WHY invest in Malaysia Kuala Lumpur
Malaysia as one of Asia’s dynamic economies, is fast emerging as a thriving regional hub for services. Its geostrategic location at the center of rapid-growth Asian markets has made it a hub for regional and international trade. Kuala Lumpur being Malaysia’s capital city is well-positioned as a strategic regional hub to oversee regional business, to monetize ideas and innovation, and to grow a pipeline of diverse talent. With a stable and attractive business environment, an emerging middle class populace and world-class infrastructure, Kuala Lumpur is all set to be a leading Asian city in the years to come.
Kuala Lumpur has well established Infrastructure in terms of logistics and IT, easy availability of talent for regional roles, and availability of related service providers which are critical factors for businesses. In addition, the simplicity of company registration, the stable yet liberal market-friendly government policies and the freedom and ease of fund transfers are great advantages for businesses , which makes Malaysia the preferred choice among international companies to build their presence in South East Asia.
Kuala Lumpur is a matured and vibrant city with highly developed intermodal infrastructure of airports, highways and seaports, further supported with world class amenities.
Greater Kuala Lumpur (GKL) is home to approximately seven million people, about 20 percent of Malaysia’s total population. It is estimated that towards 2020, approximately 10 million people will be living in GKL. The transformation of GKL into a connected city, improved infrastructure, facilities and services, enhanced environmental metropolis and adequate human capital, will help build a city that transform lives and economic vitality as well. This steady growth is expected to result in increased demand for properties in Kuala Lumpur.
Aggressive measures taken in making Kuala Lumpur one of the most livable city and preferred retirement city in the world. Currently, Kuala Lumpur is amongst the top city to stay in ASIA and top 20 in the world, according to the latest progress report on Malaysia Economic Transformation Program (ETP).
Further expansion and upgrading of public infrastructure most notably Klang Valley Mass Rapid Transit 2 (KVMRT 2) in 2016 and KVMRT 3 in 2022. Together with the existing urban rail network, it will form the backbone of the public transport system in the Greater Kuala Lumpur/Klang Valley region.
The Southern Corridor High Speed Rail (HSR) is aimed to improve the economic dynamism of Malaysia’s capital city as well as livability rankings relative to other global cities. Once operational, the High Speed Rail would allow a point-to-point mode of public transport travel between Kuala Lumpur and Singapore in just 90 minutes. The High Speed Rail is seen to be in line with the transformation of the nation as it links 2 urban agglomerations to meet growing demand, catalyzing economic growth and enhancing long term economic competitiveness while improving the quality of life of its people.
With a slew of mega projects scheduled to transform the Kuala Lumpur skyline, the capital city will soon be in a construction boom. Sizeable infrastructure projects could have a cumulative gross development value (GDV) of over RM200 billion in the long term, which further evident of a strong and growing economy.
Kuala Lumpur’s property prices is still amongst the lowest in the region. There is still room for upside potential, in comparison to prime areas in KLCC vicinity with prime spots in Dhaka, Vietnam, Bangkok, Shanghai, Singapore, Hong Kong, Macau – it is much affordable in Kuala Lumpur. Average positive rental yield at 6% against bank interest rate of 4.5% indicates a healthy property market - ultimately reduces your risk exposure when investing in Kuala Lumpur.
Flexible foreign ownership policy in Malaysia - Kuala Lumpur holds the highest individual foreigner’s property transaction and the easiest for foreign property ownership. Bar Malay reserved and some agricultural lands, every other property category above a minimum price is available to be purchased by international buyers.
If you are a foreigner and wish to invest in properties in Malaysia, please allow our team of expertise to guide you through your investment by calling us at +603.2333.0499 or email us here.
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