3 international destinations Malaysian investors should consider

These three locations offer Malaysian buyers a range of lifestyle and investment benefits. Good transport links, quality education, dynamic rental returns, and capital appreciation potential provide investors with an opportunity to diversify their portfolio and create a long-term investment strategy with other benefits such as access to quality healthcare, education, and a second home overseas.

The global wealth trend and the increasing number of UHNWIs globally indicate continued growth in overseas property investment, making these destinations more attractive to investors seeking to expand their portfolios. 

To further assist in the decision-making process, Yeoh elaborates on the most desirable locations in London as well as Australia and Thailand.

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One of the reasons for London's popularity is its excellent transport links, including an extensive underground network, international airports, and high-speed rail connections. Additionally, London’s world-class education system, including top-ranked universities and international schools, is another draw for investors looking for high-quality education for their children.

The prime rental market in London has seen steady growth in recent years, with rental yields among the highest in the world.  According to the Knight Frank 2023 Wealth Report, the prime rental market in London grew by 2.2 per cent in  2021, and this trend is expected to continue into 2023. With the ongoing shortage of high-quality rental properties in desirable locations, rental yields in London are among the highest in the world.

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The average price of prime residential property in London was £3.9 million (approximately RM22.3 million) in 2022, an increase of 1.7 per cent from the previous year. The most popular areas for Malaysian investors are typically prime central locations such as Mayfair, Knightsbridge, Chelsea, and Belgravia.

These areas are known for their high-end properties, luxury shopping, and world-class dining and entertainment options. Malaysian investors are attracted to these areas due to their strong rental demand and capital appreciation potential. 

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Situated in Belgravia, an affluent historic district in Central London, Chelsea Barracks is a world-class development comprising a rare collection of apartments, penthouses, and townhouses, set around seven garden squares and built over 12.8 acres.

A highly coveted central London address, this prestigious district is bordered by Sloane Street and King's Road, abundant with luxury stores, iconic boutiques, contemporary furnishing stores, and fine art galleries. An exceptional selection of the highest-ranking schools and universities in the United Kingdom are also within proximity of Chelsea Barracks.

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Australia is a popular destination for Malaysian investors, particularly Melbourne and Sydney. With a strong economy and stable political environment, Australia is seen as a safe and attractive destination for investment.

The country’s excellent education system is also a draw, with high-quality schools and universities that are particularly attractive to investors with families. There is also a strong rental market for investors, driven by the country’s low-interest rates in the past contributed to a  rise in demand for rental properties.

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According to the Knight Frank 2023 Wealth Report, the average price of prime residential property in Sydney was AU$7.3 million (approximately RM22.4 million) in 2022, an increase of 4.4 per cent from the previous year. The Knight Frank 2022 Global Residential Cities Index cited that Melbourne was ranked as the 26th fastest-growing prime property market in the world, with a year-on-year price increase of 7.5 per cent.

The city was also ranked as the 8th most liveable city in the world by the Economist Intelligence Unit’s Global Liveability Index, making it a highly desirable location for investors seeking both capital appreciation and high quality of life. In terms of preferred locations,  suburbs such as South Yarra, Richmond, and St Kilda are popular among Malaysian investors due to their proximity to the city centre and high demand for rental properties. 

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A new luxury residential development property to take note of is Maeve, a collection of 24 contemporary apartments and townhouses in Sydney’s wine region of Bowral in the Southern Highlands.

Bowral-based Tziallas Architects designed the homes, with Chloe Matters Design as the interior designer, with the residences designed to provide the best of country life in Bowral. Just 1.5 hours from Sydney’s Central Business District, this property is perfect for investors seeking for a country holiday home. 

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Thailand is a popular investment destination for Malaysian investors seeking opportunities in the residential property market. According to the Knight Frank 2023 Wealth Report, property prices in Thailand are lower than in many other countries in the region, making it an attractive option for investors looking for value for money.

The report also noted that Bangkok was ranked 45th globally in terms of prime residential property price growth, with a 3.7 per cent increase in 2022, making it one of the top performers in the Asia Pacific region. Additionally, the country’s strong tourism industry, beautiful beaches, rich culture, ease of doing business, and world-renowned cuisine are all draws for international buyers. There is a growing demand for luxury residential properties in popular tourist destinations such as Bangkok, Phuket, and Pattaya. 

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As a matter of fact, Thailand is one of the world’s most popular tourist destinations, with millions of visitors each year, and this has created a strong demand for high-quality rental properties in popular locations. According to the Knight Frank 2023 Wealth Report, rental yields for prime properties in Bangkok remained steady at 3.7 per cent in 2021, despite the impact of Covid-19 on the tourism industry.

The report also notes that rental yields for luxury condominiums in Bangkok’s prime central business district (CBD) are among the highest in the world, averaging 5.3 per cent. In Phuket, another popular tourist destination, rental yields for luxury villas and apartments can reach up to 10 per cent, making it an attractive option for investors seeking high rental products.

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In addition to the affordability and the strong tourism industry, Thailand’s good transport links and excellent healthcare system are also factors that make it an attractive investment destination.

The country’s well-developed infrastructure makes it easy for investors to travel to and from their properties, and the availability of quality healthcare services is a key consideration for many investors. According to the 2022 International Living Global Retirement Index, Thailand was ranked 2nd globally for healthcare, highlighting the quality of its healthcare system. 

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Located in the heart of Bangkok, 28 Chidlom is a luxury residential property to consider. One of the most prestigious developments in the city, its location in the upscale Chidlom area makes it particularly attractive to investors, including Malaysians. 

One of the reasons why 28 Chidlom is a popular investment is its prime location. The property is located in the central business district of Bangkok, which is a hub for business and commerce. It is also within walking distance of several shopping malls, including Central World and Siam Paragon, as well as the famous Erawan Shrine. The area is well-connected, with easy access to public transportation, including the BTS Skytrain and the MRT subway system, making it easy to get around the city. 

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