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Mansion One

July 15th, 2011 Leave a comment

MAGNA Putih Sdn Bhd is investing RM200mil to upgrade and refurbish Mansion One (formerly Northam Tower) at Jalan Sultan Ahmad Shah, Penang, to comprise suites and hotel rooms.

Its director Adrian Tan said in an interview that the refurbishment work for Mansion One would be completed in 24 months.

There would be 277 semi- furnished suites of one to three bedrooms with built-up areas ranging from 581sq ft to 1,470sq ft.

The selling price for the suites ranges from RM670 per sq ft to RM950 per sq ft.

“There will be 110 hotel rooms. All the suites and hotel rooms face the sea and George Town city,” he said.

Tan said the suites would be targeted for local investors.

“The competitive edge of Mansion One is its prestigious address and that its management would be provided by a well-known hotel chain group with strong presence in Asia and the Middle-East,” he said.

Tan said the suites in Mansion One had room to appreciate by about 20%, as the neighbouring properties were already selling for about RM750 per sq ft.

“To add further value to Mansion One, the Hardwicke House, a heritage building, would be renovated to become a fine dining restaurant,” he said.

The Mansion One project will be showcased by Henry Butcher Malaysia (Penang) Sdn Bhd at the ninth Star Property Fair 2011 in Penang, which will be held at Gurney Plaza and the adjoining G Hotel from July 21 to 24.

Tan said Magna Putih was now negotiating to acquire two sites, one in Bayan Lepas and the other in the north-east district, for the development of boutique hotels.

“We are also negotiating to take over two pieces of land in Sungai Dua and Batu Gantong for condominium projects,” he said.

Organised by The Star in collaboration with Henry Butcher, the fair will be open to the public from 10am to 10pm daily, and admission is free.

To date, 28 major developers – representing almost all the big boys in the industry – along with several financial institutions, have taken up booths at the fair.

The fair will also see RM30,000 worth of prizes to be won for the “Surf, Click & Win” contest which is sponsored by IJM Land.

SOURCE: The Star

Categories: Property News Tags:
  1. jeff
    July 17th, 2011 at 22:53 | #1

    This should be one of the prime project right? Why so quiet, nobody interested? Priced at >600psf, and there is option for reno or not. The biggest concern is the need to fork out huge upfront of 35% base on selling price before discount (5+10%), easily talking about 150k here, and there is no assurance given when this can be re-funded back. The only statement given is that this amount would be re-funded within 1 month after the first draw-down from the bank, but if the S&P and sunsequent documents never being submitted, this can be delayed forever.

  2. pghome
    July 17th, 2011 at 23:30 | #2

    And this is from Ideal. You know what my concern is :)

  3. cindy
    July 18th, 2011 at 00:53 | #3

    is this mean this is not a good buy? what is the concern with Ideal?

  4. pghome
    July 18th, 2011 at 02:32 | #4

    For those are in the property industries long enough will know the track records of Ideal (and it’s brother/sisters company).

    Some of the projects developed by their related companis are:
    – Taman Krystal Park (under Cantum Kaya SB. – project abandon after 30% and declared brankrupt)
    – The CEO (under Ideal Property – launched 2006. Only deliver in 2011. Some buyers yet to receive keys till todate)
    – I-avenue (Rich focus)
    – I-regency

    Now… Another new company – Magna Putih SB? You can guess who is behind this company.

    Try to get loan from a bank which is NOT thier panel. Then you can ask the banker more question. They know more than us :)

  5. cindy
    July 18th, 2011 at 10:09 | #5

    wow, ya …thank u so much :)

  6. jeff
    July 18th, 2011 at 10:41 | #6

    Yeah..the deal is attractive but the risk is high, in fact my friend managed to get one 583sf, 1 car park, facing MBF tower but with side seaview, without reno/furnished option at ~580psf after 5+10% discount. This price is very reasonable considering the strategic location (centrally located, and next to gleneagle, could get tenant easily, nearby to gurney drive), and also when compared to the similiar projects currently (118@island plza >700psf seaview with no car park, SOHO@Gurney heard >800psf, studio at the light >700psf, studio at E&O >750psf sub-sale). Well I am still in the queuing list, i would observe how the banks reaponse to this project, and also the response during the property show to further decide.

  7. PenangBoy
    July 18th, 2011 at 10:56 | #7

    OMG ! i start worry… i’ve made RM5,000 deposit… You sure all his record are all BAD ? Totally no successful record at all ?

  8. jeff
    July 18th, 2011 at 11:07 | #8

    The reputation is indeed bad…I checked with quite a few real-estate agents and bankers, all of them basically given bad remarks about this developer. Accepting booking fees and not sending S&P for stamp, delay in projects, poor sales service, cash-flow problem, and much more. But putting all these factors behind, provided they can still deliver at the end, their building quality and design i would say still reasonable, I-regency, krystal point, I-avenue, I-suria, CEO, and also the under consutruction One Residence at Sg. Ara. Anyway back to this project, at least the northam tower building is already existing, i doubt that they can just run away from this. Anybody can help verify whether they ate the official owner of the building?

  9. pghome
    July 18th, 2011 at 12:54 | #9

    Magna Putih Sdn. Bhd. has bought over the building for RM70mil on 2008. Since the tower is named as “Ideal Suites”, the relationship between Magna and Ideal is a question.

    I think as long as the project is making profit for them, then you don’t have to worry. :)

    What concern me is the huge amount up front.

  10. cindy
    July 18th, 2011 at 13:30 | #10

    I think they don allow to sign S&P even you pay 10%, but only when you pay 25% that time only. Perhaps, not much details they provide, and they have to right to change all the terms and condition if not mistaken, with their poor reputation, they might hardly complete within timeline again if there are poor sales response

  11. xxx
    July 28th, 2011 at 15:45 | #11

    Guys ……….

    from what I heard, you could probably sign the s&p, but the developer ain’t gonna send it for stamping until it suits their jolly purposes.

    same case with “The CEO” project. s&p signed for 2 years, didn’t send for stamping, therefore the purchasers couldn’t claim for late delivery.

  12. jeff
    July 28th, 2011 at 18:45 | #12

    Interesting. So in this case of CEO, can buyers secure the loan, and can developer ask for bank draw-down without S&P being stamped?

  13. Rapid
    July 28th, 2011 at 19:57 | #13

    i smell some bullshitter already

  14. xxx
    August 1st, 2011 at 15:49 | #14

    with regards to the ceo project, the developer had a 3 year zero-interest thing, whereby the bank was not required to release the funds.

    in addition to that, people should check what caveats there are on the previous developments by this group.

    from what I’ve heard, not even half the purchasers received the individual titles……..

  15. MIsery
    August 26th, 2011 at 02:09 | #15

    For those buying this properties, better think properly. From what i heard, henry butcher will be selling a part of the building only, another part by another selling parties (not sure who). And a lot of banks cant finance or dont favour this project .

  16. PPP
    August 27th, 2011 at 12:33 | #16

    better be very careful …

  17. home88
    September 25th, 2011 at 01:10 | #17

    Anyone here have paid the 10% deposit, sign S&P and got the letter offer from bank?From what I know RHB,PBB & HLB had KIV the loan application of buyers.

  18. mone
    November 18th, 2011 at 17:47 | #18

    I paid for the first 10% but then decided to pull out. Too much a risk considering the subsequent 20% cash (to eligible for the discount) which have no guarantee as of when can be re-funded. There was a huge dilemma at that time but I have decided on this option, I do think that this is a good project in a strategic location with great neighbourhood and have huge appreciation potential upon completion – if successful.

  19. northam
    March 17th, 2012 at 01:36 | #19

    hi, no bank welling to loan for this project?? but, now inside office for rent all already move out, and they wanna to start the project… pls advise, i am in consider to buy… how much for the availabe unit, floor and price right now?

  20. angela
    March 17th, 2012 at 09:30 | #20

    northam, i was about to make a purchase, after listening to my banks,valuer friends, i decided to drop off my unit

  21. Steven
    March 17th, 2012 at 10:06 | #21

    Can share What did your banker, valuer & friends said on this project? Thanks

  22. Eddy K
    March 17th, 2012 at 21:45 | #22

    Pls share wat bankers or real estate valuers talk abt it? I was at PIP and they now giving 5%+5k. Upfront is now high actually. Will only strt repayment when project completed. I am keen but pls help to give more info.

  23. john lim
    April 17th, 2012 at 15:14 | #23

    thinking to withdraw..anyone give up for this project?

  24. iw
    April 17th, 2012 at 15:28 | #24

    Iam one of the early bird who booked early and opt for the >30% lump sum deposit. I have withrawn some months back as I don’t want >=140k of my money being held indefinitely.

  25. john lim
    April 17th, 2012 at 15:48 | #25

    by the way, what is the main reason you withdraw?

  26. iw
    April 17th, 2012 at 16:09 | #26

    @john lim

    I am not sure you are the early buyer. When this project was first launched, they offered some additional discount with condition that you have to put up some heavy deposit (cant remember exactly how many percent now). Some portion of this deposit can only be claimed back after bank has disbursed certain amount of money to them.

    So why i withraw? Because i don’t think it is worth it if i do not get the additional discount, at the sametime i do not want my cash being held.

  27. Steve
    April 17th, 2012 at 16:43 | #27

    Same here. Just don’t feel comfortable with the this project and how this is planned. Furthermore the company has no track of record (obviously it is a Ideal’s related company), who know what will happen after pay them big lump sum.

    Simple theory, why Ideal want to buy a new company (Magna Putih) to run this project instead of using their existing developer profile which already has good number of project running?

  28. JJ
    May 29th, 2012 at 15:21 | #28

    any1 know what is the current status of this proj?

  29. V LOVE PROPERTIES
    June 7th, 2012 at 12:36 | #29

    im one of the buyer of this project. seek the facts and true info from the agent or developer. i see lots of differ info from what i got

  30. Jimmy
    June 7th, 2012 at 13:44 | #30

    @V LOVE PROPERTIES
    please kindly share us the truth, thank you.

  31. V LOVE PROPERTIES
    June 8th, 2012 at 14:12 | #31

    i got clarification from the developer as well as some friends of mine that are related to the developer. the developer of this project is Magna Putih and Ideal is jus appointed by Magna Putih on the development of Mansion One. They cant be using big guys like IJM or Mahsing to work on it, common sense.

    One of the director bought Northam Tower few years back and with tenancy income. Magna Putih was formed to refurbish the building after they decided to build Mansion. The directors are experienced in this industry n with strong financial background. And here it goes with such a new concept in Penang. The first project with hotel residential. Track record showed in Hong Kong and Singapore. Successful.
    They r jus smart. The location is perfect for this concept. If the project were to be in other area of Penang, i would have think twice.

    In my personal opinion, for a company with no track record would make their first project to the best as their future company profile. especially when there’s a four star hotel attached they have to make it real good. I like the price of mansion compare to others in that area and soon by end of the month the price will be increased.

  32. V LOVE PROPERTIES
    June 8th, 2012 at 14:19 | #32

    The panel bankers are Ambank n MBSB. MBSB is semi govn institution. They should be very very strict in selecting projects and strict research done on developer background.
    Banks have to select well known developer with some records as this is their guideline. Therefore magna putih has the problem with panel banks. furthermore the project is under DIBS

  33. Eddy K
    June 15th, 2012 at 08:31 | #33

    Wat is DIBS? I bought a unit early this year based on strategic location at town area and good mix of residential plus hotel. Dun forget, there r not many sites left near the area for condo development. Overtime price will escalate. Imagine if some even big property grp keen on buying over the building.. Well, big pot of gold i see.

    Penang will continue to do well economically and I trust Lim Guan Eng administration will do a gd job.

  34. david
    June 15th, 2012 at 09:24 | #34

    DIBS = Developer Interest Bearing Scheme

  35. JJ
    June 16th, 2012 at 05:44 | #35

    Is this project already start internal construction?

  36. Stanley Hoo
    August 14th, 2012 at 15:09 | #36

    By the way, anybody can give me more comments on the developer? Is the project going on smoothly?

  37. Stanley Hoo
    August 14th, 2012 at 15:38 | #37

    By the way, is there anybody kind enough to update me what is the status of the developer? The constuction update? I have put in RM$5000 deposit already. The loan application process is really difficult and very slow. Even though the income is enough, but still the bank is keep asking for many more documents. Any problems on the project?

  38. Tan
    August 28th, 2012 at 20:18 | #38

    I don’t think there is any issue with Mansion One as I can see the progress is quite good when I passed by the site today.

  39. bhloy
    August 28th, 2012 at 20:26 | #39

    wish the Co. luck!

  40. eddiewoolier@gmail.com
    September 1st, 2012 at 01:49 | #40

    Beware EDDIE WOO “China Steel” / with Jiabaoyi Industrry S/B truck. Took my the deposit and can’t deliver the grill door he promise. I have talk to a few owners affected by this BIG lier. At first he looks like a good guy after getting the deposit turns ugly.. car no plate: PKH7355 white BMW share by the a Singh & Eddie. Will launch a police report and write to Ideal and management.. i just don’t want to see this people in the area. Others affected pls write to management too… will joint to take legal action towards Eddie Woo.

  41. jackie
    September 2nd, 2012 at 07:52 | #41

    Avoid Ideal as the developers.
    Can’t deliver in time, Change the outlook of the property.
    Bad reputation..there are many more to come, One Imperial 1, 2, Fiera Vista….

  42. jackieSux
    September 30th, 2012 at 11:07 | #42

    Sign S&P but stamp after 2 years?? Wonder how much they have to pay for late stamping or it is even allowed… For those who been to stamping and knows how it works, the dept will not stamp after certain period. Unless the developers doctored the S&P dates.

  43. Heng Lee
    October 16th, 2012 at 00:15 | #43

    From what I understand MP (magna putih) uses local agents (New Bob) to do their selling for them. They do not have a dedicated in house sales team.
    As to the huge upfront payment, I do not know where that came from. For what I understand all you need is 10 or 15% down. I heard they also have an instant 7% rebate that is applicable towards the downpayment as well.
    Stamp duty is 0.5% of the loan amount.
    Other than the fact the MP doesn’t really have any name recognition I am not seeing too many negatives to this property that is not inherent in any other property purchase unless someone here know something they like to share.

  44. Hunnyshinez
    November 25th, 2012 at 23:38 | #44

    Can buy or not this project??

  45. Eddy K
    December 6th, 2012 at 08:23 | #45

    Anyone visited the site? Construction and refurbishment looking good. Scaffolding was already up covering the whole building. Meaning they are now workin on the balconies. Good progress and should be ready by 3rd quarter of next year.

  46. JJ
    March 7th, 2013 at 16:02 | #46

    Any news on this proj? Good to buy?

  47. QW
    April 10th, 2013 at 12:32 | #47

    Any latest news regard this project ?

  48. QW
    April 11th, 2013 at 09:38 | #48

    Hi, any mansion one buyer, have any latest news ?? ….
    so worry am i invest wrong property..

  49. Man1
    June 9th, 2013 at 01:46 | #49

    Just check with the developer, expected completion date is mid 2014, then should need another 3 to 6 months for OC. Looks like by late 2014, buyers can start enjoy the stay there or rent out to make profits.

  50. KK
    July 10th, 2013 at 16:29 | #50

    not too worry about this project anymore. And you are sure to enjoy some profit after OC, do you want to sell?

  51. JJ
    July 11th, 2013 at 15:04 | #51

    Still a lot units left from developer?

  52. Man1
    July 12th, 2013 at 19:34 | #52

    KK, u wish to buy a unit there?
    Studio design suite is sold out as I check with developer earlier.

  53. JJ
    July 24th, 2013 at 14:26 | #53

    I read from news, the developer sold another 10units from the last property fair at Gurney/G hotel.
    Mean they still have other types of unit left.

  54. k90
    k90
    July 27th, 2013 at 03:15 | #54

    one unit of studio open for sales
    interested email me

  55. kabutol
    kabutol
    July 28th, 2013 at 00:16 | #55

    wat u email?

  56. kabutol
    kabutol
    July 28th, 2013 at 00:16 | #56

    still got unit,how much they sell?wat sft?

  57. k90
    k90
    July 28th, 2013 at 03:09 | #57

    shinpprop@gmail.com
    now with 7% rebate. 658sft.

  58. kabutol
    kabutol
    July 28th, 2013 at 16:04 | #58

    After rebate,how much?can send information to me,my email is sky_tanwc@hotmail.com,thx

  59. min
    September 4th, 2013 at 06:04 | #59

    The company has been promoting this project years back.

    There are still units unsold.

    Why?

  60. Pepsi
    September 13th, 2013 at 00:35 | #60

    Anyone interested in Mansion One,
    Unit below RM600K ( Fully Furnished )
    call/whatsapp: 016-4750441

  61. Vincent
    October 17th, 2013 at 19:36 | #61

    @pepsi how big is ur unit?? And how much will u let go?? Facing where??

  62. kabutol
    kabutol
    October 18th, 2013 at 13:44 | #62

    this project got any facility can use by owner?how much maintainan fee per month?

  63. JJ
    October 29th, 2013 at 12:27 | #63

    Garden n swimming pool.
    RM0.20psft for maintenance fee.

  64. gavin
    November 5th, 2013 at 13:51 | #64

    Hi anyone know what the price now for 658ft(unfurnished).tq

  65. kabutol
    January 27th, 2014 at 19:09 | #65

    got ppl know when will complete this project?

  66. Joke
    January 31st, 2014 at 10:13 | #66

    @gavin
    Very cheap only. Around RM620k.

  67. Eddy K
    February 3rd, 2014 at 20:23 | #67

    Anyone keen to buy a studio unit?

  68. kabutol
    February 6th, 2014 at 11:09 | #68

    got ppl know when will complete?

  69. wky
    wky
    February 11th, 2014 at 22:53 | #69

    620k wow price so high 940psft.

  70. KKK
    February 12th, 2014 at 17:13 | #70

    can OC around Oct 2014

  71. kabutol
    kabutol
    February 15th, 2014 at 15:49 | #71

    Why got diffrent about outside design?

  72. KKK
    February 17th, 2014 at 18:15 | #72

    what difference do you notice?

  73. kabutol
    February 19th, 2014 at 10:13 | #73

    why outside design at center one,got build one more balcony de?face gurney unit..

  74. winnie
    winnie
    March 19th, 2014 at 13:13 | #74

    A Few Unit In Hand!!

    (Direct From Developer)

    Promotion Package

    Free legal fee and disbursement for Sale and Purchase Agreement
    Free legal fee only for loan documentation
    Free 1 car park
    Free top & bottom kitchen cabinet come with branded hood & hob (2 & 3 rooms Executive Suite)
    Free down lights to Living Hall, Rooms, Kitchen area, Bathroom & yard (2 & 3 rooms Executive Suite)
    Free branded air-con to Living Hall & all rooms. (2 & 3 rooms Executive Suite)

    Please Call
    Winnie 012-416-9623
    cyhwinnie@gmail.com
    for Further Details

  75. winnie
    winnie
    March 19th, 2014 at 13:14 | #75

    A Few Unit In Hand!!

    (Direct From Developer)

    Promotion Package

    Free legal fee and disbursement for Sale and Purchase Agreement
    Free legal fee only for loan documentation
    Free 1 car park
    Free top & bottom kitchen cabinet come with branded hood & hob (2 & 3 rooms Executive Suite)
    Free down lights to Living Hall, Rooms, Kitchen area, Bathroom & yard (2 & 3 rooms Executive Suite)
    Free branded air-con to Living Hall & all rooms. (2 & 3 rooms Executive Suite

    Please Call
    Winnie 012-416-9623
    cyhwinnie@gmail.com
    for Further Details

  76. winnie
    winnie
    March 19th, 2014 at 13:15 | #76

    winnie :
    A Few Unit In Hand!!
    (Direct From Developer)
    Promotion Package

    10% discount
    Free legal fee and disbursement for Sale and Purchase Agreement
    Free legal fee only for loan documentation
    Free 1 car park
    Free top & bottom kitchen cabinet come with branded hood & hob (2 & 3 rooms Executive Suite)
    Free down lights to Living Hall, Rooms, Kitchen area, Bathroom & yard (2 & 3 rooms Executive Suite)
    Free branded air-con to Living Hall & all rooms. (2 & 3 rooms Executive Suite)
    Please Call
    Winnie 012-416-9623
    cyhwinnie@gmail.com
    for Further Details

  77. kabutol
    kabutol
    April 22nd, 2014 at 22:22 | #77

    may i know what hotel will operate?

  78. kabutol
    kabutol
    July 8th, 2014 at 00:10 | #78

    how about the progress??

  79. KK
    July 17th, 2014 at 17:05 | #79

    OC in Oct or Nov

  80. aston
    July 17th, 2014 at 21:25 | #80

    You look at the exterior loh, what hotel you think is willing to take up the management of the project? 3 star hotel at best. But the issue is this, if OC in Oct or Nov, any decent hotel would already have made known their presence there. Until now, I still haven’t heard any. Got cheated by Ideal AGAIN? Hahahaha!

  81. Eddy K
    July 21st, 2014 at 23:15 | #81

    They are still fishing….

  82. wky
    wky
    September 10th, 2014 at 16:16 | #82

    any buyer ballot ur carpark???

  83. kabutol
    kabutol
    September 15th, 2014 at 23:56 | #83

    actually how the progress now?and what hotel will operate?

  84. wky
    wky
    September 16th, 2014 at 23:12 | #84

    ask d n they just promise is 4star hotel but still cant announce yet.

  85. kabutol
    kabutol
    September 17th, 2014 at 13:20 | #85

    carpark need ballot?october can oc pass?

  86. MO
    October 15th, 2014 at 13:05 | #86

    anyone receive letter from development to asking we need to accept additional cost and expenses going to bare by buyer ?

  87. kk
    October 17th, 2014 at 15:11 | #87

    We have S&P agreement stated clearly, so far, no additional cost inform by developer.
    Do you receive?

  88. kabutol
    kabutol
    October 18th, 2014 at 12:26 | #88

    got ppl receive letter?what additional cost??oc so long still no pass?

    @MO

  89. kk
    October 20th, 2014 at 14:38 | #89

    OC by end Dec or Jan, developer bear interest and not too worry.

  90. MO
    October 20th, 2014 at 14:52 | #90

    @kabutol
    I received letter regarding upgrade the vinyl flooring to flooring tiles. (not sure is really upgrade or actually is downgrade the tiles quality)

    Just called and confirm with them is developer are going to bare additional cost.

  91. kabutol
    kabutol
    October 21st, 2014 at 00:25 | #91

    @MO
    u is fully furnished and renovated?

  92. kabutol
    kabutol
    October 21st, 2014 at 00:26 | #92

    dunno how about assessment fee,i think sure exp…

  93. MO
    October 21st, 2014 at 14:15 | #93

    @kabutol
    Yes, is studio unit.

  94. kabutol
    kabutol
    October 21st, 2014 at 16:10 | #94

    @MO
    how much u buy?seaview or townview?

  95. MO
    October 21st, 2014 at 17:03 | #95

    townview @kabutol

  96. kabutol
    kabutol
    October 29th, 2014 at 16:04 | #96

    anyone know which the hotel operate?

  97. kabutol
    kabutol
    February 8th, 2015 at 00:57 | #97

    Any here take keys ?

  98. wky
    wky
    February 11th, 2015 at 11:24 | #98

    yes me

  99. jojo
    February 11th, 2015 at 17:50 | #99

    the unit totally dont have the unit number. Need to try out every unit to find out ur unit…really silly!

  100. kabutol
    kabutol
    February 14th, 2015 at 17:42 | #100

    Ya no no. So funny hard to find my unit!and electric and water cert also no give….feel tat developer want fast pass house and dun want to bare interest

  101. owner28
    owner28
    March 9th, 2015 at 16:10 | #101

    Calling other owners who have signed up the renovation package,
    Would like to know if you were given the plan for the renovation? Would like to meet up with other buyers of mansion one next week to discuss on the kind of renovation that the developer is giving. As of now, the developer is not going to disclose the layout. Do you think this is logical?

  102. owner29
    March 10th, 2015 at 23:08 | #102

    Please open up a Facebook Page on Mansion One and gather the owner there. Then people will discuss among the issues faced

  103. JP Ken
    March 11th, 2015 at 12:24 | #103

    May i know who will be the hotel operator?

  104. cacing
    March 11th, 2015 at 21:08 | #104

    @JP Ken

    From the looks of it, you can almost say bye bye to the hotel. In fact, it’s better this way. Better than a sleazy no-star hotel. right?

    Ideal? what do you expect. You guys are already lucky that he didn’t run away with your money. Anyway, let’s see how this turns out. I can still vividly remember the buying frenzy at their sales office on the day of launching. The frenzy, the mentality of buying anything is better than buying nothing, almost like the one at Tamarind recently. Hehehe…:)

  105. wky
    wky
    March 16th, 2015 at 22:11 | #105

    i just complain to lawyer n developer about the monthly maintenance. we already starter pay for it but we still cant enjoy yet n until now still no response. all owner add this fb “mansion one resident”

  106. kabutol
    kabutol
    March 17th, 2015 at 00:51 | #106

    @wky
    ya,i agree with u,pay maintenance fee and no facility can use…zz!!and tat appointed contractor fat guy cant go la….

  107. steve
    March 17th, 2015 at 12:57 | #107

    hi owner28, i also bought a fully furnished unit. i thought the layout will look the same as what MPSB showed us in their sales package? is there more that we should ask from MPSB?

    also, MPSB told me that it’s confirmed that a hotel is coming in but again they just kept saying the hotel name is kept secret due to confidentiality agreement between MPSB and hotel operator. anyways, I’m not too worried about it because if they have anything less than 4-star, the unit owners can file a suit against MPSB because it’s stated in their sales package that it’s a 4-star hotel operator. MPSB is responsbile & obliged to get a 4-star hotel in to Mansion One. words are the hotel will only start operating earliest towards the end of 2015, just in time for the holiday season.

    one thing I find disappointing is low quality of the unit’s door. when you stand outside the unit looking at the door, it feels like you’re walking into a storage room, rather than a luxurious apartment.

    not really happy about the late charges BS and the early payment of maintenance fee. but small issues compared to the build quality.

    otherwise i have nothing much else to say about my unit. will inspect again when the unit is done being renovated and furnished. hopefully MPSB is serious about making Mansion One a real luxurious mansion, instead of low-cost apartment.

  108. Pam
    March 17th, 2015 at 15:17 | #108

    @steve
    Last I heard is that they don’t have a hotel operator yet and hence they are scratching their heads over it.

  109. steve
    March 18th, 2015 at 17:33 | #109

    @Pam
    yea i kinda feel that they’re just trying to buy time by coming up with the story about confidentiality agreement. but MPSB’s obligation aside, this prime location and also Penang’s booming tourism give me some faith. let’s hope for the best since there’s nothing much we can do at the moment.

  110. kabutol
    kabutol
    March 19th, 2015 at 01:18 | #110

    i want to do aircorn but they say cant do water pipe,need do water pump…zz,i said s&p no say like this,he say dun say to me about s&p….zzz,like tat developer!!

  111. owner28
    owner28
    March 19th, 2015 at 22:41 | #111

    mr steve,
    Concerning the renovated package, did mpsb specify how long is the kitchen cabinet? Will they give us the top and bottom cabinets as well. What is meant by fully fitted pantry cabinets? Did you agree to the 2 in 1 washing machine? Instead of 2 units washing and blower? Where did they intend to put the washing machine. It seems that they will not alter anymore and they will just lay out the furniture for us. But the package said alteration and renovation. Dont expect it to be like what you see in the show room. It might turn out to be a low cost flat.

  112. steve
    March 20th, 2015 at 14:03 | #112

    @owner28
    my line id is steve338888. you want to add me on line and we talk there?

  113. peekaboo
    peekaboo
    March 24th, 2015 at 10:10 | #113

    Like the owners on the forum, i am a disturbed owner. Have been down to the property twice and have had countless terrible experiences and am getting pretty sick and tired of their reassurances and nonchalant attitude……

    Till today, there is no unit no. on the door!

    When asked about the Hotel, the textbook answer will always be as follows: There will definitely be a hotel but at this point in time, we will not be able to disclose who the hotel management arm to prevent any unnecessary misunderstand between the hotel management and the developer. Both parties apparently received tons of job enquiries, etc, etc which apparently is causing them much stress? Sounds pretty much like an excuse to me and very much BS. Staff 1 told me that it will be ready in Q2 and Staff 2 told me that it will be ready Q4.. So the question now is who and when????
    Seems that OC is another reason why the hotel hasn’t’ started renovation? I felt i was treated like a fool when i head the below.

    When asked about landscaping as promised in the S&P, what “landscaping” are we looking at???? Again any textbook answer was provided…. Oh, we are not building from scratch and refurbishing an existing unit Therefore, MPPP will not provide us with the OC unless all the existing fixtures still remain. We even needed to spend ten and thousands of dollars to re-install the old-fashion elevator car park. Now OC is available, landscaping will begin and will be ready at the end of Q2.
    Since there is a delay in getting the OC and therefore hotel cannot begin working on that……blah blah blah blah blah…
    So now OC is available, i am waiting to see when landscaping will be ready and when hotel will begin their supposed renovation.

    Have called one of the law firms for this project with regards to one of a core facility that most people will be interested in i.e. The swimming pool. I was wondering if we could sue them for that. As indicated in our S&P, the service provider of the swimming pool will be the hotel. Therefore, if there is no hotel, there would be no swimming pool so there is nothing very much we can do about it.
    However, after a re-reading, pardon me if I am wrong but there seems to be no mention in the S&P that states that in the event there isn’t a hotel….. what will be the plan? So perhaps that is something that everyone could contest on.. Am still waiting for further info from other law firms.

    Apparently there is a Facebook page that a kind owner has set up.
    FB PAGE: MANSION ONE RESIDENT
    Guess all owners should join the group and list down all the problems so that we do not let the developer pull wool over our eyes with the tens and thousands of media proof answer that they have drafted!!

    No doubt, a lot of us, be it owners of bare units of fully furnished ones are facing tons of issues with the developer who have got staff who do not seem equipped to be dealing with out concerns and am sure that most of us are reaching our peak of super irritation. To the commenters not this specific page who have no stake in this development, it would be very much appreciated if you do not make comments like owners getting cheated by developer, etc, etc. It sure does not help anyone in this situation except make everyone more frustrated…. Think everyone needs constructive comments now and not jeering ones..

    At this point in time, we still do not know if we have made a wrong investment. There is no point crying over spilt milk but rather get the person responsible to wipe up the milk that he spilt!

  114. concerned
    March 24th, 2015 at 11:08 | #114

    @peekaboo

    Relak lah bro, this is Ideal mah, what do you expect? As if this is the first time buyers get played out by Ideal on this type of service apartment project. It has happened before, it runs in the family.

    Anyway, my feeling is, based on the quality of the property (or rather the lack of it), no reputable hotel operator would want to run it. Reputable as in 3-star and above.

  115. kabutol
    kabutol
    March 25th, 2015 at 01:36 | #115

    all owner can go to MANSION ONE RESIDENT facebook website to discuss!!

  116. jojo
    April 14th, 2015 at 15:35 | #116

    Mansion one studio unit for rent.
    Facing seaview
    Fully renovated and furnish.

    Interested please email jolo781@yahoo.com

    Thanks!

  117. Judy
    April 29th, 2015 at 13:33 | #117

    jojo, now with no Hotel operation >> no Swimming pool, no Landscape

    Single, only need the smallest Studio. I do not need loose furniture as I’d prefer to buy my own Ikea furniture/flexible. Basics like Aircon, Kitchen top, Electricity points ready for my daily use; Internet modems must be included in Tenancy contract.

  118. jojo
    April 29th, 2015 at 14:33 | #118

    @Judy

    OK, $500 nett.

  119. Judy
    May 4th, 2015 at 08:36 | #119

    @jojo
    1. we need to Skype to get a clearer pic. can I give u my Perth mobile as my Maxis I did not switch to Auto-roam
    skype patricia60330
    2. we can WhatsApps, LINE, KakaoTalk, not sure about VIBER
    3. Perth +61-4 789 60 852 only Apps with WIFI
    4. penangsecondhome@gmail.com

    thanks for offer of RM$ 500 (with Tenancy or monthly withOut contract)
    email to me pics of your Studio, and Electricity connected with recess lights ?
    my experience when I moved into 118 was a shock. Some electrical lightings are not wired from Day 1. I’ve to engage a new electrician n connect all “Not wired” electrical points so that my Internet modem can work.

    Call me on Perth mobile if U’ve that cheap Oseas calling card.
    Judy (Singaporean, Single)

    jojo – may i know if your r the Owner?

  120. jojo
    May 5th, 2015 at 14:56 | #120

    Judy,

    The reply of RM500 nett is not me.
    Definitively it is not that cheap for the rental at that area.
    You can email me if you interested to know more.

    Thanks!

  121. Judy
    May 5th, 2015 at 20:54 | #121

    jojo – i have a few owners willing to rent out at RM$ 550. I think the market rate right now should be just around there.

  122. Judy
    June 21st, 2015 at 09:59 | #122

    @jojo
    hey Jojo, U’re right. Someone use my ‘Judy’ to reply U on May 5 2015 at 20.54. I can prove that I was in Australia and without Wifi during that period. This is ‘sick’! Yes, of course I was surprised that in Penang there is a rental available at MYR 550. Thats why I alert u via email. In future, let’s stop communicating on this site. Someone is trying to tarnish Mansion One image. Jojo, I believe I have your mobile #?
    when I return to Penang, i must find out who is this culprit!!
    can someone teach me how to Delete my profile from this site please?

  123. m1
    July 23rd, 2015 at 15:10 | #123

    @owner28

    hi there
    how to i join in here. am one of the owner with renovation options

  124. momoko
    July 24th, 2015 at 15:15 | #124

    hi there how do i contact the owners. i would like to join in to complaint together i think that is a better battle with developer rather than individuals.
    i am in KL

  125. momoko
    July 24th, 2015 at 15:16 | #125

    please email me at momoko.momoko@gmail.com

  126. kelefe
    July 24th, 2015 at 17:12 | #126

    complain what lah? battle what lah? Basically this project is dead. All the owners got played out be the developer. Market is bad, product is bad, feng shui is bad. Maybe you can sell it to Gleneagles, they might need the extra space to store dead bodies.

  127. Scai Studio
    July 24th, 2015 at 18:18 | #127

    hi everyone. My company is an Interior Design company in Bukit Mertajam. We are specialize in residential and commercial interior design. For those who is interested can search through our facebook “scai studio” for more details. and dont forget to give a “Like“ if you like our designs. Thank you. :>

  128. kk
    September 19th, 2015 at 23:09 | #128

    Starbuck and Hotel is under renovation now.

  129. gg
    September 20th, 2015 at 11:15 | #129

    Another starbucks? There’s already one about 500m away. Anyway, no harm having another one, help Penang property a little bit by occupying unwanted shop lots. Also good for neighboring office towers like Menara Northam, MBF and BHL providing coffee service.

  130. 88
    March 30th, 2016 at 18:47 | #130

    Hi, anyone wanna let go mansion one or any units still available?

  131. KK
    March 31st, 2016 at 15:25 | #131

    are you a direct buyer or agent?

  132. 88
    April 1st, 2016 at 11:05 | #132

    DIRECT BUYER

  133. KK
    April 1st, 2016 at 11:18 | #133

    my unit is 955 sf, corner unit. Front seaview and side hillview, 2 bedroom + 2 bathroom. Interested? Kitchen, aircont, fan …all equip. you only need some furniture to move in.

  134. sophietay
    April 7th, 2016 at 11:30 | #134

    I am interested to buy a unit at Mansion One for own use with cheapest price. Please contact me. No agent please. sophietay@hotmail.com

  135. Owner28
    June 21st, 2016 at 15:43 | #135

    I have fully furnished 1 room corner unit for sale or rent. 625 sq ft. Anyone interested?

    • Kim
      February 22nd, 2019 at 19:01 | #136

      Hi
      I may be keen.
      May I have details please.
      Thankd

  136. Gerald
    July 1st, 2016 at 17:41 | #137

    2 beds, 2 baths
    any good offers?

  137. Alicia Toe
    September 30th, 2016 at 14:08 | #138

    I am a serious buyer. Any owner selling directly please email to aliciatoe@gmail.com

  138. Jimmy
    July 10th, 2017 at 02:29 | #139

    I am direct buyer, anyone like to sell at cheapest pricr

  139. Homestay
    November 29th, 2017 at 01:16 | #140

    i am interested to rent a unit with seaview plus fullly furnisheh in this condo . Condition that owner allowed for homestay business kindly pm me . wilson_ong6199@hotmail.com

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