Malaysians are advised to buy a residential property before it becomes too expensive, according to local property experts.

In a forum organised by The Star, Chur Associates’ founding managing director Chris Tan said it was time to get on the housing ladder, given the good rules protecting consumers, as well as the attractive incentives and financing packages offered to genuine home buyers.

Tax expert Dr Choong Kwai Fatt also agrees that now is an opportune time to purchase a house as the Malaysian ringgit could weaken further.

“If the currency drops in value in future, it will be harder to purchase properties. Therefore, while its still holds good value, it is best to invest right away.”

Another advice he gave to those eyeing home ownership is to purchase from property developers with a good track record.

“This is the first assurance of a successful property investment,” he added.

Read the rest of the story @ PropertyGuru.com.my