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)
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We reach 1000 comment
I think This month Tamarind still top on the property search list
@neha
Price increase for block B after rebates and discounts would be 10% above prices of block A.
My information also said its around the same price as tower A because market is slow due to tightening of loan. So those who wish to get, not to worry. Price will not be high.
@YY
Block A starting price was 583K ONLY!
$583k only 1 or 2 units… Developer’s sales tactic
Come on
Tower A is purposely price lower so that they can sell to local young proffesional
Tower B will be increase to 1 million and very clear is to target foreigner cause they only can buy strata title property more than 1 million
Now RM depreciate so much and if I am developer sure I target them
Not like local purchaser complain here and there but yet still no money yo buy
@E&O
someone mentioned Block B only 600K+, foreigners cannot buy laa..
Ya 655k so cheap….maybe is lmc apartment view but better than giant fan view
Buyer who already have unit at Blk A will hope that Blk B will Sell higher price. Who still interested want get a unit at Tamarind will hope that Blk B price not so high. For E&O side sure want earn as much as can…Dont forget developer still not properly doing the marketing job yet. Still have many marketing tool didnt come out yet ; brousher, neswpaper, video, property fair, market to our country….
Why should I pay >1M where locals can easily get it at RM600k to 700k?
Only stupid people buy Tamarind la, hahahaha
Price for type A and B will be higher due to larger unit….local also buying these better unit at ard 900k to nearly a million partiularly with seaview…where as lower floor unit type C with not so pleasant view will be sold lower. price hence for local young professionals
We cant make general comments on these …
@foreigner…
All project above a million anywhr in msia also have foreigner as potential buyer not only tamarind;) my 2 cents..take no offence
Confirm 10% increment for block B. Don’t listen to other rumors and speculations.
Any idea when is the launching date for tower b?
@Dragonfruit
Fan view not an issue at all. U can put up curtains at masterroom. Soon you get used to it. Confirm no noise from fans as they are ventilation fans for air circulation, with no motors running like in air-conc. units.
What hv u decided – still wanna let go your unit? People lining up to buy your unit if you let go.
ventilation fans run on motor, will be very noisy. the bigger the noisier it becomes.. units next to pump room also noisy.. all these are long term disturbance..
@Ali Baba
After 4 year u will know who is stupid. hahahahaha
@Ali Baba
Ya, we are stupid. We only know buy tamarind project. Hahaha
I have decided to sign the S&P after hearing that people are waiting for units to be given up by initial buyers. Also, people say block B price will increase 10%, wah, already make money!
@Ali Baba
Thomas quotes “It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.” I think the stupidest is those who think others are stupid unless they listen to his costless advice.
@Ali BaBa
I bought it for own stay. I like the location because I stay in the neighbourhood for quite some times and this is the price I can afford. What is wrong with me to spend my money for a home I like. Who do you think you are to make this statement?
Block B is very good view. The land at the side is to build a school according to internal source. That means you can have seaview whereas Block A is a triangle with buildings surrounding. Air and view is totally blocked. But not to worry about the price of Block B. It will be similar pricing because of the high density and slow market. Those who say this Tamarind target market is foreigner is wrong. Target market is local mid-income type. Those rich will get Quayside. Block B will be launched very soon so stay tune.
@LV
True. Banks reject close to 50% of loan application. 95% sold can be just 45% actually sold.. that’s why the price won’t be much different..
the proposed school is nearby Brezza condo there, not next to Tamarind.
the vacant land next to Tamarind is still own by state gov, they can simply sell to anyone to build high rise, those who bought Block-B facing it, be prepared to see high rise blocking in future.
@Ren
Yes. You also know the current market condition. Rejection rate of loan is very very high. That’s why you hear people say developer cheat saying their project was fully sold but now still selling. They are not lying. It was fully booked but then loan rejection is as high as 50%. So they got to sell again. Ask your bankers.
@Sean
Like you said, proposed only. You also agree the land next to tamarind is government land. So my information tells me they are going to build next to tamarind. If my information turns out to be true next time, then block B buyers gain tremendously compared to block A with similar pricing. Go figure.
IF only block B will sell at similar pricing as Block A……I doubt so..
Block B confirm 10% increase in price above block A.
Land next to block B is ewein bhd. Confirm high rise in the future.
Application has been approved:
http://www.epbt.gov.my/osc/Proj_Info.cfm?Name=581191&S=S
Public Announcement:
http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/794158295DAF327248257CF5000D2690/$File/EWEIN%20-%20Circular-final.pdf
Looks like this CITY OF DREAMS condo (by EWEIN) location is not on the vacant land next to E&O’s Tamarind. Did anyone know who own that piece of vacant land?
Check something……..
Is there any 6% gst charges if s&p signed after end of march?
Wow… looks like two blocks of overpriced flat… reputable developers such as E&O also cannot weather the cooling measures..
The land does belong to Ewin Bhd and Consortium Zenith jointly and its to be used as part of the tunnel to be built. There will be NO high rise on this piece of land . Block B purchasers would be the real lucky ones to benefit from their purchase, albeit at 10% higher. Its worth it!
Hi neha, do you know what will be built on the land next to block b??
@neha
Hi neha, there will be a high rise there. I have seen the plan. They can’t have the tunnel there because the outer ring road will be there.
Will stack 15 get afternoon sun or can jazz will shield this unit?
50% bank rejected? No unit return at all.. Funny.
Any deadline of signing S&P after booking?
I read Ewein’s prospectus on land development. Based on GE Tan’s report which was submitted as part of Ewein’s prospectus, the land is in Lengkok Endau. Google map shows Lengkok Endau is a nearer to the sea. We still don’t know what they have plan for the land next to Tower B.
@VerSus13
Have you decided whether to take up your opposite pump room unit? If not, can I have it?
Anyone havent sign s n p?
why so late sign SnP ? E&O no call u for signing?
I heard for those who wish to buy extra carpark, better go sign asap, as the latter u sign, nice extra carpark spots being taken by other buyer
@Dragonfruit
u still not yet sign the Snp ? my friend still looking a unit, if hv any buyer give up pls inform us, thanks
@ck
Maybe you can ask VerSus13 since his is pump room unit, if you don’t mind. Perhaps there are other pump room units or lower/higher floors too. Have you checked with e&o?
@okie
Hv chechk with e&o a few time, but still dont hv unit open out
Then you maybe wait for tower B. No choice.
how many pump rooms in Tower-A ? Do we need so many pump rooms in a high rise?
wow…this thread is very lau juak ah. E&O must be very happy and laughing all the way to the bank. haha
@okie
We will try get a unit first at Blk A, Blk B we r worry about the price maybe over our budget
released my unit as well after holding on to it for a few weeks..
I had chosen a so called sea view unit which comes with a hefty premium and then when the SA mentioned that the view its “not guaranteed”, I decided not to take the risk..in fact I had this remark made to me by two different SAs..is there something that the developer is not revealing?
@archie
can i know ur unit no & price ? TQ
@archie
Maybe they dare not guarantee because in future there will be the big island STP2. So there really won’t be much seaview. It will become island view.
@archie
If you are buying for the sake of having a sea view I would recommend Andaman by quayside for you. That’s provided if you are not on a budget. Otherwise, welcome to the team, you get what you pay for.
island view not bad mah… as long as not all high rise on the island
The island has mixed high rise and low rise. Middle of the island will be high rise.
How can we be sure that the fans will generate a lot of noise? U mean most units will hear noise all year around, cant sleep at night?
pls let me know your unit no, I want.@archie
@neha
I think if the fans are really noisy, we will complain to Jazz hotel instead of keeping quiet.
@melbourne
I think most of the fan facing unit buyers are not aware of this situation. Dont know how they would react once they come to know, but it would be too late by then as S&P would already have been stamped by then.
@neha
When we move in and fan noise is loud, we sure complain. Frankly, car noise is even louder than fan noise. So don’t be overly worried. Did you get a low floor unit facing fan?
Neha still waiting to buy released unit ?
Output exhaust from these gigantic fans can be anything. From car fume from multistorey garage, FnB, sewage etc depending on what feeds into these exhaust fans. Units facing these output from Jazz are exposed to any fumes coming off directly, apart from the potential noise pollution. Over a period of time the building wall and units are certainly going to degrade at an accelerated rate compare to clean and natural ventilated units. I’d be utterly concern about the air that feeds into these units.
If I were you I will canceling my purchase immediately and re-select another unit at all cost.
Well said v pay for what v get..its personal preferences..i tink many r buying for location
@dragonfruit
Have you let go your unit? Can you please let me know if you don’t want/
So, Dragonfruit: are u releasing your unit or not – what’s ur decision? Been a long time u were wanting to let go. If not letting go, what’s making u change ur mind?
Confirmed this will be build beside The Tamarind.
https://www.penangpropertytalk.com/2013/12/city-of-dreams/
May i know that Blk B already open for booking ?? Any Update??
As of yesterday, sales agent still don’t know when.
Don’t mislead, get your facts right. City of Dreams project IS NOT besides The Tamarind Tower-B.
Application has been approved:
http://www.epbt.gov.my/osc/Proj_Info.cfm?Name=581191&S=S
Public Announcement:
http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/794158295DAF327248257CF5000D2690/$File/EWEIN%20-%20Circular-final.pdf
CY very cute.. give a link with a map somemore
The tamarind still top of the list this month
Congrats to all the buyers
Good location but… The design for the building @-@
@Segafr3do
it doesn’t matter since most of us buy to flip.
@Segafr3do
You mean the building won’t look nice? Hhmm…would you share with us what you would consider a nice looking building? Quayside? Skyhome? 1Tanjong? Cove? Inifinity???
@kangkung
1 Tanjung is one of the best..
This is affordable housing?
Any units? SA please contact me ychenfei@gmail.com
@steve
I don’t think hv any SA will contact u, I already do the registration more than 5 time with developer but the SA still didn’t contact me. If u really interested to hv a unit my advice is u hv direct go to sale office, if u r lucky maybe can get a unit. But I go there already more than 5 time until today I still can’t get a unit. Only can do just wait Blk B for open
@steve – You can call this “affordable housing” if it’s affordable to you (pun intended)
This is ‘ Executive affordable housing ‘ price range 750k – 1.3M
very affordable lo this tamarind…lol..
don’t confuse.
this Tamarind has nothing to do with state gov’s affordable housing scheme.
just that E&O say the pricing is ‘affordable’ to certain group of population (maybe they refer to those earning high income).
Just check, there are still units there but to some it is not what they want so they said it’s sold out…
Type C (1047) on higher floor facing pool still available
Type A (1372)facing Tanjung Bungah still available
@Property 123
May i kow that Type C (1047) on higher floor facing pool @how much ?
95% sold.. still the same as last few weeks.
The Tamarind already get the APDL ? Have any Update ??
May I know is everyone signing S&P?
@Good
Ya, my Snp & loan agreement already Signed.
have my SnP signed on early March also, the staff said will stamping on end-March….but now is already early April……hahaha I guess E&O is playing drag-delay game again…..a usual practice for developer nowadays.
me signed the SnP and Bank agreement too on begining of march
do you know how much??
Property 123
April 7th, 2015 at 14:06 | #82 Reply | Quote
Just check, there are still units there but to some it is not what they want so they said it’s sold out…
Type C (1047) on higher floor facing pool still available
Type A (1372)facing Tanjung Bungah still available
How much for these units??
their lawyer so fast ask u to sign bank agreement? Or you mean bank loan offer letter?
I wonder why all people bother to talk/buy and keep boosting about this TWO OVER PRICED FLAT, which they claim to be AFFORDABLE CONDO for middle income people?
Does middle income don’t deserve sea view but facing fan everyday?
How ridiculous for people to fall into this biggest scam in the history?
Once it’s completed most will regret of their choices of buy a Flat in a High Dense Flat.
Please wake up people~
planning to let go TOWER A at 28th Floor facing playground…for a small profit..
email me at mikeng277@gmail.com if interested..
@Mike
Hi Mike don’t cheat people. E&O will take back the unit the moment you don’t want it. They have a few cases of people trying to make profits from letting go and they don’t allow it. So people don’t fall prey to his attempt to cheat u
@jean
Ya,Loan Agreement already Signed.
@GogoNut
Ya, we already wake up ,dont want miss this opportunity so choose we choose project Tamarind
what bank your loan ? so fast sign loan agreement already. your banker very efficient.
lawyer still haven’t call me to sign the loan agreement…
@SP
DO want your child to live in a flat in the future?
@GogoNut
I live on a landed home now in Pulau Tikus. My children love apartment so much (because of the pool and the view) so I bought an apartment at Surin few years ago. My daughter already told me she will be moving out to an apartment when she’s old enough. I have recently rented out my unit at Surin, much to the dismay of the kids. So I have purchased another unit at Tamarind. So your question of “DO want your child to live in a flat in the future?”, I guess the answer is going to be obvious.
I wonder why people keep coming into this forum just for the pure purpose of flaming people (buyers). Free world man. Peace.
@AO
Jealous kut…or bought some other property n regretted kut…LOL
What’s there to regret when there are more than 1,104 units and yet to be
confirmed or more.
welcome Join Tamarind Facebook : “The Tamarind By E&O”
Tamarind Blk B already open for booking ? Anyone hv booking a unit at Blk B ?
Wow….Penang will have LRT !
Hopefully hv LRT station at strait quay, value sure boom !!
As I know, Block B have not open for booking yet, just for register… Please update here
I am very happy. this is my first property!
@whee
You’re happy with Tamarind, or only just because this is your first property?
I had booked a unit in the early days. Up till now, no one has called me to sign the SnP and i planned to not go ahead with the purchase. Called up the sales gallery to cancel the booking, but they say must come in person to collect back the cheque. Is it so troublesome? Can i just not bother about it?
@NeedHelp
May i know which Floor & unit will be cancel ?
shut the f up man.. all haters talking about nonsense lar.. stop drama here and there ok?
@diamd
I am a Tamarind purchaser. It is meaningless trying to shut people up. If Tamarind is a good buy, no matter how much they say, it will still remain good. If it’s a bad buy, no matter how hard you try to hard sell it, the truth will surface later.
Always be true to yourself, know what you’re doing, don’t succumb to greed, and things will turn out just fine in the end.
And in the meantime, no need to get angry lah, just enjoy the drama lor!….:))
Total of 1104 units, is this a LMC project? Imagine after 1-2years, hows the pool gonna be like? Its gonna be a big pee bowl. OMG!
Why not? I can watch more bikini ladies over the swimming pool with my black glasses on :D. Another sour grape here. Sorry ya, sweet grapes already finished. Hardly to get out there. Haha, what a joke!
LMC Buyer consideration for own stay. Refer to study in the link. It has higher risk for homeowner on LMC should lots of maintenance issue, defaulter and property management issue, building quality sustaining etc. All the AFFORTABLE HOMES looks good on paper to attract buyer BUT and big BUT…..what are those people mentality to make it a nice environment to stay? Question is are those buyer in the high density LMC/AFFORTABLE homes has the discipline to pay in time for suggested monthly maintenance and sinking fund? Is there responsive resident committee that will manage the well being of the fund collected and not abuse/taken the money for their own pockets? These will be key for a strata-titled property and home owner that looking for own-stays. First, ask yourself 1104 units property, how much cash flow the management need to sustain monthly maintenance for a nice living? What it happen if 50% decided not to pay and what will happen to the property?
http://www.inspen.gov.my/inspen/v2/naprec/naprec6.pdf
@lesgirl
Quayside and Andaman has 1200 units. They don’t face any problems in maintaining the 4.5 acres water park which is double Tamarind facilities area.
Look at the developer and it’s track record and why many residence are happy with the way they are maintaining it.
Quayside is very high end luxury condo. Now selling at RM1300 per sqft. And it is still selling those people who can afford it may not be bothered by RM1000 monthly fee (I quote 1000 as example). But those people rush to buy Tamarind for own stay, will you think all these people in 1104 units has same mentality as Quayside? Go to some run down flat with high density in Ayer Itam to understand what is the problem of propery management. Someone said Tamarind pool will be a large pee hole. I think that is possible if these scenario happened
Lesgirl, how can you even think of using Ayer Itam flat as a comparison to Tamarind?? Do your market research properly before you come to the forum and embarrass yourself.
Another person talking rubbish. Using Ayer Itam flat as comparison. Ah girl… Go do your homework before you come here barking.
The maintenance of condos do not depend solely by the developer but rather
the mentality and behaviour of all living in the condos concern.
BJ Court used to be called condo….800 density. If I am tenant, I will go for breeze, Marinox….better view who care abt freehold or lease hold….this is reality. Ideal affordable and tamarind just diff by developer, freehold, and 2-3x price diff. Just Some thing to ponder….dun be defensive/offensive ya.
Wah now use BJ Court to compare. What’s next? Low cost flat?
Something for you to ponder too. No offence yeah.
Brezza and Marinox selling more expensive than Tamarind. Some more leasehold and older condo. You still say they are better buys? If you were to keep for your kids, then no need sell coz no bank will loan to your buyer in future.
Affordable by Ideal got restriction. You think those buy in Tamarind own how many properties already? Furthermore, Ideal affordable how many rooms, what’s the size, finishing, facilities, freebies, etc. Can you choose your unit in ideal affordable housing? So many things different, of course price different.
Just like you buy local buatan Malaysia car or continental car? Price definitely different.
@Eh
Please think before you speak anything. brezza is a leasehold man, no doubt the workmanship is not bad but is by UDA land, if you think marinox is better than tamarind why the zeon agent still helping them sell the developer now? buying a property the must thing is know who is the development. backgroud bla bla bla. For now, i only trust 2 developers in penang, 1st is E&O 2nd is Ecoworld. i personally think that tamarind is a good buy as i bought 650k for 1047 unit with fully fitted unit.
ideal one, the other story, 400k for 850sqft, if including furnishes like what e and o giving, at least 480k after all. if you count properly. both are priced almost the same 600-650 psf but 1 is ideal with 2000++ units, 1 is e&o with 1000++ units. Do you think you made a stupid statement?
@Penang 1
@home
That is true say. I can imagine people like you would not pay a single cent to the maintenance fee/sinking fund if your investment got stuck. Or you are not satisfy with the property management. That is what I mean by comparing Ayer Itam flats that most of those run down flat has these people like you, that do not want to pay even RM50/month. With 1104units, more of people like you stay there, it is more like living hell
@block B
650k for 1047sf Tamarind sounds like a good price. Is it facing the giant exhaust fans of The Jazz?
i am staying at Quayside so i know how the managment office run thier works and dont worry they have thier way to make sure you will pay your maintanance fees accordingly ..
@block b
tenant – someone who rent a place to stay NOT buyer or investor. i am just think from tenant perspective if i choose to hold a properties for 3 years b4 flip.
this forum is about sharing view and info. if people hv diff view from u doesn’t mean ppl are stupid. stay calm. being an rational investor shd not get too emotional.
going to sign my loan agreement after the SnP signed 2 months ago…..saw the site clearing, progress good.
I don’t think people buying tamarind will have the mentality of those staying at LMC.
As many professionals and those who are upgrading for sure are buying it because they want a better environment, which E&O will deliver.
In short people are now more Educated, as the saying goes
“cleaner, greener, safer and healthier Penang”
@Property123
Penang is definitely not greener. More and wider roads contribute to pollution. High density living contributes to more car density therefore denser pollution. Trees are getting chopped down systematically to give way for developers to make more money. This is not the Penang that I am here for.
@bambam
I think majority will disagree with you.
Do you prefer to be stranded in traffic jam everyday? Many will agree that the traffic flow in Penang is so much better with the road widening.
You can choose to progress with the people of Penang or choose to stay stagnant at where you are, the choice is up to you.
The choice is up to you.
@bambam
You said ” This is not the Penang that I am here for.”
Are you from somewhere else?
@Property123
I wouldn’t want to be stuck in a traffic jam, no. Yes, traffic flow has improved in certain parts of the island after road widening. But here’s the problem, road widening is only a temporary solution as the wider the roads get, the more cars you will have finally on the roads, and finally traffic jam again.
The state is approving for thousands of homes to be built in Tanjung area (easily 10 thousand), and you honestly think that extra 10 thousand cars can finally go on smoothly during the 6pm rush through that greenlane road that they have recently widened?
Well, you guessed it right, I will surely choose to progress rather than stagnant. But from how things look right now, we’re not progressing forward, but progressing backward. Homes are becoming less affordable, roads are getting wider and noisier with more pollution and will jam up again very soon, trees on hills are getting chopped down to build condos.
If you still choose to believe we are really progressing forward, well, there’s nothing more I can say. The choice is up to you.
@bambam
Yes! I believe we are progressing and progressing much faster than other states in Malaysia.
If you say that homes are becoming less affordable, all I can say is that nothing has ever been cheap and things will be even more expensive in another 5-10 years time.
If you compare homes that was sold 10 years ago, they seem to be affordable but it was also considered expensive at that time.
How about homes 30 years ago, it was even cheaper right? Tell a home owner to sell you their terrace house for RM20K or the price they bought 30 years ago and see what’s their answer.
We cannot get a bowl of curry mee for 5 cents anymore but then again during that time it was not consider cheap as well.
Also many external causes that pushes prices up are out of our control…Example, GST, prices increased in sugar and other household items or the global oil price fluctuation are some of the causes of prices continuously increasing.
Back to reality. We are in 2015 now and not 1970 or 1950.
Instead, we should start comparing to other develop countries like Singapore, Hong Kong, Shanghai.
If you are talking about chopping down trees for development. Look at Penang map, more than 2/3 of the island is still covered by trees. Only around 1/3 is being used for development currently.
Also why we need so many houses and why are so many houses are being built. In Penang we currently have around 1.8 million citizens (excluding our friends from other states) and we have a steady record of 2% population growth per year. This means that we have additional 36,000 new birth a year. Do you think with only 10 thousand houses being built, it will be enough to supply the ever growing demand?
Then with demand greater than supply, prices will eventually increase even higher. That is the reason why more and more houses are being built to cater to the ever growing demand of our population.
We are actually building not enough houses to cater for the current population. That is why Penang state government is working with developers to come up with affordable housing.
We have to look at the bigger picture.
I m so happy to have purchased my first home 😉
The salesman told me that The developer still waiting for the APDL number. So cannot sign the SNP even I had paid the deposit. Why from the blog many had sign the SNP?
@Yg
Ya, Developer still wait the APDL, We r already sign the Snp without APDL number, after the APDL come out will fill in at Snp than Stamping. Maybe not available unit for booking so salesman just told u cannot sign the SNP
how come so long still haven’t get the APDL number and stamp the SnP ?
Already signed SnP 2 mths ago, but they have not bank in our cheque.
All developers are facing this problem as KPKT stopped processing due to GST implementation. Now they have resume processing again.
I’m moving to Penang in June, will these apartments be ready to rent? Single British tenant, I’ll look after your investment (no dogs, feral children, Etc).
What’s the rent price likely to be? For A/C and kitchen units already installed (I have furniture etc)
@Alex
Where are you coming from?
@Hehe
Thanks for you quick reply.
@Alex
Hi Alex I have a unit for rent in June at Batu ferringhi, tourist area. Do let me know if you are interested.
@Alex
My unit is perfect for single British tenant like you. How much is your budget?
Anyone know that Still have any available unit for booking on Blk A ? When Blk B will be launch ??
@Lim
Most likely in July
Alex these apartment will be ready by 2019
Omg I just realised you guys are buying up properties that aren’t even built yet.. The Malaysian property market is crazy!
Thx for offers of help, I’ll be arriving in Penang after a few more weeks, then company will pay for 2 weeks in hotel, so not quite ready to rent right now.
Alexjkerry at gmail.com
@Alex
Hmm….guess you’re totally not familiar with what’s going on in properties. Malaysian developers are investing billions in London to build condos, and almost all sold out before foundation work has even started. And don’t you know about the housing boom/bust in Ireland in the last decade?
@Alex
But UK properties that have not been built are sold to investors in Malaysia and Singapore for the past few years now. You mean its not the norm for British people to buy new properties that have yet built? Woah, if that’s the case, then UK developers are mega rich.
I just found out the Tamarind will incurred GST. Is thar true?
@Yg
I have already signed my S and P. So I believe there won’t be GST for my unit and for those that bought early for block A but I am not sure whether GST will be incurred for block B or not.
My friend who bought Jazz just received letter told had to paid GST for rest of the 40% after 1st of April .
Yeah that’s because that’s a service apartment and I believe the developer is not a reputable one and would insist on collecting it even though S&P was signed a few years ago. By right if it is not stated in the S and P that your friend have to pay 6% GST, I believe your friend can challenge it in the housing tribunal court and win. Tamarind is commercial title but it is for residential purposes only, so under the HDA we do not get tax on GST.
Last time I asked e&o. They said there will be no gst. So hopefully trustworthy developer will be true to their words.
When will block B be launched? My friends waiting but so far no news from developer side.
The Tamarind Snp sign under the HDA so no GST. I am not sure that Jazz hv under HDA or not ?
i understand that Tamarind SPA will go to stamping soon.
@ong
If not mistake, end of May will stamping
I received a call from the company today telling me that they will bank in my cheque on next Monday. They seems to have obtained the APDL and ready to stamp the agreement.
Hi Jenny, I also received the same call. I’m going to transfer the money into the account too.
The tamarind project have video presentation ??
They going to bank-in the cheque, then stamping SnP……this project will flyyy…..
no drag, no delay……not like those Penang-Kampung-City project, delay 2 years only start… LOL
pls join The Tamarind By E&O in facebook
JJ:
never heard the tamarind will have video presentation.
Today developer inform me that on friday will bank in my cheque
ha ha, after bank-in your cheque, then the delay and drag start lo. Even after stamping SnP, delay and drag also can happen one. LOL.
Yeah… some people get excited when developer takes their money these days…
So Jenny you are a tenant your whole life lar. Coz you sound very reluctant to give developer money (in return for a unit). You think developer your father ah give you free. Even state also don’t give LMC free. That’s life. So you can carry on being TENANT FOR LIFE!!! HAHAHA
Guys, although Jenny is another potential tenant, don’t rent to this kind of people since she don’t like to pay for things. Maybe she will be those problematic ones. Need eviction order type. Who knows?!
so will u be happy if developer hold ur deposit for few years without building the house?
like that ur money is stuck, cant get your house, and lost other investment opportunity also!
@tannery
Hahaha… haven’t seen a brick already so jolly happy…
@jayden, hawk,
Since your level of trust is 0, that means you have been buying only from resale secondary market. Never once buy new. That means you have missed out the many opportunities to make big bucks last couple of years from buying new developments and selling to people like yourselves who only buy resale. You are right, we have been laughing… all the way to the bank.
Be smart investor. Know how to choose the developer properly. You think E&O will close shop and run away with your small money when they have the island reclamation which is their money-making machine coming up. Siao!
Still hv unit available for sale on blk A??
@jayden
Aiyah, why you so takut. Like this how to invest in property ah boy. Funny lah you. What makes you think Eno will hold our deposit for a few years. Eno good track record. Built all house expensive. Some more STP2 coming up. You think they stupid enough to jeopardise STP2.
hahahaha… u all mis-understood my statement above, in fact i grab a unit at Tamarind.
I am sarcastic towards Jenny as some other developer (even the big ones) did drag the snp signing n stamping, like the ‘penang kampung city’ mentioned by janet, drag 2 yrs.
so, choose the developer wisely
Developer already bank in my cheque, Good Luck 😉
Coming soon… our future neighbours@ I-Santorini. 3 blocks of condos with shoplots on the ground and first floor
2000+ units plus 1000 from tamarind..will there be over supply?
I don’t mind to rent for my whole life if the rental is much lower than the monthly installment. Imagine paying RM4k a month to bank for the next 30 years, plus few hundreds dollar of maintenance fees every month. I can easily rent a fully furnished condo near Gurney below RM3K. Rent might be lower due to over supply in the near future.
I don’t mind to rent for my whole life if the rental is much lower than the monthly installment. Imagine paying RM4k a month to bank for the next 30 years, plus few hundreds dollar of maintenance fees every month. I can easily rent a fully furnished condo near Gurney below RM3K. Rent might be lower due to over supply in the near future.
@Jenny
So Jenny, how much are you willing to fork out to buy? RM600psf? 500psf? 400psf? 300psf? I know the lower the better, but just to be reasonable, how much do you think is a fair price for a location like Tamarind’s?
that place is so jam up. For real, u guys think its a good buy?
Want to get to town/bayan lepas, u either have to pass by the jammed up Gurney and Pulau Tikus, or the narrow Mt. Erskine road….
I feel so frustrated everytime sitting in the jam in that area, when I am heading to Batu Ferringhi.
Those wanna get better get fast. Heard got some units (big units or very high floor left). Block B sure go up by 15%.
@tekong
still have any unit available for sale On Blk A ?? When Blk B will be launching ??
I heard the lawyer said 4th quarter Blb B will launch, and Blk A only left big unit
This project confirmed quality since it is by E&O. Everything will be done professionally and since they have phase 2 of 700 over acres to develop, I am sure they will look after the interest of their existing buyers to ensure there will repetitive buying from them. Most importantly the reputation and brand of their projects. Whoever, bought the Tamarind confirmed make money already since block B is going to be 15% higher than block A. Those that will be buying block B will make money too once they reclaim the 700 over acres for development. This area is considered very prime.
My think was the other way round…want to go Tanjung Bungah…Bayan Lepas jam all the way to QB takes 20 minutes…QB to Greenlane another 20 minutes…Greenlane to Pulau Tikus another 15 minutes…Pulau Tikus to Tanjung Bungah 15 minutes…
Think the other side of the island is no difference…Only thing is that everything from Tanjung bungah to Gurney is so convenient…You have schools, food, shopping mall, banks, recreation and etc…Which makes it a better location and also that is why we can see that houses at the north east part of the island is the upper residential area…
What is the different between I Santorini and tamarind? LMC cannot rent out?
@Yuyu
Form the way I see it, the biggest difference is Ideal (Santorini) vs E&O (Tamarind).
Ideal is famous (or rather notorious) for it’s erratic quality, sometimes ok, sometimes very bad.
Since they label Santorini as “affordable”, do you think Ideal boss would want to fork out extra money to make it good quality? Use your common sense, then everything will be clear as crystal.
@Yuyu
I Santorini Vs Tamarind
Developer different : Idea Vs E&O
Dencity : 2000 Vs 1000
Leasehold vs Freehold
I Santorini is under control by Gov, Lock 5 years cant sell, after 5 year also control by Gov, only can sell to buyer who on list of affordable housing.
Tamarind is 2X the price of Santorini. Tamarind is 100% taken up by investors, and Santorini is 100% for first time house buyer for own stay.
Cannot compare isantorini with tamarind. Totally different class. You might as well compare isantorini with Andaman. Cheh!
I saw that the wooden flooring of Quayside condo is very cheap. Who still use the small square wood floor tiles nowadays?
Quayside flooring you say very cheap. You must be staying at Jesselton. Don’t look at this thread. Not suitable for your class.
@curious
Maybe I wouldn’t use the word “cheap”. I’d instead use the word “ugly” or “outdated”. I am not sure which type of wooden flooring is cheaper, but those on Quayside floor definitely don’t look good.
In fact, come to think of quality, Quayside is not that good afterall. The common area walls on some floors are starting to get water stains due to water sipping. But of course, Ideal could be far worse!!
A lot of haters here. Maybe they can’t afford it and hence they find reasons. It really doesn’t matter what you think or I think. It’s all about location and what the foreigners thinks about quality.
Quality, totally agree with you. Many sour grapes lurking in Tamarind here. They failed to pick all the sweet grapes. Or rather nothing left for them to pick, not even bread crumbs. LOL
Thanks and agreed, only can sell to buyer who are in the affordable housing list is a pain. Maybe can choose to rent after 5 years.
Tamarind vs I-Santorini
1,000 units in 7 acre of freehold land vs 2,100 units in 9.3 acre of leasehold land (85 years).
2 blocks vs 3 blocks.
No shop lots vs 68 units of shop lots
about RM650 per sf vs about RM400 per sf
No restriction to sell vs cannot sell/rent out within 5 years
Come with renovation, air-con, and kitchen cabinets vs limited renovation
8 lifts per blocks vs unknown to me
E&O vs Ideal
Nearer to Tesco and Straight Quay Marina Mall vs Nearer to vantage and Island Plaza
4 levels of car parks vs 8 levels of car parks
Quayside has so many fully furnished unit for sale or rent right now. Can’t think of any good reason Tamarind can beat Quayside or Santorini. Not seaside, and not cheap. Neither here or there.
Hehe.. Different market segment. Why compete with one another??? If you like this location and able to pay RM1.5 mil or more, go for quayside. if can only pay less than 500K, go for i-Santorini, otherwise go for tamarind. If don’t like the location, end of the story, full stop.