MALAYSIA - Kuala Lumpur and Malacca have been gaining popularity among some real-estate investors.
Those looking to go beyond Singapore will find luxurious facilities built exclusively for residents' enjoyment in both cities.
Kuala Lumpur's upcoming Mass Rapid Transit lines - with the first line, from Sungai Buloh to Kajang, expected to be completed next year - and a high-speed railway that will connect the Malaysian capital to Singapore make Kuala Lumpur particularly attractive, an S P Setia International spokesman said.
He told My Paper: "There is a lot of potential for estate prices in Kuala Lumpur to go up, due to the upcoming infrastructural improvements."
Malacca, a Unesco heritage city that saw more than 12 million tourist arrivals last year, has seen an increase in residential property prices from RM250 (S$100) psf in 2009 to RM950 psf last year.
Considering investing? Here are two developments to look out for.