Malaysia Property Market Outlook 2020: A Complete Overview

Posted on 1 Comment

malaysia-property-market-outlook

Do you plan to buy property in Malaysia?
Click here to get in touch with an experienced agent

Malaysia is one of the most foreign-friendly countries in Southeast Asia for real estate investors. Here, you have access to almost any kind of property types and you can even buy land as a foreigner.

Having said that, if you plan to buy real estate in Malaysia, you must understand how healthy the market is and what to expect for the coming years.

In this article, I will explain what our projection is for Malaysia’s property market in 2020, based on the current climate and historical data. First, I’ll start explaining how the market performed in the past years.

Topics covered in this article:

Malaysia’s Property Market in Previous Years

Malaysia’s property market has been in decline since 2012. Even if prices still rise, we’ve seen modest increases in the past five years. Continue reading Malaysia Property Market Outlook 2020: A Complete Overview

List of Serviced Apartments in Kuala Lumpur: Our Top 8 Picks

Posted on Leave a comment

Serviced Apartments in Kuala Lumpur

Are you looking for a serviced apartment in Kuala Lumpur?

Whether you are planning for a business or leisure trip, a serviced apartment is a flexible solution that offers you a comfortable and convenient living experience.

Read this article to learn more about our top 8 picks serviced apartments in Kuala Lumpur. We compare them according to their unit size, rent span, duration of stay, location, amenities, and services.

Overview

Benefits of renting a serviced apartment in Kuala Lumpur

The first benefit is that you don’t have to necessarily commit to a long term contract, let’s say 6 to 12 months. The same also happens in other cities such as Singapore and Bangkok, where serviced apartments companies are open to a shorter rent span.

Second, bills such as electricity, water, and internet are usually included in the rent. Also, most serviced apartment companies offer a free housekeeping service as 2 to 3 times per week.

Finally, a serviced apartment provider usually offers “luxury” facilities and services, such as a swimming pool, gym, spa, business center, transportation service, and babysitting service.

Serviced apartment rents in Kuala Lumpur

Kuala Lumpur is the capital of Malaysia, and it is also one of the busiest cities in the world.

Thus, the city has a well-developed hospitality industry; at the same time, accommodation prices are usually higher when compared to other cities in Malaysia, especially when it comes down to hotels.

According to Numbeo, the average rental prices for a “normal” apartment in the city center is around RM 2,300 per month; however, a studio suite in a hotel usually costs RM 200 to 500 per night (that is RM 6,000 to 15,000 per month).

Conversely, a serviced apartment offers a relatively lower rental price that ranges from RM 90 to 350 per night (or RM 2,700 to 10,500 per month) for a studio suite.

Note that, you can get up to a 20-40% discount if you decided to book a room for more than a month. This is common in many Asia countries, while Hong Kong is one of the exceptions.

Continue reading List of Serviced Apartments in Kuala Lumpur: Our Top 8 Picks

Top 10 Property Developers in Malaysia: A Complete Guide

Posted on 3 Comments

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Malaysia?
Click here to get in touch with an experienced agent

Foreign investors primarily look for big and reputable developers when buying overseas property.

The Chinese, for example, are known for doing much research about developers before even visiting a country.

Truth be told, failing to do enough research can result in late completions, quality issues, or that the developer runs into financial problems. Not to forget, developers have their own unique style and brand names.

Fortunately, you can find plenty of internationally recognized developers in Malaysia.

Many have dozens of projects completed and are in the process to complete modern infrastructure projects, big innovative projects, and mega housing complexes.

In this article, I’ve listed some of the biggest and most popular property developers in Malaysia.

1. Eco World Development Group

EcoWorld Development Group was not known to many Malaysians a decade back. That said, it’s seen tremendous growth over the past years and is now a big award winning developer in Malaysia.

Continue reading Top 10 Property Developers in Malaysia: A Complete Guide

Condos & Apartments for Sale in Kuala Lumpur: 9 Interesting New Projects

Posted on Leave a comment

kuala-lumpur-property-for-sale

Do you plan to buy property Malaysia?
Click here to get in touch with an experienced agent

Kuala Lumpur is the capital and financial center of Malaysia, offering some of the best property investment opportunities for overseas buyers. Being an alpha city, you’ll notice that property is still surprisingly cheap, with prices similar to those in Bangkok.

In this listing article, you can read about interesting new condos and apartments in Kuala Lumpur. We update the article continuously, trying to give you the latest information.

If you have any recommendations or information about new projects, feel free to contact us and we will do a review.

Viewing the projects and surrounding areas in Google Maps (Street View)

To check the projects and surrounding areas in Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2020-01-16

Continue reading Condos & Apartments for Sale in Kuala Lumpur: 9 Interesting New Projects

Buying Property in ONYX (Icon City): By CapVen Consultancy

Posted on Leave a comment

onyx-icon-city

All images shown are for illustration purposes only and should not be deemed as showing the final end result. The developer or its agent reserves the right to amend at their discretion.

This article includes sponsored ad content by CapVen Consultancy.

Worldwide companies lose billions of dollars due to productivity-related losses. It’s proven that these losses come due to employees’ health issues linked to the surrounding working environment.

As a result, we’ve seen a new trend and a niche industry where developers build so called wellness offices and according to Bank Paribas, Real Estate wellness at work is an important talking point for companies today.

Today, we’ll have a look at ONYX (Icon City), an upcoming wellness corporate development in Petaling Jaya, Malaysia. The project is built by the renown developer Mah Sing Group and planned to be completed in Q4 2023/early 2024.

Continue reading Buying Property in ONYX (Icon City): By CapVen Consultancy

Buying Condos in Kuala Lumpur: The Definitive Guide

Posted on Leave a comment

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Malaysia?
Click here to get in touch with an experienced agent

It’s easy to understand why Kuala Lumpur is ranked as one of the most liveable cities in Southeast Asia. It’s developed, has great medical care, nice weather, and one of the best cuisines in Asia.

Besides, you have no issues communicating in English which is an official language.

Most importantly, property is surprisingly cheap with prices incomparable to places like Singapore, Mainland China, and Hong Kong. Prices are on par with Manila and Ho Chi Minh City at the same time as yields average at around 5%.

In this article, we review how it works when buying a condo in Kuala Lumpur, one of the major commercial hubs in Southeast Asia.

Minimum Investment Requirements in Kuala Lumpur

Even if foreigners can buy and own almost any kind of property, including landed houses and commercial property, they often decide to buy one or more units in condominiums. The main reason is the convenience and standards that follow. Continue reading Buying Condos in Kuala Lumpur: The Definitive Guide

Buying Property in Oxley Towers KLCC: By Huttons Asia

Posted on Leave a comment

oxley-towers-klcc

This article includes sponsored ad content by Huttons Asia

Today, we’ll have a look at a truly interesting mixed-use project, Oxley Towers KLCC, to be completed in Kuala Lumpur in 2023.

Huttons Asia has sponsored this article and their agent, CS Tee, will help us to understand more about the project details, how it works when buying a unit or two in this project, what the benefits are, and more.

If you’re interested in this project and want to get in touch with Tee, you can find his contact info below:

  • Email: mysgprop.info@gmail.com
  • Phone number: (+65) 84188689
  • Website: www.mysgprop.com/oxley-towers-klcc

Project Overview

  • Type: Luxury condominium and Commercial space
  • Developer: Oxley Holdings Singapore
  • Tenure of Land: Freehold
  • Completion date: Expected in 2023
  • Price: From RM 1.4 million (around USD 350,000)
  • Type: Mixed-use luxury development

Continue reading Buying Property in Oxley Towers KLCC: By Huttons Asia

The 4 Best Areas to Live in Penang: A Guide for Retirees & Expats

Posted on 2 Comments

best-areas-live-retire-penang

Do you plan to buy property in Malaysia?
Click here to get in touch with an experienced agent

Penang is a charming island with an old cultural heritage, located in the Northwestern parts of Malaysia. It’s one of the top choices when foreign retirees and expats decide to settle down in the country.

It’s not strange that Penang has been voted as one of the top 10 destinations to retire in the world as living costs are low, the weather is great, and you can enjoy one of the best cuisines in the world. Worth mentioning is that Malaysia was voted as the fifth best country to retire in 2018 according to Forbes, where Penang is undoubtedly a big contributor.

In this article, I explain which areas are most popular among expats, retirees and other foreigners in Penang at the moment. If you find it hard to decide whether you should buy or rent real estate in Penang, you can find valuable information at the end of the article.

Where do most retirees and expats stay in Penang?

The Northern parts of Penang have been the preferred place for foreigners since long back.

You can find more leisure activities and points of interest compared to the Southern parts, especially in areas of Georgetown to Batu Ferringhi. Some examples are the colonial buildings and local architecture, the Botanical Garden, Penang Hill, Penang National Park, Shoppings and more.

The Southern part is more local and less expensive, but have gained more traction among real estate buyers and long-term renters, and should also be of interest (more about that later).

1. Gurney Drive

Continue reading The 4 Best Areas to Live in Penang: A Guide for Retirees & Expats

How to Buy Property in Malaysia: The Definitive Guide

Posted on 2 Comments

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Malaysia?
Click here to get in touch with an experienced agent

Malaysia is a great place to settle down, if you prefer to have a high quality of life with low living costs. According to Forbes news magazine, Malaysia is the only Asian country that qualifies into the list “10 best places to retire around the world”.

It’s not surprising for a country that has a breathtaking nature, among the best cuisines in Asia, and locals that offer great service while communicating fluently in English.

Not to neglect, Malaysia offers the most favorable foreign property ownership regulations in Southeast Asia.

In this guide, you’ll learn everything you need to know before buying property in Malaysia as a foreigner, including information about foreign ownership regulations, if you can buy land, minimum investment requirements, visa regulations, taxes, and more.

Article Overview

Can foreigners buy property in Malaysia?

Continue reading How to Buy Property in Malaysia: The Definitive Guide

Property for Sale in Penang: 6 Interesting New Projects & Launches

Posted on Leave a comment

penang-property-for-sale

Do you plan to buy property in Malaysia?
Click here to get in touch with an experienced agent

Penang is one of the most sought after destinations for families and retirees in Asia. It’s been voted as one of the most livable places in the world numerous times, offering low living costs, great healthcare, tasty food, and a comfortable climate.

In this listing article, you’ll find interesting new property projects and launches in Penang, including condos, villas, and apartments.

The article is updated on a regular basis, and with explanatory information how it works when buying property in Penang.

If you have any information or recommendations about new interesting projects, you can contact us and we will do a review.

Viewing the projects and surrounding areas in Google Maps (Street View)

To check the projects and surrounding areas in Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2018-10-07

Continue reading Property for Sale in Penang: 6 Interesting New Projects & Launches