Anyone any idea how many Block B units sold so far?
And what is the price on the current cheapest unit available?

You guys worry too much. Early next year you will get an answer already. Ewein will announcer their new project very soon according to Zeon people.

@howdy Hi there. You seem to know Zeon people very well. Can you confirm that they will be taking up the full piece of the government land ie 5.7acres. So that will cross out the risk of anything else being built on the land (ie waste processing/TNB). Because I now hesitate whether to sign my Sales and Purchase Agreement as the unit I chose is facing this land. Although my unit is not expensive only $700k but I don’t want to run into such risk. It’s bad for my family to stay. I read and read so many epople comment. But I also thinking very hard why Ewein only say 4.2acre. What happen to the other 1 over acre? Will be most appreciate if you can tell me what is the land by Ewein how big. I ask E&O people but they say don’t know what this land is for.

I wonder if Skyridge Garden is a better buy than Tamarind at only $490psf and 2 car parks! I’m tempted to look into this project. It seems to be of good value with more facilities than Tamarind. Any comments from anyone on this?

I think Tamarind still got lots of units, saw their booth at queensbay penang

@filterfren
Skyridge probably better than Tamarind. Same price. Think twice guys.

2 carpark
Bigger size 1400+sqf
More facility
Residential title
Peaceful mature resident

I heard its 3 car park for units above level 12.Ceiling height is 11 feet.

@God
Skyridge is much cheaper, not same price as Tamarind. Bare unit of Skyridge is 490psf. If you throw in the lawyer/ loan fees and semi-furnish items of Tamarind, you have to add another 50k. Even after adding the 50k, it still works out to be only $525psf – still way cheaper than Tamarind price of 650psf. And 11′ ceiling height is truly amazing as opposed to only 9′ of Tamarind. The lower the ceiling height, the more congested the unit becomes. E&O is a very clever developer – it squeezed in the maximum units possible by compromising on the low ceiling height. With an 11′ height, the unit becomes much spacious and broader feeling you get. More facilities, 2 car park and a much bigger swimming pool with a lower density. The only not so positive picture is the location not as good as Tamarind. And the quality of the final product i dont know – this need to be looked at as well. Does this developer provide quality finishings from its track record?

@filterfren
How to compare , the quality finishings still incomplete still can’t compare yet, unless Skyridge is build by E&O than can said much cheaper

It is obvious tamarind is better in terms of build quality and location. When it comes to property it’s all about location,location and location.

@ Jh @ Howdy
The price difference is really huge! 525psf with way more facilities and 2 carparks as opposed to 650-680psf with less facilities and 1 car park.

And don’t forget: 11′ ceiling height as opposed to only 9′ of ceiling height! Units with an 11′ ceiling heights will project a much wider space living area giving you a sense of immense satisfaction.

@filterfren
Ceiling height is just a number they give and it is not stated in the contract. Many sales person will tell you 11′, truth is they based it on the show room and the end product is much lesser. I visited Alila 2 sales gallery and the sales person there said 12′, when I double checked again it is 10′. Rm525 for that area is like buying the latitude by Ivory, it is not easy to sell now because expats won’t rent or stay there. Majority are locals. If you are buying for own stay then it is okay. Tamarind is 9.5-10′. Facilities wise, we all know that it is not just about quantity of facilities but the quality and maintenance after that. Tamarind is replicating Quayside’s water park at a smaller scale. I own a unit at Quayside so I know the quality and finishing that E&O provides. If we were to compare quayside, since it is managed by E&O, it is indeed managed very well. Most importantly again, it is the location, Andaman is going for rm1500psft. Ever wonder why it is more expensive and people are still paying for it. When they first launched Quayside it was rm650psft and everyone said expensive but it went higher. So it’s the product and the location again. Cheaper doesn’t mean it is better in this scenario. Yes OHM is cheaper but what if you have to deal with all the defects later on, it will be a nightmare. Anyway, if your budget is limited then skyridge would be the project.

@ Howdy
Wow! For Skyridge project, the land size is a whopping 7 acres housing only 486 units. I’m sold on this one for sure!! No Tamarind for me!

How much price changed from block a to block b?

@filterfren
It is the location buddy. Besides, OHM quality and workmanship is really bad. So far all the projects they have done they never really took responsibility over the defects. So good luck.

It is funny when people are comparing projects by different location and different developer offering different package. It’s a no-comparison like comparing apple to orange. If you are buying skyridge, the closest project that you should compare to is ivory projects, like the latitude, or the peak, or the latitude. at least they are developers of the same standard and in the same community.

just like nobody compare a perodua alza to a toyota alphard, and says people shouldn’t buy an alphard for the fact that alza is cheaper. Look at the workmanship of OHM at shineville farlim, and look at E&O works at Quayside and their Ariza courtyard terrace, the legendary terrace house which was the first terrace house transacted in sub sales market above one million. You are not making a fair comparison.

I am a quayside and Ariza owner, and i can say i never regret buying property from E&O, and i’m quite disappointed nowadays those who knows nothing about the E&O compare their projects directly with developers and locations of different tier.

When i bought the Ariza, it was a no man land. The land is reclaimed land, the tsunami just hit penang and everyone told me i must be mad to buy a house there. Some people even curse me, said my house was going to sink. I still remember those who laughed at me for the fact that i paid a price of a semi D for a terrace house. Today my house is worth 3 times the price i paid, and for my QS, i sold at a 50% profit last year, and if factoring my 50% loan, my profit actually doubled.

Today the money i made from buying E&O property is more what what E&O has taken from me. and i really sad when i see people nowadays making such an unjust comparison to E&O. Please, if you do not know what E&O build, at least go and visit their completed property and make more research before you make such comparison. by comparing Seri Tanjung Pinang and Mount Eskrine, it shows that people really don’t know Seri Tanjung Pinang.

@17
What 17 said may sounds harsh but i totally agree with him.. I must admit i had a loser mentality.. i was one of those who laughed at my friend when he told me he booked the terrace house. few years later i was looking at the acacia semi D and again i didn’t have the courage to buy. when they launch the villa it’s already beyond my budget.. when i knew they launch tamarind few month ago i quickly place the cheque without seeing the show house. I have missed enough being a loser, finding excuses not to buy and laugh at those who bought, ended up like a fool when my friend is getting richer and richer and i can only afford a tamarind with the same amount of money he paid for ariza… i know if i don’t buy now, i will never in my life able to own a property in seri tanjung pinang with that price range. haters gonna hate, losers will keep finding excuses. No matter what other people says about tamarind i will not regret buying the tower A, few years down the road, i will know i made a right decision. imagine i have wasted 10 years and missed millions of profit, how can i miss this again!!!!???

I always wanted to stay in seri tanjung pinang but i never had the budget. i was very upset when i knew i wasnt informed when they launch tower A, the unit within my budget range was sold out. luckily i could get a unit at tower B. seriously, i dont care even if ewein is going to build another high rise and put a wall in front of my balcony. be honest to myself, i know i have nothing to complain when i can own a freehold apartment in seri tanjong pinang, so close to straits quay. the fittings e and o provide is really a bonus to me. i’m just buying an address, and the quality assurance e and o has. i feel my money was well spent, seriously.

@LH
same here.. i also didn’t get tower A but managed to get tower B. i got 2 cp for my unit.. although the 2 cp are nt together bt no issue to me at all.

@Sandy
i like what you said, loser still remain loser.. i hv been selling property around penang past 4 years, have seen all kind of buyer. some people complain the property is overpriced it’s beyond the budget and say the house no gud, and when the property is cheap, they stil find excuse nt to buy, complain dis and dat. these are people who want to buy lexus wit toyota budget. i believe most of the agents hv had hard time dealing wit dis kind of buyer..

I share the same sentiments. The first property investment I made was the Brezza by UDA, followed by Quayside, then Marinox by Masmeyer and now Tamarind. I believe in this area and I believe it will go further once they reclaim and develop phase 2 of the island. Till this very day I am still holding onto all my properties.

I used to have a buyer looking for a gurney property, after that the owner dont want to discount further, then he said the property no gud, because the in front of the sea the furniture spoil very fast. and then say the gurney drive is muddy, say that place traffic jam every weekend etc all kind of excuses not to buy. I was wondering why he wanted to look at the house at first since he really think the place so bad, after that i found out from other agent he actually no budget to buy, the loan got rejected when he wanted to buy another property at jelutong.

@leo
i met one of those kind of buyer when i sell my condo at tj bunga too.. it is frustrating when the people are not sincere in buying the house, but want to view the house and yet talk BS . my condo was sold to a cash buyer after that, real steady, sign snp 5 days after viewing.

sometimes people are just overthink.. but cant blame them too, i was one of them. to some people it’s a big amount to buy tamarind, of course will be scared. reading the comments here just remind me of myself 10 years ago, when people asked me to buy ariza at 735k, i didnt buy because of scared of tsunami, scared of reclaim land will sink, and laugh and teased at my friend who actually book after that.. now people talk about the empty land, speculate what will come out in the land, all kinds of funny guessing, some are really nonsense, like garbage dump site… nobody will buy a land in prime area at a premium price and dump rubbish there, it’s a common sense. government has property regulation for land planning and township development. now here everyone also said they already checked, and the land is going to build xxx; power station lah, mrt lah, condo lah, substation lah, petrol station lah, it’s such a small piece of land how to build so many different things on it? i didnt buy the terrace because people tell me that’s a tsunami area and my family will die in tsunami if i buy there. then when i realize people started to make money and i miss the boat i started to tease my friends who bought there, because i was jealous. now after so many years, no tsunami, no house sink in the sea, nobody is killed. only one fool people missed out the chance to make money because of my self defeating attitude. Forgive me for being so emotional.. it still hurts every time thinking back how much i missed here..

tower B comes with 2 carparks, is not side-by-side carpark ?

@salvar
mine is separated, the sales person told me the more expensive unit are 2 cp side by side, but my cp is not very far apart, so no prob. it seems that the designer did make effort to put the cp closer to the lift..

leo :@salvar mine is separated, the sales person told me the more expensive unit are 2 cp side by side, but my cp is not very far apart, so no prob. it seems that the designer did make effort to put the cp closer to the lift..

for tower A, large unit Type A (1372 sft), Type B (1200sft) is all side-by-side carpark.

Type C was only given 1 carpark, if the buyer add another carpark, their 2 carparks is separated.

You are buying Tower-B Type C (1047sft) unit ?

@17
Another “proud owner” of Seri Tg Pinang…..come on lah all of us are locals, why make ourselves look so different after staying in Seri Tg Pinang? Those people are sharing some facts that there is cheaper property around tg tokong area, what’s wrong with that? Furthermore, buying any properties during 2006-2008 at any area in Penang will also gain min 50% profit, nothing to shout about.
In short, this is a property forum, just don’t criticize others and make yourself look smarter & richer. Nobody is interested to know how many properties you have, we want info sharing bro, cheers : )

I bought my QS 21++ sf last year for RM1.95mil. I was told I can get the same thing for RM1.7mil now. I really regret. I will never buy E&O subsale ever in my life!!!!!!!

@Tg tokong
I dont think he criticized anyone. I believe those people from skyridge came here to market their property instead and try to compare Tamarind with Skyridge. Truth is, there is no comparison. Like what he said, it is proton and BMW for example. How do you compare? If you want to compare also compare with properties around the same vicinity.

@MdmFong

You are just one the many QS buyers.

MdmFong :
I bought my QS 21++ sf last year for RM1.95mil. I was told I can get the same thing for RM1.7mil now. I really regret. I will never buy E&O subsale ever in my life!!!!!!!

not only you, e&o first hand can buy, 2nd market price too high, where to find people buy?

So amazing

Skyridge net area is 1245sf. Advertised (gross) is 1450 sf. Buyers are shortchanged by a cool RM 100K. I wonder Tamarind buyers are also being ripped off – in the sense that the nett area is only about 900sf or so, not 1047sq.ft for Type C, as advertised and sold! If this is so, Tamarind buyers also are being ripped off by a cool RM 100,000. (147sf shortchanged x 680psf). The 700k unit at Tamarind should actually have been priced at 600k, not 700k as sold!

@filterfren
You see E&O is not OHM.

@Tg tokong
Nothing is wrong when people share cheaper alternatives around tanjung tokong. but there is a reason why those properties are cheaper. orange and apple dont compare each other. When i was selling my QS unit, i have had people comparing it with the brezza and tell me my QS was overpriced. i really think it’s unfair to compare like that. besides, i never really criticize any other property, i just remind people to be more rational when making comparison. cheers,.

Tamarind is a good project.. good location and freehold. I go to the gallery as soon as a received the sms from E&O and got a type C there. The size is just nice for me and my fiancee… we both liked it.

@filterfren
Why do you say E&O shortchanged us? how did you get the 900 sf for tamarind? dont’t scare me..

@filterfren
We saw the showroom and we know exactly what we are buying.

Are u sure is 900SF ???

The measurement of the property is stated clearly in the sales and purchase agreement and there is a clause to protect the purchaser. purchaser will be compensated if the property size is shortchanged. please see your agreement clause 12.3. anyway, E&O is a public listed company, i dont believe they will do that. the damage is far beyond the 100k saved.

filterfren :
Skyridge net area is 1245sf. Advertised (gross) is 1450 sf. Buyers are shortchanged by a cool RM 100K. I wonder Tamarind buyers are also being ripped off – in the sense that the nett area is only about 900sf or so, not 1047sq.ft for Type C, as advertised and sold! If this is so, Tamarind buyers also are being ripped off by a cool RM 100,000. (147sf shortchanged x 680psf). The 700k unit at Tamarind should actually have been priced at 600k, not 700k as sold!

That’s what i am referring to. Skyridge short-change customer become E&O shortchanged customer. Being a 10 years E&O customer, i can tell you my house from E&O has never been shortchanged, nor my neighbours’ has been shortchanged. well, i’m not sure about skyridge because i never bought any property from OHM. I only say what i know, and i know E&O dont do that.

You guys have misunderstood what I’m trying to say.
What I mean is that the usable area of the unit is not 1047sf. We get to use only about 900 to 950sf of space, instead of 1047sf stipulated in the agreement. So who’s is responsible for the difference of 100 to 150sf is the main question here! Why is the purchaser forced to pay an extra 100k for space which he can’t use. The whole concept of the agreement is wrong. The developers should be the one to bear the gross minus nett area difference.

Let me put in a different way for those who still mis-understand what I’m trying to say.

You see, the whole piece of empty land belongs to the developer, right? So when they build a tiny unit for us to live in, why do they include the gross area to profit again when they are already profiting from selling us this empty piece of land?

What I’m saying is that the whole concept of the way the agreement is made is wrong, much to the detriment of all purchasers. The difference of 100 to 150 sf of space which we can’t see and use should not be on us to bear (easily a 100k extra cost for each purchaser).

@filterfren
To be honest, it is best for you to view the show room before you commit. We saw the show room for E&O and we are happy with the size and the price we are paying for.

@filterfren
In the case of Marinox by masmeyer. The unit I bought is 1650 sft but I am allowed to claim the foyer in the future and that gives me a total of 1730sft. However, the developer charged me for the 1650sft only. In all fairness, the balcony and AC should be included in the price as part of the size.

@filterfren
I have seen the design for Skyridge. The problem with Skyridge is that they included the planter box as part of the total built up as well. So indeed you guys are short changed.

@Sky
Subsale property in E&O equal to got value but no market. No market mean nobody want.. Keep it for ypurself stay& dream it..

@Humble investor

May I ask how much you paid for your Marinox? Thx.

No Wave :
@Sky
Subsale property in E&O equal to got value but no market. No market mean nobody want.. Keep it for ypurself stay& dream it..

at this market sentiment, subsale property in many places equal no value and no market. at least E&O property still can retain the value..

market is cyclical, now market is slower if you dont pick up a property now then when market recoverr the price shoot up again property will be even more expensive to own already

5 reason below why Tamarind is good buy.

1. Established& reputable High end developer E& O
2. Quality, funishing, management& workmanship no worry based on previos history project by E& O.
3. Seri Tanjung is one of the best place to stay in modern& peaceful life style in penang for now & off course even better in next 5yrs to come.
4. Future development of E&O at STP will lead benefit those property in STP. High rental yield &potential appreciation. No surprice if 1M above after completion of Tamarind.
5. Near by LRT proposed link & underground tunnel.

Hi 1 Tanjung,

1 agent told me the rental yield for quayside is very bad, true or not? I guess you will say not true since you mentioned high rental yield about tamarind. My agent tell me MYR2k+ already can rent those units which are selling for 1 mil+.

@No Wave
You may be right ….. got value but no buyer, no market.

The biggest reason is no confidence in the malaysian economy since the last few months. Ringgit’s value is being blasted left, right and centre since June 2015. Economy has suddenly turned bad and getting worse by the day.

5 reason why Tamarind is “Good Bye”.

1) Commercial title will lead to high assessment fees compared to residential.
2) STP will become a complicated& congested area to stay rather than peaceful due to many LMC project coming up with high density.
3) High value of E&O product with 1084sqf (1cp) to sell at 1M+ above will definitely to have poor subsale market..
4) Unknown land bank beside of apartment..power station? Treatment plantor etc? Not sure yet.
5) 1000+ unit of tamarind to share small &multiple of facility. Proper management will be another concern.

That’s always pros and cons, just find a location that is convenience for you and your family or within your budget. In the end of the day, you are the resident not others.

Saw Tamarind featured in property fair in Queensbay Mall. Not sure how many property fairs they need to go before they reach their sales target. Market very slow.

@OP
This is all about sticker game now.. Tough sale for tower B.. If they manage to convert from commercial title to residential then ok.. Very tough for this project now

@2 Tanjung
It is under the residential act. That means schedule H but only assessment under commercial.
When you dont want to buy or cant buy you will have 1000 reasons not to but if you can afford it and like the location it is very easy.

At the end of the day, time will tell who is right or wrong. No need to sound like a property expert because obviously you are not successful yet in life. So there is no experts here in this forum.

it is obvious that those that can’t afford to buy Tamarind will talk shit about it. Or they could be promoting their own projects as agents. Anyways, this kind of people is best not to have as neighbours because they will only be extremely noisy and a nuisance to the community. I believe those that bought and owned E&O properties knows that you get value for the money you paid. There is no need to here all those naysayers. Here is a real chance for you to own a E&O property. There might not be another chance again because pricing wise it will only go higher

tamarind is a good investment for long term. the phase 2 tanjung pinang will bring that area up into another level of market. i have had a chance to peep on the plan, but i wont share it here. buy the place and keep for 10 years until the first part of phase 2 is complete and you will be heavily rewarded. 10 years later when you make money, remember what Andy say today…

@Andy
i read an article about that too.. cannot recall the name of the contractor recently awarded, got alot of CCCCC one.. do you think the price is going to increase after that?

@Andy
i read an article about that too.. cannot recall the name of the contractor recently awarded, got a lot of CCCCC one.. do you think the price is going to increase after that?

Yes indeed Andy. I had the privilege to see the master plan as well. That’s why I am holding onto all my properties at seri tg pinang. The LRT, the Eco cycling tracks, electric cars with electric stations to refill, international 5 star hotel, international schools, golf course, canal just like the one in France, electric tramps and buses, etc….All I can say is, hold onto your properties here…it will not only stand the test of time but will go further with it as well.

Andy :
@Andy
i read an article about that too.. cannot recall the name of the contractor recently awarded, got a lot of CCCCC one.. do you think the price is going to increase after that?

Wow, using the same name as me! well, i am sure with the plan they have, more people will want to buy and stay here.

@Plan B
looks like i’m not the only one that have seen the plan

Yes. Agreed. 10yrs. Is proven for my case.

@Andy
Prepare your money for insurance.. Who know after 10year you will pass away..or stay in hospital..
Don’t just plan for property. Remember to plan for yourself too..

@Eddy
Lol there is MRTA…..

Good. We need rich and greedy investors to hold on to their properties so that the market won’t crash..

@Eddy
Don’t worry, 10 years later i will bring flower for you. you want chrysanthemum?

700K units at Block B are stlll available for sale if anyone is interested in getting a piece of this cake!

@filterfren
Did you buy?

@Howdy
Not yet. Sales does NOT seem to be good for Block B.

@filterfren
Market is slow. An insider news, City of Dreams 2 will be launching next door somewhere in February next year. Price wise around rm780K onwards….

@Howdy
I’m actually waiting for this project. I’m eager to see the whole layout plan and price on this.

Market suddenly became slow since June 2015. All economic and political issues suddenly cropped up in June 2015, a mere 4 months ago. Confidence is eroding fast as Ringgit goes on falling. One negative rating is all that is required by any 1 of the US Rating Agencies and Ringgit would go into a freefall like never seen before.

It has affected everyone – both the rich and the poor.

actually i think tower B is doing very well. The company never really do any large scale launching yet, but the other day i saw their sales chart it’s like more than 30% sold. how many projects in penang can do that? only those in good location like Seri Tanjung Pinang can have such a good sales. Tower A is 550 units, and tower B if 30% sold is 165 units… total up is 715 units sold since February.. if average price is 780k per unit, that’s about 580 mil sales already in 8 months.

of course tower B sales will be slower than tower A, all projects in everywhere also like that, first tower sales always fastest. but at least the sales is still moving.

when people says market bad, i wonder if market is really bad or the project is not so good that’s why it got stuck. back in feb this year, people have been saying market is very bad. but tamarind tower A launch has proven them wrong. i was there in the first day of tamarind launch and do you know how long i have to Q to get a unit in tower A? good project with good location will always sell. but those expecting tower B to be sold in one night is not thinking practical. half a billion sales in 8 months for a project in so called “soft market” which “many project are stuck”, if this is not a good project, then what is?

i realise some people just finding excuses not to commit in property. when the first phase launch, they say wanna wait and see the response. when they realise the sales was good and no units left, they say no choice will have to wait for tower B. now tower B is available for sale, then they say tower B is not doing well so this project is not a good buy. This is a typical speculator mentality. they always miss the boat and at the end of they day, they still wont be able to own a house in seri tanjung pinang.

@Sam
you are right.. i was too afraid of commit to buying property in earlier days.. luckily my uncle advised me to make a decision based on facts and not emotions and i’m able to own two properties and collecting rental.. he taught me to make a checklist.. if the conditions of the property fulfill all the condition of the checklist, i should take action already. and one of the top few items in my checklist is
1. is there is future development/transformation in the area
2. is that the prime area in the state
3. is infrastructure there complete? ie education, medical, transport, shopping..
4. what is within walking distance? What is within 15 minutes of driving in item 3?

if i got all positive for the items, and i have money for it, i will not hesitate. just sharing

@Mason
thank you for your sharing, i have been looking at this property for some time but lack the courage to buy it , becoz i afraid the commitment of loan. but if i keep worry about this, then i will never really get to own any property. it’s time i shall take action. i actually think the tamarind is a good project. at least the location is really prime and it’s a freehold. low cash outlay and most of the fitting is already provided. i should not hesitate already. will go to the gallery this sunday and see if there is still unit within my budget. if i can afford then i will not hesitate already.

@Janet
all the best to you!

@Mason
thank you.

i like the way E&O staff is selling this tower B this round. I think they are very professional and honest. for example, they tell me that the tamarind is not a sea view project and they do not sell this as a sea view property. Even though me and my family thinks that our unit at higher floor can get some seaview, they do not sell on the seaview. the sales person explained that they do not want to over promise when selling this property and if i got seaview it is a bonus. i really like that because it is very hard to find this kind of sales person nowadays. many people will press hard on the seaview even though there is just very little of the view has sea.

2ndly, they price the empty land facing units same as those facing the jazz residence. surprisingly they did not take advantage of the fact that the land is empty and some unit can have seaview! they explained to me that they do it this way because the tamarind is actually part of their CSR initiative, to let young executive own an e&o property and hopefully they can make profit from there to support their island project next time. so if they price it that way, it the land really got high rise come up, the buyer wont lose money and if the land didn’t build high rise, the buyer will make money. now i know why people like to buy property from e&o….

Hi all,

I am hereby penning some words below on the pros and cons of owing a unit at Tamarind:
Let’s start with Pros first:

1. To be built on solid land, not reclaimed
2. Excellent location
3. Reputed developer, so quality workmanship is highly expected
4. Value in the future will be maintained irrespective of market conditions, due to STP2
5. A new building (obviously)
6. Savings of about RM45K through semi-furnishing & free SPA and loan fees
7. Reasonably priced
8. Most likely it would be completed ahead of schedule (by Nov 2018)
9. Freehold

Now lets get into the Cons:

1. Very high density. So quality living is severely compromised
2. Low ceiling height of only 9′ (for Type C units which are the majority)
3. Surrounded by LMC flats
4. Limited facilities – no badminton,squash, lawn tennis and ping-pong
5. Most likely no high-tech card- access facility to enter building and unit
6. Most likely a very small un-attractive foyer entrance to the building
7. No roof-top facilities and view
8. Higher assessment rates due to the land being registered as commercial
9. More difficulyt to maintain a very high dense building, for the long-term

I may have missed out some other pros and cons.

So its up to the individual now to make his/her decision based on their circumstances.

Sea view units facing at towerb increased price compared to seaview unit at towerA. But units facing empty land t tower B didnt. You think e&o so stupid. Its because they already know whats coming up. So the agent say until so nice. Its bluff you only to buy. Just be careful with all developers. Bottom line is whats in it for them and not buyers priority first. Tower a face jazz will be better because they no need to suffer at least 3-4 years of noise and dust. Empty land sure high rise so no seaview. Furthermore go check whats the remaining balance on that piece of land will built beside City of Dreams. Good luck!

@ raymond
Tower A and B will be completed together.

@raymond
This is the first time e&o building mid range property. from what i observed, they are better than many many other developers building the similar range of property in terms of reliability. They already selling the units facing empty land with no-view price, which is the lowest of all, when the land is still empty and there is a chance to have sea view. what more can we ask? Honestly, now many developers are willing to do that? even like what you say, empty land sure high rise, i didnt lose anything buying the unit facing there also, right?

@filterfren

A correction for your statement :-

This is actually not solid land, it was reclaimed as well. The lands where tesco, quayside, straitsquay, brezza, STP landed homes are all sitting are actually reclaimed many years ago. Of course, the fact is, building technology has improved so much over the years that it longer matters whether the land is “original” or reclaimed. You can build 60-storey high buildings on reclaim land easily with today’s technology.

Too high dense, not comfortable to stay. Haven’t seen any condo with such density turn out successful.

@sl
for the price we pay, i think we have to accept the density. after all we cant expect the quayside/straits quay density which paying almost half of their psf price, right? i just buy this for the sake of location.

Majority buy for own stay?

finally signed my agreement! 48 months to go until i can move in with my family… anticipating…

@pmg
Most likely by Nov of 2018. So its more like 41 months!

@sl

I just came back from Hong Kong, you will understand what is the meaning of High Density.

You pay millions for a shoe box only.

I am thankful that I am in Penang

@filterfren

I am reading your cons, I do not think that they are cons as what you are paying is what you are actually getting.

If you can pay more, you can get the Andaman which is RM1,500-RM2200 per square feet and you only got all pros without cons.

However, back to earth, I cannot expect to pay a Honda Civic price and expect to get a Lamborghini specifications right? =D

I am currently checking my loan for a unit and hopefully can book within this two days.. i heard they are going to officially launch it soon. Better act fast otherwise i will have to accept whatever’s left.

Booked and signed ! Oh yea!

@Dane

They have launched it officially long time back. Because market is slow, that’s why you still have plenty of units to choose from. Don’t think you’ve hit the jackpot or something.

@Dane
May I know which unit you’ve booked?

@hotbot

they official launch tower A on 3rd day of CNY. Tower B not official launch yet. they will official launch on this coming 5th Dec.

@hotbot
I heard the Tower B is not launch yet, they are launching it in December. Market might be slow but for good project, people are still buying.

@Dane
Congratulations!

@cool_man
I dont feel safe to let everyone know my address here, for safety reason. I bought a pool view unit at mid level.

@Onp
Thank you!

you all should buy the tamarind, let’s be neighbour!

@Dane
sorry i should clarify my question.
I supposed to ask which type of unit you booked.
As I’m enquiring my loan too…
If success, probably we are future neightbour.
Because the unit I reserved is mid level with pool view too..

OK. Sorry. What I meant was almost everyone knew about the opening of Tower B for sale beginning of Oct. So the official launching will mean nothing. I got an SMS on 7 Oct, and then another one on 8 Oct, and then 9 Oct again regarding the “unofficial” launch.

I am a buyer of Tower A, but now I don’t think I got a good deal. I shall not go into detail why since I am an owner afterall (conflict of interest). I am actually considering cancelling my purchase and forego the 5% payment. I will make a decision soon as E&O is starting to ask for 2nd payment already.

@Dane

nice choice…..your unit should be in the range of 1 million plus minus ?

@hotbot
Wow you are willing to forego your 5% because you are not happy that E&O didn’t increase the price of tower B substantially so that you can have a paper gain of at least 15% because you bought 6 months earlier. Then you have to really ask yourself the purpose of buying, is it for investing or for own stay and whether you have the holding power or not because I think it is rather irrational for you to forego 5% of your hard earned savings over a hunch that you are not happy about.

@ Walau
@ hotbot
It happens! Sometimes a person realizes his mistake and rectifies it, at a loss. This gives the individual peace of mind, despite taking a 35K hit!

@ hotbot
Are you sure its 5% and not 10%?? Better clarify again.

@Dane
Facing pool costs more than 800k. Basically you have paid an extra 120k for the view. If you are happy about your purchase, good for you coz this is all that matters. A person should feel happy and satisfied about his purchase.

@cardevet
Andaman is highly overpriced! Makes no sense at all to buy Andaman.
I would not consider Tamarind price as cheap. I would say it’s the market price, neither expensive nor cheap.

I think the high price of Tamarind is due to the developer wish to maintain the class of standard of the area..
I’m quite agree with the E&O concept which they are trying to attract executive level of people to live at stp.
And Tamarind is the achieveable project at stp for young executive.
This is the long run transformation for sure.

Furthermore, every developer will have their corporate mission & vision.
As Penang has a lot of foreigner living here.
Imagine the foreign professional, they are unlikely to purchase the property at those local assembled area, then stp will be one of their consideration.
Instead of buying the bricks, you are also paying for the class of living standard.
I know some ppl might not agree woth this statement, just like you might find not worth to pay for a high tea with limited portion of food at Hotels.
This is all about the personal preference.
Anyway, everyone has their right to choose their desired properties.

@Walau

It’s not that I am not happy with E&O not increasing price for Tower B, but rather based on the current market situation. I shall not divulge more, as I do not want to affect other buyers.

@filterfren

E&O is offering a 5% rebate (deducted from the 10% buyers are suppose to pay upon signing S&P), so you just have to pay 5% only upon signing. That’s where the 5% came from.

@filterfren
I will eventually stay there so we got a pool view unit, we are willing to pay a premium, as we believe when the 2nd phase island is ready the view is oing to be beautiful. next time when we want to sell it sure will get much better value.

@Dane

Paying a premium for pool view is the biggest rip-off in condo purchase. It’s just an excuse for developers to earn extra money when they don’t have enough seaview units to sell. Based on my experience in re-selling the condos I have so far, pool view doesn’t command a premium. Also, for Block B pool view units, you won’t be able to see anything in 2nd phase. You’re totally off.

But those facing seaview units will also be very near the highway in future. So it’ll be noisy and dusty. Facing government land noisy and dusty for 4 years when City of Dreams being built plus forever facing either tenaga or indah water. I won’t take a chance. Those facing low cost and tower a west facing will be hot. So left tower a east facing Jazz hotel which is sold out. No need to buy. Go get skyridge better.

@hotbot
The agreement states that if you cancel after signing the S&P, you will have to pay the 5% rebate to E&O. You better check properly before deciding.

One must know the reason for buying, don’t simply listen to others. One must know the reason to “cut loss”, don’t simply imagine there is a loss to cut.

One thing I noticed in this forum is that most buyers talk like educated ppl. If they bought it for own stay, you have great neighbours.

If you do not buy just because of temporary construction next to you it’s very irrational. you do not own property for 3 years when you buy you usually own it for at least 10 years, otherwise you are just another speculator without real holding power that cause the market bubble and spoil the market later on. These are the people who sell property below market value and complain the project is not good, cause them to lose money.

face the fact, even tamarind faces the highway, the value of those units facing the future island will still be multiplied when the island is ready. the island is going to be a real landmark of penang like the palm to dubai. Any property facing the island built by the same developer who developed the island will fetch great value.

Those properties along gurney are in between two busy roads, but still fetches good value. all in all, location decides the value of property.

I got to agree with Button. I had viewed a number of units in Singapore that is next to the East Coast highway but with nice seaview. Just open the main door only, one can hear the zooming sound of cars with sliding door open. My husband and I feared we will not get peace in the house because it’ll be almost 24 hours non stop car sound. End up we forgo the seaview for peace and tranquility. Frankly we had headache after just 30minutes in the unit. At the end of the day, we will not be sitting at the balcony if it was noisy next to the highway right? I have a unit at Gurney but it’s not noisy because the Gurney road is only 4 lanes vs Porr maybe 6-8 lanes. The cars at Gurney also don’t go fast. Go try The Light and stand next to the highway. See how you like the sound.

@Button
So it looks like Tower A facing Jazz, Type C, ultimately ends up as the best value for money purchase in Tamarind. Looks like the best part of it all is no afternoon sun and no evening sun, especially for units 5,7,9 and 11. So can enjoy a cup of tea/coffee sitting in balcony 24/7.

@Dane
For Type B, 1200sf, facing the pool, you pay close to a million bucks after discounts, more like 950k. For Type C , 1047sf (a difference of only 153sf), you pay about 950k facing pool. In this context, I would say, Type C, 1047sf for RM 680K or so is a better value for money.

@filterfren
Stack 15 facing jazz has the best value for the price you are paying for. The balcony faces the corner end and hence the view is not obstructed. I believe the lowest floor starts from rm590k to rm720k for highest floor.

@Singapore
Tamarind is located towards the end of the PORR for tg tokong before it connects with tg bungah road at the tesco traffic light, hence it will be like gurney drive too. The cars will not be able speed or drive fast.

@Walau

Stack 15 is too near Jazz. No doubt you can get a view standing in the balcony looking to the side, but what matters is what you can see sitting in your living room. I think you and jazz will be staring into each other’s living room and bedroom. But anyway, if you are only thinking about Tamarind and nothing else, this is probably the cheapest stack. So in the sense of saving money, maybe ok.

@Button
How is Skyridge better? Location wise it is not better already. I heard that the developer has poor quality and workmanship. The balcony are actually planter box aka common area. Hence the actual unit size is 1200++sft stated in the S and P. I don’t view Skyridge as a good buy because there are many options around that area.

@Singapore
Gurney drive will have 7-8 lanes in the future. The future highway at tg tokong ends at the tesco traffic light that connects to tg bungah road. Hence it won’t be noisy vehicles can’t speed. It is not like the jelutomg expressway.

@Walau
Stack 15 price is 780K. You pay an extar 100K for the so-called ‘view’. I would rather pay 680K for a lower floor with no view. After all, the size of the unit is the same at 1047sf. Only 1 unit had a price tag of 583K ( the lowest). The next immediate cheapest unit started at 650K. There were no units between 583k and 650k. Stack 15 is considered expensive at 780K. Highest price with this size was at 790K.

Units 5,7 and 9, facing Jazz wins handsdown where value-for-money is concerned.

Howdy :
@Button
How is Skyridge better? Location wise it is not better already. I heard that the developer has poor quality and workmanship. The balcony are actually planter box aka common area. Hence the actual unit size is 1200++sft stated in the S and P. I don’t view Skyridge as a good buy because there are many options around that area.

To me, i’m happy with my purchase, the area that im be able to use is 1450 and paying only RM522psf for my unit, looking at gurney drive. No highway, no TNB, no indah water.

Location wise is good, just the concern of the future, 2155 santorini nightmare+ jazz+ low cost houses. wondering what will really happen to the access.

@filterfren

E&O very hao siao one, always play price tricks to lure people into buying. I have a few friends who got impulsive and signed the S&P, only later to realise that it is quite expensive.

kayabun :
@filterfren
E&O very hao siao one, always play price tricks to lure people into buying. I have a few friends who got impulsive and signed the S&P, only later to realise that it is quite expensive.

cannot say they hao siao also, if you buy over-priced stuff, people will consider you as “yau chin lou” a.k.a rich people. this is Penang where everybody wants the status

@Singapore
the way i see PORR will be like a substitution for tg tokong road only. Basically they both leads to the same direction. In Singapore how many sea view property doesn’t face a road? still they fetch better value then non seaview one. we will have to accept the fact that less than 3% or the property in the world has seaview. i will preserve value better than the rest in long run because it’s rare. Not to say it’s good or bad, depends on our purpose when we buy the house. in this case, i still think the PORR is not a deal breaker when it comes to tamarind. After all nobody knows when exactly the PORR will be ready.

Walau :
Location wise is good, just the concern of the future, 2155 santorini nightmare+ jazz+ low cost houses. wondering what will really happen to the access.

I have think through this issues also before i bought my tamarind. i realised that the road there has multiple access so it’s not as bad. The residents can have many alternative ways to go out in case one junction stucks. hopefully when the LRT station come up next time it’s near the tamarind. if that happens, the value surely boom.

What is the spec of Skyridge?
All & all the reason i chose Tamarind just after the scaling of Location, developer reputation, workmanship, property spec, ambient environment.
The most most important is the developer’s vision and branding concept.
Good developer selling a home, but not a house..

@click

LRT station near Tamarind? You have to be very careful when you wish for that. There will be more cons than pros.

Stack 15 some feels can see the seaview by coming out to the balcony and turning right. But afternoon west sun will shine in so you can’t sit on the balcony. Morning wise if you stand on your balcony, you will also get the morning sun. Leaving you night time to enjoy the balcony. But at night the sea is pitch dark so you can’t really see anything.

As for stack 3,5,7, you get morning sun but no afternoon sun. So you can enjoy balcony. As for seaview, they might have pockets of seaview but if worse case scenario there is no seaview, they will at least have cooling sitting room and 2 bedrooms. Many people won’t want west sun facing units because it’ll be hot.

For pricing wise, developer didn’t raise price for tower b facing reserve land. It’s not difficult to ask further why they increase price of seaview and LMC facing units but not reserve land ones. We already know COD 2 is on 4+ acres but the full land is 5+ acres. So big question what is on the 1+ acre. People already started saying some time back there’ll be tnb. How they know I don’t question. Whether it’s the truth no one knows at this moment. But Eno so experience and all their projects always increase price, why only face reserve land didn’t increase price. Even Andaman so pricey also increase price at this slow market. I definitely will think twice about getting these cheapest reserve land units. To gamble $700-750k, I won’t risk it. It’s not like it is super cheap compared to market price. Eno smart one. Even give you 2% rebate if you sign immediately so you can’t think too much.

what about stack 9 & 11? they seems to have seaview through the space in between 2 towers of jazz residences and hotel.

When i went to sign the agreement today there was another 2 groups doing the signing, and another 2 groups waiting for their turn.. i think the response is not bad

@Singapore
Wow, did you buy a unit there? Looks like you are very informative.. but too bad you didn’t get your facts right. . unit 15 is facing north, slightly turned to west, by right, the balcony will get some sun in the afternoon not in the morning. Sea view is a bonus there, people buy at a non sea view price, so no harm if no sea view.

you are right that people prefer the east facing property generally, but for stack 11 to 17 it’s not that bad at all, because it’s not perfect west that the sun shines into your house.

@Singapore

The offer is for all tower B buyer not only for government reserve view units only. I got the offer when i buy the playground facing unit too. I’m glad that they offer extra 2 per cent for this, it make it less burden for me to commit this property. I’m sorry you didn’t get the rebate for your tower A, but please dont make it like we tower B buyer has made a foolish decision buying.. we are all gonna be neighbours.. cheers

I have been reading the comments since last month and so surprised that people still haven’t got over the empty land issue. eno already priced it like jazz residence facing price then still people complain. if the company put higher price then people complain expensive, company price lower then people think sure there is something wrong. These “people” will never be able to own a house. Because whatever they encounter when buying house, they always think the negative side.. no medicine for pessimism. . .

@Button
It is denial buddy. You are paying for 1250sft and the pamphlets says planter box turned balcony. By law it is a common area. Besides, Skyridge developer has a bad reputation for quality. Let’s not compare proton and bmw. Don’t get me wrong I am happy that you are happy with your purchase.

Two of my friends bought a unit each at Tower A. Last time they missed out on the 3storey terrace for 760k, 9 yrs ago. And instead ended up buying landed (3600sf in total land size) in b.ferringgi area, for the same price (765k) as E&O. E&O’s land size for the 3storey terrace is only 1900sf. Was it a mistake? May be, maybe not. A mistake coz it appreciated less than E&O, not a mistake coz you get to do gardening on the extra land size. This time around, they didn’t wait a second to book a unit each at Tower A and is happy about their purchases due to its location.

Till to date, they are both still not sure if they made the right move to buy in B.Ferringhi area. Maybe someone can give their views to them, through this forum.

@filterfren
Back then, there is no right or wrong everything has it’s own risk. Nobody knows about E&O. Back then, bungalow houses and terrace houses was still cheap. If you asked me I would have bought all the heritage houses in town instead if only I knew.

Your friend story sounds like mine. Now I super jealous at those whobown the Ariza. They have a garden too, maintained by the committee so its hassle free. Batu feringgi is good for tourist, and only tourists.. I don’t think its even convenient for retirement.. imagine when you need special medical attention tanjung tokong has so many big medical centre nearby.. and its quite boring there plus the road really hopeless.. when roadlamp goes out its scary..

I own Andaman but didn’t take up Tamarind because I will buy those above $1m. But when I think again there are many at $700k in this development (type c), I decided against buying in. Anyway with the weakening of MYR currency and uncertainty in future ahead for Malaysia, I decided to hold and wait-and-see. The currency devaluation already slaughter my assets in Malaysia.

@filterfren Sometimes money can not be the only determining factor. If you friends enjoyed a better living ie bigger space, can do their hobby gardening, then they are better off because their B. Ferringhi houses allowed them to do so. Money cannot buy happiness and time lost. Just enjoy life and not solely measure everything with money.

People now regret never bought ariza before straits quay become reality, will people, in 5 years time, regret never bought tamarind before Seri Tanjung Pinang phase 2 become reality? rejoice and regret, the choice is in our hand..

I saw them at Paragon today. they said they already started their pre launch campaign, will be all the way til the launching on 5 Dec.. i think those interested better book early, otherwise sure will have less choice then.. glad that i already signed for my unit, when i sign the units nearby my units still available now only 1 left

PeeNUT :
If it’s RM700psf. there will be a very very long queue to buy it. Seriously even if the majority of the locals can’t afford it, the niche and rich group of investors will grab it up like there’s no tomorrow. Developments like Ivory’s City Residence and BSG’s Landmark are going at above RM1,000psf. Selling at RM700psf. is an instant profit for any buyers.
Sorry to locals (I’m a local myself), have to work harder now. Average RM4,000 salary not enough liao. I think easier to drive average salary up instead of driving property price down.

That’s why tamarind is a good buy! thankful that i made a right decision

@17

I have never regretted not to buy Straits Quay or even Tamarind.

FSong :
I saw them at Paragon today. they said they already started their pre launch campaign, will be all the way til the launching on 5 Dec.. i think those interested better book early, otherwise sure will have less choice then.. glad that i already signed for my unit, when i sign the units nearby my units still available now only 1 left

My brother and I each invested a unit. Think can easily let go with 200k profit after OC.

perhaps you never been able to afford it so you never regret. we understood that.

They are doing marketing in Alor Setar, and the response is hot here!

@Kedah

Oh yes, I love Kedah water fish!! We need more people from outside to sustain the price, otherwise price might collapse. Bank loan approval situation is very bad.

@Kedah

The responds is very bad in Penang, so need to try somewhere else. Hahaha
…………..hahaha…………..haha……………

For my personal point of view, I feel the project isn’t bad, with good developer and wise locality too. Been visited my friend’s Quayside all the time, feel the finishing and management are really good and worth for long term investment, specially the STP 2 will start to works on december. Taking consideration now for which unit to take, hahaa…

I would seriously recommend you guys to buy one before it takes off. This is an investment grade location with a reasonable entry price. We all know that future projects are not going to be cheaper. Majority are buying for own stay and that makes this project a healthy one. I was just at straits quay today for the popular book fair and from the convention centre I can view the entire township and it looks really beautiful. This area is one of a kind and it will only get better down the road with the land reclamation.

Rm700k and you guys making so much noise. Do you know that a 3 bedroom apartment in New York is USD30 million onwards. A 2 bedroom apartment in Sydney is AUD2 million.

Tamarind is lousy need so much back-up.

@ Singapore
That’s the best input/advice given – not measuring everything with money.

The currency devaluation has reduced millions of malaysians nett worth. Just one downgrade by the ratings agencies like Fitch and Moody’s is all that is needed to send the Ringgit into a second freefall and this time it would be massive one.

@Lol

Malaysia is NOT New York or Sydney.

@filterfren
Do you know that Fitch and moody will not downgrade Malaysia because China decided to support our bond market. Basically means China owns part of Malaysia’s debt. That makes China unstoppable.

15 years ago if I were to tell you 1000sft will cost rm1 million you will call me crazy. Rm1 million back then can buy 2 bungalows with huge land. So to you all non believers keep on waiting. You are investing rm700k only and you are already making a huge fuss about it.

Actually my friends and I bought a condo each in Penang as holiday home when we come to Penang. One bought The Cove, another Infinity and an Indonesian friend got Gurney Beach and 8 Gurney. Only another bought Andaman but he intends to sell. To say they lost out because they didn’t get at STP1 would be wrong coz they love staying in their homes when they fly out here. And they don’t have intention to sell anytime soon.

Currency devaluation has hit all Malaysians. I am saddened too. But hopefully MYR will get better soon. However frankly looking at historical trend, MYR vs SGD always depreciates. Thus I won’t invest in Malaysia anymore.

@Singapore
I have a few Singaporean friends taking this opportunity to buy because the currency is cheap. Hence, I don’t see why people are not investing. Buy when there is panic on the streets.

SGD keep gaining strength because singapore is a net importer and malaysia is a net exporter. Currency strength is not a direct indicator of the economic growth.

@WB

You need to get your BASIC economic understanding right. It’s not that I want to laugh at you. Hehehe.

As much as I would like to say MYR will strengthen in future, historical shows it never did. Once upon a time both countries were on par but now its 1 to 3. Since property prices in Singapore has fallen as well, might as well invest in Singapore. What we get is Grade A property and stronger currency. So we don’t need to worry about currency when we bring back our money to Singapore. Just my personal point of view.

@17
“I have never regretted” means having funds but reluctant to buy and never regretted. Low IQ must be the answer.

@LOL
it’s you who need to get your basic understanding right. Currency all over the world is somehow regulated by their respective central bank, many factors are interrelated and there is a very complicated cause effect relationship which i dont expect you to understand.

@Player
Well, regret or not is up to you, we all know the ariza has appreciated more than 3.5 times and you missed the chance.

@17
Tsunami and termites area. I will be writing something very bad regarding this area.

@Singapore
The thing is the reason why most Singaporean choose to buy in Penang is because they get a better home as compared to a pigeon hole for the same amount of money they would pay for in Singapore. I believe all forms of investments can be grade A depending on your entry price and the appreciation from it. I personally own a few properties in Singapore, Thailand , Australia, KL and Penang. I have never view all my investments as lesser if the currency depreciates in a particular country. It basically means inflation and I can ask for a higher price when I sell it to an expat in the future to offset the currency depreciation. It really depends on how you manage your investments. So far all my investments in Penang are grade A investment properties. Just to share, I bought the Ariza terrace houses at rm700K now rm2.1 mill, Brezza at rm480k now rm1.2mill , quayside at rm1 mill now rm1.7 mill, marinox at rm900k now valued at rm1.3mill, jazz residence at rm750k now valued at rm1.2 mill, fettes residence at rm900k sold for rm1.7 mill. These are all grade A investment properties to me. Now I have just invested in Tamarind as well and I believe once it is completed in 4 years time it will be more expensive.

After all it is rm700k only and you guys make it sound almost impossible to buy a home for 1000 other reasons. When they launched Ariza, everyone said tsunami, thank goodness I never listen and bought. When Brezza was launched they said leasehold and reclaim land, I didn’t listen too and bought, then quayside came along, they said it is crazy to pay rm700psft for a condo, I bought anyways. Then jazz came along at rm570psft people said reclaim land and commercial title. Then Marinox came along at rm530psft, so dirt cheap per square feet wise, still people said it is leasehold and on reclaim. I really don’t understand these people’s mentality.

Tamarind project is 1,104 units, how to compare with others ? High density and it’s not going to sell and will become the next Sg.Ara.

@17
Since you never owned any house in seri tanjung pinang, i think it’s not up to you to give a review on the living experience in seri tanjung pinang.. also please comment responsibly.. the tsunami is the one and only in the history, and it has been 10 years, when is your next tsunami? regarding to your termite issue, my house and my neighbours has no problem on this.

@Player
that was for you

Lol :
After all it is rm700k only and you guys make it sound almost impossible to buy a home for 1000 other reasons. When they launched Ariza, everyone said tsunami, thank goodness I never listen and bought. When Brezza was launched they said leasehold and reclaim land, I didn’t listen too and bought, then quayside came along, they said it is crazy to pay rm700psft for a condo, I bought anyways. Then jazz came along at rm570psft people said reclaim land and commercial title. Then Marinox came along at rm530psft, so dirt cheap per square feet wise, still people said it is leasehold and on reclaim. I really don’t understand these people’s mentality.

That’s why they after so many years, they still have not make any money out of seri tanjung pinang while those who bought already made millions, and i believe with this mentality, they won’t stand a chance making money from the tamarind as well. that’s the law of natural selection, survival of the fittest. eventually after few decades seri tanjung pinang will be resided by those with entrepreneurial spirit and willing to take action and be responsible for their action. I see this as a positive thing. this neighbourhood will be transformed with positivity. let the pessimist stay out of this community.

Player :
@17
Tsunami and termites area. I will be writing something very bad regarding this area.

You only call this as a tsunami area if tsunami is a recurring issue. like you call japan is an earthquake country because it happens on and off. Nobody still call penang as war zone, 70 years after Japanses army surrender.

Tsunami only happened once in penang, and the tsunami in 2004 was a very rare one, it never happened in the past few centuries. Tsunami is over and everyone even the Indonesians are already back to their lives, if you cant get over it, the tsunami is still haunting you and stopping you from making money. it’s time to move on dude. last time we crawl, now we run. last time we wear pampers now we wear underwear. things has changed.

@17
Yes, 10 years had past but it’still linger on for the next Tsunami. You can still stay on for the next Tsunami but stop your recommendations. It’s too risky to even consider.

@Player
I made a lot of money from this area. I am just sharing. Like I said a lot of people like you will come up with 1000 reasons not to buy. In the end, those that bought will gain. I was at Gurney paragon and there is a property fair there this weekend. E&O’s Tamarind is there too and trust me a lot of people ended up buying it and their sales are looking rock solid. Please don’t compare Sg ara with Seri Tg Pinang, it is like calling a Rolls Royce a proton.

@Player
There is no point trying to reason with people like you. STP2 by E&O will have a GDV of RM25 billion. Yes tsunami, yes density, yes reclaim land and yes I made a lot of money. Try convincing E&O not to dump over rm25 billion in GDV value in this area. Obviously they have vision and you don’t. Now you see….

i stayed in STP for almost 5 years, i was in gurney and bayan lepas area before. All i can say is i love this place. the environment offers me serenity, peace of mind. it’s very convenient for me to get what i need for everyday life here. I love to stay here and if you ask me to move out, i will be very reluctant to. Some agents came to me before to offer to buy my semi-D but i am not considering their offer at all. I made some money from their quayside and straits quay too. i’m happy with the decision i made by buying property here.

@ROFL
Agree with you. STP is indeed a pleasant place to stay.

@Player
sorry then i think earth is too dangerous for you. because i’m pretty sure every corner on earth have been people dying. you may consider Mars… because it happened once to other people it may happen next to you…

@17
Tg. Pinang is a doomed area. Great disaster is coming very near to this area.

@player must be some agent for other developer who cannot sell their project, and come and put such malicious comment to curse us all who stays here. It’s a beautiful Sunday morning. Let’s just ignore him.

@Player
Instead of attacking the project, i think you should raise up the best choice property in Penang, to overthrow Tamarind or STP.
Of cos you must be comparing apple to apple.

@xmen
I think loan rejection is case by case. My cousin is a banker here. she told me it really depends on the income and commitment + the credit record of the borrower. Like my friend and i our loan have no problem. Those with high commitment and bad credit card record sure cannot obtain the loan. These people really cannot blame the bank for not lending money to them, they need to do something to their financial numbers.

@David
When i go to their exhibition many units already sold, and i saw some people placing booking as well. My friend and i we both took up 3 units. The staff in charge there is a kedah people. they have a few kedah colleague back in their office, they just want to share this project back in their home town before they officially launch it in December. we have previously heard of this project but too busy to travel to penang to really book a unit. We are thankful that they still remember their friends back in Kedah.

@Kedah

Thank you for supporting penang properties. Without water fish like you guys, surely price levels cannot be sustained, and my asset value cannot be maintained at current levels. Haha.

Can any share me any minimum price left for Tamarind? Cheapest unit available?? Hope can get 1..

@17
What is few or a hundred units
bookings considering 1,104 units ?
The next Tsunami will change the landscape into “The Black Margarine”.

@Player
You seriously have issues as a human being. Should get some help before it’s too late.

@Player
Just another sour grape haha.

@17
@Rowland

The real issue is the one keeps saying The Margarine is good due to 1,104 units!!!!!

Ular :
Can any share me any minimum price left for Tamarind? Cheapest unit available?? Hope can get 1..

I understood that they still have some units around 700k last friday. you may visit their office to find out the latest availability.