Category: Property Penang
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800sf CONDOMINIUM for just RM299,000 – Better be quick
Sorry KL folks. Such deal are available only in Penang. This was announced as Penang state’s first privately-initiated affordable housing project. Not much details were available except that the project is in Mount Erskine in Tanjung Tokong. However, with a price of just RM299,000, I can safely say that the number of registrants would far outnumber the…
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8,700,000 sf of land for PR1MA in Penang
A piece of land with a size of 80.94ha in Teluk Bahang has been bought for the 1Malaysia People’s Housing Scheme (PR1MA). This is indeed a positive news for Penangites who really wants an affordable roof over their head. Then again maybe some wants to wait for the affordable ones to be built in Baru…
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Penang, LRT, Tram or whatever transportation system
My Penangite friends said, the jam is becoming worst in Penang! I think, not yet. However, it has deteriorated significantly if compared to when I first arrived in Penang to work in 1998. At that time, even the town areas are ok and I can be in Tanjung Bungah within less than 30 minutes, most…
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He joins, New launches, Penang gains
An industry veteran so famous that any connection to him means ‘sure successful’ thus far, Tan Sri Liew Kee Sin has joined Eco World Development Group Bhd as a non independent & non executive director. His son, Liew Tian Xiong is already a Director in Eco World. This has been speculated for a long time…
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Penang Boutique Hotels, must they be so expensive?
A friend messaged me the other day. She asked me for hotel recommendations since she would be joining the Penang Bridge Marathon in November. I asked for her budget and she said RM200 / room. I said if you can afford you may want to try the latest craze, Boutique Hotels. It has been sprouting…
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RPGT is still around, DIBS can come back.
DIBS (Developer Interest Bearing Scheme) should be reinstated for people buying their first home. Rehda Penang Chairman, Datuk Jerry Chan said that this is essential because it was so tough for genuine buyers to get a home of their own these days. DIBS makes it easy for buyers to buy because they do not need…