Malaysia property still luring Singaporeans
Investing in Malaysian property remains a popular trend among Singapore-based buyers with the city-state accounting for more than half of the foreign property purchases across the causeway last year. Malaysia is attractive to buyers and investors in Singapore because of the minimal foreign ownership restrictions, high capital appreciation potential of up to 15 percent, high return of investment potential and the favourable currency exchange rate. Banking on that strong interest, Asias leading real estate portal PropertyGuru will be hosting another Malaysia Property Show at Marina Bay Sands next month. Now in its 10th instalment, MPS will showcase more than 20 residential and commercial developments from major hotspots such as Klang Valley, Penang, Malacca and Iskandar Malaysia (Johor), with at least 14 top developers from Malaysia including Hatten Group, IJM Land, Mah Sing Group, Tropicana and UEM Sunrise taking part in the event. The show will also feature an investor forum called Unlocking the Top Investment Areas: Developed Urban Areas in Malaysia, as well as a range of informational seminars and presentations from leading market experts. Among the featured speakers are Michael Geh, Senior Partner at Raine & Horne, who will talk about Malaysian valuation and property management standards; and Liew Ooi Hann, Chief Executive Officer at SaveMoney.my, who will discuss How Cool is Malaysia vs Singapore and Cost impact to Buyers. A seminar about Iskandar and its commercial property opportunities will also be conducted by En Muaazam Mahmud, Senior Vice President for Stategic Marketing at Medini Iskandar Malaysia Sdn Bhd. The two-day event will take place on Saturday, September 13, and Sunday, September 14, from 10am until 7pm daily at Marina Bay Sands Convention Centre, Jasmine Ballroom, Level 3. Pre-registration for the show is recommended, and interested parties can do so at: bit.ly/XXbmIK Image: The property seminars at MPS always draw large crowds. Nikki De Guzman, Journalist at PropertyGuru, wrote this story. To contact her about this and other stories, email nikki@propertyguru.com.sg
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