Hong Kong

hong: These plans range from getting funds out of Hong Kong or physically moving from the city, according to The Independent. However, contrary to most people's predictions, Singapore's housing market is not turning out to be the beneficiary of Hong Kong's protests. As Hong Kong's anti-government protests are nearing its fourth month, many well-heeled people in Hong Kong have been weighing their options and looking for alternative lifestyles and busy making and implementing their exit plans. Instead, investors are looking to cheaper property markets like Malaysia, Thailand, and Taiwan. For those who can afford it, they like Singapore's active resale market. - Advertisement - are interested in Singapore because it's politically stable and safe, said David Hui, a general manager at Centaline. It is not that Hong Kong buyers are deliberately avoiding Singapore, many simply do not have the money to move to a city where property is also expensive. (news.financializer.com). As reported in the news.