guys~

Golden triangle are open back for sales. at QB Mall

i tough they sold out d? ma .

anyone purchased any units of Golden Triangle? wats ur opinion on the type C1?

the state government has come out with a RM2.7 billion Bandar Cassia Affordable House Scheme by PDC on an 80ha plot of land. This project is designed by Singapore-based Surbana and will have about 12,000 medium-cost housing units, three football fields, a man-made river and recreation parks. The units will be housed in high-rise buildings of between nine and 16 storeys and ranging from 800sq ft to 1,000sq ft. They are priced at between RM72,500 and RM220,000 each with a free car parking lot. This freehold project has a 10-year development period over five phases with the Phase 1 expected to be ready by 2014.



Bandar Cassia Affordable House Scheme


There are quite a lot of new factories under construction at the nearby Penang Science Park. With the completion of Penang Second Bridge expected in the end of 2013, the south-west of Province Wellesley could see a significant growth in term of population, jobs, infrastructures and housing projects. Areas nearby Batu Kawan such as Tambun, Simpang Ampat, Jawi, Juru etc should be able to reap some benefits from it.

dear guys...
i kind of overheard a conversation that sounds like this:

people buying newly launched property, no need to pay bank loan until the property is completed. so these people can make money by selling off their unit.

what i heard is that bank wont approve loan for sub sale, or something like that

anyone has any advice or anything to share?

thanks very much

I would like to know how this method works as well..buy property with no investment needed..
Please share your knowledge if anyone here knows this fundamental...

Much thanks

yes cause developer absorb interest ....
bank won't approve loan cause the person not qualify for ...

Yes provided u have strong relation with bank or very deep record with bank

would like to ask, if i buy a second hand property, will I get charged by govt/ higher charge by lawyer?

means there will usually be a lock in period? normally how long is it?

or could you elaborate a bit deeper on this "bank won't approve loan cause the person not qualify for ..."

thanks

lock period is all abt the deal u sign with bank
bank approve loan base on purchase income proof ...

then i just got more confuse lol

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

cannot think at all because RM1.9m way beyond what I can afford.... LOL ...

slightly on the higher end of price...but then when it comes to penang property price, you can never complain it is expensive...because it will get even more expensive only...

i mean you can just compare with other projects like southbay or SP SEtia 3 storey terrace houses....
the location alone worth additional 700k?

I was attracted by the sheer size of more than 4,000sqft

But the system they use is weird, pay money still no confirm getting a house need to do balloting some more

create the excitement and make you feel syok if you get the house mah... this one is part of marketing strategy... build up the interest...make it harder to get...and ppl will think differently...as in very syok when they get it...

but in fact who knows...maybe already guaranteed to get?

Penang house too expensive for me la...

Yea true the prices of property is increasing like mad, 5 yrs ago I bought a landed property in Georgetown for rm0.6m, today it seems to have gone up to rm1m.

that is abit low n slow ....
base on recent transacted record, 2008 - 2012 is more then 100% grow in penang island ....

The increase is crazy. Why did I grew up so slow? I wish I was given birth 5 years earlier. Now I can only hope for government medium cost housing to ensure my life is not bound by all the loans.

Actually the increase is due to many factors, for PG is party due to land scarcity, look at all those new project launches, if it's landed it's either at reclaim land, hilly areas or ex grave yard location. So it's not surprising that prices are increasing like mad. But if look at Kulim, Sungai Petani, or even Nibong Tebal, these places the price is still very much affordable. It's a matter of demand versus supply. PG just couldn't keep up with the demand for landed property.