The 5 Best Places to Live & Invest in Malaysia Real Estate

Posted on 1 Comment

malaysia-real-estate

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

Malaysia continues to attract foreigners and expats who wish to either settle down or finding a retreat in Southeast Asia. Snapping the first place in our property index, it’s hard to talk badly about Malaysia as a real estate investment destination.

Thankfully, Malaysia has a lot of interesting destinations to choose from, all with different benefits and temptations. So the big question is: Where should you buy?

I’ve been to Malaysia numerous times and decided to write this article where I list the 5 best places to buy real estate in Malaysia.

1. Kuala Lumpur

kuala-lumpur

Kuala Lumpur tops the list of the places to buy real estate in Malaysia for several reasons.

Continue reading The 5 Best Places to Live & Invest in Malaysia Real Estate

The 4 Best Countries to Buy Real Estate in Asia

Posted on Leave a comment

best-countries-to-invest-in-asia

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

Investing in overseas property is one of the biggest decisions that many foreigners make.

Before you prepare for success, it’s important that you understand your overseas market, what ownership regulations that apply, if you can easily transfer your money out of the country, what taxes that apply, and more.

To give you a helping hand, I decided to write this article, where I give you my own personal reflections, backed by data.

Let’s review the 4 best countries to buy real estate in Asia.

Remark

In this article, I don’t only take yields into consideration, or target investors with a high risk appetite. I also take property taxes, land ownership regulations, capital controls and the easiness to get long term visas into my assessment.

This article is not for people who look for investment properties merely.

Market cycles, and where countries stand right now, is also of importance, of course. Many news channels and experts say that Singapore, Indonesia and India looks promising at the moment.

The Singaporean market has seen a downturn in the past years, and has started to recover. India is getting increasingly more interesting, as it grows fast economically, while Indonesia follows a similar path, with much investment in infrastructure. Continue reading The 4 Best Countries to Buy Real Estate in Asia

5 Countries Where Foreigners Can Buy Land in Asia

Posted on Leave a comment

asian-landscape

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

Asian countries have some of the most prominent and promising real estate markets in the world. While some foreigners prefer to buy condos, villas or apartments for investment or self dwelling purposes, you shouldn’t neglect the opportunities to buy land.

Personally, I believe that foreigners believe that it’s too hard to buy land, and from traditional reasons. But more and more people ask what opportunities they have when buying land in Asia. Unfortunately, there are not so many options available.

In this article, I list the 5 countries where you can buy and own land as a foreigner in Asia. Let’s have a look.

Continue reading 5 Countries Where Foreigners Can Buy Land in Asia

Top 5 Countries With Asia’s Highest Yields

Posted on Leave a comment

asian-countries-highest-yields

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

Buying property overseas needs thorough consideration and planning. The rental yield is one of the most important aspects of many investors. Future outlook, capital appreciations, living standards, and personal preferences are important to others.

A frequently asked question is in which countries foreign buyers can find the highest rental yields in Asia. I’ve done some vast research but found little information, most websites pointing to one source.

Therefore, I decided to write about this topic myself. In this article, I list the countries with the highest rental yields in Asia.

Introductory remark

I’ve intentionally excluded Cambodia from this article, as I couldn’t find sufficient data and sources.

CBRE Cambodia claims that residential rental yields ‘can’ reach between 5-7% in Phnom Penh, a general number which makes it hard to compare.

Continue reading Top 5 Countries With Asia’s Highest Yields

Malaysia Property Loans for Foreigners: A Complete Guide

Posted on Leave a comment

malaysia-mortgage-foreigners

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

Malaysia is one of the top spots for retirees and investors alike. It’s not strange, buying a property here is fairly easy and the process comparatively transparent. You’ll also enjoy a great quality of life with costs that are surprisingly low. It’s not strange why Malaysia has been ranked as one of the best places to retire in the world.

A commonly asked question is how easy it is, or if it’s even possible, to get a local property loan as a resident or non-resident foreigner. I decided to do research on the matter and have presented the results in this guide.

Let’s have a look.

How can I obtain a property loan as a foreigner?

Malaysia has some of the most generous and favorable ownership regulations for foreigners in Southeast Asia (it’s basically the only country that allows foreigners to buy land, as I don’t count Singapore). Still, banks can be a bit restrictive handing out loans, this is mainly due to the current economic climate and the recession which hit hard after 2008.

I’ve personally been in contact with a number of big banks in Malaysia, and I can see a clear pattern: be locally employed, a permanent resident or an MM2H visa holder, and things will become remarkably easier. The same it goes in Hong Kong, where your source of income should preferably be in Hong Kong, to increase your chances of getting a loan.

If you haven’t heard about the MM2H visa before, you can find more exhaustive information by reading this interview with Andy Davison.

Simply put, the MM2H visa is a government backed visa program which allows foreigners to stay in Malaysia for up to 10 years. There are a few countries that offer similar visas in the region, a strong proof that Malaysia welcomes foreign investors.

Continue reading Malaysia Property Loans for Foreigners: A Complete Guide

Top Property Management Companies in Malaysia: A Complete Guide

Posted on 16 Comments

malaysia-property-management

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

Buying a property is just your first undertaking, oftentimes, you need to find a company to look after it for you.

Finding tenants, managing maintenance, and collecting rents are just some of the services that need to be taken care of.

Luckily, you can find plenty of property management companies in various parts of Malaysia that can help you.

In this article, I present some of the biggest and most popular property management companies in:

  • Kuala Lumpur
  • Penang (Georgetown)
  • Johor Bahru

Kuala Lumpur

Below I’ve listed property management companies in Kuala Lumpur.

1. ARE Property Management

ARE Property Management is a fairly new company, founded in 2013 by MK Chen. It’s a small company offering services with a personal touch.

Services offered

The company offers comprehensive packages with leasing, management, and maintenance services. Some examples are tenant management, marketing, screening of prospective tenants, and more. They mainly focus on rental services.

Address

Suite A-05-07, Plaza Mont Kiara, 50480 KL, Malaysia

Continue reading Top Property Management Companies in Malaysia: A Complete Guide

Buying Under-Construction Property in Malaysia: A Complete Guide

Posted on Leave a comment

buying-malaysia-under-construction-property

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

Under-construction and off-plan property are preferred choices when foreigners decide to invest in real estate in Southeast Asia. There are both benefits and drawbacks when going for this option, the buying process is also somewhat different.

I often receive questions related to the buying process, financing, payment schedules and taxes for these kind of properties, but it can be difficult to find summarized information about these items. In this article you will learn the following for under-construction property:

  • The buying process
  • Financing
  • Payment schedule
  • Legal fees and stamp duty
  • Procedure of the SPA (Sales and Purchase Agreement)

Buying process for under-construction property

a. First of all, you need to find a handful of properties, shortlist them and choose a property

b. You pay a booking fee to enter into the buying process. There is no fixed amount, as the booking fee is decided by the developer. Generally, it’s 2% of
the purchasing price but can be any other amount

Continue reading Buying Under-Construction Property in Malaysia: A Complete Guide

Getting an Overseas Property Loan in Malaysia: A Complete Guide

Posted on Leave a comment

malaysia-overseas-property-loan

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

Buying an overseas property in markets that perform better than the one in Malaysia is the preferred choice for many investors. Often, these investors are high-net individuals who don’t want to input a big chunk of their money into one project, hence they want to get some backing financially.

One solution for this is to apply for a so called overseas property loan. Personally, I believe that overseas property loans will get more and more popular as we become more globalized and tend to move around.

I’ve dedicated this whole article to explain how it works when you apply for an overseas property loan in Malaysia, which banks that offer the loans, what requirements that apply and more. Let’s have a look.

What is an overseas property loan?

Overseas property loans are designed for Malaysian citizens or residents who wish to finance a property overseas. As mentioned, when the local market performs worse compared to an overseas ditto, the preferred choice for many investors is to look outside the borders.

Stricter requirements normally apply, but you will find a handful of banks in Malaysia who offer overseas property loans.

Often, you can only get a loan if you’re a high-net individual and if the property is located in a prime location. Why? Because properties in such areas generally generate higher rental incomes and have a higher resale value. This is standard for similar loans in Singapore and Hong Kong as well.

Which banks offer overseas property loans in Malaysia?

Continue reading Getting an Overseas Property Loan in Malaysia: A Complete Guide

Top Conveyancing Lawyers in Malaysia: The Definitive Guide

Posted on 1 Comment

malaysia-conveyancing-lawyers

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

Malaysia is one of the prime spots when foreigners decide to buy property in Southeast Asia, it’s not strange as it’s probably the most foreign-friendly country in the region, when it comes to buying property.

Even if you’re not legally required to hire a property solicitor, also referred to as conveyancing lawyer, it’s highly recommended to assure that the process works smoothly and to avoid unforeseen issues later.

But it’s virtually impossible to find summarized information about conveyancing lawyers in Malaysia, therefore I’ve written this article where I present some of the biggest and most popular firms.

Introductory remark

The firms are listed in a random order.

Kuala Lumpur

Below I’ve listed conveyancing lawyers located in Kuala Lumpur.

1. Azman Davidson & Co

In 1981, in Ipoh, Perak, Azman & Co., and the Ipoh office of Lewis & Co. merged to form Azman, Davidson & Co. Lewis & Co. was named after its original senior partner JMM Lewis. The firm was known for representing the major players in the mining industry. On the other hand, the firm of Azman & Co was named after its founder, Dato’ Syed Azman bin Syed Mohamed.

Right after the merger, the firm opened the branch in Kuala Lumpur. Over time, Azman Davidson & Co in Kuala Lumpur emerged from a one-person company to one of the biggest mid-size firm in the country with 40 lawyers and 50 supporting staffs. Most of the partners in the firm are from Southeast Asia.

The current managing partner is HY Chong, who has been with Azman Davidson & Co since 1991. He specializes in real estate, corporate, commercial, and insolvency.

Services offered

Continue reading Top Conveyancing Lawyers in Malaysia: The Definitive Guide

Top Real Estate Agencies in Kuala Lumpur: The Ultimate Guide

Posted on 1 Comment

kuala-lumpur-real-estate-agencies

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

Kuala Lumpur is the heart of Malaysia’s economic and business development, the urban landscape features many office skyscrapers and shop-offices that attracts many foreigners to invest here.

There are many real estate agencies located in this modern city, but it’s not that easy to find the information about them, in a summarized way. Therefore, I decided to write this article, listing some of the top real estate agencies in Kuala Lumpur.

Today, you’ll learn the following:

  • Introduction about the companies
  • Property types & areas served
  • Recognition and awards
  • Projects managed
  • Address of the offices

Introductory remark

The real estate agencies are listed in a random order.

1. Knight Frank Malaysia

Knight Frank is headquartered in London, UK, with 418 offices across 60 countries, including Malaysia, The company employs more than 15,000 professionals, spanning over five continents. You’ll be able to find many services offered, for example

Continue reading Top Real Estate Agencies in Kuala Lumpur: The Ultimate Guide