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 Penang Property Talk, Property talk on Penang

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kevyeoh
post Jan 21 2014, 09:02 PM

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the question is where is the money coming from?
most of the middle class buyers can really afford when the fact is past few years salary increment is not keeping up with the property increase...

wink.gif wink.gif wink.gif

QUOTE(Soulheal3r @ Jan 21 2014, 09:22 AM)
Yeah, and thanks to our property boom there are now so many millionaires on the street.
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kevyeoh
post Jan 31 2014, 05:24 PM

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I think if we dont consider past 5 years trend... if you look at current price... then differ scenario dee... the loan repayment if u buy Bayswater now should be around 4k probably?


QUOTE(stevenkkt @ Jan 30 2014, 01:13 PM)
From the given example, the condo was bought at 300k, the monthly installment shouldn't exceed RM1600. Where got 5k-6k...
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kevyeoh
post Jul 19 2014, 08:08 PM

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bayan lepas or sg ara area also got...those apartment older...

i suggest you just go to this URL and screen urself..

http://www.penangproperties.com/


QUOTE(zenjet @ Jul 18 2014, 02:08 PM)
i working in PJ ~ and staying in PJ ~

i want in George Town, 300k apartment ~ > 700 sqft, got?

if i could get what i wanted juz becoz i wanted ~ i won't have to ask here rite?

if i have "decided" ~ do i still need to ask here instead of calling agents?

i'm sorry if i'm being rude ~

the reason i'm asking this question becoz i wanna know which area in island still got 300k apartment > 700 sqft ~

so i can filter out some areas ~ and focus on potential ones ~

anyhow thanks for ur input ~
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kevyeoh
post Feb 1 2015, 02:17 PM

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depends on location and which condo/property you talking about, but i think generally of course the yield lower because the property price increase so much...unless you buy like 5 to 6 years ago at low price, i doubt your yield will be good...


QUOTE(Cabinda @ Nov 25 2014, 10:36 AM)
penang property rental yeild still very bad?
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kevyeoh
post Oct 11 2015, 10:33 AM

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Still available for sale now?
What is the price psf?

Agree with u... only problem or concern is the reclaim land... else all other factors considered are good !

QUOTE(Double_Ace @ Oct 10 2015, 11:27 PM)
Guys my parent wants to buy a unit at The Tamarin at the straight quay there. What's your opinion about it??? I just know the location is good. But it is built on reclaim land, how strong is this kind of places?!!
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kevyeoh
post Oct 15 2015, 08:16 AM

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Dont think anyone can tell... technology progresses so much probably it is no longer a concern.... short term definitely no concern but not sure over long term... i am not educated with knowledge on this....

QUOTE(Double_Ace @ Oct 15 2015, 03:24 AM)
I not sure all the details yet, just heard a bit from them. Just want to know is it ok to buy a high rise building on reclaim land??
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kevyeoh
post Oct 20 2015, 08:39 PM

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I have... 6 or 7 years ago i did with this contractor... back then the price very reasonable....until today i still got ask him do small reno and touch up... i will PM you...

QUOTE(sitizak @ Oct 17 2015, 03:15 PM)
Anyone can share renovation contractor in Penang area? Thanks.
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kevyeoh
post Oct 22 2015, 12:06 AM

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island...have i PMed you? forgot dee..

QUOTE(jhbey @ Oct 21 2015, 09:51 PM)
Is your contractor in island or mainland? Pls pm this contractor contact as well.
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kevyeoh
post Jan 11 2016, 12:02 PM

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Tamarind the hottest among the ones u mentioned... high density but good location... built on commercial land...

Eco Terraces is the worst. Pls Visit the place yourself. The surrounding area is majestic heights slump area... then further a bit iseems old flats... basically you are paying luxury prices for a slump area surrounding... especially Majestic Heights just located directly opposite the road of this eco Terrace... imho... joke of the century....what the developer is trying to sell and marketing....

QUOTE(kochin @ Jan 11 2016, 11:22 AM)
there's a few new launches in penang of late.
any local experts can share their views please?

tamarind, alila, ecoterraces, macalister, etc.
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kevyeoh
post Jan 14 2016, 05:02 PM

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All Seasons Park is definitely better than Eco Terraces if compare on the location alone...

QUOTE(putra23 @ Jan 14 2016, 03:26 PM)
Yes, the surrounding to its location is a drawback. Traffic might be an issue. Heard that it is the most dense area in Malaysia.
Perhaps Eco Terraces targeting locals who would like to upgrade and still remain in the same area? Something like All Seasons park?
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kevyeoh
post Aug 1 2016, 05:23 PM

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slowly going to be the worst property project i've seen in a long long time...have you been to the actual location itself? do you know that just across the main road of this place, the other side of the road, you have an abandoned project and with lots of low cost flats and partially abandoned flats as well?

so what the developer is saying is....if you have one main road....one side of the road consist of all the low cost flats and abandoned project building and then you walk across the road and suddenly the location and area become like a 900psf place?

I have nothing against the developer, but I really cannot believe still got people who will buy this project...you better pray no landslide also... and also if you want to use the relau hill road, hopefully no vehicle breakdown also la...

you might as well go and buy some other condos nearby at farlim area, afterall, this place is near no where....far from everything...

QUOTE(shioks @ Jul 31 2016, 09:32 PM)
Anyone been to Ecoworld Terrance at Paya Terubong?  Any thoughts on the project especially selling at 900 psf?
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kevyeoh
post Aug 14 2016, 09:23 PM

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Looks like it is quite far deep into Feringghi area... you might as well consider tanjung tokong area? Your working place etc nearby? Else prepare for long commute....

QUOTE(kaffra @ Aug 14 2016, 08:37 PM)
just went to the ferringhi 2 soft launch today. it looks pretty good but i do have some concerns if condos there can sell.
price about rm600 psf

penang sifus, BBB?

http://www.mahsing.com.my/
http://pages.gapture.com/ferringhi-residences-2/
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kevyeoh
post Nov 17 2016, 08:46 AM

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Which property you referring to ?

QUOTE(leongsem @ Nov 17 2016, 08:43 AM)
1st time buy house

struggle with the developer and management
got CCC on OCT 12, until now still cannot installer electric meter
water meter should install within this 2 days but maintenance fees need to pay from OCT 12
need to clear all defect before renovation, after renovate warranty gone (wtf)
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kevyeoh
post Nov 19 2016, 10:40 AM

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Obvious answer is save money or earn more money but I think you should quickly get a property first if you need a place to stay... get 200k or 300k place first then continue to save and find ways to earn more and then in future maybe u need 200k only because your existing place already worth 500k... good luck !

QUOTE(mustmust009 @ Nov 18 2016, 09:05 PM)
hi,
mind to share some tips in pm or at here bout how some of you manage to buy 700k houses ??

all property i ask around 700k++ , it is really that easy to pay the monthly installment and the maintenance fee?
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kevyeoh
post Jul 26 2018, 10:15 PM

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Is this a new project just completed? Location?

QUOTE(adamtayy @ Jul 26 2018, 09:05 PM)
Pearl residences
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kevyeoh
post Sep 18 2018, 08:43 PM

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Why? Price drop a lot?

QUOTE(adamtayy @ Sep 18 2018, 07:35 PM)
delima palace, greenlane

or

the oasis, gelugor

is a good time to sapu either this 2

if anyone earning RM10k above..

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kevyeoh
post Oct 17 2018, 10:33 PM

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Can share which property? Must be higher end properties as those got dip in price ... normal condo around 500k+... got dip but sure not until 10% or more ...

QUOTE(rahtid @ Oct 17 2018, 06:09 PM)
invested in penang prop 4 years back, now economy so bad my prop dipped almost 20%.

my friend holding one and trying to sell for 2 years, still couldn't find a buyer. pity him...
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kevyeoh
post Oct 18 2018, 11:56 PM

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Golden Triangle price did drop or still is dropping a bit ... I have friends buying at rm530k or so... probably around 3 years ago ... now should be able to get 490k ... so what's wrong with the debate on Golden Triangle?

Fact is 1st hand buyer probably still earning money ... 2nd hand buyer mostly lose money a bit if they buy recently ...
kevyeoh
post Oct 20 2018, 01:28 PM

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The Address at Bukit Jambul definitely more "luxury" look and feel compared to Golden Triangle... I cannot imagine how someone can say Golden Triangle is a luxury condo if there really is such statement ...
kevyeoh
post Feb 25 2019, 07:56 AM

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But then we are talking about 2 different location here... one is Bukit gambir and the other is batu maung...

QUOTE(luvox @ Feb 25 2019, 12:31 AM)
If u check lelongtips.com.my,  investors r struggling to exit. There is few units arte S auction unit reserve price less than 550k for 1300 sqft
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