Malaysia | MASPEX Penang 2014 | The Pictography

Maspex forum | Maspex foto

21 June 2014: As of now MASPEX 2014 Penang is underway. The #MASPEX2014 roadshow is from 20-22 June 2014 at Penang Times Square, Jalan Dato Keramat Georgetown, Penang. Again this is the same venue as of last year.

This section is been presented to you in pictography form:

Visual presentation of data using icons, pictures, symbols, etc., in place of or in addition to common graph elements (bars, lines, points). Pictographs use relative sizes or repetitions of the same icon, picture, or symbol to show comparison. Also called pictogram, pictorial chart, pictorial graph, or picture graph.

(http://www.businessdictionary.com)

The scene at MASPEX2014 Penang as of 20 June 2014 evening: Participating real estate agencies. For more details refer to MASPEX 2014 Penang | Malaysia Secondary Property Expo 2014

 

Facts and figures. The following are contributions from MIEA and Raine&Horne

Number of Residential Property Transactions by Price Range in Penang, 2013

Number of Residential Property Transactions by Price Range in  Malaysia, 2013

Number and Value of Residential Property Transactions by Category of Market in Malaysia, 2010 - 2013

Population by District, 2010 - 2020

Age Group Population (Island / Mainland), 2010 - 2020

Number and Value of Residential Property Transactions by Category of Market in Penang, 2010 - 2013

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Malaysia | Aspen Group Penang | First Affordable Housing Scheme In Penang Island

First affordable housing scheme on Penang Island is schedule to kick off on the fourth quarter of 2014. Aspen Group Penang with facility of RM95.5 mil Islamic loan from Malaysia Building Society Berhad (MBSB) set to launch RM400 mil Tri Pinnacle Penang project located on a 4 ha site at Jalan Persiaran Halia 3, Mount Erskine in Tanjong Tokong. It will be opened to first time housebuyers registered with Penang State Government. The approval process for genuine applicants is said to be done by the state government. The #MBSB loan facility will be used to finance the purchase cost of the freehold site for the Tri Pinnacle project, its founder and group CEO Datuk Manokharan Murly said.

Tri Pinnacle will housed 390 units of 650 sq ft low medium-cost (#LMC) apartments priced at RM72,500 and 859 units of 800 sq ft affordable condominiums priced at RM299,000 . It'll be equipped with high quality ambience, landscaping and standard condo facilities.

Refer to http://vulcaninternational.blogspot.com/2013/12/20142015-penang-property-my-musings-on.html for more details on LMC and affordable homes.

Why Aspen Group heading this LMC and affordable homes? Why not other established developers or 'A listed' developers?

The answer is Corporate Social Responsibility (CSR). Aspen Group Penang might be new kid on the block but their involvement in Batu Kawan where they going to build IKEA is a mega project. Back in January this year, Aspen Group has joint ventured (JV) with Ikano Pte Ltd, the franchisee for IKEA in Malaysia, Singapore and Thailand to develop an integrated shopping mall in Batu Kawan, with IKEA as anchor tenant. The joint venture as Aspen-Ikano, brought up 245 acres of land from Penang Development Corporation (#PDC) for RM483.95 million (RM45.35 psf).

IKEA store and first phase of the shopping mall is said to take up 30 acres while another 45 acres is set for phase two of the shopping mall and remaining 170 acres for mixed development.   

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.