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According to data released by global network IQI, Malaysia has become the second most popular country in Southeast Asia for Chinese property buyers, improving from third place in 2022. This improvement is attributed to its convenient location, economic stability, international education sector and real estate market growth.
Kashif Ansari, co-founder and CEO of Juwai IQI, pointed out that Malaysia has attracted a large amount of foreign real estate investment, and about 60% of Chinese buyers regard investment as their main purpose. He also said that Chinese buyers usually consider their children’s education when choosing properties and therefore prefer communities with international schools.
He expects Malaysia to maintain its competitive position in the Southeast Asia region over the next two years.
(Source: freemalaysiatoday Image source: unsplash)
