Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Penang Property Talk, Property talk on Penang

views
     
yahiko
post Oct 17 2013, 12:19 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(ProperTYcoon @ Oct 17 2013, 12:15 PM)
hello there, we were talking about Mainland projects, please refer to our previous posts.

and it was the DEVELOPER WHO build to compensate those people bcause

-some political party promised that if THEY WIN, they will maintain the land (you know who)

so no choice, they discussed with the developer to come out with a solution (compensate terrace house) then government claim credit

so nowadays when developer compensate SQUATTERS(they are not supposed to be compensate according to the law), SQUATTERS demands for landed now.

so quickly go simply squad at a piece of land and build your own rumah atap, you will be compensated a landed by the state
*
now u mention squatters.. sg ara area got one malay stall built a TOILET in front of an apartment ( beside their stall) sweat.gif

u know those malay kampung stall of coz no lesen just built their stall tepi jalan kinda stuff but this time way over liau
yahiko
post Oct 17 2013, 02:53 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


hmm..

call up the agent n ask if i can buy the low cost there ( second hand from owner)


1 agent say i cannot buy becoz i already have house ( not 1st house)
1 agent say can becoz my 1st house not LOW COST.. if i own a low cost i cannot buy another low cost ( goverment rules)

i pun blur liau..

anyone know how the process work?
yahiko
post Oct 17 2013, 03:00 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(yamasce @ Oct 17 2013, 02:57 PM)
2nd agent is correct...but provided ur salary not more than 3k..u can go komtar land office to check ur status if u wan to confirm
*
i not buying tru goverment.. but buying with owner ..

another thing..
the bt kawan project as i know is not longer than 5 year.. how come the owner can sell ? ( well many kena lelong la biggrin.gif )
can sell meh??
yahiko
post Oct 21 2013, 09:24 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(investz @ Oct 17 2013, 05:57 PM)
Yes, ppl stay at bt kawan(low cost) is not more than 5 years. But the S&P is signed more than 10 years. Meaning some of the buyer been pay off before the OC obtained
*
very true.. when to house viewing.. they say the house project is over 8year.. OC lambat.. biggrin.gif

the house is not bad la.. but weirdo toilet built in second floor.. ( u can see the toilet at the tangga straight up ) sweat.gif

1 toilet 1 bathroom ( separated)
yahiko
post Dec 3 2013, 12:49 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(bdl @ Nov 15 2013, 02:08 PM)
--  tongue.gif wow .... Balik Pulau  ... rm480K ....

-- just bought May this year ....
-- 3-storey townhouse Suria Vista ... Paya Terubong ... whistling.gif ....

-- moved in end September ... less than 2 months ago ... thumbup.gif
*
just saw ur reply unker BDL brows.gif


so how is balik pulau road? i was think there also brows.gif

yahiko
post Jan 15 2014, 09:11 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(aLertz @ Jan 15 2014, 08:20 AM)
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...
*
local families aka bosses.. but not working class ppl like us..
we only afford to buy small apartment,,

or you can do what like my fren do..
buy setia pearl and work 3 jobs a day to support the monthly installment and rent out some room to other.. thumbup.gif

btw when u wan buy jek rolleyes.gif
yahiko
post Jan 23 2014, 02:50 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(Kewbique @ Jan 23 2014, 11:15 AM)
A simple scenario to share with everyone here, let say if you happen to buy a condominium in year 2004.

Lets take Bayswater as an example:-
Purchase Price in year 2004: 300k
Market Value as in Dec'13 : RM 750K
You are now half a million richer, and not to consider that for other landed properties owner.
This is only assuming that you only have a unit. Just my 2c opinion. smile.gif
*
only apply if u can sell it off..

many of these high end flipper took along time to sell and gain profit..
hence u need a large capital to tahan until the property sold.

u need to have money that can tahan ( installment like 5k-6k, need to tahan at least 2-3 years if lucky)

buying house is easy.. installment part is the hard part

just my opinion la biggrin.gif
yahiko
post Jan 31 2014, 03:59 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


Baywater price rm300k meh 1st launch? Yau mou
yahiko
post Jun 19 2014, 09:46 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(Molotov Cocktail @ Jun 19 2014, 09:32 PM)
I need help from Penangites, recently im interested to buy delima intan apartment in Juru for 140k, but the agent told me that the house only can sell to penangite, im not a penangite so not eligible, do Penang got such rule? which type of property under such rules? where to check whether the house im interested is under the rule or not?
*
if is a LMC housing yes..

salary Above 3k, got house already, non state person <--- all above cannot buy LMC house..

to bad.. even LMC house is expensive..

normal i will ask if is LMC or not..LMC= Low Medium cost house under government
yahiko
post Jun 20 2014, 08:29 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


mostly i check online or ask the agent 1st..

when u see FLAT with low price, high changce LMC biggrin.gif

batu kawan bandar cassia the whole taman in LMC doh.gif


yahiko
post Jul 18 2014, 01:28 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(zenjet @ Jul 18 2014, 12:17 PM)
yeah ~ looking for a ~300k apartment (new or old) in penang ~

not qualify for LMC becoz not a penangite ~

not familiar in penang ~ sifu tolong tunjuk ajar ~
*
apa area.. 300k in island u can get max 800sf apartment only
yahiko
post Jul 18 2014, 01:44 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(zenjet @ Jul 18 2014, 01:40 PM)
apa area oso can ~ since i not familiar ~ welcome any inputs ~

yeah ~ apartment as long as > 700 sqft

thanks in advance
*
u better know what area u wan before u decided.

example: where u work, where u wanna stay

tangjung bungah and bayan lepas is very far away.. both also have 300k apartment.
balik pulau also got

do your home work 1st laugh.gif
yahiko
post Jul 18 2014, 02:16 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


hahaha~ okok

with 300k >700sf most apartment u can find in:-
relau, air itam, paya terubong, balik pulau

All is old building..
yahiko
post Jul 25 2014, 12:58 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


sometime those so called condo more expensive than landed house. but still got ppl buy doh.gif
yahiko
post Nov 25 2014, 11:06 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


yes very~
yahiko
post Dec 11 2014, 11:12 PM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


anyone have the ideal how the penang property law now?

i am confusing..

Understood what ever under LMC only entitle to those 1st home buyer within 10year.
what if after 10yr? still same?

Second about affordable housing below 400k ( not under gov) also for 1st home buyer?
or they can only sell to 1st home buyer in 5 yr and after 5 yr is free market?




yahiko
post Jan 26 2015, 08:56 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(nimrod @ Jan 9 2015, 08:14 PM)
for a 328k landed property, 70% loan with 8k (MRTA)
first time house buyer.

legal firm are charging me 10k and above for everything inclusive of 50% stamp duty, S&P agreement and loan agreement.

is he overcharging? i'm just wondering. Can any kind soul englighten me?
*
i dont think is over charging, i had a lawyer fren that i ask before about 8k for all in for house apartment at 200K above.


yahiko
post Mar 10 2015, 11:09 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


penang house price is slowing down biggrin.gif
yahiko
post Feb 22 2016, 11:11 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(milopark @ Feb 22 2016, 10:16 AM)
Greetings to all Property Experts.

"Kuli" here, I would like to ask is there any good property or new launches in Penang that worth to buy? Primary for own-staying.

Price : Max 450-500,000.

THanks.
*
depend on what area and what type of housing..

island only condos.. else u go balik pulau u might get landed.

yahiko
post Feb 25 2016, 08:56 AM

Regular
******
Senior Member
1,215 posts

Joined: Jul 2009
From: Penang Island


QUOTE(fleaz @ Feb 24 2016, 08:58 PM)
Any new condo in Sungai Ara / Relau area price 500k? Thanks

Buying for family to stay
*
new condo - those just launch or can consider condo age 1-3 year?

arena residence quite new




3 Pages < 1 2 3 >Top
 

Change to:
| Lo-Fi Version
0.0747sec    0.68    7 queries    GZIP Disabled
Time is now: 15th December 2025 - 12:26 PM