Buyers from China bought RM8.4 billion properties in 2018

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Buyers from China bought RM8.4 billion properties in 2018
Malaysia Latest News,Malaysia Headlines
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Malaysia is the fifth most popular country for Chinese property buying enquiries in the world. FMTNews Property RealEstate

Some RM4.3 billion worth of new residential building construction in Malaysia is targeted at foreign and Chinese investors.

“There is a real debate in Malaysia about whether foreign investment is good or bad for the country. We wanted to find out for sure, so we put our researchers on the task. “What makes Malaysia special is that it has a very vigorous and effective regime of policies that direct foreign buying into those parts of the property market that most benefit the country.However, he said the government of Malaysia has much more control over foreign property buyers than does the government in the US and many other countries.

“In the first half of 2019, Malaysia was the fifth most popular country for Chinese property buying enquiries in the world,” he said. He said the country has affordable standards of living, high quality of life, medical facilities, and accessible educational institutions.

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