Register - if you don't have an account

Yes! Sign me up for Global Property Guide's fortnightly email newsletter.

Login - for registered users

Forgot Password?
Explore destinations
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean


Malaysia residential property sector gets investors nod

Feb 19, 2013 | 0 Comment(s)

Malaysia residential property sector gets investors nodMalaysia is set to take in a deluge of foreign investors avoiding the very high taxes in Singapore and Hong Kong.


Property analysts in Kuala Lumpur are optimistic that the southeast Asian country will be the new hot spot for foreign property investors due to the newly imposed higher levies on properties in HK and Singapore.

Singaporeans, in particular, have preferred residential areas in Kuala Lumpur, Kota Kinabalu, Iskandar-Malaysia and Penang as viable alternatives for property holdings next to their city, reports.


Some 2,099 Singaporeans, British and Australian expatriates surveyed by indicated that Malaysia is the next top preference for overseas investment.


A recent project indicative of Singapore’s commitment to Malaysia was a mixed--wellness and leisure development launched recently at the Iskandar Malaysia.


Malaysian Prime Minister Datuk Seri Najib Razak and Singapore's leader Lee Hsien Loong graced the ceremony launching the project, the said.


Singapore’s stronger currency against the Malaysian ringgit is another interesting factor encouraging Singaporeans to flee to the Southeast Asian neighbour.



Download free property reports from international research houses

Our Newsletter

Fortnightly updates from the global property arena directly to your inbox.

Manage subscriptions
Chinese property buyers and Asian buyers, there is great property for high net worth Chinese buyers on

Which parts of the world are most attractive for property investment today?

Click here to download our FREE Property Recommendations Reports!

Close Me