Statistics

Penang land deals transacted in 2019

Today land costs account for about 30% of any property development cost. If you are wondering how much does the land costs in Penang, below is an infographic that shows several land deals transacted in 2019 with a value of more RM10 million. This report is based on data published by The National Property Information Centre ... Read More

20 Most Active Projects in Penang (Jan – Aug 2020)

With the lifting of CMCO in early June, Google Search Trends report indicated that the search interest for property in Penang has rebounded to the pre-crisis level. Our website has recorded close to 1 million pageviews in the past 90 days (after CMCO), showing an increase of 3% traffic compared ... Read More

20 Most Active Projects in Penang (2H 2019)

As we are welcoming a brand new year in just a couple of hours, let’s take a look at the 20 most active projects in second half of 2019. At a glance, 60% of the top 20 list are from affordable housing projects. The Zen condominium continues to hog the limelight being the ... Read More

Penang property market has no significant improvement in early 2019

According to data from National Property Information Centre (NAPIC), Malaysia property market transactions for 1H2019 have rebounded for the first time since the market dipped in 1H 2015, indicating a resilient market outlook. Based on the latest data from NAPIC, property transaction in 1H 2019 has surged 6.9% year-on-year to 160,172 transactions as ... Read More

20 Most Active Projects in Penang (Jan – Apr 2019)

It’s been a while since we last posted the most active projects. Many people have been asking how is the property market sentiment in Penang with all the negativity around the residential overhang situation. According to our web traffic analytics, PenangPropertyTalk.com has recorded an increase of approximately 15% in pageviews ... Read More

20 Most Active Projects in Penang (Q3 2018)

No doubt 2018 is a tough year in the property industry. Penang housing continues to experience high overhang and developers are cautious in launching new projects. However, for buyers who have cash on hand, it presents an opportunity to secure a property at pricing that may not have been possible otherwise ... Read More

20 Most Active Projects in Penang (Jan & Feb 2017)

Property transaction has undeniably indicated a downtrend pattern for past few years. However, people’s obsession with home ownership did not exhibit any declining effect. In fact, we experienced consistent upsurge in our pageviews. By comparing our Jan & Feb 2017 traffic vs the same period in 2015 and 2016, approximately ... Read More

5 Most Popular Affordable Housing Projects in 2016

Affordable housing is one of the hottest topics in Penang property market these days. As of today, Penang has more than 38 affordable housing projects proposed, 16 out of which are opened for application and registration. The chart below shows the 5 most popular affordable housing projects in Penang, based on the ... Read More

20 Most Active Projects in Penang (Q2 2016)

It's been a while since we last posted the most active projects. You must be wondering how active was Penang property market in the second quarter of the year. Based on our web traffic data, PenangPropertyTalk.com unique visitors has increased by 10% from last quarter and a slight increased in ... Read More

20 Most Active Projects in Penang (Q1 2016)

2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with nearly 1 million pageviews and over 180k unique visitors in Q1. With that in mind, let's take a look at the 20 ... Read More