JLL managing director Jamie Tan said the strengthening of the ringgit over the past year has not significantly dampened interest in the nation’s real estate market.
KUALA LUMPUR: Malaysia’s real estate market continues to receive demand from foreign investors in 2026 even with the stronger ringgit, underpinned by affordable property prices within the South-East Asia region.
JLL managing director Jamie Tan said while the strengthening of the ringgit over the past year has had some impact on foreign investment sentiment, it has not significantly dampened interest in the nation’s real estate market.
“We have a lot of investors still coming in, especially from Singapore and China,” he said after the company’s first quarter of financial year 2026 press conference here today.
“They are very much interested in our markets because, if you look at the South-East Asian region, Malaysia is still one of the most affordable residential markets. Compared to Bangkok and Jakarta, Kuala Lumpur is still very affordable in comparison,” Bernama quoted Tan as saying, noting that areas such as the Klang Valley and Johor Baru continue to attract investor interest.
“Johor Baru has recorded growth of about 25%, reflecting strong momentum as Johor continues to develop, though it started from a relatively low base compared with the Klang Valley, where growth began much earlier.”
