
There’s the good – maximum 4 per cent purchase fees, mortgage availability and no CGT in Malaysia when you sell; the bad - tax on rental income is 28 per cent; and the ugly – political instability and high inflation.
An oversupply and a slowing market do not good bedfellows make. GlobalPropertyGuide.com calls ‘inflation-adjusted figures will show price falls’. Others claim Malaysia will return to a boom market in five years. Such divergent views shout: ‘proceed to buy with extreme caution’.

Income tax on rents is a high 28 per cent but average gross yields in Kuala Lumpur of 7.47 per cent (and as much as 9.22 per cent for 120 sq m apartments) are attractive, according to GlobalPropertyGuide.com. (No stats for holiday resorts.) Holiday lettings website holidaylettings.co.uk has 21 properties on its books in Malaysia – most in Penang. Prices start from as little as £200 per week for a condo that sleeps six.
Amanda Lamb is on her travels finding you the ideal location for your new house
Your Comments
Post your comment
Please note: In order to post a comment you need to be registered and logged in to Channel 4:
Sign In Here or Register Here
Comments closed
Comments are closed at the present time
Comments
Thank you for your comment!
Your message will be reviewed and the best ones will be published below.
If you intended to make an official comment to Channel 4 please contact us.