Pros & Cons, in collaboration with our real estate partner, will provide you with comprehensive guideline on the acquisition of properties in Malaysia should you require a property for your business, investment or for your dream home in Malaysia. In Malaysia, foreigners can buy and sell most types of properties. Malaysian property market offers a comprehensive choice of properties for sale and purchase as well as lease and rent. Pursuant to the Malaysian Budget 2020 announcement, a minimum property purchase price for foreigners has been lowered from RM1 million to RM600,000.00. Foreigners can own certain types of land in Malaysia.
Pros & Cons principal consultant, Zarina, has been instrumental as a legal and business consultant to a vast majority of Russian-speaking investors in Malaysia. Zarina will ensure that you receive the right advice pertaining to your desired property, accompanied legal support and will find you the right financier, if you require. You can be rest assured of the best support and service until your acquisition or disposal is complete.
Mid-range to luxury condominiums and houses in Kuala Lumpur are reasonably priced between RM800 to RM3,000 per square feet (sq. ft.) depending on the area. There are also attractive residential and commercial projects and properties available to foreigners to purchase in Penang Island, Selangor, Putrajaya and Johor Bahru, both in the secondary market as well as the primary market from some of the top property developers in Malaysia.
Foreigners are also allowed to buy and own commercial properties in Malaysia and we are constantly updated with available commercial properties: hotels, factories, shops, restaurants etc.
To help facilitate your ideal property investment in Malaysia, please send us your requirements with more details.
Is it a good time to invest in property in Malaysia?
Eight of the world’s top ten most expensive cities are in Asia as a result of the region’s high costs for consumer goods and a dynamic housing market with Kuala Lumpur (141) rising four places, according to Mercer’s 25th annual 2019 Cost of Living Survey.
Malaysia: gross rental yields are now at 2.3% to 5.4%. Acquisition costs are very low in Malaysia.
The Malaysian economy expanded by 4.7% in 2018, lower than the 5.9% growth in 2017, according to Bank Negara Malaysia (BNM). Projected GDP growth is 4.7% in 2019 and 4.8% in 2020, according to the International Monetary Fund (IMF).
For more information on benefits of investing in Malaysia please see the section “Why Malaysia” (hyperlink back to the section under Why Malaysia)
Should you require more information on Malaysian property law, guidelines on foreigners buying and selling property in Malaysia, minimum property price for foreigners in different states of Malaysia, if foreigners could obtain a loan from Malaysian banks, acquisition of property individually and via a company fill in the contact form.