Myanmar investors are to get a second chance to invest in Malaysia’s luxury property market. Singapore-based KAE Alliance is selling another set of units at the Paradiso Nuova luxury condo in Medini city, said Ko Naung Ko Ko Latt, the company’s sales consultant.
The high-rise condo, on a 2.2-acre (0.88-hectare) plot, involves two 35-storey towers built by the Chinese Zhuoda property group and the Malaysia-based Medini Islanda company.
The development is located in Iskandar, Malaysia, on a purpose-built site near the border with Singapore.
“At K250 million, the units are cheaper than some Myanmar luxury condominiums. The Malaysian ringgit has fallen in value this year, so it’s a good time to invest in Malaysia’s property market,” said Ko Naung Ko Ko Latt. (Courtesy of Myanmar Times)
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