Believe it or not! It’s down to 'buy one free one' for link houses in Penang!


Malaysians! Wise up! Use this power to bring property developers down to their knees!


Believe it or not! It’s down to 'buy one free one' for link houses in Penang!

It’s perhaps the first ever “buy one free one” for link houses in Malaysia and it’s happening in Penang! And it is for completed units!

You better believe it is happening and it is in Penang, coming from a reputable property developer that has projects nationwide.

“The ‘buy one free one offer’ is being promote by word of mouth in Penang. The developer is not publicly advertising, for obvious (egoistic or embarrassing) reasons,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said the domestic and global economic slowdown had naturally created the opportunity for consumers to unite and force down property prices.

“Supply has outstripped demand. That’s the power of supply and demand, creating a glut in the property market, forcing developers to reduce prices to sell their houses,” he added.

Read these previous blog posts for context:

https://bukitlanjan.blogspot.my/2017/11/bukit-lanjan-130690-houses-unsold-in.html (BUKIT LANJAN: 130,690 houses unsold in Malaysia! Keep it up Malaysians! Bring property developers down to their knees!)
https://bukitlanjan.blogspot.my/2017/11/bukit-lanjan-greedy-profiteers-property.html (BUKIT LANJAN: Greedy profiteers, property developers, gurus and banks responsible for ridiculous prices)
https://bukitlanjan.blogspot.my/2017/11/bukit-lanjan-malaysians-keep-up.html (BUKIT LANJAN: Malaysians! Keep up the pressure! Don’t rush to buy! Bring property developers down to their knees!)
https://bukitlanjan.blogspot.my/2017/11/bukit-lanjan-malaysians-hit-back-hard.html (BUKIT LANJAN: Malaysians hit back hard on property developers)


THE HOUSING MARKET IN PENANG TODAYBy Lim Chee HanJanuary, 2015With an abundance of newly built high-rise condominiums, is Penang facing a property glut?
Malaysia’s population crossed the 30 million mark in February 2014. According to the Population and Housing Census 2010, about three in 10 people fall in the 20-40 years old age group – the one most likely to be firsttime home buyers. By 2020, that group is projected to grow to 11.3 million. In Penang, the current estimate for this age group is at 0.6 million, or 36% of the state population. The average property price in Penang currently stands at RM336,521. Even with the 50% stamp duty cut, middle income earners with two dependents can only afford houses priced at RM300,000 and below1,and looking at the current national average price for all types of properties, RM300,000 is well below the average (Figure 1) … for more, go to http://penangmonthly.com/article.aspx?pageid=2794&name=the_housing_market_in_penang_today

Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), urged Malaysians nationwide, especially those in the Klang Valley, to continue and step up the pressure by refraining from buying properties.

“If a major property developer can be forced to start selling landed property in Penang at ‘buy one, free one’, the continuous pressure will also force others to do the same.

“Prolong the pressure as long as possible. Refrain from buying. Rent first. Property prices will then crash down to affordable levels,” he added.

Syed Razak said: “This is the best opportune time for Malaysians to teach property developers in Malaysia a lesson they will never ever forget.


“It’s time for Malaysian house buyers to hit back hard on property developers who have been profiteering for decades, rising prices to obscene levels.

“Keep up the pressure on property developers for as long as possible and we Malaysians will surely benefit."


N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Comments

Post a Comment

Popular posts from this blog

21st Century digital world’s growing number of ‘couch potatoes’ in Malaysia

Image
Definition of obesity Obesity means having too much body fat. It is different from being overweight, which means weighing too much. The weight may come from muscle, bone, fat, and/or body water. Both terms mean that a person's weight is greater than what's considered healthy for his or her height. How to know whether you are obese? Examination 1: Physical & weight If you've always been a normal weight without having to try too hard, you may consider yourself lucky. But the mirror and the scale only tell part of the story: You can look great in a bikini or have a body-mass index (BMI) in the normal range, but if you don't take care of yourself, you could be just as unhealthy as an obese person. This phenomenon sometimes is known as skinny-fat, or "normal-weight obesity". Despite weight alone can not certainly tell whether you are obese or not, it is the very first vivid sign of obesity symptoms … for more, go to  http://ladyshopnow.com/insight-on-obesity.
Read more

Malaysian children are going hungry? They are worse off than Ghanaians?

Image
File photo of a hungry child IS MALAYSIA WORSE OFF THAN GHANA? UNICEF; 25% of Ghanaian children go to bed hungry Posted By:  admin on: May 17, 2016In:  News The right to sufficient food is appreciated when every man, children and women inside our societies have approach to sufficient food and clean water. According to the reports, Ghana has an obvious respect of the right to sufficient food in its components, however, its carrying out is usually troubled by some challenges. According to  UNICEF  Ghana , in 2015 an expected one out of every 4 children in some areas of Ghana goes to bed hungry. The report mentioned that, there are over 5 million Ghanaians who can’t have enough money to purchase a plate of food in a day and over 30% of food goes waste sideways of food supply chains in the state …  http://www.ghanalive.tv/2016/05/17/unicef-25-of-ghanaian-children-go-to-bed-hungry/ Malaysian children are going hungry? They are worse off than Ghanaians? Hong Kong’s  South China Mornin
Read more

吴正飞御用大律师 – 另一个大马出生的成功故事 (QC Ng - another Malaysian-born success story to emulate)

Image
专业实习 吴正飞御用大律师（QC）在法律界 被称为“一个强大的律师”; “后起之秀”; “毫无疑问的小明星”和“等待中的御用大律师”以及“一流的宣传技巧”，他们“提出了非常聪明的要点”，和他的能力来“提出切实的法律解决方案”，不仅能赢得战斗，还能赢得一场战争。并且有能力“提供切实可行的法律解决方案，不仅能赢得战争，还能战胜战争“。2018年2月吴正飞受委为最年轻的御用大律师之一，专攻商业纠纷和仲裁案在不同的国家，尤其是伦敦，新加坡和香港。 被推荐排名英国法律500强（六个实习领域），英国钱伯斯（三个实习领域），法律500强亚太地区（三个领域），亚洲钱伯斯（三个领域的实习） ）和钱伯斯全球（三个实习领域）。其中八项建议是Band 1排名。被法律周刊命名为2012年度十大明星之一。请参阅 https://essexcourt.com/barrister/jern-fei-ng/ 吴正飞御用大律师 – 另一个大马出生的成功故事 ( QC Ng - another Malaysian-born success story to emulate) 一位在大马出生的38岁华裔，在执业15年后，受委英国女王御用大律师。  吴正飞在剑桥大学考获法律荣誉学位，他的中小学教育是以马来文为媒介语的学校度过的。 在17岁时才到英国一个说英语的环境开始了他的高等教育时是非常艰难的生活。  “他的努力和成功的决心成为了大马人的榜样，”民政党副议长赛阿都拉萨说。 他说：吴正飞又是另一位有才华的大马专业人士不是在国内获得专业卓越。 他说：联邦政府应该深入研究为何这么多“聪明”的大马专业人士是在海外成功的。 “另一位才华横溢的大马专业人士不是在国内取得专业卓越，这是一个巨大的损失，”他补充说。 双胞问题 - 由于国内经济衰退以及从英国到台湾的国家有更吸引力的工作机会，加剧了大马的人才流失。--- 2016年3月18日 即使是超级富豪也计划离开大马。一项研究显示，26％拥有3000万美元可投资资产的大马人计划在未来10年内迁移。这远高于该地区16％的平均水平。根据2016年财富报告，全球房地产咨询公司莱坊（Knight Frank）称，“超级富豪受到全球石油价格下跌和令吉贬值带来的严峻经济形势的困扰” 。。。。请参阅 https://www.aseantoday.com/201
Read more