Ulu area who wants, faster pass on to next water fish lar. Else later cry till red eye 🤭

RM850k can buy landed in Penang? balik pulau also not as cheap as this price now.

Strata title houses I think...

Sub sales can not count like this. sub sale you can use RM2.8million to buy RM4.5million house which LGE done before.

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.

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.

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

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)

It's a freehold actually

already converted to freehold by the developer

+1

I am an Ecoworld owner (but Eco Majestic in Semenyih)

I know the land here is obviously cheaper, but what we notice is that the gap between precincts are very big (basically a lot of buffer from perimeter fencing to main road)

No matter how many times we try to roughly calculate the cost of materials in building a house + land, it's very hard to believe that EW can still make a decent profit out of it. A lot of cost in maintaining the common area landscaping (outside of precinct, so no sinking fund used), too.