In some countries, to join the top 1 percent group, it could be millions and the millions could be in US$. In Malaysia, we just need RM2.1 million (USD485,000). Haha. Ok, that’s still millions but compare this to US$6.6 million for Switzerland or US$3.5 million for Singapore and suddenly this US$485,000 looks attainable. Well, in Singapore, even owning a fully paid HDB flat with a decent size in a popular neighborhood would already make the owner a millionaire in S$ too. Take a look at some of these transactions. Just note that not all areas are created equal yeah. When it comes to property, the more people want that area, the higher the price goes up.
Are you wealthy enough to join the top 1 percent in Malaysia? How much do you need, really?
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