I always says that Penang in a diamond under radar screen, I bet if Lim GE is sitting there for the next 20 years, it will be a real blue chip stock, driving Penang growing 3X faster than ever, then it will be great! Singapore has nothing, but they hv master Lee, enough to turn a charcoal into diamond

Penang property price still hv much room to grow, especially mainland

You shd focus landed property preferably SD in island, shop play can be in Butterworth or BM

Any problem to hire people to queue for us?
Over the last 3 years, I hv paid more than 10K just to hire someone to queue for me (to buy property).
Queue project mostly are good. Local people knows it

I dunno Penang, but in KV, all the people who queue are genuine buyers, I attended at least 7 projects which are 1st come 1st serve basis. Out of 7, I noticed that there are 2 which were not encouraging, bout 5 & 15 buyers queued respectively. I didn't see the developer put their own people to queue.
Dun think so complicated.

Name me which, dun simply say..

Real estate agent shd be paid minimum 2%. There is wrong that agent collect commission fr Purchaser (unless that the agent is appointed by the agent to source for a house in specific area). I came across 2 Penangite owners in KL, really kiam siap!

It's funny that a lot of people says real estate agent earns a lot, and the job is so easy, but in reality, many dare not to take up the challenge, the success rate is as low as 5% who are able to make big bulks. 50% will eventually leave the industry. Agent being raped, robbed and threaten, all happened in my firm b4, no joke.
Agents are paid 6% in US and 4% in Taiwan. Except Penang, Malaysian owners are indeed very generous.

This post has been edited by UFO-ET: Jun 29 2012, 03:50 PM

If agent dun respect his own profession, no one can help lah, sigh...