bad luck for me.. after checking the place my lawyer found out that the developer run away.. they didnt bankrupt but just runaway.. i call the management office to ask.. they say they also looking for the developer..

please advise.. i like the house very much but there is so so many problem about it.. should i buy or find another one?

hi misha,
would like to noe that u are getting a 2nd hand unit or new unit?
btw how much is ur reno cost to convert it ito student hostel?

That D'Piazza location did not have a happy start. Many people got burnt...so once bitten, twice shy. This is further aggravated by the stupid ingress and egress of that complex.

Rental yield for landed property has always been bad in Penang. Only slightly higher than apartment/condo.
Rental yield for apartment/condo used to be okay, but not anymore. The price of highrise has increased too much for the rent to cover, much less make a return out of it.

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Added on February 22, 2011, 12:33 pm
The places you chose are close to the factories, and are pretty high in demand. I would say a landed property there right now is from 700K to 800K.
For small apartments, I think the price is around 200K to 300K.
Newer apartments > 1000sqf, should be above 350K.

Good time to invest? I don't know.

is penang rental better than kl?

Ghee Hiang Gardens 27 units selling at Rm1.9m and above, what do you all think?

nibong tebal damn far.

House price are too high, normal working class for me is a pain in ass. I not sure how can I repay the debut. But some interesting founding....when I was haunting for house.....too many investor(ghost house) if compare to real ppl who really stay...I'm a penang island guy, originally stay in penang, now I'm consider to spent more time to travel as a lot of my friends are buying house far away...and traveling cost is lower if compare with the price needs to pay for the housing loan or the rental at the island. Not too sure what will happen to penang island in next few years...

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Added on September 16, 2012, 2:22 pm

yes, but I think its worth. I plan to buy Sungai Petani house. can save up interest rate + 400k for a good wide land. Who cares about travel, the time and petrol and tot is cheaper if you use 400k for it.

property prices are too insane at the moment. have a little patience

Agree... but i heard it was a steal when it was initially launched.. not sure how much was it and the fact that its freehold given its a condo.. but that's what i have heard of so far about the Light.

Then i guess really the popular one for investment would be University Plaza - cater for both students and working professionals! Good for own stay too from what i see

yaya.. that was exactly what i heard...
those who got onto the boat profit like mad

BLR increase next year?

Hi all,
Anyone have any idea or advise on Desa Alor Vista, Relau ?
Wish to find a unit over there, but would like to see if there is any comment here. Thanks!

Hi kevyeoh,
Thanks for the feedback. Do you ever heard about pipe leakage over there ? or some other headache issues ?
Any idea how's the market price now ? If compare to nearby Relau Vista (which is higher density), which one is better ?
Thanks!

If u guys wan to invest in Penang Mainland, which places will u guys prioritise ??

Guys may i ask you experts here any chance Property in Penang will have a huge drop this year??? Bcs over the weekend i followed relative to look around for houses in the Tanjong Tokong area like Straits Quay, the property price there are almost 2 million. The prices are impossible for any family to buy.

u sure lots of family can afford?? local families??

i think many of those expensive property buyers are mainly foreigners investing in our country...
working locally and trying to buy those properties are almost impossible for locals except a small portion only...