Tag: penang properties dropped by half
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Penang properties? From 9,667 units to just 3,909 units per quarter.
According to Michael Geh, the Raine & Horne Malaysia senior partner, the Penang property market in terms of number of transactions has dropped from its peak in Q4 2011 of 9,667 units to just 3,909 units in Q2 of 2015. In actual percentage, this meant that after nearly 4 years, the total transactions has actually dropped…