In the vibrant landscape of Penang, museums stand as beacons of cultural and historical enlightenment. Collectively known as Penang Museum, these institutions form an essential part of the island's identity, attracting a plethora of visitors each year. They serve not just as repositories of the past but as active narrators of Penang's rich tapestry of history, art, and tradition. From the renowned SO Museum with its maritime treasures to smaller, niche galleries, each Penang Museum contributes uniquely to the preservation and celebration of the island's diverse heritage. As we delve into the impact of these museums on Penang's real estate and tourism sectors, their role as custodians of culture becomes increasingly evident.

Tourist attractions can draw visitors from around the world to see their cultural, natural, and historical sites, boosting local property markets. Redang, a beautiful tropical island off Peninsular Malaysia's east coast, is known for its crystal-clear waters, lush rainforests, and abundant marine life. Scuba divers and snorkelers visit Redang Island for its beach, coral reefs, and marine life.

We analysed the growth of average house prices over 20 years for eight states in Malaysia. The average house price data was collected from the year 2000 until the first quarter of 2021. These eight states analysed were Kuala Lumpur, Selangor, Johor, Penang, Perak, Pahang, Sabah and Sarawak.