According to Juwai IQI’s Asia-Pacific Cross-Border Residential Property Buying Trends report for Q1 2024, Malaysia ranks third for outbound cross-border property investment, after Mainland China and Hong Kong.
The report notes the growing purchasing power of Malaysian consumers and their interest in international property investments.
The property investments are particularly in Thailand, Australia, Vietnam, Indonesia, Singapore, Spain, the UK, Greece, Japan, and the US.
Kashif Ansari, Co-founder and Group CEO of Juwai IQI, highlighted that Malaysia is a dynamic player in outbound investments.
Malaysian investors are expanding their horizons and diversifying their portfolios, which will continue as the global market evolves.”
Kashif Ansari
In addition to outbound investments, Malaysia is also a top destination for inbound property investment.
The report ranks Malaysia as the second most popular for Singaporean buyers, sixth for those from Hong Kong, and seventh for buyers from mainland China.
Key factors attracting foreign buyers include Malaysia’s strategic location, major infrastructure projects, favorable investment climate, high yields, and diverse property market.
Additionally, the appreciation of foreign currencies against the Malaysian ringgit has boosted affordability for regional buyers.
Learn more here: The Edge Malaysia, MSN, Berita Harian, Astro Awani, Dagang News
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