Tag: penang property market 2015
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Residential Property Market in Penang 2015
Penang’s property market is slightly different from the overall Malaysian property market. Instead of hitting the peak in Q2 2011, the Penang property market reached its peak only in Q4 2011. Perhaps this is due to the lag factor? Maybe it’s just because Penang market is more resilient? Well, the peak was 9,667 units but…
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Penang property market Q1 2015: Qty down, RM up.
All charts were provided by Michael Geh , Senior Partner of Raine & Horne and also the Vice-President of FIABCI Malaysian Chapter with numbers from NAPIC. In Q4 2014, Penang’s property market showed resilience when it’s total transactions increased when compared to Q3 of 2014. Total transactions in units reached 5,193 from 4,194. An increase…