China investors shifting focus to domestic market

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.

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DONE DEAL: 2-storey terraced house, Lakeside Residences, Puchong

Sold for: RM835,000 Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty (016-324 8307) When: July 2017 Noteworthy: ● Leasehold ● Land area: 22ft by 75ft ● Built up: 2,167 sq ft ● Four bedrooms and three bathrooms ● Lakeside property ● Gated-and-guarded development According to the agent, Wong Hor Yan of 1TPE Realty, the seller was an investor who bought the unit in 2013.

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