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Bought a New Condominium

A few days ago, I bought myself a new condominium in Penang’s Times Square in Birch Regency. It was on Level 7 costing about RM295,000. After 5% discount, the total price was RM281,000 inclusive of lawyer’s fees and other legal fees. However, built in cupboards were not included yet and they will send me a letter whether to have my own customized built in cupboards or use the one by Ivory Properties. Beside Birch Regency, is Birch The Plaza with a few floors of commercial lots for shopping complexes just like Birch Regency. There will be a 5-star hotel within walking distance in the Penang Times Square. Also there will be a large exhibition centre and a luxury condominium in Phase 3 of the construction. Birch Regency is Phase 2 which will be completed by end of 2010 while Birch The Plaza is Phase 1 and will be completed by end of 2008. The monorail or LRT (light rail transit) will be stationed in Penang Times Square with the bus route coming here. I have paid RM5,000 deposit by my Citibank credit card and the remaining 30% will be paid by check later. I am quite excited about my new condominium. The built up area is 950 square feet which is of a comfortable size, not too big and neither too small.

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