The real estate market in Malaysia is heating up at the moment. Prices are tapering down and there’s no short of cash for investment as far as local investors are concerned. Investment properties in Malaysia are attractive and abundant. Malaysia is arguably the most attractive real estate market at the moment.
If you want to invest in Malaysia real estate and you are looking for premium properties which may yield high rental rates, then look at these areas in particular:-
- Mont Kiara
- Kuala Lumpur City Centre (KLCC) condominiums
These are upmarket properties which will fetch good rental prices (and give you good upside when it comes to capital appreciation over the long term). If you are looking for something which is more mid-market then consider:-
- Subang Jaya
- Some areas in Puchong (not all)
- Kayangan Heights
- Damansara Jaya
As with any investments, due diligence is a must, and in this day and age of the Internet it makes it so much easier to research on real estate. Look at some of the top real estate websites as detailed in this previous blog post. Hunting for good property for sale in Malaysia can really be tricky, and it helps if you are able to hook up with some local realtors or real estate brokers who can help you make wise investment decisions.
Hiring Realtors In Malaysia – Questions To Ask
If you are not a local then you may be at a disadvantage – simply because you’ll need local knowledge about the Malaysia property market in order to identify good investment properties. Always choose a property agent or negotiator who has your best interest at heart. Otherwise you may decide not to invest at all. When you choose a realtor in Malaysia, ask yourself these questions:-
- How much experience does the realtor has in helping expatriates making good real estate decisions?
- What’s the realtor’s track record in the sub-market that you choose to play in?
- What is the realtor’s specialty in the Malaysia real estate market?
Choosing the right realtor will make things easier for you when it comes to investing in Malaysian properties. A good realtor will even line up for you during hot property launches – no joke. Get somebody that you are comfortable with, and share with her your investment goals. Make sure that she understands that you are investing for the long term, and there will be repeat business if she does a good job. Unfortunately most realtors have a “single transaction” mindset which is not productive for both the buyer and the agent.