Malaysia started to attract a lot of investors lately, a phenomenon that is happening due to a variety of good reasons.
If you know why it is right to invest in a Malaysia property, here are all the reasons you need for making such a choice.
- Malaysia has a very favorable geographical position
Located on the Asia-Pacific region and a member of the ASEAN, or The Association of South-east Asian Nations, which is an organization that supports and facilitates the economy, education, politics, and other important aspects of the member countries, Malaysia has a very bright future.
With all the support the country receives from ASEAN, it is expected for it to enjoy great economic growth and become the next hot spot of the area in the real estate domain.
- It has a great business environment
According to the World Bank, Malaysia is not ranked the 6th more favorable and friendly country when it comes to the business sector, jumping to this current position from the 16th rank, where it was situation last year.
This proves that the country is depositing a lot of effort in triggering the desired growth and becoming a prosperous country with great living standards.
- The affordable property prices are attracting more and more investors into the area
In comparison with neighboring countries, Malaysia still has great property prices that make property investments here very desirable.
In other words, you don’t need large amounts of money to start a business in the real estate market in Malaysia.
- The country is evolving in the desired direction
Malaysia is doing everything it can to evolve and this can be seen already.
The political environment is calm and stable, it enjoys steady economic growth, and is on track with its Economic Transformation Program.
- Property prices are on the rise, in spite of the slow developing economy
While the economy of Malaysia is growing slow, but steady, prices in Malaysia property market are increasing at a faster pace. This means that there is sufficient demand in this market that needs to be met.
In the last 2 years only, the increase in property prices went from 5% to 10%, and it is estimated that this trend will continue to go up in the coming 5 to 10 years.
- The rental yield is stable
If you rent a property in Malaysia, you could easily obtain a rental yield of 4 or 5% every year, an aspect that remained stable for the past years and is still the same in present times.
Although, if the demand for residential properties continues to increase, so will the rental yield.