Key points to success in Malaysian Property investment
Most of the properties bought by the Japanese were resold to local buyers. Therefore, it can be assumed that it will be difficult to resell the property if the property is not popular among locals, and it will be difficult to resell it at the desired asking price.
Many properties bought by investors are not for their own stay(residential), but most of the investors want to use the properties for rental and resell them when the price increases. You will face difficulties in both renting and reselling the property.
In KL, prices of properties in the suburbs with good access to highways and close to train stations are increasing more than those in the city center. In terms of renting, the rental market for properties in the city center is limited, and many owners have difficulty in renting their properties. Careful selection is necessary when choosing properties in the city center.
The reasons are:
1) There are very few locals living in the city center (actual consumer group), and most of the property owners in the city center are investors;
2) Most of the tenants are foreign expatriates, including Japanese, and most of them are factory workers, and their workplaces are located in the suburb areas, there are few expatriates who rent properties in the city center area.
most tenants are foreign expatriates, including Japanese, and many of them work in factories in the suburbs, causing only a small number of expatriates are renting properties in the city centre area.
Developers’ branding is also progressing in Malaysia. Properties built by a reputable and well-established developers have better concepts and finishing, and in many cases, the properties’ values are maintained even after completion. In addition, tenants tend to be attracted to properties developed by by a reputable and well-established developers. The following companies are popular as developers.