So many projects by Aspen…is it a good thing or bad thing? But this condo in sg.pinang is attractive..

Good or not? It depends on which group you belong to….:) An investor? A flipper? A middle-income earner looking for his/her first home? A foreigner looking for a place to buy+stay? A housing agent?….:)

crazy company….1 for all…selling all out

other developer should launch more project like Aspen… lets see how big is Penang market demand!

How much per sqft?

the design is soo ugly and out-dated.

36 storey is really impressive! Do you guys know the exact location for this proj?

Already soft launch for VVIP.

I’m interested in this project. Can i have the contact for the developer?

wah…..so fast soft launch already…lol..
By the way, what is the estimated price psf?

This is the modus operandi of ivory related developers.

(1) Launch a project at slightly above prevailing market rate
(2) Collect “booking fees” before signing S&P (this is illegal technically)
(3) Wait long long (typically 3 -5 years) before signing S&P and start site clearance & piling
(4) Jack up price for “remaining units” (the remaining units here could mean the units booked earlier by “VVIP” – directors, contractors like lawyers, bankers, tile suppliers etc )
(5) CNY mall road shows, and more road shows.

So pretty much you can say that from VVIP launch to OC, it will take about 10 years…..:)

how much is the estimated price psf? looks nice and attractive.

Where is the location? Georgetown? The design is cool & impressive!!

@penangholiao

Beacan boh ho liao lah. Bacon kah ho liao.

@thamchia

Bacon of course ho liao! Btw is Beacon!

Beacon is not halal, sure bumi will not buy … hehehe

How come suddenly has so many projects to work on when the credit crunch is starting to bite?

This project is the worst condo project in Georgetown…Once the info release then your guys will know..But the info i have now is selling at RM1000+psf…

@Worst

Nowadays developers all “khi siao” liao. Everything on island also sell RM1000/sqft mah, no matter worst or best!!

Then again, this is only “soft launch” price. What developers do is wait for prevailing price to reach that level, then only start to sign S&P. If not, when you ask people to come office to sign S&P, no one turns up….:) So if prevailing market price cannot reach RM1000/sqft, developer will just sit there and wait loh, no S&P, no piling. Ivory does that all the time.

Ask those who bought Tanjung Park and City Residence how long did they wait before finally getting OC. ….:)

Don’t give wrong info and I get to know on this project before CNY. The selling price from 750K to 860K and build up from 1050 to 1170 sqft (From 715 per sqft onward). Just beside Japanese school.

Aspen is by ivory’s ex director

So most likely quality and practice wise will be the same as ivory

Just dugged some info. Alot of things not ready yet that’s why not publish and open for sale. Tentative mid of this year.

Estimate psf. approx RM650 psf. onwards. Freehold but Commercial title similar to Ivory’s Central @ PTS and Macalister 218 by Tropicana.

Air-cond for all rooms and living & water heater for bathrooms included, timber flooring for bedrooms, artificial grass for balcony, electronic lockset for main entrance … but this sounds too good to be true as the neighbouring site of the location would be BSG’s Silverdale which I have registered 3 years ago and no news at all so far. Heard BSG’s tactic is to wait for many people to register then launch at higher price. I’ll wait until launching to see for myself in black and white. Just register first la. No need pay anything ma.

Jakky :
Just dugged some info. Alot of things not ready yet that’s why not publish and open for sale. Tentative mid of this year.
Estimate psf. approx RM650 psf. onwards. Freehold but Commercial title similar to Ivory’s Central @ PTS and Macalister 218 by Tropicana.
Air-cond for all rooms and living & water heater for bathrooms included, timber flooring for bedrooms, artificial grass for balcony, electronic lockset for main entrance … but this sounds too good to be true as the neighbouring site of the location would be BSG’s Silverdale which I have registered 3 years ago and no news at all so far. Heard BSG’s tactic is to wait for many people to register then launch at higher price. I’ll wait until launching to see for myself in black and white. Just register first la. No need pay anything ma.

Thanks for the useful info. will register and wait for it .

@QQ

wow interesting! Georgetown RM650psf is worth to buy! i just registered as well

the location is very strategic… just went to their office
price estimated averagely 650 psf. hard to get this kind of price in town centre, furthermore the design and layout is good too. they have private roof top lounge with 2 pool and interesting concept. comes with concierge service too… now need to calculate my budget

hi agent
please contact/sms me for more details
0125176072

How much per sqt? Pls contact my email : zowie_oh@hotmail.com for details

@Zowie oh
Is this commercial title or residential?? Sungai pinang is not a good area.. 1 carpark or 2 carpark???

Any agent here have news?

+60125176072

whatsapp me for more details.
i might not able to pick up the call

Anyone have any latest update for this project ?

Hope Aspen 1st project in Penang – Tri Pinnacle (affordable home) is a success story which bring a good reputation to all these coming project in both batu kawan and penang island.

Dug more info. Project still not yet launch.

Reason 1 – Penang state just implemented new SOHO guideline
Reason 2 – Tenants still not fully move out
Reason 3 – AP/DL issue with Federal government

I think by the time it is launched will be next year already but stay tuned. I’m still confident that Aspen will introduce Beacon at attractive pricing

Is this residential condominium or SOHO?

@james
not sure if design is considered out dated but it is too ‘colourful’ for my taste. like a barbie doll apartment. might appeal to some tho

Premier viewing is coming to town.

Any news on this project?

@joojoo

Yes, the area in which this project will be built was flooded big time last month due to heavy rain. This project site is just sitting on the river bank of the infamous Sungai Pinang. Good luck!

Visited Aspen office, this project is in soft launch now with target completion on 2020. I find it interesting, especially with fully furnished condition and also the one app house control technology. The minus point is again, which is on flood prone area. hopefully the government or developer can do something…

Anyone has the latest updates for this project?

Flood mitigation plan budget already allocated by Government

http://www.thestar.com.my/news/nation/2016/11/09/sungai-pinang-flood-mitigation-project-to-start-next-year/

Flood mitigation for Sungai Pinang has been talked about for decades, in the 80s, 90s, 2000s, 2008 after new gov took over, 2010s, talk, talk talk, but still it is happening. It’s been 8 years since the new state gov, problem still persists. More talk is coming I am sure.

yeah, it was just talk and talk back then but budgets are allocated and work are in progress…let’s see if it is true..

how much is the price now? any updates?

last time i heard is about 650k for 980sqft…

Guys, i heard their license got issues. Anyone has any updates? I called sales office but no definitive answers given.

License issues? Consider the buyers lucky because they will be getting refunds instead of floods.

refunds? it wont be that serious. The most is the development plan / license will need to be relook and resubmit for better drainage control and etc. the development will go on.

But delay is unavoidable.

Any updates on this project?

Any updates on this project after 2018?

This project is trending VP by 1st half 2021 according to Aspen 2020 annual report.

Hi, all sifu, would like ask how’s the airbnb business at Beacon? There are few remaining units from developer. Price is attractive considering Georgetown area. Although it’s near the P Ramlee road which is flood prone area. Love the layout and modern design. I’m considering between 22 Macalister and Beacon. For investment purpose.

My opinion is don’t buy property for investment anymore. If you insist can go bid the auction unit at Beacon starting from 567k only but the auction date is today. The fact that there is auction can also tell you how’s the airbnb business at Beacon looks like.

Stay away from this condo airbnb.
This is one of the worst development in this area.
Once you bought this condo then definitely will lost.
That’s more good product upnext coming into market. Stay tune. Don’t play with fire.

@Jackie
Exism In Macalister is good for investment airbnb & well manage with past good experience in KL.

@Jackie
@Future
Zen9 definitely will be a good choice & best award in asia pacific with good product delivery like Quaywest/The Zen &Zen6. Zen9 fully seaview & best of the best for airbnb & best bridge view & location very much better than Queens waterfront as queens blocked by Jerejak & pigeon hole open concept lobby very low class.

Future :
@Jackie
Exism In Macalister is good for investment airbnb & well manage with past good experience in KL.

@Aspen Sales
Many lelong now. Worst investment. Don’t expect good airbnb

Thank you all for your kind sharing.

Haiyo, you should have seen the water level of the river behind this building yesterday, all the dirty water almost overflow into the compound. I just hope the retention wall wont collapse!.