Pearl Residence @ Pearl City
Pearl Residence, the latest addition to Pearl City by Tambun Indah. Pearl City is a self-contained township with good Feng Shui and supported by well-planned infrastructure. This gated and guarded development is adjacent to Pearl Villas, comprises 2-storey terrace and semi-detached houses.
Property Project : Pearl Residence
Location : Pearl City, Simpang Ampat, Penang
Property Type : 2-Storey Terrace & Semi-Detached
Land Area: 22′ x 66′ (Terrace), 35′ x 80′ (Semi-D)
Built-up Area: 22′ x 40′ (Terrace), 24′ x 43′ (Semi-D)
Tenure : Freehold
Developer : Tambun Indah
Indicative Price: RM 308,000 onwards
Quite impossible the semi-D only 375k, should be 475k I think.
@BD , thanks for the catch. You are right, unlikely 375k. I’ll update again once I got the right pricing for semi-d.
PG 2nd link is trending towards completion at mid of 2013. I am foreseeing the property price at Pearl City gonna “BooM” very soon comparing to Bt.Kawan which i still haven’t seen any development there yet. Currently, dev at Bt.Kawan is at planning stage, and i think the plan is targeting low-medium cost housing + factories. I am worried of bangla~.
Not sure if this is a good place to invest onot? The price is still affordable(50k-100k lesser) compares to BM area and the potential of development is also higher than BM.
@Terroblade Chong
For sure. based on the concept plan many proposals for the low medium cost and factories + Penang Science Park same as first bridge situation. Effect from first bridge so many foreigners stay at low medium cost like Taman Pelangi, prai and juru area. For non gated community should be careful because now not only low medium cost but new double storey terrace also they use as foreign workers hostel. Batu Kawan, Juru, Bukit Minyak, Simpang Ampat and maybe Alma should watch out.
Seems like there is a risk invest on bt kawan now. I’m doubt how long will it takes for bt.kawan to develop, and de curr projects are all LMCs make de situation even worse. I went to simpang ampat,looks like the area was 80% surrounded by hsing area,less factories but still lil bit ulu now. Not sure how fst de dev will be at simpang ampat after 2nd bridge completion.
BM area was too congested n crowded now. Furthermore, de hs price already boom-ed there..terrace nid >410k,semiD nid >590k. Not sure if still worth to invest there.
I think Bandar Tasek Mutiara is a promising area, not just because of 2nd bridge, but the SPS Jit Sin branch. The school is scheduled to be completed in 2014, so, I’d expect Asas Dunia to develop its huge landbank at that site, which will connect to Bandar Tasek Mutiara.
Tambun Indah’s Pearl garden, pearl villa, pearl indah I, II, III & pearl residence only make up of about 25% of Tambun Indah’s undeveloped residential land here, and the selling price is increasing significantly with each new launch. Will the property price here reach BM’s level soon?
any unit and show house available?
Currently just few terrace open for booking, no show house for Pearl residence yet, but for pearl indah, the show unit is under construction.
Batu Kawan hard to get freehold property because it develop by PDC.Pls careful
Any chicken smell like pearl villa?
@TT
This is just next to Pearl Villa, thus should be the same.
Tight security is the main comfort. With this massive high density units, I wonder how secure it is for the pearl city residential areas… . Imagine more than 300 units and surrounded by so called “high perimeter fencing” and CCTV surveillance (no elaboration — question is where? — the gate only? or all corner of the fencing?) Do they have the IC checkpoint at the guardhouse. Do they have proper security department for that? Lots of questions about the security concepts, the developer should seriously consider this aspect and dont chin chai give empty promise. However, the guardhouse is impressive, rather than a table and an umbrella.
Hi, any purchasers here? I v interesting abt this project (2 storey terrace house).. Can anyone gv some comments? Pearl city = future city? So far i jz know gt one international school enter this city.
@maggie if you don’t mind to live with flies or near to chicken farm for this so called pearl city.
anyone here bought Pearl Residence?
i bought it and now getting bank’s loan approve…
@takashi3145
same same.. did they tell you when sign snp? i think not so fast
@takashi3145
BTW, if you know anyone bought let create a group or something so that we can get to know each other and make discussion
seems that most of the project at mainland near chicken farm and flies..even IJM project at Permatang Tinggi also the near farm..
when will the phase 2 launch…? Is this project cm with intercomm or cctv..?
this is G&G .. and according to developer there will be CCTV
i alreday booked a unit .. heard dat phase II (actually not so called phase II as dat is same project same gated) price will more higher .. hopefully dat is a right decision and few years later chicken smell and flies problem can be solved!!
@chai
Yup there wont be so called phase II as they told me too. Agree with your statement hope that chicken smell will goes away. By the way, did they told you when Sign SPA? i get different estimation from others.
no . yet to get any inform ..heard maybe ogos or september wor
@goushi
i heard from banker is on september or october..but according from SA from TI – it should be next year……
I booked a unit. i like the unit & the place looks nearer to the 2nd bridge. However recently heard that place has white termites & also problem with flies. just worry…. heard the developer going to take away the chicken farm…is that true… Anyone has any info?
flies i think still ok. but the chicken dunk smell a bit cannot tahan (after rain). i also heard that they going to buy up the chicken farm. But seems the owner dont want to sell it. not sure true or not.
I believe SPA can only out if the whole project is sold out 80%. This project launched in feb 2012, it takes about 6 months to sell out 30% as what of booking status now, pertaining to this reckon the SPA should be early next year. You wont imagine the chicken farm will still exist when pearly city is the biggest developing area.
mean even estimated to be finish by 2015 is quite imposible
wer the chicken farm location?
Hi, anyone know when the show house will be ready?
i went to their road show yesterday.. according to the salesperson, O/C will obtained by march 2013…. lovinglady, the show house is ready already (according to them la)
this is Pearl residence wor OC obtained march? SPA also not sign yet wor.are you reffering to other project?
@newkid
What you refer to should be Pearl Villa, which should get OC next year. Pearl Residence I guess OC either end 2014 or early 2015. Now only got showhouse for pearl Villa & pearl indah semi-d.
i think 2014 oso impossible la
@chai86
lol agree i think will be end of 2015 :p
I’m new buyer for this pearl residence..hopefully we can discuss here and exchange info in future. OC will obtain end of 2015 based on sales agent…im concern for chickens farm smells issue, I had go there few times near pearl villas(beside p.residence) especially at evening, didn’t smells it..but at the area before reached sales office still can smell a bit…hope the problem can solve after fews years….
i juz visited it today .. ya, when reach de chinese primary skul and sales office there reli got smell but wen reach pearl garden and pearl villas there no smell at at ..dat is bcs the farm is near outside there .. so pearl residence will more better@JC
@chai
Yup. BTW seem we can sign SnP already. have you guys sign it? Have anyone been to there recently? seems T.I is building show house is that true? may be we can create a group/blog for our future discussion.
http://www.facebook.com/PearlResidencePearlCity juz created recently and hopes more people comments and share info there
Do you think this property good for investment purpose? How about rental?
I haven’t get inform yet for signing the S&P…how you get inform?@chai
Want to ask about Pearl residence unit. From Brochure total unit from 399 until 413 is 15 unit. So how the door direction for 405 406 407?left or right?Anyone know?
I have signed S&P last friday. Got a call from the lawyer office 2 weeks back & also letter. Last week thursday they ask me to go to the lawyer office to sign S & P.
@Lovinglady
anythings standout in the S&P? everything ok? just curious
@someone
the document looks complete with the details layout plan.
https://www.facebook.com/PearlResidenceTambunIndah
maintainance fee is RM 110 ++
i’m now stay at Bandar Tasek Mutiara. The flies and shit smell problem actually have been reduced compared with 3 years back. I seldom smell it. Please look at the maintenance contract carefully as there is 6 months free maintenance service for Pearl Garden. Don’t know whether it stated in the contract or not?
I also paid deposit for booking one but waiting letter to inform signing S&P..
You may go to www.tambunindah.com to see the show house status…few photos posted out already…
From my friend comment who bought Pearl Garden, it is advisable to form own community to take care the mangement…if not the house value will drop due to bad maintenance service
@mychau
agree. hope all the buyer can get together and make the neighbourhood lifely and of course make it a wonderful place to stay
From Advertisement: Free SPA & Loan Agreements Legal Fee, Stamp duty & disbursement
From Sales Advisor: We have to pay for Loan Agreements Legal Fee, Stamp duty & disbursement
Question: Why have different? Could become dispute in future?
better get black and white when u make the booking. the offer from advert may not be applicable for your unit. must be careful with developer’s gimmick
@Kenny
depend on which unit you place booking. the advertisement stated only for some unit only.
we just book the unit… any1 here can make a private site forum just pearl residence residential
Hi all those early buyer for the pearl resident…. may i know when u all buy ths project and how much? I see the forum discussion is mention for semiD just 375k?
now the terrace is selling at ~400k….. semiD is ~550k…. worth to buy?
Island buyer welcome to mainland, now mainland people also like island people always look down on mainland people!
Agree with Island BUyer point.
I like mainland property and always wishing to buy property in mainland.
But i also faced problems with those so called ‘dog eyes’ salesgirl in Tambun Indah project site in sinpang ampat.
We share the same oppinion and experience that those peole must be retraining lo.
Woooou
so hot here ar?
I think the training must be suggested to Tambun Indah salesteam.
Mainland people are mostly very rich with plenty land but all very humble one lo.
Nothing wrong to wear short la.
I always follow the comments for all project. I m not rich and just wish to make a wise choice on property investment.
But it seems that Perl project always got complaint lo….
1. smeel
2. flies
3. lausy salesteam
4. poor quality etc
aiiiiii. nightmare la
@ dresscode
No agree that wear short is begger la and just suitable for howker center. We also wear short for golfing lo.
my short cost me rm3oo lo.
soem times must see also teh brand la….
What is the price you bought?
How much u buy?
crazy one lo. Where got thsi market prices…..
when the market is booming due to speculation, dont enter. or else you will one of the victims after the speculators pull themselves out.
Be deserved and conservative a bit. Money/wealth is tough to gather
@yap21
I bought a unit too .. here’s starting a new forum for community discussion
http://www.mamakcafe.com/forum-pearlresidence-1.html
the Terrace still selling from RM365K onwards , corner lot selling around RM450K++
semi selling from RM565 – 680K this is inclusive of an upfront rebate .
The units near to guard house is open for sell already. I visited the office few days ago, only around 25% remaining. There is ang pow draw promotion now ……….
By the way, the outer paint looks better compared to Pearl Garden which is like no paint at all
heard so much complain a bit scare
something I learnt everywhere also got people complaint one .. but the township development place quiet promising.
if wait , it will never end ..
The last time I checked with the sales, the SnP is supposedly out to be signed in Jan2013. Not sure if that’s still the case….anyone who has placed deposit received calls from TambunIndah on signing anything…?
@ngau ngau
You are right…i signed the S&P in October 2012..but the document haven’t stamped yet after 3 months…few days ago i checked my account and found the money for down-payment already debit to them..i guess the doc. should be stamped already..
@D@R
stampping d. got letter from lawyer
How much is the price for double storey and semi d now?
heard is 390 – 410k after all rebate. depending on unit location.
only 1 or 2 not so good location unit (main entrance directly facing road) selling at 378k
i m also palnning to buy this march… dunno worth to buy or not
last week went to their office to ask for info… ya… many ‘dog eyes’ =.=lll
If u are one of Pearl Villas buyer, please join us at P.V FB community group ASUP!!!
Group keyword: Pearl Villas, Simpang Ampat
Thanks.
Hi.. i just bought a unit at pearl resident with down payment RM1k balance 9% divided 18 month to pay up.. Not bad…. worth for investment too. last week just sign S&P all free… asking about the maintenance is RM 120. well it come quick accepted facilities… quick safe i think if im not staying there also.. not much renovation after complication of the unit.. just touch up the kitchen will do….. any way i stay in Penang Island
How much u buy john
hey…i heard all developer units in pearl residence are all sold out already. Not sure how true is that.
front unit already started to build
Is this place any good?
kindda seems like its far from everything. Heard that if the land use to be a palm oil estate it’ll sure to have termite problem in the future. How true is that?
Congratulation, ur total liability will be 360k including loan not just 9%
It would be nice if developer can get ikea in their furniture village since they disappoint buyers on SIS project
Agree….since the penang port available in mainland…and the demand will be good once pearl buyers move in
@Crime
If the area develops according per the plan to a decent township with middle class&above folks, with local&international schools, shopping hub/anchor, good connectivity to island and other mainland areas, etc, then it’s a good liability to have :). The question is if there’s faith or not that this will become reality 1 day.
as far as i know, many younger MNC folks have been buying houses in that area, especially those who are still used to landed houses and trust the future 2nd bridge as their main route to work(Couple of MNCs offer some subsidy for workers living in mainland anyway). Many even posted the info, brochures on their cubes.
i just paid the rm1k. going to prepare docs n apply loan this week. wish can approve =)
Hi all, can someone share does the transfer of title is free or need to pay? How much n when to pay?
Hi, any idea, how long to drive from the residence area to tambun toll?
and take how long to Penang bridge 1rst and 2nd? Will it be jam somewhere?
thank you very much.
10 MIN TO TB TOLL N 15MIN TO 2ND BRIDGE 20MIN TO 1ST BRIDGE. AT THIS MOMENT I DON’T SEE TERRIBLE JAM from the route
Amy, do sales ppl tell u need to pay on transfer of title after oc obtain ard 10k?
Any units left and this project no DIBS right?
Thise s&p n lian agreement sugned, I advise u guys follow up with lawyer in the status. I signed those docs b4 cny2013 n get my snp stamped within one minth. But loan agreement until now not stamoed. Just found out thst developer instruct lawyer to onhold. What is this, shldnt the lawyer to act on our behalf n get thecdoc completed instead ofctaking instruction from d developer. I scolded the lawyer n demand them to get it stamped asap.
For your info, SIS pulled out from investing in Pearl City
who is SIS ??
The international schoool
Doesnt sound so good…know why they pull out?
If it is the same SIS i know, there will have a campus near One Residence on island. It probably does not make sense from business standpoint to set up another one when the demand is uncertain.
SIS may have pulled out, but still there are other positive opportunities. According to the salesgirl, the hypermarket negotiation to bring in 1 of the hypermarket chain is making good progress. She can’t reveal the chain that’s in dicussion… Not sure how true…
Other positive areas they are still working on include a private college, furniture village, hospital and a retirement village. Cross our fingers…
this “city” has the potential…but it all depends on how successful TI want it to be…also…never trust the salesgirl
@Way Ming
hope it can come true also!!!….and not change plan to build more houses…..or even worse private college bcomes tuisyen center, furniture village bcomes kedai perabot ah seng, hospital bcomes klinik pearl, retirement village bcomes….
I’m not investor. I choose this place becos if SIS. They cant simply change another school as they may not be the same in term if fees n courses. Sone international school courses are based on US or religion. Not as simpleas idiots developer think. They only think of RM
@penang lang
That’s bad …. dont ever believe what developer says unless they can show black-and-white contract. And even black-and-white sometimes could change. Long time ago, it was “confirmed” Jusco will be there, but ended up nothing.
Tambun Indah signed MoU with SIS for the international school, not a contract, so anything can change. If SIS decides not to carry on with their initial plan, TI can’t do anything.
Anyway, I think International school is not going to survive in this place at this moment. A private college is much better. I heard that TI is in talk with KDU, but not sure about the outcome.
About Jusco, never heard that it will be here.
I fully agrees with you guys. But dont say like 100% cerrtain. More like business ethics.
To all existing buyers, if your loan agreement yet to stamp. I advuse u guys to instruct your lawyer to do so. Heard from mr khor (TI Marketing Manager) they on hold the stamping process. Worst case our lawyer follow their instruction
@BD
I’m fine if thing yet confirmed. But the way we been informed was the Construction is Commencing soon & the school open in 2014. How do we as buyer get to know whether contract signed or not. We are not working there ‘-(
However the positive thing that I can say is the semi-D design quite nice and the township concept is good too. Not too sure to those acquired with investing purposes but for me with intention to stay I Can say GOOD lo
See how it goes la. Just can’t accept the way the developer and lawyer work. Not PROFESSIONAL AT ALL. Just thinking of gettin more $
@penang lang
You can go to Tambun Indah investor relation website and check their company announcement . The deadline of MoU with SIS actually has been extended last year, which is not a good sign… As TI is a listed company, they have to declare to shareholders (public) any contract signing.
@BD
Comeon la BD, are you expect to check their announcement daily. I’m not the compare investor and furthemore I bought this not for investment.If you are from developer then pls don’t comment
@penang lang
Need advice, I need to clarify with you when you said about the loan agreement stamping, do you refer to the loan agreement from the bank or other documents like Deed of Assignment, Power of Attorney and Facilities agreement?
When I receive the stamped copy for Pearl Residence, I only get the S&P and Deed of covenants copy.
Nothing else. Unlike other property I bought, I received DOA, POA and FA copies stamped as well.
Thanks.
@Bryant
l believe the lawyer let YOU signed all agreement when you signed your S&p as well as loan agreement. so they get S&P stamped but not loan agreement.
simple reason, developer ask your lawyer to on hold that process. Potential risk, when they start issuing progress billing any delay in StampIng will delayed bank to release Money.
For me I would like to get everything done upfront rather than wait till last minutes.
Although your lawyer currently not acting in your best interest you have every rights to request for immediate stamping.I did that and I scolded my Iawyer on this matter as they are taking instruction from develop rather than protecting your best interest.
Initially been told will only do stamping only when they start do progreSs billing. I told my banKer about this and she gave Me a shock look.
I’m here to share but if readers in this forum feel it’s ok for not immediate stamp then it’s OK.
@Bryant
By the way Bryant the lawyer will give you one thousand and one reasons. 3 times I called, telling me diff story. When asked, “When My loan agree men get stamped” then she tried to bring Me to Holland by telliu me this and that.
I encourage if this is our concern we shall spread the news and demand for our rights.
@penang lang
Thanks.. Will check it out on Monday. Another property I purchased never got the loan agreement stamped though progress billing has started. But all other bank related to loan documents (poa,doa..) are available and stamped. Do keep us updated once you’ve got it stamped..
Went to the sites during cny and I saw the constructions are progressing.. 2 months before that the entire plot still empty. Only show house was almost ready that time. So the first progress billing should start soon.
Buying a house for own stay is a life-long investment
Anyway, I can’t think of any reason why developer want to purposely delay the stamping of loan agreement. May be they want to “shift” the money to second quarter of this year to make their balance sheet more attractive.
@BD
That is not buyer issue. Pls make ur stand are u mole from developer.
First 10% completed!!!
heard of there is a hindu temple thr.. anyone has idea whr is it located?
i think u better concern to make sure your neighbour is not indian first before asking the hindu temple which still a distance from your unit. Once your neighbour is indian sure the price of your unit will not go up far. Lol
may know total how many units for terrace, semi d & bungalow?
thx
@alven
Bungalow – 12 , semi-d – 112, terrace – 361. Total 485 units
I heard that Semi-D and bungalow just launched yesterday and today, 8th and 9th of June. Am I right?
@super
why need to be so racist?in every race there are successful as well as not so successful people.not all indians are poor and ill mannered.
please be more tolerant towards other people’s feelings.no point buying house when can’t even learn to accept one another.
just my 5 cents of thought.
p.s.: i’m an indian dr.my best friend is a chinese.best friends for 25 years n best man at his wedding.tq.
@dr yega
i tend to agree to super, high % r true, n u might just the 0.00001% success story like kapal sing. very hard to change ppl perception la
@dr yega
I’m chinese and I support you
Anyone bought semi-D? How much is it? What is the sales package?
Thats a semi-D unit in Pearl Garden for sale, price just RM450k.
Can go to MUDAH.COM to check the info.
Thanks for the info, but Pearl Garden is nearer to the chicken farm. Cannot bear the smell.
On Monday, that’s a post stated RM390k for Pearl Garden semi-D unit in Mudah.
Really no subsale price for this area.
@Bryant
Now is rm643k…up rm13k since mar13. Cash rebate rm45k n bal 10% can pay via 12mths instalments
@penang lang
Thank you for the information.
Any buyers here purchased Pearl Residence units? What is your personal thoughts over this specific residence and the entire township development?
Thank you.. Any other thoughts over this project?
@Bryant
Bryant, depends on your purpose. If for Investment then I’m not too sure. There are few projects under this master project . Just worry supply over demand. In such a case very difficult to release the unit in future. But if for iwn stay, my 2 sen is relling provably good. New n modern township and hopefully the business park to success si that community will enjoy it rather than travelling to elsewhere.
2nd bridge could be ideal for me since I’m working in bayan lepas area. Do not nother about jam (finger cross).
Anither important factor is whether the community ready for such gated project. Ie willingness to pay monthly mgmt fees and ability nit to reno extensively as this is govern under strata title. My experienced for landed project is big NO lo.
I bought this becos of international school. Unfortunately been cheated by the developer. However I hope another school willing to invest and hope for better quality living in future.
The internation school no longer build in here? When is it announced?
Hi all, I have placed booking by paid RM1k for Pearl Residence. Now awaiting loan approval.
I read some of the comment saying about the 10% can be paid by installment basis…
Can anyone advice more about it? As I never get informed by the sales person about this…
Thank you!
@Lo
Assuming your 10% is 50K, having rebate from Developer @ 30K, so balance is 20K.
Deduct the 1K booking fee, balance 19K dpymt can be paid to developer via installments. Please ask the sales people for more info.
One thing I know if you do not use the installment options and pay the 19K at once, they will rebate Rm500 further from the 10% dpymt.
Again, get a confirmation from them as my information is quite sometime already.
@Bryant
Hi Bryant…Thx so much for advice.
I just called the sales person, he said this is no more available…
It was for last promotion only
I am wondering why so much different….
@Lo
Speak to Ms Wong. Probably they may have ended this but you may reconfirm with them again. My deal was during feb this year. Option 1, 12 mths instalments. Option 2, pay remaining upon sign snp n get further rm500 discount
@Shirene
Somewhere end mar or early apr this yr
@Lo
You’re welcome.. It’s a bit late now compare to feb…
Anyway, what matters now is the success of pearl city in years to come!
Welcome neighbours
Yup, no more installment plan on down payment 10%…my case is early May 2013. Anyway, let’s looking forward for good neighborhood @ Pearl Residence…welcome all
I think Super & Crime worried if others neighbour able to renovate their home more beautiful than they or have a more luxurious car. dont worry because everyone has their own income
Lo, how much ur price when place booking as im interested too?
@marcus
marcus now they are offering buyer get buyer promo. You may use my name and all disc can be yours. If u interested to get further discount do let me know. No point to let them earn so much
Anyone here can tell me, purchased one of the unit on this Pearl Residence project is consider good or bad? Please advice.
no one can tell you..its your money..its your budget….you make the call…though you can ask for pros and cons from forumer, but in the end you have to make the call…there is no perfect home nowadays, once you decide, just enjoy your decision and dont look back and regret because there must be a valid reason for that decision to be made at first place…@Anson
bad!
@Lo
Hi Lo, may i know how much you buy ? i just place a unit too last two weeks. thanks.
Hi all, dont you think Pearl residence a bit crowded which have more than 300 units in one Taman compare to others TI taman?for good site the maintenace fees will be lower ..
@Anne
Just like other taman, you’ll find that pearl residence might have a number of units for sale upon o.c. You can go into pearl villa and you can see lots of units up for sale. I think the same could happen here in pearl residence.. So crowded, maybe but takes some time to be fully occupied then only crowded. Maybe 5yrs…
@poison
Poision,, any reasons to share with?thanks.
is it the distance 24km 2nd bridge long distance 25mins + from Pearl Re to Bt.kawan tol >15mins. + go to FTZ – 10mins? total eat up 50mins?
@Bryant
Hi Brayant, thank you. lets say after 5yrs. the condition will be same like condo have those more than 300units of residence. Hopefully no issue with the security wise and car congestion/simply park car outside ppl house………Community members should work on that.
There is still space land surrounding Pearl residence, i think in future developer might build high rise condo as the price of land getting higher, the supply for landed house is more than demand. Actually i have a lot of concern after i placed an order. Because kiasu the price will increase and kiasi no more chance to own landed sweet home. Distance quite far from penang island. Working days can not relax at the pool after works as might caught in jam although back at 5pm. just my worries..
@Anne
When I was in pearl villa, I saw the guards fooling around in the neighbourhood area on their bicycle…So, I am not sure how effective having such a guard guarding the area..But I guess better then none.
Anyway, I personally believe it is still a good buy. Reason being landed property on the island are way too expensive for young generation nowadays unless they have financial help to kick start their purchase and commitments. Just imagine RM1mil (sg.ara area) vs 400K for pearl residence. Still subjective on one’s personal preference over the location though proximity is an important factor but the winner will always be the financial capability to own any property.
But, for Pearl residence to BOom!, you’ll just have to wait slightly longer. Greenlane was not popular 20 years ago. But today it seems to be quite popular despite the houses there which are fairly aged. Then again, do not forget that Pearl City is not just residential, it is a planned township which future of its success is still unknown. If it is a success, you own one of the strategic, best deal, G&G landed units in Pearl City.
I am betting that 5yrs after completion to see a boom in demand in this area! In the meanwhile, just seat back and relax. Worst case, just use it for own stay!
You spoke my mind Bryant. High Five~!
hi hi.. i heard chicken farm and pig farm nearby there.. any concern on H7N9 – 禽流感??? thank you.
Not sure about H7N9 but very sure when u make any reception or banquet your food will be surrounded by thousands of flies.
I have friends who live in Juru Heights (also under Tambun) similar situation near chicken and pig farms , sometimes he cant open the door coz if the door is opened even though only 1 minutes, dozens of flies will go into the house. One more thing every morning u can smell very hard chicken/pig shit.
@poison
thanks Poison.. wow.. tht will be very terrible… will they move away? maybe i guess in 20yrs time.. once the pearl city opened? Cant be high class town ship mixed chicken farm hahahhaa…
Yes high class town ship with mixed development – housing + chicken farm + commercial. anyway maybe slightly better than Juru Heights development – housing + high end bungalow + foreign worker dormitory + industry + chicken farm. hahahahaa…..
Please do more survey and research coz some of their past projects failed!
Just checked with the booth today. The lowest price currently for the DST is RM430k, and this is even before the 2nd bridge opens. Congrats to those who have bought earlier.
Ngau ngau, d price 430k before dis or after?
@marcus
dont fully understand your question, can you rephrase?
I think marcus is asking if RM430K price tag is before or after discount/rebate (if any) from Developer…
after
What is the amount of discount or rebate?
forgot to ask, should be the usual 30k. let me confirm again 😛
Thanks ngau ngau…430k is min price? How about semi d price?
How much bungalow unit? Visited bungalow empty showhouse, master room very small.any early birds discount ?…….. Most terrace house sold out.
@Lisa
I asked about the bungalow pricing during Raya, was told it is about 788K.
Cannot remember the rebate. I think about 20 to 30K.
I did not go into the unit. Only see from outside.
Looks nice to me. kinda like it.
Pearl series design are good only the odor problem need to rectify.
Unsure how true but those staying in pearl villa said the smell has been reduced. Flies come and go according to season. MAybe someone can confirm?
Asked price today.bungalow biggest land is rm900k plus.maintanence about rm500plus.any comment compare to Penang landed?
Any reason u choose Simpang Ampat?
Tropicale, Hillpark and Jesselton Hills in Alma has better environment. U should go and take a look. Zero-lot from 680K to 880K and superlink 600K.
U can not get any bungalow in Island for less than 1.5m.
Anyone can share some advise on Pearl Residence either for own stay or investment? Looking at buying a semi d. Is the price competitive compare to others around this area? RM585k. What about the flies and the accessibility now and future? Appreciate it. Thanks
Many will tembak if u plan to buy TI property because of “one project”. But i suggest u dont really care about the comments, better to judge yourself.
I would like to share my opinion. For investment, u won’t see a good return in short term (less than 3 years) in any point of mainland. U need to have a strong holding power. For own stay, YES!
I have the dilemma before to pick Alma or Pearl City. Pearl City still have a long way to full develop by TI. Price is cheaper compare to other area. In future, i believe Pearl City is a good location for living. TI still have plenty lands there.
Actually, these small groups of people who thinks bad over TI due to “the one project” simply narrow minded. SG, you investigate for yourself and follow your instincts after getting the facts in your hand. Go check it out yourself Pearl City. Do not see it as how it is now. But think of its potential in years to come. Just like Penang Times Square, it is just an incomplete development so potential, improvements and hope is there to be the best. Bear in mind, pearl city is a township, a place to sustain by itself, that’s the whole idea. It is not a condo or g&g by itself. Keep in mind to hold it longer as the best is yet to come but the price will not wait or remain affordable forever. Your money, your decision!
Thanks to both Huat & Chocolate for the sound advise. It has to be a longer term investment as the impending budget announcement will most probably impact on RpGT some say 30% off the first 3 years?
Why worry if u plan for own stay? Even 50% also not scare mar..
@SG
Chocolate is right, own stay no worries.
Like I said, whatever rumors on increased of RPGT are not true until officially announced. So many rumors saying DIBS will be removed. See what happen now? So many new project still offering DIBS. So you can be very cautious for future prep, but do not let rumors be a red light to your decision. Then of course, it all boils down to your target profit. If you are able to get 70K nett after (30% tax from 100K and etc) and you feel that is acceptable, what is this RPGT thingy to stop you from investment? If not, just rent out first. By the way, you should see how many % tax on the fourth year as normally development will complete by 3yrs.
Just curious that semi-d at Pearl residence @ 688k. Is that worth to invest? Please advise.
@Lim
I think should be alright if you can hold more than 3 years.
I have bought a unit semi-d at Pearl Garden. I just sell it out last 5-6 month with RM585K.
Just to tell you, you can hold (I hold more than 1 year plus), the more you can earn.
All people may tell you cant invest in this area. But if you ask those who buy and stay at this area, they will tell you “this area might not the BEST, but not as bad as people told you here”.
So far, here are well develop. I had just bought another unit at Pearl Residence last month after make money from my Pearl Garden. We are neighbour.
@Oosis
Considered yourself very lucky to find a buyer.
U move from PGarden to PResidence because of the odor problem?
@Oosis
Ya…I would hope so….See u there…haha
@Believe
A luck or a strategy investment is depend on our buyer. Dont make yourself like “kia shu” to judge on those who had bought there with positive thinking. =)
@Chocolate
I buy for investment. Odor problems? I think should be not a issues already. Compare to Alma, you may go and try. What are “odor problems” really you face compare to here… hehe
@Oosis
Don’t bullshit “kia shu”, I also have property in B’worth area. Area such
as this is not easy to sell. Don’t make it look simple as others might be
blinded by you !!!.
@Believe
You might try and see. Then you will know. No mean to fight with you. Just to let you know, if you have once and sell, then you only qualified to talk about that. And please check with agent, see this area (new housing project) sub-sales good or not. Check before talk, talk before use your mind and think to talk. Thank
@Oosis
That was why considered yourself very lucky to find a buyer. Area such
as this is not easy to sell. Those who want try their luck can do so.
@Believe
again…please look for agent to tell you the fact.. Weather easy to sell or not, I think they can provide you data of analyze. Transaction per year (sub-sales) in Penang mainland is more than 30,000 units of house. New house transaction per year is just below 10,000. Furthermore those investors not like you said “luck” to judge on the property. Please bear in mind, Seberang Perai Selantan had been identified as golden investment location not only for property market but also for those MNC and local company had also move to here. Please well study and research more. In Mainland, if you want to find a property after OC obtained can make profit for you more than 50%, so far Pearl City is the sample only. Im not trying yo “bla” you. In fact, please find an agent to tell you the answer or buy a valuation report from hengry butcher. Oh ya, please find out how much Batu Kawan Semi-D price now. I think you will “shoot” after know their price.
@Lim
There got 1 project in simpang ampat as well which they sell 3 storey semi-d with built up 3500 sq ft at RM 668k.
pm me if you want to know more : kclor@hotmail.com
My friend staying in villa facing the termite problem after move in just 1 month after renovation. Very terrible.
Helo, Pearl Villas is not even OC yet, how did your fried move in and stay? Amazi
Pearl Villa is Pearl Garden.
very hard to sub sell even with original price tag, my money are stuck now
Anyone know how much for DST now in this project?
I have a unit of terrace house in pearl residence to let go, pl write to epal86@outlook.com if you are interested. TQ
How much you offer? Got free S&P & Legal fee?
@ngau ngau
Agree with your statement… that why i bought 1 RM390k terrace near the security guard….. its still better than ISLAND… near to A Million not even 1000 s/f
the traffic is it a problem there?? i am working in penang island, whether good or not to stay there, i already bought 1 unit in pearl residence.
@vincentspm
You buy in pearl residence also? Maybe we are the neighbours. Which unit that you purchased?
Hi, how is the availability of new unit at P.Residence ? any left ?