All steady on the home front in Penang


Sales done: According to Knight Frank Malaysia, there are pockets of success by some developers reporting bookings and sales for their affordable homes during the movement control order period despite the fact that physical viewings were disallowed.

DEMAND for residential properties in Penang is expected to remain steady during the second half of 2020, especially if the homes are from renowned developers with good quality products.

Knight Frank Malaysia executive director Mark Saw says there are pockets of success by some developers reporting bookings and sales for their affordable homes during the movement control order (MCO) period (from March 18 to May 3), despite the fact that physical viewings were disallowed.

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!
Penang , property , homes , developers ,

Next In Business News

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
Broad-based growth in 3Q reflects strong synergy
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO

Others Also Read