Kuala Lumpur remains most affordable prime residential market in APAC

This helps enhance its appeal in the sector along with its other APAC peers.

In a recent report, JLL said “Kuala Lumpur maintains its position as the most affordable prime market in the APAC region, attracting a diverse range of investors and enhancing its appeal in the residential sector alongside established markets like China, Singapore, Australia and Japan.”

Government initiatives, including favourable interest rates and stamp duty exemptions for first-time buyers, aim to stimulate Kuala Lumpur’s property market, JLL added. These policies are expected to drive growth and attract diverse investors to the prime residential sector.

Here’s more from JLL:

Kuala Lumpur’s urban core experienced a surge in demand, propelled by ongoing urbanisation trends and the city’s position as a key economic hub that attracts, in particular, young professionals and high-net-worth individuals.

Foreign investment, notably from Chinese investors, is on the rise in the luxury residential segment, driven by Malaysia’s political stability and favourable visa policies, which enhance the appeal of prime properties in Kuala Lumpur.

In KL’s prime area, there are two upcoming residential projects scheduled for launch

MET 1 Residences at KL Metropolis and Core Residence were completed this quarter, adding a total of 1,196 units to the available stock.

Two projects, Lofthill Residence and Aetas Seputeh, were launched during the quarter, with a total of 779 units.

Outlook: Kuala Lumpur’s prime residential market poised for growth amid balanced supply and foreign investment

Kuala Lumpur’s prime residential market faces supply pressure on capital values, yet sees stable demand from urbanisation and rising foreign investment, particularly from Chinese buyers attracted to Malaysia’s stability and favourable policies.

New high-quality developments are expected to rejuvenate the rental market. Kuala Lumpur’s status as APAC’s most affordable prime market, along with government wealth-attraction initiatives, is likely to sustain investor interest and drive capital appreciation.

Follow the link for more news on

JLL

Also Read

Melbourne apartment supply likely to fall until 2026

Mumbai new prime residential launches hit record high of over 10,000 units

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit