Another tambun indah project…

oh no, this project at the corner/junction of Jln Raja Uda & Jln Kampung Paya, busy junction with traffic light, entrance is at narrow road of Jln Kg Paya, too congested.

how much?

busy road…but if price not too expensive should be acceptable since in raja uda area…

@ks-rev
juz call and ask they said dunno yet…juz can register…but if in raja uda area mia house will not so cheap kut…

this isit in front kuan yin temple???behind tan badminton court thr??

Tambun Indah Design Pattern All Same one?
Architect Just Know Cut n Paste ah?
Come on, Just look like another Capri Park.
Put some effort on external look, Butterworth need something extra.

What is the range of selling price?

What is the price range? 200K? 250K? 300K???

@Chocolate
no more RM200k condo available nowadays, base on current market price of RM300-350psf, the 1108sf unit will be around RM330-RM380k.

How much can this area fetch from rental? Any condo nearby for comparison?

Penang property market to contract

GEORGE TOWN: Penang’s property market is expected to contract further by double digits this year, similar to the trend in 2012, according to Raine & Horne Malaysia (Penang)

He said that both the value and volume of transactions would contract this year due to stringent bank loan conditions.

In 2012, according to the National Property Information Centre (Napic) report, total transactions of residential properties in Penang fell by 23% to 23,266 from 30,674 in 2011, while the total value of transactions was down 7.5% to RM7bil from RM7.7bil in 2011.

A report from the valuation and property services department (Penang) said the volume of residential property transactions for the first quarter this year declined by 15.7% to 4,200 units from 4,981 units a year earlier.

“Last year was the first time that there were contractions in both value and volume transactions. This hasn’t happened in the past four years,” Geh said.

Henry Butcher Malaysia (Penang) also said the tighter credit conditions would continue to slow residential property transactions in the second half of 2013.

“There is still interest to purchase properties. However, due to the high and unreasonable pricing, property investors are waiting for prices to re-adjust before buying,” he said.

According to the Napic report, there was an existing stock of 367,158 units of residential properties in Penang in the second quarter of 2013, compared with 366,265 units the previous quarter.

Of the 367,158 units, some 40,843 were condominium and apartment units, the report said.

The report said that till the second quarter of 2013, there was an incoming supply of 48,076 units, while there were 45,153 units under construction.

The planned new supply in the second quarter was 46,610 units, the report added.

Geh said the existing stock of residential properties that had been built had increased, compared with a year ago, which meant that the market was spoiled for choices.

“If the incoming supply of properties that have been approved materialised at the same time, there be may be a correction in housing prices.

“Affordability is the key word here. There are many people who are keen to buy properties, but the pricing today falls out of their income range.

All same same not much different on design. At Tambun they build a lot landed house almost same design on many phases. Look like tambun indah lacking of direction on design.

Last time this project was described in a Star Newspaper report..

about RM260 / sqft kalau tak silap… min also RM300k++++++ for smallest unit.

As usual Tambun Indah got those Pay RM1k booking only then the rest of the deposit is discount something something offer package… like their Capri, Dahlia and Tanjung Heights project…

i bet the starting price is from 350k…

i believe more than 75% good unit sold during launching date…same strategy will be used….heheh

1100sf, a rather small condo in mainland, so, it can pull down the starting price to may be RM380k; I strongly believe the price for the smallest unit at the lowest floor sell at RM380k.

@Ken
While this report is coming out, the transacted price is a another new height as of now! Go to check with some property agents, they said transaction is fewer, but price still going up, supply in secondary market also drop.

@Ah Dog
yes … that’s exactly what the “experts” say just before the property crash in US in 2008,
it will only happen when people are complacent & blinded by greed just like you .. pathetic Ah Dog ..

Ah Dog,

don’t be too optimistic….go and walk around.
condo/apartment in mainland especially raja uda area are over supply.
You don’t believe, go and check out De Centro, Raja Uda. I saw so many signage at the apartment. On one glance, there is 7 or 8 unit for sale.

WHo want to buy??? The Tambun Indah developer going to sell COCONUT soon. At one go, they build so many apartment project surrounding Raja Uda. This haven’t calculate other developer project. The reason is Tambun is listed company, they wanna push the share price up up. So must do more project. Otherwise, you think Tambun share price can go up from 0.50 to RM1++ meh..

Real stupid and arrogant developer plus those greedy property speculators.
YOU guys in mainland pray la, Penang state government do the tunnel, then maybe the Rescue is here. Otherwise BYEBYE soon.

380k for 1100sf ? any1 interest cassia condo? see detail below more cheap and more worth
Price: RM 335 000 Type: Apartments, For sale Area: Raja Uda
Title type: Freehold Other info: Non Bumi Lot Size: 1140 sq.ft.
Size: 1140 sq.ft. Bedrooms: 4 Bathroom: 2
Property Type:Condo / Services residence / Penthouse / Townhouse
Facilities: Swimming pool, Covered parking, Playground, 24 hour security, Balcony/Patio
full reno
full furnish
move in condition
high floor with seaview
price nego
any1 interest pls email to leebc84@hotmail.com

@Ken
Only those who missed the opportunity in generating some cash will say greedy! If can earn money, you don’t want?

@condomana
Yeah, agree, human are greedy (that’s why your analogy not for dogs); buffet also got expensive and budget one; if you go for budget one, not much choice, and you will stop eating as not much dishes to eat, as you don’t have money! If you have money and go for luxury buffet, then you will eat as much as you can!

Almost 3 years I have been hearing people said expensive and overprice and bubble on every new launches, including this one, and, people still buying, after this new launch, Tambun Indah will launch another new one, and goes on…..I am not too optimistic, just telling the fact of the current market, it is still vibrant and the supply is not enough. Please read the article ‘Moves to cap property prices could backfire’

When I walk to property fair now, I don’t even dare to walk into their booth, as I don’t have money to buy, actually I have no further question when they told me ‘starting price is RM1mil’, I will smile and walk away quickly; just watching those potential buyers sitting there and talk to sale person, can see they are rich man, and certainly, they never feel they are full as they affordable to eat more or keep those food

@Ah Dog

@Economic Crisis
Tambun Indah’s worst project: Strait Garden also able to sell 95%, for this project only 148 units, no problem will sell out within 6 mths after launched. People still like to buy property even economic downturn, so i believe price of property won’t drop except over million house.

hope they not mention or make a note in their promotion say this project is similar with Pearl View Condominium (Tanjung Bunga) or Gurney Paragon Condo or other great projects like they use on some of their previous projects.

@condomana
haiz….dogs are even hor mia than human ar, human only live in sangka burung with merely 500sf, even 1000sf actually very small for a family. eventually we end up like Beijing, hong kong, 400sf apartment fit one family.

See the trend, 1000sf condo now present in Raja Uda liao, meaning size become small, price going up liao. 5 years back when buy condo on mainland, ppl say you siao, now, it is normal.

Those already have property on hand, will never make any ‘negative’ statement up there, and will still look optimistic (as some of them even already make money); those still not yet own any property, will keep on dumping negative comment, like @condomana

It is definitely a good buy, you can see the location, the surrounding is currently aggressively develop by Wholey, plenty of new shop lots completed, and Avenue Mall is coming, all within walking distance from this condos. Tambun’s Condo quality actually quite good.

@Ah Dog
ya, strategic location, but for those prefer more quiet & peace living environment, this is not suitable because staying beside busy road of Jln Raja Uda, prepare to accept noise of vehicles & poor air quality.

Paranormal :
See the trend, 1000sf condo now present in Raja Uda liao, meaning size become small, price going up liao. 5 years back when buy condo on mainland, ppl say you siao, now, it is normal.

I am one of the dumb people who bought a condo in mainland more than 5 years ago. This year I sold i and made only RM160k. Haiiizzzz…..

Ah Dog :
It is definitely a good buy, you can see the location, the surrounding is currently aggressively develop by Wholey, plenty of new shop lots completed, and Avenue Mall is coming, all within walking distance from this condos. Tambun’s Condo quality actually quite good.

I agree with you on the location. For me this corner at the junction of Raja Uda and Jln Kampung Paya is very strategic. There are no traffic jam la… as compared to the area from Kwang Hwa Primary up till Apollo Market. People who said it’s jam there are those who sit in their cars and drive past within 1 minute then make ridiculous uninformed conclusions.

What I don’t agree with you is Tambun Indah’s condo quality. LOL…. based on previous purchases… .errrrmmmmmmmm….

Thumbs up for Unker Ho!
Unker Ho, will you consider buying this condo then?

i dont like this location.

And it might be noisy becos located near road and port.

@Mr tan

Where in the area of MakMandin/RajaUda is not noisy? It’s noisy and dusty everywhere! You can’t even hear the TV or talk over the phone when the jets fly over the roof!…:)

But noise aside, I think if you have to stay on mainland, this is probably one of the safest place to be at the moment as the indian gangs dare not cross over to this area with all the big chinese gangsters staying and making a living around here….:)

condomana :But noise aside, I think if you have to stay on mainland, this is probably one of the safest place to be at the moment as the indian gangs dare not cross over to this area with all the big chinese gangsters staying and making a living around here….:)

Even i dont like ur comment but i agree with ur comment. Safety is one of the important things to consider

Uncle Ho, in mainland, those condos built by Tambun Indah already consider best liao lor, if not OK, then I really don’t know which developer build condos quality is good; probably you can give us some comments!

What a Penangites we are? Haha, Raja Uda in fact is just a small road la, can’t compare at all to KL like KLCC area, Embassy Rows and Jalan Ampang; those luxury condos just built beside the busy and wide road and multi million dollars in price for each unit. Like Binjai on the Park condos penthouse at KLCC transacted in M’sia’s recorded high price with RM38million, is surrounded with busy roads. Raja Uda, small potato la, please…..Penang is becoming International City, no Kampung Penang anymore.

Hi All. U all keep on complaint butterworth for many negative impact…….
Better buy PENANG if u all got enough $ to buy near bayan lepas, relau, sungai ara.
Than areas all also very crowded & jam………..
I dont think we have a perfect place to buy a dream house or condo.
All also got positive & negative points.
Please listed out what is your perfect place to buy house for those always give bird talk ?
Currently share market drop a lot or all $ from foreigner start to draw a out from Malaysia. Properties still a good place to secure our $ rather than u park in KLSE……..

Ah Dog :
Uncle Ho, in mainland, those condos built by Tambun Indah already consider best liao lor, if not OK, then I really don’t know which developer build condos quality is good; probably you can give us some comments!

Actually leh… even SP Setia rumah also got quality issues… hard to buy perfect home nowadays

HUAT :
Unker, what is DBR?

Ah Huat, Debt to Burden Ratio

@appollo31
Yeah, I would still think the property is the top and safer investment tool at all time in Malaysia.

Any show unit for viewing? Worth to take a look, thinking to buy at there, location is superb.

I would buy there, might regret if i buy.
Firstly the price is too high compare to othe condo.
Secondly sure got noise problem. Anyway up to you.

I have decided to buy the other condo for own stay
(not investor)

@Mr tan
Which condo you plan to buy? at Raja Uda area? The completed Tanjung Park? De-Centro? If you have budget, can consider landed property, like the gated and guarded Delink2 that newly completed now selling at RM550k only, with 3 storey and over 2100sf in total space. Frankly, better than living in condo with just 1300sf and about RM400k already.

im ineterstde ..
can i get more info about this pls..
thanks

Ah Dog :Uncle Ho, in mainland, those condos built by Tambun Indah already consider best liao lor, if not OK, then I really don’t know which developer build condos quality is good; probably you can give us some comments!

Airmas condo is better

Law :

Ah Dog :Uncle Ho, in mainland, those condos built by Tambun Indah already consider best liao lor, if not OK, then I really don’t know which developer build condos quality is good; probably you can give us some comments!

Airmas condo is better

Both got good and bad… Airmas one …. the architect got very strange plannings..

@geetha
according to sales person info, the condo price is range from RM290-RM320psf, ie for 1018sf unit, selling price is RM346k & for (with 2 car park), facing pool & garden view with RM20k rebate, while facing Pangsapuri Seri Chempa & badminton court is RM25k rebate.

Tomorrow is due date for me to put booking fee to secure an unit; mine come with only 1 car park, still considering whether want to buy extra car park for RM25k. Like it very much as the RM20k can be deducted from down payment.

Think about them:
Tanjung Height Condo – RM450k for 1313sf; 2cp
Pinang Laguna – RM350k for 1010sf; 2cp
Delink2 3 storey gated & guarded – RM560k for 2160sf; 2cp [Landed]
De Centro – RM450k for 1375sf; 2cp
Mandarin Quarter 3 storey gated & guarded – RM600k for 2700sf; 2cp [Landed]
This Cammelia – RM350k for 1108sf; 2cp [need to wait 3 years]
Smart buyers, what do you think? Buy sub-sale, or this one??

@Xiao A
Buy car park or u will regret.

Btw, if for me, I will buy Telaga Emas Apartment at RM330k for 1330sf with 2cp.

I will buy tambun Camellia park due to the strategic location. I love the development in raja uda area. So damn convenience. I can get nice food in walking distance….when im so SOI ….i can walk to opposite (Guan Im Temple) to pray Guan Im Ma.
If i fail in exam, i can just drive just 10 minutes to “Library” to study.
If my gf would like to cook, walking distance can arrive Billion.
Hair saloon…hawker food….hamik Lxx also can find there….in future got children, want to study …..school also nearby nia….walau ….
If i wish to go to Pg Island…..Toll ma si near near only….. 6 units per floor consider low density d la……..
Everyone has own preference like you choose girl friend…u like telaga coz its cheaper…but we consider all other factors…..u recommend laguna coz its almost same price with Camellia….harlo…u cakap Camellia need to wait for 3 years…..tapi…….u ada beritau dia orang…camellia need to pay how much down payment???? Pinang Laguna is sub sale….u need to ready How much to buy it at RM350k ???? at least ma RM40K cash!!!!! apa maciam Dia punya maintenance fee???u think semua orang got 40K meh?
..this price is consider reasonable where u cant find new project in RM400 k anymore in pg island!!!! apa 2 car parks? 1080 sq ft in RM400k …..mimpi la…..
Semua gadis pun nice….cuma yang mana satu lu lagi suka…….

Okla :
I will buy tambun Camellia park due to the strategic location. I love the development in raja uda area. So damn convenience. I can get nice food in walking distance….when im so SOI ….i can walk to opposite (Guan Im Temple) to pray Guan Im Ma.
If i fail in exam, i can just drive 10 minutes to “Library” to study.
If my gf would like to cook, walking distance can arrive Billion.
Hair saloon…hawker food….hamik Lxx also can find there….in future got children, want to study …..school also nearby nia….walau ….
If i wish to go to Pg Island…..Toll ma si near near only….. 12 units per floor consider low density d la……..
Everyone has own preference like you choose girl friend…u like telaga coz its cheaper…but we consider all other factors…..u recommend laguna coz its almost same price with Camellia….harlo…u cakap Camellia need to wait for 3 years…..tapi…….u ada beritau dia orang…camellia need to pay how much down payment???? Pinang Laguna is sub sale….u need to ready How much to buy it at RM350k ???? at least ma RM40K cash!!!!! apa maciam Dia punya maintenance fee???u think semua orang got 40K meh?
..this price is consider reasonable where u cant find new project in RM400 k anymore in pg island!!!! apa 2 car parks? 1080 sq ft in RM400k …..mimpi la…..
Semua gadis pun nice….cuma yang mana satu lu lagi suka…….

@Ah Dog
if anyone can accept the prayer sound from the mosque beside the Telaga Emas Apt, it’s ok to buy there. My uncle said early morning prayer sound at 5:45am makes him awake everyday since moving there.

@Xiao A
2nd car park is compulsory to buy by developer. For units facing pool & garden, car park is sold at RM18k front & back; for units facing Sri Chempa Apt & Tan Kongsi Building (badminton court), car park sold at RM25k is side by side. Therefore, for 1108sf unit with garden/pool view, the selling price is RM308k (after RM20k rebate) + 2nd car park RM18k= RM326k.

@Okla
have u booked the unit already?

this project is freehold or leasehold?

freehold

Nice info.

Not bad with all good points except sound.

How much for unit facing sea? when launch and where showroom

@Doggy
the sales person told me only top floor (at least 10th floor & above) 2 units is able to view sea, other 4 units being blocked by sri chempa apartment. Showroom is at Wisma Pantai i,e, sales office, the project is being 50% sold although not launching yet, weird??

Doggy, i stay in Penang near Masjid….itu la ba face to my room ……im here for 10 years d …now almost no rasa……n near to airport too…..i guess sound pollution in this place will not bring great negative impact….
Li Peng….not weird at all if you ever bought property in Penang….Did you ever go to GSD sales launch? you even have to queue for one day. I help my friend to buy a queue at RM2000.
Ideal had launched a new project two three months ago…sold old upon launching……its not a surprise at all…for first time buyer who wish to buy for own stay ….you may choose facing to sri chempa apartment. Ignore this issue and you will get your first house at down payment of just 5k or 10k depends on the promotion. When the economy slightly recover…you won’t find this promotion anymore…..

50% sold out? Must be kidding!

Recently an investment guru came from Taiwan, and gave speech in M’sia; a question directed to him, ‘what and where can I invest in the second half of 2013?’ The answer was, don’t invest at all, keep all your cash under your pillow as the game of money was over. Share price fall, gold price fall, and property price can fall also. Buy low sell high; but no matter what property you’re buying now, you’re definitely buy high. Unless, you buy for own living, and can wait 3 to 4 years.

Dont buy hehehh if u trust all those bullshit..talk to me again the same thing next 3 years. See whether u regret to see such price tag in Pg.

QE is ending soon….

gold price hit $1900/ounce in last 3 years; and felt till $1200/ounce this year; even gold price can drop, what do you think the extremely high price for property?

@Chocolate
as Ringgit depreciate, raw materials to build the house increase, i still believe housing price will not drop except over RM1m property (because they overpriced). Camellia is considered resoanable price, about RM310-RM320psf with 2 car park, worth to buy for own stay or investment, let’s see, after completion in 2017, property in Butterworth will hit RM400-RM450psf.

yaya…dont buy ….chocalate….in 2009 those people also comment in that way…..
so, 2013 they still saying same thing….and they will comment the same thing in 2017….
i bought the last cheapest n nice property at 200k…850 sq ft.. the price of this apartment is RM400k now…..and with a great demand! oh ya….i had just sold n earn sikit only la…. what to do? i need more money for living and now homeless……
Land price will decrease? if land price will decrease then housing price will drop to 200k again at 850 sq ft….

@Okla
sound of vehicle not too obvious because i notice the project not beside busy road of Raja Uda, it further deep inside or just behind Sri Chempa Apt, some buyers may buy unit facing Sri Chempa to avoid busy sound of the road & got extra rebate (RM25k compare RM20k rebate facing Raja Uda/pool/garden).

@Li Peng
some units being booked by business assocciates with developer & reserved for house owners who stay on this project land, that’s why u see 50% units marking booked. It is what the staff told me, truth or not, who knows?

@Okla
u make an impressive investment return of RM200k, suppose able to upgrade better & bigger house, why homeless? Everybody has different point of view of this project, whether u hate it or love it, soon this project will sell out soon because of strategic location.

@Mok
Every project of Tambun Indah also see this sign, maybe it is their sales tactic. Anyway, will go to check it out the unit that i want today.

Okla :yaya…dont buy ….chocalate….in 2009 those people also comment in that way…..so, 2013 they still saying same thing….and they will comment the same thing in 2017….i bought the last cheapest n nice property at 200k…850 sq ft.. the price of this apartment is RM400k now…..and with a great demand! oh ya….i had just sold n earn sikit only la…. what to do? i need more money for living and now homeless……Land price will decrease? if land price will decrease then housing price will drop to 200k again at 850 sq ft….

why u want to sell your 200k -> 400k home since u so believe the property price will never drop? summore now u homeless…

2 1/2 years ago I bought a unit at Dahlia Park, just across the street, 1689 ft^2, 2 car parks, very high floor, for about 325k. Right now it costs about the same for a unit which has 35% less space. Housing price is way out of control.

Economic Crisis :
Recently an investment guru came from Taiwan, and gave speech in M’sia; a question directed to him, ‘what and where can I invest in the second half of 2013?’ The answer was, don’t invest at all, keep all your cash under your pillow as the game of money was over. Share price fall, gold price fall, and property price can fall also. Buy low sell high; but no matter what property you’re buying now, you’re definitely buy high. Unless, you buy for own living, and can wait 3 to 4 years.

I like this Taiwan Guru. Tok Kok real good.

400k at mainland apartment 850sq ft.
Senile…

see many irresponsible comments here, cant help but want to comment a bit…haha
guess is time for us to face the fact that property market now is “look hot outside but inside very very cold”….how many times we want to blind folded our eyes into believing that those 50%, 60%, 70% or even 100% sold out is accurate (take note sold out units can be bumi lots as well included)? this tactic has been used for so long now even singapore practiced the same method…slowly these so called sold out units will be opened for sales at higher prices again and those buying earlier will feel happy on the paper values but somehow will come to understand that there are no buyers around willing to buy…so they will happily say nevermind lets wait longer and see how the market goes…with so many new launches, price per sqft higher again and they feel happy again till the market recorrect itself…that’s the time those properties with not so good location will perform worst…

Property market pricing re-adjustment will take place latest by end of next year.
– sub sales property drop
– too many new project launch with rebate offered
– no shortage of house in pg other than LMC ir affordable house
– no sudden increase in pg population
– commersial lot oversupply
Too many both residential and shop lot units not occupied, economic worst, foreign fund, invesrtmentor start to dump our market more money will left from our country, ringgit became weak, bank loan difficult to aporoved, according recent worshop discussion, budget 2014 will increase rpgt tax, very soon interest will goes up.

Hahaha, can’t help it. Some people like to fantasies and fancy. Dreaming and saying something that is not true. Probably Anal region of Developers.
Soon the developer will sell Telur. Don’t believe… Wait and see.
50% sold off… Hahaha. They probably being bought by the developer greedy associates.

Secondary market for property is so slow. And the developer keep on building apartment at every corner of Raja Uda. so many empty units. I rest my case here.
Tell you what, you buy you will regret. Keep your money and wait. Opportunity and better option will present for those who waits….

You judge yourself.

Yeap, now the speculator and member of the investor club plus investor guru and sifu are very satisfied with current property market situation, while our fed goverment and state became handicapped cant do anything, so those low income suffer, some ppl in this forum call this group of low income ppl as stupid, uneducated.

@HUAT
Yes, I also like the Taiwan guru, go read Sin Chew under finance article. Millions of people like his talk and class in the world, I am not sure u’re really good tok kok here? or he really good.

jo :
some ppl in this forum call this group of low income ppl as stupid, uneducated.

You are not finish.. This “some people” also mentioned that the stupid, uneducated people are not working hard enough to earn money as well. Instead, they prefer to rent and whine.
I remembered reading those comments before got deleted.
I could remember it because it rhymes “rent and whine”.. Hehe.

@Okla
OK la, people said land and construction material increase, house price will increase! The material price and land price always increase one meh?? If economic crisis, land and material can drop in price, like Gold, also can drop in price! You won’t know, when the wood, cement, steel also can drop drastically in price when economic crisis.

@Economic Crisis
Im no guru.. Im still learning..but feel weird taiwanese tok kok about malaysia Property.

@Economic Crisis
gold price once drop to RM125/g few weeks ago, as today, up to RM152/g. Property is not like gold or share market, today up & next day drop, i never see property price drop for past 15 yrs, if u have any example, pls share wtih us which property/project in mainland (anywhere) drop in price from 1998 economic crisis till now, thanks.

@Li Peng
for gold prices, QE stopped and US economy getting better the greenback which is dollar will appreciate more which means gold prices should drop again…US are getting energy dependent which the government there encourage oil firms to explore and produce more oils…when oil supply increase again this will contribute to gold prices to drop again…there will be no more wars now in the middle east at least for 5 to 10 years as US are trying to fix their economy which is more of a priority….US have many unexplored oil blocs and with the government encouragement, energy industry can boost jobs opportunities as well this includes clean energy….so i do not find any reasons for gold prices to shoot up again…

@Li Peng
last time 1998 crisis, queensbay no people want and the constructions stopped as well…you still remember? mainland condos are not good for investment, with so many low and medium cost apartments offered in mainland it makes no sense to buy condo with such an expensive prices….if you plan to rent out, people will rent low and medium costs as well…thats my own opinions anyway…

@YES
PJD’s project Harbour Place generate very good investment return, my relative bought Ocean View condo few years ago & sold the unit early this year with profit of RM100k. My friend also sold the Cassia condo at Raja Uda with profit of RM70k. Value of appreciation depend on location. However, subsales will slow down or drop during economic downturn, now i can feel it. For Camellia, i plan to buy for own stay, however not decide yet.

@Li Peng
condo//apt resale value not only depend on location, it also depend on high & low density & quality of management. For eg Pangsapuri Widuri & Pangsapuri Ria at Jalan Benggali, depreciate value because of poor management & poor maintainance of building.

Buying property for own stay is priceless, depend on personal financial ability, if u really like the location of Camellia, just go ahead to buy it.

Li Peng, i share same opinion with you. There are track records….But if you don’t buy a house when so called economy downturn, would you like to wait for the economy to recover? And you try to imagine the price again.
Gold price was very well explained by @YES.Gold price has the reason to not shooting up again (but let’s see how) ..but if we can live in the sky one day, i guess land price will drop in Malaysia…
“@Economy Crisis”….DOnt wait for economy crisis….don’t wait for the price of wood,cements and etc to drop…..there are always bulky of affordable buyers anywhere no matter how bad is the economy……Maybe You didn’t see friend from Indonesia buying 10 units of house cost RM700k each…..and you didnt see some local bosses keep calling my friend to buy houses in these few years no matter how’s the economy….
Learn from Faizul Ridzuan, Learn from Swee Heng Tee who are from Malaysia instead of Taiwan…..
again …i choose Camellia Park Condo because of the strategic location and the price im still affordable at the age of 30….i wish i can live in this place in future…….

If buy for own living or set up new family, and location is convenient for work and social, then just go ahead, as you need it. Don’t care of price drop or increase, you still need the house for living. But, if buy for some investment consideration, then sorry, go to Penang Island. Price appreciate faster, and rental is higher.

Some arguments may come, Penang Island rental good? Of course! But don’t expect to collect high rental for an unit with poor furnishing & reno, poor environment & maintenance. Think about it before buy (if want to rent out), what is the selling point of your house? Who is your potential tenant? Penang rental market is good, but unfortunately spoiled by those owners that release poor units to the leasing market that can’t ask for high rental. In mainland, sorry, the leasing market is far smaller than Island.

@Okla
QE stops, hot money will moving out, those foreign investors will moving out and where got Indonesian Kia buy? All selling and oversupply in the market and guess what? Price drop la. Property price can drop in USA, same thing can even easily happen in Malaysia too. Anyway, when drop, will increase in future, but may be need to hold for another 10 to 20 years to see the price up again and even higher.

Can anyone explains what’s the correlation between QE and Malaysia property price?

@HUAT
Yes, Malaysia property has never drop drastically in history, and currently still stay vibrant with the record high in price, like this Camellia Condos. How Taiwanese can comments Malaysia property? In their eye, Malaysia property is always lower in price in Asia.

@Okla
dont confuse the situation here…price correction means the price will decrease itself to a more reasonable level…380k or 400k for a 1100sq ft condo in mainland, do you think it is justified or it is way too much? if based on your theory, the statistic for penang house prices will be like a / all the way up…with gloomy economy, at least more choices will be available especially those sub sales that owners could not afford anymore…you can buy from them as well…local bosses keep calling your friend to buy because those local bosses are bulk buyers or investors…it’s the same like share market as well, when those big players ask those small fishes buy, they are starting to sell for profits already….you can say oversea experts might not understand well our country’s economy fundamental and so on but some of the theory can apply to us…

@YES…
Like or don’t like …justified or too much…..let’s go Tambun Indah to have a look upon launching….reasonable or not reasonable ….there are buyers…some buying for investment….. there are buyers buying for own family……and demands for this condo is high…we know it…
first time buyer who can’t find RM35k down payment in a few years time could have selection of units with cash rebate of RM25k……of course with the condition facing to the apartment nearby.
why sold out at 50% before launching is not possible? 50% only 70 units. every developers must reserve some good units….
my boss is associate….had bought a unit upon preview ….i would suggest you to pay a visit to tambun indah to gather more info and your comment would be more accurate or convincing.

Not right that developer reserve good units and sell those not-so-good units.

Anyone working inside tambun indah? i want a good unit.

@Doggy
good or not good unit is very subjective, depend on personal requirement. I visited sales office yesterday, in my opinion, the units already booked not all consider as good ‘feng shui’, at least the smallest or biggest units either facing pool or apt / high or low floor still available for buyers to choose. Selling fast (almost sold out) is 1119sf with pool view, not much different from 1108sf.

@Mok
Ok thx for the advice and info.

I have decided not to buy this condos, as the price is too high, I will use RM380k to buy one condo in Penang Island; aim to buy Lakeside Tower with 1100sf too, and super nice environment.

Seeing many Island Penang guys flowing back to island due to not use to live in mainland; they bought a house on mainland, renovated and moved in, stayed for 1 to 2 years, then find another house on island, and move back, sold the house on mainland, especially those have kids, can’t adapt to the life on mainland due to many inconveniences.

Not to insult anyone, and no need to talk about those conveniences and facility, I can personally feel the different when driving on island and on mainland; mainland is a bit chaos, big trucks everywhere, holes on road, improper signage; hope there is an equal treat from administration on both island and mainland.

From Island to Mainland, i can only see 3 reasons: to avoid traffic jam, cheaper landed property and greener environment. Otherwise why mainland?

@Xiao A

rm380k buy a condo on Penang Island??

You are talking about subsale second-hand 700sf apartment right?

Ah Dog :
Not to insult anyone, and no need to talk about those conveniences and facility, I can personally feel the different when driving on island and on mainland; mainland is a bit chaos, big trucks everywhere, holes on road, improper signage; hope there is an equal treat from administration on both island and mainland.

Dont know why, Island just too pressure for me. I feel good when i crossover the bridge..I am still kampung boy may be..

Do you all notice that many people still having this kind of mindset as of today (no offence)
1. should buy landed property on mainland, why buy condo? not worth..why not worth? because at mainland can get landed property at a cheaper price compare to those landed property on the island so why pay more and so on…
2. condo price at mainland nowadays very expensive and not worth, rm300k to 400k? what?? these people think that condo at mainland should only sell at 100k to 150k then only to them consider Not expensive
3. these people always have a kind of thought that mainland is somehow ‘lower class’ than island

so usually those who made the above comments are people who are rich or who like to / in support of investment, what they see only
invest and money, invest and money, invest and money..what return that they would get and etc
they never thought of there arel people who in need of a house, just a home for them and their family, they don’t have the same thinking to buy house for investment, they want to buy house for a living…and those properties price on the island already reaching sky high which is out of the affordability range so people started to switch their aim to mainland..secondly, not everyone like to stay in landed houses, some people prefer to stay in apartment/condo so that’s why you see nowadays getting more and more new condo lanching on the mainland, simply because there is demand.

So don’t talk bad, giving biased and bad comments or even scold people who are purchasing condo on mainland, everyone has their own preferences / likings and there is a reason for doing that, show some respect!

@R
He/she is talking about Lakeside tower, leasedhold at Bukit Jambul..it is not 700sq ft. The unit can be bargain at sub 400k ….

@R
Yes, RM380k can buy 700sf condo like U-Garden, Symphony Park, N-Park (RM350k), Idaman Iris (850sf), but mostly they all come with 1 car park. So, I prefer 1075sf Lakeside Tower, now with RM398k net (post nego), nice view middle floor, but an empty unit, need some renovation, with 2 car parks.

@Okla
i usually wont go to office for details on projects that i am not interested…but thanks for suggesting…

@Ah Dog
i m the one who stay in island for almost 8 yrs & will move to mainland early 2014, tired about terrible traffic jam in Greenlane & Tanjong Tokong area. Since my office move to mainland 3 yrs ago, i myself suffer horrible traffic jam on Penang Bridge during peak hour. So many projects launching past few years & now, but the road remain the same. I can imagine what will happen for next 2-3 yrs, vehicles in island will move like snail.

U may underestimate the quality life in mainland, look at the project of Tropicale Residence, Hillpark, Taman Gemilang Permai etc, all those gated & guarded landed residence area equip with beautiful garden landscape, club house, swimming pool, children playground which much more cheaper than in island. The house i bought 3 yrs ago (3 storey semi-d) at Taman Gemilang Permai was RM718k, now someone offer to buy at Rm880k, i buy for own stay, therefore reject the offer. I m sure i can’t buy similar property with that price in island.

@Mok
Wishing you happy living in mainland next year! And be the one successfully ‘migrated’ to mainland. So far, I haven’t seen any successful case yet. I counted, 5 families of my friend previously moved to mainland, moved back to island eventually; another one bought a house in Juru, but still leave it empty, stay still in 700sf apartment; one more currently looking for a house in Island pula, plan to move back from Butterworth.

Btw, all of them live in mainland, but work in island. Don’t ever think of this ‘model’, it doesn’t work, drain all your energy on the road while you really have no time to enjoy your nice house in mainland. Work on mainland, then it is absolutely OK to live in mainland, like Mok’s case.

Good to buy in mainland condos, a lot of them buy for own stay!

@Xiao A
i did a lot survey before buying property in mainland, Juru is industrial & foreign workers area, not a nice place to stay. Hillpark at Alma is nice residential place but a bit far from the working office in Prai, therefore i choose residence house at Jalan Song Ban Kheng (BM).

Since my office moved to mainland, the business is better because transport from other states save a lot time to pick up goods, drivers & clients always complain traffic jam on the bridge & major roads on island. State govt should put more effort to solve the jam within 3 yrs in future, otherwise all vehicles in island just move like snail on daytime & only ease to move after 9pm at night everyday.

I bought an apartment for own stay at Bagan Lallang with 16xx sf, 2 cp, monthly maintenance fee RM 110 + 10% with price ~RM 300k. Another 2 years to go for the project completion. Cant really conclude it is a good buy or not but personally I tend not to choose those project that at RU but prefer the area that slightly out of RU. That’s why last time I used to pay the RM 1k for Tanjung Height booking fee but end up give up. Personally I think RU traffic jam will become more troublesome in future especially when the divider is built. Meanwhile I also look good on Bagan Lallang area and think that area will be more developed sooner or later. BTW I work in island.

@Mr Lee
now everywhere jam in urban area because of poor road & residential planning. Raja Uda road not congested as u think, the road divider makes the road traffic more smoother, just near the primary school, jam a bit before & after class hour.

Finish sold out…….

@kabutol
i think it is the most successful project by Tambun Indah, strategic location with reasonable price, all units taken before official launching.

Slowly they will tell u some buyers fail the loan and unit reopen to sale in higher price..stay tune.

sie,always use this technik

@Chocolate

There is another good choice of apartment along Raja Uda road, just obtained OC call De Centro Tanjong Permai. Even classified as apartment, but is comparable with condo standard. It is located right behind Public bank Raja Uda. Reasonable price.
Whoever interseted, pls contact me.
sam_ooi81@yahoo.co.uk

@Chocolate
buyer already booked but yet to sign SnP also consider sold, of course developer will re-release the unit if particular buyer fail to get loan from bank. Developer of course wanna sell all units as fast as possible to save $$ on advertising & show room, i will try to call developer on Monday to see all unit sold out or not.

@sam
De Centro does not have facilities such as swimming pool, indoor gym etc which is basic requirement for condo. Without those facilities, the condo downgrade to apartment status.

If the market is so good demand, then very good, i am happy too, but i doubt.

“Sold” just a magic term in marketing field.

ya lo,really good demand at mainland?and camelia no have infinitine pool,oni got small pool,sien

@Chocolate

last time tambun indah project sure gt DIBS, free all, but this project no DIBS and just free SPA, small pool but maintance fee 15cent psf so expensive, view face opposite condo, but all sold in few days, because of Raja Uda? so high demand should sold at 400psf ==

Mok,
Yes, De Centro don’t have swimming pool thats why maintenance fee just RM0.10/sqft.
Pls go visit, and I’m sure u will impress.
Just imagine, high floor with 100% seaview, 1202sqft, two side to side car park, and just asking for 345k. Where to get?!… haha
Nowadays , all new launching price went crazy liao… Good luck all.

too good response from buyers during preview period…..almost sold out but not all sold out.
anyone who is interested please stay tune till launching. you may register now if you are keen.
Chocalate…
it’s very normal……buyers who fail to get loan will surrender their unit and developer will resell at current market price instead of prices buyer bought…..
on the other hand, peers who have friends working in developer line, you must know developer sure block some good units for future investment. This is a normal practice. Hence, there is no surprise at all to have some units open after all opened units had sold out.
Camellia is really a great project with strategic location and selling at reasonable price.
For those who still bear with negative comment on Condo in mainland or on this project….
buyers are queuing up for Camellia during preview……if you have bought a unit like me, i would like to say congratulation to you.
lalazai…
400 psf is not far i guess.

@UFO
divider is good but the driver attitude is truely bad. this is the main reason which cause traffic congested. somemore i don like angkongkeng around living area. still cant use to it *_*

Camellia units all sold out, anyone wanna buy should put a name on waiting list & wait any loan reject by bank, then developer will release the unit for resale, of course the price has increased.

@Mok

wow..seems like condo at mainland nowadays getting good responses already..

Mok :
Camellia units all sold out, anyone wanna buy should put a name on waiting list & wait any loan reject by bank, then developer will release the unit for resale, of course the price has increased.

Amazing.. imagine this fast rate response and 100% occupancy rate.

My Question is: How long is the waiting list? how many ppl is in the quene? Tia

@Doggy
sorry no idea, i just called this morning & the staff told me like that, i am not interested to buy so not put on waiting list

I checked the price, it is RM 250-260 per sf. Still reasonable considering the fact that around that area, it was about RM 200 per sf about 2 years ago. 20% increase in 2 years is not too bad.

Ya me not buying either. going to book the other condo today

Tambun developer asked me to pay transfer of title fee ? what is this?

is it free ?

No. We have to bear the transfer fee. I did ask the sales lady and she said to set aside RM10K in about 2 years time.

@Doggy

@mr. lee
ang kong keng popi us ping ping an an!

The condos in Raja Uda too short, they should build 30 to 40 storey condos to be land & cost effective. The ‘airport’ should move to Kepala Batas or Nibong Tebal, not just beside high density of population living area. Gosh, really disappointed with city planning in this country!

De Centro is definitely not an ideal apartment! The entrance is facing narrow terrace residential, if you don’t have 2 car parks, then u r in trouble, or only limit to one car. If you have visitors, say sorry to them, park far away, and walk to your apartment, and watch out those dogs (and snatchers).

@Ah Dog
30-40 storey condo?? omg, i prefer low density & quality of living, look at projects on island, 3-4 blocks in one project with almost 800-1000 units, i feel very congested & couldn’t breathe. Tambun Indah did a excellent job to build low density condo in Butterworth ( such as Tanjong Height, Dahlia Park, Camellia etc), all with units less than 150, thats why selling fast & appreciate value also fast.

@Ken Pang
I would say developers in Butterworth face limitation to build high rise due to the aircraft; if no limitation, Tambun Indah will surely build 30 storey++ condos, you would see another ‘Gurney Drive’ skyscrapers along Bagan Ajam or Pantai Bersih. Low density is good, but 30 – 40 storey allow magnificent view, that is the prime reason why we live in high rise.

@Ah Dog
Look at Harbour Place by PJD, recent launch condo: Woodsbury hit 35 storey with RM420-430psf, did u book one?

PJD launch expensive psf condo nobody goes to attack & comment, if Tambun Indah did this, sure receive many negative comments, however, with about RM320psf of Camellia Park, many buyers still like to come here sabotage.

find 400 friends each friend take 100-200k and buy land build ur dream condo. 200kx400person= 80million, confirm can get a land to build a 30floor condo x 2 each floor have 8 units.480unitstotal. exxtra 80unitxrm600k=48million. means extra 48millions not from the 400 friends list. so total u ll get 128million to buy a land + 2x 30 storey condo.
where to find this 400 friends trusted friends. start from ur secondary school, ur college, ur working place. they wan a house for stay.
cons- get ready to eat bullets from other developers , cos u r spoiling the market.

sometimes u dont need 400 friends, maybe 50 friends ll do. just depends on the price of the land. building material doenst cost u alots.only the building base cost u alots.

of course share market also like this. goreng share market not a individual. they come with a team.a group a society..etc.what u need to do is u coming with a pyramid style, confirm today u want the share up it ll up, u want ti down it ll down.then u start draw out the money from rich guy.

@do not ask

Can we appoint u as our leader to built the so call CONDO???

Another new project (located @ Jalan Baru) going to launch next weekend @ Sunway Carnival.
Many rumous says … next booming area for mainland is Jln Baru because few developers (heard Belleview, HUNZA, UDA …) going to build Hotel/Shopping Mall/Commercial lot …. along that road. And the new railway station is coming up soon.
Those investors, quickly go grab it.

@sam

What is the project ? They have fair at Sunway?

@sam
You are right. So far Bellview is confirm to build shopping complex. Some clearing works is ongoing. Jalan Baru will boom to new township in future. Its location also very strategic. 5mins to ferry and 5min to bridge

If the Bellview Mall confirm come to Butterworth, thenthe hari kiamat for Megamall is very soon.

This is what I heard so far from my agent fren…

The new project call The Signature Condo, soft launch by next weekend at Sunway Carnival and official launch by developer will be Oct. Whoever interested can contact my fren at
kcchong96@yahoo.com (they are pointed marketing agent for this condo project)

The project site just next to Mydin hypermarket that currently under construction, and going to complete by next year.

@sam
that’s a Malay developer.

Mydin also a Malay group, their target customer mostly is Malay.

@sam
not interested to stay / buy property in malay area, furthermore Mydin is target middle or lower class customers, therefore the quality living there consider average.

Anyway i didn’t get any advantage also even u interested or not interested. Just a sharing… and fyi latest update from my fren, within 8hrs today they sold >20units.
you can choose not to believe, but the fact is those bought are chinese.

Good luck to all Camellia Park buyers as the project was approve by MPSP authorities under the building type of “Rumah Pangsa” named “Pangsapuri Kamelia”. Which means this project is an apartment unlike what has been told by TI as “CONDOMINIUM”.

How much now? Anyone bought it?

Thank.

who care

OC obtained. will handover key next few months …(i heard) ……

Does anyone know the ceiling height of the unit?

oc obtained need few month to get key? i think is few week maybe

will hand over on month end. I have a unit facing main road/raja uda to let go. Anyone interested may tell me, i will pm you details.

@felix
hi felix how much to let go ?

@Chris
Pangsapuri mean Condominium la

@Khor
So funny Khor, please improve your Bahasa. What Chris said is correct, that is a different between Pangsapuri (Apartment) vs Kondominum (Condominium) example building density.
What MPSP approved for this project was pangsapuri which is apartment title. This case happen to Tanjung Height “apartment” as well.

Any buyer here
Heard that maintainance fees has increased from 12 cents to 20 cents
Is it true?
20 cents is pricey with that kind of facilities !!

@So what
Yes..it’s true… too bad..as the facilities like very normal..but 20cents…is too much..

@Hello
You are so funny. if you dont know about the term, please keep your mouth shut..Dont keh Kiang.
MPSP approved for this project was pangsapuri which is apartment title.. this is really misleading. There is only one type of title for high rise building, we call it strata title (residential title or commercial title). Normally apartment we call it rumah pangsa, it can be rumah pangsa kos rendah or rumah pangsa kos sederhana. Actually in bahasa melayu,there is no “Kondominium” . it is direct translate from English. Pangsapuri can known as Condominium. So please dun keh kiang

U dint see title Cassia Kondominium sign board infront Cassia Condo? go see urself that sign board title write Cassia Kondominium in Bahasa Melayu, tambun indah project gg always build baby pool…same as tanjung height, kelisa residence.

@Here

Existing and old project still using the term ” Kondominium” . Please show me which newly completed condominium in Seberang Perai using the term of “Kondominium” in MPSP sign board. Now all the newly completed condominium are using Pangsapuri instead of Kondominium. Pangsapuri doesn’t mean it is apartment, it can condo also

I stay in Bandar Perda. My house is actually apartment but they put the name of Kondominium Mutiara. kakaka…So i can tell ppl that i stay in condominium. The cheapest condo (Market Value RM110K only, previously bought at RM70K) in Penang.

got any new house ???

Any1 have unit to let go?