Why choose real estate investment Malaysia during these turbulent times? Almost every developed economy is facing challenges. Malaysia is emerging as a haven for safe and stable investments. Property investors are finding refuge in the real estate investment markets of Malaysia.
Let us investigate why property investors are choosing to invest in Malaysia.
- Basic Infrastructure
- Growth and Stability
- Property Markets Since 1980
By studying the above areas, we should be able to understand the preference of the investors on real estate investment Malaysia.
Basic Infrastructure of Real Estate Investment Malaysia
Malaysia is almost an island. It has Singapore as its neighbor. Singapore is considered the hub of financial activity and trade in South-East Asia. It is also neighbor to Thailand and Indonesia.
All main cities in Malaysia boast a first class infrastructure. The roads and main highways connect the main cities of the country. Service coverage of rail networks and mobile communication cover the whole country. Basic amenities like water and electricity are available in most part of the country.
Malaysia is a tropical area with beautiful forests. This means it does have remote locations, under the protection for wildlife.
The average cost of living in Malaysia is low. You can have a decent meal for RM5, which is less than two US dollars. The cost of the properties in Malaysia is among the lowest in the region.
Malaysia has double taxation treaties with many countries. There is no tax on gains from the purchase and sale of properties. The rents in Malaysia are 1/4th the rent in Singapore, which is next door. The rent reduces if we move to rural areas.
The Ringgit is the currency of Malaysia. It has been stable against the US dollars and considered undervalued by over 50%. As and when the government controls ease, there will be a rise in the currency value. This will appreciate your investment by equal amounts. Another good point to buy real estate investment Malaysia.
The Malaysian government actively backs positive immigration policies. The cities enjoy a metropolitan, international environment. It is a prime shopping destination with the best brands of the world available at low prices.
The society of Malaysia is multicultural. It has a mix of three races namely Malay, Chinese and Indian, living in exemplary harmony. The country has a high literacy rate.
Growth and Stability – Real Estate Investment Malaysia
Since the 1970s, the Malaysian GDP has grown at a constant pace of 5% or more. The country is economically and politically stable. There have been no wars or serious turbulences to impact the economy negatively. The country has been able to spread its wealth evenly, thus contributing to the stable environment.
There is a large workforce of local and foreign workers. The literacy rate is high and skilled workforce is easily available. Lately, a lot of companies are relocating their manufacturing plants to Malaysia.
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