GEORGE TOWN: The property market in Penang is still attractive and not as portrayed by the Federal Government, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo.
Responding to Finance Minister II Datuk Seri Johari Abdul Ghani’s announcement that luxury property developments priced above RM1mil will be frozen due to high number of overhang, he said it should not be generalised as Penang still recorded the highest sales among four urban states in the country.
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