The Signature

September 24th, 2013 Leave a comment

The Signature, a 27-storey residential development by Excel Focus Properties in Perai, Penang. This development is strategically located along Jalan Baru within mere minutes drive from Penang bridge. It comprises 148 condominium units with indicative price from RM362,000 onwards.

Property Project : The Signature
Location : Jalan Baru, Perai, Penang
Property Type : Apartment/Condominium
Tenure : Freehold
Total Units: 148
Indicative Price: RM362,000 onwards
Project Website: http://www.thesignature.my
Developer : Excel Focus Properties Sdn. Bhd.
Marketing Agent: Reapfield
Contact No.: +604-288 1888

Street View
 

Image Gallery

 

Show Unit (with ID) – Contributed by developer (06/12/2013)

 

Show Unit (standard) – Contributed by developer (06/12/2013)

 

Site Progress – Contributed by developer (06/12/2013)



Categories: Prai Tags:
  1. Mainland
    January 15th, 2015 at 14:42 | #1

    @PeAcE

    Don’t simply shoot !!!! What I am saying is the real facts. Don’t dream of
    selling even 400k.Please grow up for the ignorant.

  2. PeAcE
    January 15th, 2015 at 17:57 | #2

    @Mainland
    Real facts ahh?? Wonder where you get your facts from. Simple thoughts….. If you bought it for 400K in 2013 or early 2014 (and after rebate), will the current market price in 2015 will be at 400K too?? Pls take into account the price after 1-2 years, the increase on materials/labors, the fact that the project is completed, not abandoned, with OC… blah blah blah. Come on! Even our current inflation will boost the price by at least few percentage. Not to say this is Penang property, even though it’s in Mainland not Island. Tell me one “newly developed’ property in Penang, the price during launch (soft or hard launch, whatever ) and the price after complete/OC is the same or lower?? Well, it’s not me dreaming, but you. Get you facts right and move on, bro! The other facts is, you don’t own a property in The Signature. Right? ….. My advice to you, if you able to source a property here for 400K, quickly grab it, or pls share it in this forum. It will benefit people like me. At least you will gain good karma..win-win situation mah… PEACE!

  3. PeAcE
    January 16th, 2015 at 10:54 | #3

    @Mainland
    Not even 400K? That was the price during launch (for higher floors) and after 1-2 years, you are saying the price remain the same? Even though the project going to be completed and then OC? In the last 1-2 years, no increase on construction materials, labors etc… Come on lah. Just take 1 contributing factor, the ‘inflation’. The inflation rate for the past 2 years enough to justify increase on this property price by at least few percentage. By the way, I need one favor from you. If you able to source unit equal or below 400K, pls share it in this forum so that people like me can quickly grab it :) . One fact for sure, you don’t own a property at The Signature :) . PeAcE.

  4. Mainland
    January 16th, 2015 at 12:55 | #4

    @PeAcE

    Just try the sub-sales market and Banks’ valuation report and that’s all you
    need to justify.

  5. rookie
    January 16th, 2015 at 12:59 | #5

    I wonder what is the rental rate for a fully furnished unit in The Signature? Can it be more than RM2k?

  6. Peraikia
    January 16th, 2015 at 14:35 | #6

    Absolutely yes.

    @rookie

  7. Spiderman
    January 16th, 2015 at 14:46 | #7

    @rookie

    More than RM2K rental ? Looks way off.
    Visit Palma Laguna property talk for your ref.

    Quotes, before discount, from nearby Palma Laguna for sell and rent are like below. Signature in the same road, same area, about same built-up but semi-finished can be slightly more expensive, but same price range.
    Usually, rental and selling prices based on tenants and buyers impression of market values that they willing to pay, not landlord or seller wishes.

    1. From joe81:
    Palma Laguna
    31st floor 1040sqft 4room partial seaview facing BM hill to let go at 380k(neg).
    interested, please email owner at pharoahe81@hotmail.com

    2. From itik :
    palma laguna 1040 sq, rent for rm 600

    3.From vin8282 :
    Hi, anyone interest Palma Laguna – 34th floor 1100sqft (4room) with 2 Car park, sea view
    – RM390K. please email me – vincent-ey@hotmail.com

    4. From saravanan :
    Pinang Laguna, sea view , 13th floor for rent, partial furnished.rent 1250
    contact owner 0164570867 .saravana_guy83@hotmail.com or kirubagari_85@hotmail.com

  8. CJ
    January 16th, 2015 at 14:53 | #8

    @rookie

    If you are able to rent more than RM2k, you are no more rookie, becomes master sifu already.

  9. andry
    January 16th, 2015 at 16:39 | #9

    @Ah Girl
    The school near to signature is not a leak, is a plus point, the railway track and mosque are being taken care off with installation of double glass window (developer already has a thought of it). The bus station near by the condo is definitely a plus point with better excess for the unit. If you do not understand how to choose a residential property location. I strongly advise you to go and attend some classes on property related topic especially residential and condo unit. I had bought more than 10 units of condo in various area near jalan baru and they never fail me so far.
    I believe with your “reverse analytically” brain and knowledge, you will never able to buy even one unit in this area. You chase after a bird but I feed a bird, see who can catch more birds at the end?

  10. andry
    January 16th, 2015 at 16:47 | #10

    @Mainland
    The evaluation is around 550K for signature, from reliable source.

  11. Mainland
    January 16th, 2015 at 17:21 | #11

    @andry

    Only from Bank’s valuation will determine the value of the property. Then quickly
    without hesitation sell this property to this ” reliable source “.

  12. Ah Girl
    January 16th, 2015 at 18:54 | #12

    @andry

    Where got ppl want to stay beside school if don’t have kids or if your kids not going to that school. Depend on what school ma. Also, where got ppl want to stay near buildings like local bus station or hospital. You take bus every day ? You go to hospital everyday ? Obviously, you have not stayed near railway track before, not just the noises, but mainly the vibration lah esp for tall building. Double glass window can help vibration meh ? You still tie your mindset to developer’s old marketing concept where property is advertised must near to infrastructures like school, bus station, hospital, etc which not needed by many on daily basis. You went to property classes BUT only know how to buy 10 condos near Jalan baru ? Jalan baru not even got 10 condo projects to buy. Obviously, you are not from local. Why should I buy one unit in this area ? So, you feed and catch handicapped birds lah, OR may not even real birds, so that’s why it is so easy ma. Probably they are chicks lah or Angry Birds. Cheers.

  13. Adam
    January 16th, 2015 at 21:53 | #13

    @Andry
    Agreed – the valuation from bank already reached around 600k. Just ignore those calling us being ignorance-:)
    I guess the are regretting missing d boat.

  14. Mainland
    January 17th, 2015 at 00:22 | #14

    @Adam

    My Dream News:

    The “Adam’s Bank” valuation for The Signature in Jalan Baru, Prai is around
    600k. Don’t shit around because I have property in B’worth.

  15. autoStore
    January 17th, 2015 at 06:08 | #15

    I guess most of the buyers for this project are not from local.

  16. autoStore
    January 17th, 2015 at 06:10 | #16

    RM600k from bank evaluation is definitely untrue.

  17. autoStore
    January 17th, 2015 at 06:11 | #17

    @Ah Girl,

    you forget MyDin leh…

  18. sun
    January 17th, 2015 at 07:40 | #18

    In Nov last year, one advertised for sale at 498k. Within 2months, the price up whoppingly to 600k. Wow, must be like a “day light robbery”.

  19. lol
    January 17th, 2015 at 08:57 | #19

    phase 2 only around 400k, wait another 3 or 5 years may be got such price or move ur unit to island:-D

  20. Mainland
    January 17th, 2015 at 10:34 | #20

    @sun

    You can advertise even above 600k but no takers and the price is way
    above bank’s valuation.

  21. winwin
    winwin
    January 17th, 2015 at 11:12 | #21

    @lol

    I did ask developer regarding phase 2, there was no news yet, they only mentioned most likely phase 2 is also luxury condo because of phase 1 successful sales. Did they release the price for phase 2 already ?

  22. Weng Keen
    January 17th, 2015 at 21:43 | #22

    Guys, all the newly launched condo in mainland is going for the range between 480 – 520 psft. This is furthermore luxury condo with handful of facilities that others’ don’t offer, adjacent to mydin, location is very strategic – central area to go to any place in mainland. Of course like all the properties, it has some drawback as in close to school and railway station. But the advantages outweigh the drawbacks by many magnitudes. Can u name me 1 location which is perfect? I am a seasonal investor with number of properties both in island and mainland and never seen a prefect property in my entire 15+ yrs of investment experience.
    You can judge ur self abt the sub-sales price and the launching price of phase 2.

  23. Adam
    January 17th, 2015 at 21:48 | #23

    @ Mainland
    I can pay you 50k commission if you can get me any unit at Signature for below 450k. I pity you for your ignorance abt properties in mainland. Continue to dream on.

  24. sun
    January 17th, 2015 at 22:00 | #24

    For 600k, I would rather buy double storey landed house (<10 years old) in Bkt. Tengah area adjacent to Song Bang Kheng road. Good location and easy access too. To come out from this condo, we can only turn left into Jalan Baru.

  25. Mainland
    January 17th, 2015 at 22:20 | #25

    @Adam

    Very naive, don’t try your luck with this property. If anyone is willing to buy
    will consider Wellesley Residence in B’worth. Definitely not this one.

  26. Uncle Ho
    January 17th, 2015 at 22:54 | #26

    Mainland,
    This project has the greatest track record. All units were snapped up within weeks. Furthermore, this is a rare low density and luxurious condo project. I think you are being naive here and not others. Pls check the track record of Wellesley.

  27. Mainland
    January 17th, 2015 at 23:08 | #27

    @Uncle Ho

    Opposite across the road 3 storey selling only 550k until balls become “big’. Are
    you the next one in line ?

  28. Rafiq
    January 18th, 2015 at 00:14 | #28

    Dear forum members, please don’t waste your time with people like ‘mainland’ who may be planted by competitors to cause stir. ‘Mainland’ is clearly being ignorant and lack of knowledge of property market in Penang. The track record and the positive comments in 5+ pages of this project are clear evidence of how this project is well received. You rarely see low density luxurious condo, strategic location and many amenities including largest mall, 5 star hotel etc. coming in this area. Good luck to those waiting for OC. I’m sure the price would have been appreciated considerably.

  29. Mainland
    January 18th, 2015 at 01:11 | #29

    @Rafiq

    Yes might appreciated to 400k. Call for Banks’ valuation to prove me wrong.

  30. autoStore
    January 18th, 2015 at 09:32 | #30

    I am a buyer before for a 2nd hand house. I usually ask for bank evaluation and see if this property worth for buying. Let say seller ask 500k, bank evaluates 450k. I would then ask myself if i really like this? If i “super” like it and enough for my budget, i would then go for it after 2nd round of negotiation.

    I think bank valuation is a must, coz we need loan from them 90% out of it. This is normal case lah.
    Sellers have the rights to ask any price they want (for example: RM600k), buyers need to go through a deep consideration as many other buyers do or as mentioned above. if both parties reach consensus, then SOLD.

    One thing i want to hightlight here is that, no right or wrong we ask for any price we want to sell our properties.

  31. Just Passby
    January 18th, 2015 at 22:16 | #31

    Maybe those spammers are staying in Bukit Tengah or Bukit Mertajam? The existence of Signature and coming developments jam their way to cari makan through Penang Bridge?

    Come on, if you to solve this, no need to bomb here, just buy Laguna, you can stay closer to the bridge. Or you not afford to buy but just bomb here?

    As I know professional valuer will charge for valuing, hire a proper valuer first before you bomb. If you are not able to, means you are not able or not ready to own a house, just like those optimistic person waiting for market falls, peeing and barking around.

    End.

  32. Mainland
    January 19th, 2015 at 01:15 | #32

    Just call the panel banks of this project and you will have the loan amount
    they are willing to finance. Very simple.

    Why not ask for 800k if no right or wrong to sell your properties ?

  33. rookie
    January 19th, 2015 at 08:21 | #33

    Well well well, not yet OC already make chaos. Good sign, more critics, the better it is.
    The entrance of the condo is still pending for final touch up, can see the roof top tennis court lights up during night time. Fantastic!
    My 2 cents, this developer is trying to build up the reputation for their first project in northern region. Hopefully the workmanship and quality of the materials are up to luxury par.

  34. andry bird
    January 19th, 2015 at 13:41 | #34

    @Ah Girl
    Look like you easily heat up, a person like this can’t make good judgement.You are entitled to your opinion but I think you should not be in property market. Or again my advise to you, go and invest a little money to gain more knowledge about property market.
    I am buying one unit in Tamarin by E&O, what negative opinion you can can give? is it beside the seaside is consider as a leak? because the vibration from the sea?

  35. andry bird
    January 19th, 2015 at 16:45 | #35

    I had sold my unit in kelisa, any one want to sell the signature at 450K can contact me.

  36. Cannon
    January 19th, 2015 at 17:02 | #36

    @andry bird

    Just trying to fool around by saying buying one unit in Tamarind ? Do you
    think everyone is a fool like you ?

  37. Nelson
    January 19th, 2015 at 17:30 | #37

    Tamarin by E&O? I heard is a very good project. Wanna to check it out

  38. Cannon2
    January 20th, 2015 at 13:11 | #38

    @andry bird

    Tamarind or Tamarin ? Tamarind is by E&O. Tamarin is fake product, by yourself kut.
    Seaside no leak, no vibration also, just beware of Tsunami waves water gush, rush in, strong wind blow in, not leak one.

  39. Rafiq
    January 20th, 2015 at 20:15 | #39

    How come no news from ‘mainland’ ? Still dreaming of buying this property for 400k? Dream on.

  40. Chocolate
    January 20th, 2015 at 20:27 | #40

    http://www.nanyang.com/node/675642?tid=686

    If only u know to read mandarin.

  41. Adam
    January 20th, 2015 at 21:02 | #41

    @mainland
    Are you ready to take my earlier challenge of 50k commission if u can find me unit with less than 450k? I’m ready with the cash.

  42. Can
    January 20th, 2015 at 21:27 | #42

    @Rafiq
    @Adam

    Just get me a bank’s valuation.

  43. rookie
    January 22nd, 2015 at 08:55 | #43

    @Chocolate
    If bubble really happened, I think the significant impact could have happen on the million dollars properties but not the one less than 500k kuah. Price may be constant for a while. Anyhow, with the population increasing, people still need shelter. So, house is still in demand.
    If hard to sell with high price, still can rent out …

  44. mahsing
    January 22nd, 2015 at 09:21 | #44

    Not every buyers who own < 500k property has strong holding power during bubble burst period. So, it may impact all.

  45. Signature fan
    January 24th, 2015 at 20:05 | #45

    Had a chance to view the site today. Very Impressive work from developer so far. Almost 90% complete. Look fwd for OC.

  46. Randeep
    January 25th, 2015 at 00:11 | #46

    @ Signature fan
    Do you know when phase 2 is launching? I saw signboard while back but no news yet.

  47. nelson
    January 26th, 2015 at 11:06 | #47

    understand OC by the chinese new year? at the same time launching new phase 2 ?

  48. Lai Ching
    January 26th, 2015 at 22:17 | #48

    Wow…OC b4 CNY.. That’s great.
    I’m waiting to tangkap 1 in phase 2 as well. Keep me informed frenz. Thank you.

  49. chua
    January 27th, 2015 at 10:49 | #49

    Hi, how you guys know the OC obtained date will be prior to CNY? Just wondering because I had sent an email to signature@reapfield.com to enquiry on the estimated completion date and there is NO respond from them at all.

  50. lee
    January 27th, 2015 at 11:06 | #50

    @chua

    I pass by last weekend, road and drainage yet complete, I think impossible to get before CNY

  51. lau
    January 27th, 2015 at 11:27 | #51

    @Lai Ching
    same here :D please inform me too if there’s Phase 2 available.

  52. Chocolate
    January 27th, 2015 at 11:43 | #52

    Where is phase 2? Behind the car dealer?

  53. Miss A
    January 27th, 2015 at 13:35 | #53

    I have lost my reapfield agent number…Anyone of owner here have Mark (Reapfield agent for this property) phone number?

  54. booka
    January 28th, 2015 at 19:00 | #54

    i have seen the latest updated picture of the common area. lobby and etc.. very impressive work. i wont really bother for those who are saying so much negative stuff for this project. as im very satisfied with my purchase. thats all matter :)

  55. Lai Ching
    January 28th, 2015 at 23:10 | #55

    Exactly booka. I visited the site today as well. You can have the luxury feelings. Impressive work from developer. I’m indeed satisfied and very happy to invest on this property.

  56. aalex
    aalex
    January 29th, 2015 at 08:04 | #56

    Where can see latest photos or information? Pls advice. Thanks.

Comment pages
1 ... 3 4 5 8669
  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)

If you have any unit for Sale/Rent, click here and talk to one of the Negotiators/Agents.

Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • Please do not advertise your property here. You may submit your property for sale/rent at PenangPropertySale.com.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.


Property For Sale/Rent

FOR SALE/RENT

Sorry, there is no available unit for sale