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Posted: 14 Jul 2011 | 6:00 am
Call it a niche market, but the Malaysian My Second Home Program has captured the hearts and minds of a growth market - Iran.
Iranian's now top the list in terms of foreign nationalities investing into the incentive led initiative intended to spur the real estate sector according to an article in Property Report South East Asia.
The piece goes on to say over 60,000 Iranians live in Malaysia and 160,000 inbound travelers visited in 2010.
Phuket has seen a rush of visitors from the country with the establishment of direct flights from Tehran on Mahan Air, but the ripple effects have yet to strike the local property market.
Ultra luxury private hotel coming to Natai
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A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
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Thai based group Zinc InVision have been recognized with a Senses Wellness Award for Best Medical Wellness Resort for The Farm at San Benito in the Philippines.
CENTEL 12.00 - 0.40 %
DTC 34.00 0.00 %
ERW 2.52 - 0.02 %
GRAND 1.13 - 0.03 %
LRH 39.25 0.00 %
MANRIN 12.90 0.00 %
MINT 12.80 - 0.20 %
ROH 21.00 0.00 %
SHANG 31.00 - 1.00 %
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