/// Contributor
Sustainable Future
Investors have been keep on asking me if there might be a forthcoming
property bubble in Kota Kinabaluas it looks like sky is not the limit for
Property Values there. My personal take, looking atthe current and
estimate touristic achievements for the next few years, is that we are still
in quite safe waters and there is still a lot that can be done to increase
the foreigners inflow by becoming more a worldwide recognized touristic
destination instead of a mostly regional one.
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As a matter of fact less than 10% of the total tourist arrivals in 2012 and
2013 in Malaysia have been from countries outside the SEA region. By
looking at these numbers through the eyes of the “Visit Malaysia Year
2014” and the “2015 Year of Festivals” that the Federal Government
through its Ministry of Tourism is promoting worldwide since the end
of the last year we can surely see the long term sustainability of the
Tourism centered economic cluster and related Real Estate market.