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 Penang Property Talk, Property talk on Penang

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jamieoh1017
post Feb 4 2008, 11:07 PM

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As a Penangite, I would personally advise to find somewhere near Greenlane, Gelugor and Batu Maung...

Why Greenlane and Gelugor? it can be said as the mid between town area and airport and it's very near to the bridge, so it is very convenient.

Why Batu Maung? No need to say anymore right? it is of coz because of the 2nd bridge of penang...

However i personally like Greenlane and Gelugor Area as it is very peaceful and safe place to live in, not crime prone area.. and lots of hills and nearby the sea as well, so it wont be very hot.. thumbup.gif

Well, if u are rich and going for high investment, then u minght wanna take the risk and try out Batu Ferringhi ot Tanjung Bungah area as the property there is very expensive and locals wont be a ble to afford renting or buying, your targets are FOREIGNERS..

and don invest in property too close to the PORR, it is not advisable for investment...

Cheers icon_idea.gif

~Young

jamieoh1017
post Feb 5 2008, 01:47 AM

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If u have any developer fren, ask them..they should know.. or u can Check it i think KOMTAR Penang..
jamieoh1017
post Feb 6 2008, 06:24 AM

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E&O project in Tanjung Bungah, i advise not to..coz i was at the launching ceromony whihc i was invited to prepare chinese tea for the guests, but i already saw many cracks on the floor, coz that is reclaim land.. and they jus continue to build be the land is stable..u know wat i mean, which is reclaim land need to be left there for more than 1 year to stabilise, while E&O jus continue to build after he land was reclaimed..

and bout Greenlane, yes there are jams, but if u know the path to use, then the jam wouldn't be a matter anymore, many locals (malaysians) will consider greenlane if they r moving to penang, coz its quiet reasonable and convenient, it's not like ferringhi or tanjung bungah, they might be good place to stay and very near to prime supermarket such as GURNEY, but it's not convenient and the jam is worst than greenlane..really cannot move..

Greenlane's jam is caused by bottle necks and traffic lights, so it will clear of fast..i am a free lance broker for land and properties, and many have came to me and ask bout greenlane, that's a very strategic place, u see, even IJM wanna develope opposite TESCO...and where's there? greenlane and gelugor area..

For the PORR, of coz the info r not available online, tat's y i recommend u guys to look for developer fren, coz some company r quite aggresive or close to government sector, they would have the info about PORR...

I'm actually pushing a land, in the heart of penang town, its a herritage area, but the building is formerly a disco place (clubbing), and it stands at ard 1 acre, max height is 5 storeys to 6, depending on the structure designed (18 feet) - limitation for sturture design info obtain from council, i would be a good location to set up low cost hotels as it is only walking distance to prangin mall and KOMTAR where the main bus hub is located and can move ard penang easily even tesco, queensbay or so... can any one gimme more suggestion of wat to do with the land?




 

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