A ferry leaving the Penang jetty for Butterworth while in the background is KOMTAR.
THE Penang property market, over the short to medium term, is expected to be challenging as a result of strong incoming supply of new units.
At the end of 2018, the incoming supply of housing rose to 49,543 units versus 44,046 units in 2017, an increase of 12.5%.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
