One Imperial
One Imperial, strategically located within the establish township of Sungai Ara, Penang. Comprises five blocks of condominium with a total of 768 units. Cheapest unit has an indicative price of slightly below RM400,000 with the size of 1,050 sq. ft.
Location : Sungai Ara, Penang
Property Type : Condominium
Land Tenure : Freehold
Total Units: 768
Built-up Area: 1,050 sq. ft. onwards
Developer : Modular Platinum Sdn. Bhd. (Ideal Property)
Contact No.: +604-645 6888
Indicative Price : RM380 psf. onwards
Contributed by reader (06-Jan-2016)
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“Beh Song” cause need to pay more? How much more do you need to pay after developer give 100% DIBS and free aircon?
A classic sign of greed I must say. Will only stop complaining if tower A&B asking for at least 500psft.
Setia Pinacle provide 1% downpayment Earlybird package? Offer 9% debate?
Come on! This is the nature of human being. You like to pay more for a same thing? You must be very happy to get a Toyota in Malaysia than in the rest of the world.
Agree. And this happen since long time ago, back in The Spring, Summer Place….
You get my point. Too bad that my max budget is only 500K. Otherwise, will consider Tower B. But since I don’t know how to appreciate a pool view, I guess Tower C is still suit me the most.
I am at Tower A, any advantages for Tower A?
#Anson Lim
How much you get? What is the package?
The most prominet advantage for Tower A is near to entrance.
Yes. Pay 1% during booking and nothing else until completion.
As I understand from the developer, the facilities location is not finalize yet. There are high chances they will readjust the facilities. The reason is that many people complain basket ball field will provided vibration to lower floor unit, they are reviewing the location again. So tower A, B, D,E so call nice pool view still undecided. But for sure facilities view is there
@khc
Marvelous!
Garden Ville is “Fiber Optic Cable Ready”? How abaut OI?
From recent launch project, Setia Pinaacle package is most attractive(1% down payment), then is GV(4 or 5% Down payment, 100% DIBS). OI seems is abit expensive…..
sound like all projects giving year end promotion. For me Setia project is the most worth compare to the others two.
Setia Pinnacle is the most open amongst all the projects here. They put up the yellow stickers to show units reserved for bumi. And with only 1% downpayment until completion, it is also potentially the one that will bring the highest return to flippers.
Hi TS,
Can I join your group ?
worth because of it’s setia? RM500psf? or the 1% down payment?
can you share?
Hi, so far anyone has any news with the best bank loan rates? Blr-2.45 or -2.5? Which bank? Pls share. We r good neighbour right?
@Alvin
1% with 9% discount upon completion, is about rm455/sqft after discount. Latest block of OI selling at rm435/sqft. You are paying rm20/sqft more, but you got better location, view, reputed brand, experienced team. It will surround by luxury landed property, “the price could appreciated” faster than OI with all these advantages. For GV, selling from rm360/sqft, is not a bad deal actually, just do not have the advantages from SP project and shop lot will build at the ground floor. For own stay GV is fine, for investment we need to look on the potential of appreciation. Just my opinion, i could be wrong
Hi All,
anyone has contact for Maybank Banker for the loan? how is the rate and package?
Khc.. I think u have to submit the documents with a few banks n get their offer letter n only start comparing..
i heard from developer that the banks make agreement to offer same interest rate and the rates (BLR-2.45 or BLR-2.5) is untrue? can anyone verify this?
I may let go a 1200sf unit in Block C for an agreed profit. Interested please email aliciatoe@gmail.com
Ctl, ystd we meet with 3 bankers.. Maybank, ocbc and am bank. They will email is the details. Perhaps u leave down ur email address and contact number as well?
@WTH
Yes, not all correct.
GV RM360 psf? (how to get such low price?)
A lowest floor 1115sf for example,
RM447500 rebate 5%+1%(let’s say your loan application is smooth) = RM420650,
So you get RM377psf, how about you need 2nd cp?
RM420650+15000=RM435650 for the cheapest & lowest unit without locking price (RM1500/floor).
Correct me if I’m wrong.
And, indeed GV with shop lot good for own stay? It’s up to diff preference, but nope to me.
By the way, how about the maintenance fee and some more facilities if you compare to OI & Pinnacle?
Pinnacle RM455psf base on your calculation? I not sure it’s price. And Pinnacle location just next to the road persiaran relau & quite near to SR,GV & ZP. Or any new proposed road for Pinnacle owner? I not sure!
How much is GV maintenance fees?
@Hunnyshinez
are you talking about your Permatang Sanctuary project in BM? or OI?
Just now go see tower b.. Left not much unit Lo..
OI la.. Tower B ma… hubby said a few units left only n its top floor
@hunnyshinez
Awesome!
Really? I went to their office last day, about 30% sold at Tower B and 80% at Tower A respectively.
Today left not much units?
Looks like near to entrance and rubbish dump is not favored after all.
where is the rubbish dump area? tower A or tower B?
near to which unit?
@hunnyshinez
Yeah ! we are neighbours, same block as well..:-)
On the way to guard house from the carpark exit.
Not 100% DIBS , only 80% DIBS – the thing is how to determine 80% completion , it ‘s up to developer to say 80% when it’s actually 70% completion
so it mean tower B? unit no. 3?
Tower C, 1200sf unit with 2 c/p to let go with an agreed profit. Interested please email lhtan23@gmail.com
RM390 per sqft only…
@peanut
Wah, u try to get fast money by transfer ur unit to other. I heard that a lot of units had been released back to Ideal bcoz they changed to Setia Pinnacle and Gardens Ville.
I drop by setia pinacle today., just left a few units.. But price is around 700k plus to 800 plus…
Look like Sungai Ara Condo also cost 700k – 800k now. It may help to boost up the nearby project such as GV, SR, OI.
You did not receive a new package offered by Ideal? Now 100% DBIS + Free 4 aircon (3X 1hp + 1X 1.5hp). If you are Tower A owner who purchase the 2nd car park, you entitle for additional 10K rebate.
if you go to Ideal showroom now, you will get Tower A & B 100% DBIS, Free 4 aircon and Free 2 car park.
I am like Ideal sales now….. :p
I am still in doubt that 700~800K will work well in that area. The whole piece of land is developed by different developers. Different concepts and ideals is introduced. A bit like rojak.
If the land is only developed by 1 developer, then probably the developer can have a single concept for the whole project like what happen in The Light and South Bay…..
The good thing is, this land is totally newly developing land, and no old building structure in within. When all the condo completed, all almost still new and should be still looking good as a whole.
Really? Then I should go back and change to a unit with better location/ level.
Really? But Tower C,D & E are still fully booked.
I’m saying that recent new projects OI,GV & Pinnacle are selling like a hot cake.
In doubt, IDEAL allow those who intend to transfer their unit to others with some profit(fast money)????
i tought they are close on last Sunday? how you go to check the status on the sales?
or you know someone inside there to open the showroom for you?
Information is outdated.
Hi all neighbours here, I believe u all r aware that the layout attach on this website is outdated. Any1 have the latest layout? I means the layout is on which units is having 1200sqft? Unit 01,02,03,03A?
@noob
Block B buyer buyer paying higher price for the balcony facing to rubbish dump area ?
@Joceryn
Please send ur email to asteeho@hotmail.com
@CTL
Sorry CTL…My hubby must have seen it wrongly as today I went there to check again. Tower B still left alot… I think he saw the wrong board… @_@
@Bryan
Any idea what is the air-con brand their going to provide?
Great news for the people … cheaper houses mya b on te horizon soon
Bad news for speculators n greedy developers …
As demand falls, Penang plants cut jobs and production
GEORGE TOWN ― Falling global demand has forced Penang factories to freeze hiring, cut production and implement four-day weeks, even as analysts predicted Malaysia’s economy grew slower in the third quarter.
The Malaysian Insider understands that factories in Penang, the country’s main electronics manufacturing hub, have stopped hiring, and are not even replacing those who have retired or resigned.
Many plants have also reduced output to cut costs.
Malaysia’s economy probably grew at its slowest pace in the third quarter as exports fell, but resilient domestic demand, partly fuelled by government spending ahead of an election next year, helped shore up expansion, according to a Reuters poll.
Exports account for roughly 60 per cent of Malaysia’s gross domestic product, and these have been hurt by weaker demand for commodities and electronic components in China as well as the European Union.
The hardest hit would be the electronics sector due to the drop in global demand. “For the time being, many of these companies are still able to sustain their business until the end of this year,” said Federation of Malaysian Manufacturers’ Datuk O.K. Lee. The hardest hit would be the electronics sector due to the drop in global demand but Lee said other industries are also similarly affected as the manufacturing sector relies heavily on exports.
“Some of the factories are not working at full capacity now and due to the gloomy global economic outlook, many are also holding back on investments and adopting the wait and see method,” he said.
Some industry insiders noted that several multinationals are offering voluntary separation schemes to its employees but are careful to keep this hushed up.
”These are big MNCs so they have to be careful to protect their reputation but these are not huge numbers of VSS in any one company but small numbers spread out over the months so as not to raise any alarm ,” one industry official said.
Even as factories cut down production and output, working hours were also reduced and overtime slashed. A factory manager said it has been several months since the factory workers were told to work four-day weeks.
can we suggest to give us air con voucher instead of helping us install it. we can choose or upgrade to our own choices of ac
How cheap is it ? Don’t keep dreaming day and night. Everyone is aware
what is happening in the business sectors. It’s not going to be much
difference in pricing of property.
Hi all neighbours,
any one of you has the contact for Maybank and Ambank Banker? pls share with me…thanks.
@Ha Dog
Now November considered 3rd Quarter or 4th Quarter? This news should be few months ago.
Assume it is true, 2012 Q3 start world economy downturn, how long it need to recover? 2 years? 3 years? If you lost your job now, how long you need to find a job? 2 years?
For OI, installment only started 3~4 years later. I will be worry if the recession come in year 2015/16.
I don’t think we can. Developer buy in bulk with very low price.
I asked the same question earlier. So, I don’t know.
@J & J
In the factory sector, we a still struggle to get enough worker despite numerous of advertisement. Our order are getting strong despite some slowness…especially q1 typical a slow quarter…nevertheless, q2 order is strong especially from US
So either Tower B not popular, or It is really over priced.
There are still ppl think if Pg property price drop, they will be able to buy a unit. never think that he/ she may lost the job or cash stuck in share market or other investment.
I think it is mainly affecting EMS.
@Ha Dog
Please quote the source of your news and the date.
Coming … oversupply, thousands of empty units, soaring household debts, economy crisis ..
Time for price drop
As demand falls, Penang plants cut jobs and production
By Opalyn MokNovember 13, 2012GEORGE TOWN, Nov 13 ― Falling global demand has forced Penang factories to freeze hiring, cut production and implement four-day weeks, even as analysts predicted Malaysia’s economy grew slower in the third quarter.
The Malaysian Insider understands that factories in Penang, the country’s main electronics manufacturing hub, have stopped hiring, and are not even replacing those who have retired or resigned.
Many plants have also reduced output to cut costs.
Is it brand “YORK cooling king”? I observed that They are using this brand for the show house
. Perhaps not the cheap cheap China brand.
China brand better dont install, waste electricity………
Yes, this will create more trouble to owner.
This is what we have to wait & see how IDEAL promotes their “product”???!!!
If IDEAL failed it, there will be less attraction no matter what freebies or package they provide in future.
At least Sammi or Pana. But dont put high hope for inverter type la. Anyway, this is the least to worry.
No use one. If you know Ideal history, with the “reputation”, their new project still can sell like hot cake with record selling price.
Why 13th Nov 2012 still predict economy grow slower in 3rd Quarter? 3rd quarter 2013 kah? Haha!
@Alvin
Yup, better provide the aircond voucher or rebate RM5K for the 10@ down payment. For me, i rather buy the aircond type (Model and invecter type) i want, which is energy saving type to save the electricity bill, and i may not need so much aircond.
Wish Ideal team can see the comment from here and provide the real offer for the buyer.
BTW, can we cancel if we sign the SnP?
As demand falls, Penang plants cut jobs and production …
gloomy economy ahead .. hold on to yr cash .. price drop coming soon
@Bryan
I see. IDEAL is getting improved nowadays.
@MK
I don’t think they will give rebate voucher.
Once You signed SNP, I dont think you can cancel your unit.
best thing is holding the gold instead of cash, low risk. If want to hold cash, you need to hold the other country currency that got stronger economy strength in the region when crisis come. (but do you know which country?). When the market hit bottom, convert back your commodity or other country currency back to RM to build your assets.
This forum got cooled down a bit, perhaps many of them has switched their choices to GV or SP.
I thinking to let go a unit at tower A, middle floor, facing pool view. 2 cp. kindly let me know if anyone interested.
@KC
When do you intend to go to Ideal to cancel your unit? I m thinking of getting a unit with good facing.
Hi PC,
Hi my name is Nachi from KL. From your opinion do you think this is a good buy as an investment?My only concern is the surrounding area?
@PG Guy
Any specific reason to switch? Please share. I m still holding tight. Hehe.
GV and One imperial – any comparison so far? sorry if i miss out previous comments… just a quick summary, thanks…
@pengemis
Hard to tell right now. Mostly buy for investment.
@PG Guy
but for own stay, which one better? which one cheaper and nicer? 😀
@pengemis
Avoid both. Buy those completed with good neighborhood. Pearl Garden or Regency Heights if you must live in Sg Ara.
I thinking to let go a unit at tower B, middle floor, facing town. 2 cp. kindly let me know if anyone interested.
Tower B still left many units for choice.
how much is current PSF?
so how many banks did u guys approached/been approached for loans? may i know roughly, so I know there is no need to approach other bank for a better offer? I was approached by Maybank only. -2.4 BLR. I think thats standard for all right?
@gmee
Gmee, we are trying to get -2.45 under group application.
St, under which bank n which agent?
Depends on which one you like by comparing both developer GSD/Ideal, location wise, with/without commercial lot, $psf, package/freebies offer, facilities & maintenance fee as well. Then you will get the answer.
@Alvin
do u know how much is the starting psf price for OI?
@pengemis
You can refer earlier comments.
Starting RM380psf for Tower C (without locking price RM1500/floor)
Of course, you wont get such price anymore since Tower A & B are selling higher price psf now unless people withdraw from Tower C.
Pay a visit to Ideal office for your info.
I receive SMS from ideal. Now 400++
@ST,
So have u all short listed which bank?
any more offers from IDEAL? 9% or at least 5% discount for early bird? to at least keep those early birds with IDEAL. hope IDEAL management will be able to see this and consider.
need some advise..which would u prefer if need morgage insurance? MRTA vs MLTA? or just keep to your own life insurance?
I’m considering to let go my unit from block E, nice numbered unit. Anyone who is interested can contact me at penangx@gmail.com.
Seems like more and more OI investors are letting go the booking for some profits. Is OI fully sold? Otherwise who will buy the bookings instead of buying direct from Ideal?
How much profit can be made with this? Ideal allowed the investors to do this?
Can let go meh and change name while still under booking meh? The offer letter clearly stated not allow to change name. If can let go, then last time I was dam stupid to let go my dam shui unit back to OI salesman without trying to earn some pocket money. Huhuhuh.
Only The Clovers can be let go during booking but not Ideal? The Clover offer letter stated can transfer name???
Seems there are some of them to get fast profit. I’ve checked with Ideal before. Any booking unit is not transferable to other name. No point to left the comments here for asking ppl to “get” your unit, just leave it back to Ideal if you are intended to cancel your booking.
http://www.malaysia.gov.my/EN/Relevant%20Topics/Society%20and%20Life/Citizen/LegalMatters/ConsumerRights/Pages/ConsumerRights.aspx
If developer allow to transfer name or you have other unsatified with developer. Eg. snp, you can make complaint to this department. They will take immediate action on the developer, very effective one. The office is at somewhere of Butterworth, i do not have exact location.
Dear neighbour,
Anyone has any idea when to sign S& P?
May i know if anyone has successfully obtained BLR-2.45 or higher? Thanks.
Dear all OI buyers, any1 want to switch their unit to tower c 1180sf? I’m planning to switch to 1050sf prefer Tower C or E.. Contact me at 0164121027..
This blog cool down, OI sales also cool down. Visited Ideal show room just now and still many units left in Tower A & B. So, can’t sell at 435psf la this project.
@Bryan
So what is your plan?
@Bryan
In this case, we need to ask for more rebates hahahahah. maybe like other developer, 5% discount and only pay 5% downpayment
@Bryan
Any units left in C, D or E?
Setia Pinnacle and GV took many customers away? For investment, Pinnacle should be able to fetch higher return with super low downpayment.
I will still hold the unit until Ideal want me to sign SPA. Still 50-50.
Yes. Still got time to see what Ideal respond to the cooling down sales. I think many CDE buyers also watch closely and may drop the booking anytime. Until all the buyers sign the SPA, the sales chart in Ideal office is not a valid sales.
Can count by fingers, but as I said, the chart is not a valid sales figure.
If take away the 1% down payment and the name of SP Setia, I can’t see any advantage of Setia Pinnacle. Just now passed by and saw the 25~30′ road (part of Persiaran Relau) with new building/ construction at both side of the road. So, the road will not be 66′ width, at least a this part. Go to have a tour when you free.
Still can choose the unit from Tower C,D & E instead of A & B?
OI doesn’t suit for you? If you drop OI, will you get other new project at this area?
Look at forum of gv. Apparently they are offering another 4-8%. COME ON OI! Must do something to avoid more dropped out. Some one can just pass message to IDEAL to give discount for all loyal customers so that every one can have their ideal home?
@khc
The problem is, there are many others will still be buying for own stay. Don’t think we need to compare who is cheaper as both have their own value. For investors, the lower the initial cost the better. GSD and SPS know this very well.
I din count but a glance on the chart, total CDE should be less than 5.
If not getting OI, may safe the bullet for landed in my next 5 years plan.
@PG Guy
For ideal, they should know more because they have the most units. They need to work harder to tie down or attract the buyer
just checked my account and found that booking cheque had just been debited
@Bryan
I’m holding 1180sf for actually can be 4 rooms but not so nice of the overall layout.
Oh that’s why you are still 50-50.
Do you mind to let go your unit 1200sf to me
Actually, OI sales consider not bad! Bcos There are total 768units and Tower CDE & A almost sold since they accepted booking at mid of Sep. Tower B sale has just a bit slow down.
I thought we can only return the unit to Ideal? If I can change to your name, means many ppl can sell their booking…..
Anyway, give me your email and I will let you know if I finally decided to drop it. Btw, there are still many 1200sf units at Tower B. Level 8 selling at 542K with 2 car park, badminton court view. 1300sf level 8 selling at 584K, 100% pool view.
I got bank loan approval from Maybank and OCBC…… both BLR-2.4%. Really need to scratch my head whether to go ahead or drop it….
I saw tower A still ~40% available. Tower B ~50~55% available.
The thing is, it is a sign of property market slow down where developer need to offer packages to get buyers. OI free 2 cp, 4 aircon; GV 4% rebate for 1st block and now 8% rebate for 2nd, Pinnacle give 9% rebate with only 1% downpayment……. this never happened in 2 years back, where developer never worry no buyer.
Although this is only affecting mainly investors, but think twice, if OI with 768 units without the investment from the investors, this project will be moving very slow. And you may only sign your SPA 1 or 2 years later, and get your condo maybe 5~6 years later.
This is my another concern that I am not really want to be locked down in such a long period, like those who bought Ideal Regency in 2005, only get the condo in 2010.
But I think their sales will pick up again before the actual pilling. Not many folks want to wait for a project that scheduled to complete by 2017. For those who have booked, no harm to keep if they are not in hurry to move it.
Dear Investors & Buyers,
Hi there.
Any who wishes to get a loan package from Hong Leong Bank, feel free to contact me. I may brief you personally on the package we are providing and package which suites you the best.
As for Hong Leong Bank, it is well known for their mortgage product, therefore there would be no harm in submitting loans.
Feel free to contact me anytime,
Best regards,
Justin
Hong Leong Bank, Penang Burma Road
Mortgage Specialist
H/P: 016-4220919
@Bryan
Haha,sure sure cannot change name,you must return it to IDEAL. Anyway,you can reach me at vin2jan@gmail.com
thks
Or a sign that too many competitors launching their new project at the same area & same time?
I don’t think IDEAL will delay so long for sign SPA. With 100% refund before sign SPA,buyer can change their mind anytime to others
I think want to complaint to ideal their 2nd carpark for Tower CDE was too expensive compare to GV.
@SP
You learn from Orange Villa buyers is it?
@PG Guy
This is a common sense complaint no need to learn from other. Imaging both project location are nearby and unit price also almost about same or GV a bit cheaper then OI but why the carpark price so much difference RM25K VS RM15K? 60% difference not little. So they try use free air-con and 100% DIBS to compensate it. For investor air-con is useless except 100% DIBS.
True. I think they are making a much better profit margin by selling the car park.
Furthermore, Tower A and B of the same project got free 2 car park.
Yes! I assumed that I’m getting the cheapest psf at tower C, but if I included 2nd car park RM25K, I’m actually got a not that cheap unit. Indeed, GV is offering damn cheap for 2nd car park. Even GV last tower is still selling the 2nd car park at RM15K. IDEAL….????
How about compare your total cost vs Tower A & B? Or even GV? Remember also GV design is not corner unit design. Pick their corner unit (Type A) to compare and see?
@Bryan
@Alvin
Yes, all should switch GV lah like that. No need to hesitate. Looking at their past record on SR, you dare to take not? Well, Ideal past record not that clean also. Let see how will be the Fiera Vista progress & quality.
Then Ideal should spell out the actual RM psf for all towers accordingly, and sell car park at the same price. It is common for ppl to accept different price at different tower due to pros and cons, but same car park for different price within a same project, this is the first time I see this.
We cannot just accept whatever not satisfy, just because other developer is worst, right? I think Ideal can do better than this.
@Bryan
It is not difficult to calculate psf yourself. I think you can achieve cheapest psf by cancelling your second carpark.
Can also refer to Ideal regency, CEO, one world, one precint, one residence as guidance. Heard they will launch the huge Ideal Vision Park project next year.
You don’t get me. Ideal should give the RM psf inclusive of 2 car park, (or 2nd cp as option) for all units, but not mix. If still don’t get me, ignore me.
@Bryan
Correct!
TOwer B come with 2 car parks but higher price psf. Other Towers are cheaper but it become higher price psf when adding 2nd car park. Since GV offered good price of 2nd car park,the price psf still not that high like OI.
I’m not meant to complaint but share the fact.
@Bryan
I know what exactly you want. You are not happy the fact that Tower A & B buyers do not need to pay the premium up to your expectation right? I just don’t feel it is reasonable after the fact. Not sure why you book your unit even at 80% DIBS and no free aircon during the preview.
I suggest all of you channel your complaint in group to the developer Ideal directly
Of course not happy. If different project, nothing to say. Within the same project, different treatment, sure not a nice feeling. If my budget is high enough, sure I will switch to Tower B.
This is a nature feeling for a normal man. If you are a noble man, then we are in different channel.
Maybe every one should go and complain to ideal. If many of us withdraw, it would not be good to them n to some people who are serious buyer. In short ideal should give more discount, maybe 5 to 8% and we sign snp, then everyone happy.
Ideal! We want free 2nd car park!
What’s next move of IDEAL?
If I am the boss of IDEAL, I don’t care about you guys fuss…like you guys always said, Penang property price always go up.. I just hold on the project longer to wait for price up further. You guys wait long long to beg for more goodies. Right?? hee hee hee……
For your information, I have gone the office to ask, the air-con brand mostly will be York, but then not sure is that York Cooling King.
For your information, the sales person told me that for those that booked the unit previously with 80% DIBS and no free air-con can now enjoy 100% DIBS and 4 free air-con. But then I am not sure is that automatically or you have go to the sales office to request for it. If gt time, pls drop by sales office to double check.
@Jeanne
if you are one of the buyer and paid deposit on the unit. You should get a sms from IDEAL. And it stated they will issue a letter for this changes. Other than sms, the sales person that follow up your unit also called up for this changes too.
You didn’t get any sms or call from IDEAL, don’t you?
Hehe..I am not one of the buyer. I just get the info from the sales person when I went to view the showroom. If that is the case, no point for Bryan to feel unsatisfied.
@Jeanne
He had his own reason to unsatisfied. And this is up to personal perspective. Anyhow, all buyer should highlight this to IDEAL. More discount is more good and benefits to buyer.
agree wit many people here that we should all channel our honest and righteous opinions direct to Ideal. at least Ideal know we are making fuss and act smartly on the competition. May the best man win
@dwnoman
Just take it or leave it, else go over to buy GV. Penang properties price always go up. Not scare no buyer. Right? hee hee hee..
There is only 1 time that we are treated like King, which is from the time we make the payment until the time we sign the SPA. If this is not the time your voice out, when? Sure I will make noise, and the sales manager in-charge on my case also get the same or event tougher questions.
By the way, there is a property fair is PISA now, and see what other developer can offer. There are lesser and lesser buyers in the market and you need to make use of your positioning for maximum benefits.
You are right. We are the buyer and we have the right to fight for better benefit. But the sales person really a big “dog eye”. If you have booked or have signed S&P, they will just ignore u.
How much more your want the Tower A and Tower B buyers to pay? Cannot be as high as possible la. After all the bird only two weeks early.
Hong Leong & OCBC have approved my loan application with BLR -2.4. In doubt, Those apply the housing loan in group can get even higher rate?
Banker told me that I’m still able to get the loan as high as 550K with single name.
Question is whether to chg for Tower B with higher $psf but will loss the early bird cheaper $psf in Tower C. Is not that worth,right?
@Alvin
The beauty of tower b is shorter distance to the main entrance ? Other than that ?
@TS
Both block B and D have lower density, only 7 unit per floor instead of 8 units.
@TS
@Pen
Yes!Have to pay more to get Tower B just bcos of it’s near to entrance & a bit low density as 7 units/floor. Those owners who bought Tower C,D & E will have to travel quite a far distance to entrance. But actually, how far of the distance, even Ideal staff also cannot give us a exact answer. And how about visitors? Whether they are allowed to drive towards Tower C,D & E or they have to park at entrance & walk through? (sorry,I’ve never experienced to stay at the environment like that.)
Block C has the worst view of all blocks. Face north, no pool view, face south no sea view (potential blocked by TGT 2). That’s why it’s the cheapest of all.
@Alvin
One of the ideal staff told me that each block will have indivitual visitors car park.
I just want Tower C to pay less. Cheer…
My opinion is, if Tower B is your preferred type, and you are planning to stay for at least 10 years, you should go for more ideal unit which is still within your reach. Otherwise, you may think of moving house again after stay in OI for 5 years.
The distance to guard house is significant as This land is huge. However, I believe after move in, the residences will request the committee to open a small gate near CDE.
You are right. But on other thought, tower C facing north will have a clear and permanent view on the Bkt Jambul. I like a view with can look at the far side. Pool view is less privacy to me and other outer view units, may not have a permanent view because no sure if there will be other construction in front of them.
By the way, who know the actual location of Imperial Two?
Can anyone gv some comment? Unit C-3A-3A better or C-5-1 better? Both are 1200sqf…
@Bryan
OI 2 will be at north of OI 1, but it shall not block the view of facing north units of block C. In term of far view, I still think block E south facing units are having a better views, they shall see the airport, sea & 2nd bridge from far. If the level is above 12-13rd floor.
@Pg
C-xx-01 are just directly above the futsal and basketball courts, noisy. And u will have to pay $10k premium as you face the facilities (the truth is you don’t get to see the swimming pool except thru your small master room window, that’s it). C-3A-3A = C-04-04, do u like the number?
Right! But E facing south only units < 1200sf. And if the proposed market is true, it is at the south of E too. Beside the market still got land for unknown project(s), which might block the view for south E.
Went to the Ideal office lst week and the lower units 1 &8 of block A are facing the garbage dump directly.Though the higher units may not have the problem.
Where to find OI 2? Did you guys means there’s another new project from Ideal name OI 2 and construct right beside OI 1? need advice.
@Bryan
Thanks Bryan for your opinions.
I don’t think to have 3rd times of house moving within 10years. It’s not an easy job,right? And I intend to stay further longer if I happy with OI.
As you mentioned earlier, Tower B facing north still left many units, like level 8,1200sf RM542K, it’s already more than RM450psf,right?But, I still enjoy the cheapest about RM50 psf if I kept going for my current unit.
Yes,I’m too never choose the unit that facing pool or recreational park.
Anyway, I will take couple of time to think about switching the unit, tower or remain the same unit.
You can drop by yourself to recent work in progress the proposed road at Jalan Paya Terubong TGT area.The OI Tower C exact location should be there. It’s not fully blocked by TGT but have the clear view towards the proposed kedai/pejabat 5 tingkat and the opposite terrace house. (This is for those who choose the Tower C&D that facing south)
@samteec
So you booked Tower A?
Seems Ideal strict to their existing package & price but come out with better OI spec.
Is it true? We just wait & see.
Tower E south facing view will be partially blocked by Idaman Iris at the right while Tower C south facing view will be partially blocked by TGT at the left. Both actually have the same view that maybe can see the sea,airport and….?
And there’s only small piece of land at Tower C which served by clinic desa, I don’t think it can be used for high floor building.
This is just my view towards those Tower C,D & E south facing units. Just ignore if you feel that’s not true!
@Alvin
If u look at the map, block E direct south facing won’t be blocked by Idaman Iris, it’s is at the south west. Idaman Iris highest is 19th floor if you buy either 20 or 21st, then you have 180deg view.
TGT 2 is coming, will be at the clinic that you mentioned. It will be > 22 floors. It will block partly for block D, almost 100% view of block C if the units are facing south.
@Pen
Hi, Thanks for your info!
But,
TGT 2? Is it true? That small piece of land that in front of the clinic desa can be a condo >22 flrs? (I can’t imagine indeed). Yes, If it’s true, Tower C facing south view will be fully blocked.
How about another empty land that Bryan mentioned which located in front of the proposed market?
Hi there
Wish to check what u heard of the rubbish dump thing…where it is located? I mean 100 m from house or further? Isthe rubbish dump for all blocks located near a1 n a8? Pls share. Thanks in advance.
Hope developers can make something green within this piece of land. If every piece of land will be a high rise, it is too concrete.
I have reserved unit C-3-3A (RM456k) but may let go or exchange for another unit.
If you have any unit for exchange or if you are interested in my unit, please email to
aliciatoe@gmail.com
Hi, I have a unit in One Imperial, Block E-12B-8 1180 sq’ft (RM480k). Negotiable. Please email to ruyentn88@hotmail.com if interested. For serious buyer only. Thanks.
The sales officer advised me NOT to buy those units as, somehow those reside at the lower floors may get to the exposure ,if not the dump sight,atleast would probably affected by its smell.Well,then why those units have still been booked/sold?The reply given was that those units were booked /sold through some other sales persons!You can see clearly the green-colored area near the extreme/ corner facing the units 1 &8 of Block A.(Oute rcorner units) .
@Alvin
Unconfirmed source said the land between OI and Idaman Iris are some commercial lots that will link all the way to the wet market, should not be high buildings. But, I really think MPPP can’t continue to approve high rise within high rise. Keep our fingers crossed.
seem like alot ppl let go their reserve unit, is there any special reason to do that?
hi all. may i know ur bank loan, did it include the additional car park? thanks
Yes loan can included the 2nd carpark.
Lazy to survey on each bank. Can all of us share the loan package offered?
The loan package I get from OXXC:
— BLR-2.4%
— Withdrawal facility, minimum 5K each time, with RM10 charges.
— Loan until 70 years old
— 3 years or no lock in period (I think depend on your financial status)
— MRTA optional
— Renovation loan can be attached to the package (~20% of total loan amount)
Can be refinance in future to get additional loan if your property appreciate a lot*
* This is very interesting. If you buy OI now with 500K, loan 450K, 5 years later let’s say OI appreciated to 700K, you can get additional 180K loan (90%X700K=630K, then 630K-450K=180K) without any charges. If in future, the interest drop to BLR-3%, then you can apply the 180K loan to settle the 450K loan, which is BLR-2.4%. May be I am outdated but this is the first time I heard this, and I feel it is very interesting.
@Bryan
Yes, Bryan, this is very interesting,I’ve never heard before!
And how’s this meant?
“– Renovation loan can be attached to the package (~20% of total loan amount)”
For Hong Leong Bank,
>BLR -2.4
>loan max 30years only
>3 years lock in peroid
>MRTA optional
>2nd car park price can be included
>Allowed to dump in with let’s say 50% of your loan & revise your monthly loan payment to as low as 50% too. (balance of loan amount must be at least RM100K).
Meanwhile, anyone get BLR more than 2.45?
thank you to those who have shared about bank loan.
pls specify when lockin period starts.
ocbc is 3 years from First disbursement.
mbb told me theirs is 3 years from Last disbursement.
For Tower B facing north unit 1180sf, level 6 as example, RM518K, wah… about RM439psf.
And I don’t like to get those 1200sf that facing pool.
If I switch to Tower B, certainly my current unit will be gone in sec.
In my opinion, that’s not worth to switch from Tower C to Tower B unless you are really dissatisfied with your unit.
Do you think should we buy MRTA? How long should we buy? Is the MRTA interest bear by developer during the construction period? or buyer need to pay?
@medan
Then, you can ask MBB go to fly Kite loh. Trust me after you complain they will match policy of other banks.
@Alvin
Price is 1 factor, nice location, nice no, nice facing, nice layout are other factors. Everyone has a choice. Different people have different affordability level.
@Pen
I’m saying for my case la, compare apple an apple, 1180sf Tower B & C la. The layout indeed not so nice but the study area can easily be room no.4 and looks not so complicated if you separate the study area and it’s good to locate your PC too.
Nice number? Tower B 1180sf is no.3A =04, Tower C 1180sf is no.05.
Both towers have their pros & cons for different units.
I just believe, more expensive doesn’t mean you get more better units!
For my example, 450K housing loan come with ~90K renovation loan, BLR + 0%, 10 years term. You can sign the offer letter for the renovation loan now. If you don’t use it. It will be cancelled automatically after 1 year from VP. If you want to use it, ~60K+ required the quotation from an established contractor (> 1 yr). 20K+ for other use and no document required.