But private developers remain active, even though they might find it difficult to send money abroad to buy development land in Malaysia, as Sarkunan Subramaniam, managing director of Knight Frank Malaysia, noticed.
HONG KONG: China’s real estate investment in foreign countries fell by 82.1% in the first half of 2017, seen as one of the results of tightened measures on overseas investments since last year, according to the Commerce Ministry.
But Chinese developers, including big state-owned enterprises (SoEs), still consider the Malaysian real estate market a promising destination.
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