Why Invest In KL?
Below is sample of diagram to illustrate the ranking.
1st
"World's Best Counties to Invest in or Do Business for 2019"
(CEOWORLD Magazine)
1st
"Most Attractive Emerging Market in Asia"
(Bloomberg's Emerging Market Scorecard, 2018)
2nd
"Ease of Doing Business within ASEAN"
(World Bank's Doing Business Report, 2020)
2nd
"Global Competitveness among ASEAN Countries"
(World Econimic Forum's Global Competiveness Report, 2019/2020)
5th
"Digital Readiness among Developing Asian Economies"
(UNCTAD's Business to Consumer, B2C, E-commerce Index, 2018)
1st
Ecomony
"Fastest GDP Growth among Asean-5 countries for 2021"
(IMF GDP Report, 2020)
The International Monetary Fund (IMF) has projected that Malaysia’s real gross domestic product (GDP) will grow at a rate of 9% in Year 2021, the fastest among Asean-5 countries and the world’s third highest. Besides Malaysia, Asean-5 includes Indonesia, Thailand, the Philippines and Vietnam which are set to expand by 8.2%, 6.1%, 7.6% and 7%, respectively.
The IMF’s latest 2021 projection for Malaysia is higher than Fitch Ratings’ growth forecast of 5.8% and slightly lower than IMF’s projection for China at 9.2%.
2nd
Competitiveness
“Ease of doing business
within Asean”
(World Bank’s Doing Business Report, 2020)
The Malaysian Government continues to ensure that the country remains an attractive business destination for investments. In our aspiration to achieve a high-income economy by 2020, we are doubling our efforts to attract investments and drive productivity and innovation through political, economic and regulatory reforms.
In the Doing Business Report 2020 published by the World Bank, Malaysia was ranked 15th worldwide for the ease of doing business, outranking countries such as Canada (22nd), Germany (24th), France (32nd), Switzerland (38th) and Japan (39th). Malaysia was also ranked second in ASEAN in the report after Singapore.
3rd
Retirement
“Best country to Retire in Asia in 2020” (International Living Report, 2020)
Malaysia was ranked 1st in Asia and 7th in the World based on International Living’s Retirement Index, an annual comprehensive guide to global retirement destinations.
The ranking takes several factors into consideration, including the cost of healthcare, the cost of living, the process of obtaining a visa and purchasing a property, the access to entertainment, and the ease of assimilation. Five Latin American countries made the list, followed by three European countries and two Asian countries.
4th
Property Price Index
“World’s Cheapest City”
(Savills Prime Index Report, 2019)
By tracking the performance of 28 cities from San Francisco to Sydney, the Savills Prime Index of World Cities showcases the leading cities for prime residential property based on a sample size adjusted to represent each city’s prime market. Savills’ definition of prime constitutes properties in the top 5% of the market by price and Kuala Lumpur shined out as the world’s cheapest city in 2019 to buy a luxury home according to the research report.
Property Prices Index by Numbeo by country in Year 2020 has also proven that Property Price to Income Ratio in Malaysia is the lowest in Asia.
5th
Property Purchase Cost
“Lowest Property Purchase Cost
in Southeast Asia”
(Global Property Guide Research, 2019)
Out of 22 countries in Asia, the cost to purchase a property in Malaysia is only 5.18%. This has ranked Malaysia in the 2nd place in Southeast Asia and 4th place in Asia, behind Uzbekistan (2.00%), Nepal (2.78%) and Myanmar (5.18%).
Investors may be able to purchase a freehold condominium units in most of the countries in Asia. However, Malaysia stands out as the only real estate market in Asia where foreigners can directly purchase landed houses, in their own name, without needing a corporate structure. There are nonetheless a few limitations in terms of minimum purchase price and type of lands. Those factors aside, Malaysia is certainly the easiest place to purchase land in Asia.
6th
Property Rental Yield
“Gross Rental Yields in
Premier Cities in Asia”
(Global Property Guide Research, 2019)
By tracking the performance of 28 cities from San Francisco to Sydney, the Savills Prime Index of World Cities showcases the leading cities for prime residential property based on a sample size adjusted to represent each city’s prime market. Savills’ definition of prime constitutes properties in the top 5% of the market by price and Kuala Lumpur shined out as the world’s cheapest city in 2019 to buy a luxury home according to the research report.
Property Prices Index by Numbeo by country in Year 2020 has also proven that Property Price to Income Ratio in Malaysia is the lowest in Asia.
Hotspots
IF you plan to purchase property, knowing the property “hotspots” will help you make a precise decision on which areas have the potential for capital appreciation and for own stay. All the hotspots are chosen because of their transport infrastructure, presence of mega projects in the making, abundance of amenities (to name a few) as they offer some genuine guides for purchasers.
(Bukit Bintang, KLCC, TRX)
The Central Business District (CBD) areas are good opportunities to pick up prime properties at realistic prices. The lack of new available land causes CBD properties to remain highly sought after. With ongoing new projects such as the Merdeka PNB 118, it will change the landscape of locality and retain CBD as the preferred choice for expatriates and foreigners to rent.
(Ampang, Bangsar South, Maluri)
With good public transportation systems, homebuyers no longer have to limit their choices to places near their workplace as they might now consider buying properties near MRT/LRT stations. Rental demand will be strong and capital appreciation will be promising for properties located close to public transportation systems, especially those within walking distance to the stations.
(Bangsar South, Mont Kiara, TRX)
The positive news flow of Tun Razak Exchange (TRX), Malaysia City (Bandar Malaysia) and KL Metropolis developments, coupled with the announcement of the revival of KL-Singapore High Speed Rail (HSR) project, has drawn investors’ attention back to these areas. All these projects have a minimum 10 years development plan and buying in early would be a wise choice.
(Bangsar South, Damansara Heights, Mont Kiara)
(Bangsar South, Damansara Heights, Mont Kiara) （孟沙南城，白沙罗高原，满家乐）
Enhanced highway connectivity to these areas has attracted developers to acquire bigger plots of land for developments, allowing them the freedom to build aesthetically pleasing and innovative lifestyle homes. These impeccable locations with a prestigious address that represent owners’ lifestyle and status, enjoy both strong local support and high foreign interest.
(Ampang, Damansara Heights, Maluri)
The improved connectivity from major hubs outside KL and its fringes to KL city centre and vice versa has brought attention to these old matured areas. Given their maturity of the surrounding areas, affluence of the population and integration with large retail developments, hotels and Grade-A offices, these areas have come onto our preference list.
