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PROPERTY MALAYSIA Strong Domestic Demand 2010

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Posted: 04 Apr 2010 | 6:00 am

The Malaysian Finance Ministry has expressed strong optimism in the property sector for 2010 back of bullish domestic demand. Further incentives for foreign investment are currently under review and more increased liberalization appears to be in the works.

Property developers are also seeing margins protected due to stabilization and in some cases decreases in key construction commodities. Overseas buyers are continuing to be attracted to urban areas such as Kuala Lumpur with both financing and attractive rental yields prevailing.

DO YOU LIKE THIS?

Do you recommend any property agents/sites? As a foreigner buying anywhere, I am sure there are pitfalls to be avoided.

Thanks

Bill Barnett responds:
Best thing is to make an informed decision. We don't actively cover that market. Id check the Property Report Asia website they have good background articles usally and check the sites of the international brokers, as often have research for free such as JLL, CBRE, Knight Frank, Colliers etc... Happy hunting.

HARRIS, 04 Apr 2010 | 11:50 am

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