Why Invest In Malaysian Property?

Malaysia is discerning property purchasers worldwide. Below is a comprehensive list explaining why Malaysia is such a popular investment arena today.

There are many economic and political reasons why Malaysia offers so much promise as a strong emerging market today. Successful investment in property in Malaysia relies chiefly on the ever increasing tourism figures, as well as commercial and residential options within the capital city of Kuala Lumpur. Below you will find the main reasons why Malaysia affords a great investment climate for foreigner property purchasers today:

·British legal system, property laws and environment

·Freehold property ownership and security of title

·Active government incentives (Malaysia My Second Home Programme) encouraging foreign homebuyers to the country through offering 10 year entry permits

·Attractive, well-priced properties with strong rental demand

·Strong capital growth of between 15 and 30%

·Effective Land Registry and transparency in property transactions

·Tax advantages: remittances of income from overseas are TAX FREE

·No requirement, as in neighbouring countries, for a company or local "partners” to buy property

·Capital gains on real property are 5% after 5 years

·Strong demand for resale properties from locals moving to the cities

·Also a high demand for quality new real estate is high from an affluent expatriate market.

·Among the top three countries for the greatest number of tourist arrivals among the 53 Commonwealth countries, according to the World Tourism Organisation.

·Tourist arrivals in Malaysia rose by more than 160% between 2000 and 2005 - an astonishing achievement for tourism.

·Chinese investors already active in the market and this is expected to grow

·Good, modern communications and infrastructure country-wide

·Through its Ninth Plan, the government of Malaysia aims to further improve the infrastructure and general economic development of the country. Analysts believe this will have a positive impact on the Malaysian real estate market.

·The value of the local currency, the ringgit, is far below the euro, dollar and pound sterling, allowing foreign investors to buy a lot more for their money in Malaysia.

·High quality development properties in prime areas are now available

·Strategic location - close to Australia, Bali and Singapore

·English language widely spoken and all property sale agreements in English

·English language newspapers, radio and television available everywhere

·Wonderful climate and food. Superb golf and other sports facilities.

·Extensive white sandy beaches continue to draw holidaymakers.

·Warm, friendly people and peaceful pro-British environment