Tag: investing in penang heritage properties
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Heritage property: Limited units mean limitless price per sq ft?
When I was still in Penang many years ago, an agent told me that one Singaporean company had just bought one whole row of old shophouses for RM200,000 per unit. These units were dilapidated and in need of huge repairs before it’s usable for any purpose. Today, even I would be willing to buy if…