1. Malaysia new government said all big infrastructure would be reviewed again, including the KL SG rail ... which means there would be a delay n over budget or even cancel
2. Malaysia is the only country required buyers to full paid the flat according to the building milestone before the flat is completed (樓花期已要full paid)
3. USD appreciation in coming future (my foreseeable only)
4. Foreigner must buy flat greater than MYR1M in KL, while local ppl can buy cheaper flat, which means if u are local, u hv choice to pick a cheaper flat ... which may means the one to rent or buy your flat in future, most likely would be foreigner only... so if foreigners don’t invest in Malaysia , u will hv big problem becoz u don’t have both 內外需
why KL Becoz this is the CBD/core of the capital city ... can I buy the core of HK? NY? SF? London? Tokyo? Toronto? Sydney? Auckland? Even CBD of BJ/SH and SZ 我都買唔起
The land of the CBD of a capital city is never with unlimited supply ... hmmm... and this is the difference ...
So I m not looking at how good/bad is a country at the moment, China was not good before , right ? I m looking at the supply of the land ... and the development of the country
Additional points for concern :
1. Exchange control
Without approval from Government you cannot remit $ out of Malaysia. This has been implemented since around 1998 Asian financial crisis.
2. Value added tax
Even if your flat / house / property rises in value and you earn $$$, you must settle and pay value added tax before you can remit $ out of Malaysia.
3. Law and order
Apart from corruption, pls check local newspaper for local news.
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