Indonesian Political, Business & Finance News

S'poreans snap up plots in Malaysia

S'poreans snap up plots in Malaysia

SINGAPORE (AFP): Singaporeans are snapping up burial plots at
an upmarket cemetery in a neighboring Malaysian province, some
looking at it a property investment rather than as a final
resting place.

Some 146 residents of the land-short city-state have already
purchased lots at the sprawling Perpetual Memorial Park, located
about 30 minutes' drive from the border in Johore, said an agent
here for the developers.

Some 2,200 plots are to be set aside for Christians and
another 2,200 for Buddhists and Taoists on the completion of the
computerized park set amid rubber plantations.

Buyers pay about 7,900 Malaysian ringgit (US$3,160) for a
single plot. Family plots that can fit 10 people cost upto
150,000 ringgit and mausoleums upto 250,000 ringgit.

View JSON | Print