Thursday, December 21, 2006

No approval required for properties above RM 250k

For foreigners who are interested to buy Malaysia properties with price tag above RM 250k, approval from Foreign Investment Committee is waived.

Tuesday, December 12, 2006

Investing in Malaysia property from a Brit's perspective

If you are a non-resident of Malaysia and would like to retire in a warm and affordable place, consider Malaysia. Don't take my words. Read the article by Andrew Lomax, a Brit.


Photo of Port Dickson's Lagoon, south of Kuala Lumpur by MagnusCaleb




Another reason for buying property in Malaysia is potential capital appreciation of your property in Malaysia against major currencies. Malaysia Ringgit has gained strength since late 2006, e.g. less Malaysia Ringgit for each unit of foreign currency. See currency charts below:
Malaysia Ringgit per US Dollar
Malaysia Ringgit per Canada Dollar
Malaysia Ringgit per British Pound
Malaysia Ringgit per Singapore Dollar

Port Dickson photos in flickr.com



Photos of Port Dickson


Photo by MagnusCaleb