Penang property sales data Q3 2008 summary in term of value of transactions by property sub-sectors, # of residential property transactions and # of residential property transactions for Penang Island only.
For value of transactions: -Penang Q3'08 property sales slightly dropped -1.5% compared to Q2'08 and increased 4.1% compared to Q3'07. -Residential property remains to be the main sectors contributing 58.2% followed by 13.9% on commercial property.
In term of numbers of residential property transactions: -Up trend: increased from 3749 transactions in Q2'08 to 4138 transactions in Q3'08 (+10.38%) -Flat contributed the most numbers of transactions (841/4138: 20.3% in Q3'08)
Numbers of transactions only in Penang Island: -Up trend: from 2344 transactions in Q2'08 to 2531 transactions in Q3'08 (+7.98%) -Top 3 transaction involved flat, condo/apartment and low-cost flat -Penang island only transaction made up of 61-63% of total transaction in whole Penang state
Source: http://www.jpph.gov.my/ (Jabatan Pernilian Dan Perkihdmatan Harta-Kementerian Kewangan Malaysia). Full detail report: http://www.jpph.gov.my/V1/pdf/q308Pulau_Pinang.pdf
