IKEA and Batu Kawan – buy now?

Ikea is coming to Penang! Today, Penang CM Lim Guan Eng announced a good news for Penang. IKEA is opening in Penang. In fact, it is a good news for Perakians, Kedahans and ‘Perlisians?’ too. This is because they no longer need to drive like crazy, buy a few things in IKEA and then drive … Read moreIKEA and Batu Kawan – buy now?

Direct flights – Penang to Bali?

I checked. There are no direct flights currently and all airlines must stop at KL first. I do not know why are there no direct flights between these two awesome cities but I seriously hope that the authorities do something about this. There are several reasons why this is very important for Penang. Of course … Read moreDirect flights – Penang to Bali?

Penang property – Balik Pulau – Is it ‘far’?

I remember many years ago when my wife and I visited the Botanica CT showhouse in Balik Pulau.  Construction was going on feverishly.  The road leading to the project was winding and there were not too many developments on either side of the road. We went up from the bukit jambul hill road and it … Read morePenang property – Balik Pulau – Is it ‘far’?

Instead of property, why not property stocks? – Part 1

Since property investment requires so much time,  effort and also many risks,  why not we buy stocks instead.  Specifically we buy property related stocks. That is not a bad idea actually.  However just make sure you have looked through the company in three areas below. Cash position. Does it have cash in the bank? Cash … Read moreInstead of property, why not property stocks? – Part 1

ONLY BUY after property bubble burst

I have a friend who earns very high salary. In fact amongst all my friends, I think he is ranked second highest. He knows that I love properties and he told me confidently that he is now keeping his money in FD so that when the bubble bursts, he will enter the market and buy. … Read moreONLY BUY after property bubble burst

Penang mainland property – 2nd Bridge effect

A Toastmaster friend asked, ‘please comment on mainland properties’. I sent Whats App message to 10 friends, half of whom are Penangites and another half non Penangites. ‘With new bridge, would you be willing to move to mainland since it’s just around 20 minutes to places like Bayan Baru, Batu Maung?’ The property prices there … Read morePenang mainland property – 2nd Bridge effect

Penang property vs Tokyo property

Do you think Tokyo is more expensive than Hong Kong? I actually do not know. So, I decided to find out and share with everyone. Just for our general knowledge since property is something which is very important nowadays whether it’s for own stay or for investment. I searched: www.realestate.co.jp which has thousands of listings. … Read morePenang property vs Tokyo property

First home? Buy Leasehold.

Why do I say so? I give you three reasons.  Affordability. Availability.  Actually.  Huh? Actually?? Haha….  Affordability is because when you compare around,  leasehold properties are almost always cheaper.  Sometimes up to 15% cheaper.  If you are buying your first property, buy something lower than what you can afford.  It helps in your mortgage payments … Read moreFirst home? Buy Leasehold.

Pool View, Sea View and My view

Thus far, I have only bought one apartment and one condo which has pool view, both of them from the secondary market. Why did I buy them? Well, that was the one offered and that was the one I liked for its price and the free pool view. Other than these two, I have no … Read morePool View, Sea View and My view

Most expensive Penang Property – CONDO

My childhood friend from Ipoh used to say that rich people in Penang only buys landed. Only middle class like myself would buy a much more affordable apartment or condominium. I hope he reads this because I just wanted to let him know that there is NO WAY we can ever buy these condominiums in … Read moreMost expensive Penang Property – CONDO

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