MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh.
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Mainland Penang.
Here are the average prices for non-landed residential property in Mainland Penang on a per square foot (psf) basis.
• With the abundance of space on the mainland, property prices remain affordable.
This week’s spotlight shifts outside to the secondary market for non-landed residences on Mainland Penang.
GEORGE TOWN (Jan 22): Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief executive officer Datuk M Murly (pictured).
FOOD, glorious food! Assam laksa, putu mayam, char kuey teow! The Pearl of the Orient’s stunningly delicious local palate is undeniably inspired by its cosmopolitan origins and draws visitors near and far.
Here are the price growth trends and indicative asking rental yields for non-landed residences in Southwest Penang.
Here are the average prices of non-landed residential property in Southwest Penang on a per square foot (psf) basis.
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