Most livable city in the world.
Malaysia’s capital city was recently voted one of the top 20 most liveable cities in the world. A favourite destination among enterprising investors, Kuala Lumpur continues to grow in population and potential.
Malaysia is currently expanding the country’s Mass Rail Transit (MRT) lines. This expansion will be particularly beneficial for Kuala Lumpur, making transportation within the city and beyond safe and efficient. 2020 will see the completion of a high-speed train linking Singapore to Kuala Lumpur. This commute, estimated to take just 90 minutes, will boost the financial and economic vitality of both cities indefinitely.
New hotel and brand investments in Kuala Lumpur will also help to boost the profile and profitability of the capital city. Harrods of London, Four Season, Hyatt, Ritz Carlton and W Hotel Group are just a few of the major names elevating the financial status and international visibility of Kuala Lumpur.
The third largest economy in Southeast Asia, Malaysia has transformed itself in recent years into an export oriented, upper middle-income economy quickly gaining ground on competitors like Thailand and Indonesia. In addition to serving as the capital city, Kuala Lumpur is also the cultural, technological, economic, educational, and financial hub of the country.
International investors are drawn to Kuala Lumpur for a multitude of reasons, most notable among these are low property prices, minimal taxes, young population base, urbanization trends, high employment rates, and low entry pricing. The market is undoubtedly hot, but it is predicted to continue growing at a stable pace for the next few years.