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Exhibition underlines emerging Asian market

The strength of the emerging Asian property market was highlighted by a major Malaysian exhibition on 29th and 30th September.

Exhibition underlines emerging Asian market
Kuala Lumpur, Malaysia's largest city and business centre, played host to the first ever expo devoted purely to expatriate living and the emerging property market in Malaysia.<BR>&nbsp;<BR>Indeed, it made sense for organisers to devote an entire show to Malaysia as 2007 is 'Visit Malaysia Year', with official organisations doing much to point out the growing choice of Asian property. <BR>&nbsp;<BR>The 'Expat Expo '07: Senses of Malaysia' event took place at the KL Convention Centre and showcased the various facilities and services available to existing, incoming, and potential members of the expat community.<BR>&nbsp;<BR>Talks and presentations were held explaining property purchases in this emerging market, the Malaysia My Second Home (MM2H) programme, tourism destinations, and even topics as diverse as buying a car, where to go diving and how to avoid tropical illness.<BR>&nbsp;<BR>The emerging Asian property market has been helped, in no small way, in Malaysia by MM2H. This scheme was introduced in 2004 to make it far easier for foreign investors to capitalise on the growing choice of Asian property. The MM2H scheme offers non-Malaysians a ten year multi-entry visa that can be renewed after the initial period, so long as a minimum level of investment is maintained. Those interested can find out more at a seminar in London on Friday 5th October. Visit <A href="http://www.tourismmalaysia.gov.my/" target=_blank>www.tourismmalaysia.gov.my</A> for further information.&nbsp; <BR>&nbsp;<BR>The emerging Malaysian market has seen many new developments being built. Tijani 2 North is an estate of apartments from the Bolton Group in an exclusive area of Kuala Lumpur known as Kenny Hills. Purchasers of properties in this area will be able to count the Sultan of Brunei, one of the world's richest men, as their neighbour. Prices for freehold apartments begin at £280,000 (<A href="http://www.clairebrownrealty.com/" target=_blank>www.clairebrownrealty.com</A>).<BR>&nbsp;<BR>Elsewhere, the emerging Asian property market has seen developments spring up across the region, from the Philippines to Vietnam, and even Mongolia. Prices for two-bed apartments in The Temple development, Ulaan Baatar, Mongolia, start at £85,000, while the same number of bedrooms, though less total living space, in Riverside Towers, Danang, Vietnam, costs £87,000. Alternatively, a three-bedroom apartment in Trion Towers, Manila, Philippines, will set you back £75,000 (all available through <A href=http://www.propertyfrontiers.com target=_blank>Property Frontiers</A>) <BR><BR>
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<P><A href="http://www.worldofproperty.co.uk/contact.htm">Request a FREE copy of World of Property magazine</A><BR><BR><STRONG>Related articles about property in Asia:</STRONG><BR><A href="http://www.worldofproperty.co.uk/news-259.htm">Asian beach property</A><BR><A href="http://www.worldofproperty.co.uk/holiday_homes-228.htm">Time to invest in Thai property</A><BR><A href="http://www.worldofproperty.co.uk/holiday_homes-187.htm">Head for property in Thailand islands</A><BR><BR><EM>Article published 4th October 2007</EM></P>