Driven by a strong revival in tourism, rising commodity prices and robust external demand for semiconductor exports
Investing in Malaysia acts as a hedge against inflation as the Ukraine war pushes global commodity prices higher
Given China’s ongoing battle with covid-19, companies are turning to Malaysia to secure their supply chains, especially in the area of semiconductor production
Former British colony
English is used in legal agreements
MYR : HKD = 1 : 1.7
Median age of 30.26 years
Resilient and rising property prices
In recent year, Penang properties have become a popular investment choice for Hong Kong people given the large Chinese population on the island making for cultural and language similarities.
Contributing 10% of global semiconductor output. Over 350 MNCs and 3,000 SMEs in operation.
As the world becomes more digital given its use in all machinery from smartphones to cars. Covid-19 supply chain disruptions has exacerbated the global semi-conductor shortage problem.
Notable FDI includes Intel's USD7 billion further investment to create a new facility in Penang's Bayan Lepas Free Trade Zone.
For its beautifully preserved East meets West heritage buildings.
50% of the country's medical tourism revenue (USD410 million)
Adjacent to the Bayan Lepas Free Trade Zone, Penang Golf Club, and Convention Centre
Comprising of residences, shopping mall, F&B boulevard, central park, A-grade offices, 5-star hotel, and medical center
With a history of over 40 years and over 20,000 residential & commercial properties completed to date
Leasing/re-sale, maintenance, airport pick-up
Including an infinity pool, aqua gym, e-games room etc.
Jade Land Properties is an award-winning boutique real estate agency based in Hong Kong with a history of close to 30 years. Our company is licensed by the Estate Agents Authority (EAA).
We identify auspicious markets abroad and handpick quality developments to assist our clients in building their international property portfolio.
Jade Land Properties (HK) Limited and the respective vendor give no warranty as to the completeness or accuracy of the information contained herein. The selling price is correct at the time of printing. The information contained herein does not form part of an offer or contract. Prices and details are correct at the time of publishing. Our sales representative for overseas property work exclusively in relation to properties outside Hong Kong and, unless stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. Property No.: JL0003. Date of Advertisement: 29 September, 2022. SPOB No.: C-057255-A000. Agent: Jade Land Properties (HK) Limited. EAA Licence No.: C-057255. Place of business: Unit 701, 7 Floor, Winway Building, 50 Wellington Street, Central, Hong Kong. Developer Licence No.: 10294-304-2021/0373(L) Advertisement and Sale Permit No.: 10294-304-2021/0373(P). Approving Authority: Majlis Bandaraya Pulau Pinang. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The 3 Day 2 Night Viewing Trip is subject to booking of a unit in Muze @PICC, and additional terms and conditions. Jade Land Properties (HK) Limited and the respective vendor reserve the right to refuse service to anyone at our discretion and without details or reasons.
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