KUALA LUMPUR/HONG KONG - Hong Kong citizens have snapped up about 200 apartments in the past two months at a sprawling housing development in Malaysia, two estate agents said, a sign that some Hong Kongers are looking for homes elsewhere due to the political volatility at home.
The Forest City sales are among the first clear signs of large-scale purchases of Malaysian real estate by Hong Kong residents since the latest wave of protests started. "These are people who already knew about the project and made inquiries, but this event triggered them to commit to it," Lee said by phone, referring to the protests.Another agent for Forest City, asking not to be named, confirmed the purchases, citing the protests as the reason for a spike in interest.
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