Best Locations for Property Investment in Malaysia: A Comprehensive Guide
Real estate investment is perhaps the only business where the much quoted adage ‘location, location, location’ actually holds water. Location of property can either make or mar a property in terms of value, market appeal and possible rental yield. This is especially true of Malaysia where the physical geographies reflect a diverse condition of the country with increasing economic activities. Where, then, is perfect for property and what criteria should one use in the search for the best location Malaysia property? Let’s dive in.
Contents
Aspects Determining a Good Site
Everyone has their unique ideas about where it is appropriate to invest and what type of property is best to achieve the goal. But some commonish features are always significant in a given location in the property market. Such factors are; accessibility and availability of infrastructures, demand, and host country habitability.
- Accessibility
In most cases, properties that are situated close to arterial roads and highways together with necessary public utilities are worth more. Availability of these facilities help cut out door travel time and essentially make the property more attractive to any potential buyer or tenant.
- Infrastructure
An area with a good transport network like well paved roads, good water and electricity supply and other physical facilities and amenities are preferred. This is due to prioritized development around MRT and LRT stations, airports, or core business districts in the country.
- Demand and Supply
The regions, which need more property but have fewer numbers, are called “hot zones”. These locations often offer greater cap rate and higher long term appreciation rates for the property.
- Livability
This means that there are those who are learning, working and residing in region that have good quality of life. Livable conditions such as an environmentally clean environment, provision of physical features such as green areas, and outstanding community places and colours amplify liveability and property attractiveness.
Proximity to Amenities
Location is the most important factor when selecting property. Any area closer to basic facilities is more suitable for investment purposes. Here’s why proximity to amenities matters:
- Educational Institutions
While choosing locations for their homes families are usually concerned with the property’s distance from good schools, colleges and universities. Kindergarten near international schools or other established universities in Malaysia including Taylor’s University or University of Malaya are popular.
- Healthcare Facilities
Another core factor is of course the availability of standard healthcare centers. Property nearer to well established hospitals such as gleneagles kuala lumpur or Pantai Hospital sometimes attract premium prices.
- Shopping and Entertainment
The characteristic feature of the property which is near the shopping centers, cinema, restaurants, and recreational facilities is more attractive to the different category of the people. Indeed, places like Pavilion Kuala Lumpur, Mid Valley Megamall or Gurney Plaza in Penang, help a lot when it comes to deciding which location to choose.
- Public Transport
Places within walking distance from MRT/LRT stations, stations or bus stop, for example, areas around Klang Valley MRT lines, are ideal for working people.
Growth Potential
Without a doubt, one of the most important criteria of property investment is the opportunity for its subsequent appreciation. This is an implication that an area of location with good prospects yields impressive returns in the long run. But what drives growth in the property market anyway?
- Economic Development
What is more, spatial mobility often tends to happen in areas experiencing rapid economic growth, which results in the growth of property values. For example, because of Iskandar Malaysia, a huge economic area created to propel the economy in the region, cities such as Johor Bahru can attest to a rising demand.
- Urbanization
They are the areas that experience growth of infrastructural facilities, commercial buildings and population growth. For instance, Cyberjaya, which is aimed at transforming into Malaysia’s tech city, has recorded rising attention among the IT companies and youths.
- Future Projects
In some cases, the milestone might not be a finished structure, so be sure to look for the next projects like new highways, airports or commercial centers. For example, the East Coast Rail Link (ECRL) project to raise property demand in places it will link to.
- Tourism
Several tourism cities including Langkawi, Penang and Melaka will remain vibrant throughout the year because of high local and foreign tourist arrivals.
Safety and Community
Security and belonging secure the best place for property in Malaysia to enjoy rapid development. Here’s how these factors play a role:
- Low Crime Rates
Those areas with low incidences of crime, containing private estates with gates, and areas with high concentration of people reinforcing heightened security are more preferred. Some of the literate places to live comprising Bangsar as well as Mont Kiara in Kuala Lumpur are quite safe places.
- Community Engagement
Community attachment, indeed, adds value to a neighborhood. Earnings, markets, and geeing are parts that create energy throughout the day for those who are either carrying their families or themselves as individuals.
- Family-Friendly Environment
Rec stuff like parks, playground, and community facilities are also an advantage, particularly if you have young kids.
- Environmental Quality
Places that boast of having clean air, little noise pollution and lots of trees are considered better. For example, Damansara Heights is one of the new suburb’s that are considered to be rather luxurious yet quite quiet and peaceful.
Top 5 Best Investment Locations in Malaysia
Having discussed the parameters of the good location, let’s take a look at some of the best places to invest in properties in Malaysia.
- Kuala Lumpur City Center (KLCC): Being one of the fastest-growing cities in Malaysia, KLCC is advantageously located to provide exceptional proximity to elite services, business spaces, and transport links. From the perspective of its occupants most properties here are considered ideal for expatriates, professionals and Investors.
- Penang: Popular for its diverse heritage and cultural backgrounds, Penang relates well with the property market. For example, real estate interest in GeorgeTown and Batu Ferringhi is rather high among residents and businesses alike.
- Mont Kiara, Kuala Lumpur: Mont Kiara is one of the best locations for property investment, with international schools, luxury condos, and an active community, especially for expatriates.
- Johor Bahru: Johor Bahru is seen as an ideal investment location for properties such as land and factories, given its close distance to Singapore.
- Cyberjaya and Putrajaya: These areas are being considered for the planned infrastructures, lack of greenery and envisaged to become administrative and technology centres.
There are many aspects one needs to make a decision on when looking at venue Malaysia property amongst them include convenience, utility, growth rate and security. Every place has its special appeal and the relevant benefits, that is why one should be consistent with the choice made – for dwelling, or for investments.
The property opportunities spread across Malaysia can be wide-ranging, with opportunities in the metropolitan city of KLCC or in the more laid-back Penang or the buffedTech city of Cyberjaya. As you follow the right factors highlighted here, you will be able to make a right decision, one that will cater for your needs and at the same time meet all your property needs.
For those who are unfamiliar with the Malaysian property market investment, knowing the factors that can make a location ideal for investment may actually be a winning formula for enjoying real value in the Malaysian property market. Thus, make sure you read a lot, choose your strategy, and buy the property within the area that offers comfort and good revenues. Contact Joan, one of Aczeon Property Agent for more info.
