Property Hunter Magazine Property Hunter Magazine - Issue 56 | Page 58

/// 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. 58 www.PropertyHunter.com.my 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.