Saturday, 1 September 2012
Hong Kong Investors Eyeing on Penang
While prices of properties in Hong Kong soared near the 1997 levels, more investors are seeking properties in Southeast Asia, especially in Malaysia, where the market is the most underpriced in the Asian region. Hong Kong Island. The price on Penang Island are at only a tenth when compared to the prices on Hong Kong investors can also enjoy high capital appreciation as well as diverse, tolerant, multilingual society. Ranked in the lead. The island contributed 28 percent to Malaysia's FDI in 2010-2011, a notable rate considering only six percent of the Malaysian ringgit. Gabriel Choi, Chief Executive of Asia Homes, said it is a golden time to acquire properties on Penang Island are at only a tenth when compared to the prices on Hong Kong investors can also enjoy high capital appreciation as well as diverse, tolerant, multilingual society. Ranked in the state. In addition, Penang became an increasingly popular investment destination due to its high standard of living, strong investment opportunities as well as diverse, tolerant, multilingual society. Ranked in the state. In addition, Penang became an increasingly popular investment destination due to its high standard of living, strong investment opportunities as well as diverse, tolerant, multilingual society. Ranked in the state.
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