The Malaysian real estate market has been on fire since about 2011, with prices increasing roughly 30 to 35 percent in the past 5 years.
Greater KL PLan
Malaysia government is planning to spend RM172 billion in order to achieve a top-20 ranking in city economic growth while being among the global top-20 most liveable cities by 2020. The country is further going to attracting 100 of the world’s most dynamic firms within priority sectors.
Population & Employment
Further, in order to fulfill employment demand, Greater Kuala Lumpur’s population will need to grow from 6 million in 2010 to 10 million by 2020, representing a significant increase in the pace of growth of 5.6 percent per year.
