Penang mainland, Penang island
A friend said that if we want to know if the occupancy is excellent, good or bad, we just need to drive by the development at night. If most of the lights are off, it meant that the occupancy is low. This does not mean that most of the units were unsold because developers do … Read moreNot so high for high-end in Malaysia.
I think this is a huge positive for Penang. The approval for LRT Penang. It’s definitely a catalyst. However, please do read this earlier article yeah. Constructing and Using are two different things yeah Beyond just completing the LRT, the state government must also have comprehensive plan on how to ensure the LRT is almost … Read moreLRT Penang? Fulfil these conditions and ‘Please go ahead.’
(Sponsored) This is an exclusive new condo in Penang called ZEN6 marketed by GIC Group. Location wise, it has access to both the first Penang bridge and the second Penang bridge and is within walking distance to Queensbay Mall too. Other amenities nearby include hotels, office towers, college and International school, convention and exhibition centre … Read moreNEW Launch in Penang island. Freehold, Prime Location and Attractive Price.
Just last week, I was writing about how the Home Ownership Campaign needs to move beyond just the incentive part because truth is, HOC 2019 will be able to touch those who already know about property investment. For many first-time home buyers, they continue to have a negative perception about the property market currently due … Read morePeople do not just buy because of incentives. They buy when they understand.
This is Penang’s biggest catalyst for everything else. It will make Penang bigger with three additional islands. It’s the Penang South Reclamation project (PSR). Without this, Penang will have to rely on the Federal Government for funds for everything it wishes to do, especially the Penang Transport Master Plan (PTMP). As for the fund, well, … Read moreFax received. PSR is approved with 72 conditions.
This was a programme to ensure as many Malaysians as possible getting an opportunity to purchase affordable home of their choice. In fact many of the projects were said to be in prime locations too. So, 1Malaysia People’s Housing (PR1MA) is a name synonymous with affordable housing from the government to the people. This was … Read morePR1MA’s fate? Here’s an update.
I think everyone knows the Home Ownership Campaign period has been extended till 31st December 2019. Earlier article here. HOC is extended, please share yeah. This meant that more people could take advantage of it, especially the first timers who are still deciding whether to buy or not to buy. By the way, developers love … Read moreDevelopers and buyers asked for it, so it’s extended. Good reasons…
Property investment is also about paying taxes on time yeah. There’s really no such thing as I will pay my tax after I have sold my property. Sounds familiar? Yeah, those stratified owners saying to themselves that they should not be paying the maintenance fees because they were not staying there, no enjoying anything and … Read morePlease pay, else I will seize your land and parcel. (stern warning)
I no longer stay in Penang but I support the Penang South Reclamation (PSR) scheme. The main reason is because it provides funding for Penang Transport Master Plan (PTMP) without which PTMP will not have the fund to proceed. Let’s understand that traffic jams in Penang is also getting worse and there are no alternative … Read moreWith federal funds for PTMP, scale of PSR to be reviewed.
I disagree that anyone should rent a home forever because their income will stop after they retire and the salary will not keep coming forever. However, I agree that the government must do their best to ensure the poor gets a decent roof over their heads. Especially by allowing the B40 households rent a decent … Read moreThe poor in Penang has great Rent-to-Own choice now.
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