Emerald Residence
Emerald Residence, yet another condominium development by TPPT Sdn. Bhd. at Teluk Kumbar, Penang. Located along Jalan Teluk Kumbar, adjacent to Platinum III. It is about 5km away from Penang International Airport, under 15 minutes drive to Penang Second Bridge.
This development comprises 3 blocks of 28-storey condominiums, offering a total of 411 residential units with built-up size ranges from 1,114 sq.ft. onwards.
Project Name : Emerald Residence
Location : Teluk Kumbar, Penang
Property Type : Condominium
Total Units: 411
Built-up Size: 1,114 sq.ft. and 1,183 sq.ft.
Indicative Price: RM420,000 onwards
Developer : TPPT Sdn. Bhd.
Register your interest here
Location Map:
Starting price 535K onward not 420K right?
Any further news/discussion on this project? Rarely found comments/details for this project.
Is it frehold?
When is the completion date? CCC?
Anybody bought this? Heard from developer CCC by end of year. Not sure about the built quality from TPPT. not much info on this developer.
Location wise is just 2km from Solaria area with wide main road, should be high potential growth area.
Heard from developer CCC by end of this year but visited the site the building was almost completed and there is only few worker around. Why it takes so much time to get CCC?
@JY you went into the constructing site? Developer just say CCC process depends on gov whether fast or slow. U bought?
@Kylo
Just passing by in front, the construction is almost complete with all painting. But the developer said architect didnt give instruction so can’t even give a construction completion timeline.
Heard that One Foresta is having gangster contractor issue.
Will this project be having the same issue?
Developer say no gangster contractor. But better check with Platinum 3 owners for their experience.
TPPT start to collect TNB meter application form. What does this mean? Almost can collect key?
I think just to be ready with the tnb details only. CCC December and VP around Q1 2020 from what I heard.
Dec almost end, but there is no news for CCC….
Jan almost end, still no news for CCC. Heard that Forest Ville that just completed recently will VP soon!
Just saw a news from internet, the OC to be expected in Q2. So the key handover is delayed to Q3 again? What makes it so slow to take such a long time?
Anyone got any news for the OC/CCC ?
TPPT said CCC postponed to June
June is what I got from them too. With the covid 19 and mco going on not sure if they will further delay. Sigh
Oic, let’s post any information we have here
Hi, TPPT said CCC will postponed to October
Do you guys have Emerald residence group chat. Can i join it? So that we can share info with each other
Omg October. Delay again and again. Would like to join too if have any group chat
what is the reason for delaying? Everytime go there also did not see a single worker there.
@OCC
Please add too if have the group chat, does anyone create fb group for Emerald owners?
OMG… not sure why it keep delay, Sigh..
I just create a facebook group for that, please search for Emerald Residence Penang Group in Facebook
@CSL
Hey, may I join the group as well? I m not able to find it on Facebook.
@OYK
You can just type “Emerald Residence Penang Group” and will get it
This condo really legend. Completion only 3 units owned. And this developer is scammer. you will understand once you move in to the condo. You can literally listen the movement of the people upstairs. Legit can hear their light footstep. If they jump, you can consider earthquake d. The floor is EMPTY. Made of sand and water.
Feel free to sue me if above statement is untrue.
Hi Nick,
Is it true what you are saying ?? you own there ??
Because this Saturday I might go there for viewing the house, can you tell me more about this thank you
@Nick
Hi Nick,
Is it true what you are saying ?? you own there ??
Because this Saturday I might go there for viewing the house, can you tell me more about this thank you
that is misleading,as per nick only 3 units owed,must be less plp stay there…then how can he say can heard footstep of plp upstair..its misleading to others..MADE WITH SAND AND WATER ?? How the buliding still there …must be collape d la..
i really laugh at this statement. 3 units owned….
@TJH
No need to ask their seller or anything. You drive at night. You will only see 3 unit has the light lit. And the carpark only has 1 car. You can drive up to emerald park, and then look from there. If you talk to their salesperson or developer, they will say 90% sold, only left a few unit of choice. This level and this level. But trust your own eyes, don’t trust me or the developer. Drive at night, go see yourself. This lousy developer is well known for bad reputation. Build the apartment with lousy material. You can literally listen the footstep of the unit above you. Worse even, 2 unit above you who move their chair friction against the floor can be heard too.
Pandai yj. Let’s meet up 8pm at Emerald Park. We shall see with our own eyes. Hahaha.
P/S: Their gym is smaller than my living room. RM 480k for a unit with no facilities and no balcony. I can easily find any apartment or condo that’s better bargain than this Condo of projected completion date 2019. 3 Years into sales, having only 3 units occupied. Tell me this developer has nothing wrong with their trustworthiness and reputation
If you see from Emerald Park yes,maybe 3/4 units with lighting …but the unit 5&6 also have some aldy occupied…which u cant see form your side ma…Plus another block B2 also u dint see it…I went thru the show unit there all the full sea view unit really sold out…some unit still under renovation…some occupied…not as your said only 3 units!!!! If you want good reputable developer ,then you have to buy a land built by your own….haha…
if i not mistaken, this project just fully obtain ccc right? should be need some time only can judge population by viewing light. I think is normal ppl take time to design and do the reno. For now what you see only 3units light on at night maybe is true, possible the owner just do some touch up and simple reno only.
About the quality like you guys said ,i’m not sure. But previous i when to view the building is green color but now they change the color to grey color ,for my personal view which look more nice and modern compare to green color
Like I said. No need to argue so hard whether it is a good buy. Genuine buyer can go use their own eye to judge. Completion year 2019, now it is May 2022, less than 20 units total which is staying. If that’s fine from your perspective. By all means, get this condo :). Just my two cents, I’ve bought unit from this developer and the lousy material is just my experience. Literally went up to complain to the neighbor just to find out, they are just “walking”. Imagine the material deficiency yourself. Haha… speak with facts, no need to argue. I even dared the developer to Sue me if I speak any untruth. This is just the risk you might want to take by choosing to buy from developer of lousy reputation.
@GV
Ai ya… later the zan and zen 6 geng will come promote their house again. in their mind only ZEN house nice and other place are no value.
@Pak Hai Kia
wa lai liao… u still dont want to buy arr?
any new buyer for this project ? Any owner watapp group ? i no see any group in FB too
Any comment for this project? It seems ald build up so long and still many agent are still promoting this project… what is the reason cause it can’t sell out?
@Abb
Reason is simple. There’s so many better alternative. Why would you want Emerald Residence? The gymnasium is as small as my washroom. No facilities other than that. Launch price was 400k. Now it is 500k, pricier than before with absolutely no reasonable selling point. Completed since 2019 and more than 50% unsold units. Who got the balls to take the risk? Not buying a toy. It’s a housing property.
Now is the worst time to buy this project. All the seaview is priced the same as the other views. Pretty pointless to buy this now if you didn’t already bought. Only fools will pay the same price as the sea view for the other view units. And after reading the comments, I asked my agent about it. It appears that the developer’s last project in Penang would be this one. That would mean, once the project is fully sold, you’re off on your own. Good luck if you’re hoping the developer will take any responsibility afterwards.
Can consider if developer sell it for 350k
@Kenneth
Behind the project D-Starlington selling from RM410K (1001) 800+ units..4 years to completed…
As per sale person,they encounter one of the their LMC Mercury Apartment purchaser make misleading information at this group….if he not happy with the project he stay may comments at his project there..should not make noise here…*TKK hope you your consideration…tq..
For those who want to rectify can call developer office to make appointment to see from your own eye.
@YJ
Can’t compare at all.. Emerald only has swimming pool and gym room. D’Starlington has like 50+ useable facilities at level 1/9/10/10a/15 whole floor… unit also have balcony and still have seaview… It’s like comparing Ramly’s Burger with Gordon Ramsay’s Burger.
Don’t purposely come here to say it bad make the market price drop. Please considerate to those owner who already bought the house, you think they can refund the house now? If you like other project, then just quietly go buy other project. Don’t comment here.
@M
Oh.. since the developer already identify the person who “share this misleading information” and saying the material deficiency in floor that can literally hear the footstep of the people above your unit. Why cannot just sue him for false statement?? Unless it is true loh… Funny leh you, somemore advertise phone number to boost sales. So worried your “HOT” and “BARGAIN” project cannot sell out?
@Kenneth
Gordon Ramsay Burger would be fine TQ
@ThePotato
I prefer RM460 burger
@Alan
Unfortunately, the above is true. I’ve visited the unit and tried walking barefooted in one the room. Literally the entire unit echoes with the sound of my footstep. No sound when walking with shoe, but once you barefoot and walk in one of the room, no need to ask someone go downstairs, you can literally hear your own footstep. Haihz, abit wasted, it is a low dense condominium and environment quite okay although abit pricey.
What empty house doesn’t makes echo sound with barefoot. The echo will less visible once furniture goes in. That’s how empty house works right……
@Zen Belover
I’ve been to a few projects, never have I went to one where I could hear my own light footstep. Some condo I even jumped, there’s no such echo. There’s only slight thump even when I jump really hard to the point I hurt my leg. Nevermind, you go visit yourself then you understand the severity.
@Kenneth
This project really too overpriced for the specs. Even the old project Platinum III is cheaper in price, bigger in sqft, better in location, superiority over the facilities and even comes with a balcony. With the difference in price, the surplus can be used to renovate the house looking like a palace. Those who bought this project at premium price really hope they got the Seaview units and the Seaview remain visible forever. Else byebye to your investment.
@Savvy Investor
What premium price? Is this 1 million? What bye bye?
Teluk Kumbar place is future of Penang. Never under estimate. When boom later you may have to hold your ball.
@Zen6
As I said, all the other project with better specs will go up in price meanwhile Emerald will depreciate and left out by the economy growth due to the lousy specifications. Would you buy a lowest spec HRV that’s surprisingly pricier than a RS-specs HRV? Read back my comment, I’m saying the project overpriced, not the location. Of course Teluk Kumbar will bloom eventually and sooner than we will ever expect. Mainly because Penang Island is scarce of land and improvingly became the best state to live in (Malaysia).
hi, this month developer got extra offer but selected units. i personally when there for viewing twice. my advise pls walk in n judge by urself. For some reason ( buyer or owner here ) i think better i juz keep for myself. Pls view all the 3 block, facilities, parking area, maintenance fee, bla2. developer staff very helpful.
Har har, what boom? In Platinum III’s thread have comments from 2012 that predicted TK will boom in 5 years, 10 years. Now already 2022 and still faaaar from booming anytime soon lol. In fact, the road not even widen yet after so long. Everyday bottleneck jam like crazy. Even Platinum III with better features bought at 500k 7-8 years ago and now still stuck at less than 550k without any buyers, what more Emerald which looks like any standard 400k condo in Sg Ara (which also has the same kind of rush hour jam but more happening and convenient than TK)
@rezeki79
Hi did you book any unit after you view the project?
@funnylahyou
This happens to all location.Everything is bad until it became good. And when people start saying the location is good, the price is way appreciated to the height where you will need to wait forever for the next hike. You can wait forever for next price hike. One of the greatest investor in the world, Warren Buffett says this “Be Greedy When Others Are Fearful”. The wise would understand this statement and see teluk kumbar as the key to moneymaking investment decision.
@FunnyWhat
meh, even balik pulau, the area that’s considered even more far-flung than TK, and which is said to be “worse” in terms of investment because no one other than retirees want to stay there, have seen more development over the past few years. In fact many big-name stores are opening up there, even sending and dropping off parcels by courier have become a lot easier than say 5 years ago.
But for teluk kumbar, literally nobody wants to set up shop there simply because “why not just drive to nearby bayan lepas? (that isn’t very near at all)” I just looked up for a parcel drop-off point today and there’s not even one in TK, but 3-4 in Balik Pulau, which really surprised me. Just goes to say how backwards TK still is, in 2022. Who would’ve thought?
Imo it’s not far enough to become another proper satellite town, nor near enough to be actually convenient. it’s literally neither here nor there and the narrow and jam road leading to it isn’t helping things.
Of course, if you can hold for another few decades and invest in the far, far future, then by all means. But I doubt most investors here want to wait for total of 40-50 years. Maybe you can ask those people bought PlatinumIII in 2012 who are now selling off at low low prices and see if they still think they’re wise and it’s a worthy investment lol.
@funnylahyou
Wait until airport mall, carpark & mitsui is here. In most country, the area surrounding the airport always bloom. TK Heights is the only location has yet overpriced (which is a bad thing for those holding since 2010ish). However, those who are pessimistic about TK heights will bear the loss for not seeing the worth of the location. Deep inside TK after the narrow road, I have nothing to say. Unless government decide to widen the road or have some development plan, I have to agree deep inside TK is pretty much dead and it will require at least 10 years to even slightly develop.
@funnylahyou
Despite what I said. I’m just saying the location generally. I will still agree with you that this particular project is unlikely to appreciate even if the location bloom. Main reason is the low-specs that doesn’t justify the overpriced premium. Maybe developer need to do something about the offering or lower the price to atleast 320k to match the current specs. Else, there’s so many project is much better of a choice surrounding it.
@FunnyWhat
Agreed. Pangsapuri Kejora which was bought at rm42k is already selling now at RM280k++. And the bank valuation at rm250k. That is like more than 80% appreciation. Not all property in TK is dead. Unfortunate for those project that is after the narrow road to deeper TK side. Hopefully next elected government will do something to widen the road.
And yes, if 320k I will also consider it for this project. Need spend some renovation money to install false ceiling and insulation panel. Anywhere higher than 400k is not worth it. I’ve been to the site and the sound insulation is just as bad as rumored.
@Siakap
nope…
Really disheartening bought this project. Irresponsible project developer, cheap material and no appreciation. Now this project keep drop price.
At this rate, project will drop until 350k by end of this year 2023. Feel so hopeless
Rather buy Platinum III which is just beside. The location is good and avoid all jams. Strategic location and will surely develop in no time after Mitsui Outlet and Le Meridien. Don’t know why this project use cheap material, the sound insulation is so suffering
@Regretful_Owner
Don’t try to be misleading here.
In Google review really highly rated. Went to site all are good with reasonable price too. If regret then just sell. Finish. Easy.
Buy a house & spend the money but said hopeless kau pek kau bo here. If you buy for own stay then who care about price drop or up. Lol..
@Hamilan
I don’t know which side you’re on. Google review I only see fake accounts rating 5 star and some owner complaining about water leakage. One old review noting the bad sound insulation
Don’t buy this…All please buy Zen or Quay West…the best in the world
@LL
Again. It’s a different location project.
Justify it with fact.
Finally this developer realize this project is the lousiest among all the projects there, start outsourcing agents to scam buyer
lousy project betul. siapa beli siapa malang
Thanks for review – very helpful..
After stay here, a lot of defect. toilet ceiling leak they fix 2 times. Defect complain take a lot of time to do. No motorcycle and walking entrance very terrible. Need to bring down rubbish so far to the trash area about 200m. Pay maintainance same like other condo but facilities very poor. Not recommend anybody to buy until the vendor fix the problem.
How is the sound insulation, is it like some here commented that bad?
@Ashmir
Hye sir. May i know is the defect been catered? last time went for viewing but low rise units. seems ok. after reading this thread, worried alrdy
@Fabian
hahaha… very high commission for IQI agents. yummy money.
Erm…Emerald Residence, the Condo Which never sells ….If price sell at RM300k confirm laku