A horror story…
A guy I know, the son of an Australian soldier who served in Vietnam, flew there to visit the area where his dad used to serve during the war. Somehow he met a nice Vietnamese girl, fell in love and married her.
As soon as she got to join him in Oz, her demands started. First it was her dad who needed a new motorbike for work, her brother needed money to go to uni, her sick grandma who needed monthly transfers to pay for her medication etc… He happily helped every time, so much so that one day she told him of a luxury townhouse in a gated community going cheaply. What a great investment and we can use it when holidaying there, she told him. He agreed it was a great idea, so off she flew to organise the purchase there.
From then on she became more and more demanding, even threatening of leaving him if he did not comply. At the end she got so nasty that he had to get a divorce, losing considerable assets at the same time. When trying to sell the Saigon property, he found out it was in her dad’s name and that the price he paid had been grossly inflated.
So having lost in love, he lost most of his fortune too.
His ex has now gone back to Vietnam. He reckons she could be a professional con woman and it’s likely he was not her first (or last) victim.
Yep. Malaysia is quite OK. I bought an IP in KL. Value went great for a few years then dropped like a bomb around the time of the GFC. We went a whole year without a tenant! But prices have come back since then and the rental market seems to have picked up too.