Penang port took over so there is way from butterworth to georgetown by ferry ??

is there any good condo property to buy, hold and rent out in Bayan Lepas ?

budget around 400k, 800 sq ft and above

I saw a couple mentions:

Havana Beach
One Foresta
QuayWest Residence

Hello there,
Some humble perspectives to share, hope it could be of help for you:
- QuayWest Residence's price exceeds the budget of 400k, and the rental yield could be far lesser than the monthly commitment.
- For One Foresta and Havana Beach (yet to complete), you might want to reconsider on the density and accessibility, with that said, the competition for the house owners to rent could be stiff.

Hello there,
Some humble perspectives to share, hope it could be of help for you:
- QuayWest Residence's price exceeds the budget of 400k, and the rental yield could be far lesser than the monthly commitment.
- For One Foresta and Havana Beach (yet to complete), you might want to reconsider on the density and accessibility, with that said, the competition for the house owners to rent could be stiff.

Seems not bad...

It was selling slow when I first graduated and came back to Penang.
And it is still selling now.....
Almost a decade jor

Guys,

I am torn between two properties
1) Straits Residence
2) Incoming Marriott Residence

Both have it + and - but for straits residence, I really like the finished product and workmanship as I am able to see the actual unit since it is a completed projects. It really looks luxury and even the lobby and hallway looks good and the old colonial design is a +, blend in really well with straits quay. The furniture and fitting given by KP really good compare to a lot other developers, basically move in condition without the need to do anything at all.  I don't mind to take it for my own stay as well or can easily rent it out also as I think there will be expats interested in this especially with the new international school coming up next door. The only drawback is that the facility kinda lacking behind most luxury condos, heck even some mid-tier facility is better than this.

For Marriott residence, its location is good as it is just in front of gurney wharf and bearing the name of Marriott which itself speak a lot about the exclusiveness and luxuries it brings along. For the quality and finishing, I have no idea yet as I can't judge as it will only complete next year but I do believe BSG should be fine and Marriott will make sure BSG able to deliver as this project carries their  brand name. Again, this will be for pure investment as the sqft is abit small for my own stay.

Both gross rental yield should be about 4% to 4.5%
What do you guys think?

Hi everyone,

My loan was just approved for a landed property in Taman Sutera Prima (Seberang Jaya) for RM530k. This is for my own stay. Both me and my wife are working in Penang island.

However, now I'm  having doubts on whether is it worth it to buy a subsale house that is already 15 years old for that much. Appreciate if anyone can give their opinion on this matter.