If you want to invest in real estate, make sure you first check the list of the property hotspot in Malaysia 2020. Property hotspots pertain to places (usually suburb) where massive economic growth and development is foreseen.

Since there will be an influx of people going to different property hotspots, this means a better opportunity for you to invest in property.

Indeed, once you invest in a property hotspot in Malaysia, you are assured to make a good investment!

Things That You Must Know Before You Invest in Property Hotspot in Malaysia

While it is true that Malaysia has lots of property hotspots, you cannot be too complacent. In other words, there are other factors that you still need to check. The following are some of the significant factors that you need to consider before you lay your investment in a property hotspot in Malaysia this 2020.

1. Be Cautious when investing. Since you need a considerable amount of money if you want to invest in property, you need to have a very reliable source of finances. However, if your resources are limited, you have no other option than to leverage your funds through a mortgage.

But you have to be very careful in sealing a loan agreement. Make sure that the interest rate of the lease is reasonable, and the duration of payment is flexible.

2. Diverse Real Estate Investments. There are lots of ways that you can earn through real property investment. Some of these include engaging in mortgage bonds, real property stocks, and Real Estate Investment Trust (REIT).

3. Choose for New Construction. You must remember that it is better to invest in building new establishments rather than capitalizing on aged structures. This is because if you construct new buildings, you get to check significant information upfront, including land titles, building permits, and the integrity of the materials. Keep in mind that these documents will cause too much hassle if you find out some irregularities in the latter days.

4. Cash Flow Type. Another factor that you must consider in investing in a property hotspot in Malaysia is the type of cash flow that you will get.

Top 7 Property Hotspots in Malaysia

1. Johor (Johore). With its diverse culture, rich coastal resources, world-class beaches, and strategic location, you will never go wrong if you invest in Johor. You will surely generate a lot of sales in this place since it is considered as the third largest state in the entire Malaysian Peninsula.

Vital facilities and infrastructures are also sprouting in this state, such as commercial and residential complex, entertainment hubs, and international schools. In Johor, you can also find the very first Legoland in Asia. With these things, indeed, Johor is one of the best property hotspots in Malaysia.

2. Melaka. Another property hotspot city in the south of Malaysia is the Melaka (also spelled as Malacca). People flood this city due to its very rich culture. In fact, the UNESCO considered Melaka as one of the world’s heritage sites.

No doubt, the Malaysian government owes a lot of its tourism revenues from Melaka. And with this, Melaka must be included in your property hotspots bucket list!

3. Penang. Do you want to invest in a hotspot that is tagged as one of the world’s top 10 best places for retirement? Well, just visit Penang, Malaysia.

Due to its extraordinary island living sceneries, Penang is also dubbed as the ‘Pearl of the Oriental.’ Penang has lots of world-class architecture, great-tasting foods, and artifacts as well that will surely entice people to drop by.

Based on the Penang Immigration’s report, the city got a continuous increased of tourist arrival every year. In fact, in 2009, Penang recorded a 207.67% all-time high increased in its tourist visits. So, if you want to invest in a property hotspot, don’t look for other places. Just lay your investment in Penang for a higher profit turnout.

4. Sabah. Another top-rated property hotspot in Malaysia is the city of Kota Kinabalu (the capital city of Sabah). In the last few years, the economic landscape of Sabah has been gaining a firm ground. And to help boost the economy of Kota Kinabalu, the government even built a 1,000 km Pan Borneo road network to connect the city and the entire Sabah to the other key points in Malaysia.

5. Perak. This is a property hotspot located in the northwest of Malaysia. One of the property investments that you can engage in this hotspot is building more residential segments. However, you must keep an affordable rate in all of your real property investments in Penang; otherwise, it will be more difficult for you to gain ROI.

6. Petaling Jaya. Known as the satellite or the twin sister of Kuala Lumpur, this city is another property hotspot for you to check. Petaling Jaya is actually a ‘planned’ city. In other words, the structures in this city were built under a single ‘grand’ plan. With this, you are assured a steady influx of people who will be needing real property services.

7. Kuching. Kuching is the most populous place in Sarawak; thus, there’s no doubt that this city is a perfect property hotspot for you to invest in.

People can do a lot of things in Kuching. Jaw-dropping tourist spots and natural wonders surround this city. Some of the best places in Kuching include the Kuching Waterfront, Astana palace, Kuching Mosque, and Cat Museum.

If you are into property investment, you will benefit a lot from the unstable inflation rate. Also, you have to remember that long-term price appreciation of a particular property will increase its intrinsic value.

These are the crucial information about property hotspots that you must know if you want a positive turnout in your real estate investment.

Indeed, investing in a property hotspot in Malaysia brings a lot of good things on your end. This will surely improve your financial status, expand your network, and will even mark a new beginning in your real estate career. So, don’t go too far this time. If you want to make a good living from property investment, just invest in a property hotspot in Malaysia!