Singapore Real Estate Highly Favoured By Rich Malaysians

Singapore Real Estate Highly Favoured By Rich Malaysians

Kallang Basin Plans
Credits: URA

 

Singapore is the top second choice for rich Malaysians while Australia ranks top of the list. This result is taken from 326 participants in an online survey. India and Germany take 3rd and 4th place in terms of popular choices amongst the wealthy ones.

It is clear why Australia is their top choice. It takes only a few hours to fly to Australia from Malaysia and working environment coupled with better education system there beats other countries according to the Malaysians.

Hong Kong takes 5th place, followed by Japan, China, Thailand and the United Kingdom.

Of those surveyed who own offshore properties, the reasons they favour selected countries are listed below in order of preference and importance:

  • Capital appreciation
  • Children’s education
  • Tendency to buy a property in the country they are staying
  • Favourable funding options
  • Good governance
  • Retirement
  • Migration
  • Relocation to a better surrounding

Looking ahead, Malaysians have expressed their preference to purchase offshore real estate properties in the following countries:

  • Australia
  • Singapore
  • Indonesia
  • United Kingdom

If you need some advice on your Singapore condo investment, do contact newcondolaunchonline at 61002500 for your real estate portfolio planning.

 

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