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 Penang Property Talk, Property talk on Penang

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dingdangdong
post Jun 19 2008, 03:05 PM

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Anyone care to comment on Baystar Condo in Queensbay?

The location is ideal, as once you're home, you only need to cross the street to the mall. Also, it's just next to the coastal highway, ideal for ppl who work in the FTZ in Bayan Lepas. No more traffic jam to work smile.gif

The only downside is you really pay premium pricing for the location. A 2400sqf unit facing the sea on the 3rd floor cost ~720K!!

dingdangdong
post Jun 26 2008, 08:07 AM

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Check out this newly created forum to discuss about Baystar as well as other developments in Queensbay:
queensbay.invisionplus.net
dingdangdong
post May 10 2010, 11:13 AM

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I've been to the "mini" property fair last weekend. Yes, you're right, there's nothing new launched. But then again, most property fairs would not have any new launching. Usually the developer would do it at their own site.
dingdangdong
post May 11 2010, 05:15 PM

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Property price for landed is still affordable in Balik Pulau ( see Botanica CT ).
You can see that they still have 2 storey houses, not the typical 3 storey ones that are everywhere on the island.

They have some really jaw-dropping awesome villas designed by world renowned architect Veritas. If I have unlimited $$, that's what I would like to live in.

But I wouldn't like to travel 10 km to Bayan Baru town daily to work in the FTZ.

Cost effectiveness of staying in on mainland - estimate
Petrol for 40+km (back and forth the bridge) RM 8 (Estimate full tank RM80 for 400km)
Toll RM 7
5 times a week = RM 15X 5 = RM75/week = RM 300/month
( incalculable costs : car mileage accumulates much faster (additional 30 km * 20 days = 600km per month, hence required more service/maintenance in workshop )


Ask yourself if the monthly loan repayment for house price in Penang island is less or more than RM300 compared to mainland.

If it is less, then stay in island. If it is more, much more, then stay on mainland smile.gif

This post has been edited by dingdangdong: May 11 2010, 05:19 PM
dingdangdong
post May 16 2010, 11:05 AM

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you can always shop around for different lawyers to get the best price smile.gif



 

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