Foreign boost for real estate

PETALING JAYA: The national real estate landscape is witnessing a gradual resurgence of foreign interest, mainly in the Klang Valley and Sabah, Penang and Johor, according to an industry expert, with others citing the country’s affordability as a big pull factor.

Malaysian Institute of Estate Agents (MIEA) president Tan Kian Aun said the rebound is, however, less robust than in the pre-pandemic period, indicating a gradual recovery.