The surge in buyers from China boosts luxury property markets in Kuala Lumpur, Johor Bahru, and Penang, driving economic growth and job creation. However, it raises property prices, making homes less affordable for locals, especially low- and middle-income groups, causing market imbalance and housing shortages.
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Foreign buyers may help increase property values in Malaysia
Others state that us locals are late in purchasing properties in our country. The market is one of the cheapest in the region, in comparison to other countries in Southeast Asia. This happens frequently in Europe and America as foreigners are purchasing properties in said countries.
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