KL in the big league

PUBLISHED : Friday, 30 March, 2012, 12:00am
UPDATED : Friday, 30 March, 2012, 12:00am


Kuala Lumpur has joined London and New York as having the brightest real estate outlook in the first quarter, according to an IP Global Property report. A healthy business environment will enable the capital's properties to deliver strong returns, with price increases between 5 and 24 per cent, the report says. London property prices are forecast to grow 5 per cent this year. New York is the subject of renewed interest from cash-rich investors.