The new housing rules caught a lot by surprise. Perhaps even politically motivated. You can also say it stops genuine buyers from selling their home but if you are genuine buyers, why would you buy a medium cost house and try to sell it within 5 years? You suddenly become too rich and needed to … Read moreNew rules to contain potential property bubble in Penang
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 … Read morePenang properties – what Singaporeans ask first
A friend of mine who is a sales manager in an online company told me that she earned 50% profit the other day as soon as her new property was completed. I said, do you own the property or are you paying loan for it? She said she paid just 10% for the property which … Read moreNew property prices up 50%, how much is your profit?
Is it easy to rent out your property in Penang? The answer is yes, as long as the location is not in a secluded spot. If it is in BJ, Gelugor, Relau, Sg. Ara, Bayan Baru, then it is even more easier as there are a lot of people who work in the manufacturing zones … Read morePenang property for rental
After reading my article on Hong Kong properties, a friend said he did not know that Hong Kong properties are that expensive. What about Singapore properties? Let us look at the same criterias again, 700sf, lowest and highest. As usual, online is our best teacher. Stats from www.propertyguru.com.sg Looking at the numbers, it does … Read morePenang property vs Singapore property?
Yesterday my friend who’s a manager with an insurance company asked, ‘do you think Penang property prices will be like Hong Kong in the future?’ I seriously DO NOT think so but it gave me an idea to just do some homework and share with everyone. We often see TVB serials where the typical family … Read morePenang property vs Hong Kong property
I read an article recently about buying properties next to cemetery. I would think any sane buyer would definitely avoid buying next to the cemetery. However, I have to admit that two of my properties happen to be nearby or opposite cemetery. How did both of the properties fare thus far? Well one has given … Read moreBuying Penang properties near cemetery?
We already have Space, People, Connectivity which is in favour of Penang properties. What else? Renewal. After UNESCO Heritage City was awarded to Georgetown, the property prices in the inner city soared. Many dilapidated buildings were bought en-bloc by investors and converted into money generating properties. Many were made into boutique hotels. Some of the … Read moreGeorgetown Renewal – Boutique Hotels
Is it all rosy with Penang properties? I think the long term outlook is positive but according to a lot of my property friends, there has been a slowdown in Penang property market in terms of transactions. Due to all the new measures being introduced, some of the buyers felt that they want to wait … Read moreGloom and doom for property market?
Di Pulau Pinang, hartanah mampu milik sentiasa diperdebatkan. Begitu banyak komen tentang apa itu hartanah mampu milik. Sesetengah berpendapat bahawa hartanah mampu milik itu adalah hartanah yang harga silingnya RM400 ribu dan kebawah. Ada pula yang mengatakan harga mampu milik itu sebenarnya RM250 ribu dan kebawah. Ini artikel saya tentang apa itu hartanah mampu milik … Read moreHartanah di Pulau Pinang sekitar RM250 ribu