Property for sale in Malaysia
Malaysia is a Southeast Asian nation that occupies part of the Malay Peninsula and the island of Borneo. It is known for its beaches, rainforests and the union of Malay, Chinese, Indian and European cultures. The capital, Kuala Lumpur, is rich in colonial buildings; it includes lively shopping districts such as Bukit Bintang and tall skyscrapers such as the famous Petronas Towers. Western Malaysia borders to the north with Thailand and to the south with Singapore from which it is separated by a strait, East Malaysia borders to the south with Indonesia and surrounds Brunei.
After the general election of Malaysia in 2018, together with the strong impulse of growth in the economy, there are clear signs of improvement while there is greater clarity in the policies of the new elected government.
If you plan to buy property for sale in Malaysia this is not really an excellent time but it is not even the worst because the real estate market is recovering with different investment activities.
The active participation of the main industrial and logistical actors, both local and foreign, bodes well for the local industrial property market, in line with Malaysia's need for better quality warehouses and state-of-the-art factories.
The office market was resilient in the first half of 2018, with rental and occupancy levels maintained despite the excess of space in some areas of the Klang Valley.
Market sentiments improved in the residential market during 2018, especially after the general elections. Kuala Lumpur, being the capital, remains one of the favourite destinations in the eyes of real estate buyers and investors interested in property for sale in Malaysia.
During 2018, potential buyers or investors of property for sale in Malaysia are abandoning a wait-and-see approach and are now genuinely looking for good opportunities on the market. This trend has reduced the chances of a sharp correction in the residential housing market, as we expect that the strengthened demand will continue and that the situation of oversupply will be less severe.
The capital Kuala Lumpur will remain the well-known investment destination among foreigners because the prices of the properties on sale are still reasonable compared to other large Asian cities.
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