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
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
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.