Malaysia is favoured by Chinese buyers seeking properties between RM1.2–3 million per unit, according to Juwai.com CEO Georg Chmiel, reports the Malay Mail Online (10 November 2017). Chmiel was a speaker and panelist at the REHDA Institute CEO Series 2017 conference, where he revealed that Chinese buyer enquiries for Malaysia has more than doubled over the past year, and that 65.4% of investors from China buy Malaysian homes for investment purposes, while 58.5% purchase for their own use. “Obviously price is one of the factors along with location, KL is extremely attractive as a purchasing destination, given that nine cities within China are already among the most expensive cities in the world,” said Chmiel. He further shared that Malaysia and Thailand are the top regional hotspots for Chinese property investors. “From our perspective, our projections are that the Malaysia enquiry levels will continue to rise at rates which we have just described. We have put into a place a team of five people in Malaysia to focus exclusively on Malaysia, Singapore and also the Thai market which is of great interest," he adds. “But specifically Malaysia, I do believe the enquiry levels will start to rise."