Jasmine Residence, a low density gated and guarded development by Solid Balance Sdn. Bhd. at Relau, Penang. Located off Jalan Kampung Batak, approximately 2km away from Setia SPICE Convention Centre. Nearby communities include Garden Ville Condominium, Sierra Residences, Skycube Residences and several other condominiums.

This strata development comprises one unit bungalow and 35 units of 3-storey terraces with three design types to choose from. Indicative price starts from RM1.7 million onwards.

Property Project : Jasmine Residence
Location : Relau, Penang
Property Type : Gated and guarded landed
Built-up Area: (to be confirmed)
Total Units : 36
Land Tenure: Freehold
Indicative Price: RM1,700,000 onwards
Developer: Solid Balance Sdn. Bhd.

Location Map:

* Article by Freemind Works *

Want to make some extra money without investing a lot?

There are 27 businesses that you can start with under RM1,000. For example, be a freelancer at Fiverr, offer tuition classes for subjects/ skills you are good at, and photographer at birthdays, weddings and other event.

But, not all can guarantee you 5-figure income a year.

To discover ‘How to make Extra 5 Figure Income A Year’. Click here.

The most profitable and easiest business to start with nowadays, and can make you 5 figure a year, is non-other than internet business and property investment.

Internet Business

With just a laptop and internet connection, you can start an internet business, anywhere, anytime. All you need next is just a domain name and hosting.

With the right strategy in place, you do not need your own product or your own website. You don’t even need to build a list or spend on acquiring a customer.

Not only that, the Government now wants to offer You RM25,000/month if you are in the Digital Marketing space.

And for a limited time, you can discover the loopholes of Government grants and soft loans to start your digital business and claim up to RM2 million without you spending a huge fortune.

If all this good news does not excite you, I don’t know what will 

Property Investment

Property investment is what I call the “old is gold” investment and business strategy. Property has always been the popular choice when it comes to creating, growing and preserving wealth.

And with the time and tested S.I.P Property Funnel System, anyone can start their property investment journey with just under RM1,000 and easily make 5 figure income a year.

Let me illustrate:

Using the S.I.P Property Funnel System you buy a property worth RM100,000 with just RM1,000 and make RM10,000 from just this one property. Let’s calculate the returns.

(%)ROI = RM10,000/RM1,000 x 100% = 1,000%

That is a 1,000% return!

The best part about using this method is that you still own the property and continue to collect monthly rental that gives you positive cash flow and passive income every single month.

And you rinse and repeat the same formula.

Here’s what’s amazing about this formula. It can be applied not just on property worth RM100,000 but also on property worth RM1,000,000. Do the math and the income you make here can allow you to have more options in life.

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A proposed affordable housing by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. This project was initially proposed by BM Bina Sdn. Bhd. in 2016. It will be the second affordable housing proposed within vicinity of Jalan Betek,   less than 500 meters away from the first affordable project – Villa Acres Residence.

Strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. It is easily accessible via the ever bustling Jalan Song Ban Kheng. Amenities such as schools, market, banks, shopping malls and eateries are only a few minutes drive away.

This development will see the construction of a 23-storey high-rise building with 186 affordable units and swimming pool. Affordable housing project in the mainland is expected to be priced below RM250,000.

This is still pending for approval. Details to be available upon project launch.

READ MORE ABOUT AFFORDABLE HOUSING:

• Eligibility and the requirement of buying affordable housing
• Full list of affordable housing in Penang

Project Name: (to be confirmed)
Location : Bukit Mertajam
Property Type : Affordable Housing
Total Units: 186
Indicative Price: RM250,000 and below
Developer : PTL Properties Sdn. Bhd.

Location Map:

The Housing and Local Government Ministry will meet the Finance Ministry and Bank Negara Malaysia (BNM) to discuss difficulties faced by first-time house buyers to get loans.

Its minister Zuraida Kamaruddin said the ministry will find the best mechanism to ensure related issues can be resolved, especially involving applications for the purchase of affordable houses.

“I am now coordinating credit rating issue for low-cost houses and after that we will meet the Finance Ministry and BNM, most likely after Hari Raya Aidilfitri.

“The common issue faced by (first-time) housing loan applicants is banks look at the salary first and it may show they are not qualified (to get loans). But many Malaysians, especially the low income group, have side income and their spouses are also income earners.

“The side income is not taken into consideration for loan application. If that is the issue, we will find how we can include it,” she told reporters after meeting Penang State Housing and Town and Country Planning committee chairman Jagdeep Singh Deo today.

Zuraida said she will table a cabinet paper on the coordination of housing projects under the ministry, latest by next month.

“We have 10 housing projects under various agencies and we will coordinate all of them under this ministry,” she said.

She also said projects that used the term 1Malaysia will be rebranded and the ministry will find a suitable name to replace it based on the Cabinet’s approval.

In regards to foreigners staying at low and medium cost houses, Zuraida said the ministry will study it from the legal perspective including the sales and purchase agreement terms and conditions, which likely can be settled as soon as possible.

Source: New Straits Times

Eco Meadows, yet another distinguished development by Eco World, has lived up to the name of being the most exclusive gated & guarded development in Simpang Ampat. It comprises 375 units of double storey terraced houses, designed with elegance English-styled homes and surrounded by lush greenery.

Featuring a compressive masterplan, Eco Meadows is equipped with the Majestic Meadows Townhall which is an 8,000 sq ft clubhouse, a stunning swimming pool, an indoor gymnasium, a dazzling half-basketball court, a lively maze garden, a dynamic eye-catching chess court, an ideal outdoor childrens’ playground and a landscape full of manicured lawns.

The main highlight of Eco Meadows is the stylish floating gazebo which promises a peaceful view of nature with calm lake waters. Inspired by the English royal houses, the strata-titled development has a surrounding focused on natural nobility, assures a distinct luxurious yet comfortable lifestyle.

A multi-tier 24 hours security system, a real exclusive township set in an environment which enfolds the utmost safety.

Eco Meadows is really a brand new masterpiece in Simpang Ampat.

* Exclusive update by Penang Property Talk *

Find out more about Eco Meadows by EcoWorld