More foreign buyers are expected to fill in the local property market in 2020 due to the reduction of floor price threshold for foreigners, reported the Malaysian Reserve(9 January 2020). According to a survey conducted by Juwai IQI, 80% of real estate agents anticipated more foreign customers for the next 12 months compared to a year ago. “For 2020, we believe the market will remain resilient. The current economic climate and historical data speak for a rebound in Malaysia’s real estate market throughout 2020,†said Juwai IQI Group executive director Kashif Ansari.
