Asian Insider: Malaysia Edition helps you connect the dots on the biggest stories playing out in Malaysia every week. Sign up here to get the newsletter in your inbox. More Chinese visitors are flocking to Malaysia, their numbers boosted in no small part by a new visa-free travel pact between the two countries.
But not only have they come to experience the sights, sounds and even smells , they’re also eyeing luxury properties, resuming a trend last seen before the start of the Covid-19 pandemic. Estate agents tell Zunaira Saieed that these Chinese buyers are drawn by investment and education opportunities in the country. Money is also flowing into Malaysia’s marketplace via the local bourse, as the number of public listings have soared.
This renewed interest is not limited to Kuala Lumpur. Hazlin Hassan reports that Perak’s state capital Ipoh is seeing a new boom, driven by direct flights from Singapore and fresh investment in tourism. Follow ST’s coverage as we continue to bring you the latest developments.
More Chinese nationals looking to buy high-end homes in Malaysia Malaysia’s relative political stability and anticipated stronger growth have made it an attractive destination. READ MORE HERE Malaysia IPOs jump as economy improves and investors return to the stock market There were 28 initial public offerings on Bursa Malaysia in the first seven months of the year. READ MORE HERE S’poreans owe $1m in Malaysia traffic fines, make up largest group of offending foreign motorists The outstanding summonses were incurred between 1990 and June 2024.
READ MORE HERE Teacher endures 168km daily commute so that she can care for mother at home The teacher in Perak does not want to move closer to school, as her mother is still mourning her father’s death in April. READ MORE HERE ‘A second rebirth’: Ipoh reawakens to its tourism ambitions With more flights and efforts to revitalise the city, Ipoh hopes to draw more visitors for longer stays. READ MORE HERE Join ST's Telegram channel and get the latest breaking news delivered to you.
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