Favourite Articles

  • Property sector slows down amid economic turmoil

    The uncertainties over the world economic prospects have started to take a toll on the local property market.Transactions have been slowing down in the past…

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  • Hot grabs outside Klang Valley

    Major property developers have been snapping up large plots of land worth well over a billion ringgit, even as the global economic scene turned more…

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  • Hike in RPGT a realistic percentage, says minister

    The 5% increase in the real property gains tax (RPGT) for properties held for two years or less is a realistic percentage, according to the…

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  • Asian property investors most conservative

    Asian property investors are least likely to take investment risks, according to the annual Global Investor Sentiment Survey conducted by Colliers International.The global commercial real…

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  • Property prices on Penang more resilient, says expert.

    A leading property expert said he does not expect property prices in Penang to see a major correction if there is a global downturn.

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  • Low-cost housing projects lift other property prices

    Middle and high-end properties are getting more expensive partly because developers are passing on the costs they have to bear in building low-cost houses.

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  • Malaysia Budget 2012: Property sector highlights

    Malaysia Prime Minister Datuk Seri Najib Razak in tabling Budget 2012 in the Dewan Rakyat on Friday Oct 7, 2011 announced several proposals related to…

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  • MRT to have big impact on property prices

    Property valuers and developers expect the Klang Valley Mass Rapid Transit (MRT) project to have significant impact on the prices of residential and commercial properties…

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  • Malaysian Construction growth up 7%

    The construction sector is expected to get more prominence in the Economic Report 2011/2012 with its growth targeted at 7% in 2012 from 3.4% in…

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  • Malaysian Economic Outlook 2012

    The government projects the economic growth to pick up in 2012, with gross domestic product (GDP) expanding between 5% and 6%. This is a more…

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  • Malaysia property market to be stable.

    The Real Estate & Housing Developers' Association Malaysia (Rehda) is confident the property market can be stable amid the gloomy global economic outlook. Its chairman…

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  • The Malaysian Budget 2012

    The RM230.833 billion Federal Government Budget 2012 proposals, unveiled on Friday, Oct 7, will focus on seven core areas including reducing the impact of inflation…

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Discover Malaysia
Malaysia: Living Costs And Lifestyle

Malaysia offers a superb quality of life Malaysia offers a superb quality of life at prices that most Europeans will find hard to believe. Property prices are low: a three-bedroomed apartment in a condominium in Malaysia is available from £50,000 - or less.

Utility charges are low and with temperatures never dropping below 22oC at night, there is no need for central heating. Air-conditioning is normally considered essential, at least for the bedrooms. Even if air-conditioning is used regularly, the total electricity bill should not exceed £600 per annum and many families only use half that amount.

Imported cigarettes cost less than £1.50 a packet – local brands even less – while premium imported spirits are about £12 a bottle. Locally bottled gin, vodka, rum, brandy and whisky are available for less than £4 per bottle. They serve the purpose but for most expatriates the whisky is noticeably inferior to their usual proprietary brands. 
 
ImageWine is available from £3 per bottle upwards and excellent wines are available from Europe, Australia and South America. Beer in the supermarkets fluctuates according to the current special offer and, when bought by the case, varies between 45-75 pence per small can. Incoming international passengers are allowed to bring in a litre of duty free spirits and the island of Langkawi, just a short inexpensive flight away, is totally duty free. Eating out is one of the great joys of life in Malaysia, a social activity that takes place 24 hours a day, seven days a week and seems to involve the entire population. Costs range from less than a £1 per person for a casual – but delicious – snack at one of the hawker stalls, to £5 for a delightful dinner in a small restaurant or club. A sumptuous buffet – wine and beer included - in a premier hotel - will set you back less than £10 per person. Food of every variety and flavour is available in Malaysia, a true melting pot of culinary styles.Image

Where there is no piped natural gas, a large cylinder of LP gas which can last up to 3 months is less than £2.20 including delivery, usually within four hours but often within 30 minutes. Telephone land lines cost £3.90 per month and local calls are the equivalent of four pence a minute. The cheapest international calls are via call cards and a £4.30 card enables just under four hours of call time to the UK. Water and sewage combined charges average less than £3 a month. Postal charges are also well below those in the UK as a first class stamp costs less than five pence and an airmail post card to anywhere in the world costs seven pence.

Local domestic help is readily available and while it is not necessary to have a maid if living in a condominium, it certainly makes life more pleasant. Maids are available for £1.50 an hour and, for many couples, hiring a maid for just a few hours a day to do the washing, ironing and cleaning is sufficient.

A full-time live-in Indonesian maid can be hired for about £75 per month compared to £110 for an English-speaking maid from the Philippines. They can be obtained through an agency, but the best method is to take over a maid from a friend who is leaving, or to hire one on the recommendation of a friend. Most larger properties have an additional maid’s sleeping quarter. Public transport is much cheaper than in the UK (a 6-km bus ride costs about 10 pence).

Driving Licence and Cars

Malaysia recognizes all international driving licences. Therefore you do not need to obtain a new driving license in Malaysia as long as your licence is still valid. Cars, however, are more expensive to buy than in the UK, especially imported models with a large engine capacity, while locally-assembled cars are about 10-15 per cent higher. Foreigners coming in on the MM2H scheme are entitled to buy or import one car, tax and duty free, making it considerably cheaper than in the UK. Running costs are very cheap; petrol is less than 20 pence per litre. Road tax for a two litre car is £57 and £18 for a one litre car. Third party insurance for all cars without a no-claims bonus is £14 per annum. A no-claims bonus can be transferred from a UK insurer. 
  

Malaysia - Typical Cost of Living ComparisonsRMSterling
  
Petrol (per litre)R2.15£0.30
Bottle of Wine (French - Supermarket)R30.00£4.55
Glass of Beer (Bar)R7.00£1.06
Can of BeerR5.00£0.76
12oz Steak (Restaurant)R32.00£4.85
Indonesian Maid (monthly pay)R400.00£60.61
10,000 Km Average Car ServiceR100.00£14.66
20 Cigarettes (international Brand)R9.00£1.50
GP VisitR25.00£3.79
Dental Check-upR20.00£3.03
Dental Cleaning & ScalingR50.00£7.58
2 Course Meal for 4 (Western Restaurant)R200.00£30.30
Meal for 4 (Chinese Restaurant)R180.00£27.27
Meal for 4 (Indian Restaurant)R120.00£18.18
Single Meal (Street Eatery)R6.00£0.91
Men's HaircutR10.00£1.52
Men's ShaveR5.00£0.76
Ladies' FacialR50.00£7.58
Bottle of Imported VodkaR90.00£13.64
Bottle of Local BrandyR30.00£4.55
Return Air Ticket KL to BangkokR200.00£30.30
Return Air Ticket to BaliR160.00£24.24
Return Air Ticket to LangkawiR80.00£12.12
Return Air Ticket to Hong KongR200.00£30.30
Average Monthly Electricity (1,500 sq ft condo)R280.00£42.42
Satellite TV (Monthly)R80.00£12.12
Monthly Broadband Internet (1mB)R88.00£13.33
Cinema TicketR10.00£1.52
Luxury Coach to Singapore (Return)R140.00£21.21
Monthly Gym Membership (Fitness First)R160.00£24.24
5 Star Hotel per Night (Promotion Rate)R220.00£33.33
 
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