@IsaacTan

Not sure… but quite tough… already so many years… and so many new malls coming up at better location..

Siau Kia :@ Keith Lee,
Price to Grow healthily?? Are you sure? Price is already at a very unhealthy level. 12 years ago I bought a terrace house 3x combined annual salary. Today a young couple maybe need 6x or more to buy the same terrace house. This is a big disparity. Tell me if this is healthy.

12 years ago, a standard bowl of hokeen mee cost me at RM 1.8 while yesterday I went to eat and it cost me RM 3.5/bowl w/o additional Gei Liao.

U r absolutely right. 12 yrs ago u could be an engineer, now u could be a manager or businessman. It means our affordability also changed from state to other state. Price variation can not be avoided. @GG

Owners have been asking for RM900k++ for Light Linear for the past 2 years, but the asking price is starting to come down to RM800k++ recently. We shall see if there is any interested buyers at this price range, otherwise the downward price trend will have to continue.

@durian

The market has slowed down drastically. Those who are waiting for their new properties to be completed by developers in the coming few years are going to have a tough time flipping. Many speculators will be left holding vacant properties that they can neither sell nor rent out. This is a golden opportunity for authority to introduce further measures to discourage property hoarding, if they are serious about eliminating property speculation.

Price is coming down quietly….

GG :

Siau Kia :@ Keith Lee,
Price to Grow healthily?? Are you sure? Price is already at a very unhealthy level. 12 years ago I bought a terrace house 3x combined annual salary. Today a young couple maybe need 6x or more to buy the same terrace house. This is a big disparity. Tell me if this is healthy.

12 years ago, a standard bowl of hokeen mee cost me at RM 1.8 while yesterday I went to eat and it cost me RM 3.5/bowl w/o additional Gei Liao.

That’s true even hokien mee price grow healthily. Not to mention the asam laksa near Kek Lok Si.

@durian
I don’t think The light is gwtting good appreciation on local.And the traffic is always jam and just beside highway with isolated at seaside.. Location will be the major issue. But those property locate at Georgetown, Gurney,tanjong bunga,tokong all this area..the price still up.. Demand still hav for this few location..because convenient..in the city area.. Soon i believe we can see it possible over supply in sungai Ara too..

durian :Owners have been asking for RM900k++ for Light Linear for the past 2 years, but the asking price is starting to come down to RM800k++ recently. We shall see if there is any interested buyers at this price range, otherwise the downward price trend will have to continue.

there is thousands cases showing the properties value was heighten up for the past and rarely case happened before saying the price is dropping, but it also subjected to the owner how much to let go by factoring their in personal factors. Maybe the downturn time is approaching… I hope my unpleasant thought is wrong.

Its seems like we are away from the real subject to talk on the ” The Latitude “

@Cheong

That’s what they are talking about, The Latitude ……the price is coming down…

Why worry? None of buyers or investors demonstrate their worries on price dropping as some of them purchased at reasonable or lower entry price from developer. U might be over reacted on this matter. @mterskine gangster

@Wow

You’re right. I believe some lucky chaps got it at just $400psf. Still alot or margin even the price dropped.
Do not think it will drop below $400psf.

Would u think is it possible? Even yes, buyer would hold it. Believe it or not?@IsaacTan

Any input from the ” the latitude ” buyer instead of the speculators?

@Wow
Haha thats why i said will not drop below $400psf.
Maybe my english not that clear??

okok. It’s alright. @IsaacTan

If u purchased it within 2011, the price consider reasonable or affordable range. After then, it’s really depends on individual measurement on pricing increased. As feedback from Ivory ex-staff, most of buyers of Latitude are for own stay. @Cheong

Hi all,
I’m one of the latitude buyer, can somebody tell me the 36 months handing over period should be counted from date of signing spa or date of spa stamping, as mine one different by 1 year +

From the date stated in S&P, not date of stamping.

Jack :If u purchased it within 2011, the price consider reasonable or affordable range. After then, it’s really depends on individual measurement on pricing increased. As feedback from Ivory ex-staff, most of buyers of Latitude are for own stay. @Cheong

Absolutely, all the Latitude buyers are for own stay instead investor, I believed most of here are speculators as we rarely see the buyers deliver the message and inputs. just my two cents.

Now how much per sqft? still available?

Range +/- RM 750sqft for The Latitude

That’s expensive. For RM750psf, you can definitely get something better. I wouldn’t pay that price for a condo sitting right next to one big grafeyard.

Concern buyer :@Sathiam
You’re right. Many new project cannot sell. If got buyer, most of their loan got reject. Penang is going to face property crash soon.

Before it crash, please walk away from this forum, you are not the fortune teller and simply deliver the non realistic message here and act like the economical analyser… l

lightbulb :That’s expensive. For RM750psf, you can definitely get something better. I wouldn’t pay that price for a condo sitting right next to one big grafeyard.

Otherwise what do you think? below RM 500psf?

Playoff :
Before it crash, please walk away from this forum, you are not the fortune teller and simply deliver the non realistic message here and act like the economical analyser… l

Before it crash? It is actually crashing. Sales very bad in subsale market. Buy an agent a drink and they will honestly they will tell you that they are unable to sell property if there’s not huge discount from market valuation (which is done by bank LOL).

The Latitude :
Otherwise what do you think? below RM 500psf?

Well, maybe got buyer if after VP you sell at this price. Else, no one actually will rent your place nearby cemetery. Your place actually will feel like that also because nobody stay bro. So I think Latitude is not a good buy.

I actually know a lot of Ivory staff. They told me the property sales market is very bad nowaday. Many are sticker games. So I would say good luck to those flippers that want to buy Latitude.

I think Latitude can go for RM600psft max. Anything more than that wouldn’t be worth the buy. Might as well buy better locations and pay a bit more. At RM750/sft you can buy Fettes Residence, The Brezza, The Marinox and many other projects that are more strategically located as compared to this cemetery site. Not to mention the Latitude is just opposite the Peak and in the future OHM and VST is going to build a few other condos that will be priced at RM600/psft onwards. Might as well buy the newer projects since it is the same price and better view.

Anything more than RM600psft is not worth it for the Latitude.

I think Latitude can only change hand at 550psft max considering its size. Subsales is really bad now. You considered lucky if someone offer you 500psft at this trying time..

Come on, The Latitude is different from other projects. You got to compare it with projects that are compatible. For example, Apple to Apple. You cant compare other project which are priced at RM750 per square with The Latitude as they had different concept. This Latitude Project is considered Luxury and affordable, if you havent make any homework just go and have a look at their design and concepts.

@Koey Teow Goreng Penang

Affordable luxury? Oh, something like Penang Gov skim mampu milik lah.

Koey Teow Goreng Penang :Come on, The Latitude is different from other projects. You got to compare it with projects that are compatible. For example, Apple to Apple. You cant compare other project which are priced at RM750 per square with The Latitude as they had different concept. This Latitude Project is considered Luxury and affordable, if you havent make any homework just go and have a look at their design and concepts.

I am certainly agreed with you, after all the above “-“message delivered with no actual fact and study been done and just simple throw their own thought, now at least I can see the encouraging comments and “+” inputs, its always important to have the positive thinking and right attitude regardless you are the investor or buy for own stay, please bear in mind, do you think Ivory is merely want to find way to earn $$ while balls up their established reputation by a single project so called build nearby the cerement, The selling point of Latitude is apart of luxury and affordable, it consider the tallest lux condo in Penang after ArteS.

lol :I think Latitude can go for RM600psft max. Anything more than that wouldn’t be worth the buy. Might as well buy better locations and pay a bit more. At RM750/sft you can buy Fettes Residence, The Brezza, The Marinox and many other projects that are more strategically located as compared to this cemetery site. Not to mention the Latitude is just opposite the Peak and in the future OHM and VST is going to build a few other condos that will be priced at RM600/psft onwards. Might as well buy the newer projects since it is the same price and better view.
Anything more than RM600psft is not worth it for the Latitude.

Please share with us your property investment portfolio, could you advise where to buy and should buy in price.

The Latitude :

Koey Teow Goreng Penang :Come on, The Latitude is different from other projects. You got to compare it with projects that are compatible. For example, Apple to Apple. You cant compare other project which are priced at RM750 per square with The Latitude as they had different concept. This Latitude Project is considered Luxury and affordable, if you havent make any homework just go and have a look at their design and concepts.

I am certainly agreed with you, after all the above “-”message delivered with no actual fact and study been done and just simple throw their own thought, now at least I can see the encouraging comments and “+” inputs, its always important to have the positive thinking and right attitude regardless you are the investor or buy for own stay, please bear in mind, do you think Ivory is merely want to find way to earn $$ while balls up their established reputation by a single project so called build nearby the cerement, The selling point of Latitude is apart of luxury and affordable, it consider the tallest lux condo in Penang after ArteS.

Of course someone related to Ivory need to be positive about Ivory properties in the internet. Otherwise, who will buy Ivory properties right?

Ivory established reputation? You mean established bad reputation? Hahahahahhaahah

Currently there’re units selling at $700-853psf depending on the level, block and facing.
Do not think the location was that bad even nearby cemetry. It might be true that the shoplot may not be that interesting nor popular after completion.
Actually it really doesn’t matter if the price go up or down if it was for own stay.
In this forum, there must be a lot of millionaires with very good eyesight that could foresee where & when to goreng property to be rich.
Honestly, my personal experience with Ivory was not too good especially with their in house legal.

Last but not least,why there’re so many people like to see property crash? Any advantage for that?
My opinion, property crash doesn’t only affect property price but also daily life. Please rethink about it…..

IsaacTan :
Currently there’re units selling at $700-853psf depending on the level, block and facing.
Do not think the location was that bad even nearby cemetry. It might be true that the shoplot may not be that interesting nor popular after completion.
Actually it really doesn’t matter if the price go up or down if it was for own stay.
In this forum, there must be a lot of millionaires with very good eyesight that could foresee where & when to goreng property to be rich.
Honestly, my personal experience with Ivory was not too good especially with their in house legal.
Last but not least,why there’re so many people like to see property crash? Any advantage for that?
My opinion, property crash doesn’t only affect property price but also daily life. Please rethink about it…..

Yes, Ivory is a very bad developer. Its well known already.

Its not that we want to see price crash. Its just we are telling you the truth. The property is crashing because there’s just no one buying high price condo. You can’t sell to anyone.

@The Latitude

Latitude the tallest affordable units in Penang… Penang reaching new height… confirmed.

@Concern buyer
Agreed that supply was more than demand at this current stage. I think Gov should slow down the sell of lands for private housing and start looking into establishing the infrastructure especially transportation. This not only helping to control housing price and also boosting the economy.

Will building the undersea tunnel helps this area?Seems no more news on that…

IsaacTan :
@Concern buyer
Agreed that supply was more than demand at this current stage. I think Gov should slow down the sell of lands for private housing and start looking into establishing the infrastructure especially transportation. This not only helping to control housing price and also boosting the economy.
Will building the undersea tunnel helps this area?Seems no more news on that…

As a property owner in Penang Island, I hope they build LRT though. Kekeke…

@Concern buyer
You owning Latitude too?

@IsaacTan
Nope. All my properties (3 in island and 2 in mainland) is bought before 2010. Still holding.

@Concern buyer
You’re 1 of the millionaires that worth paying attention on your comment.
In Penang, is it easy to lease the units out? Just curious since you are holding so many units.

@IsaacTan
Well, my unit is in Prime Area. Always buy property in Prime Area like Georgetown/Gurney so that when you can’t sell, you can still lease out. But after driving around and talking with property agent, it seems like lease market is quite bad too because there’s oversupply. But Prime Area still hold on.

Anyway, I’m not millionaires. I only buy house with loan and then with generated income from rental, I can show the bank my cash flow and they will loan me more money. That’s how I keep on buying more properties.

Well, I think buying time will come again. 😀

@IsaacTan

Well, my unit is in Prime Area. Always buy property in Prime Area like Georgetown/Gurney so that when you can’t sell, you can still lease out. But after driving around and talking with property agent, it seems like lease market is quite bad too because there’s oversupply. But Prime Area still hold on.

Anyway, I’m not millionaires. I only buy house with loan and then with generated income from rental, I can show the bank my cash flow and they will loan me more money. That’s how I keep on buying more properties.

Well, I think buying time will come again.

@Concern buyer
So, do “The Latitude ” consider a good location if it was not prime?

@Concern buyer
Buying time will come soon, this i agreed. But i do not foresee 50% drop.

Don’t expect you can sell more than 500psf in the current market for such location and quality. You already take home 25% gain if someone bought from you at 500psf… don’t be too greedy.. interest rate going to increase soon..

@kutu
I think the 25% profit only applied to those that bought earlier.
Those who bought at later stage already buying at $600psf. Do not think those people will let go at $500psf…….

@kutu The project still under construction, why worry of the price? It’s too early to judge….

kutu :
Don’t expect you can sell more than 500psf in the current market for such location and quality. You already take home 25% gain if someone bought from you at 500psf… don’t be too greedy.. interest rate going to increase soon..

You are correct, but I think you didnt make any research in this area. Can say most of you all who keep say price here and location here not good. If you have heard before about The Peak, the selling price in sub-sale is around RM600k+ for 1000 square feet. That comes to RM 600 per square feet. If you say The Latitude price max is RM500 per square feet, that is ridiculous. The Peak is around 6 units per floor and The Latitude is just 3 units per floor. If you got more luxurious living and less dense u think the price below RM500? even now other place with high dense per floor sell for around RM700 per square feet. You guys think this place not prime? It is located at Tanjong Tokong just a bit internal if driving just 3 min reaching Island Plaza, then left go the Straits Quay and right go to Gurney Plaza. How cool is that? low density project u all said low price, and high density u all said high price. very interesting as u all buy bungalow cheaper than terrace link house. (y)

Cool……very cool. You will get “cool” air blowing from the cemetry next to it every night. Your apartment will be filled with “cool” air from there, you will be breathing the “cool” air from there.

cooooool……

aiyar why worry, make sure you burn more “silver & gold paper” for “them” during chinese all souls day and gho5t month can already lor. they will make sure they “take good care” of you all year long. hehe.

RigorMortis :
Cool……very cool. You will get “cool” air blowing from the cemetry next to it every night. Your apartment will be filled with “cool” air from there, you will be breathing the “cool” air from there.

I think you never went up there, as you dont have any money to own any unit. SO, I cant blame you for writing non-sense here. But, please understand this forum is suppose to be informative not your “no-air cond no fan and play with your cemetery”. Someday when your rich friend invite you to their unit remember to see the scenery there. It has more city view than your cemetery.

I think the cemetry here not so bad lah, it least “they” all look quite new to me. Not like some other places with eerie looking century old headstones.

@pglang

Interesting comparison.. on the headstones..

Well..

@BigDeal
So, what’s your speculative/forecast price psf?

BigDeal :

RigorMortis :Cool……very cool. You will get “cool” air blowing from the cemetry next to it every night. Your apartment will be filled with “cool” air from there, you will be breathing the “cool” air from there.

I think you never went up there, as you dont have any money to own any unit. SO, I cant blame you for writing non-sense here. But, please understand this forum is suppose to be informative not your “no-air cond no fan and play with your cemetery”. Someday when your rich friend invite you to their unit remember to see the scenery there. It has more city view than your cemetery.

Yup….

IsaacTan :@BigDeal So, what’s your speculative/forecast price psf?

I think RM 750 psf is reasonable asking price.

IsaacTan :Currently there’re units selling at $700-853psf depending on the level, block and facing.Do not think the location was that bad even nearby cemetry. It might be true that the shoplot may not be that interesting nor popular after completion.Actually it really doesn’t matter if the price go up or down if it was for own stay.In this forum, there must be a lot of millionaires with very good eyesight that could foresee where & when to goreng property to be rich.Honestly, my personal experience with Ivory was not too good especially with their in house legal.
Last but not least,why there’re so many people like to see property crash? Any advantage for that?My opinion, property crash doesn’t only affect property price but also daily life. Please rethink about it…..

they can ban ban tang….

RM500psft make Latitude > 1M, quite difficult to secure loan for most.. interest rate increase soon somemore.. I think will be quite empty…

Exluding Penthouse, the typical units are 1600sqft or 1500sqft.
If $500psf the most are $800,000????

IsaacTan :
Exluding Penthouse, the typical units are 1600sqft or 1500sqft.
If $500psf the most are $800,000????

How many engineer can afford RM800k condo? T_T

@Concern buyer
OPs…i thought we were discussing about the calculation not the affordability…..
You’re right that not many Engineers can afford a RM800k condo due to the high interest rate
Heard from developer that “Latitude” was fully sold. Have any idea in which line for those buyers?
Sometimes I also felt weird how come Penang have so many rich people.
Last time RM500k already consider good condo. Now even RM1m still not consider as super condo.

@IsaacTan

OPs…i thought we were discussing about the calculation not the affordability…..
You’re right that not many Engineers can afford a RM800k condo due to the high interest rate.
Heard from developer that “Latitude” was fully sold. Have any idea in which line for those buyers?
Sometimes I also felt weird how come Penang have so many rich people.
Last time RM500k already consider good condo. Now even RM1m still not consider as super condo.

@IsaacTan
I think the sticker is rich. Most of the Latitude units are bought by stickers.

Soon, we will see 500k good condo.

@Concern buyer
What do you mean by stickers?
Is concernbuyer & concern buyer 2 the same people?

@IsaacTan
“Concern buyer 2” is not me. I’m not sure why he use my nickname.

Stickers means stickers game lor. Put sticker to the unit although not sold. It was meant to be funny.

@Concern buyer
But i did check with Latitude, really no more unit available…..

@IsaacTan

Ivory’s modus operandi is to register those “sticker” units under the name of a few indonesians. It will hold the units until OC, and then slowly releasing the units into the market. So it then appears as though some indonesian buyers are flipping the units. But in fact, when a background check was done, the indonesionas turned out to be the bosses indo maids.

This happened to one of Ivory’s projects, but I can’t tell which one, otherwise people could easily trace who the “25 chai” is. But, be warned. Don’t take things at face value when it comes to Ivory, especially at a time like this when property prices have already skyrocketed in the last few years. Ivory almost went bankrupt, that’s why you see the “Birch” family and the “Tropical” family all having a stake in Ivory now.

@headstone
Make sense…..
I really do not have good feeling with Ivory. The property was selling at high price but the services was……. sigh

Anyone know if Block A view will blocked by Block B?
Or block A View blocked by the Peak?

headstone :This happened to one of Ivory’s projects, but I can’t tell which one, otherwise people could easily trace who the “25 chai” is. But, be warned. Don’t take things at face value when it comes to Ivory, especially at a time like this when property prices have already skyrocketed in the last few years. Ivory almost went bankrupt, that’s why you see the “Birch” family and the “Tropical” family all having a stake in Ivory now.

Please name the project you mentioned, it will not easy to trace your location and identify who you are in fact no one will go and allocate you unless you are the serious criminal ..otherwise please don’t fan and speculate unrealistic news by simply saying no good

Concern buyer 2 :
Soon, we will see 500k good condo.

Ya.. Soon… Soon… Akan Datang … Wait till the durian fall..

IsaacTan :
@IsaacTan
OPs…i thought we were discussing about the calculation not the affordability…..
You’re right that not many Engineers can afford a RM800k condo due to the high interest rate.
Heard from developer that “Latitude” was fully sold. Have any idea in which line for those buyers?
Sometimes I also felt weird how come Penang have so many rich people.
Last time RM500k already consider good condo. Now even RM1m still not consider as super condo.

Last time I bought genting counter at RM2 per share and today closing at 4.21 per share

@Channel
And your point is? Are you comparing RM2 share with RM500k condo?

How’s the response from the latitude neighborhood? The peak?

I have a unit high floor Block B want to let go, RM 1mil, interest please leave your email and I will contact you.

@Concern buyer
Hahaha i guess that’s his meaning but Genting stock isn’t RM9+/share????

The latitude :
I have a unit high floor Block B want to let go, RM 1mil, interest please leave your email and I will contact you.

Keep all the units that you have bro. After VP can get RM 2mil per unit. Can sailang after that.

IsaacTan :
@Concern buyer
Hahaha i guess that’s his meaning but Genting stock isn’t RM9+/share????

He holding Genting Malaysia stock. GENM.
I got both GENM and GENTING stock.

@Concern buyer
Sure or not RM2m. i thought you said price gonna drop soon ….Lol

IsaacTan :
@Concern buyer
Sure or not RM2m. i thought you said price gonna drop soon ….Lol

Aiya, I thought he is very confident ma. So I give him some encouragement lor. Kekeke….

@Concern buyer
Rough guess what’s the monthly rental at this area?

1mil….sounds too high, but why not keep till the VP ?

IsaacTan :
@Concern buyer
Rough guess what’s the monthly rental at this area?

Very hard to guess la. If got expat, the rental will fly bro!!! Normally people told me expat like Georgetown or seaside. Not sure if expat like highland cemetery or not la.

@Concern buyer

Expat? Yes, they will definitely like it there. But this is special type of expat, not from overseas, but from 6 feet under.

latio :
1mil….sounds too high, but why not keep till the VP ?

All Penangites millionaire la. You not millionaire meh?

what is the progress now? can anyone share the selling price ?

IsaacTan :Exluding Penthouse, the typical units are 1600sqft or 1500sqft.If $500psf the most are $800,000????

RM 500psf is consider very reasonable, you go and compare Sungai Arak, Relau, bayan lepas area, those area new build condo asking price are already up to RM 550 psf… moreover mostly are high den unit, thus I think the latitude location is not so bad, nearby to Gurney and Tanjong Tokong, pulau tikus…. furthermore is a low den and one of the highest lux condo..thus I think the price is acceptable range to entry, meantime please enlighten me nearby that area where can get the condo below RM500psf.

@Chew
Please don’t get me wrong!
I understand that $500psf was consider reasonable.
My remark was to Kutu saying $500psf will be more than $1m.
Most latitude unit was 1500/1600sqft. The maths just wasn’t right.
That’s my point!
I am not to discuss if $500psf worth the value or not. i Knew places like Skycube already at $500psf. For this location, i guess should go up > $700psf.
If i know any good condo nearby the area, i will sure enlighten you after i do the purchase first….

@Chew

Did you conveniently forget about the big cemtery beside it? And the indian drunks staying around the area? What about the cow dung covered road leading to the entrance?

Shouldnt have any racist comment here….

i doubt Latitude can go for more than RM700/sft. Might as well buy fettes residences, brezza or marinox.

Not to mention that area is a cemetery area and it has a LMC behind it and the Peak opposite it.

I doubt Ivory can deliver Latitude as a luxury project because most of their projects their quality and workmanship is below substandard. Known fact among buyers in Penang.

Not to mention the access road to that area is just one small road and it caters to so many future projects and existing projects.

The word luxury should be near sea front, away from cemetery and exclusive neighbourhood. If any Tom, Dick and Harry can easily buy than it wouldn’t be exclusive.

A good indicator is the number of expats living in a particular area.

500psf is reasonable selling price, I agreed, but it can reflect from the peak as reference and study, what is the peak occupancy now?

RigorMortis :
@Chew
Did you conveniently forget about the big cemtery beside it? And the indian drunks staying around the area? What about the cow dung covered road leading to the entrance?

Please study before make the judgement
@RigorMortis

Study what? big cemtery? you mean you didn’t know that when you bought it?

Anyway, if you don’t mind staying beside a cemtery, why not wait for TriPinnacle? An affordable project by Aspen right next to Latitude at half the price.

@RigorMortis

Why u concern about the price of the Latitude? U r neither buyer nor investor.

All calculated risks will be bared by buyers and irrelevant with u.

Am I concerned about the price of Latitude? Don’t think so. So far, I have been only talking about the facts surrounding it, not the price. You seem to be more concerned about the price than me, you flipper ah?….:)

Mean that on that area consist sof The Peak, Latitude & Tri-Pinnacle (Aspen)?
All from the access road Lebuhraya Halia?

@RigorMortis
None of your business whether I m for own stay or invest.

Even the surroundings are not perfect, and then so what? It still irrelevant to you. Except u hope for lower price and purchase it. Hope I m not right .

Very happening…..crowd is there for sure…

RigorMortis :Am I concerned about the price of Latitude? Don’t think so. So far, I have been only talking about the facts surrounding it, not the price. You seem to be more concerned about the price than me, you flipper ah?….:)

Agree, there lots of ppl like you, like to speculate and trying to lower down the price by dumping all the defeat and and bad news and waiting this scenario happened and then entry the market, this no good, that no good, market going to crash, downmelt approaching….

Latitude buyer :

RigorMortis :Am I concerned about the price of Latitude? Don’t think so. So far, I have been only talking about the facts surrounding it, not the price. You seem to be more concerned about the price than me, you flipper ah?….:)

Agree, there lots of ppl like you, like to speculate and trying to lower down the price by dumping all the defeat and and bad news and waiting this scenario happened and then entry the market, this no good, that no good, market going to crash, downmelt approaching….

Property value is based on the speculation, you have to understand the rules of the game first before the participation.

Has the market crashed yet ?

Willing to sell my unit for $500k USD

Darren :Has the market crashed yet ?
Willing to sell my unit for $500k USD

I wiling to sell off my unit as well BUT below your price at USD 490K.. 😛

Any unit left from developer?

100% sold since first of this year, but you can check with subsales market

Kindly refer to the Peak, I saw someone is selling their unit at 800K for the 1000sqf unit and the most highlight part is have buyer willing to accept the price by paying the deposit..

Gerad :
Kindly refer to the Peak, I saw someone is selling their unit at 800K for the 1000sqf unit and the most highlight part is have buyer willing to accept the price by paying the deposit..

Cheers to Mount Erksine buyers !

So, Latitude can be $1000psf???

Stop dreaming! Can reach up to 750psf is already consider good given the fact the location is not really nearby to prime area, u still need 5min drive to Gurney, 5-8min to Tangjung Tokong… Unless that area is blossoming .. My two cents only, what do u think?

@Manga

5-8mins Drive still consider not near???
PEak can sell at $800psf, don’t think is impossible for The Latitude.
View please…..

who the hell simply believe other people said without proof? please read the Peak forum again.some claim to sell above 1mil.so u believe too? please do some homework of ur own by searching property guru about the pricing before talk. 800psf?? its funny

@ng
What the hell that made you so frus? If it was not a fact then so be it! Need to be frus on that? If it was funny then have a good laugh on it.
As i said i don’t think is impossible. It was individual opinion. anyone also could have their on opinion and view. Who can guarantee? Can you guarantee? Are you God to tell about the cureent and future price?

IsaacTan :@ng What the hell that made you so frus? If it was not a fact then so be it! Need to be frus on that? If it was funny then have a good laugh on it.As i said i don’t think is impossible. It was individual opinion. anyone also could have their on opinion and view. Who can guarantee? Can you guarantee? Are you God to tell about the cureent and future price?

I support your statement..agreed with you.

no frus jus feel funny to certain people who simply trust any statement written by other people. Yes,any of u can simply sell at any price u like u can put higher price and still can sell out but it will take longer time maybe few yrs later
please show some sense here ok? i’m not god to tell u the future price but i definitely can tell u current price. Don’t be so naive to trust anything without proof. So do u think 800psf is possible at this moment?hahaha…….

@ng
Yes i think $800psf is still possible. If you’re talking about proof, then what proof that you have showing no unit was transacted higher than $800psf? Do you have all the caveat lodged report?
Who is without sense now…..?

haha….alright then jus believe what u believe. I think u believe that the Peak sold out at 800k for 1000sqft.Good…..so u can sell ur property at that price too.cheers…..

TOK :

IsaacTan :@ng What the hell that made you so frus? If it was not a fact then so be it! Need to be frus on that? If it was funny then have a good laugh on it.As i said i don’t think is impossible. It was individual opinion. anyone also could have their on opinion and view. Who can guarantee? Can you guarantee? Are you God to tell about the cureent and future price?

I support your statement..agreed with you.

Thanks……
Some people also just can’t tell there’s also price different between low floor and high floor.
Further more latitude have 40+ floor.
Maybe they are the tok guru just like the “Bomoh Kelapa”.

Haha…..indeed some people still naive until believe any comments. if that house is fully furnish with good reno,it still have a minor chance to sell at that price provided good location.

@ng
Did i ever mentioned that i wanted to sell any unit?
Please refer back to my comment #115.
I just put a question regarding about the pricing. Please don’t misunderstood the simple english and judge based on your own school of thoughts!
It was good to know the price even for own stay. At least you know the property that you’re staying worth some money or you make the right choice!
Believe or not is very dependent on individual. It serves no point forcing your way out…..

@IsaacTan
alrite.good that u have a price check for property no point to have any argue here.i’m jus telling u that don’t too naive to believe any false statement.cheers….

The last transacted price on record for The Peak is RM525000 on 02May2014.

landoffice :The last transacted price on record for The Peak is RM525000 on 02May2014.

Which floor of The Peak? high floor? empty or F/F or F/R? Sell with Tenancy?

What is the selling price as per today for 1500sft?

gwen :

Darren :Has the market crashed yet ?
Willing to sell my unit for $500k USD

I wiling to sell off my unit as well BUT below your price at USD 490K..

USD 480k 😛

Just trolling here after so many beers , good luck with all the sale . I am keeping mine

I have one unit want to let go, 1600sft, high floor, Block A, let go at 1.5mil, interest please leave your email and I will contact you.

When GST imposed on Apr 2015, will selling a unit after the implementation but bought before that be taxable?

My dear IsaacTan, it has been highlighted again and again in the media, that residential properties are not subjected to GST. So hard to understand meh?

@gekko
Gekko…didnt always follow Msia media mah…..
As i am currently not in Malaysia.
If i did watch that news for sure i will not ask la…..
Why frus leh…..?

Anyway thanks for your reply Gekko……

Oh, no wonder you go and buy Latitude. I think you didn’t know there is a big grevyrd sitting beside it when you bought it. Nemind lah, too late to change anything. If for own vacation home, ok lah, just don’t look that direction loh. When you smell something, just pretend it’s your neighbour deep drying chicken lor.

@gekko
Aiya Gekko, when did i said i bought a unit with Latitude?
GST issue and buying latitude r 2 different thing la……
Ya did saw the graveyard when doing the site tour. When ask around the landed property at the same area, the price was still shocking high……
Ayer Itam new condo and landed price also went up even was next to graveyard.
Chilled man…just a discussion

Gekko….! Seems got impact
https://www.penangpropertytalk.com/2014/06/how-much-will-gst-impact-property-prices/comment-page-1/#comment-245237

Seems like the friend above just want to turn down the latitude buyer, sigh.. another pathetic again trying to act pro to devaluate the property there, just wondering his motive..

Gerter :Seems like the friend above just want to turn down the latitude buyer, sigh.. another pathetic again trying to act pro to devaluate the property there, just wondering his motive..

Hahahah. Dunno why they keep mentioning graveyard graveyard…., very far from Gurney that required only “7mins” drive & etc etc
Ayer Itam landed & Condo price still increase even though was really just next to graveyard…..

@IsaacTan

Agree with you. As long as the price is reasonable, near to graveyark also no choice already. Those condos after Jalan Tanjung Tukung near seaside already selling at least RM800psf.

@IsaacTan

Agree with you. As long as the price is reasonable, near to gravyard also no choice already. Those condos after Jalan Tanjung Tukung near seaside already selling at least RM800psf.

Lattidue next to cemetery only or sit on top of former cemetery?

Dunno woh….. is it on top?

IsaacTan :
Dunno woh….. is it on top?

Mandy :
Lattidue next to cemetery only or sit on top of former cemetery?

It is not on top of cemetery, the existing cemetery is next to the anded houses.~

@Koey Teow Sup Goreng
Thanks…..but do you know roughly how far was it in meters/kliometers? Luckily not on top. If on top people will say “alive people accomodate dead people’s land” ( read it in cantonese) hahaha….

another thing was how to Goreng Koey Teow with Soup…..? Just kidding

IsaacTan :

Gerter :Seems like the friend above just want to turn down the latitude buyer, sigh.. another pathetic again trying to act pro to devaluate the property there, just wondering his motive..

Hahahah. Dunno why they keep mentioning graveyard graveyard…., very far from Gurney that required only “7mins” drive & etc etcAyer Itam landed & Condo price still increase even though was really just next to graveyard…..

Very simple to understand, two scenarios, not interest on this area at all OR not even afford to own a unit there.

IsaacTan :
@Koey Teow Sup Goreng
Thanks…..but do you know roughly how far was it in meters/kliometers? Luckily not on top. If on top people will say “alive people accomodate dead people’s land” ( read it in cantonese) hahaha….
another thing was how to Goreng Koey Teow with Soup…..? Just kidding

His name already indicates that he just want to bullshit?

No doubt, The latitude is really a good and nice super condo at the affordable price, if you don’t mind sit beside the graveyard which I think is still a distance away furthermore I have been told Block A and B cannot see that area but not sure Block C. Any one can enlighten me?

@abc
ehhh…… That i don’t know

Purchaser :No doubt, The latitude is really a good and nice super condo at the affordable price, if you don’t mind sit beside the graveyard which I think is still a distance away furthermore I have been told Block A and B cannot see that area but not sure Block C. Any one can enlighten me?

I am interested to know too, anyone can share with us which block is facing the graveyard ?

There’s only 2 block for latitude. Are you all meaning Type A, B or C?

There are block A and block B for The Latitude. No block C. It is better you
contact the developer for more accurate information.

@cougar
Cougar…is Block A type C blocked by Block B?
Looking at what they construct, it seems blocked a bit on the view…..

Hows the progress now? the price dropping due to strong competition from the peak?

@Self

Strong price competition from The Peak? Then later when they start to sell The Pinnacle at RM 300psf mah even worse?

no ideal, any comments to share about the latitude? any input from the buyers?

The three projects are totally three different thing. different target buyer. Not everyone eligible to own The Pinnacle cause it is controlled by the state gomen.

@ce

Anyone who does not own a house yet (meaning genuine owner occupants, not speculator) and the monthly household income is less than RM10k will be eligible. So only speculators who already own more than 1 house will buy Latitiude, but then again, buy Latitude for what leh? Since no genuine owner occupier would want to buy?

And please be reminded, there will be more and more RM400k condos coming up (quality will be slightly better than The Peak). Same thing will be built near Sandilands condo. Speculators be warned. It’s an all out war against speculators, and not only building affordable housing, more taxes is coming up for speculators.

For sales A-37-1 type A,1600sf 3r4b.2cp.gurney view morning sun.asking 1.6m nego.. a-39-3 type C ,1500sf 3r4b.straits quay view.asking 1.45m nego..if interest pls email jasonchang2008@hotmail.com ,Thanks.

When is the expected OC? How’s the progress now?

Anyone know if Latitude was under residential/commercial title?
Will it affect the utilities billing rate?

What is the selling price now?

Jason :For sales A-37-1 type A,1600sf 3r4b.2cp.gurney view morning sun.asking 1.6m nego.. a-39-3 type C ,1500sf 3r4b.straits quay view.asking 1.45m nego..if interest pls email jasonchang2008@hotmail.com ,Thanks.

1.6m is very expensive leh…, what is the different between the type C and Type A? what about Type B? are you from the developer?

@Golfer
Type A was 100sqft bigger compare to Type B & C.
Type B & C having the same size but just slight different on the room layout.
http://www.ivory.com.my/TheLatitude/index.html#/type-c/

I have drive there and look over the area there, I was just realized that there is only one road to access to latitude and peak, unmentionable the construction units behind these two condos, or the developer going to widen up the road there is second road to develop?

How was the sales as of today?

Wow…Latitude reached the top floor and completing soon.
For those fortunate owner, early congratulations……..!

any latitude owner want to let go their unit ?

@Manga
R u an agent?

OC obtained?

#nvgoh
Not yet. Still in construction.

Anyone know if the block nearer to the peak was block A/B?

Block A

@IsaacTan

block A is the most expensive block right?

Developer launched Block B first, therefore Block A with higher price.

@NV Goh

@Wow
Thought the 1 further away from Peak was block A.
Where to find the info?

I bought the unit at Block B.

@IsaacTan

@Wow
So looking at the progress…Block A will get complete first.
Are you going to sell your unit?
Any target price in mind?

Yes,u r right. No intention to sell it at this moment.

@IsaacTan

Price range quoted theoretically based on market value should be RM 1.2mil – RM 1.5mil, but of course I will not choose The Latitude because is over the price, good luck to the new buyers then…

Hahaha…….haha..ha..ha …………..right in the “kampung area” trying to
boost the price !!!!!!

Time to offload my unit

$450K USD , 1500 SFQ > 35 floor Block B

Anyone?

@No Way

Are you kidding? that area is kampong area? please go and study first before you comments here..

@Darren

Sound likes Mr. Darren want to take profit

any picture can upload to share the progress by the way?

@Khoo Lim

What to study ? When this kampung area is going to develop ?

Pls go to Facebook of The Latitude penang @Terrance

Block B-17th floor 1500sf selling 1mjl negotiable. Call me 016-4323193

@brandon

I have a unit to let go, above 36th floor, 1500sft, type C. May I know how much is the market price now?

@Seller

the highest floor is 38th or ?

@Seller

The Lattitude for 36th floor above should have nice scenery and windy, furthermore is facing gurney, wao..must be very expensive then, maybe USD 200 a unit?

I have a unit at 35th floor, block B, type B, 1500 sqft, would like to seek for genuine buyer to offer me price.

Serious Seller :I have a unit at 35th floor, block B, type B, 1500 sqft, would like to seek for genuine buyer to offer me price.

are you agent or direct owner?

I’m the owner@Leo Hu

Aiyo, this morning I read TheStar newspaper about the luxury affordable condos that E&O and Ideal will build at T.Tkng seaside area. They say RM450psf only. Cheaper price and better location compared to this. I will wait for that lah.

RM450psf in Tanjong Tokong??? You must be joking???

@chongfan

E&O build the RM450psf in Tanjong Tokong? you TUA KONG OR TIU KONG?

Final finishing of latitude wall paint will be in Green?
Any idea when is the latest date to collect key?