@FirstTimeBuyer

80 years is a long time. The oldest condo in Penang is only 30 years old (Sunruse Tower I believe), most of the “pre-war” houses in Georgetown is younger than 100 years. Furthermore, Penang charges the lowest land lease extension premium in Malaysia. So for such a high density condo, it probably wouldn’t cost more than a few hundred dollars for each household to extend for another 99 years.

Person in charge,

All units (2155) sold out already? so fast?

This is a very good project to invest. In the middle of Seri Tanjung Pinang..RM400k where you can get.. Come &grab it..

I was also been informed that the unit can only sell back to the list of applicants from gov. Question is the list of applicants means “those applied from gov on LC/LMC/Affordable & approved” or “those applied from gov on LC/LMC/Affordable BUT NOT approved by the gov”?

still got many units left ? think this can for own stay only, not good for investment regret later ..

How many % sold so far for I-Santorini?

@Mahendran
90% sold out.

@Newuser,
Thanks for the update.

@Newuser
Seriously, I don’t think 90% of units were sold out. Any proof to your words? or please do not spread false news. Thanks.

I think there are still unit available if you contact the agents (for Open to public)
90% probably true for the “Open to public” units which now only around 100-200++ released? not sure the exact numbers but seems once someone don’t want their booking, there are so many lined up just to grab these units (creating a sense of urgency among the Open to public buyers)

But for those pending ballot or still pending loan approval is another story

Dear buyers,
Think twice before you purchase Ideal Property project, as many owners are facing gangster sampah fee for all Ideal Property project. Extra cost (Thousand) to pay those gangster sampah fee are not worthy.

You can refer to other property form Ideal Property, you can notice a lot of buyer complaining about this issue.

@Iambroke

Sampah fee again? Can come up with something now? It’s getting a little bit boring lah.

@lambroke

If we can wait until gangster is gone, okay right?

Anyone going to ballot this saturday?

@FirstTimeBuyer

Hi, may i ask how long you wait the reply from gov? have you submit any appeal letter before? hope can receive your reply soon.

thanks alot

If rental for a unit is RM800

3 rooms

master bedroom = 3 bangla staying
2nd bedroom = 2 bangla staying
3rd bedroom = 2 bangla staying

7 bangla x 2000 units = 14,000 bangla staying

@Xpid,
So this project is good to invest or not? If no, which project can invest?

How the public unit selling at RM480K compared to state unit Rm400K? Anybody can share?

Understand that public units are selling at RM460K, RM448K and RM430K depending on view.

@Flow
Price different comparing among open unit (430k to 460k) is just depends on floor level & view, spec are the same.

As comparing to state unit (400k), their floor level & view is base on ballot basis and all the specs are the same compair to open unit except; state unit floor tiles comes with 600mm x 600mm porcelain tiles, but open unit get 400mm x 400mm ceramic tiles.

This is what i know so far, correct me if there is any mistake.

@Ralph
TQ

@Ralph

For public units, they are not depend on floor level. They are based on view and location that pre-identified by developer with the price tag. For example Tower B unit 1, 2 and 3 (all floors) are priced at RM460K.

I heard for affordable units also not based on floor level. Anyone can confirm on affordable units?

@Chi
ya, u are right. Few units that facing to Brezza (Block A) actually do also base on high level & low level eg. L29 below sell at 430k abd L30 above sell at 448k.

@Chi
yes, affordable unit all are base on ballot only. so is base on ur luck to get high or low level.

Anyone know when can sign s&p?

anyone getting loan interest rate less than 4.45% ?

If the gangster come to collect the sampah fees what can we do?? Who else can help us to settle them?? :'(

@WYL

Police lo

@WYL

They wont came and collect, but you will look for them to pay. Coz your contractors cant go into the side.

hi…anyone know is it level 29 & 30 for block C got water pump?

@mandy
Yes, Level 29 & 30 got pump room

@Ralph
What about block A … at which level is the water pump room ?

@mandy

What is your concern actually?

@Jack

What is the “sampah fee” issue? I am wondering and developer is rushing me for paying the deposit already. Please help. thanks

If just give them ang pao around Rm1,000.00 can settle??

We already spent so much for this house still need to pay those gangster with no reason.

@Janet
Pump room for Block A is locate at Level 30 & Level 31.

@LMC

They are quite pro, in fact they have a price list for reference. Depends on what you plan to do, then charge accordingly.

Some of the task MUST ask them to do, with extra charge.

As long as you follow their instrruction, they will talk politely.

@WYL

what is the “sampah” fee actually? if contractor cant go into site, i think should be developer to settle the issue but not purchaser. Am i correct ?

@LMC
The “sampah fees” is like gangster force you must give them do the renovation. Others contractor not dare to come to this area help you or quote you. If you don’t want give them (gangster) do they will do SOMETHING to your new house.

@WYL

If we move in without renovation, ok, right?

@WYL

Ya. Agree with BY. If we move in without renovation, so the “sampah fees” will not affect us loh? correct? thanks

@Kelly
Just received message from ideal yesterday, those who under affordable housing (Block C) SPA signing will commence from April 2016.

@Ralph

Any open for public units for Tower C?

@Don
so far not yet to receive any news that Block C open for public unit, Only Block A & B open for public.

I buy open for public @ tower C

@LMC impossible we just move in and don’t want renovate right? The kitchen is so weird if we din renovate.

@WYL

Are you hurry to move in? If not, maybe you can wait until gangster contractor cabut first.

@WYL

Ya. Thanks. Now i am clear about this “sampah” fee already. At the same time, i pick the 350k package. The plan to do some renovation in the future. Feel that the 400k package quite expensive. Any advise? my ballot schedule coming soon. need to make decision already. thanks

@Ralph
what are the selling prices for Block B units ?

Ralph, for block C ,may I know where is water tank located? At floor 47?

@Ralph , for block C ,may I know where is water tank located? At floor 47?

Hi all,

Just wanna ask something. Since the “sampah fee” issue already arise and even the state gov also claim that will be blacklist those developer. So now this kind of issue got any improvement? hope to listen from those suffer victim.

thanks

@harison
I already mentioned above, please scroll up and you know it.
cheers~

Hi all, i chose the 350K package so is it true at signing of SPA i have to pay the legal fees approx 7300? + 10% downpayment?

/@evank

ya. your calculation is correct. i pick the 350k package too and ballot today. you already ballot?

@LMC

how did you make out? I did ballot today, quite happy with the selection
Block C, which one is it from the photo on this site? Left middle or right? I cannot remember

@Ralph
Thanks. Do you know the highest floor for block C is 47 ? 48?

@Thomas
Actually my concern is will water pump make noise if my house located at floor 29 & 30?

@evank

The picture show A B C from left to right. I also get block C. I think all ballot at thursday also get block C.

@harison
Block C is total 49 storey which higher 1 level compare to Block A & B.

I am curious for Block C how are the units laid out? Anyone have a plan or any ideas? Like which number units will face the pools and which unit numbers will face outside?

13 to 22 face outside.

so 1 – 12 face inside and 13-22 outside
means one row 12 units and another row only 10 units?

@evank </a

you pick your unit without know the location?

@evank

What unit you get? Happy with it?

@LMC

Can we pick the unit? Ballot, right?

@Ewe

I also ballot. But after ballot, I not happy with the unit. So i exchange with the people who also ballot that day. Which floor you get?

@evank
Yes. Because 2 lifts facing outside already taken up the space.

@LMC
I got Tower A under open for public by ballot too but I turned it down because I was not happy with the unit (not nice to mention the floor here).

@LMC
haha yeah actually i was quite in a hurry due to a emergency i got the unit took a brief look so looking to confirm the layout

@Ewe
You buy under ‘open to public’ units through balloting ?? not you choose the available units ?? i thought balloting is for those buying under State gov. approved applicants only ?

@June
Maybe let I clarify here as what i know, the balloting for open unit is ballot for the sequence of selecting a open unit due to overwhelm response. The earlier that calls from ballot will entitle to choose the remaining unit that left over.

Thanks Ralph for the explanation. My case is through agent who helped me to ballot for drop out unit.

Mine too. According to my agent, developer will fix a date and call all agents for ballot among themselves for drop out units.

Dear isantorini owners
The 70% buyers registered with state gomen , can we sell to open market in future? Or can only sell back to those registered with state gomen only?

@Greece
As what i heard is only can sell back to those registered state government.

So far any news for the shop lots? Will it be a decent shop lot like Vantage or Summerton?

These 30% public units can sell to open market only after 5yrs?
Public units can do short term rental or not?
Block a, b, c all have ballot units? One forum member here said block C only ballot? If block C only not make sense leh, 70% is ~1400units, block C only has 850 units. Anyone can clarify here?

My understanding is open for public units can sell after 5 years to Penang voters only. And open for public units are legal to rent out.

@Chan
TQ.
All please advice should I get tamarin or this one? If I can get two Santorini open units rm460k vs one tamarin. One own stay one investment is it good idea?

@Tamarinds

Please take note of item no. 2 below.

To purchase open for public criteria:
1. Purchaser has to be a registered voter in Penang.
2. Purchaser can only purchase one such affordable housing unit.
3. Purchaser can only sell after 5 years from the date of vacant procession.

5 years installment >100k + interest under construction > 20k, ur total cost around 550k, how much u can rent to cover ur installment? How much u can sell after 5 years? Gt value for affordable project? If bank value still remain same 400k for afforable project then u gg lah

3 years construction + 5 years lock in period, around 9 years u can invest 3 other project and earn 3 times money, this project risky and may be earn nothing in the end

@Tamarinds

Please share your final decision here. I want to learn from you. Thanks.

@Tamarinds

There are more than 2K units here. Rent out will not be easy. Sub-sale will be an issue as well. You have to think twice.

One block 700 units, 700×3 occupants(average)=2100, 700×2 cars=1400…..can you imagine that! Not very easy for the management to maintain such a huge number of units even they are efficient. That will be the main problem in the future.

recently I was told this developer is not paying their employee salary & compensations on time but at their boss’s wish & convenience.. is that true or a sign of financial problem if this is true? hope it is just a plain rumor.

Affordable home is meant for those going for own stay, not for rent out.

Sorry to disturb you all.. can anyone know if water pump room located same floor with my unit, is it will have any noice ?

@mandy
no idea, hehe. do u mean same level or just nex to the wall?

@mandy,
Are you staying at condo or apt now? You may go check out your current apt which level has pump room and ask the owner next to it. I believe generally no issue one.

@fart hard

Actually almost all the construction field also will facing some money issue. But at least i can c the piling works at site still going on. Pump room floor usually no issue. However if issue occur,you wont able to imagine the effect.

Come :
Affordable home is meant for those going for own stay, not for rent out.

means cannot invest lah.

@Xpid
Agree with u. Please do understand the objective of affordable house mainly is for first house own stay, definitely not a good choice for investment purpose.

Hi all,

Actually any1 here already sign SnP? And regarding the house loan, any 1 here pay full amount instead of paying the progressive claim interest? So far, only public bank offer me such thing as once approve, can go for full amount installment instead of progressive claim interest.

This project is leasehold 85 years left how come you don’t mind buying the unit? Leasehold in strategic location (tanjung tokong/georgetown) or freehold in far away area (batu feringghi/paya terubong) which is better? I am in dilemma…

PBB called to submit docs for loan application. Does this means that the unit is confirmed? Didn’t receive call from Ideal informing….If loan approved, repayment starts from day receive key?

@Aries

Doc submission does mean unit confirmed. It is just loan application. You have to deal with Ideal to secure your unit. Any doubts, consult your banker and Ideal.

@Aries

Sorry. Typo error. Should be does not mean unit is confirmed.

@LMC
as wat i know, UOB can go for installments after 50% disbursement done.

Flexi Loan us more flexi. If you have the money, you can deposit into your account, save the interest. Ask your banker to explain in detail.

@tan

thanks. i received ambank offer with 4+0.45 and also public bank 3.65+0.75….which to accept?

@LMC
public bank lah .. lower 0.05% .. UOB offer me 3.98+0.47=4.45% only

I just applied at komtar for this project? How long can I get respond from them? Just worried the units are all sold.

@Aitheng Lee
i think quite alot already receive booking fee. But loan approval still unknown. last time i wait around 3months lik tat loh

@LMC

Which unit you got?

@Ah Wei

I got block C high floor though ballot. how about you?

@jen8,
Free hold easier to get loan approval if u have potential buyer frm u next time.

If ur leasehold tenure has very little years left, maybe 10yrs 20yrs left, u wnna sell is quite impossible, bank won’t approve buyer loan.

But I believe state government will sure extend the leasehold period when your kids or grand kids inherited it from you.

For peace of mind, better buy freehold unit.

this leasehold and very high density (2100+ units) .. i-SantokSinging is for own stay only , not for investment

Hi all, i have been approved this condo.
But i want to cancel now, how should i do?
Call and told them or just left it? Tq!

You should write/inform the state housing & Ideal accordingly and properly so that they will take your name off the system, otherwise next time if you want to apply for any state housing, you might have problems.

Call and tell them.

@Raplh
How if I have already signed the loan and not satisfy with the balloted affordable unit? Still can refuse?

I’m not satisfied with the unit either. Received a call saying that they will bank in the cheque soon (7/4). Can still change unit? Or anyone willing to change? I got tower C middle floor facing the pool .

@SeriouslyNew
In my opinion, should you only sign your loan offer letter together with your satisfy unit (your loan offer letter stated your unit number also).
If that is the case, I don’t see any chance they allow you to change your unit, what I foresee is either accept your current unit or withdraw it, but strongly advice you make it before they bank in your cheque.
IMHO, any mistake please correct me. Thanks.

@Jaren
What I heard about changing unit happen after secured a unit only apply if you request to upgrade or downgrade your current package. They will cancel your existing unit and re-arrange a ballot day base on the package you requested.

@SeriouslyNew

If not satisfied with your unit, you can reject it and take back your cheque. Case closed.

when will they bank-in the cheque ? .. for open market units ?

MIDDLE floor facing pool is nice leh, same wit me..

MIDDLE floor facing pool is ideal location. What else you want?

Just received a call from Ideal said next Friday 15/04/2016 will bank in our deposit. Anyone know when can sign S&P?

Will anyone be applying for MyDeposit under this housing project? if yes, are you able to obtain the developer’s code from Ideal? They were unable to provide when I called in to ask.

Has ANYONE whether block a, b or c signed S&P already?

@LYT
Hi, I also try to apply and research from their website also cant get the code. I also want to apply MyDeposit too. Please update here if you get the code.

Thanks a lot.

Our cheque before bank in, Ideal got call and ask to change the cheque recipient name??

@Newuser
are you saying Ideal ask you to issue new cheque ? .. what is the changed recipient name ?

@Newuser
I have been calling Ideal repeatedly but they said will only be able to provide end of next week. This is highly suspicious as I am unable to search for their code through official government portal which has all the info for other projects such as One Foresta. Did try to call up the gov agency but they were unable to find the developer I-Platinum Sdn Bhd under their database. Wondering if Ideal really did obtain their APDL license as they have already banked in some of the RM10k cheques. If this information can be freely obtained online and if they claim to already have the license, they shouldn’t need to tell us to wait until next week. Especially in the case of MyDeposit since the budget is limited to only RM200mil.

month end will sign snp. ideal bank in my 10k deposit oledi..

@LYT

So you all also not yet complete the application? Tml i will get the CCRIS from bank negara then will submit everything. Any update regarding the MyDeposit?thanks

@LMC

LMC do you got the developer license and code to submit the MyDeposit. May i know what is this CCRIS. where do i get it. please advise

Anyone know about illegal fee and stamp duty for 300k package? Anyone get 50% discount of stamp duty for 1st home buyer..?

@Titu

CCRIS is a report or statement which show your financial status. You can obtain the report only from BANK NEGARA MALAYSIA. About the license and code, i still waiting from developer. Any update from other ?

Hi all,

I just received a letter which remind me to sign snp before 29/4/16. If this is the case, i strongly believe developer already have the licence code(*which require to application of MyDeposit). However, today when i call to developer, they tell me dun hv such number or code. I think for those who want to apply the MyDeposit, we must take action. I will kept call and ask from the developer. Anyway, if any one here already have the code, please share it here. thanks thanks

Anyone know is it legal fee for 300k package is standard RM 6650? Or we can find our own lawyer?

Anyone from here already apply for My Deposit?
Would like to know is it difficult to get CCRIS report from Bank Negara? Ay update on the licence code?

@ABC

No difficult to obtain the ccris statement. But difficult in obtain the licence code from developer.

@LMC
Called up developer again today they said will only be available next week. They claim to have the code already, just waiting to be uploaded into the gov website. I do agree that we should take action as this is dragging on too long.

@LYT

Ya,especially the date of signing of snp is getting nearer. Today i call again,but this time they said mostly tml morning will have it. So what to do? tml i will call them sharp sharp 9am. Lets c. all the best to all

santorini buyer, want to create a we chat group?easy to share info ..

My loan had just approved. But I heard that government is going to reduce the affordable house price from $400k to $300k. Is this true? Will Ideal reduce the price of $350k/$400k to $300k too? http://www.theedgeproperty.com.my/content/penang-wants-federal-government-adjust-affordable-house-prices

Any update on the developer license code?

will the open affordable house price for $430K to $460 be adjusted too … reduced to $330K to $360K ?

@buyer

It all depends on Ideal. But I don’t think so.

confirm no deduce la!!! new law/statement start from april 2016 …

@FirstTimeBuyer

Impossible to reduce the price as the basic package for this project is 300k already. If you want additional car park or whatever renovation,additional charges will be apply loh. So no need to wait the revised of price.

hope house price reduce soon before sign SnP ..

No reduction la..new guide line coming up with max price for affordable home is rm300k..the size is still the same. But of course the spec will be different…

Dear all,

After few days non stop calling ideal, the licence number still cant obtain yet. And according to gov, the MyDeposit will not approve to those applicant who already sign snp OR complete their snp process. But 1thing sure is ideal confirm wont agree to delay the signing snp date. So conclusion is, good luck to all. if there is any other solution,please update here. thanks alot

@LMC
Hi,
I’ve spoken to a representative from YB Jagdeep office, Daniel. He called up Ideal and Ideal’s commitment to him is that they will provide by next week. So he will assist us in lodging a formal complaint should Ideal fail to provide by next week. Perhaps you could call up as well as the representative said I was the only one who has made this type of complaint. Thanks.

Hi .. I want to ask I-santorini project already got the Kod Pemaju ???

anyone sign spa and get the carpak location oledi?

When is the deadline to sign snp? I wish to apply for My Deposit but till now still waiting on the license code from Ideal.

@ah shun
yes, u will get to know your carpark location when sign snp

Any buyer here have signed SPA? do you use developer’s lawyer or appoint your own lawyer? this project haven’t get the approval from the controller (no licence code yet), what i feel is it seems improper to ask the buyer to sign the SPA without obtaining the code first as they will collect 10% upon signing it although they claim that they will hold it until June.

“The developer, its agent or solicitors is also prohibited from collecting any stakeholder sum before the developer has obtained the developer licence and the advertising permit.”
— http://www.hhq.com.my/2015/06/housing-development-control-licensing-act-1966-recent-amendments/

Please be cautious on the SPA if you are using developer’s lawyer, although they claim that the format is standard, it is certainly advisable that you engage a solicitor to negotiate the sale and purchase agreement’s terms on your behalf.

Interested with Tower A or C corner high floor unit. Pls PM

Licence code obtained?

How come the car park is not by ballot but is determine by the marketing team and only get to know during sign snp? Also how much lawyer fee for 1st time buyer? Since 1st time buyer entitle for 50% discount on stamp duty so it should be much more cheaper than RM6650 stated on letter. Please also take note RM6650 is not including strata title name transfer so will definitely add more cost later on.

@CCO

I bought Tamarind last year, it was the same, car park allocation was only made known during the S&P signing. In fact, it is already an improvement. The previous few properties that I bought in the early 2000, car park lots were informed only after OC.

Why so messy one?

Adeline :
Received this SMS
To Those who wish to apply for My Deposit scheme, the developer code required for I-Santorini Tower A & B is 14314 and for Tower C is 14315. Kindly inform us upon signing of SPA should you wish to apply. Those with SPA stamped are not qualified for this scheme. TQ
Those with SPA stamped are not qualified for this scheme. Izzit those bought 400k not qualified to apply My Deposit ?

@LYT
was told by developer that the code is 14315. But I am unable to input it into the application form. Can any of you do it?

@fiona

You bought Tamarind Tower A or Tower B?

@Mahendran

Tower A.

@Low
Hi Low, ur Tower C corner unit is under open to public??

Anyone able to obtain the developer code?

We can enter the developer code but it doesn’t appear to have a license code. Call to the office and ask if we can delayed the payment to the developer until everything is fully obtained, but they seems reluctant and ask us to pay first. What is the point of paying for them and let them hold the money until i have mydeposit approve?

Molly is a cute ID name

received the code and key in but do not show any license code, anyone has successfully submit?

Ideal, why you did this to us?

How can you do this to us ? so cruel, so evil …

hello…may i know mydeposit is for those who buy open to public can apply only??

Ideal salesman, can you advise Newuser?

Can anyone advise me ? Waiting for ideal developer code to apply for my deposit ? Or go to sign snp as the dateline is getting nearer.

@Unknown

If you can’t get an extension of deadline from Ideal, I’d advice you to proceed and sign. Reason being, I was told that this Mydeposit is not free money given, it’s a loan anyway. You’d have to pay it back over 10 years. So what’s the big fuss?

@kayabun

It’s “free” money. Only bounding is that u can’t sell in 10 years.

If you get it you don’t have to repay back.

@Ivan555

It’s free money? Wow! The fed gov is really taking good care of young people here.

Ideal, why you do this to us ? why oh why ..

@kayabun

It is true, free money for those still yet to own a house. It is like getting RM30k discount for your i-santorini down payment. Quickly book one and apply Mydeposit now.

Ideal is not helpful. Not ideal at all. This little simple thing also can’t settle. Haiz.

RM30k is alot of money. I die die delay the signing until i get Mydeposit.

MY DEPOSIT IS LOAN OR GOV GIVE TO U FOR FREE?

“The scheme is in the form of an incentive whereby the deposit is paid by the government directly to the developers for new projects or lawyers for the purchase of secondary houses and need not be repaid by the buyers”.

“Deposit is paid by the government to developer and need not be repaid by the buyers, but the houses cannot be sold or rented out for 10 years.”

Actually….. think it this way….

they only have budget for 7000 recipients if everyone claim 30k.

It’s a publicity stunt. 30k sounds alot. Attract attention. But not everyone gets it.

Note: You may apply but in the end may not even be selected. Just be prepared.

Apa ni? For publicity only? Haiz.

@Ivan555

No harm to try. Just like applying for JPA scholarship.

Yes. Just like applying JPA scholarship. If rejected, you can still appeal.

any whatsapp or facebook group for i santorini owners? or for mydeposit??

total dunnnoe how to said…until now..even have the code…but cant submit also..any update here?

money come 1st code come later hehehe…

“Ai Lai Mai Suak”!

Not happy just give up your unit and they will refund.

Ideal not interested in giving developer code .. only want your money

Ivan555 :Actually….. think it this way….
they only have budget for 7000 recipients if everyone claim 30k.
It’s a publicity stunt. 30k sounds alot. Attract attention. But not everyone gets it.
Note: You may apply but in the end may not even be selected. Just be prepared.

Prepared for the Bumi/Non-Bumi quota. Are you qualify for the Bumi?

@CB

Mydeposit is first come first served. That’s what the news reports. Already 10k people submitted their applications as of yesterday. With the loan rejection rate of 50%, and not everyone is buying >RM300k house, I think still got chance.

Any additional car park available for sell? Seeing now got 3 car park 438k package…Anyone got detail to share?

Ya la. Why now got 3 car parks?

Anybody here still did’t sign snp although receive letter from ideal?

Hello. Need help…Is I-Santorini built on a reclaimed land or dumping area? thanks in advance