Real estate industry leaders IQI Global and Juwai.com expect Malaysia's Budget 2020 to be people centric, growth focused and confidence driven, reported the Borneo Post (8 October 2019). Shan Saeed, chief economist for IQI Global, which has more than 6,000 real estate agents in Malaysia, Southeast Asia, and the rest of the world said he hope the government will continue to bolster business sentiment at the macro-level. Meanwhile, Juwai.com's Executive Chairman, applauds the Government's call to sell unsold residential units priced above RM1 million to foreigners. "This is a good move. There is a steady increase in demand from mainland Chinese Hong Kong Chinese buyers wanting to invest in property in Malaysia."
