Juwai IQI said in a report that many Chinese buyers believe Malaysia’s property market will recover from its current weakness in the coming year and they will be rewarded for their investments.
“Malaysia’s new premium visa programme opens the door to wealthy migrants who wish to reside and work in the country. “The conditions are not demanding and the benefits of living in Malaysia on a long-term visa are very attractive. On the South-East Asian level, besides Malaysia, other top property investments by the Chinese are Thailand and Vietnam.
The residential property sector recorded 116,178 transactions worth RM45.62bil in the period under review, increasing by 26.3% in volume and 32.2% in value y-o-y.
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