Category: Property Penang
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Property transactions Malaysia for 2019? Going up until arrival of Covid-19.
The property transaction numbers for Malaysia were announced just a few days ago. Positively, we had a good 2019. Overall number of property transactions for 2019 was higher than 2018. In case you do not know, the total property transactions for year 2018 was already a better year than 2017 even if it was only…
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Durian? Ang Bak Kia (ABK) and more from a small family orchard (70 years+ trees).
I am a durian lover. To those who are not, skip this yeah. For the durian lovers in Penang, do read on yeah. Buy your favourite King of Fruits and have it delivered to you. This is a small orchard, so while fruits last okay. Daily limited supply. Only for Penang island yeah. Have it…
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Penang Property: Then, Now and Future.
I stayed in Penang for 15 years. I moved to the Klang Valley 6.5 years ago. I still have properties in Penang. If there are opportunities, of course I also hope to continue investing into Penang. Not currently lah, now it’s Movement Control Order (MCO), how to view and pay deposit yeah? I also go…
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Buying a property. Stamp Duty and Legal Fees?
We may have saved enough for the down payment for a home. Say RM1,000 per month x 12 months x 5 years = RM60,000. So, does that mean we are ready to buy now? Yes and No. Yes if we actually have more than enough in the banks beyond just this or that we found…
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Launching RM1.2 billion and targeting sales of RM1 billion. Confidence is good.
There are developers who wants to sell everything they have launched a few years ago by offering very attractive pricing and packages. Do remember that it’s worth understanding that we better understand what we need instead of being attracted by how much is the ‘discount’ or ‘savings’ being offered. Check out the prices for nearby…
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Penang Sentral phase 2 on the way… When and where is this?
Public transportation should be the way forward and will have to be the way how most people travel in the future. This should not happen just in Greater Kuala Lumpur but also in Penang (both island and mainland). We already have the Penang Transport Master Plan (PTMP) for which the latest announcement is that the…
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LRT, PIL and PSR will start in Q4 2020.
Penang has a catalytic masterplan called Penang Transport Master Plan (PTMP). Within this plan are the Light Rail Transit (LRT), Pan Island Link (PIL) and the Penang South Reclamation (PSR) projects. The project delivery partner (Pdp) is SRS Consortium. A project delivery partner is basically the project manager who will ensure the projects are completed…
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Hold on first. There’s an appeal in the courts now.
It’s important to have all sides of the story yeah. Development will always be important because it can be a catalyst of growth to the economy for example. However, development at the expense of the environment may not be clever. This is why it’s always a delicate balance. By the way, there are so many…
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Gurney Wharf is one place I will bring my kids. When will this happen?
There is little doubt that visitors love to visit Penang. Lots to eat, lots to do and well, lots of places to just relax and do little. I was based there for 15 years and have many good memories too. Yeah, I still have properties in Penang which I intend to keep for as long…
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18% discount has started. PLUS expressways. Have you enjoyed it yet?
I am still in Sandakan, Sabah for my Chinese New Year holidays. Thus, I am unable to enjoy the 18% discount on PLUS expressways until coming Monday (3rd February 2020). I hope everyone enjoys this 18% discount which will be in place until 2058. To be objective, it’s true that with the inclusion of yearly…
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Penangites, you have another affordable choice within the island. (not mainland)
Someone once told me that the developers who build affordable units in Penang must be savvy to the fact that Penangites do not buy in mainland Penang and stay in mainland Penang. (Prai, Butterworth, Tambun etc…) I reminded him that Penangites should include both the island people and those in the mainland too. He laughed.…
