Actually earning 700K per annum is consider Ok in Malaysia.

My ex-roommate during University time which is an IT geek currently earning RM1-2 million per month. Currently, he owned 11 properties which is some located at NZ & Australia; also he owned 7 cars  ie: BMW X6, Lambo Murci, Porsche Panamera, Hummer H3 etc. He is only 29 years old this year.

Too Bad, he is in illegal business so currently he is busy entertaining all the "Declaration" Letter from LHDN, Bank Negara & recently Kementerian Hal-Ehwal Dalam Negeri also want to belanja him drink coffee at their Putrajaya office.