1.0 Overview of Penang's Investment Landscape in 2024 Penang continued to be a significant destination for investments in Malaysia during 2024, maintaining its position among the top states attracting capital, particularly in key manufacturing sectors. Total Approved Investments: Penang secured a total of RM32.0 billion in approved investments across all sectors, ranking it as the fifth highest...
Articles
by TH Ng 
Introduction This report provides an overview of the industrial property market in Penang for the year 2024. The analysis is based on data extracted from two key publications by the National Property Information Centre (NAPIC): the Northern Region Property Market Report 2024 (NAPIC 2024a) and the Property Market Report 2024 (NAPIC 2024b). The objective is to summarize market activity, supply and...
Introduction Penang, Malaysia, has earned the moniker the "Silicon Valley of the East," and for good reason. This dynamic state offers a compelling mix of strategic advantages that make it a prime destination for foreign investors, particularly those in industrial sectors. This article delves into the key factors that position Penang as a leading investment hub in Southeast Asia. Penang's Strengths...