Wah, the open to public price is only 8k more? And flat price across all floors too…
Block A and B have to pay 60k more and price increases based on floor and unit location, just for 100 sqft more? Very imbalanced pricing…

I feel is RM350K package sell with RM398K because the agent said they got extra charges for the renovation. Besides, Tower C available units mostly all facing school, not the RM390K package which facing airport.

developer appoint many marketing agent promote this, u can see many type of this advertisment in facebook, so hard to sell, first time buyer cant get loan, investor not intersted , duno this project will smoothly move or not ==

@Mars
Agree with you, the info I got same as what you mentioned, so the floor tile you will get is 1feet x 1feet. The other thing I will not consider was the view facing market/school.

what do they mean by Free Rental during construction**??

Just now receive call from bank regarding the cheque for the deposit, I think they already stamping and collecting deposit from the bank d.

@Mars
hello there
what do you mean? extra charges for renovation? means there is a renovation package included?

屋有所值。

@JP
If not mistaken, those public price RM398K is exactly what you get for RM350K affordable unit: facing school/market, 2 car parks, 1feet x 1feet tiles etc.
Extra charges for renovation cost is just like what you get for RM390K of affordable unit, but still facing market/school.

I think facing airport view unit alrdy sold out by early bird d?
Jz left facing school view unit only….

So, still need to wait Ideal to sell the rest of block C units before they are willing to take SnP for stamping?

The 398k units open to public are selling like hot cakes. Agents crowding the sales gallery waiting for units daily.

Tower C facing school are now very limited. Heard that will open Tower D soon to public.

The investors still sees opportunity and value in it.

@Mars
means the extra 40k+ is because the unit is open, and not for renovation correct?

thanks for your answer

Is it really worth to buy this property ?

@JP
Yup, you are right. The agent said those RM398K unit is normal tiles and if you want to upgrade to better quality like what you get in RM390K (affordable unit), there got extra charges which will become more than RM400K++ at the end.

Once open to public it will become future foreigner worker nest with 1000+++ unit

Depend management for manage.

affordable project not allow to rent or just report pg state gov will warning and saman, thats y this project keep promote in fb but no investor interested.

@@@

But that is applicable for the RM398k also? Those who purchase RM398k units don’t need to get gov approval, right?

Popopo :
Once open to public it will become future foreigner worker nest with 1000+++ unit

Which areas don’t have foreign workers accept jesselton and other high end landed property areas?

from my experience, foreign workers behave better than some locals. my 2 cents

bamboo :
@@@
But that is applicable for the RM398k also? Those who purchase RM398k units don’t need to get gov approval, right?

same question as can sell it once gt OC since no need go thru gov?

Affordable houses – Can sell after 5 years from the date of stamping
Public buyers – Only can sell after 5 years from the date of OC

From the info given by Ideal staff, almost 90% is Chinese owners out of 2000++ units and I am glad is surrounding almost are landed properties, so it will not cause the area very congested.

@Mars

2000++ units and the existing condos not congested ? What a good
assumption !!!!!!!

Want to hv lower density unit can go to buy Summerskye, just a mere 5 min drive away. The price? 590k for 1100s.f.

Hearsay Ideal Queensbay project will also have 2000 units and the price expected to be 800k above for 1000s.f!

New projects all expected to be high density.

Please consider deeply.. After the project completion, you may need to face the “interval contractor”. You may just refer to the buyer from FV, 1sky, 1imperial.

390k i dont feel cheap and nowaday penang second hand propety price is going down with390k can get fully reno and not so much unit 2000++

My info about booking fee on rm3000 by the property agent. He says booking fee will only be return after OC obtained. Wanna check if u guys going thru the same too? N the unit I got is 32nd flr. Is this a good unit? I’m afraid the sky terrace might have alot of bugs due to above 32nd flr is a sky terrace. Anyone please share their 2cents. Thanks

@xyz123
i think all the property also is like this cases one. Sure got a “interval contractor” book whole the building. During sign SPA i got ask lawyer b4 ths question & he say no idea also.

@Slee
Are u buy with property agent as public? or direct through developer?
Normally less ppl will consider top floor as i feel. If sky terrace really have alot of bugs, resident can complain to management & request thm to solve the problem…
I jz worry in future got wht kind of shoplot at down side building….

@Lek

What I heard from the existing buyer. They need to pay RM1800 for rubbish collection fees and need to pay 30% extra for the grill.

http://www.starproperty.my/index.php/articles/property-news/errant-builders-in-penang-will-be-blacklisted-warns-state-govt/?search=Penang

@xyz123
yup, if owner persist to use own contractor. We ned to pay rubbish fee for tht “interval contractor”.
If really wan object ths case, owner can try object together to developer or report to polis (If really serious, dnt knw ths idea work or nt >.<"）

@Lek

Lek, The point is why the internal contactor stationed in the site even before the key collection ? Somebody must be agreed to let them in right ?

@Lim G.E.
i also dnt knw so clearly. I hear from my frnd & parent. Ths cases was happen long years ago d. After One Foresta CCC Obtained, we can cre8 a group for owner to join for knw more info about our property.

@ Island
Nowadays almost whole Penang Island is crowded by high dense and high sky condos especially in Georgetoen, Tanjong Pinang, Bayan baru, Sg Ara ,etc. It depend on how you define your acceptance of density in your living environment. In these congested area, even u can claim that you choose a low dense project, but just few footsteps out from your house, you also will be crowded by other high dense projects surrounding your house. You still suffering from congested living environment.

Otherwise you can choose other area out from city like Teluk Kumbar, just the you need to consider the long travel time to town area.

@Lek

Support
Actually the gangster contractor almost happened in every projects in Penang. We as the house owner must co-operate in facing these gangsters.

@Mars

I am talking only One Foresta that have 2000++ units.

Hi @Island

One Foresta though have 2000++ units but you still staying in your own 900sf unit, no one will come crowded your house. You have 10 lifts allocated in each Tower.

May be you can blame that traffic will be damn congested, this is a main problem. But like what I have mentioned just now: 2000++ units in one project has not much diff compare to 20++ units project located in the housing area where consisted of 2000++ units of other projects. You still facing high dense problem unless you wiling to choose more remote area from the city.

@Mars

2000++ units in one project is very high density. 2000++ units and existing
units is very congested.

Dear @Island

I have bought one unit at One Foresta and feel acceptable of living environment there. At least only couples of apartments nearby One Foresta, major land area remaining are existing landed properties such as Ideal One Residence and Setia Pearl island. There are no empty space to build any high sky building surrounding One Foresta in future.

However, traffic jam definitely will be the major problem of One Foresta residents especially from the junction in front of Setia Triangle till the entrance at Meridien residence there. But it only just a short distance of traffic jam.

In my opinion, if you looking an affordable house, it definitely has pros and cons. No have such kind developer wiling to build low dense project in prime location with low selling price.
Upcoming of new policy from state government (RM150K affordable house), there will more high dense of project coming as required by developers.
Now state government going to launch new scheme of affordable house projects (RM150K). I read from newspaper this morning, developers quite welcome the plan but they require more high dense on the building, means in future you no have any choice

U hv to share 2 swmming pool and gym room with 2000++ unit @Island

If one house hv 2 ppl stay that means got 5000++ ppl in this project

@lek yup I bought as a public. If I get to choose, I will not want hith floors but not much choices left. Are you an owner there too? I’m curious about the rm3k booking fee.

@lek yup I bought as a public. If I get to choose, I will not want high floors but not much choices left. Are you an owner there too? I’m curious about the rm3k booking fee.any difference between buying from an agent n direct from developer ?

@ Popopo
Regarding shared facilities, actually One Foresta no longer 2000++ units as Tower A & B already turned to private condo which is gated, known as Forest Ville. It has own swimming pool & other facilities in Tower B.

One Foresta now only remained Tower C (Tower D still postpone as at now), all facilities included swimming pool which located in Tower C only shared by residents of Tower C & D.

@Mars

Tower D facing school and market side already opened to public starting last Saturday and is selling fast, Ideal previously said tower D will be postponed and request the affordable owners who balloted tower D to move to tower C is just a trick to prepare for the public sale of tower D. Actually from the Ideal facebook we can know about this as the piling process of tower D is still carry on when they said will postpone. A good move by Ideal.

Those agents say now they only can sell facing school and market side units for tower D, the other side is for affordable house owner which i doubt whether there are so many affordable owners can afford 390k package. Maybe later those cant afford have to reject and they will open the other side facing outside to public too. Let wait and see.

Anyone knows where is the emergency exit staircase? is that at the end of the corridor beside corner unit#1 (tower c)?

@Ling

The staircases are located at the end of corridor. And according to the agent there will be two staircases, one at each end.

Very good if all open to public, ideal can quickly sell all to public and bulldoze project and deliver as soon as possible.

If still wait for those State eligible taking time to accept, afraid that will encounter cash problem and projects delay. The eligible who rejected this projects sld know by now how valuable these properties are to the smart investors. That why they are snapping it up so fast!

Anyway, those who rejected will still get a chance to buy the upcoming 750s.f unit as announced by State recently. Cheaper, smaller and lower maintain fee because no fancy lifestyle facilities. Similar to Air Asia No Frills Concept!

Also do take note, Tower C units almost fully booked and only left a few units facing Bayan Lepas view.

Hi guys, everyone here seems so expert in property. I am a first time buyer and just put in a booking fee of Rm3k last Sunday. Bought the unit in Tower D which is open to public. Rm398k package. I didnt know got so many package. Was fighting for a unit. Gosh. Agent told me u can get back 3k in 30days if u dont want? Got myself a almost to corner unit at a good floor. However, facing school but get to see sunset still (or somewhat). However, am mulling over to change to Forestville. Wonder if it is worth it? I wanted the “facing airport” view and added balcony or the 50sf is nice. Hmmm.

@ JenL
Since you are first time buyer why not go through state government as I feel now should be very easy to get an affordable unit (RM350K instead of RM398K).

However if you got more budget, you can consider Forestville (RM450K onwards)
One Foresta for public buyers only allowed to sell theirs unit after 5 years from the date of OC obtained while eligible buyers can sell their house 5 years from the date of stamping.

Anyone know the status of SNP stamping at Ideal side? They already submitted our SPA for stamping?

Thanks for your input, Mars. Yes, I did consider going through it. But I prefer flexibility eg. Can sell anytime. In case I need to relocate. And prefer choosing own unit. And I hate all those stupid requirements. One carpark? And pay so much extra for another carpark. I have decided to switch over to Forestville. Now am worried. Forestville might have problems . Tower B front completely sold. But Tower B facing school Macam tak laku. Tower A hasn’t even open. By the way, is there any community group for this project? One Foresta kah Forestville kah? Since it’s basically almost similar. So in case anything happen, we can go mogok together.

I going to sign s&p next week..wonder any one here got do nomination on your s&p? Mean if anything touchwoods happen..this house will pass to who de..any one doing dis? I call ideal..but they ASk me to CHeck with lawyer.. I not even knw who is my lawyer.. any advise?

@Glyn

the lawyer responsible for this project is San & Associates, however you can appoint your own lawyer if you wish to.

@Glyn If I am not wrong, check with the lawyer who sent you agreement. I think Ideal has their own appointed lawyer for this project. I enquire before.

Jenl – don’t worry. Once they open Forest Ville to agents to sell. All will be snapped up. Just look at the 30% public quota, all almost sold out in 10 days!

@penang Hopefully. Hahaha. Else I will need to set a tent already.

By the way, I have a public unit at One Foresta to let go. Nice unit. Just facing school & market. Tower D unit 21, floor 20. Am switching to Forestville next week. Anyone needs a unit, let me know. ^^ I heard still many trying to get RM398K unit.

i heard from someone said after bought it oc obtain after 5 years can only sell to affordable home first time buyer.. omg

398k 900sf 2cp?
why not spend for one forest ville 1000sf got balcony

Please think twice before buying this project.After completion, you may need to deal with the internal contractor. Reno cost is higher than market price at least 30% with no guarantee on the quality.

Does anyone know the monthly maintenance fee for One Forest Ville?

@Ken Forestville’s monthly maintenance is RM141 including sinking fund. If I am not wrong, RM20 more than One Foresta?

@Lim G.E
Every new property sure facing ths kind problem.

@Lek

We paid our new house hard earn money. When come to renovation, easily spend 50k to make it
Homely. But we need to pay extra for those lousy workmanship and we are no option to say no.
Do you really accept ?

@JenL
Thanks for your info.
Same as you, a first time buyer too and I am still in the mid of making decision either to buy One Foresta or Forest Ville.

2nd Macallum street flats…

@Ken no problem. If you don’t mind the extra amount u need to pay, after weighing all, I do think Forestville is a better choice. For one, you are not tied down to hold the property, and if u make some calculations, installment every month is only a little higher. But you need to hurry. Not much units left. If you are really keen, look for the lady who sits at the long table in the showroom. She is from Ideal’s appointed lawyer firm. Sometimes there are people who want to let go of their unit, she can reserve for u.

Anyone know the status of SNP stamping at Ideal side? They have submitted our SPA for stamping since already came to mid of Nov?

Hello, I just paid RM3k for the RM398k which is the public 30% unit. I understand that you must be a Penangite to buy but why do we still need to fill in the PN1 form ?? We are not thru government right ?? Am confused ?? Thank you.

By the way, my unit is Tower C 25-3A.

@Maggie, when u get the units? Last Sat I went it said no more units for Block C.
If you agent still have Block C level floor at least above 15 to 30 please let me know.
I wish to have 1 unit at Block C. Thanks

if they open the units facing pool to open market then will it be fair to those who bought units facing school/market?

The facing pool..it is facing outside which probably can view airport or second bridge?
Unit facing pool is 850sf for 300K ?

actualli how is the arrangement? is it ABCD with B+C facing hill/airport and A facing D?

Block a and b is forest ville. C and d is one foresta. Block c and d facing swimming pool will be also facing airport and pantai jerejak. Those who are facing school and market will b facing hill. Whatver it is, this property will be good for own stay. Definitely not for investment due to high density. I got my unit for one foresta blk C facing scholl and market too. Not much choices left as imfeel its worth buying for now. Dont forget its freehold.

dillemma on choosing one foresta and ramah pavillion.

any idea?

@huat

If you don’t want to deal with the so call internal contractor, go for Ramah Pavillian.

At least you can appoint your own contractor.

@Lim G.E

It’s the same as long as you pay the “rubbish fee” you can appoint your own
contractor.

In penang mostly all new property will kena internal contractor. So far, as i know of ,just deal with them on rubbish fee then u can appoint your own contractor. They wont force you to appoint them. Depends on developer too.

@Bayan baru

I just dont understand why other owners for other properties will allow this kind of GC? they did nothing for you and still want to collect rubbish fees, is this fair or is this the trend? Even let them do the renovation, the quality is not up to par and the price is 10-20% higher. One imperial there is gathering the owners to lodge police report. Hopefully they can give the GC a lesson and dont come to One Foresta.

I just cant accept to pay Rm1800 for nothing. What if they ask for more ? Or another party ask again ?

@Bayan baru

What to do? Almost every new projects in Penang also got “gangster contractor”. We cannot escape from this problem one even developer also scare of them.
We all unit holders only can unite and lodge police report.

@June
Hi June, I booked mine on 02/11/2015 facing school/market. That time the units is already selling off fast and only around 10 units available. Not much choice so we decided on the 25th floor. Will confirm with my agent and let you know if he still have any unit available. Thanks.

@Bayan baru
Hi Bayan Baru, I believed that your’s is the RM398k unit. May I know if your agent requested you to fill in the PN1 form ?? If so, did he/she explain why do we still need to fill in the PN1 form even we are buying it as public ?? Sorry as I am quite confused since it’s my 1st time buying.

@Maggie
As this is 30% quota open to public for affordable house projects, state government also need to control the affordable house scheme. Although you are public buyer, but there are some restriction by state like you only allowed to sell your unit in free market after 5 years from the date of OC.

I going to sign my SNP this Saturday.. I get tower c,17floor..any if u are my neighbour? By the way, highest floor is 32floor?

Hi maggie, yup he requested me. He says the gov needs to see if we have any low medium cost house before. I have 1 major concern here too. Is our snp similar to the affordable housing? Because i raised a question to my agent can we sell it as public like those who are not restricted to only affordable scheme buyer?

Any one received notice from Ideal to take back stamped S&P?

I wonder why majorities don’t like facing the school. From Feng Shui perspective, it’s all good for your children when comes to education (I learned from Peter So, HK feng shui master).

Well, just trying to share what I learned and sharing for your reference I no meant, and I don’t meant that facing school is the best for education. LOL!

Face airport can also mean “fly to the sky”… applicable for career and studies

Any ideas where is the pump room located?

The pump room will locate in one foresta

now i get it

agent say unit price is 398k, but u will be asked to borrow 420k from bank. the extra 22k is for downpayment

why ideal want buyer to borrow MORE? so technically the unit is sold at 398k or 420k? considering the buyer actually borrows 420k…

lol cheat like that also can, u go borrow 450k i sell u 390k, can? 60k is down payment ==

aiyo.. the more u borrow, the lesser u pay the downpayment la.. like that also dont know kira meh.. IDEAL is helping you and you ok. HELPING also kena ppl K.. apa ni

Ic ic..so if public buying..actually sellimg price should be 420?

@Glyn
you should ask ideal la aiyo..

@siaokia I sign SNP under state approval d..saje kepo what is pricing for public..

Hi JiaoNui, may I know what is this “pump room” stands for? Any idea which floor of it located at. @jiaonui

Hi JP, if this is the case, will the snp price stated as 398k or 420k? A bit confuse with this kind of method to help ppl to get a home with lower down payment..

If the gangster problem in one imperial doesn’t solve. I am regret to buy one imperial ideal projects because now I am facing problem, they charge RM1800 for clearing Sampah, all the iron grill have to be done by them, if u bring your own contractor. U must buy the bricks, cement sand from them, do u image how much they charge or u have to hand in almost 10k per unit for them, don’t regret after buying , me really suffer!

@Imperial buyer

If the GC problem happen in one foresta, I will complain to 53rd floor in Komtar and won’t stop unless they solve this problem.

Dear buyer, before you sign the snp, please confirm with the developer for GC issue, before you sign, you are the king. After signed, you have no bargain power with them ..

dont be silly folks, cant do anything on GC issues. the only way out is, no way out.

Any Updates on Stamped S&P??
According to Ideal staff, the following S&P is at lawyer firm.

S&P been drag so long
first mention end of october
after that say middle of november
end up now, ONCE READY WILL CONTACT U ALL pula

apa sudah jadi dekat ideal ni

Really frustrated waiting the stamping SPA for so long. I feel they haven’t submit for stamping as at now, may be waiting for the occupation units of Tower D.

just received sms from san & associates, snp are ready for collection, but loan agreement still need to wait for 2 mths.

Do u know that the GC is also made up of Chinese race only! Have not seen any Indian nor Malay GC.

So bad bad bad Chinese…

Work on site in progress, better to get Spa n Loan later cos if earlier n payment released by bank earlier have to start paying interest then.

Those stamped later n payment released later can save more cos worki still ongoing but pay interest later mah… Got it!

Are you serious? spa and loan later means they can drag the project longer = those who need the house have to wait longer.

Come on this project need to wait for 4 years la extra wait for the 2-3 month is nth la y so rushing

I had the same feeling with all of you 3 years ago, can’t wait for a minute to sign the SnP.

After project completion and OC obtain, I am stuck with the renovation and I cant move in
before CNY as the GC is taking charge for the projects. Frankly, I have not guts for reporting and I have no “background”.

Feel hopeless…

Since we decided to buy..let’s wait together.. n update the group if have any progress.. cheers.. beside here..any where have one foresta forum?

JL, I just checked ..they told me the pump room at floor 20 & 19

@JL

@Glyn
Facebook got a page is regarding one foresta. U can search it.

@Glyn
u can go Facebook search. Gt a page is regarding one foresta.

JP, can you actually borrow 100% from bank? Suppose to be 90%.
Meaning, we inform bank that the value of One Foresta is 420k. Borrow 90% is 378k. Then ur own money for downpayment is 20k.
So total 378 + 20 = 398k.

This is what they say low downpayment. It is not 10% of the value like old tradition. If 10% downpayment, you will have to pay 42k.

I’m in dilemma to get Forest Ville. But downpayment will be higher. That’s the tough part. We can’t even withdraw EPF Acc2 to pay downpayment. And the higher the floor, the more expensive it is.

@Paul
May I know what happen to our loan agreement? Why still need to wait another 2 months only can get back the stamped copy since they said S&P already stamped.
If confirm to wait another 2 months should be ok, just worry after 2 months they still tell us to wait for another 2 months.
The longer time they drag us, for those buyers who currently rent a house will need to bear another few months rental.

if cannot wait go to buy subsale property la.. anytime can move in already. i have a few property agents contact, PM if u need one!

@siokia
I feel most buyers also will not be very happy if any developer delaying thier S&P stamping, somemore Ideal already bank in our downpayment before stamping which should not a correct process.
You are making me curious wether you are come from Ideal as buyers worrying about their S&P status also related to your business?

whatever it is. we don have the farking amount to purchase subsale that y need to go for this project!! If u r here to ruin o watever there is lot of space for u such as OI forum!!

@yahoo
will there be a problem later on, since this is technically “cheating” the bank?

@FC
apparently unit price is stated as 398k, but noted as 420k in SnP. sorry if i made a confusing statement earlier

only one thing i’m curious

all the nice decks and paths shown in their 3d presentation, will they actually build them?

@yahoo
Why can’t you withdraw EPF account 2 to pay down payment?

Any one here already receive the stamp SNP copy? I hear Ideal already start to give back the stamp SNP copy. Please share the info, thanks.

When to receive the stamped SNP and Loan agreement? No answer from Ideal staffs.

The S&P finally is stamped and ready to be collected at San & Associates office. My friend received a call from S&A to collect back his S&P anytime for EPF withdrawal purpose.

I feel those buyers who use EPF to pay for down payment will receive call from S&A very soon to collect their stamped SPA.

Finally got the SMS to collect the S&P… neck is long like giraffe d

I just go S&A collected.

Hi got anyone noticed the Mutual Understanding Agreement 1.4 (a) stated that “that the Purchaser shall waive all his rights to challenge and/ or make any claims against the Vendor in any manner whatsoever notwithstanding any provisions to the contrary either under the Principal Agreement, or at law or in equity”?

Is this meaning we cannot claim anything from developer as it has been override the buyers’ rights which stated in SPA.

@Buyer’s concern

Yes, just pay and give the developer the money.

@ David

So it means our S&P become useless to our buyers as we cannot challenge developer if got any defects or delays or work? Just need to confirm the meaning.

@Buyer’s concern

If I sign an agreement with you saying you can kill me anytime without any blame from me, does it mean that if you actually kill me, the police cannot arrest and bring you to court?

Of course not, everyone is bound by the rule of law. For properties, you have strata title law to cover you, and there is a strata tribunal court, whereby legal actions can be taken against developers for failing to perform their basic duties, at minimal cost. Just sign and pay up lah…:)

relax dude, Ideal so big wont cheat our money one la.. just sabar to wait for your turn to sign that snp..

Anyone knows if block c view will be blocked by existing development ? Is it true? Please help…I got 1 unit facing school.. sad…

@ Sister

If you choose block C facing school/market definitely no have any view unless a green forest, the existing apartment is quite a big gap from the block C as they are separated by new school and market.
However, for those block C below 15th level units which facing airport/ swimming pool may be blocked by Mutiara Perdana low cost apartment.

As I know, For those block c below 15th level which is facing school n market is block by 2 block low cost flat.

@kk thanks for your reply. Do you know what apartment is that if I see it from my unit?

Hi miao. The 2 blocks low cost flat is quite high rise right? I saw before. It’s quite scary. Luckily I bought high level. Hopefully my view is hill rather than facing the flat. At least more privacy. Hehe

Dont talk about view especially in penang island. U will never know what is going to build next beside your block. Unless u buy a unit on top of penang hill.

@miao
Block C facing school n market is block by 2 block low cost flat?
or Block C facing airport/ swimming pool will be blocked by low cost apartment? Thanks

Actually both side also got existing low cost apartments where 3 blocks of Mutiara Perdana 2 located just in front of block C (facing airport), divided by a stream as I noticed from the site contruction whereas another side facing market will see another 2 blocks of Mutiara Perdana 1 low cost apartment. However they have some distance until you can see the whole buildings from block C as in between Ideal will construct Sin Chung Primary School and a wet market.

Hi all. first time buyer here. Just book a unit with deposit 3K one week ago. Glad that this project had hit up everyone interest.

Done collected my SNP and EPF withdraw on Monday, received the fund on yesterday, EPF are efficient than Ideal & S&A. LOL~

Paul :
Done collected my SNP and EPF withdraw on Monday, received the fund on yesterday, EPF are efficient than Ideal & S&A. LOL~

what document should I bring along to apply EPF withdraw?

Receive my epf also… anyone know how to pay the down payment to Ideal?

@kenjin

U just need to let S&A know u want to withdraw epf… They will prepare the required docs for u… just bring those to epf office to apply

@kenjin

Copy of loan agreement (provided by S&A)
Copy of S&P (provided by S&A)
EPF withdrawal form (download online or get at EPF counter)
MyKad
Bank statement for direct deposit
Also, in my case, for CIMB account, they don’t accept the new a/c number, need the old a/c number, don’t know why.

I also received the fund from EPF yesterday, prepare to make banker cheque to pay Ideal these few days. Any one have idea on when can get the stamped loan agreement? Bank got acknowledge us regarding when the first loan disbursement to Ideal?

just yesterday heard about penang gov changing requirements for affordable house ownership, its going to be all open market…

and on the same day, suddenly ambank tells me they are suspending end financing for this project

what is going on?

@JP

No more units available in the open market. Suddenly all units (30%) have been
snapped up !!!!!!!

@Property
How much and what is the sqft for those snapped up units which being converted to open market?

@Property

by new regulations passed out recently, ideal may no longer be able to sell these units at current price. i dont know much but i expect lots of changes may be coming soon and those whole already signed may well feel “loss” when units be open up again at cheaper prices (due to new regulations on affordable housing in penang)

now i am in crossroads. sign or not…

@JP

What regulation is that?
I would have expected it to be increase in household income limit for affordable housing purchase.
Previously, there was news that Penang gov will increase household income limit by 2k. Meaning, to purchase the One Foresta of RM300k, you will need to be between 8k and 10k as opposed to previously 6k to 8k.
I highly doubt Ideal will reduce the RM300k to RM200k to maintain buyers from household income of 6k to 8k

looking forward to big price drop …current prices are unaffordable , thats why they unable to sell all the units

@JP

No more units available in the open market. Suddenly all units (30%) have been
snapped up. SOLD OUT !!!!!! More than 600 over units sold out. Understood ?

Why would prices drop? To sell to open market the price would need to be 10% or 20% higher than affordable price

Anyone here is public buyer? Did your agent ask you to renew IC to Penang address and register as PG voter?

developer hv hard time cannot sell unaffordable , so resort to using so many agents creating false demand .. lol

Actually I think Tower C should be fully occupied, remaining tower D.

@bamboo

you can ask those in property/architecture line, they all know
perhaps you can ask and share again here so that i can also be sure my info is correct

@JP

But you still have not share what you have heard… I’m unaware of what kind of regulation that would make Ideal to be unable to sell at their current prices.

@bamboo

i am not sure whether its allowed to be shared or meant to be internal circulation. i have read the hardcopy of the new regulation

no balcony for 300k. better stay in cheap flats

JP , is it units open up again at cheaper prices and all going be open market ? .. this is will b good news

Fyi, get to know All project from Ideal Property, upon completion there will be gangster contractor force you to take up their renovation service or else need to pay so-call “sampah fee”. They charge ridiculous price. Many owner of Ideal Property is facing this issue, and the developer didn’t help to solve this issue, worst still allowing them to set up a booth in the building. So think twice before make the choice to buy their project.

when all units going open market n at cheaper price drop ?

http://www.themalaymailonline.com/malaysia/article/penang-loosens-affordable-housing-rules-to-stimulate-sector

Not sure whether this is the new regulation rule that your guys refer to?

@JP, is it what shared by FC is your concern?

RM150K package is not same like current affordable house projects as they getting smaller and high dense, no have condo facilities like swimming pool, and may be got other surcharges.
It just a bit upgraded from RM75K low medium cost house.

So if you have other insider news regarding One Foresta?
can share with us actually.

Any one knw actually location for one foresta site? I saw two project under construction.. is the first project in Lengkuk kelicap or until the end of the road?

@Glyn

One Foresta just beside the Meridian Residence, still in piling state. Actually you can see it at the main road infront of Setia Triangle.

The One Foresta site, left is lower, while right is higher like a hill. Buyers should check with Ideal.

@FC
this seems to be the news

@PJ
i am told now all affordable housing units are for open market, previously needed to ballot right?

or i understood wrong?

@JP
You are right, now 30% of affordable house unit can be opened for public (Penang voters) to purchase with seling price 10% higher than normal price for bayan lepas/ teluk kumbar area and 20% higher than nomal price at town area/ tanjong tokong.

The 30% open for public will be more expensive. Like One Foresta, those RM350K units are now selling with RM398K. The other project i-Santorini I read from Ideal facebook, now opening to public market at price RM430K-460K.

Following the new scheme, this affordable house package will be remained unchange. New package for RM150K will not fall under this category which will be more likely to low medium cost house.

Hi all, just share an article …https://www.penangpropertytalk.com/2015/12/projects-worth-rm41bil-in-penang-next-year/

More & more projects are up in next year….

May I know who else still waiting to sign S&P? I yet to receive any call to sign S&P…don’t know how long still need to wait?

Looking at the comparison page between Ramah Pavilion and Foresta reminded me one thing. There was no mention on the type of concealed piping used for the air-cond… wonder they are installing piping for inverter or non-inverter type.
Anyone knows?

if we sign SNP within 1 month..I heard that we can waive 1 year maintenance fees. Any one get this? How we know we eligible for this? will ideal send us letter? When? I sign within 1 month but I dun receive any letter for waive maintenance fees.

@Glyn
I think all buyer of One Foresta will get free 1 year maintenance fee. Because i also sign S&P and pay down payment for Ideal in 1 months. Thy also din’t give any resit or letter about free 1 year maintenance fee. But alrdy 2months d, i still haven’t receive any msg from Ideal to collect the S&P. Quick long & almost wan CNY d….

@lek I already collected my stamp SNP frm lawyer firm.. ideal send me SMS to collect it from San N associated

How long u sign the S&P last time? Izint u ned the S&P to take down payment from EPF?

I get 1month after I sign SNP..I think bcos they wan me faster withdraw money from EPF..that why rush for me. If no withdraw money de..they postponed.. dun worry..every thing should be OK..I more worry they forgot waive my maintenance fees nia

Hi All,

Can ask developer change the tiles to 2 x 2?Thanks

Regards

Eric..whIch package u choose? They have package change to 2×2 tiles

not yet sign the snp,just loan approve.
Really have 2 x 2 package? Me choose RM398k open public. Urs one?

I buy under government de.if 390 can get 2×2 tiles.for public I not sure can upgrade or not. U try ask

Hi friend i want ask the one foresta s&p inside got put in free 1years maintanance fee………..

can’t upgrade to 2 x 2 tiles as told by agent.

@yeoh
U can double comfirm with IDeal….
I now still waiting my S&P…

Hi eric. May i know if the agent did ask you abt the free maintenance for one year thingy? Just wonder as no info was given by my agent. I bought mine unit as public too. Thanks

I CHeck with ideal..they told me letter for waive maintenance fees will issue soon..hopefully din bluff me lar

Any one know Ideal got give us the official receipt after made the down payment? Those received stamped S&P already get your loan agreement document back already?

@Mars

I haven’t received the receipt as well from Ideal. I am waiting load agreement document as well before sign S&P. Anyone received the receipt?

I received two set document from legal firm.. stamped SNP n another set dunnu izit loan agreement.. I din read properly.

Hi friend i want ask all the one foresta buyer
At the tink one foresta is not security guard at main&life
Entrance who know this info pls share….tq

@Susan
No mention by my agent about free maintenance fee. I prefer if they can upgrade for me 2 x 2 tiles.