TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Foreign Property Buyers Moving Back Into Malaysia

Category: Real estate, Posted:23 Oct 2009 | 07:13 am

As the Hong Kong and Singapore markets are well into recovery from the global financial crises foreign buyers are now seeking out deals in nearby locations where the expectation is that upside may just be around the corner.
Many Asian investors have turned their eyes on Malaysia with Kuala Lumpur receiving the lion's share of interest. Back of the successful “My Second Home” program which targeted expatriate purchasers one of the other attractive components of the market includes the ability to obtain debt.
CBD condo projects are in demand with rental yields ranging from 5-6% in strong locations while financing interest rates remain low in the mid 3% range. One thing Malaysia has been able to do versus Thailand is attract Asian nationals as purchasers due to debt, relative sophistication in legal structure and perceived stability.
While Phuket mid range housing continues to suffer from an oversupply and flat trading it becomes increasingly important to see some Government reforms in lease terms in order to provide bank financing of units. Until this time comes it puts an unhealthy emphasis of pressure on a mono market of overseas non Asian national buyers, with everyone wondering where the next go to market will come from.

Other News

Read more

Phuket Lifts Travel Restrictions For Bangkok Travelers

Category: Tourism, Posted:24 Jan 2021 | 20:35 pm Good news. Phuket province has eased travel restrictions for visitors from Bangkok and Samut Prakan to the island. The move effectively removes the 14-day quarantine period. A key catalyst in the policy change has reportedly been expected high levels of travel during the Chinese New Year period next month. Travelers are still required to use […]
Read more

Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
Read more

Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]