Is Penang a popular state? Try going there during any major holiday and you will know it is. Is it the right place to buy a property wait for it to appreciate and then sell it for a profit and repeat? Well, all the properties I bought in Penang has appreciated in price except for … Read morePenang’s overhang is dropping! Time to buy?
According to the organising chairman of Malaysia Property Exhibition Penang (MAPEX), Mr. Ng Chin-U, he expects a total sales of over RM130 million within a 3 day MAPEX show in Penang. MAPEX Penang will be held on 26th September to 28th September at the SPICE (Subterranean Penang International Conference and Exhibition Centre). He said that the … Read more3 days, RM130 million worth of properties to be sold, MAPEX Penang
A close friend asked me recently what’s the price that I would be willing to sell my condo in Tanjung Tokong. I said, RM700k. She laughed and said, my husband said that’s impossible. I laughed and said, it is ok. In fact at the price I wanted to sell, I was only only looking to … Read moreBuying Penang properties? Affordability means RM600 – RM700psf.
On and off, we hear the grumbles from some of our friends that the property prices are expensive. Then, when I pointed out that it is not true and that they can still buy apartments for less than RM200,000. Their answer was, they wanted a condo instead. Then, when I pointed out that for a … Read moreAre buyers really desperate?