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22 February 2008

Vietnam and Malaysia entice property investors

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by Gill Montia

Vietnam and Malaysia entice property investors

UK overseas property investors are being enticed further afield by investment opportunities in the Far East, especially Vietnam and Malaysia.

According to, the overseas property experts, the fast pace of urbanisation and wealth generation in both countries are creating realistic possibilities for investment.

Rhiannon Williamson, director of, says: “Vietnam is benefiting from urbanisation, as there is a growing local affluent class seeking real estate to buy and rent and this is fuelling demand and development considerably; this translates into opportunity for investors.”

She adds: “In terms of price movement, in Ho Chi Minh City where demand is at its most intense, property prices have doubled in the past year.”

Turning to Malaysia, the government is actively attracting foreign investment into property and the country is proving a tax efficient location for many purchasers.

Malaysia can provide well-built, attractive real estate and according to local property professionals the market is well positioned to ride out the repercussions of the US sub-prime crisis and a global slowdown.

Currently, Kuala Lumpur ranks 22nd in the Global Property Guide’s gross rental yield tables.

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