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5 Property Investment Hotspots in Malaysia 2023

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According to the National Property Information Centre (NAPIC), property transactions have surged to RM206.3 billion, marking a 12.1% rise from the previous year's RM183.5 billion. With affordability, economic growth, stability, tourism, and investment potential, Malaysia is a prime spot for property investors.


So, let's take a closer look at the future of real estate in Malaysia and uncover where you can start your property investment journey!

1) Ipoh, Perak

Source:  KAYAK

Ipoh shines as Malaysia's property leader in H1 2022. Here's why it's the hotspot to watch: 


  • Affordability Advantage: Ipoh's affordability offers a cost-effective choice compared to pricier cities.


  • Strategic Location: Eases travel and establishes it as a business hub near major economic centres like Kuala Lumpur, Selangor and Penang.


  • Tourism Attraction: Ipoh's tourist sites foster a thriving local economy and heightened property demand—for example, Concubine Lane, Batu Gajah Hot Springs, The Lost World of Tambun and more.


    2) Skudai, Johor



    Skudai took the second spot for most transactions in H1 2022. Here’s why:


      • Strategic Locale: Nestled in Johor Bahru, Malaysia's second-largest city, Skudai offers convenient living and working options. Its proximity to major highways and public transport adds to the appeal.

        • Budget-Friendly Advantage: Skudai's affordability sets it apart from other major cities—a magnet for first-time buyers and investors seeking value.

          • Investor's Dream: With rapid growth and development, Skudai sparks interest in future property appreciation, making it an attractive investment choice. For example, The Ascent by EcoWorld Development Group, The Pinnacle by SP Setia, The M Residences by IJM Land etc.

            • Seamless Connectivity: Skudai's connectivity to major Malaysian and Singaporean cities benefits frequent travellers seeking a convenient base.

              • Education Hub: Hosting international schools and universities, Skudai stands out as a family-friendly choice, catering to those with children.


              3) Cheras, Kuala Lumpur


              Source: PropertyGuru

              Cheras took the third spot for most transactions in H1 2022, indicating its popularity among buyers and investors.


                • Central Location: Cheras is right in the middle of Kuala Lumpur, making living and working easy. It's also close to important places like KLCC and KLIA.

                • Future-Ready Investment: Cheras' rapid expansion and untapped potential position it as a prime investment prospect, particularly for those eyeing capital growth.

                  • Seamless Connectivity: Cheras' well-woven connectivity to major Kuala Lumpur and Selangor regions renders it a strategic dwelling for frequent travellers.
                  • Facilities Galore: With an array of shopping malls, dining options, and amenities, Cheras offers a vibrant and well-connected lifestyle, catering to those seeking convenience and vibrancy.


                  5) Damansara Heights, Selangor

                  Source: PropertyGuru

                  Damansara Heights is known as the Beverly Hills of Malaysia. It offers luxurious properties and has growth potential.


                  • Ample Amenities: The area boasts numerous malls, restaurants, and convenient facilities, creating an enticing haven for those seeking a bustling and well-linked lifestyle.


                  • Education Hub: Home to various international schools and universities, Damansara Heights. Examples: HELP University, Taylor's University, SEGi University, Sri KL International School, and Tunku Abdul Rahman University College (TAR UC).


                  • Property Value: Damansara Heights presents a unique advantage, with property prices that remain comparatively affordable against other prime Kuala Lumpur locations. This potential for capital appreciation attracts savvy investors.


                  5) George Town, Penang

                  Source: Travelling King


                  Situated at the heart of bustling Penang, George Town holds a prime spot as a commercial hub and sought-after tourist haven.


                  • History and culture: George Town is a UNESCO World Heritage Site with a rich history and culture. This makes it an attractive destination for tourists and investors alike.


                  • Affordability: Property prices in George Town are relatively affordable, especially compared to other major cities in Southeast Asia. This makes it a good option for those looking to invest in property in a growing economy.


                  • Potential for capital appreciation: Property prices in George Town have been rising steadily in recent years, and there is a good chance they will continue to rise.


                  • Tourism: George Town is a popular tourist destination which is expected to grow. This means there will be a high demand for rental properties in George Town, which is suitable for investors.


                  As the Malaysian property market continues to evolve, staying well-informed about these emerging hotspots and embracing solutions like the BlueDuck Zero Deposit Program. BlueDuck Zero Deposit Program


                  Here are the 'Renting out with zero deposit' benefits for all Malaysia landlords:


                  1) 📈 Larger Tenant Pool

                  2) ⏩ Faster Tenant Placement

                  3) 🌟 Competitive Advantage

                  4) 🤝 Tenant Retention

                  5) 📝 Simplified Administration

                  6) 🚫 Reduced Disputes

                  7) 👍 Verified Tenants


                  Know more about this solution today @https://www.blueduck.my/landlord ! Reach us http://bit.ly/heyBD // WhatsApp +60166117154 (BlueDuck Customer Service).


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                  [MSME Digital Grant MADANI] Grow your Business Faster with Custom Payment Gateway

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                  Are you a small or medium-sized property management or e-commerce in Malaysia? Want to boost your digital game and take your business to new heights? 


                  You can get up to RM5,000 to invest in digital tools and services for your business. That's right, the grant matches 50% of your spending, up to a maximum of RM5,000 per entity. But here's the catch – it's first-come, first-served, and grants are limited. 


                  As an officially selected Digitalization Partner for the SME Digital Grant MADANI, BlueDuck has a fantastic offer just for you! 


                   

                  🎉 We're thrilled to announce a 50% discount on our custom payment gateway solution! 🎉

                                    


                            Winning more Malaysian and international Clients!

                    • Local Support: Offer payments in MYR for a seamless experience.
                    • Language: Customize transaction details in preferred languages for Malaysian customers.
                    • Popular Methods: Integrate local payment options like FPX, Boost, or GrabPay to match preferences.
                    • Fast Payout: Receive your payment from the customers in real-time whether it is a Credit Card or Online payment, instead of waiting for the standard T+3 settlement period.
                    • Enhanced Reporting and Analytics: A custom payment gateway allows you to gain valuable insights into your financial transactions, customer behaviour, and revenue trends, enabling more informed decision-making.

                    Besides, we've got our very own payment gateway (BD Pay), which enables an automated rental payment system. Say goodbye to the hassle of monitoring due dates or remembering to make timely transfers.

                    Learn more? https://www.blueduck.my/bdpay

                    Ready to have your own business payment gateway? Before that, remember to have a quick look at the eligibility and required documents for the MSME Digital Grant!

                     Source: funding societies


                    Join us today and experience the difference in making your business operations more efficient. We're here to simplify your journey towards success!


                    Contact us for further assistance at our customer service line:  http://bit.ly/heyBD (WhatsApp: +60 166117154 )


                    Follow our social media for the latest information 👉 BlueDuck Facebook Official Page & BlueDuck Instagram Official Page




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                    [Special] 30 Years Transformation of Malaysian Property Market: Past, Present, and Future

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                    As we know, Malaysia's Independence Day is around the corner, and our country has celebrated 60 years of independence. Over these years, our nation has undergone remarkable development, leading to significant changes in the lifestyles of its people. This transformation, in turn, has profoundly impacted various aspects of society, including the dynamic world of real estate.


                    1990: Nostalgia for the Past


                    Think back to 1990 when things were really different. Back then, houses were much cheaper compared to today. Here's a look at the price range for homes in various parts of Malaysia back then:



                    • Single-family home

                    This is the most common property type in Malaysia. It is a detached house that a single family typically owns.


                    • Apartment

                    This housing unit is part of a larger building. Apartments are typically located in urban areas and are more affordable than single-family homes.


                    • Terraced house

                    This type of house is attached to other houses on either side. Terraced houses are typically less expensive than single-family homes and are more common in urban areas.


                    2023 and Beyond: A Glimpse into Tomorrow


                    With Malaysia's growth and changes in the world, the cost of homes has risen. Here's a peek at the current price range for homes in different parts of Malaysia:



                    • Condo: Soaring to New Heights

                    The condo lifestyle has been on a steady rise since the 1990s, but it truly took flight in the early 2000s, riding the wave of economic prosperity.


                    As Malaysia embraces urbanization, cities are swelling with individuals pursuing education and career opportunities. This surge in urban living has sparked a demand for housing in these bustling hubs, with condominiums emerging as an attractive choice, given their affordability in comparison to traditional single-family homes.


                    Besides, the middle class in Malaysia is growing, and this group of people is increasingly looking for housing options that are convenient and luxurious. Condominiums offer a good mix of both, as they are typically located in central locations and offer amenities such as swimming pools, gyms, and security guards.


                    • The emergence of co-living spaces

                    Co-living spaces have emerged as a game-changer in an era of flexibility and shared experiences. These dynamic living arrangements provide an alternative to traditional housing, catering to young professionals and fostering a sense of community.


                    • Green and Sustainable design

                    Malaysia's growing concern for the environment has given rise to sustainable design practices. Energy-efficient appliances, rainwater harvesting systems, and green rooftops are becoming more common, reflecting a collective commitment to combatting climate change.


                    • Smart home technology

                    The advent of smart home technology has reshaped how Malaysians interact with their living spaces. With a few taps on a smartphone, residents can adjust lighting, temperature, and security, creating a seamless and futuristic living experience


                    • A Competitive Rental Arena

                    With an expanding array of rental options and a growing tenant base, the rental market has transformed into a dynamic and competitive arena. The increased availability of rental properties and a corresponding surge in tenants actively seeking homes have heightened the competition for the perfect living space.



                    • The Change of the Tenant Pool

                    A surge in young professionals and families seeking rental properties, along with an influx of foreign nationals, has reshaped the tenant profile, creating a mosaic of diverse individuals and families.


                    And here's something revolutionary for tenants! Imagine stepping into a new home without fretting over hefty deposits. With BlueDuck Zero Deposit Program, finding your new place is hassle-free, making homes easier to rent than ever! 


                    Contact us today to know more: http://bit.ly/heyBD

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                    What are the potential benefits of Malaysia Madani Economy for the property market?

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                    Malaysia announces a new economic framework, 'MADANI Economy: Empowering the people.' MADANI is the acronym for the core values: keMampanan (Sustainability), kesejAhteraan (Prosperity), Daya cipta (Innovation), hormAt (Respect), keyakiNan (Trust) and Ihsan (Compassion). This visionary framework aims to focus on two critical areas: propelling Malaysia into a leading Asian economy and enhancing the overall quality of life for its citizens. 

                    As the nation embraces this ambitious roadmap, the property market is set to experience significant benefits and transformations. Let's delve into how the MADANI Economy can bring prosperity and growth to the Malaysian property market.


                        1) Property Tax Cut

                    Under the Madani Neighbourhood initiative, there is a 25% property tax cut for affordable homeowners in Kuala Lumpur. The affordable homes under this initiative are priced at RM150,000 and are designed for families with a monthly household income below RM5,000. 1 2 The units will be 700 to 750 square feet in size. The Madani Neighbourhood is the right move to help B40 and M40 groups own a home.


                        2) Economic Growth


                    The Madani Economy framework aims to drive positive change in Malaysia's economy. By focusing on becoming a leading Asian economy and improving the quality of life for the nation, it can create a favorable economic environment that can positively impact the property market.


                        3) Infrastructure Development


                    The Madani Economy framework may also prioritize infrastructure development, which can enhance connectivity and accessibility. Improved infrastructure can increase the value of properties located in well-connected areas, attracting investors and buyers.


                        4) Foreign Investment 


                    A strong and stable economy driven by the Madani Economy framework can attract foreign investment. Foreign investors may see Malaysia as an attractive market for property investment, leading to increased demand and potential growth in the property market.


                        5) Capital Gains Tax


                    While not directly related to the property market, it is worth mentioning that there are discussions about implementing a capital gains tax in Malaysia in 2024. This could impact property investors and influence investment decisions in the property market.


                    Let us look forward to a future where Malaysia's property market flourishes under the influence of the MADANI Economy, elevating the nation to greater heights and enriching the lives of its citizens. The journey has just begun, and the prospects are bright as we venture into a new era of economic empowerment and progress in Malaysia.

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                    Tips to be a Master SiFu in maintaining a GOOD CREDIT SCORE?

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                    🎉 Welcome to the world of credit scores! where numbers hold the key to your financial dreams! It determines whether you'll be granted loans, get better interest rates, and unlock a world of financial possibilities.

                    Get ready to unleash your credit superpowers as we guide you through maintaining a top-notch credit score!



                    #Tips 1 -  Pay Your Bills on Time

                    Paying your bills on time is crucial. It shows lenders that you are responsible and reliable when it comes to managing your financial obligations. One way to ensure timely bill payments is by setting up reminders or automating payments. 

                    For the rental payment, you can use a convenient online service like BD pay by BlueDuck. With BD pay, you can set up automatic rent payments, eliminating the risk of forgetting or missing the due date. This not only ensures that your rent is paid on time but also improves your creditworthiness. And TA-DA, you can stay organised, reduce stress, and keep your credit score in good shape.


                    #Tips 2 -  Keep Credit Card Balances Low

                    It's recommended to utilize less than 30% of your available credit limit. Why is this important? Well, maxing out your credit cards or using a large portion of your available credit can signal financial strain and raise concerns for lenders.

                    When you use a high percentage of your credit limit, it may indicate that you rely too heavily on credit and may have difficulty managing your debts.


                    #Tips 3 -  Maintain a Long Credit History

                    Keep your older accounts open and active because they contribute to the length of your credit history. Closing them can shorten your credit history and potentially lower your score. So, hold onto those older accounts to show lenders your responsible credit management over time.


                    #Tips 4 -  Have a Diverse Credit Mix

                    Having credit diversity means showing lenders that you can handle different types of credit, like credit cards, loans, and mortgages. This demonstrates your ability to manage various financial responsibilities. By having a mix of credit accounts and responsibly managing them, you prove that you can handle different payment schedules and terms associated with different types of credit. This enhances your credibility and can lead to better borrowing opportunities and terms.


                    #Tips 5 -  Be Cautious with New Credit

                    It's important to only apply for credit that you truly need and choose wisely. Applying for too much new credit at once can temporarily lower your credit score. So, take the time to research and compare your options, and only apply for credit that aligns with your needs and financial goals.

                    For instance, if you're applying for a credit card, consider factors like annual fees, interest rates, rewards programs, and payment flexibility. Choose a credit card that aligns with your spending habits and financial goals. 

                    🎉 Congratulations on unlocking the secrets of maintaining a top-notch credit score! for an even better financial future, check out BlueDuck Zero Deposit. It helps you manage your finances while saving up to *85% on move-in deposit. With BD pay, you can pay rent on time and boost your credit score. 

                    Get ready to soar towards a brighter financial future with BlueDuck Zero Deposit by your side! 🚀✨

                    *T&C Apply

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                    Find Your Perfect Rental with the Best PERSONALIZED Zero Deposit Program in Malaysia

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                    [Updated on 11 July 2023]

                    Are you ready to embark on your exciting journey of finding the perfect rental? We all know how crucial it is to have a place to call home that suits your needs and budget.

                    Here's the catch: traditional rental processes often require a hefty upfront deposit, making it challenging for many of us to secure a dream home. 

                    BlueDuck comes to the rescue! We are here to share a game-changing solution – a personalized Zero Deposit Program subscription designed specifically for you, he or she, and everyone!



                    Forget about the Fixed Price Package 

                    After we received all the precious feedback from our dear tenants, instead of a fixed package, we now transformed to a flexible subscription to BlueDuck Zero Deposit Program. 

                    This change demonstrates our dedication to treating every tenant fairly and providing tailored experiences.

                    How does the Personalized Pricing works?

                    Credit score tells a more comprehensive story about your financial responsibility. Hence, the ZDP subscription fee varies from 15% - 22% of 3 months guarantee which will depend on our BD Scorecard, which a tenant's credit history, behavior and rental details that is supported by BD very own algorithm. But don’t worry, we will help you to check your scorecard once you are verified with our tenant profile.


                    We categorized tenants into 4 categories: Standard, Excellent, Foreigners and Subprime Tenants.

                    1) STANDARD

                    • 21% of the total 3 months guarantees

                    2) EXCELLENT 

                    • Enjoy a 3% discount! Subscribe with only 18% of the total 3 months guarantees

                    3) FOREIGNERS 

                    • Subscription fee = 22% of the total 3 months guarantees

                    4) SUBPRIME 

                    • Tenants with a history of running away OR inconsistent rental payment record will not be eligible for the program. We have strict measures in place to ensure the safety and integrity of the rental process.

                    Still confused? Let’s have an example here… your rental deposit is RM5,000 for a RM2,000/month rental property. Instead of paying RM5,000 as the rental deposit (2.5 month deposit), you only need to pay RM1,260 to subscribe BD as a service to back you up on your rental deposit to secure your rental property excluding Tenant Profile fee and system fee! :)

                    Please note that for room rentals, it will be of 2months guarantee instead of 3months! :)

                    It's time to say goodbye to one-size-fits-all approaches and hello to a rental program that truly understands and caters to your needs. 

                    T&C Apply. Learn more here!


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