7月
21

Malaysia boom with Chinese investment.

I guess you can say thats the power of chinese money. Having travelled to malaysia a lot in the last few years. We can really see the difference in the property market especially at Johor Bahru, nearing to Singapore. 

The amount of top end condominium development and high end service provider has been increasing so as to meet the demand driven by investment pouring in from china. 

A recent trip to china shows how well malaysia is promoted there in a bid to drive the local chinese to buy a 2nd or 3rd home in malaysia as a investment with their main draw being the close proximity to Singapore whom many still view as a location to visit or live in when they are rich.

So there you have it. A economy that is booming with the help of chinese money that Singapore has missed out on.

Malaysia's economy grew by 5.6 per cent in the first quarter of 2017, its fastest pace in two years, beating expectations by economists who had forecast growth of between 4.8 to 4.9 per cent. Credits: Malaysia's economy grows 5.6% in Q1, fastest pace in 2 years