Category: Property Penang
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Perfect property with the lowest price (updated)
The following was a real conversation between an old friend of mine many years ago when I had just moved into my new condo and my friend who was interested called me one day. Note: This happened 7 years ago. The quantum of increase no longer happens like this but I can safely tell you…
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IF affordability = low quality
Are properties very expensive these days? It must be expensive since everyone I know say properties are expensive. In fact, whenever I write about how prices have risen, the clicks to that article increases. What about affordable properties? The new ones which are planned by both the federal as well as the state governments? Most…
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SP Setia in Relau, Penang. 50% sold before official launch.
Yes, as usual some of my friends said that SP Setia is doomed since many of its top management has moved to Eco World. Let me share this piece of news with some of them. Sky Vista, a new project on Penang island by SP Setia has sold half of all its units before its…
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Property 2015 ‘slowing further’ – Moody’s.
Last year, REHDA Penang said 2015 would be a slower year where property transactions are concerned. Of course they were referring to their member’s predictions. In fact for primary properties, unless the developers are willing to re-plan and somehow roll out more affordable ones, the demand will continue to be weak. It has reached the…
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From Penang to Bali, a new love?
I have been to Bali 4 times thus far. I love every trip and I would like to go again. It’s affordable enough, small enough to travel and yet big enough to have lots to see. It’s peaceful enough and I do not feel like it is an unsafe place or somewhere I feel every…
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Penang Property Outlook 2015
A few friends asked me what do I think about the property market in 2015. After I read an article by my friend Ken Lim of penangpropertytalk.com, I think it would be good for everyone to read his views too. His article is written specifically for the Penang property market. When it comes to any…
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Penang Property Submit 2015
There’s one upcoming event in Penang which is worth a visit. It’s the PIP Conference on 9th and 10th January 2015 to be held in SPICE (PISA). This year, the event is a collaborative effort between the organiser, PenEvents Sdn Bhd and the Penang state government. This is is both an expo as well as…
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Holding Back, There’s too much negativity in Penang Property Market
For Penang, 2015 may turn out to be a quiet year where new property development is concerned. This is if whatever said by the REHDA Penang Chairman Datuk Jerry Chan comes true. He said due to various reasons such as rising power costs, fuel subsidy cuts and house buyers’ cautious stance, the REHDA members are…
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New Marina Park in Penang island on a 129,000 sf reclaimed land?
I read something exciting if it materialises in Penang. A new Marina Park in Penang island, along the Tanjung Bungah road on a piece of 1.2 hectares (129,000 sf) reclaimed land by the sea? According to an online article, the state government’s investment arm Penang Development Corporation may be developing a new marina park in…
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Batu Kawan land sale… this time to Hewlett-Packard (HP)
This time it’s not another land sale to another developer who’s coming in with their integrated projects. It’s not related to IKEA too. If rumours in the electronics industry comes true, then HP would be buying a piece of 20.2 ha land in Batu Kawan for a new plant which will produce integrated circuit die…
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Hey, do it well, sell it well. Don’t free so many stuffs.
I realised one common thing recently. Developers are giving more freebies and special deals these days. Okay, maybe not all developers but the numbers have certainly increased. For some, the value of the freebies are up to RM50,000. On one hand, these developers are saying that their margins are lower but here, they are giving…