To be honest, while the reclaimed land like The Light, Tanjung Pinang are hit with the sea current like u said,
at the mean time the water will also hit Georgetown, and that is a code red for everyone.

The sea current wont "raise" until "flooded" any land at Penang in your lifetime.
You would say the weather is getting terrible, the ice at north pole are melting causing the sea level higher

Chill

When the rest of the world are hit by this Sea level rising
I think the economic/country will crash before your property crash/drown.


So
just
relax
and sit back
enjoy buy property

from what perspective?
product? reclaimed land? developer? the township planning?

Bro, why you brought already and takut here takut there
Might as dont buy at first?

save money for STP2

Once the developer tasted the fruitful of building high rise can bring them monies
This will be the trend of developing.


Still, mainland has a lot landbank lar tak tau kenapa keep building highrise like johor

Same developer for the Icon City, the developer want to duplicate the successful of IconCity to Simpang Ampat.
Good business in IconCity, maybe the same batch investor want to have another fruitful return at there kut.

Anyone staying near by the seaside?
The metal will rust in short lifespan?
Besides the air breeze from the sea, daily sunset
what's advantage and the disadvantage staying seaside condo?

You may call developers for verification

Student has been always lowest renting budget

The demand of purchasing houses in Penang has never drop.
But the rental is not high at all in Penang. It just can't fetch higher rental at here.

Please dont. Affordable housing are meant for low incomers not for goreng. There's ton of people out there can't get a home but still got people find lobang buy lowcost and affordable housing for investment.

FYI, Urban Suite has been selling since 2013.
There's always some reasons the unit are leftover. Go figure out.

RM2000 for monthly loan payment.
You need atleast roughly to rent out 15days per month to balance your total expenses.
That's quite impossible task in Jelutong.
I would say the proposal are rather unrealistic.

Fully furnished at 480k are crazy enough
Even Damansara Perdana studios(next to IKEA, Curve) subsales are only 200k-380k max fully furnished.
480k might as well buy landed at Batu Kawan.
For investment confirm a NO, if own stay then proceed along.

Are you new to Penang? You can take a look at the Light by IJM.
It's safe when the developer do it right.

People will say haiya these reclaim land will kena flood once the water level are rising. 10years pass, and nothing.

The question are, do you trust the developer enough?

ah.... Andaman Island are collection type of property. Going to have 1 when i retired.

Town sure expensive if you're looking for affordable apartment try
Taman Bukit Erskine

If you're looking at Mainland, further a bit at Batu Kawan should be a good deal.
Plenty of units there.

Dont be so harsh, a lot developers unable to cleared their stocks one lar
Especially those engage agents to sell one

See Batu Muang projects

The Meg @ Andaman

It was selling slow when I first graduated and came back to Penang.
And it is still selling now.....
Almost a decade jor