If there was a choice, and you could only afford one and not both, which would you all prefer to invest in, Malaysia or Brazil, and why?
Hi Nick,If there was a choice, and you could only afford one and not both, which would you all prefer to invest in, Malaysia or Brazil, and why?
But where is the demand coming from - who are all these houses being built for? Why is the demand so high, is it going to remain high and why and how do you know you'll be able to sell on your property when it has been built?Malaysia...and especially Johor...that is where the next Asian gold mine is...with the fast development here, low taxes,benefits and full support from the government, huge and specious land for you to choose from, clean environment, friendly local people...and most importantly,,enormous business opportunity..what could be much better than this?
Malaysia is a big country...there's plenty of places that could be considered to invest in...Johor is such an example..there's a program by the government that targets international investor's..Johor is only 20 minutes from Singapore..and nowadays,many singaporean bought houses and even land in Johor..this is due to the currency..so, the demand in real estate are more likely from the Singaporean..People in Singapore had choices whether they wanted to live in a condo, or a big houses with the same or even less amount of moneyBut where is the demand coming from - who are all these houses being built for? Why is the demand so high, is it going to remain high and why and how do you know you'll be able to sell on your property when it has been built?
This is the crucial step which has been forgotten in many bubble markets. Assuming you can answer these questions then by all means Malaysia may well be a good market to invest in however when I was researching it although there was a high demand from Bumiputra investors are not allowed to buy and then resell to Bumiputra as each development had to have a portion of the units set aside specifically to be sold only to Bumiputra so who do investors sell on to? Other investors?
Until someone can explain where the demand for Malaysian property is coming from I don't see the enormous business opportunity.
Once again I say If we are talking about holiday homes, I think Malaysia may even offer buyers more facilities to move there than Brazil. So you just need to decide which country and cultures suit you best - each is very unique but totally different one to another.
I have family who work for the Malaysian government and I hope to get out there and visit them soon but I haven't been personally yet but from what I hear it's a fantastic country and I'm sure many people would love to live or have a holiday home there.
But until there is a sustainable, realistic demand for housing which is increasing the value of property as an investment destination, I don't see how it can be compared.
Yes, I work in Real Estate!