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Weak Chinese Market Sends Chinese Homebuyers to Southeast Asia
China's residential real estate crisis is undermining demand for domestic property and pushing Chinese investors overseas. Since the property market looks like it may remain stalled for years, the situation is giving impetus to a new Chinese overseas investment boom - although one likely to be more restrained than what took place from 2014 to 2018.
By Maria Kingston.
Updated Sep 29, 2022
KUALA LUMPUR, Malaysia (PRWEB) September 29, 2022 - Juwai IQI has released a new report: 'China Property Slowdown Drives Southeast Asia Property Investment.'
In 2017, at the peak of the Chinese outbound investment boom, Chinese buyers acquired US$119.7 billion of international residential and commercial property. That dropped to US$49.6 billion in the following year. The Covid pandemic pushed it down even further. If current trends continue, investment may climb again.
The report's key themes include:
Media: contact dave@juwaiiqi.com for a full, English-language copy of the report.
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