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Updated by Joanna James on Nov 16, 2021
Headline for 4 Lessons to learn about buying homes in Johor – Real Estate Lessons
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Joanna James Joanna James
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4 Lessons to learn about buying homes in Johor – Real Estate Lessons

Johor is a Malaysian state located in southern Malaysia, right beside Singapore. Known for its beaches, rainforests, and homely feeling – Johor is ideal for real estate enthusiasts.

1

Overview

Johor has just over 3 million inhabitants and boasts 5 national parks and some of Asia's oldest rainforests and one of the world's largest orchid farms. Johor also boasts around 30 golf courses, scuba diving, and snorkelling attractions together with the most pristine beaches for lazing around and sunbathing. Johor is also one of the few states which offer agro-tourism. Johor is based on the Arab word for "gem" because Johor was an important trading centre for spice. One of the benefits of locating to Johor is its proximity to Singapore. Before dipping into the real estate scene here, book a holiday at Anantara Desaru Coast Residences to test the waters, as it boasts some of the best pool villas in Malaysia.

2

The right timing

If you're planning on entering an overseas market, make sure you do it at the right time. Many homebuyers make the grave mistake of buying into the future too early and going after projects that have been newly launched. The issue with this is that all new infrastructure and development plans take a few years, sometimes even decades to be completed. While it is being constructed, there's a possibility of a lot of things going wrong such as political crises, financial crises, and more than one economic cycle. As a homebuyer, if you intend to leverage these plans, you need to time your purchase strategically and at a time that is optimal for you.

3

The right market

You need to ensure that you are making the right decision by buying in the right overseas market. For this, you will need to consult experienced real estate consultants to highlight the reality of the current state in Johor. The pandemic has made matters complicated, but with things getting better all over the world, there is a huge chance for things to return to normalcy sooner than later.

4

Beyond Marketing Messages

Despite all the marketing material you will come across, you need to do your own research and see beyond what is shown to you. This will require you to visit Johor, spend a few days there and really look into the real estate market and properties for yourself to better understand how things will work out. It's been told that Johor has the potential to be a technological and medical hub.

5

The difference between buying at home and overseas

While there may be similarities, you need to keep in mind that buying property out of your country is very different from doing it at home. You will have to check the legal procedures, fees involved, the building and quality standards, environment, and much more. We cannot assume that everything will be done by the book, which is why the extra step of research plays a part.