Quote:
Originally Posted by Serendipity2
Susy,
Thanks for the info on Penang. I've heard many good things about the city. 
What size place did you rent, ie how many rooms, sq. meters or sq. ft, cost per month, furnished etc.? What does a decent home cost to buy in Penang in a reasonably decent area? Is that a condo in a high rise? I would think rents and purchase prices would be a bit soft - they are everywhere else due to the collapse in the world's economies. Thanks in advance and congrats on your new digs!
Serendipity2 |
Hello,
We bought a super condo Mayfair, they are 5200 square feet, I believe there could be a couple of rentals but they are not cheap. I heard 15 thousand a month, our is for sale at 2.9 Million.
I would look into The Regency in Gurney, smaller and great facilities, we looked at buying there, reason being close to shops, supermarket, hospitals, dr, banks and the best eating places, you can walk everywhere. Great security at The Recency both gated and on the entrance door, beautiful swimming pool, I think the best I have seen in Penang of all the Condo we looked at, If we had not bought the house which on reflection is waaaaaaaay too big for two, 6,2000 sq ft plus land, and as I said only live there part time. Look at The Regency (Gurney not I Regency) on the internet I found it will give you both rental there and Condos for sale, The one we looked at needed some reno, I have a great ID now half the cost of the first one we used, condo could have got for about 1.5 million and it was only going to cost 200K to renovate, that was knocking down wall and bringing the balconey in to enlarg the patio. condos are on the internet some units you can get are furnished 99% are high rise, but again there are high rise and super condos. most of the pools, gym are not used much during the day as Asians stay out of the sun, The regency is great as it has tree to shade it as well, good luck you will find plenty to choose from, pleas contact if I can help in anyway. Susy