RM3.6million. Cheap.

Not expensive, but everyday on your way home also have to drive pass funeral parlour?

First saw the name, i was thought this is DNP Jesselton Villa in Alma and surprised why DNP launch the Villa so fast..

developer just selling the bungalow lot without the building.

You need to built the building 2 years from the date of handover

Chocolate :
First saw the name, i was thought this is DNP Jesselton Villa in Alma and surprised why DNP launch the Villa so fast..

I have the same thinking like yours when I saw the title.

TBC :
developer just selling the bungalow lot without the building.
You need to built the building 2 years from the date of handover

LOL… I miss out that part…

Because normally gated and guarded is for those with houses. The guard house will guard your land if you didn’t build your house. LOL.

Wow, this is very low risk for developer.

Developer should name it Batu Gantung Villa since it at Batu Gantung not Jeselton.

Berjaya bought the land from Penang turf club for RM180psf only in year 2011. Good money for Berjaya huh!

Wah so 3.6 mil not including the house.

so end up probably 4-4.5mil.

can u buy 4 lots and build a condo?

@Condo

Condos sell for RM1000psf only. But for columbariums, the going rates are around RM10k psf. Sommo no need to install kitchen, doors, tiles etc. Sommo the crematorium is only a short stroll away, can “move-in” fresh from the oven.

@Interested buyer

There’s a funeral parlour at the entrance? That’s very low class. It will be very embarrassing when my high-class friends come and visit me. And then traffic jam at the entrance almost everyday at 11am and 2pm during the “parade”, after which you’ll have “silver paper” covering the road leading to the entrance. Too many embarrassments!

If I have 4 mil I wouldn’t get a bungalow here. Moonlight bay is only selling 3mil.
Spend 500k on a Mercedes and spend 500k on furniture

Why should one spluged out millions to look at funerals everyday.

Oh wow, surprised to read so many negative comments about the Jesselton Villas project, Berjaya organised a roadshow in Singapore 2 weeks ago and it got me interested as I am a Penang deep in me even though I am a Singaporean for more than 30yrs already.
I am really interested to own a piece of this prime land as we call in Singapore ( 9,10,and 11 Prime location and Good Class Bungalow ) where a bungalow lot with house transact at min SGD10M up to $60M.
OK the Sentosa Cove is not prime District and only 99 year lease ( this doesnt matter as the NPV for 99 ,999 and F/H is zero to me as a investor or landowner ) .
As to the project is near the vicinity of a grave yard , it really doesnt matter since 3 prime Good Class Bungalow are located at Bukit Brown Cemetary, Whittley Road , and Mt Pleasant here in Singapore…. It really depends how progressive or how superstitious the person is. Some of the prime location in London like Harley St, Grovesnor etc were all bombed out during WWII and many died and still these sites were being rebuilt and being snapped like hot cakes…
Oh in any case when I was back in Penang to view this site last week, I caught up with my very old classmate who told me that 1 Persiaran Gurney was built on a former Shanghai Hotel ( that was used as a torture chamber by the Kempeitai during the Japanese Occupation. I owned 1 unit there and I dont experience or hear anything spooky! Its is matter of perception… Many Spore Housing Estates were built of former graveyards…. The MRT stations were built underneath some cemetaries so I havent heard of paranormal activities !
I take your comments under advisement and I might just make the plunge to commit into it. I take a RM loan and from a forex perspective, I dont face any forex risk such that the RM will go at par with Singapore $ at anytime soon …. I think the Msian ringgit would weaken further against the S$ or the S$ very very like to strength further….Really at the end of the day, as an investor I will not have emotional attachment to any properties that I invest in afterall it is business…. This is my take. My investment horizon for such properties is 8-10 yrs….

@Haute maison
You are missing the point. The issues others have raised are not about living on top of former graveyards or next to graveyards and a crematorium.It is about the daily funeral processions along the road leading into that estate.

I have surveyed around the area, new bungalow selling at RM6.9 million, RM6.2 million, further from there, near to YMCA / Island hospital RM5.9mil. I think below RM4 million for land with good security is worth a thought. Dropped in their sales office last week, is inside the golf club, I was informed alternative private access road will be available through the race track and no need to enter Batu Gantung. Not sure if worth to invest a lot. … thnking…

@Interested buyer
Not that easy to make so much. All developers dream of good profit but not that easy. A few points to highlight here; generally, by rule of thumb for bungalow development, only about 50% of land purchased can be subdivided and put up for sale. So the cost to this developer for sellable area becomes RM340 per sq ft. Surely they have to provide infra; such as earthwork, water, sewer, electrical, drainage, ponds, landscaping. Furthermore developer must comply with requirements specified by state gov and council, which could be a lot and huge. Frankly, not easy to be developer in Penang. Not easy money my friend.