{"id":17603,"date":"2020-05-15T12:55:07","date_gmt":"2020-05-15T04:55:07","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=17603"},"modified":"2026-01-09T16:17:05","modified_gmt":"2026-01-09T08:17:05","slug":"malaysia-stands-as-sixth-preferred-destination-for-chinese-property-buyers","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/malaysia-stands-as-sixth-preferred-destination-for-chinese-property-buyers\/","title":{"rendered":"Malaysia stands as sixth preferred destination for Chinese property buyers"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>Malaysia has maintained its ranking as the sixth most preferred destination in the world for Chinese property buyers for the second consecutive year.<\/p>\n<p>Based on a report by Juwai IQI on top 10 Chinese buyers picks for 2019, Malaysia is more popular with Chinese buyers than the&nbsp;United Kingdom (7th place), Vietnam (8th place), and Singapore (11th place).<\/p>\n<p>&ldquo;The data&nbsp;is based on real estate buying enquiries on properties&nbsp;in more than 90 countries from the company&rsquo;s more than 3.3 million Chinese visitors per month,&rdquo; said Kuala Lumpur-based Juwai IQI executive chairman Georg Chmiel in a statement today.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<div class=\"mx-auto mb-4\">\n<div id=\"jssor_1092490314141\" data-jssor-slider=\"1\">\n<div>\n<div data-scale-ratio=\"1\">\n<div data-u=\"slides\">The top five favourite destinations for Chinese property buyers are Thailand, Australia, Japan, the United States and Canada.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<div id=\"bernama_mb_mid1\"><\/div>\n<p>&ldquo;Malaysia has long been a favourite investment choice for Chinese buyers.&nbsp;It has affordable standards of living, high quality of life, medical facilities&nbsp;and accessible educational institutions,&rdquo; he said.<\/p>\n<p>Chmiel also said that the attractive terms of the Malaysia My Second Home (MM2H) Scheme also made the country a truly attractive destination&nbsp;as Malaysia consistently ranks as among the best places to live in.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>In 2018, Malaysia&rsquo;s average house price stood at RM416,993 (US$100,685) which is considered as affordable and attractive compared to other nations in Asia and beyond.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>&ldquo;The Expat Insider 2019 survey revealed&nbsp;that expatriates in Malaysia are generally happy with the affordability of life in the country and they found it easy to settle in.<\/p>\n<p>&ldquo;Programmes such as the MM2H&nbsp;have made Malaysia a popular investment and retirement destination.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>&ldquo;It has also been popular with Chinese citizens, who accounted for 30 per cent of the more than 42,000 applications approved between 2012 and 2018,&rdquo; he said.<\/p>\n<p>Chmiel said according to the report, inquiries on residential properties in Malaysia by Chinese buyers had increased by 40.2 per cent&nbsp;in 2019 compared with 2018.<\/p>\n<p>The five top Malaysian markets for Chinese buyers are Kuala Lumpur, Johor Bahru, Malacca City, Kota Kinabalu&nbsp;and Shah Alam.<\/p>\n<p>As the country&rsquo;s preeminent capital&nbsp;with the&nbsp;largest real estate and new development market, Kuala Lumpur receives the lion&rsquo;s share of Chinese buyers.<\/p>\n<p><strong><span style=\"color: #ff6600;\"><a href=\"https:\/\/www.bernama.com\/en\/business\/news.php?id=1841516\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">SOURCE: BERNAMA<\/a><\/span><\/strong><\/p>\n<\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia has maintained its ranking as the sixth most preferred destination in the world for Chinese property buyers for the second consecutive year. Based on a report by Juwai IQI on top 10 Chinese buyers picks for 2019, Malaysia is more popular with Chinese buyers than the&nbsp;United Kingdom (7th place), Vietnam (8th place), and Singapore&hellip;<\/p>\n","protected":false},"author":92,"featured_media":17604,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[220],"tags":[1412,231,1599],"class_list":["post-17603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-chinese-buyers","tag-iqi-en","tag-juwai"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Malaysia stands as sixth preferred destination for Chinese property buyers<\/title>\n<meta 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