Malaysia lures priced-out Hong Kong property buyers

Malaysia lures priced-out Hong Kong property buyers A growing number of Hongkongers are swapping small flats for larger homes and lower living costs in Malaysia “What am I actually getting for this money in terms of quality of life?” asked Wong, a healthcare professional from Kowloon. “Space is at a premium in Hong Kong that most of us have simply accepted as the norm. When I started seriously looking at Malaysia, I realised I didn’t have to accept that any more.” Wong is part of a small but increasingly visible cohort of Hong Kong buyers – from families and entrepreneurs to pre-retirees – turning to Malaysia as a second base. They are drawn by lower property prices, larger homes, international schools, private healthcare and a familiar linguistic environment spanning Cantonese, Mandarin and English.