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In 2019, the Best Time to Seize the Property Market in Kuala Lumpur!

Update Date:2019-5-16 16:55:29 Source:Tannet (Malaysia) Sdn Bhd Views:472

If you have a time machine, you can travel through Kuala Lumpur in 2020. What you see will be a PLUS version of an international metropolis, a more glamorous city, more international companies, faster financial capital, and a larger net worth. You will sign with regret for not investing in the property market in Kuala Lumpur.


Like the domestic five-year plan, Malaysia also has a fixed urban development cycle. The “Greater Kuala Lumpur” plan mentioned by Xiaoxun in the previous section is expected to come to an end in 2020, and the large-scale project packages will be settled and fulfilled. In order to maximize the return on investment by choosing to seize the “original shares” of the “Greater Kuala Lumpur” plan by 2020!


Kuala Lumpur will become a world-class financial center in 2020.


In 2020, Kuala Lumpur’s future commercial and financial center “Tun Razak International Trade Center” will be put into operation on a large scale. The 106 tower, which is 492 meters high, will surpass the Twin Towers and become the next city landmark in Kuala Lumpur. According to the ETP program, the Tun Razak Exchange Center (TRX) is positioned as a financial and trade service center, and has attracted many international banks and companies from Fortune Global 500. It is estimated that a total value of RM26 billion can be created for Malaysia. There will be hundreds of internationally renowned companies stationed in Malaysia and create 500,000 jobs. This will help Kuala Lumpur achieve financial growth and become the next New York Manhattan, the next Shanghai Lujiazui.


The Multimedia Super Corridor (MSC) will be fully developed in 2020.


The “Multimedia Super Corridor” (MSC) is a long-term plan initiated by the Malaysia government since 1996. The deadline is exactly on 2020. According to the plan, by 2020, the whole of Malaysia will be transformed into a large information corridor, which will have 12 “digital cities” to connect with the global information superhighway. It also attracts about 500 international multimedia companies to operating and developing in Malaysia.


In order to attract foreign investment, the Malaysia government has formulated up to 10 preferential policies for the MSC, including “freely to raise funds on a global basis” and “can be exempted from a profit tax of up to 10 years”. Under the excellent investment environment, companies such as Google, Facebook, Apple, Huawei, Samsung, Mango TV, PricewaterhouseCoopers (PwC), and China Telecom have all entered Malaysia. KL Sentral is one of the government focuses on building the Multimedia Super Corridor. The well-known Ma Yun will also select Kuala Lumpur as an experimental area for Alibaba’s first overseas e-WTP “Electronic World Trade Platform”.


It will be the next cycle of Kuala Lumpur In 2020.


In addition to a large number of favorable centralizations, Malaysia will enter a new development cycle in 2020. Under the leadership of the new Prime Minister Mahathir, more high-standard plans will surface. For example, the much-anticipated Kuala Lumpur–Singapore high-speed rail will resume construction until May 31, 2020, and it will take only 1.5 hours from Kuala Lumpur to Singapore.


The Trans-Asian Railway (TAR) will also have faster progress after 2020. It is expected to be completed in 2021. By then, the train will go south from Kunming and pass through Southeast Asian countries.


In 2020, the Kuala Lumpur International Airport will be expanded. There will be two airport terminal buildings, a total of four satellite terminal buildings, capable of accommodating 100 million passengers per year.


Before 2020, Kuala Lumpur’s housing prices are still on Malaysia’s standard, but after 2020, it is bound to start to move closer to international standards! It is the most cost-effective investment to invest in the Kuala Lumpur property market before 2020!


News from - < MalaysiaKini >

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