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The poor in Penang has great Rent-to-Own choice now.

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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Penang’s two new international airport plans?

I do hope Penang has big plans for its international airport. Just two days ago, there was a report that Penang may have to decide between two proposals for a new international airport. Both of them will seek to stop the operations of Penang International Airport (PIA) after they are operating. That article is here … Read morePenang’s two new international airport plans?

Seberang Perai: Please call me a city.

I was based in Penang for 15 years after my graduation. 1998 – 2013. I think it’s statistically safe to say that Penang is an advanced state in Malaysia and it has grown by leaps and bounds from the time when the first bridge was built followed by the industrialisation of the state as the … Read moreSeberang Perai: Please call me a city.

RM2.6 billion investment into Penang. (one of the partners is IKEA…)

Reported in many articles. This is one of them: FreeMalaysiaToday.com: Aspen-Ikea JV invests RM2.6 bil on metropolis in mainland Penang Aspen Vision City Sdn Bhd, a joint venture (JV) company between Aspen Group Holdings Ltd and Ikea Southeast Asia, has invested more than RM2.6 billion in its 99.15ha master-planned metropolis in mainland Penang. Aspen Group … Read moreRM2.6 billion investment into Penang. (one of the partners is IKEA…)

Property market “moving sideways” but launching RM4.05b of GDV in H2 2018

Do you know that you can buy S P Setia for RM2.80 today? Not the whole company yeah but one tiny part of it. I meant 1 unit of their stock in Bursa Malaysia. The potential return is pretty okay, if the analysts are right. According to the average target price by analysts for SPSetia, … Read moreProperty market “moving sideways” but launching RM4.05b of GDV in H2 2018

Home improvements? Here’s one good contractor in Penang.

Home Improvements? Electrical stuffs? Piping stuffs? Specifically for Penang, here’s my recommendation. I have personally used his services a couple of times and in brief, he’s direct, honest and professional. Direct is important because he will tell you all his charges well in advance and you make your decision before engaging him. Honest is super … Read moreHome improvements? Here’s one good contractor in Penang.

Online Bidding (Penang properties). Up to 35.8 percent below market value.

Online Bidding Auctions for March 2018 by MNP Auctioneers (Central) Sdn Bhd. State: Penang (Ayer Itam, Batu Ferringhi, Paya Terubong, Gelugor, Bukit Mertajam), Kedah (Sungai Petani) Property types: From apartments to semi-detached properties and even bungalows Reserve price(s): Up to 35.8 percent below market value.  Please refer below for full details. NOTE:  All these properties … Read moreOnline Bidding (Penang properties). Up to 35.8 percent below market value.

Interest rate to affect property demand in Penang

I have moved out of Penang for the past 5 years. My son was even born in KL. However, I like Penang property market because the island side remains just an island while the mainland side has the second bridge as a new connection to the Bayan Lepas industrial parks. It meant that it is … Read moreInterest rate to affect property demand in Penang

Penangites, see you on 3rd and 4th February 2018.

I have moved to Kuala Lumpur for 5 years. However, I continue to drop by Penang every two weeks. I still own properties in Penang too because I believe the current slow market is only a passing phase. Property market Penang is a very resilient one. On 3rd and 4th February 2018, there are a … Read morePenangites, see you on 3rd and 4th February 2018.

Penang Property Outlook 2018 – What’s brewing?

In Penang, there’s one prominent local property site which is visited by most of my friends. In fact, it was not the most popular when I first got to know some property sites based in Penang. Today, penangpropertytalk.com has around 100,000 visits per month. Do visit them often. On a daily basis, my good friend … Read morePenang Property Outlook 2018 – What’s brewing?

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