commercial title will caused eletricity and water bill expensive by 25%

anyone know how is the procedue converting commercial title to residential title? i believe this will impact the value of the property @kim

certainly impact….people will certainly wanted to buy residential title instead of commercial title

summerton seens getting a lot of attention now..believe due to impact from penang world city

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

Does this mean that OC will be obtained in April14? Does any of you receive the letter claiming stage 2e indicating plaster work for interior and exterior are completed? Anyone of you have the idea of the total legal fees.of converting the strata title to our name? i heard almost 20k.

@kim

Really can convert for electrical bill if own stay into residential?
Anyone know those in 1 World manage to convert?

true, it’around 20k except if u do it yourself, then around 10k prvided u have time to do ths as legal fees is around 10k

MM :

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

Does this mean that OC will be obtained in April14? Does any of you receive the letter claiming stage 2e indicating plaster work for interior and exterior are completed? Anyone of you have the idea of the total legal fees.of converting the strata title to our name? i heard almost 20k.

lim :
true, it’around 20k except if u do it yourself, then around 10k prvided u have time to do ths as legal fees is around 10k

MM :

lim : how about fees to convert from commercial to residential title?
I had call up developer and confirmed it’s 80%…target compleiton is on April, 2014

Does this mean that OC will be obtained in April14? Does any of you receive the letter claiming stage 2e indicating plaster work for interior and exterior are completed? Anyone of you have the idea of the total legal fees.of converting the strata title to our name? i heard almost 20k.

leont :

lim :
true, it’around 20k except if u do it yourself, then around 10k prvided u have time to do ths as legal fees is around 10k

MM :

lim : how about fees to convert from commercial to residential title?
I had call up developer and confirmed it’s 80%…target compleiton is on April, 2014

Does this mean that OC will be obtained in April14? Does any of you receive the letter claiming stage 2e indicating plaster work for interior and exterior are completed? Anyone of you have the idea of the total legal fees.of converting the strata title to our name? i heard almost 20k.

anyone get the letter mentioned internal plaster work done and developer asking for money?

lim :
true, it’around 20k except if u do it yourself, then around 10k prvided u have time to do ths as legal fees is around 10k

MM :

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

Does this mean that OC will be obtained in April14? Does any of you receive the letter claiming stage 2e indicating plaster work for interior and exterior are completed? Anyone of you have the idea of the total legal fees.of converting the strata title to our name? i heard almost 20k.

Please advise the procedure and i dont mind to do it myself if could.save up to 10k.

Residential Commercial
kWh Rate Cost Rate Cost
0 – 200 0.218 43.6 0.435 87
201 – 300 0.334 33.4 0.509 50.9
301 – 600 0.516 154.8 0.509 152.7
601 – 900 0.546 163.8 0.509 152.7

900 kWh 395.6 443.3
600 kWh 231.8 290.6

I was calculating the residential vs commercial tariffs. Difference comes up to 50-60 RM a month. If we are investing RM10k to convert, the break-even comes after about 14 years. Might not be worth the effort. If GSD helps us convert though, that would be a different story.

nic :
ResidentialCommercial
kWhRateCostRateCost
0 – 2000.21843.60.43587
201 – 3000.33433.40.50950.9
301 – 6000.516154.80.509152.7
601 – 9000.546163.80.509152.7
900 kWh395.6443.3
600 kWh231.8290.6
I was calculating the residential vs commercial tariffs. Difference comes up to 50-60 RM a month. If we are investing RM10k to convert, the break-even comes after about 14 years. Might not be worth the effort. If GSD helps us convert though, that would be a different story.

other than letric, u can save on water and assessment fees too. believe this is good investment

i think the value of propertu will go up also if its residential title

This is correct, people will attract more if residential title. @leong

Folks, if i am not mistaken we got to pay for the stamp duty (as per standard gov rate) when the buyer is converting the strata title under buyer name.

A lot of hypothesis and guessing here. Anyone from 1 sky or 1 world had done the conversion (from commercial to residential title) before, please help to share the procedure. Thank you.

According to GSD, we as residence may request Mgmt to convert the commercial to residence title. But not sure whether it will incur any cost from us. One Word managed to convert.

there is some payment to land office but this can be absorb in mgt cost since had pay monthly fees as what 1world did. the resident pay nothing

lee :
there is some payment to land office but this can be absorb in mgt cost since had pay monthly fees as what 1world did. the resident pay nothing

This sound to be good. All resident certainly agreed to the request to make application to residential title. After all, eletctricity will go up 2x as what ah jib kor brilliant planning

There r too many excitement for Summerton. Anyone know what is market value now?

One of my friend from Maybank mentioned condo at Bayan Indah is around RM600 onward now

lee :
there is some payment to land office but this can be absorb in mgt cost since had pay monthly fees as what 1world did. the resident pay nothing

Great!

anyone know how much roughly is the assessment fee? i heard is going to be quite expensive…

@p’ng
Hi, I am interested to buy one unit here. Anyone plan to sell?

Sori, it’s sold out except Vila unit

Siti :@p’ng Hi, I am interested to buy one unit here. Anyone plan to sell?

Kent :Sori, it’s sold out except Vila unit

Siti :@p’ng Hi, I am interested to buy one unit here. Anyone plan to sell?

The unit is going to complete in April, 2014…there will be people going to sell at that time. But pricealso will be different too. It’s a good investment. I believe!

Lim :

Kent :Sori, it’s sold out except Vila unit

Siti :@p’ng Hi, I am interested to buy one unit here. Anyone plan to sell?

The unit is going to complete in April, 2014…there will be people going to sell at that time. But pricealso will be different too. It’s a good investment. I believe!

Hi all, I am George from Hungary. Me too, plan to make Malaysia a Second Home and wish to purchase an unit here since it’s near to QB. I need the unit urgently as my family will be here in May next year.

Wow, heard there are some foreigner staying in Summerton?

Certainly, summerton is located at prime area. Anyone will passover that area. Its located in between 2 Penang Bridges

I guess mental colonization still rules despite 56 years of independence. Easily impressed if foreigner stays m a dwelling area, especially if they are from the West. Maybe its the first generation out of poverty syndromme.@Penang

Singh Power Liao :
I guess mental colonization still rules despite 56 years of independence. Easily impressed if foreigner stays m a dwelling area, especially if they are from the West. Maybe its the first generation out of poverty syndromme.@Penang

This white mentality will not easily change…well, a matter of fact, white is certain better in all aspect of life. dun u think so?

Kent :Sori, it’s sold out except Vila unit

Siti :@p’ng Hi, I am interested to buy one unit here. Anyone plan to sell?

Hi Siti,
I have 1 unit 1840sq and wish to sell RM980K. Are you interested?

@Keong
Sound great. Pls provide me your email and contact no. Pls expedite. Thanks

Siti :@Keong Sound great. Pls provide me your email and contact no. Pls expedite. Thanks

Hi Siti,
I can be reached at Keongfg34@gmail.com. Pls email me your details. Great to get know to you. Thanks again

@Keong
Ok. I had email to you. Will get in touch there

@Siti
MS Siti, I had 1 unit to let’s go too, side 1950sq. Pls email me if you are interseted @Png5@gmail.com. Hope to hear from you

This Summerton really got a lot of attraction…Huat ah!!

i am also interested to buy 1 unit. Anyone got anymore unit wosh to sell? i can be reached at leong2gi@hotmail.com.

loon :
i am also interested to buy 1 unit. Anyone got anymore unit wosh to sell? i can be reached at leong2gi@hotmail.com.

susahloh, all sold out

Hi all, i am serious buyer looking for to buy a unit. I wish to buy at 1800sf side. Only serious seller need to respond. Thanks

ma cHai :
Hi all, i am serious buyer looking for to buy a unit. I wish to buy at 1800sf side. Only serious seller need to respond. Thanks

What is the offer price?

Penang :
Wow, heard there are some foreigner staying in Summerton?

Wow. Do these foreigners own house at Summerton or they wise to rent?

Maybe white but surely not yellow. @leong

I am looking to buy a unit at Summertn, facing Gold Coast. Anyone got any unit to sell?

I heard this project will complete in April, 2014. That means it’s going to complete very soon

Did you hear or did you listened? Fundamentally different in connotation. @Lee

Singh Power Liao :
Did you hear or did you listened? Fundamentally different in connotation. @Lee

any different hear and listen? i dun wish to attend tuition class here.

List, it’s confirmed will complenbte in April 2014.

Singh Power Liao :
Did you hear or did you listened? Fundamentally different in connotation. @Lee

Ah Singh.. try to teach English here ah?

Nope. Ensuring fact and not hear say is shared. Far to many hear says are shared. Validating facts is a lost art, or perhaps simply boils down to apathy and the culture of not taking responsibility. A counter intiutive culture that is just ingrained deeply within the fabric of the community. May be one does not understand or mature enough to take heed that, hear say, when its negative can be very damaging. One of the downside to social media is allowing anyone to say anything in the name of freedom of speech but not articulating factual messages. @Lecture

Just brush up your English, then take a class in communicating accurately. You should at least be half baked by then son. Perhaps you would have heard of a dictionary? @Lee

Singh Power Liao :
Nope. Ensuring fact and not hear say is shared. Far to many hear says are shared. Validating facts is a lost art, or perhaps simply boils down to apathy and the culture of not taking responsibility. A counter intiutive culture that is just ingrained deeply within the fabric of the community. May be one does not understand or mature enough to take heed that, hear say, when its negative can be very damaging. One of the downside to social media is allowing anyone to say anything in the name of freedom of speech but not articulating factual messages. @Lecture

But no one can understand you wo…

Then brush up your English. The world does not operate in your lingo and your atrocious version of English. More people dont understand your message, hence not understanding you is a bigger problem. Simply putting it in a form you will understand – You must better your England leh…@Lecture

Singh Power Liao :
Then brush up your English. The world does not operate in your lingo and your atrocious version of English. More people dont understand your message, hence not understanding you is a bigger problem. Simply putting it in a form you will understand – You must better your England leh…@Lecture

How come nobody can understand you ler? Smart alec…

You represent everybody? Because if you do, then only you can use the word nobody. Maybe its only you leh…boh chap liao @Lecture

@Singh Power Liao

Okie… smart aleck…

Ok boh pa keh @Lecture

@Singh Power Liao

Aiyo.. why so kecik hati?

No worries, all is good. You have a good week and Happy New Year to you.@Lecture

Anyone know what is the market value now?

Pang :
Anyone know what is the market value now?

No market value, no sub-sales had been transacted yet.

Goreng :

Pang :
Anyone know what is the market value now?

No market value, no sub-sales had been transacted yet.

Based on agent, the value suppose be around RM600 per sf. Once completed, shud go up to RM650.

Goreng :

Pang :
Anyone know what is the market value now?

No market value, no sub-sales had been transacted yet.

it shud be RM600 now
Based on agent, the value suppose be around RM600 per sf. Once completed, shud go up to RM650.

I believe it will go u furthe since its prime area

Keong :
I believe it will go u furthe since its prime area

The only issue is on traffic….but actually Penang had started traffic jammed every place.

hiw is the eeveloper? Hos is the workmanship?

Mustafa :
hiw is the eeveloper? Hos is the workmanship?

I heard not too bad…just heard only nit listen

@Kumar
I wish it’s $600psf by now, that will make some of the 2400sf units to reach $1.44 millions, but this is still paper price from hear-says. While Putra place at 1000sf is still selling at $550k, asking place.

Goreng :
@Kumar
I wish it’s $600psf by now, that will make some of the 2400sf units to reach $1.44 millions, but this is still paper price from hear-says. While Putra place at 1000sf is still selling at $550k, asking place.

putra place is old building but new project like summerton is fetching better price

GSD is selling at 600psf now for the remaining units which are mostly 1950sf type. This price is certainly valued by its panel bank.

@MM
Tag the price at $1.17 millions for 1950sf units, well, that’s why they are still selling…., not sold. Beware of the affordability level, $550k an unit vs $1.1 million an unit, who has more potential customers? The age of a building is not that relevant, it’s the maintenance condition, frankly speaking, PP isn’t that old.

Mustafa :
hiw is the eeveloper? Hos is the workmanship?

No completed project, don’t know about the quality, But don’t understand why the bricks use to build the building is with different colour. You can see it when pass by there. Very obvious colour difference, for the brick.

walao eh :

Mustafa :
hiw is the eeveloper? Hos is the workmanship?

No completed project, don’t know about the quality, But don’t understand why the bricks use to build the building is with different colour. You can see it when pass by there. Very obvious colour difference, for the brick.

Base on show room, the workmanship is excellent. Dun forgot, GSD Land won the top 10 most oustanding award

agreed…it’s very impressive @Agent

Hi I am looking for a unit at Summerton, does anyone plan to let go?

I am owner interested to buy one unit, measure 1300sf. Pls drop me email if you wish to sell. Only serious seller need to response

Kong kong :
I am owner interested to buy one unit, measure 1300sf. Pls drop me email if you wish to sell. Only serious seller need to response

Susahlo, no one were wanted to sell

lee :

Kong kong :
I am owner interested to buy one unit, measure 1300sf. Pls drop me email if you wish to sell. Only serious seller need to response

Susahlo, no one were wanted to sell</

how is the effect of pWC to Summerton? Hos is the potential growth? Anyone got any commenta.

ping :
how is the effect of pWC to Summerton? Hos is the potential growth? Anyone got any commenta.

The effect of PWC is too great….the price is shoot up high to RM650 per sq now…

OWR is selling at RM850 psf now.

Anybody take loan start to pay installment?

When the unit will be ready?

Kin :When the unit will be ready?

I believe should be August Month

Great…seems like Summeeton is heading to compleiton soon. Anyone know what is current market value?

Head there will have bicycle run path untul georgetown…anyone has any idea?

Hi all, I am interested to buy a unit of 1300sf. Any unit available? Onkly serious seller need to respond

Ali Mustaza :Hi all, I am interested to buy a unit of 1300sf. Any unit available? Onkly serious seller need to respond

Susahloo…all units sold out

anymore unit there?

my friend own a unit there and he wanted to sell of once OC obtained. price is crazy now speculated upto 1mil sub-sale price. Really good investment for the 1st hand buyer….

hamos :
my friend own a unit there and he wanted to sell of once OC obtained. price is crazy now speculated upto 1mil sub-sale price. Really good investment for the 1st hand buyer….

that is true….Summerton is quoting at RM650 sf now. I belive it’s cheaper at tge prime area there

Do you know when the unit will complete? @SK C’ng

Investor :
Do you know when the unit will complete? @SK C’ng

Base on GSD Land, the unit expected to complete in July or August. Its complete soon in next few months…

Very surprise…despite government effort to cool down property, yet the price still continue going up high. I see the elit also asking fir 740k now before oc@SK C’ng

Burhan :

Investor :
Do you know when the unit will complete? @SK C’ng

Base on GSD Land, the unit expected to complete in July or August. Its complete soon in next few months…

I am looking for a unit to stay. Anyone got any unit to lets go? I had looking fir a unit here for quite sometime but yet to find one. Other project like Penang World City is just too expensive, selling sky high price at 800 per sf afetr rebate. So belive Summeryon still cheap

BRo, PWC is free hold but Summerton is lease hold. Cannot comparel la..

Hi bro, yes Summerton is lease hold but State land had converted to 99 years…if u look at One World also lease hold only 75 yrs, the price comapre with Elite and Dpiaza is the same. One world is lease hold but Elite and Dpiaza is free hold. So what is the point paying so high price for PWC if the pricing is so much different if compare with Summeryon? I am talking if deffierent more than 300 per sf. Just a thot

Summerton :
Hi bro, yes Summerton is lease hold but State land had converted to 99 years…if u look at One World also lease hold only 75 yrs, the price comapre with Elite and Dpiaza is the same. One world is lease hold but Elite and Dpiaza is free hold. So what is the point paying so high price for PWC if the pricing is so much different if compare with Summeryon? I am talking if deffierent more than 300 per sf. Just a thot

Agreed with lease hold and free hold arugument..ultimately, investor will decide which is better

Judge :

Summerton :
Hi bro, yes Summerton is lease hold but State land had converted to 99 years…if u look at One World also lease hold only 75 yrs, the price comapre with Elite and Dpiaza is the same. One world is lease hold but Elite and Dpiaza is free hold. So what is the point paying so high price for PWC if the pricing is so much different if compare with Summeryon? I am talking if deffierent more than 300 per sf. Just a thot

Agreed with lease hold and free hold arugument..ultimately, investor will decide which is better

I thaught Summerton is closer to Quens Bay which is easy and covenience?

Good argument. All free to give input and investir to decide the path

Folks, anyone got any unit to sell?

Bosan :
Folks, anyone got any unit to sell?

Susah lo….but can try luck adter OC

fly :

Bosan :
Folks, anyone got any unit to sell?

Susah lo….but can try luck adter OC

i think phase 2 still got few unit left

pls act fast before it is too late. see PWC is coming up@PEE

Phase 1sold out

will check with developer on Monday if got units

Developer still have a few units at from $600psf. Go to have a look.

Goreng :
Developer still have a few units at from $600psf. Go to have a look.

i just booked a unit…believe this area with growth further

Congrats..u make a rite choice
@investor

Anyone got unit to sell?

More and more people looking for property at quensbay…

@investor
Excellent, you got the 2006sf unit?

May I know where is the exAct location of the office and the operating hours ? Thank you

Goreng :
@investor
Excellent, you got the 2006sf unit?

rite, how come u know this?

the project located in between 2penang bridge, to be more specific, it is located between quensway and penang world city. in other world, it is a prime and high growth area. people are tlking tgat this is second gurney…if yes, then the growth had just started. @Oh summer

chua :
More and more people looking for property at quensbay…

true…in fact there will be 2 more last project coming out there, asking for RM 800 per sq. well, in anither 2 yrs, i forsee will price at min RM 1000. pls act fast…just a analysis

My college from Holland also like that place a lot. He is planning to get a small unit at that area. So not just local interested, but foreigner also, of course not banglalah

P’ng :
My college from Holland also like that place a lot. He is planning to get a small unit at that area. So not just local interested, but foreigner also, of course not banglalah

Agreed and i am particular impress with bicycle lane which other place not able to offer

Penang has too many rich people….i salute u

Why so desperate? Cannot find buyers to flip is it? Foreigners cannot be interested in this area lah. They are not interested in malls……

pp :
Penang has too many rich people….i salute u

Penang us a place suitabke for stay, work and play…..local n international

with PR rule Penang, thus make Penang a perfect place to stay

win :
with PR rule Penang, thus make Penang a perfect place to stay

trully agreed…we can see ourselves the clean, green, efficient and committed state gov

Many people said invest in Penang will not gone wrong.

will not go wrong ah? Hahaha…things are about to go very wrong soon!

@investor
I guessed. I was there to look at the remaining units, found 2 more 2006sf corner units, earlier. I was thinking 2006sf was still having better layout and view than the 1840sf and 19xxsf units. So, my guess was right. Hi neighbor!

supercar :
will not go wrong ah? Hahaha…things are about to go very wrong soon!

Ok..will go how it go

Hi, I am selling my Sky Villa @ Summerton unit 2356sf. It is VIP unit with private lift access and 2 VIP car parks. Developer price is 1.5m. My unit is high floor clear seaview according to the developer. Anyone interested send me your contact at btnlee@yahoo.com. Thanks

change of contact. Send to 168leel@gmail.com. Thanks

Benton :
Hi, I am selling my Sky Villa @ Summerton unit 2356sf. It is VIP unit with private lift access and 2 VIP car parks. Developer price is 1.5m. My unit is high floor clear seaview according to the developer. Anyone interested send me your contact at btnlee@yahoo.com. Thanks

Hi, i am interested on your unit. Does the price negotiatible? High floor is ok fir me

If sold at RM1.5m aredi earning more than 40%, my opinion, no issue to give 5% discount@Kasim

Hi Kasim, please email to me at 168leel@gmail.com. Thanks

Have one unit for sale. RM1.6M.
Call / SMS/ Whatssap me
Alex (agent) 0124514579
Email: zernforever@yahoo.com.my

@Benton

I have upgraded to 4 car parks. Anyone interested to buy my unit please email me at 168leel@gmail.com. Thank you

Hi, I am selling my Sky Villa @ Summerton unit 2356sf. It is VIP unit with private lift access and 4 VIP car parks. Developer price is 1.5m. My unit is high floor clear seaview according to the developer.

I have upgraded to 4 car parks. Anyone interested to buy my unit please email me at 168leel@gmail.com. Thank you

Hi, I am looking to buy a unit at Summeton project. Prebably 1800sf at low floor. Pls drop me email if you wish to sell your unit. Fakhrul1an@@gmail.com. Only serious seller need to response. But agent are welcome too

Fakhrul :Hi, I am looking to buy a unit at Summeton project. Prebably 1800sf at low floor. Pls drop me email if you wish to sell your unit. Fakhrul1an@@gmail.com. Only serious seller need to response. But agent are welcome too

I believe developer is keeping few units for sale after OC obtained..not so sure still available

susuha loh

When the project will complete?

Soon…should be in August

Need to act fast if u have the mo ey to invest…pls dun hesitate to invest in Summeton. Once Penang World City completed

wong :Soon…should be in August

Need to act fast if u have the mo ey to invest…pls dun hesitate to invest in Summeton. Once Penang World City completed….just can’t imagaine how much teh price will be.

investor :Need to act fast if u have the mo ey to invest…pls dun hesitate to invest in Summeton. Once Penang World City completed

wong :Soon…should be in August

Need to act fast if u have the mo ey to invest…pls dun hesitate to invest in Summeton. Once Penang World City completed….just can’t imagaine how much teh price will be.

I had cancel my PWC and booked the Summeeton thinking this should be really worth for money. I trust this will be appreciated once completed

the assessment fee for summerton will be as high as 3k-4k as it is commertial title with big sqft.

spunit :
the assessment fee for summerton will be as high as 3k-4k as it is commertial title with big sqft.

if price gone up by 20%, why worried about 3-4k?

I bought my unit around 350psft. What is the market price now?

@samba

Congratulations samba. I think the market price is RM370psft now! wow!

Pr1ma :
@samba
Congratulations samba. I think the market price is RM370psft now! wow!

my frien, are you u can get so cheap. u must be dreaming. just look at vila emas, u should kniw e price now. dun talk about 800 -900 price tag for penang world city

i just manage to help 1 client to sell unit ar gold coast. the price us 1050sf but facing sea. As faving main riad, the price us 650sf. Anyone interested to buy condo, pls contact hendry butcher

@agent

something is wrong with your tongue, or you’re from indo?…:)

@Pr1ma

My condo is closer to QBM compared to PWC and OC soon. The price now should be higher than 500psft…

If you at the price of mostly newly launched same category class of condos in Penang, at prime location as such this or Georgetown, you will find per sqft already in the region of 1K. Thus it is within this ballpark figure for Summerton. Most of the new property launched these days are commercial titled mixed development. Suave investors, will find commercial assessment is nothing compared to the gain from capital return as proven in Penang properties.

If you look at the price of mostly newly launched same category class of condos in Penang, at prime location as such this or Georgetown, you will find per sqft already in the region of 1K. Thus it is within this ballpark figure for Summerton. Most of the new property launched these days are commercial titled mixed development. Suave investors, will find commercial assessment is nothing compared to the gain from capital return as proven in Penang properties.

@Suave

Since those condos in georgetown are going at RM1k per sqft, and they are all so far away from QBM, Summerton should be going at RM 3k per sqft since it is so near QBM, as suggested by samba.

@Suave

Since those condos in georgetown are going at RM1k per sqft, and they are all so far away from QBM, Summerton should be going at RM 3k per sqft since it is so near QBM, as suggested by samba.

@PussyCat

@Fanny

Both of you are so right… lol…

I am amused that every time a condo is close to completion, the negative statements start to come out, while the owners start to syiok with outrageous numbers but this is economics for you. The negative/sarcastic statements are those from non-owners who wish to buy at a lower price. Owners give ridiculous numbers for whatever reasons. Let’s stick to the facts. 1k is absurd. 350psft is back when nobody knew what an Ipad was. I think 550 to 600 psft is reasonable for now.

nic :
I am amused that every time a condo is close to completion, the negative statements start to come out, while the owners start to syiok with outrageous numbers but this is economics for you. The negative/sarcastic statements are those from non-owners who wish to buy at a lower price. Owners give ridiculous numbers for whatever reasons. Let’s stick to the facts. 1k is absurd. 350psft is back when nobody knew what an Ipad was. I think 550 to 600 psft is reasonable for now.
Current karket price is RM650sf…expect tp go up to RM750 once completed.

Arnyone wish to sell?I am interest to purchase 1 unit at low floor.

RM650/sf? Where got so cheap? Even gold coast, a 20-year-old condo is already selling at RM800/sf, summerton should be at least RM1200/sf! Once completed, should be at least RM1500/sf. I already have offer for RM1200/sf, but not selling yet (a few offers actually at RM1200/sf). I will start to consider once I get offer for RM1500/sf.

@boon

I think RM650/sf is current market price.. of course you can continue to dream big… lol.

Well I am selling my VIP unit 2356sqft with 4 car parks for only RM700 psf. Anyone interested can send me a mail. 168leel@gmail.com. Mine is direct seaview by the way.

I wish to buy a unit at Summerton with the built up size of 1800 sf. Pls provide your particular if you got unit to sell. Thanks

When the Summerton going to complete?

Investor12 :When the Summerton going to complete?

Base on developer, its shud completed in July or August,,,pretty soon

GSD Land company are growing too fast…today theu have advertised to hire almost all vacancy as part of compant expanaisn plan. The company is on the right tarck to growth

Quick…we must visit GSD Land property show now at QB

THe whole building look light green which is ungly to me. Called the developer they said is white, ask them why look light green they cannot answer.
Drive closely and still can see alot of touch up crack line unable to cover by the paint.
Anyone from you have the same opinion as me that the building look greenish…….???

u r rite bryan. It looks ugly! WTF..i thght they were supposed to paint it white. I mistake it for putra place!

@chua
Chua, you should provide your email so people can pm you.

I past by yesterday…..the color foundation look light green from far. Look like developer made a big mistake on color selection…!!!
It now look like Putra Place Generation 2….

confirmed the color is pale green-white. Management ppl decided to chg a while back.
they said no owners had complained b4…

Idun care what color…I care only value. so long value up, why about white or green. the fact iss value up significantly now

guys, are you sure it’s greenish? to me it’s white…

it is pale n gloomy green. compare it with the surrounding condos. summerton looks weak and inferior. ..if u want to knw wat is white, check out the light point or linear condo.
besides, the pale color is see through. i mean it cant hide the crack line of the building.
the unit costs millions. we need to be particular! let’s complain b4 it is too late.

Didnt notice is green color. All the while thought it is white. ..

i do not have any concern with current color tine as well.

daniel, take a real look and compare it with the kwsp building..or if u look at all the colors of other buildings, summerton looks weak and gloomy green white. Hospital color.
Must complain!

I am wondering how state council will value their AVP considering their size, Queensbay and commercial title… don’t tell me lower than RM20k larrr….

I am wondering how state council will determine their annual assessment fees considering their size, Queensbay and commercial title… don’t tell me lower than RM20k lah…. when OC?

Not really sure. Will take a closer look maybe tomorrow.

Anyone has unit to rent? Pls contact my email.
nicoletea88@gmail.com
I am interested to rent when unit is ready. Let me know unit location and price.

Hi, I would like to sell my sky villa high floor ( should come with sea view) 2356sqft.

I am looking at RM1.6M.

Please get in touch with me via email ( allisonchen79@gmail.com)

Thanks.

poon :

nic :I am amused that every time a condo is close to completion, the negative statements start to come out, while the owners start to syiok with outrageous numbers but this is economics for you. The negative/sarcastic statements are those from non-owners who wish to buy at a lower price. Owners give ridiculous numbers for whatever reasons. Let’s stick to the facts. 1k is absurd. 350psft is back when nobody knew what an Ipad was. I think 550 to 600 psft is reasonable for now.Current karket price is RM650sf…expect tp go up to RM750 once completed.

Very well said! thumbs up…..!

Grace :

poon :

nic :I am amused that every time a condo is close to completion, the negative statements start to come out, while the owners start to syiok with outrageous numbers but this is economics for you. The negative/sarcastic statements are those from non-owners who wish to buy at a lower price. Owners give ridiculous numbers for whatever reasons. Let’s stick to the facts. 1k is absurd. 350psft is back when nobody knew what an Ipad was. I think 550 to 600 psft is reasonable for now.Current karket price is RM650sf…expect tp go up to RM750 once completed.

Very well said! thumbs up…..!

i expect the price will go up at rm750 once completed…shud be stabelise at rm800 sf. pls remember this is prine area

Letter from developer was out that (2h) is done so DIBS is completed. Loan interest starts in June?

The building lok exclusive and grand…it’s nice place to stay and good investment

Agreed…building look diferent with other new project. Congrats for those who had boight one

Look like GSD design and progress is fast and on schedule, not sure how about sierra residence and Garden ville. Its almost completed also.

Dunno how much I should sell when OC.

Cheah :
Dunno how much I should sell when OC.

Base on agent fedback, the price will hvering around RM650….

Cheah :
Dunno how much I should sell when OC.

Base on agent fedback, the price will hvering around RM650 oer sf

I observed the unit is good and plan to buy one. I wish to buy at low floor, size around 1500sf. pls drop me email if u have unit to sell. thanks

@Kasim

If can sell RM650 per sf consider good enuf for me.

Cheah :
@Kasim
If can sell RM650 per sf consider good enuf for me.

Market price now is rm600 and obce completed, there shud not have any issue from rm650 to 700 since Summerton is prime area. Surrounding is just too good plus a lot if infratrsuture coming up. If u hold on to another 3 yrs, it shud go up to rm700 easily

This is a time to step back a little. RM650k for a tiny 1000sf apartment? You need to take a drive to batu kawan, check out the house price there, and keep things in perspective.

hendry :

Cheah :
@Kasim
If can sell RM650 per sf consider good enuf for me.

Market price now is rm600 and obce completed, there shud not have any issue from rm650 to 700 since Summerton is prime area. Surrounding is just too good plus a lot if infratrsuture coming up. If u hold on to another 3 yrs, it shud go up to rm700 easily

Actually I like this place. I think can walk to QB. Yes, RM650psf is expensive. Hahaha… but this place I like. Haha..

Ageed with you on some people are always bad mounting these projects.
As they always leave negetive feedback and hope people dont buy it now. Hoping the market go bad then they can pick one cheap unit from their limited pocket money. Haha.
I beleive they not even own one now….

This is normal human behavior….when they got none then they will say bad..when they got one then they will say excellent project.

Anyway, I like so much of this project, this is good project as it located at prime location and the building look grand. Concept also good.

I dont have a unit here…but I still say this because is from my bottom of heart.

Cina-pek aspires to look glamorous, end up buying himself a bird cage, and loitering aimlessly at Queensbay Mall everyday. Hahahahaha!!!

@crocs
u can always go to rural area to buy ur bungalow and wandering happily with ur cows.

hey bang, mai pi lepak kat queensbay!