penang property investment

Modern luxury high-rise condo in georgetown overlooking the penang coastline and city skyline.

Condo in Georgetown: 7 Costly Traps Every First-Time Buyer Must Avoid

Summary Purchasing a residential high-rise in Penang's heritage capital requires balancing lifestyle appeal with disciplined financial due diligence. Selecting the right condo in georgetown demands a deep review of strata titles, Joint Management Body (JMB) track records, and reserve sinking funds. Hidden holding costs, from progressive maintenance fee hikes to parcel rent, can easily turn a...