Friday, April 18, 2008

Skyrocket house price

Everyone who lives in Penang knows that it is extremely expensive to own a landed house, depending on the venue, a typical double storey terrace house (20'x 70') would cost around RM450 - 500K, let's say you spent 10% of the house value on renovation and furnishing the house, so that would add up to around RM500 - 550K. A couple friend recently bought a landed property in an old neighborhood (the house is easily 10 years old) for RM650K and spent another RM100K on the renovation and furnishing.

I read in the paper that the Housing and Development Ministry is going to implement measures to prevent house prices from skyrocketed, I hope they do something in Penang. Mean while, owning and staying in a landed property for our family is simply out of the question.

I have no complaints, I'm contented with the place that we have, I just have to be more hardworking in sorting the junks and have them given away or disposed once a while and practise a lot of self control in order not to stuff my house with clutters or unwanted things. (Hubby always warned me not to throw his things and MIL always recycle what I packed to give away!!)

I have a small garden to work with, nice neighbors, safe neighborhood, clean corridors, working lifts and a lot of greens surrounding our condominium... so I'm happy though I do envy those who have the privilege to stay in landed property....ka ka ka... hubby no need to worry hor... i'm not blaming you for not earning enough.....It's better to have a noisy, small home with happy kids, laughter and lots of love rather than a quiet and spacious house with little happenings....

3 comments:

mybabybay said...

There are still affordable houses in Penang but they are quite far away.

Wai Wai said...

Yeah, like in Gertak Sanggul and Balik Pulau right? Too far loh...

MamaJo said...

For me, landed property, good if you have maid. If not, **alamak** definitely you will have backache like me :( A bit regret but hubby happy wor....

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