Penang industrial land prices increase

Datuk Goh Teng Whoo, chief operating officer of Ideal Property Group, and president of Penang Master Builders and Building Material Dealers Association.

George Town: Industrial land prices in Penang have increased by about 10% compared to a year ago.

One Asia Property Consultants (Pg) Sdn Bhd executive director Chandra Mohan Krishnan said the market price in the state ranged between RM65 and RM85 per sq ft.