Property transaction has undeniably indicated a downtrend pattern for past few years. However, people’s obsession with home ownership did not exhibit any declining effect. In fact, we experienced consistent upsurge in our pageviews. By comparing our Jan & Feb 2017 traffic vs the same period in 2015 and 2016, approximately 22% increase is observed in visitors checking out Penang property development at our website in 2017.
Speculating which project has contributed most? Here is a list of 20 most active projects in first two months of 2017.
Top in the list is Avalon Place – a 209-unit condominium by PLB Land at Air Itam, followed by The Stone, an affordable housing by the same developer. The two projects has a combined pageviews of 14,013 in the past two months.
To name other new projects in the list are Novus, Senzo Residence, GEM Residences, Scots Pavilion, TreeO Hillside Towers, Imperial Grande.
Novus, ranked 3rd, is a newly launched development by Prisma Bumiraya Sdn. Bhd. at Sungai Nibong. It is about 10 minutes’ walk to the future Sungai Nibong LRT station.
Senzo Residence, a 34-storey condominium development by Corfield Development Sdn. Bhd. at Sungai Ara. It is just a mere minute’s drive away from sPICE, with an indicative selling price starts from RM480,000 onwards.
GEM Residences, part of the 6 hectares mixed development by Belleview Group at Prai, located diagonally opposite Megamall Penang. Next to it, will be the upcoming largest mall in northern region – GEM Mall.
Scots Pavilion, strategically located next to Scotland Road, offering a 22-storey condominium with 89 residential units. A project by M Summit Group, designed to provide one-stop wellness destination. Indicative selling price starts from RM600 psf onwards.
* Projects are ranked based on the pageviews recorded in Google Analytic web traffic report for PenangPropertyTalk.com.
– Ken Lim
(Founder and Principal Reviewer, PenangPropertyTalk.com)