Tag: Penang property market
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RM508 million Simmtech factory will be ready by 1Q 2022. (that’s soon!)
RM508 million Simmtech factory will be ready by 1Q 2022. (that’s soon!)
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Property Outlook 2022 in Penang @ Crescent Dew Clubhouse
Property Outlook 2022 in Penang @ Crescent Dew Clubhouse
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Penang property market is vibrant in H1 2021
Penang’s vibrant property market in H1 2021. I have not been to Penang for 1.5 years. My last visit was in 2020 when we were allowed to travel. I do hope I could visit Penang again soon since I will be fully vaccinated by 24th July 2021. Yes, it’s with the ONLY vaccine which is…
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Penang property market looks attractive. Reasons here.
Penang property market. Read on if you love Penang properties too. I remembered that day I went for an interview with a Japanese multinational company in Penang way back in 1998. The only time I was in Penang before this career starting interview had always been for holidays. It never occurred to me that I…
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Only smaller units can be affordable
In a news article about Penang property market in The Malay Mail, Penang Real Estate and Housing Developers Association (REHDA) chairman Datuk Jerry Chan said that Penang’s house prices are certainly not going to come down. This is because of high costs which the developers would have to bear. These high development costs would have…
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Penang Property Market? Expert Series with Michael Geh.
It’s never easy to catch someone who’s also sought after by many newspapers, especially when it comes to views about property. Fortunately, after queuing for some time, I managed to get views from my friend, Michael Geh, Senior Partner of Raine & Horne Malaysia. I have asked him a few great to know questions and…
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Electronics Sector Vibrant – Property Sector Supported
In Penang, the electronics sector is a very important sector for property market. The reason I say so is because more often than not a lot of these manufacturing companies would hire engineers as well as other functions to support operations and these are the potential buyers of properties. This is especially so when these…
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Property market is slowing. Agree. However, there are today MORE interested people.
Last year, during the The Star property fair in Penang there were around 39 developers / exhibitors participating. Actually, in terms of numbers this has gone down. I remembered the last one that I went, there were easily 50 over booths including my former company which had a prominent one too. Perhaps this reflects the…
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Penang property market – Number and Values of Transactions
Thanks to Michael Geh, the Senior Partner of Raine & Horne, we have this chart comparing the number and value of transactions by category of market in Penang from 1H2010 to 1H2013. We can see the actual sudden increase was from H1 2010 to H1 2011. The primary market transactions grew nearly 700%! This however…
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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…