Tag: retail and mall oversupply in penang
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Retail Penang is facing oversupply, more coming.
Slightly over 3 years ago, I was looking for an office space for my previous company within Penang island. There were numerous choices and the more expensive ones were slightly over RM3 per sq ft. Many were below RM2 per sq ft but the environment and the facilities were not that spectacular. One was only RM1.10…