Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Friday, January 11, 2008

Foreigners hunting for M'sian properties go online first

There is a lot of foreign interest in Malaysian property, normally for high-end assets, and the bulk of them turn to the Internet first when starting their search.

About two-thirds of foreigners go online first when they are looking to buy property abroad, an online survey by Group revealed.

"The Internet featured prominently as the tool of choice, with 95 per cent of overseas investors using it to hunt for properties available for sale," executive chairman Patrick Grove said.

Foreigners also use the Internet to research market trends, find out more about developers and look for real estate agents.

The typical overseas property investor is a professional or a senior executive, with an annual household income of well over US$40,000 (RM130,800).

Malaysia, alongside Singapore and Thailand, features among investors' top choices for property investments, the survey showed. Group conducted an online survey of 2,066 local and overseas property buyers looking for investment opportunities in Asia, from November 15 to December 31 2007.

Dubbed "Asia Property Trends Survey 2007", the results are to be released in two parts.

By New Straits Times

1 comment:

Unknown said...


Would you like to exchange links with

you can contact me at doug [at}