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 Penang Property Talk, Property talk on Penang

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knightg
post Apr 7 2008, 06:25 PM

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anyone aiming for low-cost property like Sri Saujana flat at Harbour City near Ferry? Its around 75k excluding car park. instant access to jelutong express highway and near to Komtar and Ferri.

i'm planning to buy one for investment and for rental. is this a good move?
knightg
post Apr 8 2008, 10:25 PM

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QUOTE(abarai @ Apr 7 2008, 10:27 PM)

Added on April 7, 2008, 10:32 pm
dunno the rental rates for flats there. but if you can get something like 500/600pm then you can get quite a good rental yield. for investment, i dont really think a very good move though. there are plenty of low cost flats around that area, and more seem to be coming up.
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thanks for the comment, i have hold back my thought now smile.gif

 

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