What is the floor size for Condo?

Oh boy. This area getting hot. Far from road, less traffic noise. They really need to improve that small little junction that you need to exit at a weird angle now….

@Alfred
Heard it is around 1500 sq.ft – 1700 sq.ft.

I think selling price should be around RM700k and above

unknown developer also want to up the train, later everyone up the car lagi best… haha

This developer from BM, there has project in Alma and Permatang Tinggi.
Poor quality, a lot people complain when get their house. Really bad tracking record.

Even their website under construction!

I notice a trend coming (or perhaps it has arrived…..)…. Penang island house prices have leapt up one more step….. now RM500 – RM600 per sq ft….. goodness…… fantastic for those who already own properties and sad for those still waiting for the house prices to drop…..gravity defying all the way now…..still no bubble in sight…..

Wah… slowly can connected to Paya Terubong d….

how many new projects does Penang need for god’s sake. there seems to be a new one launched almost every day

The only reason I am here is I am a property investor from NZ, I was educated in USM between 1981 to 1985. In comparison, I am buying landed property (bangalows) in the town where I live (population of 60,000) at around NZ$200 to $300 psf, rental yield of at least 10% p.a.

Great location. Good competition for Arte. I just got my unit booked.

lau ck :Great location. Good competition for Arte. I just got my unit booked.

congratulation for ‘up the car’ , > RM500/sqf is almost 70% of penangites cannot afford range. the balance of 30% will definately have their money spend for luxuries posh area rather than the former pig farms.

@lau ck
How to book?

I hope that Arte-s is not a wrong investment.

Wow this year penang property average hit > 450 psf….

For low/medium cost condo, averaging
5yrs ago cost you 220/sqft
3yrs ago cost you 300/sqft
2yrs ago cost you 350/sqft
1yr ago cost you 400/sqft
today already up to 450/sqft
If nothing bad happen the price will continue rise by 50/sqft averaging each yr. If your salary or income not increasing by 10%+ a yr, better buy a house if your cash flow still manageable before you force to rent a room or house in your life.

Just my opinion

Plaza Ivory already selling at 500psf, the unit size is smaller that make it more affordable with great potential since these 2 new projects starhill and arteS are coming up with higher price range.

I have booked one unit at RM700plus/ft2 but was given 200k free fitting.

A hillslope project, sure this developer can handle it???

@B
What????
heard only open for register now… booking by end of Jan-13….
u pay any premium?

WTH :
For low/medium cost condo, averaging
5yrs ago cost you 220/sqft
3yrs ago cost you 300/sqft
2yrs ago cost you 350/sqft
1yr ago cost you 400/sqft
today already up to 450/sqft
If nothing bad happen the price will continue rise by 50/sqft averaging each yr. If your salary or income not increasing by 10%+ a yr, better buy a house if your cash flow still manageable before you force to rent a room or house in your life.
Just my opinion

still so many condo at Sungai Ara priced at <RM450psf cannot sell, what to worry? If pick a wrong developer then jia lat liao, will take forever to stamp the S&P…

expensive and high density project.

@islander
Paid 30k already to the lawyer as stakeholder

Rise in domestic debt places Malaysia at risk
of crisis, economists warn

KUALA LUMPUR, Dec 24 – Economists warn that a rise in domestic debt that has
been keeping Asia’s economy strong could place the region, which includes
Malaysia, at risk of a major crisis, the Wall Street Journal (WSJ) reported.
The WSJ noted the great increase in the number of loans being taken by Asian
businesses and individuals due to the low interest rates offered by banks.
But Frederic Neumann, co-head of Asian economic research at HSBC, warned that
the Asia could be at the brink of a major debt crisis, saying: “I believe we are
at the beginning of a major debt cycle in Asia.”
“We are certainly seeing the early symptoms of a debt bubble emerging,
The WSJ reported that Asia’s debt levels had jumped far greater than the
troubled Euro zone and the US.
Asia’s credit-to-GDP ratio shot up to 104 per cent this June from 82 per cent in
December 2007
WSJ reported that Malaysia had one of the higher figures of debt levels in the
region, with the country’s credit-to-GDP ratio this June rising to 117 per cent
from 96 per cent in late 2007.
According to the WSJ, the World Bank had warned Asian countries with high jumps
in their debt levels to be alert and act to cut down on risks.
Malaysia had been hit with a financial crisis along with the rest of Asia in
1997.
Like other Asian countries, Malaysia now continues to rely on increasing
domestic demand to drive its economy, which grew by a strong 5.2 per cent in the
third quarter this year, despite weaker export figures.
Daniel Martin echoed Neumann’s worry, saying that letting credit growth drive
the economies could be risky.
“I think there’s now a danger, the way the global economy is, that increasingly
Asia comes to rely on loose monetary policy and rapid credit growth to
compensate for weak exports,” the economist for Asia at Capital Economics was
quoted saying by WSJ.

@B
are you from developer? got any kang tao?

@Ken

You worry too much. The Edge today features several articles from a few analysts on good signs of growth from US, China and ASEAN. With Malaysia being 3rd best country to retire, I think the demand for property in Malaysia will only go up in the future, especially island state of Penang.

LAND :
expensive and high density project.

Agree. Priced similar to Raffles Tower by BSG. Make it fully furnished if the sales is slow.

noticed a lot of developers from mainland nowadays..

oversupply soon, thousands of empty units flooding the market … big price drop coming

super :

lau ck :Great location. Good competition for Arte. I just got my unit booked.

congratulation for ‘up the car’ , > RM500/sqf is almost 70% of penangites cannot afford range. the balance of 30% will definately have their money spend for luxuries posh area rather than the former pig farms.

70% of Penangites can’t afford rm500/sqft? You must be kidding me. If you say 70% of those migrant workers from southern state could not afford , then i probably agree with you.
To the true Penangites especially the Islander, RM500 is really a medium range to us.

so is it start selling already???

The design looks like very compact and low cost feeling……… abit like BJ Court.

nowadays…500-600 per sf is common in penang island.

500psf? why so cheap, you look down at penangist ar? penangist won’t buy low class one, pls increase to 800 psf.

hahaha :
500psf? why so cheap, you look down at penangist ar? penangist won’t buy low class one, pls increase to 800 psf.

Penangites NOT Penangist

what is the price for the bungalow ? build up ?

Hmmm….I can’t afford it….I just don’t feel like working for so cheap and paying for so expensive house. I guess I need to move out from Malaysia to work in other place…I really hope I can leave Malaysia.

Some mentioned Penang has limited area, with this trend, I doubt creating 500K units of new houses within 3 years is achievable.

Penang population 1.5Mil.

For early bird register please contact Tiffany Tan 012-4481117 or Andy 012-4797933

Min how many sf? And how much it cost? And Wat is the offer?

For my information is 1000st,1300st,1500st @Penthouse 2800st….500-600pst….offer still keep P&C ^^

@B
you have booked Starhill or Arte-s?

any news for lauching?

I am looking forward to move out from malaysia too. With a salary of ~7K in Penang, i can hardly afford such expensive property. @Ang

@underpaid
If salary <7k can go for subsales. U still can afford penang property.

Anyone know how i can contact the developer for booking? thanks.

Iambroke :
Wow this year penang property average hit > 450 psf….

It is already Rm750 per sq ft…look at world city at Queensbay… sold out in 1 day!!!! Like market place…..PG people really rich…..

Arte s have cash rebate???

any updates? Still not launch after CNY?

Already obtained the permit. Surprisingly min price for condo from RM900K onwards.

http://ehome.kpkt.gov.my/main.php?Content=vertsections&SubVertSectionID=168&VertSectionID=115&CurLocation=115&IID=&Page=1

haha… last year heard ~500/sqft….
but now 650/sqft, min RM 976,950….

when O.C obtain? when can get the key?

Open for sale now but RM900K onwards. Crazy!!!!

What is so special about this condo asking for 900k? As I know, there won’t be sea view since U-place and Arte S are blocking.

zzz…look like flat but sell at 650psf, who will buy ==

@islander_ori

Hi bro & sister, I just bought 1 unit only, RM598 psf now la…

@Cheah

Contraction period is 3 year, after OC can get the Key.

@JY

JY,RM900K onwards because of 1500st, in penang property 1500st onwards sell RM900K is reasonable price.

@jay

Hi Jay,the corner unit is facing seaview & wont blocking by U-place and Arte, I already site visit on this project, maybe u can try to visit the developer office and ask more info.

@lalazai
Flat ?? bro, my group of investor bought 15 unit on last week la….

@Alex Tan

congrats! wu looi eh gk..

Why Starhill?

University Place penthse 2,000 sqft is only 800-900K only and 3,000 sqft is only 1M.

Sir, have you apply housing loan for your house? I am chuah from ambank. Our bank are panel banker for this project. Our package is quite attractive. If you interested,
Can call me at 0165513468 or ah_boon7789@hotmail.com thanks @Alex Tan

Received msg for invitation soft launch, free S&P, loan, DIBS and 8% rebate in RM598 psf.

anyone visit the sale prommotion at queensbay mall?

Actually I’m panel banker for this project. You may contact me for any enquiry. I believe I can provide you the best loan package for this project. Thanks 012-4980084

Anyone knows the track record of the developer? i saw some negative comments from the internet, not sure whether its true…

the picture above is old picture. actually now they change the building outlook d. i went to their queensbay road show. the design are nice with hotel concept residence. i quite like it. the only thing that worrying me the most is the developer. they have bad reputation as i heard from my friends. i’m not sure they able to build as they design.

Went to the office today. Take-up rate about 40% only. Saw a few names with many stickers in few units. Cheapest unit on 17th floor is rm1.05M for 1480sqft after discount, so min is rm709 per sqft. 5 lifts serving 20 units each floor. Maintenance is rm0.22 per sqft. Too close to the mountain.

The developer and sales person dont give you a feeling of believability. Better stay away.

Extremely overpriced project at such location. For own stay, will pay like hell – not worth; to flip, who is going to buy from me for 1.2M after completion? ; for rent, no one will come to this area to rent at high price…

This project take-up rate less than 40% and it has got Dibs. Now banks cannot give out loans to Dibs project anymore. How is the developer going to sell the remaining units? Adjust the price rm100k lower? If price adjustment, then not fair to existing buyers. If developer can’t sell remaining units, how to start the construction when it is losing money? If u hv placed ur booking fee but hv not signed snp, better pull out ASAP…

Hoon the banker… pls give some feedback

buy from Aroma Development ??
You must be kidding me !! Come and visit their existing project and you will be shocked !
Cannot even make a good landed house sommore want to build condo..
to whom who have made booking on this , better pull out NOW.

from Aroma’s house buyer who have stayed in the house for 5 years and have had enough of the troubles from their BAD workmanship

Bthaw :
buy from Aroma Development ??
You must be kidding me !! Come and visit their existing project and you will be shocked !
Cannot even make a good landed house sommore want to build condo..
to whom who have made booking on this , better pull out NOW.
from Aroma’s house buyer who have stayed in the house for 5 years and have had enough of the troubles from their BAD workmanship

care to share more?

@PeteR

Asked them what is their previous completed project .. take some time drive to the place and take a look by yourself

Here is the company web
http://www.aromadev.com.my/
Claim that developed more than 10 project but can’t find any completed project in the project tap which only shown this Starhill.

Condo or flat? Look at design like 20 years back design, remind me Penas and Rich Focus time, NGP Moonlite drawing is really lousy, somemore selling price high like hell! If 1 level consist of 8-10 units, I telling u this is super high density product, buy and die!

Whats wrong with bukit gambier area. I visited my friend’s sunway bukit gambier house few times and found the place quite and with fresh air.

Please buy high rise properties from established and good track record developer….

Anyone been to scotland villa before? Is the property still well maintained?

Better think twice before buying this project, it is really very pricey!!!

i heard that StarHill project is selling really well compared to its neighbour Arte S.

Not true. Take up rate is very terrible. Relatives and friends got the units for only less than 400k. Now they want to sell at 900k? There are no takers.

Take up rate for Artes is about 80%

@Khor

Yes, it’s expensive in this area and too many units sharing the same
facilities.

Arte S take up rate is about 50% from what i heard. A lot of loans rejected and a lot of people cancelling their Arte S for Star Hill. Star Hill offering 2 car parks and land is much bigger and psf is much cheaper according to the person.

I am not sure who is telling the truth but i am just sharing what i heard from the agents and agency.

Doesn’t really matter.. Both projects are over priced. Nonetheless I am more critical about star hill. It looks like a low medium cost trying to sell as high end condo. There are just too many units.

No comments, see for yourself

Any DIBS for star hill ?

The density for this project is reflective of low cost projects. Bad investment.

Woo, if wat Ray mention is true….Arte S buyer ( Investor) will be in trouble. I am interested in Star Hll too, wondering any more nice unit available.?

@Donald Teo

A unit costing RM 900K and you said low cost projects ?

folks, any idea does StarHill still offer DIBS or not..if we were to sign up before end of Dec

Yes, if i am not mistaken the developer still offerring the DIBS for starhill

Am thinking to purchase a home (for own stay not for investment) at bukit gambier area but wondering should take up arte S or starhill…any advice could be shared?

I mentioned the density not the price. @Unbelievable

sales not that good

have to ask zeon and other housing agents to help sell..

bad workmanship

the workmanship is bad

Really? where is their project?

?

Why?

The gated and guarded house project in Alma is so……have a look then u will know.

Pin Pin :
The gated and guarded house project in Alma is so……have a look then u will know.

Which project in Alma?

Are you from Developer?@Alex Tan

TE88 :
Am thinking to purchase a home (for own stay not for investment) at bukit gambier area but wondering should take up arte S or starhill…any advice could be shared?

which one you have bought?

Call me for early bird promotion package.
Booking fee only RM20K.
Down payment Rebate.

Wayne 016-4985547
Prop League Realty

Special Promotion Package
20k Booking Fee
Rebate
and more

Sky 013-9842506
Skyooi@live.com
Kingway REA

How much the price per ft now?

@ Ong
Selling price RM650/sqf.
Contact Jonathan 016-4445961 for more details.

Hi, This is residential title ?

Special Promotion Package
20k Booking Fee
5% Rebate
and more

Sky 013-9842506
Skyooi@live.com

Where and what is their past projects?

Am really considering this project to stay…got cheated by a developer in butterworth before so very skeptical…pls advice

You can find out about their project Taman Alma Indah in Alma to get some idea……

In Bukit Mertajam? Thank you Lucy.@Lucy

@Thomas

Near Hillpark and Alma Ria.

Wah, what a shock

What a Project!!! no eye see

Taman Alma Indah

What is the problem?

they do not provide the things that mentioned on their brochure given to the purchaser during launching……

What do u mean?

@jamie
could u be more specific, so we know what were the real issues. tq. i am planning to get 1 unit if the price can be lower. exit to the main road is the setback of this project

Difficult to say, but you will know what is the feeling when you see it, is like what??? paying a lot of money for this kind of return…:(

Anyone has any comments on this project? i plan to get one, tq.

For those interested kindly pm me @ +60125208558
Discount will be given and low down payment required.
Buy now and start paying 2017.

From developer.

I am interested in star hill. anyone can help? Thanks.

Can drop me an email at Cynthia_cbs@hotmail.com. Thanks.

I am interested. Can you provide me with more info? What is the price psf now? my email is Cynthia_cbs@hotmail.com. Thanks.

I am interested in this project too but after i get the comments about their previous project Taman Alma Indah at bukit mertajam, i decided not to buy……@Cynthia Chan

Leonard :
I am interested in this project too but after i get the comments about their previous project Taman Alma Indah at bukit mertajam, i decided not to buy……@Cynthia Chan

What wrong with Alma Indah? Care to share?

How is their previous project?
@Leonard

my friend hse buy from this developer, his hse wall crack badly and floor tiles all pop up, tmn mawar indah near raja uda.

Mawar Indah or Alma Indah?

huh really?@Leonard

i think both also their project@Chocolate

Property getting more expensive nowadays

yes next year more expensive

yes alex tan is related to developer@Natalie

Anyone recommend any property in Penang? plan to get a property…

jamie :
Difficult to say, but you will know what is the feeling when you see it, is like what??? paying a lot of money for this kind of return…:(

…….

jamie :
Difficult to say, but you will know what is the feeling when you see it, is like what??? paying a lot of money for this kind of return…:(

…….?

the website under con?

Which Developer? please share, thank you.@kavitha

Which Developer? please share, thank you.@kavitha

Condo how much?

@CC
Can i know further?

Beside of this starhill got another project G-mansion. But dont see much info on the net.
Anyone know about the project ?

@xiong
G-mansion is further inside from Gambir Heights apartment there.

Queensbay got g mansion. You can check it out.

up to now still havent got my house key for the alma 2nd project.

suppose to get my house key last year and now it is april d, can anyone tell me what happen?

no answer on dibs, any discounts/rebate.

the condo already launch? all unit sold out?

only can c the bangalow in progress?

Anyone purchase the condo already? can share your opionion?

@Bthaw
Why u said so? how is the quality?

evaong :
Anyone knows the track record of the developer? i saw some negative comments from the internet, not sure whether its true…

Where can i see the comments, can u explain further pls…

BM :
This developer from BM, there has project in Alma and Permatang Tinggi.
Poor quality, a lot people complain when get their house. Really bad tracking record.

I am worry as i already book a unit from them, can you share your view on this developer pls?

Alex Tan :
@lalazai
Flat ?? bro, my group of investor bought 15 unit on last week la….

You have any ideal about this developer?

I went to the office located at Ivory Plaza asking about available unit and price. They still have many units not sold out yet even start launching 2013 (2 years already). In fact, I am worried with this developer because this is the first high building project (36 storeys near hill-side if not mistaken) they handle. Usually they handle landed properties. Those who wanted to buy, please think properly. Just worried you spend nearly million ringgit, get disappointed product and cant sell out.

JackPg :
The developer and sales person dont give you a feeling of believability. Better stay away.

I still remember when i collected my house key few years back, there is one sales rep name Ch Tan, he is so rude and shows no responsibility by giving excuses when i questioned him about few things of my house matter.

Buy to flip? Dreaming lah…….

I was at the site asking about the details of d property, the sales person name cun wah is damn lan si, if he think only rich people can buy his property, then dont publish at newspaper. Kind of look down on people as we were only wearing t-shirt and short. this kind of sales person is a nuisance to the company, shit p!

EP :
I went to the office located at Ivory Plaza asking about available unit and price. They still have many units not sold out yet even start launching 2013 (2 years already). In fact, I am worried with this developer because this is the first high building project (36 storeys near hill-side if not mistaken) they handle. Usually they handle landed properties. Those who wanted to buy, please think properly. Just worried you spend nearly million ringgit, get disappointed product and cant sell out.
</blockquot
Landed property also built like shit, talk about high rise.

@BM
yes agreed, i called up to ask pricing as my family interested on this project but he just said come to my office i only tell. Anyone can share the price & promotion? Prefer smaller unit below 1400sf

@Alex Tan
bought 15 units in your dream ya?

Alex Tan :
@lalazai
Flat ?? bro, my group of investor bought 15 unit on last week la….

bought 15 units in your dream ya?

This developer record is not so good

Think properly before you buy!

Property Follower,
For those who has signed the agreement, I hope the developer will deliver what they promised. For those who haven’t, I hope you reconsider your decision and do more survey and get advice from people in property line. Eg. experience property agent who has no connection with the developer or anyone who had bought their previous project in mainland.
Yesterday, 30th of Mar, Wednesday. One of their development in Southern Seberang Perai was highlighted on 10.30pm NTV7 news. Delivery of VP before CCC submission to MPSP. All owners affected as those renovation submission by owners were rejected by MPSP. For those whom renovation in progress having risk being compound and had their extension and construction remove.
If this developer did not cut short all these processes, they might need to pay more compensation due to the delayed of delivery. Delay compensation from this developer is common. Do follow closely if they can deliver VP on time and is the construction reach the state that they actually claim. Do they stamp your S&P timely or stamp it months or years after you signed.
Buying a property is a complicated process and knowlegde to many. I hope first time buyer to be caution and don’t fall into the prey by this type of developer who solely focus on sell first and see how later. Please look at the state the project are constructing now and how long the first batch of buyers has first sign their agreement until present.

30% still not sell out yet up to now….now they propose RM 650 sqf. The price will be RM 750k above. Who wanna buy?

helo,is the project still available?

Helo, i bought a 850 sq.ft unit (3r2b) last year, i think this size isn’t open to public. According to developer it’s going to VP around May/ June 2017, so i was thinking to let go and buy property in KL. Anyone know how much i can sell subsale price? I am not too familiar with penang island property pricing thou. thanks ya

This developer reputation not good. The project’s they develop before really poor from quality, not equal to your buying figure and people complain a lot. Think twice before buy.

Is there any residences associated group char for Starhill buyers here?

I just approached one of the sales agent, now they have smaller units @1283 sq ft selling below 700k~

I am interested on the 1283sqt selling below 700k

I am interested on the 1283sqt selling below 700k.can u share more info

When is the expected completion date?

@lau ck
Hi Lau, may I know how much is the price you get in year 2013? I am like planning to get one
unit now and the selling price is 700+ for 1200+ sqf

Is there any Starhill residences or buyers associated group chat?
PM pls, thx.

I’m the buyer also…would like to know got any group chat for Starhill residences ? PM pls, Thx.

@Mike
Hi, Mike. Are you the Starhill buyer ? I’m the buyer. I also looking for the group chat of this property.

When complete

What happened to this condo? Why is it listed as “Sakit” by KPKT ?(http://ehome.kpkt.gov.my/index.php/pages/view/79)

Because delayed .

I am interested with this, serious seller please contact me. Price should be below 680k. Thanks

what is the size of the 680k unit ?.

Hi, Are you the Starhill buyer ? I’m the buyer. I also looking for the group chat of this property.

whats the status of this project ? it seems to be stagnant or moving very slowly. Arte S purchasers have already taken VP some time back and this project was launched more or less the same time as Arte.

I am one of the buyers, thinking of joining a chat group if any available.

Hi I am a buyer too. If anyone wants to start a group chat please add me.
To keep the ball rolling, if anyone can send me your number I can start a WhatsApp group.
tommypgproperty@gmail.com

@Ng

Hi I am a buyer too. If anyone wants to start a group chat please add me.
To keep the ball rolling, if anyone can send me your number I can start a WhatsApp group.
tommypgproperty@gmail.com@Eco friendly

@ewe eunice
Hi I am a buyer too. If anyone wants to start a group chat please add me.
To keep the ball rolling, if anyone can send me your number I can start a WhatsApp group.
tommypgproperty@gmail.com

@AK
Hi I am a buyer too. If anyone wants to start a group chat please add me.
To keep the ball rolling, if anyone can send me your number I can start a WhatsApp group.
tommypgproperty@gmail.com

@Mike
Hi I am a buyer too. If anyone wants to start a group chat please add me.
To keep the ball rolling, if anyone can send me your number I can start a WhatsApp group.
tommypgproperty@gmail.com

Already sent my contact to tommypgproperty.

Any comments on this project? i went to see the actual unit and found that the swimming pool is not like what the developer showed at the booklet