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 Penang Property Talk, Property talk on Penang

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dopp
post Apr 9 2010, 12:38 AM

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http://www.airmas.com/projects.asp?id=4
Any comment on this project?
dopp
post Apr 9 2010, 01:55 PM

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BM utama $328k i think for DST. There are few other projects near alma

QUOTE(shadow111 @ Apr 9 2010, 11:16 AM)
hi all..

any comment on BM Utama? plan to get double storey house. is the price consider ok or a bit on the high side?
http://www.wingtaiasia.com.my/prop_mirageb.htm

or is there any other recommendation for double storey house in BM area? thanks.
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dopp
post Apr 9 2010, 06:28 PM

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I know the direction, but i dont know what the project or dev name.

After Wonderful supermarket(left hand side), u'll reach T-junction, turn right, go straight to the end... lot of DST, SemiD , bungalow in there.
From BM Utama main road(right hand side) go straight till end of junction, turn left is to Maybank alma, but u turn right.. Along that road got few project.. And there is one , before Nasi Kandar near caltex, turn left go straight, u'll see banners .


QUOTE(shadow111 @ Apr 9 2010, 05:11 PM)
yup, it's around 328k.. do u know what is the project name near alma?
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dopp
post Apr 26 2010, 12:18 PM

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One thing about mainland house pricing... New house pricing increase slowly... and old house price not increasing..
dopp
post May 11 2010, 11:24 PM

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157% increase over 25 years............ LOL..
southbay 795k now 980k 23% increase during construction.
Ideal Regency $290, now 435k 50% increase over 3 years.

not to mention bayswater and baystar yet....

Sorry mainland still very slow....

QUOTE(entrapnet @ Apr 27 2010, 07:14 AM)
i have to argue on that
it does increase but not that fast

we have a house back in 1980 (RM70k) and 2005 (RM180k) in chain ferry

another house in tanjung bunga, raja uda (RM25k - single story), now RM190k
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Affordable? Not the new botanica CT phase... the developer are getting greedy.
I went to the site for survey, their semi D are like 10% occupied, the rest are just investor
their new 3ST 899,969 discount 15k, no subsidy interest until VP and very low building spec. **** very brave.. even whitelily at minden height 2.5 storey only 793k, airmas -bayan residence(relau) also around that price, dnp-sentral green below 900k(relau).
SP setia 600-700k(sg ara), and jelutong 3ST 900+

I rather buy and stay at BM house than Balik pulau...
3 lanes bridge, lesser jam, cheap and good food at BM.. Lesser jam = lesser traffic light to FTZ.
Whining road to Balik pulau n frequent landslide

If want to say economical Nyaman Indah 2 3sT is 598k at balik pulau



QUOTE(dingdangdong @ May 11 2010, 05:15 PM)
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
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Added on May 11, 2010, 11:41 pmWrong calculation, u are assuming if u stay in island, u blink to work ?
No need drive?

So $300 - If u stay in island distance to work, most of eating place need collect parking, higher price of food and living standard, oh dont forget if u stay in lol apartment/condo u need to pay maintenace fees!.
Where in BM 498k(before minus 15k) can get u semi-d with 4200sqft land.

QUOTE(dingdangdong @ May 11 2010, 05:15 PM)
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
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This post has been edited by dopp: May 11 2010, 11:41 PM
dopp
post May 15 2010, 12:39 AM

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i recently sold my house, lawyer handle almost everything.
sold at 230k mainland, lawyer fees total less than 2k
dopp
post Jan 6 2014, 02:13 PM

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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.




QUOTE(sleepy 1 @ Dec 5 2013, 12:35 PM)
Hi all,

Is anyone heard about Solaria condominium that near by Penang airport? Their developer is Ideal Homes Property. What do you think about it? Only 1150 sq feet and is rougly RM580K.

Is there any suggestion for the price range in Penang Island? Thanks
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