Sierra Residences
Sierra Residences, an all-in-one integrated lifestyle development located along Jalan Fettes within the thriving township of Sungai Ara, Penang. A masterplanned community featuring medium and high-end condominiums and a vibrant commercial pocket in a tranquil riverside setting.
Project Name : Sierra Residences
Location : Sungai Ara, Penang
Property Type : Condominium
Built-up Area : 900 sq.ft. – 1,182 sq.ft.
Land Tenure : Freehold
Developer : GSD Land (M) Sdn. Bhd.
Indicative Price : RM280,000 onwards
Contributed by reader (20/12/2011 @ ~11pm)
Contributed by reader (23/12/2011)
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Categories: Sungai Ara
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RHB banker called me as well. So, there are at least 4 banks are their panel banks. PBB, RHB, Ambank and HLB…
@Alex
Thanks for sharing. Do you know the branch or the contact of RHB and Ambank?
Knowing that HLB – Bayan Baru and PBB – Bagan branch.
RHB – 0124149998 Byran Yoong
Ambank – 0164953317 Kristi
how about maybank? which bank best rate?
Woah, seems like a lot panel bank for this project, good.
Maybank should be not in the Panel yet. May be will be included in the list since Maybank is summerton project panel list. Look foward.
PBB and HLB given 1st -BLR-2.5, 2-3 years, BLR-2.45, Afterwards – BLR-2.4.
PBB MRTA needed, HLB is optional.
You may confirm with the bank. How about RHB and Ambank?
haha…sorry, i do not have contact number for Maybank…
Seems like SR finally pulled it off. Hehe… At least now has few hundreds less buyers out there to further push up the price. It is really unaffordable now for most employed.
AmBank Ms Ng 019-400 4286..
I think they give all of the buyer different banker contact, GSD sales only tell me RHB and Juru PBB contact.
So far i still havn’t received any call yet. I need to call the numbers here myself then…
Anyone know Public bank’s mortgage contact# ?
wanna to release my unit…. anyone want to deal? High floor with 900sqt….2 car park
me too….. low floor 3 …
if anyone can pay me kopi duit RM6k then only i will release my unit….. anyone? huhu
Bank given bad comment……… but i will still keep my unit…..hope after 5 years i can earn min RM100k …..
ok boo?
sure after 5 years the price will go up to ~rm400k lo
agreed the price will go up to rm400-450k coz the coperasi one Lanvendar price from RM170k increasing to RM300k
zan pavillion apartment 1car park 700sqfts no swimming pool also sold at 250k now. what you think about SR
@WTH
The so-called Zan Pavillon apartment is called Zan Ara.
Very high risk
After completed, the price will be above RM500k for 1182sf typical unit; and RM400k++ for 900sf. The supply is not enough for penang population growth.
Anyway, the price for typical condo will above RM500psf after 3 years from now, or 2015 onwards. Hong Kong, as top 3 most liveable city in Asia, is at ~RM1,000psf for their typical very high dense apartment and far away from city center. Penang is at #8 most liveable city in Aisa, RM500psf consider very cheap
site land clearing in progress.
hi penang…anyone told u already start site clearing?….is the signboard up??
Wah.. so positive thinking. Good also lar.
But hor, Zan Pavillion next door only asking for RM300psf wor. Wait for the sellers there to increase price first lar. And lots of for sale/rent big banners hanging from the balcony. Like very distressed like that. Hehe…
I can confirm that. I think the signboard will be soon lar. Hehe…
As advised by GSD, the signboard will be available by end of the month. Let wait for the moment….
Zan pavillon is selling Rm300 per sf ,bcoz of big sf as-: 1990,2071,2389.
Idaman lavender now is selling 280k only 700sf (per sf Rm400).
But anyway my unit i planning for own stay.
Anyone can share the best bank package that have given by the panel. Thanks.
True also lar. But Idaman Lavender is closer to the main road ma…Anyway, have to see whether the asking price is sustainable or not lor, so many units for sale… But now hor, everybody is rushing to buy if got new project below RM350psf or if got 5-6% rebate + DIBS lor. And everybody said it is a good buy lar. Hehe…
Agree,now very hard to find Rm350 per sf and below for new project.
Public and hlb- 1 year -2.5%,2 year -2.45%,3 above-2.4%(3year lock in period)
Rhb -2.4%(3year lock in period)
Ambank -pending
Maybank and ocbc not panel.
Have any update pls let me know ya.
Arffin bank also is panel but i not sure the rate.
haha, the asking price may be high, but if no one buy, it remain ‘asking price’ only…hehe..not real transaction price lah since not yet complete and change hand.
I also put up my SR nice unit ‘asking price’ at RM500k but no one want also even reduce to 450k..hehe
Aiyo, project not even started already want to earn 50k, sure people stay away lar. Now got so many new launches somemore. Hehe…
But you can ask how much GSD want to sell those returned units, then sell a little bit cheaper than them lor. I am sure they will sell it at least 10% higher than the ori price one… to make existing buyers happy ma. Hehe…
i tot this projects stopped due to no panel bank want to give loan ?
@blooger
That is rumors from some 1
Anyone already sign SnP? Anyone have make booking on signing date?
Snp start sign on 25 May until Mid of June. Can make appointment with GSD.
Yes, already make booking from GSD, normally GSD will call to confirm the signing date…
2000sf onwards condo selling at RM300psf is normal, as it is big, but for Zan Palvillon, sorry to say that it is absolutely not a public’s favorite, like the Uban. Now, if want to get new condo with RM350psf, it is almost impossible unless you buy Condo at Teluk Kumbar, those want to look for RM350psf, please anticipate the Platinum 3 at Teluk Kumbar, launching this year.
Guess what, not more than 5 years you will see Condo at Balik Pulau. This is not a joke. Penang property is not enough to support the population growth and now we have expatriate crowd coming in, for MM2H, etc.
@Mr tan
Any contacts for Affin bank ? Thanks.
@Tombtalk
no need to go so far to Balik Pulau lah, remember there are still lots of available apartments at Paya Terubong there which resurvivied after being abandoned during the last economy crisis at year 97-98. For short term future just pray that the housing price can maintain and will not dive steeply lah as external & internal economy also worsen…
Stop dreaming,you won’t see Condo in B.Pulau even in 6 years time.
Those people buying landed properties are for those local in B. Pulau.
In time to come other than the local people they will realize that to
stay in B’worth is much preferred due to the availability of conveniences.
@cl
Sorry i don’t have person contact number.
@Reality
I Agree,but now B’worth property is start going higher. landed and apt also same.
@Mr Tan
This is the so called halo effect… For investors, no harm to check out Bworth.
hello friend….we still have a lot of apartment 650 – 750sqt in penang la….
500sft studio also coming out lar… but for same price you get a terrace house at Bworth wor….
Anyone got loan approved and already appointment for SnP sign? Any photo sharing on the latest site progress?
@cl
Already apply for loan but not yet approve might take 1 or 2 weeks and already make appointment to sign with developer end of May. No photo on latest site progress, will go there to see on weekend whether the signboard have been put up.
Based on banker, the developer not yet get the adpl approval from the government. So they cannot process the loan, why the developer are asking us to apply for loan and sign SnP. Like a bit nonsense, any idea anyone?
RHB and PBB got green light already. AMMB still waiting approval at KL, should get approval before signing SPA. Sent all my applications out. But RHB only provided -2.3, not competitive at all.
@WTH
Weird, i also apply for this two bank but one of the bank person told me cannot apply for loan cause adpl not yet approve by gov so they just keep my document. I hope i am wrong but anyone see the signboard been put up can take photo and post here. For sure you all won’t blindly pay the 10% right if the adpl not approve.
@SRBuyer
Thanks for the info. We just share with each other for the latest progress and site update so that we can aware what is going on. Just curious, if the floor plan/site plan not approved by Goverment, SnP should not able to be signed. Let wait for May 25 and know the detail.
You are quite persistent lar. Later @WTH will hantam you with personal attack you and calling you small kid then you know… Hehe…
I think the banks are doing the background check on the applicants now lor if you have submitted your application, signing SnP without APDL is just wasting your interest for your 10% downpayment lar, because cannot get stamped yet lar. And risk on the potential change in the site plan. You know now state government keep asking developer to contribute something to the public one ma. Soon will know lar…
Already get confirmation from developer, adpl really not yet approve and they already asking for SnP signing to get the 10%. Only RHB give green light to collect document for background check and no on processing the loan while waiting for adpl to be approve.
wah! this is like ‘go up the bus first, buy ticket later’, while they keep the SnP not stamping, buyers cannot runaway but they no need to bear legal responsibility! so unfair! Why rushing buyers to pay while they applying APDL? afraind market collapse and buyers runaway? If price going to appreciate then no need so rush mah…
wbk, i will only hamtam you…i won’t sign anything until the bank things settled. If bank only offered you 80% and you unable to pay the developer 20%. Then your RM5000 will take by developer and the SPA will be cancel. They will charge 10% of your booking fee only if you failed to get bank loan or cancel before sign the SPA. Pls double check before you decided to sign the SPA.
Just curious if bank can approve loan application without adpl? Anyone can share out related information here?
Mind to share why is zan pavillon not a public favourite ?