The Tamarind
The Tamarind, a freehold executive apartments by E&O Property at Seri Tanjung Pinang, Penang. Located along Jalan Seri Tanjung Pinang 1, within walking distance to Straits Quay and Tesco. It is also well connected by strategic access roads to many amenities including schools, medical centres and shopping malls.
This development comprises two 33-storey towers of service apartments.
Project Name: The Tamarind
Location : Seri Tanjung Pinang, Penang
Property Type : Executive Apartments
Tenure : Freehold
Total Units: 1,104 (To be confirmed)
Built-up Area: 1,042 sq.ft. onwards
Indicative Price: RM 600,000 onwards
Developer : E&O Property Development
Estimated Completion : 2019
Location Map:
Contributed by reader (Update 18/07/15)
[nggallery id=121]
Show unit open for viewing…from what I saw only stack 1,2,3A,6 & 8 available from mid floor onwards…
Yup, this was the situation over there. Yesterday I joined friend of mine went kepoh kepoh, end up both kena 1 sea view unit back home……
Today all sea view units sold out……really unbelievable!
Anyone can share how much they paid for a seaview unit 1000sf type after the 13% discount?
I just want to have a rough idea. Thanks.
seaview 1000sf only left 1 today (evening), about 1 mil (before discount).
those facing jazz hotel also not much left, mostly top floor, or bigger 1300sft units.
Not sure about those unit facing low cost (evening sun), but sales agent tell me those units higher price than those facing Jazz hotel…..feel weird.
anyway, just whack 1 unit facing Jazz hotel….
I am impress with the take up rate…I never thought that the unit will come with built in kitchen cabinets, air conditioning units, timber flooring and also the bathroom will be all nicely done up…
With their advertisement with IKEA it shows that it’s with basic furniture and decoration you can move in which is also a good idea for those with limited budget…
With just 5% down payment and free SPA and Loan Documentations…This is really a good deal as some original sub sale project prices are even higher and comes unfurnished…
Location speaks for it self with the Seri Tanjung Pinang address…
All I can say is that E&O did a great job even though prices starts from 600K to about 1.2m they don’t hold back on quality…
Thumbs up!
@Mr Lee
With their advertisement with IKEA it shows that with basic furniture and decoration you can move in which is also a good idea for those with limited budget…
It is certainly a good buy. If you were to compare the peak residences and the new launched mont residence by VST. The Tamarind wins hands down in terms of pricing, location, the quality and appeal.
Good job E and O.
@Lol,
I would disagree with lol on this being a good buy. Here are the reasons:
1. Per sq.ft prices when calculated does not sync with the high dense and commercial status.
2. Rooms are tiny, kitchen is tiny, ceiling height is average , no view on cheaper units.
3. Pool is small – consider the noise & congestedness once all 3000+ residents start to use this.
If you compare psf wise, it is either at par or slightly more expensive than the other projects. Breeza, Mt residence and The peak have their own unique advantages which this high dense project does not have.
We should not just look at the brand name alone. There are so many other factors to be considered as well.
I’m glad I didn’t fall into this buying frenzy, if it is true at all. Nobody knows the real situation, except the deveolper. Folks normally are gullible into falling for the sales tactics of developers very easily. Some are totally oblivious of the tactics used by developers.
Also when prices are advertised as from 583k onwards, beleive me, NOBODY gets this price. Reality sets in when you suddenly realize its from 783k onwards instead , as all ‘cheaper’ units have been ‘sold’!
The only thing good coming out of this project, as I see it, is the kitchen cabinets and air-conc’s. But then again, the kitchen is, like i mentioned earlier, very tiny.
@neha & Lol
I agree with both of you. Yes, both of you. Tamarind is surely a good buy when compared to Mont Residence due to it’s location. But it is not a good buy when you think about the huge profit margin that E&O will be enjoying for selling at such high price for such high density.
In other words, both developers are ripping consumers off. VST is ripping your brains, heart and lungs apart (the bigger rip-off), while E&O is ripping only your kidney apart (the smaller rip-off).
@neha
The peak’s location and quality is very bad. Rental yield is about rm1500 a month for the peak. There are plenty of defects from cracks to serious issues with leakages. Swimming is algae infested. It is just a matter of time before it loses it’s appeal.
Mont residence pricing and location at rm800psft doesn’t appeal to me.
Brezza yes it is a good location and pricing wise is competitive too.
The reason why I bought Tamarind is because of the quality and location and most importantly the pricing.
I managed to get my unit below rm700K because I went early and it’s above 20th floor. However it is facing the jazz project. There is a high chance I get pocket of sea views from my unit and most importantly I get the pool view from jazz residence. Either way it is a good deal for me.
Kitchen, heaters, floorings, toilet accessories and air cons plus free stamping and legal fees.
Price wise my unit is at rm650psft. Considering that it is freehold as well. I do think it is a very good deal.
@neha
location is the main selling points for this project. For 1000sft u can’t expect everything perfect for the small size layout. I had been to SP Setia’s Pinnnacle 1100 sft show room, the living room + kitchen is big enough, but the bedrooms are just pathetic small.
Also u get walking distance to Tesco/Sam’s Groceria for your everyday needs, short driving to nearby schools / shopping malls.
Also it comes with semi-furnishing, so one can quickly move in.
Of course those poolview/seaview comes with premium pricing.
The closest competition with this Tamarind would be Brezza, with 1250sft and 1450sft. If you get something less than 800k then PSF will be lower than this Tamarind.
Does anyone know if Block B will be on sale during next weekend when it open to public.
@Lol
what unit number will get pocket seaview / Jazz hotel pool view? Is it no. 7 & 9 ?
I ask a few sales agent, all say not sure, not sure
I am interested in the 1000sqft unit but they only come with one carpark…definitely have to fork out another 30 to 40k for an extra car park…
I viewed a couple of units at breeza..the location is not bad but for location tamarind win hands down. Build quality in breeza is rather poor ..its leasehold and selling price is around 700 psf..tamarind’s resort pool looks much better than breeza..my one other main concern is that there are two empty lands below the units facing the sea..not sure what will be coming up next.
density wise, breeza wins handsdown
I drop by the sales office yesterday when I went for lunch in straits quay..cheapest units available that time is 750k for type c 1047 sq ft.
I guess all the cheaper unit already snapped up earlier by all vip and staffs
I wonder when it is launch to public on e 3rd day cny how many unit is left and what is the pricing?
Question is for a high dense project like this 750/sqft is reasonable ?
Hi bro I don’t think those facing jazz can see sea view right as they are directly facing jazz?
Btw is jazz a high class property?
If 750k is before 8+5% rebate, then its cheap. Btw what is the list price for the corner 1300+sf low floor with no view? This could possibly be below 600psf nett?
Just apartments ( Executive ) to strengthen or in disguise only. How high class
you want it to be ?
I got RM688,000 for 1,000sqft unit above the 23floor after all the rebates!! Omg!! I’m so happy!!!
I got 670k for 1047sq ft. Good luck everybody…
@Lol
Wow.. Good buy… Face jazz oso OK.. Location best.. No doubt..
The 1000sqft unit has only one carpark. I wonder will there be enough extra carpark for purchase later on?
Anyone managed to get Type B unit? and if so how much?
Reading from here kena poison oledi. Now getting ready to go. Any more units left??
Hold on, the land next to Tesco is reserved for new highway and it is facing Jazz. Is it the Park they are going to develop?
Didn’t get to book any as only like handful units on high floor but facing Jazz.
No sea views left in block A. Thinking of getting A type apartment, facing Tanjung Bungah, 1372 sq ft, which at 20th floor is 762/sq ft after rebate.
Public cant buy yet …
Any 1300 sqft left?
Public can buy since yesterday for block A. Block B will be open 21st Feb
Yes, quite a few remaining 1372 sq ft, that is type A.
Any reason why ? More expensive or not good?
@Jolly
By square feet, so more expensive plus higher floors, closing to or over a million.
What is the difference between residential and service apartment?
@ksk
11 and 15 for the jazz facing units and you get to see the jazz swimming pool as well.
HI Lol,
what is the minimum upfront money/ in term of percentage that i need to fork out if i have already own 3 properties,since it is under commercial title.
let say 700k of the unit price .please enlighten me,tq
@Lol
saw alot of your views. i too think Tamarine is quite a good project, however i jus think that it will be too congested as there are other developments surrounding the area. Imagine when everyone wants to leave for work in the morning! Plus alot of the buyers want to sell after completion. Will have a long queue to sell. Will the prices drop by then?
M wooried as well cz there r so many affordable homes ard…but heck v just have to take d risk…:)
@ckt Did they told u Block B will be on sale during CNY?
I called the sales office but the staff does not know if the Block B will be open on sales during CNY. They received no info from their management.
The problem is I need to fly all the way from JB and will be a waste of the trip if Block B is not on sale s Block A should be almost sold out by then.
Those units facing Jazz will be a bit dark(hardly get sun light) unless high floor. Need to take note b4 purchase.
@CY
Why are you buying property in Penang, you should buy in JB.
I am Penang lang mar. Currently being posted to JB for a 2 years assignment.
what are the freebies for this project?
kitchen cabinet+hood+hob+sink.
full toilet fittings
all aircond in living + bedrooms ?
I notice there are plaster ceiling on kitchen and toilet, are those included?
Also the timber flooring seems don’t cover the kitchen and main entrance?
@CY
Penang lang then no relatives and friends in Penang meh? Not coming back to Penang for CNY to meet with them meh? Why Block B more important than them ah?
@ksk
Plaster ceiling and lighting U saw at showroom are not included.
Timber flooring does not cover toilets and kitchen and main entrance, it will be tiles.
@ksk Hot water heater for shower mixer also included
.
Visited this morning to check sunrise location and also how much sun block A will be getting from pool facing. A lot was my finding. Good or bad up to you. They are now erecting the tent for official launching next to sandy car park.
@Curiousbuy
Please take note the sun is not always rise and set at exactly at same direction throughout the year, the angle will change slowly.
My advise, if you are buying within your budget it is a safe buy. If you buy just to flip I recommend you not to buy because you will just end up getting burn. At current market price I see this as the best deal available for that location after taking everything into consideration. If you are buying for own stay, it is a good location to stay.
You guys can use the traffic and jam as an excuse not to buy but that doesn’t bother me. When it comes to buying property: location and competitive pricing decides my investment decisions. Certainly not traffic.
Afternoon sun or morning sun, sea view or non sea view…..I decided on buying the units facing jazz because it is cheaper by rm150k to rm200k for the units on the same floor. Unless you really must have the sea view I don’t see why one should pay a premium of rm200k for that. That’s my logic.
I am certain I got a very good deal for my unit that is below rm700k. I get jazz pool view and pockets of quayside pool view and a chance of sea view depending in the angle of block A. I paid for a unit without sea view hence it is cheaper but I still stand a chance in getting all that.
@Lol
wow 150-200k premium for poolview/seaview at same floor ?? OMG!
Lol – what are the unit number on Jazz facing units that has the potential sea view? one thing for sure, it must be 10-15 floors onward to see Jazz pool view.
Plenty of traffic is so welcoming to me! It means the area or the project is in high demand 😉
No one can guarantee the view of Jazz facing units lah, if you want cheaper unit you have to take the risk. If you really want to choose Jazz facing unit, forget about the view but go for the price. E & O offers such price is to attract people to clear them all before they turn into “dead stock”.
Latest update, Block A are fully sold. Wondering what are they going to sell during the launching. Block B perhaps?
@sokohaw
mind to tell us roughly how much ur seaview unit, and which floor ? (after rebate)
Went thr asked sa …they cant confirm when tower b will be available due to overwhelming response by insiders…during cny the sales is based on tower A…
Tower b not sure
went to the show unit just now, the dining and living area are small. quality looks good. I booked a 1300sqft unit at the cheapest price available just now – no seaview no pool view .. only low cost apartment view. don’t think it is a good buy. can do cancellation without penalty within 2 weeks .. no wonder the response is so good
@ksk
>20 flr, ~850k after discount + rebate. Buy for own stay is ok lah, if for investment you have to depend on luck as non sea view units are sold much more cheaper. I got no choice as I like brighter house = more “ong” : )
@ong
no need show loan rejection letter if cancel?
no need @steve
@ong
How much is your unit? How cheap is your “cheapest price available”? Unit 1 or 2? Which floor?
90% sold. About 10 units left. Just came back and they are not going to release block B until further notice. Not even during the 3rd day of CNY. They are going to revise the price for sure for block B.
So, most buyers buy to stay for buy to invest? I tot Penang property is cool down already. Still got people rebut.
Lol – are you sure they will not sell tower B? Then public going to buy what on Saturday? Some more I saw the big white tent there. So they are expecting a big crowd. Can’t be 10 units for sale only. People sure will be very angry to come all the way.
This is a big developer which had totally spoiled their own image by hire such lousy people to manage the organization. Sent an official email to inform 21st is the launch date for open sale. However, today when I rush there with cheque belong from more than a hour journey. Told me all units from block A had been sold out. Then what’s the purpose of sending the invitation to all the clients? Before rushing to the office, I’ve been calling to developer office few times to ask should I book in advanced before 21st? The answer received from all the agents was – cannot. However, now told me all sold out? R they fooling all the customers? I will definitely complaint to the upper management this to the upper management. This is totally a very lousy experience that shouldn’t happen from E&O property (such well known developer).
E&O was probably caught off guard too. All the 550 units (except the bumi units) were sapu like kuih during the pre-launch. I heard that there is no plan to launch Tower B at this point. Congrats to all the buyers! They should just cancel the official launch after CNY.
Congrats to all the Tamarinders! You all have made at least 100K each thru the 13% discount & rebate. What a great start for the Year of the RAM!
@Saw
The thing is, it is only meant for existing E and O buyers but majority of the public didn’t follow the dates like you did. Most of them turn up earlier. On the first day, E and O did reject public buyers but on the 2nd day they started accepting public buyers. Within 5 days all SOLD.
If such case, then why they email us the launch date since they open for existing buyer? Mentioned 21st is the official launch date. Then they shouldn’t arrange this event as when public come to the sales gallery cannot book any unit. Don’t you think it’s ridiculous? And we’ve asked many times can we book before launch date of 21st. They insisted not allowed. And you told me next day open for public? And within 5 days sold? Yesterday I just called and they said still have available and ask us prepare cheque during 21st since now not open for booking yet. I really feel it’s ridiculous of the way they handling this
@Saw
are you existing E&O buyers?
If commercial title and other owners turn their unit into homestay or business purposes, is it legal??
Wow really 100% cleared??? Amazing! Penang ppl really rich. 700+ sq ft house also like shopping in pasar.
Saw should have just gone down to the office rather than calling by phone. Should have expected merry go round from the inexperience admins/clerks/sales execs!
@Saw
If u r genuinely interested to buy a unit, I highly recommend that you head down to the E&O sales office today at 9 am. You may get lucky so make sure you bring your cheque book.
@jen
That is what the sales person told me. They received instructions not to launch block B from their bosses. Most likely they are going to revise the prices again because of the overwhelming response from the public.
@snoopy
There won’t be any Bumi reserve units. I would know because I asked. Everybody gets the same discounts during that weekend.
@Saw
There were 10 units left yesterday at around 4pm. So maybe you should go there and have a look for yourself again. I am sure there will be units that won’t be able to get loan approval as well or people that might change their mind behind S and P signing. A lot of people might have just decided to place the 5% cheque first since it is fully refundable. How many can afford or get a loan for it is still questionable. So don’t give up hope yet. You might still get a unit at block A.
My loan officer offered me 70% loan only.
@Saw
21st is the official launch date for public. However majority of the public came a week earlier. Most likely they received news from existing buyers like me. I told my friends to come immediately after Friday.
I believe E and O was caught off guard as well. They didn’t expect so many people to come so early. They had to start giving numbers and people had to queue for their turn on Saturday. It was really like a market scenario where everyone rush to buy something.
I have place cheque to secure the 1 of the cheapest unit. after all the rebates and discount RM5xxk. since i haven’t sign snp, meaning that i still can change the name of the onwer. who are interested to get my unit i might consider to sell in slight higher price.
David how much profit would you like to make ? which type ? which floor ?
David
How can I contact u.
@sokohaw
is your unit 1047sqft type?
@fanny unit 1, facing Tesco, mid floor. at that time, there was another 1 unit at higher floor which is 50k more expensive.
@Lol
agreed. I think a lot of buyers place the order because it is refundable. was told by the sales, I can change my unit if other unit available after loan is rejected. so I believe after 2 weeks, there are some units will be available.
Leave ur number here for more details. I will call u
@ong
Your mid-floor means 10th floor? How much is the unit?
commercial title for this project so need pay 6% GST ???
commercial title for this project so need pay 6% GST ???
No need to entertain scalpers. There should be at least 10+ or even 50+ units available because of loan rejection or change of mind after CNY.
Now is buyer Market,no need so rush. Buy for own stay is ok, if buy for flip or plan for renting hv to think twice. After O.C. hv to standby some fund tahan @2 years installment, u hv 1000 unit indoor compitator also @2000 unit outdoor compitator ( Idea project ), Good Luck.
@david
Contact me if you still want to let go your unit at Tamarind-0175840382
Please indicate floor, type and price
its clearly stated on the booking form that no name change is permitted.
@david
David u do your E and O won’t allow switching of names. It is stated in the form. Besides, your opportunistic intentions here is already made known to E and O staffs. So if anyone plans to change the name of the unit registered, they will not allow it and will take back the unit. Good luck to you speculators trying to make quick money from this.
i was told free legal fee for both SnP and loan agreement.
so does that mean I only can apply loan from those loan officers at E&O sales gallery there?
Nicely said
@jean
Cost of any bank loan is also covered
stamp duty for agreements also included
Anyone knows which floor are the facilities and pump room/water tank?
Anyone know when type B ready to be launched ? ThX
Pesonal opinion, I think tamarind is a good buy over I Santorini
Simply because of th the brand, semi furnished, low dense compared to ideal, quality, facade wise, and most importantly is it freehold and it is not under affordable housing. When u want to sell also easy. About 650 psf ok la. I believe ideal one after semi furnished and 2 car park simply cost 450k ady. Psf also almost the same ady. 550psf. Only 100 different.
Ideal one is 850sqft build-up right?
@diginspire
No more 650psf units, only a small fraction out of the 1000+ units are RM650psf, the rest are RM700-800psf after discounts and rebates.
which floor is the water tank and pump room located?
Tmr will be the official launch date…guess no more good unit available d..sigh…
Anyone there today? Is tower B launched and if yes at what price?
Affordable Housing – Private Developer Projects
=============================
Mount Erskine (TRI Pinnacle) by Aspen Group
Tanjung Bungah (XXX) by BSG Property
Tanjung Tokong (i-Santorini) by Ideal Property Group
Teluk Kumbar (Ramah Pavilion) by M Summit Group
Bayan Lepas (One Foresta) by Ideal Property Group
Bayan Lepas (XXX) by Ideal Property Group
Paya Terubong (XXX) by PLB Land Sdn. Bhd.
Sungai Ara (The Clovers) by Asia Green Group
Sungai Ara (i-Condo) by Ideal Property Group
tower B will not launched. Will launching after all Tower A unit sign the S&P
@Lol
Hv book one unit 8 floor face Jazz as price 7XXK after 8% discout @680k, 5% sign S&P, May i Know is good buy ?
tower B wil not launch soon, will wait until All unit Tower A Confirm Sign SnP
what number is your facing jazz unit? after ‘discount+rebate’ is under 650k is a good deal indeed.
but one thing need to take note is Jazz hotel’s carpark is 8 floor high. so you might look at their carpark….
@jean
Ya i Know the Jazz carpark until 8th floor, already no chose, Selling like hot cake, Good View hv to spend more @ 150k – 200k at same floor & same size. my unit 1047sf after all discout and debate, @620K/sf with semi-reno + The finishing for E&O quality sure not worry + Location walking distance Tesco & Starit Quay, I think ok
@jean
Ya i Know the Jazz carpark until 8th floor, already no chose, Selling like hot cake, Good View hv to spend more @ 150k – 200k at same floor & same size. my unit 1047sf after all discout and debate, @620K/sf with semi-reno + The finishing for E&O quality sure not worry + Location walking distance Tesco & Starit Quay, I think ok
@All
how many units left? any poolview facing units left?
looks like all those pool facing units start from 800k onwards?
is the low-mid-cost flat facing units cheaper than jazz hotel facing units?
do they start selling tower B ?
@steve
My Friend booking unit low-mid-cost flat facing @830K before discout level11
anyone saw the price chart being put up at the gallery?
why E&O so secretive as if they have something to hide ..they only choose a couple of units and ask buyers to pick one..same thing today?
Its normal to hide prices.
no its not normal..
hide prices totally is normal for you guys in penang? oh dear..so cant make an educated
comparison, and if the developer takes you for a ride, buyers also ok ke? wah..
It’s abnormal but E&O couldn’t care less. We have to take it or leave it!
@jess
In essence, the buyers don’t know how many units are left? What a smart marketing strategy!
spot on…I would not buy from a developer that adopts this kind of one sided strategy – taking advantage of buyers essentially ..in reality probably just selling maybe a handful of units at 600k as advertised that is all and creating a hype right up to the actual sale and then not revealing the entire price charts (not even the available units) so that buyers are pressured into choosing with whatever has been “selected” for them by the developer..
I would say create a herd mentality hype and sell sell sell?? once everyone has signed SPA for block a – they gonna announced proudly block a 95 or 100% sold liao ..so creating a second round of BBB for block B?
maybe E&O was a good developer previously but with the recent questionable tactics, I really wonder ..?
@jess
I never bought any E&O property, but I see many penang developer properties (Ideal, Ivory, GSD, SP Setia, etc) did show their sales chart to public on launching day.
Therefore I am puzzled why E&O did not show their sales chart even on today’s launching.
is this 1300 sqft type?
I don’t know why anyone would buy this place. Its next to an open sewer and that ghastly Vantage commercial strip (what a badly built place that is). Malaysian developers are shameless
The entire area is not nice around there, as for E&O quality, there is no real quality. Look around at the other properties they have built in Penang, they use the same crappy contractor for each development and the quality is not good at all, certainly not compared to what you get in other places like, Singapore, Hong Kong, Europe, U.S etc. The used a different contractor to build the water park at Quayside and their sales guys are smart enough to only show buyers around there and not inside the crappy built condo towers.
This morning, the day of the launch for public, there were still units available for sale between 650k to 700k. I wonder how come? And nobody knows the actual situation of number of units sold! For all you know, tomorrow (ie. at time of signing S&P in 2 to 3 weeks), there will still be units on sale for this price range.
The good part of this project is the freebies valued at about at least 45k and the location whereby easy access to amenities and you get a newer building (completion 2019). The negative part would be I guess the high dense and no views or blocked views for the cheaper units, but then again you get a good price, so this part would not count.
The assesment would be 30% more due to its commercial status. The water and electricity rates would be same as all other residential condos.
I’m sure there will be quite a number of cancellations in the coming days……. so those keen to buy will still get a chance as its a very high dense project – lots and lots of units to sell.
@ong
is @1074sf, 1300sf min more than 1Mil
sharing the following info as my friend was very puzzled when she enquired with the manager of sales –
Friend to SA Manager: I booked this unit 11 yesterday and am wondering if you could reconfirm that this will have sea view as its at the end of the block?
SA Manager: ah..we cannot guarantee you will have sea view as we tell our SAs all not to confirm to buyers this will get seaview..
Friend : Hah?? But your SA was the one who told me 100% this will have seaview
SA manager: which SA did you talk to?
Friend..: “so and so”
SA Manager – oh, let me get him…
SA so and so came along and then reconfirm to my friend infront of SA manager who cannot “guarantee” the seaview that there will be seaview 100%!!!
SA Manager also said earlier that ” the architect might make some changes and the block is not where it should be and then there might be no seaview “….!!!
ADUI HAI..how to buy I tell my friend?? pay for seaview price but cannot be sure can get seaview..so who to believe? SA Manager or SA???
go figure..ini E&O wor…
Whether price chart is being revealed or not, I think developers have their pressure tactics anyway. If they reveal the price chart, they could always play the sticker game. If price chart is not being reveals, they also have their tactics.
But these tactics only work on people who buy because others are buying, and not because they really need a home or think it is a good buy.
Fair statement?
@jess
not sure which unit number your friend book? (the bigger 1300sft units?)
because E&O will reclaim another 700 acres man-made island outside the shoreline, therefore if you buying low floor units then the seaview is really not guaranteed, even you buy >20 floor also need to pray hard their man-made island masterplan don’t have high rise. (anyway, nobody knows what is their man-made island masterplan, even you know it also not guaranteed, as we know masterplan can be ‘change always’….a usual practice)
If you want guaranteed seaview, go for very highfloor, or The Andaman Series super condo.. at least certain facing of the Andaman super condo do not face the reclaimation
@Steve
I beg to differ Steve. I own quayside and the quality is great.
This place is going to boom further with STP 2 in 5-10 years time.
@jess
how come unit 11 can get seaview? Its facing the jazz and west sun… if unit 11 got seaview, then unit 7 row facing east would have higher chance to see seaview. Furthermore unit 11 row is the cheapest row in tower A.
@ALL
Hi All …i booked one unit 5th floor 674k no 7 facing jazz mind sharing which number u bought? It seems like they r keeping some low unit n release it lil by little …for the new batch of buyer to buy..so no point going early to line up..is their tactic n they have few sheets of price tag..it changes…
Thats hw they create it…
@neha
what time u went E&O launching today? the 650-700k is before or after rebates?
she booked the smallest unit 1074 sf (?) on 13th floor ..if there is no seaview or they are not sure there will be a seaview, then the developer need to state clearly – no wishy washy kind of info …its not abt Andaman or other development for that matter. If you pay for a property – don’t you want all the facts? maybe that is why developers always have an upper hand in this country – buyers in general just take whatever the developers dish out..so unfortunate
@Dragonfruit
few sheets of price tag? do you mean they increase the price tag although giving you same 8+5% discount and rebates?
no its not true , unit 11 row is the “cheapest” – becoz it just happened one of my fren’s cousin booked unit 14 also 11th floor and same price more or less..so I think the developer is really taking the buyers for a ride ..anyway, my friend has decided not to proceed with the purchase ..thank goodness!
her unit is actually no. 10..
@Lol
May I know @how much can rent out for unit 1000sf at Tamarind? No view unit
@jess
sometimes the quality/knowledge of the sales person are really pathetic. They don’t know their products well!! OMG!
It’s better buyer do their own homework properly (at least study the project / unit facing).
what to do, we are in Bolehland…
Is this property subjected to yearly fee assessment?
I mean high yearly assessment
Suddenly they told me they sold more than 100 units today…still selling the unit by noon…not sure wheter they increase…but very sure the so called low unit sold out if not true..they r keeping it n slowly release for sale to draw crowds…
Why is unit 11 row cheapest compared to unit 5-7 row ? Isnt it same…all facing jazz…
unit 10 (or 12/14/16/18/20) are all poolview/seaview facing units…..if high floor then seaview are very much guaranteed
yes, its really impossible to study the project fully when important information are not forthcoming from developer..as for the view, this info has to come from the developer as they are charging higher for the seaview. For corner units its clear cut but for the way the 2 blocks are built, some of the units may not even have seaview but buyers are paying seaview prices.
if you want to charge seaview prices, is it too much for the buyers to expect seaview ke?
number 5,7 no evening sun….unit 11 gets evening sun….maybe that’s the reason
but really don’t like their tactics that hiding the sales chart.
Why so much huge difference in price gap for same type of unit same floor same view n even now jess said facing facilities view also the same price…developer really taking us for a ride…no wonder they hiding the sheet…only buyer can view n have to just rush n buy they wont let us choose…
btw, i do not think the seaview from tamarind will be anything spectacular – anyone who has seen the seaview unit in breeza will know what i mean..the sea is sibeh far..
other condos like surin in tanjong bungah has a full seaview and its new too – less than 700psf.
@jess
I was told by my sales agent that only mid to high floor (no. 10/12/14/16 /17 /18/20) will have seaview…..and these units they will charge u a heavy premium.
the rest of the units are either facing jazz hotel, flats, or town view.
at least my SA tell the right thing
did you ask the manager – she will tell you no, we cannot guarantee that there will be seaview ..so listen to manager or listen to sales agent..? if developer provide guarantee in SPA then i rest my case..
@jess
no such things as guaranteed seaview written in SPA….hahaha
anyway even your unit is facing direct seaview, you will never know when there will pop up another reclaimation and there gone your seaview.
so, do your due diligence whether worth it to pay a premium for ‘seaview’ units, if not worth it, go buy cheaper non-seaview units……or some other projects
always remember, do not buy for the ‘view’, buy for the ‘location’
@jess
Can’t compare this area to Surin area. This is a prime area within walking distance to lots of conveniences (Tesco, Vantage shops, ballad school, etc). I am not saying Surin is lousy, but data shows that tenants are more willing to pay a higher rental for this Tanjung Pinang area.
Location, Location, Location!
Tanjung Tokong especially the STP vicinities is the top spot in Penang for foreign buyers. That’s all you need to know!
To clarify, unit 10 & 14 on the 11th floor fetch the same price. It makes sense because both are sea views, unit 14 has a better view than unit 10, but no. 14 is a not so desirable number. In order to sell both, they are priced the same. Another good marketing strategy!
For all potential genuine buyers, please ignore all the naysayers here. E&O does not need to participate in the affordable housing projects unlike other desperate developers. In fact, any E&O condo selling below RM1,000 psf is a strong buy!
maybe compare to marinox or jazz residences..i was told marinox has a full seaview no need to strain the neck or eyes….tamarind seaview most likely will be similar to that of breeza..personally nothing to shout about
those who are wandering what is the premium what has to pay for seeing a little part of the sea eg unit 10 ..its about 160k!! worth it or not? moreover, unit 10 has the nearest view of your unit opposite …but prices are the same as your neighbours on the side which has a better view..
their own SA mentioned that E&O is selling this high dense relatively affordable condo development as they are going for cash flow ! 1100 units – you guys do the math ..
so who is desperate now?
you sound like a property guru..ke ke
@snoopy
I agree with u.
@jess
Every project has it’s own advantages. Price is difference, land title is different, build quality is different, density is different, selling point would be different, facilities would be different. It really depends on your budget if you are buying projects around the same location.
Tamarind is certainly a good buy for those that bought early at rm650psft. So is Marinox at rm550psft. The same goes for Brezza.
I know of a friend who owns quayside, Brezza, marinox, jazz and he just bought tamarind as well. According to him, once STP 2 starts to develop, all his properties would increase further.
It seems like thr r no unit 3,4 nor 13,14 …those inauspicuous number replaced by 11A 2A n etc…soooo pricing same
@Dragonfruit
Hi dragon fruit. What’s the nett price after discount for your unit? How much discounts and what is the list price before discount?
@Lol
my loan max 70%, am i right only prepare 25% cash? let say price 680k, sign snp 5% (pay 34k), when foundation 10% (pay 68k), on my floor 10 %(pay 68k) am i right ? still need prepare other cash payment ?
@8th
You are right. 25%.
@8th .
Rm680k is your purchase price or nett price ?
Loan will be based on your purchase price before 5% rebate.
@Lol
thanks. After O.C. no view unit can rent how much? I belive nearby tenant will be move to Tamarind, such as Mount Erskine area the peak …
@Lol
If you think quality in Quayside is great, you must be only looking at crappy Penang buildings. The internals in the units are mostly ok but the common areas in the blocks are bad
Some blocks are better than others but here you will find someone’e facebook page showing all the defects of Block E. Even up to now many of the common area walls have not been painted, its very filthy, the lobby doors are made very cheaply and keep breaking and falling off. The internal walls in the units are not straight in some, lumpy walls. Sometimes the card entry system does not work.
When complaints are made their head office say they are struggling to find contractors. They don’t seem to be struggling to find them to build new buildings !!!. They charge high prices and talk big but don’t deliver at the end of the day
take a good look here to learn about E&O Quality
The block (10, 12, 14, 16, 18 , 20) is sea view. However, 10, 12, 14 are not panoramic sea view because their right hand side are blocked by Tower B so you cannot see the Gurney, Komtar and Bagan Ajam. The most important criteria is that they all face the man-made island.
10, 12, 14 are 1047 sf and likely priced the same.
16, 18 are 1241 sf (over 1M each)
20 is 1371 sf (I think it has the best view in the Tamarind, likely to be the most expensive)
Just notice there are more than 50 more units for sales today…
Like it or not location speaks for itself…
before cny, the SA said 90% sold..meaning only left around 50 ..yesterday, there was suddenly more than 100 sold, and then today there are 50 more units..developer playing sticker games but in a different way?
one cannot dispute the location is good but when buying properties, there are other criteria that has to be met as well in my books..eg concept, developer repute, prices, yield, future catalysts, future supply etc..so if I don’t buy tamarind, don’t assume its becoz I don’t have the budget for it ya..:) just saying..
anyway for potential buyers, this is a huge amount of info here so do your own DD lah..I have done mine and its a no go for me..for those who bought, congrats and good luck..
@Fettes Park
I wonder if any of the sea view units still available?
hello, May i know how many lifts per floor? If there are 19 units per floor, then there must be more lifts right?
Wow suddenly pop out another 50 units for sales? E&O playing games with buyers..
E&O is playing tricks?
wah ini project manyak hot
Some people can’t get loan maybe? later going to the office again to check out what’s left.
seems my last comment has not been “approved” for posting..he he am jess..so much for sharing info ya..developer cant take the heat..the truth hurts! if nothing to hide no need to be afraid ..
anyway, location is not the only criteria when looking to buy ..for those who bought, congrats and good luck!
@jolly
Yes anything bad about the developers that do not sound musical to the ears
will be deleted.
@David
Can u email me at vieresources1@gmail.com for the info.
Can u email me at vieresources1@gmail.com for the info.
@jess
Yes, you are probably right about Marinox having a nice seaview. But keep in mind that there will be a highway running right in front of it very soon.
@Jenny
Any update?
2nd day official launching…..how many units left on the chart?
today not many people, still hv people booking, i think still left few unit only
Hi Dragonfruit, 674k is before or after all rebates??
From my long observations, the best stack of facing jazz residence would be stack 15. As u might get slight sea view of quayside
Won’t one need to turn his head to see seaview @quayside from stack 15?
I think stack 5 and 7 will see seaview @quayside better.
15floor facing pool view, $889k after discount. Is it over priced?
@CY
is 1047sf ? after 8% discout = 889k or 8%+5% detabe = 889K ?
@Lol
@when Snp hv to sign ? let say purchase price 800k, already pay cheque 5% (40K) on booking, when sign S&P still need prepare any payment?
Sales price is 967K. It’s 1047sqf.
That’s work out to $868psf
@CY
Sales price is 967K, After discout 8% = 889K. and debate 5% = 844K. is @806/sf with Semi Furnised, Good View, Good Finishing, Good Area. Is it over priced?
@CY
Sales price is 967K, After discout 8% = 889K. and debate 5% = 844K. is @806/sf with Semi Furnised, Good View, Good Finishing, Good Area. Is it over priced?
@siaokia
That’s right. I got my unit 15 and I am quite happy with my purchase.
@snp
Assuming you can get a 90% loan then you don’t have to pay anything else.
I think E&O is not transparent. The price of each units on different location varies so much. I was told that each floor as you go higher is additional rm4k but when I calculated it is more than rm4k. What is the cheapest unit facing the pool? Also, will i-santorini being so near affect the value of tamarind.
This area will be over crowded. Ideal’s 2000 units affordable coming soon and tamarind will add more than 3000 over units. Those buying for own stay or weekend home this is certainly a good location. Those buying for investment you will have big competition to flip and rent upon completion. 1100 units cramped into 2 blocks is insane. Brezza and Marinox no doubt lease hold only have less than 30% density in 2 blocks each. I have to salute ENO for their marketing capability in selling such offering at such price point.
At the end of day, it is the pricing and location that makes it attractive. Besides, it is freehold, comes semi furnished, S&P and legal absorbed.
Marinox and Brezza does look attractive as well.
@3R
Well, another 3000 units cramped into that area seems to be havoc. That’s why the only way to cater to the traffic would be to build that stretch of PORR right in front of Marinox.
When both Tamarind and I-Santorini are ready, it would be around year 2020. So, still have time to build that PORR. And I agree with you too that all these high dense projects would actually make Brezza and Marinox look very low dense.
Hi all my
Unit no 7 is after discount 675k..but facing jazz car park low floor…
Ya unfortunately e n o playing sticker game…
Hi @LOL may i know if my unit is a good buy cz i bought same price like urs…but urs is high floor 20th mine is lowest floor 5th …but one thing is ur unit facing evening n my unit maybe not that hot…