Friday, May 13, 2011

Jump in Penang property prices -

Jump in Penang property prices -

Seem like Penang house price is like Taman Tun house price at KL !!!

On the island, single storey terraced houses in Green Garden recorded an increase of 16.5%, ranging from RM455,000 to RM550,000. Similar houses in Jalan Van Praagh were transacted at a higher range of RM530,000 to RM580,000. Bandar Bayan Baru saw both its single and double-storey terraces charting gains of 16.1% and 20.2% to record RM275,000 to RM340,000 and RM403,500 to RM490,000 respectively.

Other locations which had notable increases were in Taman Sri Nibong, Taman Sri Mewah and Taman Sunway Banyan. Houses in Taman Sunway Banyan went as high as RM750,000. Other popular areas were Island Glades and Island Park, recording sales between RM560,000 and RM800,000 for its residential units.


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