I have been an investor in the Malaysian real estate market for the last seven years or so. I am a regular seeker of Malaysia property and so I scour online resources and property portals such as iproperty, property guru and MetroSherpa.com. It’s hard work, but it’s all worth it – I have been getting about 10x ROI for each of my properties in Malaysia which I flip on average. It’s a good moneymaker, definitely!
What I Look For In A Malaysia Property
The answer to this question (which I get a lot) is pretty simple. A good piece of Malaysia property has to satisfy these criteria and more:-
- Good rental rates. This is a good indicator of property value. I tend to go for areas where there is high expatriate density, such as the Kuala Lumpur City Centre (or more famously known as the KLCC), Bangsar, and Mont Kiara.
- Good neighborhood. This is perhaps more qualitative than quantitative. Before I purchase a piece of real estate I would go and check out the neighborhood myself to get a good first-hand experience about the place. There are lots of property for sale which are of good value, but I still want to be sure that my real estate investments are validated qualitatively so that I can assure myself that it will all pay off.
- High capital appreciation rates. I profit by buying low and selling high. Here, I look at the history of the property prices in the same area. Does it have a good record of capital appreciation?
There are no hard and fast rules when it comes to finding a good piece of real estate in Malaysia to invest in, of course. Everything comes with practice! Also, if you are a redneck American like me who has never been to Malaysia then you will need to find a good local realtor or real estate broker to do the due diligence for you. Meanwhile, it’s also advisable to do some research online – PropertyReviews.my has got a good collection of impartial reviews of Malaysia properties. Check it out – I like it a lot!
I will share more tips and tricks on how to find the best real estate agent in Malaysia who will help you zero in the best properties to invest in. Watch this space!