Overview

The East Coast Economic Region (ECER) is envisioned as a pro-business and investment friendly environment. Complete with packages of soft and hard infrastructures, the Region is set to boost its domestic and foreign direct investment which indirectly will create spin-off construction activities.

In a study done from 2005 and 2006, ECER’s share of property transaction are the lowest amongst the total property transaction in Malaysia, in comparison to the West Coast of Peninsular Malaysia.

Property transaction in the ECER for 2006 were:

By the year 2020, the construction sector is expected to contribute about 3.3% to the GDP in East Coast Economic Region (ECER).

The property sector in the ECER capital cities is expected to more than double its current size by 2020.

The construction industry will also provide job opportunities to approximately 143,000 people which represents about 8% of the total employment in East Coast Economic Region (ECER) in year 2020.

The successful implementation of the East Coast Economic Region (ECER) Master Plan will increase the land development potential in the Region. This offers great potential and opportunities in real estate development, particularly in leisure, commercial, industrial and residential properties.