From AsiaFX dated 30 March 2009...
The Malaysian property market is "undervalued" in the current world economic climate, it has been claimed.
According to the investment group Frontiers, the south-east Asian economic hub is one of the opportune foreign markets in which to make a property purchase.
Despite this, head of research at the publication, Christopher Chadd, warned that the country was not immune to the global financial crisis.
Mr Chadd said: "Malaysia is holding up more robustly than the more developed economies of our world.
"The market remains undervalued compared to the rest of south-east Asia and it is still underpinned by the same fundamentals which led us to recommend Malaysia in the first place."
The foreign currency exchange rate for Malaysia is £1.00 to 5.1724 ringgits.
It was announced towards the end of last year that AirAsia X would be running a budget service between Kuala Lumpur from £99 each way.
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