Singaporean investors snapp up Penang shophouses by the row.
#1
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:
^snipped^
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:
^snipped^
Last edited by InVinoVeritas; Jun 16th 2016 at 9:07 am. Reason: Please re-read site rule #7 regarding copyright
#2
BE Forum Addict
Joined: Apr 2005
Posts: 1,755
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.
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.