Foreign investment push

UOBKH Research says it is positive on substantial growth of FDI in Penang, Johor, Kedah and Perak.

THE local property market is on track to benefit from steady streams of foreign investments into the country, as rising investor sentiment and business confidence levels will have a positive impact on the real estate segment.

Last month, Prime Minister Datuk Seri Anwar Ibrahim revealed that Malaysia had successfully attracted potential foreign investments amounting to RM76.1bil as of March this year.