Comments on: Are Penang Real Properties too hot? http://kclau.com/investment/pulau-pinang-house/ Personal Finance Money Tips Sun, 20 May 2012 09:50:01 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: braveeng http://kclau.com/investment/pulau-pinang-house/comment-page-1/#comment-155725 braveeng Fri, 11 May 2012 12:16:29 +0000 http://kclau.com/2007/09/28/pulau-pinang-house/#comment-155725 Hi Lau, i heard of some real estate agent claimed that Penang property price is going down in first quarter of 2012 because of oversupply, there will be increase of new houses come to market for those project was launched in 2-3 years ago and ready for key collection, indirectly, there will be tremendously increase of unit especially highrise condo or apartment, it may led to price dropped due to oversupply than demand. Do you foresee how would be the market in penang for the next 1- 2 years, what would be the potential growth of pricei n term of value from investor standpoint especially prime area, like Gurney, tanjong bunga and tanjung tokong. Based on my survey, i am seeing a lot of competition amongst the difference apartment, and noticed quite number of property started publishing to market with the lower price than before in last year 2011. are you agree? will it be keep dropping? and what is the % of depreciation. Hi Lau,

i heard of some real estate agent claimed that Penang property price is going down in first quarter of 2012 because of oversupply, there will be increase of new houses come to market for those project was launched in 2-3 years ago and ready for key collection, indirectly, there will be tremendously increase of unit especially highrise condo or apartment, it may led to price dropped due to oversupply than demand.

Do you foresee how would be the market in penang for the next 1- 2 years, what would be the potential growth of pricei n term of value from investor standpoint especially prime area, like Gurney, tanjong bunga and tanjung tokong.

Based on my survey, i am seeing a lot of competition amongst the difference apartment, and noticed quite number of property started publishing to market with the lower price than before in last year 2011. are you agree? will it be keep dropping? and what is the % of depreciation.

]]> By: KCLau http://kclau.com/investment/pulau-pinang-house/comment-page-1/#comment-150609 KCLau Fri, 09 Oct 2009 02:18:29 +0000 http://kclau.com/2007/09/28/pulau-pinang-house/#comment-150609 Wow .. single storey is asking for RM560k? That's the price of a double storey terrace. Wow .. single storey is asking for RM560k?
That’s the price of a double storey terrace.

]]> By: yee http://kclau.com/investment/pulau-pinang-house/comment-page-1/#comment-150608 yee Thu, 08 Oct 2009 13:01:08 +0000 http://kclau.com/2007/09/28/pulau-pinang-house/#comment-150608 Agree with u Lau, landed property in Penang is really too expensive, can u imagine a 50 years old single terrace in original form without renovation in Greenlane asking for RM 560? Agree with u Lau, landed property in Penang is really too expensive, can u imagine a 50 years old single terrace in original form without renovation in Greenlane asking for RM 560?

]]>