The Golden Triangle
The Golden Triangle is strategically positioned in the middle of three essential locations – Sungai Ara, a bustling residential hub, Relau, which is a natural green lung and Bayan Lepas, Penang’s vibrant international free-trade zone. Another distinctive advantage that the Golden Triangle enjoys is the vastness of green surroundings as it is located directly opposite 1.9 acres of open space.
It also enjoys the coveted position of being in a new growth area that gives residents a place to call home where they can retreat to while the commercial owners have the luxury of a ready catchment of potential customers. The Golden Triangle’s integrated two-in -one commercial/residential concept and social viability make it the perfect place to hangout not only for young adults but also for families as a whole.
Phase 2 – Golden Triangle 2
Property Project : The Golden Triangle
Location : Relau, Penang
Property Type : Shop Office & Condominium
Tenure : Freehold
Total Units : 80 (Type A & A1), 20 (Type B – Penthouse)
Developer : GSV Development Sdn. Bhd.
Indicative Price: RM 387,000 onwards
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Hi, I’ve one but 1165sqft, tower M corner unit with 2 car parks. Are you interested?
no, am looking for at least 1300 and above as i have 5 children
@kee
670k for 1315sqft! But I’ll suggest a town house of Cascara88 or Suria Vista for that price. What do you think?
@Li
I mean the townhouse.
@kee
Hi, i have a unit, 2330sf Duplex, 5 rooms, with 500sf private garden.
Do you interested?
Zan Pavillion in Sg. Ara with built-up 1990 sq. ft. and 2 car park, RM 750 K.
Interested Please Call 013-4158293 , Alex Koay .
@ Kee
You interested in shineville park? It was a cemetery previously. That is why its cheap and big. Other properties in penang cannot fight SVP. TGT will be full of bangla nepal nyamar indo staying. You wouldn’t want them as your neighbours right?
I am nor dump….shineville park? It was a cemetery previously
Looking for 1 unit of I-tower, corner lot, high floor with 1 CP.. Anyone interested to let go and how much? When can Developer deliver VP?
Sori sold out and high potential groth area, no one were want to let’s go.
Confirmed all sold out. Very sorry
HI, i have 1 unit 1315sqfeet with free 1 car park want to sell, corner unit and high floor , anyone interested pls call 012-4886077
I’m not property agent. I’m the owner…..
I-tower, type-C, corner unit, high floor of 22th, free one car park, 1315sqfeet.
want to let go, anyone want pls call me at 012-4886077.
Hi, what is your price? I am interested on this
Seems to be good except the floor us very. high at 22th floor
Pang and Lim, do you have contact number or I prefer you guys call me at 012-4886077. This unit came with 1 car park and I bought additonal car park so total 2 car parks.
@lim
Price is rm650000 nego.
@Pang
Price is rm650000 nego.
@kee
I’m not property agent. I’m the owner…..
I-tower, type-C, corner unit, high floor of 22th, free one car park, 1315sqfeet.
want to let go, anyone want pls call me at 012-4886077.
price rm650000 nego
@Gtl
I’m not property agent. I’m the owner…..
I-tower, type-C, corner unit, high floor of 22th, free one car park, 1315sqfeet.
want to let go, anyone want pls call me at 012-4886077.
Price rm650000 nego.
@Li
Hi Li, is your unit still available? 1165sqft with 2 car park? What is the price?
Looking one for own stay. How can I contact you?
Hi i am interested too. Pls provide me your contact. thanks
sori, all sold out
@peng
Any units owners want to let go? Budget around RM550k?
Please do provide me your email for further discussion.
Thanks.
any agent want to help me to sell my golden triangle unit as I;m too busy to advertise it.
Pls contact me at 012-4886077.
@AH LING SOH
U want to consider 1315seft unit with 2 car park? price can nego….if yes, pls call 012-4886077.
i am looking for a unit measure 1300sf at 8th. Only serious seller need to response
I have a unit Duplex wanted to let go.
6th & 7th floor
2850sf with 500sf garden
3cp
@AH LING SOH
Hi,
I have a unit to sell. Do contact me at 0124625271.
Thanks.
@chin
Hi Julia and Peng,
You can get me at 01120119176.
Thanks.
@Julia
Hi
Hi Julia,
Yes it is still available. 550k, 1165sqft corner unit with 2 carparks. You can contact me at 01120119176.
Thanks.
Jut would like to check with all you on some info. I had checked with developer, accordingly to them this property still cannot sell and get it transact untill OC obtain. Can I sell my unit now? Pls advise how to proceed?
beliw few steps u xan do,
1. receive the deposit
2. sign with the buyer temporary snp
3. when come to handover of house from developer, only received the payment of 90%
Great bargain! Those sub-sale buyer can have hundred of units to choose from. In this tough year, the reasonable market price for TGT would be 1165sf 2cp for no more than RM500k; and 1300sf 2cp for no more than RM600k, smart buyers out there, think properly, must look for 2 car park unit (as it is commercial + residential; no road side parking). Reno + furnishing will take you another RM200k! Smart buyers, if you like that area, can look for alternative in Bukit Jambul Indah’s Lakeside, Parkview, Alpine; most of them fully reno + furnish, good environment, with lower price. 1070sf Lakeside Tower full reno + funish with 2cp only RM450k.
i bet the environment with commercial will cause the building to aging fast, high dense will wear out the facility fast and eventual abandon the facility. like most of the high dense condo, no one dare to swim unless you don’t mind hygiene. T junction very noisy.
@lee
Normally, how many % for deposit and what kind of condition on temporary SnP?
Hi, I am looking for a unit here. Anyone got any unit wanted to sell? Am looking for 1100sf but at low floor due to parents going to stay together
@ping
Will you consider 1315sf and 22rd floor?
Pls do provide your email or contact.
I have a unit a lower floor. I’m onwer, not agent.
Anyone interested in the commercial shop lot? I have an unit for sale.
Facing the main road. Two storey.
When will the OC be ready? Any1 hav any idea?
@Lawrence
It should follow behind Elit Heights by 3-months. So is real soon…..(Elit Heights – April),
then The Golden Triangle – July this year.
@ping
Hi Ping,
I have 2 units on hand. They are on the lower floor. Asking for 538k and 550k (negotiable) respectively.
Do text me at 01120119176 so that i can share with you the details via whatapps.
Thanks.
@ping
hi,
unit 1165 sqf available at 11 flr with 2 carparks, direct pool view and not facing main road. Let me know if you would consider and we can negotiate about the price.
Thanks.
Hi, i have a unit of Duplex unit wanted to let go.
2330sf with private garden and 3 car parks
Direct owner
Hi I have a unit wantes to let go…
Tower -1, Corner Unit, Type-C 1315 and 22thfloor, 2 car park
Saling Price : RM630,000 ( neg)
hi kinson,
I hv intersted 1165sf pls do contact me @ 0162088229 Yuki, Tq!
@Kingson
Hi guys,
Have a unit 1165 I tower 20th floor with 2 CP to let go.
Don’t hesitate to contact me for nego. 0125933572
Direct owner. No agents please
@Wong
Is the unit facing inside(pool) or outside(school)?
@Investor
Facing outside
Owners with 2 carparks at >20floor facing pool .. if interest to sell, lets talk for win-win solution … i.e. without agent commission and ++.
email me and lets start nego … smartdg8@yahoo.com.my
Hi,
I have a unit to let go, I am direct owner.
Tower-M, 1165sqf, level-12, pool view, 2 car parks.
If interested, don’t hesitate to contact me at 0125593231.
@Kingson
Hi Kingson,
Is your unit still available?
How should I contact you?
Thanks.
Hi,
Pls contact me if anyone with 1165sqft 2cp wanna let go, thanks.
H/P: 0124417021
E-mail: chuahcy@gmail.com
Hi I have a unit wantes to let go…
Tower -G, Corner Unit, Type-C 1345 and high floor 20+, 2 car park
Saling Price : RM650,000 ( neg)
Hi, any onwer wan to let go their unit? budget around 550k
Please email me : williamgooi1985@gmail.com
Will see many units selling below RM500k, stay tune, as many buyers feel the pain of the loan installment, and more than 500 units available; another option is Elite Height, also ope for sub-sale. Those serious buyer, please be calm, nego until you can get below RM500k. But please also consider the problem may arise on those shop lot below.
FYI, this project was given developer bear interest scheme, buyer don’t need to pay any installment until VP, but now, they need to start pay the installment, and are keen to let go their unit, while seeing such slow market currently, you can get a better nego.
@Ah Dog
hi, what is the market price for 1260psf block I for this project?
jj
Hi
Which one is better?
Golden Triangle
Vs
Elite Height
Vs
D’Piazza
Vs
One World
@Oo
all of them no good. one commonality, all of them are crowded with the public access with many shops, road side full with car parked illegally, dangerous, although shops are mostly empty, but empty is also dangerous for other security issue. go buy some other project like imperial, tree sparina, etc. that purely for residential.
@jj
For 1260sf, I would pay for RM504,000; with 2cp (RM400psf). Anyway, a lot of TGT seller will claim this is impossible as most of them will ask for RM600k onwards. Bare in mind, you must buy those unit with 2cp, as you have no other place to park if you have second car, or pay your car park ticket hourly. Some TGT unit come with only 1cp, and some 2cp but back to back (better than 1cp at least)
Anyway, if you think RM500k is reasonable price, you might forget you’re getting original empty unit, need another RM100k for very very basic renovation. Total RM600k, need to fork out RM150k++ cash to move in (10% down payment, not including other fee). Important point, instead of getting this original unit, why not go buy other sub-sale renovated unit like D-Piaza, Desa Bukit Jambul, Lakeside Tower, Alpine Tower, U-Place, etc. for ~RM500k++ with renovated, furnished. With slightly renovation, can move in. If you’re lucky enough, found one with good and nice condition, can move in directly.
Again, if you still interest on this TGT, then view as many unit as possible, nego until you feel happy on the price tag. Remember, the seller are keen to let go their units, as they need to pay thousands of ringgit every month after enjoyed interest free and free installment for the last 3 yrs.
I think 1250sf only sold at RM300k tower I during first launch, even sell at RM500k now, still can earn RM150k at least after deduct those fees. What a great deal. But now too many new condo completed, very hard to sell lo, at that area got TM Residensi, One World, Elite Height, The Address, and many more to come in Relau area.
@Ah Dog
Below RM500K to get TGT (1xxx sqft) or Idaman Iris (850 sqft)?
As you know, Idaman Iris is selling RM415K onwards (only 1cp).
I think both properties price gap would not be at the same range.
Unless, Idaman Iris price is going back to RM350K ? RM380K?……
hey dog… one thousands something a month mean so much to you??? talk until like all the buyer there bought because of DIBS, then once start installment sure cannot afford… then have to sell <500k?
dont red eye c people selling house ok?? people sell at higher price, then nex time oso have to buy at higher price. dont need so pek cek one..
Why not consider Parkview Tower, or lakeside tower @bukit jambul, very nice environment for own stay. Peaceful, and can exercise at the nice clean lake. Very hard to get such an exclusive area already in Penang Island.
Parkview/ Lakeside Tower = leasehold, no market/ hawker center/ shops/ chinese school nearby.
Elite/ One World = commercial title, higher assessment fee, which is very heat right now.
D’Piazza = good location and cheap, but poor quality.
Yes it is leasehold. Everyone know that. But no market, hawker center, shops, chinese school? you must be kidding. How far it takes to go relau, sungai ara or suntect, PISA. Just a 5 minutes drive bro. You don’t need to cross a bridge to access all that. That’s why I am saying it is ideal for own stay. All those amenities and school is within driving distance but they are not affected your living peacefulness!
One world also leasehold. If not mistaken, their remaining lease period is even shorter than those bukit jambul leasehold condominium.
If you buy high rise property, the lease hold or free hold doesn’t really matter (of course there is some different and the end of 70 to 99 years where we all can’t see), as after 50 years to 80 years, the building will no longer safe, need to demolish and rebuild.
I ever been to Lakeside, Parkview and Alpine Tower, opposite is Fairview International School (who said no school, but a school that not everyone can afford); nice lake ideal for jogging, and this area is not that far from this golden triangle, if compare TGT to lakeside, i would go for lakeside as that is area call ‘home’; not TGT at at busy junction, high density, commercial area, public access, etc. If i those can afford higher price, go for The Address at the bukit jambul as well, about to complete.
Oh my god, look at the number of units available in the market. It’s scary. We can’t deny some owners have the holding power. But judging by the location and built of TGT, I’d rather let go at lower profit now than hold it, because the place will start to koyak after 3 years, by then, no one is interested in buying anymore, as more new projects come into the market.
The shop lots under the TGT is the problem. I don’t know what kind of business can operate at there and survive. Ground floor, maybe OK, but 2nd floor, 3rd floor…what to do with these shop lots?
@Xiao A
IC, higher class ppl sure no problem to enroll Fairview. Ppl surrounding TGT is only afford government chinese primery and secondary school.
And, after you willing to pay to get a leasehold unit of Lakeside/ Parkview, then your comment valid.
@LL
It is always alright if you think walking and driving distance is equal. So your kids must know at least cycling to buy a meal. Tough also because Parkview/ Lakeside tower need to climb mountain. Then at least a motor bike will do. Not bad at all.
@Ah Dog
There will be more concern after a leasehold property enter subsales markets. It is not about the period only. Normally leasehold harder to resale, longer S&P process, tougher bank loan and so on. The market for leasehold also smaller. If you have a choice, choose a better one. Buy property don’t tolerate to much.
Plus if the property is on a hill slope.
@ezalor
Can take Ivory Plaza as a reference.
@Hemsley
Ivory Plaza just opposite USM, but comment from residents there, at night, you can hear the mamak stalls down there’s noise, watching football, etc. Don’t you see many mamak stalls there? Since it is opposite USM, then more business can run there! But for TGT, look at how empty the D-Piaza mall, while the main rival to TGT is Elit Height, their shoplots more nicer and geographically located better than TGT. Sure this TGT will fail for sure. Empty for 5 years, still need to compete the coming The Arena, and eSPICE with shops and hotel.
I have a maid to drive my kids to buy stuff.
Have you ever wonder why the rich people like to stay along the hillly area? And its surrounding have nothing besides residential. Don’t they concern about no walking distance shops?
Nvm, I don’t need you to agree with my points. I can accept everyone has their own preference when it comes to living surrounding.
Btw, me and my kids do cycles also as our exercise and leisure activity, not buying meals.
Now I understand why rich peoples who like to stay at hilly area where has absolutely nothing but just residential houses tend to do cycling activity with their kids. They want to train them to buy meals by cycling.
Ground floor of LMC houses normally have grocery shops or food stalls. Walking distance.
@Xiao A
I never say the shoplots will be doing good. It can be both way, and I can’t predict the future like you. opposite TGT already got many shops and none of them are empty. And there will be a new wet market built there. The latest shoplots opposite PISA corner also doing well. All among walking distance.
If you want to take D’Piazza as comparison, Elite height is nearer and have higher potential of getting similar faith with D’Piazza Mall. The business there is focusing on Sunshine, Suntec, and hardy growth further than Mayan Mall. One World managed to draw some crowd but One Precinct also still struggling (maybe need more time), not to talk about the coming Quarter mile. Hopefully Elite can do better than D’Piazza Mall as I will benefit from it too, but not too optimistic la.
@LL
Wow! You must be staying at Parkview/ Lakeside penthouse. Otherwise, how to squeeze husband & wife + kids and a maid into a unit. Also husband & wife 2 cars + 1 car for maid.
Dear all, buying TGT no need maid and got 2 cars and 2 car parks enough. Normal unit will do, no need penthouse. What a great advantage beside it is freehold. Hehehe….
@LL
You must be staying at Parkview/ Lakeside penthouse. Otherwise, how to squeeze husband & wife + kids and a maid into a unit. Also husband & wife 2 cars + 1 car for maid.
With this, TGT is having advantage because no need maid and extra car for maid. Normal unit is sufficient for a 4 ppl family, no need penthouse. :p
@Hemsley
I think you must be the TGT owner? Do you really want to live there? It is going to be chaos as too many shops there, T-junction noise, and the wet market just opposite, behind has a lot of LMC flats, and what worry the most, let’s see how this TGT quality even worst than D-Pizza.
Seem like u like to response to other people comment with your own imaginative thinking.
My above comment is refering to @Paranormal
This Paranormal is not normal with “Red Eye” disease
Sorry typo, my comment is refering to @Hemsley
@Paranormal
Haha! I was just taking a role play here as someone is trying to promote other project in TGT forum. If this means I have a unit here, then I would have unit in many projects as you can see my comments everywhere.
@LL
I may have a good imagination but the points I mentioned are mainly abstracted from your contents. You tried to hard sale an inconveniences leasehold unit with better nature environment, and solve the inconveniences driving distance with car and maid drive your kids. I personally don’t think those are the market for TGT. Guys considering TGT is looking for conveniences, especially those with old parents and young kids.
My parents in law will not stay in a place without a market in walking distance. To them it is like a prison as they are too old to drive in Penang traffic. This gave me a thought that 1 day I will be like them. So good amenities within walking distance is essential.
You can take this as an input for your next property investment, or continue avoiding this.
@Kingson
May I know the price you are offering? thanks
@Hemsley
Can consider convert TGT into old folks home.
Without walking distance market is the end of the world? I want to laugh. If I am not mistaken, those BJ lakeside condo is connected to TGT through one road only. BJ condo -> relau -> TGT. Three of them are side by side. You’re the one that hard sale TGT.
Oh, yes yes, my bad., they are still not within walking distance.
@Mainlander
If you think this is not an advantage, of course you can laugh. I won’t stop you from buying those BJ condos, if those are so good. It is only 2km away from TGT btw. But please promote your superb BJ condos in those respective forum. Opps! I guess nobody interest to visit that forum. Oh! I just find out that there is no forum for those properties….too bad.
I think The Golden Triangle is a very appropriate name. Because it will be occupied by mostly Myanmist.
Like what LL have stated, you started to imagine again. I only promotes landed property. Don’t worry, I will leave this forum and won’t kepo here.
Bye bye Mr Guardian of TGT.
@Hemsley
Got MNC company set up their office at TGT or not? I am very poor, no car or bike. Need to walk to work. Fresh graduate mah.
And also chinese school next to TGT also? Cannot walk to min sin or chong cheng. Too far for my parent or in laws.
@TamgiácVàng
You like the bomoh, can predict with 2 coconuts.
@Mainlander
Then you really waste you time here. LL is promoting those BJ condos and you back him up. Now you abandon the ship and announce that you only promote landed. I suspect you and LL is the same person.
@Hemsley
Oh actually it’s not a prediction. I know of a housing agent who has already brokered 15 units with various employers to house their foreign workers there. They have actually been “upgraded” from LC flats because of the recent announcement by the state that who ever caught renting out their LC flats will get in trouble. The rental market rate is RM900 per month at the moment, but judging by the popularity, I won’t be surprised if the rental goes up to RM1300/month. The typical agreement is 12 foreign workers per unit.
@James
And you don’t know SJK (C) Aik Hua will be re-locate to this area? There will be another chinese secondary school here too, SMJK Chung Hwa branch.
http://www.thestar.com.my/story.aspx/?file=%2f2012%2f6%2f18%2fnorth%2f11428964&sec=north
http://www.nanyang.com/node/567690?tid=704%5C
http://www.guangming.com.my/node/181642?tid=23
@TamgiácVàng
Really? Who they booked from? Someone told me that I am the owner of TGT, I should have been contacted. Why nobody call me? I want to rent out also. RM1300/ month not too bad.
@Hemsley
That’s why I already said I just kepo here.
I don’t know or I don’t care what property LL is trying to promote. I only saw you overly trying to deny the concept of green/peaceful/quality living environment by saying no “walking distance” market/shop/school/etc….but in fact, the example used here (the BJ lakeside condo) is really stone throwing distance from TGT!
Even I pro-landed property, environment surrounding the landed property is equally important. Thus, I don’t see I am contradicting myself here.
I know i shouldn’t kepo here anymore. Bye Bye again Mr Guardian of TGT!
@James
James, be patient ya. My reply to you is under moderation. Since someone call me TGT guardian, I must act like one.
@Mainlander
Ppl with such experiences like you should understand in general, there are 2 major type of property. 1st: Location; 2nd: Greeny and peaceful environment.
When we start to comment in TGT forum, the 2nd type property is already out of the picture. If all amenities within driving distance is OK, then Balik Pulau is the best. If not talking about the walking distance (conveniences) in TGT, you what to talk about greenery? That’s why I said you are in a wrong place.
@Hemsley
I was told the rental is about RM900/month now. I am not sure if indo employers are willing to pay RM1300 once owners start to ask for that, since there are so many apartments coming up in that area, I suppose competition will be fierce.
Have you listed your property with any agent?
In terms of convenience, I guess there is no difference between the so many projects coming up in that area. But the tenant profile would make a hell of a difference when it comes to security, comfort and that neighbourly feeling.
@TamgiácVàng
So this area with Condos will be full with foreigners, and local ppl will stay in LMC……. interesting. To me, this is still unlikely. It is just like many comments D’Piaza will be full of factories foreign worker as well few years ago.
I don’t have TGT la. I quote this just because someone said I have.
Actually, don’t you think renting landed semi-D like Setia Green is more worth for foreigners? Cheap and big.
@Hemsley
I am not sure which is a better deal for foreign labour. I am only conveying the info that I got from an agent friend who handled the deal.
But what you said is true…..”So this area with Condos will be full with foreigners, and local ppl will stay in LMC”. In fact, as I read in the newspaper, JDSingh also noticed this peculiar upcoming issue of where to house these foreign workers. Logically, LCs & LMCs are not for renting (and earning a profit from) as it is subsidized by gov.
Maybe Shineville Park in Farlim would be suitable for them, as it is private property and the locals are just to scared and to pantang to live with the carcasses.
@TamgiácVàng
I have to say I believe it when I see it. As for now, I still believe TGT won’t be that bad. About the rules, we chat again once local authority successfully enforce the LC for entitled ppl. The enforcement is always the problem. let’s see.
anyone here bought the shoplot units in TGT?
I wish to buy a shoplot unit here too. Anyoen want to sell?
Yes, faster sell now, else will regret later. If can find a good buyer (a buyer that not really bother too much and just simply throw in the money), then let go now at higher price.
It is hard to get those quality and high profile tenant like banks, fine dinning restaurant, Astro, insurance, telco, KWSP, Baskin Robin, fitness center and you name it; Instead, I will see mamak stalls, money changer or lender, mini market, mini wet market (like the row of shops in front of Gama supermarket), dobi, kuda, magnum, toto, massage center with special service, karaoke, KTV, call center for foreigner, moto or car service center, or even some steel welding workshops, and store. Anyway, all these are our daily needs that bring convenient to residence too, instead of some noise.
lets wait and see…thing will be different now
How you guys feel the recent economic atmosphere in Penang? I would say it is very down until you can see how cool a shopping mall look’s like, even Queensbay Mall now not so crowded in the weekend.
Inwent to Quensbay Mall on last Sunday night at 10pm, thot no much traffic. to my surprise, traffic is just too slow, very criwded even at night
the car is increase in penang, the mood is sustain, but the house price steady going up.
I don’t think “crisis” is an appropriate word to describe current situation, maybe “slow” would be more suitable.
Rentals at Queensbay & Gurney Plaza are so high that some businesses are finding it difficult to survive, so closed down. Some consumers are turning cautious, some got money stuck in speculative properties, some just bought homes for own stay at unprecedented high prices, all these are combining factors to “slower” mall traffic. But not crisis.
Developers and bankers are openly acknowledging loan rejections due to over-valued properties. But crisis is not on the horizon yet.
Bank Negara is trying to contain household debt ratios. But they wouldn’t want a crisis.
@Economic Crisis
I think you really didnt go out. Went to Queensbay Mall a lot , especially weekends. Its almost impossible to find a carpark within the first 10 mins, and you call that quiet?
any ground floor shoplot for rent in golden triangle???
Overall project looks great after completion with road expansion, this sure will boom Relau area…..
Is golden triangle control what type of shop can be open?
Mineegoo,
I have one. What is the market price in your mind?
@TGT SL
I don really know the price thr coz it’s not yt done. Can u email me ur details?? Mineegoo@hotmail.com
Thanks!!
i’m staying at relau now. would like to see the building complete soon, and wondering what shop will be open.
Opg,
Where i purchased, the management told me that they will control the kind of shop that can be opened. Exactly what i have no idea. Seems to me that owner has no full control. Seems bank also has the say.
When TGT OC will obtain? Any 1165sf unit around 500k for sale?
I am looking for a unit here. Anyone tot unit to lets go?
Sorilah…all sold out
I am a serious buyer looking for a unit with size at least 1300sf n above. Pls drop me info if you got unit to sell
Does anyone know when will the OC be obtained?
@Koh1168
VP to be released in mid-June
OC to be obtained in July
Yes, it’s harvest time.
i called developer, VP mid-June, OC maybe end of August…
Despite of good and bad comments here, I’m happy because at least I got a house for my own-stay at quite a fair price. I’m feeling satisfied.
I happened to see people around me keep bad mouthing on this and that project but he/she actually not even managed to get a property for his/her own.
hi everyone i have a unit to let go…..the unit i have is I-16-11…..interested can call me this number 0122899174…..the unit is 1132 square feet….facing swimming pool and high unit….
i am looking for a unit but at low floor. The unit need to be around 6 ot 7 floor.mpld drop me email if u have one. thanks
I am looking to buy a unit at low floor, size should be around 1300 sf. Pls drop me email if you ahve any unit to sell. Thanks
I got one unit 1315, dare in the market, good view and high floor. Good price.
I’m owner, 0124886077
@Phuah
Commercial or residential title?
I’m owner.
1 unit at 8th floor with 1,165 sqft
Interested to rent or to buy, please email to penanggoldentriangle@gmail.com
Only serious buyer and tenant will be entertained.
Thanks.
@Owner
Commercial or residential title?
How much psf now?
Golden Triangle is Residential title. Residential title is better as compared to Elite.
Residential title you need to pay water, electrical city in higher rate.
Sugai Ara now a days is approximate rm480-500/sf.
Golden Triangle is Residential title. Residential title is better as compared to Elite.
Commecial title you need to pay water, electrical city in higher rate.
Sugai Ara now a days is approximate rm480-500/sf.
Utilities can be residential.., other commercial title condo same.. .I worry more the assessment tax.
For Golden Triangle, no need to wory on assessment tax. its should be less than rm250
If your unit is big, than increase by rm30-80 only. Certainly no need to worried
Will the price incraese after OC?
Will the golden triangle price increase after OC obtained?
@Phuah
The price won’t increase much…due to oversupply in this location.. And many new project taking place on this area.. Many many option..
Look at Elite height.. Some even selling at RM530k..only.. But advantage here for golden triangle is residential title..We won’t see any significant price increase on this area condo.. Now is supply over than demand..
For now this project located outer of sugai ara.
1. One Impirial – 2016 completion
2. Elite is commecial title.
3. Garden Ville and Sierra, only complete by either end of 2015 or 2016.
For me, time to market is important as well.
I’m still think this is not bad as compare to other projects surrounding.
And I also heard that some of good brand coffee shop and restaurants will open at Golden triangle.
Go to invest in Tg Tokong, & Gurney,
The shops are in trouble. No outside crowd will come to spend on food, beverage & entertainment.
@Phuah
Yes..i agree to u that TGT is attractive..but now buyer will consider the new project 1st.. Untill the market is stable for this area..:-)
U better check with the town council…the assessment tax on commercial land is calculated differently it is higher….even if u use for stay. It can be a few times higher
@Wah
a lot of new projects are so so o the area….skycube, one imperial, etc…
anyway, people can see the actual unit once VP is obtained, let see…..
but I like the road extention, the road now is big with 4 lanes…
@Wah
For those who has holding power buyers no need to rush to sell as the initial price was quite competative and load payment not very high.
Hold it and see the market. No need to panic and sell at lower price now.
As I mentioned, I like this project as compared to Elite, commecial title, near hospital….
Anyway, this is just my 2 cents.
@koh
I kind of heard as well, it can be 10x expensive as compared to residential title.
@Phuah
How about solaria residence?? It seen much more better than TGT.. Price also not bad.. Some buyer grab it with just RM560k..which not far with TGT in price too..
I agree with Wah. I see some owners are selling TGT for 550K – 600K. With 600K, I will not choose TGT, even they are 1260sf or 1315sf. The launching price of TGT was < 300K. I wonder what type of quality developer might deliver. If I have 600K, I will choose Solaria Residence or Tree Sparina. I like its slow city concept. I think the environment, the facility, and the finish will sure be better than TGT. And they will be completed in future (2017/2018), which give us more time to get thru the tough time. By the time the Tree Sparina/Solaria are completed, I believe Heng Ee primary and secondary schools, and SIS international school will be completed and will sure bring up the area.
@Wah
Location, golden triangle is better as solaria reseidence is bit far away.
if you calculate smaller size is 1100 and they are selling 500/sf.
then 550k for 1100sf. you can get goldertriangle 1165sf for around 530-550k. You pay this amount and the house key will be with you after OC which expected by Aug or Sept this year.
For solaria, you still need to wait for at leat another 2 years.
Ideal quality so so only….a lot of problem. I not too sure TGT but at least you can take a look the actual unit by end of next month.
Solaria is low entry price. Free legal, discount this and that and low down payment. If buy subsale on tgt have to pay loan duty, stamp duty, legal and no discount on down payment. 1st payment at least RM85k. It is very tough for people to entry.
The price is hvering rm550per sf now and will hold on 550-650 once completed depend on location
I agree with Lim and Wah. I see some owners are selling TGT for 550K – 600K. With 600K, I will not choose TGT, even they are 1260sf or 1315sf. The launching price of TGT was about 300K. I wonder what type of quality developer might deliver. If I have 600K, I will choose Solaria Residence or Tree Sparina. I like its slow city concept. I think the environment, the facility, and the finish will sure be better than TGT. And they will be completed in future (2017/2018), which give us more time to get thru the tough time.
Go to invest in Tg Tokong, & Gurney,
The shops are in trouble. No outside crowd will come to spend on food, beverage & entertainment
Actually a lot of business in trouble. A lot of apartment also in trouble because nobody renting or buying. That’s the fact of life now.
A u sure bro?
@lim
For residential property…no doubt for now…sungai ara..bayan baru can provide the most affordable price now for condo in penang around RM550k to RM600k for 1100sqf++ rather than RM700k to RM800k for 1100sqf++ in town area..
TGT..is good for 1st home buyer to consider too..:)
.And for those engineer..they might consider this area..plenty of option and choice can choose..Minimum of 10 project is on going at this area in this 5 years to come.
High end condo..or commercial shop lot…You can invest in Georgetown, pulau tikus, Gurney&Tanjong tokong..The property for all this area will definitely will get high appreciation& high rental yield..
@lim
For residential property…no doubt for now…sungai ara..bayan baru can provide the most affordable price now for condo in penang around RM550k to RM600k for 1100sqf++ rather than RM700k to RM800k for 1100sqf++ in town area..
TGT..is good for 1st home buyer to consider too..:)
.And for those engineer..they might consider this area..plenty of option and choice can choose..Minimum of 10 project is on going at this area in this 5 years to come.
High end condo..or commercial shop lot…You can invest in Georgetown, pulau tikus, Gurney&Tanjong tokong..The property for all this area will definitely will get high appreciation& high rental yield..
no prob 4 me coz mine’s gonna 2 b 4 own stay. d residential units shld b ok, while it takes time 4 d commercial lots 2 grow n stabilize.
by d way, previously der was a surau/mosque nxt 2 d now demolished klinik kesihatan. any idea where it wud b relocated to? heard dat der is 1 coming up near 1-imperial, but no sure abt tis rumour. juz curious…
Any one can advise here what is approximate rental for unit 1315sf with/without funish…
@Phuah
http://www.mudah.my/One+World+1+Bayan+Baru+near+FTZ-27715229.htm
take recent one world sample.
Rm1200 for partially furnished.
@Phuah
I would think around RM2,000/mth is for non-furnished reasonable.
I dont think you can get RM2000 for this moment. The most is only RM1200 to rm1400 for non furnished. There is too many house to rent out on this area.
The problem with this project is that, its going to be hostel for bangla and college students ( Inti ). So , if you are thinking to stay there, you would think twice.
I think you raised a good point on “QUALITY”
The initial launch first was RM238 / sqft.
How are the developers going to make good money given the rising material and labor cost?? Unless most of these costs already “lock-in” 3/4 years ago?
I just hope they can provide a reasonable qualities.
This location is quite good actually though….
@INVESTOR
I think you raised a good point on “QUALITY”
The initial launch first was RM238 / sqft.
How are the developers going to make good money given the rising material and labor cost?? Unless most of these cost already “lock-in” 3/4 years ago?
I just hope they can provide a reasonable qualities.
This location is quite good actually though….
All construction is supposed in completion by now! So, this month, at this moment developer will be ready for VP and hand over key.
@Lim
Agree. Now even with fully furnish. 2k is not a gurantee unless is really “fully furnished”.
I saw there is lots unit rent out state with fully furnished. But the things provided is those low quality items. So in order to catch 2k, probably need to provide astro services as well. haha..
Really walk in with just carry a bag.. all no worries.
2k can easily service a descent house loan already, why still rent? Except for expat or outstation worker who temporary come to penang for work. But foreign expat prefer tanjung bungah area. So left with local outstation work market. How many?
@tomyam
what is the typical renter profile in this area?
@Phuah
I am renting out my unit to this workforce agency, which I will be paid RM2.2K/month, where I need to furnish them with 20 mattresses only, together with basic lighting & 5 fans.
@Pom
Work force agency mean who? 20 people staying at your unit? wah…
@Phuah
This workforce agency provides foreign labour to MNCs, e.g: operators, technicians, construction workers. As far as I know, I was told that minimum 20 person will be staying.
Does the management have the rights to limit number of occupants in the unit?
Also can control the type of tenants eg, students only, certain foreigners limit?
Then is there any headcount limit in term of facilities (eg. Swimming pools, gym etc) usage?
the mgmt can set the rules,…it is the enforcement that is important. how to enforce? who gonna do it? the mgmt bodies? what if they are also involves? sue the owner for breach of agreement of the deeds of mutual convenants……?
Don‘’t worry, normal owners if can hold will not want to let out to agencies. Their occupants will sure wrack up the whole unit and later expensive repair bills loh.
@c
I wondered the same thing.
Developer/management can set some house rules, for example, no pets allowed. But if an owner bring 3 really huge and fierce dog, who dares to approach him? If approach already nothing happen, then what? not like can kena saman, or prevent him from entering his house right?
So, as long as it is legal, it is ok.
2k can service a descent house loan, why need to rent.
Sound like we cant stop or control certain type of tenants, as long as it is not illegal?
This is a residential title, so why can’t we implement some “logical” in house rules? It should not be turn into a dorm.
Putra Place used to have many units rent to foreigners or agent… Now all gone… who said nothing can be done? Control their access..
How to control their access?
@kPJ
Agree, but its not locals who rent it…its an agency who needs to prepare accomodation for their foreign hire employee…so its business..