Report: Malaysians invest US$5.6b in developed countries, most in UK

KUALA LUMPUR, Oct 27 ― Property consultancy firm Knight Frank revealed that Malaysians invested US$5.6 billion (RM23.9 billion) in several developed countries from the third quarter of 2013.

According to the “Global Cities: The 2016 Report” sighted by The Star, Malaysians invested the most in the UK between the third quarter of 2013 to the second quarter of 2015.

Malaysians invested US$2.2 billion in UK, US$1.4 billion in Australia, US$1 billion each in the US and continental Europe.

Knight Frank LLP is a residential and commercial property consultancy founded in London in 1896.