What is the Current Property Trend of Malaysia? Latest as at 2015!
Malaysia’s property prices for 2014 is stagnant in short term with longer term up trending despite world’s situations due to oil prices and bank tightening in mortgage facilities. For 2015, the trend will be somewhat similar to 2014. More and more investors are interested investing in property fund which potentially generate 8 to 10% yield. Register to find out more, please know more of 2015 Malaysia Property Investment Opportunities.
In Malaysia, the local demand for property by Malaysians is huge with up-grader and young families getting richer. The fundamentals driving the property market’s growth in recent years have not changed where the younger population is still leading to new household formation, a rising middle-income group, the supply-demand gap and stable employment in Malaysia. The majority of 95% of the total properties investment in Malaysia are still by the local Malaysians, only 5% are from the foreigners. The price fluctuation in Malaysia despite all happenings worldwide has not seen due to this fact. Foreigners are now focusing at Iskandar besides Kuala Lumpur.
As a foreigner, is it advisable to know more on “what is the current property trend of Malaysia” before you start to invest. Malaysia allows foreigners to enjoy same privileges as Malaysian in many advantages to own a property, find out more!
Malaysia currently enjoying continuous economic growth potential and with recent 2014 world ranking approved in business and banking sectors and being one of the top list for Foreign Investment Destination in the world and Asean will encourage many more foreigners eyeing their investment in Malaysia real estate! Find out more about Malaysia’s recent good news and why Malaysia is a place to invest now!
Malaysia’s property price index has been steady over the years despite constant hiccups of world crisis. This mainly due to continuous high demand for properties with only about 3% foreign participation in the property market. The local demand tandem with the wealth and prosperity growth over the years in Malaysia. Below is the latest House Price Index for 2010 to 1st quarter 2013 of 4 major cities in Malaysia:
Malaysia Property Price Vs Property Prices in the Region
Though property price in Malaysia has increased slower than other countries but upward trend has been steady and consistent. The current price is among the cheapest in the region! [Read: Why Invest in Malaysia Property?]
Malaysia Property Price-Rental ratio Vs Rental Prices in the region.
Malaysia rental return takes only 16 years, one of the better return yield proven as comparison to other countries in the region!
The above data are obtained from these sources:-
- Bank Negara Malaysia (Central Bank of Malaysia)
- Real Estate and Housing Developers Association (REHDA)
- National Property Information Center (NAPIC)