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Posts Tagged ‘Kuala Lumpur Property’

Developers Breathe New Life In To Kuala Lumpur Property

kuala-lumpur-vertical-skyline-klcc-towers-amazing# Kuala Lumpur’s property developers are taking simmering projects off the backburner and readying to launch new developments as the local property market picks up.

For the past year, developers have shelved plans for new building and consolidated by selling homes that were ready-built.

As demand for residential mortgages picks up, developers are opening show homes and testing the water by inviting prospective buyers to sign registers of interest.

Most developers have a tipping point of registrations that then kicks off development.

Kuala Lumpur’s housing market is mainly focused on a young, well-paid local population moving in to the city for work in hi-tech and financial sectors.

For Sale by Owner – 2 Bed Apartment KLCC Apartment in Hampshire Residences (1270 Sq. FT)

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A unique and spacious 1270sqft â™  centrally located in the heart of the Golden Triangle in KLCC, the heart of the Malaysia economy, just 5 minutes walk from the world-famous Petronas Towers is for sale by owner. The apartment is luxuriously furnished with contemporary designer furniture, fitted kitchen, walk-in wardrobes, Hansgrohe fittings and broadband ready. This corner residence gives magnificent city views over the tree-lined streets of KLCC.

Axis Residences Deluxe in Kuala Lumpur Malaysia

The Axis Residence Deluxe is a 33 storey serviced apartment block in Pandan, Kuala Lumpur, Malaysia. With a fast expanding economy, Malaysia shows a GDP growth of over 5.5% since 2004 (confirmed at 6.1% for 2007).

As the capital city, Kuala Lumpur is placed ideally to benefit from this growth and has therefore developed into a modern, world-class city with a population of almost 2 million.

Compared to other parts of Asia like Hong Kong and Singapore, prices in Malaysia are still lower. Axis Residences Deluxe is the highest-end real estate in one of the fastest developing areas of Kuala Lumpur, where average household incomes are expected to double in the next 4 years.

Property Buyers Guide To Malaysia

Back in April we posted about the Malaysia Property Time Train. In this article we mentioned the possibilities of an economic stalemate, affected by outside forces more or less. Crude oil prices, interest rate hikes and other factors could well influence the market as it was.

Well, fast forward a little bit over two months later and the Malaysian property market looks unaffected. Hailed as one of the strongest markets in the world right now, Malaysia is still attracting an influx of developers and investors looking for the property mekka.

With an expected appreciation of around 15% over the next two years, current buyers seem to be in the right position for future growth.

Therefore we thought it a great idea to showcase a property buyers guide to Malaysia, helping you to understand what needs to be considered when buying into Malaysian real estate.