Faced with a slowdown in China’s real estate sector, some cash-rich Chinese are looking overseas for bargains.
BACK at the height of China’s property boom in 2009, Qiu Liping embarked on a foray into Malaysia’s tepid housing market by investing around three million yuan (RM1.3mil) to buy a spacious apartment adjacent to the Petronas Twin Towers in Kuala Lumpur.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!