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Appetite for Msia homes still hot: PropertyGuru

PropertyGuru

By Farah Wahida:Demand for Malaysian properties among buyers and investors in Singapore continues to grow due to skyrocketing housing prices in the city-state, according to PropertyGuru, Asia's leading property portal.

"The comparatively low cost of purchase and maintenance is a driving force for Singaporeans and Singapore-based foreigners to look towards neighbouring Malaysia as a tenable outlet for property investment," said Steve Melhuish, co-founder and Group CEO of PropertyGuru.

The portal's Malaysia Property Show (MPS), taking place this weekend (8 - 9 December) at Orchard Hotel, Singapore is expected to attract interest from overseas buyers.

The event will showcase freehold luxury projects from strategic areas across Malaysia, offering excellent infrastructure and recreational and urban amenities. Visitors can view the latest projects from nine major Malaysian developers like Tanah Sutera, Pulai Spring, Denia Developments, The Haven, MRCB, Sime Darby Property, Plentitude, UEM Land and Andaman.

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"Our previous two Malaysia Property Shows were very well-received with over 1,400 visitors contributing total sales worth RM44.5 million (S$17.8 million) combined," stated Melhuish. Farah Wahida, Editor of PropertyGuru Malaysia, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my Related Stories:Malaysia Property Show returns to Singapore

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