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Penang's second bridge boosts land prices


The second Penang bridge will be open to traffic next month

The second Penang bridge will be open to traffic next month

GEORGE TOWN: Penang’s property prices have risen by quite a bit since the mid-2000s although the appreciation in prices has been limited to several popular locations on Penang island, particularly George Town.

However, since the second bridge project was announced in 2007, vacant land prices on both ends of the bridge, which connects Batu Maung on the island and Batu Kawan in southern Seberang Prai, have jumped.

   

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