3. Kuala Lumpur, Malaysia
The Malaysian capital is among world’s 25 most globalised cities and secures its importance as an important gateway to the country and the South-East Asia region. The city was reported to be the 6th largest destination for foreign direct investment last year which clearly demonstrates its strong international demand. The healthcare facilities here are perhaps the best in the entire region and many people from the South Asian countries come here in pursuit of quality education.
The city has one of the best planned and developed residential environments. The government keeps the city well supplied with quality infrastructure whenever needed and the iconic landmarks here continue to attract hordes of tourists. KL 118 tower, Kuala Lumpur’s new landmark, is slated for completion in 2020, but once developed it will reach a staggering height of 635 metres and become an iconic structure attracting more tourists and businessmen to the region.
Per numbeo.com the price to income ratio in Kuala Lumpur is 9.82. The gross rental yields in city centre are reportedly 4.79%, whereas gross rental yields outside city centre stand at 4.73%.
For business, the city is developing the Tun Razak Exchange project, which aims at establishing Kuala Lumpur as one of the world’s leading financial centres. Jobs are plenty here if you are a skilled worker and the strategic location of the city also makes it a good trading point for global businesses.
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