Hongkongers scout properties in Malaysia as political turmoil rumbles on
- As interest starts to swirl in the property sector, the local education system is also seen as a beneficiary from the unrest in the city
- ‘I have heard that there has been an increase in property visits to Malaysia by Hong Kong tourists’, a property agent said
A check with four property consultancies and a couple of international schools suggest that interest rose towards late June and early July this year. SK Brothers Realty (M) Sdn Bhd general manager Chan Ai Cheng said there has been growing interest in Malaysian properties from Hong Kong investors.
“The interest is growing and I have heard that there has been an increase in property visits to Malaysia by Hong Kong tourists,” she said.
“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.
“Culturally, they also feel comfortable with our environment.”
Chan added that language is also not a barrier to investors from Hong Kong.