The Pier
The Pier, yet another mixed development by Asia Green Group within the vicinity of Bayan Mutiara. It is strategically located along Tun Dr. Lim Chong Eu Expressway, a short drive from Penang Bridge’s Bayan Lepas bound exit on the Island. Adjacent to The Zen development, this project was formerly known as Zen 9.
This development will feature a 37-storey serviced residence, comprising two residential towers. Tower A offers 496 units, while Tower B provides 438 units, resulting in a total of 934 residential units. The facilities are on level 8 with 7 levels of car parking podium below. Additionally, there will be 64 shop offices situated at ground level.
Property Name: The Pier
Location : Bayan Mutiara, Penang
Property Type : Mixed development
Total Units : 934 (serviced residence), 64 (shop lot)
Built-up Size: 775 sq.ft. – 1,227 sq.ft.
Land Tenure : Freehold
Indicative Price : (to be confirmed)
Developer : Asia Green Construction Sdn. Bhd. (Asia Green Group)
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.
Yet another asiagreen project, are they planning to screw up whole penang world city with their cheap quality project
@qwest owner
No lah, this is Zen9 renamed to The Pier
Well done AsiaGreen, yet another award-winning project in the pipeline!
@qwestowner – Are you legitimate QW owner? Because if you are, you would have appreciated the flawless delivery of QW. I see only top quality delivery and highest standard of workmanship of QW. Most of the owners are very satisfied with the purchase
@LL
you sound like a good sales person lol
@LL
I think you mean another “award-buying” project in the pipeline lol. If you are asiagreen worker by any chance. Please spend the money and time to improve the project quality. No need to spread false info here to twist what is already a fact.
@qwest owner
It’s definitely a much better location than Queens waterfront.
I believe the demand & price in market definitely much appreciated.
You can see a few AG staff and boss, as well as the property sales agents gave 5 stars in QW’s Google review. Kudos to AG! Ka ki kong, ka ki song!
@Zen6 Buyer
Did you ever go into QW & see the actual finishing?
The landscaping is world class & award winning.
The unit is spacious & practical used!
It’s good for investment.
Nice, has wave pool, The building top has nice design, hopefully wont scrap later,
I Really hated it when the Wave at PTS building top not constructed as shown in the rendering.
It lost an entire beauty feature, lastly just 1 square structure looks like abandoned an incomplete….
Sigh
HAHAHA~~Asia Greed ar Asia Greed~~
Zen6 claimed to have 1050 sq ft but actually only 800++ sq ft, not including yard area.
Now they seal the access way to yard and try to get CCC by end of the year.
Dont put so high hope on The Pier, the buyer will be regret later.. same as QW buyers.
@Goppal
The pier will be very much better as different developer.
AG definitely much better & well done in their job for Quaywest/The Zen/Zen6. Quite impress the facilities floor of The Zen/Zen6 as full of green. I believe this project The Pier going to outclass & upper class product than Queens waterfront.
@Goppal
Can take a look the clover, their 4 pot hole still there for “future development”
@cp
I doubt you understand terms like world class, award winning, upper class product etc.
As I personally think you had keep on misused above terms especially on AG properties.
Suggest broaden you view on other big cities properties just to prove yourself you are right.
Or I might be wrong at the end.
@millionaire
There are few commentators here who frequently joke on AG, you need to understand what they are saying another way around.
The sarcasm is very heavy here.
Why got unit without foryer?
Quaywest lesson still not enough to learn?
After seeing this , might as well thought of even EcoWorld
Creating Fantasy
Building Mystery
Leaving Misery
Ecoworld quality are so bad also. Suspect that the project in penang everywhere also plus and minus+- ,contractor pull here and there , tender project everywhere same contractor, same as in ijm also, feeling upset for the outcome. Only can pick the location if you wish ,dont pick project as there are all almost same.
That’s why this project is by AG to prevent the issues caused by other developers
I pray that we have more developers who think more for the buyers instead of just profit. AG is willing to cut profit or incur loss to ensure standards are held at the top
What is the expected price range of this property?
@esgreat
Starting price as RM580k onwards. The project just launch & very much impress on it so far. You may take Queens residence as benchmark. I believe is a great investment. Probably now buy at RM600k so after completion maybe 1M alike Queens a very good example.
the floor plan show got studio and 1-bedroom unit, but in the building floor plan not showing those?
@ZenZenZen
Wow, RM580K is such a bargain for this project! I’m placing my booking this week! Highly confident after seeing the success of QW and Zen
@LL
Don’t compare QW &Zen as those are seaview product.
The Pier is similar like Queens waterfront residence because both have similarities below.
1. Both are rare seafront instead of seaview.
2. Both with commercial lot with cafe alfresco concept.
3. Both are in prime location.
4. Both also start with low launching price below 700k.
5. Both with low density.
6. Both also with Jogging & Cycling track around.
7. Both also with high potential capital appreciation.
8. Both also with marina
@ZenZenZen
580k is only 1 carpark, if you want to take side by side carpark will cost around RM800k++
apparently this forum there are lot of sales person doing sales talk here. There are 900+ units here from start price of ~$580k and i wonder how it will reach 1M? with economy like this and ppl tighten their belt who would push up the price?
If there is such a big frog, so why dont the developer adjust their starting price to 800k?
This cannot compare with Queens waterfront as location site is much different without shopping mall and commercial shop, Village grocer etc.
This will share the same entrance/ exit road with massive Zen project nearby. Is a good buy for those lower income band group anyway as unit size is pretty small. No indicate numbers of car park.
Just went to their event out of curiousity. The pricing are below:
8xxk – 2 side by side carpark
7xxk – 2 tandem carpark.
6xxk – only 1 carpark
i think the pricing is high for AsiaGreen project. Their project design & quality is well known to be terrible and the facade might change drastically (in a bad way) later compare to the design in brochure. Perhaps 6xxk 2 carpark can buy just for the location and disregard asiagreen quality issue. Although it’s seafront project but i realise there is a lot of 1 carpark units in the pier and also alot more from the zen. It’s highly possible many residents will illegal park at roadside later. Don’t feel like premium million-dollar condo experience just driving to the site.
@TY
If you look at few years back & same scenario happened in Queens waterfront launching at around 700k+- but now most of units already in 1M thereshold minimum. That’s plenty of disagreement too that time about potential success of project.
That’s the similarities between The pier & Waterfront here.
As of commercial, it’s facing seaview with definitely success.
The density actually is very low since separate in 2 towers.
@qwest_owner
I think even 8xxk for 2 side by side carpark is still very worth it given the location and view. I’m very impressed with AsiaGreen on quaywest and zen (OC soon), so I put my trust in the pier too.
I see you are quaywest owner, are you satisfied with your purchase?
@KDB
Even though 2 Cp with 800k+ but still consider a very good buy by considering to location & seafront project.
If 800k+ now & definitely shoot up to 1.1M once completed.
Just look at the past trend of Queens waterfront as both quite a similar product. The Pier will be little bit peaceful environment since allocate little bit inside compare to Queens.
Just my 2cent input.
If I have 8xxk, i won’t buy this project.
I will buy Queens Residences sub sale.
Reasons:
1)Ready, can move in anytime.
2)2 cp side by side.
3)Fully renovated with ID design.
4)Very low density, 500 units only.
5)Freehold with residential title.
6)Better location with mature environment of shopping mall.
7)No affordable housing nearby.
8)Sea front marina very unlikely to have future reclaim in front.
BTW I am not any of sales person doing sales talk here.
@millionaire
The Pier actual price starting from 900k onwards with brand new luxury building. And that’s no more reclaimed land in future. Current price is 600k+ after early bird. It’s obviously a good buy.
Queens 800k+ you wouldn’t get any ID design & infact the current price is dropping due to low demand & hard time in subsale. And that location is little bit noisy with very lousy security management too.
Anyone made a booking last week?
I heard around 5XX units get booked.
@ZenZenZen
For the pier to be similar to queens, the shoplot below need to attract quality tenant. Base on my observation ideal commericial shoplot are manage by themselves. I think the pier commerical and the zen commerical shoplot are selling to individual buyer. Asiagreen never had a success commerical project as a reference. The pier is not exactly seafront, it’s facing Marine Police compound, though if you at high floor you will still get seaview. But the shoplot is unlikely to be seafront like Queens commercial.
No more reclaimed land in future?
@Hemsley
They are just naive, no reclamation is impossible in Penang. But probably their cucu problem not their problem.
with 700 per sqft to own an unblock nice seaview unit, this is the most affortable price and give an opportunity for mid income earner a chance to own seaview condo in QB & the light area.
you can’t get a full Seaview unit in this area below 1 mil.
@Nicee
Based on plan observation, the commercial lot is exactly facing to seafront with alfresco concept & unblock.
And the design of building layout overall in commercial much better than project surrounding.
@Sean IES
Yes, and almost sold out already, just checked with the team and it’s 80% sold. Very good take-up rate and even the team is surprised
@LL
Obviously this is a better purchase option than Queens. Market respond showed everything.
kasi kong kasi song
+1 sendiri cakap sendiri siok
worst quality
Looks like Queens became benchmark especially on those AG forums.
Can’t deny they admire the Queens, but sadly missed the boat.
Booked for 2 tandem carpark for 720K. Thought the price is high for high density building but the location seems strategic for future development.
Nice project. I booked 2 units. 3 rooms & dual key.
1 for own stay & another for investment. High capital return & appreciation.
@Zen
nice, I also booked 1 unit with 1 car park for investment purpose. All of my relatives also booked the same as well. Very confident of this project
I booked 5 units standard and 3 units dual keys
@Minion
Congratulations. 5 units or 500 units also won’t be much different as it’s good to invest. More you invest then more you will gain. Obviously the location is very strategy. Paid less but get as almost similar quality than Q1 Q2. Good buy.
Great project – seafront. I booked 2 units standard and 2 units dual keys. One of the unit has 2 side by side carpark.
The Pier give small window only, balcony is not glass glazing, this is low cost design. Definitely not luxury. Unit with 1 carpark is not luxury, because need to illegal park roadside when you dont have enough parking.
Beware of sales agent talking, their opinion will always be biased and blinded you from the fact. Which is not completely wrong too after all they are here to earn the commission. They are not accountable of the actual end product you get. Most importantly is to do more homework yourself and investigate more projects and developer to widen your horizon before making decision.
Don’t fall into the trap because fear of missing out. You’re still a winner if you don’t invest because your money stays with you. But it’s a different story if you buy only for own stay.
@LLL
That’s no wrong or right project. It’s up to individual.
The Pier is a luxury project seafront comes with alfresco.
SPA is starting from 800k+ with early bird only starting from 600k+ only. You won’t get such a strategy location with this price & I can safely say that it may appreciate to 1M+ even for 1cp unit since price in SPA indicate from 800k+ onwards. And If you look at the viewing location just next of bridge personally for me is much strategy better viewing than Queens.
The Pier unit very much spacious too 1050 sqf. As of carpark some owner uses it for holiday home so 1 carpark is sufficient.
Even Quayside some units also come with only 1 CP. As of density it’s consider low since separate into 2 towers.
wah wah wah so many people buying……sure o not….
@andyyy
80% sold out bro. SPA price 800k above with strategy location.
Early bird only 600k+ with 1050sqf and seafront all sold like a hot cake & all are seaview unit unlike Queens.
Another hotspot soon as commercial all attach with seaview.
I just booked five more units today and only less than 10% of units left at lower floor. Spa price 50% lower than market price. No brainer deal.
@andyyy
So many sales reps and agents from AG congested in this forum.
Some said SPA starts with 800k but early bird get 200k discount.
Some said because it divided into 2 towers, then density also become lower?
Some even said he already booked 6 units so far and might book more.
Anyone believe or agree pls raise your hand.
@LL
How much the unit?
Does anyone know when is the estimated completion?
@millionaire
No need to raise up hand. Just walk into office & ask.
Obviously during 3days of launch already 80% taken.
Those who missout the chance need to fold out more to consider for Q3 about 1M to 2M+ & yet both are same seafront product but smaller than The pier.
@SuSu
Those who already sign SPA should know the completion date
It’s well selling so no problem.
@Hemsley
Is this really worth the investment? Will people buy a 1044 sqft serviced condo for 1M?
@SuSu
You check & see if anyone buy Queens residence waterfront for 1M or 2M. Same concept in The Pier only RM650k to 800k threshold with seafront concept & commercial. Obviously got room to appreciate in price. All units come with partial seaview at least. For me, the location is good & with affordable price for own stay or investment. This is similar as Quaywest commercial title but residential elec/water. What do you think? And currently take up rate during 1st few days actually reach 80% unless any loan rejection unit.
you will not realize the price of the new condo before it complete. so your questions is coming from 4 years later. look at this post after 4 years then you have the answer.
any seller? interested buyer
@CCY
try visit the sales gallery asap. I heard only a few units left, so better be fast
@LL
Don’t become miss boat again like Quaywest or The Zen. It’s really a good project to invest. That’s why plenty of buyer turn down Q3 & go for The Pier. Lower price with same product.
@LL
must be the best hard seller for this projects. respond can’t be so HOT.
i am wondering how this projects can be “seafront” like Queens
@LL
IF u hope to buy & flip for this projects, pls consider the Risk that it’s high dense of near to 1000 unit & another 2000 similar unit in The Zen for the mkt.
but if buy for own stay, then it’s good location with full sea view.
@KC
yes, I actually placed order for 5 units. Very confident on the growth of this area. Seafront is not a good thing because it will be noisy and affect the furniture. Seaview is good enough
me too boooked 5 car parks rental
@LL
How much you bought?
@CCY
I contacted the agent, and it seems that only left lower floor units facing Pulau Jerejak are available. However, the sea view may be blocked by future development projects.
@KC
Yup it’s not exactly “seafront”. In front of it is marine police station and apartment building.
There is a lot misleading info here by property agent to promote FOMO on interested buyer. Any buyer please always do your on homework independently before buying a property.
Any actual buyers here? Want to form a TG or WhatsApp group?
Yes dont FOMO later become HOMO
@Minion
It’s a seafront project similar like Summer place.
But many of units will get at least partial seaview.
It’s a rare project in market with nice seaview.
Really anticipated on the commercial shoplot with seafront viewing.
@Nicee
That’s why property agents always tell you “Sign first to book your unit, you can cancel later”
Many people are lazy or don’t do homework and regret it later.
Otherwise, they try to justify their decision by condemning other projects.
Seen a lot case where S&P signed then only ask this ask that.
@Islander
I little bit regret in purchasing Queens residence due to noisy environment downstairs commercial & poor security management. Very unprofessional.
I did book 1 unit for The Pier & hopefully this is better.
@HC Chan
Yes, personally I agree. The Pier location is less crowded & peaceful neighborhood with seafront. It’s meeting my expectation of luxury condominium.
@HC Chan
It’s up to you bro, some people see convenient as gold.
The majority of city folks in Malaysia grow up in noisy environments where they don’t really care at all.
Having all the commercial and shoplot downstairs = make their property worth in their opinion, there is no right or wrong just different needs.
Hilarious that always seen people here bashing others to justify their decision is the best.
@HC Chan
U know there are shoplot when u sign up S&P, you agreed with it.
It’s your duty and responsibility to evaluate if that is what u want and what it looks like.
Not like the first time in Penang we have had such kind of property.
Don’t make it like something is bad/wrong just because it’s not suitable for you lol.
@HC Chan
Many people like to condemns Queens Residence on poor security management.
But in fact, this is new trend that is happening on all new launched condo especially in KL.
First, they have a waiting lobby where the guest can walk in straight and wait for your host, but you can’t enter the lift lobby, it needs to scan. Also there is a security counter within the lobby.
So it is different from those old security style where u need to register at guardhouse and waiting your host under the hot sun.
You prefer this way?
Maybe you are not updated what is happening on current trend.
@millionaire
Just sharing. No argument actually. This is just sharing from one of my friend who stay in Queens. I understand what you trying to say here. But somehow after you enter to lobby that’s plenty of guest is waiting so if anyone scan then everyone go in anytime. And also Queens security in lobby always missing & it’s already a culture common & even parcel also turn missing in lobby.
It’s a transparent in lobby as everyone can go in out easily even the commercial worker can just push the door to go inside collect their parcel. You should check out.
Recently quite a few homestay silently operate..You know that? You should find out.
It’s good to have latest trend KL this and that but same time that’s big gap for residence. That’s what owner mentioned.
So what your commends solely base on hear said only.
Even you can tail gating others to slip into lift lobby, so what are you going to do next? You can’t even press the lift button without access card.
Even you are owner of Queens, if your unit at 10 floor, you can’t even press any number other than number of 10.
Parcel counter got cctv, you think anyone will dare to act illegally?
Homestay? Never heard or see.
BTW, I am one of Queens’s owner, and I know better than any body on the happening there.
Queens & The Pier, each hv it’s own selling point n mkt segment positioning. IF both projects can be fully taken up b4 completion, then this is good sign for Penang property mkt n investor.
I think you must be owning Zen Affordable unit
Anyone signed the S&P already?
no 2nd half of 2024
@Minion
I’m owning of Q1 & Zen6. But still anticipated for Zen6 as not under airplane track path & definitely more quiet.
The environment definitely much more peaceful In Zen6 as neighbor with D residence.
@Minion
@millionaire
FYI only. Pier almost sold out about 85%.
Q3 still waiting for buyer as just went throught their fair in QB.
Plenty of unit left about 20% take up rate only.
@millionaire
Hahaha….where got people stand under the hot sun waiting for host one? You just drive to the “Visitor Entrance”, then do all the registration with the guard while sitting in the car before you drive in and park your car at the visitor car park, right?
I think what those who are concerned with security at Queens are saying is, for projects with a perimeter fencing, there is only a SINGLE point of entry which is the guardhouse (easier control), while those without perimeter fencing like Queens, will have multiple entry points into the building exposed to non authorised entry (can still control, but harder and riskier).
@Hee Chan
Whether Pier has already sold out 85% or not, has nothing to do with whether that is a good investment or good project to live in. This kind of “herd mentality” has got many many property buyers into trouble over the few boom/bust property cycles. A savvy property buyer must know what he wants, be rational, go thru the numbers, put greed aside, be consciously aware of FOMO human nature, and not buy something just coz everyone else is buying. Hahahaha.
@Hee Chan
Zen 6 is definitely more quite as it’s located just beside Jelutong highway?
@Hee Chan
Booking is not consider sold. Only sold when S&P is signed and stamped.
@Clio
At least the market response is good for The Pier which plenty of desired from buyer.
Queens is hard as not receive good respond from market.
@millionaire
Hahaha…guests dont wait under the hot sun lah…they drive to the “Visitor Entrance”, register themselves with the guard there in the comfort of their own car, then drive and park at the visitor carpark, after which there will be another layer of security access at the lift lobby. The big plus point of a project with perimeter fencing is that there is a single point of entry at the guardhouse, where as for those without, there are multiple entry points (eg. lift lobby, staircase door, car park entries and many more) which could be breached by intruders.
@Woon
@joan
How about those come with grab or they park their car outside the road coz not sure availability of visitor cp.
In this case, they need to call the host to pickup them at guardhouse.
It’s rare cases but that doesn’t mean it’s not exist.
@Hee Chan
I dare they put out banner SOLD 100% like Batu Kawan did
@millionaire
You not see homestay activities it doesn’t mean not exist.
Even parcel missing as commercial parcel allocated in same area with residential. Security management is one of key point for this project. If management not take it seriously then it’s in trouble. Illegal parking in commercial outside also very serious. That’s why Q3 slow.
@Hee Chan
Q3 slow coz its starting price is more expensive, ~rm900+/sqft.
It is on par with Mezzo IJM.
Though The Pier is cheaper, but I would like to quote those Quaywest owners complaining it took 10 years to complete.
@millionaire
When the security of your home is at risk of being compromised, why bother about “rare” case?? Alamak!!!
@Woon
You must be kidding when you said Q1 N Q2 the security is at risk.
Are your comment at the level of professional on home security or just simply shooting?
@millionaire
Sorry to say that Q3 is not comparable near to Mezzo. Mezzo is another level which fully gated & guarded. IJM is doing a really good job. Queens waterfront is far distance away in finishing quality/security management/ illegal parking around compound area. Security management still a huge concern if this is a high-end product. IJM product & security is much better as it will ensure they do their job at very best in first level instead inviting mice to get into the house
@Hee Chan
As of now, I would say it is a high end product but with affordable house security management. So, I’m expecting the project will degrade from high-end to normal condo later if still remain a same way of management.
@Hee Chan
Sorry to let you know by coincidently, I am also one of the purchaser of Mezzo which suppose to collect key on 3rd Q of 2025. If you are interested on Mezzo, may be I can recommend a good sales rep, possible to get some surprise discount.
@millionaire
Regardless of it, please read carefully. I’m owner of Q1&Mezzo.
I’m disappointed with Queens development & same time I bought Mezzo during early bird. I would Mezzo definitely much better in all aspect here. Just to add on here..Q2 security management & control worsen than Q1. Nobody cares & illegal carparks everywhere. Everyone just raise their hand to security guard then automatically can walk in freely. Great high-end product.
@CK
I just get contacted to sign for SNP, so wondering how many real buyers here
@Hee Chan
I thought you said you owned Q1 and Zen 6, and now you say you owned Q1 and Mezzo?
Which is true?
Want Buy Just Buy
Dont Want Buy Dont KPKB
Why comparing apple, orange and rambutan?
Not disputing the more high rise, the more profit you are likely to make. Your selling price is already lower than what surrounding property buyers paid many years ago. The more you build the way you plan and sell, you are just creating a downward spiral of prices as some owners of surrounding will have no choice but to follow your way.
Have you considered what Singapore government does with its land sales? Have you considered cooperating with surrounding land parcel owner about product launch?
We need more shop offices like those at Juru or perhaps a smaller mall such as neighbourhood mall at Mont Kiara. Or perhaps have McD and other F&B operating here? If you are more creative, suggest something better.
@Shereen
That’s why The Pier come into picture here as that’s plenty of shoplot downstairs with alfenso concept. Those commercial activities+ The Zen definitely will boost up the value in future.
The launching price is low & it’s a seafront project with better view than any project surrounding. I bought it at 670k only & if you looking at Queens which selling at 1M without seaview price tag then you should know what to pick already. It will grow 670k to 1M later as similar product here.
@Hee Chan
If you are saying your 670k unit is similar product as the surrounding condo like Queens which already worth 1M. Why would developer sell it at 330k lower than market price? Something is not right, cost must be cut somewhere because developer need to earn money. When cost is cut, what you get is a low cost product.
@Think Twice
I believe you got misunderstanding here.
It’s not The Pier lower price but actually is Queens overpriced & not worth that price.
Pier & Queens have plenty of similar concept & neighbourhood surrounding. Both are similar product & got commercial lot with seafront/view.
The only difference is Queens already overpriced which I don’t think 1M worth as initial starting price also RM700k only.
The pier has similar situation for past 3 years of Queens which starting is low so definitely soon will be 1M too. It’s a similar trend. Those properties with above 1M price tag will have tough time to sell. I believe Queens in same situation.
hi, i’m new to this project. I saw Asia Green got event this coming Friday. Can anyone know any units left for The Pier? This post mentioned it’s service residence. Is it meant commercial title which need to pay commercial rate for electricity and assessment?
@Eric
It’s same like Quaywest. Assessment commercial. PBA & TNB are residence rate. I don’t think much unit left. You may ask sales person & during launching many already booked except those direct seafront unit pending released.
Can’t compare with Queens. Queens has matured mall opposite. The Pier is selling at about RM550k++, it is competing with next door Atta Group Berhad’s service apartment and tropicana and quaywest. Too many units. Many would choose to rent at The Zen.
Shoplots at the Zen or the Pier wouldn’t do well. More for 7-11 and small groceries, small restaurants. Not enough crowds to pull off.
Asia Green and Atta will just pull everybody nearby down the drain if they continue like this!
I believe The Pier will have a similar price trend of Quaywest.
Even Quaywest now already appreciate & increase to 1M+.
Some affordable house from 300k+ appreciate to RM600k too.
It’s a good buy for The pier personally think is good investment as entry level is low & yet may get almost similar product as Queens.
@Shereen
You don’t get my point yet. We couldn’t control in commercial activities as it may come & go.
What I mention is few years back Queens sold at RM700k & this day sell at RM1M above starting.
The same scenario now we have seen in The pier project now selling around RM650k+ so it will have same trend as Queens going to 1M after few years. The shopping mall itself won’t affect price of project as distance away. What I trying to mention here was the concept of condo where you have seafront/commercial lot/almost same location. Pier is almost 80% same as Queens. It will appreciate too but just take little bit of time.
I think it’s a good buy, where on earth you can find property selling 580/sqft in such location (PG Bridge & QB mall) with seaview and good layout?
Come on…even Zen6 starting from 5xxk, now also selling 800k already…
People who thinks it’s a bad economy now, they will stuck in their “bad economy” thoughts forever while other rich guys already earning money…HAHA
@limlim
Obviously bro. That’s why I mention Queens & The pier 80% similar concept & perhaps better location with better view.
I safely said it could be above 1M too same trend as Queens later. Zen6 also will appreciate to 800k 900k later too as good location/seaview/commercial downstairs & better workmanship.
@Hee Chan
In fact The Pier little bit similar position like COD(City of dream). I believe this is one of the best investment in this area as lowest entry price & commercial will burst.
high cashback property. end of story
@Hee Chan
What?? City of Dreams??:))) Don’t you know that is one of the worst investments properties in recent years as the build quality was very poor and rental returns (against purchase price) is actually very very low?? Alamak!! Of all the projects you mentioned COD!!?? It’s THE WORST!!!
@Goldie
I believe you are over reacting.
Let me explain.
When I mention COD is the building structure which almost the same as The Pier seperate into 2 tower & is in long rectangular shape stretch along the seafront.
In term of launching price & future trend I can see is almost 80% like Queens waterfront scenario in 2019 where launch in between 600k to 700k+ only & once completion then price will grow to over 1M since seafront development is quite rare.
The pier slightly better than Queens in better seaview/privacy & landscaping green building.
@Hee Chan
Haha…I am not sure whether you are confused yourself, or just trying to confuse others.
(1) Queens was not launched in 2019, but 2016, and only the worst facing and lowest floor units were sold at 700k, while most units were transacted at 900k above, hence not much (if not none) profits can be made by flippers
(2) Seafront units were already sold by developers at above 1M, and for those who bought, flipping is not easy.
In short, do not buy properties in Penang thinking you can make lots of money by flipping. The reality is, you can’t. Especially if you buy The Pier now, for which most nice units have already been sold, leaving only the undesirable leftovers now. Even if there are some nice units left, which was previously labelled as “SOLD” by developer, they would be selling these units at an increased price, reducing further your chances of making capital gains. So, ladies and gentlemen, do not get sucked into this by listening to unscrupulous agents and middlemen. These lowly scum would say and do anything just to hook you in for money.
Seem like people still dream of immediate profit gain before/after VP. Continue wear the big fat hat into your tiny alien head.
@Goldie
You still don’t know the actual fact. Queens 1650sqf 2nd hand unit already transacted at 2.1M in Queens which is my friend unit. 2016 is soft launch & it was plenty of unsold unit until HOC cut in to clear up all balance unit. 1200sqf only sold by developer with 980k & now already in 1.5M for Furnish unit.
Those who even transacted at 900k above who bought it just merely at 650k to 690k only. If you look at SPA price then you already don’t know the actual story.
Lowest floor is garden unit & price is higher as bigger size.
The pier is giving the low entry point here & the location much better than Queens. That’s fine. Let’s wait & see after VP/CCC. Property price will appreciate towards if that’s any demand in next 2 years. If got demand definitely will grow as seafront property is rare.
Any progress with this project?
@WC Ong
That’s why I said this is a good project to invest which similar as Queens waterfront in 2020. Same concept. It will shoot up to 1M above later.
It looks like very less discussion with this project. Where are the actual buyers? Any owners or buyers group around?
@Loon
Project already sold out. very hot launch
@chookimhock
Wrong info given.
Normal unit majority sold out. Except for those seafront unit pending launching. Don’t so excited. Hold on buddy.
@Ryu
Good job for AG. The workmanship of the Zen series building here is really good. Materials are impressive and durable, showcasing a commitment to quality in every aspect.
@Ryu
I am waiting for it to launch the high-end seafront unit.
Is the unit seafront end unit ready release for sell?
I ready to grab a units for holiday home. Looking forward 1M+ once completed…