Affordability Availability: Penang Properties (Island).

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Recently, just did some latest review of some of the latest available properties in Penang which are below RM300,000 and considered affordable. The list is non exhaustive but now sharing some of them here. Many people think affordable must always be primary properties. While primary property’s main advantage is due to newer design, cleaner environment and the good feeling of buying a new property, do note that if you really need a roof over your head, why not consider secondary property as well? Nevertheless, let’s be realistic, there are some areas in Penang island today where these so called affordable properties are not available.

farlim sg nibong gelugor jelutong sungai ara relau

 

There, these are just some of the available ones and there are many more of such units. Typically a 700sf apartment comes with a minimum of 2 rooms or 3 rooms and it’s suitable for a family of up to 5. Anything more than 5, perhaps a bigger one, say 1000sf would be better. Nevertheless, start somewhere. Never buy too high, you may face difficulty during tough economic times. Control you wants, manage your needs. You will be just fine, no matter what may happen. One reader of kopiandproperty.com predicted that economic crisis will come very soon and he is keeping cash. I am very sure he has his rationale for saying so. My opinion differs even if I am not predicting that prices will rise like few years before this.

written on 28 June 2014.

Next suggested article:  Why property prices would fall, my view

LIKE us for property news update, FREE.

We love to hear from you

You may enjoy these articles too.

kopiandproperty.com

kopiandproperty.com

kopiandproperty.com is everything about property related writings and news. Enjoy reading with a latte.

Leave a Replay

LIKE us for property news update, FREE.

Property investment news everyday? Subscribe for free!

An article a day, keeps updated all the way.

Join 1,220 other subscribers

Property investment news everyday?

An article a day, keeps updated all the way. Subscribe for free!