy Sciences (MINGS), predicted that 2012 will be a tough year for Malaysian politicians from either side of the divide, as they face an imminent general election.
“We also predict the
eventual winners will only win marginally,†he told a press conference during the MINGS 2012 outlook talk here yesterday.
Koh said the
global economy will be volatile because of the poor economic performance of the
United States and also the Euro currency.
“This will affect Southeast Asia, but Malaysia will be the more stable country among the others,†said the 65-year-old, who studied geomancy since the age of five.
He noted that Malaysia was still able to experience growth despite the global recession this year.
“However,
2012 will still be an improved year than 2011 globally, as it slowly reÂÂcovers from the recession,†he added.
Koh also said investors need to be
more wary when putting their money in property in 2012.MINGS president Joe Choo said forecast showed that properties located
in the east and southeast will be the best to invest in.
“Property sector in
East Malaysia, especially Sabah, is booming.
In the Klang Valley, areas like
Semenyih, Kajang and Seri Kembangan will see good returns,†he said, adding that there will
not likely be a burst in the property bubble in 2012.
“Property prices will
not see much increase in the high-end sector.
“The
best growth will be in mid-range properties,†he said.
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