Kl Home Buyer

kuala lumpur has expanded enormously in the last 20 years. continuous migration from the suburb to the city for employment and population growth created high demand for housing. as a result, land for housing development became scarce and prices went through the sky. this prompted developers to build high rise service and residential apartments to cater for housing demand. developers also profited more from building apartments than single or double storey terrace houses. the lack of new landed residential development also pushed kuala lumpur residential property prices out of reach to many. today a landed single storey residential property in bangsar sells for more than rm1.3 million. even during the pandemic, landed residential properties held on to their value. to cater for the residential housing demand, developers started building service apartments on commercial lands and condominiums at residential plots. hence many high rise accommodation proliferated all over kl city cha