Malaysia is a very special country in Southeast Asia. It is situated on the Malay Peninsula, as well as on northern Borneo. Malaysia has made rapid strides towards progress and this country is definitely one of Asia’s success stories having seen major development both on the economic as well as people development front in the last twenty odd years.
Malaysia has always attracted investors and property buyers from within the country as well as from people around the globe. Real Estate in Malaysia has made huge inroads in terms of architecture, modern construction quality as well as the overall taste and style of development. Some of the world’s landmark buildings are in Malaysia including the most famous Petronas Towers. The tall skyscrapers in Malaysia are definitely a sight to behold.
In the recent past there is definitely been some challenge for luxury properties in Malaysia as the spiraling costs have proved a bit too much for many Malaysian property investors. However it is like any other real estate market in the world in terms of the “heating” and the “cooling period”. Right now the Malaysia real estate market, especially Luxury homes segment in Malaysia seems to be going through a cooling period but international investors are very much scouting for good investment options in Malaysian real estate as there is opportunities galore because of the brief cooling off period.
The very attractive and upmarket condominium segment in Malaysia is still a very viable and preferred real estate investment path for many buyers. The expat population and the HNI population in Malaysia ensure that there are good rental returns on any good residential investment. An area like KLCC which is considered as a very good location, any given property investor can expect to make at least 3 to 4 % return on his capital due to good demand there for rental homes.
The pro-investor policy and the investor-friendly real estate regulations that the Malaysian Government has adopted ensures that foreigners can buy and own property with only some restrictions above the minimum buying amount of MYR 1 million (USD 256,500). The very fact that the real estate that one invests in is freehold and of course the constant demand for the same globally has made sure that property investors are still buying properties in Malaysia as the core and fundamentals of Malaysian real estate in very strong indeed.
It is definitely a big plus that Malaysia is amongst one of the many few countries in the South East Asia belt that actually allow foreign nationals to buy and own freehold real estate in their nations. The average price of Malaysian properties is supposedly one of the most affordable in this territory and therefore the combination of the above two factors make Malaysia properties still a very sound investment proposition.
Malaysia infrastructure developments – a shot in the arm for Malaysia real estate
It is critical to note that Malaysia as a country has undertaken some major infrastructure activities and these are really giant-sized ones. These include the massive Singapore-Kuala Lumpur High Speed Rail (HSR), a few more mass transit projects and of course the expansion of the airport. The execution and completion of these big infra projects will definitely boost the real estate prices including the prices for luxury real estate in Malaysia and the interesting things is that this is likely to happen in the next 6 to 10 years. That is more or less the time that an average mid-term or a long term property investor invests in real estate assets.
As per property experts and real estate pundits from across the globe, the current period is a correct time to buy luxury properties in Malaysia especially for medium term and long term real estate investors. They feel that in terms of value for money, Malaysia is definitely ruling the way in real estate and other investments too and it is one of the best investment bets in Asia by a long margin.
Moreover, luxury homes in Malaysia are a perfect investment for foreigners, especially because the Malaysian ringgit has gone to to its weakest level against the US dollar since the 1998 Asian Financial Crisis.
There are many clients and buyers that hail from China, Taiwan, Hong Kong, America and a few other countries who have been buying and investing in Malaysia luxury properties as well as the upscale real estate available taking advantage of the drop in the currency prices.
As per leading property consultants and agents in the region, new luxury projects in Malaysia have been able to sell almost 80 to 90 % of their stocks and some of these are The Pavilion Group’s Banyan Tree and the upcoming Pavilion Suites. Apparently, a majority of the lesser sized flats at Four Seasons Place Residences have manage to find their buyers too.
LuxuryAbode.com Malaysia provides some of the best luxury real estate in Malaysia today with listings from the region’s top performing real estate professionals and property agents.
Let us have glance at a few luxury real estate options that the stipulated amount of MYR 1 million for foreign investors can purchase for you in Kuala Lumpur?
1.Two-bedroom condo at Setia Sky Residences – this lovely project is a small distance from KLCC and the condominium units here have some fantastic views too. It is a very modern development laced with several amenities including a swimming pool and a fitness centre. Some of the units here face the beautiful Titiwangsa Lake and the property is ideal for families. In case you are a pure investor, bear in mind that the superbly designed and well laid out condominium due to its design & location makes it perfect for rentals and therefore will generate a good return on your investment.
Some of the other high-end developments around Kuala Lumpur are:
1. Eaton Residences
2. YOO8, Conlay
3. The Mews, Jalan Yap Kwan Seng
4. Stonor 3
A few of the leading property developers in Malaysia are as follows:
Eco World Development Group Berhad
Some of their landmark projects:
Eco Business Park
Bukit Bintang City Centre
Sime Darby Property Berhad
A few of their beautiful projects
Townships in Klang Valley known as Subang Jaya
SP Setia Berhad Group
A few of Setia Berhad Group’s projects:
Setia Eco Park
SP Setia Berhad Group’s upcoming projects:
Setia Eco Templer in Rawang
Setia Sky Residences in Kuala Lumpur
Setia Eco Park in Shah Alam
LBS Bina Group Berhad
D’ Island Residence in Puchong, Selangor
Bandar Putera Indah in Batu Pahat, Johor
LBS Alam Perdana in Klang Valley
Cameron Golden Hills
LBS Cina Group’s upcoming projects
IOI Properties Group
Some of IOI projects include:
The Clio Residence
IOI Resort City in Putrajaya
La Thea Residences
A few of IOI Upcoming projects in Malaysia
A few of Sunway property’s real estate development in Malaysia include:
Sunway Gandaria Residences
Serene Villas in Ipoh
Sunway Serene in Klang Valley
Lakeside Mansions in Ipoh
Sunway Eastwood in Klang Valley
Montbleu Residences in Ipoh
Sunway Property Upcoming projects
Some of their upcoming projects include
Lost World Suites in Ipoh,
Sunway Geo Residences 3 in Klang Valley
Grid Residence in Johor.
There are many real estate and luxury property developers in Malaysia and we would encourage any good investor to invest in this beautiful country. Please get a good Malaysia real estate professional and a solicitor to help you guide for a smooth & risk free property purchase process in Malaysia.