{"id":26612,"date":"2016-09-20T13:09:15","date_gmt":"2016-09-20T06:09:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-australia-uk-currencies-lure-malaysian-investors\/"},"modified":"2016-09-20T13:16:47","modified_gmt":"2016-09-20T06:16:47","slug":"weak-australia-uk-currencies-lure-malaysian-investors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-australia-uk-currencies-lure-malaysian-investors\/","title":{"rendered":"Weak Australia, UK currencies lure Malaysian investors"},"content":{"rendered":"


\nInternational education driving residential property investment
\nUniversity of Sydney. Australia is a popular international education destination. JAZZDOG \/ Shutterstock
\nThe relative strength of the ringgit against the sterling and the Australian dollar has empowered Malaysian investors to acquire overseas property, according to Jones Lang LaSalle.
\nThe Brexit referendum has weakened the British pound insofar as to make it \u201cattractive for Malaysian investors,\u201d according to Nick Charlton, from Jones Lang LaSalle Malaysia\u2019s capital markets team. Closer to home, Malaysians have targeted Australian property for the same reason, with the dollar depreciating at a \u201csimilar rate\u201d over the past 18 months.
\nThis year to date, the Malaysian currency gained 17 percent against the sterling and 1.94 percent against Australia\u2019s dollar. Faced with a slumping property market and a floundering economy, Malaysians have come to view the UK and Australia \u2014 markets with their fair share of real estate troubles \u2014 as safer havens for their money in comparison.
\nMore: 10 reasons why you should invest in Iskandar Malaysia
\nThe need to send children to quality higher education institutions has driven some investors to mull an acquisition in homes overseas. Australia and the UK are two of the world\u2019s best-known international education destinations.
\n\u201cThe potent mix of education and property is playing a bigger role in dictating the flow of global private capital into real estate investments, especially in the residential sector,\u201d said Ali Meadows, JLL\u2019s head of global capital markets for Asia Pacific. \u201cTop destinations have so far included London, New York and Sydney.\u201d
\nMany Malaysian investors have previously been educated in such cities, making them familiar investment destinations, Charlton noted.
\nLast year, Knight Frank rated Malaysia as the third largest Asian investor in the Australian and British property markets.
\nRead next: South East Asia Property Awards (Malaysia) 2016 names the year\u2019s finest real estate
\n
\nSource : property-report.com
\nRead more…Weak Australia, UK currencies lure Malaysian investors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

International education driving residential property investment University of Sydney. Australia is a popular international education...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26612","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6Ve","jetpack-related-posts":[{"id":18832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-happens-now-to-malaysian-property-investments-in-london-after-brexit\/","url_meta":{"origin":26612,"position":0},"title":"What happens now to Malaysian property investments in London after Brexit?","date":"July 6, 2016","format":false,"excerpt":"\r No turning back for the UK\u2019s Malaysian investors London\u2019s iconic Battersea Power Station. Image credit: August Brill (Flickr) Malaysian real estate players are confident they won\u2019t be losing out as a result of the UK\u2019s Brexit vote, despite widespread caution as a result of the devaluation of the pound.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overwhelming-response-seen-at-malaysia-property-show\/","url_meta":{"origin":26612,"position":1},"title":"Overwhelming response seen at Malaysia Property Show","date":"September 23, 2016","format":false,"excerpt":"\r Singapore-based buyers and investors had the opportunity to interact with Malaysian developers at the show. 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Malaysia has been one of the most popular destinations thanks to the MM2H (Malaysia My Second Home) programme which allows Hongkongers to obtain a 10-year residence permit without having to move to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-demand-muted-due-to-strict-stamp-duty-strong-sing-dollar\/","url_meta":{"origin":26612,"position":3},"title":"Foreign demand muted due to strict stamp duty, strong Sing dollar","date":"August 30, 2017","format":false,"excerpt":"\r The proportion of foreign property buyers in Singapore remains low, data shows. 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The reorganisation of the ownership of commercial assets within the Grade\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26612"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=26612"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26612\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}