Category: Property Penang
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Challenging 2015 but more affordable offerings and rise of mainland
My good friend Ken Lim of penangpropertytalk.com recently wrote an article which helped to summarise Penang’s property market for 2015 and the property outlook for 2016 within one article. I think this is worth sharing because majority of all my readers may not be well versed with the Penang property market. Actually, Penang may not be…
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Best time ever or worst time ever for property market 2016
I have been asked nearly daily on what will happen to the property market since 2015 has been a bad year and 2016 is going to be another year we want to forget. Let’s not forget, 2014 was also a “so so” year and 2013 was the start of it all. My answer is as…
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Penang Turf Club, PTMP and Batu Kawan
When I was still based in Penang, I was looking forward to the Penang Global City Centre (PCCC) project. Yes, I know many hated it with a host of reasons etc. These people won. It did not happen and well, it has been many years since the last update of that piece land which is…
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Plenitude: Landed helps, high-rise deferred, GDV 12 billion
When I buy stocks, even the undervalued ones, I would always focus on those which are cash rich or low debts. The reason is because these would be companies that may withstand some slowdown, as long as they did not make a huge mistake in their business. One such company is Plenitude Bhd. For the…
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The Marin @ Batu Ferringhi, your luxurious getaway
Everyone who has reached that certain level in life would undoubtedly have a couple of wanted demands. Well for one thing, they may want to wake up to enjoy a sea view from their luxurious condominium and later drive out for a nice breakfast with their loved one in a high-end car model. How about…
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Penang: Got reclaim or no reclaim?
These two are at each other again. Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan accused Penang state government of approving a total of 2,428 hectares of reclamation works to a developer in Penang. Penang Chief Minister Lim Guan Eng said this, “the minister has lost his mind, there were no such approvals, he must…
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Staying for 50 years, landowners should pay ‘adequate compensation’
I read a piece of news about Penang which got me thinking. Should illegal squatters be compensated because they have been squatting for more than 50 years when the landowner decides to do something with the land? If yes, what would be a proper or adequate compensation? Is giving them a token sum, enough for…
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What’s up Penang? Jam has worsened.
I was back in Penang just last weekend for a Toastmasters function. I arrived around 12 noon and after the second bridge, there was a slight jam in the Bayan Baru area. It must be the half-day working day on Saturday. My function was in town and I was travelling from my brother’s home in…
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Great problem Penang; too many affordable homes, soon.
Reported in an English daily, Penang would soon have way too many affordable homes. When there were not enough, everyone shouted and wanted more units made available. When there are now up to 34,608 units worth RM7 billion coming up within 3 to 4 years, suddenly there’s way too many? According to the report, 15%…
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New market high in 2018, property actions today
If someone were to tell you that the next market high will be in 2018, what would you do? Nothing? Good decision, you may have just stopped yourself from buying because of some predictions and that’s great. However, it’s also bad if you do nothing because what if this is true and you missed earning…
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Penang’s coastal ferry service, not for me.
First of all, I love it when I learnt that Penang state government has a Penang Transport Master Plan. I think majority of all Penangites would welcome it. The jam in Penang is getting worse and it has worsened at a faster rate than few years ago. Frankly without a comprehensive plan and implementation, Penang…