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Forum: Malaysia
Aug 5th 2017, 7:25 am
Replies: 29
Views: 4,784
Posted By SushiFan

Re: Penang - minimum property prices

I wasn't really looking for the lowest and highest point. I pulled up a chart of the last 5 years. The left hand reading (i.e. 5 years ago) showed 3.8, and the right hand reading (i.e. today) showed...
Forum: Malaysia
Aug 4th 2017, 7:27 am
Replies: 29
Views: 4,784
Posted By SushiFan

Re: Penang - minimum property prices

You are correct about this. Although this website is called British Expats, I prefer to look at the EUR/MYR exchange rate. It has changed from approx. 3.8 to 5.1 in the last five years. This will...
Forum: Malaysia
Aug 3rd 2017, 9:40 am
Replies: 29
Views: 4,784
Posted By SushiFan

Re: Penang - minimum property prices

I would not buy a house/condo in Penang now for investment purposes. If you had bought it some 5 years ago and be able to sell it now you would have made quite a nice profit. Prices have risen a lot...
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