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

New Engineer, New Penang Property?

Penang is one of the best place to be for graduates of engineering, with two conditions. You get a good degree and you get into a good organisation. In terms of pay, it’s very competitive and typically your salary from one organisation to the next varies little. If you are able to enter a good … Read moreNew Engineer, New Penang Property?

Rent or Buy – Penang Property

My close friend asked me today. Should she buy a property if she intend to work for only a few years in Penang. I asked her, what’s her rental and she said RM800. It’s not a lot but RM800 x 12 x 5 years = RM48,000.  If I ask you to give RM48,000 away, you … Read moreRent or Buy – Penang Property

Penang property – Villa Kejora

My wife and I jointly purchased our first apartment in Relau when we were just about to get married. We viewed no less than 20 properties in Penang before deciding on Villa Kejora. The three MAJOR reasons for us were: 1) AFFORDABILITY (of course)   2) Nice layout (kitchen was good enough for us)   … Read morePenang property – Villa Kejora

Penang Property Potential

This question requires a very long answer, beyond my usual 300 words article. 🙂 However, let us focus on three aspects for now. Space, people and connectivity. There are a few key property markets in Malaysia. This includes Klang Valley, Iskandar, KK, Kuching and without any doubt, Penang. If we look in terms of space … Read morePenang Property Potential

Then and now, when we buy property

When our parents were younger, they read newspapers to search for properties. Developers would also advertise in newspaper. Leaflet was another very good way. Every house in the neighbourhood gets one. A developer which is building 50-100 units of terrace house need just to spend a few thousand and print 20,000 leaflets and chances are … Read moreThen and now, when we buy property

Affordability, Availability vs Salary

What kind of property can a couple with a household net income of RM8,000 buy today in Penang? My assumption is simple, both are working adults with 5 years experience. Wife is a manager and husband is a senior engineer. 🙂   Who says man must earn more than his wife? We also assume both … Read moreAffordability, Availability vs Salary

Landed versus Condo

I admit first, I am slightly biased since all my properties thus far are condos. However, everyone loves landed property. I think this is very true, especially in Penang island. Due to the limited land size, anyone who owns a landed property is looked upon differently from those who can only afford a condo. Two … Read moreLanded versus Condo

Perfect Property with lowest price

My friend: ‘Hey, I just went to your project today and viewed the 1st floor of Block C.’ Chia Lih: Great, are you buying? My friend: I am still thinking. It’s on top of the TNB room and it’s RM290K. Chia Lih: If it is unsafe, I don’t think the developer would build a unit … Read morePerfect Property with lowest price

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