HK investors eye Malaysian property

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PETALING JAYA: The ongoing demonstrations in Hong Kong have resulted in a spike in interest in Malaysian property and in private international school enquiries.

A check with four property consultancies and a couple of international schools suggest that interest rose towards late June and early July this year. Hong Kong street demonstrations started in March/April but have become increasingly violent since.

“Malaysia is certainly one of the countries on their list as an investment destination and there are a number of reasons for that. They feel that our property is of decent value and also very affordable.Chan added that language is also not a barrier to investors from Hong Kong. As interest starts to swirl in the property sector, the local education system is also seen as a beneficiary from the ongoing turmoil in Hong Kong.

Interest in Australian education started coming in early July. Another education source said her school saw a spike in enquiries in late June and early July. VPC Alliance Kuala Lumpur managing director James Wong said more Hong Kong people would be buying property in Malaysia to retire or as their second home under the Malaysia My Second Home programme.

 

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Fuck, abeh la rakyat Malaysia, lagi tak dpt nak beli. Lagila developer naikkan harga after this.

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