Property in Malaysia Favourite with Middle Eastern Investors

The Central Bank of Malaysia has just released its official findings relating to third quarter 2006 growth patterns in Malaysia and their figures indicate that the nation is continuing its recent trend of steady growth and that the real estate sector is just one of a number of sectors that have been significantly boosted particularly as a result of foreign direct investment.

It seems that in particular property in Malaysia is favourite with Middle Eastern investors who are seeking a nation offering them impressive investment growth potential, an opportunity to dominate the luxury property development landscape, a location where infrastructure is improving, where the investment climate is sufficiently transparent and ripe, and more importantly, where there is access to sophisticated Islamic finance solutions.

Middle Eastern citizens have long favoured Malaysia as a holiday destination and now that the nation has an exciting and emerging property market as well as a strong and stable economy that recorded real gross domestic growth expansion in Q3 2006 of 5.8%, it has become the latest destination for focus from property investors in the Middle East. 

In the past year alone two significant individual investors from the Middle Eastern region have committed well in excess of USD 500 million into three landmark projects in Malaysia, and finance and property analysts are adamant that more funds will flow.  Currently of particular interest to Middle Eastern property investors seeking maximum potential and diversification is the Malaysian Government backed Iskandar Development project in the southern Johor state which requires some USD 13 billion of investment into projects relating to everything from tourism to luxury living.  This project is high profile which fits the approach for many Middle Eastern investors who seek maximum profiling of their investment commitments.

Basically Malaysia is the region’s leader in terms of attracting property investor interest especially from the Middle East.  The nation allows for the foreign freehold ownership of real estate with an excellent legislative framework in place that is conducive for the attraction of foreign direct investment, furthermore its banks offer superior and fully compliant Islamic financing opportunities which neighbouring nations such as Indonesia and Thailand currently do not. 

As Middle Eastern interest intensifies so the profile of property in Malaysia as a viable and attractive investment commodity is raised – this means that it’s highly possible that the nation is about to witness a wave of foreign direct investment commitment into the real estate sector…watch this space!

Special Reports: Property News for Malaysia

Malaysia Property Buyer’s Country Guide
Luxury real estate developments across Malaysia are attracting international interest from property buyers attracted to the scope in the market.

Malaysia Property Buying Process
The Malaysia property buying process is relatively straightforward, but raising local finance to buy Malaysian real estate is time consuming

Malaysia Property Investment Potential
Property investment opportunities in Malaysia offer strong rental yield potential and real estate investors draw confidence from Malaysia's strong economy