For own stay, I won't buy it at the moment because there are still nothing around the place and not sure how it turn out. I see more cons and pros at the moment.

1) Nice concept and good looking
2) Sea view but the view is not so good compare to upcoming Penang World City.
3) Too near to highway (Some people okay with this)

I see people selling at RM900K, for the money I'll go for landed. I hate to wait for elevator during peak hour and walk some distance to get my car. People visit also a hassle. For investment, very hard to say because how many people can buy near 1M property?

If you want affordable landed house and don't mind leasehold of around 70years then you can try look in bkt gedung or bayan baru single/double storey terrace (not cluster house). I bought a unit at 360K 3mths ago (mudah.my listed 420K-430K). It might look old but after reno things will be different.

At first, I plan to buy a 2nd hand apartment around 400K but most of it got this issue:

1) 1 carpark (maybe 1+1)
2) High maintenance fee (swimming poor not clean enough)
3) High density (rush hour nightmare waiting for lift and traffic issue)
4) People visit a hassle
5) Master room is small, 2nd room even smaller, 3rd room no need to say.

New 1100sqft condo:

1) 450K-500K (not include reno + gangster contractor issue)
2) High maintenance fee
3) Mostly 2CP (expensive CP)
4) Unknown house quality, environment, occupancy
5) High density (rush hour nightmare waiting for lift and traffic issue)
6) People visit a hassle
7) Master room is small, 2nd room even smaller, 3rd room no need to say.

This post has been edited by lotiman2003: Dec 4 2012, 06:03 PM

Can they sell it at that price?

BLR increase next year?

Got a banker told me BLR might be increase but cannot confirmed.

For Island ppl, BW not convenient. Everything is too scattered

It's actually a medium cost terrace build by PDC (not cluster house) but lately many ppl bought it and reno it to modern design house.

PR1MA got affordable house at 400K. Well, do you think 400K affordable?