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Property has proven to appreciate over the longer term. Even during the 1997 financial crisis, the property market took about 2 years to stabilize. After all, correction in the property market is not exactly a bad thing. Looking back the previous crisis, after property prices dropped, it later went on to reach a new heights after recovery. So, it is better to buy properties than keeping cash in banks, as real estate is never short-term.

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Total Auction Properties: 206
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1 PEN Properties MNP/MYBAY/NOV08/36

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Batu Maung
Batu Maung, Penang

Builtup/Floor Area:
Approx. 501.00 sq ft		 RM60,000.00
2 PEN Properties MNP/MYBAY/NOV08/39

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Alor Vista
Relau, Penang

Builtup/Floor Area:
Approx. 516.00 sq ft		 RM67,000.00
3 PEN Properties MNP/MYBAY/NOV08/46

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 BJ Court
Bukit Jambul, Penang

Builtup/Floor Area:
Approx. 549.00 sq ft		 RM74,000.00
4 PEN Properties MNP/MYBAY/NOV08/43
Withdrawn Auction

Auction Date: Nov 15, 2008 (Sat)
Time: 10.00AM		 Gedung Heights
Bayan Baru, Penang

Builtup/Floor Area:
Approx. 811.00 sq ft		 RM113,000.00
5 PEN Properties MNP/MYBAY/NOV08/35
Withdrawn Auction

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Pusat Bayan
Bayan Lepas, Penang

Builtup/Floor Area:
Approx. 470.00 sq ft		 RM65,000.00
6 PEN Properties MNP/MYBAY/NOV08/30(2)

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Jalan Seruling Emas
Sungai Jawi, Seberang Prai

Builtup/Floor Area:
Approx. 543.00 sq ft		 RM18,000.00
7 PEN Properties MNP/MYBAY/NOV08/37

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Lengkok Batu Maung 1
Batu Maung, Penang

Builtup/Floor Area:
Approx. 507.00 sq ft		 RM65,000.00
8 PEN Properties MNP/MYBAY/NOV08/40

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Desa Mawar
Farlim, Penang

Builtup/Floor Area:
Approx. 538.00 sq ft		 RM65,000.00
9 PEN Properties MNP/MYBAY/NOV08/29(2)
Withdrawn Auction

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Jawi Jaya
Sungai Jawi, Seberang Prai

Builtup/Floor Area:
Approx. 500.00 sq ft		 RM16,200.00
10 PEN Properties MNP/MYBAY/NOV08/28(2)
Withdrawn Auction

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Belibis
Bukit Mertajam, Seberang Prai

Builtup/Floor Area:
Approx. 572.00 sq ft		 RM12,600.00
11 PEN Properties MNP/MYBAY/NOV08/27(2)

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Bidara
Bukit Mertajam, Seberang Prai

Builtup/Floor Area:
Approx. 1,100.00 sq ft		 RM49,500.00
12 PEN Properties MNP/MYBAY/NOV08/26(2)

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Permata
Bukit Mertajam, Seberang Prai

Builtup/Floor Area:
Approx. 570.00 sq ft		 RM20,700.00
13 PEN Properties MNP/MYBAY/NOV08/25(2)
Withdrawn Auction

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Sejahtera Jaya
Bukit Mertajam, Seberang Prai

Builtup/Floor Area:
Approx. 613.00 sq ft		 RM15,300.00
14 PEN Properties MNP/MYBAY/NOV08/24(2)

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Sejahtera Jaya
Bukit Mertajam, Seberang Prai

Builtup/Floor Area:
Approx. 615.00 sq ft		 RM18,000.00
15 PEN Properties MNP/MYBAY/NOV08/23(2)
Withdrawn Auction

Auction Date: Nov 15, 2008 (Sat)
Time: 10.30 AM		 Taman Sejahtera Jaya
Prai, Seberang Prai

Builtup/Floor Area:
Approx. 613.00 sq ft		 RM18,000.00

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