Kuala Lumpur, Malaysia

Kuala Lumpur (also known as KL) is the capital city of Malaysia. The metropolitan area of KL, or Greater KL, has a population of around 7 millions. It is the most racially diverse city in Malaysia, with the population made up of mainly Malays, Chinese, Indians, Banglas, and Indons. The public transportation in this city is very well built, with many LRT & MRT train lines, supported by RapidKL shuttle buses.

As for the real estate market, Kuala Lumpur has the most expensive properties in the country due to it being the capital city and houses many GLC & multinational headquarters. Besides, KL also has the most foreigner-friendly real estate investment policies by the federal government, as foreigners can easily buy any residential properties here without any restrictions, as long as the price is above RM1 million.

The following shows the property transactions in KL over the last few years:

Most foreigners who invest in KL properties usually prefer high-end condominiums in the few expat-friendly hotspots, such as Jalan Ampang, KLCC, and Mont Kiara. On the other hands, the locals will prefer landed residential properties in established neighbourhoods, such as Bangsar, Damansara Heights, Desa ParkCity, and Taman Desa. This observation may be due to foreigners prefer condo facilities for their families' enjoyment, while the locals look more towards capital appreciation of the land their house built on.

Latest for sale listings:

Date Type Builtup Price
Today Condominium 1,262 sf RM700,000
Today Terrace 2,600 sf RM1,080,000
Today Condominium 1,000 sf RM437,000
Today Condominium 719 sf RM446,000
Today Low-Cost Flat 650 sf RM180,000
Today Low-Cost Flat 720 sf RM218,000
Today Terrace 2,640 sf RM718,000
Today Terrace 1,200 sf RM675,000
Today Condominium 3,285 sf RM3,078,000
Today Condominium 1,203 sf RM1,200,000

Latest for rent listings:

Date Type Builtup Rental
Today Room In Apartment -NA- RM1,400
Today Room In Apartment -NA- RM1,400
Today Condominium 1,019 sf RM2,100
Today Semi-Detached 3,000 sf RM2,800
Today Semi-Detached 3,000 sf RM2,800
Today Semi-Detached 3,000 sf RM2,800
Today Semi-Detached -NA- RM2,800
Today Semi-Detached -NA- RM2,800
Today Room In Apartment -NA- RM370
Today Room In Apartment -NA- RM370