According to a survey of 386 Malaysian real estate agents, Malaysia's residential real estate prices, rents, and sales numbers will increase significantly next year and in 2021, reported the New Straits Times (23 December 2019). executive chairman Georg Chmiel said Malaysia is attracting companies and operations that otherwise might have gone to China. "The lower price threshold for foreign buyer purchasing will also help absorb some of the unsold inventory that has been weighing on the market."