Supply concerns in Penang


PENANG is heading towards an oversupply of higher-end residential properties, which could lead to a correction of property prices.

The bulk of the incoming supply of residential properties in Penang are in the high-end category, which are beyond the affordability level of the middle-income group.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , property , penang , affordable housing

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