Any one know how much and where is the actual location?

Penang market property going collapse soon.. Over& Over supply..

You are a world renowned economist? You must be to make that statemement…@Joke

“Over & over supply” ? Can you qualify it with educated data?

@El Lobo
Pls get your parent to educated u. Thanks.

there r some signs of pocket of bubbles.

But over supply, specifically what type of properties and areas?
New launch only or include subsales?

this can help the discussion more meaningful.

Price hike is pushed by sentiments… now, no more sentiment, si liao.

Perhaps you should take classes in English. Very bad man….sad but true….you must be from Island@Joke

Rich Man :
Price hike is pushed by sentiments… now, no more sentiment, si liao.

There has never been any real demand for properties above 400K. Once the sentiment is gone, it’s gone. It will take many years to heat up again.

Now the only chance is the foreigners… but then they also follow the trend, maybe faster than us.

Lunching at this coming Saturday… at G-Hotel….

TKT :
Lunching at this coming Saturday… at G-Hotel….

Wah lunching……I want to eat too…ha ha ha

Straits Garden already selling so hard, pushing the sale for more than a year! Now, this one just stone throw distance along Jln Jelutong, with price up again, do we really have so many rich guys out there to park their money there? Yes, I think it will sold out, as Penang really has a lot of rich guys but for sure, Penang has far no enough population or expats to occupy those space!

this is the poor one.

Well, 196 SoHo units, that’s not that many. All the developer has to do is to get ~60 GongKias to buy for the break even point. Doesn’t sound that hard right?….:)

Nice design lo.. You have multi-storey carpark stack on top of the 2 storey shoplots and SOHO stacks on top of the car-park. Somewhere in-between you can split levels of facility… So unique, sure can sell one, just put a rm700psqft price tag and people will line up the day before it opens for sale… Developer Boleh!!

I really struggle to decide the buying. RM550/ft2 is cheap. But see all remark is scaring me lo.

if this one is scary, then see those ivory properties like the wave, city residence, the central, tropicana bay residence, all above RM1000psf. as long as the developer can hold long enough, they can slowly push the sale even after O.C or after few years O.C. like Hillcrest Residence.

Gong Xi Fa Cai! Will be going to CNY property fairs; including MAPEX, Qeensbay, Gurney Plaza and few open houses by some developers like GSD, Airmas, Tai Hwa, Ma Shing, SP Setia! Go see some shows, grab some freebees, foods and drinks, and see how high the price ever goes up!

Dont know why now so many developers pushing their development to Jelutong area…i.e. Aspen, H2O, D’Mansion, Grace Residence, Urban Suit, etc?

jelutong is not a high premium place like near to gelugor (sorry to offend to the Jelutong kia, even though i am jelutong boy as well), but the development seems like to be getting hot in jelutong.

I went to the G Hotel, and AirMas offer 10% discount for the 1300 and 1400sf unit, with average of 600psf. would this be attractive for this kind of price psf?

That means if we can get 90% loan, means for not paying anything until the first release of payment from banker…waive S&P and Loan legal fees…

But not waive of MOT… anyone know how much is the MOT? or how to calculate?

Lim :Any one know how much and where is the actual location?

It is just across of the Petron… opposite of Pek Ee Tong temple. According to the sales agent at G Hotel, and i saw it, the area had been barricaded.

Whats MOT ?
So whats the final price ?

Is anyone know thats a water pump?
Thats might be a smelly place is future even now such like some of the projects that near by stone bay.
I’m actually gonna pay booking fee when i was at G Hotel but than lucky one of the guy told me all these true…

I buy one lo. Cheap and good.

Dell :I buy one lo. Cheap and good.

u must be getting Dell retrenchment package by now and commercial title utilities bill are 30% higher than residential which is consider high now. Cheap and good ur nut.

There’s was a water pump beside the condo.It is smelly and I not really like the place and environment. I prefer a clean and fresh environment for my stay place.

I found out Jelutong got a new condo that named as Urban Suit. There was more than 50 facilities at the condo and it located at Jelutong new highway. It is strategic location. You can easily access to town area by turn left and Queensbay mall by turn right. I prefer this because it look more convenience.

@girl 90811
ya.Agree what as u said.I also bough a unit there. Right turn to QB left turn to Town area. It’s a strategic location. Easy for me to go anywhere.

@girl 90811
but u prefer clean and fresh environment…. Urban Suite does not meet ur requirement too as it is located near to busy highway….

@girl 90811

Urban Suit ah, got 50 facilities ah! Wah, what can the 50 facilities be? Common toilet also considered as one of the facilities is it? ….:) Even that, I cannot imagine 50! Maybe they have “special” facility like “body massage service”….;)

@girl 90811

If you want quiet, clean, fresh, convenient, I think be prepared to fork out RM1000/sqft on the island.

However, batu kawan could be a good choice if you refuse to pay RM1000/sqft. But recent developments have got a lot of people concerned, as there is news that the Butterworth Air Force base will be relocated to Batu Kawan….:)

Heaven :
@girl 90811
If you want quiet, clean, fresh, convenient, I think be prepared to fork out RM1000/sqft on the island.
However, batu kawan could be a good choice if you refuse to pay RM1000/sqft. But recent developments have got a lot of people concerned, as there is news that the Butterworth Air Force base will be relocated to Batu Kawan….:)

Sure boh? That is very very sad la if gov relocate the AF base to BK. Why not further down south since they already pick BK as a next exciting city?

@Chocolate

Can see jet planes fly here fly there, not exciting meh?….:)

Heaven :
@Chocolate
Can see jet planes fly here fly there, not exciting meh?….:)

Hahaha..so price in BK up or down now?

@acro
As what i knew which is even therre’s a high way but it might not be so noisy. It’s not actually near to the high way eventhought it just right beside the highway.
Do u actually know where’s the location?

@bbola

I just refer to the map given in the urban suite thread. For me it is quite close. But u may be right that it is not so noisy.

acro :@bbola
I just refer to the map given in the urban suite thread. For me it is quite close. But u may be right that it is not so noisy.

I was told urban not yet get the approval from gov yet and the due to this 50 facilities, the maintenance is 35-40 cent/sf. The price looks good and cheap but comes w/o car park. One car park cost add RM37k.

Urban Suite,…. 5 years for construction.

How is this project investment potential as compared to Urban Suite ? Please share

@investor
Urban Suite of course is much more better la, more than 50 types of facilities, strategic location and pricing sound good.But do u guys know near by Altus Project that’s a India water big pump room and Smelly Dirty Storage there…no need to imagine how’s the smell. after the project completed u guys will know what to happen.

196 units in this project?
Sure or not?

Today news paper also talk about this project ? Wau…
Sewage plant , treatment plant !
Residential occupied complaint about itchiness , filthy and smelly .
Wooh! I think it’s true !!!
News paper won’t bluff people eh. And also more 1000+- units there.!
All this true !!!

@Bbola,

Yes, Urban Suites will surely be affected by this IWK “perfume”. It sits almost next to it, can have IWK “view”sommo!!

@IWK
Hei, u r bluffer !
I went to the site and have a look there, IWK perfume is most near to other project la…waste my time to go and view.
Next time go and check first before comment!!!

You can’t see it yet at the moment from the site, because you haven’t gone high enough. Once you go up 4th floor onwards, the “view” and the “perfume” will start to unfold itself…..:)

What is the price range???

Anyone updates the Price here ?
Lowest price how much?

hear that 900 sq.ft. and 1300 sq.ft sold out, just left 1,400 sq.ft.

the water pump located at east?west?south?or north????

Already srtart gound clearing

is it open for launch dy?

it launch since feb

Hi, any idea for this project … is good project ??

how much is the 1400sqft unit selling ?
any 900sf left?

Looks like this project scrapped no more in the website

@Jel

I tot they have revised this project to Artis 3?
Correct me if i am wrong

That’s correct. The construction very fast now

update me..the project still available or changed to Artis 3??

Yes this one (altus) is still available, artis3 also.