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 Penang Property Talk, Property talk on Penang

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ChinHong86
post Feb 1 2011, 07:50 PM

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From: SP,KL


QUOTE(Misha888 @ May 20 2010, 03:23 PM)
Lawyer fees for buying a house and selling a house is different. Selling is always cheaper than buying...

Properties in Penang Island is booming and is always the best if you would compare to stock market and Forex, (I am talking about a landed property). The best area for INVESTMENT on landed properties is from Gelugor to Bayan Baru currently, I personally like Sungai Dua / Taman Pekaka.

Reasons: * Strategic location-- Tesco Extra, School, Shops, USM, Food Courts, 2 minutes to and from the bridge, Shopping Malls, Wet Markets, and etc...
* Price-- This area housing price are still reasonable, Less Investor "goreng"
* Easy Excess-- Yap Chor Yee Road, Jln Sungai Dua (linked to at least 3 or 4 excess)
* Easy to rent out: Imagine! a 4 rooms double terrace can partition up to 10 rooms and each room you can rent to USM or Inti College student for RM250 each with aircond RM350 and get rental for RM2500 a month minus the monthly installment say RM2200 assuming you loan abt RM500K. The USM students will be serving the housing loan for you until USM or Inti College relocate... (which is impossible) .

I personally bought 2 houses there and already convert to student hostel 1 with 8 rooms and 1 with 10 rooms. Guess what, I am making about RM500 a month after paying the installments.
Best Wishes,
Misha
*
hi misha,
would like to noe that u are getting a 2nd hand unit or new unit?
btw how much is ur reno cost to convert it ito student hostel?
ChinHong86
post Jul 3 2012, 09:31 AM

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From: SP,KL


QUOTE(Burningsunz @ Jun 25 2012, 03:22 AM)
hey guys, i wanna know more about GSD land, i never heard of this developer before and suddenly they have a few projects going on, and sierra residences in sungai ara is very suspicious, the whole area SP Setia is developing but in the middle is GSD land, try to search online for GSD Land main office, but i only get their sales gallery, check their website, they never completed any project before, so this year alone they have like 4-5 projects going on at the same time, anyone got any info on GSD Land?
*
u got one unit there?
they have a few under diff company
so most of the projects there are actuallly under the same boss
but their progress is quite slow...
had booked a unit there
till nw few docs frm gov they dun have yet,
but oredi asked us to pay d/p and sign s&p,
but bankers told us canot sign yet,
so i jz delay la until they have everything rdy
anyone here have a unit there mind to share?

 

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