Highly priced: An aerial view of the Penang Turf Club which is the most expensive land to develop in Penang.
THE weakened ringgit and the Penang Transport Master Plan (PTMP), which has been put in place to ease traffic congestion in the state, have improved the prospects of property development on the island.
Overseas and local investors are showing keen interest to participate in joint-venture projects in Penang.
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