Skip the stock market roller coaster and dig into more tangible treasure with real estate! Turn towering concrete into, well, a concrete form of investment. But first, you’ll need to pay upfront — in the form of homework, that is. So stop the doomscrolling of market crashes and crypto fraud because we need less drama and more dividends in our lives! By taking your time with the initial groundwork, your property may just stack up to become a rewarding source of income.
Location, location, location
Cliché, but true. Whether you’re buying to hold, flip, or rent, getting to know the turf is key. Doing a sweep of the area just makes good sense: what amenities and other developments are in the vicinity? We’re talking schools, universities, hospitals, public transportation, and shopping centers — everything that makes a thriving economic hub.
Properties in prime locations are a plus point — 8 Conlay, being in the heart of Kuala Lumpur, ticks all the boxes! And the bonus? We are retail therapy and luxury living all rolled in one! Conveniently just a stone’s throw away from all the important spots such as the Conlay MRT station, the glittering KLCC and Petronas Twin Towers, and Prince Court Medical Centre, one of the top hospitals in the country, city life will definitely be smooth sailing.
Stay in touch
With multiple players in the market, the world of property is your oyster. But scoping out who’s who in real estate in the country is a must, and this way, you can also stay on top of the latest local market trends. Well, you can simply buy a home, or you could view this as an investment in your future fortune and make a pretty penny!
But hold on — online research still means there’s a screen between you and firsthand information. Attending property exhibitions and seminars is useful to see the real deal and gather your own unbiased intel, and you can even build relationships with real estate agents and developers. Another secret weapon: social media! Get the latest updates, and maybe even score exclusive gifts and get insider access to the latest events. (Hint: look up both KSK Land and 8 Conlay!)
A helping hand
It really takes a village, even in property investment. And why not — it is serious business indeed, so stay sharp and level up your game! Keeping an eye on government policies and initiatives that may impact the property market, such as changes in tax laws or new infrastructure projects, will go a long way. For instance, skyscrapers built as office spaces become buzzing bee hives, attracting diverse talent, boosting businesses, and making the whole neighbourhood thrive!
For overseas investors, think big: opt for the Malaysia My Second Home Program (MM2H) or the Premium Visa Programme (PVIP) to gain residency in Malaysia while purchasing property. Imagine chilling by the poolside after a cafe crawl with a Malaysian residency in hand AND snagging a sweet property — this could be you! But if baby steps are more your pace, just dip your toes in with a sensational summer getaway in Malaysia.
Remember, knowledge is power! So keep calm, carry on with your due diligence, and you’ll be safe as houses.
Source:
https://iqiglobal.com/blog/property-investing-strategies-malaysia