Hong Kong house buyers are looking around the Malaysian state of Penang, attracted by lower prices, regular flights and cheaper cost of living. And they’re not alone: several Hong Kong celebrities have already made the move.“Hong Kong people buying properties in Penang is not something new. But the number has definitely accelerated now,” said Michael Geh, president of International Real Estate Federation (FIABCI) Malaysia. “For the past five years, there had been quite a number of retired…
Source : South China Morning Post
Read more…Hong Kong property buyers fall in love with Malaysia’s Penang and stars like Aaron Kwok agree















