Asia Pacific Regional Overview - NAI Commercial Real Estate

Kuala Lumpur MalaysiaMarket SummaryCountry Population24,822,000 (Dec 2007 est.)Area (sq km)329,750GDP (in US$)$176 billion (2008 est.)GDP Growth (%)5.6% (2008 est.)GDP Per Capita (in US$)$6,445 (2008 est.)Inflation (%)2.4% (2008 est.)Interest Rate (Federal Funds Rate) ¹ (%) 3.5%Unemployment (%)3.1% (2008 est.)CurrencyMalaysian ringgit (MYR)Exchange Rate (US$ and date)1 MYR = .3198 USD (3/179/08)Exchange Rate (Euro and date)1 MYR = .2032 EUR (3/17/08)Market NameKuala LumpurMarket City Population6,933,548 (2007 est.)About the MarketKuala Lumpur, the capital city ofMalaysia, is a dynamic metropoliswhere people from diverse cultures liveand work. The iconic Petronas TwinTowers and other Grade A officeshere are mostly occupied by financialinstitutions and global companies.Manufacturing and logistic facilities arepredominantly located in industrialparks within the neighboring State ofSelangor, mainly in the cities ofPetaling Jaya and Shah Alam.Other well planned industrial parks arenearer to Port Klang and within the 30kilometer radius of the Kuala Lumpurcity centre.47