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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 … Read morePenang Property Digest – Nov 2013

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Why buy Penang Property – my personal reasons

15 years in Penang. I worked with 3 different organisations based in Penang. My wife and I got married in Penang. My baby was born in Penang. From just Sunshine departmental store until today when Penang has Queensbay, Gurney Mall and Paragon Mall, Penang has continuously changed and if I may add, for the better. Without … Read moreWhy buy Penang Property – my personal reasons

Penang Property market – around RM250K

When it comes to the Pearl of the Orient, Penang, many people have their opinions on affordable property. Some say affordable property is below RM400,000.  Some say, nothing more than RM250,000. Today, let us look at properties available to you if you can only afford a property in Penang of just Rm250,000. For an easier … Read morePenang Property market – around RM250K

3% Levy on Penang Property

Personally, I agree to the additional 3% levy. The additional levy would allow the state government to have additional income and may use the surplus for affordable properties in Penang. It is not an easy task to build affordable properties. Land prices has shot up tremendously for many years and in the word of Dato … Read more3% Levy on Penang Property

My Property journey with 5 ladies

My journey as a people manager cum mentor was tested and strengthened when I had to take care of four unpolished diamonds. They accelerated my learning curve tremendously and we went through a lot of tough times and great times. This is their short story. E is her name. I hired her when I was … Read moreMy Property journey with 5 ladies

Landed vs Condo II

Someone who read my article said, ‘The maintenance fee in condo is the negative part’. Truth is, I also feel the pinch because if you stay in the typical landed property, there is no maintenance fee to be paid. I admit, on average I have used the gym just once per month last year. I … Read moreLanded vs Condo II

MM2H – Shopping and Education

MM2H is a Malaysian government programme for foreigners to make Malaysia their second home. I am supportive of this idea. Main reason is because I really do feel Malaysia has what it takes for them to make it their second home or even retirement home. For those coming from ‘winter’ countries, Malaysia is summer the … Read moreMM2H – Shopping and Education

Medical tourism booming in Penang

Some stats and facts from online newspapers about the medical tourism industry in Penang. 1) In 2011, the state received some 300,000 medical tourists which accounted for 60% of those arriving to Malaysia to seek medical treatment according to Deputy Chief Minister I Datuk Rashid Hasnon. 2) According to Dr Hilmi, Deputy Health Minister with … Read moreMedical tourism booming in Penang

Property Buying – Too Far, Too Expensive and Too Soon

Too Far – Unless you buy in a place without roads, it is very hard to find a ‘too far’ place for property. Even property developers would never build in places whereby it’s impossible to access. Think about it. Many years ago, Mon’t Kiara was nothing more than just……. nothing. Sunway was nothing but mines, … Read moreProperty Buying – Too Far, Too Expensive and Too Soon

Real estate agent in Penang property market

A friend just decided to join a real estate agency. It is his second time going into the field. Ever wondered what it is like to be a registered real Estate agent dealing with Penang properties?I happen to have some experience with the agents and penang property market. Depending on how successful you are as … Read moreReal estate agent in Penang property market

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