I am a regular employee who works for an international company in Penang Bayan Lepas Free Trade Zone Industrial Area.
I have been working here close to seven years.
What I notice something seriously is the Penang landed housing property is going up tremendously.
I think that it is fair for the housing developers to buy the Penang lands and build whatever they like.
Realizing the Penang land price expensive, of course it is normal scenario to maximize the gain to build either luxury condominiums, three stories link houses or bungalows.
A quick check on the price is going to above RM600,000 and some could reach millions of dollars. As a result, only the upper income community or foreigners (who wants to utilize MMH2) can purchase these types of properties.
Of course one could say that why not we go and purchase the moderate costs of condominiums. Yes, we could do that but when times pass by, and if the person wants to change the quality of life, the what-so-called luxury property will reach RM1,000,000 and above.
Nowadays, it has been a trend for Penang housing developers to build luxury houses only, why they never build medium costs houses?
I just would like to ask for the management to look into this case, and discuss that is there any plans to provide Penangites moderate prices of property so that it can benefit the whole community and not only the minority. I know that the housing developers will not be happy but think of this for benefiting the society.
Below are few of my humble opinions:-
1) Lowering down the sales price
2) Build double or single stories houses instead of three stories houses
3) Come out a new township like Sunway Tunas