Feng shui experts: Politics and global economy unstable in 2012
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 recovers 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.
MINGS was founded by Koh in 1998 and promotes awareness in the ancient art and science of environology, which is also known as geomancy or feng shui.
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