Money
changers here have been getting brisk business - thanks to kiasu Singaporeans
who exchange Ringgit to keep for future use, since the country is just a bridge
away.
Because
of the country's proximity, weaker currency and the sky-high property prices
here in Singapore , many
locals have considered buying a property in Malaysia
Despite
fears of political instability, increasing supply and curbs on foreign buyers,
the extreme weakness in the Malaysian Ringgit proves tempting for local buyers.
Malaysian
developers have said that the weak ringgit has been a major selling point for
their properties, and this is despite warning from the Monetary Authority of
Singapore on the growing glut in Iskandar Malaysia
So
while you may be tempted by the relatively cheaper property overseas, GET.com
suggests you consider the following factors first before taking the plunge.
- See
more at: http://business.asiaone.com/property/news/it-wise-singaporeans-buy-malaysian-property-now#.dpuf
