Hi Yogi,

The so-called "credit crunch" has been fabricated by a load of greedy banks who were over charging poor people for lending them money that they could never hope to repay. When they got burnt, they simply blamed global issues and were not prepared to look at their own short-comings.

Most of these banks are in the Western hemisphere, and lenders in the East have not had to cover their tracks or admit their mistakes/greed.

Consequently banks from the Middle East, Hong Kong, Singapore and Malaysia are still experiencing a healthy demand for finance, do not have to load their interest rates to recoup what they lost through their stupidity/greed and are doing quite nicely thank you.

Average rental yields throughout Malaysia are about 8%, so banks are not all that worried about lending out to clients wishing to invest in BTL properties at rates of about 6%.

As ever, the usual issues surrounding exit strategy would apply to the "Palm" style developments, and a better bet would be serviced condominiums in Kuala Lumpur City Centre for investors looking to make a sizeable profit on minimal capital outlay.

If you need any further info, please send me a pm or email.

Have a good day.

Andy