@daniel

how much the selling price? I observed strong take up rate for shoplot around. Also most of my factory expatraiate is staying at gold coast or putra, n give good feedback. Thus this is prime area to invest. PWC is certainly good but felt it’s too expensive

I bought before CNY. So the package is diff. The price after rebate is around 673k. But I have to pay stamp duty n loan legal fee.

Hi Daniel,
Is it under DIBS? With 2 carparks?

Certainly good buy..aroung rm420 sq vs pwc 6rm650 sq. congrats @Daniel

80% DIBS. And yes, with 2 carparks. @S1

Lim :
Certainly good buy..aroung rm420 sq vs pwc 6rm650 sq. congrats @Daniel

Thx Lim. I think is good that I buy for own stay. The cheaper psft the better.

pass through the place today. it’s really dense. all the buidings very close to each other. what do u guys think? (if compare to gold coast, putra heights)

@Daniel

Thx for sharing. That’s a good buy.

@Barisucks gap agree that compare to Gold Coast is dense. Just hope that the road to the entrance is wide enough. And the tenant of the shoplots are good.

Its a prime area…thus will lok tense but rental n appreciation will grow high. If nit you will need to pay >rm1million if get a bigger space like pwc with 1566sf

Daniel,
You have no concern on the commercial title? Mind to share with me you thoughts.

@TCM
I do have concern on the commercial title. But from I check, the utility bill might be using commercial or residential rate. If commercial rate, the big diff is for the first ~rm50, after that the diff is ~20% if I remember correctly. My electricity bill is actually pretty low, so it don’t bother me. N For the cukai pintu, I think is 30% more exp than residential. Anyway with the cheaper I pay, paying 1 month extra rm200 for the extra expenses due to commercial rate is ok for me. However for those who invest, I understand that loan approval for commercial title is pretty tight. Though I’m able to get 90% loan.

@Daniel & @TCM
Go read the one world forum, they are paying residential rate for both electricity and water bills.

only thing to pay attention is the remaining year of this lease hold land.. I think it is only 70+years left (anyone can confirm?), you may be difficult to get subsale because the shorter term of leasehold years left, more difficult to get loan/full loan for subsale…

PG Lang :
only thing to pay attention is the remaining year of this lease hold land.. I think it is only 70+years left (anyone can confirm?), you may be difficult to get subsale because the shorter term of leasehold years left, more difficult to get loan/full loan for subsale…

Till 2095 for now. GSD say they are in the process of extending it from 2012. But I dunno whether it will work. If buy for own stay, no issue.

Sold out..

anyone know whether it comes with fiber optic?

Anyone interested to sell? Am looking for 1500sq unit

@Fabian just sold out and you interested to buy? I think u can try checking with developer whether there is any returned booking if not able to get loan approval. Actually my friends are looking for it too.

@Daniel
Rite..normally there will be few such casese happened

Can commercial tittle get kwsp withdrawal ?

Developer feedback 110% sold out…

Most of it
Sold out but it’s worth a buy

Letter just sent out from GSDLand. The land lease had just been extended to 99 years, counting from last year. Excellent news.

Yap. I just received it as well. Good news!

Heard they just released bumi lot now. Utility my aunty is staying at The suite E&O & is commercial title but she is paying residential rate. Commercial & leasehold i think is not any issue to purchase because i just bought one leasehold & commercial title in Subang & price keep going & going non stop. So what do you think? For me the most important is capital return & location. Myself entered 2 units Gardens Ville & brother sister also bought Summerton 1926sf. My sister told me she received the extended letter last year from developer means this year left 98 years. Like what i concern is not leasehold or capital issue.

@Yoong
but i think only left bigger size units? 1566sqft and below are no more available?

I’m not sure but heard fr my sister said is 1840sf onwards is nice layout only because 1566sf only 3 rooms & you can’t change to 4 rooms in future. U can try to call gsd because i’m not too sure but just being kpc because intend to have 1 if i can sold my current condo.

@Yoong
ya, i also like 1840sqft layout, too bad budget is tight.

What is the price of the bumi release now?

@Goreng
I wish to buy one also..anyone wish to sell?

@wesley
Hi Wesley, I had hunt for some time but seems no one willing to let go. I will check on Bumi lots

Are bumi lots released to public now? Anyone has the news and knows the price?

RM480.00 per sqft. for bumi lot.

Chew :
RM480.00 per sqft. for bumi lot.

after rebate or before rebate?

I’m not sure. Maybe u can call the office.

Studio unit for sale 820sf asking 800k net contact owner here! Already have offered at 700k! Construction currently is at level 5 already! So please don’t offer below 800k!

Wah… around 1000psf.

Yoong :Studio unit for sale 820sf asking 800k net contact owner here! Already have offered at 700k! Construction currently is at level 5 already! So please don’t offer below 800k!

Bay Residences (PWC) 872 units also 700k++. Some said is future price after 3 years.
Now Primo 820sf also ask for 700k? True or not????

Yoong :Studio unit for sale 820sf asking 800k net contact owner here! Already have offered at 700k! Construction currently is at level 5 already! So please don’t offer below 800k!

Bay Residences (PWC) 872 units only 6xxk++. Some said is future price after 3 years.
Now Primo 820sf also ask for 700k? True or not????

Aredi sold out @daniel

@Wong
what do you mean? You are saying all bumi lots were sold too?

@islander_ori
Summerton will complete early than PWC friend! PWC yet to get APDL.

@Goreng
Last week had visit GSD office & 1,840sf asking from 888k before rebate. U direct call to sales office because heard my cousin said sell like hot cake! Terrace respond not bad last week saw many buyer walk in to office.

@Yoong
You are selling at future price, year 2013? Or trying to become next NorthPoint @ MidValley-> Primo@Queensbay? per sq ft ratio is rm1k?

@Yoong

Dreaming…

With PWC coming up , persiaran bayan indah will be the next persiaran gurney ! GSD just launched the Sky Villas at Summerton, 2350 sq ft type IV exclusive 13 units with private lift reserved for these villas and 2 c/p located near the lift. With the promotion they are running price comes down to $470+ per s/f which is actually attractive for such a prime location and exclusiveness. From the chart all the units are sea facing. As of my visit a few days ago 3 units have been taken. I would say this is a better choice if compared to Jambul Height and Cove Condominium due to strategic location.

Yeah my property agent friend was telling me that the other day and I am planning to go there this weekend to check out the villa promotion. There are lack of land in Persiaran Gurney and developers are looking for the next prime spot and this area has been earmarked to be it. Hopefully it will be so that my unit at Gold Coast will appreciate more. Accordingly the price will reach 700psf by the time OC obtained .

@Vincent

470psft at this prime location. too cheap la. dun know why nobody wan. market slows down?

Ae u sure still got unit available?@Buyer

They just launched Sky Villa at Primo Heights last I saw there were about 10 units left.

anyone know when will the project complete?

The project will complete next yrs…let’s hurry up

Sales office told me around Oct14…

Search FB of Summerton, Bayan Indah posted 27/7/13 construction progress is at level 13.. so should be earlier than that

Thx man & Louis. Ya, i hope it will complete soon, seems like the progress is quite good.

latest updated from developer they said next year end will hang over the key! Sales staff told me they will increase the price to 20% after 15th Aug. I guess my studio unit can sell at least 850k onwards hahahaa. One of my contractor friend told me they are using quality & will done up very nice at facilities floor. He also told me facing villa emas & corner unit can have very nice view especially unit 8 & the last unit no. i also forgot. Those interested can check from developer……good luck!

Yoong,
thanks for the sharing. When sale office say increases the price for 20 Percent, mean still has units pending for sale? Not yet sold out? For the corner unit that face to villa emas, I imagine the view is fully on building Only, so what good View are you referring to?

studio wat sqf??buy time how much?

It surely is building fast, I saw 15th floor already.

great progress.

The summerton project is progress smoothly…reached 16 and will complete at 17 floor. The price will adjust another 2 more day. Ths will be 4th time pric adjusted, Congrats for those purchase earlier

Heard from sales staff said GSD coming to increase 20% on their selling price after this week? True? Then there are a golden egg news, hahaha

This is indeed a great news for all the buyers. i bought for ownstay and hoping for appreciation as well.

would the coming price increase based on the last rebated selling price?

the best is to check with GSD…

The GSD price has increase base on GSD staff….include car park price. Seems like the increase is not stopping at all

any idea the increment of the price in terms of %? i wish to buy additional car park, however the sales feedback that it is under waiting list and shall be paid in full.

Developer increase 20 percent

i received sms that 20% increment will only be effective after 1st Sep…

@MM
You meant the condo price will increase by 20% or the car park?

@Goreng
Am not sure which one. . Just received the general text that 20%increment in price from 1st Sept. i believe it should be the condo price…anyone of you received the sms?

Yes, it’s confirm that from 1st Sept onwards all the unit price increasing 20% from current price. According to source, only left units that view at villa emas. If compare to the projects at PWC psf around RM700+, Summerton still very cheap (RM470+ psf) & worth to invest even thought is leasehold $ commercial title. Bear in mind this project will completed sometime Sept 2014 rather than PWC at present nothing yet. I heard that after increasing the new price for Summerton is around RM600++ psf. (anyone got any idea the price)

Congrats for those bought earlier…i forsee that the price will appreciate further by 20% upon completion…just see how success of the quens bay mall.

@MM
Hi, can help to paste the sms here? I didn’t receive any sms yet. Thanks.

RM0.00 GSD: Buy Summerton now & save up to RM80,000.

20% increase in price by 1/9/13. Call 1 700 818 932 for more info.

Ya.I received the similar text. Based on the sales, the current price retains with 5% rebate till 1st sep. After this the price will increase 20%. so if buy now you can save up to 80k.

Ya.I received the similar text. Based on the sales, the current price retains with 5% rebate till 1st sep. After this the price will increase 20%. so if buy now you can save up to 80k as compared to after increment.

@MM
@Chang
Thanks, I think they meant both the condo and the car park price will be raised by 20%.

if hike 20%, e.g for 1800+sf unit now the price goes to ard $1M ?

Rite…that shud mot surprise to you. It will further appreciated once completed@Man

Good Good!!

I am wondering how the developer increases the price when you were told all units were sold out? Developers are too smart nowadays to make buyers feel secured.

@Blabla

@Blabla

The unit balance is due to new release..i believe this is developer trick to keepo the unit and sell it at later stage. Up to you to consider

Any update? didnt the price really hike 20%?

what i know is sky villa sold out dy…

I called GSD last week, saying the price already at ~600psf, addtional one car park price remain at RM35k/each.

i believe Rm600sf still cheap…JB is selling at Rm1200sf, still cheap leh@TCM

agreed…it’s prime area near to QuensBay. In fact it s second gurney drive as predicted. @nick

hi anyone got any unit to let go? am looking for 15oosf unit facing sea

i am also looking one too but i dun think any unit available.

Currently left only 1.9k size onwards. But price was increased 20%.

@MM
So, you should not buy this unit with 20% price increase.

It puts you in a very disadvantage position to compete in sub sale market later.

I bought before the increment. i think the current price of.about 570 psf after rebate is still fair.

i think is fair…even bayan lepas area aldo selling rm500sf@MM

@MM
Hi, how much did you pay? What is your condo size and facing? High floor?

I hope the finishing is as good as stated, anyone know whether each floor lift entrance are decor with titles like show in brochure? Or only sky villa got it ?

@Goreng
>1.9k size, 470psf facing Villa emas at medium floor.

i have few units to let go..interested, pls let me know. thanks

@Said
i am interested. how much you are selling?

i am so sorry, i had sold off all. @SS

This is interesting, you sold off a few in just 2 days ?? @Said

rite, 2 units. in fact i had advertised last 2 months. sorrt, no more units available

@Said
Does GSD allow you to subsale during construction? I was told it shouldnt.

they can do so by signing outside developer thru seperate lawyer s n p

@MM
wow, you are rich, 1 Summerton. 1 SR. Thanks for the info, future neighbor.

@Goreng
Hi future neighbor. i bought only summerton and just kp on SR forum

the selling price is RM600 sf now…and seems like price never stop going

rite especially at prime area.

The construction is surely progressing fast. Completion with 2014 is possible.

With today CM announcements regarding to the BPO development in Bayan Baru and Bayan Lepas, am sure the price will appreciate further with such a strategic and convenient location Rental demand may possibly high.

agreed..bayan baru, bayan lepas, relau, batu maung is certainly growth area now and future. town area is certainly slow, tg tokong, gurney, tg bungah is hair wire on price

The inonic sky is seeling at RM550 per sf eventhough located near Relau area…dun talk about prime area like Summerton. The Summerton is certainly value for money. Congrat for those who has bought it!!

certainly, just too many development in bayan baru and bayan lepas. @MM

Hunza also will develop high end township at bayan baru, despite a establish town. The growth is unlimited

The coastal highway is underway to expand to 6 lanes…that means multiple way if going o various lication freely. good location

Anyone wish to let go any unit? i am looking for 1300sf with RM500 budget.

Susah dapat 500k unit there lo…affordable house also cost this price@Mustafa

true…@Li

@Mustafa
You may check with GSD whether there is still any bumi lot available. As learnt from Sierra Residence forum, bumi still able to get good price for the remaining bumi lot.

i believe bumi unit also sold out now. Unfortunately

@Mustafa
No RM500psf la. I saw bumi lot is open for booking & the unit view is nice. When i recommend friends to this summerton already RM570psf last month consider very worth it

@luck
Yes because i heard the sales person said their company will target the price hit over RM750psf once completion. Someone from KL told me they have a discussion for the rental for big tenant for the shop lot im sure they price for this condo will hit over at least 800psf once they are confirm.

@yoong
May i know whats the bumi lot that have nice view? i may recommend my friends to consider.

@yoong true, that is what the de beloper plan to do. this will certainly caused the unit appreciated

Summerton is progressing very well. It is certainly good for both investment and own stay. cheers

Received letter ask for $$ release, 3rd times and 50% completion.

the development progress is steady….value now is 650 per square feet. once completed, it will certainly go up further

Be aware of RPGT…..@king

Just check, any Malay buyer?

yoong :
@luck
Yes because i heard the sales person said their company will target the price hit over RM750psf once completion. Someone from KL told me they have a discussion for the rental for big tenant for the shop lot im sure they price for this condo will hit over at least 800psf once they are confirm.

checked with sales, all tenant havent confirm, but GSD office will move there. Hopefully the shoplots will be fully filled

5 Years tax free is from S&P signed date, rite ? @wang

anyone know if commercial title residential unit will kena GST?

Man :
5 Years tax free is from S&P signed date, rite ? @wang

Yupe, from S&P signing date..

if could earn 100k, what to worriee about tax of 30k?

@Chocolate

@ong

Yes, I totally agree with this statement. The matter is only of lesser profits.

the price at Quens Bay area had gone up to 650 per sf…new launching is 750 per sf. Those bought earlier, just need to count their profit. my advice is, this is prome area, the price will certainly go up. Compare with Gurney Drive, its very chep still…

anyone got any unit to sell? @lee

@kee
i think developer still got very limited villa unit left

observed the condo is progressing fast. When it will complete?

I am worried too crowded

this is so call the development@pi

Thumb up for Summerton.

@pi

Too crowded just like Tesco ( Gelugor )area but to those owners they will
say convenience with progress and development. Some even say more traffic
jams better because they will compare to Gurney, Tg. Tokong to justify the
congestion and the high price.

pi :
I am worried too crowded

You should be worried as that area is overcrowded.

Anyone staying nearby knows if it is indeed over-crowded? I do see many cars parked outside the other condos in the area.

that actually good sign…crowded means good feng sui

agreed@kin

just check, any surau there?

certainly the facilites is complete

I obseved the facilities model at sales office is atonishing…but the pool is slightly small

Aynone know want is the completion date?

@TH got the latest newsletter from gsd saying completion at July 2014

that is very near, only 8 month from now. A u sure it can complete s soon?

Anyone what is prcing now?

it shud be RM650 per square feet now…but obce complete, u can expect for RM700@Mike

I am interested to get one. Anyone wanted to release any unit?

@Nick I think still got few unit availabke at developer but villa type

I would like to buyg unit with 1200 sf. anyone one got any unit to sell?

me too, am interested to look for 1500 size. anyone wish to lets go?

difficult to buy unit now as GST is scare all seller

I am also looking for a unit at this place….but too bad still cant find any seller..

Angel, u could probably consider those subsale project which next to summerton like putra place or gold coast. Bigger landscape , nice garden design , low maintenance fee ( eg : putra place ~ Rm145), full condo facilities, good buidling condition & could even purchase extra car park from developer….i have the similar thought to purchase for summerton earlier (for own stay) too, after survey i decided to purchase the putra place condo. ( ~ Rm550 persqft)

@LLS
I tried to search for putra place before but there is no unit for sale..u know anyone want to let go of their unit?

u could go look around in mudah, there are few unit to be sold. U can also consider Gold coast (non sea view unit) if your budget is ranging below 650k

@PP
Gold Coast is already 14 years old….and its lease hold.

@Angel

Summerton is a leasehold project as well + commercial title. 2 yrs ago we bought i

Summerton is a leasehold project too, as long as there is potential booster around lease or free hold is not the major concern. Do not expect Png property price will come down in near future..go grasp a unit for yourself if u plan for own stay in bayan mutiara area.

Angel, summerton is a leasehold project as well.

Anybody has any idea about summerton project period of lease, i was told ~ 85 years left wondering how true is that.

Gold Coast have a nice landscape but the design is abit old fashion. I went to view few renovated units and they are outdated designs. I think I will still look for PH and Putra Place

@jonathan
Yes I agree with you….Primo height and Putra Place are good choices. Too bad, hard to get a unit there.

X-Man :
Anybody has any idea about summerton project period of lease, i was told ~ 85 years left wondering how true is that.

already renew to start from 2012.

The period of lease for summerton should be still around 90 years.

I was looking for gold coast 3 years ago… But when the time I really want to buy. Already over price. ..same price with summerton but smaller space n very old reno… I need to spend extra on the renovation. ..

Hi daniellong, u mean start from 2012 the lease period renew to another 99 years…am i right, appreciate for yr infor.

Summerton lease status will expire in year 2111. I will not live to see that happening.

@danielong
that’s the disadvantage of getting a subsale. the reno might not suitable for us and ended up need to spend alot more for reno.

Good news for summerton buyer…expire in 2111, Great !

Hello, I have a unit for sell in putra place very nice renovation and fully furniture. Call or email me, if have interest for viewing. 0125180833 or kentfoong@gmail.com

@putra place owner
Hi,
are u owner or agent? can share which floor /block? asking price ?

@angel Direct owner here.. I can email u my unit details and some photos if you interested. send me ur email add, if u want to know further info. thanks.

@putra place owner
Hello,
could u pls provide me your HP or email add, i would like to contact u for enquiry (i am buyer not agent)

MM@ kentfoong@gmail.com / 0125180833

i received another 2 progress payments notices to bank from developer.. total 80% completion now… based on stage descriptions all roads, door, celling should have been completed? but i went to the site last weeks just doesnt seems so… any idea?

@Man me too, got the letter, for 80% progressive paymnet…suggest to call up developer

The forum is unable to control the id resulted into two or more similar responders in a forum…anyway i received a letter stating the progress is at 2h indicating road serving to the building is completed. Does this stage 2h means 80% completion, and 80% dibs till this stage only?

I call up banker ..once the loan release til 80%, subsequently instalment will be the buyer to pay. Anyone can double confirm that ? Also any of you went to the site, does it really looks like it is 80% completed ?

@MM
I add up all the letters requested and get 80% in total

I had call up developer and confirmed it’s 80%…target compleiton is on April, 2014

@Man
Right, it’s progressing very amoothly

Just check, haveone wish to let go the unit? I plan to get one with 1500 sf

No, developer will not allow to sell during onstruction period. U have to wait aftre April Sori@Mi Mi

@Property
There are many more people waiting to buy since Penang World City is selling at 900 per sf now. Summerton is coming up follow PWC track

Rely salute Penang people..

@lim
Wow…April to complete alraedy? This is really good news

I expect Summerton to price at least 650sf price now…it’s seated in between 2 briges. Huat ah!!

I heared there will be bicycle track built through Sumemrton and gold coast, is this true?

It’s true and confirmed by MPPP lately@LEE

Anyone know whether gst will be charged for commercial title but residential unit?

@danielong
still comercial for residential unit…but can apply later just like 1sky ideal at bayan baru