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Learn more about the Malaysia villa market through trends and average prices.
Malaysia is a country in Southeast Asia. Its area is divided into two distinct parts: Peninsular Malaysia (West Malaysia) that is located in the southern half of the Malay Peninsula and East Malaysia, which is located on the Borneo Island. Both regions are separated by the South China Sea.
With 13 states and 3 federal territories, it is one of the most popular tourist destinations in Southeast Asia. In 2019, the country welcomed a total of 26,100,784 international tourists. The country is an appealing destination thanks to its variety of landscapes, including pristine beaches, lush rainforests, and modern cities. It also has four UNESCO World Heritage Sites, including the Archeological Heritage of the Lenggong Valley, Kinabalu Park, Gunung Mulu National Park, as well as Melaka and Georgetown (historic cities of the straits of Malacca).
In addition to being a tourist magnet, Malaysia has also been ranked as one of the best destinations for expats to work and live in. Many expats from all around the globe are charmed by its strong economy, ultra-modern infrastructure, and affordable cost of living.
The capital of Malaysia, Kuala Lumpur, is ranked as the sixth most visited city in the world as it welcomed approximately 13.79 million visitors in 2018. It is one of the most developed cities in the country, with a modern infrastructure, luxury shopping malls, upscale restaurants, and trendy bars. Many people come to this city to visit the iconic Petronas Twin Towers, which is currently the tallest twin towers in the world. Visitors can climb up to the 41st and 42nd floors to get a beautiful bird’s eye view of the city.
Although Kuala Lumpur is a very modern city, it is also firmly rooted in tradition. The city has an interesting mix of culture (Malay, Chinese, Indian, and Western), which are evident in its food, shopping, architecture, and even nightlife. Those who want to indulge in the city’s amazing culture and try its delicious food should definitely visit Chinatown and Little India.
Another popular area among international visitors besides Kuala Lumpur is Penang. It is home to the UNESCO-listed Georgetown, where visitors can find an array of beautifully restored colonial buildings. The city is known to have the largest collection of pre-war buildings in Southeast Asia.
Besides Georgetown, Penang has a number of other incredible attractions as well, such as Batu Feringghi beach, Kho Kongsi, Penang Hill, the Tropical Spice Garden, and the Snake Temple. Penang is also renowned as one of the best places in the world to savor delicious street food. The culinary in Penang is a mixture of Malay, Chinese, Indian, Peranakan, Thai, and European specialties.
Villas in Malaysia comes in various sizes and styles. They are very similar to regular detached houses, cluster houses, or bungalows, though their total land size is typically bigger than regular houses. They can be built with 1 bedroom, two bedrooms, or sometimes even more than 5 bedrooms, which is why there is a villa in Malaysia for all requirements.
There is no proper guideline on how a villa should be developed in the country. However, villas are usually surrounded by gardens and offer a lot of space, providing privacy and luxury for their owners. They mostly come with luxurious amenities as well, such as private swimming pools, lounge areas, and game rooms.
In terms of design, villas in Malaysia can be divided into two categories: traditional Malay style villas or modern, minimalistic villas. Traditional Malay style villas are usually made with gorgeous elevated wooden structures and thatched roofs, with tasteful wooden furnishing and other traditional-style furniture in its interior. This type of villa is perfect for anyone who wants to immerse themselves in the country’s culture.
Villas in the country can be owned individually (as residential property) or as a part of a resort/hotel (as commercial property).
Malaysia is a favorite among expats and tourists because it offers high-tech infrastructure and high living standards, but with a relatively affordable cost of living. Of course, the living cost depends on your lifestyle, but since the average cost of living is 40% lower than in the United States, most foreigners can live comfortably with 10,000 MYR (around 2,500 USD) a month. However, many expats living in the country earn much more than this amount, allowing them to live very well.
Since Malaysia is a multicultural country and the people are very welcoming, most foreigners can adjust easily with the local culture and do not have any problems making new friends. Although Malaysian Malay is the official language in the country, many people can speak and understand English, particularly in the service industry. This makes it even easier for foreigners to adjust to the country.
The official religion in Malaysia is Islam. However, the Malaysian Constitution protects freedom of religion for its citizens, so other faiths are freely practiced in the country. Some of the religions practiced in Malaysia besides Islam are Buddhism, Hinduism, Christianity, and Chinese religions.
Those living in Malaysia enjoy tropical weather, with warm and humid weather all year round. There are two seasons in the country, including wet season (rainy season) and dry season. From November to February, the west coast enjoys dry season, while the east coast experiences the wet season. The wet season on the west coast and the dry season on the east coast run from April to October.
To live in Malaysia for an extended period of time, foreigners must obtain a permit. There are a number of different options, including Multiple Entry Visa, Residence Pass-Talent, MM2H (Malaysia My 2nd Home), or Permanent Residency Permit.