Tag: penang property prices
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Buying a property over RM550K, relaxed and easy
When I bought my first property just before I got married, my wife and I calculated and recalculated and one final calculation before we decided to go ahead and buy our first apartment, jointly. When I bought my second property which is a condo, my wife and I calculated and decided not to buy and…
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Penang property for rental – two better than one
My brother discussed about buying properties for rental recently. He asked, if he could afford only a RM400,000 loan today, should he buy one property at RM400,000 or two at RM200,000 each. I told him, as long as he understands the rental market, both options are okay. However, if I must choose one, then it…
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Penang property – below RM600,000 and should be new
A close friend told me that after she has asked many agents in Penang, they kept giving her the same answer. ‘You can buy The Peak Residences.’ Walao, there are no other properties in Penang below RM600,000? This time, I did not search, I jogged my memory a little and said, actually there are quite…
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Penang property market slowed down
Everyone I know has been saying that the property market is slowing down. Well, everyone except one agent who told me that his business is still very good. In actual fact, market is slowing down. This is the effect from the many cooling measures implemented and will be implemented in the near future. Buyers are…
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Penang property – expensive versus expansive
Expensive areas would include pulau tikus where only the rich or the super rich can afford. Even the condos are very expensive. For example, Desa Melor, Bellisa Court, Villa Indah, just to name a few. I think price psf is over RM1,000. However, in terms of ‘expansive’, pulau tikus have no huge tracts of land…
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Property prices and developer’s profit margin
I read in facebook that even with all the new levies to cool down Penang property prices it will not do much because the major reason why the price went up is due to the costs. land costs, material costs, labour costs and also all the state requirements of Rm120,000 in lieu of low cost…
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Pool View, Sea View and My view
Thus far, I have only bought one apartment and one condo which has pool view, both of them from the secondary market. Why did I buy them? Well, that was the one offered and that was the one I liked for its price and the free pool view. Other than these two, I have no…
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Penang property choices – RM400,000 – RM500,000?
A close friend asked me what properties can she buy because she would really want to buy a property for herself. I replied, ‘Regency Heights’. She said aiyo, why you have only one proposal? I am looking for something from RM400,000 – RM500,000 and I want it to be in Penang and I hope the…
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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…