Category: Property Penang
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Penang property prices still going up – REHDA Penang
I read an article in TMI quoting REHDA (Penang), Dato Jerry Chan as saying that prices of land in Penang is still rising and the latest one being RM1,200 psf which was the state government’s land swap deal with Consortium Zenith BUCG which is building the mega RM6.3 billion undersea tunnel and three highways. RM1,200…
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New rules to contain potential property bubble in Penang
The new housing rules caught a lot by surprise. Perhaps even politically motivated. You can also say it stops genuine buyers from selling their home but if you are genuine buyers, why would you buy a medium cost house and try to sell it within 5 years? You suddenly become too rich and needed to…
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Penang properties – what Singaporeans ask first
I was on duty in my previous company in a property show in Singapore. It was early morning, even before 930am and the show does not start until 10am. Yet, there were already a few Singaporean investors arriving early. They also try to listen to each and every seminar throughout the day and loves to…
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Penang property vs Singapore property?
After reading my article on Hong Kong properties, a friend said he did not know that Hong Kong properties are that expensive. What about Singapore properties? Let us look at the same criterias again, 700sf, lowest and highest. As usual, online is our best teacher. Stats from www.propertyguru.com.sg Looking at the numbers, it does…
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Buying Penang properties near cemetery?
I read an article recently about buying properties next to cemetery. I would think any sane buyer would definitely avoid buying next to the cemetery. However, I have to admit that two of my properties happen to be nearby or opposite cemetery. How did both of the properties fare thus far? Well one has given…
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Georgetown Renewal – Boutique Hotels
We already have Space, People, Connectivity which is in favour of Penang properties. What else? Renewal. After UNESCO Heritage City was awarded to Georgetown, the property prices in the inner city soared. Many dilapidated buildings were bought en-bloc by investors and converted into money generating properties. Many were made into boutique hotels. Some of the…
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Hartanah di Pulau Pinang sekitar RM250 ribu
Di Pulau Pinang, hartanah mampu milik sentiasa diperdebatkan. Begitu banyak komen tentang apa itu hartanah mampu milik. Sesetengah berpendapat bahawa hartanah mampu milik itu adalah hartanah yang harga silingnya RM400 ribu dan kebawah. Ada pula yang mengatakan harga mampu milik itu sebenarnya RM250 ribu dan kebawah. Ini artikel saya tentang apa itu hartanah mampu milik…
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Penang Property Digest – Nov 2013
What has happened in the Penang property market in November 2013? Here’s a digest of the news reports. 🙂 Shared Ownership Scheme – Chief Minister Lim Guan Eng launched a scheme to help low-wage earners buy their own home through a Shared Ownership Scheme. For those who qualify, 30 per cent interest-free funding would come from…