Singapore may be home, but for some Singaporeans, retirement could be somewhere else.

Penang is attracting growing interest as a potential second home and retirement base, with applications for Malaysia My Second Home from Singapore rising sharply and foreign patient numbers at Penang’s private hospitals climbing.

But is the appeal really about retiring there or simply having the option to?

On The Agenda, Hongbin Jeong speaks with Sam Kam, The Penang Realtor, about what’s driving Singaporeans to look at Penang, and what they should consider before turning a holiday destination into a potential home.