Penang Real Estate | Penang Property | Penang Properties: University Heights Wanted

Penang Real Estate | Penang Property | Penang Properties: University Heights Wanted: Calling for owners of University Heights Condominium, Sungai Dua, Penang!!!

We have ready buyers looking for University Heights Condominium, Sungai Dua, Penang. All are welcome as long as the price is right. Should you wish to let your unit here, you are also welcome to contact us.

For serious sellers of University Heights Condominium, Sungai Dua, Penang, kindly contact us to further discuss on the sale of University Heights Condominium, Sungai Dua, Penang. On the other hand, if you know someone who is interested to sell his or her University Heights Condominium, Sungai Dua, Penang, you are also welcome to contact us. There is no obligation. Thank you in advance.

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Penang Real Estate | Penang Property | Penang Properties: Desa Airmas Wanted

Penang Real Estate | Penang Property | Penang Properties: Desa Airmas Wanted: Calling for owners of Desa Airmas Condominium, Sungai Dua, Penang!!!

We have ready buyers looking for Desa Airmas Condominium, Sungai Dua, Penang. All are welcome as long as the price is right. Should you wish to let your unit here, you are also welcome to contact us.

For serious sellers of Desa Airmas Condominium, Sungai Dua, Penang, kindly contact us to further discuss on the sale of Desa Airmas Condominium, Sungai Dua, Penang. On the other hand, if you know someone who is interested to sell his or her Desa Airmas Condominium, Sungai Dua, Penang, you are also welcome to contact us. There is no obligation. Thank you in advance.

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贷款条件更苛刻 年轻人叹买房难！

（槟城19日讯）今年上半年槟州产业交易量比去年同期跌18%，其中一个原因是许多房屋贷款申请从今年初开始很难被银行批准，换言之，很多人借不到钱买房子，尤其是刚踏入社会的年轻人，买房子对他们而言几乎已是天方夜谭。

根据亨利行最近推出的“槟州产业市场分析报告”，槟州住宅产业交易量比去年同期跌18%。根据《光华日报》记者向发展商、银行职员和财务规划师等方面了解，发现银行今年开始严格审批房屋贷款，是产业交易下跌的主因，这也导致许多年轻人借不到钱买房子。

林先生：银行今年起严批申请

在一家银行房贷部任职的林先生说，各家银行从今年初开始严格审批房屋贷款申请。“以前，我们审批房贷申请时，只需要从申请者的家庭收入扣除公积金和社会保险，便可考虑发放贷款。”

他说，但今年开始，则必须扣除公积金、社会保险，以及申请者目前的其他承担，如汽车和房屋每月供期。他指出，扣除上述项目之后的净收入，其中3分之1才可被用来供新屋。

“低收入者的净收入本来就很低，3分之1更微不足道，如何供房子？比如一个收入1600令吉的家庭，净收入可能只有1000令吉 ，那他只买得起每月供期330令吉的房子。除了廉价屋，他几乎没有别的选择。”

建议联名购房

对于低收入者，他建议申请者与亲戚联名购买房子，或缴付更多的头期钱，这样就比较易获贷款。此外，他说银行现在也追踪申请者的过往金融纪录，如拖欠信用卡债和汽车贷款偿还记录不良的人士，难获银行批放房屋贷款。光华

Penang property market to contract

GEORGE TOWN: Penang’s property market is expected to contract further by double digits this year, similar to the trend in 2012, according to Raine & Horne Malaysia (Penang) director Michael Geh.

He said that both the value and volume of transactions would contract this year due to stringent bank loan conditions.

In 2012, according to the National Property Information Centre (Napic) report, total transactions of residential properties in Penang fell by 23% to 23,266 from 30,674 in 2011, while the total value of transactions was down 7.5% to RM7bil from RM7.7bil in 2011.

A report from the valuation and property services department (Penang) said the volume of residential property transactions for the first quarter this year declined by 15.7% to 4,200 units from 4,981 units a year earlier. The value of transactions during the period increased by 3.5% to RM1.54bil from RM1.49bil previously, the report said.

“Last year was the first time that there were contractions in both value and volume transactions. This hasn’t happened in the past four years,” Geh said.

Henry Butcher Malaysia (Penang) vice-president Shawn Ong also said the tighter credit conditions would continue to slow residential property transactions in the second half of 2013.

“There is still interest to purchase properties. However, due to the high and unreasonable pricing, property investors are waiting for prices to re-adjust before buying,” he said.

According to the Napic report, there was an existing stock of 367,158 units of residential properties in Penang in the second quarter of 2013, compared with 366,265 units the previous quarter.

Of the 367,158 units, some 40,843 were condominium and apartment units, the report said.

The report said that till the second quarter of 2013, there was an incoming supply of 48,076 units, while there were 45,153 units under construction.

The planned new supply in the second quarter was 46,610 units, the report added.

Geh said the existing stock of residential properties that had been built had increased, compared with a year ago, which meant that the market was spoiled for choices.

“If the incoming supply of properties that have been approved materialised at the same time, there be may be a correction in housing prices.

“Affordability is the key word here. There are many people who are keen to buy properties, but the pricing today falls out of their income range.

“Compounding the problem further is the high rejection rate of housing loans nowadays, which has increased from last year,” Geh added.

In the north-east district, current condominium prices from developers directly hover around RM800 to RM1,200 per sq ft.

“For the secondary market in the district, the prices are around RM500 to RM800 per sq ft.

“As for the south-west district, condominium prices from developers directly range from RM550 to RM900 per sq ft while for the secondary market, they are between RM500 and RM800 per sq ft,” Geh said.

According to Geh, condominium prices directly from developers have increased by about 20%, compared with a year ago in both districts, whereas in the secondary market priceshave increased by over 5%, versus 2012. - The Star

Penang Real Estate | Penang Property | Penang Properties: Noble Villa Wanted

Penang Real Estate | Penang Property | Penang Properties: Noble Villa Wanted: Calling for owners of Noble Villa Apartment, Georgetown, Penang!!!

We have ready buyers looking for Noble Villa Apartment, Georgetown, Penang. All are welcome as long as the price is right. Should you wish to let your unit here, you are also welcome to contact us.

For serious sellers of Noble Villa Apartment, Georgetown, Penang, kindly contact us to further discuss on the sale of Noble Villa Apartment, Georgetown, Penang. On the other hand, if you know someone who is interested to sell his or her Noble Villa Apartment, Georgetown, Penang, you are also welcome to contact us. There is no obligation. Thank you in advance.

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Penang Real Estate | Penang Property | Penang Properties: Logan Ville Wanted

Penang Real Estate | Penang Property | Penang Properties: Logan Ville Wanted: Calling for owners of Logan Ville Apartment, Georgetown, Penang!!!

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Penang Real Estate | Penang Property | Penang Properties: Desa Pelangi Wanted

Penang Real Estate | Penang Property | Penang Properties: Desa Pelangi Wanted: Calling for owners of Desa Pelangi Condominium, Georgetown, Penang!!!

We have ready buyers looking for Desa Pelangi Condominium, Georgetown, Penang. All are welcome as long as the price is right. Should you wish to let your unit here, you are also welcome to contact us.

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Penang Real Estate | Penang Property | Penang Properties: Sri Pinang Wanted

Penang Real Estate | Penang Property | Penang Properties: Sri Pinang Wanted: Calling for owners of Sri Pinang Condominium, Georgetown, Penang!!!

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Penang Real Estate | Penang Property | Penang Properties: Desa Palma Wanted

Penang Real Estate | Penang Property | Penang Properties: Desa Palma Wanted: Calling for owners of Desa Palma Apartment, Pulau Tikus, Penang!!!

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Penang Real Estate | Penang Property | Penang Properties: Desa Pulau Tikus Wanted

Penang Real Estate | Penang Property | Penang Properties: Desa Pulau Tikus Wanted: Calling for owners of Desa Pulau Tikus, Pulau Tikus, Penang!!!

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