Properties in Penang are one of the most expensive in the country. Due to scarcity of land, properties in Penang is highly desired. If you are planning to buy, sell or rent property in Penang, it is important that you do your homework carefully before signing on the dotted line.
At Penang Travel Tips, I try my best to help prospective property buyers get the best out of every deal. I do this by evaluating hundreds of properties in Penang, providing buyers with unbiased reviews based on my knowledge of Penang, such as proximity of amenities, traffic condition, public transport availability, and so on. At the same time, I encourage property buyers to discuss among themselves the various properties in Penang, whether apartments, housing estates or condominiums, so that they get a realistic idea of present market value. I set up the Penang Residential Property Facebook Group for that purpose.
If you are planning to buy, sell, rent or lease out a property in Penang, it is important that your interest is taken care by a reliable realtor, preferably one attached to a prominent real-estate agency. Your realtor should provide you a realistic expectation and guide you through the steps in the real-estate transaction.
Between buying a property that has yet to be constructed directly from the developer, against a completed unit from a first-hand owner, my preference is the latter. With a completed unit, you have a chance to view exactly how the property looks like, and not base your purchase on the artist's glorified imagination. Also, as the property is now physically tangible, you are able to make use of it right away, whether to stay in it, or to rent out.
If you have engaged a reliable realtor, you should stick with it for your future property transactions. However, if you do not yet have a realtor, write to me, and I will recommend one to you.
It is impossible for me to insulate every property buyer from bad deals, but with all the information that I have provided, my hope is that property buyers seek out my advise and make informed decisions before signing on dotted lines.
Thank you for visiting my website. I started it in 2003, and today it has over twenty thousand pages of information. My name is Timothy Tye. You can call me Tim. I have been writing my website full time since 1 November 2007, and I am enjoying every moment of it. I write my website to satisfy my own curiosity, but I am glad if the information is useful to you.