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
[nggallery id=7]
To ALL:
As long as in Penang, the landed property will going up Like Batu Maung and Teluk Kumbar area. the answer is the land is limited whereas the demand is hot.
Balik Pulau town area (near MPPP) 5 years ago is 350k now my friend bought at 700k.
Sunway Tunas teres house every scare about flood but now going up to 900k.
For hot area Desa Airmas Condominium previously is 200k (2007) now is 600k (2013)
Lip Sin Apartment now can sold at 250k minimum.
Prestige III Double Storey
Feb 2002 ( 468k) ,June 2002 (498k) , NOV 2012 (528K)
In short, hold the land or property and don’t hold cash.
The only setback is no gated/security for Prestige III therwise i can say it is perfect.
Any unit available? What is the selling price?
what is the price now?
04-390 0799 is more appropriate
The market will crash soon!!!!
MasterT , hamisu ? why suddenly masuk sini kong siao wah…?…why only masuk sini ki siao ? no see u at other forum eh ? wan to come in here make lao juak si bo ?
let’s wait and see on Master T comment
Yes, Weng. You are right
Question is when ? if do not know , please dun simply come in and talk cork to make like something going to happen…
I also can say US is going to disappear soon…..but when, i do not know.
If he so good, give a precise forecast, i can give him a tolerance of 1/2~1year.
If unable , please do not make noise here and do not put name “master”
bay ta han…~
Jason and Cindy :
Do you take up any units of Balik Pulau teres house ?
Just sharing currently plenty of condominium projects available in SG ARA and Relau at 580k ( rm500 per square feet )
And teres house at Nibong Tebal and Jawi also grow up to 400k…………
My prediction is Prestige III price will shoot up once OC obtain.
Master T, it will come truue during coming Chinese New Year.Let’s wait and see.
weng really now the condo is at 5++K? sai lo, not mention the maintenace fees per months. and what do you think about the prestige III?
Good, Good.
Your children will thank you for buying one in the future.
They will said Papa & Mama pandai.
I bought 1 Double Storey during 2012 CNY at Gurney Drive, RM468K.
That time, the showhouse not even completed, nothing.
I dont bother whether people will move it or just leave it empty & deserted.
After all, it is landed and freehold. RM2K per month is affordable.
I dont want one day to read newspaper, Balik Pulau booming yet i recalled back i actually have a chance to own one but dare not take the risk. Lousy, so be it
Today, most project launch by developer at least RM500K and above.
Expensive? Yes. But, what to do. People still buying, sold out 1 project after 1 project.
Bubble? Yes, but no one knows when it burst. Every one just buying.
Unless, you already has a place to stay, other wise, you better think twice or thrice to continue waiting or just buy one now.
All:
For latest investment areas ( SG ARA & RELAU) everybody pay for 10% and then no need to pay single cents ( with zero interest ) and wait/plan for sell after OC obtained.
so the market value si there but the plenty of the, waiting for sell off.
So my key is some startegy must be plan ahead before invest :-
1) it must be demand more than supply ; example in Desa Airmas ,many potnetial customer
want to buy but no one want to sell .( to the extent that you no need to pay agent fees or
pay less due to hot demand vs low supply)
2)it must be unique, like in Balik Pulau,plenty of old projects completed and new project on their way to come. Let’s compare with Predtige III, by hacing so many facility espeically the
fishing place and bicycle path which are unique and impress all.
In short :-
Anymore developer have these kind of big projects ? otherwise it will be the MOST impressed place in Balik Pulau.
I guarantee myyself, it will grow up with 100k after OC obtain.
Hi Weng, u look so informative..
Heard there will be a Hypermarket near the entrance (currently is small kopi stall) from Guang Min newspaper , is that also true ?
if yes….wow, life ez liao, no need go to town for daily stuffs.
After reading the comments here, I can’t help but to put in my opinion here. I’m a resident at Balik Pulau. 10 years ago, nobody pay attention to this place. And today, wow.. So many housing projects are going on here. Mostly landed as land are aplenty here. My parents are from here, and many years ago have acquired a single storey landed house, and a corner unit too. At that time, prices were like dirt cheap. Less than 100K. And today, myself and my brother are so thankful to our parents. Being able to live at a landed house is pure comfort. There is no parking problems. Cars are perfectly shaded. No need to pay maintenance fees for lifetime. No doubt, the travelling takes some time. But I’m used to it, so, I’m not complaining. Actually, if you really need to get to a place,you need to travel anyway. But most people today have cars, so, there’s really no issue on that. Balik Pulau offers a serene and peaceful environment living. Its a small town and everyone knows you. Its like a close knit society. I stayed here and grew up here and not trying to say that other place is not good, but speaking from my own childhood, I really like growing up here. I think every place has its own pros and cons. But to be able to live in landed property, that’s what I’m talking about, knowing that land are scarce in the island. Those who have bought landed property in Balik Pulau, good for you! Welcome to the friendly neighbourhood.
All:
Why everybody keep quiet ? Please share some good news .
I Expect Balik Pulau will be another new city in 5 years time.
Any new market or Complexs are on their way to come ?
By when the prestige III project will be completed ?
I suppose the reason is because election fever still haven’t subside! Lol.. Yes, Balik Pulau will be a new city hub in several years to come.
Joey:
Any flood in Prestige III project area so far ?
My colleague as a resident opposite prestige III area and he told me never face any flood happend.
Is it true there is a SRJK(C) within walking distance?
Yes, in front of my colleague house have a river and same row with primary school. His as reseident there since a child.
Thank you KK for the information.
Then, Should be a good buy, price relatively cheap for a landed freehold.
Even condo now also very expensive, dont talk about landed first in Penang.
Again, thanks
Just like banish from the outside world but still has to pay for this
location. Staying in “EXILE” for the simple reasoning with the purpose
of staying in a landed property.
Well, for your information, SP Setia will be launching a landed scheme in Balik Pulau.
The name is Setia Raintree Residences.
Eventually & Gradually, more & more reputable developers will built this & that signatures townships in Balik Pulau just like last time no body bother about Batu Maung until Mah Sing creates that South Bay.
Don’t you ever regret few years later. Mark my words, let’s come back to this forum few years from now.
Oh ….!!!
Are you sure? Is it confirmed Wai ? or just rumours?
I remember SP Setia created miracles with a housing project which is considered deadlocked as the only access is thru Traffic chocked Jalan Meru, Klang Town.
SP Setia Built a Flyover and link the housing area with Federal Highway!!
That place is called Setia Alam now.
So, wait for SP Setia to wave its magic wand in Balik Pulau
Hello…now, Balik Pulau Double Storey House around how much?
By the time SP Setia comes, the price will be not affordable lo……
So wait or buy now leh? Any advice
Even now, compare to Bayan Baru also no where near to it. B.Pulau is
is on the opposite side of the island. Totally different scenario.
HOW IS BATU KAWAN ? 2nd. Bridge will be opening to public soon. Years
ago all hoo ha, hoo ha and jumping up and down. NOW I DON’T SEE
MONKEYS JUMPING UP AND DOWN.
June, it is RM528K now if i am not mistaken and even then, i dont know whether still available or now. You may call the developer to check out. You should check the actuall location also, go to the site at Balik Pulau. That area is progressing fast.
Do you have RM2500 every month as extra money? for installment If Yes, why not?
(1) Even if not good in near future, you still hold a double storey house-freehold for your children.
(2) Of course, we cannot compare with developed area like Bayan Baru, then , we have to compare the price also to be fair, In Bayan Baru- similar landed is over RM1million ++ long time a go. Bayan Baru house price was like Balik Pulau before, many many years a go.
So, June, Do you want to miss another”‘Bayan Baru” in the making?
Any idea where is the exact location of SP Setia new project in Balik Pulau?
Any idea how soon can the prestige iii projects be completed ? Just excited to meet all the “new nieghbour” soon ?
Secondly also want to see the market value after completion.
I thought the price is less than RM500K for Double Storey, i remember saw that during Road Show by the developer…Around RM468K or RM478K, no?
It is advice to buy now then sorry to miss out as what @kenneth said.
If you have to wait that everything is so sure , then u got to buy another expensive property again.
@Janet
the price you’ve mentioned is for phase 1, is no longer available. phase 2 onwards i think is still 528k. u can check with the developer for the latest updates. show houses are also not accessible coz they are working on the drainage..
@weng
Weng, I grew up in Balik Pulau. Never heard of flood before
Joey :
My friend stay in Balik Pulau (near Public Bank) keep on stressing that there is Tsunami before ,about 40 years ago. Can you check with the old generation.
Actually i also heard from my friend who stay inside the PRESTIGE III area and say flood never happened before.
Anyway , but i i never think twice as i need a place for fishing,jogging and cycling………
let’s me know if everything is ready
Weng, by the way, there is never a Public Bank in Balik Pulau. There is Maybank, CIMB, BSN, Ambank only.
Well, I did ask my mum. According to her, many years ago, about 30 years ago, there was a minor flash flood, but the reason for that was due to poor water drainage. But it subside very quickly, and this happen at Taman Seri Genting area, where we are staying now. Previously we used to reside at the town itself, near the Kompleks Balik Pulau, and over there, there has never been a single flood incident.
You mentioned about tsunami, well, that one I’m not sure, because I’m staying further from the sea areas. You will have to ask those who stay near the beach.
Hi Weng, Joey, any idea the road will widen ? i still very excited to know is there will be hypermarket in this Central Park ? hehehe…~
Hi wow, which road you are referring to? If you are talking about the road leading to Teluk Kumbar and the road leading to Paya Terubong, yes, these roads have been widened extensively.
And yes, I’m also excited to find out whether a hypermarket will open here. Probably a few years down the road, who knows. If yes, that would be great.
All:
Since the demand for prestige iii is so good.
Double storey Feb 2002 ($468K), I bought at Jun 2002 ($498k),Auugust 2002 ($ 528k).
Semi D up from 600k (FEB 2002) to 800k-1 million.
I guess ther will be a hypermarket in a year. Now we have CIMB, KFC, Mala…….soon will be
Sunshine, Tesco……….
hi Joey, kam sia for info, may be i shd say the road (from the road corner [kopi stall now] to the our area) wil be widen ?
sorry sorry…
Hi all,
The latest news is “a new 4 acres specialist hospital beside the existing hospital in Balik Pulau” announced by the new Deputy Health Minister (MP of Balik Pulau).
I think a new supermarket or Hypermarket in Balik Pulau will be very exciting.
Hi wow, I’ve not heard any info on that road that you are referring to. Anyone here has any info, do update here. If I have any info, I shall do the same.
Hi Kelvin, that is pretty good news. I hope the supermarket/hypermarket will become reality soon!
Joey :
Can you check the prestige III construction is in prgoress for all phases or phase I and phase 2 only and phase 3 still not yet started ?
Long time didn’t visit the projects ? please take some photos and send to me lah at wklow66@hotmail.com ,okay ?
Hi Weng, I will try. Next time you must treat me “yum char” when you move to Balik Pulau! Haha…
no problem,can belanja you lah with the condition you bring me to the “Ho Chia place” in Balik Pulau.
Weng, haha.. Kam sia! You know, the funny thing is, although I lived here, I hardly eat the famous food here. Most town people come to Balik Pulau for the laksa and durian. But these 2 I rarely take. Haha! Not that I don’t like, just don’t take it. Next time can recommend you. Hehehe….
Weng , you may join the facebook for the photos posted by members, u can find the link in this forum
Thank wow. Yeah, that’s a better idea.
All:
Whoever stay in Balik Pulau, could you please help us to post the latest photo in the fasebook for all linked member to view ?
Joey :
Laksa and Durian i can find myself, i need something more than these 2 uniq food and fruit ?
regards
wklow
dun put Joey in hard time, it all within this small island , what you have eat are almost same there liao, why not try Laksa Jangut ? Gertak Sangul there….but not me to bring you there….i m not a good tour guide.
Hi Weng, something more unique, then I don’t know loh, haha… But you can try the chinese stall pasembur at the new market. A lot of people like it. Not bad.
As for the photo, well, like wow said, you can try join the group in facebook as you can get more updated info. If I have time I can try pop by at the site, but only if I have time ya.
Wow:
I will try if i can find Gertak Sangul.
Joey:
For new market, the best food is “LO BAK” at the economic rice stall.
Hello:
Any idea how many units left and what is the price now and when can get OC ?
Is it the good time if go and visit the construction, what i mean in term of the road is fully completed and can got thorugh ?
latest update :
SP Setia called me that they have a new Condominium project going to launch in SG ARA with 120 sf worth RM620k.
One sq is RM516.
@weng
Setia Sky 8 ?
I bought Double Storey during CNY2012 in Queensbay, RM468K after i saw it the night before in Gurney Place, i meant , we went for dinner at that time but was attracted to the organised booth.
But , the thing is I still not very sure the exact location of this project in Balik Pulau.
This Prestige 3 is the only property I bought that I hoped to get key as late as possible, as I really don’t know what to do with it. Rental?
I hope to get key in 2014 but seems like sooner
Hahaha… You are not alone
Mine, not like you , suppose to buy food but ended up buying a house!!! Wah!! Movie meh!!
But, my case almost like yours, already gave up buying landed property in Penang Island.
Too expensive .
But, what the h….., a Double Storey Freehold , with big playground , this and that selling RM468K!! My husband said, die, die la. Don’t live with regret!!
So, bought one like you. Hahaha…. Getting key maybe end of the year, see how la.
Who knows? Maybe a lot of people move in leh , nice place
Damn it, only RM468K?
Miss the boat again.
You can not even get a condo , 1000Sq feet in crowded place.
If I were you all, habis habis, keep. Just dump RM15K for grill, lighting, KDK fans, cheap skate sofa & tilam, 2 bicycles,
Enjoy every weekends , I heard SP Setia is coming soon to Balik Pulau.
Seriously? So kampung , no Bintangbucks coffee, no Rahsia recipi cheese cake , but Cheap cheap…
Double Storey some more!! Got tiles or not? Possible RM468K?
Why Prestige 3? Other projects in Balik also many, any special thing?
Thanks
Buy Tree S condo this week, RM600K++ for a condo, wait 3 years,,
Crowded place some more…….
Condo can Goreng , 3 years later rm800K!!
This one no market
Correct, correct, correct
Rm1million for the Tree S condo after OC. Go Goreng
Don’t disturb Balik Pulau……
But, if one day, BP booms……. This project early buyer will be smiling every day
Landed property
Wah, 3 friends in factory buy Tree S Condo,
Instant millionaires after OC.
2 of them, junior engineer .
I work ten years , better go eat shit
Tree S condo, so fast to project RM1 million? SNP sign dy?
By the rate of appreciation , 3 years later, by the time OC
Should hit Rm2 million….. Possible
Sweat
Buy Tree S condo better… This RM468K is the initial super early bird, now More than500K
RM500K ++can buy Tree S!!!!
Super condo!!
Why buy Balik Pulau?????
Leong, you should read previous comments posted here which will give you a rough idea why some people bought landed property in Balik Pulau. My view is that staying at a landed property is always the best. If given the choice, who doesn’t want that?
Those who stayed at landed property will know what the benefits are.
Only thing is location. But with major roads widen, this shouldn’t be a major issue.
Its good investment begin, buying low and selling very high later.. but if for own stayed.. need to think many times.. the infrastructure much more need to be improvise first.. and gated is the must in there… ppl said sangkala places ma..
@Joey
For the sake of staying in a landed property, force one’s own self living
in exile in Balik Pulau.
No matter how you explain the taste of sweet, if that guy never tasted it before , he won’t understand.
In Penang Island, not many people have opportunity stay in landed since kids.
Even now, given opportunity , they don’t grap. So be it.
Let them stay in condo for many generations to come.
Don’t waste your time explaining to them
Thank you Kenneth for your input. That’s right, those who have not taste before will never know. That’s why I said only those staying in landed property knows what are the benefits. Haha, exactly. Let them stay in high rise for many generations to come.
@Kenneth
What type of taste and benefits would that be staying in Balik Pulau
other than staying in EXILE ?
Hello:
” lan tian mo yen kang , kang liao tall yen cang “.
Prestige III Price grow from 468k (Feb 2002) to 528k ( August 2002) and target for 558k in Phase III. And more international school on their way to come.Rental pun “chia be liao ”
Those Condo Projects accummulated in SG ARA and RELAU grow to at least rm500 per square feet with plenty fo project around in the same place . Think about traffic jam.My firend who stay in SG ARA told me he need to pass thorugh 10 traffic lights before he reach factory.He start engine at 6.45am and reach factory at 7.30am,”mana boleh tahan ” ?
Wise elders said it is ok to live without much success/fame, but don’t you live with regrets.
In this world, nothing is definite and we should has some reservations in condemning others’ choice, We never know for sure what waits us in future.
I sincerely hope few years down the line, you will not regret or try to avoid any subject related to Balik Pulau. Or that kind of feeling ” I have that opportunity once….”
@Truth
You damn good in pysco people !!
That guy not your match la,
That poor guy probably crying in room now…..hehehe
You talk talk talk
Feel like buy one le…..oh oh oh no no
Actually , my family was about to buy a subsale landed at RM1.2 million. Very firm as we scout for some time. Monitor the prices offered in secondary market , the most steep at RM1.4million.
Then, we found this project!!
We love it, suddenly, we have so much savings. So light weight in financial commitment .
If we proceed with the RM1.2 million purchase, the legal fees alone is quite substantial.
Suddenly, our life has so many options, Toyota Camry, Renovation as we wish, etc
The most comforting is we are buying a new area, so much potential.
I will put up with the traveling , never mind. So long the kids / family happy.
RM1.2 million , 3 Storey house ?
Yes, 3 Storey terrace.
Happy Father s Day
Hahaha, ironically I have the same thought, maybe not “exile”, perhaps Balik Pulau too ulu for me. Only if I have the extra cash to spend, I wouldn’t mind buying a unit in Balik Pulau at all. Matter of time when balik pulau will no longer be “peaceful”
Pay cash?
Subsale . Bank normal 80% loan
20% cash: rm240K
Sure, budget at least rm60K for this fee and that fee
So total rm300k
This Balik Pulau only what rm468k
So, need rm168k
Go kwsp office, account 2 easy easy has more than that. I mean I lousy guy also got around rm100k in my account 2.
Right decision. If you proceed rm1.2 million purchase , in debt rm900k over.
30 years , has to pay at least rm4k!!! 30 years!!
Go buy Camry la
Waiting for Balik Pulau to flourish, you have to wait longer than you
expected. Butterworth area will be more establish with vibrant growth
than Balik Pulau anytime if were to compare.
@Cash king
So much difference !!
Debt free and a new house or
30 years commitment – RM4K every month, also a new house
I mean , sleep 8 hours, go toilet, watch tv all same, right?
RM4 K can give your kids study doctor also enough la.
I support you
Yes, you are right. Proceed to buy house at Butterworth.
You are like , mouth said I don’t bother my ex-girl friend , she is no good but I see you every day passby her house to have a look… You yourself also unsure love her or not.
You are still 50/50 about Balik Pulau. Just buy one la, still cheap. Stay in Butterworth , keep 1 house in Balik Pulau. Buy single Storey also never mind.
@Chan How Lam
I have property in Penang and Butterworth but not Balik Pulau.
All seems like buying Balik Pulau for future.
My father asked me go for it when I brought back the brochure from Gurney Plaza for fun
during CNY!!! Hahaha….I just take the brochure for look look only.
Of course, my father not only support morally but also my 10%. Father is great!
@June
Follow them if you think your purchase in Balik Pulau will be for the future
in 3 to 5 years from now. Prove me wrong.
This is not a contest. No winner , no loser.
No wrong, no right. Property purchase is a matter of preference. A person’s dislike could be well another person’s delight.
No one need to prove anything.
Just like a father up there letting go a RM1.2 million house purchase for a modest double Storey Balik Pulau terrace house. How to judge his decision is right or wrong? Based on what set of criterias? Every one ‘s position is unique and special
@June
RM1.2 million house purchase might be a burden for most people. Frankly
speaking, no one will move to Balik Pulau from town unless under special
unavoidable circumstances.
I have bought the house, and no regret because this is the only landed property for my family and also a holiday house.
As for the condo. yes you can sell it at high price but how many ppl can buy with such a income? with million-million in their mouth on the others hand monthly maintenace fees is around 300, when you retire 300 may go up to 500 than I don’t know can I survive with my EPF with this? I’m not looking for investment but I’m looking for something that I can afford with the hard earn $$$. Before I buy a lots ppl laught at me and saying a stupied art and I will cry in future. Who care!!!As long as I like the place and can enjoy with my family
Regret or no regret, worth or not worth is depend on your own judgement.
There are people residing at Balik Pulau, people grow up in Balik Pulau.
People travelling down to work / needs / goods , every day. Balik Pulau is good for so many generations already .
Those who grew up in Balik Pulau is totally different case from people
who are living in town all this while moving to Balik Pulau.
Once both phase I and phase II completed and OC ready, the dream will come true.
i can go there during weekend for cycling,fishing and jogging and Laksaaaaaa
I only pay rm2500 per month lah, it is value for money.
I can reach Balik pulau with a total of 40 minutes only from SG Nibong.
3 years down the road will be another china town like “lip sin”.
Give you a like.
When we are eating happily, occasionally 1 or 2 flies will be buzzing disturbing.
What do you do? Try to chase the flies away? No
Don’t be bother, continue your feast. Eventually, you don’t even notice they are gone.
You don’t even notice they are gone because it’s inside your stomach !!!!
LOL, hahaha….. Flies – use electric racket la
Perli also so deep, polite .
Other forum, already call dog, monkey , etc etc
It’s Spanish fly !!!
Just went back from site.
Totally different from CNY open house that time.
If we have an active community, with a volundeer leader, we can have our own arrangement for guarded & gated…
Well, too soon for that. If the safety is not an issue, the current setting is sufficient.
A real big taman, it is shaping up now. Hard to find such big landed development in Penang Island now as such price.
chong:
Is it good time to visit the show units ? And the road is still under construction ?
All:
My friend bought a Condo ( near Pantai Hospital) at 560k and will be completed in April 2014.
Now the price is at least 900k above. It is 1700 sf.
what is the price range for SSD now? still any units leave?
Balik Pulau affected by strong wind yesterday ?
Hi Weng, it was quite bad especially at the hill side. I was driving home at that time, about 7pm plus. The wind was very strong and blew up alot of debris, leaves and some small tree branches. It was pretty scary but once I reached the town area, it was ok already. So, technically only at the hill side was affected.
Really unlucky thrusday, one was happened at 2nd Penang Bridge and 2nd was happened to Umno Building…………..stay at house especially while raining season (plus strong wind)
Nothing was happened yesterday……….the bad was ended and the good is coming on their way.Cheers
All:
How soon the PRESTIGE III projects will be fully completed ?
Is the price goes up from RM528K?
I was informed that the selling price reached RM528K end last year. Now???
Kelvin:
No Idea and you can call up office 043900799.
why every one keep quiet ,anything to share ?
anyone visit the construction side ,please update the owner. how many still vacant ?
i heard the price is 528k above.
hi weng , are you in oversea now ?
Just got some info from Queensbay Property Fair today, phase 3 for Prestige III is selling at RM588K for double storey terrace and RM772K onwards for the double storey corner. They also launch 5 storey apartment at around RM209K of 911 sqft.
Wow, comparable to 1st and second phase, the price has gone up so much ! Good for the exsiting buyers ! Congrats !
HI:
Thanks for the latest update. It is their strategy,hold the phase III until there is a demand come true then only push up the price. It quoted by sale agent previously.
For SG Nibong Penang, i asked for double storey terrace house, it sold price is about 900k ( 30 years old landed property) and need renovation about 200-300k to upgrade as new property so will end up with 1.2 millions ,as compare to new landed prperty of 1.4m in Penang right now.Whereas SG Nibong (Desa Airmas) market value is 620k right now.
In short for both landed property and condominium are very hot in market at Penang.
It will never go wrong buying landed property in penang ‘island’. But Butterworth depend on location.
Hi All,
I actually checked with PLB Booth at the Queensbay Fair as well as PLB site office at the Prestige III. The correct info are as follows:-
Exsiting phase still RM528K but only 5 units left
New phase (2nd & 3rd rolls from main road) RM568K but built up 20’x 46′ (land size same 20’x70′)
Thus, the new price of RM568K is for new phase with bigger built up and the price will increase to RM588K later (list price).
HI:
I would like go to visit but may i know the road go into the show units is still under construction or fully completed ?
I still can remembered that during last visit on June, facing hard time to reach show units and it’s toilet also under construction ? At last i decided to go home immediately
Hi Weng,
Yes, the road is still under construction but you could reach the show unit.
And the worst thing is “toilet” is not available (no water supply)
When OC will be obtain for Phase I ?
Not so soon as the money collection from bank is stop at 45% at this moment.
anyway phase i and phase ii be ready at one time.
Someone said there is subsale for PRESTIGE III,anyone know what is the offer price ?
I was told latest is Apr 2014 for phase I.
wa lau ai, P3 APARTMENT (PRESTIGE III) sold out at rm230k within 3 days and now left over bumi lots which need to give 5k under table money . Really cannot believe !
i went to show unit yesterday and getting the latest information.
All phase I and phase II (including the road) will be completed by end of the year. then wait for OC. our agreemwnt mentioned OC due by April 2014 so the developer donot want to commit earlier.
Once phase I and phase II oc obtained, they will start to phase III projects and 35 shop lots with 798k.
2 blocks of Medium cost 5 level apartment with 2 lifts sold out within 1.5 day at 230k and Muslim units have to keep for 6 months. One more medium cost block will be launched at 250k soon, can register now also same with 2 parking lots. Prediction will be 350k after completion.
i plan to rent the unit once OC obtained, who has interest please let me know
intermediate or corner ? how much u expect ?
@wow
it is intermediate unit. and i will base on the market value to rent out when time come.
The garden starts to materialise and I can see a gazebo (a little too small though) being built. The front row of old houses are already in the process of demolishing and I am really excited and can’t wait for the completion of the project. I hope that they do a beautiful landscaping to the garden and also the lake which they promised in the pictures.
@wannabuy,
tengok baik baik , ada lake meh ? itu river sudah exist one, u sudah buy ? better tengok baik baik before u buy if u like lake
Housing price will be increased due to petrol price increase and cuase every things increase except salary.Also the police operation on the illegal foreign workers causing construction site short of manpower that make the housing price going up again
My 2 cents, I think overall Balik Pulau(BP) is a good buy. Nice place to stay and potentially price to go up to double within 5-8 yrs due to no more land in Penang island. For normal workers who dream to own a landed property ; i think this is the last location to grab. When the landed price in G/town or B.Lepas grow up to 3M…i think BP will go up to 1.5M at least for landed.
When can we get the key?
hi Tan,
man man tan , money no dry yet…. >.<iii dun too fast, slow pace sikit…. cuan~
Joey:
Any update on prestige III construction status…………wah ! you are quiet for 3 months liao.
tell us both the good and bad news
Too bad the main road in front ( Kuala Jalan Bharu) will not be expanded!
A narrow road to big project 😀
This project will be sold out? YES, but like many houses sold in Balik Pulau will remain empty/vacant. The whole project will like abandoned area when keys handed over.
Why? Every one bought because it is cheap, not because they want to stay. It is not for rental either as every one knows there is no market for rental!
Every one buy for the sake of buying landed. Overtime, vandalism will set in with missing gates/window pans, etc
For those interested, only left 2units. I had just bought 1unit last week. Now the completion is almost 70-80%. The price is RM528K…what can do…already increased 60K lo….I think few years coming there will be more expensive in balik pulau. Phase 3 is selling RM568K.wow…the developer earn lots.
gai la, the road not to expand wider ? susah liao like this….
The main road needs to expand else sure jam for big projects. It take times to do all this.
Good thing is Rapid 403 going there from Komtar.
heww, nasib baik~ , if road also can not expand , dun even talk about hyper market there , all will be a bluffing only…
long way to go..the hypermarket
buy for own stay is excellent for peaceful environment..for landed cost like apartment.
How much can house rented?
RM2200 for Terrace cost RM528K (calcualated as 5% pa)
or
RM1300 for (calcualated as 3% pa same like bank FD interest)
I am not sure the BP market.
I think if base on the current Penang Island market, for terrace you should able to rent out RM1300 (average 3%).
However, for BP market i think is less than 3%. Maybe about 2.5%, for terrace is about RM1100. For corner unit about RM1300.
In that case, buy apartment is bette at least 5% return.
State gov going to built a Hak Kar house in Balik Pulau! A good news to BP property buyers, more to come to BP.
this project can boost property price ? near P3 ?
Any new progress of the construction during raining season ?
Is there going to have a new supermarket and cinema in BP?
@Henry
Can share which apartment?
I use Teluk Kumbar route to Prestige III, it looks fine for me and more comfortable as compare to the Relau hillside route
It is raining heavily today, any sign of flood at p3 and around?
Today morning flood happened at teluk kumbar (5 kampung) and pulau bentong
( 2 kampung). No sign of flood at P3.
Due to flood , it will block us to visit the Prestige III Project right ?
Thanks.. Haven’t been to P3 site for sometime. Hopefully things is going on smooth.
Anyone visit the Prestige III projects ?
Gal & Guy:
Please share your photos if you visit it .
Can visited our own unit and the plot number clearly stated ?
I heard Kampung at P3 flooded due to new drain is not ready.
Where is P3?
The developer build both P3 (The apartment) build beside Prestige III (Teres House) in one
area.
P3 is already launch 2 block of medium cost and remaining 1 block no idea when to launch.
P3 also has a low cost of 500 units which need to go through govermnment to distribute.
what is the price range for Terrace? is it still available?
Terrace is 568K last month when i asked.
@Chocolate
the price is from developer?
Yes, got the info from PLB office in Butterworth.
I have a terrace unit that almost completed and waiting for OC by April 2014. Would like to sell at 600k before 31 Dec 2013.
Why we want to pay more to u if we able to get cheaper from developer? No hard feeling but your offer seems ridicules to me, unless i got the wrong info from PLB.
If the developer still got units to sell, then the price won’t be increase, need to wait after OC obtained….
phase2 still have few units left (not facing junction) but not sure if the price is still 528k or 568k. phase 3 is 568k.
Phase 2 is 538K if i remember correctly. Facing to TNB room i guess or something not so nice, better confirm with PLB.
This is an invitiation to treat only. I am not so keen to sell and just want to see how much i can sell after 5 years ?
Phasse II units left some units which is cheaper but not good location and phase III is not yet start build util phase i and ii OC obtained.
Let’s wait and see what is the market value after OC obtained.
The no good location one (facing junction) is only 498K nia. The good location still have 4 or 5 units, selling for 528K nia, so your 600K have to wait another year may be.
may i know this area (Prestige iii) wil flood or not? becuz on october 2013, i heard this area was affected with flood. tq
Last Sunday went to the show unit, phase 2 left 5 units (1 of the unit is facing t-junction), price is still 528k. phase 3 lunch already and the price is 588k. but i c only 2-3 unit of phase 3 been sold.
My husband and i interested to buy a unit there.
Anybody can comment this area will flood or not? tq.
no people can tell u future , but from the past post of this forum, no flood before at this area…
How is the progress, can access to visit the units already ?
I went to the site and saw the developer building more than 2 rows of shop units (seriously, I don’t know what are they and they really look weird, like storeroom) on the left. They are not in the plan we saw, I wonder the developer can tell us ?
PLB is trying to maximize the profit. How about the river, any efforting in beautifying the river bank per the plan?
i can c only 3 units left, grab one, otherwise i believe someone will take it shortly. all 528k. just for info, one unit left in metro residences, near kongsi.
d only bad thing about BP is the traffic. in coming years, especially those staying in air putih and sg pinang area, will take more than half an hour to reach BP town (i meant that small roundabout-who was there before know that). Unless the authority make a step from now. Most probably from BP to Bayan Lepas airport in the next 2 years will take more than 1hour,by looking at current traffic situation along Telok Kumbar. Now from teluk kumbar to bayan lepas, at peak hour almost 30mins. Rather than that, BP is perfect place to stay (even though there are only 2petronas n 1 shell in this area)
New route is in progress
New Route from where ?
Yeah, where is the new route? From where to where?
When will be the oc obtained ?
Heard that there will be coastal hwy in future. .True
?
from other forum post
“Building of a new road from Kampung Sg Batu to Kampung Binjai is in progress. Currently they are relocating the affected residence”
Then can avoid jam at teluk kumbar to airport road
Not sure when Shopping Mall and Good Hospital will be ready in BP
@wow
Thanks, this is definitely good news to P3 buyer.
@wow
Thanks, definitely a good news for P3 buyer!
thats y need to buy it now. the price will explode in next few years if new route been build up soon. to buy n stay there now not really a good idea – will be more than 2 hours to bayan baru (FIZ, Sunshine etc) via both route (telok umbar and bukit baru/relau-a bit scare road!-trust me) – imagine if u work in d office around Jelutong or Bayan Baru especially with fix working hour – gov staff esp. If businessman or casual work, BP more than worth to buy.Travel around 9am from BP, 930 you can reach Bayan Baru.
Its like a 4D. if gov build a new coastal road, that definitely will be good for BP residence, otherwise…u think urself. Thats y lot of people sit n look at the moment, a bit difficult to make a decision to buy or not. But me myself believe P3 is a good buy. If not for you, for your little kids in the next 20-30year. That time we may not able to push the car pedal anymore or go through the narrow road of bukir BP.
I think the small houses you saw on the left side in front of SJK (C) Yeok Hua are compensation houses for those old village houses they tore down. @single storey
I went to the site today and take few photos. How to downloand in here as sharing? I m IT stupid…..
only webmaster can do that, possible u can ask them to upload for u by email them yr photos with project detail.
i think email can get from above tab under “about us” as i never do before too
venniceloh you can join the prestige III in fb.
what is the fb web address for prestige 3?
Went to see the showroom last month. Workmanship quite disappointed ; wall found many cracks..compare to other developer
Got fb ?
fb : Prestige III Homeowners
FOr me the workmanship is quite acceptable. They have already completed the single storey. I went into the single storey unit that was unlocked and found that the work is quite good. I bought a single storey unit.
went there yesterday. i think, the access road will be built shortly. the phase 3 DST area now ready to start their construction works.
But the phase 3 DST is not selling well.