Tropicana Bay Residences @ Penang World City
Bay Residences, the phase 1A of Penang WorldCity development by Tropicana Ivory Sdn. Bhd. Strategically located within Bayan Mutiara, a new development hub located in the eastern part of the Tun Dr Lim Chong Eu Expressway and in the vicinity of Sungai Nibong. Comprises four 22-storey residential tower, with condominium unit size ranging from 455 sq.ft onwards.
Property Project : Tropicana Bay Residences @ Penang World City
Location : Bayan Mutiara, Penang
Property Type : Residential
Land Tenure : Freehold
No. of Blocks : 4 blocks of condominium
No. of Storey : 22
Built-up Area : 455 sq.ft. – 1,945 sq.ft.
Indicative Price: RM359,900 onwards
Developer : Tropicana Ivory Sdn. Bhd.
Register your interest here
Contributed by reader (Update – 02 Oct 2013)
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Hahaha……haha………..a condo or a flat ?
so ??? what ? why so sacastic???
You called it sarcastic ? It’s a pigeon hole in disguise to misled buyers !!!!!
Buyers, have you pay the fee for State Authority Consent to Transfer?
Need to pay for SPA or loan agreement? or both?
I’m going to let go of my unit, block e 6th floor no8. 875sqf
@jenn
how much u want let go ?
i saw the Test Pile will completed soon .. all the piling frame is ready there …
@islander_ori
I only pay 1 time, they include in the loan lawyer charges there.
** I wonder if buyer cash buy the unit and not take any loan, is it means no need to pay anything?
@cm
Nowadays the pilling phase is not making noise ya? Pass through few times cannot hear POM POM sound already.
Look like this project use injection method … don’t have any sound (Minor only) … But more expensive and more Accurate…
yeah, i stay nearby. don hear any loud noise on piling at all.
How is it going guys? I havent been to the site for a long time…Any latest updates?
Dun think much progress yet..
Not see much worker in there yet.
Its already 12 months since we got our stamped S&P right? countdown to the next 36months for completion. If not, compensation!!!
The slower, the better since the market slow down now.
No rush.
Hope can .. 慢工出细货。。。
How much u letting go ?
@jenn
@cm
Ivory always very slow.
Intend to let go my unit, paid 5K booking fee. Block E mid/high floor 872sqft facing pool.
@TSP
you just book recently? else how come Ivory is not chase after you for subsequent process like SNP singing and loan agreement?
does they allow to transfer unit? last time they told me not allow ee..
How much tsp?
@Ccs, i bought it on last Sept. You may email me eric66tan@yahoo.co.uk if interested. Just want to get back the booking fee.
reclaimation of land will start once approval is obtained. Condos, iconic office, entertainment centre, hotel, medical centre and international school will be built according to report by theEdge daily today.
Who will build it, Ivory or Tropicana. Don’t think they can do it as the market is too slow now.
@LeeKK
Both. JV mah!
any status and progress updates on site? And how’s the sales going on? Any new promotions? Etc
Bought 615sf. You may email me mycherrytrading@hotmail.com if interested.
@Calyn
Bought recently?
Anyone know how much per sqf?
933.36/sqf for 615sqf
Anyone would like to let go unit with 615sf, please let me know via email skmart4u@gmail.com
@SK
which floor?
which floor?
which floor?
@islander_ori
16 floor
@Hello 615
You still have the unit with 615sqf with price 610k?
I am interested, please contact me at 0124683680
@SK
What is the developer’s price now?
More than 680k and no good view and afternoon sun
@SK
Did they still have unit with 872 sf left? I think generally the smaller sf unit per sf is very high.
Yes. Still have i believe but not to my budget.
@SK
615sf BLK C still have 14th 1 unit only.if u want faster.
662k 8% discount = 610k.
Facing west right?
BLK C 615SF 2 TYPE ONLY , facing NORTH OR SOUTH
I have 615sqf to let go. Block C 16 floor, no afternoon sun
Just want to get back 5k booking fees, anyone interested, please contact me
This is YL for the posting above 16 floor block C. Please email mycherrytrading@hotmail.com if anyone interested. After rebate the price is around 575k
http://www.ivory.com.my/our_projects_files/Tropicana_BayResidences.html
This page have show 1 picture for latest site progress.. I notice the min selling price is 200k.. dunno who is the lucky one who get this price.
Tenure of Land: Freehold. Expected Date of Completion: September 2017. Selling Price: RM200,000 (Min) – RM1,721,125 (Max), RM956,125 (Std)
I think is Block F sale RM200k……
not possible RM200k for block F which is going to launch in Feb.
@ANDY
Flat?
BLOK F will be same range with BLOK A,B,C,D,E which inform by Sale Person. Don’t know is correct information not. No more Medium cost at this area. Change to another Place. Feb 2015 will know ……
Since this is going to be million dollar condo, can they build something timeless…is bayswater a good benchmark to beat???
@islander_ori
Says there 6 blocks of luxury condominiums, so not flat..
Saw banner on the street said last block is being released.
Is it Block F?
Officially preview of final tower is available in sales gallery on 7 February (Saturday)…
11am to 6pm..
800k onwards?……how is their block-E sales….still soften ?
So I received e-mail about the launch tmr for the final block on TBR. I wonder how much and what kind of unit size will be sold. Any idea anyone?
At least good thing no affordable nor flat within the same perimeter.
Smallest 400sf and biggest 800sf. As advertised 400sf cheapest 454k less 10% + 5% + 1.5%. Net from about 380k. Semifurnish. Seem lower psf than 455 studio.
@blkF
Those bought previously will regret. Anyway, the lower price doesn’t guarantee sales nowadays.
Let’s see what happens tomorrow?
Rm380k for 400sft is still expensive. I bought my 455sft studio unit for rm340k after discount.
It’s time to go out there and make money guys. All the best!
Went to the sale office. Saw only 1 couple is asking for the info.
Overall, it is not cheaper than previous blocks.
whole block is studios and 1+1 bedroom….not cheap though….
got rental market for studios/ 1+1 in these area?
The Light Collection-2 studio also got no demand…
@joe
No real demand at all for these units from genuine home occupiers. You can only sell this type of crap to speculators. This is small town Penang, not the Big Apple New York.
And in the meantime, Ivory (the company who cooked up the whole Penang World City bullsh*t) is planning it’s exit from Penang, while Tropicana is owing creditors too much money.
God bless Penang World City.
It’s obviously better value for 400 sqft. Price around 380k, semi furnished, better layout. Much much better than the 450 sqft previously launched.
Never mind laa …. Tropicana boss punya brother have a lot of cash ….
who know this block f , 2 bed room prices and s.f ？
@Lam
The 455sft studio unit has a kitchen. So it’s semi furnished as well. Nevertheless, the extra rm40k for a smaller unit of 400sft is certainly not worth it. I am not sure how you see it as better because investment wise it is certainly not logical. Besides, it doesn’t take much to Reno a 400 or 455sft. So the extra money paid for a smaller unit is certainly not worth it.
back from the sales office.. seems the 800 sf unit sticker up more ..
400 /500 sf still lots to choose..
Price before discount
400 sf (lowest from 453900 to max 485900)
550 sf (lowest from 604900 to max 636900)
800 sf (lowest can’t see as sticker up to max 847000)
380k for 400k plus semi furnish with kitchen .. I think is ok la.. coz not much people can catch the first block A/B deal.
Just that this is really for super small family, either single, new married couple. Not for family.
@Lol
Previous 455 sf got semi furnish keh?
The 400sf at blk F has better layout than 455sf, and face east and neighbouring asiagreen facilities vs west and hiway for 455sf. But psf is high though. Total 68 units of 400sf
i rather choose imperial residences at relau 1100sf for 5++k with 4 car parks
So small…how to live…@.@
455sf where got semi furnish lar…previous block A B C D E all non-furnish….
80% of the 800sf units were block purchased by insider at RM580/sf.
@ricky
Typical Ivory style. The question is why not 100% block purchased?
Any buyer for Block F?
wow……800sft unit sell to insider for rm580psf, but yesterday sell to public to rm870psf (after all discounts)……a massive rm290psf earning!!
really easy money for insider @.@
380k buy a hotel room + interest during construction + interest pay to bank, stay at hotel everyday much cheaper:-D
I wonder if LRT will stop by Bayan Mutiara or Isetan, cold storage, will be here?
I heard about Tangs name mentioned though.
@joe
Sure? It’s quite a big discount to 30%, much bigger than typical 10% staff disc.
@joe
Every developer will do the same thing.
This is so called “Kang Tau”.
Whether “kang Tau”or nor, it depends on timing. But the main purpose of doing so is to get the bank providing the bridging loan for the project to release money to developer. The banker for the project releases money based on the % units sold to manage risk. Without the money, developer might have problem paying contractors and suppliers, unless it is super cash rich, which probably is not the case here.
Seems like the profit of this condo project is still very high since they can give such high discount. Don’t know why most developers still claim that the cost is too high for new projects.
@kok
Ah boh then, what do you expect them to say?
U seemed lost. You are at the wrong page. Choose imperial residence from the list of property on the right side.
Dude, i thought u work for asia green? Y didnt u bought asia green property since u said the view of TBR will b blocked by QWR?
@joe
I am referring to the previous @Lol post.
He say
“The 455sft studio unit has a kitchen. So it’s semi furnished as well. “
@tomyam
Yes I know, I am replying to Lol’s statement also
anyone bought the 400/550/800sft units? minds to share why u purchase it? own-stay / investment?
I bought 400sf, for own stay when outstation and holiday.
@goh
Do you realize that with the RM350k that you pay for this shoebox unit, you can stay at a 5-star hotel in penang 30 days every year for 30 years? And over that 30 years, you can stay at all the different hotels, new hotels at prime locations. Whereas if you buy an apartment for holidays, you’d have to stay in the same apartment over and over again over the 30-year period. Worst still, by the 10th year, your apartment is already almost old. And if you think you can sell it later if you get tired with it, please think again. No one is going to buy an old shoebox apartment from you.
@chun,
You have valid points. I told my friends the same when my friends bought studios at Light collection few years back but now…
@pwc
Yes i know, most buyers who bought The Light have big regrets. Apart from the dust caused by highway and the never ending construction around it, it seems to be far away from everywhere. It’s neither near to the heritage area, nor the famous scenic batu feringgi coast line. That probably explains why most units are vacant,even during the holiday periods.
Wow, for an instance, I was about to cancel my 455sq ft bought at RM310K after long Q/fights in Penang Times Square. Chun, you are good. Really. Compare with 5 star hotel rate, etc etc.
But, wait a minute. I am also the first owner of D-Piazza Condo. Bought from developer.
Early price was RM240K for a 1300sq ft. At that time, more idiots like you, Chun with all sort sour grapes comments, every thing is not right, even location at Bayan Baru also they were capable of producing negative comments…….Simply stupid to buy D-Piazza Condo
And now, if I were to let go my D-Piazza Condo which was rented out from OC until now-I earned RM400K cash profits. Nett.
@chun,
I meant the other way..those who bought Light Col2 studios did very well.
@stella
310k was which floor? You got a great deal
@Stella
Comparing a 1300sq ft. for RM 240K to a 455 sq. ft. “pigeon hole” for
RM310K ? You must be nut !!!! This time around your investment is
doomed.
.
@Stella
so lucky to get the 310k…. I am there too late!
gotta take forever to build!
they are acting only
I don’t mind they take longer to build, the later, the better.
If exceeded 3-4 yrs, I will get a big any pow from them. I think Berjaya’s boss borther would run away from this projects.
Heard both Tropicana & Ivory also don’t focus on PWC …. not a good sign for us.
@Stella
Actually it doesn’t take a genius to figure out that 5-star thingy, all you need is common sense and basic maths. But it was very brave of you to admit that it was something really worth noting. However, maybe next time you should not use your sour grapes accusation so early because people normally do that towards the end of an argument when they run out of sensible facts to reason.
Buying a condo for vacation is like paying for your hotel room stays 30-years in advance.
I would draw a parallel between this and time-sharing vacation membership, Leisure Holidays. Not sure if you are old enough to have heard of it, but it was “sold” as a good “investment” during the 80s.
You pay a one big lump sum to purchase the membership that can be resold later at a profit, while enabling you to stay at affiliated hotels all around the world for free when you’re a member.
It was a popular investment scheme during the late 80s. But today, most of these affiliated properties are so old and run down that you wouldn’t want to stay there even it’s free. Making a profit for selling your membership? Dream on! Oh by the way, Leisure Holidays was a Berjaya product. Hehe.
With the invention of internet hotel bookings, hotel rates have never been cheaper and making a reservation has never been easier.
Chun, after 30 years, you can pass the hotel room to your grandchildren or not?
Like that, you can rent house forever la. No need to buy la as you can change your house every 2 years. What an idiot pretending to be smart
Stella, i was there during soft launch.
I believe you are the first group, already there from 5.30am, as i was told by one of your group members. Good for you to grab the limited edition 455sq ft at low price.
Your D-Piazza condo purchase also a good investment decision which comes once in a life time.
Anyone know latest price for 605sqf unit?
Went to Gurney Plaza roadshow today, The sales person only emphasize on the ROI and so rush to close the sales. Ignored many question i asked and i walked away eventually…
i also have 1 unit at block d lower floor with garden unit…
Received email from Tropicana Ivory that foundation completed.
First 10% of loan to be disburse.
But i was wondering, for disbursement after april, will gst be imposed?
@Joe
When do you receive the email?
Your loan documentation completed?
Need to call the lawyer for loan.
@islander_ori
when did u purchase? how come so long time never did your loan agreement signing, although the foundation already completed ?
@Joe
wow.. so fast?
with this speed, will it be possible before is ready earlier 2017 or even 2016?
oh no.. my cash printer ink not enough yet.. must fast fast and continue to print to catch up the speed.
@islander_ori
I got the email on last friday. I think my loan thingy is ready. CTS should disburse the progressive payment when they receive the cert from Tropicana Ivory.
@tomyam
I hope above 48months. Im not in the rush at all.
@doggy
I bought end of 2013 and signed the loan documents last year.
It is pending for the state consent letter from developer according to the lawyer (not CTS).
How about yours?
@Joe
Have you check the status of loan agreement with CTS?
@Joe
Original have the same thinking like you as I am even in DIBS scheme. No payment until project ready. But the best should be project on track, not too fast and not too slow. Fast $$ not yet print out all yet, slow we might have other worries like project abandoned if there is any economy crisis. So on track is the best.
@islander_ori
Will check tomorrow.
But through my experience, lawyer only work on this loan topic when developer start asking for money. So should be ok.
@tomyam
Yes sir. Left 30months to completion!
But one thing about DIBS, so how does it work for this project? we pay first then claim? any idea?
No need
No need to do anything on your side.
You still have to serve interest for MRTA and lawyer fees if all included in the loan package. DIBS will not cover that. It will start when first disbursement done by bank to developer. I received a call from bank today.
Checked with CTS and tropicana as well. No actions needed from my side.
I think you are right. DIBS may not include interest for MRTA and lawyer fees. Best to check and confirm with Tropicana to see if they bear it.
Received letter from developer that request 10% from banker. Due date 15-Apr.
@islander_ori
me too. Do you think we need to do anything just to ensure bank pay on time?
I saw there is a statement is late will kena 10% (annual rate)of the amt .
@tomyam
We need to confirm with the lawyer to ensure the loan documentation is completed and call the banker.
just need to ensure lawyer do their work in time.
Just curious, does anybody know if lawyer made a mistake and didnt get the bank to disburse the fund in time, can we seek compensation from the lawyer?
i received the Mail From Tropicana Ivory Sdn Bhd…
Just request 0.07% for the Work Below Ground….
Any person get the same amount ??
@cm
Your loan is less than 90%?
@islander_ori
try to call the lawyer firm.. they say generally all should be ok.
but I did tell them to call me and verify again when maybank pay it. (just gv them my unit number)..
**first time buy house.. feel no visibility on those payment stuff.. worry .. haha
wish maybank pay on time.
@islander_ori
CTS say their letter will be out to Maybank this 2 days.
my Loan 90% ++ ….
I can see bank loan account. 10% already disburse.
My loan documentation is processing still.
Keep pushing the lawyer.
@islander_ori
Then really need to keep calling them to avoid any late charges issue.
hi all,
can someone help me understand how the DIBS interest pay by developer?
is it they will help to clear the interest every month or they will one time off clear the interest when reach certain stage?
coz I receive maybank letter indicate the interest charge for the first 10% disbursement already.. so I wonder in actual when developer will pay
Finally, 10% disbursement has been released by Maybank.
@tomyam
I saw RTA PREMIUM DEBIT in my MBB loan account.
Do you see this as well in your account?
Shall we pay that amount?
No. I dun see that. I only see this 2 transaction.
Ivory should pay the item MONTHLY INTEREST. But until now did not see they pay yet. Yesterday I got call Ivory billing dept and they say they are in progress to made payment on it.
Teoratically since we are in DIBS, we should not pay anything so that we can very clearly see which one is the interest charge.
Btw, what is RTA stand for?
MONTHLY INTEREST RMXX.XX (Interest of first month)
ALLIANCE BANK BERHADTROPICANA IVORY SD RMXXXXX.XX (first 10% disbursement)
@tomyam
I guess RTA refer to MRTA.
Need to check.
@islander_ori
Oh.. you are putting MRTA into the loan? then it makes sense to pay if that is the case.
@islander_ori
Finally.. I saw the transaction, they have pay the interest. : )
@tomyam
What is the description of the interest payment? By developer?
@islander_ori
MISC NON CASH CREDIT
By the way, the show house unit for PWC is ready, I saw their facebook page is displaying all the picture for bedroom, kitchen, living room etc.
This weekend, you are invited to the unveiling of the show unit for Tower F happening at Penang World City Sales Gallery.
Each Tower F unit will be partly furnished for a comfortable and hassle-free investment! These irresistible offer are not to be missed!
Do invite your friends and loved ones to the said event. The more the merrier. And refreshments will be served as well.
@tomyam
Do you include MRTA into your loan?
@islander_ori
Nope.
Its been a long time since the launch of TBR and until now only A-F is open for sale.
Have you guys heard of any other new launches with regards to this penang world city? Seems like pretty slow progress for the whole development.
@Joe
Looking at the progress of the construction, it is running full steam now. If they can sustain the same speed, it should be no problem to complete within the next 3 years.
As for the future development, especially commercial, it is still no news as of now. At least I heard that they are currently submitting plan to build another sales gallery, within the PWC precinct. To cater for what purpose is still unknown, but as there is already an existing grand sales office in place, this can indicate another development is coming up.
@tbr
Hmm… another sales gallery?
might be for macam macam show house/unit purpose?
Actually I wonder in future, what is the plan for sales gallery there? I like the seaview there so much.
I like the seaview at Asia Green’s sales office better (Jalan Ahmad Shah).
@tbr
Haha.. as long as seaview.. I also like..(may be due to never have one, so like it)
but a lot of people tell me is not easy to maintain seaview unit…
Just curious, for those who bought MRTA, can this use to deduct income tax at the insurance column?
@tomyam
MRTA can not be deducted for tax purpose.
Visited their sales gallery and show units last week. Around 50k price increase in Block F compared to the rest, but comes with kitchen cabinet, and appliances worth around 20k. Layout slightly better and most importantly, further away from the highway.
Sales is not so good, less than 50% sold.
That why the entire Penang World City cannot fly ….. Tropicana Ivory the Joint Venture Company now force to cut the land pcs by pcs and sell it to small player, which will result with PWC may not be a very good town ship planning if compare to The Light & Sri Tanjung Pinang.
Kind of disappointed
Ever since Tropicana Ivory sell the piece of seaview land (in front of TBR) to Asia Green, I already lost faith with PWC.
Where got people sell a better piece of land to other player and let them block all the seaview ?
Such a brainless decision, and they piss off their earlier buyer who hoping to see seaview.
This PWC is destined to be a failure, just like their own Penang Times Square legend…
@deon
TBR buyer should know from day 1 we dun hv seaview unit. No matter it sells to Asia Green or Ivory build itself with block G, H, I , J there.
All those block will also block A, B, C, D, E, F.
Like that no gain for early birds…
@Leehong
Early birds got early burns!!!!!!!!!!!!!!!
Normally, now the condition same as 2008 …. got people like to buy and also got people like to comment … but, after 10 year … many people will say …. “Why i don’t buy last 10 year ago” …
Like The Light & Sri Tanjung Pinang … At the FIRST blok sale … All people also say …WHO WANT TO BUY … SO EXPENSIVE ….. But, now ….. How ?? All people know it ….
Buy or not buy … depend on the buyer holding power …. If we can Hold it with $$$ Problem … Anytime got GOOD location … always is GOOD timing to Buy in ….. For people always Prepared … Always is the Winner
Hahaha cm, i like your comments
Property is a long term investment, There will definitely be up and down times.. the best time to buy is when one can afford to buy and afford to hold.
@ko
Hmm agree..
Holding power is important.
And also get one when bank still willing to approved your loan. Nowadays, getting hard and hard to get bank approval. If bank does not approve the loan, then how good or how much you like the property also useless.
@tomyam
I think PWC will become Penang Kampung City.. Ivory..i really worry.
@Kung
Not Bad leh.. Penang Kampung City… imagine you get to live in nature surrounding yet having all the luxury you need. Perfect for both own stay and investment.
please carefully check the interest amt charge by bank VS developer pay interest.
I notice mine have some difference and is in the process of verification with bank. (developer ask me call bank myself >_< )
@tomyam
What exactly happen?
My loan account was charged for monthly interest but developer still have not credit the interest payment.
How about other buyers?
@Joe
Eg: Bank charge interest 100.50
Developer pay 100
So i saw there is a 50 cents gap there.
Anyway, after calling each party, they already pay the 0.50 gap. I think we still need to monitor and if any issue, call them immediately. At least month by month is easy to trace.
@islander_ori
My account can see developer pay already. *Date yesterday 19 May.
@tomyam
developer has paid the interest after banker called them.
Saw the construction up to level 3 (car park) now.
@islander_ori
Thanks.. so all good to go..
Is there a FB page created already for TBR owners?
Finally I went to visit the showroom. Kinda like the 550sqft unit. My point of view, the layout is quite good with the kitchen isolated. Its a good option for retirement with a small and easy to maintain size.
@Bryant
Do agreed with you that for retirement, it should be good enough with 550sqft.
May i know how much psf and if the unit got any sea view?
Penang really is a good place for retirement. It will be better if the Gov can improved the road condition……
Price about rm1kpsf. That is after 8+5+1.5% discount. No seaview though. Unit partially furnish..
@IsaacTan
Better dun expect seaview for the current location as for TBR will be block by future other project. They will hint you “may be” some angle can see slightly seaview..but dun put hope then you got bonus if you have.. if you put some hope and it end up nothing, then will be upset.
Hi to all PWC potential buyer.
I am given a cash reward of RM5K with any referral of friends that purchase PWC units.
Strictly within 15th June to 15th July. We can work out to share the 5K.
Kindly contact opeklai@gmail.com if you interested. Thank you.
thank you.
Hi guys, any one who wish to buy can use my name as your referral.
Out of RM5K reward, you will get RM4K and I will keep RM1K.
Email me at chinkokmeng@gmail.com.my if you are interested.
Consider me as referral, I only charge you RM800, the rest RM4200 you can use for your renovation. As part of the service, I can also recommend you good bankers, and also offer free consultations on any queries you have on home purchase. 童叟无欺，Cheers.
summerplc6@gmail.com
All existing owners entitle for RM5k rewards as referral.
@islander_ori
Just wonder suddenly so many owner pop out.. at least saw some new face
If there is a group page setup for genuine buyer is better. Any least when really have serious topic to discuss can gather the team together.
Chinkokmeng@gmail.com, I already send an email to you regarding the sharing reward yesterday. please respond if want to proceed
@Purchaser
summerplc6 gives better deal.
@tomyam
May be most of them are observers and only pop up to get the “rewards”.
I wish to join group page as well. Any owner has experience to setup this?
I am open to any suggestiion of sharing of rewards if you are a purchaser. Pls email to puramutiara@gmail.com with your offer.
For new purchasers, you would be at a great disadvantage if don’t opt for this special referral reward. I am sure the developer has already factored in this 5k in the selling price, so it is only make sense for you to claim back the money to make a better use. Cheers.
No one contacted me guess no one is buying.
Omg…i just paid booking fee for an unit today..and only found out this forum and the referral rewards program now..not sure still entitle the reward program???
@picnic
I heard recent hot topic is tamarind. they say tamarind 2nd block open for sales and price up 200k compare to block A.
I just really wish the new purchaser for PWC is really for own stay. Then the value will be there as there will be lots unit OC by 2017.
@islander_ori
How about you setup one in FB? haha
Consider me as referral, I only charge you RM800, the rest RM4200 you can use for your renovation. As part of the service, I can also recommend you good bankers, and also offer free consultations on any queries you have on home purchase. 童叟无欺，Cheers.
opeklai@gmail.com
Hi potential buyer, you may use my name as referral. Email me if you are interested. We can discuss on the reward sharing.
Email: yenhan88@gmail.com
Hi, anyone can advise on the MRTA.
It actually starts from the SNP date or starts from the first disbursement?
I have just paid for the MRTA recently but SNP signed a year ago but the CIMB bank alliance insurance company- Sunlife started to enforce the MRTA date as per SNP date.
Is that the normal practice?
Thank you.
Dear All TBR Owners, I wish to verify if there will be a very big scale of Power Station next to the land of the Block A and Block B? Thanks
You can go to the TBR Site take a look …
The TNB BUilding Construction is in the Progress…
Just Next to the Blok A & B …
Any Problem ??
and
MRTA start When the Developer Start The Building Construction & Claim their Loan Payment ….
Its not power station…its called GIS substation..about 3 storey building and you will not see cables or transmission tower. The nuisance is more the highway noise.
Btw is the 400sf studio now exceeding 1000psf net? Somehow the Ecoterrace has brought up the psf psychological level..
@cm
Thanks CM.
There was someone told me there will be a very big TNB station there and my concern is about the health which could be caused by the radiation if stay too close to the station and off course this may affect the property price appreciation also I think.
@pwc
Thanks PWC for the clarification:)
Regarding the MRTA, I purchased through CIMB bank under self-finance mode.
The insurance company is called Sunlife Insurance.
I have just paid the premium in July 2015 but the insurance effective date started from May 2014.
I do not understand why the insurance company started to cover (a year ago) even without having paid the premium.
Checked with them, they said yes this is their company policy, owner will get covered based on the letter of offer date even though haven’t paid the premium. If anything happen during this period, owner is actually able to make claim.
Is this acceptable? Or this is just the excuse? I do not believe that one would be able to claim if anything happen during the period (before paying the insurance premium lor…).
Anyone has similar experience, would please kindly advise?
Anyone know this is residential lot or commercial lot? Heard commercial lot more than 500k need to pay 6%GST when selling.
@ong
residential lot
Can anyone confirm if the referral program for Tropicana development owners still on as buying a unit in Block F?
Also did anyone get any further discount for being a Tropicana Loyalty Card member ie 1.5% for ‘Priority Card’ and 2% for Gold Card etc?
The sales exec at the latest sales booth at Queensbay Mall on 30July 2015 says no.
I think the referral programme ended.
Not sure on further disc to card member as we are yet card member. You can always check with their asst mgr/mgr Lisa to further confirm.