Tag Archives: Malaysia

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

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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 that 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 in 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

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How to Buy Property in Malaysia: A Complete Guide for Foreign Investors

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

Do you plan to buy property in Malaysia?
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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?

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Malaysia Property Market Outlook in 2019: A Complete Overview

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Malaysia is one of the most foreign friendly countries in Southeast Asia, in terms of property buying regulations. Many expats favor Malaysia, and other foreigners decide to stay here permanently.

If you plan to buy real estate in Malaysia, it’s important that you understand how healthy the market is, and whether you can expect a potential increase or decrease in the coming years.

In this article, I explain what my projection is for Malaysia’s property market in 2019. My prediction is based on the market condition in recent years, the current economic climate, and historical data. I’ll start explaining about how the market performed the past years.

Topics covered in this article:

Malaysia’s property market in 2017 & 2018: A throwback

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

penang-property-for-sale

Penang is a sought after destination 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, tasty food, and great weather.

In this listing article, you find interesting new property projects and launches in Penang, in a concise format. 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: 2019-10-07

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Property For Sale in Kuala Lumpur: 6 Interesting New Projects & Launches

kuala-lumpur-property-for-sale

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 real estate projects and launches in Kuala Lumpur. We update the article on a continuous basis, 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: 2019-10-04

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The 6 Cheapest Places to Buy Real Estate in Asia: A Complete Guide

Asia-cheapest-real-estate

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A commonly asked question among property buyers is where they can find the cheapest properties.

One should bear in mind though that it’s not easy, nor very important, to discuss property prices on national levels. It’s better to focus on a handful of cities, or the capitals, places where a big part of investors tend to go.

In this article, I list the countries with the cheapest land, houses, and apartments in Southeast Asia/Asia.

Before we deep dive into, I want to mention that I haven’t taken countries such as Mongolia, North Korea, Brunei and Sri Lanka into consideration.

6. Thailand

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4 Asian Countries with Long Term & Real Estate Investment Visas

asia-investment-visa

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Before you pick a location for your next Asian property investment, it’s important that you do some research about the visa options available.

Having a long term visa, might it be an investment visa, will bring relaxation and not forcing you to leave a country every month, or so.

Luckily, you’ll find a handful of countries in Asia who have understood that foreigners want to stay there long term, bringing decent cash to the local economy.

In this article, I list 4 Asian countries that offer long term and real estate investments visas to foreigners. Let’s have a look.

1. Thailand

thailand-investment-visa

Thailand is the most visited country in Southeast Asia for many reasons. Expats, travelers and other foreigners alike can easily get accustomed to the high quality of life.

Personally, Thailand is one of my favorite countries to visit in Asia, I often make a trip once in a while, to recharge my batteries.

Even if Thailand might not be the best place for investors with a high risk appetite and to maximize yields, many foreigners (for example example Hong Kongers and Japanese) want to have property in a place that’s ‘livable’.

Proximity to their home countries is also of importance.

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

malaysia-real-estate

Do you plan to buy property in Malaysia?
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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 among, 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

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

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The 4 Best Countries to Buy Real Estate in Asia

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Do you plan to buy property in Asia?
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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.

4. The Philippines

manila-condo

The Philippines is, together with Cambodia and Vietnam, one of the fastest growing countries in Asia. With a growing middle class, favorable demographics, and an English speaking low cost workforce, more and more corporations and investors turn to this country.

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5 Countries Where Foreigners Can Buy Land in Asia

asian-landscape

Do you plan to buy property in Asia?
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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.

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