According to the editors at International Living -- Latin America, Europe, and Southeast Asia -- were favored in 2021 by U.S. retirees and expats looking for high-quality, good-value living. These three regional winners from IL's 2021 Global Retirement Index represent the best of what each area has to offer across 10 categories, including cost of living, visas and residence, climate, and more.
Before the pandemic froze its housing market, the Southeast Asian nation was luring foreign investment with price incentives.
Bank Negara Malaysia said in a report on Wednesday that a supply-demand mismatch and slower income growth had led to a housing affordability issue in Malaysia
Sales in the Kuala Lumpur market are “subdued,” said Christopher Boyd, the executive chairman of Savills Malaysia. The number of residential sales dropped 16 percent from the fourth quarter of 2015 to the first quarter of 2016, he said.
Political uncertainty, limits imposed on bank financing in 2013 and the year-old scandal over Prime Minister Najib Razak’s involvement in 1Malaysia Development Berhad (1MDB), a government investment fund, have dampened buying activity in Malaysia, agents say.
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