$1.4M… Who say house price is coming down?

@TL
Developer is probably still dreaming or this one targeting foreigner.

one of most greedy developers launch new project again..

@mau beli
u r smarter or ijm, which is a multi billion company smarter? just face the truth, u r not the potential buyer that IJM is targeting. pls kfocus on ur bad mouthing role..maybe can earn millions with it..

Greedy? Dreaming? Smarter? I don’t know lah. All I know is, it will be as noisy as Light Linear, if not noisier. Many flippers are stuck with Light Linear because of the noise and dust. Good luck flippers!!

“The development has an indicative average price of RM1,4 million onwards”.

How big for RM 1.4 million ?

No subsale value….foreigners not going to stay there. 90% of Expats in Penang stays up north. Now they price it way too expensive for locals. Who else wanna stay there? Perhaps IJM staffs. LOL.

1.4 m not big ….. other states richies will come here to stay ….enjoying sea view …

The household income need to exceed rm20k a month to qualify the loan of rm1.4 million.
In reality, how many penang household can earn more than rm20k a month?

when ijm will launch it?

tired of waiting their phase 2 commercial

Problem isnt the developers. It is the buyers/investors. Whatever the price launched, buyers will rush to snap up without thinking. As seller, who is not going to take advantage of these mindless buyers? Just look at Tamarind by E&O. Already stated clearly it is an APARTMENT, and yet people rushed to pay for close to 1m or 1m for each unit. It is not even a condo. Name me a project in prime location in Penang that is not selling like hot cake no matter what’s the price.

Send me some information about this project. Tq

I bought a unit in The LIGHT and most buyers there , including myself are local. The unit was nicely fit up and the environment was really nice.My understanding is that WR will price at 800 per ft2 and above.

The LIGHT not a famous place for expat to rent due to lack of shopping and eateries within walking distance. It might stay this way for few years until Light Commercial ready.

Penang household , middle age with both husband and wife working in factory will easily earn more than RM20K a month

The Light Linear is not part of The Light Point , Collection 1 to 4. Pay a visit there and you will impress.

Are you sure both husband and wife easily earn 20k a month?
Good for you if you think so. I dont think that is a correct benchmark.
It is sure very rosy if the majority earn that much. I am sure a little reality check will says otherwise. I wouldnt use the word ” majority ” anyway.

The majority does not Sir. Hope my employees doesnt use this as a benchmark.

if they priced the maintenance fee as high as The Light Collection 1/2/3/4 (rm0.40 PSF), this will scare away a lot buyers….

Look at Collection 3 & 4. A lot un-sold units.

For average joe they only willing to pay the maintenance fee up to rm300-350…

Anyone has the floor plan for this phase 2 development?

What is the price of psf?

So i guess this one more nearer to the pipe that pump smoke at egate?

I wonder how resident near egate live, breath chemical everyday yet still so many ppl buy at that area , pearl regency , platino and bayswater spend million to suck the chemical

Don know how their life span going to cut due to this

Moreover traffic jam in penang , wan live longer better stay away from city center n industrial zone

Ya tamarind few thousand over unit flat selling at 700k to 1million, swimming pool can fit 5k ppl if one hs 5 ppl ?

I wonder how the car park will be , don in the end turn up like jelutong two way road become one way, highway bcm lorong lol

@Tan

scroll up and refer to the map above. not that near to egate/tesco

Already open for booking.

What is the take up rate so far? How come this post so quiet. ?

Anyone interested about this project?

Got whatapps group to join for owner?

This thread like so quiet. How is the take up rate so far? Any whatsapp group for owner?

Pls send an email to wares@outlook.com to join the resident group

@wa
i have email you, please check, thanks.

SOLD OUT

Yup, sold out. IJM only released 20% of the total units for sale, all sold out.

@ruth choong
Why just released 20% for sale? How about the other 80%?

Mean 20% remain for sale? So fast so out? How come can do so well in the current condition? Where you get the info?

80% JUAL MAHAL. LOL

Sold out or cannot sell? hard to believe it 80% sold. What so attractive at the location with high price tag?

@robravo

The other 80% keep first, the market is slow anyway. It is very common in HongKong/Singapore for developers to sell the units in a project batch by batch (phase by phase) depending on demand.

IJM still got bundle of un-sold stocks for their Light Collection 3 & 4. All million dollar homes.

@GuaFromPenang

Dude i think you have been living in your shell for far too long. Please come out and have some fresh air. The majority of people working in factories DO NOT earn 20k income per month.

@ruth choong
Mean they just sold out 50 units. 20% of total 256 units.

What is attractive about this project? Please share

Maint fees is same like collection rate. RM0.4x /sqft

WK :Maint fees is same like collection rate. RM0.4x /sqft

RM0.4X psft but just so-so facility ?

how much is the maintenance fee included sinking fund?

@soouch
RM0.4X psft included sinking fund.

Worth for investment or own stay in this area?

@soouch
Own stay is good.

@wa

@Wa, I have emailed you the request.

@Adam
Did you get reply from wa? I have email twice but no reply.

@robravo

Nope, no response from @Wa as well.

@Adam
What is ur email? Would like to pm you.

@robravo
You may PM me @ adamcurrent@gmail.com

I have one unit (1270sf mid-high floor corner unit, sea view) on hand. If interested, please contact me @ adamcurrent@gmail.com

Dear owner, I had setup the whatapps group, who wish to join please email me your name, unit no and phone number.

@wr2
What is your email address?

wr2 …what is your email….i will join your watsapp group

IJM early bird must be very sad. HOC 10%+1% rebate on the current selling price for WR but the early bird only have discount of 1 or 2% during soft launch. Seem like nowadays early bird do not gain any advantage than latter. Don’t know if any of those purchaser got go to complain but clearly now is buyer market. Good job IJM to bring down the price. buy buy buy!

any unit left?

How is the progress so far? Any group chat for the owner?

@WR2
May I know what is your email address? would like to join the owner group.

or anyone who know a group chat for owner, please share any link

I would like to join the chat group too. Can obtain CCC soon in the next 2 months?

Hi, would like to join the chat group too. Thank you!!

@RaymondWR
Hello, wondering if there is a group chat for owner? Thanks in advance!!