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Follow on Google News | Buying property in Malaysia Now Made Easy with DSRDSR Asset Management Ltd one of the UK's leading overseas property investment companies, discloses more reasons why you should be heeding for Malaysia property.
By: Rebecca Sale Malaysia is poised to soar to greater heights despite global slowdown. The country continues to experience an influx in tourism from Asia's rapidly expanding middle class. Kuala Lumpur is now at par with any of the world's great capital cities. Despite rising cost of building materials, new developments in Malaysian property are being unveiled in the country. Just recently, DSR Asset Management Ltd treated local and foreign residents with luxury off-plan apartments that feature unique luxuries like private lobby and elevators, great restaurants, high-end shops and boutiques and even international schools. Martin Foster, Investment Risk Analyst for DSR Asset Management Ltd narrated his views of Malaysia as a potential investment property . "Malaysia grows because Asia is growing, not least through regional and medical tourism, the former increasing by around 20% per year, as the Asian Middle Classes grow, (In India, the number of people earning more than $5000 will double to 20million in the next two years), through new employment, promotion, and rising affluence in start-up businesses". While this development is most likely to benefit local residents and tourists, this will also allow more foreigners to take advantage of buying property in Malaysia. Malaysia offers finance on your purchase of Malaysian property, offering as much as 70% loan to value. Malaysia also grants automatic residency to foreigners buying property in Malaysia. Aside from these, Malaysian property is free from inheritance or gift tax and capital gains tax. # # # DSR Asset Management Ltd one of the UK's leading overseas property investment companies, discloses more reasons why you should be heeding for Malaysia property. End
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