Homebuyers in Malaysia

Homebuyers in Malaysia
Traditionally overseas homebuyers in Malaysia have originated from the US, China and Japan. Today, however, as competition amongst other emerging property markets gathers steam, Malaysia is making sure it does not miss the boat and today actively encourages all forms of foreign investment to its shores.

As a result of a successful growth in economy and a competitive foreign exchange status, Malaysia attracts an exciting new influx of foreign investment in industry and real estate. Residential and holiday home purchasers are confidently buying into the very beginnings of a property boom in Malaysia, safe in the knowledge that prices are relatively low and growth figures remain high.

Malaysia is an attractive destination for high net worth foreigners looking to set up home. Now that the government has introduced changes in the Foreign Investment Committee (FIC) guidelines for foreign property purchase and restrictions have been lifted regarding the usage and number of units that can be purchased by foreigners, real estate in Malaysia has become far more accessible.

Malaysia Property Hotspots
As is often the case in emerging markets, city centre property investment can yield some high returns and Kuala Lumpur is no exception. With an ever increasing expatriate worker presence, a requirement has emerged for commercial premises, top-end accommodation, off-plan properties and buy-to-let options which are particularly attractive to investors. Alternatively, due to a sharp increase in tourist figures in Malaysia, property purchasers are finding some excellent opportunities in coastal areas such as Port Dickson, namely the sea-front Legend Water Chalets and the Banyun Curve Water Chalets, which are proving highly popular amongst many discerning property buyers.