Friday, April 29, 2011

QBM Property Fair (29/04 - 01/05/11)

PJD decided to take part in this event at one of the most popular malls on Penang Island - Queensbay Mall.

As usual, the presence of Harbour Place at any property event is bound to attract attention and inquiries.

However, the crowd was unusually high this time round.

The reason behind this was the debut public appearance of Harbour Place's latest addition - Wellesley Residences. This ultra chic residential project is certainly something you should keep an eye out for in the near future. Chic Urban Living redefined and it is coming in July 2011.

Thursday, April 28, 2011

Wednesday, April 20, 2011

Tips on choosing a neighbourhood

Finding the right home for you and your family is important and choosing the right neighbourhood should be as well. Fear of the unknown is the single most significant obstacle in choosing a neighbourhood for your home, and it shouldn't be. There are several guidelines in which to follow and many things to consider when choosing the right neighbourhood.

Visit the community. Not only should the community in which the prospective home be visited during the day, but at night as well. Is it well-lit? Are neighbours active in the community at night, grilling and barbecuing or are they quiet and reserved? Are there children playing in the street? A neighbourhood can be completely different at night; it could be sketchy and less appealing or exactly how it was during the daylight hours.

Research the resale values in the community and the potential resale value of the prospective home. Finding a neighbourhood that will be more desirable and in high demand over the next few years requires looking into a crystal ball so to speak, but is essential before investing in a home. Questions in which to ask yourself are - Are there activities and amenities within the community? Are there many pending home sales or listings in the community? Do most children in the neighbourhood attend private schools or public schools? Are there plans to expand and improve local schools? Is there a growing business district or plans to revitalize the area? Are projects to enhance the neighbourhood in the works? All these questions will help to assess the potential resale value of the home, maximizing your investment.

Older versus newer. Newer neighborhoods offer more of a sense of community that older ones and older or more historical communities exude charm, but may not be as practical or economical for your family.

Location is everything. Do you want to live in a community that is within walking distance to beaches, parks, culture and shopping? How far are you willing to commute to work?

Remember your first impression. What did you and your family first notice about the community? Were the houses and landscaping well-maintained, did the homes and streets have curb appeal?

Your vision. Write your vision of the best neighbourhood in which you can see living in. Then when visiting communities, keep your vision of the perfect neighbourhood and keeping in mind that they should match your criteria and tastes.

By following these suggestions, you can make the best choice to move into the perfect community one that will meet your family's lifestyle and needs while making a sound investment for your future.

Based on the article by Timothy J Ryan

Wednesday, April 6, 2011

Penang to turn into a megapolis

PETALING JAYA: The Federal and state governments will jointly develop a Greater Penang Transformation Programme to unlock development opportunities within the region.

A Performance Management and Delivery Unit (Pemandu) statement said a four to six weeks lab would be held with Khazanah Nasional and the state government with participants from the public and private sectors.

It said Penang, the third largest urban Gross Domestic Product (GDP) contributor after Kuala Lumpur and Johor Baru, had been identified as one of the three major metropolitan areas in the country.

Prime Minister Datuk Seri Najib Tun Razak said while both Kuala Lumpur and Johor Baru were supported by integrated projects like the Greater Kuala Lumpur/Klang Valley National Key Economic Area and Iskandar Malaysia, Penang was in need of a master development programme.

“The Greater Penang lab is tasked to create a detailed implementation programme to unlock the development opportunities within the region as well as to identify and resolve potential hurdles,” the Prime Minister said here yesterday.

Najib said under the 10th Malaysia Plan, Penang had been earmarked to benefit from RM17.9bil in total investments for the upgrading of physical infrastructure to enhance access and connectivity.

“This needs to be synergised with Entry Point Projects of the Economic Transformation Programme to prime Penang as the leading urban centre in the Bay of Bengal and the Indonesia-Malaysia-Thailand Golden Triangle,” he said.

Projects under the Plan included the expansion and upgrade of the Penang Bridge, Penang International Airport and Penang Port, and the construction of the second Penang Bridge, electrified double track and Juru-Sungai Dua bypass.

Chief Minister Lim Guan Eng said as an act of commitment, the state government had shelved its five-year industrial development master plan to make way for the programme.

“The state government fully endorses the initiative for the programme. We pledge to fully cooperate to ensure a successful outcome,” he said.

The Star Online