Anyone has any comment about this project ?
Still launching ?

hye ken, this project already launched last march 2011 but there still have available units…better u go to their developer to see it and our bank (affin Bank) is panel banker for this project and we offer better and attractive rate to customer…

As of now, there is not many units left compared to the past 3 months. Now in the stage to sign S & P for block M. Block I already finished signing S & P. Not only affin bank, there is other as well EON, Ambank, HL and OCBC but some might have their quota full already.

As I know most of the units are sold out, it is only left Penthouse and Duplex unit.

The traffic at this location is the main concern. But, the expansion of the road will make the traffic more smooth.

It’s not bad for own stay especially who works in Bayan Lepas or Bayan BAru Area.

stupid sales person can’t even understand hokkien and reply me in english…when i try using english, don’t even understand what is the show unit or show room but point me to the layout picture..I KNOW WHAT IS A LAYOUT, you think I’m an IDIOT/BLIND?!…then some senior sales auntie pandai pandai come and challenge me what’s the difference between show unit and show room…read my LIPS…SHOW UNIT!!! Can’t understand plain simple ENGLISH!!!

Hi all im housing loan officer from affinbank if you can contact me for loan application.Thank you

Housing Loan Officer :
Hi all im housing loan officer from affinbank if you can contact me for loan application.Thank you

Stupid affinbank officer no contact put how to contact?? Really a stupid bank stuff

Hi all you can contact me nirmaladevi@affinbank.com.my / nirmala_831@yahoo.com or my hp num is 016-4023110.Thank you

Any one know the S&P already get stamped?

What is status of this project now ?

Status is signing S&P, while the site is already cleared, anyone can confirm the piling is done?

Currently in Bayan Baru area has commercial/office lots like Suntec, D-Piazza, Bayan Point, Crystal Point, i-Avenue, Queensbay; and coming in ~3 yrs time:- Elite Height, One World, Arena, sPICE, Quartermile/SOHO, and not so far Southbay Plaza (launch next month); Question: can this TGT join the “war” after 3 years?

@Hernan
When the S&P will get stamped?

Ah Dog :Currently in Bayan Baru area has commercial/office lots like Suntec, D-Piazza, Bayan Point, Crystal Point, i-Avenue, Queensbay; and coming in ~3 yrs time:- Elite Height, One World, Arena, sPICE, Quartermile/SOHO, and not so far Southbay Plaza (launch next month); Question: can this TGT join the “war” after 3 years?

Add in another rival, Penang City World, how this TGT can be a success one? It is surely design for failure. Plenty of empty shop lots down there will create a lot of problem, may be there will have illegal business down there, that will lower the entire value of property.

Good what, can go down to the shop lot to lend money (Shark money lender), buy DVD, massage with extra service, ‘papaya lounge’, mesin kuda, internet cafe, small dragon girls, etc. So happening.

Don’t forget also ‘ Bananas Lounge’.

Why did you guys purchase a property which don’t even know when to stamp??

The developer will only let you know when is the expected date to sign S&P, now is still in progress of signing due to many units and buyers, after done signing S&P, then only will proceed with stamping, when you ask, your answer is always ’till the S&P sign completed, then we will proceed with stamping’ in bulk.

Btw, how they are going to stamp the S&P that fast even without confirm the car park allocation? All buyers, do you know your car park allocation? Still pending for ‘architect’ to allocate.

You should write-in to request early stamping as they’re just delaying their time as they knew they wont be complete in 3 years time. This project was launched 2~3 years ago and now still at the first stage (SPA Stage)

This project only launch mid of last year, 2010, and fully sold/book during CNY this year, 2011. Not that scary 2-3 years back. Now still left some penthouse and duplex, and shop lots (which is design for failures like what previous comment up there)

Write in will help? I think we all buyers need to monitor closely on the site progress. Regarding the shop lots failure, i also see the same thing, but i will sell it after completed, interest free, and sell it RM150k higher than original price, sub sub sui, i can easily earn RM100k net profit after investing RM40k now, and return in 3 years. So, don jealous ya, even the price now already increase RM50k, who care on the shop lots?

Is this project stayed already?

hi buddy ……. any latest news ???

@peter
What do you mean stay already? It is in piling progress.

I already got my snp copy, stamping date was 10 Nov 2011…

i also get snp coy, date in Nov 2011.

i oso get snp dd NOV , but still no info for location of free car park … any share for tat?

Kindly check out for more details as below.

http://www.theedgeproperty.com/news-a-views/4282-cityacountry-gim-makes-its-presence-felt-in-penang.html

Yup, the car park allocation i heard is a bit messy and undecided.
Can anyone wish to let go his unit of tower M, please don’t hesitate to let me know. ronan_00@yahoo.com

anyone know what is the latest progress? i need that house for my own stay after married………..

So far so good, as you can see the progress of construction so aggresively. Just hope, they will keep the promise to widen the road into 3 lane on each direction (Jln Paya Terubung); and also hope the Jln Dato Ismail Hashim, can be widen too. Btw, this T-junction will become super duper busy and heavy in traffic once this TGT completed + the New Pasar also at that T-Junction. Sg Ara/SP Setia/One Residence/Meridien/Relection will be fully completed in 3 yrs time, so, the traffic movement to SG Ara area thru this Junction will be very heavy. TGT will have very noisy living environment = Busiest T-Junction + Pasar + Commercial Downstair (the commercial shoplots will make this condo crowded, far more worst than U-Place), midnitght can hear those coffee shops/seafood stall king king kiang kiang keeping their table & chair.

Start seeing a lot of buyers want to let go their unit with ~RM420k for 1150sf unit….can this transaction happen?

They start to regret!

@Ah Dog
Why not? The selling price end of Dec 2010 for 1200 ++ sqft just Rm300k.

This is something like Setia Triangle. Which one is worth to buy?

@JT

Yes. Location, price, layout, density, developer different only… depend on your budget lar… hehe…

This one is going to be bangla village and ghetto, can eat roti canai at downstair shops, play machine kuda, borrow money from lenders, all kind of illegal stuff at there. Don buy condo with shoplots.

The subsale of this project once completed will be very super duper challenging, if the management didn’t really get most of the thing right. The price will all stay below RM500k for most units which sounds really not a good return. Once completed, massive owners will pushing really hard to get their unit sold as don’t want to serve the installment that will begin right after the VP. The price will further push to pretty low. That area has a lot of other better option like SV, GV, One Imperial, TK Residences, etc. The shops will definitely screw up the ideal living environment.

If you are in Singapore , many condo will build with shoplot underneath. This will be the trend now. I can see the price with $ 348/ sqft currently still worth to invest. Just went to Star property fair all of them are higher that above and most of them will complete on 2014/15.. When I compare with One Imperial, it is like $380/sqft about the same location.. TGT still worth to go…

They are releasing all remaining units now, so, what is the price per sf?

I think bumi and those loan not approve one, surely hit RM500k range.

but the quality surely will very poor, as most ppl start to worry d, so, drop their purchase. Fcuking developer with suck project.

Ah Dog start talking about good things of a project, I can assure that he bought a unit at TGT.

I passed by this project this morning, the project had stopped working on it, so far after 2 years, it was built to 2nd floor only, which might take up to 30 years to complete the whole project I guess.

They don’t have any further carpentry works carried out for the 3rd floor slab, seems like this is going to be an abandon project.

Anyway, how to subsale during construction period? I heard the bank will not release the money until O.C. Right?

Ah Dog, prepare to lose 10%? TGT is not moving and moving very slow, what are u suppose to do now

I understand that the project to be completed by end of 2014. If they cannot complete in time what will be the consequences to buyer and developer?
What can we do since we already signed up the project?

got people drop out!!! still got units for sale!!!
just receive the SMS.

I heard they got rebate issue, the developer wants them to pay the rebate as interest upfront. Seems like the developer is running out of cash

Ah Dog :So far so good, as you can see the progress of construction so aggresively. Just hope, they will keep the promise to widen the road into 3 lane on each direction (Jln Paya Terubung); and also hope the Jln Dato Ismail Hashim, can be widen too. Btw, this T-junction will become super duper busy and heavy in traffic once this TGT completed + the New Pasar also at that T-Junction. Sg Ara/SP Setia/One Residence/Meridien/Relection will be fully completed in 3 yrs time, so, the traffic movement to SG Ara area thru this Junction will be very heavy. TGT will have very noisy living environment = Busiest T-Junction + Pasar + Commercial Downstair (the commercial shoplots will make this condo crowded, far more worst than U-Place), midnitght can hear those coffee shops/seafood stall king king kiang kiang keeping their table & chair.

Haha, first of all, was my most recent comment talking good on this project? I just comment on the fact and prediction in near future. I didn’t buy any house ‘on top of shoplot’, this is the most no no for me, yes, never. I don’t want to insult all the buyers, as most people like convenient, so, good choice for them.

@JT
If can’t finish, then they compensate you. As the S&P already stamped i guess, my colleague said. If the S&P just stamped, they can delay till 2015 only hand over the key.

@Kia Si
From 26th till 29th July, in QB, go road show, ~RM340psf, still very attractive price, why? haha, you know la.

Every buyers will know, this project is going to be sucked and commercial will fail to be any good business there for convenient. Probaby convenient for go play internet game or snooker when you boring, or buy toto/magnum/big sweep, or money lenders, chai tiam ma, kedai 5 ringgit, bangla kedai runcit, or maybe kedai/restaurant 1 Malaysia can be opened there, and during election, can be rent out for campaign center. You will see more than 80% of all units go into subsale when completed, as most buyers want to invest but couldn’t find any good project, so, they just simply grab and for no interest, good deal what. Those buy for living, good luck.

@Jonas
No cash, then cost cutting lor….very simple method in running business. A lot talk about pizza condo quality no good, I think this one can be even worst. So, don’t complain if crack here crack there, leak here and there. Don’t wast energy complain, but just quickly sell out with lelong price.

Wander why almost every project i monitor so far, sure got ppl claim about the bad developer reputation, cut cost, abandon, slow progress and so on. But those condos, eventually completed and owner made ~2 fold profit.

D’Piazza, Vista Gambier, Ideal Regency, One World…. now TGT.

I also wonder why no people comment about potential abandon project by IJM, Mah Sing, E&O, BSG, Tambun Indah, Ivory, etc.

anyway, abandon risk is very low on Island, but delay and eventually end up with poor quality easily can happen. go and ask TNB or PBA or any government agency internal people, they have tones of story on this and that project stop for a while due to the pipe use not meet spec, bla bla bla…..then after settle, then project resume back, always happen, but who care the quality especially those you can’t see? Now, it is still too young for all the high rise that we have on island to face any ‘serious’ quality of construction/material issue, but will sooner or later, perhaps another 20 to 30 years. Simple engineering term:- Quality not equal to reliability, quality is what you can see nicely when completed, no crack/leak; but will it reliable in 30 yrs?

As long as can last for about 5 years without crack or leaking, then can consider super duper good already. Apa then, what you expect for? Even a luxury condo like Palm Palladium also kena leaking….later in Penang, the most profitable job is ‘cure the house water leaking’.

Please lah, Palm Palladium where got luxury??? lousy material/design and looks cheap. But I do see a lot of patches to cover crack lines on Bayswater’s outer walls.

@Zakarria
Do you know WTF of that patches that normally saw on the walls on most condo? That is to cover the cracking gap to avoid futher water seepage into the wall, and make the internal wall get mosit and get fungus. That was the problem that I’m facing right now and fungus behind the cabinet. Who the Fcuker saying quality is not important, then will see lot this kind of problem after move in.

never mind, just sell it before the cracks get worse.. and earn the $$

Yes, quickly find water fish to sell to; can come with full aircon, furnish, kitchen cabinet (buy from Ikea), and package it well, then sell at RM800psf, this can be the market price during 2015, so, RM900k for 1100sf unit. Dream tonight, you will got it.

@wbk2
buy UHU or elephant super glue to fix the crack

Any one can help me clarify my doubt about the resident unit will carry residential title or commercial title? Any legal document got state this?

Here is the latest progress:-
http://www.goldentriangle.com.my/page/news-events.aspx

The project is on schedule.

TGTCondo :
Here is the latest progress:-
http://www.goldentriangle.com.my/page/news-events.aspx
The project is on schedule.

Photo same like what people comment earlier..only reach 1st floor only. So many floors when to complete? Not even complete the car park lah.

@Pen1
No need to worry, now technology very high, can complete in 2 years, just want or don’t want to do only. Now construction concept is need to be fast, no need to last forever, 50 years are sufficient.

Throw in 10% of the purchase price and wait for them “want or don’t want
to do only” ? Why not put your money in some other property ?

@J & J
With the success of the Pizza Condo, from ~RM280k until now hit RM550k, average RM200k profit, so, all buyers of TGT just hoping to dump 10% or about RM50k (roughly), then wait till completion, and sell it, earn about RM100k. Simple math, now you take out RM50k, after 3 years, take back RM150k, where to find this ‘kang tao’?

@Ah Dog
It is all about timing lah. During the start of boom time 3 years back even you buy N-Park also from 130K to 300K now. But now very difficult lor, price may go underwater 3 years later. So many competing projects around and economy very unclear. Developer also may bankrupt if cannot turn around. Good kang tao insider will sapu all already, but now still got left over after so long. risk pretty high.

@Pen1
Btw, what you mean about ‘got left over after so long’, you mean TGT got left over many units? Yeah, you have some point on the price increase, when N-Park reaching RM200k, a lot ppl said at the top already, just got the price, but no market, no one will buy at RM200k, can’t buy for invest, even agent said that, not encourage to buy, but now, start seeing RM320k for N-Park already. Many projects competing around, but the price is at record high. The price will not underwater, but need to wait longer for population to growth and statistic do show Penang population is growing fast compare to any other cities in M’sia beside KL and JB. KL & JB surely booming in population due to greater KL project and Iskandar, so huge the land size and plenty development can go. But in Penang Island, no more, all saturated seems like Hong Kong and Manhattan, so, the property price surely keep on increasing, at least increase slowly and will not drop.

Unless, the project is really poor like what is expected on this TGT, the shoplots will totally mess up the residential environment.

Ah Dog, this is the first time ever I saw developer with such slow progress

Anyone can advise that worth to buy this project?

@charsiew
Haha, i saw another one, One World also like kura-kura project.

@Sg Ara
Sorry, for my opinion, not worth to buy NOW! I would seriously urge you to buy One Imperial that near by, although by Ideal, but, just take some little more risk, btw, Ideal is progressing well on it’s landed project. One Imperial only residential, unlike this one, the environment will be screwed up by the commercial shop lots, don’t expect it will be like Penang Times Square, even Penang Times Square also not progressing good.

Saw the progress of this project, but just few people working, or may be puasa, can’t work so hard.

This project is fuxking slow….close shop better

How you know?

Ah Dog :
@Sg Ara
Sorry, for my opinion, not worth to buy NOW! I would seriously urge you to buy One Imperial that near by, although by Ideal, but, just take some little more risk, btw, Ideal is progressing well on it’s landed project. One Imperial only residential, unlike this one, the environment will be screwed up by the commercial shop lots, don’t expect it will be like Penang Times Square, even Penang Times Square also not progressing good.

Thank you for advising me, Ah Dog.

In fact, how many units in TGT vs One Imperial?

How is your opinion other projects in Relau and Sg. Ara like The Reflection, Orchardville, Merridien, Zan Pavillion etc? I plan to buy for own stay

Thanks.

TT :
This project is fuxking slow….close shop better

Hi TT,
How to determine or we know that the progress is slow? I mean other project as well…not only TGT.

You can buy any condo, but not this fuccking condo with lot of shop lots, it is no different with low cost home. It will collapse….

Hi, Cock, what do you mean ‘it will collapse’?

@Sg Ara
Just my opinion:- in fact, if buy for ‘own stay’ then you will need to see what is your budget? If meridien orchardville or reflection, the price will be RM500psf above, expensive and can go for it if you have budget of RM600k+ and RM150k (for renovation); while still need to wait for ~2 years (you don’t want to move in so fast once completed, as lot of dust and noise, at least after 6 month or more after OC). If you can’t wait, then Zan Pavilion can be good one, RM620k for 2000sf, but need to chip in RM150k++ for renovation, the surrounding is so so, but not poorer than any of the above mentioned. So, if budget allowed, then can go for ZP with total RM750k++.

For TGT, don’t buy; for one imperial, for own stay, need to wait ~4 to 5 yrs, both also very high dense (more than 600 units, while OI is over 700 units). If your budget is at RM500k, and want to move in soon, then can consider Bukit Jambul Indah’s Alpine Tower, Lakeside or Parkview. Although they are all leasehold, but very good environment, with international school; and price is reasonable with full reno/furnish. That area is far away from hassle, while close to eSPICE, shop lots (like TGT), etc. According to some agents, a lot of first entry house buyers target that area to start family. Price with ~RM350k for Lakeside 1070sf, ~RM390k for Parkview 1200sf or ~RM500k for 1500sf, while ~RM450k for 980sf or ~RM480k for 1150sf Alpine Tower (low dense and nicer).

@Sg Ara
Relatively deep in SgAra there are Reflections, Meridien, Fiera Vista. Landed houses by SP Setia and One Residence by IDEAL make the surrounding area very nice, peace, serenity with good neighbourhood. The area is mild to moderate density and more privacy. For own stay better choose that locations.

@aizen
Agree with your ‘good environment’, peace, etc…but definitely not a strategic location yet the property price are expensive on those you mentioned. Landed house yes, no choice, need to live deep into that area, but now condo are also growing, that area will be very jam in near future.

Economic Crisis :
@Sg Ara
Just my opinion:- in fact, if buy for ‘own stay’ then you will need to see what is your budget? If meridien orchardville or reflection, the price will be RM500psf above, expensive and can go for it if you have budget of RM600k+ and RM150k (for renovation); while still need to wait for ~2 years (you don’t want to move in so fast once completed, as lot of dust and noise, at least after 6 month or more after OC). If you can’t wait, then Zan Pavilion can be good one, RM620k for 2000sf, but need to chip in RM150k++ for renovation, the surrounding is so so, but not poorer than any of the above mentioned. So, if budget allowed, then can go for ZP with total RM750k++.

Economic Crisis…..Thanks

But, went to Queensbay last week. All units were sold out. It’s look like quite popular and it’s approximately RM400psf.

I found that there is another project in Sg Ara, The Clovers by Asia Green. What is your opinion for this project? Approximately not more than RM500psf.

Yes, The Clovers was launched in April, only two towers were launched, almost all sold out. This project is definitely over priced, so you can enjoy the zero interest until completion. The other 2 towers will even more expensive, I think when launch, will be from RM700k++ onwards for smallest size ~1500sf. This condo is going to have new concept on the lift, but many worry on the maintenance and the fees It is not so cheap for investment; while not so soon for own living (even for own living, need another RM150k at least for renovate) About ~RM850k++ (Loan + Cash) Condo for own living in year 2016? Meet your budget? It is definitely not for young couple (working with a degree) with no strong financial family background.

Ya, if have budget, better buy at bukit jambul indah, better living environment. this one really suck, can consider if not budget.

No matter how, i think this project is super duper easily rent out when completed, can rent to average workers due to convinient of the shoplots. It can be a big ‘hostel’ for workes and student, from local and international.

I believe Golden Triangle is located at strategic area as it is close to SPICE as developed by SP Setia.

In term of price, I believe it is most reasoanble as compared to other projects in Sungai Ara.

@charsiew

Many project also slow slow la. D’Piazza also took 4~5 years to complete, Ideal Regency also took ~5 years.

Elite height and TGT is almost launched at the same time, now Elite Height just slightly faster la.

To me, not to worry so much unless the economy really collapse and the developer close down. Otherwise, no reason for them to stop the project as along the progress, the can collect money.

No not so worry about the noisy environment too. I believe all buyers know the location and understand that T-junction is the super jam one during the purchase. If you really don’t know and hantam saja during launching, it is your own mistake to buy property without study in details. This project is part of the city area, the selling point will not be greeny environment or fresh air, it will be the conveniences to go to work and for daily activities compared to those deep inside the Relau and also Sg. Ara.

As for shoplots, the shop house nearby also no bad, many shops open business. Probably because lack of commercial lots in that area. I think it will be better than D’Piazza mall which having direct competition from Sunshine area, Suntec, Quater mall, wikimall and 1 world. Coming up Elite height and Areana also got shoplots if not mistaken.

No need to be panic so early, unless no progress for ~6 months……

Of course, I am also 1 of the buyers so I talk about good things only. When I book 1 unit in 2011, I already foresee OC only in 2015 although the sales said early 2014. Just wish everything will be find.

Buyers can join the FB of TGT. The are owner upload progress photo inside. But I very long time haven’t check it liao.

may become full of foreigners like BJ court !

@SCR

Maybe, but after all the condo/ apartment/ flat in Relau area.

@Bryan
Sorry to say that, this TGT is going to be very likely become BJ court due to very less local living there as many shops like kopitiam, roti canai, internet cafe, night club, etc. will expected to be there. I would say higher class of shops and business will locate at Elite Avenue, that will come together with Jusco.

Is Jusco confirm will open another branch at Elit ?

Ah Dog :
@Bryan
Sorry to say that, this TGT is going to be very likely become BJ court due to very less local living there as many shops like kopitiam, roti canai, internet cafe, night club, etc. will expected to be there. I would say higher class of shops and business will locate at Elite Avenue, that will come together with Jusco.

To some extend, I agree with you. I do not expect TGT shoplots to be like the shoplots besides QB, I-Avenue, Crystal point and so as the Elite Height (Acutally I am still doubt. With Jesco doesn’t means there will be high class business opened there. Giant is also beside only). I will expect something like the shoplot which the Relau Public back is, and the new shoplot besides it by Airmas, so as the new shoplots facing the jln Paya Terubong, plus 2~3 old row of shoplots there, or something similar like Ivory Plaza. The business opened there is mainly local businessman. The most you can get is KFC/ McD.

Btw, what you mean by local living? People who originally live in that piece of land? Now maybe not but there are a lot of projects behind TGT until the Relau valley. This place is/ will be crowded by local living, of course including the foreign workers. But the foreign workers will mainly in the Relau valley (and the flat behind Public bank) and will be less towards this end.

Actually last time many people also commended that D’Piazza also will become BJ court. But until now, it haven’t be…. yet, maybe.

GSD land suddenly so aggressive..Unsure its end of product but definitely the golden triangle has been dragged very long. One imperial just behind..maybe abang adik..this area will be super densed, hopefully the planned 6lanes of highways is on the card..

@jackie

GSD land aggressive on what?

Really densed, but what other choice we have in island right now? Have to bare with it. One Imperial RM380psf…… crazy liao.

GSD Land projects
Sierra, TGT, GardenVille, Summerton….
all under them right?
If One Imperial is 380 per sq feet. Sierra Residence still seems a good bargain.

@jackie

Oh… aggressive means GSD land have many projects on hand. All this launched in past 2 years. You suddenly say suddenly, I tot they built TGT aggressively in the past few days/ weeks…

Not if. Confirm RM380 psf, included only 1 car park, each level + 1.5K and pay more premium for pool view for One Imperial. 80-90% booked. Heard that they may increase it to RM400+ psf for Tower A & B.

And Garden Ville from GSD Land by year end will be RM400 psf.

Pls act before it’s too late…you will never get wrong purchase a prperty in penang

Bryan, 380 RM per sq feet still looks a bargain actually.
I wonder TGT will be finished within time frame or the residents there will get compensation from that which is 10% from the initial purchase price from daily basics.
So the time you signed the spa, please check this clause which is very important

jackie :
Bryan, 380 RM per sq feet still looks a bargain actually.
I wonder TGT will be finished within time frame or the residents there will get compensation from that which is 10% from the initial purchase price from daily basics.
So the time you signed the spa, please check this clause which is very important

RM380psf is the minimum for OI. Some tower RM390~400psf. Heard another 2 towers will be opened to public at RM420.

Yesterday lunch nearby TGT and saw the work in progress well. The SPA stamping was around last year end, if I remember correctly. So, they still have time until end of 2014.

Ahmad Fairuz :
Pls act before it’s too late…you will never get wrong purchase a prperty in penang

Just saw this news…you can be very much regretted if simply purchase a property in Penang (or anywhere else) without using brain..
https://www.penangpropertytalk.com/2012/09/shop-owners-cry-foul-over-strata-titles/

the penthouse still got ? cause i want to book and can you pls give me the price and area thx.

@ a ring

All sold out since last two month

Observed TGT contruction work till late night. Good sign

kevin :
Observed TGT contruction work till late night. Good sign

They only have 2 years time to complete it….. sure need to be fast.

anyone willing to sell 1260 s.f. or 1165 s.f condo in Golden Triangle relau ? My contact number is 010-770-0098. I’m willing to buy it.

@Bryan

It is take time for the foundation & pilling work. Once the foundation is completed, the remaing should be very smooth.

@joshua

How to sell as the building is yet to complete? As I understand that all buyers had signed SnP beginning of the year or end of last year.

If someone willing to sell, how much could you offer?

Just forget about this condo, and go for One Imperial or Garden Ville if you really like this place. This condo is going to be like flat with massive busy business at the bottom.

What busy business at the bottom?

This project will take 6 years to complete

Ah Dog :
This project will take 6 years to complete

Good. No need to pay tax….

Of cos, only if it can be finished. You all good luck. Ensure dont stuck all your cash in this projects, or project stop half way.

I bought one unit in TGT, I still doubt with the car park. Even you sign the S&P there still not indicate the car park number that locate for you. I can see other project , the S&P indicate very clear which car park lot number belong to you. When ask the TGT sales office, they claim that the achitect will let you know later during OC…what is this ?

@AK47
Unit are all sold, do u think it will abandon? Developer getting more than when complete rathe than stop it…pls note, road will expand to 4lane, in front will have market, there is new road leading to sag area, gov clinic will relocate, etc. pls make wise judgement. I got offer which can earn 50k but not willing to let’s go, simply I foresee will earn 100k once completed. Lets see

AK47 :
Of cos, only if it can be finished. You all good luck. Ensure dont stuck all your cash in this projects, or project stop half way.

You must be missed a lot of boats with this mindset.

JT :
I bought one unit in TGT, I still doubt with the car park. Even you sign the S&P there still not indicate the car park number that locate for you. I can see other project , the S&P indicate very clear which car park lot number belong to you. When ask the TGT sales office, they claim that the achitect will let you know later during OC…what is this ?

Don’t worry. Many condos do not assigned car park number until near VP time.

Is this project on track to complete in 3 years? How many % complete as of now?

With so many condos by this developer and at the surrounding, waiting to see this condo as the 1st ‘lost money’ condos for those buyers wanted to sell once completed. It is really like LMC concept with shoplots.

The developer has asked the payment until 2A stage…include also 2C. They will expect complete by Q4 2014…since 98.9% sold, do you think project will failed? I dun see any business sense here…

The developer has asked the payment until 2A stage…include also 2C. They will expect complete by Q4 2014…since 98.9% sold, do you think project will failed? I dun see any business sense here…

@liz
hard to predict what will happen when economy crisis strike.. last time also no one expect the Bayan Mall (now Queens Bay Mall) became abandoned during 1998..

Agreed…the project abandon and those hold on until today, what is happening now? A prime area and handsome rental. They are laughing all the while now…Even One Precint Mall abandon and now had obtained OC now. So key point here is we need to able to hold on to it and not speculate. If u quote it’;s Johor, I fully agreed with you. So many project abandon for >than 30yrs also still abandon…Penang land is scarity. Each inch is gold. Which project is abandon now and no revive? Put trust on Penang especially under DAP..no corruption and true people is doing the work..invest now before it’s late or u will loose the op[portunity forever

@liz
Commercial properties have better chance to hope for “White Knight” to take over the project, usually with condition which beneficial to them, like the Queens Bay Mall case. Very rare lah for residential properties. Even if there is White Knight, it require additional cost. You can check those “condo” at Jalan Paya Terubong, along the valley up the hill to Relau/Balik Pulau. Now become nest for foreign workers.

@heehee rite…that is why need to get a good location, not paya terubong. It,s actually paya teruntuh

Not a very good developer. The early bird discount fake. You can only get back less than they promise after deduct all the interest.

Becareful !

Anymore units avalaible? Or everyone plan to lets go?? Pls email me if any. Thanks

am looking 4 1 unit too at that area..pls email me iF got any. tq

@liza
Liza, yes, almost 100% sold, meaning the developer get the most of $$ from this project (the 10% down), and can be used to finance other project. Yes, no sense to abandon this project, don’t know why so many people worry here, may be the progress is too slow, but i will think it can be completed fully in early 2015, but with D-Pizza quality or even lower, remember, this year’s building material cost is rising, this project’s profit margin is getting slimming compare to other projects by this developer (the Garden Ville by this developer should have the highest profit margin).

Look at D-Pizza Mall, I went ther at night time, very scary as very empty there and scare of robbery or snatch. After ~3 years completed, the mall still so empty! Similar or even worst condition is 100% predicted to happen on this TGT commercials lots, if you’re the residents, don’t go down there during night time, yes, don’t go down to your own ‘house’ as it is unsafe.

Surrounding that area, after D-Pizza mall, bigger One World commercial now opening! Elite Avenue, The Arena, SPICE, Quatermille and etc. are all with plenty of commercial lots. Elite Avenue with Jusco and SPICE are among the potential success, the rest, like D-Pizza.

@Harry
Fake? Not to be said like that! The early bird was real, with free back to back car park, so you have 1+1 car parks. People queue up overnight for that. ~RM380k for 1154sf with 1+1 car parks during early 2011, where to find? Once completed, can sell at RM600k based on current market trend. But, the commercial shop lots will ruin this hope as it is going to be sucked.

@Ah Dog </a there are too many block come up at surrounding area. i dun think this will be suck. there are about 10 block at thta area. the residential unit will certainly do well….

@Ah Dog the market price now is 400 sq ft…once completed, expected to be around 450 sq ft. this shud be good news for has bought the unit

The market price now should be at RM450psf at least.

Finally, the famous traffic jam of Relau T-juction will be closed for road expansion purpose by mid of this year estimately. Proposed new road next to TGT at Jalan Paya Terubong link to Jalan Dato Ismail (next to Idaman Iris) will soon be available for public use by coming Feb.

@Alvin

@Alvin
Certainly a good news..the new market will up soon, later new primary school and internatioinal school, will certainly add to the value. Good news certainly

@Alvin
That is jalan fettes.

Alvin :
Finally, the famous traffic jam of Relau T-juction will be closed for road expansion purpose by mid of this year estimately. Proposed new road next to TGT at Jalan Paya Terubong link to Jalan Dato Ismail (next to Idaman Iris) will soon be available for public use by coming Feb.

Where do u get the info of the date regarding the road expansion ? from Developer or government?

penang100percent :

Alvin :
Finally, the famous traffic jam of Relau T-juction will be closed for road expansion purpose by mid of this year estimately. Proposed new road next to TGT at Jalan Paya Terubong link to Jalan Dato Ismail (next to Idaman Iris) will soon be available for public use by coming Feb.

Where do u get the info of the date regarding the road expansion ? from Developer or government?

http://www.guangming.com.my/node/156169?tid=23

Mars :
@Alvin
That is jalan fettes.

The proposed new road doesn’t have the name yet.

Just went to Penang World City for viewing their project….

The selling approximately RM650psf.

So, what should the selling price for TGT upon completion of this project? Can it be RM450psf or higher?

Congratualtion to the intial buyer….you all make a lot of profit by 3 years later…:-)

Yes, will definitely above RM500psf…..although this one should be the poorest living environment among the condos at that area.

I m looking for the shop lot at TGT, any body can provide some information?

@Ah Dog

I believe it will be more than RM500psf. You can see the Gardens Ville is selling at average of RM420psf.

what is the selling price for Idaman Idris now? is it RM400psf?

I am looking to buy 2 units of condo at TGT …one for me and another for my brother. Anyone intersted to sell? Pls call my mobile 0135301898

Hi wonder if there is still any units available for M-Tower? Anyone have any idea? Sale office is not open today.

@unknown
Base on broker and numerous of friend feedback, the selling price fo RM450-RM500 after completion is within the range..The Ideal Park is selling at RM450 later whcih was still under construction. So RM450 is not an issue but you can expect RM500 another 2 yrs later

@Kent

Agreed…PWC has set new price, RM500 should not an issue if you are tallking 2 yrs later

Since TGT will be completed 2 years from now…..
I believe it will be RM500psf & onwards…..

Congratualation for those bought in earlier stage..

Alamak, very slow progress seeing on this TGT, anyway, no worry, as GSD already remove this project as their ‘track record’ (didn’t mention at all on brochure and talk on it during CNY open house for Garden Ville/Summerton). Just hope the output quality of this condo can be slightly better than Pizza Condo; else, it will become Tofu Condo. Anyway, I would say ppl are willing to pay RM500psf for One Imperial/Garden Ville/Siera/Iconic Condo (name TBD) where are just colse to this TGT where TGT is facing the heavy traffic noise at the 6 lanes T-junction, facing to be built wet market, shoplots….OMG, god bless, heng ah, ong ah, huat ah, song ah! I would still say that area, the nicest and peacefull living environment are those condo by IJM at Bukit Jambul Indah (opposite Fairview International School), Lakeside, Parkview, Alpine, where currently selling at RM400 to RM500psf, with fully reno/furnish.

@Economic Crisis

TGT is by GSV, the rest are by GSD. Both under same umbrella.

No matter how bad you describe TGT, the buyers all happy that they bought 1 during launching. No matter how good you tell about other condos, only the number of ppl pay for it, count.

@Bryan
when there is excess supply 2 years later and people have plenty of choices around, people will compare location & build quality..then we will see how is the subsale. Huat ah!

@KLSE

No worry. There are plenty of target buyer / market. TGT is more suitable for middle income.

Rite..middle income means afford to buy at 500-600k in Penang

Hi…any units plan to sell? Am looking for 1400sq. Pls let’s me know. Only serious seller nmeed to response

@Fabian
No need to buy this project, it is going to be very bad quality. Buty IJM’s project like Alpine or Lakeside near by that area. Those building are in very good quality with good materials used. Very hard to find in the market now.

@Keat La
Really..anyone can confirm this? Pls shrae your thot

@Fabian
TGT is sure to boom! Current value can sell at what price per sq.ft?

I think current value is RM420 sf

Agreed..its shuid be RM420-450 range…

Congrats for those bought earlier..

I have seller interested to sell his 1165sf unit with 2 carparks at RM590K. Anyone interested?

For my earlier comment on the above unit for sale, it should be RM490K with extra carpark n not RM590K.

@TC
when is the expected completion date??? this project is super slow!!!!

@TC

@TC
Hi TC, I just bought one unit..RM510 for size of 1165sf. It’s too later to cancel now as I had 10% deposit

@Fabian
you buy direct from developer or subsale?

subsale@Eric

Fabian :
subsale@Eric

Visited surrounding the site just now, notice that there are a market, hawker center, car parks and shop lots to be built on the land besides PISA Corner. This location and project is looking good.

U a rite. This area will be the satelite overtake sg ara. Even bumi unitba completely sold out @Bryan

So many units sharing the facilities especially swimming pool and shoplots
occupying the lower floors, its not going to be a peaceful atmosphere.Not
for me.

@TC

Regarding the unit can you send me the details to nelson_tkf@icloud.com? tq

Hi, I have a seller looking to sell his unit. Interested call 012-4757470.Thanks

Hi tc, am willing to buy with price 450sf. Does this ok 4u?@TC

1165sf, 2 CP, middle high floor, facing North East.

RM585k.

Anyone interested, leave me your contact.

@Bro
Bro, RM585K is expensive since it’s not yet completed. Can you reduce it to RM535K instead? If yes, pls email your contact to simon1_#@hotmail.com. tq

A friend just sold his 1300sqft D’Piazza 2cp fully extended for RM585k. Many investor would properly buy a readily available unit for rental collection. Just my thoughts.

@Simon

couldn’t send your email address, could you verify?

At current ….,
Pearl Garden old building is posting RM480K for 1100sf with 1cp….440psf
Reflection is posting 680K for 1260sf with 2cp….540psf
I think it is quite reasonable for TGT to have posted in between around 500psf along main road of Sg Ara.

TGT initial price just cost less than 300psf, now want to sell 500psf really sucking ppl blood.

@ SP

market price rises up because inflation ……don’t you know this simple theory? see how developers set psf for One imperial and Garden Ville..

today 500psf, another few years 600psf….and 700psf all sucking blood…the story always never end like this in Pg

late buyer of TGT entry price > 320psf for the same project, yet still have to sell the same 500psf as other buyers….time is $$

seller also worry if RPGT to hike another 10% in 2015, when Gov want to curb property price.

@Simon
Simon 535k is too expensive also. No such mkt price. If you wan i can sell you 430k+ only. This amt also already earn abt 100k. Really sucking ppl blood.

@unknown3
Simon if you interested then let me know. i will give you email addresss.

SK :
A friend just sold his 1300sqft D’Piazza 2cp fully extended for RM585k. Many investor would properly buy a readily available unit for rental collection. Just my thoughts.

Rental yields are ridiculously low in penang, no investor would want to buy a subsale property just to rent it out , can’t even cover the monthly loan payments , so no profit can be gain from renting it out .

@unknown3

understand some ppl like the unit willing to pay more..
can you show which unit u hv?

@unknown3
Fabian made a thread #170, bought 510k..u hv shown me the cheapest so far.
Really interested on your unit. Mind to share your unit info here?

@yeahright

I’m agreed with your statement. Please flip everyone..

The simple theory I knew >RM500 psf with no view and maybe future may blocking by low cost flat rapidly growth at that area is sucking ppl blood price. Better wait for other new project at that area. OI & GV just cost about RM450psf. Where you get the benchmark of >500psf at the area? Just made you own ream now. But it is possible after OC obtained.

don’t you understand, if OI and GV could sell at 450psf, that is a minimum or average…?

@lulu
your email address pls

Bro :
At current ….,
Pearl Garden old building is posting RM480K for 1100sf with 1cp….440psf
Reflection is posting 680K for 1260sf with 2cp….540psf
I think it is quite reasonable for TGT to have posted in between around 500psf along main road of Sg Ara.

Which means my 1270sf can sell 635K? Really?

Nvm, I sell 570K enough.

Bro :
don’t you understand, if OI and GV could sell at 450psf, that is a minimum or average…?

GV and OI selling price included legal fees. Subsales buyers still need to pay it. Another thing is the bank value is not up to 500psf, maybe 400psf only. So, if really 400psf, buyers only able to get around 420K loan, and pay close to 200K cash for 10% down payment + legal fees. Buyers still need to reserve at least 50K for renovation. So, I must have around 250K cash to buy your condo.

Then I better buy new project where 585K unit will only need 58.5K and 50K renovation 3 years later. I can keep my 200K cash now with 3% FD, which is RM500 income per month.

I just want to show you that you can’t sell subsales unit using the new project selling price.

@Hemsley

how u know bank valuation… it’s all ur assumption.
nobody know the price now…it depends…unless you are valuer
500psf may not true..same to 450psf …. but who cares…this is open mkt and depends on willing buyer.

u talk simply half, ur reasoning is without saying Pearl garden and Reflection…..?

u can buy new project, but problem if everyone can wait and think like you, u just keep ur unit forever!

looking for a unit TGT, anyone serious to sell pls email me

mize.ks@gmail.com

Good progress on the construction, once completed, the first batch of residence moving in will be Banglasia, Nepalsia, Myanmarsia, Indonesia…why? They will work at those shoplots down there! and hostel at the top. Look at One World now, seeing the trend, even a small restaurant has many workers there and they rent a unit of condo up there for those workers. Good Luck.