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
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:
3) Cheras, Kuala Lumpur
Cheras took the third spot for most transactions in H1 2022, indicating its popularity among buyers and investors.
5) Damansara Heights, Selangor
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).
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.
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
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