this project would be a case study if people would pay high price to flippers for a grave yard view.

any news about this project? buyer get to sign your SPA agreement?

Anyone has registered?

registered? This project has been launched for quite sometimes already with only limited units left.

Not comments at all?

S&p stamping within next few wks n
consruction to start soon… according to ivory. Finally!

Ivory changed it’s facilities with unique design on par with luxury condo associated with Grand Lobby.

Jack, do you have the detail of the changes?

Tan :Jack, do you have the detail of the changes?

Hi Tan,

I was informed by Ivory Sales personnel during their roadshow in Gurney recently. Their printed out the new layouts as well & displayed on their booth.

btw, u could refer to below link for details..

http://www.ivory.com.my/TheLatitude/index.html#/home

Jack, Thanks for the info!

It was heard that OHM will build 3 storey terrace houses, condo & LMC in front of The Peak. Anyone know the details? Would The Latitude Gurney view be blocked by this project?

400 psf? I think the price sounds desperately cheap for an area so close to gurney.

@Impartial

As i knew, the price is in the range of 500 – 600psf.

Hi….
I received call from chow tat seng & low… for payment of bank loan point

We have to pay this? Developer does not absorb?

May I know mow how much per sqf for type A 1600sqt?

hssf :
Hi….
I received call from chow tat seng & low… for payment of bank loan point
We have to pay this? Developer does not absorb?

what are the panel banks?

@Jack

It is beside the grave yard that is why cheap…haha…

Also just notice their sign board at Fettes Park…after so long only 70% sold out?

May bank is one of the panel
I took from Maybank

I BOUGHT TYPE C 42ND FLOOR TOWER B…..ANY NEIGHBOURS HERE?

How was the construction progress so far?

Kartik, how much you bought?

Grave yard is a distance away and this project is built on solid ground,why worry!If you want better sea view,I suggest to buy opposite at Straits Quay area for a similar size will cost you over a million bucks with reclaim land and possibly leasehold,provided if you have the Cash…

Can anyone tell me what is the construction stage now? expected when to complete?

2015 complete.

what is the selling price now?

~1 mil (1500 sqft) after discount. Price gap was huge as compared to last two years price. Almost sold-out or already sold-out. No bumi lots available.

wao…! 1 mil?

I am interest with the high floor and gurney view unit, anyone want to let go?

Hi Paul, why don’t u check with developer for any unit still available?

Hi Paul, I might consider to let go the unit upon completion.

I think the properties prices for this block would drop as there is only one small road leading to the properties

Let’s time tell the truth.

There is only one small road leading to this project of 5 highrise blocks of aparments, with more than one thousand units

@BHT

Price drop because of the accessibility? Property in Pg never has this trend before even the downmelt session only just very short time period.. i extremely believe this will not the factor…

Paul :
@BHT
Price drop because of the accessibility? Property in Pg never has this trend before even the downmelt session only just very short time period.. i extremely believe this will not the factor…

Strongly agreed with you.

@BHT

Lots of buyers purchased it with ~400sqf. Would u think that the price will drop 500sqf.

Lots of buyers purchased it with ~400sqf. Would u think that the price will drop 500sqf.

Sorry. Will drop < 400sqf?

Anyone know what is the progress now?

now still piling.. n still advertising in the papers.. “limited units available.. blah! blah! blah!”..

Checked with Ivory and only left Block A 2units (12 and 13A flr). Interested in 1600sf Block B (straits quay view), preferably 20th flr and above….Thanks.

Anyone wants to let go of your unit? Prefer 1600 square feet/high flr/Block A or B…
Please contact me at 019-4541488

@Peter
Don’t blah blah blah here. Get lose from here. Foolxxh Guy!

Have a unit in Block B , Type C , > 35 floor

Interested?

@JW, We prefer 1600sf, but can consider your unit. can you send me your selling price to my email address, yphew88@gmail.com? thanks

Still got any rebate from developer the left unit ?

Buyer :
Still got any rebate from developer the left unit ?

Yes

Clarissa :
@JW, We prefer 1600sf, but can consider your unit. can you send me your selling price to my email address, yphew88@gmail.com? thanks

Still left some units for 1600sf. Check with Ivory.

I have called up to Ivory office today and been told only left 2 units for 1500sf ( applicant loan rejected units )and 2 units of 1600sf, the selling price after rebate and discount 10% is RM925K for 1500sf unit 03 level 41th, i not sure about the 1600sf but for sure the price reach above 1.1mil..

Anyone interested on Type c at 39Floor? Selling at RM1.3m

This is the 1500sf unit for the type C right?

Ray… you’re right!

Any unit want to let go? Genuine buyer here, prefer high floor above 30th.

39th Floor Type C 1500sqft selling at RM1.3m

@IsaacTan

How come so cheap? Quayside is going at RM1200/sqft, so should price this 1500sqft unit at least RM1.5mil….:)

Merbok…As you said Quayside and this is not Quayside.
Are you sure about the price RM1200psf?

@IsaacTan

Nope. Maybe Quayside is already RM1600/sqft. You should maybe sell at least RM1200/sqft. No?….:)

Is it true the view of Blk A, type 1 will be blocked by the Peak

@ Isaac Tan

I am interest with you unit, can you tell me more about this unit, facing gurney? net price?

@Paul
Paul, the unit was facing straits quay.
I will need to discuss with my partner. Seems cant conclude for now.

Seems like Isaac Tan trying to heighten up the price now after demand arises :p

@Ray
Ray, i can’t take loan by myself. I need to join name then only can take 90% loan.
So, have no choice but to get his consensus….

@Paul
Sorry Paul, due to government new announcement on the 30% RPGT, we will shelve the idea of selling it for the time being.
Really sorry about that

@IsaacTan

Yes, you should keep the unit as your weekend home….:) That probably explains the number of vacant units nowadays, “weekend homes”…:)

@IsaacTan

If not mistaken, the 30% RPGT will impact to the new buyer who bought the house after the annoucement, i think it will not impact to your current condition, please correct me if i am wrong…

RPGT is count on the s&p date la..before or after announcement, if u sell within 3 years still need to pay la..

what is the selling price now for 1500sf unit?

Got >40th floor, 1.600sqf, Block A (sunshine Block: East, South, West -> Block B has no sun the whole day: North), View is not covered by The Peak, as Latitude is higher than The Peak, so the floors above 37th will not be blocked. Any offers?

@Torerow,

what is your offer, do you have the interest to let go?if anyone interest to let go the 1500sf unit please share and post. Thanks

@LATIONO
I first want to wait and see, how the Latitude will look like after completing. But I think, it is one of the best projects right now in Penang. After that, it depends on the price, if I want to sell it or not.

I estiamte the price range now is 1.3mil and 1.5 mil for 1500sf and 1600 respectively … Of course this is my personnel thoughts or maybe lower.

@Paul
Do you manage to get a unit?
I came across an ad for 1500sqft.
http://www.propertyguru.com.my/property-listing/the-latitude-for-sale-3170057
Even thought i cant sell my unit to you, hopefully the above help.

@IsaacTan
I have try to call this guy, no pick up nor sms reply, but anywhere, thanks for your input.

Hi anyone know is there any future projects in front of the peak and the latitude? if there is will it block the sea view?

Geh :
Hi anyone know is there any future projects in front of the peak and the latitude? if there is will it block the sea view?

No other future project will be at the hill side as the gov not allowed any new development there.

What’s the price for block A, 1500sqft now? Are there any avail unit from developer?

I am interest with this high floor low den condo, by the way, this is super condo or just a typical condo? As I saw from above someone mentioned that the price is reach 1.5mil & above ..any comments to share? Paying 1.5mil for 1500sf seems like a bit unjustifiable .. Just my thought

Hi Phua,

I hv a unit. 41 floor. Block B. Gurney view. 1500ft2 . Want is your offer price?

cougar :
Hi Phua,
I hv a unit. 41 floor. Block B. Gurney view. 1500ft2 . Want is your offer price?

Hi cougar,
I have been told that gurney view is block A, pls correct me if I am wrong. Thanks.

@Cougar,

1.3mil should be a reasonable price for 1500sf unit .. Perhaps you can offer your price

Mr Paul:

I bought my unit for RM600K. If you are willing to offer RM1.3 million i will sell it to you.

Let your e-mail and i will contact you.

Found this website: May try contact this agent

http://www.propertyguru.com.my/property-listing/the-latitude-for-sale-3170057

Hi Ray,

My email: paulaner801@hotmail

Please revert, thanks

Hi Cougar, what is offer price? @cougar

Hi Ray,

I’m interest with your unit, what is your offer price, I willing to top up another 200k from your purchase price if the your unit is above 30 floor.thanks

Paul:

If you are serious. Please provide me with a valid e-mail address.

I tried sending the mail a few times and it didn’t work.

I had to verify the e-mail to find out later its a non valid e-mail address.

I am serious in selling it for RM1.3 million.

Please don’t waste my time if you are an agent or just want to test the market.

@Ray

If you are serious, don’t think you will use this forum to sell your $1.3M apartment… can’t even afford 1% agent fee?

Hi Mansion,

I’ve a unit Type C, Block A, 1500 sqf, facing Straits Quay view, asking for RM 1.6 million.

Pls drop me an email if u r interested.

My email address: lynx8chong@gmail.com

38th Floor

@Sam

It is my prerogative whether i choose to pay the 1% agent fee or not.

If the buyer is serious they would have left me their phone number or a valid e-mail address. So that we can be in contact with each other.

No agents please.

39th Floor Block B Type C 1500 sqft for sale.

Hello Ray,
My email is valid and it has been use for the past few years, please check and verify before condemns a person, in fact you can SMS me IF you still cannot reach my email ID, 0195915219

By the way, what is your best price?

1.6mil for this unit?! I think it is too much …@Chong

I think u may have misunderstood the situation. I’m unable to sell it right now and actually is asking for the future price. First, the project is still under construction and the OC is expected by middle of 2015. 2nd, is in regards with the latest announcement for the RPGT of 30% tax on the the profit. In this case, I may have to hold the unit probably until 2018. Sorry for the miscommunication. @Mansion

Hi Paul,
My unit is at level 9 1500sft. My best price is RM1.25 million. According to you RM1.3 million is a reasonable price. If you are interested i would call you.

Cheers.

Lots of time-wasters here , but anyway 39th Floor 1500SQFT @ 1.5m (nego)

List your email/number here and I will be in touch

Agreed to Darren, this is the high end lux condo, one of the highest condo in northern region, of course the unit is worth this price… But unfortunately, I miss the boat during year 2012 due to the hesitation and lots of doubts in mind .. : (

This condo very “good” location. You can “enjoy” the screeching of pontianak after mid-night…:)

Thanks for the offer Ray,

Which type is facing the grave yield, what about your unit?

I managed to strike 4d number twice , resulting in a purchase of a unit there

aiyo, no need to goreng here. there are still some units available from developer, high floor 1500sf/1600sf below 1 mil. Call the office to find out, 04-2108000.

Agreed..

What is the progress now? When is going to complete?

Which condo is the highest in Penang now? Serial V residence? Arte S? The latitude?

I am comparing the peak and latitude , any input to share ?

@Keith Chua
Now is about 8th Storey high for Block A. Most likely will be completed by Q4 2015.

IsaacTan :
@Keith Chua
Now is about 8th Storey high for Block A. Most likely will be completed by Q4 2015.

Wow!That’s fast! I called Ivory, they told me all unit sold

They were supposed to finish the whole project at the end of 2014. Due to delays, the new timeline is to finish it in Q II of 2015. The grave yard is not next to the buildings, there are landed houses in between. I do not understand the issue with the graveyard constantly coming up in this discussion. Tower B is not blocked by the Peak, but it has only short time morning sun and view to the more unattractive side. Tower A is not blocked by the Peak from 37th floor upwards. Her you have light almost the whole day and with view to the Gurney Drive, Straits Quay, etc. Tower A is definitively the better choice (from 37th floor upwards). The Peak is more the lower class version, while Latitude is the luxury version of condos/apartments. There are very few and unattractive units (some of them slightly below 1 Mio.) left in Latitude. The Peak is sold out. They are offering the apartments already for more than the double of the initial prices. As Penang properties are more and more promoted in Mainland China, it is expected, that the property prices will keep on raising, despite the new regulations of the government. There are very few alternatives in the market right now with a similar pricing. It is expected, that Latitude will reach the 2Mios. after finalizing the project.

I have been told by the developer the date of complete is mid of 2015.

/popcorn

@Frank
FULLY SOLD OUT? SO KENG?!

Torerow :They were supposed to finish the whole project at the end of 2014. Due to delays, the new timeline is to finish it in Q II of 2015. The grave yard is not next to the buildings, there are landed houses in between. I do not understand the issue with the graveyard constantly coming up in this discussion. Tower B is not blocked by the Peak, but it has only short time morning sun and view to the more unattractive side. Tower A is not blocked by the Peak from 37th floor upwards. Her you have light almost the whole day and with view to the Gurney Drive, Straits Quay, etc. Tower A is definitively the better choice (from 37th floor upwards). The Peak is more the lower class version, while Latitude is the luxury version of condos/apartments. There are very few and unattractive units (some of them slightly below 1 Mio.) left in Latitude. The Peak is sold out. They are offering the apartments already for more than the double of the initial prices. As Penang properties are more and more promoted in Mainland China, it is expected, that the property prices will keep on raising, despite the new regulations of the government. There are very few alternatives in the market right now with a similar pricing. It is expected, that Latitude will reach the 2Mios. after finalizing the project.

Agreed,thumbs up~! but 2mil seems like a little bit over lah…

Frank :

IsaacTan :@Keith Chua Now is about 8th Storey high for Block A. Most likely will be completed by Q4 2015.

Wow!That’s fast! I called Ivory, they told me all unit sold

What about the 1600sf unit?

latitude :aiyo, no need to goreng here. there are still some units available from developer, high floor 1500sf/1600sf below 1 mil. Call the office to find out, 04-2108000.

YES..I am totally agreed with you.. Call the office to find out more at 04-2108000

Any unit want to let go at below 1.2K?

K equals to thousand. Are you high on something to be asking below 1.2 thousand? @Desmond

Desmond :
Any unit want to let go at below 1.2K?

Should be 1.2M i guess.

Grace Zhu :

latitude :aiyo, no need to goreng here. there are still some units available from developer, high floor 1500sf/1600sf below 1 mil. Call the office to find out, 04-2108000.

YES..I am totally agreed with you.. Call the office to find out more at 04-2108000

They told me all sold, so I thinkit should be including 1600sqf too….

Magnitude Grand :

Frank :

IsaacTan :@Keith Chua Now is about 8th Storey high for Block A. Most likely will be completed by Q4 2015.

Wow!That’s fast! I called Ivory, they told me all unit sold

What about the 1600sf unit?

They told me all sold, so I thinkit should be including 1600sqf too….

You can buy a unit in Sri Pangkor with $1.2 million.

Sri Pangkor has the edge of proximity, amenity, matured neighborhood and resident/community.

Sri Pangkor is a leasehold property.

ong :
You can buy a unit in Sri Pangkor with $1.2 million.
Sri Pangkor has the edge of proximity, amenity, matured neighborhood and resident/community.

Lease hold right? And research from internet found that IJM project which have a lot of complain from buyers…

Ivory told me time square phase 4 coming soon, but donno what’s the price yet. Any opinion on time square please? Thanks.

Yes. It is leasehold. But larger. 1,800 ft to 2,300 ft.

I stay somewhere nearby Sri Pangkor.

The residents are local retirees, expats, big bizmen and hi rank executives.

ong :
Yes. It is leasehold. But larger. 1,800 ft to 2,300 ft.
I stay somewhere nearby Sri Pangkor.
The residents are local retirees, expats, big bizmen and hi rank executives.

Apparently, you are in the wrong forum. This is Latitude forum and not Sri Pankor..

I don’t think 1.2mil you can get the unit here, or maybe can have the lower floor unit, perhaps you can consider the peak penthouse behind the Latitude, OC obtain soon, but not sure the price now.

Clarify: it’s suppose 1.2mil, sorry～！

At about 1.3 MM, you can get the 1510sqft n Ferringhi Reaidence. Its apparently, only two units per floor and only fivestories per block. Anyone has any info on this project? Fully furnish? Selling well?, selling badly? Etc@Desmond

I have call the Ivory office yesterday and input from the sales person all the unit 100% sold, no more unit left from developer.

I have a client want to let go his unit, above 36th floor , 1500sf, block A, facing Gurney and Straits Quay, offer 1.5mil, please let me your email and i willl contact you then. Thanks

John Chua :I have a client want to let go his unit, above 36th floor , 1500sf, block A, facing Gurney and Straits Quay, offer 1.5mil, please let me your email and i willl contact you then. Thanks

Please call me, I have interest with your unit but certainly the price is still nego right? 0195915219

what is the price for unit C @ level 24 now i wonder?

Hello , please go and call the office and see, the sales team will propose you others project as the Latitude is fully sold out.@Grace Zhu

block b ,any price now?

Thought people already changed focus to PWC???

Still thinking about letting go my unit on the 39th Floor , Block B (1500sqft)

darren how much your price?

1.5M Nego

@Darren,
1.5m is too high, you are asking too much, this amount I can get Platino or Vertiq or maybe I pass lesser, @Darren

At 1.5M, you can get PG1 1,800 ft already. Low density, big land plot (4 acres), better location, expat/matured neighborhood.

@Chee CW

I will not be buying RM 1.2M or RM 1.1RM for Platino or Vertiq as this area
is near to the TNB’s Power Station and congested !!!!!

@Darren
I would propose 1.2mil for your unit and if u agree we can talk further, let me know your thoughts then

How much is the selling price for this unit average now?

I think for the high floor unit above 35th price range between 1.2 – 1.4mil, market range now for the sea view unit in Penang around RM800/sqft ( new built ), my two cents

An agent offer me 1 unit selling at 1mil, 13th floor. He told me gurney view, unblock. Ok to buy? Need some advise pls, thks.

@Frank,
I don’t think 13floor can claimed unblock view, which Block and is Type A or B? This is consider below rate if this is really a unblock gurney view unit so-called which I doubt so.

@frank,

You can check with IsaacTan:

IsaacTan
November 28th, 2013 at 12:32 | #50 Reply | Quote
Anyone interested on Type c at 39Floor? Selling at RM1.3m

LW Yong :
@Frank,
I don’t think 13floor can claimed unblock view, which Block and is Type A or B? This is consider below rate if this is really a unblock gurney view unit so-called which I doubt so.

Thanks for your advise Yong. It’s block A, type B according to the agent.

LW Yong :
@Frank,
I don’t think 13floor can claimed unblock view, which Block and is Type A or B? This is consider below rate if this is really a unblock gurney view unit so-called which I doubt so.

Thanks for your advise Yong. It’s block A, but which type not to sure. Need to check with the agent for the actual detail.

Hi Frank,

Block A unit 2 & 3 balcony facing Strait Quay, whereas Unit 1 facing Gurney. As for Block B, unit 2 & 3 facing Gurney, whereas unit 1 facing Strait Quay. Hope could clear your doubts.

Why is the view getting blocked here and there? Is this not near the coastline?

Wow :
Hi Frank,
Block A unit 2 & 3 balcony facing Strait Quay, whereas Unit 1 facing Gurney. As for Block B, unit 2 & 3 facing Gurney, whereas unit 1 facing Strait Quay. Hope could clear your doubts.

Thanks Wow : )

Any one want to let go The Latitude unit please let me know as I have client is asking for it, prefer high floor unit, Thanks

What is the progress now? The completion ?

22 floor for Block A, not sure for Block B @Teh

27 floor , Block A & unit B facing Strait Quay and Gurney 1500ft willing to let go once complete . who ever have interest please let me know. Thanks

@yhtan
what is your asking price?

Anyone can post the latest update and progress pic if you available? Thanks

@Agent
Now Block A is about 17th storey height

Any units left from the developer?

Hi agent, what is the market price per Psf now?
i am not stay in penang . Are you a property agent ?

@Buyer
All sld out from developer….

@Paul & @Frank

I have two units to offer at a reasonable prices.
If both of you are interested and genuine to buy The Latitude please reply to my message.
I do not entertain agent, sorry.

Hi Big Deal,

What is your offer? Any high floor unit available facing Gurney?

@big deal,
Which floor? 1600sf or 1500sf?

@Chee CW & @MK kwok

Left 1 unit

-price is around less around RM 1M. (ori price) not subsale
-level 30 facing Gurney area unit no 1.
-1600 Sq Ft.

Are you the developer ?

Hello Big Deal, the 1600sft is below 1m? This unit is suppose better and lux than those 1500sft units right? But how come it cheaper? any reason you want to let go these two units before completion ? Hope my curiousity will not bore you.

@Chew CW

Yes, you are right the current market price is around RM 1.2 M for The Latitude with 1600 sq ft,
and the market for The Latitude now is still very demanding. After the completion next year the price will even goes up and also with the implementation of GST. No doubt, ppl often say market slow but price still goes up. :] But sorry, I will not disclose it at here. If you are really interested only please leave your PH no. I will get to you.

BigDeal :
@Chee CW & @MK kwok
Left 1 unit
-price is around less around RM 1M. (ori price) not subsale
-level 30 facing Gurney area unit no 1.
-1600 Sq Ft.

Which block?

Which block ?@BigDeal

BigDeal :
@Chew CW
Yes, you are right the current market price is around RM 1.2 M for The Latitude with 1600 sq ft,
and the market for The Latitude now is still very demanding. After the completion next year the price will even goes up and also with the implementation of GST. No doubt, ppl often say market slow but price still goes up. :] But sorry, I will not disclose it at here. If you are really interested only please leave your PH no. I will get to you.

Agreed~! Thumbs up.

What’s the progress now?

Abt 23rd floor for blk A n 12th floor for blk B.

@big deal

Your 1600sqf unit still available?

Hi All,

Any updates on the development?

It is supposedly to be ready by 2015, but I cant recall which month, can someone please enlighten me?

What is the selling price now? I heard that the pricing is stagnant since the annocement of the budget. Any comments and inputs to share ?

May 2015 @Darren

All units were sold out. Have to wait till completion then will mark new price for this project. @Ray

@Wow

Strongly agree with you. After completion, there will be new price level for this project. Same also happens in KL, after project completion, the market is so slow now that sellers have to sell below original purchase price, so a new price level is established.

I’m afraid Latitude will suffer too, with the big gr@veyard sitting just right beside it, plus slow market.

No worry. Wait and let time to prove. @Walao

Dream on that price will continue to escalate just like 2007-2011. High rise is over supply. Even landed is struggling to sell. Who is your potential buyer? Foreigner? Investor? If you can afford the mortgage, congratulations. If you cannot afford, be prepared to eat Maggi for next 2 years min.

Walao :
@Wow
Strongly agree with you. After completion, there will be new price level for this project. Same also happens in KL, after project completion, the market is so slow now that sellers have to sell below original purchase price, so a new price level is established.
I’m afraid Latitude will suffer too, with the big gr@veyard sitting just right beside it, plus slow market.

Are h serious?! Don’t dreaming lah! Below original price?! Even market is slow, the building sitting nearby Grave yard, I dare to say no one will dump price and let go below the market price as what u think, u cannt afford not means other. Which case study or fact saying KL having this scenario, I think lots of readers here aggressively and so eager to look into this. Please share, thanks

@Walao
You mean price will drop after completion?
So, what’s the estimated price?

Wow :
All units were sold out. Have to wait till completion then will mark new price for this project. @Ray

Base on present market and economy outlook? It’s seems hard to believe and justify saying the units are fully sold out.

IsaacTan :
@Walao
You mean price will drop after completion?
So, what’s the estimated price?

Price drop after completion? Interesting judgement from Walao, he must be the fortune teller. I hope u hit the right point as I have cancelled the purchase last year due to the area is far away from my work place

Latitude buyers are all rich investors. Most should have holding power… No need to worry for them.. some of these money already been used to fund the Penang Times Square… we should thank them..

@Walao
So far in Penang island property market, no body ever experience price drop after completion before.
If it happens,then it is a record. Can any one enlighten me any case?

Need not speculate until price drop la. Presently we are already in a plateau since second half 2013, how long this plateau will go on. nobody can tell. Whether this flat period will see a price dip subsequently, again nobody can tell. Those who are still dreaming of making quick $$; wait OC/VP, price will jump, that’s not likely going to happen. You can still demand for the fairy tale price, but reality is there isn’t as many buyer out there to absorb.

Projects completed this year onwards unfortunately have already missed the wave, have to do some paddling.

All new launches can’t really sell, isn’t this worrying?

Siau Kia :
Dream on that price will continue to escalate just like 2007-2011. High rise is over supply. Even landed is struggling to sell. Who is your potential buyer? Foreigner? Investor? If you can afford the mortgage, congratulations. If you cannot afford, be prepared to eat Maggi for next 2 years min.

Property price will not escalate and accelerate compare past time but for sure will grow healthy and steady for long term esp after the implementation of the cooling measurement by gov.

@M
What do u mean on the money been use to fund penang times square???

@ Keith Lee,

Price to Grow healthily?? Are you sure? Price is already at a very unhealthy level. 12 years ago I bought a terrace house 3x combined annual salary. Today a young couple maybe need 6x or more to buy the same terrace house. This is a big disparity. Tell me if this is healthy.

@Sathiam

You’re right. Many new project cannot sell. If got buyer, most of their loan got reject. Penang is going to face property crash soon.

@Highrise

If you have bought Latitude, some of your money already been used to revive to dying times square… that’s why we thank you…

@Concern buyer

Like Latitude investors, many property investors in penang are rich… they will support the market…

Quite true there’re many vacant units available in the market.
Example Peak Residences already have many units without lights at night!
Roughly, what’s the price psf now in Penang?

@Siau Kia
Lucky and congrats that you manage to buy a terrace house at affordable price.
Now, staying on landed is almost like a fairy tales.
I believe property price increase not only happen in Penang but entire Malaysia or even major part of the world.
It always happen on developing country/developed countries. Just take a look at nearby places like China, Tokyo, Jakarta.
Housing development in Penang have exceeded the demand/population which is not so healthy.
Hoping Government will slow down selling of land to private developer to better ensure property crash yet controlling the price.

@IsaacTan

Low cost flat would have high occupancy rate…

@M
Do you think it will still be a dying Times Square even revival process?