Malaysian real estate remains "good investment"

Property in Malaysia remains a good investment option for those from overseas, according to Wealth Mastery Academy. The training provider in Malaysia says that despite changes to the law at the end of last year, which doubled the minimum threshold for foreign purchasesto RM1 million, an influx of new homes across the country is boosting confidence in the market's appeal to international investors in the coming year.

Datuk Terry Ong tells PropertyShowrooms that Greater Kuala Lumpur, Iskandar Malaysia in Johor, Penang and Malacca are the most popular areas among buyers thanks to the number of new projects under development.

"The country also has a friendly policy for property investment," he added, "especially for foreigners."

"The RM1 million property floor price set for foreign buyers is still among the lowest offered in Asia."