Why are Chinese buyers flocking to Malaysia’s luxury property market? Investment and education drive surge

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Property Market,News Report On Real Estate

KUALA LUMPUR, Aug 13 — Malaysia is witnessing a notable rise in inquiries from Chinese nationals about luxury homes, with investment and educational opportunities driving this...

Four suspects still on the run as police nab 10 in Maju Expressway kidnapping, RM5.4m in cryptocurrency paid as ransomKuala Lumpur’s prime locations such as the Central Business District and upscale areas like Bukit Damansara, Bangsar, and Kenny Hills are areas of interest to Chinese nationals looking to purchase property.

This figure is nearly double the average price of new apartments, which stands at RM582,887, as reported by the global proptech firm. He added that Chinese buyers now make up the largest segment of foreign purchasers in Malaysia, focusing on properties in Kuala Lumpur and Johor priced up to RM2 million.

According to the report Malaysia has ascended to become the second most popular Southeast Asian destination for Chinese real estate buyers, surpassing its previous third-place ranking in 2022.

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