PETALING JAYA: The reopening of China’s borders on Jan 8 has seen its nationals increasingly enquiring and even buying properties in Malaysia, say real estate stakeholders.
Optimism is also buzzing among stakeholders, who noted that the continued momentum could mark a positive milestone for the industry by the year-end.
He observed that most queries and deals closed were for locations within the Klang Valley as well as Iskandar Puteri in Johor. Overall, Previndran said the response by Chinese nationals and companies since the reopening of its borders was improving.“We are, however, optimistic that it can reach the pre-pandemic state come year-end,” he said.
“There is optimism based on factors such as the unity government, which increases the feel-good factor and boosts investors’ confidence.
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