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Tag: Penang properties

  • Consolidation, Old Plants, Fairchild in Penang ends

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    Charles Tan
    in

    My friend forwarded me a piece of sad news. One of the earliest pioneers of Penang’s Bayan Lepas Industrial park, Fairchild will be shutting down it’s Penang plant. This would be one out of many including facilities in West Jordan, Utah and Bucheon, South Korea. Major reasons stated was the need for consolidation as well…

  • Penang properties – what Singaporeans ask first

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    Charles Tan
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    I was on duty in my previous company in a property show in Singapore. It was early morning, even before 930am and the show does not start until 10am. Yet, there were already a few Singaporean investors arriving early. They also try to listen to each and every seminar throughout the day and loves to…

  • Georgetown Renewal – Boutique Hotels

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    by

    Charles Tan
    in

    We already have Space, People, Connectivity which is in favour of Penang properties. What else? Renewal. After UNESCO Heritage City was awarded to Georgetown, the property prices in the inner city soared. Many dilapidated buildings were bought en-bloc by investors and converted into money generating properties. Many were made into boutique hotels. Some of the…