Sunday, May 17, 2009
Money Talks
A Harvey Nichols luxury store opened in Jakarta recently after the owners looked carefully at the spread of wealth between Indonesia, Malaysia and Singapore. Official statistics showed there are at least 3,500 wealthy households here, which translates into a goodly amount of potential buyers. So what do they mean by 'wealthy households'? Millionaires? Think again; each household is worth at least US$100 million. I also read somewhere that the new Indonesian 'middle class' is roughly equivalent to the entire population of Australia. Now that's the sort of market you want to tap into.....
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Hi,
regarding the bungalow at Cameron Highlands, it's actually owned by the company my dad's working with (Talam Cooperation I think) so we can get it for cheaper because he's an employee. However public are also welcome to rent (I think!) about rm300 a night I heard?
There's another bungalow beside ours called Moonlight. I think that one is under CIMB bank, or it may be for the public.
So sorry for being so vague. :)
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