Penang Property Talk

@PG LANG, noted with thanks.. “PENANG LANG BO HAI LANG”

Hmm.. but i feel if buyers willing to pay for extra 20k is ok wat.. no one force u to buy, but i’m not the “pak chio eh lang” lah.. luckily i already bought one..

Hi, any sign spa d ? What is the amount written in the spa ? My Q is, shd the spa state down the purchase amount before rebate ? Anyone can share info ? Thx

Anybody knows if this area floods at all

@IK,
I spoke to the local on the flooding, no flooding concern to the site even during tsunami time…

@Mike

Tks mike for your info.the left side river is always full during high tide.

Hi, EK,
I have yet to schedule to sign spa yet, r u saying ur spa reflect the price after rebate? Btw, anyone manage to arrange to sign spa on off office hour?

hi Mike, yes, the price in SPA shown after the rebate as i asked the lawyer firm through phone, the lawyer told me when loan approve then let them know and will sign the 2 doc in one shot.

Please advice me when sign up s&p what are the things that we need to concern caused this is my first house. Thank you.

Others i not so sure, but deliver and get OC on time is important also

Hi, Anyone know when is the showroom ready for view?

@Ng
Hi, i heard from the interior designer of this project, the showrooms are going to open for viewing on next saturday 28th April.

@Ng
Yup, it is communicated in newspaper that it is going to be ready on 28th April…

Thanks for the info.. excited ^^

I was there last Sunday ,
they started installing a/c for the semi-d unit : )

hmm…..should i wait for the show unit to ready on 28th April and take a look at it first before sign SPA? Have receive letter from lawyer to go and sign…normally they allow us to delay for how long?

Hi,

I just get my loan approve and also get the letter from lawyer ask to go sign snp.
i also want to know they will allow us to delay for how long ? the letter also not mention the due date we need to sign it.

It seems to be no definite dead line for spa signature, any reason to delay the signature?

for me, delayed the snp just loan approval. The loan approve process take longer time than before.

for me, it take 1 week+ for approval and 2-3 days for prepare offer letter. Then we need to read the letter and consider which bank to take.

I plan to take maybank and anyone of you taking it ? is it good?

If info given is not wrong , mid of May they will need to request some money from bank , MBB kick me out , i am taking PBB.

FG @ , u can go anytime , no need to wait on 28th to get the feel otherwise it may have a lot people that time

i still not so satisfy with the price written on SPA as told by the lawyer firm clerk, need to clarify is it true or not later when meet up with Lawyer.

PBB and HLB giving similar rate 1st yr…-2.5%, 2nd-3rd yr…-2.45%, 4th yr onwards…-2.4%. OCBC and AMBG can only know the status and rate next week….so anyhow will decide and sign everything next week i suppose….easier

I visited the site today, only manage to view SST show unit as DST is lock for touch up. Looks good in overall… Wondering how much it cost for such ID works…

@FG Ambank is the end financing also?

@apple
HLB shd be the best deal. Coz no lock in period. All other bank have lock in.

@EK why mbb kicked you out? are you taking PBB flexi? whats wrong with the price written on SPA?

@Potato,
-bcos Maybank haolen, only can gv me 80%, so i take other loh

-i will take PBB ful-flex, locking is 3 years from first drawdown, during the loan interest service year, all extra is not direct deduct from principle

-did u sign SPA already ? what i personally concern is the price written in SPA is not before the rebate, bcos future valuer will value the house + spa selling price , let say selling 100K , rebate 20K , final we enjoy is 80K, but spa written 80K , on paper we are like no getting any benefit from the rebate , sound like this is just marketing pricing strategy…i do not know other people have any concern of this ?

@EK
Have you seen the offer letter from PBB? Now there is a rule whereby if you have late payment, they will convert from BLR-xx% to BLR+XX%. For PBB, if not mistaken is one month. Drawback of this full-flexi is need to pay 200 for accout opening, every month pay 10 dollar. I didnt go for full flexi. but as the name goes, is v convenient.

My S&P price is after discount also.Perhaps they want to save on the stamp duty and title transfer. Since they are bearing it. Unlike hire purchase when you purchase a car, they will put the price before discount. I wonder for this case can I be the same. Have to consult expert first.

@Potato
I choose fulflex cause i use check extensively

Yaya, pls consult expert then share with us here, thx

Anyone know whether will phase 2 launched this coming weekend ?

the sales lady said phase1 still have left units & may not launch phase2 in end apr as communicated earlier.Not sure how true is it.

anyone know still how many units are left today ? Last time they say phase I n II will launch together. What do you think about holding back launch the phase II?

3 weeks ago i go to their office to pay the deposit. I see the Semi-D sold out. DDT just left few unit which most of them face road junction. SST one left some. i think left one should be SST as phase 2 also will have SST as well.

Hello everyone,
It’s great to be part of this forum of Prestige II homeowners-to-be. Wondering if it’s good to have photos of the place to keep each other updated of the construction progress.
To start us off, I’ve created a Facebook group and included some pictures of the show units as they were under construction in early April. Hopefully, more people can join the group and share their pictures too.

The URL for the group is http://www.facebook.com/groups/178099115644982/

@EK I asked, if we wanted to have a higher loan margin, then we have to use the price before rebate, then the developer issue the CN to contra back and you will bear more on the stamp duty for transfer title due to the 20k extra, HOWEVER, i think v unlikely for this case since they are paying the transfer charges leh…what do you think?

@ Potato,
eh, sorry to ask again, do u have formulae to calculate the extra that we need to pay for the Transfer (after add in 20K) , if (let say nia) only 2~3K extra and can gain 20K value higher of our property , i think it is a good deal right ? or i am wrong , my mathematic just passed only, not very good in this subject ^.^iii

@EK From what I know is, 500k= 3%, lets put it maximum the 20k fall under the 3% is 600. I was told by someone we can try to approach them to put the before rebate price it is part of their marketing package so they should have honour their offer regardless who bears the stamp duty on transfers. Did you contact the PLB directly?

@ Potato , honestly, i no approach PLB for this cause i do not know all those rules either is our right or not. Since i hv not sign SPA yet , is mean i still can ask for it to write the before rebate price ?

@EK Well, as a consumer, you have the right to request. See how they respond to you then. I not really concern on this issue actually. So I didn’t ask over this matter. As far as I know, let say you bought this and subsale later, the banker will evaluate it accordingly also. Is not that we mark up 100k and the loan margin can be approved by your buyer. Thats what I know. Bank will do some evaluation. Would appreciate if you can share it out after contacting the developer.

Lawyer have called up, will arrange the documents to “fly” here next week ^.^

@potato
I’m buyer for this project also. Do the buyers need to pay stamp duty for title transfer? i thought it is bear by developer?

I hav one unit DST mayb wan to let go at original price… cos company wil transfer me to Butterworth.. anyone interested?

@PP
No. #Anti resellers!

PP, how much is your selling price? can email me the detail at wk_saw@live.com.

@EK
so, did you manage to get the S&P reflected with price before 20k rebate? Signing two documents in one?

@Wong Yes, is bear by developer. We were talking about “If” ….cos EK intended to put his S&P price before rebate.

Lawyer said PLB has his own rule on this (normally reputable company is more straight forward as told)

Anybody visit the show room? If yes,please share the command. TQ

Yup, visit the show room tday, my one is DST, feel the living area is a bit small… not really like the interior design.. can be better.. how about u all?

Hi everyone,
There’s currently a Facebook group for homeowners-to-be to keep one another updated on the progress with photos. The address is at http://www.facebook.com/groups/178099115644982/

Currently, we have some photos of the show units in early April to share.

It’d be great if you could join the group too and share your photos in the group when you visit the show units. TQ!

Do you guys know DST price increased to rm498k, SST remained the same rm368k for phase II? Who are the SST owners? What do you think? Which phase is better?

SY. i am the SST owner.

SST price not increase.. sian… all SST unit price is the same? how about that facing garden ?

later will go to see show house.

Amy comment on SST interior design as show house? Anyone can share? Wht is the package and cost for Phase 2?

@cl
No yet launced phase 2 for SST, coz phase 1 still many units left. DST had increased 30K for phase 2.

@Tan
Thanks Tan.

Just back from launching.
Many people there n plb prepare some refreshment for visitor n buyer.
The remaining phase will not have sst. Sst only in phase 1.
Phase 2 all is dst. All the sst in remaining phase will convert to dst or semi d when I ask plb staff.
The show house design quiet nice. Very high siling and can feel very good air circulation.
Overall landscape look good and the launching event quiet grand.

@Apple
Does the DST and Semi-D still stand at RM460k and RM600k respectively for Phase 2?

Semi-D was only limited to phase 1 and all sold out, only SST(phase1) and DST(phase1 and more) are available…
No price change to SST coz there are still SST units left… DST could see increase in price if the phase2a get good response… Fyi, phase2 units were separated in few phases, i would call it phase2a is open now, follow by 2b and 2c(converted from phase2 SST)

@Ah Qua
Latest update, the DST is RM498, SSD remains the same price RM368. It’s quite a good news for phase I DST buyers. I just back from the site. So many people go to view the show room. The ID design not very impressive (to me) but the air flow of the houses is very well.

Hi All,

just went there this afternoon for show house viewing after receive their postcard. For me i think the location are quite far (~4-5KM from balik pulau town). It is suitable for those who works at balik pulau. People like me who work at bayan lepas area, I think you need to travel at least ~60km per day and also if you don’t mind to pump more petrol and waste some energy to drive.

Besides, if you compare this projects with other projects like Relau mutiara, Orchadia, nyaman indah, taman titi height. I think the layout is quite small and the location is not so good although the price is cheaper.

Just my 2 cent!!

@AJ
Agree with your statement that the travel distance has to be something to give for landed property at that price
It really depends on what you want, i think most of the owners are young professional who wanted affordable landed property in the island

One thing I dun really like is the “cornering”.The sharing bathroom for the 2nd and 3rd rooms make a lot of cornering. I like the bathroom which is outside in semi D, make the room square2.

I’m totally agreed with Mike. For those dun mind travelling more fews km, they will consider this location. Furthermore, it’s only one affordable landed property they can own in the island. If you ask about whether landed property or apartment is better, it’s another discuss topic and really optional.

Besides, the quality of material is not bad, compared with other property especially in mainland.

for the landed property at balik pulau that is the cheaper and the design is quite nice and the important thing is this project is buit a taman can change surounding enviroment

anyone knows if the 20k rebate still on?

@Loh , yes

The material they used is not bad. what encourgage me to buy is the green env there.
In town, many DDT build just build on small landed and serounded with flat/condo. may be noisy as well as near the main road or so. The air also fresh there..

most important is the house is affordable for many youngster who want to own a landed house in island like me.. hahaha…in future, may be will have tesco there.. who know.. as the only area that do not have shopping complex is BP now..

you can see boon siew group and many developer also start to build house at BP.. lol..

ya….since so many new housing project coming up in BP, can we write to Tesco or Jusco or Giant or even Sunshine and urge them to open a supermarket there…then it will be perfect

Buy or dont is depend on ourself, if u feel not suitable for u than go and look for other properties which is suitable for u.. I’m one of the Prestige III owners also. Happy to know all of u here

There will be Tesco coming up at Air Puteh in future.

For DST after rebate 20k is RM460k or RM468??

@KC
Hi, KC, if Tesco is coming, that will definitely be a great news for balik pulau residents. Do you mind to share where you got the information from?

D@mable
That’s no more Rm468k for DST , my dear !! Now DST @ Rm498k after rebate .

@Yibby 498k is after rebate?How much they rebate for 498k?

@Yibby thanks for yr info. given. Anyway when CNY that time for DST after rebate is 460k or 468k?

Now is 498K for Intermediate unit (after discount) , corner is 654K after discount…..kin kin , lagi lama talk , nanti naik lagi….. )

@potato
They rebate 20k for all kinds of unit .

@mable
468k for DST , 368k for SST . And DST has increased 30k when launching , SST’s price remain the same : ) !

@EK har? are you sure 654k is the 2nd phase price? i asked now is 684k leh..all up 30k.. they never mentioned to me any discount. the sales told me 30k up. never said discount.

@potato btw, have u signed ur doc?

signed liao……^.^ , still got discount ma tat day asked…..bo liao meh ?….new buyer better ask before buy loh…. >.<

oh… called liao la. they have hidden things. not dare say here. you call and ask. later i get sued.

@Yibby thanks

@potato
what u mean by hidden things?? jus share here lah.. let everyone knows..

@potato
What you guys talking about? Sound no good. What’s hidden things they are trying to hide? Only for DST phaseII??

Conclusion: all DST increase 30k in phase II regardless of corner or intermediate. Last week I asked, still free SNP/legal fee. This helps you save another 20-30k. Anyone interest should grab 1 before they withdraw free SNP/legal fee. Just my 2 cents input and i’m 1 of the owner there.

@jose ya. FULL SUPPORT. Phase II DST all increase 30k.Ignore my “hidden”statement. marketing strategy i would say.

Just wana know which tye is more worth DST or SemiD how about the layout which one better pls share some opinion.

@mable , layout sure is SemiD nicer , rooms no have many corners, but all sold out liao…..

@EK Thanks

Hi, guys
Do u think bp can develop and liveable like Georgetown? For me, I think it’s going to be another township. Hopefully it’s a green growing and clean township.

Just a matter of time

Anybody know that any dateline for signing S&P?

hi Mable,

I asked the PLB staff regarding the snp sign dated. basically they are no date but currently available to sign if lawyer call u.

PLB will start to chase people to sign snp when they completed the launching ..

@ apple Thanks

i think the wall between neighbour 4ft is too low…..can we request them to increase it to standard 5ft?

Hopefully my neighbour left and right also chinese..

[for fun discussion] if compare Giant and Tesco, whose is able to bring more effect on our PIII property price ? ^.^

@EK

haha…100% Tesco

ops gaii….i heard that Giant won the tender….(dunno is true or not)

really? either one is fine as long as there is a hypermarket to me though…
EK, where did u go the info? mind to share?

my friend , hahaha

@James
Can anyone please give me the Developer Sales office tel No ? Thank you

@H H Chua
The contact is available in plb developer site in link above…