i-Santorini @ Tanjung Pinang
i-Santorini, an affordable housing development by Ideal Property Group in Tanjung Tokong, Penang. The piece of land which was previously planned for a 988-units condominium project is now being re-purposed for affordable housing.
The new development plan comprises two parcels:
- Parcel 1: 2 blocks of 48-storey residential towers (1,320 units) and 52 units of shop offices
- Parcel 2: 1 block of 49-storey residential tower (835 units) and 16 units of shop offices
Both parcels come with 8-level multi-story carpark and all affordable units has a standard built-up area of 850 sq.ft.
READ MORE ABOUT AFFORDABLE HOUSING:
- Eligibility and the requirement of buying affordable housing
- Full list of affordable housing in Penang
Property Project : i-Santorini
Location : Tanjung Tokong, Penang
Property Type : Affordable housing & shop offices
Built-up Area: 850 sq.ft.
Total Units : 2,155
Land Tenure: Leasehold
Developer : Ideal Property Group
Register your interest here
Location Map:
for those who already ballot , pls share the bank and int rate u take up the offer.
i take up with UOB , int rate 4.45%
Developer never mention will extend lease. Only say remaining lease is 85 years. For I-World, they did say will extend lease and written in the agreement.
Could someone share with me where did all of u do your balloting? At vantage in tanjong tokong or at ideal office in bayan lepas? Tq
@Kuai ku kia
ballot in vantage!!
Just got letter from Pg Govt for 300k unit. Anyone know what does the 300k package comes with?
Thanks.
@Kuai ku kia
The ballot was arrange at tanjong tokong vantage there.
@SeriouslyNew
Perumahan letter will only state 300k unit, is depends on which package u willing to deal with the developer.
@Ralph
Not exactly at Vantage, depends on the day and package u take. When the time i go Vantage for 400k unit balloting, they ask me to travel back to their office at Bayan Lepas for balloting. What a such long distance. It’s so ridiculous!!! So better call to ask first before go.
Could most of u just share with me — for the balloted of the 400k deals are all units the better units? Which means most of u r very satisfied with the balloted 400k units? As the staff had promised me those who balloted the 400k units all r better units. Tq
@Kuai ku kia
lol~ What a jokes!!! No such thing pls…Better or not depends on your thinking. Like example, the same unit, mb you damn like, bt mb not for others. So…Haha
@Kuai ku kia
Don’t be so naive…For me, mostly ‘promised’ is js a way of doing business…
Could anyone share with me how much is the legal fees ( 400k) for one purchaser n joint purchasers? Tq
That are very bad balloted for me with 400k package….
PB Bank 4.40…
@Kuai ku kia
for our experience on 1st badge ballot on 400k package, not necessary all are better unit. We saw some got low level some got high level.
Has anyone of u alrd signed up the s n p agreement? What r the lawyer charges for single n joint purchasers? Pls share… tq
Not everyone can get lowest rate, just try to get lowest possible for yourself.
I just got the letter few days ago, already ballot?
@lim
Do i hv to pay any deposit b4 i do the balloting? What happen if i m not satisfied with my balloted units? Can i jz reject the deal n ask for refund of any deposit i paid? Pls share… tq
Just stumble upon this development. I’ve been monitoring the condo launch in the nearby location (Tanjung bungah to Batu Ferringhi). Was amazed with the “relative” low price at the prime area. I can’t apply for affordable housing cos working in Singapore. I am waiting eagerly to snap the public unit, even at higher price.
My view to all who is still considering whether you are investing or buying for own stay, location is KING! Just check how much is other condo nearby selling. After the expiry of affordable housing status, this unit will be considering as condo unit. Although the price might not be as high as nearby condo unit, but it will likely match them.
Public release will definitely be more expensive. Maybe 10% or 20% no one know at the moment. But don’t forget, the unit is exactly the same as the one you balloted. Let say public pay 20% more and after OC, no change in price. Those who ballot will get a solid 20% capital gain, not immediate of course, paper gain to be redeemed in 5 years time.
Just my 2 cents, don’t hammer me. I am waiting for public release.
@Kuai ku kia
u need to pay 10k cheque to developer only they will arrange the ballot schedule with you. After ballot if you are not satisfy with the unit, u can always reject it and developer will return you the 10k cheque.
Tq Ralph
Penang items working out station or overseas, if does not own property and income is below 10k can apply.
@pgkia
You are not wrong to say that location is king. But this project is not that straight forward. Buyers better beware.
Some insider told me that pg state gov will end up owning many units after some units will be open up for public purchase (without having to qualify as a affordable buyer). The extra premiums earned by developer from these public units will be given to state gov, and in turn state gov will use all that money to buy units in I-santorini, and to be rented out under the “rent-and-own” scheme. This scheme is specially formulated to rent out these units to those who can’t get bank loans.
When someone cannot get bank loan, that means he is financially not sound. So here’s the problem dear I-santorini owners. You’d have people who are FINANCIALLY NOT SOUND staying in there. You will have all sorts of problem with these people. Collection of maintenance fees will be an issue, breaking of house rules, etc. When these things happen, who is the management corporation going to go after? The owner of those units, which is The state gov? It will be a good show to watch then. Big mess coming up!!
When is the next ballot? I heard the 400k unit is upgraded unit with 950sq feet space. Anyone that already get the 400k unit here?
All of us didnt read the brochure carefully. In fact these r not real condos but jz an apartment with condos facilities. For condos each floor hs only less than 10 units. All seasons park in farlim is a good example — each floor only hs 7 – 8 units.
Any idea for balloting day for 300k..I received msg to go lawyer firm to pass loan document…
So I will be required to again select which package i want when im at the office? If so then why need go through the Perumahan…seems pointless…
Anyway, anyone knows what comes with each package? Can help out so i can have a rough idea…thanks
@Ralph
Thanks!
@SeriouslyNew
Those are the major different between 3 packages:
300k: 1′ x 1′ floor tiles with 1 carpark
350k: extra 1 carpark and mild steel grill gate.
400k: 2’x2′ floor tiles with skirting, upgrade a/c ledge to yard (extra 23sqft usable area), toilet waste pipe box-up, air-con/hot water piping ready, free lawyer fee (about 7k), etc…
Unfortunately, i can’t meet both clauses.
@jack
nope. the upgrade means to expand your a/c ledge to yard which will give you additional 23sqft usable area.
@Ralph
Thanks!
Affordable Homes is definitely not a condo. Globally, all public housing or so called affordable housing are often high density development, located in less strategic area and residents often comprises of blue collar or lower income group.
It is indeed usual for this projects to located at such a strategic location.
Due to the lower selling price, developer can only make profit if they go for mass production x thin margin = desired profit.
May I know where did you get this info?
One of the requirement is Penang born but also working in Penang.
Could you justify on this?
As eligibility for affordable housing are as follow:
Must be a registered voter in Penang and met one of the following criteria:
i. Penang-born working in Penang
ii. Residing in Penang for at least 5 years from the date of application
iii. Bachelor degree holder or diploma with a minimum 2 years work experience (talent & skilled category)
Thank you.
Go to I-Santorini sales gallery, get PN1 form and the staff will advise.
Already applicant working in K.L, Langkawi applied, approved and balloted.
Ideal would not charge any fee for helping you to submit your application. It is free service.
Must be Penang voter, not Penang born ya…
Anyone from this forum booked a unit for those open to public 30% lot?I’m not eligible for those affordable units but keen to buy those premium units.I was told the price is 440k and to pay 10k for booking.Any advise thanks
Yes, must be Penang voter is compulsory.
From my understanding, it is also a must to meet one of three criterion as below:
i. Penang-born working in Penang
ii. Residing in Penang for at least 5 years from the date of application
iii. Bachelor degree holder or diploma with a minimum 2 years work experience (talent & skilled category)
Therefore we have to fulfill at least 2 requirements which is the first requirement (Must be Penang voter: compulsory) and the second requirement either (i) or (ii) or (iii).
Could you or somebody please advise on this?
Thank you.
for open market, must be penang voter too?
Sorry, I might have overlooked this comment from you.
Actually, I am working in Singapore and may try luck to apply for the affordable house in near future.
Thanks for your valuable feedback, it helps.
Yes, applicant must be Penang voter as you can check from below link:
https://www.penangpropertytalk.com/affordable-housing/am-i-eligible-for-affordable-housing/
Open Market Units
In order to stimulate the development of affordable housing, it has also been decided that 30% of the units in any particular 100% affordable housing project may be sold to the open market, with the following condition:
The units are to be sold at 10% above the controlled price in South West, SPU, SPT and SPS districts.
The units are to be sold at 20% above the controlled price in North East district.
The purchaser has to be a registered voter in Penang
The purchaser can only purchase one such affordable housing unit
The said unit cannot be sold within 5 years from the date of vacant possession.
@Ken
Those open public units are they reatrict same wif the affordable house rules which u can only sell to under qualify perumahan affordable house candidates?
The block which opens for balloting got how many storeys altogether? How many storeys of carpark? Which means the apartments start from what floor onwards? Tq for answering my questions. God bless
@Kuai ku kia
The block open for ballot is Block C comprising of 10 storey podium block and 39 storey tower block (total 49 storey).
Podium Block (Ground – Level 9):-
2 storey shop lots
6 storey carpark
2 storey facilities area
Tower Block (Level 10 – Level 48):-
39 storey residential units
Tq Ralph. God bless
hi…i’m feel confuse with the pricing…developer told me rm390,000..but end up when fill in the purchase form , pricing is rm400,000 .. which one is real ? pls help me …
@jenny
never heard 390k package for i-santorini, there are only 300k, 350k & 400k. Maybe u are refer wrong the one foresta price??
@Ralph
Please refer to below link.
https://www.penangpropertytalk.com/2014/02/tri-pinnacle/
“there is no restriction for public buyer to sell to state list buyers as they already paid additional levy of either 30k for south west district or 60k for north east district”
Does anybody have i-Santorini office number pls ?Thank you
@SKY
Venue : I-Santorini Sales Gallery
Date : Every Thursday-Saturday
Time : 9.30a.m-5.30p.m
Address : A-3-6, 7, 8, 9, 10 (3rd Floor) Vantage, Desiran
Tanjung, Jalan Tanjung Tokong,
10470 Penang.
You can also register or submit your PN1 form at:
Venue : I-Condo Level 5
Date : Monday to Saturday
(closed on Sunday & Public Holiday)
Time : 10.00a.m-5.30p.m
Address : 73-1-3, Ideal @ The One, Jalan Mahsuri,11950
Bayan Lepas, Penang.
For enquiries, kindly contact 04-6456888.
For affordable unit, after 5 years I must sell back to those buyers in Perumahan list or can I sell to public?
@Buy
After 5 years, you must go through state consent to sell your unit. Maybe sell to those buyers but will follow market price also?
anyone signed snp? according to another article in this forum, i-santorini still didn’t get the apdl, can anyone clarified on this? I am interested in this project but scared there will be a delay after a delay.
https://www.penangpropertytalk.com/2015/11/apdl-for-affordable-housing-projects-in-penang/
@Sunny
i-santorini haven’t get APDL yet, once get only can proceed with SNP.
Anyone already signed the bank loan offer letter? How is the interest rate?
Anybody know why 300k still not ballet but now they already open 30% of the units to public? Also wonder why need so long time for 300k buyer to ballot?
Does anyone know how much r the units open to the public? Is block c fully sold out by now? I m waiting for block b…
The I santorini show room is it open from monday – Friday only? May I have their contact no?
The 30% is for Block A only.
Show open from Mon-Friday because the sales of public units is on Sat. Public units price from 430k.
Say limited units and the sales of units will be by balloting of names for selection of unit. If interested, have to go and register this Sat between 9am – 11am. Have to bring a cheque.
Public units are priced at 430k n 448k for block A only, as for block B is under affordable project.
Public units after 5 years can sell to open market? Or must sell back to the list of buyers by Perumahan?
Public units can sell to anyone as long as the person is a Penang Voter. The only set back now is cannot sell to foreigners.
What is given for public units? Is it renovated? What’s the difference between 430k and 448k?
Hi Penang, I tot tower C is the only affordable, means Tower B is also ya? Thanks
@ABC
i signed with UOB , int 4.45%.. slightly higher than pbb , but UOB can dump into excess fund whenever u like .
430k-can choose any floor n unit u want w/o balloting process. 448k-for those who want better view n facing.
How about cp? can choose?
does 430k hv extra yard?
@penang
You cant sell to foreigner anyway. Unless the unit price can rise to >$1mil, which i doubt so in short run.
How much u can sell after 3+5 years, ur instalment+interest+ other fee already cost>150k, 430k + 150k, sell 700k? gt buyer?
30% unit open for public have poor response…. Still remain many units unsold
Why?????
The answer is clear and easy, so high dense!! how to sell?
Remaining units are those not so favorable lots. Around 65% taken up.
Noticed available units are either at lower floor facing Breeza or units attached to lift facing pool. Other good units gone.
TQ Ralph..
May I know whether the balloting for block c already finished? I mean all unit have been taken?
@jack
As what I know now block C is still opening for register and ballot (only for affordable house candidates).
You may submit your PN1 form to ideal and they will do the rest for you submit to Perumahan for appointing i-santorini this project.
Then you should receive 2 confirmation letters (if success) from Perumahan and Ideal, submit 10k cheque as deposit to arrange ballot appoint, cheque shall refund to you after ballot if you reject it.
It’s quite unfair that all good units are all taken out by developer to sell to public.
Ideal lady staff on duty at Sales gallery at STP, your attitude sucks big time.
All condos in this area around Seri Tanjung Pinang will be doomed.
@Nano
Agree with u, I feel like slapping her, she’s so rude. The thing is I can’t believe they can be this cunning. My friend who bought The Rise @300k most of them get corner unit. For 400k purchaser of this project, they are still opening lousy units like 3A, 13A n etc.1 I have no idea what’s their hidden agenda.
Hihi, may I know why 3A or 13A is lousy unit?
So happy that the government allowed 30% unit for public. Investing in a reasonably priced unit at a prime location is a much better option in the time of uncertainty. I bought 5.
The more eligible rejects the project, the happier is the developer because they just need to inform States that those eligible buyers are rejecting the units and appeal to open all to the public!
The public units can now be sold 5 years after SPA and no longer from O.C. They can also rent it out thus investors will definitely grab.
Heard that One Foresta public units sold out in 10 days when it is open to agents. Expect same when they open it to agent to sell!
only can sell after 5 years from oc and those rent out once report will gt summon and warning letter, and only can buy 1 unit, u both dint read newspaper? or go komtar ask?
I doubt they will be able to implement “no-rent for affordable housing”since they are selling public unit. unless they craft out the a block for affordable housing.
up to 49 storeys, afraid big earthquake … dun know what will happen
Yes pls go to Komtar and pls asssskkkkk. Guarantee they tell you that public units can sell 5 years from SPA and also can rent! Letter already issued out to developers and bankers received the copy also.
@janet
Beside earthquake, the most commonest problem is the elevator. How many elevator cater for each block? If anything happen to the one of the elevator ( which will happen sooner or later), then will be a long wait for the functioning elevator… Or climb up 40 plus floors… Sweat!!
If fire happen…fireman should save who first?
@fire
the ladder only can reach 15 floor…..
Dont talk about silly things. Of course, u want to stay at 50 floors den sure need to climb.
U can buy lower floor as well. and u climb accordingly. thats it. Even if you working inside a tower, you also need to climb when got fire or lift spoilt
What is the big deal?
tower, scare earthquake,
landed, scare earthquake and flood.
any recommendation ?
@Go4mainland
The deal is, can u climb or not? If u can then your family can climb or not?
@lim
Do u have UOB banker contact number ? the bank agent approach you ? i only received 3 bank agent approach me
I heard this project have the most viewer for affordable home.. that mean the most desired hopefully. When will this project completed?
Does the project have any bank panel agent?
this will got price drop become cheaper n all open to public ?
@TKM
This will got no price drop and no become cheaper n no all open to public. This will only 30% open to public.
just got the letter from i-platinum to visit them on the first week of jan for affordable home package selection. will drop by this few days to check out this project. since so many unanswered question here.
Fyi, get to know All project from Ideal Property, upon completion there will be gangster contractor force you to take up their renovation service or else need to pay so-call “sampah fee”. They charge ridiculous price. Many owner of Ideal Property is facing this issue, and the developer didn’t help to solve this issue, worst still allowing them to set up a booth in the building. So think twice before make the choice to buy their project.
most property have this kind of contractor. not only Ideal. usually they will hang their banner around the property and setup booth/temporary store at the carpark. you just need to know how to deal with them.
We got to ban all these contractors
new age of gangstering….extortion
Ivory projects don’t have such issues.
Received offer letter for this project
worth to get the unit ?
@JinHong
how long have you applied before getting this offer letter?
@Kareq
around 4 – 6 month….
forgot the actual submit date
I visited the sales gallery last week, but I think not a good property to buy. Reasons :-
(1) When I asked the sales personnel what type of security system will be installed (1-tier? 2-tier? 3-tier?), they don’t know.
(2) When I asked inside lift got card-access security or not, they don’t know.
(3) For Block A, which is suppose to be the more expensive units, the ground floor lift lobby is inside the car park. How odd.
I don’t think the developer takes things very seriously.
@Adel
u can contact goh , phone is zero one seven , five one four nine zero one nine
My husband is penang voter but I’m not . Can we apply the affordable unit ?
@yeng
should not be a problem
I received offer letter for this project. Anyone know how to joint name with friend to get this unit?
As I have called them but allowed to joint name with husband/wife/children relationship only. Father/mother also not allowed to joint name.
Thanks.
I Santorini on reclaim land and TSUNAMI area…
White ants and also leasehold
Super HIGH DENSITY
Show unit is not actual size some more…All being cheated…
It’s way much cheaper than The Margarine at Tsunami Bay. E&O a blood
sucker company.
Tamarind hard sell in paper again today. 60% take up for Tower B.. Sien…
@Player
You must be from OHM and VST haha
@Joe
You must be the one who had tried to be a developer but didn’t make it and
you become a Joker for new launches of The Margarine at Tsunami Bay.
The project is a distance from the seaside. And it’s not facing large ocean n thus, low risk of tsunami. If you are so afraid of tsunami, suggest you buy on top of hill or mountain.
what about if big earthquake hit this reclaim land, th buildings my disappear .. ! how to buy ?
@penang_lang
Areas are at greater risk if they are less than 25 feet above sea level and within
a mile of the shoreline. One of the signs of a potential tsunami is the occurrence
of a very large earthquake and this could caused landslides in hilly areas.
Don’t try to a smart guy if you know nothing.
@Joe
actually I am from Ideal…
If you need anything please call for information =D we are agents selling for ideal if you need help…
If you think it is a good buy then go for it.
For me, the location is nice but super high destiny, i lazy wait for the lifts.
My newly purchased condo block got 3 lifts serving 32 floors and only 6 units/floor.
The other block even better, also 3 lifts serving 30 floors with only 4 units/floor.
Consider super low density.
Tsunami and Reclaim area…You will regret…
Please do not act. Cheap item no matter what is still cheap. Fake show unit because actual size is smaller. Take measuring tape and measure you will know.
Yes, swampy land, termites, tsunami bay of Penang
Yes, cheap is bad quality that is why only cheap people like you will buy.
You will regret when rental is only RM600 per month and owners will squeezing their balls.
Just curious of so many negative comments while saw so many people during launch yesterday(for open to public launches is fully taken within an hour or so)
Anyone whom booked successfully yesterday? Care to feedback?
@Impostor Player
If you are rich you won’t be commenting here as a Joker.
will this super high density project become another bj court ..somemore this leasehold . cannot buy ?
@Bj court victim
I feel based on the location (tanjung tokong) it would not likely become similar with BJ court (maybe one foresta(sg ara) might become like BJ court?)
but the leasehold is a big difference and not sure the impact as investor..if own stay I think no issue?
Can I add another name into my S&P?
Does anyone have any idea about this?
i sapu 2 units for investment, sure up within 5 years
@Jeffrey
how can i contact you?
Crazy 2000 units? Same unit selling with 2 different prices…Might as well i get state government letter and buy at cheaper price…
@Player
Might as well you keep on barking like a d*g ; )
Any idea when 300k balloting day and when will sigh SNP?
350k balloting on 12/1.
300k apply loan first before ballot.
That’s what I heard from Ideal
is Block B open for sale ? .. for affordable only or open public ?
I Santorini NO APDL?
State Housing didn’t approve yet?
Where are you Joe ? Fake identity (impostor) or it’s you ?
No Advertising Permit and Developer License (APDL) some more dare to collect bookings under Stakeholder.
OMG! breaking Ministry of Housing Rules.
Those desperate Tamarind buyers really squeezed now with i-Santorini selling half their price.. Next door only.
@CT
I don’t think so because different products. Leasehold and freehold. Branded quality developer by E&O and one is Ideal, bad reputation for workmanship and bad quality in Penang. What is there to compare. Density also twice of Tamarind.
@Roland
What branded quality developer by E&O ????? Only started in the 90s and
“bloodsucker” company.
lol Proton vs BMW how to compare ==
@lol
BMW price agree with you la. BMW quality or not don’t know lo. If really that great why haven’t sold out yet?
those investor invest in this project sure failed in math, total take time 8 years only can sell, interest+ installment+ other fee already almost 150k, how much u can sell at that time? and u are the 1 so lucky can sell in within 2k units? ur selling price can compare to those 300k units? 8 years u can invest other 3 project and make money d.
I dont think people buy affordable house for investment , it is not like 6 year ago people buy the same type of building maybr 3x less density at 70k only
Now people buying these 3x higher density and 4x the money “flat” at 300-400k
So only got one reason la buy for own stay only , want sell wait long a bit la maybe grandson can sell lol
Hi Ck,
I think these people you mentioned are making a mistake. The equation is very simple. If the numbers don’t work out buying for investment, then it shouldn’t be bought for own stay too. They’d be better off renting.
@lol
Tamarind 1k units, 700-800k each. Where got so many subsale buyers in these price range for such small sf?
At above RM500 psf with 2k units I might as well go to OHM to buy which is just 5 minutes away with 10 times more lower density.
The most high density project in Penang…imagine driving out to work or school…Already traffic jam within your own compound…haha
where exactly is the outer ring road be located in tg sri pinang ?? is it beside to this santorini ?
whats OHM?
@WS
OHM project is Skyridge Garden in Mt Erskine.Luxury condo about 1km away from STP.
@super noisy
just infront of Tamarind and Marinox
@Geno
After loan approve also no news for 300k for ballot yet. Don’t know waiting for what now….
@Geno
what time the balloting on 12/1 start ?? tks.
But it still falls under the same postcode 10470 Tanjung Tokong…So basically not much difference in distance. If you drive then it only takes less than 5 minutes…
Imagine one unit dog bark, another unit music on too loud, another unit children crying, another unit tv too noisy, another unit drilling…gosh 2000 units will drive you crazy…
@CCO
waiting for RM350k & RM400k. priority to them first i suppose.
@MJ
ops…didn’t get you msg earlier. are you one of the person who ballot?
@Geno
How come? Should be those who apply loan approve & able to pay 10k downpayment cheque then should give them ballot.
how’s the response .. heard still got a lot of units left block B ?
@CCO
you may contact Ideal for more information.
the recent ballot is only for tower c.
not sure about others.
Hi all,
I just submitted appeal letter to ideal last week. Can I know when will receive reply from komtar or developer?
p/s: I already registered and under waiting list from komtar.
thanks
@LMC
what sort of appeal letter u submitted??
@Ralph
The appeal letter which i get from developer and request to approve my application on this project.
Hi all,
Any one here get this project through submit appeal letter? if yes, how long you all receive reply from komtar or developer?
p/s: I already registered and under waiting list from komtar.
thanks
many units left , many agents selling… should reduce price and open market for all
@Rick
Hahaha…nice try!
Heard of the phase 2 of reclaimation project for STP. By then, where got seaview?
Hi,
Except UOB and also Public Bank, any others bank under this project? Maybank? Any 1 get offer higher than 90 % loan amount?
thanks
@Danny
No seaview bcoz no balcony. But when you go podium, you can enjoy the seaview.
Yes. There is other panel bank like Ambank, Affin, Rhb and Maybank. So far what i got are Affin offer best rate of 4.4% (with MRTA), Public bank offer 4.55% (with 5 yrs MRTA) and Rhb bank offerred 4.6% (without MRTA)
@kk
Thanks your reply. So you also get 90% loan? u buy under gov control or open unit? i still waiting new from gov.
@LMC
90% loan. I bought from open unit.
Hi all,
How the balloting for block C (which is apply through state) ? Any 1 still pending call for balloting? I still considering want to buy through state or open unit. Any advice ?
thanks
This project basically has no sea view
To your right Breeza and far right City of Dreams will be blocking
In the middle Marinox will be blocking
To your left Government reserve land (Ewein will build 1000 units high rise), Tamarind and Jazz residence and Hotel
So do not expect a Santorini view with the sea
@LMC
Hi LMC, or anyone, do you know what is the major difference between state and open?
I think obviously buy through state is cheaper, but maybe without reno?
any obvious disadvantage with state?
anyway, I am getting via open (no choice)
@Curious
The major different are
1. Buy through state can’t select unit. Then every floor will be 4units more (22units) than those buy through open
2. Then within 5 years can’t sell
3. Landscape area at podium will be lesser
4. If compare same package with open unit, 30k cheaper
Actually I do not understand why people want to pay 400k for this tiny place with no balcony which looks like it is even higher density then the Maccalum Gaut flats, I rather spend 300k on a freehold super low density resort 1300 sqft condo on the mainland near TUDM, especially considering the transport links with the island is going to get better in the next 5-10 years. Really can resale this i santorini at 400 k when complet? Really can live here for 10 or 20 years? My 5 sen worth :D.
@David
Agreed, the Ideal staff are rude and not manners, no friends, like we own them money. We just walk away…want asking question, she ask us read ourself.
Can someone else confirm the statement above?????
There is a facing at Tower C which faces TEsco, unblocked view of sea. However, there is a football field opposite Tesco, could be it developed too?
This is true as the projects are already there.
How about the field?
@MCM
I believe what @Flow mean is the existing empty field right in front of Tesco, no one knows what are they going to be used in future.
@Kuai ku kia
To be qualified as Condominium, minimum unit size is 1000 sq ft. The density per floor doesn’t really count, but mostly limit below 10 units per floor depends on the building design and layout.
If another block of condo comes up, it will probably be the densest land in the whole penang, maybe malaysia.
@Geno
Ivory, IJM, SP Setia don’t have these type of gangster contractor issue.. so, please don’t try to white wash Ideal Property for this! They have the responsibilities to make sure this type of practice out from their project. Unfortunately, their recently completed project – One Imperial @ Sungai Ara have this type gangster contractor big issue. Why I know? I’m the victim owner there…
That is why I rather buy from a reputable developer.
@cgkong
Is because not from Ideal Property project!! Ideal property really lousy in handling this… or worst, I suspect part beneficially from this shit arrangement! All whitewash by saying the gangster contractor was appointed by land owner!! OMG, the newly completed project, the management office appointed by developer allowed the gangster contractor to set up their “office” next to management office, but nothing to do with developer??!!
@Just DO it
Agreed. If you have a choice, please stay away from these GC projects. Otherwise, you have no peaceful mind when OC obtained.
I received the letter from gov and today will go pay $10k deposit… the most problem here is I dunno how’s the unit that I’ll get via balloting.. the developer asked to come.for balloting this thur-fri.
@FirstTimeBuyer
unlike the open units, for affordable house it would be under Block C and you need to pay 10k cheque for ballot a unit if you interested. U may refuse it after ballot if you feel the unit that u get is not satisfy you and the 10k cheque shall return to u.
Ralph, thanks.. I get to know the leasehold only left 80 yrs, is thr any plan to convert to freehold? And if the unit of the affordable house owner would like to sell the unit after that, could they sell to public or the registered people under affordable house from gov?