Arte S
Arte S, a lifestyle development project by Nusmetro along Jalan Bukit Gambier, Penang. It is located next to Ivory Plaza, comprises two residential towers sitting at the base of Bukit Gambier. Climbing to 49 storey’s, it will be the tallest on the island offering spectacular ocean views from the upper levels of its eastern elevation whilst the Western facade looks onto the jungle covered mountain.
- Tower A: SOHO (76 units), Service suites (75 units)
- Tower B: SOHO (250 units)
Location : Bukit Gambier, Penang
Property Type : Service Suites / SOHO
No. of Storey: 27 Storey (Block A), 49 Storey (Block B)
Developer : Nusmetro City
Register your interest here
Location Map:
Contributed by reader (6 June 2017)
@Wayne
Marie did talk about the pros and cons of the project. If you were to read through the entire post. She mentioned that there is minimal appreciation because the project will be dense, 400 over units on a 2.5 acres land. Bad swimming pool design, hazardous for kids. Bad layout design. She also did mention that their own friends bought the first 7 floors for RM530/sft.
From my view point she actually did an extensive research and analysis on this project. Pretty through all.
I myself find this project expensive. RM700-RM800/sft for Bukit Gambier. Might as well buy Tg Tokong Seri Tanjong Pinang area for this price. Fettes Residences is going for RM600/sft. Brezza RM550/sft, Marinox RM600/sft, Jazz was going for RM650/sft. Different standard and class of lifestyle from Bukit Gambier. If you are paying so much for a small condo might as well live in an area where the elite lives right….location wise Tg Tokong is so much better. Not to mention after the elections E&O will be reclaiming 760 acres of land. That means in terms of appreciation Tg Tokong will be more, the long term growth is there. The existing Seri Tg Pinang township is only 260 acres. So can you imagine they have yet to reclaim 760 acres! I will certainly put my money up north. Rental returns will be much better from the expats and elite class.
Anyone interested please drop me a message.
but gurantee..still will sell finish
I saw the advertisement at the cinema. So decided to visit the site but it was rather disappointing.
bad location going for a very expensive price. Might as well just buy Tg Tokong area. Very small piece of land and i realize there is another project just next to it that has a bigger land area. Nevertheless, that area is not that great and it shouldn’t demand Tg Tokong prices. Good luck to all the speculators there. Very hard to sell sub sales
heard official lauching this weekend…
rm550 per sq ft, time to grab the units!!
@interested buyer
Do you have info on the unit types, sizes, floor plan?
i receive flyers on my doorstep saying only rm550 per sq ft. so have to wait and queue on saturday lah
The highest floor unit will have a spectacular view!
rm550 is dirt cheap! gonna snap !!! sure clean sweep
@interested buyer <
From the way u post your cooment I think you are developer's saleman. Only salesman will say cheap cheap…grab it. Those wise buyers will think twice to invest in Bukit Gambier with such a high price. My personal opinion Tg.Tokong and Tg.Bungah deserve such price not Bukit Gambier. Wish good luck to the greedy buyers.
550psft, min 1300sqft –> 715k++.
they can’t sell, so now they reduce price? for 50 units only ???? haha
i think it is loan rejected. They overpriced in a sucky location. Now they have to bring down the price. Not easy to loan from banks anymore.
this project is the joke of the town:
tried selling at RM850/sft for 30th floor and above with specs
tried selling at RM750/sft for mid floor with specs
tried selling at RM700 for specs.
50 units got rejected and now offering rebate up to RM100k with final price from RM550/sft
So those 50 idiots who committed at RM700-800/sft got their loans rejected.
They should be thankful.
Overpriced and lousy location.
They think they can follow BSG and sell at ridiculous price.
@sad
Rebate up to RM100k?
the RM100k rebate is for existing buyers who bought at RM750/sft i think
You can imagine how bad the sales is. They started promoting and marketing it back in 2012. It is almost a year and they had to reduce the price.
You can imagine the sub sales after completion.
Too many options around that area.
Must be those units direct facing low cost flats.
Btw, isn’t this selling lower than before a bit unfair to those buyers who paid a higher price.? It seems developer just want to push for the sales and push aside the buyer interest.
dont forget the location is so much better than relau or sg ara … really worth it
-With that price i can buy a landed property around greenlane area
-Too expensive for such area ( traffic jam , and even the condominiums around has parking issues )
-No view ( too near to the main road it will be noisy ) , people from opposite apartments and condo can look into your units, no privacy
-Too small for a family ( three bedrooms ) , bedrooms are too small
-High density, with over 400 units on a 2.5 acre land
-Will it be another project like Oasis ( badly maintained and managed) , controlled by gangsters
-Price too high for appreciation
-SOHO = commercial ( you’ll be paying water and electricity at commercial rates
I also received the brochure. It says got 100k discount for first 50 buyers and is RM550 psf starting from 1300sf. Does that mean the cheapest is 550*1300-100k = 615k?
I’m interested to obtain further information. What is the min sf for this property launching and min price psf? Is 100k discount apply to new buyer as well?
@jay
It is stated discount UP to 100k.
In most of the business, you get more discount if you spend more.
550*1300-100k = 615k? 14% discount? Forget it.
i totally agree with you James!
Bad project.
I remember they had a few previews at gurney plaza and one of the sales person told me it is going for RM650-800/sft.
I was taken back by the fact that they are selling at Tg Tokong prices at Bukit Gambier.
Honestly, the marketing team if i am not wrong GE Tan must be high on something.
Marketing 101: Never try to overprice a project at a bad location. If they sell more then 70% units with loans confirmed and S&P signed than they can demand such prices.
Discount of RM100K for existing buyers of RM650/sft. So in the end it is still RM550/sft. They can’t manage to sell from RM650-800/sft. Many applied for loan and got rejected by banks. So they had to reduce the price of the project.
@Jo
What about people who already gave deposit?
They can ask for rebate 100k?
So many loan reject due the the value of the project is too high?
Heard that tomorrow will be the official launching, anyone going there?
From my experiences, the so called official launch means left over cannot sell unit will be offered to public. Good ones already sold during what they called – preview, soft launch , VIP, loyal / repeated customer ……
The good facing one , nice numbers all …..
I personally only go for those preview, really early birds
Dear Buyers & Investors
Property Sales Exhibition & Launch
20th & 21st July 2013 / 9am-5pm
Arte S & other Projects will launch @
Pan Pacific Singapore-Ocean 7, Level 2
7 Raffles Boulevard
Marina Square
Singapore 039595
Pls Call/text me @ +65 91826433 for more details…..(from: SGD $2xxK)
The Architect rated world no. 1.
The Architect rated world no. 1.
@SP
The Architect rated world no. 1.
yeah, with such odd shape, does him/her design-in a lightning arrestor not?
Kindly share your source of this information. Thank you.
People are looking for a place to stay and not to show-case, unless this is a full office building but apparently it is not. Since when IJM land adopting an agressive approach in their architectual? Most of their projects come with standard, conventional squarish type design like bayswater, summer place, platino, the light linear etc, but hack cares, these are few of the most appreciated projects around in penang. Ivory tried their innovation with The View@ Batu Uban, looks cool from outside but internally it is a disaster – weired bends and corner everywhere which difficult to put furniture, full of wasted space, and the kitchen is being cornered into one small “half oval” next to toilet. How nice, thats the price to pay for being architectual marvel, and Arte-S gonna make it even bigger.
What most important factors are locaton, Quality, and better be “Practical”. Facilities may make it to the list but I think developers nowsday are more or less equally competent in building nice swimming pool and gym, so big big fuss.
I personally think the location is not too bad, as it is quite strategic either to FTZ area or town area. Besides, that area is windy due to near to mountain. The oval design layout is “different” from others and may need more effort at the interior design but it could suit different market segment.
I honestly think that the location sucks.
If you want to talk about good locations, it should be up north.
If it was so good, there is no need for them to hard sell by distributing flyers, having road shows, previews, VVIP launch, events, cinema advertisements, sending e-mails, giving rebates and finally lowering their original prices by RM100K.
Doesn’t all that hard selling tell you something about this project?
Density wise: 400 units on such a small piece of land. The land is so small that they had to placed their facilities in a capsule….
Did anyone go to the launch this weekend? What is the min price for those units that are left?
I have been to the prelaunch in Ikano last 2 week and official launch in Phileo damansara office yesterday. same unit on 11 June is 875000, today is 905000….30K increase as the saleman told me price will adjust after 15 June
They realise different unit for 100k rebate yesterday and today, i think might like what some of u said rejected from bank loan. 1300+ sqf start from 850K++ before rebate.
No 550/ft as what they claimed in brochure.
Any information on the detail pricing? Would be appreciated.
I’m just going to the penang nusmetro office to take a look the show house 1313sqf is cost RM945K but they rebate 100K still RM845K,this project something new different is private elevator….
Dont waste your time with this project.
There is no room for appreciation left. Sub sales is going to very bad once it is completed. Priced way too expensive for such a bad location.
If it is RM945K. I might as well buy Quayside studio unit or Fettes residences studio unit at 1600sft. Better location, lower density, ready to move in or rent out.
Waste of time @
Look for Jane…..she are damn interested to buy, she got money….self proclaim RICH.
Prove? Read what Jane wrote…
Jane @ at The Peak Sri Nibong Blog
You can not afford, a lot of people can afford what.
Dont be naive la, if you are selling banana, you still want to sell the highest price, correct or not. You definitely say this greedy la, that not ethical la, because you are not in business.
There is a project in Bayan Mutiara, luxury condo. Small unit cost up to RM 1000 per Sq feet.
almost 90% sold out and not even appear in Newspaper yet. people q up to buy.
good one..@Tony
@unimagine
Take a short cut to get the best return in property.Marry Jane straight away!
So, worth o invest or not?
Its very pricy with commercial rate in E&W.
Any news?
SO wat it be? Should I buy or not to buy?
Applying my LOAN now!
Very rude sale staff and not a good location, and selling super high. Foreigner also said NO.
For 1 million properties should look for Gurney, Tanjung Bunga, Tanjung Tokong, the light also better.
Invest wisely, look for good developer no gangster problem after completed.
@JaydenCool
Heard price increased? How much is it now?
Heard price increased? How much is it now?
Actually we are panel banker for this project. You may contact us for any enquiry. We believe We can provide you the best loan package for this project. Thanks saw- 016-4400559 / Edmund 012-4597209
this project is not worth it. Over priced and not nice location
After all , many got loan rejected. Starting from today you can only get 60-70% loan.
@nah, location wise is very subjective… Any recommendation what is termed as nice location? Maybe you can help enlighten us eh?
The only problem with this Arte S is the deisgn is a pain in the S… Maybe the designer is trying too hard? Fengshui wise a big no no….
why u mention start today only can get 60% -70% loan, more details pls.
@Colleen
Gurney drive, tg tokong, tg bungah.
You plan to rent it out to expats right. Expats wont stay at bukit gambier. If you plan to rent it to locals then it s not worth the investment for the price you are paying for.
@funny
Heard from a bank manager that they received instructions to further tighten the loan by bnm
this place won’t be able to be rent. nobody will want to rent such a ulu area.. good luck to speculators
They are selling at QB mall. Anyone buy?
the craziest & unrealistic project in penang so far!
Don’t bother buying this project. They are hard selling this project, Obviously sales isn’t good.
Overall sales not good for new projects launched, overpricing not worty to buy. Subsales not need to mention, very badly affected. See what will happen after budget announcement.
anybody know what the package given at QB roadshow ?? hw many panel bank ??
heard that loan rejection is very high for this project and they are throwing all kinds of packages now to attract buyers.
Not doing too well.
Best to avoid. You can just imagine how bad the sub sales is going to be.
Location isn’t that great as well.
go and see the environment, my freind said usm palapes training place near there only if unlucky kena shoot then how? duno y this project can approve…zzz
How is artes compared to starhill?
Starhill has a bigger piece of land. Honestly, i don’t like both projects because of its location and pricing.
Why rejection rate high.??? Newbie
Everyone here seems to be negative about this project. What is the take up rate so far?
@small fry
People have suddenly woke up to realize that take up rate doesn’t mean anything anymore, because take up rate is as cheap as stickers nowadays….:D
@SiaoLang
I agree with you
Good old days for developers are over.
@Seminx My vital stats:26-35-35, MBA Illinois. Seek partner with similar interest and properties at KL, Penang, Singapore, Melbourne or UK preferable. Jet setter welcome.
Hows this project selling now?
I heard Star Hill is doing better. I am not sure whether it is just competitive sales talk from agencies.
Initially Arte S had a lot of loan rejection and eventually they had to do a lot of advertisement and home to home flyers and massive discounts to get the sales moving.
Zeon agents then claimed that a lot cancelled Arte S to book Star Hill with them because they had a better deal and much cheaper.
So that’s the story i heard.
Already launched for some time.
Still struggling to sell after so long.
100k discount still got??? I m going to buy if got 100k discount !!!
how is the sales now? Take up rate?
Worth to buy for such discount?
The layout is the killer for this Condo… Imagine when you want to renovate….
Seem like the take up rate is not that good?
PLEASE FEEL FREE TO CONTACT ME IF ANYONE INTERESTED THIS PROJECT
SHRLYNTEH.FIRSTHOME@GMAIL.COM
May I know how much they sell now psf and how many percent they sell oledi?
The latitude by Ivory is better in term of the landscape, facility, structure, architecture design, of course the reputations and the well established company IF compare w Arte S, price wise is about the same. But I heard that the Latitude is fully sold.
Both of the heights are about the same, the latitude is 43 storey and above 500 sea level while the ArteS is 49 storey
no update on this project already? so quiet
Impressive design, but not practical as a home, especially those with family. Will be ok for singles though.
what is the package now?
Still a lot of unit available with 200k rebate…but the problem is no much of progress at the contraction site…passing by few times but no worker at all…
How about latest properties G-mansion launching in queensbay now?
Dont see any news about it.
This project very slow. I remember they launch back in August 2012. Now it is 2015 already. I guess their marketing failed. Price reduction once and still sales are slow. Besides many other projects coming up around that area.
They were at the star property fair this weekend. They claim it is 70% sold but trust me I beg to differ. The last time they made such claim, in the end they had only 50% sold and they had to reduce prices to sell the rest. By the looks of it, for those that bought early, I cannot imagine, the holding cost for 3 years without any much progress in site and further more the price reduction last year basically tells a lot of this project’s failure. Best to avoid.
the developer very bad service, not helpful.
This project confirm failed. Since 2012 until now very bad sales.
They were at star property fair this weekend in G-Hotel. Looking through the available of units left behind, almost 75-80% have been confirmed sold, particularly Tower A. The left behind units are mostly the units facing the mountain on Tower B. Some new is saying that there will be a future building of U-turn leading to Arte S from the greenlane direction to avoid traffic jam at the USM traffic light, is it true?
Looking at their progress, it is taking forever for them to start. By right it should be completed by now already. At one time they had to give rebates and discounts to push sales. A project like that it’s best to stay away.
I bet things will changed when it is completed. The design was superb.
Passing through the construction site this evening. Apparently, they were building till the podium level. I guess they might have done with the few levels of basement car-park.
main caon. awarded, by tiarra contour (setia v ressident main con. as well). sub structure was done, now main con. proceed to super structure work, tower B tower crane is there, i belief the progress will be catch up soon, targeted to complete and handing over to nusmetro on september 2017 for apply CCC.
How much is it now?
Around 600 plus persf after rebates.
Anyone know how many percents of this project have been sold ?
This project best to avoid. They tried selling it at rm700psf back in 2012 and failed. After 1.5 years of trying they decided to reduce the price to rm550psft to help secure sales. They had to give discounts to previous buyers who committed to the project at rm700psft just to be fair. Now they are asking for rm600 plus per square feet. Obviously they started off badly. Location wise not great as well. Design wise horrible, look at the rooms a lot of weird corners and it is going to be hard for you to place your furnitures in the future.
@Roland
Hi, i find you are having bad intention in against this project or this developer. You’ve been comment how bad this property is since year 2013. If you are a buyer or investor, and found that this project is not your desired one, then just move on to the others. no point for you to come back after two years to make announcement like granny repeating the same old story. Anyway, i am no one from this project or developer, just a badass who dislike haters.
nice 1 Gin.
anyway, i trust the main contractor although nusmetro’ not so good reputation in kl.
This project is considered a fail project. Everyone knows. Even The agency that initiall sells it knows. Can you imagine having to reduce the price from rm700psft to rm550psft. Those that bought early parked their money there and didn’t even make a profit at all. This was sold in 2012. By right it should be ready by this year. So you can imagine how bad sales can be for this project. Location wise is not great idea. Just imagine for rm550psft at that time you can easily buy so many other projects at better locations.
Any good unit left behind? They are building till the facilities level, look gorgeous so far.
Anyone has idea about the ceiling height of the unit?
@tcm
i think vry good unit sold out d, small unit left 2 or 3 units with big balcony as i visit last month, standard unit still have without good view or low floor 1.
@MJ
ceiling height should be 3500 right?
@timthy
What’s the unit – 3500? cm?
@MJ
what u mean what the unit?
3500mm/3.5meters
@MJ
u means diff unit got diff ceiling height?
What i mean by “unit” is whether the height is in mm, cm or meters.
Tq for the info about the ceiling height.
Is this height considered to standard, low or high compared to usual ceiling height?
@MJ
3500mm consider high compare with other project, standard is 3000mm stated in building by law.
but usually developer will make it 3300mm, how? interested on this project?
@MJ
Consider height for medium cost condominium……
example one imperial/golden triangle is 3200mm……so call 10.5 feet
I like condo with high ceiling height.
Unfortunately, there is no more good small units.
@williamyl
actually 10 feet ceiling height is very common in the industry, even luxury condo at bt ferringhi sdb by the sea ceiling height is 3400mm only.
@MJ
if u like the condo with high ceiling i think u may consider some development with duplex unit 1.
This project is not worth buying. They have been trying to sell since 2012. Now it is 2016 and in 2015 they were stuck with 50% sales only that they had to give discounts on their psft price and still not sold. Location not great either.
This project is a failed one. Not worth buying.
@Roland
Hi, i find you are having bad intention in against this project or this developer. You’ve been comment how bad this property is since year 2013. If you are a buyer or investor, and found that this project is not your desired one, then just move on to the others. no point for you to come back after two years to make announcement like granny repeating the same old story. Anyway, i am no one from this project or developer, just a badass who dislike haters.
*this is from gin previous post
but thn i oso dun understand y u so hate this project? it is still under construction period, still early to judge whether fail or success tho it is delay so much. for me i trust the main contractor of this project, they are doing a very good work on their pass record such as the cantonment. i am looking forward for completion of arte s, i think is 1st or 2nd quarter of 2018.
why you said failed???
@Roland
Hi Roland,
really do not understand that why you hate this project so much, it is still under/within construction period, is it still early to judge whether fail or success although it is delay much of time.
For me, i trust the main contractor of this project, they are done a very good job on their pass record such as the cantonment as well as on going project like v residents by setia. i am looking forward for the completion of arte S, i think should be 1st or 2nd quarter of 2018.
If you know the history of this project you will know it is a failed project. They had to reduce price of their units because cannot sell. Many other reasons. If you were to read the earlier posts you will know why.
They started selling in 2012, now completing 2018? Doesn’t that tell you a lot about what happened? Don’t tell me it is not 2012 because I was offered a unit during that time.
Just ask the previous GE Tan head of sales, they also say not a good project to buy. Had to reduce price just to get some sales moving.
Started selling since 2012, bad sales now completing only in 2018.
@Roland
Not a good project?? Then why still can build? Why still got ppl buy at last? You miss boat? Don’t talk about 2012.. We want to talk 2016.. Still got buyer.. Everyone know the history about this product.. We happy on the project we are buying as for now.. If u not happy& not interested.. U can disappear from this forum…. Go for project u think is good for u. .Don’t show everyone u are nake at here.. Happy investing..
ok fine, other than:
1. reduce price to move on the sales
2. design (layout) *subjective
3. high density
4. location *subjective
5. delay of construction period (1st snp sign on 2013)
the reason above do not reflect a FAIL project right? yes, it might be affected but doesn’t means that the project impossible to success. Mr Rolland, what i am trying to tell is the project still under construction progressively, now at the landscape deck with transfer beam (level 6). in view of sales it might be a fail project, but in view of construction, it is still able to be a good building. i always looking on the finish product, i do not know the price will be increase or not when it is complete, but what i confident with is arte S still able to be a very stunning building in penang soon (provided it can be complete la).
* the GE TAN previous head of sales you mention is serena?
@Roland
@snailz
There is only one previous head of sales right. That person advised not to buy even when the person is selling the project. So that speaks volume of this project. Price reduction is a no no in a project. That means marketing and product didn’t work and that affected the sales. Bad sales means time wasted that equals to opportunity cost. 6 years till completion that equals 2 potential projects in the pipeline. There are so many other projects that gives better returns. Price wise this project will not appreciate further. There are so many units available just across the road. Banks are not giving credit that easily so don’t expect price to increase upon completion. It might even stagnate and fall of the earlier buyers can’t hold.
@Roland
you might be right, lets wait and see hows things going on when completion.
time will prove your statement as well as mine~ ^^
To those who comment bad location and fengsui of bukit gambier:
I have been staying at sunway bukit gambier residence for 7 years.
From manager i promoted to senior manager and then director. Whats wrong with the location and fengsui here?
Just like those comment Scotland villa bad fengsui because of the cementary. Do u know how many became millionaire and billionairer after staying there for few years?
@Blow
i also listen from my friend said sunway gambier feng shui very ONG ~
Heard it is commercial title. So assessment and quit rent must be expensive ? Anyone know how much roughly per annum? How about the electric and water bill – residential or commercial ?
Forget about this project. Commercial assessment rate.
@cmtan
I checked with the developer before, the electric and water bill will be under residential rate
@cmtan
@Roland
@LoL
hi all,
info from developer, this project is subject to HDA (housing development act) so the electric and water bill is follow typical residential rate, but the assessment fee is commercial rate. we may wait and see hows going on later.
btw, rolland bro really very hate this project huh~ haha
Just speaking facts, not about hate. If you think logically you know that this project has no value based on failed marketing attempts, reduction in prices, practicality in design, density and future projects around that area and location. You might be an agent or an existing buyer for all I care. I am just speaking facts that’s all.
@Roland
wait and see then~
Is there a way to buy extra car park for small unit with one car park ?
Driving through Bukit Gambier today. The first two floors of the condo are being built – look gorgeous, very futuristic! Not sure how will be the interior design.
Hats off to the developer for building an iconic landmark.
This project failed already. Many people know this project is bad investment.
Personally, i like the design but no money to buy.
looking forward on the finish product, nusmetro just hand over 1 of their arte series at klang valley (arte subang west), feel good. https://www.facebook.com/Nusmetro/?fref=ts
It is a little too late to promote this project now. Look at the surroundings, all the Low costs. Not to mention the land next to this project will have 500 over units again. The design is bad, one tower is so close to the other. If one collapse it will bring the other one with it.
@Roland
cute roland, people did not promote the project la please, most cute part is ‘If one collapse it will bring the other one with it’. meant people no need to buy any property d cause worry other building will collapse, if komtar collapse, u also will be affect if you driving near there that time, its funny la if you put the ‘collapse’ issue in your consideration then you no need buy property d what?
No need to be so defensive over your project bro…..just stating the facts…..this project cant sell. They reduce the price and tried to hard sell. Even GE Tan head of sales said this project hard to sell.
who defensive? whose project? who care the project hard to sell. just stating the facts too, who think about the building will collapse when wanna invest property. its really funny maa bro, u really make my day Mr roland.
by the way, do you consider how the building collapse and what direction it collapse or not when u buy ur house? haha
p/s: need to investigate on ur neighbor that potential collapse and bang your house too.
Like I said, this project is not a good buy, just telling everyone about it so people don’t get trap, that’s all. It is hard for you to digest than I am sorry for you. Even head of sales of GE Tan said it is hard to sell and location is not that great surrounded by Low cost plus the design is not practical and it is a commercial title land. Plus there is another project net door with a bigger piece of land and opposite the road as well. They reduced the price because they can’t sell. Even the previous sales team talks shit about this project now. I rest my case. Sounds like a collapsing case to me haha
aiya..let it be thn~ as usual, roland d famous here to promote this is a fail project, take it easy bro.
btw, may i know what another 500 units project net door with a bigger piece of land and opposite the road as well? which developer? can buy?
I am not sure you are an agent for this project or an existing buyer. Truth be told this project, cannot buy. Head of sales of GE Tan said they had trouble selling this project for so many years, had to give discount and etc.
I am taking it easy but I can tell you this project won’t be easy to sell. Launched 4 years ago and still struggling to sell.
@Roland
okok, yes bro i d know cannot buy and sell this project, you repeating it all of your post here for so many times already, i get it ok.
u can answer my question or not? may i know what another 500 units project net door with a bigger piece of land and opposite the road as well? which developer? can buy?
@timthy
See ? he is just good at bashing like a pure hater.. he was trying to spread negative news for this project only.. but not having a constructive conversation like a rational adult.. :/ could be the agent from other projects nearby…
Yup. High chance agent from other project nearby.
aiya..use to it d la bro~
roland very famous and expert to critic about this project long time d~
Dear Mr Ronald, if you think project is a failure, u just ignore it. Dont to keep talking about this. I bet u had repeat at least 20 time on this same sentence.
If you think building will collapse easily, please dont ever drive pass any building.
Dear Mr Ronald, what makes you so negative on this project? Are you sales person nearby project?
no need to bother those hater la
so how? any updates about the project?
@snailz
What kind of update are you looking for ?
I have no idea too.. I just know that they are building in a fast pace for the past 6 months…
@LoL
last month i pass by, reach typical floor d, aluminum formwork started.
nusmetro is handing over their arte subang west now, feel nice.
I heard their workmanship in the previous project ( The Oasis ) at Gelugor is quite poor
ya, really bad workmanship on the oasis. hopefully arte s can bring back their reputation.
If still using the same people, chances are the quality will be the same like previous.
@Come
the oasis main contractor is wabina (well known as what type of company if you familiar with penang construction field) Arte S awarded to tiarra contour, they are high rise specialist and have a very good track record such as the contonment by malton, the light collection 4 and setia v residents still under construction that allocate at gurney drive. lets wait and see the final product of Arte S, by the way, they are on a very tight time frame, it may be delay, my own estimation it will be completed by either 1st or second quarter 2018.
Same contractor, I know them, don’t expect quality to be good. My advise stay away from this project.
@Lol
are you sure you know them? which company? please brief me in details tq.
There is always a project title at the entrance of the construction site, you can see which main contractor that the developer assigned to this project. I don’t know which contractor is good or bad and the quality / price of the contract value is different from each and every one. (of course the higher the contract value = the better materials they using for entire project, this not reveal to public)
They have delayed many times already. Bad sales. Since 4 years ago they do their soft launch and I attended their soft launch. Luckily didn’t buy. Location is just not good. Main con for oasis also sucks so don’t expect them to provide quality for this one. They are tight on money from bad sales.
the oasis main contractor is wabina (well known as what type of company if you familiar with penang construction field) Arte S awarded to tiarra contour, they are high rise specialist and have a very good track record such as the contonment by malton, the light collection 4 and setia v residents still under construction that allocate at gurney drive. lets wait and see the final product of Arte S, by the way, they are on a very tight time frame, it may be delay, my own estimation (base on current progress) think will be completed by either 1st or second quarter 2018.
kindly search arte s penang in facebook to get the latest progressive photo.
level 4 of typical unit in progress.
@Arte S Penang
Viewed Nusmetro facebook page but could not found any.
Link ?
@LoL
bro, not nusmetro facebook page, straight away search ‘Arte S penang’ add friend and you may view it.
@Arte S Penang
Are you from the developer group ?
nope, just personally to share with you all.
Will Nusmetro widen Jalan Gambir or build elevated U-turn or build new park as social responsibility of Arte S building ?
wan to know pun~
No worth it to invest .
agree that not worth to invest for now due to no much good view unit left currently.
@Arte S Penang
How many % of unit already sold ?
agree that not worth to invest for now due to not much good view unit left currently.
How much for this project selling now?
nusmetro website upload arte s may 2016 progress photo d.
Look like they are progressing fast, compared to previous years.
yes
Quality always become a concern when they progress too fast…
structure stage progress booming
already bought at tower b
@ES
how the price now?
UNDER CONSTRUCTION !
intermediate unit near 900k
Hi….Guys…..need your advise on what’s the benefit for buying property under commercial title like ArteS ?
Tower B Level 20+ d~~
y so diam eh here……
arte s is residental title…who say is comercial title..
Commercial title la. Just checked. Maybe you meant residential rates for electricity and water but assessment is still commercial because land is commercial.
7% guaranteed leasing return, anyone confirm this thing?
(RM523000 * 0.07) / 12 = RM3050++
Mean one month at least can get RM3050 return from guaranteed leasing
@James
Guaranteed leasing return is one form of giving discount. Instead of giving a one-off upfront discount, guaranteed leasing spreads the discount over a few years, so less burden on developer cash flow. The bad thing about guaranteed leasing is developer will rent out your unit to people you don’t have control over, returning your unit to you in a bad condition at the end of the guaranteed leasing period. I personally prefer upfront discount.
The developer has over-priced this project, judging by the low occupancy rate and pathetic transaction price at Raffel condo, which is only a stone’s throw away. For those who already bought it, well, too bad. Owner occupiers will not feel the difference, but for investors who bought it either by sheer ignorance or blind greed, well, serves you right.
@woon
Thank you for your information, i have more clear about guaranteed leasing return.
I heard this project got problem and it is stuck. So now they are engaging agents via Facebook to help them sell. 4 years already since launch and I am sure they will have to pay LAD.