Where to invest in Malaysia?

More and more foreigners are making Malaysia their new home as gloomy prospects and skyrocketing prices continue to dampen spirits in the West.

Malaysia is in its most radical transformation as it battles to achieve the Vision 2020 where the transformation is visible on the political front, the public sector as well as Malaysian business entities.

Other than well-developed infrastructure, Malaysia also provides an ideal mix of island escapes, bustling cities, including the benefit of being seamlessly connected to the rest of the continent and the world.

Dubbed one of the best in Asia, infrastructure in Malaysia is designed to serve the business community. With five international airports, telecommunications network served by digital and fibre optic technology, highways and seven international seaports make Malaysia an ideal springboard to the Asia-Pacific market.

Investors love a property that they can sell anytime. This is possible, if enough buyers are available in the market.

It takes a long time to create a stable appreciation. Many countries offer short term investment advantages. The Malaysian property market has been steadily climbing.

In the last 10 years, the growth has been slow, but steady. This still tells a story of a strong market. Last 10 years of the world economy saw volatile markets. Consistency in such times is an appreciated feature. Property investment Malaysia able to give you stability.

The only dips in appreciation have come after a sudden appreciation. We would be well advised to see them as corrections rather than property price slumps.

The Malaysian economy has not been as steady or stable as its property market. There is a contrast here. Malaysia is a small economy. It is also a trading center. These connections expose the economy of Malaysia to situations in the world.

Malaysian domestic growth has been relatively stable. This accounts for the stable property markets.

The Malaysian financial sector is regulated. Electronic banking is supported. Banks are capable and provide world class professional services. Most international banks have a branch at least in Kuala Lumpur.

Since renting a property may seem like wasting money, most expats are considering acquiring a property, knowing fully well that it provides a wise investment.

Among the country’s most popular areas are the Greater Kuala Lumpur, Selangor, Penang, Johor, Sabah, Melaka and Perak.

In Kuala Lumpur, buyers will find homes within the various neighbourhoods surrounding the capital besides provides all the comforts one would wish for.

Aside from offering good road connections to the rest of Malaysia and the region, Kuala Lumpur itself, its surrounding neighbourhoods – with hotspots being Mont Kiara, Bangsar and Sri Hartamas are perfect for those looking for a more community-focused lifestyle.

Compared to other areas, home prices in Kuala Lumpur are higher as hotspot areas continue to witness rapid change.

While in Selangor, buyers can find secluded houses with parks and views of lakes at some parts of Petaling Jaya. Selangor, famously known as the state’s most prosperous region for property also be the top choice of firms to make their headquarters there.

However, people living in Selangor will need more time spent on daily commute within the city centre.

Penang, the north region state in Malaysia offers island living within a city that is rich in culture and heritage.

Beside offering most of the country’s best foods, Penang will be heavily involved in the Northern Corridor Economic Region development plan that is targeted at raising the economic and social standards of the northern states.

For the past few years, numerous high-profile projects have already been lined up for Penang. Following this, house prices in Penang are very competitive and on the rise.

Johor, the Peninsular Malaysia’s third biggest state, extremely benefits from its proximity to Singapore and is set to become a commercial and residential hub to the Iskandar Development.

With a skyrocketing property prices, a three-bedroom condominium unit can go up to about RM2.3 million together feature facilities like 24-hour security, golf courses, restaurants and shops.

A very well known to tourists as a nature lovers’ paradise, Sabah is among the best retiring place, prompting developers to produce exotic properties to lure investors. Well-connected to Kuala Lumpur and the region through Kota Kinabalu International Airport, prices for a three-bedroom condo may rise to RM1.7 million for new developments.

As a UNESCO World Heritage Site, Melaka attracts millions of tourists due to its well-preserved architecture while become more frenzied as visitors flock the area on weekends.

Good news for property investors as property prices in Melaka are much lower compared to other capital, where a three-bedroom condominium unit costing around RM400,000.

If you want to enjoy the culinary and cultural treats, Ipoh could offered the best experience where a slower pace of life and colonial buildings provides visitors a glimpse of what Malaysia used to be.

Moreover, several modern developments are in progress within the area, providing property seekers a high-end option. Compare to Melaka, prices of a three-bedroom condominium unit usually start from RM300,000.

Source : http://www.propertyguru.com.my/property-news/2015/6/97133/where-to-invest-in-malaysia