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Singaporean investors snapp up Penang shophouses by the row.

Singaporean investors snapp up Penang shophouses by the row.

Old Jun 13th 2016, 10:33 am
  #1  
JC3
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Default Singaporean investors snapp up Penang shophouses by the row.

Is the market for heritage buildings in Penang overheating?

JC3

Singapore investors 'invading' pre-war properties in Penang

Jun 12, 2016

See:
Singapore investors 'invading' pre-war properties in Penang, SE Asia News & Top Stories - The Straits Times

Or below:


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Old Jun 13th 2016, 11:56 am
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Default Re: Singaporean investors snapp up Penang shophouses by the row.

Have the Singaporeans renovated the shophouses they bought and did the local owners do the same???

I can see that the rents may mean that locals can no longer afford to live in the center and that's a shame, but it's the way of the world.

The local owners don't have to sell to Singaporeans in the first place.
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Old Jun 15th 2016, 8:16 am
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Default Re: Singaporean investors snapp up Penang shophouses by the row.

Very well put.
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