Affluent Malaysians partial to property in Singapore, Australia: HSBC

KUALA LUMPUR: Affluent Malaysians – defined as those with investible assets worth RM200,000 and above –  have a strong appetite for overseas property investment, with Singapore being their top choice, followed by Australia and the UK, a survey by HSBC found.

Among the Malaysian surveyed, 36% owned property in Singapore, 26% in Australia and 14% in the UK.