Skyridge Garden
Skyridge Garden, a high-rise residential development by OHM Group in Tanjung Tokong, Penang. It is located along Lebuhraya Halia, only a stone’s throw away from the The Latitude and The Peak Residences by Ivory.
This development comprises a 40-storey luxury condominium with 486 residential units, one unit of bungalow and the restoration of a 2-storey heritage building.
Property Project : Skyridge Garden
Location : Tanjung Tokong, Penang
Property Type : Condominium
Built-up Area : 1,450 sq.ft. & 2,335 sq.ft.
Indicative Price : RM718,000 onward
Developer : Jiran Bina Sdn. Bhd. (OHM Group)
Website : www.skyridgegarden.com
Contact No: 04-2299 559
Register your interest here or call 04-2299 559 for more details
Location Map:
The project close? Someone pls confirm
dont worry, im staying at the peak and i can keep a closer look into this project.
i can always keep you guys updated whatever the progress is
yeah, i only managed to leave my contacts for the sales to inform during the launch, was told the preview only for registered customers.
@Common Sense
You stayed at The Peak? Part of your extraordinary view will be blocked soon, am I right? How much is The Peak now?
don’t worry about mine, my unit is OK from my extraordinary view. im staying there, from what i heard is around 650k?
no more 650K… heard my neighbour bought for 500K recently, now renovating….
@Meme
The Peak price already drop 10% since skydrige launch. 500k to 600k on fully furnish will be right price in market now..Tamarind new project also from 600k..onwards. We can see the market really slow. Still end up with location most important..
The peak not a good place to stay anymore.. All rent out.. Management security also sub to 3rd party.. High density + home stay very much worry & hard to control.. Rental also at RM1500 for fully furnish..
@Meme
@kenny
Is there any The Peak unit offering just slightly below 500k in the market? Will seriously consider.
Currently in a dilemma between options:
A) Book skybridge during OHM’s launch at ~800k.
B) Buy the Peak right away given the price is just slightly <500k and invest in public affordable house.
depends on what you really want, previous launch for skyridge was 490psf onwards compared to peak @ around 650psf, latitude 700psf and tamarind 800psf.
but not sure how much the price going to be during official launch.
Heard my neighbour bought 400k only, fully renovated some more : )
My fully furnished unit at the Peak is still rented at RM2100, should reduce my rental then : )
400k??? so cheap meh? I have been looking at the Peak for the past 5 months, never come across 400k one! after searching hard, i finally decided on 1 unit 530k (empty unit no reno)last momth. I should have wait for another few months. argggg!!
as an owner in the peak, i’ve found out that actually the MINIMUM, yes you heard me, the LOWEST price of the peak is priced at 640k. Those below than that, RM5xxk is actually FAKE by property agents that wanted to hunt for cheap deal
@Gina , I don’t think Don lie is serious. The Peak’s subsale can’t be that jaw dropping low. It is just that the speculating market has this uncertainty whether the emergence of Skybridge will rob away the rentals and potential purchase from The Peak. The answer is a yes, but by how much and what is the denominator? There are macro-methods and model involve in property speculation. Skybridge, Tamarind is good buy. And so is the affordable houses. But the saddest part is normal working class like us have limited fund but unlimited greed. So working the projectile backward, I would either: buy The Peak @ 495k + 1 public affordable, or be a Skybridge owner after it launch. You guys are aware that STP Phase 2 is starting right.
Affordable homes sharing in Skyridge will surely drag down anything worthwhile
to invest.
The Peak below 500k you must be kidding.New up-coming project affordable condo I-Santorini is selling at 440k which opened 30% to public recently and have a leasehold balance of 85 years for a 850sf empty unit I heard.Still have to wait for four years upon completion.Just to share.
Guys, let me tell u the truth. Don’t speculate. Original unit still available 560k which low floor& mountain facing unit which view been block. Those putting RM650k above in market..very simple only.. Nobody will buy..tough sale actually. Market price is from RM560k to RM650k which original to fully furnish. The apprrciation in subsale for the peak is no good actually. Rental actually ok..from RM1200 to RM2000.. Those get RM2000above in rental..don’t be too happy.. Tenant will compare..and after they might swap or quit.. Plenty of choice they can pick.. Just sharing my point of view. Tq
Hi The Pig,
Actually you cannot say subsale appreciation no good. The owner who sold me the unit buy the unit only at 320k, he showed me the smp. So he gain 210k, selling to me at 530k. That’s good appreciation right?
You really think the peak owner will let go their unit cheap?? You must b kidding.. Lol.. These buyer has strong holding power.. Some has finish loan payment.. No rushing to let go.. Beliw 500k? Haha u need to wait another n see.. Lol u will regret later no buying now..
@Sky
Those buyers with holding power won’t buy this project in this area. Just to
open up your eyes.
Yup this area has different class of buyers. That’s why you have STP and mount Erskine. Just like cars, continental or local : )
@Gina
For example, appreciation for STP is higher. Those that bought the terrace house are making 3 times profits from their capital. Even Brezza owners, those that bought the 1450sft for rm490k sold their units for rm1.2 million. Location is everything for future appreciation. If you target local market only you will get local offers that won’t be very high. But if you target expat markets and area than the appreciation has no limit. Besides, with the reclamation of phase 2 of the islands I am very sure the value will go higher.
@Puppey
Brezza 1450sf even with elaborating reno and furnishing is asking for rm1.1M only. Don’t exaggerate. It is a buyer market now.
Yes I agree, i’m a owner myself and i tried calling few property agents for those below 600k. just a while after i hang up. some agents call me and saying “people want to buy peak for 530k as now everyone is throwing their price off”. so it’s the agent whose so desperate
appreciation for STP is higher, that’s the landed that you are saying and it’s not 3 time the profit. Purchase price was 8xxk and now is around 2M. the profit is just 1.2 times not 3 times as you mentioned. People say, don’t “Tua Pao”, “Big Canon” when you want to praise so much on something you own, people not stupid, everyone here knows the market well. If you are talking about the 1000sf quayside for 7xx psf in the past, yes you make money for now as it was 2009 and now 2015. How much did they made? Now it’s around 1.3M, that’s the max, 1.0 time of the profit. don’t always think STP STP is some big shot canon and people will be so “wow” at you. Remember, STP consist of Up Coming around 2k LMC houses as well. If you’re talking about how good STP is, kindly explain, why is the price of Quayside reducing? no secondary market? because penang local prefer landed?
you be the judge
I must say this, one of my relative bought a unit , 19xx sqft for 2Mil last year.
he is so depressed that he can easily get one with Rm1.75M today!
@Win
For starters, quayside there are no 19xx sft. Secondly, different view different floors and different blocks all have different pricing. 1100sft in the past I bought for rm600k for block D during their launch, low floor unit.
Thirdly, the landed terrace I bought was only rm700k, it is rm2.1 million now. The Brezza I sold for rm1.2 mill to a Singaporean. So like I said if you think local you will forever cater to local people. Always want to bargain and talk a lot bullsxxt before they buy.
At the end of the day, you must ask yourself, buying for own stay or investing. It’s all about location,location and location. Which location will have future 763 acres with international township status, it is STP. Where will all the future infrastructure be, it will be at STP.
If you cater to expats confirm they have money to pay premium especially in economic times like this.
@Sky
yup, they close the booking until official launch in Jan.
Price may stay or revised upwards during launching.
Haha keh gao gao back fired. nowadays info from forum-er really unreliable..
I’m curious, what kind of Brezza SOLD for 1.2Mil? and instead of STP, why that singaporean chooses Brezza??
for the market today, a normal foreigner have to forked out an amount of 3% of Levy to pay for any property in Penang based on purchase price, and you’re talking about “have money to pay premium?”
the expat and foreigner dream is over, it has been so long that everyone used to have that dream. drive along Gurney drive, to STP, to Tanjung Bungah and Batu Ferringhi.
How many empty houses (For Sale/For Rent) is labelled having that “Foreigner Dream” ?
And what makes you think the RICH foreigner comes here to retire? the RICH foreigner doesn’t retire here. only the LOW-MEDIUM income foreigner who couldn’t afford high-living lifestyle in their country comes here.
Luxury condominium but so cheap? something is fishy.
If a Lamborghini is sold for RM300K only. I think no one will dare to buy.
Low cost units are in lower floor. OMG
@Player
This developer does not apply ” Blood Sucker ” policy.
@Player
since you said fishy, why don’t you tell us what is exactly fishy?
@Player
low cost units at lower floor…so what is the problem?
Out of 486 units, how many are low cost units?
dont think 15 units per block will affect anything much. but i realize this “Player” guy is everywhere attacking every project by all means but not facts. this project was selling cheaper by the market for around 30% and now no longer selling.
BTW Player, the low cost units are not really low cost, it’s just smaller sqft unit with almost the same price per sqft, it’s should be called affordable. Ex: 900 sqft priced at 450K.
Although booking is closed, however if you are a registered buyer you can still ask the sales person to speak to the management for approval.
Anyway at this moment all buyers would have to pay 10% upfront to the stakeholder (law firm)
@Nice day
How about the price?still maintain at RM490psf..
not quite sure, from the sales office yes, but im still under waiting list
@Common Sense
Have you seen any progress lately?
Saw pilling works is carrying out from my windows
It looks like the launch date has been postponed.They are doing pilling and build a few more floors before launching.
@Andy
which block of the peak will blocked sea view? hear the latitude might be affected whole view? how about rest other TBE and mout residence too?
yea i think 3/4 of the peak will be blocked and 1/2 of latitude, mount i think not affected la
@MJ
I can’t really confirm as Skyridge is still in construction progress but I think Latitude’s view will be badly affected while the PEAK isn’t in better condition too.For Mont Residence, the outer block nearer to their main entrance will be ok while the inner block’s view will be blocked too.
does anyone know below this google map pic land is belong to who developer? and what house will build? http://imgur.com/1WKjrZ9
anyone know some kampung house still at behind the back of the cleanland. is that belong to ohm developer too or other? and what hse gonna build in that side? double storey hse or high building again?
My interest in this location , but I need to look any further , may I need to retrieve the data which clearly concerning , price , method of payment for the loan , the interest rate banks brapa there , brapa down payment , the requirement for the submission , I have to include any doiumen
no i think that doesnt belong to OHM developer
Anyone know the launching date?
Yes. I’m also seen that pilling work near the heritage white bungalow house area there. I think that not affected block whole part of sea view from The Peak Block B. and guess high percentage for TamanBukitErskine house from no.11 – 15 high levels will affected sea view block by Mount Residences.
@Common Sense
Hi, are the piling work continously being done?
does anyone have any info about this project opening for sale yet?
This project is not opened for sale yet.Now they are doing the piling up to 7th floor and will open for sales later this year.All interested parties have to register at their sales office.
Dear All,
My 20yrs experiences told me the hilly high rise building in 38 floors will eventually appear more cracks, when few nearby projects ongoing together. For example, if The peak originally facing crack lines with leaking issues @ both roof top and swiming pool due to 1% setdown after handover in one year, plus those nearby massive construction activities works will also create more cracks to wall and floor due to vibration……..Good luck to The Peak.
@S4S
Quite truth.. The peak very worst.. Crack..poor maintainence.. Now all want sell already.. Maintanence fee only 40% of units paid.. How to sustain such high density apartment..
Anyone knows the piling stage?Have they got their APDL?
check the latest updates google map. piling works almost get clear. so is it the angle of the building will up?
@Andy
almost finished piling, some part started ground floor.
now Latitude easyly 780k can get it compare to last year 900k…
Latitude soon will see 750k
The peak RM500k+ poor condo
Skyridge has gone building up to 5th floor..seems to progress well
Anyone know if they had obtained their APDL?
Don’t laugh at them, the same thing will happen to Skyridge, might be worse if you buy for investment. The Peak was sold at 300-400k & Latitude at 600-700k last time, don’t think the buyers will get burnt. Furthermore, majority of The Peak buyers already escape with handsome profit as I know. Only left The latitude is in trouble.
For Skyridge which is selling at 700k-800k now, can they sell at 900k with 2x density of The Latitude in future? It’s still a big question mark…….
APDL has been obtained.
Visited the site yesterday and saw the construction has went up to 7th floor
It looks like they are progressing well..Now the sales is open to public although no official launche is announced yet.
Visit or ask shineville park owner then you will know what is ohm offering. God bless those already purchase.
Is there another development, Taman Skyridge, next to this in the future? Saw the advertising in paper today
Taman skyridge is a LC/LMC project.
where exactly is the location? is it adjacent to skyridge garden?
How is development of this project?Have they gone building to 8th floor?
Soft launch opens today, from 16 Sep to 18 Sep 2016. Anyone interested to book a unit can go check it out now…… from RM 491 psf onwards.
How much is the 800sqft affordable housing in this luxury condo?
since last year already soft launch and now soft launch again. sales must be not good .soft launch tak habis habis .pity first batch buyer, now with same price free air conditioner and water heater . i’m wondering how was the sales on last weekend . anyone can share ?
how many floor per unit? anyone when to their office last week?
This developer’s project always sold below market value. Their project(Shineville) at Ayer Itam sub sales is also below market value right now(1600sqf selling <600k), everything selling cheap yet still no buyer? Why why why…..figure it out yourself : )
They have built up to 10 floors now..
Heard that the affordable house is selling at 500k, 900sf?
Thats rm555 per sf. Pricier than the bigger units? It doesn’t make sense, does it?
I was invited by the developer (I’m one of the existing buyer) to view the exact unit at site.
what came to my surprise is, the finishing was amazing and the fittings came off with luxury brands like american standard and grohe.layout is really really nice and huge living with the dining joining. the only thing that my wife couldn’t get used to is the carpet grass at the balcony
those who already purchased should try to contact the developer and see whether they could arrange a viewing as from what i know, they only invite owners for feedback and comment..
overall of the project i would judge a 4.5/5
@lee.b
I was informed the showroom unit will be ready in Dec.
Anyway, I as an owner will check out the unit next week.Can’t wait to see if it is as impressive as your comments.
think you should try to contact them just incase they missed out. it’s really out of my expectation this time and think they will do a good job for this project ..
Yes, they called me too to view the show unit. Going this Saturday !
Heard my friend said that initial booking fee is 50k, is it true? Has OHM obtained APDL?
@Ong
Yes, they got APDL a few months back.
@winn
How is the impression of the show unit?
what came into my unexpectation was the finishing. as the developer commmited will be providing as what we seem, if it is as per wat it seem in the show unit. i will give a 85% to my unit.
according to my experience of 10 years of investing property, i think its a good potential to value increase when future.
@lai72@gmail.com
Hi Bro..can you share your pointers on the potentials in increase for this property?
@Andy
Is a mock-up unit only. Overall looks ok with long dining/living area. My comment is the master bathroom shower area, tile drop only about half inch water will flood up to door entrance, hope they will look into this matter. No shower screen either. Whats your comment ?
This is a bad investment. From what I read here, the price is around ~800k. Too expensive, bad location, the darkest side of Tanjung Tokong. Learn your lesson from The Latitude. This area is condemned.
@winn
I will check out the unit this week and let you know my comments.
appointment was at 3, came back from site, my fair opinion on this developer is they r trying to imporve because they wanted our feetback so seriously and see how far they can do for us “purchaser”. this preview is only for purchasesd buyer and not others.
finishing (9/10) -> very nice sanitary given (american.standard and grohe, nice toilet feature tile and counter top)
worksmanship (8/10) -> maybe some places are not fully touches up yet, but overall the wall is nicely done, the rest is good.
value for money (10/10) -> psf only RM500 with such finishings, i think its very worthy it
service (10/10) -> attended by a guys called june, which gave me quite detail explains, very friendly and helpful.
if anyone here interested, i think we can form a committees before O.C setup so we can see what and how to improve or maybe share info..
@stella@gmail.com
I was at the showroom this morning.Overall quite satisfactory but I commented the master bedroom wasn’t so spacious.If they had withdrawn the balcony, this would make the room bigger and more spacious.
The wet kitchen is also laundry area.we need to redesign to accomodate this dual purpose.
As for the dry kitchen, quite spacious for a dining table of 6 people.
Thumps up for the finishing and workmanship!!
Ohm is a very lousy developer, i staying one of Ohm project in Farlim now.
Just less than 3 years, all the facilities got serious problem. Lift, Card access system, Astro, CCDTV, entry barrel all down. And after the management find out, Ohm is provided very lousy quality of Lift, CCTV, door access system. specially for lift, Do not have any 3rd party lift maintenance company willing to take the service contract due the the development time got problem and now cause the system keep having problem. And the pairing system also trouble, paip keep burst and cause the lift spoiled also. The Bomba pump cannot operated due to development time only fix single phase electricity. In the end need paid by owner.
YOU WILL FACING TROUBLE TIME WHEN YOU WANT TO CLAIM THE DEFECT. Will lot of the effect you need to claim.
So i encourage who was bought this properties buyer better check carefully, My advice is you need to check from A to Z. And the comments area also need to check one by on because is very teribble work.
Only one world can comment for this developner : Lousy
And you will suffer once you stay into Ohm properties…….T_T
PLEASE THINK deeply and carefully before you consider to buy OHM properties.
Attractive points from Ohm always Chep…
But it will be out of your expect how lost the work will complete to you.
BAD BAD BAD BAD BAD
@Truth
Why sell cheap because of lousy developer
I bought a unit in skyridge garden during piling stage with very deep concern, with all the negative thoughts and comments from my friends and relative .. but i’ve been waiting for this pproject for sometime ago. i worry about issues that you says before. but in the end, i bought 1 unit for myself.
i vist their mockup on monday(19/12.16) with my family and friends (total 10 people). putting my expectation to the lowest before i view the house. came into my noonexpectation, the quality and finishing is 200% u heard me, 200% much more better than any of the past projects that i seen!! i love the kitchen very much as there is a sliding in between the dry/wet area which i’m a cook, these 2 partions are seperated so the smoke will not come into my house. and the specs are given (grosche and america standards) which is something that i can only see in boon siew showroom or ijm project. came into my eye which i bought with rm500 psf with such finishing is really facsinating. my family and i was really happy with our purchase. the walls r relly smooth with balcony (carpet grass), room with smooth laminated wood flooring and comes with 3 airconds. but they only invite (existing buyer) to view the house only. you can try to ask the marketing maybe they can consider take u to the mockup. i was allowed to take photos but not sure how to share with the forum. the marketing person jokingly said they r trying to provide finishing of RM500psf with value of rm1000 but i do really think they worth more than 800. anyway just sharing my info tq for reading
mock-up show room ? Of coz the finishing quality is 200% !!
Come on, wait till you see the final product, then you will see all the sliding door, grosche/American standard stuff all missing, replace with cap-ayam brand.
And oh yes, when you ask the sales people why missing those, they will tell you “oh ya that is for display purpose…not included! “
ofcos i will have to ask them when i first time go. they promises what u c is wat u get, with such high quality finishies. and their intention 4 tis time to call me and my family go is to get feedback and komen so they wan to improve and do better. when people try to improve and be better, i think is good sign and better dont simply flame with stupid komens. me is buyer and happy with it. tqvm
Is there any LMC unit available? How do I apply for it?
@MJ
There are a few detractors here, condemning this developer at every opportunity.You don’t to worry about these sellfish people because they are here to ruin your day,maybe they are from other developers or those who had problem with OHM before.Who cares about them anyway?As long as you are happy with your purchase, that matters most.
As I have visited the showroom unit earlier, everything was up to my expectation.What you have seen in this showroom is what you get during VP.Based on the location and price, this is well worth your money..
So you must be someone from OHM . There’s no right and wrong . Time will prove everything ( i mean sales of this property ) . If the sales is good then we are wrong for everything . Let time to prove but not ague at this forum . Wish those owners ‘good luck’
any owners here staying nearby? i heard the consutrction is already up to 2x floor, didnt expect the const went up so fast
yup, im staying at the peak, have a unit at 35th floor on skyridge, can see their works are quite fast. was promised that they will reach rooftop by end of this year
Skyridge and mont residence right now can be seen from Gurney Drive. Very beautiful skyline from mount erskine and STP.
i think if both projects completed on this-next year, tanjung tokong will be very beautiful with these 2 building i guess
Just came back from sales office and mentioned project should be on schedule to complete by end of 2018.
Pass by the site last weekend, if not mistaken Block A now 25th floor, Block B 15th floor…very fast d
Could you please tell me the Pros and Cons of “Skyridge Garden” vs “Mont Residence” ? Which one is better and why?
@Andy
From the sales office last week, was told that the OC date will be mid 2018.
nobody gonna blocked by skyridge sea view rite?
Tower A now at 30th floor and tower B at 21st floor..Progressing smoothly..
@Andy
Thanks for the updates, please keep provide the latest status here.
It’s good if can upload photos here. thank you
@SRJ
Check out the pictures from Google Map by Franziska Berger….
https://www.google.com/maps/contrib/112889972837562337106/place/ChIJ-7Lf2ebCSjARmO71kW0SFAs/@5.4491905,100.2971403,17z/data=!4m6!1m5!8m4!1e2!2s112889972837562337106!3m1!1e1
Soft Launching of Skyridge Garden was 16-18 Sep 2016, anyone know when will be the official launch?
@Truth
because build on cemetery?
@Ah Beng
Don’t think Skyridge Garden was build on cemetery….was told that there were squatters living there.
@Ah Beng
Check out the pictures from Google Map with the below url
https://www.google.com/maps/place/Skyridge+Garden/@5.4493011,100.2985966,3a,75y,171.56h,93.49t/data=!3m6!1e1!3m4!1spCYtxd6-P-gfrsWo3W2zpA!2e0!7i13312!8i6656!4m11!1m5!8m4!1e2!2s112889972837562337106!3m1!1e1!3m4!1s0x304ac2e6d9dfb2fb:0xb14126d91f5ee98!8m2!3d5.4491905!4d100.2985672
Alex, any updates of the progress of Skyridge which you can share here?
Both towers should be completed by Oct.
@RayRay
having any blocked view?
went to take at my actual view yesterday. it was really nice
@Daniel Choo
Which floor did you go? Block A or Block B? Nice view?
@Andy
Tower A almost reaching roof top but Tower B still at 2X ? Am I correct ?
From Mt Erskine road can see only Tower A
@winn
Yes..tower B only reaching 20++ floors.
As I heard from them, the 2 towers will be completed by Oct.
just got back from overseas, tower a has already roof and tower b is around 30 (if not wrong because i count from the peak). construction seems to going up fast and can see progress from their garden liao. too bad cant share photos here which i manages to snap some of it from my phone
Thanks Andy & alexc for your infor.
To all buyer, pls take a look at tower A balcony for few units just above the facility floor, it looks a bit ‘senget’. Very obvious…. pls check. Tq
@Bluethunder
Really? Can someone confirm please? How about Tower B?
@RayRay
Tower b looks ok
is the medium cost unit combine with the condo?
does the affodable unit mix with the comdo?
anyone know current price for normal unit & is the penthouse still available
i think not much left, price from rm500 psfonwards for 1450 sqft. probably they have some promo right now, better check with their sales
Tower B should be completed by next month.
Then they will start the facilities floor in Dec.
I already checked and i see they fixed the problem already. guess completing soon
I had visited the site by appointment. Considering Unit A-23-6 (Facing Seaview) 540psf after rebates or B-8-5 (Garden) 495psf at this moment… still not sure which unit to decide ..anyone got suggestion?
@SRJ
if you have budget then go seaview lah, to me garden or seaview are the same, i buy for own stay and any view is fine
Go for Seaview while unit still available. Good luck ya.
Of course seaview is better if you have the budget, garden view is facing west right ?
yup decided but i go garden level 12 floor. can have garden & tanjung bgh seaview and cheaper also
Their showroom unit will be ready end Nov.
nay idea if still got penhouse unit?
first time developer bring ppl go site see actual house. no wonder they do that because their quality this time better than city resident and also marinox
is this project 70% completed?
Tower A reach rooftop, Tower B about 30+ floors. Not sure on facilities area, progress billing almost 70%
my unit is at tower b level 28 got billing total up t now is 75%. should left road only i think
OC is when?
@RayRay
End of June, 2018
Was informed by their marketing office last week when i proceed my progress payment that they will complete by june 2017
is the showroom ready?
a project worth for investment, cheaper by 35% from mont residence. definitely sub=sale value can fetch much more higher than mont in future, summore have seaview, better worksmanship, better position, non hill slope
@chooc
Last heard from them said showroom will be ready for viewing end Nov 2017
@danielgoon
Thanks for sharing your comments above
Agreed with you 1) “better position” = I don’t want the frontage of my abode to be a wet market
2) “non hill slope” = hope the heavy rain & flood won’t impact SG
Could you please elaborate a) 35% <– how do you come out with this figures or calculations?
b) better worksmanship <– why you say so? please share your observations
Good news to SG owner…. could you please elaborate “quality is better”?
yeah its simple. mont selling at 780 psf and skyridge at 500 psf. 780-30% = 500. ive been to showroom of mont and skyridge. both of them and the qualty skyridge offers is much more premium comparing to mont
If Tripinacle collapses, it hit The Peak, and in turn The Peak collapses, will it hit Skyridge? Just wondering how safe is all these highrise near the hillslope this area. There are so many condos at this small area.
@Melanie lim
hi Melanie, Please be optimistic….but I agreed traffic jam may be unavoidable in the future when all move in to these condos.
When will there be showhouse at skyridge ?
if not mistaken by november
@Ong
Ong….Contact the developer OHM and find out when you can view the exact unit at site.
The showroom unit is ready on 1st Dec.
I like to suggest all SR owners to meet on 2nd Dec afternoon for us to create a social media group.If possible meet at 3pm showroom unit.
Hi Andy, I am going at 2pm this Sat
@Andy
my appointmen is sunday 3pm, dont think manage to going on 2nd
good news, finally showroom is here
hi, i am SR owner, the showroom is at SR actual site?
yup, you can try to call their office to make apopntment
@Stella
You can drop by 2pm at the showroom on the actual site.
Visitted the showroom , as i could say that the showroom amazes me by its simple and contemporry design that could fit 3 big beds on the 3 rooms along with round table. very nice kitchen and tastefuly done
No much of a conversation here.
Is skyridge fully sold out ?
Cant wait for it to be fully developed mid next year weeeeee
not quite sure, heard only 10% seaview units left ?
RayRay What do you think of Mont Residence vs SkyRidge Garden?
Any opinions?
cant really compare, im a skyridge buyer of course i would say skyridge is better
i make comparision before i decided to buy skyridge or mont residence previously
1) pricing – skyridge is only 500 vs mont 750
2) location – skyridge seaview vs mont no view
3) type of land – skyridge flat land vs mont hill slope
4) size – skyridge 1450 mont 1222
think the 4 rules of buying house is stated clearly for me to make my desision
My opinions are the same as yours but it surprises me that many still purchase mont residence.
This makes me want to find out what is so special about Mont Residence that they are willing to “pay more, get less”?
Guys, theres a 360 degrees view of the showroom.
Can check it out at skyridgegarden.com
one of my smart friend bought one unit because they have this 13% cash back or somewhat which marked up to about 900psf. we all know lah, this is how business goes on. you mark up and you pay extra. the buy the gimmick what. pay 5k, got additional 3% cash. sell after O.C. no money buy but still die die wanna buy
It is not that what is so special about Mont Residence.
Mont Residence was launched much earlier than Skyridge.I guess about 2 years earlier when Skyridge was only officially launched in 2016.So those buyers of MR has no choice but to stick to their purchase.If they had known about SR development, I think they will consider SR.
A lot of buyers buy blindly without looking into the surrounding development, and they regret later when a new block will be constructed in front of their unit.If they find enough info and do some research, they will know what are the new developments in their area.
@Andy
I wish them luck then.
Yay i cant wait for it to be completed next year. Excited to do the ID.
Which floor are you at Andy and Ray Ray? Im at 20th.
@RayRay
Sounds like your friend is doing it for investment.
It all depends on his holding power…
just visite the showroom tis morning with my friend.
price 4.5/5
location 4/5
layout 4/5
looking at a middle floor, 23 intermediate cornor for tower A. any opinion guys?
@Choo
If you like it, then buy it
There is nothing much to point out anymore after you have visited the site and the showroom.
simple outlook with no soul. design is too common. just like any other condo in Penang. Nothing much special. but location is good.
@Yew
Actually, I have a totally different opinion to yours. The design is fantastic, classic tropical design with plenty of big windows so that the interior can be bright with natural light. But the unfortunate thing is the location. It’s too deep inside the graveyard, already proven to be very unpopular with expat tenants. Most koreans who moved in there because of the cheap rentals are looking to move back out to Seri Tanjung Pinang now.
I agree with mchammer. The location is very bad and eerie.
One man’s meat is another man’s poison.
I think the location is great.
JiewJiew, haha, you are right. I’d say the begger’s meat is the rich man’s poison. More appropriate for this case. No wonder my friend managed to buy one Latitude unit recently for only 630k (1500sf), unbelievably cheap ya! Maybe just got lucky that she bumped into a one-off cheap deal, but still, that goes to show the unpopularity of that location. What a big difference between MtErskine/Tanjung Tokong vs Seri Tanjung Pinang/Tanjung Tokong.
Houses built are for Penangites to live in. From what you mentioned, are you referring to Penangites that purchase units with affordable pricing to be beggars?
Indirectly, are you also insulting your own friend? What a kind friend you must be.
@weiwei
Are you someone from E&O sales or a buyer from STP?I can see you have distracted views on this project.If your friend is so lucky to buy Latitude at 630K, then let it be.Latitude’s view is almost all blocked by SR.If the owner likes seaview, then SR is a nightmare or maybe owner is so desperate to sell, then any price will do.For this price 630K, who is the agent involved?I like to call up the agent and check this Latitude’s unit.
@JiewJiew, nope, I did not mean those who bought affordable condos are beggars. All I am saying is, if you have a choice, choose Tanjung Tokong area near the coast, Santorini would be a good choice if you want affordable. Mt Erskine area in Tanjung Tokong is a bad location (although it also carries the name Tanjung Tokong). That’s all I am saying.
@Andy
Nope. I am not someone from E&O, nor am I an STP buyer. Like I said, the design is great, very nice in fact, but the location is definitely a minus. I do not want these unscrupulous developers to mislead buyers into thinking all corners of Tanjung Tokong are the same, they are not. They are worlds apart. STP vicinity (everything from the coast up to Mt Erskine road) will be prime, and anything after Mt Erskine rd will be for those who cannot afford prime.
we all know that there’s this website called Brickz.com that you can check all kind of transaction of property since ages ago which i’ve never came across of such deal that you’ve mentioned. unless your friend has purchased the property illegally or by scam.
@weiwei
Im glad that you are more objective now. We can have a real conversation from this point onwards.
If you are driven by the drive of stopping unscrupulous developers from misleading buyers.
All the more you should give praise to OHM.
Instead of setting the price to be RM700-800/sqft just because its on Tanjong Tokong land, they set it at a reasonable price of RM490/sqft.
If you are able to purchase units that does not have any view of the graveyard like mine(Yay!), there are plenty of plus points in living in Tanjong Tokong.
I know this as i have been living in Fettes Park for over 20 years.
It’s not quite legit and reasonable to compare STP vs Skyridge. Take a look at Tg Bungah, the outer part of Tg Bungah, Infinity, Skyhomes, Harmony Residence, you name it. Those are priced at atleast RM750 psf onwards on the belt. Inner part of Tanjung Bungah, Surin is priced at about RM650 psf onwards with a slight difference of RM100 from the outer and inner side.
STP is the most expensive vicnity in Penang Island, selling at a whopping of RM1,200psf onwards which is taken into comparison. With the incoming of Massive Middle-Range / Affordable Series which to be taken into place at that particular location, STP 2 is coming up soon.
It is never a fair comparison to compare STP & SG as it’s a total different product comparison, judging by maintenance fees, STP charges their residence with a whopping RM0.40 psf which hardly affordable by local, mostly foreigners. while SG is charging about RM0.20psf i suppose?
You wouldn’t have to say for those that couldn’t afford PRIME will have to go to Mount Erskine, its just the local community makes a better and much more wiser decision which they always look for Long-Term staying and long-term commitment
@lye
All I am saying is in terms of comfort, convenience, and value appreciation, STP or anything between the coast and Mt Erskine road will be it. But of course, if you can’t find anything that fits your budget there, than no choice lor. Go Mt Erskine lor.
hi Weiwei, what kind of Locals are willing to pay RM1,3000 psft for a reclaimed area in Penang Island? you called that comfort when you have to be so panic packing your stuff to move away from your own house whenever there’s any disaster alert from the National Weather Department? Convenience as in Straits Quay is closing down and sold to MBI due to its poor business, value appreciation as in RM1,200 from year 2014-2017 still the same?
I don’t see any point there for you to speak out in sense of comfort, convenience and value appreciation, if you do have a point please elaborate.
Don’t treat people like us who stays there like we don’t have a budget, instead we make a better decision in terms of long term.
@weiwei
You claim that you dont support unscrupulous developers.
By overcharging home buyers by a long mile, isnt E&O being unscrupulous and greedy developers?
And also, with the price of STP being so high already, i wonder how much appreciation left is possible for STP?
@JiewJiew
You don’t have to argue with this person.A hypocrite who is indirectly insulting SR owners and all owners of surrounding condos.
Take your time to have more constructive comments on this forum.You can’t stop this person from creating havoc here.
@Andy
I guess you are right. Noted.
@lye
Mat sallehs & japanese are paying high rentals to stay at Quayside and surrounding condos up to Mt Erskine rd. That’s why rentals there are going at 3000+, 4000+, 5000+, 6000+, no problem. If you go Latitude, a pitifully low rental of RM1800 also have to beg the tenant to rent. That’s a fact, not my opinion. You know why? Because those expats don’t like how “Latitude” is spelled? Or because they just don’t find that place conducive to live? . You tell me. Only koreans are willing to go deep in there AFTER Mt. Erskine due to low rentals. But even the koreans are moving out, slowly, because of budget constraints.
You are right, RM1300 psf is too expensive now, in terms of rental yield. But for owner occupiers, nothing is ever too expensive for the rich, they just need to like it.
But at least you guys wont be as bad as Mont Residence buyers. Those suckers really kena kau kau from VST. Many paid RM700+ psf for the units during the end of property bull market. Mont Residence will suffer worse fate than Latitude, while the price they pay for Mont Residence is double of what the buyers of Latitude paid to Ivory. My advice to you guys, don’t ever buy from VST, it’s a big snake.
You’re right about Mat Salleh, japanese Paying high rental to stay in quayside. But economical point of view that we are talking about is.
if you can calculate or have a calculator.
Quayside RM2,980,000 with 2400sqft for Rent at RM6500. 2.5% Return P/A for Rental
Latitude RM850,000 with 1500sqft for Rent at RM2,000. 3% Return P/A for Rental
all of the calculation above doesn’t include any expenses like maintenance fees.
judging the return after paying maintenance fees are.
RM6500 x 12 = RM78,000 – Maintenance RM1,056 x 12 = RM65,333. Profit-Expenses =2.19%
RM2000 x 12 = RM24,000 – Maintenance RM330 x 12 = RM3,960. Profit-Expenses = 2.35%
Everyone knows that even though for Quayside, Andaman or whatever you name it. Even it’s for rent at a Premium Price, but only the owner knows about the Rental Return that you are having. So actually for those Pitiful Low Rental Latitude Owner gets to enjoy 3% > 2.5% for Andaman owners.
Smile from the face of the owner of andaman, cry from the heart. hopefully youre not one of them.
@lye
Thank you for showing your calculations. That was very accurate and realistic which reflects the current property oversupply situation that causes rental yields to be low around 2++%. Like I said, “…..You are right, RM1300 psf is too expensive now, in terms of rental yield.”. That’s undeniable.
It is however worth noting that to a rental paying tenant, “rental yield” means nothing to them, as the rental they are willing to pay correlates directly to how conducing a place he perceived to be for staying, which then reinforces the point that “…… location is definitely a minus. I do not want these unscrupulous developers to mislead buyers into thinking all corners of Tanjung Tokong are the same, they are not. They are worlds apart. STP vicinity (everything from the coast up to Mt Erskine road) will be prime, and anything after Mt Erskine rd will be for those who cannot afford prime.”
In fact, if you want higher rental yields, low cost flats will be the answer. You can easily purchase a flat in paya terubong for RM80k, and get a monthly rental of RM700 (that’s nearly 10% return). But the flip side is, you have to deal with bad paymasters, low level gangsters, hookers etc, and the value of the property almost never appreciates…:)))
Whatever I have just said are all from the perspective of rentals. But for owner occupiers, like I said, “….nothing is ever too expensive for the rich, they just need to like it.”. And therefore the guiding principle of “location, location, location”.