Quote:
Originally Posted by ariecol
thanks for the heads up andy2k. was asking because of curiousity, and would like to loop as much info as possible into my radar
yes msia do offer good if not great return.
agree
|
Hi there,
After we have reaserched the market that is what we came up with. You might be interested. here are some positive factors for Investing In Malaysian Property
Q3 2007 saw economic growth of 6.7%; its fastest growth in 3 years.
Limited effect of sub prime crisis due to strong domestic demand.
Stable inflation and interest rates.
Increasing human capital and rising earning power.
Service sector is the fastest growing areas of the economy.
Ninth Malaysian Plan will see a further RM220 Billion (USD67 billion) invested into development and economic projects.
In 2008 the government will allow EPF withdrawals to be put into housing loans.
Declining corporate tax rate.
The Malaysian Ringgit is likely to appreciate further in 2008/9.
Low unemployment (below 4%).
Ranked 14th country in the world in terms of FDI attractiveness.
FDI increased by 52.8% in 2006.
Rapid urbanization.
Government legislation encouraging foreign property investment.
Property prices are still considered to be undervalued when compared to other cities in Asia.
Buying costs are very low in Malaysia at between 3.4% to
6.75% of the property value, including agents commission.
Strong domestic demand in the property market.
Stable capital appreciation and rental yields.
LTV 75% and low interest rates.
Rental guarantee of 6.5% gross for 2 years.
What are your thoughts?
OlgaB