Presence of China investors not a cause for concern, says Rahim & Co

Rahim said there was indeed Chinese developers and buyers in locations such as Bandar Malaysia and the southern state of Johor but one has to bear in mind that Chinese developers do have their own following and Malaysia does need foreign investments.

KUALA LUMPUR: Property consultant Rahim & Co is disputing claims that the Chinese presence in the country is a cause for concern, saying that they are not “overwhelming” Malaysia’s property sector.

However, for the sake of transparency, the company said the government should release data on the composition of foreign ownership of properties.