Vertiq
Vertiq, rising majestically as the tallest development in the prominent Metro East area offers a signature lifestyle like no other. This is an upcoming freehold mixed development by IJM within MetroEast-Unidi, Penang. Located next to Pearl Regency and just a stone throw away from TESCO, an international known hypermarket. Comprises 318 residential units.
Facilities:
- Sky Garden & Lounge
- Basketball Half Court
- Children Playground
- BBQ Area & Tea Garden
- Forest & Indoor Gym
- Jungle Tai Chi & Jogging Track
- Splash Pool, Children Pool, Pool Deck, Mini Water Theme Park, Jacuzzi, Swimming Pool
- Community Hall
Type A
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Type B
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| Built-up Area: 1,302 sq ft |
Built-up Area: 1,044 sq ft |
| No. of units: 47 |
No. of units: 150 |
Type C
|
Type D
|
| Built-up Area: 1,496 sq ft |
Built-up Area: 1,281 sq ft |
| No. of units: 10 |
No. of units: 25 |
Type E
|
Type F
|
| Built-up Area: 1,055 sq ft |
Built-up Area: 2,056 sq ft |
| No. of units: 26 |
No. of units: 29 |
Type G
|
Type J
|
| Built-up Area: 1,927 sq ft |
Built-up Area: 2,303 sq ft |
| No. of units: 13 |
No. of units: 2 |
Type K
|
|
| Built-up Area: 1,647 sq ft |
|
| No. of units: 16 |
Property Project : Vertiq
Location : MetroEast, Gelugor, Penang
Property Type : Condominium
Land Tenure : Freehold
Built-up Area : 1,044 sq.ft. onward
Total Units : 318
Indicative Price: RM540,000 onward
Developer : IJM Land
Tags:
@Reality
noted tq.. how much market value now? asking price i know close to or more than 1m dy..
don’t compare Vertiq n Pearl Regency lah……. see the outside façade of them u oredi which 1 better to choose….
Please advertise “real photos” of Vertiq and not pictures drawing so that we can
compare.
i believe @joe meant actual facade of vertiq already bro
@jjh
Nothing special, slightly better looking and is still crammed in the same area
with TNB station.
Anyone know when i can get the key ? End of April ? Will IJM compensate owners for late delivery ?
ijm said they will send the letter for keys collection by this week
Can take key starting from 6th of April, provided after clearing 4 months of maintenance and sinking fees, and some misc fees. Owners have to arrange an appointment with IJM and they will send a person to assist owners on how to operate home automation system and also detecting defects if there is any.
Have you all taken key ?
Any feedbacks for those who has taken their keys?
Laminated floor got minor scratches and some area were no smooth. Toilet floor drain a bit. Didn’t spend much time inside as it was hot & humid inside & no electricity
@kk
There is actually electricity. I tried switching on the air con in the living room. Just no lights.
Laminated floor tend to have many scratches after your renovation. Need to ask your contractor to be extra careful.
How much is the sellig price psf now?
The project really look nice and facing sea but from which level onwards that the sea view wont be blocked?
At least 800’psqft @IsaacTan
@Fight
The starting price start from RM750k..onwards
@IsaacTan
Around 800psft, this is based on Bayswater price.
I found out there is a design fraud in the Master bathroom (unit 1087sqf). Water closet is placed too close to the toilet paper holder. My left arm will touch the toilet paper when i sit on the water closet
@john
What does it mean by BAyswater price?
@kk
Wow, you are quite thorough in defect checking. I have not find out whether my WC has similar problem like yours.
Anyway, as for my unit, the defects I have found so far are:
1. some minor scratches on the tiles in the living room
2. loosen window open/close handle in the master bedroom
3. small patch of unpainted area in the dry yard (at the bottom near the skirting)
4. small patches of stains on the tiles, near to the entrance of my unit
5. some finger print stain on the wall near the switch in the living room
Other than the above mentioned defects, I am quite satisfied with my unit. (unit 1281sqft)
@Reality
You are one of the owners of Shineville condo right?
No wonder you are such a sour grape, kept posting negative comments about this property.
I don’t blame you being frustrated, to stuck with your ever depreciating, water leaking, cemetery view unit in Shineville which now have turned into new Bangla/Indon nest. What a poor bloke.
In the end, it’s still about location. Minor defects here and there sure got, but that’s not the main factors that determine the value of the property.
Anyway, at least Vertiq does not look like Pearl Regency, the most horrible looking condo in Penang of all time. THE WORST! Al-qaeda should send a couple of Boeing 747 to crash the building. Those who bought from IJM really got ripped off BIG TIME!
@rusty
Don’t simply shoot as you like. If it’s that bad as you said there are still
people looking to buy in Shineville. The Vertiq is badly hit is it ?
@Reality
Like what sweetgirl said, when it comes to determining the value of properties, its always about location, location and location. I am not going to argue whether Vertiq has market or not in sub-sale, you can always refer to any property agent in penang for that.
As for the defects found in Shineville, they are not minor at all and there is no quick fix. Of course there will be always people looking to buy Shineville, mainly it is because of its current price (RM550k the cheapest I can find in the market) for a relatively big condo, which work out to be RM334/sqft. Please don’t ask me to call and see whether I can get a unit in Shineville with RM550k, I already did and confirmed with the agent. U can try and call too.
@rusty
My relative has one unit in Pearl Regency and one in Vertiq. Both got
stuck.
@Reality
vertiq just get oc bro… stuck what?
@Reality
Pearl regency yes, its more difficult to sell, maybe due to its design, not everyone likes it.
But Vertiq stuck cannot sell off?? Dude, owners can obtain the keys starting from the 6th of April only. Owners have to make appointment with IJM for that. Owners can’t go and take their keys anytime they want.
So that means ur relative is stuck with Vertiq for 9 days until today 15th of April, provided got house viewing immediately he took his house key on the 6th of April. Please don’t come and tell me grandmother story that can sell off the house b4 obtaining VP. Yes it is possible, provided the building must be at least in 80% completion and you need to go through a lawyer to make it happen. The process is tedious and certainly has its risks to the owners who wish to do so.
From the way u speak, I know where you come from. U are here to create BS story, just to make baseless negative comments about Vertiq.
Making Vertiq look bad won’t help increase the price of Shineville, just saying. Consumers at the end will still judge the value of a property based on a few important factors. U can’t argue about that.
To be honest with u bro, If I were to choose a property in that area, I would have gone for Boulevard instead of Shineville. The readers here should know what those deciding factors are.
@rusty
No need grandfather’s story so long, according to my relative it’s going to
face the same fate as The Pearl Regency even he himself has a unit !!!!!!
You have chosen to be near to TNB station like my relative.
@Reality
on jan 18th, 2015 u said ur relative stuck with 2 units in pearl regency… now become one unit… hoho…
btw, on jan 19th, 2015 u said ur relative bought pearl regency unit at rm800k… if u search in mudah cheapest asking price now is rm998k… ask ur relative to lower the price lah… then no stuck ady… aiyoooi
Bought 800k for 1389 sq. ft. Lower the price is not my decision.
metro-east area going to benefit from the light phase 2 soon. ijmland privatisation i think almost completed. below is part of the report (march 2, 2015) from maybank regarding the light phase 2 project.
“As for The Light Phase 2 that consists of a mixed development, management expects to finalise its JV partner and the development plans soon that would include a medium-to- high-end shopping mall, convention center, hotels, offices and residential. This could be announced in 2Q15.”
Bro, no need come telling us ur ‘imaginary relative’ story anymore. If u wanna create fake story also , please do some home work first la. We already caught u lying red-handed. U have lost ur creditability by telling all those baseless nonsense. U are a type of person can’t take reason with. No point talking with u. Why don’t you just crawl back to ur Shineville forum and don’t ever come back again.
Aiyo bro HC, this guy got stuck with his Shineville unit and its extremely painful liao to pay for instalment for that crap every month. Let him say whatever he wants. Kesian him also.
PR is my home, it’s very heartache to see you vertiq owners simply terrorizing about my home, common sense-ly speaking, there’s no need to attack others if you don’t feel the threat. PR is just a low density, quiet and cozy place, targeted for those who prefer for spacious interior space well used, personally in msia, I have never been able to make use of a balcony. Just take a look at the units lighted up at night when you pass by, I feel that the occupancy is quite good for just a year time, compare to the light linear. If you guys worried about competition, vertiq itself has nearly 400 units for you to attack. Of course you can express your liking, but it’s bad karma to yourself to always have bad thoughts and simply say bad things to others. I personally think vertiq is very nice too, IJM created vertiq to target for those who only need smaller size condo, and PR with big space, and Platino with even bigger space! So no worries, let us all live with harmonious in this area of conveniences, and hope that LRT will pass by here. Peace!
@rusty
I thought you’re smart but then it’s only when the truth hurts. Hello you
think it’s ‘imaginary relative’. He still have other house on the island.
@peace
Hi Peace,
Well said. Personally, I feel the design of PR is unique. Maybe it doesn’t suit everyone’s taste. What matters is as long as you like it. Is like what you said, it definitely has its perks living there. Cheers!
PR is it peak residence? Actually can ignore all those comment. As long as that place you can call home and you feel comfortable then is good enough.
Buying as an investment for selling purposes then it will be a different story.
So no worry….cheers
@peace
yes, i can see that PR occupancy rate not bad…. agree with u that IJM has made a good mix of products to cater for diff profiles/needs of buyer around that area….
btw, do you know is there any new shop going to open at udini square after DIY? Looks like the take up rate for udini square quite slow. I can see they already built the link bridge to tesco… nice!
@IsaacTan
PR= Pearl Regency
@Why
I was questioning about the authenticity of his claims from his ‘relative story’. He didn’t answer HC and I straight. It has nothing to do with how many properties he has in Penang. But I know he is one of the owners in Shineville, and ya, the truth hurts.
Well, a lot of people make the mistake of “As long as that place you can call home and you feel comfortable then is good enough”, and then regret later when they see other properties appreciate faster.
We live in a different world now, whereby a property that you live in today could well be your retirement fund that you need when you’re old. “Retirement fund” as in you might have to sell it when you’re old to extract cash, and then buy something else cheaper to live in until you die. Making a good property purchase today could mean a difference of maybe an extra RM1 mil for your retirement.
So wake up, use your brain and think long term. Of course, what I am talking about here is for those 95% who still need to save up for retirement. The other 5% who already have at least RM 5mil in their bank account plus a multi-asset investment portfolio can surely afford to burn some money on “low-cost-flat-looking” condos.
@fizz
well, that’s follow by the book per say, but in reality, I’ve only seen folks not manage to sell the very well appreciated property, because, it’s too well appreciated to be bought. Or, simply too comfortable and impossible to downgrade to some smaller or secluded home. Investment point of view is good, but buying a home is not a mistake either.
Pearl Regency already got stuck and I will update Vertiq as time goes by
if you would like to know the outcome in the future.
For your info I have bought Sandilands.
@Why
Are u Reality’s ‘ imaginary relative’? Do u own a unit Vertiq? I wanna meet u up at Vertiq to discuss this topic further. What’s unit number?
@Rusty
I have told you I don’t own a unit in Vertiq but my relative. It’s not my unit
so I can’t disclose the unit number. Are you willing to tell me your unit no.
then ?
Anyway don’t worry, I will be updating you from time to time.
@Why
ah, another guy with relative story. and telling bad thing… what kind of relative is this.
no need to update la bro… just call agent that advertised in mudah, ask them what is the response…
@hc
Staying in M’sia don’t have to say good if it’s bad. I will give updates because
you’re very keen to know in the first place.
@Why
hahah, where is the update? i still have 15 mins before chelsea-mu game started.
btw, i feel something not right with this website, most of the threads will have people like u give comment.. hmmmm fishy fishy
@hc
I don’t think you understood, I will be updating you from time to time.
This website is not right when we have people like you making wild
guesses and trying to be smart.
@Why
heheh ok ok, my bad… i will wait for your update then. in the meantime, let me give some update. i spoke to one owner who want to sell his unit.. he said he got 10 appointments for viewing in 3 days…
btw, have u visited vertiq?
@hc
I have been inside Pearl Regency but not Vertiq yet. PR doesn’t seem to an
area for drying clothes !!!!!
I’ve been to view PR and Vertiq, like market place in V, 1 unit set appointment all at the same time, walk away straight as its lower floor and facing evening sun, poor view and literally hot, the rest layout so so. Agent, if your are reading please state which unit going to view before we going, bump into many repeated units, waste energy. In summary, more facilities in V, e.g. water fun park, bb ball court, but probably because I don’t like kids, the high density and the crowds in the water fun park poses some concern to me. Build, quality and material quite similar to PR, could be the same contractor, unit wise, PR gives a more comfortable feeling. Many agents keep call to follow up, well will take my time to shop around first.
@Why
I thought u own an unit in Vertiq, that’s why u will update me from time to time. Then no point to update me from time to time, even if u are a property agent. I have a few friends working as agents too.
The location of Sandilands not bad in my opinion, good for you.
If you can’t find a good spot for drying your clothes in PR, then op for a dryer, approx. RM2k.
@Rusty
I am not a property agent.
@Why
U are not an owner and u are not an agent, then in what position u are to update me about the subsale market of Vertiq? Update me based on what your ‘relative’ tells you again?
Definitely or else all these owners are telling different kind of stories. Why is it
scare to hear the real truth ?
hi kk , can i have your phone or u msg my contact 0174624719, i have a buyer wanna viewing tis coming sunday tq . i am kalyn tan from DF Realty @kk
Yes, the truth hurts. Market is very slow now, speculators are in deep sh1t! especially those who bought at RM550psf and above. A lot of auctions are on the way.
@tuktuk
At the location like Metroeast, RM800/sqft is totally reasonable. Properties around Gurney is about RM1000/sqft and in Bayan Lepas/Sg Ara area, properties price is about RM650-700/sqft. I do not think property owners in Metroeast are in deep Sh*t at all.
@Rusty
Your price is speculative. You can easily get Elite Heights or Golden Triangle at RM500/ft.
At bayan lepas/sg ara area how to get 650-700/sqf? Even Fiera Vista 1400sqf can only sell at ~RM700k, same goes to Elite Heights. Avg sub sale still below RM550/sqf, bro.
However, RM650-700sqf is reasonable for Vertiq by the way : )
What so good about Vertiq to command such pricing ? Nothing !!!!
@Talk Only
Fengshui good… He he..
Green dragon white tiger red Phoenix black turtle all there ..
That alone is worth the money
@Goodfengshui
There is sharp corner from PR slashing directly at Vertiq. Can we do something to amend this bad fengshui?
@Goodfengshui
Tell that to “Fengshui” fanatics. This believe is not going to change
anything to the real world.
@saw
I thought Vertiq is doing the ‘cutting’? The slanted block is at an angle towards pr. Sorry pr residents but go take this up with Ijm architects …
Btw I’m not a fengshui master. Just a silly guy who wants to believe that Vertiq will bring luck to all its tenants.
Been reading up on the basics and seems to meet most of the good fengshui criteria.. Including bright Hall effect.. Emperors belt.. And that egate as gold ingot shape ..
Ppl who scoff at this.. Well all the mega rich folks do consult fengshui masters and pay big bucks for their services.. Ignore at own peril.. Or in this case believe and enjoy thousand year good luck..
@Goodfengshui
What, only as gold ingot shape !!!!! This fengshui also brought down IJM !!!!!
Malaysian Rating Corp Bhd (MARC) has revised its outlook on the long-term
rating of IJM Corp Bhd to “negative” from “stable”.
@sokohaw
Just got info from prop agent, sold 1 unit 1087sqft at 800k. RM735/sqft. U can cross check with Jabatan tanah pulau pinang later to verify my claim.
First episode of Vertiq’s drama, nice try !!!!!!!!!
@Talk Only
haih, dont gaduh gaduh. u can also call agent that advertised unit 1087 sft for ~800k in mudah to verify this. i called two agents, what @Rusty said is true… unless both agents lied to me…
btw, ijm already announced the light phase 2 partner yesterday… perennial real estate from singapore…
@hc
Episode no. 2 !!!!!!
@Talk Only
hahah whatever bro… as long as u happy…
The ratings for IJM bonds have been downgraded due to (1) low palm oil price (2) concerns with IJM property development problems. I guess things are pretty bad now.
@Talk Only
Maybe u are very rich, staying in very high class residencial area. To me, Vertiq is good enough for me and this is something that I can only afford. Still proud of being one of the owners here regardless what haters say about this place.
Bro, subsale already started and there are already successful transactions. How is ur ‘relative’ doing? Still stuck with his unit in vertiq? Maybe he asks for RM1000/sqft kut. That’s why stuck. Say something leh. Don’t be like ‘talk only’. He really only knows how to talk baseless crap and nothing else.
@Rusty
Just sell my unit..RM860k seaview highfloor.
@ck
How many sq. ft. was your unit that sold for RM 860K ?
@diver
from theedge
– This is due to the sharp decline in crude palm oil prices and slowdown in the property segment.
MARC noted that IJM Corp’s borrowings had steadily risen to RM6.3 billion
Thus, IJM could be lowered due to weakening performance of key business segments and additional increase in borrowings.
slowdown in malaysia property segment la bro, not IJM property arm only…
Just sold my 1000sf unit for 900k. New height i guess… You guys should not sell that low..
this one i think drama… where is @Talk Only, lai lai you have chance to say episode 3 with above posting… hopefully can make u happy
@mk
@ck
Congratulations to Bro ck and mk. Well done.
I am not making a drama here regarding the sub-sales of vertiq. Don’t just ‘talk only’, as I said, go and check with the jabatan Tanah pulau pinang later to verify my claim.
This is good “fengshui that brought down IJM” !!!!!!! Any episode 3?
mk and ck, where is “fk” ? Very soon !!!!!!!
I am only willing to let go if someone offers me 800psf and above… For those who think it is overpriced, you can buy somewhere else!!!
What ?? RM800psf??? I am willing to let go at least RM1000psf!!!! Nothing less than that!
@owner
How many sq. ft. is your unit and at what floor ?
Can u say something more constructive? U are making a fool of urself by spitting out this kind of nonsense. Ur nickname really suits your personality.
@owner
From the way u speak, u must have ample holding power. Good for you.
@Rusty
Hello, this is no nonsense , this is real facts. You just can’t accept the truth.
@Rusty
Oh rusty .. Stop wasting your time and feed into that attention seeking hater..
Must have been dropped on the head as a child..
Any Facebook or whatsapp owners channel to discuss Vertiq related matters? Or mostly investors ?
What u said is real fact? Tell me. Vertiq no subsale market is real fact? Or ur statement : ‘mk and ck, where is “fk” ? Very soon !!!!!!!’ is real fact?
Actually I really don’t understand what is your purpose here by saying all these nonsense. And what ‘fk’ supposed to mean anyway? Is that your initial?
@Goodfengshui
Maybe he is a pissed off owner stuck with a shitty project, trying to release his anger here. Ada orang jealous…… huhuhu.
Are u planning to stay there @Goodfengshui?
CK & MK , same person lah . RM 860K & RM 900K is a DREAM Price in vertic
@Ah Guan
Yes they are all dreaming !!!!!!!!!!
@Rusty
Absolutely .. My dream place .. Not just the fengshui aspect ..(that’s just feel good factor)
The location the sea view the convenience the size it all fits very well ..
Sit south face north .. Freehold .. Solid ground facing sea view..these are all criteria that I can’t easily find elsewhere..
@Goodfengshui
Running away from the truth. Trying to hide in Facebook or whatsapp ?
@Goodfengshui
That’s all the reasons why I have chosen this place. Surprisingly this place is quite cooling and windy. The convenience of staying in metro east is what I like most. Anyway, I am really excited on how to renovate my unit. Signed up a kitchen reno packaging during last Homedec. It’s gonna be a comfortable place to stay in. Cool!
Mine sold @ RM880k… So many buyers offered..
Episode no. 3 , should have sold more than RM 1 million !!!!!!!! So many
“false” offers and RM 880k also “shiok sendiri”.
Why nobody mention the constant smell of burning rubbish? Can get the smell even if you live on high floor. What about the weekly mat rempit racing around tesco at early hours that you can even hear with the windows closed? Don’t even get me started on the dust. Your house will get dusty in just two days! The only good thing is convenience of location.
I am just sharing my honest opinion after moving in around this area for 6 months.
@Bayswater resident
why shared your own problem to the whole world?
It’s not even economical to shop at Tesco now. Prices of things has become
dearer compare to last time.
@Bayswater resident
Yes the rubbish smell and illegal racing by mat rempit at early hours confirmed
a very bad location.
@Bayswater resident
oh no wonder bayswater value “drop”, now asking 9++k for 13++ (drop from 300k$… if u cannot tahan does not mean other people cannot tahan also… do u know the meaning of location, location, location in property… this is one of the classic example.. location is above all…
@Expensive
tesco management must be very stupid then… people will shop at giant, sunshine etc… pity tesco…. will close shop soon because other hypermarket selling bery cheap compare to them…. they set the price without comparing it with competitor… but i still see people go to tesco… ah, maybe the people is stupid..
@hc
Those who still frequent Tesco are still the ignorant lots. There have been a
considerable drop of customers in recent months.
@Expensive
that is why i said, tesco will close shop soon… they dont even know how to react when the number of customer drop… they just simply increase the price.. what la tesco… or are u referring to tesco near to vertiq only…
Go check with jabatan tanah pulau pinang if u don’t believe.
especially can foods, higher rm0.50 to rm1.50 compare to other hypermarket.
only certain vegetables and fish cheaper when holiday or happy hour offer.
But something good such like free parking, post office,courts, popular book shop, fast food outlet, foodcourt etc. A lot of outside shoplots and stalls to view, this is the main reason to attract people go to TESCO
Kfc monthly rental over 20k, popular 20k, mcd 20k, nasi kandar over 10k, hongleong bank 13k, and other shoplot, every month got at least 100k rental, u think Tesxo will close?
@rental
I don’t think you know that Tesco is renting its premise from IJM.
sold vertiq for 850k for 1045 sf..
at first i was quite nervous because of the property slowing down and the number of unit is high. but manage to sell n sign SNP a week after getting the key.
Thanks IJM.
but i noticed due to rushing of work IJM’s quality now is dropping.. been noticing it since maritime.
And now you all arguing about tesco… Oh ffs.
@hc I am speaking based on experience after staying here for a couple of months.
I work at there before, print report every month, thats y I know, u can go and ask rental.
If ever Tesco is closing down any stores, Tanjung Tkong will have to close first because the business is only 40% of Tesco Udini. Sam’s grocer & cold storage are doing much better in TTkong because they sell niche expensive stuff which is sought after by the rich people there. Sam’s and CStorage would definitely fail in south penang island.
talk only
this is free blog..every can write , btw the reason i wrote was becos:
reason 1 : im glad that i made good investmet .. 290k in 3 years.
reason 2 : wanted to highlight the quality of workmanship now is dropping. internal unit design also not that good.
@vertiq investor
Of course you can write. You sound like telling the whole world you had
made such amount of money within 3 years not forgetting the real issue
that made you posted this unwarranted comment if you had really sold
it.
This vertiq investor is not telling the truth. If I had to pay rm850k for vertiq I might as well rm850k for tamarind 1250sft bigger size and better location some more.
@Pal
Yes, he is telling lies about Vertiq.
Now we have these ” Panic ” selling by owners.
I have sold my unit with 890k highfloor 1087sqf 3carpark…
I have earn 300k on this. Cheers!!!
Episode no.4
@Bayswater& Vertiq
I earn slightly less.
Talk Only
i was all like you 4 – 5 years ago..giving negative comments in property blogs hoping the price of the properties in the island generally will be affected, so that i can buy cheap…
the fact is yes, there is a price appreciation concern on this subsale market now. properties above 700k is difficult to sell considering the mass medium income earners is out of their reach to afford that. i was lucky manage to dispose my unit early, considering the density is high at vertiq. and most of the buyers are rather investors, i presume.
so its good time for bargaining if u considering to buy for your own stay, but dont expect the price will go down too low. 750 psf is a good price. lower than that try to look for other area.
but if you plan to invest in properties now is not good time esp in the island.. seberang Prai is coming up, plenty of opportunities there.. if u dont mind broaden your horizon further, Klang valley is still OK eventhough return would not be that high as compare to Penang 4-5 years ago..
Happy hunting
so look and learn
“No road” but episode no.5 !!!!!!
@Pal
I don’t agree with ur statement. I won’t choose tamarind because of 3 reasons:
1. Super high dense
2. I personally dislike that location. No offense but I feel that place is too jam. And it is not situated in the middle of everything.
3. 2 exits along the same road. Unlike metroeast, there are 4 exits, leading to different locations( 1.town, 2. green lane/Scotland road 3. Queensbay/bayan lepas 4.Seberang/Perai 5. Gelugor)
Received so many calls to view my unit. I think the price can go up further.
hahaha, just ignore haters… only owners know what is happening in vertiq now…
@goh
Yes. I do receive many call for viewing:-)
I believe the price will be at RM900k++ easily by next year.. This location is one of the best appreciated place in penang. I don’t think appreciation on Tamarind will be as good as Vertiq.
Haha…….haha…………….hahhaaaaaa….. nice jokes.
@Talk More
i can confirm that many calls for viewing (it is up to u want to believe or not)… but on 900k by next year i am not sure…
maybe bro Reality can ask his relative to confirm this…
@hc
So many different nicknames under the same sour grape behind his computer. Poor bloke.
With the upcoming Water Front project joint ventured with Perennial Real Estate, the value of properties in Metroeast still have room for appreciation definitely.
@Rusty
“Just trying to stay “Alive” in the property sector that it has actually forced into
a joint venture”. @Lousy Developer
@Talk Only
aiyaa… u know perennial or not? you know ijm or not?
I know rating of IJM Corp Bhd to “negative” from “stable”.
@Talk Only
ah obviuosly u dont know many thing.. suggest u do homework… and i think the rating subject too heavy for u… just focus on why ijm JV with perennial… after all, it is more related to the topic
Hmm.. i am kinda worried about this perennial JV thing.. my current mou dik(unparalleled) seaview might be blocked by all the hotels/office buildings. i hope they wont go crazy and build over 40 storeys on reclaimed land, that was the original plan.. if it remains low and modest, i think that would certainly liven up the area… and if IJM can make good their promise to build a flyover from metro east to Light 2 area, that would certainly be awesome.. i can imagine cycling over to join that coastal bike lane if that flyover is pedestrian friendly..
@hc
What will that be “many things” I dont know ? Please do tell us then.
RM800k to RM900k is still considered affordable for many young couple. I am keeping mine for further capital gain.
If pearl regency, vertiq, platino, bays water all stuck, it’s because sub sale price has gone over board n ppl buying for own stay simply can’t afford the hefty sum, and lately due to BNM strict guidelines for housing loan makes it more difficult for buyer to secure the loan n egilibility level is so high, end of the day supply is higher than the demand, even thou location is a plus point, how many locals can afford to buy n stay? Foreigners buying for investment, not for own stay…so good luck to all owners…try to sell with reasonable profit may help to reduce the burden….lol
Lousy location.
@Talk Only
Lousy guy, ‘talk only’
Other ppl can’t afford or just u cannot afford?
@Rusty
I think what Talk Only meant was, people who can afford that price don’t want to stay in that area, whereas people who are willing to stay there cannot afford it. That would explain the “emptiness” there. The supply of condos is really huge there, more than 50% bought by speculators who overestimated the demand. Well, what to do? IJM happy lor, whereas the buyers, slowly lor.
@–TRX–
Did u mean LCW or Talk Only? Hmmm….. I smell something fishy here. Multiple nicks under the same guy perhaps?
Anyway, I am one of those examples who is willing to stay there and can afford it. The location is the main factor of my purchase. But I don’t need another smart alec come telling me the TNB issue, will not argue or entertain also.
The supply of condo is huge everywhere in Penang since many developers jumped onto the property bandwagon in Penang a few years back.
The question is, if the subsale market in Metroeast is bad, then which area in particular is good in Penang? Sg. Ara? Bayan Lepas? Relau? Farlim? Tanjung Tokong? Tanjung Bunga? The Light? Batu Uban? Bukit Gambir? Or Gurney? Give me some data please.
At this time, the whole market is slow. However some projects have better subsale market compared to others. I do not think the subsale market of Vertiq is bad at all if taking in consideration of the overall current property market pace in Penang. From 6th of April(the date owners started receiving their keys) until End of April, at least 10 recorded transactions. Anyone can verify it with Jabatan Tanah Penang later.
For those owners who have the holding power, they won’t be so eager to sell their units off so fast. Why sell when the potential capital gain is there? U think so easy to be speculator meh if don’t have a few pennies in the pocket? No offense, just saying.
@Rusty
Yup, agree with you. Like I said, IJM happy lor, buyers slowly lor.
“From 6th of April(the date owners started receiving their keys) until End of
April, at least 10 recorded transactions. Anyone can verify it with Jabatan
Tanah Penang later”. @Rusty
End of the road, episode no.6.
Will join in so you are not so lonely, rusty.. In a sea of naysayers
I really really really like my unit. There were a few surprises besides the points I raised.
From my block .. There is not one not two not there but 4 pool views.. Could see pearl regency’s , bayswaters’, platino’s pool and of course our own pool view. In some places you pay a premium for teeny tiny view of the pool. This is 4 water features that you can enjoy all from the comfort of your balcony…. ++++
And the sea view did not disappoint.. But then the pleasant surprise was the back view. The hill view was just as stunning… Rolling green hills with lots of greenery .. Talk about good strong backing ..
That view is really refreshing and will keep me entertained every time I wait for the elevators to come.
The back hill face sea criteria is better than I had hoped for..
@Goodfengshui
Vertiq back got hill meh? I thought that’s a rubbish landfill?
Front got sea meh? I though it’s Pearl Regency in front?
Side….side got big industrial chimney that’s for sure lah.
hahah u guys still layan these haters. just ignore them. they know more than what owners know. but if bro @reality comment here, i want to ask question what happen to his relative.
Only “negative” fengshui to the owners.
aiyo, called bro @reality but bro @Talk Only come out. owh, could be the same guy.
to the readers, if u follow other projects in this website, u can see this type of character in almost all the threads. i don’t think we in malaysia have many people with this kind of attitude. if u see the comments u would think that penang has so many people that got attitude problem which i dont think so. if u read property forum such as propertywtf or lowyat, very hard to find people with this kind of attitude.. in this website u can find it in almost all thread. amazing!
@hc
No lah. The replies are not for the benefit of the trolls .. (Some with apparently very wicked hearts and would curse others for no apparent reason .. Well for a believer in fengshui I’m also a firm believer in karma..)
It’s more for prospective buyers to go see for themselves what a nice view they’ll get if you choose the right block. I’m not selling mine .. Just hope to get good neighbors soon..
Some people not affordable to buy, so feel sour grapeloh !!!
Huh? Like that also consider end of road ah? LOL!
@Goodfengshui
I can only see 3 pools from my balcony. I can guess which block u gonna stay in.
But I agree of what u say, the seaview and the town/hill view is magnificent. I gotta say, its quite breezy there.
@gwen
Another troll acting like Katak. Lol!
@hc
Wah! You still want ‘Reality’ to reply u his ‘imaginary’ relative story ah? He has evolved from a tadpole to a katak and now he has a new nick : – ‘Talk Only’ Taadaa!
No subsales, so talk only. Very good.
Feng Shui today is something that most people think they know because they’ve read a few articles from Joey Yap or Lillian Too’s website, or perhaps even a few books. Hence, Feng Shui is now being practiced in such a degraded way.
@Goodfengshui: Having water feature is not necessarily good if they are at the wrong places which can bring harm to wealth and career. If you know how to chart the flying stars, you need water for the ruling 8 water star and mountain for the ruling 8 mountain star. Not forgetting to check Zheng Shen and Zhao Shen. There are also many different types of water methods to activate the “chi”.
Although I am not a master or expert in Feng Shui, it is quite clear that metro east isn’t as good as it used to be in terms of feng shui. IJM definitely incorporated a lot of Feng Shui considerations and not just build based on what the architect designed.
“Qi rides the wind.” The rubbish dump area is smoking whenever the weather gets hot. It would be even worse if it rains for a while. Most people would think that only “The Spring” would be affected, but the fact is the horrid smell can reach Metro East area. If you cannot open the window or door because of the dreaded smell, then what good qi is going to come in?
A huge chimney at the TNB station. It would be very bad if the window for certain units is directly facing the chimney. This is a very strong wood “sha qi” and most people who uses the area that has the direct view of this chimney will be badly affected.
Noise can also bring sha qi. Apart from the highway with the occasional siren from police to escort the VIPs, don’t forget the weekly mat rempit racing and going round and round in metro east in the middle of the night. The sound can be heard even with all the windows and doors closed. Logically if your sleep is being disturbed by this noise, you can’t work well tomorrow and that has an indirect effect to your career/wealth. This has been a long standing unresolved issue that the government is reluctant to build a speed bump. Feel free to enquire from the management of Bayswater and Platino. Even Dato’s living there couldn’t do a thing about this issue.
Without a doubt, one of the main advantage in living in Metro East is the convenience of buying things from Tesco and eating out in e-Gate. In terms of being in central, yes, but traffic is pretty bad in Penang nowadays.
Just my 2 cents.
Looking for a unit in vertiq,kindly email awktsp@gmail.com (direct owner only) ….thanks!
Promotional Space available in Udini Square
Location: Level 1 (Ground Floor)
Area: approximately 3,300 sq.ft
Unique Selling Point: (i) Facing main entrance (ii) Next to Tesco
Unique Exist Point: Includes 2 link bridges – Tesco & Vertiq Condominium
Please contact Udini Square Management Office at 04-291 5477
Limited Office Space open for Lease @ Udini Square
Please contact Udini Square Management Office at 04-291 5477
Calling for all Vertiq Owners . There is a big hassle to apply for electric in Vertiq . I personally have to go the management office 5 times to get it done and get robbed for “800” ringgit ; 700 deposit plus don’t know what installation fee. Instead of applying direct from TNB branches, this is paid to the management office and which in turn pay to another so called TNB subsidiary company . This is all weird as electric application needs to go thru management office .
This hassle didn’t end here as every month you’re are to go to management office and get your electric BILL and pay in cash , failing which your electric will be cut ..
I’m writing to group all Vertiq owners to file a big time complain to the IJM management. Also I want to know if other new project electric application suffered the same fate. ???
KC Wong
Any subsale till date?
Just for knowledge sharing. For the same type of unit, higher floor not only has better view but also has higher ceiling. The few inches difference in ceiling height does matter when you install the plaster ceiling.
Subsale price hit 800k for 1000sf empty unit.
hi vertiq owner, i m interested for a unit of 1044 or 1055 sq ft, any owner out there wan to sell, can whatapp me at 0164481257
Dear Direct Vertiq Owner, im looking 1200sq ft unit to rent.
To vertiq direct owner, i m interested to get a 1044 or 1054 sf unit..pls email kcpg80@yahoo.com…no agents pls….
To vertiq direct owner, i m interested to get a 1044 or 1054 sf unit middle floor..pls email kcpg80@yahoo.com…no agents pls….
Anyone interested to sell unit type C, K or G, please kindly PM me.
@Erin
3 car parks, very reasonable price
Subsale price hit 720k now..
@Chan
Give me yr contact no or email so that you can be contacted
Wow cant believe ppl willing to pay close to 1 million to breath the toxic chemical smoke and radiotion everyday next to the site with a huge big “pipe building” lol
Is it possible to get <780k for smallest unit now?
@gooner
Anything is possible for now. Market is very slow.. It is going to take at least 3 years to recover.. I believe after CNY..the price will go down gradually.. RM730k to RM800k for empty unit.. Above 800k i don’t think got buyer… Some unit already posted 1 year+..still unable to sell..
No subsales, so talk only. Very good.
Weather has been pretty hot again especially during Chinese New Year and guess what?
The rubbish dump area is burning up and the smoke is even thicker after a slight rain yesterday. The wind direction blowing from North or Northeast doesn’t help at all as it is blowing the smoke directly to Metro East.
@Erin
I have a Type G unit at Tower 2:
– 1927sqft / original unit
– 3 car parks side by side
Only for serious buyer.
Interested please contact me at elrichchan@gmail.com
To vertiq direct owner, i m interested to get a 1044 or 1054 sf unit middle floor..pls email ywhn@hotmail.com…no agents pls…
@Nic
Can you share me the price range you looking for? Have a few unit on hand..start from RM730k onwards..
Looking vertiq unit for rent,anyone?kindly email awktsp@gmail.com, thanx!!
I am looking to buy 1044 sf unit at higher floor.
pls email to andytklai2010@gmail.com
Am interested in Vertiq Type K unit – 1668KSFT. Any serious seller, only email me at mmbb2898@gmail.com
How much is the maintenance fee?
@Rick Goh
i am interest, still available ? pls email to janechoongcocoria@gmail.com
thank you
I am interested in buying type E 1054, direct from owner. Contact tcsstan@yahoo.com
What’s the cheapest unit here? Reasonably mid floor to high.. please email hahakat88@hotmail.com thanks.
Hi, i’m a genuine buyer. No agents please. Please email: aunthiam@gmail.com