Malaysia leaps into the top 8 places to invest in 2014
Jan 28, 2014 - PropertyGuru.com.my
Malaysia has been named in the list of top 8 places to invest in 2014 by the influential Live and Invest Overseas newsletter.
The portal’s audience is primarily U.S. nationals looking to invest in overseas property not only to boost assets, but also for life, retirement and legacy reasons.
It asks the question: “Where, specifically, should the would-be global property investor target his attention?”
Panama comes out top, where in the past six months, property values have appreciated in key areas, especially along waterfront districts.Strong demand from the United States, Canada, Venezuela, Colombia, and European countries, and a decreased supply of new apartments for sale have driven up prices by as much as 10 percent there since the second quarter of 2013.
Malaysia is ranked alongside Paris, Uruguay, Spain, the Philippines, Medellin in Colombia and timber as the best investments in 2014 by the publisher.
Writing about Malaysia author Lief Simon said: “A foreigner can own property outright in Malaysia. This simple but critical fact sets this country apart in this region.
“Malaysia is also a regional and a global hub, for trade and for business. The country is an expat melting pot for the region, with big numbers of expats both from all over Asia and, to a lesser extent, the West. Because it is a former British colony, English is widely spoken, so you don't have to worry about trying to learn to speak Malay.
“Target the Johor Bahru area, bordering Singapore. Singapore has limited space to expand so more and more people are living in Johor Bahru and commuting across the border. As a result, real estate values on the Malaysia side are appreciating quickly.”
The Top Overseas Market to Invest story can be viewed here.
Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email [email protected]
Jan 28, 2014 - PropertyGuru.com.my
Malaysia has been named in the list of top 8 places to invest in 2014 by the influential Live and Invest Overseas newsletter.
The portal’s audience is primarily U.S. nationals looking to invest in overseas property not only to boost assets, but also for life, retirement and legacy reasons.
It asks the question: “Where, specifically, should the would-be global property investor target his attention?”
Panama comes out top, where in the past six months, property values have appreciated in key areas, especially along waterfront districts.Strong demand from the United States, Canada, Venezuela, Colombia, and European countries, and a decreased supply of new apartments for sale have driven up prices by as much as 10 percent there since the second quarter of 2013.
Malaysia is ranked alongside Paris, Uruguay, Spain, the Philippines, Medellin in Colombia and timber as the best investments in 2014 by the publisher.
Writing about Malaysia author Lief Simon said: “A foreigner can own property outright in Malaysia. This simple but critical fact sets this country apart in this region.
“Malaysia is also a regional and a global hub, for trade and for business. The country is an expat melting pot for the region, with big numbers of expats both from all over Asia and, to a lesser extent, the West. Because it is a former British colony, English is widely spoken, so you don't have to worry about trying to learn to speak Malay.
“Target the Johor Bahru area, bordering Singapore. Singapore has limited space to expand so more and more people are living in Johor Bahru and commuting across the border. As a result, real estate values on the Malaysia side are appreciating quickly.”
The Top Overseas Market to Invest story can be viewed here.
Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email [email protected]
