This unique tripartite was formed with the main objective of helping affluent Malaysians invest in properties in Australia. According to The Edge ^[1], HSBC noted in a 2014 report that the Land Down Under was one of the top three destinations of choice for affluent Malaysians, with 26% parking their cash in Australian properties. The Covid19 pandemic, together with the recent chaos in the global stock market and cryptocurrency has shown that traditional real estate investments is still the preferred choice for long term security and also for providing a roof over our heads.

          There are various reasons why affluent Malaysians are investing in Australia properties. Some invest to diversify their wealth portfolio for rental income while others want to have a home for their children to stay when they further their studies in Australia. Many are also buying properties there as a place for their retirement, knowing how well the Australian government takes care of their citizens. There are also those who just simply want to take advantage of the strong and stable currency. Besides the reasons mentioned, Malaysians are also migrating over to Australia for economic, political and social reasons. Therefore, we, as a group of trusted property service agents, believe we can help you achieve your objectives.  

          Investors, especially first timers investing in Australia may find it challenging as investing in overseas properties involve a different set of rules and regulations as well as the costs that comes with it and the ways of financing involved. Not to mention also the country’s taxation laws. Once a property is bought, investors may also be worrying about who to take care of the properties or tenants when they are not in the country. Therefore, it is crucial to have the right experts to guide you to the right property decisions, with sincerity and honesty.

          ARE Property (Melbourne), in collaboration with Amax Real Estate and Allworth Real Estate from Malaysia was formed solely for this purpose. Amax Real Estate and Allworth Real Estate, both with established track records and trusted property agents in Malaysia, will be acting as a bridge for investors in Malaysia to ARE Property in Australia, who has more than 20 years of experience in Australia property. Register or contact us now for more information. We still believe that nothing beats a face-to-face physical meeting with your own property agent especially when it involves investing overseas.

References:

1. ^https://www.theedgemarkets.com/article/investing-australian-real-estate-part-1^ 13 May 2015