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 Penang Property Talk, Property talk on Penang

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adamtayy
post Sep 1 2017, 12:21 PM

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QUOTE(mattalex @ Apr 23 2017, 07:19 AM)
Hi, I am looking to buy a landed house in Penang Island for capital appreciation and also possible stay when I retire. This will need to be be in a peaceful area, but with good access to shops and medical facilities. Since I may not stay for few more years, good rental returns, at least to cover basic costs and loan interest, is also a requirement.

Property can be under construction or completed.

Any suggestions? Thanks.
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assume you are looking at SemiD-

North part of the island - Bayu Ferringhi Residence, 3 storey SemiD - RM1.8mil onwards (market rental can reach RM8k / month)

Georgetown area, lintang sungai pinang- Skyline City Residence, 3 storey SemiD - RM2.6mil

Bukit Gambir - Raffles Residence 1818, 3 storey SemiD - RM2.6mil

All these area are quiet and peaceful surrounding

for actual pics, do google and see..
adamtayy
post Sep 5 2017, 10:40 AM

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dear all, are we allowed to post pictures of properties for discussion.. all the while, a lot of sharing just put Q & A and feedbacks..

no pricing comparison, survey, and market value of properties..

let me start with it.. by location..

1) Iconic vue by (Iconic development sdn bhd)- Batu Ferringhi

Attached Image Attached Image

Total units - 232

freehold

RM400,000 and below

26-storey condominium
adamtayy
post Sep 8 2017, 09:47 AM

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QUOTE(tohca @ Sep 7 2017, 10:10 PM)
Any good condo projects in Butterworth that you can recommend, especially around Harbour Place? Thanks.
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I try to list a few,

Vista Bay

Casa Utopia

Camellia Park

Cassia Resort Condominium

Dahlia Park Condominium

Ocean View Residences

This post has been edited by adamtayy: Sep 8 2017, 09:48 AM
adamtayy
post Sep 8 2017, 11:31 AM

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QUOTE(tohca @ Sep 8 2017, 10:40 AM)
Thanks Adam. With to the above list, for a budget of around RM500K which property would your recommend. In terms of livability and potential for price appreciation.
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Vista bay - around RM310,000, 1257 sq.ft

Camellia Park - around RM380,000, 1,108 sq.ft. – 1,754 sq.ft (by Tambun Indah)

Cassia Resort Condominium - RM365,000, 1,130 – 1,239 sq.ft

Dahlia Park Condominium - around RM400,000, 1395 sq.ft (by Tambun Indah)

Ocean View Residence - around Rm350,000, 1100 sq.ft (this is the nearest to Harbour Place)

these are 5 options for you to choose..

I would recommend Vista bay or Ocean view..
adamtayy
post Sep 8 2017, 01:14 PM

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QUOTE(tohca @ Sep 8 2017, 12:17 PM)
Thanks again. For Ocean View, I don't think you can get 1100sf for under 400K.
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picture show everything..

Attached Image

adamtayy
post Sep 9 2017, 10:05 AM

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another one condo for sharing..

D'mansion, Bukit Dumbar, 1450 sq.ft

95% completed

Attached Image
adamtayy
post Sep 9 2017, 02:26 PM

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QUOTE(tohca @ Sep 9 2017, 01:03 PM)
nice, you know how much psf?
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RM 608.79 psf, before launch..

from 6th floor till 15th floor, in between RM800k till RM1mil

This post has been edited by adamtayy: Sep 9 2017, 02:32 PM
adamtayy
post Sep 11 2017, 11:13 AM

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another one for sharing, skyview residence along Jalan Perak, jelutong

1250 sq.ft, (by Gema Intan Sdn Bhd), 60% completed

Attached Image


adamtayy
post Sep 11 2017, 11:49 AM

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QUOTE(savvyaunty @ Sep 11 2017, 11:19 AM)
price range?
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start from, RM680,000
adamtayy
post Sep 12 2017, 12:26 PM

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another one for sharing,

South Bay Plaza Condominium by Mah Sing..

Attached Image
adamtayy
post Sep 12 2017, 06:34 PM

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QUOTE(AskarPerang @ Sep 12 2017, 06:14 PM)
Incoming booster in year 2019

http://www.themalaymailonline.com/features...5TeVdiEfsuL4.99
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the coming of Ikea to Penang mainland may boost the property market..

Kdu college will be there as well

Batu Kawan / Bukit tambun is another alternative for property buyer..

Ecoworld, aspen group.. are there

Bandar Cassia..

but, do purchase landed, like terrace..
adamtayy
post Sep 13 2017, 05:51 PM

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QUOTE(12321 @ Sep 13 2017, 03:59 PM)
why terrace? because of mainland ppl prefer landed hse?

what's you'll opinion/comment on utropolis residence unit for KDU student rental play? doable?
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most well to do people @ perai / BM will prefer landed.. to show their status..

you can keep animals / pets at landed property

it is not allowed to keep dogs / cats at apartment or condo

by landed, you do not need to pay monthly maintenance fee / sinking fund

Utropolis by Paramount property can be consider as well

the condos cost RM270,000, 500 sq.ft onwards
adamtayy
post Oct 8 2017, 05:52 PM

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iconic vue, middle cost apartment

by iconic development sdn bhd, office at D'piazza, bayan baru

those who plan to retire at a nice place is not other than @ batu ferringhi

price RM400k below, with 1,000 sqft (3 bedrooms)

rolleyes.gif
adamtayy
post Oct 9 2017, 03:04 PM

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QUOTE(tohca @ Oct 9 2017, 09:46 AM)
Agreed. Do you plan to get one or already booked?
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I've reserved, 3 years ago, when they open a booth @ 2nd floor MBPP, komtar..
adamtayy
post Oct 9 2017, 03:13 PM

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QUOTE(savvyaunty @ Oct 9 2017, 10:18 AM)
Isn't this affordable housing under state govt? I think only those working in Penang for certain years can buy.

http://www.penangpropertytalk.com/2016/03/iconic-vue/
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yes, as iconic development s/b has a lot of higher end market, condo,

so they need to fulfill the quota of low / medium cost for the rakyat..

only people that had submit their (Rumah kos rendah / sederhana) form, and in the waiting list be given priority..
adamtayy
post Oct 9 2017, 04:08 PM

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QUOTE(tohca @ Oct 9 2017, 03:53 PM)
rclxms.gif  rclxms.gif  Any news or update on your booking (reservation). Successful or not?
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still on the waiting list..
adamtayy
post Oct 10 2017, 11:58 AM

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QUOTE(tohca @ Oct 10 2017, 08:26 AM)
Any idea if they have stared the project and how many percent "sold"?
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yes, approve by state gov under rumah mampu milik

just like i santorini @ tanjung tokong by ideal property

how many percent sold, not sure

the land is clear, piling works starting..
adamtayy
post Oct 10 2017, 02:45 PM

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QUOTE(tohca @ Oct 10 2017, 01:23 PM)
thumbsup.gif  Wish you all the best. Hope you get the unit.
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thanks so much.. smile.gif
adamtayy
post Jan 8 2018, 04:17 PM

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any one that reside, in the area around pantai jerjak / sg nibong

finding an apartment that cost below, Rm1m for own stay, icon_question.gif
adamtayy
post Jan 9 2018, 06:47 PM

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QUOTE(doggmeister @ Jan 9 2018, 03:41 PM)
can anyone tell me if its worth it to buy unit at the Cove? They seem to be coming down in price now still around 2.5m but for 6000 sqft it seems like a good long term investment?
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in the early, 2005's, it was sold for just RM900k++

the buyer that bought it earn 1.6mil profit? just keeping it for > 12 years

not worth it..

maintenance fee, close to Rm1k / mth shakehead.gif



This post has been edited by adamtayy: Jan 9 2018, 07:23 PM
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