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Monday, September 26, 2016


KUALA LUMPUR: Global real estate consultancy Knight Frank has rated Malaysia as offering the best value for money for real estate investors in the world, and the highest yields and least volatility in the market across the Asia-Pacific region.

Knight Frank LLP's 2017 Global Cities report, which analysed real estate markets across 30 countries, favourably cited Malaysia, where a prime office building of over 390,000 sq ft could be purchased for just US$100 million.

"Coupled with the step-up on transport infrastructure development, which increases mobility and connectivity throughout Greater Kuala Lumpur, this transformation gives the city the edge, and represents the best value propositions for any multinational corporations (MNCs) or investors in the Asia-Pacific region," said Knight Frank Malaysia managing director Sarkunan Subramaniam at the 2017 Global Cities report briefing here yesterday.

The report, however, said that Kuala Lumpur's prime office rents are forecasted to experience negative growth at 1.1 per cent.

In addressing this, InvestKL Malaysia chief executive officer Datuk Zainal Amanshah said instead of seeing the downturn as unfavourable, the negative growth positions Malaysia as an attractive business location for MNCs and investors.

"Kuala Lumpur today has several business hubs for investors to choose from.

"Global MNCs are looking at the city's fluid business ecosystem and cost-competitive factor as favourable advantages, compared to other major cities in the region.

"Kuala Lumpur's competitive real estate rates, cost-effective talent and generally lower operations costs are main criteria considered," said Zainal.

As of 2015, InvestKL has attracted 51 MNCs with a cumulative approved or committed investment of RM5.9 billion.

Read more here

Friday, September 16, 2016


Global design and consultancy firm Arcadis released a report on the most sustainable cities in the world.

Arcadis said it ranks 100 global cities across three sectors of sustainability — “People, planet and profit.”

Nestled within the report, entitled “Sustainable Cities Index 2016: Putting people at the heart of city sustainability” is a “profit sub-index” which ranks all the cities in the world in order of wealth and economic sustainability.

It basically examines a city’s performance from a business perspective, combining measures that are indicators that can be “broadly be thought of as capturing economic health:”
  •        Transport infrastructure (rail, air and trac congestion)
  •         Ease of doing business
  •         Tourism
  •         GDP per capita
  •         The city’s importance in global economic networks
  •         Connectivity in terms of mobile and broadband access
  • ·      Employment rates

Naturally, cities that are considered major global financial centres ranked highly, as they tend to be most prosperous and have a highly-developed living infrastructure.

The more business is done in these key cities, the more money that flows through that area.

The group said “the profit sub-index is related to cities’ wealth, as the economic development indicator is the city’s gross domestic product (GDP) per capita (essentially, average economic output).”

Take a look at the top 19 cities:

19. Kuala Lumpur, Malaysia — The Asian city is one of the world’s key hubs for Islamic finance and has one of the fastest growing economies in the world.

Read the rest of the article here.

Saturday, August 20, 2016


Kuala Lumpur, Malaysia’s glittering capital has all the makings of a world-class city. With its high rise buildings, contemporary hotels, swanky shopping malls, and international cuisine, Kuala Lumpur, or KL as it is commonly known, is Malaysia’s most developed and happening city.
The city, which took roots as a small time mining town, has in a matter of 150 years, grown into a completely modern metropolis, with the spectacular Petronas Towers, the world’s second tallest buildings, flaunting its rise to international fame. Kuala Lumpur’s mining industry attracted people from across the world including Britain, China and India, and the joint influences can be seen in the city’s architecture, cuisine, customs, and traditions. It is this multicultural character that makes KL such a fascinating place. The vibrant and colorful atmosphere of the city can be best experienced in the Chinatown, Little India and Kampung Baru, the heartlands of KL’s Chinese, Indian, and Malay communities.
The hedonists can find pleasure shopping to their hearts content in the sleek malls during the day and in the cranking nightlife after the sun sets. But for all its urban landscapes, KL is very traditional in heart. You can experience tranquil moments in its beautiful parks or in the impressive colonial-era buildings. Modernity blends with traditional charm— here you can see pre-was shops and hawkers share space with skyscrapers and spectacular high-rises. This is Kuala Lumpur, your gateway to a unique holiday experience.

Things To See

Take a walking tour of Kuala Lumpur to soak up the sounds, and smells of this colorful city. The central hub for all activities is Datran Merdeka (Independence Square). Also worth admiring is the Sultan Abdul Samad Building, with its intriguing mix of Victorian and Moorish architecture. Providing a striking contrast to the colonial architecture are the Masjid Negara (National Mosque) and Masjid Jamek (Friday Mosque), with their distinct Islamic influence. The ornate Kuala Lumpur Railway Station, now no longer functional, is a cross between the two architectural forms. The western suburb of Bangsar Baru, with its pavement cafes has also captured the imagination of the visitors and locals alike
You can read the full article here