EACH MONTH THE EXPAT SPEAKS TO PROPERTY EXPERT LC SEOW OF STARFISH TRAINING SDN BHD. THIS TIME WE LOOK AT HOUSE PRICES AROUND THE COUNTRY.
THE GENERALLY LOW pricing of real estate in Malaysia, combined with the fact that prices are on an upward trend, makes property an incredibly attractive investment. Like nearly every country in the world, prices for property in the capital are generally the highest as the laws of demand and supply dictate. However, using KL prices as a benchmark, how much would you expect to pay for property outside this major city?
Here, we have attempted to find out by asking real estate expert LC Seow to create a nationwide list of bungalow and terrace house prices. If you would rather live in a condo, fear not, we will be printing a list of nationwide condominium prices in a forthcoming issue. Turning to the chart, some of the best bargains, in areas that are popular with expats, are to be found in Melaka, where you can buy a small house in Jln Melor Bukit Baru for RM320,000.
The story is similar for terraced houses (also known as link houses), however, here the highest prices are not to be found in KL but in Penang where a 3,000 sq ft home on Gurney Drive will cost in the region of RM2,100,000. Johor offers some great bargains, with property in the Jalan Indah area costing a mere RM180,000. This is especially good value when you compare with the prices across the causeway.
We’ve long been saying that Johor is a great option for people who want to have access to all the delights of Singapore but maintain the charm – and prices – of life in Malaysia.
THE GENERALLY LOW pricing of real estate in Malaysia, combined with the fact that prices are on an upward trend, makes property an incredibly attractive investment. Like nearly every country in the world, prices for property in the capital are generally the highest as the laws of demand and supply dictate. However, using KL prices as a benchmark, how much would you expect to pay for property outside this major city?
Here, we have attempted to find out by asking real estate expert LC Seow to create a nationwide list of bungalow and terrace house prices. If you would rather live in a condo, fear not, we will be printing a list of nationwide condominium prices in a forthcoming issue. Turning to the chart, some of the best bargains, in areas that are popular with expats, are to be found in Melaka, where you can buy a small house in Jln Melor Bukit Baru for RM320,000.
The story is similar for terraced houses (also known as link houses), however, here the highest prices are not to be found in KL but in Penang where a 3,000 sq ft home on Gurney Drive will cost in the region of RM2,100,000. Johor offers some great bargains, with property in the Jalan Indah area costing a mere RM180,000. This is especially good value when you compare with the prices across the causeway.
We’ve long been saying that Johor is a great option for people who want to have access to all the delights of Singapore but maintain the charm – and prices – of life in Malaysia.
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