Since 2016, the overall property price in Island have been increasing steadily.
In the island, there is a steep increase in just 1 year compared to its mainland counterpart!
The property price in the island is also relatively much more expensive, and we are looking at, its more than RM 600,000!
Even though the supply of properties did increase over the years, so did the demand.
Demand in island increased almost exponentially, and soon the demand will over take the supply.
This will only lead to 1 thing, the properties in island is going to be very very expensive to invest in near future.
More over, new development is slowing down in the island. Developers are moving to mainland for new developments.
With the crazy property price in the island and high demand there, the market is already reaching its peak.
You will have to work extra hard in this saturated market in the Island to look for quality property to invest, where you may have to compete with others to get the best deal!
Ask yourself honestly, be it as an investor or home-buyer, do you have such affordability & time to research and invest in such saturared properties market in island?
Like it or not, you've got to put on those shoes, get out there and do the ground work!
Nowadays you'll have to do extra work such as surveying the area of interest by checking out the neighbourhood, survey your target tenant, and sometimes even go to multiple banks to apply for loans!
Sad to say, there's always this boundary between the Penang islanders and mainlanders. You should start taking down this barrier and explore the opportunities that mainland got to offer.
There's alot of planned upcoming development from many developers and not only that, even the subsales market are TWICE CHEAPER than in island! You've got to get in to mainland before the market become as saturated as in island!
Just like how retailers offer discounts to keep sales up during a slow period, developers also have a few tricks up their sleeves to sell their properties amidst the current unfavourable economic climate.
Besides attractive promotions and perks to draw buyers, some companies are open to bulk sale and underwriting deals, in which purchasers can enjoy reduced prices.
*This is a no nonsense property seminar and it's packed with alot of information that not many gurus would like you to know. We will show you REAL facts & figures on what's happening in the market and sharing solid strategies plus fundamental ways of investing in properties.
Michael Tan made his first million by 28, lost it all by 30 and nearly went bankrupt. Today he not only is a property tycoon, he is also the founder of Freemen & owners to multiple businesses across Asia like Malaysia, Thailand & Hong Kong.
Ever since his down-time, Michael has discovered his purpose to help people to achieve financial freedom and pursue their passions through properties.He is well-known of his most revolutionary “No-Money-Down” strategy, has helped thousands of people to get their properties with no money down.
His average track record is 87% success rate! That means 8.7 people out of every 10 successfully buy properties with No Money Down!
Jenson started his investment journey at the age of 32 buying properties from developer market and make hundred of thousand from it. Then he quit his job as a tuition teacher and ventured full time investors.
As passionate that he have for properties, Jenson Liew founded Dreams Nation Pte Ltd in not just getting good deals for investors but to educate people in the market to invest properties in fundamental ways especially in developers market.
His company is just 2 years and have helped investors to buy properties with more than RM 100 million and still counting with good cash flow and capital appreciation.
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