Property Hunter Magazine Issue 63- February 2015 | Page 31

property market, developers and property
industry executives say Singaporeans are
emerging as a serious player where properties are
mainly purchased through developer seminars,
exhibitions, and local agents.Australian properties
are also making their presence felt at property
expos in major cities in Malaysia.

THE RISE OF AUSTRALIA
Malaysian investors have a long association with
Australia’s real estate market and the trend has
been steadily growing through the years.
Emil Andrawo, an Australian property consultant who
has been actively exploring the Malaysian investor
market, says the confidence in Australia’s property
market is due to its sustained investment growth.
“With over 25 years involvement in the Australian
property market, I have come to the conclusion
that real wealth in Australia has been achieved
through long term investment in Australian
properties,” opines Andrawo.

“Malaysian citizens have traditionally invested in
Australian real estate for lots of reasons, one of
which is the safety of their investment, having very
conservative and responsible governments of all
persuasions, as well as the steady appreciation of
the property values.”
The larger, more dynamic cities on the east
coast have enjoyed top billing for a while now
but other cities, even in the western region, are
picking up interest.
“Sydney has had the biggest share, but recently
Perth has started to fare well due to lower value
properties than Sydney and what the city has
to offer Malaysian students as far as courses
and training, not forgetting how close Perth is to
Malaysia, with direct flights to Kuala Lumpur and
Kota Kinabalu.”

“Long term, because property, like other
investment products goes through economic
cycles, usually between 8 and 12 years, during
which property values usually double in value. “
Andrawo also attributes Australia’s stable economy
and political climate in holding up steady interest
amongst Malaysian investors in its property market.

Perth WESTERN AUSTRALIA

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