malaysia property investment information

Why Invest in Malaysia?

Malaysia is one of Asia’s prime emerging property markets. It enjoys a enviable position of being amongst the top three of all commonwealth countries in tourist arrivals. The government has introduced incentives to make foreign investment in Malaysia easier.

The increase in commercial activity in cities such as Kuala Lumpur and the strong tourist economy has produced a high rental demand. The market for this destination has been opened up by the access to the country by cheap flights.

Property growth in Malaysia has been 15 and 30%. The economy is reported to be one of the fastest growing in the area and is estimated to be in excess of 7%.

The government through what is known as it’s “Ninth Plan” is aiming to improve further the general economic development and infrastructure. Analyst predict that this will have a positive impact on the real estate market.

Buying Property in Malaysia

The government of Malaysia has introduced active incentives and tax breaks to encourage foreign homebuyers to invest in the country. The process is now relatively easy there is effective land registry and transparency in property transactions.

Malaysia Tourism Information

The year round climate makes this are very attractive to tourists . the country enjoys a close proximity to Singapore and Australia and is a favoured destination for visitors from these countries. Malaysia has grown as a tourism destination in the UK in recent years and this is set to continue with reasonable flight costs which have made this country a destination for many .

Figures from Malaysia tourism board show that the has been a steady increase in the tourist numbers for the country. Tourism arrivals grew from 17.4 million in 2006 to 20.9 million in 2007. These results are a continuance of a pattern of growth from 2000. Indeed in period between 2000 and 2005 tourist arrivals rose by an amazing 160%

Location

Malaysia is situated in south east Asia it is separated by the South China sea into two regions; Peninsula Malaysia and Malaysia Borneo. The country borders Thailand, Indonesia, Singapore, Brunei and the Philippines

Languages spoken in Malaysia

The national language is Bahasa Melayu but English is widely spoken. Indeed the majority of Malaysians are bilingual.

Malaysia Climate

Malaysia has a tropical, humid climate with temperatures averaging 86°F
Selangor’s is the are that surrounds Kuala Lumpur climate is characterised by warm, sunny days, and cool nights all year round and occasional rain in the evenings. Temperature ranges from 23°C to 33°C.

Getting to Malaysia

A growing holiday destination there has in recent years been the introduction of a number of low cost airlines. Kuala Lumpur airport is predicted to reach 25 million travellers a year . there is also the planned low cost terminal which expects when completed in two years to see month travellers at 1 million

Malaysia Currency

Malaysian Ringgit


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