Prominence
Prominence, a mixed development by Bionic Development in Bukit Mertajam, Penang. It is strategically located with easy access to Penang Bridge via Jalan Baru and mere minutes drive to AEON Seberang Prai City mall in Bandar Perda.
This development comprises 24 units of 3-storey shop-offices, 19 units of 2-storey shop-lots and 412 condominium units with condo facilities.
Property Project : Prominence
Location : Bukit Mertajam, Penang
Property Type : Mixed Development
Tenure : Freehold
Built-up Area: approx. 1,000 sq.ft. onwards
Total Units : 412
Indicative Price: RM 300,000 onwards
Developer : Bionic Development Sdn. Bhd.
Location Map:
AEON Seberang Prai City or Seberang Jaya City Mall???
@valkjr
near Jusco Bandar Perda.
what is the selling prices???
lately all mainland launches are condos..
@valkjr
Thanks for the catch. Updated.
That area look like a lot foreigner? Bangla area, maybe can rent to them..
This area no foreigner larr bro! Hard to see foreigners at JUSCO or Bandar Perda. This is not Juru or Perai
near to sunway wellesley?
Condos are residential title or commercial title?
412units consider very high dense for mainland condo…. 300psf, Not worth to invest!
near Lavino furniture store
We’re going to end up like the city of Ordos in inner China with a forest of empty luxury condos. Located too far from Jusco to take a stroll there in the evenings. Located relatively near the low cost Apartment Permata and high subsale Condo Mutiara. Waste of money. Bionic Development? The name say’s it all. Suspect.
Hi peter,
Even if it’s not that far from Jusco, should avoid walking by all means. Your LV (since it’s a luxury condo right?) will get snatched in no time….:)
Why suddenly so many condo coming up in mainland area…. The developer is making easy money by selling condo with RM300psf…… u guys better think twice lor before buy…. mainland people more interested with landed property…. some more the proposed area is near to Alagapa’s mill
Hi KC,
It’s useless to warn people to be careful when generally things look rosy. The same thing happened during the early 90s before 1997 asian crisis. Whatever you sell, people will buy. Whatever concept you sell, people will find a reason to accept it…..:)…Those empty apartments and bungalow lots at bukit merah and all those golf courses in the mainland are just not enough to remind them of how quickly things can turn very sour when the hard times come.
Plus, you actually have a new generation of investors buying properties right now, who do not have the experience. Those who learnt their lesson 15 years back could already be wise enough to truly understand the meaning of Location, Location,Location…..:)…Happy Investing!!
FYI. The parent company of this developer – Metech is PN17 company, get delisted from KLSE on end of 2011.
http://bionicorp.com.my/index.php/about/profile
http://www.metech.com.my/investors-relations/annoucements-fy-2011.html
is this developer good? i’m interest to look for a unit.
@edwin
Look for other project, this is first time developer, hv drop by to their office at KWSP building for enquiry before. This company management was no experience and not professional…
Jusco will move to alma..
@edwin
The developer did offer a very attractive package to the buyer and a lot of unit have taken up. For unit at level no.7 to 12th, you only need to pay RM 5k until Vacant possession, the developer will absorb the 10% down payment as well, consider as early bird rebate discount. They have road show at queensbay this few days. All unit pricing at 300+k sold off, left unit with starting price 400K onwards. You can go there to have a look. Hope this info will help you.
@Kelvin
thanks for your info. will go QB to have a look.
I heard IJM got share with this project, it’s true ?
anyone can advise if investment for this condo?
High tension cable in sight?
i booked one unit at queensbay mall. Only pay 5k, that’s all for the next 3 years. 3 years later, i believe property price will be different, at up trend. just 1% price increase i also earn near 100% return if i sell. worth to invest.
property price can be 50% also no joke.
@chai
I also booked one unit at level 11th, type C. How about yours?
@Kelvin
i also book 1 unit at 12th. which tower do you book?
1) May I know the rebate is 10% or the 10% minus RM5,000?
2) So, is it confirmed that all units priced RM300k+ all sold off, just left with RM400K+?
3) Type of title ? Residential or Commercial?
tq
@Kelvin
i booked 10th floor, type A.
@Als
1. the rebate is 10% minus 5k. meant instead of pay 10%, just pay 5k.
2. not sure. sometimes developer play treat. invest on your own judgement. What i know is :type A is 400k++ with 2 carpark. type B and C smaller size should be 300k++ with 1 carpark. type B and C after pay 5k, still need to pay 3%. mean only 7% rebate minus 5k.
3. Residential, free hold.
base on the after rebate price and the square feet, ~RM260/sqf.
@Als
pay little extra of RM50k u can buy 2 storey house at Carnation Villa @ Bukit Minyak (behind Aeon Big hypermarket), gated & guarded with facilities such as swimming pool, club house etc. Decision is in your hand
There are no changes to the house price @chai
@ABC
Thanks, ABC. Plan to do some survey before action.
carnation villa 550k for smallest inter double storey, not extra 50k but 150k ==
@lalazai
i saw a lot of bad comment about the carnation villa.
@lalazai
RM459k for intermediate unit (22′ x 48′), instead buy condo for RM400k at prominence, i suggest just add extra RM50k to buy landed property. RM550k is inter-corner unit (built up 29′ x 48′) or corner unit about RM560k (22′ x 48′, land size is 2420sf)
@edwin
every project launch got positive & negative comment, most important the negative feedback that voice out by buyers could lead developer to change & improve, OMax always listen to feedback from buyers, however, sometimes it cannnot satisfy everyone.
@als
More info about prominence for you to do the research.
https://www.facebook.com/pages/Prominence-Condominium-Bukit-Mertajam/212253275607172
@Mok
no more 459k, price ady increase intermediate unit 550k, corner unit above 700k, launch so long d but still gt 20+unit available and price ady increase 100k, look like mainland ppl prefer condo than landed property may be they boring stay landed house d, only island ppl those never stay landed house will prefer landed property ==
@lalazai
increase 100k? i bought intermediate unit when launching (in Feb 2012) only RM409k. Omax seldom adverstise their project, if u say ppl prefer condo than landed u r wrong, either investor or who want staying, always prefer landed property (especially gated & guarded with facilities) more than condo in mainland becoz appreciate value faster than condo. Another good eg are Tropicale Residence(95% sold out) & Hillpark (99% sapu habis), both gated & guarded landed property with facilities.
important is the package, u know la. initial payment is difficult for many ppls. what are the package offer by developers on the landed properties?
Initial payment? No worry la..Many developers provide ZEC package, free s&p la, loan and legal blah blah blah, sumore rebate in deposit, ohh yahh DIBS still applicable..
This location seems definitely one of the best.Since it is located at BM outskirts ,it is can be near to Butterwoth,Seberang Jaya,Perai,Permatang Pauh , Bandar Perda with government offices, Autocity Juru , Penang Bridge if you compare to those BM area such Alma,Berapit,Sentosa area or Bukit Minyak.
Actually Bandar Perda there is a very good location but too bad it is srewed up by poor developer Aseania.
If I am not mistaken,the Jalan Baru there going to build a Hypermarket not sure Mydin or Tesco Extra.Anyone can confirm this?
@als
if you buy new property for investment purposes. take noted that landed property is 2 years ahead price. condo is 3 years ahead price. So compare the price now, condo price a bit expensive is normal.
another input for investor, buying property for rent, condo reno will be cheaper and can get higher rent rate.
@chai
Joker u..What a joke..
@limsan
Is Mydin. Another more interesting development will be building of largest mall in Penang by Belleview group. Expecting to be announce by year end.
@Kelvin
Oh I see is Mydin,actually I also booked a Type B unit 1273 sqft (Facing North Permatang Pauh and McD Perda) .Actually I plan to book Type C but as that time all type C unit already booked up.So no choice end up I need choose type B as type A and D is out of budget,hehe….
Anyway if you refer my comment above,one thing I like is the location la ,at least go anywhere also not that far,summore it is freehold residential title,because as I know la BM city and BM Makhotha is commercial title (Correct me if I am wrong) which not suitable those who buy condo to long term stay purpose as all the monthly bill accessment (electricity and etc……) will be higher.
However,I think the maintenance fees is abit high la around RM0.17-RM0.20 psf which almost same as some area in penang island .But I think is because it consists of so many facilities,definitely need higher cost to maintain.But anyone can confirm the Management will be handle by GE Tan?Because I know GE Tan manage quite a number of condos especially those Gurney area condos.
@limsan
Ya. The salesperson told me is manage by GE Tan because they are from Taiwan. Management team will be hire GE Tan.
Good to know that is manage by G.E TAN. Is ok to pay a little bit extra , at least they can maintain the condo well.
Anyone start survey for home loan d? Any good loan package to recommend and did the developer give a timeline that we need to feedback to them on the loan approval?
Jusco will move to alma but Parkson coming to replace the AEON @Ek
more info from:
https://www.facebook.com/pages/Prominence-Condominium-Bukit-Mertajam/212253275607172
u guys can go and msg that page, they reply quite fast. if you have any question u can go there check it out.
i just bought a unit at tower a type a. the price is affordable for me la, 1500 sf with 2 carpark. the other type 1 car park is not enough for me. And when i bought still got 10% rebate for the S&P with DIBS. The initial payment only 5k then can buy a house, can consider it
@Kelvin
Now BLR is -2.4% for maybank and RHB. As I know now just have 3 panel bank which is maybank, RHB and HSBC. Do anyone already get their loan approved?
As i know still got another 3 banks pending, Hong Leong bank, UOB or Public Bank but yet to confirm. no any status is about my loan still in process or what.
how much after rebate for 1500sf? above 500k?
@lalazai
type wrong, above 400k?
@lalazai
Previously for 7 floor till 12 floor is below 400k after rebate, Now all sold out alr for these floors, as per sales person.
@lalazai
Not more than 450k after rebate for lower floor.. See which floor u are choosing. As I know they will having a fair in QB by next week (correct me if Im wrong).
@lalazai if no mistaken for the 1500sqf after the 10% rebate is around 420-430k. And from my fren information there are still 10+ units available for the 1500sqf with 2 car park after all the deduction it cost around 420k-430k.
@edwin
yes they are having fair in QB on 19/9 but ofcause the price would be diff from now. So if your guys interested want to know more info about the condo u may call my fren and ask for it.
@Eric
thought property fair at QB is on 14-16 Sept. You sure they will have fair on 19/9?
@chai
yea im sure the fair in held on 19/9-22/9 at QB.
@chai
property fair will at SQ this weekend.
ya, saw the banner on the roadside. property fair in Queensbay this weekend and next weekend…
This is for which floor onwards ? Tower A or B ? Type A or D ? BTW, type A and D, which one is better/more practical ?
Anyone knows when exactly or which month this project started to offer that 5K-until-VP attractive package ? Included in this PPT column since end-Mar (even before GE13) but may not pick-up yet at time ? Do they have site/sales office in mainland ?
@BM Observer
13th floors and above…included tower A and B…for my opinion ofcuz type D is more better…because the balcony straight face to the sea side…but ofcuz type D is the most expensive type. for wat i know they still have that 5k downpayment offer…and the sales office is still under construction now…more info u can go visit https://www.facebook.com/pages/Prominence-Bukit-Mertajam/212253275607172
they got the site progress updates there.
@BM Observer
They officially open for sale to public is on 29 of August . However, one week before, some unit has been secured by buyer as they visit directly to G.E TAN realty.
The sales office and show house now is under construction at the site, probably will be ready by Mid of Oct.
So excited on the show house.
Book 1 unit thr too
Anyone get done on the loan application? How is the rate now? Between, anyone have any information regarding when is the S&P will be done?
@lee
My loan still on progress.. Now is BLR -2.4%… the s&p will be sign before end of this year
@edwin
Thanks for the catch.
i heard that thr 10% rebate almost finish already…my fren told me this 2 days they sold off 11 units…omg crazy
this property so good mer?2 day can sell so many at bm this area??
will go queensbay mall see tomorrow.
Fyi, there is a new project going to launch on next weekend at sunway carnival. Is call signature condo, just next to mydin. Mydin going to complete on 2014.
@sam
wat is the developer?
Excel Focus property (Anas construction )-the one build butterworth cargo port
@sam
if u interest don wait next weekend d, today first day launch on queensbay, attractive package rebate 8%, DIBS, free all legal fee, min 360k after rebate for ground floor around 1100sf, high floor 380k but only 1 car park, buy 1 more car park nid 20k, so 400k. feel prominence 1500sf 420k for 21floor with 2 carpark more worth compare with this. since above 400k so i decide invest landed property better ==
What is the take up rate so far? The ground floor that you mentioned mean 7th floor right? still available ? As I know previously for 1162 sq unit already not available for level 7 until 12.
I already over committed
So only can look look see see…. do analysis and share opinion.
went to qbay just now. 7-12 floor all sold. now the package is 7% discount.
@Kelvin
He mean is the signature condo promotion.. Not prominence.. I went to see prominence is about 60% sold d..
@limsan
mydin confirmed.
gsdland gonna have a project beside pinang and palma laguna condo there…
1st preview, my fren bought 1 unit above 30 floor with 2 car park 1200++sqft with 380k…worth and i miss it
i choose type c….due to budget….
Last 2 days for 5k booking fees. Now is 7% the most rebate promotion for last 2 days before we increase the price and booking fees.Type A 7% left 2 units(1508 sqf with 2 car-parks). Free legal fee, free bank legal fee, free stamping fees with DIBS. Im developer, call me for booking or ask more info. Eric Ng 011-11391983.
Sorry for correction, is 011-12391983
@edwin
Thanks. I went to the fair yesterday. Now is almost 75% sold off. The sales indeed very good. I bought type C units and only 1 car park available. I was told by the sales person the additional car park will be around RM 20K but they haven’t finalized yet.
Not sure when they can firm on this as I intend to buy additional car park.
@Kelvin
The sales so good ah… I think they will finalize all the spec and car park price soon la.. Coz their showroom will complete on oct.
Hello all, anyone interested on this project pls e-mail me, I have a unit wan to let go. thx
andy0tan@hotmail.com
@andy
So fast wan to let go already? Any problem?
nope, I booked few unit for my relative, but she change her mind, so wanna let go her unit.
wat type u book?how much?
I’m booking type B with two car park, for further detail pls e-mail me, thx.
i email you already but so far no respond. please check.
@andy
@Eric
Eric, i am also willing to let go if can have immediate return.
email me at stevanchai@yahoo.com.
I am willing to let go my unit too…
type B 1 car park…
email me at boonhoe1129@hotmail.com
@Alex
Why don’t release back to developer?
all want earn fast money….earn how much better ler?
i booked during pre launch. my unit is type A, 2 carpark. I just want to earn 10K but still 30k cheaper that current developer’s price. 😀
of cause not earn anything will hold for 3 years, since no need to pay anything until 3 years later… 😀
Really is want earn fast money… S&P haven sign aldi want sold
@steve
I’m interested, contact me at 0124945119 to discuss in more details.
@steve
sent. check inbox.
@edwin
simple mathematic in investment, hold shorterm, earn a little, hold longterm, earn more. I do believe property price will go uptrend.
@Eric
Hello Eric, I think I had reply ur email, if not pls resend ur mail to me, thx.
Booked 1 unit here, waiting for the floor plan…
Booked 1 unit with 10% rebate, lower floor…plan to rent out after completion. Should be easy to rent out as surrounding got alot of college students and government staffs. Worth for investment just 5K till OC obtained 3 years later :PPP
Anyone get your loan d? Which bank is offer better? Semi flexi or flexi loan better?
Flexi Loan is better than so called “semi flexi” loan.
I believe no one drive “semi auto” car right?
@edwin
What I heard from banker, the difference between semi flexi loan and flexi loan is as below:
i) Flexi Loan will charge you admin charges, RM 10 per month, and you can withdraw the money that you place earlier anytime without incur any charges.
ii) Semi Flexi Loan will not charge you admin charges, however when you withdraw the money that you place earlier, you will incur a service which around RM 50 per withdraw.
Both type of loan facility got pros and cons, you Correct me if I have explained wrongly
That right.
Actually my loan approved d, HSBC offer fully flexi loan but they provide maximum loan tenure 32 years only. First 3 years is under DIBS.
On the other hand, May bank also pre-approved d, but is semi flexi package, per withdrawal will charge you RM 25.
Usually for fully flexi package, it is more suitable for those who need to have a lot of transaction, they will combine the current account with the your loan account. It will come with Cheque book and ATM card.
It depend on what you need.
@Kelvin
Recently Public Bank, UOB and HLB also joined as panel bank for Prominence, any of you heard about their loan package and facilities?
@Kelvin
Thanks for your information.. So do you sign your loan agreement d? Or wait for s&p that time sign together? Wat rate HSBC offer to you? As I saw from fb page now just public bank join as panel bank
may i know tat facility got badminton court or basketball court?
According from ge tan website,it stated there that there got badminton court and 3 person indoor basketball court www.getan.com.my@kabutol
@limsan
Yes.. N also got a mini golf field..
@kabutol
yes we got Sport Arena which included indoor badminton court and 3-man basketball court.
Badminton court sure always full XD
wah,facility so many and nice to see,so expect to this project,and swimming pool so big and beautiful!!
@kabutol Now is photo/drawing only, the actual build maybe won’t so beautiful leh? XD
This project is way better than the signature which is getting a big hype recently.
@Lam
Are you sure it is better ?
Very sure Liao!
wat big hype?
Hello all, I have a unit wan to let go, It is high floor, type B with two car park. very good package I take, anyone interested on this project pls e-mail me, thx
andy0tan@hotmail.com
hey, andy. i asked developer, only allowed to sell to sibling or parent.
Hi anyone can advise that whether the loan application should be sign now or wait until the S&P done. Thanks
Can the admin change the above cover photo….it make prominence look ugly on that photo..
i also wish to know that. anyone can advise?
you can apply loan now. anyone get their loan approved?
Now is the toughest part..to get the loan from bank!
I heard 30% of pre book buyers in property project failed to get loan recently.
@Chocolate
How do you know this information, is the loan reject due to project or personal income matter?
@Chocolate
Just this project or others also affected?
Sorry, i meant majority project. Bank is very strict now.
HSBC told me approve my loan application, but the approved letter need to wait till developer obtain the advertisment license or what kind of license i am not too sure..
anyone got news from your loan application?
Just apply loan last week, still waiting for the result.
What package they offer you? I also get my loan aprroved from Maybank and HSBC.
I still pending my loan approval.. Is it our loan still cannot sign?? Anyone call developer ask?
Today i just get my Maybank loan approved, but not yet sign.
Last week i called the developer, he told me that the S&P document should be ready somewhere mid of November, i am doubt they can make it done so fast, so just wait the call for S&P.
Not sure that if loan approved, we must sign immediately? If not, i want to hold till my S&P ready for sign.
@Kelvin
What is the package that HSBC offer? BLR-2.45%?
May i know wht is the rate that HSBC and maybank offer to you all??
All standard at BLR-2.4%
HSBC – full flexi loan
MBB – Semi flexi loan
PBB – can choose both..all quite the same.
2.4% with mrta and lock in period?
MRTA is optional and lock in period 3 years from first drawdown
Sorry the link is error, this is the new one
http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=386594&S=S
Wah terror la u how to get this info?
Ok. Great. It looks like Pelan Jalan dan Perparitan still pending approval. Pelan Lampu Jalan still pending submission. Appear not so fast yet for developer license and SNP ……. ?
BTW, anyone knows where is the exact location for the 1 blok Rumah Pangsa Kos Rendah 13 Tingkat (124 Unit) in their plan ?
@Interested
the low cost apartment is behind the 3storey shoplot. you can see the orange colour as above picture for the site plan.
got low cost apartment in their plan? Did not hear about this when the developer explain to us. Is it true?
yes, there is low cost there
but there is behind the 3 story shop lot and there will be a wall dividing the shop lot and the low cost
@Yoyo
developer got told us.. and the model of prominence also got show low cost apartment building
this project u all is for investment or own stay?
@kabutol
own stay… u?
me also own stay,wat sqf u buy?
@kabutol
i bought type A
@Chocolate
This need keep trying at google search. Haha, since it is first time developer, my worries will be more, but i believe this project will be succeed after discussion with the developer. Look forward to the complete of show house. Hehe, you may look this for details if you want.
https://www.penangpropertytalk.com/2013/03/prominence/
@lee
https://www.facebook.com/pages/Prominence-Bukit-Mertajam/212253275607172
@Invest BM
-2.4%. Hard to get -2.45% , unless your loan amount is very high.
@edwin
I haven sign the offer letter yet since the S&P not ready so fast. Which bank you choose ?
@Kelvin
Hi Kelvin,
Did your banker (HSBC ?) or any banks mention how high loan amount to get -2.45% ?
OR is the bank’s rate different for different projects ? Thks.
I just met a lawyer today. Thier law firm handle many projects for loan doc, he told me so far he only see one customer with -2.5%, 2 customers with -2.45% and majority are -2.4%. If loan amount below 350K, -2.35% or -2.3% only, regardless which project.
@Chocolate
Ok. Thks. Got it. Now i know what chance i have liow, aiyah. Kiss good-bye to -2.45% liow ……so sad nia …….
@Kelvin
Mostly will choose HSBC la. I also wait until SnP ready only sign
@Interested
I heard be4 is over 500k only entitle for -2.45%
why hsbc?more good?
HSBC banker told me they only provide maximum loan tenure 32 years. The lock in period is 3 years, however if you sell your property within this period, the penalty will be based on prorated. This is fully flexi package.
Anyone can confirm on the maximum loan tenure?
@edwin
You get HSBC letter offer already?
Kelvin how old are u?
bank loan maximum limit age now is 65,maximum loan period is 35 years,and for this prominence condo we provide dibs free, so have to deduct three years for dibs, if not mistaken, kelvin you are now 30.
@Invest PG
haven’t. bank say need to wait developer get the advertising license 1st. so just wait until S&P that time only sign together.
@edwin
IC. Like that sound not securred as government & bank policy might change time to time.
@Invest PG
if we just sign loan offer letter also useless because bank can change the policy also.
@marcuschng
Yes, you are right. But isnt it from the first drawdown, the loan tenure already start to count?
If let say the developer take 3 years to complete the project, i just continue to pay the installment for the remaining 32 years. What HSBC offer is during DIBS period, is not consider the loan tenure. Anyone can share on this, I am a bit confuse?
kelvin, this is because when dibs, you are not paying a single cent to the bank, so it is not consider for that 3 years.@Kelvin
my understanding of 3 years start count from 1st draw, regardless of DIBS or not.
@marcuschng
Thanks. I have just confirmed with the banker also. Certain bank included the 3 years DIBS inside the loan tenure as well. I think different bank will have different policy. Anyway thanks a lot to clear my doubt.
HSBC is right. Loan tenure has nothing to do with DIBS years. 32 years loan tenure means after bank fully release (disbursement) all the money to developer (that is after contruction completed in 2016), then you start your monthly installment for 32 years maximum. During construction period for first 3 years (start from 1st drawdown), you have to pay monthly interest to bank BUT with DIBS, it means developer is paying the bank for your behalf. So, your actual financial commitment is 35 years but due to DIBS, first 3 years, you relax lah …
So, if you are 33 yrs old and that bank allow max 65 years old, then your max loan tenure is 32 years.
However, if you are 25 years old, per BNM, max loan tenure is 35 years, so you can take only 35 years loan (up to age 60), not 40 years loan tenure (though < 65 age).
Floor plan was posted at Facebook, any comment on that?
hi, the condo is selling fast
how many % unit still available?
price will be adjust by next week, so hurry up
u r salesperson?how u know?
@marcuschng
You are from prominence.
@marcuschng
How much now and to how much next week ?
which type, which floor, which tower ?
What is the availability of units? What is the price now? Pls share.
may i know maintenance fee how much?
RM0.20 /sf The price will increase 2-3%. I hv booked swimming pool and penang bridge view, type B .
penang bridge view mean sea view?0.20 so exp…i think 0.17….
@Liam
Pool view should be type D…
RM0.20/sf is too expensive. If you buy the unit 1500 sf, you have pay to RM300 per month. This is consider very high in mainland.
@Kevin but it is worth with the facilities that is own by the condo, you can enjoy all the facilities and enjoy the lifestyle which provide by the developer
Sky bridge with 2 floors facilities, sound very interesting.
The price of rm0.20 per square feet is very common on the mainland condo, there are also a lot of condo with the same maintenance as prominence but do not have much facilities as prominence.
anyone know when can sign the s&p?
most probably is by end of November or start of December
Yaya. Thanks for correction. It is type D , tower B