Ivory Properties Group expects an increase in demand for Penang residential properties | Malay Mail

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GEORGE TOWN, Nov 7 — Ivory Properties Group Bhd expects to see an increase in demand for residential properties in Penang, underpinned by the opening of borders, the government’s stimulus plan and softening of property prices. Group chief executive officer Datuk Low Eng Hock said property...

Sunday, 07 Nov 2021 01:49 PM MYT

“We foresee an increase in the demand for residential properties, especially among foreigners from Hong Kong, China, Singapore, as well as Penangites residing overseas. “With an estimated gross development value of approximately RM500 million, the project is currently at 90 per cent completion, and expected to fully complete in the second quarter of 2022,” he said.

 

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