Apartment for sale in Kuala Lumpur, Federal Territory Region, Malaysia

Following 1997's Asian financial crisis, central KL saw a surplus of prime office supply which resulted in a decade long "freeze" on prime office development. Since then, Malaysia's economy has bounced back, resulting in both domestic and foreign demand for property.

Today, in KL grade A office buildings are 96% occupied with very little new stock available over the coming years. The Malaysian economy continues to grow and attract foreign investment which further strengthens demand in the face of limited supply.


Strategically located at the main Southern Gateway of KL and five minutes from the city centre, Southgate offers commuters excellent accessibility to the majority of KL's primary highways whilst bypassing traffic congestion.
LOCATION
* In 2007 annual GDP growth was 6.

3%
* The growing economy is leading to higher incomes and growing spending power
* High office occupancy levels - 96% within the Golden Triangle
* Limited effect from the sub prime crisis due to strong domestic demand
* Kuala Lumpur (KL) City: Boarding the Golden Triangle
* KL is the capital of Malaysia and a modern world-class city of nearly 2 million people, the
* largest city in the country
* Located at the main southern gateway of KL City; 5 minutes from the city centre
* Southgate is easily accessible via major roads and highways.
* Highly visible location with half million passengers driving past the location each day
FACILITIES and FEATURES
* A contemporary investment grade, lifestyle commercial development
* Mixed Use Commercial: Retail, Restaurants, Cafes and Offices
* Ample Parking
PAYMENT PROCESS
* IP client fee of HK$ 15,000
* 2% Non refundable reservation deposit
* Upon signing the SPA 8%