Tag: penang property prices
-
Penang property price cheaper today?
‘The price of property is cheaper today than six months later’. This was the answer from REHDA Penang President, Dato Jerry Chan when he was asked if the prices are going down since the total market transactions are going down. He went on to explain that low interest rate is the factor why property prices…
-
‘Syndicates’ in auctions
Within a day of publishing the auction articles, the views hit close to 200. A few asked about this question. ‘Syndicates in auctions’. I posed this to Mr Stephen soon, the Chairman of Penang Auctioneers Association and he smiled as he replied me. A write up of his reply and some additional notes from me.…
-
Penang Properties the bright spot in uncertainty
I read in The Star that RHB Research is bullish about Penang properties. It gave two reasons, the opening of the new Penang Bridge as well as the potential of many good news. Actually, I do not think the second bridge would suddenly bring up prices within 2014. It is definitely a good thing but…
-
Buy Penang or Iskandar first?
I think if you ask a Penangite, they would most probably tell you, buy Penang. Iskandar is just a piece of empty land 2.5 times the size of Singapore. If you ask a Johorean, they may tell you that they have only begun to believe that Iskandar might just work but to buy in Penang…
-
Secondary property market, now?
Personally, whenever market slows down, it should be a good time for some bargain hunting. This is especially so when the market has been booming for many years and if you drive past a lot of condos these days, a lot of it are unoccupied even if owned by someone. If we were to refer…
-
Butterworth property is BETTER WORTH.
Nearly everyone of my friends said they wanted to stay inside Penang island. No wonderlah the prices are going up a lot. However do you know that there is another place everyone can also consider? In fact it meets majority of what people tell me except for reasons such as ‘all my friends are in…
-
Why you should visit property fairs
My friend said the property market is going to crash soon. His friend’s friend said so. The developers said that prices cannot come down and it has to go up due to costs. If that is true why there were so many complaints when DIBS scheme was cancelled by BNM. My agent friends said that…
-
Penang property (condo) – Buyer’s market today
My friend asked me if she should wait for the market prices to drop further. She was buying her first property, for her own stay. I told her, I seriously think currently you have the upperhand. The total transactions has gone down so much that I think some sellers may be pressured when they read…
-
Penang property – Balik Pulau vs Batu Kawan (current prices)
Let’s look at current prices first. Current price. If we refer to www.propertyguru.com.my, we can see typically there are a few prevalent projects which are being published for Batu Kawan and a few projects for Balik Pulau. Projects in Batu Kawan would be Bandar Cassia and Taman Mutiara. Both are landed projects and the price…
-
Penang property – Another RM1.5billion GDV project
I do not normally write on individual projects but RM1.5 Billion GDV is not a small one. The reason being this is Penang. Land is limited and thus GDVs do not normally become too huge for people to notice. Sunway Bhd has plans to buy four parcels of land in Penang for RM267.42 million. From…