Prestige III
Prestige III is strategically located in Balik Pulau, close to all the public amenities like new market, bus terminal, government offices, schools and also medical centre. It is 5 minutes driving distance from the town of Balik Pulau, 20 minutes to Penang International Airport, 30 minutes drive to Batu Ferringhi tourist belt and 40 minutes to Georgetown. Prince of Wales Island International School is just a stones throw from Prestige III.
Comprises of 198 units of single storey terrace, 224 units of double storey terrace, 40 units of double storey semi-detached, 57 units of double storey shop office, 5 storey medium apartment and 5 storey low medium cost apartment on lot 465 mukim D, Daerah Barat Daya, Balik Pulau, Penang.
Location : Balik Pulau, Penang
Property Type : Terrace, Semi-Detached, Shop office & Apartments
Developer : PLB Homes
Indicative Price :
- Single-storey Terrace – RM 360,000 onwards
- 2-storey Terrace – RM 460,000 onwards
- 2-storey Semi-detached – RM 600,000 onwards
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Would like to register. pls inform the price and when the launching date
The project sit is between chinese fishing village and Malay kampung. The place look isloated from the balik pulau town. Drive to balik pulau town by rounding the hills very make peoples dizzy !!!, somemore to find the project side, to me more the 20min from the balik pulau town 😛
Hi,
I would like to purchase a double storey unit. Can you send me the detail, thanks
Regards,
Rao
Yes, is true.. I try to find the site, but unfortunately it is extremely far from Balik Pulau Town. Along the way to the project site, I felt like i was in Kedah. So, i give up. It’s too far!
Omg, i already paid a deposit on this Prestige 3, but after read the comment here i feel like wan to cancel it already, any good comments to support me??
@Theresa
semi-d cost 600K is a cheapest in island
@ Mary,
Funny, then the hilly roads from paya terubong or from teluk kumbar feel like cameron highlands???
I went to see the location today, nice place, a bit far from city but i’m ok with it! Actually if u get used to it, distance is not a problem.. ppl there are very nice..
That is not as far as what u all commented here. It’s just 5 mins away from BP town. Very nice place, just like Penang town area 20 years ago. Fresh air and good environment make us healthier and more relaxed. Furthermore, along the project, 3 mins away, there is a future project going on. Tesco is coming to Air puteh just beside the newly built international school. Will be a good place to stay! I booked 1 unit during the fair at QB.
@Yeoh agreed with you nice place to stay! i already went to see the location, the house design is big and nice.. Now waiting for April lauching..
Heard the area was affected by Tsunami last time. Kuala Jalan Bahru.
Any idea?
Tsunami only affected at fisherman village area. The site still far away.
this project worthed to buy and invest or not?
Anyone knows when will Tesco be coming in? Is it good for investment or stay?
Don’t buy there ….. developement at BP too slow, go buy Bw/Bm area. Better future.
really got news Tesco want come in Balik Pulau?
I think buy Balik Pulau is definitely better than main land ( BM,Butterworth,etc). The reasons are too many projects in main land, lands are plenty. In Penang island, land getting scarce and most projects are built in reclaimed lands now. True, development in Balik Pulau is slow but it is steady and promising. In main land, it is stagnant, over supply and more traffic lights.
Yes, I agree. I also do not want to miss this opportunity to own a landed property in Penang island. Other places like Bayan Baru, Sungai Ara I missed already . Too expensive now. Now, Balik Pulau , I can afford, I will buy. After all , I am not alone to take this risk, many people bought houses in Balik , check Botanical CT and other projects. Less than RM500K for a landed in Penang Island address, still want to wait? I would rather buy and join the big group of residents in Balik Pulau, wait patiently for development than later, regret when the price shot up to RM not affordable, when Tesco, universities finally materialise.
Some people wait and wait, cautious and expect development to arrive first. But again, by that time landed property will be more than affordable. Now, condo , new projects also at least RM 500K for normal slightly bigger 1100sq feet. No land , pay maintenance fees life time. I also buy the promising dreams in Balik Pulau, Penang Island.
If you want to buy houses in BM, Butterworth, etc , any time can buy. So many projects , I check on line, a lot houses on sale also, some Taman also not sure where. But, very reasonable price and some with Renovation.
My opinion is buy Balik Pulau now, buy a hope and dream. Tell your friends , you own a landed in ISLAND! WOW
One day, you really get a promotion at any factory in Prai/Kulim, that time slowly look for a Semi D also not late. Offer s plenty there .
Yes, I bought a double storey in Balik Pulau. Happy to have you all as my neighbours!
Pro,
How much did u buy? Got any offer package if buying now?
Ya la! Prestige III sold out already or not? still got any unit available?
The last i checked, there are few left for SST and DST, should call them asap for reservation if you are interested.
Actually, I also registered Double Storey during CNY at Queensbay. I showed the brochure to my parents. My father told me last time, Penang Island Glades exactly like Balik Pulau, that time a Double Storey house only cost RM 75K but not many people are keen. Well, if not for my father s story, I would have hesitated. I would rather bought a landed property in Penang Island that later not so develop than regret not buying one. After all, I can afford the loan. So, I Am ANOTHER one who buy the Balik Pulau Dream!
Actually, there are quite a lot of projects in balik pulau.
But many of the projects has less than 100 units. Small area only except may be Botanical CT. This one is big project, that s why the whole Taman will be big, may be can afford own rukun tetangga, commitee,etc. good la, anything bad also, you have big group purchasers to fight the developer !
Because big project , got big budget for landscaping/river beutification. Good promise la. still cheap for the 1st phase, later will be more expensive. I visited both the booth in Gurney and Queensbay, then paid deposit for a double storey during CNY just like Ching Ching . My friends all busy enjoy CNY, I pening that time , but I still bought one because I think the developer also has completed projects in Penang. Maybe not like IJM or SP Setia but the price is reasonable
Can buy already?
I visited the website , for registration only
Still got booth or not at Queensbay / Gurney?
Go to the developer office and enquire.
By the time soft launch, all good location unit taken already.
My wife and I went to the site, yes, not like very develop .
But, we like the primary school nearby,SRJK (C), ours is very young family.
Looking forward to move in 5-6 years later
Hello Wai Kheong, we paid 5% deposit too for DOuble storey. Also we like the Primary school at walking distance. My wife work in the factory, bayan lepas. Don t mind travelling if the kids school nearby. Everything now also about kids
Sounds interesting, I like the design of the houses too.
The park is impressive within the Taman. Some more, got a beautiful river
In fact, since this project is a big project with many residents, they can pool resources/money to form community group. You just need 2-3 active residents to lead the group. Wah! if possible can make a gated community ! may be too early to think about that
I also booked 1 unit during Chinese New Year. Paid 5% deposit.
So happy that i managed to get the desired unit. Because that time, 2 places were doing the preview. Imagine one group in Gurney promoting, then another group in Queensbay also trying to convince potential buyers. I that time afraid my choice of unit already taken by another buyer as i wanted to visit the site first with my wife.
Then, we rushed to Queensbay and managed to book la
Now, no more in Gurney or Queensbay, right?
When is the next preview or Soft Launch.
Better buy now before the price of houses in Balik Pulau naik harga……
Actually, the 2nd link will be a good news or not to Balik Pulau, any opinions…
Thank you
Not sure also,
Is it the same, Prestige III and Summer Cottage?
I remember reading about Summer Cottage in Kwong Wah newspaper during Chinese New Year, Good to buy or not?
Hi, Jason,
I personally think that 2nd link could help (but not by much) to Balik Pulau development in short term, not until the traffic bottle-neck at Teluk Kumbar town get resolved.
However, if u plan to get landed property in the island, i think this is the time… 😀
What I like this project is the landscaping /trees/flowers in the project. It is like a high end residential project in Putrajaya I read in The Edge magazine. Hopefully, the developer will keep the promise as advertised in the brochure. I don’t think the S&P that we sign later will safeguard this nice / beautiful parks. Usually, the document only mention our house in very basic terms. I also booked one already. First thing, let,s hope all units sold out so that the possibility of Developer to spend some of their profits in landscaping will be higher
I also booked one already. Don’t worry Faith.
I have faith this project will be sold out. Last time, during preview during CNY when the site is not even ready, most of the good direction units sold out already. People keep on with Wait and See attidute about Balik Pulau but imagine this project alone about at least 400 unit landed will be occupied. There are many other projects too. Come the official soft launch in April or May, 1st phase will be overwhelmed. Most people not aware yet about this Freehold reasonable landed
Like very organised, with a big landscaping park in between . I understand that only super expensive residential area will have this type of feature. May be, the developer compensate the kampung status Balik Pulau with this attraction, mine also young family. So, we buy because of the promise of a park, playing ground for the kids and also the primary school nearby , the SRJK(C).
Some time, you see other landed property in Penang Island. May be , 2 rows only and the surrounded by crowded flats . The traffic there no need to mention , we all know. Price also RM800K over. Hardly conducive for kids. We are willing to travel although we work in a hospital at Georgetown area
True. Last time, I went to visit 2 projects . One in Jelutong, dont know what Residence, next to place of worship. 2 rows only. The whole area super crowded with flats /apartments. Yes, landed property but like very desperated.
The other one behind the Bukit Dumbar, you will see TNB station first before turning in. It is like, you see all the flats , then suddenly , 3 storey terrace houses. Cars parked every where, every direction. I mean your neighbourhood is very important.
This projects seems to offer a same status neighbourhood, I don’t know, may be mostly young professionals with young family.
Go buy E&O project, nearby is the Tesco, Tanjung Bungah.
Also nice like this one, whole area your Taman with parks.
But, should be not in hundred thousands, sad, no money to buy.
Why other people got so much money ar?
Never mind one , to be happy and to have happy family, not necessary to be rich one. Even if bank is willing to give us a 2 generation loans , let s say 60 years la, you stay with super rich neighbours , you yourself also not easy. People s daughter study College also drive Mini Cooper, expensive car. We thought our Altis is our dream car already . Come la, stay in Balik Pulau la. go eat durian together
Not to say sour grapes, people who can afford super expensive housing area like The Light, South Bay or Tanjung Bungah definitely good and blessed people . Neither do we need to have inferiority complex. We have our own life and happy family.
This landed is good enough to me, to have a primary school within walking distance is indeed a privel
I am buying the single storey one , very very long NEVER seen the single storey terrace in Penang Island! Mostly 3 storey terrace now , rich people can la. work factory , where got money . Later, they might built , 4 storey terrace , sell you 2 millions. No eye to see la. I stay in Balik Pulau better, save money from paying parking , movie, unnecessary shopping of never ending salein shopping complex. At night, sleep early la. kids walk to school , nearby only. Got season, eat durian loh
I also buy the single storey one , i from Balik Pulau one. No distractions for children, and adults also! I saw a lot of people cycle in Balik Pulau with all the caps, tight tight shirt, racing bike , good for exercise. Instead of every time family outing go shopping complex, go to parks , cycling , better la
Hi Zeen, since u r from Balik Pulau, take which road is more safety? from Relau? or from Airport to genting? i know teluk bahang is out already, very dangerous..
From factory area, i use the road linking Pekan Genting in Balik Pulau with Teluk Kumbar. Once a winding hill road, but now better with the upgrading works that actually reduce the number of sharp cornerings.
The main work upgrading is not yet fully complete.
The completion of the Balik Pulau Hill Road is expected to spur development of Balik Pulau, the road will make property in Balik Pulau more attractive.
Actually, there is another way to Balik Pulau, but this way is not common use. Since Balik Pulau located near beaches and a lot of jetties were built for fisherman. So, you can take a boat to Balik Pulau. Buy a boat and park in-front of Intel, take a bicyle to the factory
Hahaha …. good idea
Hahah…..Really, good idea, take a boat from Balik Pulau to factory!! We need more people like Allan to cheer us up
I too book a unit. For the kids actually. I dont mind travelling. I dont mind no shopping during week ends. I like the primary school and the quiet environment.
In Penang island, Either the RM800K landed property in a very crowded area with flats/apartment circling the 2 rows of terrace houses, super expensive or super condo with 5 star finishings, or those elite projects whereby you notice the brochure/booth no mention of price one. Because they know if you ask the price which means you are not that group of elite people who can afford. I dont all these luxuries to raise my young family.
I need a house, a park/play ground for my kids to play with their friends, and a nearby school. That’s all.
Not to say flats la, i stay in RM500K-RM600K apartment also not place for the kids.
the common area/swimming pool like pasar malam during saturday/sunday.
So, what to do?
Every week ends, go Queensbay/Gurney/1st Avenue, you said may be RM2-RM5 for parking but sure need to spend money one, kids want to eat this that, etc
Like very materialistic…..
Where to see the project, any booth now that promote this project? tq
True, now either Balik Pulau or buy condo, condo also expensive RM500K, about that.
Some more, have to q over night, or many nights before the actual selling date…
How is that possible? no need to go to toilet?
Hai, no money sad.
Got money buy, also pathetic, q with foreigners hired by the rich.
Can not have ballot or better system meh.
This one, still got or not? sold out already?
is like that one la.
RM500K also queee, if sell you less than RM350K, may be people will fight/quarel on that night already……..crazy but people still have to q, want to buy house.
I agree with you, should have better system like ballot. Can not get the number, never mind, luck la. Better than q overnight, safety issue, later can not get-not happy or worse later, got people jump q-quarell
I also may consider balik pulau, jogging during weekends or find a hobby like reading if no shopping complex/movie
Given ~500k for 1000+sqft condo in town area vs landed in Balik Pulau, landed would be my choice as i dun mind travelling.
@Lee, if u r interested, faster call up to check it out! else u hav to wait for April lauching already! Hot cake Hot cake!!
I also book one already
We stay in a medium cost apartment, raining problem, traffic very jam.
Some more, not enough parking, my husband always worry to find parking, get more difficult to find parking.
raining, adults never mind but with kids.
this one some more, in front got a primary school, we straight away book. also the children play ground at the middle.
at first thinking of buying another apartment with 2 car parks, take lift straight to parking area one. But, now, need to Q overnight or have to hire foreighners to q for you few days before launching. If you wait for the launching, then can not get. Wait for another project? no guarantee also. I dont think with our hard-earn money, we do not have to become slave to the developers. They can have ballot system one, you think they dont know a more systematic system. reputation ma. newspaper said this project, wah, q so many people.
sad for working class people, work so hard but buy one house also so difficult. rich, never mind la. just spend RM few hundreds to hire foreigners or send maid la.
Many developers like that la especially got 1 particular developer in Penang, you know la, the one who develop a big project along a highway one, like very reputable, put chairs la, put tents la, like very caring, If caring to the people, then should have a ballot system. Imagine ask your own sister, wife, mother to wait overnight? May be, certain people said dont go la, no body force you what. True. Rich people dont go, send maids/hire foreigners only. This world is never fair, probably easy on the Rich.
In Subang Jaya, during a launch of double storey terrace project.
10am to 12pm, registration, paid RM30K bankers cheque
At 12.15PM, ballot starts. 418 numbers, house on sale 211 only
The first to take number, no necessary advantage, may be your number is 163.
All 418 potential purchaser taken their ballot no.
Now, developer called : Ballot No.1, you go infront choose your unit.
A few days before that day, every info, location, direction, unit price, etc given, you jolt down your Choice No.1, No.2 & No.3
If you are number 300 also, can still wait. Some people dont want to buy because their choice of unit bought by some one already. Wait until all unit sold. Number called until 300 something then, all sold.
Not every one happy, but at least you dont have to q overnight. All these pathetic waiting and pushing around.
That s why, join us in Balik Pulau.
The more, the merrier. The more people come to stay in Balik Bulau, more development will come.
The rich people ask their workers to q, you think they will stay there ar?
Paid RM1K to foreign workers to q for them, nothing la.
Later get OC, sold for hand some profits.
It is people like you and me, who save every cents to get RM50K, at first happy la, can get to pay the 10% during SNP. Think can buy a dream condo from a reputable developer but dream on la. Think la, why allow foreign workers to q instead of MUST original buyer?
Because rich people complain what, you ask Datin/Datuk to q overnight meh?
Come on, come on…..
Selling fast, buy before 1st phase sold out.
We all will be very good neighbours to each other!
I think the developer must give us, the earlier buyers a hamper during key collection when completed, see, we are promoting the project for the developer free of charge
I book the Double Storey, the car porch like very big , 2 cars can fit in.
Settled my problem, every time , look for apartment , look for 2 car parks. Bye bye apartment / condo lifestyle after I receive my key later.
Parking problem , buy grocery and wait for the lift, especially Chinese new year time,
Cartons of drinks , 2 box of oranges , enough already .
I can afford this one. I book during CNY. Happiest CNY , so happy . Don’t bother people said kampung place.
I last time stay in a new village, Perak. My childhood, I used to have 2/3 friends to roam around the village, cycling, catching spiders, look for wild papayas by the road side, etc. During school holiday, from morning to evening. We only come back either we are hungry or getting dark . Totally unsupervised. My wife was shocked, not dangerous ? Actually, it is risky but all children are raised like that .
That s why I kept on convince my wife to book one. I secretly harbor hope my young kids will at least has some freedoms of running around Instead of playing I pad, watching TV, Playstation, go shopping complex every weekends. We book one also during CNY
Me too, booked one DST
Btw, Gary, is the front gate wide enough to fit 2 cars at one time? Most of the terrace today hardly fit 2 concurrently…
I checked the brochure too, indeed the car porch can fit in 2 cars. Hopefully, not just artist illustration. We also booked a Double Storey, if really cannot, we park outside . Never mind la.
Normally, the 2 pillars in front of the house that will determine whether can park 2 cars side by side or not. Usually the design is small.
Not much the problem of space or width of the house . That s why some people will relocate the pillars that support the balcony . Involve money
How is the area? Ok or not?
Area quiet, with schools nearby. No big shopping complex. Basic amenities available
Single Storey still available? How far the area from Bayan Lepas? Thanks for sharing.
With no jam, it takes ~30mins from the site to Bayan Lepas FIZ…
You have to consider the time taken during morning hour going to work
and after office hour, petrol usage. Additional number of cars travelling
along the same route when all the projects are completed.
When the phase 2 project begin? Thanks
You also have to consider the reasonable price offering, proximity to Bayan Lepas factory area.
Similar or worse traffic congestion in other places like Air Itam , bridge crossing , etc.
And also reason why there are many projects in Balik Pulau if it is not because of the good potential and demands for affordable/decent housing area
While Reality and Opportunity can continue to debate, argue , deliberate the pro and cons of staying Balik Pulau, all the good location/direction units of Double Storer has been sold. Others either facing the T junction or Main access road to the Semi D. And Semi D all sold out.
Phase 2 when to start, unknown but definitely more expensive. Today, I always envy those who buy Double Storey in Island Glades many years a go. I am not going to regret again about Balik Pulau , 10 years from now.
If lousy, so be it. No more regret, furthermore , it is Freehold and landed.
Sold so fast. I am thankful I book the Double Storey already My father showed me about the prominent big advertisement of a property project at Kwong Wah newspaper today, I am surprised that is Prestige 3!
I told my father I book one . He is very happy. He said very beautiful and keep on asking me I can afford or not. The house price in Penang has spiral out of control that old penangite like my father dare not think about staying in landed. Bigger pigeon hole condo also RM500K.
Mee too, not to miss rare chance of owning landed property in Penang Island. Every where morning rush also jam la.
10 years from now nothing is going to happen in B. Pulau but I can
guarantee there will be many traffic lights.
Reality, u guarantee?? lol…………. =.=lll
Hello, my husband and I book one also . Double Storey one but we did not get the good direction unit , mostly taken already . We afraid phase 2 , price don’t know how much, we are happy any way. Some people even guarantee the whole Penang Island will sank to the bottom of the sea with all this pilling going on for so many high rise in 10 years!
Compare with guarantee that more traffic lights in 10 years , nothing la this one
My elder brother told me that when he bought Tunas Sunway Double Storey house at Bayan Baru, a lot of negative comments also. Traffic jam, flood, etc
Many years a go.
He ask me to just buy if can afford. I book one already.
Better still if everyone move to B.Pulau then it will be less crowded in
Georgetown area.
Actually, i ask the sales agent about the extra charge if we want to add extra power points, change to 3 phase, or even bigger tiles..
I understand that they are really busy now with SNP, bankers, etc
may be later date, a guidelines will be issued to all purchasers.
If possible, all require power points fixed first instead of hacking the wall or can the see the wire holders around the hall.
Actually, i dont understand why a person who pretending from Georgetown and not interested in Balik Pulau seems like stay all day commenting and counter commenting the post here. Just dont understand.
Why ar?
Every one is entitle to his opinions, in fact free of speech is guaranteed under our country constitution. But, why waste time following the posting if really not interested? Weird
Hahaha…. Dont perli people la.
May be, people bought a property some where wrongly already, and now suddently realise and see this Prestige 3! Landed property
You know that kind of feeling, want to buy but miss…..
Sorry, i also bought one
Ya la, buy Georgetown area better.
Near PISA, got 1st Avenue, Times Square, Loh Guan Lye Hospital…
Definitely better than your Balik Pulau.
Ooops, forgot to tell you RM2.4million for a middle Double Storey
Unless, after 10 years when every one moves to Balik Pulau, may be can sell you cheaper la
I also bought Prestige III!
Only now realise got this forum
Happy to have a place whereby we can share our concerns/progress/SNP/loans later
Nice try, Reality…
Anyone applying for loan yet? Any recommendation on bank? Flexi or non-flexi loan? How about MRTA?
anyone knew abt the house specification/material use?
This area very nice , must buy for those who are looking for property to
purchase.
Actually there is 2 group of ppl here. 1) Investor will said is not worth as there is lesser rental return and the capital appreciation will be slow or at least need to wait more development. Don’t think ppl will rent there and travel to work at Bayan Lepas as they target is the prime area. 2) Buy for own stay, this is very attractive for those would like to own 1 unit landed. Got 2 (more some park roadside) car park, door step to enter home….etc. Last, is good for own stay, and also investor have holding power for at least 10 years. 500k for a 1300sqft condo and 2 story landed…very clear
Hi, Jan,
High level wise, normal sand bricks for wall, stainless steel for bi-fold auto gate, staircase handrail & balcony rail, decorative timber door for all rooms…
I buy one also
like the park in between, i think balik pulau not jam la.
Try to stay in Sungai Ara and see la
But, why the highway not yet fully finish ar?
But, ok la, still can use.
I dreamed at buying landed, almost bought 2nd hand one at Jelutong, but next to a place of workship la, so did nt buy. Jam also.
This one very nice. really like landed la, not crowded like other places with flats/ apartments/shops/ and worse still, along the access road, you can see never ending new condos coming. The big advertisement board.
Balik pulau, I love you
Some more, i think there is a river, to be built by developer
Can go fishing
We bought the Semi D during CNY. You guys still want to consider ar?
When I bought that time , it is even more unknown and the site is nothing but a standard construction board. This forum not even talk about prestige 3. Nothing. Just mention in newspaper about preview.
Buying property, other than being cautious and think carefully, we have to act fast also , of course after exhausting all the necessary checking on the company background , site visit, location and direction , I even checked the Feng Shui of my unit .
No property is perfect. If location also want to be good, price also want cheap, facilities also a lot, Jusco also want opposite the road , etc. It won’t wait for us to buy. The staff and developer vendors , contractors , suppliers, their 2 ma ku Cheh , relative and friends will sapu habis. Buy from Mudah.com la from them
Heard that 2nd phase is goin to be available for booking in May timeframe, but with 30k increase on the price…
Still have DSSD/ DST units? I would like to register several units.
ps email me soplucky@yahoo.com TQ
Anyone apply hse loan yet, any recommendation?
Seems like nobody applying the loan yet huh ?
Hello, I also booked a DST unit there already. Glad to find this forum where people are commenting. And to see a few future neighbors here Yes, I do agree that this is an opportunity to own a landed house in Penang. But i think it is normal for us to worry if the purchase will show its worth or not.
@James : That is a good news, means the property price starting to rise Btw, I think better to take flexi. Well, after doing some survey, I found out that there is something called MLTA. Something different than MRTA. Slightly more expensive than MRTA, but if you can afford, then it is a good plan. Don’t worry, I am not a banker/agent 😛
I am working in FIZ too and hopefully they will improve the infrastructure (especially wider roads) to and fro the places.
@Mike & Yibby : I already applied loan. You may try Maybank. I heard that they are offering 1st year BLR-2.5, 2nd and 3rd -2.45 then 4th onwards is -2.4.
Question to those who familiar with Balik Pulau area, I heard that high tide could sometime overflow to to Kuala Jalan Bahru on 1st and 15th lunar calendar, is that true?
Thx Charows ! U booked your unit during CNY ? ST unit I booked during fair in Queensbay .
@Yibby : You’re welcome! Yeah, I booked a unit during CNY too, that was at Gurney
Hi, I also booked sst already. Now starting to apply loan.
Attract by the large garden and river there. I believe should be very comfortable to stay especially during weekend. A good place to relax.
Which bank do u all take ? I want full flexi and what is the blr that u all get? Thanks
I am considering full flexi between public and hong leong, both are giving blr-2.5%(1st yr), blr-2.45%(2nd and 3rd yr) and blr-2.4%(subsequent)
Public bank allow loan up to 40yrs if you have <=30yrs old
Hi Mike,
Since we still not sign snp, if we take the loan too earlier, then will the loan offer expire before you sign snp?
i asked the banker, they say got some period need to sign the offer whether to sign or not.
how long they give you ?
Somehow i have not ask them about when shud we sign the loan offer. My thought is as long as u find tat the loan is good enough after surveyed the market, is ok to sign, i think… And i dun think loan package would get any better in next few months time until we sign snp… Wat u guys think?
We hv to start service the loan interest as soon as the construction get started on our terrace row, so it is irregards to when u sign the loan one.
hi all,
happy to see u all….
i am so lucky that when i went to QB, the DST corner was open for sale due to one guy can not affort to fork up 30% (due to he have too many houses – good for filter out speculator !!)
hv paid 5%, very happy and finally can own a landed home in Island !!
have talked to the sales team when will Ph2 launch, answer was around May and price will be add up somewhere btw 50K (+/-)
Dun miss out opportunity for those who wish to own landed prop.
Dun wait n c , better buy now then later BP developed, and cun afford again.
good luck
Helo EK, may I know when you booked the corner unit and mind to share which unit you managed to book?
@EK
Helo EK, may I know when you booked the corner unit and mind to share which unit you managed to book?
Hi Mr potato,
U also book one unit there ?
Thanks..
@sc
Hi sc,
Yeah. I just booked 1 corner also. The sales person told me the unit i booked was released due to the previous person’s loan was rejected, which similar to EK’s case. Just out of curiousity if EK & mine is the “same” unit….
Hi mr potato,
I don’t think is the same unit as the corner dst no cheap. Loan reject is kind of normal as nowadays bank tighten it lending policy.
hi Potato, mine is facing 5 storey Medium cost, if follow the plan is unit # 311
I see.Lucky you. that unit compound looks bigger. is it 20X70 also? or bigger?
sorry.. is it 40X70 also. correction
yup , 40 x 70 , but less a bit due to angle cut for cornering. to be exact , ~167x LA
@EK since they the angle.did they cut the price for you also? haha
Yeah, i bought Prestige III also in Queensbay this month!
Imagine, we were thinking to go jalan-jalan but end up buying a Semi D Type A
When We were talking about Phase 2, then was informed that a Corner Double Storey and Semi D Type A are both open due to the earlier purchasers could not qualify for loan! We prefer the Semi D due to the good location and good price.
We actually paid the deposit straight away, only then, when to see the site in Balik Pulau.
We are prepared to lose the deposit if we do not like the location.
:), no regret!
The sales girl said, i am very lucky as many people want to buy SemiD, in fact, i understand that all Semi D actually sold out during Chinese New Year preview in Queensbay and Gurney.
Congrats to EK and Kok Kheong!
So lucky
The location is beside the LMC? is this project gated to prevent any security issue?
I was told that there are plan for LMC, one next to surau and another one facing EK’s unit
However, only the one next to surau is firmed as it is the requirement with such a number of landed property.
The one facing EK’s unit could eventually become site for semi-D…
“The project is planned according to the new density guidelines of the state government which allows for 87 units per acre. Under the new ruling, 15 percent of the units have to be priced between RM200,000 and RM300,000”
Yeah.. I also knew from them that they might change it to semi d. They still in discussion.
Phase 3 will have the shop lot .
Potato: i think so as told by salesgirl, squary land is higher price compare to “cut” land , lol.
CL : this is no gated , no guarded i believe, i prefer cause i pay m’nance till scare liao….
Congrat Kok Kheong, luckily that day the open is not SemiD, otherwise, i will not in this group liao….over my budget and capability ;p …
if the LMC to be converted to semiD , will be a happy news to me and we really put hard decision abt privacy to take up this unit when offer to us , yes ! hope it can happen
SC : ada Ph3 ker ?
Hi EK,
Yes they have phase 3 but all is shoplot. i see the plan and they also told me got phase 3 but all is shop lot.
residential just phase 1 and phase 2. i hope they will build the garden/ river side as pretty as possible so my kid can play there and i can have a nice env to relax after work/weekend.
i agree with EK, i prefer no guard as i also pay maintanance until scare also.. hahaha..
They passed me a list of bankers. Then I contacted. One of the bank cant tell the interest rate offerred even though have submitted the necessary documents to process. Others seemed ok. that particular banker told me, need to submit with others to get a better rate. Anyone experienced that?
@potato
That’s true , when i bought my first house they did offer me by extra -0.1% from the original rate given. Because at that time, there were 2 banks approved my loan .
When I bought my first house, the rate approved is same as what offered for the project. sigh. You mean the banker didn’t disclose to you rate but when loan get approved they offered you the better rate? May I know what rate the offer you? One of the bank told me loan approved already 1 day later after i submitted the documents, but the rate pending Central decision wor. @_@
@potato
Yeah ! Maybe they change their policy now , that’s happen 8 yrs ago !
heard Affin bank can loan up to 75 years old ah ? dunno is panel bank or not . (i heard from friend only ok…?)
@Sc
Wow, didn’t know about phase 3. Thanks for the news. If that is true then that could be good community area.
Do anyone know whether the phase 1 units has been sold out or not?
Btw, I am curious what will happen to the kampung houses along the road on the way to Prestige 3. Anyone know what is their plan? The road is just a single lane road.
Apart from that, do anyone know whether our site there is prone to flood or not?
Hi Charows..
np.. early last week i book that time, DDT still have around 18 units like that while i think SST still have 35 units. semiD sold out.
what i see is most people take up semi-D and DDT. people not very affordable or small family will take SST. you can go to their office to ask if u r interested.
i got asked them regarding the kampung house as i go to the side to see it. they mention the land infront they already bought it and the house owner will move out soon.
So far i didn’t heard any flood in that area la..
@sc
Owh.. I see, thanks! Haha, I help my friend to ask. I already bought a unit during CNY that time. Oh, thanks for the info! My family was quite concerned cos they saw a lot of kampung house before reach our location. Then some more it’s quite a distance from the Balik Pulau town itself. Hopefully they will improve on that then
Np charow.
My first Impression like u family. Need to pass through a malay kampung with coconut tree beside the road.
But after think twice, I decide to buy also bcz of quiet n relaxing env there. I agreed with the comment here: affordable landed house, good env for child, large skim project.
Just my 2 cents…
Glad to know future neighbours here, btw, i went to the site yesterday, the show units are progressing well, with wiring completed, door and winfow frame installed, paint is up for dst… really look fwd on the official show unit open for view…
visited site today, stand inside the house made me feel relax with the windy and green green mountain that surrounding the house area, really hope to see my own unit soon, lol…have lunch there with Hokkien mee , Laksa and Loh Bak , next time can bicycle here, haha
Went to see the half built show house yesterday. I’m amazed with the Semi-D 22’x100′ type. Spacious internally and with big compound (can park 4 cars). Side compound about 10′ which is just good enough. Terrace house is 20′ width and the living seemed quite small. The 1st floor restroom between 2nd and 3rd room is very small. Too bad it’s too late to grab the DSSD.
Today received call from lawyer to sign snp. Anyone have loan approved n which bank u all take?
so fast can sign s&p? I tot sign offer letter first then only s&p? have you applied for bank loan? Panel only have 6,one of the bank havent get the end financing. v weird.i wonder can we go for non-panel? for panel, i would say the “draft” rate is same. Loan approval is fast, but rate still subject to KL approval. Thats the time consuming part lo.
I have yet to get any call about snp yet, btw, I have the housing loan approved, Hong Leong…
I just applied loan last week and waiting for approval.. HSBC and Maybank. This week will apply got Public bank. I think next week will go to sign snp once loan approve by this week.
May be they will call you soon. PLB already submit to the lawyer the buyers list and they will call one by one. I asked them today as this is what i get from them.. so.. stay tune..
Potato, I think you better go to apply loan first.. dont wait until they call u sign snp then only apply.. loan approval process also need to take few days..
@PIII, how to compare 600k wth 460k? when i bought tat time semi D Already Sold out also, but is ok la 600k out of my budget.. the toilet stil can fit in bathtub, small got small do lor..
@sc
when did you pay the 5% deposit? The moment I booked, I called the 6 bankers at one day and applied. Thought can get better rate. who knows seemed like “pakat”. one of their panel bank you can check status online one, I saw is approved, but they told me appealing rate for me. I a bit confused for your case. Cos normally people signed offer letter first then will proceed to S&P. Rules change?
@Mike They offered you the three tier rate?
Yup, 2.5% the 1st yr, 2.45% on the 2nd/ 3rd and 2.4% on subsequent…
Actually i got a call from another bank that offerring 2.45% throughout the whole tenant… Still considering if i shud pursue for tat, but high level wise, i dun see big different from the panels bank…
Hi, PIII,
I did have the same thought as you, with the price different of ~130k, can get Semi-D
But when i look back carefully to the brochures, there are 2 types of Semi-D, the one ready as show unit, is typeB, the one with bigger land(32×99), car porch that can fit 4 cars…
There is also a typeA, with land size of 32×80, i think typeA is the one cost at 600k as Semi-D was priced at 600k onwards…
The Semi-D who saw could actually cost more…
@Mike did the banker ask whether you are buying for your own stay or investment? When I ask whether can get for a better rate, they said if own stay can appeal.i very “greedy”, I thought can get 2.5% for the whole tenure now seemed like the best is 2.45% hahha… Depends I would say,in long run,2.45% will have some impact.
They did ask, and i told them for own stay
I calculated on the different between the 3-tiers vs 2.45% for whole tenure, not much different…
So, i may stick to the loan approved bank…
hi potato,
i booked 2 weeks ago and apply loan after 1 week as i busy at work. I havent sign snp yet ask i told them my loan still work in progress. i will sign loan offer letter first then only will sign snp.
rules still be the same..
i think now average rate is -2.4 BLR unless u borrow a lot then BLR can nego a bit.. so far what i know -2.4 is kind of standard rate…
bank just like factory.. u see this factory increment how much, then other will use as a benchmark.. same theory apply to this BLR also.. i think.. hahaha..
i think you guys will get call from lawyer by this week.
The lawyer is based on the name list provide by PLB to call each of us.. i suspect the list is not in order for who brought first… not FIFO.. like randomly.. so you guys should get call very soon.. may be tomorrow.. who know…
I hope can know my loan status this week so can plan to sign snp next week…
wow so fast ask to sign spa , my loan application submitted last week , hopefully can know it within this week.
Anybody has the contact person for Hong Leong bank?
I think you can ask the contact from PLB land agent.
My friend just told me due to she not manage to get the loan, so she would like give up her DST unit with original price, good location, anybody interested may contact her yisong078@yahoo.com,
@sc
when are you signing the loan agreement? Sign together with S&P?
@JS which unit number?
@potato
I not very sure, but heard that start from 30+ something
@potato
hey potato, i havent sign snp as still waiting for approval.
After i sign loan offer letter, then will go to sign snp.
loan agreement will sign after bank send it to the lawyer.
hey JS.. i just check the plan.. DDT 30+ indeed is a good unit..
anybody if interested just contact my friend at email yisong078@yahoo.com
yup, it is quite good if medium cost flat change to semi-D
btw, any thought if hse facing south or north? which one better?
unit 30+ is facing south, rite?
For me facing N/S ok , i not prefer facing E/W , due to sunrise and sunset heat, this is only my personal point of view
@Mike
if not mistaken, general feng shui face south is better but depends oneself also lo
For the bank loan, better look for those bank that no lock in period, meaning that we can paid extra $$ or dump in some amount anytime if we have to reduce the interest rate.
Hi, Thomas,
Have you comeby any bank offering loan package that has period lockout? What i understand from multiple bank enquiries is, the lockout period of 3yrs do not allow for full loan settlement only…
@Mike
I had got approved loan from Hong Leong Islamic, so far have no lock in period.
@Thomas Islamic package is having this features, however, personally i think this locking period will not be a big impact if you opt for flexi loan. If you loan 100k eg, you put 100k in current account, eventhough your loan account still stay active, no interest will be chargeable. unless you wanted to sell your property off. so in short, will impact for short term, meaning who people who wanted to buy for investment purpose. Well, I came to know that BNM is going to annouce the waiving of locking period soon lo.
for a makan gaji ppl, conventional housing loan better or flexi housing loan is better (current account)?
@jan
IF you asked my opinion, I would say flexi loan. I have conventional and flexi loan before. Comparatively, flexi loan will be a better options for interest savings as well as emergency cases lo. eg, if you loan 100k, you have cash 100k, you put inside the current account, you will not get interest chargeable, when you need cash for emergency cases, you can withdraw it without giving notice to bank. (conventional will require you to give notice and processing fees may be imposed)
Drawback of flexiloan perhaps is the maintenance fees for current account. However, some banks offering no processing fees as well as maintenance fees. Have to read through the offer letter for this.Seemed too good to be true. But perhaps they are trying to give better offer to attract more customers.
i persoanlly prefer full flex bcos i am makan gaji also…..lol
The main consequences of conventional and flexi loan currently is the 3 years locking period. If calculate carefully, what you paid for the first 3 years to the bank is just the interest only without reducing your principal loan amount.
The main consequences of conventional and flexi loan currently is the 3 years locking period. If calculate carefully, what you paid for the first 3 years to the bank is just the interest only without reducing your principal loan amount.
Called PLB yesterday.. DST units only left facing junction.. too bad too late
Tan : wait Second phase……register quickily so that higher chance, and try ask whether still have rebate 20K bo…?
@James Not really lo. I compared before. 3 years locking period will impact more on conventional loan. For the interest calculation, if you put money in current account, the net impact is the same. only the loan account will show that you are serving more interest and principal look like not reducing, however, current account will have the debit back lo. Thats why now most people prefer take flexi loan. Well, perhaps different people have different view lo.
@EK : Hope so, cheers mate !
@JS : Your friend – yisong078@yahoo.com still wanna let go her unit ? Still waiting her email..
Hello! Very happy to get a DST befor all sold out. Wish I had found this happening forum earlier. So many people & comments! Wondering if we can start a facebook page for us to share info and update each other?
Anyone already sign snp?
Thanks..
@sc Planning to sign s&p and loan agreement together lo eventhough they asked to sign s&p first. but i called lawyer to request. should be ok. how about yourself?
I recv letter from lawyer firm yday but a big mistake happen, during deposit pay to X lawyer firm and now Y lawyer firm sending letter to me, purchaser under somebody’s name but unit number correct , some more need to go to mainland for signing spa…..hin ah~, will call to office on Monday
@EK u asked the lawyer come island. thats what i requested when they asked me also. the developer said now lawyer “mobile”. so ok lo. I wanna see how “mobile”. i think we are having the same lawyer. weird also, paid the 5% to lawyer A, lawyer B handle. I called lawyer A then only I found out. I also surprised when i get to know.
Hi potato,
I havent sign snp yet as still waiting my loan offer letter. so slow….
hi EK, as i know different lawyer handling things. not same lawyer hander all the thing. some handle snp, some handle loan if not mistaken.
EK, May i know what the letter is about as i did not receive any letter from any lawyer? Wah.. unit number same but not you are the owner.. can happen.. hope will not happen to me.
EK and potato, can you share ur once you already sign snp ?
Thanks..
Letter content said “doc ready n pls call to office for spa signing arrangement”, but mana boleh call, mistake a lot, need clarify first
@Mike
Based on ba gua, South is good for money bad for health. North is vice versa. Good for health, bad for money.
Basically South is suitable for people whose earnings is commission based or young people. N is suitable for employment or senior citizens.
thanks, ah qua on ur reply, good to know tat, anyway, i hv not got any letter yet, wil follow up wif developer on monday…
@sc Actually offer letter is ready. Just that I still waiting for “better offer” but I know is not realisable. I think next week will just sign three in one. Is ok if lawyer havent sent you letter. cos different lawyer use different ways to contact their clients. This one I already get confirmation from them. either phone calls of letter. Lawyer A will be receiving the 5% from us. However the same lawyer will be doing the s&p and loan agreement. Very unlikely two lawyers handling the same unit unless exceptional case. more trouble for the developer.
@EK call them to check the name. else you go direct there sure wait till siao. I think may be the mistakenly put the previous buyer name(loan rejected). they handled too many cases. hope s&p is correct. just call to confirm and request them to come penang lo. since they said “mobile” saturday somemore not open. so ma fan.
Potato : sure , will call before move , cheers !!
SC : wat better offer u waiting ? Can share ?
Ah Qua : then bedroom hv to design to face N liao, so that to get both balance, lol
@EK
We’re talking bout the facing direction of the house, meaning taking it from the main door. Stand at the main door of the house facing outside to take your direction. The bedroom doors are not applicable here.
anyone know, when is the last day must sign the S&P ?
@Chow
End of April , said PLB .
I was told to sign SnP by end of April, btw, the 2nd phase launch date has not been finalized yet… Mayb in much later timeframe…
I am thinking of writing in to the developer to propose on concrete imprint on the back door area, anyone? Am gathering more voices and opinions from the buyers…
Had a chat with the local, there should not be a concern of flooding on the site, the most is the river outflow to the road during tsunami time(worst case).
any future facilities will be built such as School, Shopping Complex or Goverment office and road expansion etc..Pls share if have any news. Thanks.
@Tan, please email to yisong078@yahoo.com to get details about the unit.
@JS, still waiting your friend reply.
@tan, can you please email again, she told me she didn’t receive any email from tan.
@JS, ok, will email again.
Mike , what is meant by concrete imprint ?
If you have been to the site, it is the a flooring type given for the car porch. U can type concrete imprint flooring in google to look for the images example…
I got 1 unit DST and plan to release. Please email me (chew2020@gmail.com) if you are interested.
Tan , is looking for this
Is the single stores unit good as in investment.any idea
Tan & others,
Be careful! There are some people booked for units with 20K early bird discount (example DST RM468K), but true story or not don’t know lah… say cannot get bank loanlah, 1st say release with “original price”, then when got people ask, want to release the lot for RM488K to earn 20K! Just checked with PLB, if you book now still got 20K early bird discount……
For these people, better “gia cheng ki phak chio gin tang”
Better wait for phase 2 lah, buy direct from developer, no hanky panky……