Goldilocks

Goldilocks | Joined since 2014-12-14

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2014-12-14 20:08 | Report Abuse

Thanks for sharing. Am not familiar with the Penang mainland property market. I guess that is where you or someone here can share. From what I know Penang is well known for its E&E manufacturing & export. This sector is currently on an up-cycle globally and which may be further boosted by the depressed oil price. So instead of investing directly on the overpriced E&E counters, it maybe better to go with a proxy (especially a beaten down one) to the sector such as Tambun. This is premised on the condition that there will be spillover of the E&E boom onto Tambun areas. Another point is that you should not sell based on the %age gain or loss. You should sell if the earning prospects are dimming based on hard facts.