π· Where To Live In Malaysia | Cost To Live In Malaysia | Retire In Malaysia.
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Malaysia is a rapidly developing country that combines excellent infrastructure and high-quality health care options with a very low cost of living.
In this video, we discuss where to live in Malaysia and some of the costs associated and why it is such a popular destination to live.
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Recently, Malaysia was named the fifth-best retirement destination in the world.
That relates to the fact that Malaysia’s affordability, its vibrant culture, its amazing food, and its openness to expats is a major reason why it is such a popular destination.
On top of all that, Malaysia is a convenient place to travel from, to explore other exotic countries throughout Southeast Asia.
It is actually stated that Malaysia is the fifth-best retirement destination in the world.
Many expats and retirees live in Malaysia for the lower cost of living.
Some of the reasons are that food prices are generally quite low, particularly if buying local products.
Foreign nationals wishing to retire in Malaysia can apply for a Malaysia My Second Home (MM2H) visa.
It is one of the most enticing visa options you will find!
Where to Live?
While there are many interesting cities to consider for a place to live in Malaysia, several destinations have proven especially popular among expats.
Kuala Lumpur is the capital of Malaysia and is a cosmopolitan gem in the heart of the country. Malacca is a 600-year-old city on the west coast of the Malay Peninsula, home to a variety of cultural and historical attractions.
It has undergone extensive development and has a burgeoning expat community.
George Town and its surroundings on Penang Island rank among the most popular expat destinations in the country.
This area delivers the experience of urban living with easy access to beautiful nature on the island and the peninsular mainland is linked by the 8.4-mile Penang Bridge.
You also have East Malaysia, which is also known as Malaysian Borneo.
The city of Kota Kinabalu welcomes adventurers and nature lovers to explore the nearby jungle and rainforests, wildlife, plant conservation areas and offshore island retreats.
Malaysia is also rated as one of the best cities in the world for students, based on the costs of living and the quality of education available.
Renting a Home In Malaysia.
Itβs a well-known fact that most expat centres in Malaysia have plenty of luxury housing options in modern high-rise buildings with on-site services, with eating and entertainment options.
This kind of accommodation costs between $400 and $2,000 per month for two or three bedrooms. Prices in the centre of Kuala Lumpur are a bit higher.
A spacious condominium in a modern high-rise is an option worth considering if you plan to share housing expenses with a spouse or a friend.
However, there are plenty of other good options in most cities for single expats living alone.
According to data collected, a nice one-bedroom apartment in a neighbourhood outside Kuala Lumpur’s central districts costs less than $300 per month on average.
Prices rise to almost $380 for similar accommodations in the city centre.
On Penang Island, a one-bedroom apartment in a desirable location near services, shopping, and entertainment is about $260 per month.
Prices fall below $190 per month for an equivalent apartment in an outlying neighbourhood.
In Malacca, a centrally located three-bedroom apartment averages only $260 per month.
In Kota Kinabalu, a one-bedroom apartment in the city centre is about $190 per month.
A three-bedroom apartment in an outlying neighbourhood goes for around $300.
Utilities are reasonably inexpensive in Malaysia.
Costs for electricity, water and garbage service average just over $50 in Malacca and Kota Kinabalu, around $32 on Penang Island and about $52 in Kuala Lumpur.
Unlimited broadband Internet service averages around $30 per month in most areas of the country.
Retire In Malaysia.
Live in Malaysia.
Costs to Live in Malaysia.
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Can you recommend any places in Malaysia to live?
Penang n kl i think the most suitable places for westerners.π
Do you feel that it is better to rent or buy in Malaysia if you are looking to retire there?
what is the risk from ocean rises due to climate change? are there any hills to reside in? what areas are cooler?
which areas are coolest in temperature
Malaysia if u want normal house or apartment u can find more cheaper
Expat and retired can buy land n house in Malaysia freely not like other country hard to buy house or land if u were not local
U say one bedroom apartment in Penang price $260…is it USD $260 or RM $260????
I am putting this on my list to visit as soon as this pandemic is over with.
Very nice and informative video.
I Will Help You Decide Which Country & City To Move To.. http://www.decidewheretoexpat.com
2nd n 3rd tier cities in Malaysia is still dirt cheap overall if one can eat the food n fit into the surrounding.
Many who look for cheap destinations don't live all that well back in the home country.
2nd tier cities need not be less. Indeed it can be richer for the experience.
MALAYSIA is not KL, PENANG, MALACCA, IPOH n Johore Bharu.
Cambodia is much cheaper
Even for everything free. Never go in that dangerous Islamic country
It's pronounced Malasia! Not Malaser! Why is this a problem for you Brits?
sounds like about right! π
I am your new subscriber. Excellent blog about living in Malaysia. Please do a blog about top universities of Malaysia n their education system.
your cost of living estimation are far too low
I am an US citizen; Hoping to retire in Malaysia in 2 years when MM2H is re-instituted. This is not the only video but many other well established resources, that Malaysia is 5th best country to Retire (international Living, CNN, others).
Thank you for this video. I disagree with a comment below regarding healthcare as I am not sure about my own US healthcare system! We are stressed here just to know how much we have to pay for good health care. Treatment is no better than that of Malaysia.
settled in Ipoh, Malaysia 2 decades ago. English is not a problem here but able to speak the local languages like Malay, Cantonese and Tamil would make life much more convenient. you can easily pick up the malay language in less than 2 months. the most difficult would be tamil but a good practice will help you understand and speak the language.
If u ask me how munch to live in Malaysia I will say itβs free because Iβm already Malaysian
One million thanks for this video it's very very informative no dough Malaysia is a beautiful country in the world πβ€
I found my new future place to retire at. America is impossible to retire.
Malaysia is a multi racial country,most malaysian respect foreigner even though we are not perfect but definitely we are friendly to all,as for expenses it depend on what you want it varied but my personal advice seek local advice bcos they know better
How does the cost of living compare to Thailand and Vietnam ? Thx !
Just invest an OBSCENE amount of money into a Malaysian bank and it's smooth sailing. Deal killer. No thanks.
I like this channel. Especially mention my lovely country so called MALAYSIA!! Yeahhh!! ππ»ππ»πͺπ»πͺπ»
Can you recommend destinations that wonβt kill you for Cannabis consumption ?
Is he quoting US$ prices or Malaysian money?
Most of what is said here is true ,but there is another side to Malaysia a expat must except ,they need to stay there for 3 months before you make a permanent move , Malaysia is not for every one .
Let's say the medical here is not good ,I know this from experience, doctor s are trained local Malaysia school,a malay would not pass a medical degree in Australia or America ,let's say there is a except out of 100 maybe 2 Malay will have this option to study in the west.
How much are their retirement visas?
Who cares, NO one sane wants to live there !