Malaysia ‘a good option’ for a long-term property investment

Buying a property in Malaysia could be a good long-term investment for those with money to enter the country's real estate sector.

This is the opinion of Nixon Paul, president of the Malaysia Institute of Estate Agents (MIEA), who told the Malaysia Star Online that the country's real estate market compares favourably to other destinations in the area.

"We are one of the cheapest in the region and if you are looking to invest over the long term, say ten years, now is a good time to get into the condominium market. Over the next decade, prices will appreciate," he stated.