Top 10 Reason to Invest in Penang - PropXpress

Top 10 Reason to Invest in Penang

[vc_row][vc_column][vc_column_text]According to Asian Property Review Magazine, Cover Story, February 2016 issue, it has listed the Top 10 Reason to Invest in Penang.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″ css=”.vc_custom_1466052856779{background-color: #d8d8d8 !important;}”][vc_single_image source=”external_link” custom_src=”http://www.semiconsea.org/sites/semiconsea.org/files/PENANG_TOURISM_LOGO_215px.png”][vc_single_image source=”external_link” custom_src=”http://coachnvanrental.com.my/state-of-malaysia/penang-george-town_1.jpg”][vc_single_image source=”external_link” custom_src=”http://www.freemalaysiatoday.com/wp-content/uploads/2013/04/Guang-Eng-DAP-LOGO-300×202.jpg”][vc_single_image image=”3266″ img_size=”300×202″ alignment=”center”][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1466052851782{background-color: #d8d8d8 !important;}”][vc_column_text]1. It is one of Malaysia’s Top Tourist Destinations – Ever since Penang is listed as a UNCESCO WORLD Heritage Site in 2008,the global recognition has given Penang a chance to leap and bound by promotinglocal properties and attract potential MM2H participants.

2. Penang takes the top spot as the most liveable city in Malaysia and ranks top 10 in the region – Yes you heard it Right. Penang Island has been ranked as the most liveable city in Malaysia, eighth most liveable in Asia. Currently, Penang property buyers comprises 95% local investors and 5% foreign investors (mainly from China, Hong Kong and Singapore).[/vc_column_text][vc_column_text]3. Transparent administration from States instills confidence in investors – The demand for property in Penang has always been high. However, the state’s transparent and smooth administration boost the confidence level for Investors on Penang Property.[/vc_column_text][vc_column_text]4. Attractive destination for foreign investors – In year 2014, Penang emerged third – behind Johor and Sarawak – among the states with the most foreign direct investments (FDI) with the RM5.1 billion worth of projects. In Batu Kawan Industrial Park, Hewlett-Packard will invest over RM1 billion to set up a manufacturing facility, while Seagate will invest RM1.05 billion.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange” style=”shadow” border_width=”10″][vc_separator color=”orange” style=”shadow” border_width=”10″][/vc_column][/vc_row][vc_row css=”.vc_custom_1466053186883{background-color: #ffffff !important;}”][vc_column width=”1/2″ css=”.vc_custom_1466052808139{background-color: #ffffff !important;}”][vc_gallery interval=”3″ source=”external_link” external_img_size=”200×200″ onclick=”” custom_srcs=”#E-8_aHR0cHMlM0ElMkYlMkZjZG4yLnZveC1jZG4uY29tJTJGdXBsb2FkcyUyRmNob3J1c19hc3NldCUyRmZpbGUlMkY0MzY1OTI5JTJGZ2licmFsdGFyMS4wLmpwZyUyQ2h0dHAlM0ElMkYlMkZzMy5odWJzcnYuY29tJTJGdHJlbmRzaWRlYXMuY29tJTJGOTIwMTY3NzA5MTM4NDUwNzY0NSUyRmhlcm8lMkYxMzI0ODZfMTA4MHgxMDgwXzM1MHgzNTAuanBnJTJDaHR0cCUzQSUyRiUyRnByb3B4cHJlc3MuY29tJTJGd3AtY29udGVudCUyRnVwbG9hZHMlMkYyMDE2JTJGMDYlMkZzZXZpZXcucG5n”][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1466052816109{background-color: #dd2121 !important;}”][vc_custom_heading text=”New Project at Penang Cyber City below RM5xxk.” font_container=”tag:h2|text_align:justify|color:%23ffffff” link=”||”][vc_column_text]

  • 1000 sqft onwards
  • 3Bedroom 2 Bathroom
  • Balcony with Seaview
  • Semi D in the Sky
  • Low Density
  • Below RM5xxk.
  • Great Amenities

[/vc_column_text][vc_btn title=”Read more” style=”flat” shape=”round” color=”peacoc” link=”url:http%3A%2F%2Fpropxpress.com%2Ftop-10-reason-invest-penang%2F%23deal||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”orange” style=”shadow” border_width=”10″][vc_separator color=”orange” style=”shadow” border_width=”10″][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1456147865877{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #eaeaea !important;}”][vc_column][vc_row_inner equal_height=”yes” css=”.vc_custom_1456148051953{margin-top: 0px !important;}”][vc_column_inner width=”1/2″ css=”.vc_custom_1466052764680{background-color: #ffffff !important;}”][vc_single_image source=”external_link” custom_src=”http://www.knightfrank.com.sg/resources/investment/overseas-property/18east-andaman-overall-c.jpg”][vc_single_image source=”external_link” custom_src=”http://4.bp.blogspot.com/-KGOLfNbYLrc/VTzI6kywGuI/AAAAAAAAAPE/5uIadUsuwqA/s1600/DSC01260.JPG”][vc_single_image source=”external_link” custom_src=”http://dbv47yu57n5vf.cloudfront.net/s3fs-public/editorial/my/2015/November/30/FD-pg6.jpg”][vc_single_image source=”external_link” custom_src=”http://i0.wp.com/img1.penangpropertytalk.com/wp-content/uploads/2016/04/bayan-lepas-lrt1.gif”][/vc_column_inner][vc_column_inner width=”1/2″ css=”.vc_custom_1466052757124{padding-right: 35px !important;padding-left: 35px !important;background-color: #ffffff !important;}”][vc_column_text]5. Plenty of investment hotspots available – Areas in the island namely George Town, Jelutong, Air Itam, Gelugor, Tanjong Tokong and Tanjong Bungah still remain the most sought-after-spots for investment. However, in recent years, the south-west of the island, where the airport and the industrial area are located, has become the hottest investment spot for big developers.[/vc_column_text][vc_column_text]6. The effort to revitalise and regenerate Penang’s heritage properties has made Penang a vibrant city – Given the immense potential for capital appreciation, these heritage properties are in high demand. Many investors have renovated old, neglected heritage shop houses into boutique hotels or commercial premises.[/vc_column_text][vc_column_text]7. Land scarcity on the island contributed to the shift of development focus to the mainland – Developers are starting to build outside of the island and shifting their attention to the more affordable mainland areas such as Batu Kawan due to the land scarcity and inflated prices on the Island.[/vc_column_text][vc_column_text]8. Emergence of a new infrastructure that acts as a catalyst of growth – Penang’s second bridge, Sultan Abdul Halim Muadzam Shah Bridge that links Batu Kawan, Batu Maung and the Bayan Lepas Industrial Zone will be the driver behind Batu Kawan’s rapid growth in the next few years.[/vc_column_text][vc_column_text]9. Several highly anticipated development project underway – The upcoming RM8 billion mixed development modern township in Bandar Cassia, IKEA store, branch campuses of University of Hull as well as KDU University College in Batu Kawan will further add to the appeal for future development. Bagan Ajam in Butterworth and Teluk Air Tawar in the north of Seberang Perai district are also forecasted as the next growth areas on the mainland.[/vc_column_text][vc_column_text]10. The upcoming Penang Transport Master Plan(PTMP) will boost the property market – An upcoming RM27 billion Penang Transport Master Plan will introduce plans to resolve traffic congestion on the island; it includes an LRT line and an undersea tunnel connecting Penang island to the mainland. The development of the RM2 billion Penang Sentral, a transportation hub that integrates ferries, buses, taxis and a planned monorail will play a catalytic role on the growth of mainland Penang and transform Butteworth into a modern metropolitan area.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column css=”.vc_custom_1466576579876{background-color: #bc652b !important;}”][vc_column_text css=”.vc_custom_1466576539856{background-color: #bc652b !important;}”]

[vc_row][vc_column][vc_custom_heading text=”New Project @ Batu Kawan
The Upcoming Metrocity” font_container=”tag:h3|text_align:left|color:%232068e5″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]

  • New Investment HOTSPOT Location @ Penang Batu Kawan
  • 5 mins to Upcoming Shopping Mall
  • 5 mins away to Penang 2nd Bridge
  • 5 mins to KDU
  • 5 mins to World Renown House and Furnishing mall.
  • Low Density
  • A New Metrocity 

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Upcoming Metrocity @ Batu Kawan
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