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The Tamarind

The Tamarind, a freehold executive apartments by E&O Property at Seri Tanjung Pinang, Penang. Located along Jalan Seri Tanjung Pinang 1, within walking distance to Straits Quay and Tesco. It is also well connected by strategic access roads to many amenities including schools, medical centres and shopping malls.

This development comprises two 33-storey towers of service apartments.

Project Name: The Tamarind
Location : Seri Tanjung Pinang, Penang
Property Type : Executive Apartments
Tenure : Freehold
Total Units: 1,104 (To be confirmed)
Built-up Area: 1,042 sq.ft. onwards
Indicative Price: RM 600,000 onwards
Developer : E&O Property Development
Estimated Completion : 2019

Location Map:

 

Contributed by reader (Update 18/07/15)

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  1. Lol
    February 23rd, 2015 at 09:26 | #1

    @Dragonfruit
    Hi Dragonfruit. Basically the nearer the unit is to jazz the cheaper it is. Your unit is further away from jazz hence the price difference. It is 95% sold now for block A. It has to be a good deal. Otherwise the take up rate won’t be that fast.

  2. Dragonfruit
    February 23rd, 2015 at 09:41 | #2

    @LOL ur unit facing jazz pool
    View but mine facing jazz car park…tink when u purchase price is better compared to launch date..
    m lil worried plus i m the lowest floor…
    Unit 7 is so called the corner unit as well ?

  3. snoopy
    February 23rd, 2015 at 10:28 | #3

    price :
    @CY
    Sales price is 967K, After discout 8% = 889K. and debate 5% = 844K. is @806/sf with Semi Furnised, Good View, Good Finishing, Good Area. Is it over priced?

    A big NO. The fair price is 1,000 psf.

  4. jean
    February 23rd, 2015 at 11:54 | #4

    @Dragonfruit

    what floor is jazz pool view? which floor can view it ?

  5. Gaga
    February 23rd, 2015 at 12:03 | #5

    @snoopy

    It’s not easy to sell condos with a price tag of RM1000psf today. In other words, RM1000psf is not a fair price.

    @Dragonfruit

    A unit facing Jazz is not that bad at all. Just like landed properties, most landed properties in Penang will have some houses facing you. And in fact, the distance is even nearer compared to high rise.

  6. jolly
    February 23rd, 2015 at 12:16 | #6

    anyone knows anything about Middleton??

  7. saul
    February 23rd, 2015 at 12:34 | #7

    where is the show unit?

  8. siaokia
    February 23rd, 2015 at 16:07 | #8

    Lol, I’m afraid it is too near to jazz residence. 40 feet only. To stack 15 should be 50 feet d. Also very near.. Our unit actually is facing north west, will it be very warm from afternoon sun?

  9. Peanut Butter
    February 23rd, 2015 at 16:55 | #9

    Anyone knows is this project is actually commercial? or residential?

    if commercial means have to pay 6% GST??

  10. Bthunder
    February 23rd, 2015 at 16:58 | #10

    @jolly
    Early bird will pay RM20k to book. initial 7%rebate and Rm 50k cash rebate upon completion.
    Price after rebate about 900k. Can view the showhouse at BSG…very nice!

  11. SS
    February 23rd, 2015 at 18:05 | #11

    @siaokia
    I think Unit afternoon sun is No.2, 2A, 6 & 8. If afraid it is too near jazz residence can give up, still many buyer are waiting ur unit. After 4 years completion i Belive tenant budget @ 2k – 3.5k will be move to Tamarind compare other old project, location near Tesco, strait Quay…,with 1 acre nice facility

  12. mel
    February 23rd, 2015 at 18:14 | #12

    Dragon fruit
    So your unit is $641k after discount and rebate?
    If yes, good price!

  13. Hi
    February 23rd, 2015 at 18:35 | #13

    Price 6xxK can buy E&O project in Tanjung Tokong, Apa u mahu lagi !!

  14. snp
    February 23rd, 2015 at 19:55 | #14

    Received email frm E&O will call sign S&P start 6 March onward. Hv 7 bank panel ; maybank, hong leong, Hsbc, Rhb, Public bank, Cimb, Affin bank

  15. Loan
    February 23rd, 2015 at 20:36 | #15

    @Lol
    If apply the loan after signed the snp ok ? After signed snp cant get loan or want cancel the deal may i know developer max charges us how much ?

  16. jean
    February 23rd, 2015 at 20:45 | #16

    Loan :@Lol If apply the loan after signed the snp ok ? After signed snp cant get loan or want cancel the deal may i know developer max charges us how much ?

    why u want so risky sign SnP before apply loan? I’m afraid if u cancel the deal after sign SnP u will lost the 5% downpayment u paid

  17. lol
    February 23rd, 2015 at 20:55 | #17

    @Dragonfruit
    yeah dargon fruit your unit is a corner unit.

    @Loan
    best to get loan first. Apply for loan and u will know the results in a week.

    @SS
    water park is 2.2 acres.

  18. Loan
    February 23rd, 2015 at 20:58 | #18

    @Loan
    I hv 2 housing loan, want do full settlement on one loan, so can get 90% for new loan but hv take some time to process. As i know if cancel deal developer cant take all 5% maybe 1% only but hv to see Snp first, am i right ?

  19. sunny
    February 23rd, 2015 at 22:27 | #19

    Uob not in the panel?

  20. Dragonfruit
    February 23rd, 2015 at 22:33 | #20

    @mel my unit is 675k after rebate and all…lowest floor 5th…but my unit 7 is bit higher on the price side but with litle extra benefits as discussed earlier

  21. Dragonfruit
    February 23rd, 2015 at 22:49 | #21

    @hi
    This project very highly densed…hence need to consider a lot of factor…not just grAb any project by E&O like mad..must calculate chun chun..penang lang ma…;)

  22. Ck
    February 23rd, 2015 at 23:02 | #22

    @Dragonfruit
    Oklah, pay for buy location, quality guarantee. many buyer want buy unit @6xxk also don’t hv unit to book, maybe u can try wait until oc, can see everything, calculate all chun chun but make sure not regret

  23. tom
    February 23rd, 2015 at 23:31 | #23

    manage to book 1 unit at 700k after all discounts, facing jazz, 24 floor…..is that good deal?

    one thing I don’t like is their info is not consistent, I ask this agent he tell me this, ask that agent tell me different thing….very confuse… now I don’t even know exactly what semi-furnish is including

    included:
    kitchen cabinet, hood + hob, sink (not include fridge)
    4 airconds
    water heater (storage heater type)
    water sprinkle on ceiling (maybe due to commercial title, water sprinkle installed in the unit)

    not sure:
    plaster ceiling on kitchen and entrance area
    plaster ceiling at toilet
    shower screen at toilet
    big mirror on both toilet

    Even the purchase of extra carpark, they also duno the procedure. Normally if we purchase extra carpark the carpark price is add together into the house purchase price, but this one they don’t mention it, and so fast want to sign S&P already….. so when to buy car park and is it by cash then ??

  24. Ck
    February 23rd, 2015 at 23:40 | #24

    @tom
    Good question ! I also booking with everything not sure. Hv any buyer here can share with us all chun chun

  25. Lol
    February 23rd, 2015 at 23:41 | #25

    @Loan
    If you own more than 1 house doubt the bank will give you 90% loan. I got 60% only.

  26. John
    February 23rd, 2015 at 23:46 | #26

    tom :
    manage to book 1 unit at 700k after all discounts, facing jazz, 24 floor…..is that good deal?
    one thing I don’t like is their info is not consistent, I ask this agent he tell me this, ask that agent tell me different thing….very confuse… now I don’t even know exactly what semi-furnish is including
    included:
    kitchen cabinet, hood + hob, sink (not include fridge)
    4 airconds
    water heater (storage heater type)
    water sprinkle on ceiling (maybe due to commercial title, water sprinkle installed in the unit)
    not sure:
    plaster ceiling on kitchen and entrance area
    plaster ceiling at toilet
    shower screen at toilet
    big mirror on both toilet
    Even the purchase of extra carpark, they also duno the procedure. Normally if we purchase extra carpark the carpark price is add together into the house purchase price, but this one they don’t mention it, and so fast want to sign S&P already….. so when to buy car park and is it by cash then ??

    Hi Tom ..did u get ur unit during the Chinese New Year launch? Or u did it earlier like some of the ppl here? Thx

  27. Dragonfruit
    February 24th, 2015 at 08:48 | #27

    Wonder if any of u here got a unit below 600k, price for type c from email
    Indicates 583k-940k…seems like majority here got ard 650k avg..

  28. Lol
    February 24th, 2015 at 08:57 | #28

    I know the E and O staff got one unit below rm600k. Lowest floor no view of unit 15.

  29. siaokia
    February 24th, 2015 at 10:53 | #29

    for ur 2 cent opinion stack 15 better view or stack 11 better view? Please comment

  30. steve
    February 24th, 2015 at 16:06 | #30

    Water sprinkler inside the unit ?

    sounds risky, someone else sets it off and your unit is ruined

  31. Dicky
    February 24th, 2015 at 20:22 | #31

    I go to the site
    The board there mention the tamarind is a service apartment
    Why a project close to 1 million but only put apartment not condo
    Will there impact our future value or limit the value grow up
    Thanks

  32. ml
    February 24th, 2015 at 21:05 | #32

    May i know still hv unit available ? when blk B will open ?

  33. goh
    February 24th, 2015 at 21:16 | #33

    yes Ml if you are looking for type A lowe floor i just contact e&O office that i am not going to proceed futher foe the unit i booked on last friday

  34. ml
    February 24th, 2015 at 21:30 | #34

    @goh
    Type A is big unit ? may i know the price ?

  35. Soulheal3r
    Soulheal3r
    February 24th, 2015 at 21:56 | #35

    @goh
    Hi Goh, what makes u wanna let go ur unit? I am still awaiting for my turn for anything below 800k. Can i have ur unit?

  36. Lol
    February 24th, 2015 at 22:09 | #36

    @siaokia
    Stack 15. If you compare pricing and potential view.

    @Soulheal3r
    Loan hard to get nowadays. It is easy to book with a cheque but to secure a 90% loan is very hard. Most likely you will get 60-75%. Type A unit is rm1 mill and above after discounts.

  37. goh
    February 24th, 2015 at 22:22 | #37

    yes big unit quoted at 933K

  38. goh
    February 24th, 2015 at 22:26 | #38

    type A 5ft floor unit 1 come with 2 car park after discount 8% and another 5% net price quoted to me is 933K but i already withdraw back my booking

  39. David
    February 24th, 2015 at 22:41 | #39

    @goh

    Hi Goh, what is the built-up area for RM 933K ?

  40. Price
    February 24th, 2015 at 22:59 | #40

    @David
    1372sf, 933K = 680/sf. After withdraw developer sure not sell with same price.

  41. Tamarind
    February 24th, 2015 at 23:01 | #41

    goh :
    type A 5ft floor unit 1 come with 2 car park after discount 8% and another 5% net price quoted to me is 933K but i already withdraw back my booking

    Is the unit you let go facing outer ring road or Tanjung tokong?

  42. David
    February 24th, 2015 at 23:14 | #42

    @Price

    Wow, it’s not a big unit.

  43. Lawrence
    February 24th, 2015 at 23:21 | #43

    @CY
    Which stack on level 15?

  44. 3R
    February 24th, 2015 at 23:43 | #44

    Developer using scare tactics. If 40% loan rejection rate of home loan were to follow recent trend, up to 40% booked units may be made available again to public. Rm680psf provide you with lots of option on subsale property in this area

  45. futon
    February 24th, 2015 at 23:54 | #45

    @3R

    Hi, I am interested in buying something in this area. Would you be kind enough to tell me more about the RM680psf property. Thanks in advance.

  46. Lol
    February 25th, 2015 at 09:45 | #46

    @goh
    Unit 1 faces the low cost flats. Low floor confirm no view.

  47. jam
    February 25th, 2015 at 09:49 | #47

    smaller unit with lower cost is much easier to subsale later… 600k threshold is safe bet…

  48. vai
    February 25th, 2015 at 10:32 | #48

    @jam

    with the current purchase price for cheapest unit already around 600k, what selling price do you expect upon O.C ? 800k ?

    from the reply of this forum, looks likely most of the purchasers get their units around 650k-750k (for non-seaview units) and this not yet add extra carpark price.

    would it be too high price (expecting 900k++ for non-seaview units) when OC?

  49. butter
    February 25th, 2015 at 10:37 | #49

    @vai

    Interesting question. You might get a surprisingly interesting answer from jam.

  50. sunny
    February 25th, 2015 at 10:53 | #50

    Are you all getting additional car park? How do they allocate the parking lots?

  51. Pr
    February 25th, 2015 at 11:09 | #51

    @vai
    Ya, we cant know the price after O.C. We cant know what can happen after 4-5years. Plan For own stay is save, like it just buy it. Plan For rent out also save, Tamarind is the nearest to tesco, tanjung tokong already hv stand by tenant just depend on renting price only. For plan for flip hv to depand on market price but if hv holding power also save…

  52. Fettes Park
    February 25th, 2015 at 11:29 | #52

    After thinking through. For this price and location.

    It is worth the buy as Seri Tanjung Pinang is a well known residential area with established amenities such as schools, restaurants, hospitals, banks and shopping complex near by.

    Sungai Ara, Relau, Bayan Baru, Ayer Itam, Paya Terubong, Teluk Kumbar.

    The selling price for Tamarind is also similar or the same with these few locations mentioned above.

    Therefore, I still choose Tamarind over the rest.

  53. Pr
    February 25th, 2015 at 11:38 | #53

    @Pr
    Ya, we cant know the price after O.C. We cant know what can happen after 4-5years. Plan For own stay is save, like it just buy it. Plan For rent out also save, Tamarind is the nearest to tesco, tanjung tokong already hv stand by tenant just depend on renting price only. For plan for flip hv to depand on market price but if hv holding power also save…

  54. ong
    February 25th, 2015 at 12:27 | #54

    goh :type A 5ft floor unit 1 come with 2 car park after discount 8% and another 5% net price quoted to me is 933K but i already withdraw back my booking

    is 5ft floor the ground floor? same floor with facility?

  55. jam
    February 25th, 2015 at 13:41 | #55

    @vai

    the threshold is still be around 600k when OC. it is wishful thinking that can sell at 900k by then.. good luck.

  56. Pr
    February 25th, 2015 at 13:57 | #56

    @vai
    Ya, we cant know the price after O.C. We cant know what can happen after 4-5years. Plan For own stay is save, like it just buy it. Plan For rent out also save, Tamarind is the nearest to tesco, tanjung tokong already hv stand by tenant just depend on renting price only. For plan for flip hv to depand on market price but if hv holding power also save…

  57. kkk
    February 25th, 2015 at 14:10 | #57

    @FettesPark

    Ah? Got idiot try to sell Paya Terubong property at RM700psf meh? Good luck to him lor!

    @jam

    RM600k when OC? Well, nothing is impossible, but the odds are very low. You have to get updated, look forward, and place your bet now.

  58. lil
    February 25th, 2015 at 14:33 | #58

    Which is the best unit to buy with the budget of RM750k?

  59. melanie
    February 25th, 2015 at 14:39 | #59

    If you buy to flip, then I guess you need holding power. For me, its for my own stay. So $700k for a >20th floor is a great buy. Comes with nice kitchen cabinets, timber flooring (I think this is teak floor), better than average bathrooms, aircons, free legal and stamp duty. What more can I ask for.

  60. vai
    February 25th, 2015 at 16:28 | #60

    lil :Which is the best unit to buy with the budget of RM750k?

    with budget 750k, you don’t have much choice, only the type C (1047sft) units facing jazz hotel. If you lucky enough to get some low floor sea view unit (if there is some people loan reject).

  61. lil
    February 25th, 2015 at 17:14 | #61

    Thanks vai. I meant rm750k (after discount) can’t get me a better unit? I thought most buyers got units facing the Jazz for less than rm700k. What abt the units facing tower b (non pool unit)?

  62. vai
    February 25th, 2015 at 17:25 | #62

    lil :Thanks vai. I meant rm750k (after discount) can’t get me a better unit? I thought most buyers got units facing the Jazz for less than rm700k. What abt the units facing tower b (non pool unit)?

    units facing tower B is actually more pricey than those units facing jazz hotel…… u might try your luck on those facing.

    not sure what else is left on the sales chart……yesterday they tell me got 1 unit (type C) on level 29, 8xx after discount.

  63. Ck
    February 25th, 2015 at 23:33 | #63

    @vai
    Ya, we cant know the price after O.C. We cant know what can happen after 4-5years. Plan For own stay is save, like it just buy it. Plan For renting also save, Tamarind is the nearest to tesco, tanjung tokong already hv stand by tenant just depend on renting price only. For plan for flip hv to depand on market price but if hv holding power also save…

  64. Ck
    February 25th, 2015 at 23:34 | #64

    Ya, we cant know the price after O.C. We cant know what can happen after 4-5years. Plan For own stay is save, like it just buy it. Plan For rent out also save, Tamarind is the nearest to tesco, tanjung tokong already hv stand by tenant just depend on renting price only. For plan for flip hv to depand on market price but if hv holding power also save…

  65. Rich Man
    February 26th, 2015 at 08:49 | #65

    The price of gurney park… 750k sea view unit, 650k no view unit.

    Gurney park is old, but better location, and residential title.

  66. steve
    February 26th, 2015 at 09:46 | #66

    @melanie

    $700k for >20 floor, is it facing jazz hotel, or poolview?

    I was told the mirror and shower screen (in the toilet) is not included in the furnishing, was that true?

  67. lil
    February 26th, 2015 at 11:05 | #67

    @melanie,

    Did you manage to get a unit > 20th floor for RM700k? Where is your unit facing?

  68. Sc
    February 26th, 2015 at 11:11 | #68

    i am able to grip a unit on 27 floor facing jezz type C at 699K is it a good buy?

  69. Pr
    February 26th, 2015 at 11:17 | #69

    @Sc
    699K mean After all discount 8% and 5% debate ?

  70. Sc
    February 26th, 2015 at 11:46 | #70

    yes listed price is 800K

  71. Pr
    February 26th, 2015 at 11:57 | #71

    @Sc
    699k = 667/sf = Good Buy. May i know for The Tamarind Hv to pay 6% GST on top of house price ?? Any can confirm ?

  72. Pr
    February 26th, 2015 at 12:12 | #72

    @Sc
    Tamarind hv some reno cost @ 40K compare with other project. so 699k-40k = 659K ( @629/sf), If compare with subsale hv cost lawyer fee & agent fee @ 35K. so 659k-35k = 624K (@595/sf). Worth buy or not ??

  73. MR
    February 26th, 2015 at 14:56 | #73

    Near new project Marinox, leasehold still hv few unit seaview 1260sf @1.06M , RM 841/sf , no any debate

  74. Rich Man
    February 26th, 2015 at 15:21 | #74

    Pr :
    @Sc
    Tamarind hv some reno cost @ 40K compare with other project. so 699k-40k = 659K ( @629/sf), If compare with subsale hv cost lawyer fee & agent fee @ 35K. so 659k-35k = 624K (@595/sf). Worth buy or not ??

    3 years ago.. Yes
    Now.. No
    3 years from now.. I don know

  75. AO
    February 26th, 2015 at 16:42 | #75

    Pool facing view
    https://www.pinterest.com/pin/275986283390967331/

  76. fgh
    February 26th, 2015 at 17:32 | #76

    @Rich Man

    If you don’t know 3 years from now, how would you know it’s not a good buy now?

  77. snoopy
    February 26th, 2015 at 18:08 | #77

    Rich Man :

    Pr :
    @Sc
    Tamarind hv some reno cost @ 40K compare with other project. so 699k-40k = 659K ( @629/sf), If compare with subsale hv cost lawyer fee & agent fee @ 35K. so 659k-35k = 624K (@595/sf). Worth buy or not ??

    3 years ago.. Yes
    Now.. No
    3 years from now.. I don know

    3 years ago.. Yes, Strong Buy
    Now.. Yes, Fair Buy
    3 years from now.. Yes, Sell What You Buy

  78. Dragonfruit
    February 26th, 2015 at 19:35 | #78

    Hi..since v r signing s &p soon…may i know the bank interest offered to u guys ? Got few bank quote 4.45% some lower but dunno whats the catch…
    @lol may i ask ur expert opinion on the banking loan ?

  79. Dragonfruit
    February 26th, 2015 at 19:38 | #79

    @steve
    The SA told me everything v see inside the bathroom included..before i purchase..

  80. chan
    February 26th, 2015 at 19:53 | #80

    high level calculation….if u get a unit at nett rm750k, consider the interest etc. the breakeven selling price is 920k. just to get opinion from all – how likely ppl willing to pay 1m (bet we wanna make just 100k profits) for high density apt of 1000 units. any view point?

  81. Lol
    February 26th, 2015 at 20:53 | #81

    @Dragonfruit
    It is around there from 4.4-4.45%.

    @chan
    I am sure foreigners loves this location and their minimum purchase price would be rm1 million.
    With their strong currency exchange it works out to be only sgd 388k or usd270k. You think r,1 million is a lot. Yes it is for us but to them it is not.

  82. MR
    February 26th, 2015 at 21:12 | #82

    @Lol
    The Tamarind Hv to pay 6% GST on top of house price ??
    what will built at beside Blk B vacant land ??

  83. Lol
    February 26th, 2015 at 21:43 | #83

    @MR
    Nope, we don’t have to pay 6% GST because I believed it is included in the final purchase price. The land next to block B will be a condo project by Ewein in the future.

  84. MR
    February 26th, 2015 at 21:57 | #84

    @Lol
    Hopefully the tamarind don’t have to pay 6% GST, Commercial title but we r sign the HDA agreement. I thinks the assetment will follow Commercial rate but water & ele will follow residen rate, am i right ?

  85. lil
    February 26th, 2015 at 22:04 | #85

    @Lol
    How do you know that?

  86. Bthunder
    February 26th, 2015 at 22:15 | #86

    @Lol
    Do u mean Ewein for City of Dreams?

  87. lil
    February 26th, 2015 at 22:22 | #87

    @Bthunder
    Yes. Did you ask mppp?

  88. MR
    February 26th, 2015 at 22:39 | #88

    @Lol
    How about the vacant land at between tesco and Quayside is belong to who ? what will be built there ? after 5 years around this area can be boom ?

  89. VerSus13
    VerSus13
    February 26th, 2015 at 22:44 | #89

    The project maybe high density based on the no.of units but if you use the land area divided by the no. of units then the density is ok.
    As per E&0 sales personnel, the water & electric bills will follow Residential rate and assessment will be Commercial rate.
    Does anyone know if sinking fund is included in the purchase price or not? If not what the amount or rate to pay?? Is it advisable to purchase an additional carpark lot even you seldom utilize it?

  90. MR
    February 26th, 2015 at 22:57 | #90

    @VerSus13
    Ya Agree, one floor 20 unit serve with 8 unit lift. sinking fund will pay when pay the maintaince fee @ 10% of M/F

  91. 8th
    February 26th, 2015 at 23:19 | #91

    May i know what facility hv at Tamarind ?

  92. steve
    February 26th, 2015 at 23:46 | #92

    MR :@VerSus13 Ya Agree, one floor 20 unit serve with 8 unit lift. sinking fund will pay when pay the maintaince fee @ 10% of M/F

    maintenance fee rm0.25 PSF….inclusive sinking fund?

  93. Lol
    February 27th, 2015 at 07:43 | #93

    @MR
    The land between tesco and quayside belongs to the state. It is suppose to be a tourism state building or an international school. It is not a condo for sure.

  94. Buyer
    February 27th, 2015 at 08:21 | #94

    Hi Lol,
    I thought the land next to tower B is government state land? Why Ewein is building a condo ?

  95. Lol
    February 27th, 2015 at 08:26 | #95

    @Buyer
    It is part of the land swap deal for the water tunnel. So that the state doesn’t need to come up with money to fund the water tunnel. All the upgrading of roads and a new promenade along gurney drive will also be done by the developer.

  96. Bthunder
    February 27th, 2015 at 08:43 | #96

    @Lol
    I tot the land is at the front of STP semiD, they plan to build City of Dream…

  97. Lol
    February 27th, 2015 at 08:56 | #97

    @Bthunder
    2 plots of land at STP1. 1.48 ha and 2.32 ha. 0.53ha of these will be set aside for TNB. The water tunnel cost rm6.5billion.

  98. Lol
    February 27th, 2015 at 09:04 | #98

    Rm6.5 billion includes the 4 main roads as well. Gurney drive, Batu ferringhi, Ayer item etc. anyway, let’s not run off topic. The land next to block B will be a condo in the future.

  99. MR
    February 27th, 2015 at 10:18 | #99

    @Lol
    Do u know that the total all how many carpark lot at Tamarind ? Still Consider want buy extra carpark (cost@38K) or not ? After O.C. I just plan for renting out my unit, normally tenant only need 1 carpark lot, what is ur opinion ?

  100. Fettes Park
    February 27th, 2015 at 14:56 | #100

    @MR

    For investment or own stay…1 car park is always not enough…Just buy when it is still available…

  101. MR
    February 27th, 2015 at 15:09 | #101

    @Fettes Park
    Thanks for advise, I Just notice many for renting unit at Quayside & the suits almost 1 carpark, still consider want buy extra c/park or not ? 38k not cheap already can buy 1 unit new proton saga car or 38k can spent on buy new furniture put at the unit.

  102. neha
    February 27th, 2015 at 17:49 | #102

    Assesment would be about 3 times the residential rates, about RM1900 or so per year. Correct me if i’m wrong.

  103. stevie
    February 27th, 2015 at 19:36 | #103

    @lol and MR

    The land closest to Quayside was sold to a Singaporean company to build a school, this was over a year ago. Not sure when they plan to build on it, right now its an eye sore

    The land closest to Tesco is where the Outer penang ring round will run through

  104. dea
    February 27th, 2015 at 20:12 | #104

    how much is the maintenance fee? sinking fund how much ?

    since this is commercial title service apartment, does that mean the maintenance fee will charge 6% ?

  105. neha
    February 27th, 2015 at 22:06 | #105

    Anyone disagrees with me on the triple charges for assesment rates?

  106. neha
    February 27th, 2015 at 22:10 | #106

    @dea
    Mintenance fee is 0.25cents psf. Sinking fund 0.025cents psf. 6% GST from management account only. We pay nett 0.25cents psf. In other words, it’s inclusive of GST in a way.

  107. HI
    February 27th, 2015 at 22:12 | #107

    Still hv any unit available ? My Budget @750K

  108. dea
    February 27th, 2015 at 22:22 | #108

    @neha

    does that mean rm0.25psf is inclusive of maintenance fee + sinking fund?

  109. neha
    February 27th, 2015 at 23:31 | #109

    @dea

    No.
    The total amount to be paid would be 0.25+0.025 = 0.275.

  110. Na
    February 27th, 2015 at 23:41 | #110

    Dicky :
    I go to the site
    The board there mention the tamarind is a service apartment
    Why a project close to 1 million but only put apartment not condo
    Will there impact our future value or limit the value grow up
    Thanks

    Apartment or condo just a name onlylah didnt hv any effect the value, at paya terubong hv Taman Lone pine condominium@ 300k , N-Park Condominium @350K. More Important the location, quality provide, landscaping….

  111. James
    February 28th, 2015 at 00:59 | #111

    Master xifu
    I bought one unit no 8 high floor
    Can this unit have sea view ?
    RM 85xk , is it reasonable ?
    Kindly comment

  112. Apple
    February 28th, 2015 at 01:12 | #112

    A few years later, you will know you make a right decision
    Many high end condo around and the price easily hit 1 million

  113. Ck
    February 28th, 2015 at 08:33 | #113

    stevie :
    @lol and MR
    The land closest to Quayside was sold to a Singaporean company to build a school, this was over a year ago. Not sure when they plan to build on it, right now its an eye sore
    The land closest to Tesco is where the Outer penang ring round will run through

    If is international school come, this area value will boom up

  114. eh
    February 28th, 2015 at 08:51 | #114

    @Apple
    the only drawback is this one is very high density – 1k unit

  115. dea
    February 28th, 2015 at 09:53 | #115

    James :Master xifuI bought one unit no 8 high floorCan this unit have sea view ?RM 85xk , is it reasonable ?Kindly comment

    high floor means? >15 floor? >25 floor?
    rm85x K is after all discount & rebates?

    you might have a little bit of poolview + seaview, but that depends on the building ‘angle’.

  116. Sim
    February 28th, 2015 at 10:19 | #116

    Agree
    But if E&O maintain the quality of the project
    Nothing much we can blame cause the tamarind is
    Freehold
    Prime area
    Future development
    Walking distance to Tesco and straight quay
    Any objection ?

  117. neha
    February 28th, 2015 at 10:25 | #117

    No comments from anyone on the triple charge on Assesment!

    Monthly outlay: condo and sinking fund fee 287 + assesment 180 = RM 467 every month. Thats a lot of doh th ‘throw’ every month.

  118. Buyer
    February 28th, 2015 at 10:34 | #118

    Yes. I believe E&O can be trusted. Last time when The Clover was launched, I almost book a unit. Luckily I did not proceed. Instead I bought another condo and made some money. So choosing a good developer is utterly important.

    For this Tamarind, I am planning to stay. I like it being near Tesco and town. With such good price, I am very happy to hope bought into this.

  119. Hehe
    February 28th, 2015 at 11:23 | #119

    @neha
    Bo pan leh, Very like the location. Maybe cut cost frm other, every mth cut one weekend entertainment to coverloh

  120. Hehe
    February 28th, 2015 at 11:28 | #120

    Maybe after O.C. all 1000 unit Residen group together and dicuss with penang state Gov to get some discount on assesment rate, we r only for residen use.

  121. Lol
    February 28th, 2015 at 11:28 | #121

    @Buyer
    Me too bro. I am very happy I managed to buy a unit here. Signing my S and P next week. Got my loan approved for 75% at 4.4% without MRTA.

  122. VerSus13
    VerSus13
    February 28th, 2015 at 11:32 | #122

    HI :
    Still hv any unit available ? My Budget @750K

    90% sold for BlockA..Probably, you can register with E&O on waiting list for those who drop out/loan not approved..BlockB is not open yet but you can also register with E&O for notification when it is open for sales..

  123. Hehe
    February 28th, 2015 at 11:32 | #123

    @Lol
    U r so many hse Why still can up to 75%, for 3rd not max 70% ? Hv Consider buy extra carpark ?

  124. Lol
    February 28th, 2015 at 11:47 | #124

    Yes extra car park included in the loan.

    @Hehe

  125. Buyer
    February 28th, 2015 at 12:05 | #125

    @Lol
    I am still waiting for my loan approval. But you so good can get 75%. After my 2nd property only managed to get 70%.This will be my 6th property. Hope can still get 70%.

    By the way which bank you using?

  126. Buyer
    February 28th, 2015 at 12:07 | #126

    I forgot to ask if can get loan for the extra car park. My booking form does not have extra car park included. If worse case need to pay cash but when they collect the $38k?

  127. Hehe
    February 28th, 2015 at 12:18 | #127

    My banker Said almost Tamarind buyer are more than 2 housing loan, Max 70%. All This buyer already hv experience can decide buy a property just use within 5 min only not same with my friend first time buyer until now left just few unit but still underconsider.

  128. tamarind
    February 28th, 2015 at 12:24 | #128

    Does anyone know for sure how much assessment is? I have booked a 1372 unit so am a bit concerned how much all these additional costs will be. Thanks.

  129. Bestbuy
    February 28th, 2015 at 12:30 | #129

    The purchase indirectly includes the car park price. Since it is 5% rebate. It is my 7th property. Anyway, this is certainly a good buy. Expecting at least rm200k appreciation upon completion.

  130. Hehe
    February 28th, 2015 at 12:40 | #130

    @tamarind
    As i Know for project Elit Height@Bayan baru, (1465sf) Commercial title, @half year RM850, 1 year RM 1700

  131. MARION
    February 28th, 2015 at 12:41 | #131

    Additional carpark – how may getting?
    I also unsure if can get loan for the extra carpark

  132. ah fat
    February 28th, 2015 at 14:14 | #132

    Anyone buy type c? C or a is better?

  133. tamarind
    February 28th, 2015 at 15:12 | #133

    Thanks Hehe.

    Does anyone know how rubbish is disposed from each unit/floor? (e.g. My brother’s HDB flat in Singapore has a rubbish chute in the unit itself). Thanks.

  134. Tan
    February 28th, 2015 at 15:13 | #134

    ah fat :
    Anyone buy type c? C or a is better?

    Type C – 1047sf
    Type B – 1241sf
    Type A – 1372sf

    Depand on ur budget, different Type & View hv different Price.
    All unit is good. Location is good, Quality is good…

  135. James
    February 28th, 2015 at 15:19 | #135

    James :
    Master xifu
    I bought one unit no 8 high floor
    Can this unit have sea view ?
    RM 85xk , is it reasonable ?
    Kindly comment

    My one is > 25 floor
    Can have see view ?
    The price is after all the rebate
    Is it reasonable ?

    @dea

  136. Milly
    February 28th, 2015 at 15:23 | #136

    Can some one share the interest rate and bank offer here
    Which bank is offering good promotion
    Do you think is needed to buy the mrta/ insurance
    Next week already want to sign s & p
    What we need to prepare before signing it
    Thanks

  137. Tan
    February 28th, 2015 at 15:31 | #137

    @James
    unit 8, high floor, hv many view, garden view, pool view, tanjung tokong view, seaview

  138. Tan
    February 28th, 2015 at 15:46 | #138

    @Milly

    Milly :
    Can some one share the interest rate and bank offer here
    Which bank is offering good promotion
    Do you think is needed to buy the mrta/ insurance
    Next week already want to sign s & p
    What we need to prepare before signing it
    Thanks

    So fast want to sign Snp, my loan didnt submit yet !
    interest rate @ 4.4 or 4.45 almost all bank is same
    Mrta i will buy 5 years
    When Sign Snp i think no noeed prepare anything just close one eye and sign
    Am i right ?

  139. JT
    February 28th, 2015 at 16:39 | #139

    Just signed my S&P today. Bought an extra car park as well. I am number 8th person to sign S&P today.

  140. Tan
    February 28th, 2015 at 17:59 | #140

    @JT
    Carpark @RM38k can put at loan or cash ? If buy carpark need prepare extra cash ?

  141. searching
    February 28th, 2015 at 18:55 | #141

    MRTA 5 years? Unless your loan is 5 years tenor, otherwise it doesnt make sense to buy a 5 yrs MRTA. Please do not get con by the banker. MRTA is not compulsory and they still can offer u the special rates without mrta.

  142. JT
    February 28th, 2015 at 22:22 | #142

    @Tan
    Can place at loan. They will revise it for you.

    @searching
    That’s right. In fact I recommend MLTA instead. There is no point buying MRTA.

  143. Kenny
    February 28th, 2015 at 23:02 | #143

    which bank can provide better rate ? as i will looking for house loan as well..

  144. searching
    February 28th, 2015 at 23:48 | #144

    JT,

    You can check if term insurance in malaysia will be cheaper. I got term insurance in singapore to cover my mortgages in malaysia. Cost 10% of MRTA only.

    off course, it will be subject to currency risk if anything happen.

  145. Tan
    March 1st, 2015 at 00:48 | #145

    @Tan
    Double confirm hv cover carpark RM38K, Non cover RM28K, am i Right? when sign s&p need prepare 10% for carpark price for get 1 extra c/park ? May i know tamarind project appoint with which lawyer firm ?

  146. homesearch
    March 1st, 2015 at 00:50 | #146

    @Bestbuy

    sincerely, i am hoping i can be like you and the others to own so many houses. i am thinking you must be earning big bucks or doing some business. How can you get loan with few properties on hand? mind to share?

  147. Js
    March 1st, 2015 at 11:40 | #147

    Penang density guidelines of 87units per acre is it still applied? Wonder why suddenly has so many high density projects?

  148. Land
    March 1st, 2015 at 12:09 | #148

    I thnik 87units per acre is for Residence Title only. Commercial title can more than that.

  149. Jenny
    March 1st, 2015 at 15:30 | #149

    less than 5% of units left for tower A. Only top floor units available. choices are limited now.

  150. Soo
    March 1st, 2015 at 15:45 | #150

    Do they say when they will stamp the S&P?

  151. Hehe
    March 1st, 2015 at 16:21 | #151

    when is completion year 2018 or 2019 0r 2020 ?

  152. James
    March 1st, 2015 at 16:43 | #152

    @Tan
    The most importance is sea view
    After listen to you, my satisfaction increase
    Thanks neighbor

  153. James
    March 1st, 2015 at 16:47 | #153

    Can some one explain the diff between MRTA and MLTA
    I ask the banker to quote 10 years MRTA , don’t know is it a right choice

  154. Pr
    March 1st, 2015 at 16:54 | #154

    @Jenny
    The Market is slow But Tamarind Still selling like Hot kek. When Blk B open sure the the price lagi high. Important is Location, location, location. Congratulate who r already booking the unit.

  155. best
    March 1st, 2015 at 20:00 | #155

    @James
    I also bought stack #8. Our unit got chance to see seaview from our balcony. We also get to see town view so at night the lights in the town will be nice. Don’t worry.

  156. steve
    March 1st, 2015 at 20:49 | #156

    @best

    stack 8 charge how much $$ higher compare to those jazz hotel facing unit?

  157. Pr
    March 1st, 2015 at 22:13 | #157

    when will be complete year ? 2018 or 2019 or 2020 ?

  158. Cheng
    March 1st, 2015 at 22:35 | #158

    MRTA is Mortgage reducing term assurance whereas MLTA is Mortage level term assurance. You need to pay once only for MRTA and the insurance premium is determined by your age and amount borrowed (insurance premium big amount ). Protection amount will gradually decreasing and should anything happen to you, the insurance company will pay off the balance of your housing loan to bank (beneficial will not get any extra cash). If nothing happen, your insurance premium will be eaten up gradually until your loan expire.
    For MLTA, if you are 40 years old, you only need to pay RM 300 per month ( for 20 years) to purchase a protection of RM500K and this protection amount is level and not decreasing until your loan expire. If nothing happen to you, you still have cash value at expiry date.

  159. searching
    March 1st, 2015 at 22:45 | #159

    James,

    MRTA is reducing term insurance. Say u buy a 30 years MRTA, if you die at the 30th year, the MRTA will pay 0 dollar. The insurance payout reduces as time passes. Depending on the interest rate the insurance company use, it will cover there about your outstanding loan at that very point of time if something happen to you. Therefore MRTA must be according to your loan tenor. If your loan tenor is 30 years and you buy a 10 years MRTA, if something happen you, the MRTA will definitely not pay enough to pay off your outstanding loan.

    MLTA is just like term insurance, renamed into a different name. If your loan is 1 mil, and you buy a 1 mil coverage for 30 years, if any time u die, the policy will pay u 1 mil which you will have excess after paying off the loan.

  160. 8000
    March 1st, 2015 at 23:28 | #160

    @Lol ur unit is stack 15 right? as i heard from the sales person jazz building to tamarind building is about 40feet. im also buying stack 15 at higher floor. how much feet do you think from jazz building to our stack 15? cn it be 60 feet? will it be affect to the value of tamarind?

  161. James
    March 2nd, 2015 at 00:01 | #161

    @steve
    My unit above 25 floor unit 8 is around 850k
    Can I check with you all
    1.above 25 floor facing pool/ sea view (10,12&12a)around how much
    2. Above 25 floor (2,2a &6 ) how much
    3. Above 25 floor (1,3,5&7) facing jazz how much
    4 above 25 floor (9,11,11a& 15) facing jazz how much
    Thanks ya
    Just to check the price around

  162. goh
    March 2nd, 2015 at 00:21 | #162

    My unit type C facing Jazz 27 floor Net after discount is 700K

  163. Lol
    March 2nd, 2015 at 09:02 | #163

    @8000
    Stack 15 is easily 60 feet away from the jazz residence. If you are going for stack 15 it is in fact a corner unit because the bigger size corner unit has it’s balcony facing the other side. So, our balcony faces the corner with no obstruction. Hence, there is a chance of pockets of sea view. Good choice neighbor.

  164. ah fat
    March 2nd, 2015 at 10:52 | #164

    anyone buying no.2 ? any comment? vs no.1 ?

  165. denmark
    March 2nd, 2015 at 11:09 | #165

    Unit 2 is somehow more expensive than Unit 1. Don’t know why.

  166. ong
    March 2nd, 2015 at 11:24 | #166

    ah fat :anyone buying no.2 ? any comment? vs no.1 ?

    I buy unit1. bcoz unit 2 is more expensive + facing low cost. unit 1 will face jazz hotel

  167. Jolly
    March 2nd, 2015 at 12:01 | #167

    Bought unit 17, anyone bought the same unit , mind share the price U got?

  168. KK
    March 2nd, 2015 at 13:10 | #168

    Jolly :Bought unit 17, anyone bought the same unit , mind share the price U got?

    why u not sharing what price u got, but ask ppl what price they got?…..funny.

    for the current batch of buyers, I believe the discount+rebate package is same……the price difference is solely depends on floor, view, and even unit number! that means you and your neighbor will have price difference (by few K / few ten K / hundred K) although both are same size.

  169. archie
    March 2nd, 2015 at 14:42 | #169

    block B no price increase?

  170. archie
    March 2nd, 2015 at 14:50 | #170

    everyone should share what price t hey paid for so can make a comparison to see whether the developer is taking buyers for a ride!

    every floor higher sea view is 5k additional
    every floor non sea view is 3.5k additional

    so just info for each type (any floor) and we can do the math…

    easy..

  171. funky
    March 2nd, 2015 at 15:23 | #171

    @archie

    I believe this is E&O’s game plan :-

    (1) Create a buzz during the preview launch of Block A.
    (2) The buzz will cause potential buyers to book their units in a hurry, resulting in 90% sold scenario.
    (3) Convince those who booked the units that they have got a good deal, so that they (the 90%) will “kuai-kuai” sign S & P.
    (4) Once Block A 90% S&P signed, make money liao. So when it comes to Block B, they can confidently fry the price
    (5) Every 10% price increment should nett them around extra RM50mil for Block B alone.

    So, coming back to your question of “Block B no price increase”? Your guess is as good as mine…:)

  172. jared
    March 2nd, 2015 at 15:52 | #172

    for sure block-B will increase price, it is just a matter of ‘how much increase’

    lucky for those who manage to grab a units on block A. For sure you all make on-paper-profits.

  173. Mia khalifa
    March 2nd, 2015 at 17:30 | #173

    In 3 years time all block A owners will make at least rm250k on top of their purchase price.

  174. AO
    March 2nd, 2015 at 17:45 | #174

    Mia Khalifa also bought The Tamarind? nice got celebrity in the house

  175. Bob
    March 2nd, 2015 at 18:16 | #175

    archie :
    everyone should share what price t hey paid for so can make a comparison to see whether the developer is taking buyers for a ride!
    every floor higher sea view is 5k additional
    every floor non sea view is 3.5k additional
    so just info for each type (any floor) and we can do the math…
    easy..

    every floor higher sea view is 8-10k additional

  176. steve
    March 2nd, 2015 at 19:11 | #176

    hi, how to contact the sales?
    im interested

  177. Pr
    March 2nd, 2015 at 20:43 | #177

    Who know the Total lot carpark at Tamarind. Who hv plan buy the 2nd carpark ?

  178. Pr
    March 2nd, 2015 at 20:48 | #178

    If plan buy 38k carpark when sign Snp hv prepare 10% (RM 3.8K)

  179. lil
    March 2nd, 2015 at 21:07 | #179

    I asked the same question abt total car parks but no proper answer by sales person.

  180. Banker
    March 2nd, 2015 at 21:23 | #180

    Wow
    The tamarind is the highest search ranking in feb 2015
    Is it mean a lot of people interested to buy but can’t get it

  181. Wah
    March 2nd, 2015 at 21:35 | #181

    Tamarind and nearby surrounding area sure will Boom within 4-5 years

  182. Mr Lee
    March 2nd, 2015 at 22:16 | #182

    If 1 person says that this is the best project then I doubt…

    But the majority agrees that this is the best project for 2015 then it is truly THE BEST…

  183. Bob
    March 2nd, 2015 at 23:19 | #183

    Herd mentality!

  184. Jo
    March 2nd, 2015 at 23:24 | #184

    @Bob
    You didn’t get one unit? You might have just missed an opportunity here.

  185. neha
    March 2nd, 2015 at 23:56 | #185

    38K for extra carpark? Wow! Will take 50 years to recover your money if rented out at 100 a month. Will pass on but car park money still not fully recovered. What an investment!

  186. JanL
    March 3rd, 2015 at 00:40 | #186

    @Mia khalifa

    50k-100k on interest before selling out?

  187. Bob
    March 3rd, 2015 at 01:19 | #187

    I got my unit alright, 12A lucky no, mid floor. I would be happy for a net 100K profits after deducting loan interests, rpgt, sales commissions and misc expenses. All said & done, the buying spree is still herd mentality though.

  188. Jo
    March 3rd, 2015 at 06:33 | #188

    @Bob
    It wasn’t for me though. I was there way before the herd came in. I went on a Friday morning. The herd came after apparently.

  189. Xavier
    March 3rd, 2015 at 06:50 | #189

    @neha
    Did you end up buying? An extra car park is necessary. It depends on your price of entry. For some of first, our nett price with 2 car parks is around rm700k for the jazz facing units. So it’s quite a good deal for the location. It is a branded developer, they don’t just sell you a unit and forget about you. They would have a lot of gatherings and events for its residents for many occasions. So it is also the added long lasting relationship and services you get from them. Recently they had the CNY celebration at Quayside with lion dance, buffet dinner, fireworks, lucky draw, entertainment etc. during Christmas they had a party for their residents too. During the Mid autumn festival as well.

  190. btrain
    March 3rd, 2015 at 08:30 | #190

    @Xavier

    E&O is over rated. Don’t buy a property because of those cheap treats (bulangsai, makan party etc). Buy for the location. I have to admit the location is good for this Tamarind.I got a unit myself. But I bought it not because of E&O, it’s the location and “bearable” pricing, not cheap please. If they sell at RM500psf, I call that cheap.

  191. siaolala
    March 3rd, 2015 at 09:43 | #191

    Rm700k only with 2 car parks? Car park view? Omg it is damn worth buying. Now still got unit available?

  192. Andrew
    March 3rd, 2015 at 12:12 | #192

    Today got news on STP 2

  193. James
    March 3rd, 2015 at 12:13 | #193

    Can we create a fb to discuss about the project for the buyer

  194. TL
    March 3rd, 2015 at 12:32 | #194

    The density for tamarind is about 150 per acre and the guideline is 87/acre. This is really a high density project no doubt. and is the main thing that I still can’t convince me to get a unit…what’s your view on this?

  195. ah fat
    March 3rd, 2015 at 15:19 | #195

    @Bob

    @Xavier
    I think the festive celebration and event just for Andaman, quayside ie the high range projects

  196. Samwise
    March 3rd, 2015 at 15:48 | #196

    @ah fat
    Nope. They invited all existing buyers from STP1. Including the terrace semi D and bungalows

  197. ah fat
    March 3rd, 2015 at 15:52 | #197

    @Samwise

    yes the terrace semi D and the bungalows are considered the high range.
    Hopefully this includes Tamarind in future

  198. jared
    March 3rd, 2015 at 16:01 | #198

    i notice straits quay mall management always organize various weekend activities to draw crowds. This is very good management to keep the surrounding area ONG.

  199. sammy
    March 3rd, 2015 at 16:24 | #199

    @jared

    That place is quite dead. Everyweek got mattress fair. Hopefully Tamarind buyers can help to make it happening again.

  200. ong
    March 3rd, 2015 at 16:31 | #200

    denmark :Unit 2 is somehow more expensive than Unit 1. Don’t know why.

    I believe it is bcoz unit 1 is closer to jazz hotel.

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