Malaysia's border area tipped for property

Those looking for the best places to invest in property in Malaysia should look to the area near to Singapore, it has been suggested.

Chris Chadd, the head of research at emerging markets support firm Property Frontiers, said that while Kuala Lumpur is good, there are places where better returns can be achieved, one being Johor Bahru.

He stated that because this area is only 15 minutes north of Singapore and many people are commuting into the city state to work, the area has "a lot of potential".

Mr Chadd noted: "Property can be purchased in Johor Bahru for a tenth of the price in Singapore."

He suggested that the country will see more investments as a result of new low-cost flights there when the world economy recovers.

In November Air Asia X launched a service between Stansted and Kuala Lumpur, with one-way prices staring at £99.