Penang Home Market to Recover in 2022: Juwai IQI

PETALING JAYA: According to new insights released today by real estate technology group Juwai IQI, the Penang housing market will recover in 2022. 

Residential real estate in Penang is expected to bounce back faster than any other state in Malaysia, with the exception of Johor in 2022. Says Juwai IQI co-founder and group CEO Kashif Ansari.

“Developers have held firm on prices, even though activity has dropped. Rather than drastically dropping their selling prices, developers are providing all sorts of promotional packages to stimulate buyers,” observed Juwai IQI’s co-founder and group CEO Kashif Ansari.

Read more: The Sun Daily | Focus Malaysia 

Related posts

Migration is part of a complex chess game in construction, housing

Salwa

Apa Jadi: If I want to start investing in property, but don’t know where to start? 

Salwa

Use of digital money to buy property halts as cryptocurrency market crashes

Salwa