Malaysia officially operating of world's largest low-cost airport, tourism lead strong demand on real estate industry, property price increase 50% in 5 years.

Kuala Lumpur Second International Airport (KLIA 2) officially began operating on 2 May. This is the world’s largest low-cost airline exclusive airport, will attract tourists from all over the world sightseeing to Malaysia after the formal opening. Tourist industry will lead a strong consumer demand for real estate industry. Especially Kuala Lumpur real estate market have the rental return rate of 4% -8%, will attract more international investors, let Malaysia’s real estate industry be the focus of Southern Asia intention.

Malaysia officials said, KLIA 2 will be the world’s largest low-cost airline exclusive airport, daily service of up to seven thousand people, at least 54 domestic and international flight takeoff and landing, including Tiger Airways, Malindo Airlines, Lion Air and Cebu Pacific Air. Starting from 9 May, Air Asia flight departure from Taiwan will also landing at this airport. Executive vice president of TW House International Sdn Bhd Mr. Jeff Fang said, traffic route always the main indicator to lead economy and real estate growth, Kuala Lumpur is a world class city, high degree of dependence on airport. Therefore, real estate located radius between airport and city is directly benefit area.  Kuala Lumpur – Singapore bullet train project terminus will be located at Bandar Malaysia, Kuala Lumpur. These make more competitive for Kuala Lumpur’s real estate market, and create more profitable.

According the research of TW House International Analysis Centre, rapidly development of surrounding area attract more international tourism and employment, high demand on real estate industry lead the housing price to rise continuously. Compare with year 2009, housing price had an amazing increase of at least 40% to 50%. Original price of NT $ 4 million property now worth of 5 or 6 million, amazing rise in value. With outstanding future economic outlook, property value still have the increment possibility.

Malaysia government set year 2014 as ‘Tourism Malaysia’, a lot of celebration, culture and art activities will be launched, additional with officially opening of KLCC 2 airport, estimate of 36 million tourists will visit Malaysia at year 2015, be a greater support for real estate industry’s growth.