yay! well done, LGE!!!
FYI: http://www.themalaysianinsider.com/busines...lmost-two-years

I was ex owner of Ideal Regency, condo owner . Property from Ideal homes.
If you can :-
1) Sign S&P without date
2) Corruption from Ideal's Condo Management office
3) Gangster contractor from Mgt Office arrangement.
4) Bad quality, unit leaking . "forgot" to do infra on 2nd floor basement or flood car car.
5) Leaking swimming pool to car park
6) cakai gym.
7) Condo Rooftop wiring 'dissapear' therefore no light .

You may go ahead.

Ideal Regency really so bad?

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.

Not very likely to have a drop, barring a major disaster or economic downturn in my opinion. Even then prices are more likely to stay stagnant rather than drop

When looking around for landed property, the prices are by millions. Even condo also by millions. Penang people can afford this. My relative if need to buy a property i think 2 families need to share to buy it, even with that it is still expensive.

There are affordable property... just maybe not in prime locations. straits quay is prime waterfront property and not targeted at us hoi polloi. That's looking at the price of a land rover evoque and concluding that cars are not affordable....

well said,for landed less than 1million (maybe old housr), look elsewhere than tg tokong / bungah…

Any opinions on the recent announcement regarding IKEA setting up shop in Batu Kawan? There's bound to be a great impact down the road.

and surely they house prices will go up.

there are lots of family out there who can afford 2 million property....

you just don't know how big the world is....

Dude I know your many ppl can afford 2xmillion... is how many in msia.. got 30 % population bo.. u really tink lim guan eng cooling measures and the federal government measures is for you guys to flip over 1 million ? Have u consider issue of affordability.. like who and wat class of ppl u targeting ah. .. ppl who can afford to buy already join us as flipper liao.. at the end when unit completed.. all also flipping and waiting to sell.. then it explain why it is vscant right..

bunglow in nibong tebal baru 450k lehh new lehhh.. or u just mean island area?.. u hold berapa biji want to flip berapa

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..

btw when u wan buy jek

waaaa 3 jobs a day....i think life will be shorten at least 10 years....lol

no money la....property prices still very high...waiting it to drop but seems like a dream

if you read news...i think foreigners actually not that many who buy penang properties...less than 10%? something like that...it was in the article...forgot where i read already...

so mostly are rich locals buying properties...and you will be surprised if there are really many rich people out there...

Yeah, and thanks to our property boom there are now so many millionaires on the street.

Sorry bro, is bungalow land, not bungalow

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...

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.