PROPERTY TRADE-IN PROGRAM IN PENANG



Upgrade Your Property Portfolio Without Having to Sell Your Current Property First!

Are you planning to upgrade your property portfolio but worried about selling your current property first?

Through our partnership with a developer offering a Property Trade-In Program in Penang, homeowners can trade in their existing property and upgrade to a brand new property in selected developments.

This program helps eliminate the uncertainty of selling on the open market while securing your next property. It is an ideal solution for homeowners who want a smoother and more convenient way to upgrade their property portfolio.


How the Property Trade-In Programme Works

1. PRELIMINARY EVALUATION

Your current property will undergo a preliminary evaluation to determine eligibility for the trade-in program.

2. CHOOSE YOUR NEW PROPERTY 

You can select a new property from the developer’s available projects (see below).

3. TRADE-IN AGREEMENT

The developer will offer a trade-in value for your existing property based on the bank’s valuation.

4. SMOOTH COMPLETION

Once the transaction is finalized, the developer’s bank redeems your existing loan and the purchase of your new property is completed.


Important Information

  • Trade-in value is typically 12% – 20% below bank valuation

  • The purchase price of the new property is usually about 25% above the trade-in value

  • If your property has an existing housing loan, monthly installments must continue until completion


Who Should Consider This Programme?

The Property Trade-In Program is suitable for homeowners who:

  • Want to upgrade to a new property

  • Prefer a simpler and faster transition

  • Do not want the hassle of marketing and selling their property themselves

  • Want to avoid the risk of buying first before selling


Properties Available for Trade-In

Below are selected developments where homeowners may trade in their existing property and upgrade to a brand new unit.


#1 NANYANG STREET COMMERCIAL SHOPHOUSES – RAJA UDA, BUTTERWORTH.

Located in the vibrant Raja Uda commercial district, these modern commercial shophouses offer strong visibility and excellent business potential. The project is ideal for investors, entrepreneurs, and business owners looking for strategic commercial property in Butterworth.

VIEW PROJECT DETAILS HERE


#2 TRI BRIGHTON – 3-STOREY TRIPLEX TERRACES, PERMATANG PAUH.

Tri Brighton features modern 3-storey triplex terraced homes designed for spacious family living. The development offers contemporary architecture and comfortable layouts within the growing residential area of Permatang Pauh.

VIEW PROJECT DETAILS HERE


#3 URBAN RIZE – 2-STOREY TERRACES, SG. DUA, BUTTERWORTH.

Urban Rize offers 2-storey superlink terraced homes designed for modern lifestyles. Located in Sungai Dua, the project provides convenient access to amenities, schools, and major roads connecting Butterworth and the mainland.

VIEW PROJECT DETAILS HERE



Find Out Your Property’s Trade-In Value

If you are considering upgrading your property through the trade-in program, CONTACT US for a preliminary assessment of your property.


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