Overseas property news - Budget flights for malaysia

Budget flights for malaysia

The Malaysia property market has been boosted by the launch of a new budget airline service...

Air Asia X has started a new service offering flights five times a week from London Stansted to the Malaysian capital, Kuala Lumpur.

The company has already sold 50,000 tickets priced between £149 and £199 one way, compared to typical prices of £300 charged by other airlines.

John Scott, Director of Southeast Asian property specialist, Asset Property Brokers, said: "This is good news for those thinking about investing in property or seeking a property in Malaysia.

"Although property price rises have slowed inline with the global downturn, Malaysia's property market has been more robust than most.

"The launch of this new airline service will add a further boost to Malaysia¹s booming tourist industry, driving up occupancy rates and yields of well located and managed hotel property projects."

A record 22 million people visited the country in 2008, up five per cent compared with the previous year, making it Southeast Asia's top tourist destination.

Source: www.homesoverseas.co.uk/news

© www.propertyo.com All Rights Reserved.24 Jacks Place, Shoreditch, London, E1 6NN.
Terms & Conditions | Privacy Policy