Chinese Seek Malaysian And Thailand Properties As They Are Affordable Investment Properties

28 Jun 2018

Malaysian residential properties are attracting the attention of Chinese nationals due to their lower price tag compared to those in China and other major offshore real estate markets, reported the South China Morning Post.

“Most middle-class Chinese can’t afford to buy a five million yuan (approx. RM3.07 million) home in Australia or the United States,” said Yao Weiliang, co-founder of BestHomeRE, a firm that helps people from China’s Pearl River Delta look for Southeast Asian properties.

“But we found the booming Southern Asian countries with the cities’ high property returns are more profitable and practical to purchase for middle-class mainlanders, who are actually eager to follow in the footsteps of the tycoons and celebrities, and own property overseas in emerging markets.”

He explained that many people have sought his company’s assistance in purchasing a property in Thailand or Malaysia, especially those priced out of China’s residential market.

For instance, Yao noted that a family from Shenzhen or Guangzhou can fork out 500,000 yuan (RM307,114) to 800,000 yuan (RM491,382) to acquire a 30 sq m condo in Pattaya, which is among the top tourist destinations for Chinese nationals.

Even flats measuring 30 to 50 sq m in Bangkok and Kuala Lumpur can be purchased for one million (RM614,227) to two million yuan (RM1.23 million). In comparison, they need to spend at least two million yuan for a 30 sq m flat in Shenzhen.

“The rents in these cities are much better than any of China’s cities, at least triple or more. Malaysia and Thailand are also among those with the fastest economic growth in Southeast Asia and are loved by the Chinese,” he said.

Image sourced from Malay Mail

This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email

Home buyers, sellers or property renters looking for Malaysian Properties, may like to visit the New Launches or Project Reviews page. Also, read up on how to improve your chances of obtaining a housing loan here.


You may also like these articles

Chinese Buyers Acquires Malaysian Property for Long-Term Investments

  Knight Frank Malaysia does not expect Chinese buyers to drive up home prices here since most of them consider their property acquisitions in Malaysia as long-term investments.“We have seen certai

Continue Reading8 Feb 2018

Why Australia Still Rules for Chinese Buyers

  By Property Report   The Chinese will pine for Australian residential properties no matter what.The notion of living close to schools where their children study in Australia has outweighed the dou

Continue Reading29 Mar 2018

Chinese Could Double Investment in Malaysia Housing Market

  China’s biggest overseas property website believes that Chinese investments in Malaysia’s housing market could increase by two-fold by 2025, reported the New Straits Times. “It is not

Continue Reading3 Apr 2018

Chinese Firms Display Strong Confidence In New M’sian Government And Are Bullishly Pumping In Billions Of Ringgit

 Despite the change in Malaysian government, Chinese companies are continuing to invest in Malaysia, reported The Edge and Malaysiakini.In fact, China’s e-commerce giant Alibaba still proceeded wit

Continue Reading21 Jun 2018