Despite some reservations about the scale of foreign property investment in Malaysia, much of which is from China, interest in real estate by Chinese investors remains high, a new report says, according to Investvine (30 November 2019). Mainland Chinese buyers accounted for $2 billion worth of property sales in 2018, which is 12.1 per cent of the total transaction value, according to a study by Chinese international property portal Juwai.com and Malaysian real estate agency network, IQI Global. "In the first half of 2019, Malaysia was the fifth most popular country for Chinese property buying inquiries in the world," said Juwai.com executive chairman Georg Chmiel, adding that Malaysia ranked behind Thailand, Japan, Australia and Canada.
