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Safety, Security, Gated and Guarded

by Charles Tan These days whenever my friends told me that they are buying a landed property, my first question is always, ‘Gated and Guarded?’. And their answer would always be, ‘Yes’. Honestly, should you buy a landed property which is not gated and guarded today? For me, no. Reason? ... Read More
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Mont Residence

Mont Residence, a high-rise residential development by VST Group in Mount Erskine, Penang. It is strategically located along Jalan Mount Erskine,  within a short 5-minute drive down to the well developed zone of Fettes Park, Tanjung Tokong, Seri Tanjung Pinang and Gurney Drive. This development comprises 2 block of 38-storey ... Read More
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Views on G&G developments

According to findings in an online survey, safety and security have become top priorities for potential house buyers. AS a result of the increasing number of break-ins and the worrying crime rates, there has been a wave of gated and guarded (G&G) housing developments that are putting safety and security ... Read More
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Property fair features award-winning designs

Ivory Properties Group Bhd will offer special promotional packages for its various developments in Penang during the three-day Malaysia Property Expo (Mapex) 2014 starting on Friday. These include Tropicana Bay Residences, the first phase of the Penang WorldCity mega waterfront development in Bayan Indah, along with The Wave in Penang ... Read More
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Raintree Park

Raintree Park 1, the latest addition to Pearl City township development by Tambun Indah. This is a gated and guarded development surrounded by choices of learning institutions, supermarkets, shops, and other facilities. It is mere minutes drive to the North-South Highway, Penang Science Park and the Penang Second Link and ... Read More
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Not just a strictly business affair at property expo

The Malaysia Property Exhibition (Mapex) 2014 in Penang this weekend will be more than just a property fair. Real Estate and Housing Developers’ Association (Rehda) Penang chairman Datuk Jerry Chan Fook Sing (pic) said visitors could bring their children along as there would be a Kids Corner where they could ... Read More
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Dua Residensi

Dua Residensi, an affordable housing development by Penang Development Corporation in Teluk Kumbar, Penang. It is located opposite to Puspakom Teluk Kumbar, a mere minutes drive from Teluk Kumbar town center via Jalan Teluk Kumbar. This development comprises 348 affordable units with size ranging from two different sizes - 850 sq.ft ... Read More
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Buying Penang properties? Affordability means RM600 – RM700psf.

by Charles Tan A close friend asked me recently what’s the price that I would be willing to sell my condo in Tanjung Tokong. I said, RM700k. She laughed and said, my husband said that’s impossible. I laughed and said, it is ok. In fact at the price I wanted ... Read More
Why developer interest-bearing schemes should be banned

Why developer interest-bearing schemes should be banned

The Developer Interest-Bearing Scheme (DIBS) is marketed in such a way whereby the house buyers pay a small down payment during the signing of the sale and purchase agreement (SPA). The developer will bear the interest due during the project construction period until the handing over of vacant possession where ... Read More