Heritage property mismatch

By DAVID TAN

Pre-war stuff: Recently renovated pre-war properties owned by 1919 Global in George Town.

Penang heritage property value surges, but not in tandem with rental yield

THE value of heritage properties in George Town has surged substantially since 2008, but the same cannot be said for rental yield, which is what drives most entrepreneurs to invest.

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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

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