who will buy wow? Target buyer from where? SoHo again? Web seller?

364sf???

Built-up Area: 364 sq.ft. – 521 sq.ft., Indicative Price : RM3xxk onward => Wow around 1k/sqft

Is it office lot?The location quite strategic!I”m interested to know more details!

the office size so small…..not suitable for me

location is strategic. not bad huh. any discount or rebate given?

What is the size ranges ? Any early bird offer

have facilities…..can be come service apartment??

centre in penang …but how much? expensive boh?
pm price tq

It depends on which storey you would like to purchase.
for e.g. storey 15th, selling price MYR586, 300, with rebate 19%, net price is MYR474, 903.
The construction takes 4 years to complete.
After completion, GRR(Yearly Rental Return) 6.5% for 3 years.

FREE all legal fees and stamp duties & GST.
Such as hotel investment still new in Penang.
Any comments about this project?

Too expensive for a 500++SF with MYR586, 300. Even at KL also not that high price plus rental value is higher at KL…

at the project, surrounding have any other hotel? Who will be the targeted customer? Any maintenance fee? if yes how much?

Who will be the targeted customer? Any maintenance fee? if yes how much?

@jacinda
full hotel facility, membership is RM 8000 a year, if you the owner, will gv you free 2 membership

@lin
Just pay for RM7000 to own this hotel suite

Hi, after read the info. Sound good. The current package is 7% with rebate 11%+2% upon signing S&P within 45 days. GRR 7% rental for 6 years. After that will be profit sharing 70 for owner and 30 for hotel. So how if .. after 7th year, the market is not good? The owner sure will big loss as to pay high interest from bank loan.

Hi, the unit still available? I wish to buy.
Who should I contact?

When is the target project completed?
Will it be done by June2022?

Hi,
Any site progress update?
Any buyer here already create a group chat? So we can discuss and share some infor.
Thanks

Hi, Any buyer here? Do we have any group chat. Please add me and let me know.
Thank

Received notice asking for payment for completion of Stage 2(g) on 05 Oct 2020.

Any site progress update?

Can they complete by june 2022 before the deadline of 48 months? thats only 1.5 years from now. And i think they havent even complete the ground floor

@bobo
No problem lah. If they handover after deadline they will have to compensate the buyers. Now the federal court said the LAD must count from booking/deposit fee paid instead of SPA stamp date.

@jack
is vos covered under HDA? i haven’t check the SPA. When did you make your booking mate?

I’m also a buyer here. Just saw facebook from “Eddie Song” had posted news. “First Wyndham Ramada Hotel in Penang, open in Q4 2022, manage by GIC.

The GRR 6.5% pa only applied to 10months instead of 12months right?
In the contract, 2months will be no rental for refurbishment.

@north
If im not mistaken, it was 34 months with rental return, 2 months not. The refurbishment only done once every 3 years. Btw, does anyone sign the leasing with t Hotel instead of wyndham group? T hotel no more already? Then How is this gonna work?

What is the current site progress now?

@Jimmy
Similar height with Stallion building beside now.

@Buyer
Many thanks. Looking good.
When can take the key?

What is the current site progress now ?

March 2024, keys will be issued to owners
June 2024, Wyndham hotel will start

@Steve
When do you sign your spa or pay booking? Entitled for LAD? They delayed so much on the completion date.

Wondering any buyers here? I’m thinking to create a Whatsapp Group for all the buyers. This project has been delayed for way too long.

March 2024, keys will be issued.

@VOS Owner
Just create and let me know. I’m the buyer. Yes is way too long. Hope developer will compensate base on the agreement S&P. Even deduct the MCO period, it is still late for 1 year+ for key submission. Also from the initial design layout 2BR become studio room. If this changes can boost the profit, I don’t mind.

I’m new to this type of hotel investment. Anyone knows the building facade, quality really feel like hotel or just marketing gimmick ? If you are buyer, please share what you think now compare to when you signed up. Appreciate.

Tough luck if developer implement seprate maintenance rates

@VOS Owner
Please add me as well. I suggest creating an exclusive Facebook group that requires approval for owners only. Let’s discuss the project delay further and explore how the developer plans to compensate us.

March is here now. Key collection anytime soon.

@Terence
Can you help to create and provide the link over here. Thanks

Anyone has updates on this project?? it’s been like 8years???!

Is there any Whatsapp Group or Facebook Group for this project?

I have created a Whatsapp Group, but I don’t know how to invite everyone’s in. Can you guys leave contacts here? and I need to make sure it’s Real Buyer/Owner of this project.

June is coming, wondering apa cerita sekarang.

@VOS Owner
PM

@Kelvin
can’t pm here, please leave contacts and I’ll pull you guys into the whatsapp group.

Anyone has contacts to ask how’s the progress? The agent keeps giving excuses

@VOS Owner
Do you mind to put your contact over here then we will pm you. Thanks

please send message to koeloon at g mail. Sorry I can’t type the whole address here. Hope you get it.

I just received a message from the bank stating that the final payment has been issued to the developer. May I know the status now? Do you all have any group I can be added to?

Same. Payment #3 was released by bank to developers on 20 June.
When can collect key?

@VOS Owner
Can’t leave contact here, will get a lot of spam message.
Do you have the email address or other platform so you can pull me into the whatapp group?

@Kelvin
Hi Kelvin, please send message to my contact above. We have created a Whatsapp Group for this project.

@VOS Owner

i got drop my contact into your g-mail