Why Invest in Kuala Lumpur?
• The presence of a young and growing population that is moving to Klang valley, with 20% of the population aged between 30 and 45 years, and thus especially prone to buying homes. • Malaysia is experiencing rapid urbanization growth of 3.3%, which is igniting a big demand for housing and real estate investment opportunities. • English is widely used within the legal and education systems • As a former British Colony the property laws are very similar to those of the UK and readily understood • Real estate property prices per square meter in Kuala Lumpur and all other major towns and cities in Malaysia are a fraction of the cost of similar investments in London and New York. • The value of local currency, the ringgit, is far below the Euro, dollar, and pound sterling allowing foreign real estate property investors to benefit from currency gains. • Buying costs are very low in Malaysia at between 3.4 to 6.75% of the property value, including 2.75% agent’s commission (for first MYR 500,0
