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Chinese people are always cautious when buying houses. My friend bought a house during his trip to Malaysia. Will he be cheated?

No, many people now buy houses while traveling. In recent years, in addition to tourist destinations, Malaysia has also become a must-stop place for Chinese house viewing groups to travel overseas. There are a variety of tourist house purchases. The route is allowing more and more Chinese investors to re-recognize this country.

As an important emerging market country in Southeast Asia, Malaysia has experienced rapid economic growth since the 1990s and is known as the "Four Asian Tigers" together with the Philippines, Thailand, and Indonesia. Although it has experienced the impact of the economic crisis, Malaysia's GDP has been growing steadily and its economic development is very strong.

In this process, Kuala Lumpur, with an area of ??only 243 square kilometers, played an important role and even created 70% of Malaysia's GDP in 2007 with a population of 1.9 million at the time.

Since 2010, the Malaysian government has strengthened the construction of the capital Kuala Lumpur. Once the "Greater Kuala Lumpur Plan" is built with a cost of 172 billion ringgit, it will make Malaysia among the developed countries. Kuala Lumpur will It will become a world-class metropolis and its population will increase from the existing 6 million to 10 million.

The increasing urban population will undoubtedly boost demand for local properties.

In fact, the impact of this plan on the local real estate market in Kuala Lumpur has already begun to show results. Judging from the growth rate in the past 5-10 years, housing prices in Kuala Lumpur have almost tripled.

Cai Gaoxin, the general manager of a Malaysian company who works in Agile, Kuala Lumpur, is deeply touched by this. As a Malaysian Chinese from Johor Bahru, Cai Gaoxin has almost witnessed the take-off of housing prices in Kuala Lumpur in recent years. “Malaysian housing prices are rising every year. The average increase is very high, almost reaching more than 10, and in 2015 it reached an astonishing 17, ranking first in Asia.”

However, in his view, although Malaysian housing prices have been rising fiercely. , but it is still at a relatively low level in major cities in Asia. In addition, Malaysian mortgage interest rates are reasonable, and you can still benefit from rental returns even if you remove the loan. Such value depressions are rare.