More Malaysians now living in posh areas


Siva: ‘Previously, condominiums in the Klang Valley were mostly purchased by investors and rented out to expatriates.’

PETALING JAYA: Many Malaysians are now occupying high-end condominiums and apartments in prime locations in the Klang Valley, including the KLCC and Mont Kiara areas, which were previously exclusive to mostly expatriates.

The Malaysian Institute of Estate Agents (MIEA), which said it has been seeing a demographic shift in the past 10 years, said gone were the days when areas such as the KLCC and Mont Kiara were home to mostly expatriates.

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