THE liberalisation of the Penang property market to counter the challenges of the global recession has given the market new drive and inspiration.
Stimulus packages, low interest regimes, special financing packages and the recent revision of the plot ratio guidelines by the state government were some of the measures to keep interest high among both consumers and developers when the island’s property market went into a slowdown for the first quarter of this year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!