Tag Archives: property price

Is Property in Penang Still Affordable?

Scarcity of land has caused to the escalating prices of housing in Penang. The current average condominium price on the Penang island itself is RM450,000 while the median household income is RM52,884, which is equivalent to RM4,407 per household (Source: … Continue reading

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Will Penang Property Price Continues to Shoot Up?

Nowadays, the property price in Penang Island is far beyond the normal working adult can afford. We also know that lowering down the house price is not going to happen in Penang due to the building construction cost and the … Continue reading

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