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Topics - bluemoon

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Property Exhibitions / Do I see less interest in proeprty exhibitions
« on: December 16, 2016, 08:52:27 PM »
Anyone noticed that the property exhibitions are getting less crowded and less people inquiring ? I heard from my real estate agent friend that rental in Penang is still OK (but mainly to foreigners) but sales are down like 30-50%.

New Projects / Bulk Discount From Developers
« on: December 13, 2016, 10:46:49 PM »
FYI - for investors outside, developers, especially desperate ones will give good discounts and some of them even give special financing terms for bulk purchases. I have a friend who bought 15% of the entire development and he got like 20% discount. Yeah the property could not sell well but my friend thinks he can do a better job than the developer. Squeezed them hard !

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