The coronavirus outbreak is affecting foreign property buyers' interest in Malaysia, especially buyers from Hong Kong and China, reported Property Guru (19 February 2020). Sales coming from these two regions have slowed down but demand for Malaysian properties is expected to jump after the coronavirus effect is over. According to Juwai.com, Chinese buyers bought RMB8.4 (US$2 billion) worth of properties which is 12.1 per cent of overall transaction value in 2018 and around RM4.3 billion worth of new residential developments in Malaysia is targeting foreigners, including Hong Kong and Chinese investors.
