Banyan Curve Futher Info
Real Estate in Malaysia
For a long time Malaysia has been popular with property purchasers and tourists.
Malaysia offers an exotic holiday destination, combining high standards with a rich culture and a country of stunning natural beauty. However today, because of a government initiative the real estate market in Malaysia is taking on a new dimension.
This new initiative is called the Ninth Plan and is to make constructive changes to the country's infrastructure. There is a positive rate of economic development in Malaysia, including foreign investment which confirms political analyst's beliefs in the future success of the property market in Malaysia.
One of the key benefits of buying property in Malaysia, unlike in some other Eastern countries, is that your property purchase in Malaysia is 100% freehold. Thus avoiding complicated legal processes involving local nationals in order to effect your purchase. However it should be noted that rental properties are usually leasehold and in the case of the Banyan Curve the lease is for 99 years.
Investment in Malaysia has been made as simple as possible for the foreign investor, by the government relaxing property ownership rules and introducing tax incentives. The Ringgit (RM ) is inexpensive against the pound and other currencies for that matter, and hence makes investment in sound developments in Malaysia extremely attractive. The beautiful coastline around Port Dickson has become one of the two major property market areas in Malaysia. Analysts say that reasonably priced properties can expect sustainable growth above 15% and that rental yields will be around 7 to 8%.
The Banyan Curve offers a guaranteed 8%.
Hence, all of the above, combined with increased low cost air services and low prices are attracting new investors as well as the established Asian and US investors. Malaysia is now in the minds of investors world wide with an increasing trend towards European investors.
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