Tag Archives: property price in Penang Island

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 land cost has been increased tremendously recently.

penang property price

Land is definitely limited on the island and when there’s still lack of control of foreigner’s investment. Then, what we will get is the property price keep on shooting up uncontrollably which in the end middle income group will not be able to buy any house in Penang.

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