what is the status for P V project ? price range ??

heard finish grab internally, RM 728k for terrace.

Total 87 units. All sold out. Only left 10 units for bumi. This project doesn’t have any launch.

any chance to wait for Bumi lot release ? 728 k ? Wow ! very competitive !

normally these bumi lot are those choose left.. mainly on the row behind the shoplot. Of course these bumi lot only allow to be released after > 50% completion. By that time, property price will rise depend on the market price. Maybe u can ask whether plbhomes can allow to lock the price by placing the deposit now.

TQ for input. is anyone evaluate that such price is worth to purchase ?

Prestige V (PV) located between Sunway Mutiara (SM) & Sunway Tunas Jaya (STJ) where they all are 2 storeys. In terms of LA, PV=1540, SM=1430 & STJ=1500 which mean larger build up for LA. Hardly to find sub sale for SM while there is price called for RM700k-750k for STJ. Beside this, PLBHomes will use their own contractor that built Prestige Height (PH) for this project. If you see Prestige Height, the quality is pretty good and they are using good material (2×2′ tiles, stain steel auto gate & stair case). This will save your renovation fees. On top of that, PV outlook design will be more modern than PH and more power point than PH. Out of this, currently the project by welcome developer opposite southbay called Bien Venue would call for RM820K for 2 storey terrace house but not sure got any transaction. In my own opinion, RM728K is not beyond the market price and worth to purchase :). Also, PLB Homes subsidized all legal fee and stamp duty for S&P, loan and title transfer, so buyers would only need to fork out 10% of purchasing price. If buy subsale with typicall 700K, at least 20K for all this documentation. Unfortunately this project is low density and all the units not enough to distribute for their existing customer, Lee wah agent, their internal stuffs……….Also, this is the only piece of land PLB Homes own, so there is no phase 2 or subsequent phases.

Wah ! TQ for good write-out and detail analysis. Definitely it is worthwhile to own one in current market trend, moreover the upcoming of the surrounding development, I blieve the potential is great !
Eric, you sound very familiar with the surrounding & latest development in Batu maung, u got unit in PV ?

Y do they need to let Lee Wah agent sell their units?

ahha… this is the question everyone is asking… i’m not too sure but still not convenience to comment here of what I heard. Yes. i got a unit in PV through registration in 2008

Eric, that’s great ! do you think anymore chance for picking up one as well at this time…
By the way, as posted what do you think compare Siara 81 vs PV ?

maybe u can try to call to plbhomes or direct approach them at their office at PLB Engineering near to the chai leng park… by the way, i am not familar on the siara81 project.. but in term of location, i did share my comment on Siara81 forum

sure !

just some additional comment, the recent launch of 3 storey terrace & Semi-D of Sunway Cassia (from Sunway Tunas Jaya all the way to the 7-Eleven surrounding by existing residential and flats at batu maung) few weeks ago all snapped up in just few hours. Price starts from RM8xxK

I had visited the sunway Cassia site, it is quite deep inside and away from the main road.

Any good housing property around RM 700k terrace in island, for own staying/investment?

yeah.. truly agreed. unless you don’t mind to buy at balik pulau

what is the next closest property for this price then?

@T,
for landed property terrace at range of $700 K is hard to find for new launching project, i will suggest for re-sale market that you may hv more choice.

as i know, Tree residence sold out during CNY launch.

@T
there is some sub sale <800K of SPI in mudah.my. You can find out there

@eric
When do you sign the S&P for Prestige-V? What is the prices for surrounding double storrey house?

@FireDragon
S & P will be roughly signed on end of May or early of June’11. I think around 700k to 800k for double storey around this area.

@eric

OIC, then it is selling at market value and it’s not cheap. Well, do you aware that partially of this piece of land is malay grave yard previously?

Personally i went to see this piece of land before and i did not notice any sign of graveyard??

same to me.. i hv visited few time but not notice about grave yard.. can someone confirm whether it is true ?

@FireDragon
oh, i didn’t aware of the malay grave yard though I have been staying in Batu Maung for about 3 years. I didn’t hear of anything regarding the malay grave yard as well from the people there. By the way, which piece of land you mention above? is the piece of land that PV going to build on?

FireDragon, i think i know the location with malay grave yard you mean in batu maung. It’s Masjid Jamek at batu maung opposite Sekolah Kebangsaan Batu Maung (between Southbay & Sunway Mutiara) where it’s an old mosque in the malay village with the building age over 70 years old. The Masjid Jamek Batu Maung has a more recent annex built about a decade ago. The old and new mosque buildings stand side by side. In front of the mosque is a Malay cemetery, which is part of the mosque compound. PV is far away from this mosque.

Visit this site : http://www.penang-traveltips.com/masjid-jamek-batu-maung.htm. On the lowest bottom photo where the old and new building of Masjid Jamek sit side by side, you will notice there is malay graveyard near to the old building

@Eric,
thanks for good info. , comparatively what do you think of PV price level vs few new launching project such as Siara 81, SPI, sunway cassia…….

Any one Know the corner unit price and what is a land area for PV

@K.E lee
For corner unit, BU is 1848 sqft while Land Area is 2700-3150 sq ft depend. Example, BU=1848;LA=2906 costs RM936K. BU=1848;LA=2777 costs RM919K

@Eric
Thanks for your information! I want to know again the size of the parking area. would you mind….

K.E.LEE, take the intermediate unit as example. The land area is 22’x70′. Backyard is 22’x3′, land area for build up is 22’x42, car porch is 22’x25′. To answer your question, the size of parking is 22’x25’=550 sqft

Indicative Price : RM894,000 onwards, i thought it’s 728k?

i don’t think u can get any unit now ! it is sold out. 728K is too attractive to all.

yes.. starting price is RM728K for intermediate unit. It’s sold out.

how about corner units? still available?

i suggest you call to the PLB Homes office to ask.

Just wonder why ppl still keep asking about the size. All sold out. Be proactive, looking for next launch project is more reality.

@Ken
From which developer ? taimima or palmex ?? i heard that they 2 developer will also lauching new project at sg ara soon

if you are looking for 700k range new terrace, i suggest you go for Setia Vista, not bad.

I also feel that Setia Vista is value for money at this moment. The location is better than Sentral Green. Go and see yourself then you will know.

the house finishing and quality of Sentral Green is a lot better than the setia vista… go and visit the both empty show house and you will know… as for location wise, it’s very subjective to personal preference.. i myself prefer setia green in term of more deep in and quite..but know from some ppl, they prefer sentral greens as it’s very close to wet market and hawker stalls and making it more convenient..

i receive call from contractor who works on plbhomes project. He got customer willing to let go the intermediate unit with extra RM35k. I have bought other property. If you are interested, please let me know and i can give you the contractor contact number.

i just wonder all these people try to earn easy money by just pay booking fees…the booking fees is only 20k, so u see how much is the return

this project got at least few people try to earn easy money, the broker company boss offerred my fren by topping up on 12k, my fren didnt want, in the end the boss told me transacted 20k….now is 35k…..how easy the money, but surely it’s ethical

good example the boss told me Hong Leong manager booked 5 units, if flip one unit earn 20k, easily earn 100k….within 1 month

i am just thinking this is the dirty affair from the agent…or PLB itself

buyer should play their part as well. If there is demand, people will try to make quick money.

[Sorry, comments removed by moderator]

i still think this project is ok, as Batu Maung is just like unpolished diamond…still got potential to grow, and plb is quite successful with few projects, like prestige height, but i think mainly is the agent assigned is encouraging flipping, and i think when the customer flips, they earn some commissions….not sure whether plb management is aware of this….

unlike sungai ara, espeically setia….big developer..but the houses sold also expensive…another one of course is Mah Sing…the upcoming condo, according to the sale-to be launched in August timeframe-450rm psf……..

Penang ppl have no taste, any landed projet also sapu. this is why the price is rocket high. Not like KL , KL ppl is smarter and know how to choose, good project will sell fast, lousy project will always with units left for sell.

totally agreed with invest! Penangiest spoil the market it themself….. Few months ago PLB told fully sold, now top up 35k declare few units left, three weeks later maybe top up 70k and still declare few units again! PLB can simply control the flip by not allow owner to swap name! Idiot company

Penang ppl no taste…..?KL ppl is smarter ?i dont think so.
In KL,most of condo/apartment project beside the Highway,big cable electric,but still sold out.R they smart?they also sapu all rubbish project,somemore not landed.

Price rocket high?…..how much is reasonable?150k?or less…
KL kepong terrace house also sold for 800k.in 2008 only sold 300k.

i think both of u never live in kl, there r one thing kl cant fight penang, cost of living.

Just personal tough, 728k + 35 k = 763k for 1540sqf, free for both title transfer & legal fee is still worth. Just personally feel “BEH SONG” because the extra 35k make those flipper getting richer and they will speculate for the next round. =( Pity for those pg kia who haven’t get their dreammy landed house.

old and outdated ppl will always stick to landed property. If you looked at what is happening for KL trend, condo or guarded landed are prefer because safer, better maintain.

project like prestige V, what do you have? spacious? nice ?…what if the enviroment is not secure, robber target? no garden or green plant? think about that.

Everyday when you need to wait for the lift before entering your house, then it’s considered LOST by 9 Street compare to the landed regardless size, price or location.

@invest, why regard landed property goer as outdated & old ? R u saying those owning bungalow are old & outdated too? I believe it is individual preference, not all think like u. As penangkia mentioned, 763k for 1540 sqf still worth. Pls compare some other recent launch project, they are far more expensive than prestige.

somemore in Penang, those able to buy (though under loan) landed properties is not poor people….

perhaps condo is popular at KL, but looked at Puchong, landed properties price also shooting up, futher more least hold type also going up, example like Glomac project behind Tesco..

Hi,

anyone has bought Prestige and S&P signed ? are all fees taken care by developer ?

@PP
Yes. You just pay 10%, that’s all. Already sign S&P

yup, me too, signed s&p

@bm
hi bm, May I have the contractors number? please do drop me an email thanks

@Van
U got the contact also useless. I just call them. No more liao. Last release is 33k after nego. The rest of owner has already sign SNP.

@Van
yeah. i think most of the buyers signed S&P liao. wait for other project.

@Van
Sunway Cassia phase 2 open for registration, i think will launched soon. Phase 1 is 898k with 10% discount, you can benchmark this price.
another one by Lip Sin developer for 2 stories one is a bit expensive.
i heard that Surin project developer has bought land in Batu Maung, perhaps can wait for that. i believe batu maung is going to have more projects, just a matter of price only.

@CS
Lip Sin developer for 2 storey at which location ?

@CS,
R u referring Lip Sin project near to existing Ipin Garden ? is the surrounding with low cost apartment ? saw it but in term of location and accessibility still prefer near prestige site, any new project near prestige ?

Just to share some existing and upcoming property development in Batu Maung
1. The Terrace – Opposite National Instrument. Have few phases but it only open 1st phase for sale by agent previously at property fair held at PISA. Price started at RM880K for 2 storey terrace house.
2. D’Pavillion – Location near to Sunway Cassia by Ideal Summit developer. Limited unit – 4 Semi-D and 2 Bungalow. Price not sure.
3. Taman Sri Aman – Behind South bay by Lip Sin developer. Already built
4. Sunway Cassia – Like CS mention above, upcoming is phase 2. After phase 2, more phases to come but you will know the price up so
5. Southbay plaza – township development by MahSing consist of retails shops and service apartment.

As i know, Surin and E&O had acquired huge land size in Teluk Kumbar and Gertak Sanggul. After Pavillion Tower condo, more condo will be coming by these developers.

This area will have room to appreciate but I think it may take time at least 10 years down the road. Not good for flipper unless have holding power. We bought verona semi-D with 600k ++ will be advantaged.

So how many years u think Verona is going to appreciate? Sorry la, that’s a pariah small scale project

Can anybody compare PLB DS/SD to that of surrounding project SD..?
Will it be a good investment..?

I understand PLB units in Jelutong sold out.
Anybody willing to sell…?

PLB unit in Jelutong on the secondary market (subsale) going at RM 1.1m
Wow and less than a year since construction starts…

invest :
old and outdated ppl will always stick to landed property. If you looked at what is happening for KL trend, condo or guarded landed are prefer because safer, better maintain.
project like prestige V, what do you have? spacious? nice ?…what if the enviroment is not secure, robber target? no garden or green plant? think about that.

sorry to say that penang is much safer than KL,ppl r close connected to each other unlike KL u oni take care of ur own compound…guarded or non ,not a big deal but ofcos if can afford, G&G is most sought after..anyway, i can forgive ur ignorant

pls read the recent article ” two area set to be BOOM”, you will understand the reason Prestige project is good buy….

eric,
Hunza Property has also acquired land in Gertak Sanggul..
So in med-long term, look like hot spots will be B.Maung, T.Kumbar, G.Sanggul

rtek,
Thanks for the info. Seemed many giant company already acquire land at Teluk Kumbar and Gertak Sanggul. Slowly these area will be boomed up. From the recent STAR property, MS plans to sell service apartment at RM550 psf compare RM350 1 1/2 years ago. Pavilion tower condo at Teluk Kumbar sells at RM320psf. I believe we won’t able to get these price few more years later

rtek,
Thanks for the info. By the way, not sure how many PV buyers in these forum. Just would like to share some concern. I discover that PLB Homes don’t provide the house alarm which i feel it’s very important. The spec is very similar to Prestige height whereby i have a friend who bought this Prestige Height and end up to manually put the wireless alarm as he didn’t want to hack the ceiling to conceal the wire. I myself stay at sunway landed property. This project developed by Suncity and it’s attached with the alarm. There is couple times where happen thief try to break in. With the alarm trigger, it scared away the thief. Hence i feel it’s very important to have alarm. Anyway, i am wondering whether PLB Homes allow buyer to have contractor to go in to install the alarm during wiring stage b4 OC so that buyers don’t have to hack the wall as alarm wiring is a lot

Eric, thanks fro bringing up the Alarm issue, just check hv u spoken to PLB office is the spec not included ?

bm,
with price hitting 550 psf for MS svc apt in B.Maung, doesn’t it make more sense to buy P.V. DS/SD which is still available…? RM1.168m/ BU 2600sf = 449 psf (LA 2874 sf or 406 psf)

eric
When you signed the SPA, I know PLB offers free legal and stamp on all 1). SPA, 2). Loan documentation and 3). title transfer.
Say if you/vendor sell the unit before OC/ title transfer, does the PLB offer of free title transfer + stamping also apply to the subsale purchaser…?
If so, then it’s another incentive for investors…

BB,
I confirm the alarm is not include in the SPEC as well as S&P document. Basically i haven’t found out from PLB whether they allow me to have contractor to install the alarm during the wiring stage before OC. Personally i feel even they allow me to do so, the owner might be obligated to wiring defect owing to the work by your contractor. So the risk is there.

rtek,
Basically i did ask the similar question to the PLB Homes panel lawyer. According to them, it’s up to developer consent (if the title is not transfer after OC) to do so. Of course this would be benefit to the sub-sale buyer as they don’t need to fork out extra cost for title transfer if PLB Homes agrees to do so. I didn’t find out from developer. I suggest you find out from developer.

rtek,
Personally i feel PV is good investment as the price in this area rise for the past 1 to 2 years. Somemore it’s zero entry for legal fee and stamping duty if buy direct from developer.

I hear from friends that MPPP is opening a dump site in B. Maung as the one in Jelutong is quite an eyesore.. Anybody has any idea where the site will be…?

bm,
not free for legal fee, is all inclusive in your selling price. Is a package or reducing downpayment for ppl who not affordable but still want to own a hse.
how you measure PV is good? and is far from town area.
I personally think Penang hse was over supply especially in south of penang. Did you ever check the transaction (sub sales) done for hse more than 500k in 2011? The reason sub sales not good is because they have to pay more for the downpayment, even buyer willing to buy but bank only approve for 80 percent loan (nowadays bank rate our property price lower than selling price).

Smart,
How do you judge it’s not legal fee free whereby developer include in the selling price? It’s very subjective. In my understanding, developer initially wants to subsidize interest during construction period and apply non zero entry cost, but due to BLR continuously rise for the past year, hence, they change their plan to switch between them. i will judge this by benchmark the price with the neighbouring subsale or market price. Compare to Sunway Mutiara and Sunway Tunasjaya which is also 2 storey terrce house, the subsale price is about RM700k to RM800k. PV starting price sells at RM728k, of course this is not compare apple to apple. But averagely it’s fall into this range. My measurement good means have room for appreciation, close to factory, upcoming 2nd bridge, township development by MS. In my opinion, Batu Maung will boom up in few years time.

bm,
are you one of the sales agent from plb?why you advertise for them? or have insider in PLB? Sunway mutiara and tunasjaya selling 700k – 800k? you sure with this price the hse can sell off? few unit at sunway mutiara selling since few a ago until today i still can see their post. 1) Can engineer effort to buy a hse with 700k? 2) what benefit bring when the 2nd link completed? i don’t think it will benefit to penang island it self and it will bring advantage to mainland only. 3) any sub sales transaction done for mah siang? it cant be the benchmark if there is no transaction. I have a unit semi-d in at seri tanjung trying to let go 2.2 million from last year until today still not manage to sell off.

smart,
i don’t think BM is someone connected with PLB, simply just there isn’t any unit left since ” soft launch ” of PV. to answer your question ;
1). whether Engineer is affort to buy or not, it is depend their choice to be in part of penang islander and taking up landed property, do you think just bec. someone can’t affort the price will drop ? how about the managerial level ?
2). Flow of ppl from mainland to island will be increase due to 2nd link, opportunity of business in that area is increasing, chances of snr management +Foreign expat level to put up at island side where their factory is at Batu Kawan ( refer to new foreign investment at BK )
3). yes, Mahsing subsale for 3 storey linkhouse closed deal as refer to some banker’s input.

YTD, i strongly believe PV is a good buy and the price should escalate up once completed.

Just curious. Can anyone share the built up and land area? TQ

BB
1) how many manager salary above 10k in Penang factory area?
2) chances of snr management +Foreign expat ? i never see mat salleh stay in batu mau area.
3) are you sure sub sales done for Mahsiang? as i asked banker to evaluated property value in batu mau 2 weeks ago, they inform me that no sub sales done for mahsiang so far and they cant provide references price. in this situation, that buyer need to put downpayment 20 percent in order to get the loan…… will it make sense?

Smart,
I’m not sales agent and have nothing to do with PLB. Please don’t misunderstanding. I say that as i’m resident in Batu Maung and familiar with the property price here. I’m not bullshit here. On top of that, you can find more in STAR article

“Take for example a landed property in Batu Maung. It could easily cost between RM700,000 and RM800,000,” he said. at below link.
http://thestar.com.my/metro/story.asp?file=/2011/7/25/north/9166652&sec=North

Other things i don’t wish to comment. I apologize if have any words that make you feel uncomfortable.

Ideal Homes Properties Sdn Bhd sales and marketing manager Teh Yeow Jin said many visitors preferred landed property but their prices were generally out of reach.

“Take for example a landed property in Batu Maung. It could easily cost between RM700,000 and RM800,000,” he said.

can you easily believe what sales agent said?

smart
when and how much did u pay for yr SD in STP..?
if u dispose off yr unit at 2.2 m, how much % is yr gain..?

smart
do u have any info on subsale on units in NorthEast (P Tikus, Tg Tokong area) compared to SouthEast area…? Pls share w/ us if you have valuable info…

Smart
1) how many manager salary above 10k in Penang factory area?
Why have to be manager salary above 10k? Come on… please shift yr paradihm. One couple engineer works for 5 years with salary RM5K each, i dun think they can’t afford. But one thing i can be very confirm is that they can’t afford RM2.2m property.
2) chances of snr management +Foreign expat ? i never see mat salleh stay in batu mau area.
You never see doesn’t mean there is none. My residential place at Batu Maung have one mat salleh family rent the terrace house corner. If you want, i can provide you the address for you to go verify
3) are you sure sub sales done for Mahsiang? as i asked banker to evaluated property value in batu mau 2 weeks ago, they inform me that no sub sales done for mahsiang so far and they cant provide references price. in this situation, that buyer need to put downpayment 20 percent in order to get the loan…… will it make sense?
What’s yr sample size? just count on one banker to convince there is no sub sales?

i bought it 5 years back, 980k only. The highest price from buyer is 1.9m, while all the ppl was post 2.2m and above. LA 3680 sqft. BU 2800

@Smart
I agree on this statement as my residential area at batu maung have transaction at RM7xxK.

@smart,

that’s a very good property.. I have missed on the opportunity back then. I will be happy to hold the property. Wait for the genuine buyer who’s willing to pay. Even if at 1.9 is ain’t bad. Cheers

@bm
One couple engineer works for 5 years with salary RM5K each, i dun think they can’t afford. But one thing i can be very confirm is that they can’t afford RM2.2m property.
can a degree holder get 5k salary base with 5 years experience? 2.5k for fresh grad with 10 percent per annual increment also not able to reach 4k. pls our newspaper never report the true…. even petrol story!
You never see doesn’t mean there is none. My residential place at Batu Maung have one mat salleh family rent the terrace house corner. If you want, i can provide you the address for you to go verify
when you see one mat salleh in your area, you feel so happy? very rare bro.
What’s yr sample size? just count on one banker to convince there is no sub sales?
the world of IT, we can trance from system!

@CK
agree, but think to let go and split into 2 landed. already bought sp green still hunting another one.

smart
wow, already double up… a cool 1m in yr pocket… professional investor…?
if you sell yr SD in NorthEast, where would be yr next purchase be..?

smart
why setia green…? 960k..?

@rtek
lucky star

@Smart
1.15m corner lot

smart
what’s the land size and built-up.? did they offer free legal, stamping on SPA, loan doc. and title transfer..?
pl share why setia green compare to others, eg. Sunway Merica.. see if we can pick up some tips…

@Smart
Aiya, RM7xxk monthly instalment amount is RM3.5K for ~30 years and even lower if increase the tenure. How come one couple combine can’t afford? i didn’t say i’m happy with the mat salleh but just want to clarify your statement ” i never see mat salleh stay in batu mau area.
“.

@Smart,

Sorry out of topic here, but did you manage to get any freebies for SG? I got none…

bm
did you buy PV for stay or investment..?
have they PLB started work..?
what figure are you looking at in 2 years time..?

@CK
nope, even i introduce my friend buy another unit.
but if register after june will have free air condition.

@rtek
A house is more than a roof, i personally not like sg. ara or batu area (potential buyer less), but attracted with SG concept.

PV/ sunway project make me feel like they just trying to build more hse hse hse (from their history). Seri Tanjung is a good example, when you go to SQ stop by roadside and feel the environment. Beautiful walk path with a green lush along the roadside and kids playground

@Smart,

Thanks for info.

Like you, I am very attracted to the green concept. Sincerely hope they deliver. I don’t like Sg Ara also, but is bough over by their concept. Honestly, if it’s from an unknown developer, there’s no way I am going in. Setia is one of those few who deliver. Hope I will not be a laughing stock later if things mess it up.

Right now, it’s the confident I have with Setia that I jump in.

eric, bm
P V area – will the noise from airplane be an issue..?

rtek,
I didn’t feel it so far i stay here. Maybe i immune to it

Batu Maung will be the next development hot spot. Commented by Dr. Lee Kah Chuan in last week newspaper. Worth to invest. Noise should be minimal. More project in this area is coming soon. Watch up.

@ smart,

u mean who buy SG after June will get free aircond? how many units? including piping?

@smart
u mean who buy SG after June will get free aircond? how many units? including piping?

For introducer only

This morning when passby the site, saw a lorry with the steels. Piling machine is already setup. Loan agreement is not sign yet though S&P already stamped on 12nd July. Any buyer here sign the bank loan agreement?

I just signed both the S&P and Loan.

@wkss
Thanks for the info. the lawyer hasn’t called me to sign the loan agreement yet.

Hi, is there anyone can advise how is the progress at the site ?

@eric
I thought I signed the loan agreement with the bank, not the lawyer?
I have checked with my current alarm contractor, and he said it is not easy for them to do the wiring during the construction as they had to go there many many times. It is do-able, but going to be costly. I wonder if PLB can provide optional package for interested buyers.
Btw, we might be staying in the same taman now. 😉

@Property
I can see piling works in progress. I stay very near to the site.

@wkss
I think the one you sign with banker is the offer letter only, it’s not the loan agreement. Loan agreement sign should be handled by panel lawyer. i did keep in touch with the banker from time to time. According to them, the panel laywer handled my loan agreement is new panel and they are not familiar with the stuff, hence it takes them longer. I’m not sure whether you are using the same panel lawyer as mines one. Anyway, it’s already 2 months ++ since the S&P stamped on 12nd July but the loan agreement is not yet signed. Thanks for your info. i feel it’s very troublesome to have contractor go inside to instal the alarm besides the cost concern like you mentioned. i feel if we do so, we have to be obliged to any damaged caused due to the installation. i dun think PLB have optional package. i will give them a call to ask about that. Yeah. we might be neighbour in future Yeah. piling is in progress now. I also passed by that site every morning when driving to work

@eric
I am sorry then. Then I haven’t sign the loan agreement yet. If so, will they be any problem with the loan?

I did ask the PLB person about the alarm concern. He told me that it is best to write in and he can forward it to the upper management. There were cases where the Teluk Kumbar’s owner managed to get the contractor the do the alarm wiring during the construction after writing in. But I agree with what you said. It is very difficult to get outside contractor to work with PLC workers, especially on the responsibility issue. PLB should consider offering optional package to buyers. Alarm is a must now.

I mean we might be staying in the same taman now. But since you said you will pass by the site every morning, then maybe not. :p

@wkss
I just called to PLB office this morning. According to them, there is some issue between their panel lawyer Azam and banker, they are still fix some issue with bank negara. Currently, the piling for the shoplot row already completed and in fact, it’s already passed 1st draw down. You don’t need to worry. It’s between the panel lawyer and developer, in some case where the legal document is not on time get ready, the panel will do some compensation to the developer, this is their internal matter between the developer and panel lawyer. i also address the alarm issue to them. The PLB officer told me the same thing as you mentioned above. One thing to add is PLB doesn’t have the optional package. Hence, we can’t top up to include the alarm wiring. For me, i am very concern on the alarm as it’s corner unit, hence i think i will write in a formal letter to PLB to apply to install the alarm at certain stage. If they approve, i will look for quotation from outside contractor. I’m not sure about the pricing but if it’s too expensive, then probably need to reconsider as i really don’t wish to hack the wall after OC, the teodius thing is need to hack the wall tile (eg. toilet with full height tile). Let’s see how

One of the vendor told me that alarm wiring installation during construction will cost ~2k without panel.. will it expensive ??

I do not think the developer would be agreeable to allow alarm installation during construction. Many things to consider apart from defects issue especially when OC inspection. I believe we may have different ideas on where to place the alarm, cctv and etc hence, the exposed wires will become an issue when the council conduct the checking

@eric
The lawyer called me two days ago to sign the loan agreement. I haven’t made an appointment with her yet because I am busy this week. Maybe will sign next week.
If you don’t mind, you can give me your email and we can talk offline regarding the alarm wiring. Perhaps using the same alarm contractor will be cheaper?

@Kenny, RM2k is not expensive. My current contractor told me will be about RM3k. I am very satisfied with this contractor(as compare to other contractors that I have worked with so far), reasonable price, responsible and always do a good job.

@Chye Chye, I do not know how it works. But there is PLB buyer(previous project) managed to do so.

@wkss
i didn’t receive any call from the lawyer yet. Sounds good. My email address is teohboonweng@yahoo.com. Do keep in touch.

@wkss,

I heard from my friend (Prestige Heights buyer) you may need to get hold of PLB GM or the Sales Manager, they may be able to help.

Mind if I email u and discuss about the alarm?

@ smart,

Ideal Homes Properties Sdn Bhd sales and marketing manager Teh Yeow Jin said many visitors preferred landed property but their prices were generally out of reach.

“Take for example a landed property in Batu Maung. It could easily cost between RM700,000 and RM800,000,” he said.

can you easily believe what sales agent said?

Is Ideal a property agent company?

@chye chye

you are obvious in ignorance if you can’t get the point by smart.

@Eric, I have emailed you yesterday. Please check your mailbox, or maybe junk box. :p

@Chye Chye, you can email Eric, then he can link us together.

Good to know more buyers here. Cheers!

@wkss, i received yr email. Besides you, i receive email from another guy.
@Chye Chye, please let me know your email address or you can just reply me with your email address.
I will put everyone in an email. Will update you guys more in through the email.

May i know is there still got any unit available? Generally, how much the minimum installment per month, if the loan for 30 or 40 yrs. thanks.

hi,

do you guys have floor plan or site plan for this project? can email to me? khorhuat1980@yahoo.com

@eric
Mind to share the outcome of the alarm installation?

The Terrace in Batu Maung asking price start from 920k. Southbay plaze sell at 600 psf. Hoo… reh……… Our prestige-V should be over 950k (conservatively) next year when fully constructed.

@Primeroist
No update from the officer yet.

@penangkia
I just visited their office today. I was told the project will complete July 2013. 1.5 years to go…

@eric
I have the same concern with you. I did ask the SA regarding alarm installation, but was told they do not have such arrangement. Will continue to nag them :).
Pls. help to update us if you have any reply from the officer.

@Primeroist

1.5 years is also never mind. At least I can see their construction is keep on going and never stop even during this raining session. It’s make me more & more confidence. Unlike some other project, sometimes work but sometimes stop.

Southbay Plaza asking price is 600psf ……. Keep your eyes big big and watch for it during launching.

@penangkia
You are right! I stay nearby and see good progress.
BTW, not really fond of Plaza… too expensive. Eyes big but mouth also big

hi All,
what is the price for the double storey terrace opposite Southbay ?

Hi guys,

I think “we” who bought Prestige V should gather up and make further discussion on the progress of the development “especially the security alarm system” should be conducted before 40% completion?

Seems like I am the last person who bought Prestige V and I would love to share more discussion. Kindly drop me an email at “tseianlee@yahoo.com” to further discuss.

Southbay plaza asking price has gone up to 800 per sf as the demand is way over the supply. Is a WoW, What a price!

Lets see if the pricing for PV does match upon completion……

@Van
I still didn’t receive any update from PLB Homes regarding the alarm system yet. It’s good we call can share any info or update regarding the alarm system. By the way, the selling price for southbay plaza after rebate is not that high. For block A which is going to launch this saturday, airport view unit sells at RM570 after 10% rebate while seaview unit sell at RM630-RM650. Each floor will be increased price by RM8k-10k depending on the number on that particular floor.

Hi All,

I have also buy a unit in PV. And am also intrested to know if we can have alarm installed. Please keep me also posted if there is any update on this. Thank you so much.

Dear Ken@Admin,
I took some site pregressive photos and it would be good if you can put here to share with others. Can you give me your email address so that i can send the photos to you?

@Ken (Admin)
Sent! Thanks.

Fyi, another upcoming project (Prestige III) from PLBHomes at Balik Pulau. Their agent Lee Wah will start sell the property next week.

Project info
Location : Balik Pulau, Penang
Property Type:
• SST – 198 units
• DST – 224 units
• DSSD – 40 units
• DSSO – 57 units
• LCF – 250 units
• MCF – 250 units

Visit below website.
http://plbhomes.com.my/showcase/prestigeiii/prestigeiii.asp

Dear PV buyers regarding the alarm installation,
Just got the update from PLB Homes officer in charge. According to him, they don’t allow any installation (either electrical point or alarm) from external contractor. From their past experience on Prestige Height where they allow outside contractor to install alarm, many problem happen between their contractor and outside contractor and too much hassle. Hence, this time they don’t allow. So no choice lo.

Prestige V indeed is a good investment to make but seems like it’s already too late for most of us. But by looking at what Southbay new project is asking, the price will be way to ridicules to buy for investment, but own stay should be ok, it’s really depends on own’s perception.

I believe SB plaza will push the value of the surrounding property to next level.

I just booked The Terrace @ RM920K, sounds too expensive for a DST? But who knows what will happened in future. I am sure with NI building beside it will sure giving it a value added points to some people which will think is a plus rather a minus.

I plan to invest another one landed. Any other good suggestions to share?

@Robin
Is it still units left for the terrace? I saw the site. It progress very fast.

@Eric
They are opening phase by phase right now, total 4 phase if i’m not mistaken. Phase 1 sold out and phase 2 still have few units. Expected completion date by 2013.

Very nice design with high ceiling and finishing. You should go and have a look and don’t judge by other’s comment.

I may let go my unit for RM 820k at this moment. anyone interested?

Robin, I did look at The Terrace before they determined the price. But luckily I managed to grab a unit at Prestige V. I could not believe it when they launched The Terrace with >RM900k. No hard feeling ya. Anyway, it is still good to grab a unit before Batu Maung’s price go further. I am monitoring the market all the time. But so far haven’t seen anyone that I am interested yet.
Let’s see if anyone else share their thoughts.

@Jay
Hi Jay,

Am interest with ur unit, can PM me more details? Thanks!

I would like to sell my PV units, interested, pls call me 0124776784. It will be completed by Jul

am interest with PV, anyone have unit to let go, pls PM me mclim03@gmail.com .
Thanks!

Just to get know from my friend who stays at Prestige Height@Teluk Kumbar (developed by Plbhomes also). Few days ago, 2 houses got broke in. 1st one is not successful due to it’s equipped with alarm. The moment the theft lift out and open the sliding door, the alarm trigger and scare away the theft. After this, the other house on the same row which is not equipped with alarm got successfully broke in. Personally i feel Batu Maung and Teluk Kumbar area is no not secure. So to all PV owners, do remember to install alarm if you plan for own stay. Although it’s not 100% guarantee safety, but from the cases above, it’s really can buy you more insurance

Guyz, this forum seem very slow… not like Prestige Height that very happening. Anyway, seem progress very fast!!! 55% oledi… everybody just waiting for completion? maybe end of this year? I drive past the site almost everyday and noticed a number of “kampung houses” in front of this site still there. Will those houses will be demolish?

Anybody has PV unit on hand and would like to let go..?

hi what is the price of this project now? anyone willing to let go?

http://www.propertyguru.com.my/property-listing/prestige-v-batu-maung-for-sale-1561223

i saw the project almost complete. Anyone have the ideas of when VP/OC will be obtained?

Today went into the side to see the unit. For DST, the backyard is just too narrow. Per spec, it’s 3ft. After deduct the brick wall, it becomes 2.xft and it’s just enough for walk way. It’s too small for you to locate washing machine or clothes hanger. Driveway is 25ft which i feel is too big. It would be good if driveway is set 23ft and backyard 5ft. Semi-D type is 7ft which is pretty good.

PV design really out… no spacious even at 22ft.. Master room kind of small..backyard too narrow which maybe can use just for storage.. Bad design

@Matu Maung
Do you own any unit?

@Eric, did you walk into the site?
I just view from outside.
I stay nearby, so can see progress every now and then. But I am busy recently, so did not pay much attention to it.

@wkss
wkss, yes. i walked in to view 1 months ago to view my unit. Overall like mention below, master bedroom and backyard feels too small. The other ugly thing is those wire to tnb box which is built inside this house just spoilt the outlook

@wkss,
tan1 comment is from me.

Jay :
I may let go my unit for RM 820k at this moment. anyone interested?

@bm
hi, Can you advise me on the contractor contact num?
thanks.

Jay :
I may let go my unit for RM 820k at this moment. anyone interested?

@bm
hi Jay, you are willing to let go at 820K for PV? or The Terrace? pls email me: aunthiam@gmail.com
thanks.

@alat
hi Jay, you are willing to let go at 820K for PV? or The Terrace? pls email me: aunthiam@gmail.com
thanks.
@Jay

@Eric, did you take any photos? If yes, can you share them? You still have my email?
Btw, do you plan to move in when it is completed?

Not sure what is the price now at this area?

Price for DST and Semi-D?

Ya, and anyone plans to let go?

1 unit facing south & second row after the shop lots to let go. 980k nego. Anyone interested?

Hi Jay,
i am interested in your unit, pls provide your contact

when is OC?

Any semi d unit for sale?

Hi,few units for sale,interested call 0124757470

Hi, any double terrace house for sale?

@Penangkia
You’re referring to DST or semi-D?