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Friday, March 13, 2015

Bungalow Land For Sale In Penang | Scarcity Of Land In Penang Hotspot Areas

Prime land is a scarcity commodity in the northeast[Daerah Timur Laut] of the rapid development Penang Island, Malaysia. Besides private property developers like Mah Sing Group, BSG Property, IJM Land Berhad, Nusmetro Group, SP Setia, Tropicana Ivory Shd. Bhd., and LIFESTYLE property developer Eastern and Oriental Bhd (E&O), the Penang State Government is working with Aspen Group Penang | First Affordable Housing Scheme In Penang Island is building Affordable Housing and Low Medium Cost(#LMC) in Penang Island as well as in mainland with price ranging from RM72,500.00 to RM400,000.00 .

At prime location of Pulau Tikus' neighbourhood, lies a piece of bungalow land for sale. It is been priced comparable in line with comparative market analysis(CMA) with lot size of about 58,000 sq ft(1.33 acres) for sale. 

The site is nested in established opulent neighbourhoods of Penang Turf Club, Penang Sports Club, The Heritage Club, Pulau Tikus, Western Gardens, Jesselton Avenue, 11 Brook Residences by SP Setia and Jesselton Villas located next to Penang Turf Club by Berjaya Land Development Sdn. Bhd. enclave.

The site is affinity with nature, nearby Penang Youth Park(Taman Belia) and Penang Botanic Gardens. Nearby to it situated St. Christopher's International Primary School, St. George's Girl High School and Disted Stamford College.

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Boldly go. LLAP

Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.

You're welcome to write your constructive comment below.

Wednesday, March 4, 2015

Malaysia | investPenang | Penang State's Capital Investments From 2010-2014

It was reported recently that Penang State recorded RM8.16 billion in investments last year which is more than double as compared to 2013. The investments contribution mainly from its electrical and electronics(E&E) sector as well as biomedical sector.

Of the total RM8.16 billion in capital investments, RM5.11 billion are said from foreign direct investments (FDIs) last year which domestic investments contributed RM3.05 billion. For comparison, the state’s FDI only totalled RM1.79 billion as recorded in 2013.

Refering to figures released by Malaysian Industrial Development Authority (#Mida), Penang’s ranking position in bringing in investments went up to third place last year as compared to fourth placing in 2013 among all other states in Malaysia.

In 2014, Penang is ranked right behind Johor and Sarawak, which recorded RM21 billion and RM9.6 billion in total investments respectively.

investPenang%2C%20PDC%2C%20NCIA%2C%20MIDA%2C%20penangcatcentre%2C%20penangmonthly%3A%20total%20capital%20investment%20for%20Penang%20for%20year%202010/2011/2012/2013/2014.

The infographic shows the flow of total capital investment for Penang for year 2010, 2011, 2012, 2013, 2014 (quinquennial snapshot) is RM36.78 billion.

The negative percentage indicates that relatively to a year before, the total capital investment value is lower as compare to its previous year. Vice-versa, positive percentage indicates that year is better in total capital investment performance versus the immediate previous year.

The crux of the matter is that every year there's investment(in billion) done by Penang State.

PS: For year 2012, the figure RM2.47 billion is without the inclusion of RM2.90 billion from Northern Corridor Investment Authority(NCIA). If included it was then be RM5.37 billion.

It's good to see that Penang has its mid term and long term investments been pursued as whatever investment by Penang State will normally take 3-5 years before been implemented or might not come to fruition. Example, the result of Penang's Total Capital Investments for 2015 might come to reality in 2018.

As for long term, Penang's Information Technology Business Process Outsourcing(IT-BPO) is under framework of 10 years to materialize: http://vulcanresearch.blogspot.com/2014/10/malaysia-investment-investpenang-psdc_18.html

Sources from the following reports:

http://www.malaysia-today.net/penang-no-1-in-malaysia-in-manufacturing-investment-for-the-2nd-consecutive-year-in-2011/

http://penangcatcentre.my/whats-up-details.s7f.aspx

http://www.themalaysianinsider.com/malaysia/article/guan-eng-penang-2011-investment-at-rm10b-beats-target

http://www.thestar.com.my/News/Nation/2013/03/26/Penang-received-RM54bil-last-year-says-state-investment-body/

http://penangmonthly.com/penangs-manufacturing-future/

http://www.themalaymailonline.com/money/article/penang-records-rm8b-in-investments-last-year-more-than-double-2013

Boldly go. LLAP

This report is been compiled by VULCAN INT'L Real Estate Research Institute 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.