MATT Tian, a veteran property agent at PropNex Malaysia, was on holiday recently when he received a call from an overseas client requesting to view one of his listings in Kuala Lumpur.

The arrangements were quickly made, and the transaction was wrapped up in less than a week after Tian returned to Malaysia. The buyer snapped up 2 luxury condo units with a combined size of 7,000 square feet for RM5.1 million (S$1.6 million) in cash, after getting a 15 per cent discount from the market value of RM6 million.

“Since Malaysia’s borders reopened in April, there are more enquiries from abroad, and some property owners are willing to give a 10-15 per cent discount if the buyers are willing to pay in cash,” Tian told The Business Times recently, adding that he has handled at least 10 such viewers over the past month.