@C2p
btw, i deducted 1500 for each floor.. else even higher…

@C2p
Means early buy or later buy also nothing different!

around rm 10 per sqf diff.. it is already more than 10k diff liao..

they actually start charge rm1.5k from which floor onwards har?

@C2p
I think start from 4th storey, my one is on lower! so nothing different! You got any rebate?

rebates.. no… since im late comer..however still entitle 4 air con….. heard that those signing early this year.. got discount 5k..

@C2p
Yes, sign before CNY got 5k discount! I think following lance IO2-4 not so cheap ald! Every go to grab! All most is want to invest! I really doubt who are going to buy!

I see. I didn’t notice that. Lol which block did you buy? For own stay?
@C2p

Oh no wonder. Lol good to know they are progressing. Otherwise they won’t ask for second payment. @newbie

@Bern

tower A… yes mostly own stay..

The price will up??

OI construction progress (18 Aug 2013)
http://s10.postimg.org/gma65wmjd/progress_18aug2013.jpg

@ky
why ask so? wanna invest>???

@C2p

am just asking, hearing some news that some new properties’ price will be increased, not sure about that.

I check with the sales lady at ideal. She told me that the one imperial two will be lauch by December or early January next year. I was wondering how to invest if the developer keeps on building and building the cindo all over the same area? If im a buyer, surely I would wait for the launching of the version 2 or 3 of one imperial rather than to buy the old project. I can enjoy a better benefit if I buy it directly from the developer and enjouy brand new property as well..rather than to buy it from those blood sucking investors or property speculators. And the best part is, the developer like ideal can’t stop producing more and more versions of one imperial in the coming future..and that area in relau is still huge for more development.

Too many project launch at relau and sg ara, Good for Bangalasia.

Im scared too. I saw lots of banglas and foreign workers at marina tower area.

those who choose to buy sub sale… are those who want to move in fast.. this is the main diff.. they didnt think of that 3 years ago….

same thing like, i didnt know that i wanted to buy a condo when reflection launch.. then after few years.. when i decided to buy one more… i bought OI with higher price.. if i were to buy one to stay for long.. i will definitely buy reflection at 600K++ rather than OI that still need to wait another 3 years… im staying in mainland.. no plan to move to island as of now..

everywhere in the world.. new project will keep coming up… if u see developer stop building.. then u should worry more..

those who wish to move in fast.. will you choose reflection 600k ++ or take clovers/ tree sparina or OI that still 3,4 years to go.. and also cost you almost the same amount of money..

The sales lady told me that the condo unit will increase at least rm100k within 3 years upon completion. How true is that? is it some sales talk?

Sold out ady??

@C2p

Glad to know that you purchase Tower A 20 Floor. Foresee, I will be one of your neighbor if we both stay on OI 1.

@serena
I think not much ppl will buy sub-sale if a lot of new project coming.

@Gary

wow great.. so fast to know my first neighbour.. LOL

own stay is probably ok. Investment, doubt.

they are going to launch OI2 soon. The side is exactly right beside OI1.

OI2 open for register

Wow so fast……so what is the indication price for OI2? looks like so much development around sungai ara.

OI 2’s guard house is directly opposite OI’s guard house. It’s around rm475/sqft

Bern :
OI 2′s guard house is directly opposite OI’s guard house. It’s around rm475/sqft

It’s about RM475 to RM500 psf.
Sizes : 1100 and 1200 sqft.
Location : In between Sierra Residences & OI.

@Alvin
Alvin,

Tis is 2 carpark price issit?

@SP
According to the sales person during the property fair at Gurney Plaza last weekend, the number of carparks per unit has not been finalised as the project was open for registration only and would be launched by end of this year. OI2 is named as Imperial Residence.

OI2 will block the hillside view of OI1 tower A and B

This OI2 or Imp Residence consists of how many blocks and each has how many floors,any idea?

3 blocks 30 storeys

newbie :
OI2 will block the hillside view of OI1 tower A and B

I always think that tower C is a better one for north facing unit, because no other future constructions will block the view.

Tower B facing north will not blocked by Imperial Residence from having hillside view as well.@Bryan

Yeah.. Block B is definitely safe. Don’t worry.

The design of Imperial Residences is like an L shape. If you look to the side from Block B, you can see their swimming pool. They have more water features as told. It could be a good side view as long as the front/hill view is not obstructed.

GREAT!!!

Bern :
3 blocks 30 storeys

Exactly!
Imperial Residences is consists of 3 blocks (30 floors/block) in L shape.
It’s about 50 units more than OI.
Land size is smaller than OI.
Sales package hasn’t been finalized, estimate selling price RM530K onwards for 1100sqft.

Bryan :

newbie :
OI2 will block the hillside view of OI1 tower A and B

I always think that tower C is a better one for north facing unit, because no other future constructions will block the view.

I think so.
Both proposed schools should be there and certainly they won’t block those units that facing north from Tower C.

Any has the OI2 location plan? A bit worried of it blocking my condo view.

One imperial two is right beside the damn market

But the market is situated in the south of OI n is closer to block D & E.Some forum members were talking that it was closer to Block A & B.Can anyone clarify this pleas:where is the exact location of this Imperial 2/residence?

Goreng :Any has the OI2 location plan? A bit worried of it blocking my condo view.

Worry blocking your condo view?
You should worry whether you can drive out and exit your condo or not during morning rush hours after Imperial One, Imperial Residences, Imperial Three & finally Imperial Four are completed and occupied….:D
And many other new projects which i do not remember the project name are in the process of construction 😀
My brother sold his Setia Greens recently after getting to know all these condo projects which will definitely increase the traffic flow to the already congested road 😀

Imperial Residences or OI2 is located behind the proposed school. If refer the above OI map , can easily know where is the exact location! It’s door to door guard house facing in between OI and OI2.

Ive got the OI2 info and brochure last week.

Guys, there will be front back carpark lot in OI. Those front back carpark will “reserve” for the late buyers. Draw? Yeah, you are going to draw, but only draw which front back carpark you can get. Such a big land of carpark still need to have front back … SUCKS ….

I hear the last 30+ units will get front/back car park. Ideal is OBLIGATED to inform those late buyers prior to booking. If they are not in agreement they don’t have to book. Any late buyers here would like to clarify?

No… They never inform any arrangement on the car park.. I bought 2 months ago..

@ae86
Hi… Ideal told you that?

I understand side by side. but what mean front/back car park?

@Alvin

Mind to scan the brochures and send to my mail? anarchyze@yahoo.com

@joaQuin
no problem.
now i scan then i send u to9.
anyone else? so that I can send it one shot.

Alvin :
@joaQuin
no problem.
now i scan then i send u to9.
anyone else? so that I can send it one shot.

can send to me as well? snoopytan86@msn.com
thanks

@Alvin
Hi Alvin
Please include me – mklee088@yahoo.com

@joaQuin
Email to me too,tcheewah@gmail.com.TQ.

@Ono Yup, Ideal told me that.
@valb Ideal never inform on the front back carpark.

Alvin :Ive got the OI2 info and brochure last week.

@Alvin, Please scan and email me as well at pororocondo@gmail.com

Sent!

Alvin, can sent to me too?
Summermay81@gmail.com

Thanks

Thanks Alvin.
From the brochure, it seems that imperial residence is very impressive and classier than our old one imperial. And not to mention, very attractive too. Will that affect our One imperial market value?

@serena
Welcome.
But I don’t think so.
OI have more facilities, larger land size, low density (768 units, 7 and 8 units /storey) while IR is consists of 3 block 30 storey and 815 units with 10 units/storey.
It will bring up the value of OI.
But for sure it (especially tower 1A) will block certain view of OI.

imperial residence got (30×10) + (30×10) + (30×11) = 930 unit?
seem like less facility too

@pororo
I think they will make it 4 or 5 level for car parks.

From the map, there will be a cycling track on the new road of lilitan sungai.

Hi Alvin, Can you pls email OI2 brochure to me too? s_c_dee@yahoo.com. thx

Hi Alvin, Can you pls email OI2 brochure to me too? chuahfhoochuan@yahoo.com

@Alvin
hi, can you mail me OI2 brochure? lovely_lane@hotmail.com

@Alvin

Hi email OI2 brochure to me as well. snoopytan86@msn.com.

THanks.

@ky
Hi, I sent u last9 .Din receive?

@Alvin

I didnt received lea.. mind to send 1 more time?? Thanks

Alvin :
Ive got the OI2 info and brochure last week.

Please email me the Imperial 2 brochures too:tcheewah@gmail.com
Tqvm.

All sent.

@Alvin

Thanks alot. I have received it.

http://www.facebook.com/OneImperialPenang
Dear all OI owners & neighbors,
OI in facebook has been created.
It can be searched by typing “One Imperial Penang” in your facebook.
There, we can keep track of the construction progress and the surrounding development.
Much appreciated if anyone of you can upload or share the latest OI construction photos and any information regarding OI.
Please give OI a “LIKE”…….
Thanks!

May i know still any unit available. Where is the sales office?

Hi Alvin..pls send me the OI2 brochures too. (yanzhong_0609@live.com). Tqvm

Hi Guys, S&P stamp fee bear by us or developer? If bear by us is need pay how much? Thanks.

@Alvin
good job done!

@Alvin
Finally, we are in Facebook. Good job. Thks.

@Alvin
Thanks, Alvin! Job well done! Really appreciate your hard work.
I’ve liked it in FB. Very excited to see its progress 😀

Facebook no showhouse picture for 1300 sq ft?

Nice one Alvin! Good job!@Alvin

@pororo
There is no show unit for 1300sf. Only 1200sf & 1050sf.

Just call the agent & they said all units been sold out..?

Serious? My agent told me there are garden unit available… Few weeks ago….. around 700k++ …

Don’t worry still got. See below link.

http://www.iproperty.com.my/propertylisting/1995308/relau-condominium-forsale

Seems like we get to meet our future neighbours in FB now…

Welcome everyone! Ive made it as open group community! No verification required to join the OI in FB!

wow nice.. vy informative FB page.. thanks for doing that for everyone!!!

Alvin, which type are you purchasing..?

@serena
Type B

@Alvin
Sorry I can’t seem to find the Facebook page…is it a closed group?

Go to your own facebook site(ie log in the faceboot),then type in One Imperial,Penang in your SEARH!There you are.@Milo

It is “One Imperial Penang”, don’t go to wrong site, like “One Imperial”.

FP :
It is “One Imperial Penang”, don’t go to wrong site, like “One Imperial”.

Correct! “One Imperial” product/service is purposely for sales and it’s never been updated.

http://www.facebook.com/OneImperialPenang
This is the direct link for OI community in facebook.
It is an open group for everyone to join.

@Alvin

Nice job on the fb group!

An OI type B-er here too.

Do u realise something? There are hardly any comments or maybe only a few comments on the page of Those high end projects and expensive houses…unlike in this page for OI. Is it that those rich people who bought or invested in those super luxury projects don’t even give a damn to comment and share their thoughts about the property that they had purchased. I believe that they too busy with their high profile life and won’t even waste time commenting here. But for medium cost properties owners, even though our condo only worth about rm500k or lesser than that..we took so much trouble to read n comment and worry over carparks and even idolises our property like a holy temple. Don’t u think so?

You think too much…I bliv here has more young people who like to comments and surf net for info.. so u c more comments here…

I totally agree…just like aunty aunty will only bother to bargain 50cents in wet market..haha

I received a letter today saying that the building has now reached 10%, the work below ground level of the said building comprising the said parcel including foundation of the said building

Wow interesting. Which tower did you buy? @Al

Tower A@Bern

I did not get any letter also. Just tower A will get the letter?@Al

Received the letter too from tower a… Btw.. Have u all got back ur stamped snp documents??

can anyone send me the brochure for OI2? email is gmeelim@gmail.com

BANGKOK: One of the late Chin Peng’s biggest regrets in life was having missed being there for his children in their growing up years.

This was indicated in a farewell note, undersigned by the former Communist Party of Malaya (CPM) secretary-general, which was published in a memorial booklet entitled “In Everlasting Memory: Dare to Struggle, Dare to Sacrifice”.

Tower A:Have received letter too requesting 2nd 10% payment.

I got my stamped SnP copy back probably by April’ 13.@Oi

Anyone go to queensbay mall and snap the One Imperial Modeling to put in OneImperialPenang facebook?

So only tower A owners get the 10% completion letter huh

Tower C, D & E launched earlier than A & B. How can tower A progress faster than CDE?

It’s possible la.. A&B is individual block.. so it’s not surprise to see A B get completion first

I have also received a letter dated 8/27 from my bank for the release of 2nd 10% payment….my unit in tower B.

How come I can’t find one imperial fb pages!! any one can help?

search for “One Imperial Penang”……

@LCK
Actually I have the same prob….but when I tried to search on my gf’s phone I can find it….

Hey, I just purchased a unit at 1050sqft and I’m taking 90% loan due to DIBS. However, upon completion of the project within 3 years time, I plan to settle all my loan by cash, maybe by breaking up to 4 payments with two years. Im not sure whether this is a wise move or not due to gov kacau for income taxation or any penalty from the bank. Can anyone advise me about this issue? Or gv a better suggestion?

@serena
If you try to settle your loan after the so-called ‘locking period’,you will not incur any penalty from the bank.
For the amount used in settling the loan,as long as you can explain your source of income,no fear of income tax.Unless your money has been collected after evading the income tax……..

@serena

If you are taking Maybank loan,
know from the banker if you have the full cash, you can place all the cash in the loan account so you will no need to pay any interest at all after the locking period. As long as u not proceed to bank n ask bank to terminated the account. In this case you will have more benefit like future can withdraw money if emergency, wont having issue of kacau by tax dept as u r not consider as settle your loan in short period.
If you prefer to withdraw more $$ from EPF in future, at least your loan account is still active and entitle keep withdraw using the house. Once you sell, it count. We can only get $$ from EPF for the max of 2 house in lifetime.

Hi can you explain more about withdrawing from epf? We can withdraw once from a house only right? For the downpayment. Then if buy another can do the same right? Sorry I’m new hehe @tomyam

@tomyam
I took my loan from Ambank. So is it that I put all the cash of total amount of the house into my loan account means I can save the interest? Then how long must I drag this before it is safe to terminate my loan account? How does the tax dept detect us?

@tomyam
This is what we called flexible home loan, most of the foreign bank have a far more flexible housing loan if to compare with local bank. Im one of the foreign bank staff.

@Bern

I am in my first house too. As i know, whole life you entitle to withdraw max 2 house from EPF, let say you buy house A, get $$ from EPF, then sell house A, buy house B, get $$ from EPF too. Future even you sell house B and get house C, you are not entitle to get withdrawel from EPF already. This apply to those sharename house, so if husband n wife share name withdraw epf, count 1 already.

ya.. one time can only for 1 house. But same house you can get many times until your loan settle. May be every 5 year you draw out.

@serena
I am not too sure on Ambank, it is not work exactly like maybank. you need to inform counter so only they can deduct the principle from your extra payment, bit bit inconvinience.
you can further check with your banker with this.

No one knows how tax department work with those bank, just do a wild guess only, if the loan amt is huge and you able to pay off so fast, you better have those resit, payslip evidence with you already.

Until which level have the tower A and B completed?

@Jenson
Once your loan has been preliminary approved by the concerned bank,your whole file will be submitted to the BNM for final sreening and approval.BNM will normally peruse your payslips and the income tax filed earlier plus your current outstanding loan commitments etc, and also will seek LHDNM for verification.This is the time LHDNM will give you due attention if there is any distinct discrepancy or your source of finance is unconvincingly ,or implausibly explained against the income tax you may have filed earlier.This info was given by a banker.Hope it helps.

@serena

I am outsource banker who representing 5 banks : MBB, HLB, AMBANK, OCBC & ALLIANCE.
I can apply loan for you which NO CHARGES and you only have to give me 1 set of document.

Please call or email me if you need further info 012-4706232 & kclor@hotmail.com

fully sold out?

Any unit left?

Anyone can post up the pic of the construction site to see the latest progress?

I think I miss out the early posting. How is the 2 carpark arrangement? Draw lot?

Ideal集团捐4千万土地　益华小学终可圆迁校梦想

http://www.kwongwah.com.my/news/2013/09/28/122.html

anyone buy OI for invest ?? possible <50% ppl buy for own stay ???

@tomyam
Thanks for the info haha

Received SMS from OI :
pls be informed that your
SPA&Loan Agreement are ready
for collection at our office
from Mon-Sat 9-6pm.

Just wondering, 2 primary school and 1 secondary school nearby OI. What will be the worst traffic condition.

which area in penang not jam from 730am to 930 am and 5pm to 730pm..? the traffic will always be like tat.. no matter where u stay

Some ppls might disagree with me but I see it as a plus point.
One Chinese primary and one secondary school which is convenient for some parents who would like to send their children there. More options.

SLK :Just wondering, 2 primary school and 1 secondary school nearby OI. What will be the worst traffic condition.

SLK :
Just wondering, 2 primary school and 1 secondary school nearby OI. What will be the worst traffic condition.

The worst is when you need to fetch your kids who study in Tanjong Tokong, but stay at Teluk Kumbar.

@SLK

You will cry, your kids will cry.

Come on guys, based on current Penang situation. It will be a shock if one day there is no traffic jam in Penang island.

if that day come, I think you won’t want to stay here d…

All sign S&P?

hi… except SnP and Loan agreement…what other documents we got to get it back from Ideal??

just to make sure i didnt miss any…

Important news for OI owner.

http://www.themalaymailonline.com/malaysia/article/penang-announces-rm6m-international-islamic-school

will OI end up become hostel of those student come from islamic country?? omg

@newbie

Arab students quite rich. Thinking of renting out 2k per month once complete.

2K?? OMG then mah rugi till siao… i need at least 2.6K only can cover maintenance fees and installment… else i better make it as my second home

It it a good news for all OI buyer.

Where is the exact piece of land that the International Islamic School will be built on? beside one imperial?

Will it affect the surrounding businesses, e.g. Golden Triangle, which can be a cornerstone to One Imperial’s success.

@Tom

I am not greedy. 2K considered very good for me. If demand is good, will increase further.

@KT
Dreaming lah…. 1.5k also difficult to get from them. I had lend to 2 Iran family before…1.2k also ah chi ah cho.
U probabily need spend 50k for reno (kitchen cabinet, wet+dry, fully furnished with TV, fridge, aircon..etc) 1.5k can get lah

Pity the owner, need to pay bank loan plus interest forever, till die, but collecting renting monthly with low return rate, like begger.

david :
@KT
Dreaming lah…. 1.5k also difficult to get from them. I had lend to 2 Iran family before…1.2k also ah chi ah cho.
U probabily need spend 50k for reno (kitchen cabinet, wet+dry, fully furnished with TV, fridge, aircon..etc) 1.5k can get lah

@david

@soo

Rental return where got like begger? It is financial freedom for me… Heard that D’piazza rental average 2.2k for inti college students. Don’t be too sour grape okay?

Diu….Financial freedom. Power lol. 2.2K for D’piazza wow. Are you sure you are “pao chu kong” & don’t know the market trend? See for urself to believe.
1.2K to 1.5k condo….flood all over Bayan Baru…2.2k shiez.

http://www.propertyguru.com.my/condo/d-piazza-condominium-1861/property-for-rent/1

@KT

Haha some people really cannot c people ‘ho kang’ if rental return good means economy good and growing everyone rich.. but they wish economy crash then property bubble burst then they happy…

Let be realistic, the good old day to use rental fees to pay for your monthly loan is over due to over pricing of the current property.Consider yourselve got a good deal if you can get half your loan cover back. Anyway I do feel it a good news any institution are built in surrounding area just like the primary and secondary vernacular school proposed on the area.

BTW how is progress of the contruction site?

Relau and sg ara area affected by flash flood this morning, if continue rainung non stop, may caused landscape, alway check you home safety espcially those home near hillside, worst if any new project in progress around sure owner cannot sleep at night during raining season.

low :
Relau and sg ara area affected by flash flood this morning, if continue rainung non stop, may caused landscape, alway check you home safety espcially those home near hillside, worst if any new project in progress around sure owner cannot sleep at night during raining season.

You tried too hard…

Understand that all units are sold. Anyone wish to release their unit?

Setting up International Islamic school nearby OI is definitely good news! Create activities n demand there. Can rent out to lecturer w family.

Oven :Understand that all units are sold. Anyone wish to release their unit?

I believed the 2k psf still available. Call Ideal office.

Here is about detail of plan, layout and location.

http://www.penanglang.my/161013-025

@Jenson

Called. Seem those left are units with garden at ~700k.

@Oven
yeah only with those garden unit.
Have all the buyers sign the SnP?

Signed long time ago…..

Just wondering is there any possibility that we can ask the developer the change the floor tiles to 2×2 tiles for our own unit and we bare for the extra charges?

speak to the contractor directly then maybe got chance….

@Boyboy
whr can we get the contractor information?

What is the site progress?

@Jenson
2 weeks ago i went to the site and tried to snap some photos but was stopped by the guard, saying it was the boss’ order not to allow visitors to take photos of the site.

The progress is not as fast as we might want it to be, but I finally saw some pillars erected. Hopefully it will be fast from there on.

Whoever has access to the apartments/flats nearby maybe can help to take photos on the site progress from higher altitude which would give us a better view.

Second 10% has been paid.Anyone can provide the latest site progress?

Bangkok BTS to invest building skytrain in Penang

http://www.kwongwah.com.my/news/2013/11/02/81.html

I saw 2 cranes up there too but haven’t seen any level yet.

i guess developer will speed up the construction to avoid GST affect

@jason

I think they are focusing on FV at the moment. IH DST also in progress, this one need to handover to buyers in 2 years. Now already half done.

@newbie
If you manage to get the deal from the contractor to change the floor tiles to 2′-0″ x 2′-0″. Please inform me. I do intereted. thank you.

Living, Dining and Kitchens already 2ft*2ft, why still need to change? Stated in SnP.

@RL
sure. np

@Househunter
i heard that the tiles they provided is not in good quality from some of the current owner in one world

@Househunter
Rooms 1.5′ if i am not mistaken when i view the showrooms.

@newbie
As usual, you can’t compare with Tier 1 developer. Yes, tiles used by Ideal are cheaper and not in good quality.

Little worry about this developer. For the past few years this developer it like building everywhere and everything, little scary .Some ppls said it like the old Goh Chun Lye style.

prosx2 :
Little worry about this developer. For the past few years this developer it like building everywhere and everything, little scary .Some ppls said it like the old Goh Chun Lye style.

If you so worried about it. Pls go for E&O, Mah Shing, IJM, BSG or SP Setia.

@prosx2 Don’t worry. Other big developers also build everywhere and everything. The differrence is this developer concentrate mostly in penang while other big deveopers concentrate everywhere in malaysia.

Ideal isn’t a tier 1 developer? What are the keys needed to be a tier 1 developer? Don’t mind me asking. Thanks.

What is the site progress? How many % Ideal has been collected from bank? So far only heard the progress from Block A

@venus

Ideal has been collected 35% included 10% DP for BLOCK B. But no much progress can see.

@Alvin
Alvin, can send me the broacher? sorry for inconvenience. :p, yongkhor@hotmail.com

hi Alvin,
still got any unit available?
can send me detail.thanls ya.

@Jordan
Ha ha, Alvin become agent……

Omg… I ain’t property agent or salesman.
You all can visit Ideal office for the latest info of their new project, Imperial Residence.

bump….. what is the site progress now and collection from bank?

@Dotz

But i yet to receive any letter from bank to collect money

@Samtec

Hi,
I wonder why need to pay 2nd 10%??
Developer offer DIBS, that mean we paid 10% + 90% loan, then we will start to pay installment after the project completed and get the key, right?

@Jacky
It could be that person just got 80% loan.

Why would u pay more than 10% now since it dibs.Wait until it VP n refinance it

@jenson
This is not related to DIBS. For those not able to get 90% loan from bank, they have to pay down payment of 20% out of 100% if their loan approval amount is 80% from total amount of property.The 1st 10% will pay prior of SPA signed and 2nd 10% will be on project schedule claim by developer.

any one buy imperial residences ? any advise?