Chinese buyers accounted for RM8.4 billion worth of property sales in 2018, which is 12.1 per cent of the total transaction value and 0.4 per cent of total transaction share, according to an economics report from Chinese international property portal, Juwai.com, and Malaysian real estate agency network, IQI Global, according to The Star (11 November 2019). "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. It turns out that foreign property buyers have a positive economic impact that goes well beyond the purchase price they pay and also well beyond the related taxes and fees," said IQI Global group chief executive officer Kashif Ansari.
