Changing Preferences Among Chinese Buyers

Recent findings from Juwai IQI highlight a significant shift in the preferences of wealthy Chinese property buyers, with the US falling to seventh place among favored destinations for high-value real estate investments. Thailand leads the pack, followed by Australia, Canada, Malaysia, and the UK.

Why the Shift?

Geopolitical tensions, protectionism, and increased scrutiny of property transactions in the US have deterred Chinese investors, leading them to explore more welcoming markets. "Buyers are looking for friendlier alternatives," notes Kashif Ansari, CEO of Juwai IQI.

Singapore and Malaysia Rise in Appeal

Singapore's political stability, tax benefits, and high-quality lifestyle amenities have made it a top choice for Chinese investors, with a notable 42% increase in residential purchases by Chinese buyers in the first quarter of this year. Meanwhile, Malaysia's revised MM2H program offers an attractive pathway for affluent foreigners to settle, boasting luxury living at a fraction of the cost compared to neighboring cities.

Global Interest Beyond Southeast Asia

While Southeast Asia gains traction, traditional markets like the UK and Australia continue to attract Chinese investors, thanks to their educational institutions, cultural offerings, and stable environments. "The UK – particularly London – continues to appeal because of its excellent universities and career opportunities," says David Johnson of Inhous.