Penang Property Talk

Open for booking d?

what do u think about this projects , almost 500k>?

Personally i think 500k with 2 car parks is becoming the standard pricing for a 1200sf unit around that areas. If buying for family stay, I believed it is a better place to stay as compare to other condos in bayan baru town center.

ya, new projects in bayan baru area also about this price, commercial somoemore..

But it surrounding by many hight density flat/apartment. For own stay still ok if u dun mind but for investment not recommended.

SPsetia Reflection just in front of this project, how much now?

SPsetia Reflection is denser than Meridien. If not wrong almost double of units compare to Meridien. I also heard that R.I.D will built the Reflection… If this true, both same contractor…

any unit available..pref type A1?am in singapore at the moment so anyways of reaching developer?

Just added their contact number .

You can call +604-645 8800

My understanding the Type A1 was fully book. Not many units available. But there is still a bumiputra units will be released.

Meridien good for investment? or good for own stay? any opinion guys

I think good for own stay. Not sure about investment.

Yes. I think it is definitely good for own stay in such a low-density condo. A bit pricey but i think (i hope) it worth the money. I think the price should rise in conjuction with setia pearl island.

Just booked 1 unit, high floor facing the hill. My only concern is Akasia apartment, not sure if it is about the same height as Meridien. Anyone know if there is any coming project right beside Meridien?

I don’t think there is any upcoming project next to meridien, at least not that i know.

http://www.penangpropertytalk.com/2011/03/fiera-vista/ is another project across the main road.

I heard floor 17 unit #8 is reserved for fire pump facilities and there is discount on the unit below that unit. Any concern if buying a unit below that unit or next to that unit? Noisy? How frequent the fire test would be?

If you have concern, then better don’t buy But why you must choose that unit?

Sometimes what can happen to that unit is not something we can anticipate. If possilbe, it is better to avoid.

That’s the last unit of type A and all surrounding units are sold out.

Does anyone know how much per sqf during first launch in January? Now seems to be RM400/sqf already.

If you buy for own stay, and really MUST stay there, then no choice. But if it is for investment, the unit is going to be the last unit to sell too

really RM400/sqf? If I remember correctly, the launching price was around ~RM350/sqf.

I heard it has been sold out. Is it true?

Not really, I think only those good units sold out.

where is the sales office?

You can find their contact information here:

http://www.rid.com.my/content/contact_us.html

I still did not receive any news about when the construction will start. You guys have any news?

just keen for a unit

also booked a unit (type B) there..also no news on when is the construction commence..hopefully it wont be long.

I interested on this project, but seem like this project is so expensive which can go up RM440/sq ft..

As i knew that last time my fren bought ijm project-light linear 2009 ogos for 380/sqft.light linear is with so called international features,green building,fittings are all branded,big landscape area with 0.20cent per sqft maintanance charge. if it is 440/sqft,it must need international unit and not only normal bare finished unit without fittings.

The advantage of the meridien is we only pay 3% downpayment but 440/sqft we can get better with IJM project.

Another thing, is this project blok by the Reflection Condo?

how is the status? heard that they are going to proceed for loan application..any idea of its price now?

has anyone of you (owner to be) received call from the banker to proceed the loan application already? i called the Marketing dept and they said the banker is actually calling the owner batch by batch for the loan application. any idea?

felix: yes, OCBC & Public called up, ask buyer for submit loan application, for those get loan approval will arrange sign S&P by August. anyway: how was the feed back & response from the Properties Fair @ Gurney?

Miku: never goto the Gurney Properties fair.. so dunno how is the response. I just received called from Public bank today to prepare the document for the loan application. Hopefully everything will be fine.

hi felix, pbb’s package is the best among the panels? what offer are you getting?

the construction fence is up and the lorry wheel washer pool is done….

great…yaki: getting one unit too? me too, going to sign S&P this month, anyone already sign?

miku: yea
not sure if can drag S&P til after chinese 7th month…. fengshui..

hi,
I just signed my S & P on Saturday 6.8.2011.
There are few things I have not clarify with them.
In the S & P it stated 117 sq meter (conversion = 1260 sq feet). However does it include car park? If include car park then it is not fair.
Mine is on the 13th floor and I took up PBB loan.
I got to know that Golden Triangle does not provide tiles for the corridor. I wonder if this project provide? I will call them to clarify in the morning.

erichoon81: how is that after u clarify with them? as i know, they provide tiles for corridor, but will use cements bricks & not clay (red) bricks?

Hi miku. I have clarify with them. The corridor will be with tiles. They will use cements bricks as stated in S&P. Its better with clay brick but unfortunately they dont provide. Another thing is that both my car park is on the same floor (but lowest floor). We enter thru 5th floor but we exit on the 1st floor. Therefore no complain on the car park. However both my car park are not side by side.

Hi there, we are neighbor then, my car park same as u. lowest floor, not side by side, wonder how they decide the car park.many buyers sign for S&P already?

I requested them to change to side by side. However they mentioned that it is fixed. Lucky both my car park one side is wall. I am just worry the one park beside me drive too big car or dunno how to park properly then it will be a problem for me. Other than that I have no complain. Hope to see the project take off fast.

i also got one unit. signed the S&P last week.

fifth floor is only for entrance? if that is the case, every car will need to go one round down to first floor to exit… troublesome.

I think it is fair that all car need to go down to 1st floor for exit. Else evey one will request for the 5th floor car park. From 1st floor, you exit beside the building and turn up directly to the guard house. During the time I purchase back in February 2011, the price has already been adjusted once. Then after approval on the land, the price was adjusted again. Up & up & up happy buyer

Hi All,
I just signed S&P yesterday
Hope we could keep in touch since we are going to be Meridien Family..Cheers

ya,nice to meet all buyer of MEridien in here. Who else? pls notify urself here!!:) all sign S&P already? went to Showroom last few day, see few owner come at same timeto sign S&P

Hi, signed SNP last month. Nice to meet all of you!!

Great!!!
We should create our own blog for Meridien residence to discuss, upload latest info and progress of construction..What say you all?

Cheers!

madgoblin79: i agreed with u!! if there is a blog, pls paste the link here, thanks!need to know the progress…

http://www.penangpropertytalk.com/2011/09/the-wave-setia-pearl-island/comment-page-1/#comment-4294

New SP Setia condo project. Anyone know the exact location? Is it up at the hilltop besides clubhouse?

any idea when we will receive our stamped S & P from developer?

in this month, but duno when, just wait for the call.
yaki: SP setia new 3 blocks condo if there, its good for our project or bad?

@Miku

Is good if the selling price is higher than your current property. What is the price you bought? Which floor?

Miku: The reason i bought MR is because of low density and also the green surrounding but now we have 500 unit plus condos up in the hill, not happy bout it.

Guys: I signed my S&P last 2weeks back. Nice to meet you all here. We all are 1 MR family now..Cheers

FieraVista oledi open for register.. RM487k for1450 sq. mainatenance fee only RM180 (flat) & cover for interest till VP..same as MR.

@IK
Compare between MR and FV, which one do u think it is worthwhile?

FV has 470 units which is almost 3 times more than MR of 160 units. Density wise of course MR is better. RM487k from 1st floor onwards. Not much different from that. Facility is almost the same. choose which suite u the best.

Still considering MR or FV,

MR’s developer had track records and so as FV’s developer too.

Which developer is more trustworthy?

Got pros & cons for high density.

Pros : With 50% of resident pay maintainence fee, the operation cost can be settled. Lower risk.
Cons : A bit noise.

MR is one of SP Setia main con. MR is the main con for the Reflection project.

MR is also one of the main con for IJM. Some of the previous projects are The Spring and Platino.

I am not sure with Ideal cause I yet to purchase house from them

@propertyfreak
my 2 cents advice. hope will help you decide.

FV = med density
= price/per sqft around 340
= new road opening between sg ara and airport interchange
= near airport.
= surrounding by Terrance house

MR = low density
= price/per sqft around 397
= Wave by SP Setia coming soon (500+unit) the uphill road will share with existing SP Setia residence and MR…expect some congestion during rush hour
= Beside/Back of MR is low cost apartment.

Hope this will help

Many thanks on valuable information, it’s really help me a lots =D

Anybody know the available units For non-bumi?

@angmokio Just call their office to ask: 04-6458800

Signed the S&P for my MR unit last Saturday. I have a friend living next to the MR site. He says that they’ve cleared the land area. Will ask if he can take some pictures or not.

have any of MR owner receive your S & P back from developer?

RekaIndah called to collect S&P 2 days ago..

good for you OP. I yet to receive any call.

yes. The land is being cleared. Collected my stamped SNP 2 days ago. I’ve snapped a shot. but not sure where to post…ideas?

@ thon. add all of the MR owner in your facebook and post it there…

Start a Facebook Page and post there?

Bought a unit and allocated cpark at L3. I spoke to the developer what will happen to the corner empty land (see the site plan), i think it’s possible for future development.
Hopefully the owner built a few shop lots but no more higher condo at that small land. If not all units value will be affected.

angmokio@ which floor?
welcome to join MR family.
i collected back my S&P last Saturday and they c/w a small gift. lol.

@erichoon81
Gonna sign the S&P this sunday. What are the gift btw?

organic food such as brown rice, mixed fruit muesli, pumkin seed and blackcurrant drink c/w basket.

All the seeds can grow, so it means this MR is good, LRT STATION GOING TO BUILT nearby.

better than nothings.. i haven’t collect my SnP yet. are u guys buying for investment or own stay? i heard so far is buying for own stay..

angmokio: LRT??
i still waiting for the collection of S&P

Miku, dont worry about deliver of SPA, I am looking forwards to the deliver of the unit. The earlier the better. So we, buyer will have less risk.

Got monorail station in this area? Where to get the info?

angmokia @
I think now a day with developer bearing the interest for buyers, they will surely deliver ASAP else they will incur additional cost the project… don’t worry u see the reflection built by Reka Indah now already more than 6 storey high… consider very fast

Hopefully they built it quick, after 30 mths we ‘ll be able to move in to enjoy the Penang island view. @erichoon81

My S&P haven’t stamp yet I think. Still waiting. Where did you get info about the LRT @angmokio ?

Friend it was my wishful thinking. Anyway airport is nearby there must be a station to be built there. I can see everybody are upbeat about property here so cant be wrong to choose here to buy! @Jon

Hahaha. I see. Better if within walking distance.

hi gang
Signed the SnP. So we gonna be neighbour.
I wonder if they will widen the exit road at traffic light. Sure gonna be messy once the Wave and Orchard ‘something’ is up.

i received a call from lawyer today 28.9.2011 asking me to re-sign the loan agreement. some of the land title address has been stated wrongly and therefore need to sign a few pages.

Hi @beckscum7 (why beckscum? :9). Which floor are you on?

Yeah. Maybe. Later will have SP Setia low cost around there as well. I’m planning to go straight at the traffic light towards airport to get to work next time.

I received call to collect snp yesterday. Erichooon 81;only ur snp wrong?

@Miku

S&P no need to resign (collected) but the loan agreement need to…

Erihooon, which bank ?

@IK
public bank. However the mistake was from the lawyer side as they are the one who prepare the documents/ agreements.

@IK
public bank. However the mistake was done by the lawyer as they are the one that prepare the documents/ agreements.

@Jon
Hi. Beckscum is Beckham is a scum meh. Go google beckscum pics lo. Haha
I am in 13th Floor. The corner unit. Under wife name. My name fully utilized. Haha

@beckscum7
hi beckscum7. i am also on the 13th floor.
nice to meet you.

@erichoon81
Hi Eric. Then we will be neighbour sort of.Hehe

Where are the Folks of MR? Busy with shares? I was looking into web to see pixs of any ground work that was already done at the site. Anyone take any pix there? Just testing 123 to see if the web is working well, no comments since #101.

Web work well! Only the Folks are not here to comments!

ya..i checking everyday, but all the buyers lost?no comment for almost a month.
anyway, how is the site progress?

haha..me too.. just curious why no post.. everyone just bz..:-)

everyone waiting for someone to comment i suppose. Anyway, my S&P is ready for collection at RID. Funny thing is they didn’t call me. I had to call them after I got the CC mail from the lawyer saying my S&P was stamped early last month.

As for the site, still ground work only for now (source from friend in neighbouring apartment).

Collected my SNP last week.. Can’t wait for the project to get completed.. Any update from you all guys..?

Location : Sungai Ara, Penang
Property Type : Condominium
Land Tenure : Freehold
Developer : Reka Indah Development
Contact No.: +604-645 8800

Indicative Price : RM430,000 onwards

1200+SF for 430k+ sold out..? omg.. cant believe this..

Angel, where did you hear “sold out” from?

There are units still available. omg.. cant believe this..

Hi Angel
Where you got the above add from?

visited the site 2 days ago. looks like the fence Adverts are up. But pretty much the same pictures from the brochures. The thing that worries me is all those ‘illegal gerai;s’ setup near the junction. Its not a pretty sight.

guys, started a FB page on ‘meridien residence’. Some pictures have been uploaded.
See you there!

thon: good job,hope to see more details….

Was waiting for someone to start a page. Thanks thon.

Anyone had bought the penthouse unit? Any input or comment to share about the penthouse? I’ve been told it only has 4 units of PHs in MR right? appreciate the input. Thank You

what you mean 500 units? are you refering to the low cost unit or?

There are a few other projects nearby. “The Wave” being one of them with 539 units. Not counting the low cost apartments coming up nearby as well.

No idea about the penthouse though. You can call RID’s office to check.

bought a unit at meridien… yipee

@smurf
No Sierra Residence?
Did you got any promo packages?

no. i think the promotion i got is same with others, 7% discount

Welcome to Meridien, Smurf! can anyone tell me, why some projects are using ‘red’ bricks, some are not?

@Miku

Red Brick can be 2 types euther facing brick or engineering brick. Facing brick is use for facade or aesthetis reason. Engineering brick is a structural brick and stronger than cement and sand brick. Engineering brick is more expensive compare to CS Brick. They normally for high end, party wall,etc.

Visit the site recently, can see Reflection is using Red bricks,heard MR will use sand bricks? Will u think lower floor’s view will block by Reflection?

@Miku
MR sales person did mentioned that above 10flr will be fine. Below that will or could be blocked unless your sub 10 flr unit is corner facing airport.
My 2 cen

I am also one of the buyer. Nice to meet you all.

@Miku
Which floor u bought? I hv this worry too… but MR located bit higher ground than Reflection…

WT: mine below 10th floor, how about u?

mine also below 10th floor…

@Miku

Mine is 9 floor

Got CNY greeting card from RID, how about others?

yup i received it too… have they started the piling work?

OMG! Just now I saw a duck farm right beside MR, not sure if it’s within construction site or not??!!

yesterday went to the construction area.. they already start to piling..able to take some picture.. looks everything goes well

And you didn’t see the duck farm?

did you mean the duck farm is inside the MR compound..

Well, I don’t think it’s within the compound. It’s on the right side of MR, those bought low floors facing airport will definitely affected. Have called up RID and they didn’t know about it.
That’s worries me as I don’t hope to hear ducks quacking all day long when I live there.

It’s quite hidden if you just look from the main road, it’s below the road level by the small stream, downstream from MR. You need to walk across the empty land before MR until you reach the stream, then only you can see the farm across the stream.

i went there today and notice they are still on going with the earthwork. I did not see any pilling works as there are no pilling machine there. Based on S&P, it left 24 months to complete the project….

None of you saw the duck farm?

@IK
nop. i did not spot any farm there…
Is the project sold out?

Hi all, just visit the site,piling started. i can see the path from the car park L1 to L5. about the duck farm, yes, but just very small area, & i think its temporary only, only can see from unit -01. if i got photos for MR to share here, how?

this forum kindly of quiet….
maybe because there is not much progress on this project. nothing can been seen yet.
I also realize the other project Boulevard from RID is also kindly of slow in progress compared to the project beside it Melody Homes.

typo error.
this forum kind of quiet….
maybe because there is not much progress on this project. nothing can been seen yet.
I also realize the other project Boulevard from RID is also kindly of slow in progress compared to the project beside it Melody Homes.

heard that RID is tight in financial …. better watch up.
Those already bought, pls put ur finger cross.

Hello friend this project is nearly sold out, all buyers had settled the deal so within this 3 years nothing to talk about, unless you have some pictures to show.
@erichoon81

Mr.alert you are so somebody to know certain company status. Have you bought somewhere else not the MR? That is the reason you ask us to “watch up” right?@alert rid

The bank has started to release 10% of the progressive loan. Hopefully the RID done good job to finished ahead of schedule. Like the 2nd PENANG BRIDGE.

yeah … i bought Boelevard from RID also … everyday i was praying the RID could complete BLVD fast before they run out of gas ….. now still have ~10-20%. As i know IJM people and i know how IJM treat RID and other contractor, RID is in trouble now. If BLVD lucky to be safe, then MR will be in danger. Bad to say, yuo 10% could be use to cover my BLVD home …. thanks angmokio …. thx a lot, angmokio. Becos of you, we BLVD can complete.

such a sad sorry to know you are buying a house and praying everyday. We buy house with professional assessment and do with best judgement but not ask for peace of mind. We know the project directly but not like you through nobody selling you silly inform. @alert rid

I gave input here, you may not like to hear …… up to you. You cant do anything as you are bond to the SnP already. Never mind, let you manage you self. I will get my key mid yrs …. in fact, the personal from the main cons, also advise me this ….. watch out RID.

Terima kaish for your so so input. I will get the key too in mid of the year like you. but be responsible to your input don’t get yourself in trouble. @alert rid

@alert rid
I have no problem with RID. If scared no need buy property under construction. Just take a look at The Reflection where RID is the main con. The project is so fast. I just wonder why are they slow on their own project.

To all buyer don’t scared………you all know la……..in Island or mainland property price is increasing every year,still people buying . Demand more than supply every developer are rich can rolling$$$ well, why want to worry………..

Hey all, all comment here is not bond to any legal as all the name here is not true one. Just take it with open heart.
Every good sign here is still good. We never know what when wrong when bubble burst. Alert may use a hush word, but to you all, better be more causious in future projects. To me all subcon are like that. Rolling money here and there is always happen, if one say alert, just be more careful …. just like that.

anyone know who at the back of RID? i m ME buyer, dun worry fellows, RID is safe, this is the highest level project (their own projects) they wont mess it up..if they still wan to stand still in PG contractor / developers industry. its only 1 block project, i can tell its will be very fast, even faster than they build Refletion.

Any more new pictures taken at the site?

hi. just came back from RID office. Got to know that the price for my floor increase from 530k to 580k…
However they have just finished the piling work…. after 6 months we signed S&P… slow slow.

went in rid new website @ www.rid.com.my. notice that they have up coming project in sungai ara called Orchard Ville. Also a low density condo.

if i not mistaken, heard that b4, behind Meridien R. ..deep inside 1km ,,in the jungle after the LMC apartment.. Residential freehold, 2 covered carparks, low density with condo facilities, build up from 1190 sf to 1500sf..sound like about 300+ units, still MR low density

@Miku
not much info on the new project. will call them up tomorrow to find out more.
the only problem i have with rid is they are slow. i think after 8 months signed s&p, the piling work just completed. cant even see any tower crane yet. swt.

I think MR is sitting on granite rock, are they piling or drilling. Drilling cost will be much higher as compared to piling. Piling on granite is not impossible, however it will crack the solid granite and make the structure unstable, … especially Penang is a place always has tremor.

Happened to be at QB for lunch today and saw RID at the mini property fair. The price has increased by about ~65k compared to last year. Only left ~10 units including 1 penthouse… and 1 Semi-D.

65k, good news for all the buyers ya!left 10 units means more than 95 % sold out!

Will book one tomorrow after visiting the road show today at qb. Will get the type A. This is my first property purchase. Hopefully all will turn up well.

welcome to the Meridien , JL! how many units left when u bought?

@takoyaki
Hi. RM65k is good news. I got mine @ RM529k. 2 weeks ago, my floor (13th) left 1 unit available and has increase to RM585k. more than 10% increase per annum

got any special rebate ?

anyone got the latest update for this project? seems slow…

anyone got the latest update on this project? seems slow…

progress so far looks ok. I think they need to complete the Reflections Condo first then only move their worker to this project. If Reflection complete by end of 2012, then only you can see their fast progress by early of 2013. Fast fast slow slow also never mind, since the early bird buyer already earn >100k on paper.

MIKU, by any chance go near the site to take a few snaps?

@Reflections
How is Reflection related to Meriden? Two different developers, right?