Penang exco denies claim 365 foreign-owned units sold below ceiling price, says figures misinterpreted

🌐 Malay Mail (MY) —
Penang exco denies claim 365 foreign-owned units sold below ceiling price, says figures misinterpreted

AI Summary

The Penang state government has responded to allegations that 365 foreign-owned property units were sold below the market ceiling price, emphasizing that the figures have been misinterpreted. The statement aims to clarify the integrity of property transactions in the state.

GEORGE TOWN, May 14 — The Penang state government has denied allegations that 365 units of properties...

Politics Real Estate Penang real estate property sales market price government response

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