The other Penang poised to soar
LAND scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years.
LAND scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years.
PETALING JAYA (Jan 29): The property market slowdown might represent an investment opportunity for when the market improves, said Chester Properties head of projects, Matthew Kuan, at a briefing by TheEdgeProperty.
KUALA LUMPUR (Jan 28): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has acquired a piece of land from the federal government in Persiaran Stonor here for RM140 million or RM2,578 per sq ft (psf).
KUALA LUMPUR: Property prices are sticky down despite the current slowdown, according to MKH Bhd group managing director Tan Sri Eddy Chen.
Here are the average prices for non-landed residential property in Mainland Penang on a per square foot (psf) basis.
KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.
A new player in the property market, YGS Property Development Sdn Bhd is starting its journey with a 278-unit serviced apartment development in Bandar Puchong Jaya — one of the popular areas for first-time homebuyers.
• 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.