Langkawi, the Escapist Island

By Lee Tung Tien


Is Langkawi an area for foreign investment? Probably not, because eighty % of Langkawi land is under authorities control. The only property obtain could be by means of a resale, however there will likely be minimal units, and most may be properties reserved just for Malays.



Langkawi properties are frequently offered by means of personal income. Whilst the properties are moderately priced for the resort island, a lot of actual estate agents will advise the rental of properties in lieu of obtain if you are interested to have the house for your personal stay. If you are interested to acquire the home for investment and renting out for homestay or service apartment functions, then it could be a worthy investment.



There are five home varieties in Langkawi island generally:

one. Residential Complexes / Apartments / Condos

This is the classic apartment or condominium complexes which you may possibly locate about Langkawi, specially at and close to Kuah city. There may possibly be amenities in these apartments, and for those who obtain these apartments to permit out as vacation apartments to vacationers, these apartments are entirely furnished and effectively maintained.



two. Mixed-use properties

What does it indicate? It implies that the home brings together residential with distinct utilizes, which contains making it into retail and workplace spaces. It may well be your single-storey terrace that is situated appropriate in front of a principal street, converted into a retail store for modest company, or an workplace room. Or, it could even be your double-storey store property together with the ground floor that will be used as being a shop and also the upper floor for residence.



three. Office

This is your standard office house, even though not too much but still exists for some corporations to complete the island's industrial desires.



four. Retail outlets

A resort island needs retail to support its travelers website visitors. The island is actually a tax-free island for some items, and lots of guests may regular the island for chocolates. In Kuah town on your own, there might be older outlets selling bottles of alcoholic drinks, cigarette and chocolates, with each other with some points which includes pharmaceutical objects. Or, it may well be a number of the few shopping malls in the island with retails for sports attire, toys and souvenirs, craft and garments.



five. Light Industrial properties

There may possibly be single or multi-tenanted spaces which can be utilized as warehouses, distribution, production or investigation and development within the island. One particular these kinds of case in point will be the batik factory, specially for tourists.




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