How do you think about penang property price recently? Does it have sense going down ?

thats alot my friend....now alot of project on going...but u know what happen to market recently? price gone up high...steel price increases, aluminium, glass.....alot alot of stuff price increased...many contractor is in debt status....cant get credit to start project....

anyway, why wanna start topic on that?

there was another project currently running at sg. tiram but dont know which developer is it...seem like a good settlement area there,....

got double storey semi-d at around machak bubong in construction. projected to finish end of 2009.
reclaimed land by ijm phase 1 onli finish end of 2009 and tats very optimistic oledi. n constuction after a few months later. but those r quite high end condos.
d current trend for most developers r those tat cater to foreigners. (think malysia my 2nd home.)

There is another condo project at Tanjung Tokong, beside Seri Tanjung project by E&O, it's call "The Brezza", the developer is UDA holding. Have you heard of this condos? Can I have your opinion on this condo and the developer?

I like to buy one, as i love the view, it's sea view, you get to choose the full Tanjung Bungah sea view and Gurney Drive sea view. I just love that when I imagine, night view of the Gurney Drive and the sunrise view at early morning.

I heard Tesco is going to open near there, within walking distance, I am thinking, may be this condo can become something like Bayswater, the price will increase..... besieds that, the PORR is also near to the condo, this will also boost the price i guess (just my 2 cents.)...  What do you think?

One bad thing about this condo is, it's leased hold and build on reclaim land. But that reclaim land, i think it's there for more then 10 years, as i always pass by the tanjung tokong road, i always see that empty land.....

This is the URL of the condo, may be you can put your opinions or ideas at there....
http://apartment-penang.blogspot.com/2008/01/brezza.html

Really appreciate that you can give me your opinion for this condo. Thank you so much.

I just bought Regency Height, now eying a private development project somewhere near Tg. Tokong.......

I'd advise you to look for those which already launched with unsold units.

The developers are 'frying' the market. Whatever new launch now, the price is surely 10-20% higher compared to the previous launch/phase.

Hi Scorgio and all,
Thanks for the advice.

I was looking at Setia Vista 2-storey hse (corner lot with a very small compound) located at Relau. Estimate complete in 2012. Price is ~$740k++. I have 3 particular questions which i am not sure if anyone can help me to answer:

1. Current completed Setia Pearl Island of 2 1/2 storey is selling at $700k++ only. Much bigger built up area (2.4k sf vs. 1.7k sf). Which one is worth buying? Of course, if i buy completed one, i'll need to start pay now! If i buy Setia vista, i can wait till 2012 only then start paying.

2. Future low cost flat to be built beside Setia Vista, with price range of $42k. Will this be a concern?

3. There's another project by Ideal property - Tree residences at Bayan Lepas area; with ~720k++ pricing. Which one is more worth buying?

i know my questions are very specific; just in case any of you guys are into these specific projects, pls feel free to comment.

Thanks

condos near qb is crap

the putra place price now asking more thna rm340k is riiculous...most goreng by investors...only those whom wan a place to stay and dont think much will but...but other investors wont buy snce the pric will drop

its a leasehold..... and high density
somemore reclaim land and a lot of cracks