Malaysia eyes Indian investments in real estate Print
Thursday, 14 January 2010 15:42

Chennai, Jan 13 : Malaysia will organise a three-day property fair here from Jan 22 to attract Indian investments in its real estate.

According to Malaysia Property Incorporated (MPI), a state-initiative, there is no impediment to buying and selling freehold real estate in Malaysia.

Under the "Malaysia My Second Home (MM2H)" programme, investors also have the option of making the country their second home, an MPI statement issued here Wednesday stated.

In 2008, Indian nationals were the fourth largest group of residential property investors in Malaysia, with Kuala Lumpur, Penang and Johor being their preferred cities. Property prices ranged from $150,000 to $300,000.

Copyright Indo Asian News

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