Chinese residential property investment in Malaysia could double by 2025, reports the New Straits Times (29 March 2018). According to Juwai.com CEO Carrie Law, this projection is feasible as a Credit Suisse report revealed that China was already home to 1.6 million US dollar millionaires even back in 2016. “Because of their prosperity, these individuals dominate the buying of international property,” quoted Law in a Juwai “Belt and Road drives Chinese real estate investment in Malaysia” report. Chinese buyer average monthly views for Malaysian property grew 21.3% on Juwai.com in H1 2017 alone, and that Chinese investor enquiries for Malaysia have more than triled since 2015. “They are purchasing for their own use, including for the purposes of housing their children who are studying abroad in Malaysia,” said Law.
