fbpx

20 Most Active Projects in Penang (Q1 2016)

April 11th, 2016 Leave a comment

2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with nearly 1 million pageviews and over 180k unique visitors in Q1.

With that in mind, let’s take a look at the 20 most active projects in Q1 2016. The Tamarind by E&O continues to hog the limelight being the most popular project in Penang, followed by the affordable One Foresta and i-Santorini by Ideal Property Group.

top20-1q2016

 

Vertu Resort, ranked fourth in the list, is the very first high-rise development by Aspen Group at Batu Kawan. It is expected to continue gaining traction as the show gallery is slated to open by end of this month.

On the affordable segment, it’s worth mentioning that the newly announced affordable units at QuayWest Residence only starts from RM200,000, with unit size ranging from 728 sq.ft. onward.

* 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)

  1. Penang Kia
    April 11th, 2016 at 13:26 | #1

    Wah! I have been following this development and all I can say is that, this is the best development in Penang.

    2015 when people says that economy and our currency was bad, The Tamarind was the most popular and most salable project in Penang. This proves that location and developer plays the most important criteria when people are purchasing a home besides pricing.

    2016 especially the first quarter was interesting with some new launches. However, The Tamarind is still the most popular project in Penang.

    With Gurney Wharf coming up by E&O and 2 more MRT stations which will be located near Island Plaza and especially Tesco. It actually brings up the value of this development.

    Thumbs up!

  2. Macha
    April 11th, 2016 at 16:59 | #2

    It’s important to note that this ranking is based on pageviews from Google Analytics, which is not really a good indicator of how salable is the project. You can generate high pageviews by creating a lot of Hu-Ha surrounding a project, but how many people actually bought a unit, you’ll need the actual sales number from developer for better measurement

  3. Property 123
    April 11th, 2016 at 17:23 | #3

    Macha :
    It’s important to note that this ranking is based on pageviews from Google Analytics, which is not really a good indicator of how salable is the project. You can generate high pageviews by creating a lot of Hu-Ha surrounding a project, but how many people actually bought a unit, you’ll need the actual sales number from developer for better measurement

    Very true, page views is an indication of interest from potential buyers. Also not many developers are able to sell more than 50% of their development after 1-2 years from their actual launching date.

    However, based on news reports, I think this is the most salable project in Penang right now with more than 80% of its units reported sold.

    Correct me if I am wrong.

  4. Wayne
    April 12th, 2016 at 04:53 | #4

    In fact, the Tamarind for block A is 95% sold and block B is 85% sold.

  5. Logic
    April 12th, 2016 at 18:20 | #5

    If it is most page view by google, chances are it is better than the rest with less page view.

  6. Phang
    April 12th, 2016 at 22:49 | #6

    Definitely,for year 2015 the best project is Tamarind developed by E&O.Sales are so strong despite property downturn.

  7. Mahendran
    April 13th, 2016 at 20:06 | #7

    Great project.

  8. Prayer
    April 29th, 2016 at 20:22 | #8

    The best so far ..

  9. Big No
    April 30th, 2016 at 11:02 | #9

    The best ? It’s the worst !!!!!!!!!!

  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)


Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.


Related Properties for Sale/Rent @
Advertise your property at PenangPropertySale.com and it will be shown here. (Only listing with photo)

To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 (Please do not advertise your property in the comment)