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Tag: property prices in penang

  • Penang: Prices up 8.6%, Income up 5.4%.

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    by

    Charles Tan
    in

    In his speech during the Malaysia Property Exhibition (Mapex) 2015, the chairman of the Real Estate and Housing Developers’ Association Malaysia (REHDA Penang) Datuk Jerry Chan Lim revealed that the house prices in Penang have been increasing by 8.6 percent annually while the average household income has increased by 5.4%. This meant that the gap…

  • Property not necessary and not a necessity

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    by

    Charles Tan
    in

    I laughed when a close friend related her conversation with a fellow manager in her company. The manager works in a US multinational so salary not much of an issue to buy a property. The manager said, he does need to buy a property, preferring to rent because when he needs to move back to…