Penang residential transactions forecast to rise in 1Q2017

KUALA LUMPUR (March 25): The number of residential property transactions in Penang is forecast to increase to 2,527 transactions in 1Q2017 compared with 2,297 transactions in the previous quarter, while the total value of transactions is expected to rise to RM1.

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Penang housing market resilient

ALTHOUGH the overall transaction volume has fallen, Penang’s housing market looks more resilient than other major markets such as Kuala Lumpur, Selangor and Johor, based on transaction volume, said TheEdgeProperty.

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