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Sierra Residences

Sungai Ara/ 18 September 2011 Leave a comment

Sierra Residences, an all-in-one integrated lifestyle development located along Jalan Fettes within the thriving township of Sungai Ara, Penang. A masterplanned community featuring medium and high-end condominiums and a vibrant commercial pocket in a tranquil riverside setting.

Project Name : Sierra Residences
Location :
 Sungai Ara, Penang
Property Type : Condominium
Built-up Area : 900 sq.ft. – 1,182 sq.ft.
Land Tenure : Freehold
Developer : GSD Land (M) Sdn. Bhd.
Indicative Price : RM280,000 onwards

Contributed by reader (20/12/2011 @ ~11pm)
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Contributed by reader (23/12/2011)

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Contributed by Reader – Nov/2013

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Gallery

 

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  1. kg
    December 23rd, 2011 at 17:08 | #1

    mine is type A.. i queq since tuesday..

  2. Miku
    December 23rd, 2011 at 17:16 | #2

    any buyer can tell how much is the Unit for each type?

  3. kamel
    December 23rd, 2011 at 17:21 | #3

    @kg

    Affordable range is the main pulling point here.

    Typical engineer pay is around 4-5K for experience one. Minus EPF/INcome tax the take home pay is around 3.5-4.5K. If you minus 500-1000 for car balance is balance is 2.5-3.5K.
    Minus minus others….what is left to pay for house loan??? Let’s take 300K loan as example and the monthly payment is around 1.5K…..nothing else is left. I am not trying discredit anyone here but stating the facts.

    This project selling point with the affodable range.

    Most ppls will try to justify that their decision is the right one…you are no exception as well.

    Anyway, good luck to you all and hope that the project will complete as scheduled. :)

  4. kamel
    December 23rd, 2011 at 17:34 | #4

    Did anyone read – Malaysian property market to slow down next year under the Property News tab?

  5. Kongkek Kuat
    December 23rd, 2011 at 17:43 | #5

    kamel :
    @kg
    Affordable range is the main pulling point here.
    Typical engineer pay is around 4-5K for experience one. Minus EPF/INcome tax the take home pay is around 3.5-4.5K. If you minus 500-1000 for car balance is balance is 2.5-3.5K.
    Minus minus others….what is left to pay for house loan??? Let’s take 300K loan as example and the monthly payment is around 1.5K…..nothing else is left. I am not trying discredit anyone here but stating the facts.
    This project selling point with the affodable range.
    Most ppls will try to justify that their decision is the right one…you are no exception as well.
    Anyway, good luck to you all and hope that the project will complete as scheduled.

    I run a chain restaurant in Penang and Prai. 4-5K is my net income in 1 day. What you said is just for people who work for their entire pathetic lives.

  6. kg
    December 23rd, 2011 at 17:58 | #6

    you guys are right.. But my point are not judging in their income but the way they think.. Im in sales line and my troublesome cust are mostly those engineer coz whenever they buy something, they will count n count think n think (pandai kira) before they proceed but i mean most not all..dun miss judge ya:-) 5plus for me the timing is not important as long as it can complete.. The most we worried in new housing project are the financing and this guy got no problem with that..

  7. kg
    December 23rd, 2011 at 18:04 | #7

    Lol dun said those engineer la.. If u are owning just 3-4k per month plus everyone keep saying that next coming year are tougher n thougher. . Will u go n buy something just limit your income n wasting ur time round the clock waiting theRE.. WONT unless u are those greedy investor then padan muka u if u cant make it

  8. 2012
    December 23rd, 2011 at 18:47 | #8

    @Kongkek Kuat

    Dont come in here and boast about your income la.
    Hope that next year economy down turn and everyone stop eating at your chain restaurants and your business go burst….then serve you right!!!

  9. penang
    December 23rd, 2011 at 19:25 | #9

    how was today sales for SR?

  10. Be tahan
    December 23rd, 2011 at 19:49 | #10

    @Kongkek kuat
    If ur income 4k perday, y still look for condo below 500K? Rather you choose supercondo or landed property…You very tipu kuat..

  11. Pen
    December 23rd, 2011 at 20:18 | #11

    Type B & C were fully sold, type A all corners were gone. About 50+ units left as of 5pm

  12. smart
    December 23rd, 2011 at 20:32 | #12

    @Be tahan
    500k for him keep his dog lo

  13. Pen
    December 23rd, 2011 at 20:43 | #13

    Can someone elabrorate a little bit more on why Summerton by GSD is such a bad project vs others? The layouts were almost perfectly designed if vs the Sierra Residences.

  14. Cougar
    December 23rd, 2011 at 20:47 | #14

    last visit at 7pm just now was left 20+ units Type A.

  15. lilyloo
    December 23rd, 2011 at 21:13 | #15

    @Kongkek Kuat
    Any kang tao ???

  16. Andy
    December 23rd, 2011 at 22:31 | #16

    For all those taken up my Q service and secure your dream house wish you guys all the best. Thank You and see you all again.

  17. WK
    December 23rd, 2011 at 22:49 | #17

    Heard that they going to launch another block of condo with 1200 & 1400 sqft built up at that area, is it true?

  18. SK
    December 23rd, 2011 at 23:11 | #18

    @WK

    it is true ?

  19. LoL
    December 23rd, 2011 at 23:19 | #19

    HAHA GSD IS RICH? they took 2 years to pilling TGT!

  20. Lim
    December 23rd, 2011 at 23:29 | #20

    @LoL
    i heard some 1 say, the big boss for GSD is very strong in automotive industry…

  21. kg
    December 23rd, 2011 at 23:48 | #21

    Lol they are leak of experience for building condo as all their previous project are mostly semi D or banglo. . Is not their finance issue..If u dun know sumthing pls stay down dun simply judge ppl by its cover. .

  22. WTF
    December 24th, 2011 at 00:07 | #22

    What is the meaning rich or not rich? there are so many ppl much much more richer than all of us here. come on, dun show off here. Thank to Andy, i failed to get type B and decided to take the type A.

  23. LoL
    December 24th, 2011 at 06:22 | #23

    @kg

    big jokeeeee, which project they completed? they dont even have track records man, bungalow and semi d?

  24. Kongkek Kuat
    December 24th, 2011 at 08:07 | #24

    LoL :
    @kg
    big jokeeeee, which project they completed? they dont even have track records man, bungalow and semi d?

    You are one of the negative-thinking people. So you will never strike it rich like me.

  25. WinnieWowWow
    December 24th, 2011 at 08:54 | #25

    I found that these people in the site are mostly talk noncence more that constructive matter. You all have jam up this site. The mind set in this website will reflect future the mind set fro those people who stay in this apartment. i think you all will have a hard time. management of this apartment will have hardtime. Hardcore people, talk no sense, time wasting here. That why i never consider this project. Initially still think about getting one, but not not after read all the comment. You see your self, where got other site people speak like that? Pls think twice.

  26. skysboyz
    December 24th, 2011 at 09:31 | #26

    If GSD is cash rich company sure all of the banks will go and approach them…why only rhb ambg and affin willing to take up this project

  27. LoL
    December 24th, 2011 at 09:36 | #27

    take a look, TGT was queued up and grabbed, what happened 2 years(3 years coming) later?

    you talking about strike rich? this is what you heard from people, “GSD is rich, GSD is rich”, where’s the solid proof? look at their TGT, can someone please explain why they took 2 years and cant even complete their pilling?

    bear in mind, Sierra APDL is yet to be obtained and approved by the government, think twice that the plan might be amended if they do not fulfill requirement

  28. LoL
    December 24th, 2011 at 09:51 | #28

    @Kongkek Kuat

    Admin, please kindly take some action against this person, we are all free to give open opinions but not insults.

    GSD = no track record = slow progress = many projects

    if you are so good Kongkek, explain this

  29. ccloo
    December 24th, 2011 at 10:02 | #29

    anyone know the exact location of this project, izzit opposite Siara 81 or beside chasis house…

  30. Lim
    December 24th, 2011 at 10:31 | #30

    @LoL
    1. please don’t away use TGT as example, that is sister company project it mean have some other company join in this project, so i think will some difference.
    2. Oasis rasidences already almost finish… look for below link:
    http://www.gsdland.com.my/page/gallery/site-progress/oasis-residences.aspx

  31. Bei Siok Liau
    December 24th, 2011 at 10:31 | #31

    @Kongkek Kuat
    Pls dun show off here. Here is for point up any advantage or disadvantage for the SR condo. thanks !

  32. alibaba
    December 24th, 2011 at 10:36 | #32

    Kongkek Kuat makes 4-5k per day which means his monthly income is towards 6 figures. I cant imagine someone so rich yet waste his time boasting in this forum.

  33. Ah Lee
    December 24th, 2011 at 10:39 | #33

    Actually late complete for TGT still ok lah, TGT buyer no need to pay within the construction period but is different for SR, SR hv to pay the interest after u signed the SPA. the TGT 1st launching only RM238/sf, but now the market price alr RM311/sf and need to pay the interest during construction like SR.

  34. Ah Win
    December 24th, 2011 at 12:13 | #34

    Engineer pay not so high lar..but since penang is like silicon valley ..should be higher than an average ppl..

    If developer lari during economic downturn, that is the risk all uncompleted housebuyer need to bear.

  35. Ah Kau
    December 24th, 2011 at 12:44 | #35

    I think this Kongkek Kuat is a “loud mouth” or hokkien ppl normally call “tua pow”. Suprised how come this “6 figure earning ppl” really have so much time to boast here and not really contribute to benefit of everyone reading this forum. Do remember also that it takes those “pathetic working ppl” to patronize your restaurant….so seriously don’t look down on this group of ppl so much.

    P.S: Point taken from WinnieWow, no more from me. :)

  36. GIM
    December 24th, 2011 at 13:04 | #36

    Those who recently buy a property sure hope everything will be good next year.

    Those who didn’t will always hope thing will be worse next year.

    Tht’s a norm. We all are human being, we all want to survive. Just some people want to get more than others.

  37. Ah Win
    December 24th, 2011 at 13:05 | #37

    Those who recently buy a property sure hope everything will be good next year.

    Those who didn’t will always hope thing will be worse next year.

    Tht’s a norm. We all are human being, we all want to survive. Just some people want to get more than others.

  38. kg
    December 24th, 2011 at 13:41 | #38

    everyone start from zero.. same to u same to me .. if u want something secure n safe go for ijm and pdc sure safe but what is their price if this project under their hand.. if u effort then go ahead im not so im taking my risk. . although the price aint but still cheaper compare to them ..

  39. WTF
    December 24th, 2011 at 14:47 | #39

    IJM, then you have to pay 400++ per sq ft lol. I’m fine to pay installment early per how much % of loan of your banker pay to this developer. Basically, you pay more principle than interest early, it will help to shorter the loan if you pay more money every month. The only thing is you need to take some risks on this project, it worth to take it because there are so many buyers in the same boat for Summerton, TGT projects also :).

    Do you know, alot of engineers in China now are not able to buy a house today. Even the condo in small town, it already cost you RMB2000+ per sq ft, some more is leasehold. Penang have bright future toward an international city, what you think in next 10years. who really care about next year economic if you look for long term plan.

  40. Alex
    December 24th, 2011 at 16:01 | #40

    I bought 18th floor intermidiate unit….we will become neighbour

  41. kg
    December 24th, 2011 at 16:07 | #41

    WTF :
    IJM, then you have to pay 400++ per sq ft lol. I’m fine to pay installment early per how much % of loan of your banker pay to this developer. Basically, you pay more principle than interest early, it will help to shorter the loan if you pay more money every month. The only thing is you need to take some risks on this project, it worth to take it because there are so many buyers in the same boat for Summerton, TGT projects also .
    Do you know, alot of engineers in China now are not able to buy a house today. Even the condo in small town, it already cost you RMB2000+ per sq ft, some more is leasehold. Penang have bright future toward an international city, what you think in next 10years. who really care about next year economic if you look for long term plan.

    u are damn right!

  42. kg
    December 24th, 2011 at 16:15 | #42

    skysboyz :
    If GSD is cash rich company sure all of the banks will go and approach them…why only rhb ambg and affin willing to take up this project

    i got the latest news today OCBC and Pbb are their panel too.. any more comment or u still want to wait for citi or hsbc join only u satisfied..

  43. SRBuyer
    December 24th, 2011 at 16:24 | #43

    @kg
    Which bank are you planning to apply for the loan? Anyone have any suggestion on the best bank for the loan application? I know only apply from panel bank we are entitle for all the free SPA and Loan and disbursement by the developer right.

  44. Pen
    December 24th, 2011 at 16:25 | #44

    Anyone has the 2nd day sales report? How many of them are left?

  45. skysboyz
    December 24th, 2011 at 16:36 | #45

    @kg

    Ooo..really…it sounds great! good luck for your loan application…

  46. penang
    December 24th, 2011 at 17:19 | #46

    This project SOLD OUT.

  47. kg
    December 24th, 2011 at 19:44 | #47

    i try ocbc as they said blr -2.4 to 2.5% but unsure yet .. hlb n am also offering that.. all in 3 years term.. my fren just bought a unit at 23th floor ..that time just left 18 unit n all mostly around water pump area..

  48. Poh Huai Bin
    December 24th, 2011 at 20:11 | #48

    This project is bound to fail, for 3 very obvious reasons. But I think better not explain here because it will offend those buyers. Otherwise I might get into another lawsuit just like the time someone complained about curry fish head.

  49. please share
    December 24th, 2011 at 20:37 | #49

    @Poh Huai Bin
    Can you explain it, no ppl will sue you… Don worry it is still early for those booked to cancel. What is the reasons? Thanks for the info.

  50. SRBuyer
    December 24th, 2011 at 20:39 | #50

    @kg
    ooo, okay. OCBC and PBB also is their panel, dun see them on the launch day. Any info for PBB, PBB seems to be better bank right. Where is the water pump area?

  51. Poh Huai Bin
    December 24th, 2011 at 21:04 | #51

    @please share
    You really want to know? Be warned that I hate Jothy’s curry fish head.

  52. bond
    December 24th, 2011 at 21:13 | #52

    I booked Type A.
    This morning I went there again and found there is discrepancy in the brochure I get on Tuesday. I asked the salesperson “there suppose a maid room yes? why it’s different I got on Tuesday? The answer: we realized & that’s why re-print.
    again I asked knowing that the floor plan haven’t approve and if there is changes and I don’t like can I refund 100%? the answer is no, 95% buyer has to take the risk!

  53. please share
    December 24th, 2011 at 21:28 | #53

    @Poh Huai Bin
    Don’t worry, no one gonna sue you RM6billion here, lol just tell the truth democratic country rite.

  54. SRBuyer
    December 24th, 2011 at 21:30 | #54

    @bond
    Yea, i realise that too. In the beginning there are no window in type A 3rd room but it window in the brochure during launch date.

  55. Poh Huai Bin
    December 24th, 2011 at 21:53 | #55

    @please share
    Fine. Just let you know, I have some “inside information” which any logical guy will withdraw at all cost. That’s all I got to say! I cannot afford another RM6 million lawsuit any more. I had to sell my car because of this!

  56. Ah Dog
    December 24th, 2011 at 22:01 | #56

    No eye see on this project. Those miss out the ‘opportunity’ can aim for TM Residences by Tunas Muda, just prepare some ‘give’….you will get a unit (no need to queue 3 days 3 night)

  57. Kee
    December 24th, 2011 at 22:05 | #57

    Ah dog,
    How to prepare and who to contact? Tell me lah. I’m interested with it hahaha.

  58. Pen
    December 24th, 2011 at 22:17 | #58

    @Penang, sold out? Not an unit left? Wow? Thanks for the info.

  59. js
    December 25th, 2011 at 02:32 | #59

    Alex :
    I bought 18th floor intermidiate unit….we will become neighbour

    how much is ur unit cost?mind to share? i’m bought for 13th floor at 39xk something

  60. js
    December 25th, 2011 at 02:36 | #60

    Ah Dog :
    No eye see on this project. Those miss out the ‘opportunity’ can aim for TM Residences by Tunas Muda, just prepare some ‘give’….you will get a unit (no need to queue 3 days 3 night)

    ANY idea when the TM Residences will be launching?

  61. dave
    December 25th, 2011 at 02:48 | #61

    Is it very serious to own the unit same floor with water pump as I plan to get 1 but seems like only units near to water pump area left.

  62. Alex
    December 25th, 2011 at 03:25 | #62

    @ js
    my units cost me 395k…

  63. Pen
    December 25th, 2011 at 08:31 | #63

    I was told when the que no 1 person went in to choose his unit, there were slightly more than 100 units had been taken. There must be the internal buyers who had claimed the so called nice units. Really not fair to the queuers. I believe this only will happen in Penang.

  64. js
    December 25th, 2011 at 09:47 | #64

    Alex :
    @ js
    my units cost me 395k…

    your 18th floor intermediate unit come with 3 car-park right?

  65. js
    December 25th, 2011 at 09:47 | #65

    dave :
    Is it very serious to own the unit same floor with water pump as I plan to get 1 but seems like only units near to water pump area left.

    which floor or which unit no is same floor with water pump? pls advice.

  66. Pen
    December 25th, 2011 at 09:58 | #66

    Water pump is situated in unit 13A-3A.

  67. Jeffy
    December 25th, 2011 at 10:10 | #67

    @Poh Huai Bin
    You can just say it with a Guest name then no body will know you’re the 1 talking about the reason. You too triggers my interest to know wat’s the inside info you got.

  68. Alex
    December 25th, 2011 at 11:23 | #68

    Pen :I was told when the que no 1 person went in to choose his unit, there were slightly more than 100 units had been taken. There must be the internal buyers who had claimed the so called nice units. Really not fair to the queuers. I believe this only will happen in Penang.

    js :

    Alex :@ jsmy units cost me 395k…

    your 18th floor intermediate unit come with 3 car-park right?

    No…only 2 car parks…3 car parks are only for those purchase type A corner units starting from floor# 22-31 :-)

  69. The_truth
    December 25th, 2011 at 11:34 | #69

    @Poh Huai Bin

    Read a lot of your comment but never reach the point. If want to share the info just go ahead.

  70. kg
    December 25th, 2011 at 14:51 | #70

    Watever it is.. For those who wanna share with us regarding latest news or info. . U’re warmly welcome but for those who simply create negetive though on this project which is not true.. Pls dismiss especially a 6millon lawsuit can settle by a CAR. .i wonderin how much is the car value.. Since that i have booked this project so will wait till the end of it to complete.. For u guys my future neighboor Merry Christmas n all the best for us!

  71. kg
    December 25th, 2011 at 14:56 | #71

    @SRBuyer
    In between 13th/3a n 3..Got told from the salegirl that water pump just initial for fire emergency which mean normal time will be close

  72. Lim
    December 25th, 2011 at 16:07 | #72

    @kg
    Merry Christmas my future neighboor…. ^.^

  73. SRBuyer
    December 25th, 2011 at 17:16 | #73

    @kg @Lim
    Merry Christmas to my future neighbour… :)

  74. Poh Huai Bin
    December 25th, 2011 at 21:54 | #74

    @kg

    As for those wish to know about inside info, pls email me sixth.seal@gmail.com.

  75. engineer
    December 25th, 2011 at 23:51 | #75

    For those who go for it because of ” engineers buy, i buy”…. best of luck!

    dont forget there are thousands of engineers out there in bayan lepas, if this project is real worthy, u should see a massive traffic jam starting tuesday, and not just few bangla and malays.

  76. Thinker
    December 26th, 2011 at 00:09 | #76

    this project real worth or not worth it depend right. It is risky and everything is risky in this world. Everyone have their own path or destiny. There is risk when you walking outside or driving outside. Who know what will happen to you?So can you tell whether it is worth for you to drive or walk on the road tomorrow? Whether you buy or not, just stay happy and with the decision you all make. We don’t know what going to happen the next second so appreciate this moment. Appreciate everything that GOD give us.

  77. Pen
    December 26th, 2011 at 00:57 | #77

    @Thinker
    Merry Christmas

  78. Alex
    December 26th, 2011 at 02:13 | #78

    SRBuyer :@kg @LimMerry Christmas to my future neighbour…

    Merry chrismas to all the SR future residents :-)

  79. JW
    December 26th, 2011 at 03:26 | #79

    merry xmas to all my neighbours~

  80. sy
    December 26th, 2011 at 11:47 | #80

    At this moment, still any unit left for <350k???

    Pls advice…

  81. Smigo
    December 26th, 2011 at 12:14 | #81

    @sy
    Are u looking for additional unit or u miss out the change to grab one during the launch date? I think u can refer to bumi lot soon if left any..

    Wishes Merry X’mas to all my neighbour… :)

  82. lina
    December 26th, 2011 at 20:41 | #82

    @bond
    Total hw many room for Type A?

  83. WTF
    December 26th, 2011 at 21:26 | #83

    @lina
    (31-7)8unit per floor= should be 192 typeA

  84. lina
    December 27th, 2011 at 09:39 | #84

    @WTF
    Actually i want to know how many room for type A unit? Is it 4 rooms or 3 rooms?
    Bond mantion that there are changes at the floor plan.

  85. desperate to buy
    December 27th, 2011 at 11:01 | #85

    Wat is the for the Bumi lot ?

  86. desperate to buy
    December 27th, 2011 at 11:02 | #86

    I mean what is the price and sqft for the Bumi lot”?

  87. Desperade seeker
    December 27th, 2011 at 11:11 | #87

    In China they dont go for square feet la, they go by square meter so definately the price you saw is higher cos square meter is bigger than square feet. Our price is compatible still. Dont worry :)

  88. desperate to buy
    December 27th, 2011 at 13:22 | #88

    OMG !!! look at the floor plan… really screw up… there is no balcony ok lah still acceptable… secondly no washing area… still ok lah…. but imagine that the kitchen is open to the halll like low cost flat which you could buy 100k only….Who is the planner ah… really want to ask him… i think he should be someone who doesn;t do any laundry and sent it for external laundry weekly…

    The funniest thing, i just spoke to the sales girl… i asked her where to dry the clothes and you knoe what she suggested… to ask me to dry it outside at the entrance… nowadays flats also do not practive this kind of attitude…. imagine how will it be in few yearsl,,,

  89. Desperade seeker
    December 27th, 2011 at 13:31 | #89

    he who designs this must be a siew yeh chai (rich man’s son), all the while got maid to spoon feed, he just needs to be book worms to study till graduate, that’s why very naiive about house chores. that’s why the maid’s room has no window for it. cos that’s not his business…or maybe all the while he’s so rich all aircond n never consider about ppl without lol…kidding anyway :)

  90. Sky
    December 28th, 2011 at 01:51 | #90

    compare to all 3 type A, B & C…..i would the Type B 1000 sqt one….
    Type A Nice but the price too high. Type B 1000 sqt price are ok. Type C 900 sqt one teruk….no balcony, no washing area, kitchen near the hall, one of the room without window….
    They should eliminate Type C actually….. only 2 types enough, pay more $$ go for type A with balcony and choose type B under own budget range for without balcony.
    Type C really is CACAT LAYOUT :( , should eliminate it.

  91. Sky
    December 28th, 2011 at 01:52 | #91

    compare to all 3 type A, B & C…..i would like to choose the Type B 1000 sqt one….
    Type A Nice but the price too high. Type B 1000 sqt price are ok. Type C 900 sqt one teruk….no balcony, no washing area, kitchen near the hall, one of the room without window….
    They should eliminate Type C actually….. only 2 types enough, pay more $$ go for type A with balcony and choose type B under own budget range for without balcony.
    Type C really is CACAT LAYOUT :( , should eliminate it.

  92. Ken
    December 28th, 2011 at 02:15 | #92

    The layout is quite similar to LMC apartment, Suria Vista.
    https://www.penangpropertytalk.com/2011/05/suria-vista

  93. WTF
    December 28th, 2011 at 08:23 | #93

    @Sky
    all types sold and no need to compare anymore.

  94. WTF
    December 28th, 2011 at 08:24 | #94

    @lina
    i will go there to check today. update you if there is any layout change

  95. WTF
    December 28th, 2011 at 08:36 | #95

    @Desperade seeker
    My friend told me is in sqfts, 1sqmeter=~10sqfts. you can check the house price at China online.

  96. lina
    December 28th, 2011 at 09:37 | #96

    @WTF
    Thanks :)

  97. Desperade seeker
    December 28th, 2011 at 10:04 | #97

    so the layout is changed for better or worse? as long as they stick to the same square feet it should be normal for some other previous case as told by my friend. their worry is if the new layout didnt submit to the government, it may end up OC not approved.

    anyway, dont cry over spilt milk, it’s already all bought n sold out right? too late to read all the bad news now. what we can do now is looking for the solution instead of complaining what has been done.

  98. WTF
    December 28th, 2011 at 14:23 | #98

    @lina
    http://img807.imageshack.us/img807/8460/007zq.jpg

    latest layout. 900sqfts added a window at room beside to kitchen, and layout slightly changed. left 19units for 1182sqfts until today.

  99. lina
    December 28th, 2011 at 14:52 | #99

    @WTF
    i cant view the image :(

  100. Desperade seeker
    December 28th, 2011 at 15:32 | #100

    wow, thanks for valuable info, hmm now undecided if wanna consider type A or not or value for money or not. anyway, still printing money n not yet hanged dry… 😉

  101. Alex
    December 28th, 2011 at 16:43 | #101

    @ WTF
    Any change on layout for type A. Sorry as i can’t view the image :)

  102. WTF
    December 28th, 2011 at 18:10 | #102

    [URL=http://imageshack.us/photo/my-images/807/007zq.jpg/][IMG]http://img807.imageshack.us/img807/8460/007zq.th.jpg[/IMG][/URL]

  103. WTF
    December 28th, 2011 at 18:16 | #103

    @Alex
    Sorry guy not sure how to share the photo. The 2nd and 3rd room door changed from right to left and left to right for type A. Sales office mention the prices of the left over 19units will be increase by next year.

    note, pls delete the #105 link above

  104. lina
    December 28th, 2011 at 19:04 | #104

    @WTF
    Thanks i can view it nw…

  105. penang
    December 28th, 2011 at 19:25 | #105

    I was looking for a new condo with the following offers;
    1. Freehold,
    2. Free legal fees for SPA & Loan
    3. 0 interest during construction
    4. Budget </=RM300k

    Any advice?

  106. cartman
    December 28th, 2011 at 20:50 | #106

    @penang
    probably got…mainland there…browse the link beside…

  107. Pen
    December 28th, 2011 at 22:27 | #107

    @WTF

    Hmm, the new Type B & C layouts are interesting. The “new” space found outside the window of the 2nd bedroom. Is it a balcony or an aircon space?

  108. sky
    December 28th, 2011 at 23:54 | #108

    @WTF
    Why the layout simply change? The original layout plan not yet submit to government?
    Still non of the bank attached to sierra….any problem?

  109. sky
    December 28th, 2011 at 23:58 | #109

    worse case …..claim back Rm4.5k, Rm500 burn! …..or just leave it, waiting for another 3 years, may be the price will increase.
    As we know next year the market overall housing price will drop a bit…..

  110. PPT EDITOR
    Ken (Admin)
    December 28th, 2011 at 23:59 | #110

    Thanks to @WTF. I have uploaded the new floor plan for everyone. :)

  111. neighborhood
    December 29th, 2011 at 13:33 | #111

    Hi all, can I know which bank is giving better offer at the moment? BLR-???%, I just purchased one unit of type C at Sierra Residence, can I know what does GSD Land means on the booking letter, panel banker? Is that mean we need to deal with the banker that assinging by them? Or we can find one on our own? How about the Free Professional Fees? What does it mean?

  112. WTF
    December 29th, 2011 at 13:37 | #112

    @sky
    new layouts have submitted for approval but not yet approved yet. If rejected, it will delay the SPA date. Banks package will be offer next year before SPA date.

  113. pmm
    December 29th, 2011 at 14:11 | #113

    @neighborhood
    Booking letter is so called the booking receipt from developer, it contains the details of your purchased unit and bank requires this in order to process the loan. Panel banks are those on pact with the developer on the project, they will not reject your application due to developer/project reason but only your personal financial status. The professional fee in this case referring to the legal fees, both from s&p and loan agreement, you need to check whether developer would absorb both or only one. There are stamp duty for s&p and bank loan as well, you also need to know if developer is absorbing. It is possible to engage non-panel bank, however normally would be more tricky as they would require longer time to find out about the project. And under such cases, normally developer will not absorb the loan legal/stamp fees anymore.

  114. YMY
    December 29th, 2011 at 15:03 | #114

    hihi

  115. Dave
    December 29th, 2011 at 15:34 | #115

    WTF :@sky new layouts have submitted for approval but not yet approved yet. If rejected, it will delay the SPA date. Banks package will be offer next year before SPA date.

    WTF, what are the differences of old and new layout for type B??

  116. Desperade seeker
    December 29th, 2011 at 16:10 | #116

    type B difference what i can see that on the maid room, it has additional dark area outside the window, dont know that area is accessible or not otherwise, if you really notice, the room has been shifted in a little smaller just to accomodate the dark area. mmm so all type A & type C deisigned applied that dark area to put window, if that is a building pillar area, your space has been reduced just to accomodate this. pls see clearly, those place affects the bed room shifted in smaller, rugi lor, your floor space has been eaten up a bit…

  117. desperate to buy
    December 30th, 2011 at 09:57 | #117

    Weong info la… There is no layout changes for the units. I’ve just called them to check . All the layouts remians the same. I wonder where they got the info on the chnages. If there is any changes then definitely OC will be rejected…

  118. WTF
    December 30th, 2011 at 10:38 | #118

    @desperate to buy
    the brochure distributed during launching date is not latest one, told by officer. The reason is the new one no yet printed that time. If refer to latest one, definitely no change.

  119. sky
    December 30th, 2011 at 11:40 | #119

    Thanks WFT…..for the info. ??…the layout plan previously n now is a bit diffirent…….!
    Buyer…..anyone plan to give out and claim back 4.5k? Hehe

  120. sky
    December 30th, 2011 at 11:50 | #120

    Anyone know any condo available to sale below 300k?

  121. Desperade seeker
    December 30th, 2011 at 12:19 | #121

    villa emas is less than that…

  122. Desperade seeker
    December 30th, 2011 at 12:20 | #122

    if u give up contact me, i’m interested haha…

  123. Dunno
    December 30th, 2011 at 15:54 | #123

    sky,
    yes, go for relau apartments … a lot of choices.

  124. Pen
    December 30th, 2011 at 18:24 | #124

    @sky

    Taman Jubilee, N-Park, Idaman Iris etc, Villa Emas ori unit, Springfield etc…

  125. neighborhood
    December 31st, 2011 at 15:29 | #125

    Don’t listen to others tricky and nonsence talk, that is not worse to give up now, cause have you ever think ppl want to q for few days and more than 90% of unit sold in one day?

  126. WTF
    December 31st, 2011 at 21:15 | #126

    @neighborhood
    initially i plan to buy 1000sqfts only. But see so many so hungry to get a unit. Finally decided to upgrade to 1182 if the 1000sqfts sold out :)

  127. Alex
    January 2nd, 2012 at 17:22 | #127

    hello, anyone knows the entitlement panel banks adey? :-)

  128. sky
    January 2nd, 2012 at 23:33 | #128

    Why never consider the rest, If there are so many condo available lmost some price with sierra? 😉

  129. Pen
    January 2nd, 2012 at 23:55 | #129

    @sky

    Honestly, there are still many condo out there which are = 1000sf that at ~$300k now (<$300psf).

  130. Pen
    January 3rd, 2012 at 00:42 | #130

    @sky
    Honestly, there are still many condos out there which are less than $300k, but it’s really hard to find a condo which >= 1000sf that at ~$300k now (or <$300psf).

  131. Desperade seeker
    January 3rd, 2012 at 07:44 | #131

    those who bought it congrats, i read news, price of property will rise in 2012. so regardless how bad the economy, our property still never drops…too bad that we hope for the worst

  132. WTH
    January 3rd, 2012 at 10:53 | #132

    @Desperade seeker
    Because :)
    http://www.youtube.com/watch?v=GhgP2wVGiR8&feature=player_embedded

  133. WTH
    January 3rd, 2012 at 11:02 | #133

    @sky
    I’m looking for the condo with complete facilities and come with 2cars park. I can’t find one with this package in Penang island and pay less than 300k anymore. Unless you want to stay at Batu Ferringi.

  134. sky
    January 3rd, 2012 at 23:47 | #134

    Good luck to all buyer…n sharing the view point…..happy dragon year!

  135. SRBuyer
    January 5th, 2012 at 18:31 | #135

    Any update on the panel bank entitlement and progress by the developer??

  136. WTH
    January 6th, 2012 at 10:46 | #136

    I had received an offer from HSBC below.

    1. Interest rate : Up to BLR – 2.4% (Subject to approval)
    2. Loan Tenure : Up to 35 years or age 65 years old whichever come 1st
    3. Margin of Finance : Up to 90%
    4. Loan Type : Full Flexi Loan
    5. Loan concept : Conventional or Amanah (depending of customer need)

    Kindly provide the documents belows for loan application:

    1. NRIC photocopy
    2. 3 month payslip
    3. 3 month bank statement showing salary credited
    4. Latest EPF statement
    5. Latest BE Form with tax payment receipt
    6. Booking receipt and Booking form from developer

  137. Alex
    January 6th, 2012 at 13:35 | #137

    WTH :I had received an offer from HSBC below.
    1. Interest rate : Up to BLR – 2.4% (Subject to approval)2. Loan Tenure : Up to 35 years or age 65 years old whichever come 1st3. Margin of Finance : Up to 90%4. Loan Type : Full Flexi Loan5. Loan concept : Conventional or Amanah (depending of customer need)
    Kindly provide the documents belows for loan application:
    1. NRIC photocopy2. 3 month payslip3. 3 month bank statement showing salary credited4. Latest EPF statement5. Latest BE Form with tax payment receipt6. Booking receipt and Booking form from developer

    @ WTH
    Confirmed HSBC one of the panel bank?

  138. WTH
    January 6th, 2012 at 14:10 | #138

    Not sure, actually they found my credit card transaction to GSD account and call me for the offer.

  139. Alan
    January 6th, 2012 at 14:30 | #139

    Heard from the sales office, there is plenty of panel bank such as HSBC, OCBC, RHB, HLB, PBB, AMBANK, AFFIN, UOB and it in progress now as GSD submit document to the bank. Don’t know need to wait how long??

  140. MOHD AKHRAM
    January 8th, 2012 at 21:53 | #140

    Is there any bumi lot still avaliable for Type A orType B? What is the prices?.

  141. sky
    January 10th, 2012 at 23:17 | #141

    Guy….
    Any latest information to share?

  142. kaede
    January 13th, 2012 at 18:50 | #142

    im oso a purchaser, wat info do u all wanna share about

  143. SL LIM
    January 16th, 2012 at 02:27 | #143

    Anyone start get loan from BANK? Which bank given better offer? :)

  144. lie Penang
    January 16th, 2012 at 02:35 | #144

    all the original buyer stick to the plan or someone give up?

  145. SK
    January 16th, 2012 at 02:41 | #145

    Good location and reasonable price but overall only layout is a big problem…… 900sqt /1000sqt what is the problem to included the balcony ????? 696sqt Zan Ara also got balcony !!

  146. Nimo
    January 16th, 2012 at 02:43 | #146

    where is the actual location?i know the road go in near ZAN Pamilion How is the view? Facing the hill ?

  147. Odd
    January 16th, 2012 at 02:51 | #147

    Nimo…
    i guess is in frant of SIARA81if not mistaken…………. but not sure the condo build frant door facing which side!
    Unit still available???

  148. Hooi Beng
    January 17th, 2012 at 03:48 | #148

    All silent lia….? waiting for bank loan ?

  149. SRBuyer
    January 17th, 2012 at 09:42 | #149

    Can apply for loan already? I haven’t apply any loan yet, still waiting for developer to call for admendment signing and confirm on the bank panel. For those who apply loan already which panel bank you all apply.

  150. Lim
    January 17th, 2012 at 12:48 | #150

    now already can apply loan? no need wait until sign S&P. and submit S&P latter?

  151. buyer2
    January 19th, 2012 at 12:49 | #151

    must wait for bank to inform which bank is confirm thier panel bank……

  152. kaede
    January 20th, 2012 at 10:23 | #152

    type a, 1182 sq ft is facing sierra81, type b n c is facing the other side to golden triangle, at tis moment cant apply for loan, stil waiting from developer to get adpl

  153. SRBuyer
    January 20th, 2012 at 19:23 | #153

    @kaede
    Thanks for the info !! :)

  154. JS
    January 25th, 2012 at 23:22 | #154

    so mean..still can’t apply for loan yet?
    anyone get offer from Bank d?if yes then from which bank…tq

  155. kaede
    January 27th, 2012 at 09:17 | #155

    at tis moment stil cant apply for loan, even if u aproach the banker they wil jus take down ur info, ones the developer obtain the adpl, then the banker wil start to aproach buyer, at tis moment all purchaser cant do anythings yet.

  156. Alex
    January 27th, 2012 at 14:55 | #156

    I asked the sales girl yesterday. I was told that they will only announce the finalize panel bank by end of March

  157. cl
    February 1st, 2012 at 10:44 | #157

    All units has been sold out? Any idea when expect to Sign S&P

  158. Alex
    February 1st, 2012 at 17:10 | #158

    @ cl
    Type B and C were sold out. However, during property fair last week, i noticed there were still some left over units (~13 if not mistaken :)) for type A…
    According to the sale girl, signing S&P will be on end of March or April

  159. cl
    February 1st, 2012 at 19:58 | #159

    Alex, Thanks for the info. Look like this is Hot Selling property.

  160. lim222
    February 5th, 2012 at 15:02 | #160

    ummm…. still left over BUMI lot !

  161. CT
    February 7th, 2012 at 15:20 | #161

    Anyone anywhere have new lauch project in Penang?

  162. CT
    February 7th, 2012 at 15:21 | #162

    Anyone know anywhere have new lauch project in Penang?

  163. penang
    February 7th, 2012 at 20:13 | #163

    All,
    Don’t worry about that.
    Sierra is the only phase 1 project.
    There will be another phase 2, 3 & 4.
    Stay tuned for the upcoming phases.

  164. CT
    February 8th, 2012 at 21:30 | #164

    penang,
    where u get the information? the rest of phase build at same place ? Then Sierra is no more low denst la?… :(

  165. penang
    February 8th, 2012 at 22:01 | #165

    There are huge empty land around that place.
    Informed by the sale person during my visit.
    that’s why type B & C all at one side and will be faced all the upcoming projects.
    so now do you know why!!!!

  166. WTF
    February 8th, 2012 at 22:43 | #166

    There will be another phase 2, 3 & 4 landed houses??? Could be :)

  167. penang
    February 8th, 2012 at 22:45 | #167

    high rise but not landed…..

  168. cl
    February 9th, 2012 at 11:03 | #168

    is the site already start any progress or the development area already been covered by GSD with advertisement like Summerton?

  169. WTF
    February 9th, 2012 at 23:00 | #169

    I went there last Saturday, nothing yet.

    The condo will be surrounding by landed properties. I do not care about the high rise condo few hundred meters away from this project.
    There so many high rise condo in island but still expensive. Eg Ixora Height at Sungai Nibong.

    I got many warning signals from property agents, business mans. They advise to think twice before buy a used luxury condo RM700k above. Those used condo below RM500k condo price still stable but expected to drop in Q4 2012 and 2013.

  170. cl
    February 13th, 2012 at 16:43 | #170

    Any low cost house will be built near the SR area? Since a lot of landed property project surrounding and how is the overall road expansion look like in future?

  171. SRBuyer
    February 14th, 2012 at 11:08 | #171

    adpl not yet approved ar, i was told after CNY by the sales person but till now not yet approve. Have to wait till end of march then @_@

  172. CT
    February 15th, 2012 at 00:32 | #172

    Why saying HIGH RISE? Mean is good to stay instead of buying for invesment?

  173. SRBuyer
    February 15th, 2012 at 12:27 | #173

    @CT
    Penang mean high rise is condo with multiple storey not landed property for phase 2,3,4,5,6

  174. WTH
    February 16th, 2012 at 13:51 | #174

    @SRBuyer
    then the 2,3,4,5,6 will close to golden triangle also :)

  175. SRBuyer
    February 17th, 2012 at 10:24 | #175

    @WTH
    Yea, i think so, the land is connected till Golden Triangle.

  176. cl
    February 17th, 2012 at 14:43 | #176

    if SR able to direct link with Golden Triangle that will be convinience on road exit. Or can advise is there the road expansion plan will be going on on Relau.

  177. WTH
    February 17th, 2012 at 18:36 | #177

    i heard the plan is to increase the 2lines to 5lines(3from relau) road beside golden triagle, the T-junction in front the pisa will be close. The traffic light turn to sungai ara or relau will become the main juntion connected to traffic light from D-piazza beside to pisa. If this is true plan, no need to worry jam at junction anymore. Hope you guy able to imagine how the road will look like with these changes.

  178. cl
    February 18th, 2012 at 22:59 | #178

    WHT, Thanks for the info. Wish the plan will be executed per schedule that will benefit everyone.

  179. KY
    February 21st, 2012 at 23:01 | #179

    Great to know that the road size will be increase later to reduce the traffic jam….
    but sound bad that there are more phase2,3,4,5 ,6 in the plan. Can everyone imagine how many resident there later?????

  180. Peng
    February 21st, 2012 at 23:03 | #180

    Thanks for all sharing these Good New Vs Bad New………. appreciated! Will start consider the input.
    Pls bear in mind that…. worldwise bubble is coming! Estimate in 6 mth to 1 year time from now.

  181. Brandly
    February 21st, 2012 at 23:06 | #181

    Penang property so expensive…… !!
    I just plan to buy 1 aparment ….price range not above 250k near FTZ area, any input pls share.
    Thanks a lot to all participated here. :)

  182. Pen
    February 23rd, 2012 at 20:11 | #182

    N-park, Taman jubilee, Springfield, idaman lavender, BJ Court etc.

  183. cl
    February 23rd, 2012 at 22:58 | #183

    Is SR still have any units available?

  184. angelajolie
    February 24th, 2012 at 10:02 | #184

    I was persuaded by my friend to buy this project, after make some research, i dropped my unit and get my full refund from the developer… no confidence with the developer at all. they cant give me a good reason why is their golden triangle progressing so slow and how long do they expect to complete this project? i turned the person down immediately after they gave me ambiguous answers

  185. SRBuyer
    February 25th, 2012 at 17:18 | #185

    @angelajolie
    Can get full refund, I thought forfeit RM500.

  186. cl
    March 2nd, 2012 at 11:06 | #186

    Hi, do you think Sungai Ara area property cost will be increased? Any Sharing. Thanks.

  187. WTF
    March 2nd, 2012 at 12:21 | #187

    i learn from my property developer friend. construction materials still increasing. So the house price at between 300k-500k no likely to go down even economic slow down. Slow down mean economic still growing, inflation every year, inflation mean everything will be more expensive.

  188. cl
    March 2nd, 2012 at 13:00 | #188

    WTF, Thanks for sharing.

  189. Pen
    March 4th, 2012 at 22:00 | #189

    An unit that cost <$400k may have least impact even an economy crisis as bad as 1997 repeat itself. You can hardly find a 1000sf condo which is less than $350k now.

  190. SRBuyer
    March 6th, 2012 at 11:37 | #190

    Any news from the developer, why it take so long to get approval for loan and sign S&P

  191. Lim
    March 7th, 2012 at 21:31 | #191

    today i receive letter to inform sign S&P… is your also receive it?

  192. Pen
    March 7th, 2012 at 21:46 | #192

    The letter is asking us to go for personal data update, not for signing SPA yet. They project the SPA dateline to fall on end Mar or early Apr. For me, signing SPA doesn’t mean they will stamp the agreement on time, better get the confirmation of stamping date from them before u pay the remaining sum & sign!

  193. cl
    March 7th, 2012 at 22:17 | #193

    What purpose of personal data update? is it SnP stamping soon? Any bank is panel? Any advise. Thanks.

  194. simcity
    March 7th, 2012 at 22:20 | #194

    @angelajolie
    How do you do it ? I also want to drop my unit. Tell me more

  195. SRBuyer
    March 8th, 2012 at 13:31 | #195

    @Pen
    I think it is to fill the amendment form. Until now I don’t know who the panel bank too, how to sign S&P…

  196. SRBuyer
    March 8th, 2012 at 18:15 | #196

    @Pen
    I receive letter for re-registration and to get RM2000 voucher. Izzit the same as the one you get.

  197. Lim
    March 8th, 2012 at 21:35 | #197

    @SRBuyer
    my one, no have RM2000 voucher…..

  198. cl
    March 8th, 2012 at 22:24 | #198

    Mean the letter will come with RM2K voucher, what is the voucher for? What is the purpose of re-registration? Thanks.

  199. SRBuyer
    March 8th, 2012 at 22:30 | #199

    @Lim
    You need to redeem the voucher from the office by bringing the letter along. It is for those who register and not able to get Sierra Residences due to overwhelming response during sales preview. What is your letter content then Lim?

  200. Lim
    March 8th, 2012 at 23:32 | #200

    @SRBuyer
    my letter just tell me, the S&P will prepare in end of mar, or first of Apr

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