Malaysia lies in the heart of Southeast Asia, with a booming, multicultural tourism industry fueling a stable economy and vast property landscape. Ohmyhome believes in the potential of Malaysia, the Malaysian government offers a wide range of tax incentives to encourage foreign investment. Given its favourable currency exchange rates and low property prices, the Malaysian property market presents a low barrier to entry when it comes to property investment. Ohmyhome is hoping to help eager investors in Singapore capitalise on the Malaysian market by being the first company in Singapore to offer cross-border services between Singapore and Malaysia. Indeed, transacting property in Malaysia from Singapore is as easy as handing keys over in our Singapore office, removing the need for interruptions in busy schedules to make physical trips down to Malaysia. To date, the Malaysian government has loosened restrictions when it comes to foreign buyers owning property in Malaysia. Foreigners are now allowed to own freehold properties as long as they do not cost less than RM500,000. Popular investment places in Malaysia include the capital, Kuala Lumpur, Penang, Port Dickson and Johor.
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