There are plenty of wonderful locations in Malaysia that speaks to you – whether you’re looking for an investment or a home, the same “location, location, location” rule applies. We’ve rounded up the five most popular cities for real estate investment in Malaysia to get your money’s worth.
An amalgamation of culture, food, history and modernity, Penang has attracted waves of visitors for decades due to its long-standing history as a famous port and trading island in the early 1900s. Labeled as a UNESCO World Heritage Site, it retains its charming historical buildings amidst modern architecture, and its island geography make it a particularly popular spot for vacationers and expats. Properties in Penang has boomed over the years and continues to attract buyers due to its profitable growth.
2. Kuala Lumpur
The capital of Malaysia, Kuala Lumpur naturally attracts people from all over. It is modern yet full of character, humble yet a melting pot of people from around the world. It has become more popular as the main connecting city for flights across Southeast Asia but has also attracted a good number of expats through business, with many of them residing in the many serviced apartments or condos within the KLCC area. With a healthy economy and rising standard of living, many are flocking to invest here.
Formerly a sleepy mining town, Ipoh boasts amazing landscapes and surrounded by hundred-year-old limestone formations. Today, it is a welcome respite from the hectic pace of bigger cities. With friendly locals, great local food and a blossoming town, investors are beginning to show interest in the quiet, peaceful properties found in Ipoh.