Property for Sale in Malaysia

Location, climate, and economy

Malaysia is a country in Southeast Asia, which consists of two parts (West Malaysia or mainland Malaysia and East Malaysia, island), separated by the South China Sea. On the mainland, Malaysia has land borders with Thailand, and on Borneo with Indonesia and Brunei.

Malaysia is located in the equatorial climate zone. It is a hot and sunny country. The temperature level ranges from +23 to +33 °C. In the east of the country, precipitation falls from November to February, in the west - from April to May and from October to November.

The basis of the economy is industry and services. Particularly high development was achieved by the electronic and electrical industries (1st place in the production of electronic chips and domestic air conditioners), car assembly, oil and gas processing (3rd place in the production of liquefied gas), and the textile industry. Traditional crafts have been preserved in the country: the production of batik and songket fabrics, silver jewelry and pewter souvenirs, as well as weaving. Much attention is paid to the development of tourism (the main centers are the island of Penang, the island of Langkawi, the historical city of Malacca, national parks and reserves). Malaysia has a well developed telecommunications and communication system.

Why it is profitable to buy real estate in Malaysia

The real estate market in Malaysia shows an increase in rental prices, rental yields in some areas range from 5.5% to 11%. Residential real estate in Malaysia is in demand, with rents in the country continuing to grow at a moderate pace, making it a lucrative destination for foreign investment.

The Malaysian government in every possible way promotes profitable purchases of real estate by foreigners, as it is directly interested in the development of the market, therefore, buying real estate in Malaysia leads to mutual benefit: banks receive funds, investors - affordable prices.

It is worth noting that the price of real estate in Malaysia is indeed more affordable than in neighboring countries. Investors can buy property for less than it will cost, for example, in Hong Kong and Singapore. The low price is also attractive for future resale, because the stability of the country's economy implies an undeniable increase in prices for its real estate in the future. Among other advantages of buying real estate in Malaysia, it is worth noting the following:

• a multi-ethnic, multilingual and multicultural country;
• incredible nature, excellent climate, picturesque coasts, exotic beaches;
• industrial market economy and positive economic outlook with annual growth;
• modern infrastructure;
• high quality of life and low cost of living;
• obtaining a residence permit for investment;

favorable conditions for the acquisition of real estate for foreign investors.

Particularly attractive in terms of buying quality housing is the capital of Malaysia - the brilliant Kuala Lumpur, a financial and industrial center with a dynamic rhythm of life, which every year is increasingly expanding its tourist significance, and therefore investment attractiveness. The most interesting in terms of investment is also considered real estate located along the coast. It can be apartments of different levels in low-rise buildings of a large complex or a separate cottage from the owner. You can also buy new buildings in residential complexes, which for Europeans are a more familiar type of residential real estate. They are located in well-developed urban or resort areas with the necessary modernized infrastructure, including shops, cafes, fitness clubs, etc. Customer reviews confirm that Malaysian prime real estate is of high quality, meets modern requirements and building standards. During the sale of projects under construction, developers offer promotions, discounts, and installment payments.

Given these arguments, it is worth emphasizing that when buying property in Malaysia, its owner receives only benefits, because investing in affordable housing can bring profit in the short term.

The cost of real estate in Malaysia

The most expensive real estate in Malaysia is located in cities such as Kuala Lumpur, Petaling Jaya. The cheapest housing in Malaysia can be found in Kelantan, Perlis and Malazza, with an average price of just under $48,211. Estimated real estate prices in the cities and states of Malaysia:

• Kuala Lumpur - $189,662;
• Selangor - $115,681;
• Sabah - $109,189;
• Sarawak - $106,188

Types of property for sale

Potential investors can choose from the following types of property in Malaysia:

• residential (condos, apartments, villa, bungalow, penthouse, semi-detached house, etc.);
• commercial (offices, retail real estate, hotel business, industrial facilities, etc.);
• land plots.

Real estate site in Malaysia

The GEOLN.COM site with a convenient search interface helps investors to find and buy real estate in Malaysia. The current catalog of real estate in Malaysia is presented there. On the site you can choose apartments according to the necessary parameters without intermediaries and take advantage of the advice of specialists.

Buying real estate in Malaysia by foreigners: the nuances of investing

Foreigners can register real estate in Malaysia in full ownership. The acquisition process is easier and more affordable than in some other countries such as Singapore and Hong Kong. Thus, foreigners can own several properties at the same time without restrictions, direct ownership of real estate by a foreign person is also allowed, non-residents can purchase real estate in Malaysia of any type (apartments, houses, land plots, as well as commercial real estate).

The simplicity of real estate transactions in Malaysia will not make you worry about bureaucratic problems. First, 3% of the total cost is paid to confirm the desire to purchase the object. Upon signing the contract of sale, the next 30% is transferred to the seller, and the remaining part can be paid in the next three months. However, when buying real estate in Malaysia, you should make sure that the acquired object becomes your own property, and not the lease of the property.

We suggest that you seek qualified assistance from specialists to minimize risks and losses. GEOLN experts carry out a high-quality selection of objects according to individual parameters, provide a comprehensive service to support the safe execution of a transaction. Buying and selling real estate in Malaysia is provided by professionals with many years of experience.

Buying real estate in Malaysia is a profitable investment that guarantees income, recreation and living in a dynamically developing resort country, in particular in the tourist direction, in a mild climate and an atmosphere of friendliness of local residents.