Changing property market of Penang


Scale models of affordable projects in prime locations at Ideal Property Group office in Bayan Lepas.

Legislation, bridge and location are some factors affecting prices

UNTIL about a year ago, Penang’s south-west district was known as the locality for affordably-priced properties.

Save 30% OFF The Star Digital Access

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , property

Next In Business News

Singapore economy grows 5.7% in 4Q25
Chin Hin Group Property enters 2026 with RM2.3bil unbilled sales
Asia's factories end 2025 on firmer footing as orders pick up
Malaysia's Dec PMI remains at 50.1, unchanged from November - S&P Global
Oil edges higher following biggest annual loss since 2020
Traders start 2026 by locking in gains
Ringgit starts 2026 firmer on weaker greenback
Sarawak complete acquisition of MASwings
Trading ideas: Capital A, Axis REIT, LFE, Camaroe, NCT, CJ Century, TSH, BAT, Berjaya Assts, MSC, SE Resources
Xi promises more proactive macro policies

Others Also Read