KUALA LUMPUR (May 22): According to the Deutsche Bank’s 8th annual survey of global prices and living standards, Kuala Lumpur ranked No 49 to rent a mid-range 2-bedroom apartment at US$448 month.
The most expensive city to rent such a property is Hong Kong where you will have to fork out US$3,685.
Coming in at No 2 is San Francisco where you will have to pay US$3,361, No 3 New York city at (US$2,909) followed by Zurich (US$2,538), Paris (US$2,455), London (US$2,338), Boston (US$2,201), Dublin (US$2,018), Sydney (US$1,969) and Tokyo (US$1,903).
Our southern neighbour Singapore just missed out on the top 10, ranked at No 11, requiring folks there to pay US$1,893 to rent such properties.
As for other Asean capitals, Jakarta was placed No 42 (US$662) and Manila No 48 (US$563)
For other parts of Asia, cities that were expensive are Shanghai (No 24, US$1,432) and Seoul (No 32, US$1,049).
Also more expensive than KL was Mumbai (No 46, US$616).
There were 55 countries in the Deutsche Bank annual survey list for this category.
At No 55 was Cairo where renting a mid-range 2-bedroom apartment will set you back just US$285.
The survey also covered aspects such as quality of life to the cost of a cheap date and how much to buy a “New Mid-Size Car (Equivalent to Volkswagen Golf), no Extras”.
TOP PICKS BY EDGEPROP
Flat PKNS, Seri Kembangan
Seri Kembangan, Selangor
Bandar Baru Sri Petaling
Bandar Baru Sri Petaling, Kuala Lumpur
Springfield Residences @ Setia EcoHill 2
Semenyih, Selangor
Saville Residence
Jalan Klang Lama (Old Klang Road), Kuala Lumpur