First of all, we should define what a luxury property is since luxury is quite a subjective term. Remember that a high price tag does not mean that you are buying a high-end property. However, we can determine some features that characterize a luxury property. A luxury property must be unique and exclusive, regardless of its reasons. Its must also offer something especially desirable so that people are ready to pay a higher amount of money for it. This can be due to it’s design, location, amenities, privacy, security... You name it.1.FREEDOM & PRIVACY
Buying your own home allows you the freedom to make changes, updates and improvements as you wish, creating an environment you’re proud to call home.2.MORE SPACE
Many buyer these days are looking to bunk up their square footage. Thankfully, the luxury real estates in Malaysia offers a number of options ranging from condo units to single-family homes that offer the same amount of space as a home you’d find in the suburbs. Many even offer outdoor space, plus your own laundry, storage, bigger rooms, gym much more!3.HIGHER INVERSTMENT VALUE
This is probably the most important reason to invest in a luxury real estate. As properties are an asset that rises in value at every instant, at the same time, they are a “performing asset”, which means that they serve a practical purpose even as they gain in value. Moreover, luxury homes have always shown high demand, so we can tell that this kind of real estate is great investments opportunity that guarantees multiplied returns in the future.4.SPECIFIC NICHE MARKET
Luxury properties will always be in high demand. It is not for everyone, but it is for a specific niche market, targeted at wealthy profiles such as high profile businessmen, corporate executives, industrialists and those who are unlikely to be impacted by the economic and market changes. That is the reason why luxury properties still remain in high demand despite the economic crisis.5.INTERNATIONAL INVESTMENT
Luxury properties are a great chance for international investment and getting revenues and advantages that you won’t be able to find in the domestic market, One can always find and invest in exotic locations where you won’t have to pay annual property taxes or capital gains taxes on transferred properties.6.THE BOTTOM LINE
Investing in luxury real estate can be more exciting than investing in securities, from building a custom home to flipping a mansion to buying a vacation property. You can enjoy your luxury home as a resident, as a traveler or as a landlord. However, before you buy, make sure you understand the features that create lasting value in this asset class to get the best return on your investment.