Why Invest in Malaysia Property? “Malaysia Economy Transformation plan will positively impact the real estate sector in Malaysia!” This is the very reason foreigners are now begin to explore answers to why invest in Malaysia Property now! Malaysia Government has set the following targets of Malaysia Economy Transformation Plan (ETP) : To lift Malaysia’s gross national income (GNI) per capita to more than USD 15,000 by year 2020 To sustain GNI growth of 6% per annum To continue shift towards a service-based economy in greater measure to increase current growth from 58 % to 65 % in the same period To create more than 3.3 million new jobs spread across the country in urban and rural areas To transform the new jobs will result in a shift towards middle and high-income salary brackets To transform Klang Valley into Greater Kuala Lumpur into a world-class city, including introducing 5 new MRT lines,TRX (Financial Hub) and 100 storey building of Warisan Building To initiates more activities in building alternative energy generation capacity and conserving our environment to promote eco-tourism. Source from pemandu.gov.my and malaysia.my. The latest news that will bring Malaysia to the greater height: In Feb 2013, both leaders of Singapore and Malaysia have agreed to build a high-speed rail link between Singapore and Kuala Lumpur that will significantly cut travel time for commuters to just 90 minutes, expected ready by the year 2019! Prime Minister Lee Hsein Loong said: “It’s a strategic project for the two countries. It will change the way we see each other. It’s the way people in London and Paris are able to – think of it like twin cities where you can commute, go up there, do business, meet friends have a meal and come back, all within maybe two-thirds of a day. ”And I think it’s going to be a game-changer. It will transform the way people interact, the intensity of our cooperation and the degree in which we become inter-dependent on one another and therefore have stakes in each other’s success.”
Posted on: Mon, 26 Aug 2013 12:26:09 +0000
Trending Topics
Recently Viewed Topics
© 2015