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Malaysia "best place to invest" in south-east Asia

Article Date : Tuesday, August 21, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Malaysia offers overseas property buyers the best investment opportunities, according to one expert.

Marsha Lu, head of the legal, diligence and compliance department at Property Frontiers, claimed that while Malaysia has not been as popular as Thailand in the past, the latter has experienced political instability recently.

Arguing that Malaysia is presently "the best place to invest", Ms Lu said that the country has recovered well from the Far East financial crisis in the 1990s, compared with many other states in the region.

"From an investment environment point of view, the government's very welcoming for investors," Ms Lu stated.

The government has abolished capital gains tax, which is expected to make a "huge difference" for investors, she added.

Tan Sri Liew Kee Sin, managing director of SP Sertia, recently told the Malaysia Star that the country's government should do more to create a "favourable" business climate.
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