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Malaysia

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Why Invest In Property In Malaysia

Malaysia is very much a country on the constant up – one of the most established and strongest economies in South East Asia and a country very much looking to a future of prosperity through many means, not least of which tourism and foreign investment. The country offers a fantastic mix of old and new and it is certainly a country that is becoming hard to ignore on the international stage thanks to its inimitable qualities as a country.

Kuala Lumpur is a massive city – one of the biggest in the region – and is at complete odds with what one would probably expect from a country in South East Asia. Modern (almost futuristic), thriving and always growing, property in the city is naturally more expensive than most other areas in Malaysia and whilst prices aren’t shockingly high, the potential off plan investor looking for a bargain would probably be best suited looking elsewhere – having said that, prices can be as low as £50,000 for a city apartment, but the constant growth of the market is seeing less and less low prices available. Nevertheless, those with coin in purse and the need to live in a bustling, contemporary Asian culture could do a lot worse than Kuala Lumpur, the figurehead of modern South Eastern Asia.

Elsewhere in the country are some incredible locales to look at for potential off plan buyers. The island of Penang and it’s colonial majesty, anywhere on Malaysia’s beautiful coastline and not forgetting Sabah and Sarawak on Eastern Malaysia – the prices through the country are not as low as in other, more developing regions, but range from around £40,000 to £150,000 for condominiums, up to £200,000 plus for two storey houses. These prices are by no means ridiculously expensive, but again they aren’t huge bargains. Needless to say though, Malaysia is a country of outstanding natural beauty and has something to offer anyone who visits or stays for extended periods, and the country is growing with every passing day, meaning prices are sure to rise in coming years.

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