melmartinez01

Kuala Lumpur is not yet the same as Singapore or Hong Kong. Firstly, there’s no serious issue with scarcity of land. Secondly, unlike these high-growth economic hubs which attract top-level executives as MNCs set up regional head offices, KL sees more mid-level expatriates coming in to work in factories or on construction and infrastructural projects. These mid-level executives are unlikely to pay the high monthly rentals for luxury properties.