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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@Bryan
Your story is possible, but then those engineers will become slave, house-slave like illustrated in the example. Of course there are some of them may get some unexpected fortune (durian runtuh!) along the way which make this real, but those are the minority.
So fast page number 8 now… Any one sign the s and p? Developer not rushing me to sign
honestly speaking, no one ever know the future …
it depends on luck.
in HK,Seoul,Taipei,Tokyo & every single China city
– whom was a loan’s slave few years ago – nowadays will be damn rich fellow
in Europe & US
– whom was a loan’s slave few years ago – nowadays will be even damn worst than a bangla slave
well, you say whom is right ? …whom is wrong ? ….
moral of the story … ” yao chou chee zhao mou hak yee ” ( if everyone know the prediction, then there will be no begger )
Anyone know when should we sign the S n P? No update from developer on this?
@james
Agreed & liked. I think it will depends on the future economy of Malaysia (and Penang in particular). If the household income catching up then the market will be prosper. Let’s make the bet now. and very soon in 3 – 4 months time, we shall decide for the future of the nation.
Maybe you are right. Those are minority.
1 of my friend together with his wife (both engineer), clear his 200K house loan in 2006, bought D’Piazza (200K+) in 2007 and i-Regency (300K+) in 2008. In 2010, moved into i-Rengency, and sell the existing 200K house, managed to clear i-Rengency loan. 2012 (2~3 months ago), they sold D-Piazza at ~400K, and the cash enough to pay 30% for a new ~1M landed. If they rent out i-Regency, probably will get 1.5~2K rental per month. Installment for the landed is ~3K. So, not so tough. Probably got extra money to pay to the principle. But if they just sell off i-Regency, they can settled the landed loan as well. they are still engineer now.
I also have similar experience, but not prefer to tell here. Just that, I also bought a 900K+ landed and able to clear the loan if I sell off the existing condo. I am engineer too.
Maybe 2 of us also minority…… :p
This poor guy, still not been promoted to manager after so many years of working..career path must be already stagnant.
Somehow, I agree with you.
I got ambank offer BLR-2.45. The rest Maybank,Affin, and OCBC BLR-2.4. I did a quick calculation, the different is 5~6k interest depend on how many year ur loan tenure.
Hope in 3 years time the price can reach 750k (625psf). Now Idaman Iris already selling at 453 psf.
Is the engineer in Penang really can earn so much, and promotion happended every 3 years? Emm..look like I need to talk to my boss for adjustment. Will ask him to refer to this web for details.
@david
You hv to refer to James statistic so that u are not behind the trend :).
Who is James? HR Senior VP for “Penang Industry”, he will determine the salary range and benchmark across all factory? I just run simple survey from jobstreet and it’s doesn’t match the statement.
If this the case, why >70% penangites household income below 40K/year. This is not my figure but is from government report.
No la…. don’t listen to me. Those are just minority. And those are engineers working many years still cannot be promoted to manager. You want to be manager, better don’t try. :p
Be careful if you want to ask your boss. Later he may think you are so free and have time to check properties blogs during working hours, and include you in the next retrenchment name list, so after that you can test the job market by yourselves..hee hee hee
or may be you can ask Bryan to refer you to his company then.. hee hee hee
Cannot. My company manager get higher chance to be retrenched. Those manager and potential manager after working many years better don’t come.
Be hawker earn more than Manager…….:). More Tax relief :).
The proposed school next to OI has changed? Any news about it?
Tower e 1180sf for sale.. 39x Psf.. 0164121027
Last call for my Tower C 1200sf, level 19. I will drop my booking soon.
mplcycmy@gmail.com
@Bryan
Finally u decided to drop your unit? any Reason can share?
@MK
Because I am landing……
@Bryan Can we still fully refund the deposit if drop the unit now?
I tot we always can get 100% refund as long as not yet sign the SPA? You heard anything different?
Overall sales left about 50 units/768 units as for today.
@Alvin
50/768 unit is based on sign SnP or ??????
Yes, Is fully refund if havent sign SnP.
@Iambroke
refer to the sales board.
most of OI buyer haven’t signed SNP yet.
FYI，s&p is to be signed,probably after this coming CNY2013.
But I haven decide take which bank… No idea…
i havent decide which bank loan to take yet, not sure which bank offer better rate and package. Is there any news about when to sign SNP?
Any comment on those banker agent from prai? Will we have problem if we future may need to pass fire insurance to them..? As we are island..
I forget to update you this. I double check with the Axbank guy regarding the extra payment. Finally the guy admitted that you have to go to the counter to do it, or after you pay it electronically, call him and he will help to channel your extra payment to reduce principle. Really surprise that Axbank package is still at this level.
With this, I believe the guy willing to help to collect the fire insurance from you yearly, as long as he is still with the bank.
How come all the banker approach me are from prai?
@Bryan
I heard public bank also practice the same but with some diff. Need to pay from cash deposit machine then only can reduce principle, internet banking no..
Can anyone advise if I had signed the letter of offer but not SPA still allow to cancel my booking?
Then you may again consider OXBX from Pg Island? Sorry ar, not hard selling, but I really think their package is the best. If you want, I can get the contact for you. Just worry her quote full nia.
If offer letter from bank, cancel with some charges lo. Offer letter from developer (got meh?) nvm.
@Bryan
Any idea how much the charges from bank?
@SP
Depend on bank. Should stated in the offer letter.
Of OXBX, no charges. I cancel the loan already after sign the offer letter.
@Bryan
Thank. I am surprised you cancel One Imperial see you pretty support Ideal project.
@SP
I buy their project not necessary support them. I cancel not necessary not support them.
I buy property by looking at the property spec, location and others, then only developer.
@Bryan
icic, it’s seem to be their spec or other not fit your expectation cause you cancelled it. But what you said is here is true.
@SP
The 1200sf layout is the best I ever seen for condo within my budget. Just that, decided not to invest in condo anymore.
@Bryan
Agreed. I do like the design as well. However, is not a good property to flip once completed as not only have to compete with existing 700 over units in OI but also the surrounding area of supply. Namely…GV,Pinnacle,TGV,OI2,Tunas Muda, and much more to come. I am not saying it’s not possible to sell but due to demand and supply the price will not be as good as expected. Even thou those areas condos have their pros and cons, looking for the right buyer is difficult.
Most peoples tend to follow on invest as they see high return of investment. But how many know most subsale listed property are overpriced and bank won’t be able to loan that much of amount.
@TYT
hai yah, why worry so much.. The “Investor Club” projected still RM100-RM150K upside appreciation for Setia Pinnacle. This one launch price already much cheaper than Pinnacle, sup sup sui lah to earn 50k to 100k when OC…The club claimed already 10 years with handsome return, so listen to the “expert” lor… hee hee hee…
@Bryan
Thanks. Could you provide me OCBC contact? Thanks ya
What you all think about Maybank housing laon?
Leave your contact here.
mplcycmy@gmail.com
I have received sms from ideal agent saying that SNP to be sign soon. Anyone of u ha’ve similar news?
Not yet. Hopefully can push till after CNY.
According to the sale person, the SnP can sign any time provided you have signed the bank offer letter.
When is the stamping for S&P?
Signing the SPA is not meaningful at this moment. Developer will not proceed for stamping until they get sufficient confirmed sales (those loan have been approved and sign the bank offer letter, the banker will update the developer), and when they are ready to start the construction of the project. So, why lock yourself down now and pay the balance 10%?
Suggest to wait until developer ask you to sign.
anyone cancel unit before? heard there is 3% penalty if cancel unit. anyone know if true and can get back deposit?
@peter
I cancelled last week. They din mentioned got penalty, just mentioned will get the refund within 1 month.
@Bryan
Hi, can PM me the unit info that u can cancelled? Penangx@gmail.com. Thanks
Anyone of you go through OI spec? Is it included data point?
just signed snp. saw the spec sheet but couldnt remember all. i can confirm the living n kitchen is a 2×2 tiles while bedrooms are 1.5×1.5
also i notice in one of the clause the MRTA premium will bear by ideal, up to max of RM5000.
i not too sure how this works…advise?
@key3hky
You are the first 1 who signed? My agent never rush or call me to signed..
@key3hky
No incentive to sign now, right? I don’t think they will stamp your SPA now till more owners sign. Your 10% down payment will not bring you any advantage for now, but, just let them earn more interest only.
May i know 1050 sqft still available? im very interesting looking for it =) Thanks
Genuine buyer looking for 1050 sqft kindly email to : aliciatoe@gmail.com
Ms Toe, still hunting for the extreme bargain? Time is running out.
anyone know the fine details with Maybank, like compulsory MLTA/MRTA? how many years of binding? etc
If MBB is imposing the compulsory MRTA, just switch to HLB or OCBC…. Most of them will lock you down for 3 years after 1st withdrawal. But this doesn’t concern me…. As iDeal is so famous to delay the project. The lock in will expire before the condo can complete…..
@Bryan
Just sent you the mail to request ocbc contact number. thanks~!
Reply to you d…..
Just received a notice from developer to sign S&P before Feb 28 and get RM5K off from 10% payment as ang pow…not bad!
For all Towers?
This is really a token of appreciation to OI supporter, or an indication that OI received many cancellation?
@Hoon
How come i din received?
Hi Bryan,
Since you are veteran for property hunter for so many years, any property to recommend me for own stay? I aim for location near industry zone bayan lepas, budget around <600K. Any recommendation?
@Hoon
Is it they call or sms to notified you?
They sent me a letter…just wait and see. If not, call the office to ask…
Token of appreciate…New Year angpow…:)
You going to drop OI as well? 600K, OI should be good for 1200sf.
Currently I only familiar with OI, GV and Pinnacle. If you means for subsales, location wise, Gold coast, Summer Place should be nice (but I never go in the check the details). Water front condo may have better appreciation, especially after the Penang World City by Ivory started. Or you may try Ivory World City, they are open for their VIP booking, I think now or during CNY.
If you can accept Sg Ara area, go for Reflection by SP Setia. I think just OC.
If want cheap and big, 1-World lo.
I only judge by location. I am not property hunter, most of my property were bought for own stay initially.
Really?
No notice from Ideal yet.
@Bryan
It’s an obvious case of receiving many cancellations , so got to lock down the purchasers
@Alvin
It’s true. I also received the same letter as Hoon
Ivory expecting stiff competition especially from PWC , thus need to lock down the the current purchasers. For me I will only maintain it if Ivory give me discount/ rebate on car park , otherwise I will cancel the booking & not proceeding with S&P
@Steven
You mean Ideal rite.
Yup received the letter on the downpayment rm5k discount. Guess last of the freebies before SnP.
PWC’s starting price is rm550/sqft, abt 30% more than OI. The location is the plus point tho on reclaimed land. Any comment? Which one to go for?
Yes , I received the letter from Modular PLatinum (Ideal) I would go for PWC , how can aprojects like OI , gardens ville in inner part of relau / sungai ara compete with Waterfront project although part of it will be on reclaimed land ?
Cancel OI & go for PWC? How many OI buyers will do that?
For those who are still keep going with OI, the rebate of RM5K is another bonus.
I’ve never experienced to purchase a new property from developer with various freebies.
While starting I booked OI, that’s only DIBS 80%, no free aircond, and of course never expected that recent RM5K rebate while sign S&P.
OI sales no good? too many cancellation?
Anyone already sign the SnP?
I am surprise if got people cancel OI then go for PWC. These 2 projects totally 2 different price spec, drop OI go for PWC, for same ~1200 size, at least need to pay another 200k lar. Unless, people drop OI 1200 size then go for PWC bird cage size suite.
PWC 1300 sf close to $1M onwards, how much OI 1200 ft again?
@ezalor
Those buy for own stay, will prefer OI because bigger and cheaper. Those investor will prefer PWC because better ROI. The question is, how OI success if less take up rate by investors? However, following up on the thread of PWC, not much ppl able to get a unit there. The worry should be minimal.
Hi Bros & Sis, need some advice. looking for my 1st property. yesterday i went to the IDEAL office, apparently still have some units available here and there among block A, B, C & D.
1200 sqft unit selling at RM535k with 2 car parks at block B unit 6 facing swimming pool quite good (no E or W sun).
Can let me know initially with discount that u guys get how much it cost last time during the soft launch?
thanks.
@Barisucks
The soft launch time sell at abt 390psf plus 2nd carparks will abt 410psf but this is the lowest floor. More highest floor u choose more money u hav to pay except the top floor. Of course poolview unit is expensive than those without view unit.
Does it come with free gifts, such as DIBS, 4air cons, n rm5000 rebate if signed S n P before some date?@Barisucks
Sounds like a good deal.
I’m currently booking on Block D, should I go for block B or block A? Feel both A & B is better, but price of course higher…
@onered86
If I were you, I will go for B. I think just top up a bit nia… (if still within your budget)
@Bryan
Bryan, i knew you are master in property. Jus would like to seek yr opinion. Do you think OI easy to sell as subsale after oc obtained? Btw, i am not looking at high margin but maybe abt 10-15% will do. Thank in advance.
Hi,
I got one unit to let go, middle floor, pool view, 1200sqf and 2 car park, 400psf.
Interested, please contact me, 0164381116
Seems like alot people cancel OI. Must be spoilt by choices.
Please don’t say that. There are many property guru in this forum. I just got a bit experience because keep changing my home.
The strength of OI is the good layout and facilities. The problem is the huge number of units, 768. There will be competition within OI itself after OC, not to mention other projects nearby. The direct competition is from Golden Triangle which will be completed before OI and with overall ~150K cheaper in price during launch. But if you are looking for 10% profit, it could be achievable, and easier with smaller unit.
Total 768 units also has higher risk of project delay as I think the developer may struggling to keep the booking number right now. If this is true, they will need more time to fulfill the minimal sales to kick start the construction.
This is just for reference as I also don’t have the perfect answer for myself as well. If I did not decide to go straight to landed property, I may keep OI for investment purpose.
Anyone take up MBB Islamic loan? Can share the pro n cons ?
Is there any upcoming project nearby? except garden ville…
I decided to sign S&P after CNY. Haha,to get RM5K “ang pao”.
After deduction from the RM5K ang pao, my unit will be RM380psf nett.
No change my mind even there are various hot projects recently.
@Alvin
After rebate only RM380 per sqft? With 1 or 2 car parks?
Anyone wana let go his/her unit?
I am a serious buyer looking for a 1300sqf unit within 7th to 10th floor.
Anyone who is interested to let go of the unit please let me know asap.
I am keen in having my 1st home.
Kindly email me on xiuyuan83@gmail.com.
Please let me know preferably within these 2 days. Thank you so much in advance XD
Please let me know if anyone wana let go his/her unit within level7 to level10.
Doesnt matter its block B or D.
Kindly email me at xiuyuan83@gmail.com
Ideal says OI 2 will launch soon with 450psft, same design and layout of OI. How Ideal going to encourage new buyers for its OI 2 since now having problem to keep OI sales? Expect slow take up then.
@PG Guy
Some people said Ideal Vision Park will launch coming March. Hoho. Is ideal crazy liao? People do one project by one project, Ideal is sekaligus
@Ezalor
Year of Snake is good for property launches I think.
OI 2 is in ideal vision park?
OI 2 and Ideal Vision Park are different. Ideal will launched Ideal Visison Park 1st.
Yesterday checked the booking chart, still mostly fully booked.
Now many developers do the same thing. I guess want to launch as much as possible to avoid the new rule in 2015, where developer only can sell after OC.
@Bryan
Thank you so much your sharing of your experiences and opinion. Your point is very much benefit for me as reference.
A bit off topic – I like the word “book”. This reminds me about 1+ years ago, I wanted to buy TR but was told fully “sold”. Then, to my surprise, there were still a few units available a few months ago. I guess the definition of “sold” is actually “book”, even though the chart or sale person might have told you something else. Too bad I didn’t realize.
Of course before the SPA signing, all are only booking. Ideal do not impose penalty on booking cancellation, the advantage is able to show the hot sales to other buyers and place the booking. The disadvantage is the buyer may withdraw anytime.
I think the 5K rebate to sign the SPA by Feb is a good approach to lock down the buyer. After all the rebate, my friend still get the tower A with ~410 psf, with 2 cp and free 4 aircons. Not a bad deal at all.
So, to buy property from Ideal, you need to keep a repo with the sales and get in touch from time to time. But for TR 2 months earlier, it was the bumi release lots open for sales (book).
@Bryan
How come so cheap? 410 ? I was told level 16 block A = Rm554K
410*1200sqf = 492K only. Then each floor 1.5, 10th floor = 15K extra only. Far less than 554K. Am I con?
Hi Bryan,
How do you calculate the price psf? Do we need to include the 2nd car park price?
@onered86
@newer
Let me check with my friend if his is giving the right price to me.
Perhaps with 10xxsqft unit and 2cp from Tower A?
Ideal never call to sign S & P. I just received a letter and SMS saying that got RM5000 angpow rebate bra bra bra… then asked me to settle the 10% before 28 of February…
i called to ideal to make appointment to sign but the person in-charge says that she need to check for arrangement then call back to me… but i wait for almost 1 week she has no reply. then i called them again and ask them to give me the time on sport. what the…. make arrangement also need 1 week meh~
those who already purchased and if you still not getting any update, i think you better call to ideal.
I don’t think the SNP will be so fast to sign yet. Pinnacle and GV already signed and possibly stamped. Worried it will be delayed and complete more than 5 yrs. With the day when we make booking it might more years until OC.
I’m not sure how to calculate psf too, should include price of 2nd cp? Most of new project come with 1cp,there we calculate the psf,am I correct?
If add in 2nd cp price, my unit will be RM401psf in Tower C instead of RM380psf.
@ppl_frend
I think you should wait until they start pilling then sign the s&p. No need to hurry to hand over you money.
But signing on the time they start pilling will not be entitled to the 5K cash rebate.. So i think this is the trick Ideal used to lock down their customer. Not sure whether to sign it before 28Feb is a good idea.. Any piece of advice?? ><
My thinking is, if majority of the buyer ignore the 5K ang pow, the project will delay until sufficient ppl sign up.
The 10% only cost RM125 per month. If real buyer, better sign up to get the 5K. But not sure later on will extend the deadline and offer 10K rebate or not….
I signed S&P on the 5.2.2013 with 5k cash rebate and payment made was a post-dated cheque!.Second car park 10k rebate will be given in the second payment of 10% of the purchased price,which is likely to take place after another atleast 6-7 months.(I had applied for 70% loan).If one is buying this for own stay,there is no reason not to grab this ang pow!Another reason being to avoid the rush in signing the agreement.Imagine 700 plus units owners rushing to the Ideal Office to sign the agreement before the deadline on the Feb 28th.
let’s wait n see how much units drop after this ang pow promotion.
I purchase with my hubby for own stay. The sales person told us if gt any customer paying by cash will have further 2% rebate.. Wondering isit a good idea to get this 5K + 2% rebate..
But doing this will limit up one’s cash flow. Any opinion?
Actually if you don’t have other investment, OI can be considered as the price is really relatively cheap, no shop lot at the ground, excellent facilities and layout, all the freebies and 100% DBIS.
Hopefully Ideal can give me some award by promoting their OI….. 😀
Cash? Without loan? 2% is ~10K+, not worth. Take flexi home loan, claim the DBIS, after OC, put your cash into your flexi home loan to make it 0 interest, and you still able to withdraw your cash from flexi home loan account anytime. Event semi-flexi loan is OK.
What are the rebates again? There seems to be a few according to posters above. Can someone please confirm, besides the RM5k rebate if sign SnP before Feb 28:
– RM10k off second carpark – how is this going to be paid? Is it only for those who take less than 90% loan?
– 2% rebate off purchase price if pay 100% in cash at SnP signing?
@Tongkol
Please visit Ideal office and ask the sales staff. No one here can confirm for you.
@dwnoman
They are closed already – half day. Open on Feb 13.
So if anyone knows between now and then, please share. i will confirm later. Thanks.
@xiu
Any idea the 2% is applicable if pay by cash on the 10% or the total house purchase price?
All. I visited Ideal office yesterday. All the while, I was told that we are allow to change unit. But the sales girl was treated us unprofessionally stating starting this week, you can’t change any unit, because they already increase the new price and we will lost our earlier price if we change unit. What make me surprise is that the new price is much cheaper then what i earlier book in Dec 2012!! This is really ridiculous!. Their reaction is that they totally got no idea and explanation on this after I highlighted this concern. After while, they went for internal discussion and bring in another so-called new price list. And yes, make sense this round, 20K extra on my unit for the “new price” .
I’m really disappointed on how they handle this, it seems like the price can be up and down in few minutes time let alone the girl attended me showing her unfriendly expression.
@Tongkol
Did you booked any IO unit? If does, you can ask your sales staff, they can give you the answer.
I can only answer your #1 which is you’ll pay less on your 10% down-payment if you loan 90%.
Hi Bryan. Your Q&A with the players here is very informative for me. Which landed property are you ooking for?
The cheapest one. Can’t afford to choose.
Is very fishy Ideal to launch so many project at once. The progress on FV are not progressing well, launching of OI, and coming soon OI2, and Ideal Vision Park. Don’t you guys have any concern at all? For me they should have waited OI2 until certain stage of completion and then launch OI2. They could have wait for the land to appreciate more. Unless they are taking fast way to make money and don’t concern on others things for example quality. Is not like IJM, Mah Sing, Setia which they build phase by phase and therefore showing each of phase quality before start launch new phases. Ideal kind of “All Out” at once. Don’t they really have doubts on their resources?
@Ideal
Mind to share your thought as you are prime supporter for Ideal property?
@Bryan
Mind to share your thought as you are prime supporter for Ideal property?
@Ideal
OI, OI2, FV, IVP etc. All of these lands are owned by Tunas Mudah. Land appreciation doesn’t bring profit to ideal. May be TM is the one need the money now.
Many second tier developer are doing the same thing. Event SPS – Reflection, SPI, Setia Green, Pinnacle, Sky 8, Setia Tri-angle.
I shared my thinking before. There are signs of market slow down, plus the gov new rules to enforce built and sell after 2015 (not sure if this already confirmed), now is the best time to launch as much projects as possible by bring forward the plan after 2015.
@Ideal
Mahsing struggling to sell their 4 storey bungalows at southbay and villa at BF, IJM no more project in island, SPS too many projects going on and many more to come all over the place. Be abit more specific when praising branded developers.
@Ideal i think the theory is simple. The land price psf in lsland is shooting up like rocket. If want launch phase by phase, how much psf want to sell in phase 2 and so on? Do u think TM is stupid allow to let developer keep the land for long long time without doing any development? There are some deal has been made between developer n TM without outsiders ppl know. Sg Ara n Relau majority are residence area. Those projects come with phase 1, 2 n bla bla… i think is more suitable for foreign investor which located seaside.
I am not praising anyone nor have any units with those dev just ideal do not live up to their value for now. Until OI is completed.
@samteec
I hope it will be 10K rebates for all blocks for additional car park and not restricted to Black A
@Ideal
You cant judge them with regency, ceo, 1-residence, 1-precint, 1-world, i-avenue, kristal point?
the cheapest one will be in mainland. Are you moving to mainland?@Bryan
Hi Bryan. Why u chosed C before?
@yapp
Cheapest new G&G on island, at the moment.
The cheapest new G&G on island will be 1.25Mil! Have u find it? Where?
Market is not going to slow down cause majority of the buyer are “investor”. take note not only refer to foreigners.This including all engineer and penang Lang which every husband and wife also purchase because afraid that in future they no longer afford anymore. (Either for their children or they themselves). These ppl usually have the holding power , as a result , regardless economy crisis or tsunami, they will not panic to sell.
Furthermore our country economy crisis only will last 1-2 years only.
The current action taken by bank/gov is basically useless or not effective to investor.
The only way is to increase deposit requirements example 10% for 1st purchase, 30% for 2nd purchase and 50% for subsequent purchase however government will not implement because property actually help generating economy flows.
Welcome to Malaysia.
In general, ppl like pool view, so B is the best as not too near and not too far from the main entrance. I choose C because I don’t like pool view and my previous unit at C will have a permanent unblock view along Jln Paya Terubong. And of course, earlier thought A & B will be more expensive than now.
Agreed!! Buy now or else next time cannot afford…..
No need that much la….. you will find me actively comment on that forum. I saw you were there.
Hello Bryan,
Happy Chinese New Year. I think you are very knowledgeable and have quite some experiences in property investment. I’ve learned quite a lot by reading your comments. Maybe you could share with the forumers here which cheapest G&G you are investing in…wink wink…
I know one Bryan on one of this G&G forum on island, but I’m not quite sure if you are the same Bryan.
@Bryan
Agree with you. Pool view is not that important if your unit is at 7th floor and above. At this level what you will see everyday is your opposite condo. Below this level become less privacy. Block C is better unobstructed outside view.
Bryan, u shd give some privacy to what u have bought, not blowing the trumpet of wat u own now. Sharing the past is good but leave privacy to current u own, agree?
@kotun
Same Bryan la…. there are other Bryan around but can be differentiated. When men get older, will prefer telling story. But when you learn the story here, disgust before adopt. Actually, I never invest in property intentionally.
Gong Xi Gong Xi!
@Mankind
Thanks for caring. I think it is OK! “Bryan” is not my name and never appear is real world.
@yapp
Finally got someone agree with my view… haha!
OK la Mankind, small matter,its good indeed sharing the experience,knowledge….not sharing the house……cheers… he he
A bit out of topic, diversification. For property investor here, are you considering other areas outside Penang…? I’m considering Selangor/KL (Johor Iskandar is hotter but I’m not familiar with it and too far). One place in Selangor that is worth to take a look at is Kajang/Semenyih/Bangi. While it is not that prime now (as in Damansara and all), the upside potential is high,
1. A lot of reputable developers coming to this area,
a. Ecoville SPS Semenyih : Semenyih.
b. Southville City Mah Sing : Bangi.
c. Naza TTDI : Kajang.
2. MRT is coming to Kajang.
Let me know what you think…
You should go for Damansara,PJ,Ara Damansara,Shah Alam. Really hot now is Setia Alam by SPSetia
@yapp
Landed, Setia Alam by SP Setia, Simedarby in Bukit Jelutong Shah Alam,Denai Alam.
Condo, Verde Ara Damansara,KL Eco City in Bangsar by SP Setia. Rimbayu by IJM.
Semenyih,Bangi,Kajang mainly Malay area usually very slow appreciation.
Sorry to all readers, out of topic!
I read somewhere there is a 10K rebate on 2nd car park??? anyone can share more details as i never heard of this before…bro samteec??
@key3hky
Only for tower A before Tower B opened for booking.
Now Tower A get 2 free car park.
The rebate of $5k will be extended to 15 Mar if we sign the SNP before the date?
@thomas
That’s why ideal advertisement said. Should be true.
just came back from the OneImperial expo. The middle floor (Tower B) is going for 544000. Works out to be (544K/1200 sf) = $453 per sf.
Anyone willing to transfer their booking and let go at 400 per sf? Looking at 9 to 12th floor.
HI all;
i am a serious/ genuine housebuyer looking to acquire my first property at OneImperial.
Do anyone wanna let go of their booking? Looking at 9th to 12th floor for TowerB. If you are interested to deal, please PM me at
alexkan1983@gmail.com
How do you going to do it seriously? How to sell to you at a loss while S&P not yet sign?
It make me laugh.
@thomas
For those book during CNY, you are allow to pay the cheque before 15-March. But for those who made the book b4 CNY must be to pay the cheque b4 this month to enjoy the 5K rebate.
…some buyers booked ages ago when price per sqf is cheaper as compared to now. Maybe they failed to get a loan (or whatever the reason) and are willing to transfer their booking at a small fee….. I don’t mind helping them out …..
@WTH
@AlexKan
Then do your homework 1st before asking ppl to sell u the block B unit at 400psf. U really made my day. Happy V Day.
I got one unit to let go at Tower E for RM483000, 1200 sqf, pool view.
Anyone interested, Please contact me 0164381116
@Venus
Hi I’m interested so can you pm details as below to ck5285@yahoo.com?
1. Unit Floor Number
2. Any Additional Charges/Transaction Charges
I think you are “helping yourself out” kut…
I’ve visit the office past few days, I notice a lot of unit still available. Especially Block D,E.
A & B & C not much left, but some of the unit facing pool left 2~3 unit. It may be drop by some of else earlier.
By the way, I just dropped OI.. I hope i’m not making the wrong decision. Now actively looking other sub-sales or new project…
I am feel some new project will launch between 1st March to 15 March from developer. Because they are encouraging or pushing ppl pay 10% down payment by 15 of March and with 5K rebate.
You should drop after manage to find a new one.
@Bryan
Yes. you are right. But I have feel insecure for not cancel earlier. Who know suddenly ideal can change the term and condition where by can only take 90% of your booking fee. So I cancel earlier to save the hassle. By the way, now totally homeless. Just sell my first house, and keep the gain for next project then.
Bryan, any coment for subsales? I now looking for reflection, or d piazza. For reflection, can buy from sub-sales without OC? I asked Sp setia, they said they are not advise to do so.
for new project, maybe wait sky-8 or vision park d…
Ideal Vision Park first phase soft launch soon?
Admin Ken, I think the link to Vision Park is broken.
Look like you are not too confident with Ideal.
I never study the Reflection. Location wise, I start feeling that part of Sg Ara is better than the Relau. But no need to consider D Piazza. The quality is bad.
You can buy the condo without OC, just to lock the price because normally price will increase after OC (not sure if this is still the case for this year). The thing is, your 1st 10% to be kept by your lawyer, until VP. After VP, then only the transaction started. So, the whole process will take about 3~6 months after VP.
Hi @PG Guy , thanks for the catch :). It is now updated.
Since u r considering sg ara, Regency Heights is also a good choice. About 6 years old. Very nice environment. Selling price about 600k with some reno and furnished I think.
@Bryan
@Bryan
Hi Bryan,
Thanks for your valuable comment. So the first thing is i request seller S&P document and start looking lawyers? Just wonder what if seller suddenly want to hold the unit, then what’s next action i should take? By the way, i have bad experience with ideal sale’s person. But this OI is definately good project, layout good, 7-8 unit per floor, low maintainece fee and great facility. Just personal preference to get out from relau area.
Hey I’m currently compared this OI vs Gardens Villes, my assessment so far seem like Gardens Villes is better option. I might be wrong but would like to understand more from the rest. Any comments here?
1. GV – Residential title with commercial lot at the bottom of the condo.
2. GV psf (~ RM 420) is close with OI psf (~ RM 430)
3. Both are located on the similar area (sg ara), I believe GV is close to hill slope.
just back from Ideal office, compare the price booked in Oct with current price already increase 15k+ (min). Congrats for all early birds.
current price 43+psf for all unit.
5k ang pow extended to 15 March only available for those new buyer.
Gong Xi Fai Cai!!!
@small fish
Not much diff with old price and new price. Though price increase, but that come with 2 car park.
If already paid 10%, may check with the lawyer whether you can get the 10% compensation if owner change decision. Both side will sign the SPA but cannot do stamping until VP.
Why you think with commercial lot is better? To me, this is a minus.
OI is ranged from 400~430 (if included the 2nd car park).
No comment on the location. Only can feel it after the whole developments at that location completed.
Good project does not mean the final product is good. Low maintenance does not mean it can be well maintain. Great facility with so high density probably tear and wear faster. Bad experience with Ideal is usual. 3yrs to complete 5 towers for over 768 units i don’t think so.
@onered86
onered86,
15k u said not much diff? u must be very rich.
by the way, why people who cancel OI but still follow up and updating OI info.
very funny guy.
Hi JL, how much are you selling this unit?
Thanks for reply.
@Bryan
Hi Bryan,
Above is just my humble opinions, thus it may not represent the entire picture. However, I believe commercial units/lots with GV will boost up it condo value If the commercial lots able attract traffic/peoples or business is good. Just my opinion. Any comments are most welcome.
@small fish
Mm… May be you are right, I rich and funny
I’m Bryan follower. I learn a lot from him 
re post as was wrongly did it in the first post. sorry.
Hi Bryan,
Above is just my humble opinions, thus it may not represent the entire picture. However, I believe commercial units/lots with GV will boost up it condo value If the commercial lots able attract traffic/peoples or business is good. Just my opinion. Any comments are most welcome.
@Ideal
You got your point here. I’m trying not to make any comment that other buyer may think that as negative post. People may think you are funny as well.
@ck_100
I have the same thought as you. If shop lot below cam attract those branded/popular shop then of course the resident unit will gain benefit. Same like all season place in farlim. But for GSV, it can be the same as all season place, but personal opinion think that will be lower percentage.
Hi all,i am newbies and just booked a unit @ tower A -12B, BUT my heart still up and down,do not know whether this property is good or not~ emm should be say not really 100% confident on this, since notice a lot peoples cancel the booking… kindly advise?
besides, a lot people mentioned on Ideal Vision Park here, i found out this property comes with 19++ units.. is that too much?? super High density then?? correct me if i am wrong..
Is it really true that the commercial lots will boost up the condo price? We can take some example like University Place (supported by USM), All Season Parks (Farlim main road), Penang Time Square (city center), and many flats. It is considered good if GV can be something similar to U place.
Let’s say there must be good shops/ restaurants open at that area since will be high population there, but which 1? Golden Triangle, Siera Residence or Garden Villes? My personal opinion is GT still have some chances, while GV and SR is very much depend on whether the serving road will become the main road in future.
Try to go to U Place and feel the environment. If you like it, GV can be better choice than OI.