KL, GE­ORGE TOWN AMONG WORLD’S BEST

Cities named best places to live due to low cost of liv­ing, low crime rate

New Straits Times - - Region - NOR AIN MO­HAMED RADHI KUALA LUMPUR news@nst.com.my

KUALA Lumpur and Ge­orge Town have been named among the world’s best places to re­tire by Live and In­vest Over­seas.

In its 2017 An­nual Over­seas Re­tire­ment In­dex, which took into con­sid­er­a­tion a range of live­abil­ity fac­tors, both Malaysian cities scored A’s, along­side Lis­bon, Por­tu­gal and Abruzzo, Italy.

Also in the list are Kota Kin­a­balu and Kun­dasang in Sabah, which scored B+ and B- re­spec­tively.

The in­dex, cir­cu­lated since July 30, cited low cost of liv­ing, real es­tate af­ford­abil­ity, good in­fra­struc­ture and low crime rate as the ma­jor at­trac­tions for re­tirees to spend their golden years in Malaysia.

In the low cost of liv­ing cat­e­gory, Kota Kin­a­balu, Ge­orge Town and Kun­dasang stood out above the rest.

“Kota Kin­a­balu, where a re­tired cou­ple can hang their hat for as lit­tle as US$1,108.62 (RM4,700), is a place that will surely help save a pretty penny.

“Ge­orge Town… is right be­hind Kota Kin­a­balu at just US$1,135.20 (RM4,800). A new one to our list, Kun­dasang, is yet an­other des­ti­na­tion in Malaysia that of­fers real sav­ings at US$1,161.77 (RM4,900),” the re­port read.

In the cat­e­gory of real es­tate af­ford­abil­ity, Kota Kin­a­balu was sin­gled out for of­fer­ing an av­er­age cost per sq m of US$1,088 (RM4,676)

“If you are con­sid­er­ing spend­ing your re­tire­ment in Asia, you’d be hard-pressed to find a bet­ter spot than Kota Kin­a­balu,” it said.

In the good in­fra­struc­ture cat­e­gory, Kuala Lumpur was placed along­side Paris, France; Bu­dapest, Hun­gary; Mazat­lan, Mex­ico; and Val­letta, Malta.

“Kuala Lumpur has a well-de­vel­oped in­fra­struc­ture that helps roughly 1.7 mil­lion res­i­dents get around with great ease,” it said.

In the cat­e­gory of crime and safety, Kota Kin­a­balu was named se­cond best af­ter Al­garve, Por­tu­gal.

“The Sabah re­gion, in which Kota Kin­a­balu is lo­cated, has his­tor­i­cally low crime rates. Other than the usual crimes of op­por­tu­nity, such as pick­pock­et­ing, Kota Kin­a­balu is very safe.

“Pub­lic drunk­en­ness is out­lawed in Malaysia, re­duc­ing lev­els of pretty crime and van­dal­ism,” the re­port said.

Por­tu­gal’s Al­garve was named the best place in the world to re­tire for the fourth con­sec­u­tive year, with an A+ score.

Neigh­bour­ing coun­tries Thai­land and In­done­sia also made it onto the list. Chiang Mai and Hua Hin were rated A- and B+ re­spec­tively, while both Sa­nur Bali and Bali were rated B-.

FILE PIC

The ca­ble train sta­tion in Bukit Ben­dera, Air Itam. Ge­orge Town is right be­hind Kota Kin­a­balu, where a re­tired cou­ple can hang their hat for as lit­tle as US$1,135.20 (RM4,800).

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