Penang, an idyllic island that freezes in time? Perhaps such description can be seen as stale and an understatement to what Penang truly is now. The evanescent island city and even its mainland territory prove to be a winner among those seeking for residential properties.
If you are a fan of House Hunters International, which is a popular series airing on HGTV, you would have noticed that this little island city is extremely popular among the expats and even fellow Malaysians who are in search of a new or second home. With a population of 1.89 mio people with an average of 2,491 people per km2 on Penang Island and 1,049 people per km2 in Seberang Perai along with an estimated of 1.47% population growth rate, Penang’s growth is of a colossal magnitude.
To read the full article, please visit Bringing Affordability Back to Penang
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