Settlement issues is dependent on the developer.
Many tall buildings in Singapore/Hong Kong seldom have this issues.

Straits Quay landed property do have water ponding issues & some roads & pavement are slightly lower than original.

Which Ikea in Malaysia is built with double doors and positive air?

IKEA was set up there due to cheaper land for larger business premises, yet “smart” prop flippers think the land is valuable…. The irony.

RM838k for 2.4k sqft is quite okay to pay for a premium price.

you don't expect to walk into Gucci/Prada/Hermes/LV and expecting to pay Bonia/Carlo/Nike price right?

First phase was only 7xxk when its first launched. Anyhow it is fully sold by the developer during the Launch

It's the developer that are smart .. but buyers tot 850k still good investment.lol..  I wonder how much they wan to sell to make profit

Ecoworld very good at selling. Their showroom give you the lifestyle that home buyers are looking for. Planning wise also very good. Clean and neat township that you feel will be safe for children etc.

But their project will struggle in subsale, cause all this factor they already priced into the project on launching. Unless batu kawan developed into a full satellite town like bayan lepas, prices is going to stay stagnant for a long while.

These are exactly the low class slums Im talkin about lo. Prefer to stay in slums then complain why got low class mentality neighbour, why strangers can cum in rob their hse, why some owners not paying maintenance fees yet nothing can be done.

They didnt mention in ecoworld neighbourhood, the guard roaming around the taman every 2-3 hours and punching checkpoints in every corner. You dont even need to install grille in these houses.

Batu kawan is like meru right? Full of workers hostels.

You answer your own question.

Workers' hostels is located @ Bukit Minyak, not Batu Kawan.

For this kind of houses with township planning and gated/guarded that is around the price.

For penang island those with similar township planning for comparison:

Botanica - balik pulau
Southbay - batu maung
Quayside - tg tokong
Permai garden - tg bungah

Still got some boutique one with not as large township but yeah prices not cheap for these that want “clean/neat” neighbourhood.

Those you mentioned one some are old neighbourhood with alot of legacy issues, like drainage, illegal parkings, small narrow lorongs etc.

Obviously you didn't visit this area.
Signs of settlement already happening at Design Village. Roads & external parking lots sinking.

I think last time I asked my clients plenty of their workers were staying in bandar akasia. That one is in batu kawan right?

They have proven success from other states, KL and Johor, but they have failed the one in Penang (Eco Terraces).
If you are buying Eco World, it's like you're buying Hermes/LV and such.

It has the value, doesn't mean you manage to resell well in a short-run.

But the value preserves.

Batu kawan is like meru right? Full of workers hostels.

true, but I'm saying that when comparing location vs well-planned neighborhood, most msians and penang lang would choose the former.

If I have 800k-900k to buy a house in penang, I rather buy an old double storey in tanjung bungah than those places you listed.

same in KV, rather buy in old PJ neighborhood than buy nicer taman in Setia Alam

Yes you are right, but you have to understand the people/market of Mainland vs Island.

Population @ Island 700k, Mainland is 1mil

People from mainland doesn't want to stay far away from their parents (Chinese Mentality)

They pick up good/premium places like Eco World.

Thats why you can see a lot of young people/couple with flashy cars driving around that Taman (Eco Horizon)

If Bandar Cassia is what you meant? The nearest one is by Westlite at Bukit Minyak, approximately 10-15km away i think.