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Gated Communities and Condos - MM2H perspective Total: 5 Posts | 4 Replies | 701 Views

December 16, 2016 08:55 PM
#0
  • OfflineLimToi

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  • Join Date:Dec 2016
  • Posts: 16
Maybe there is only a few gated communities in Penang but it looks like most of the foreigners prefer condos. We have only a few gated communities around Tanjung Tokong and Tanjung Bungah area but a ton of condos. We have like 90% of our clients renting condos. Perhaps it is easier to manage. They can lock up and travel.
December 20, 2016 09:13 PM
#1
  • OfflineCTG

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  • Join Date:Dec 2016
  • Posts: 10
land is so expensive in Penang. Which developer want to buy land and build houses? Less profit. Condo more profit ! Of course they will go for condos.
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