Raffel Tower

December 1st, 2011 Leave a comment

Raffel Tower, 29-storey prestigious condominium built within Bukit Gambier, Gelugor. True essence of luxury 260 elite residences with only five units per floor, picture-perfect scenes abound wtih  sea view and hill view.

Property Project : Raffel Tower (formerly known as Raffles Tower)
Location : Gelugor, Penang
Property Type : Condominium
Tenure : Freehold
Total Units : 260
Built-up Area: 1,400 sq. ft. onwards
Indicative Price: RM700 psf. onwards
Developer : BSG Property

Location Map


Categories: Gelugor Tags:
  1. SK king
    December 1st, 2011 at 11:23 | #1

    how much a unit cost?? how big is a unit??
    Anyone have any idea??

  2. BatuKia
    December 1st, 2011 at 15:20 | #2

    price 400/sqft got 1400 and 1600 sqft. 5 units per floor.

  3. SK king
    December 1st, 2011 at 16:05 | #3

    another 400psft
    400 x 1400 = 560k??

  4. penang
    December 1st, 2011 at 20:13 | #4

    Actually there were 2 tower cranes on your left hand side when you towards Yap Chor Ee.
    Is it that the site? If not where else at Bkt Gambier?

  5. Eric
    December 1st, 2011 at 20:59 | #5

    It is located exactly opposite Ashley green semi D. It is not build yet

  6. penang
    December 1st, 2011 at 21:46 | #6

    Thank you.
    Will going to register for it 1st.

  7. Economic Crisis
    December 1st, 2011 at 22:33 | #7

    Very close to the Vista Gambier.

  8. Ken
    December 1st, 2011 at 23:22 | #8

    anyone what is contact number to register ?

  9. laksa
    December 2nd, 2011 at 07:51 | #9

    anyone can comment on the location? It’s nearby LMC…

  10. WK
    December 3rd, 2011 at 00:17 | #10

    Beside the school or the traffic light.

  11. Ah Qua
    Ah Qua
    December 4th, 2011 at 20:03 | #11

    Strategic location :)

  12. shtan
    December 6th, 2011 at 18:30 | #12

    Interested and want to know how much is the monthly maintenance fees. Pl highlight what are the facilities available. Is it 2 car park to a unit. Any idea when is the launching date and project commence when. Other information will be much appreciated

  13. SK king
    December 8th, 2011 at 12:00 | #13

    normally would be around 18-20cent per sf by today standard

  14. Ah Dog
    December 24th, 2011 at 22:05 | #14

    Anyone know the launching date? Still RM400/sf? Or still RM560k++? The price is really expensive. Wondering only 260 units, the maintenance fee will be at 25 cent psf.

  15. annonymous
    January 2nd, 2012 at 23:37 | #15

    560K is just a speculation price and by the time this project launches, I was told by “sum1” that you will have to expect an increase price to sum up around RM700K++ starting from lowest floor. That will be RM500/sqft and I was told that there are already more than 2000 people registered for that 260 units. you will be considered lucky enough if you can get a unit there first-handed. hmm, will this be a good investment? i have seen a lot of condos bigger than this 1 in sqft with the price tag of around RM600K-900K near that area still unoccupied. of course, considering they come from different developers.

  16. Wh
    January 28th, 2012 at 13:05 | #16

    As I know after cny they will launch soon

  17. Ah Dog
    January 28th, 2012 at 17:12 | #17

    Unoccupied? It is very normal now, and will be very serious after 3yrs from now as there are plenty of this 1000++ sft condos will be completed after 3yrs time….booming…..just wondering who can provide the ‘unoccupied rate’ of the houses in Penang Island, 50%? or higher? No one dare to say that….

  18. QE
    January 31st, 2012 at 11:24 | #18

    I m interested and have registered for the 260 units. My concern and curious wheather or wonder i can get that Rm400 p.sq ft because before i register i heard that no unit and no more this price and aready sold out. Then why do the launching????? Curios & disppointed…….

  19. Derick_Saw
    February 8th, 2012 at 23:52 | #19

    1400 sq ft hill view & 1600 sq ft sea view RM400 / sq ft

  20. duck
    February 9th, 2012 at 11:30 | #20

    too expensive…forget it…

  21. Dark_Vader
    February 10th, 2012 at 11:04 | #21

    Do you guys know where we can register for the unit?

  22. ivy
    February 16th, 2012 at 23:56 | #22

    when will it be launch?

  23. SL
    March 7th, 2012 at 09:02 | #23

    when going to launch? Interested.

  24. dave
    March 8th, 2012 at 11:01 | #24

    iv seen kiasu ppl like u who says forget it but will b the one rushing i the que..so typical….@duck

  25. Economic Crisis
    March 15th, 2012 at 10:14 | #25

    Launch already? All 1400sf are facing the main road, will be very noisy.

  26. KT
    April 2nd, 2012 at 13:24 | #26

    ald open for sales? what is the price range?

  27. wbk
    April 2nd, 2012 at 15:55 | #27

    Isn’t this BSG property the developer for Summerton and Sierra Residences? So fast launch another project while the other two just launched 2-3months ago? Must be taking opportunity of the property frenzy before everyone realized the property market already reaches its saturation point in Penang.

    Light Linear OC this June
    Light Point OC end of the year
    Summer place just OC
    Zan Pavillion just OC
    1-world OC in August
    1-world 2 OC next year
    Reflection OC early next year
    Elit Height just complete level 2
    Meridien just started the earth work
    Summerton just started pilling
    Southbay plaza just launched
    Vertiq just launched
    Oasis still under construction
    Fiera vista just started the earth work

    Not to mention those completed 2-3 years ago but yet to find their occupants.

  28. tt_2000
    April 2nd, 2012 at 16:32 | #28

    It’s useless to know the price now. Today they said non seaview unit is rm500psf and seaview unit is 600psf. but when they launch, the price might be change as well. Like Raffles 199, before launch they said 1.48m, when launch, it’s >1.6m.

  29. tt_2000
    April 2nd, 2012 at 16:35 | #29

    It’s GSD…. not BSG

  30. tt_2000
    April 2nd, 2012 at 16:46 | #30

    wbk :Isn’t this BSG property the developer for Summerton and Sierra Residences? So fast launch another project while the other two just launched 2-3months ago? Must be taking opportunity of the property frenzy before everyone realized the property market already reaches its saturation point in Penang.
    Light Linear OC this JuneLight Point OC end of the yearSummer place just OCZan Pavillion just OC1-world OC in August1-world 2 OC next yearReflection OC early next yearElit Height just complete level 2Meridien just started the earth workSummerton just started pillingSouthbay plaza just launchedVertiq just launchedOasis still under constructionFiera vista just started the earth work
    Not to mention those completed 2-3 years ago but yet to find their occupants.

    IP and More to come
    Qbes by SP Setia
    Setia Tri Angle by SP Setia
    Pavilion Tower at teluk kumbar
    Condo opposite Prestige Height by Palmex
    Sg Nibong Residence by PLBHomes
    Grace Residence at Jelutong
    Strait Garden at Jelutong
    Sierra East at Relau
    Sierra Residences at Sg Ara
    Garden Villa at Sg Ara
    Olive Tree at Bayan Baru

  31. New
    April 7th, 2012 at 20:54 | #31

    Where is Qbes?can u share more details.

  32. YK
    April 7th, 2012 at 23:16 | #32

    Qbes shld b the one located at Sungai Nibong. Just exactly at the back of Krsytal Point or opposite of Kwang Hwa Primary School. When u take flyover from Pesta to Bayan Lepas, take notes on your left hand side and you will saw SP Setia signboard.

  33. wbk
    April 8th, 2012 at 10:42 | #33

    Sure few days long Q before Qbes launch. And more than 70% sold during soft/preview launch. SP Setia ma.

  34. New
    April 8th, 2012 at 11:45 | #34

    I see.thanks for the info.do u guys hv any insights abt the price range of this Qbes and tentative launch date?sorry for diverting the discussion away frm Raffles….

  35. YK
    April 8th, 2012 at 12:41 | #35

    I don’t think so soon the launching date for Qbes. Next condo going to b launch shld b The Wave but also no date yet. Heard that SP Setia have a lot of land to b developed in Pg island. Don’t expect to have so called “cheap” price with the name of SP Setia and No. 1 Developer in Malaysia :)

  36. prop guy
    May 4th, 2012 at 15:18 | #36

    when is raffles lauching?

  37. prop guy
    May 11th, 2012 at 07:26 | #37

    @prop guy

    prop guy :
    when is raffles lauching?

    the wave location very far, not strategic

  38. Ah Dog
    May 21st, 2012 at 22:23 | #38

    So, when is the launching date? KIV? I think BSG very smart, this is not the right time to launch due to over supply. Need to wait couple years i guess? or, wait till after election? If Penang administration still remain the same, and putrajaya remain the same, then….jia lat….worst if Kedah and Selangor back to blue……

  39. YK
    June 14th, 2012 at 13:43 | #39

    Pelan Bangunan already approved. Anyone know when is the launching date & price?


  40. ybtaran
    July 3rd, 2012 at 12:03 | #40

    Just want to know, is the Raffles Tower launched ready? One of my friend said tower 1 is sold out ready.

  41. Penangite
    July 3rd, 2012 at 12:59 | #41

    Yup, i heard from my fren too.
    Minimum is RM750K onwards from developer. Mid floor can hit close to RM850K. Sub-sales or under table asking for RM50K just to change name. That is not worth it. I already drop this from my radar. Too expensive already.

  42. tt
    July 3rd, 2012 at 13:12 | #42

    Penangite :Yup, i heard from my fren too.Minimum is RM750K onwards from developer. Mid floor can hit close to RM850K. Sub-sales or under table asking for RM50K just to change name. That is not worth it. I already drop this from my radar. Too expensive already.

    Yes. i heard that too. i have one friend just book it. The price is about RM800k. Besides this, need to pay under table RM60k. it’s too ridiculous.

  43. Ah Dog
    July 15th, 2012 at 00:21 | #43

    RM750psf. Price start from RM1mil at least. Semi-furnished. Guess what, when it launches later, still will sold out very quickly.

  44. kk
    July 19th, 2012 at 13:52 | #44

    what so special on this project? beside highway with lots of noise?

  45. Daniel
    July 20th, 2012 at 17:56 | #45

    This location is not Tg.Tokong or Tg.Bungah and doesn’t command such high price.During last week property fair,sales staff told me 1600sq.ft cost 1.2 million & 1400sq ft 1.02 million.It must be crazy.Though I have registered but no way buying this condo.Might as well buy a five years old nice 3 storey house in Tg.Bungah ready to move in while this one still to wait another 3 over years.What will happen to the property market after that period,god knows.

  46. spongebob
    July 20th, 2012 at 18:13 | #46

    Forget about it. There are better deals elsewhere, at least in subsales market.

  47. wbk2
    July 20th, 2012 at 20:09 | #47

    nothing special. don’t buy

  48. wbk2
    July 20th, 2012 at 20:10 | #48

    for this one, i don’t think will sold out
    no view, bad location, bad access, noisy. no bus terminal though

  49. Pen
    July 20th, 2012 at 20:59 | #49

    U start believing in subsale market opportunity?

  50. spongebob
    July 20th, 2012 at 21:10 | #50

    Subsales or new launch, as long as good deal and make sense… Definitely not this one.

  51. Boon Siew
    July 20th, 2012 at 22:59 | #51

    The location is very strategic few access to town, Bayan Lepas, Air Itam, etc. The price from RM1mil onwards is because it comes with partly furnish. Nice environment with greenery and fresh air, very hard to get such natural environment, like Bukit Jambul Indah. It is developed by BSG, no risk of completion. Now it is at ~RM750psf, once completed, it can reach RM1000psf, or after 5-10 years from now, the typical price of Penang property will reach RM1000psf onwards.

  52. Pen
    July 20th, 2012 at 23:34 | #52

    @Boon Siew
    Ya. Salesman talk. You pay me $200k. I will complete the Reno plus the furniture for you. Semi furnish doesn’t justify the price at all.

  53. spongebob
    July 21st, 2012 at 00:15 | #53

    @Boon Siew
    Location is good but not prime enough to justify the price tag. And that spot is actually sharing the same lorong with 2 sekolah kebangsaan, go and experience the rush hours. In fact it’s not hard at all to get similar environment nearby, with better access, cheaper by 250psf at least, with the same potential to reach 1000psf in years. You do the maths.

  54. Boon Siew
    July 21st, 2012 at 11:53 | #54

    Just FYI, there is no RM250psf property at all for condo standard onwards (unless it is apartment, but also can’t get any, apartment like Tunas Muda’s TM Residensi also sell at RM300psf++). The current trend is at minimum RM400psf, in less than 3 years from now, all condo will hit above RM500psf easily, while good location and good condo will hit above RM1000psf.

  55. Boon Siew
    July 21st, 2012 at 11:57 | #55

    It is still very reasonable for the price tag to be at RM1mil onwards, else, Penang Property will lose it’s attraction and unique compared to any other area. I bet this project will sold out very soon once open for sale. Compare to KLCC area with RM3000psf, Batu Ferringhi area with RM1000psf, this one with RM750psf consider very cheap already.

  56. spongebob
    July 21st, 2012 at 12:33 | #56

    @Boon Siew
    I said cheaper by 250psf means 750-250=500psf, do you have maths problem? I’m not questioning the potential to reach 1000psf, but if entry cost 500psf appreciates till 1000psf means profit by 500psf, while from 750psf till 1000psf only with 250psf gain. Which makes more sense since both are within similar location and environment?

  57. Boon Siew
    July 21st, 2012 at 13:15 | #57

    Ops, I am sorry for didn’t get your words, yes, RM500psf at that area as of now, for both completed and new projects. But BSG project is always getting higher appreciation due to their quality is superb.

  58. Pen
    July 21st, 2012 at 13:26 | #58

    @Boon Siew
    Can “superb quality” justify for 150% of the market price? I doubt so, > 1 mio at this location? It won’t be fully sold. With this price, I can get IJM built property with sea view Liao Loh.

  59. Boon Siew
    July 21st, 2012 at 14:27 | #59

    IJM with sea view but leasehold, the price also not cheap, like Maritime Suite at the LMC area, close to garbage landfill area, also sold at RM500psf, without furnish. While Vertiq with mostly sea view blocked was sold at ~RM700psf. In such, i would say this one with RM750sf is very cheap, BSG will always use ‘red bricks’ and this in one of the quality features. Take a look on the Pearl Regency by IJM, no longer red bricks….

  60. Economic Crisis
    July 21st, 2012 at 20:08 | #60

    wow, after read few comments above, feel like this project very cheap and worth it, only RM1000psf, must buy if have some money :)

  61. Pen
    July 21st, 2012 at 20:48 | #61

    @Boon Siew
    And you conveniently avoided mentioning Bayswater and Platino.

  62. Boon Siew
    July 21st, 2012 at 21:27 | #62

    Those bought Bayswater are those lucky, sharp eye, smart in seeing it’s potential, and etc or whatever your want to call them. Yes, it was sold very cheap at that time as most buyers that time wondering want to go for Regency Height or Bayswater. Guess what, most people go for Regency Height as it’s good environment compare to Bayswater with highway & power plant. But Bayswater is one of the outstanding performers in appreciation. But now, the price has gone so high, although not yet RM750psf, but will soon reach. The location is strategic, but environment totally no good at all, busiest high way on island, unpeacefull crowd of people going into Tesco/e-gate/pearl regency, dusty, power plant, caltex gas station, etc. But Raffle Tower, location is strategic (although not that strategic compare to Bayswater), but the environment is greeny and peacefull (the Jln Bukit Gambier is moderate in traffic flow, at night, very less cars).

  63. Boon Siew
    July 21st, 2012 at 21:34 | #63

    In fact, BSG won’t simply put a price tag, very less quality location currently on island that is so suitable to build residential condo like this one, and Tg Bunga/Batu Ferringhi; why ppl still want to drive so far on narrow up & down road and deep into Batu Ferringhi? It is due to the environment, the condo like by the sea is going to break record pricing RM2000psf. Raffle Tower may not that nice with sea view, but green hills and nice far sea view and peacefull environment are the selling points.

  64. Boon Siew
    July 21st, 2012 at 21:40 | #64

    Look at the minden height condo called Palm Palladium, it was built on pity small land, units above 16th floor only will have 2 car park, small bath tub size swimming pool, no ‘visible’ lobby, narrow walk lane for human and car (must very carefull not to scratch your car when drive to car park); in overall, the design and layout was totally suck that so many empty original units until now, but, look at the price, it has gone up to RM550psf++ with one car park (for 1150sf unit). Only one reason, the environment is quiet, peacefull, green surrounding (thanks to USM) and fresh air. People still like it and thus the price can gone up that high. Why too many empty units, as the price too high and owners don’t want easily let go.

  65. letsgetfat
    July 21st, 2012 at 22:40 | #65

    Boon Siew :
    IJM with sea view but leasehold, the price also not cheap, like Maritime Suite at the LMC area, close to garbage landfill area, also sold at RM500psf, without furnish. While Vertiq with mostly sea view blocked was sold at ~RM700psf. In such, i would say this one with RM750sf is very cheap, BSG will always use ‘red bricks’ and this in one of the quality features. Take a look on the Pearl Regency by IJM, no longer red bricks….

    Probably some education for me. Why red bricks so important compare to other bricks? Do buyers care what bricks to use? Can red brick justified for expensive condo? Should red brick use as selling point? Red bricks to block tsunami or what? Hehe just joking.

  66. Boon Siew
    July 21st, 2012 at 23:16 | #66

    Haha, regarding the bricks, you will know after 50 years or less. Good or poor quality also will appear after ~50 years where we Malaysian still young in high rise residential houses, we are not there yet. Just wait, and see. In Penang, old high rise should be riffle range or 17th floor flat at Prangin/Pangkalan Weld; approaching 30 years may be, and both were built with red bricks, can they still able to last for another 30 years, obviously technically and material scientifically said ‘NO’. They need to tear down, and rebuild.

  67. Boon Siew
    July 21st, 2012 at 23:19 | #67

    Rebuild already very common in Hong Kong, USA and etc., where you can see very nicely tear down by ‘bomb’ and whole building collapsed nicely :) I sure you saw that in News. In Malaysia, rebuild also happen like recent flat at Cheras already approved to be rebuild due to building too old and can’t maintained.

  68. Boon Siew
    July 21st, 2012 at 23:23 | #68

    An article appeared in Sin Chew, a high rise residential building can’t last any longer than 60-70 years typically. In such, really doesn’t matter if leasehold or freehold title for high rise as it won’t last even till 99 years. But landed, the land is yours solely, you can tear down, then rebuild like what is happening on pre-war houses at georgetown, not even more than 100 years, but already ‘big renovation’ for several times (my grandfather’s house), and now, it is too old and dangerous for living (at Pranging)

  69. Boon Siew
    July 21st, 2012 at 23:30 | #69

    Btw, the high rise in Malaysia are not really earthquake protected (Petronas twin tower has high tech earthquake and wind protection; and penang bridge also has those high tech protection). So, when we talk about high rise, we can’t compare residential to ‘commercial’ building, like penang bridge once said it can last 500 yrs, Komtar can last few hundreds years. And what we can see New York empire state building already approaching 80 years from 1931, still very strong and new (yes, i went to the observation deck and can’t feel it already 80 yrs) due to good maintenance like petronas twin tower, need RM5mil a year in 1999 time to maintain (the price goes up even more as of now).

  70. Boon Siew
    July 21st, 2012 at 23:37 | #70

    So, when you hear some condo having cracks, sink, serious leaking here and there, then it is a sign of ‘aging’. Water is not small matter, it can make the whole building become weak (guess you know the theory well) Penang well known for example, Sunny View (~17yrs) and E-Park (~16yrs) that have many leaking from toilet that need to be fixed, N-Park (~15yrs) also seeing the trend, if they are not properly fix, then will affect the building structure. Not to say old building, new building like Palm Palladium also seeing lots of leaking problems, owners start complaining. So, don’t overlook the ‘quality’ issue and not all building build with same quality from different developer.

  71. letsgetfat
    July 22nd, 2012 at 00:40 | #71

    @Boon Siew
    Thanks for detail sharing. No doubt quality materials will improve sustainability. If BSG is serious on quality excellence, I think it should give some kind of guarantee/warranty with this price tag. Otherwise, it just saying and no evidence it won’t end up aging problem like you described above.

  72. wbk2
    July 22nd, 2012 at 00:47 | #72

    why care if last 50 years? buy and sell before that

  73. wbk2
    July 22nd, 2012 at 00:47 | #73

    750 for such lousy location is asking too much

  74. J & J
    July 22nd, 2012 at 01:19 | #74

    It’s the quality of cement works and the structural of building that count
    and not the bricks that cause the cracks. Leaking is cause by old GI pipes
    as the years go by and now poly pipes are use. Workmanship is another
    factor that caused leakages between the joints. Brick wall will cracks
    regardless red or cement bricks when a high magnitude of earthquake
    occur if it happens.
    It matters when it comes to freehold or leasehold. A freehold and a
    leasehold property with a value of 500k ,which would you choose to buy ?

  75. CK
    July 22nd, 2012 at 01:56 | #75

    Red brick is more dense and is better at sound insulation. It also means more privacy if you had a noisy neighbor. That is why reputable developers will still use red brick for the middle wall section of terrace houses even when the specification stated sand bricks.

    Why argue over bricks now. If you have got the fund and like it, just buy ler… Argue and Curse lah… It will not inflict the slightest dent to their project, especially giant company like BSG. I am placing my bet you would not have a platform to argue on bricks anymore 10 years from now. As the price would probably be 2000psf with sand bricks…

    The TRUTH is, buyers is already a winner. Beggers can’t be chooser… Be more constructive mind you? Cheers

  76. J & J
    July 22nd, 2012 at 11:22 | #76

    We are talking on issues such as cracks, freehold or leasehold and leakages,
    not sound insulation. If you have extra noisy neighbour, you need extra
    sound insulation material.
    “DO NOT” misled the public just because you want to sell.

  77. CK
    July 22nd, 2012 at 11:27 | #77

    Hahaha… You are so pathetic! I am a seller because i said something nice about this project? Your judgement says a lot about you… So, i can mislead the public because i said something in a property blog? Oh my….

  78. Spammy
    July 22nd, 2012 at 12:02 | #78

    All comments are spam. Spammy.

  79. wbk2
    July 22nd, 2012 at 15:38 | #79

    stop this nuisance people, buy or leave it. i only thnk location bad so can consider at 600/sqft

  80. WTF
    July 22nd, 2012 at 17:21 | #80

    do not think have enough units for the long list to grab. BSG is big business groups, most units should have already been reserved by their families, staffs and business associates. so no point to debate, unless u re sure u can get a unit in hand first.

  81. ss
    July 26th, 2012 at 08:42 | #81

    Anybody has the floor plan for this project?

  82. ST
    July 26th, 2012 at 09:48 | #82


    I think the location is good (with school; breezing hill; access to freeway; middle of the city) the only thing that cost the per/sqft high is due to their furnish. They should gives option for non furnish and furnish.

    I get the price is 580 per sqft before furnish.

  83. Penangite
    August 9th, 2012 at 14:48 | #83

    Im willing to let go my unit at 720pqst, anyone interested???

  84. spongebob
    August 9th, 2012 at 19:05 | #84

    Penangite :
    Im willing to let go my unit at 720pqst, anyone interested???

    Why not wait till 1000psf if the potential is so great? Or wait for another years until the market can absorb this kind of entry price range in bukit gambier area. Good luck.

  85. Pen1
    August 9th, 2012 at 22:05 | #85

    Penangite :Im willing to let go my unit at 720pqst, anyone interested???

    Buy Arena better, better location, only RM400+psf. This one location sucked. BSG what so big deal?? No where compare to Arena.

  86. Obamana
    August 10th, 2012 at 09:07 | #86

    Yes, should wait till RM1000psf then only sell, to demonstrate strong holding power that Penangites have. Hold long long, and you earn money, so simple.

  87. David
    August 10th, 2012 at 13:53 | #87

    Penagite…Hold…Hold…show your holding power. Penang propertise market need this kind of spirit. Jangan runtuh.

  88. MO
    August 10th, 2012 at 14:01 | #88

    another method spongebob can do is….get hold of all the owner of raffles tower ….together help char the price kao kao…. otherwise it take long time to reach 1000psf..

  89. ong kang meng
    August 18th, 2012 at 11:07 | #89

    got units for sale 0194048338

  90. YK
    August 20th, 2012 at 00:06 | #90

    Heard that selling start from RM1.03M onwards? Superb expensive for that area :(

  91. SWK
    August 21st, 2012 at 20:41 | #91

    this is really crazy price .. too expensive ..gone mad

  92. Buyer
    September 3rd, 2012 at 11:53 | #92

    Is confirm 750per/sqft and comes with semi furnish

  93. Penangite
    September 3rd, 2012 at 12:52 | #93

    I hav a unit to let go at a lower price of 700pqsft. The unit come with semi-furnish and nice view. Hurry!!!!

  94. jackie
    September 4th, 2012 at 23:39 | #94

    surin seems a better choice

  95. hahaha
    September 5th, 2012 at 00:25 | #95

    goreng goreng malaysia.
    mari, mari, mari beli, very cheap, $1.4m only.
    every penang ppl earning 50k per month, $1.4m sup sup water lar, pls raise the price further.

  96. Peter
    September 19th, 2012 at 16:02 | #96

    May I know how is the response for Raffles Tower? Very quiet here compared to other new launches.

  97. Tan Lai Bee
    September 19th, 2012 at 16:15 | #97

    it’s not apple to apple but check out Ferringhi Residence at around 600 psf

  98. Peter
    September 19th, 2012 at 17:13 | #98

    How is the sales of the Ferringhi Residence? Really interested to know the demand for residential in that area.

  99. Tan Lai Bee
    September 19th, 2012 at 19:13 | #99

    some news mentioned 15 units sold, some mentioned 25 units sold from the initial 60 units released, not sure if the difference is due to one block that has sold out, best to check yourself at the sales gallery

  100. observer
    October 25th, 2012 at 15:12 | #100

    i think the location is fantastic. Refreshing i’m sure. But the price… I reckon 99% of Penangites are already priced out of this project.

  101. Eric
    November 13th, 2012 at 11:59 | #101

    Raffles tower open for sale starting today at QB mall. Rm750 psf cone with furnished

  102. Investor
    November 14th, 2012 at 10:47 | #102


    Check out the renovation. Is really nice.

    Referring to your location – yes is really strategic and breezing at night.
    – Good and bad about full furnish.
    Can repay as part of the loan.
    Do not spend $ for ID design

    Standard design.

    I knew from the sales the renovation is almost 200K ++ that means the house price is 700K for 1400 (approx 480 / per sqft).

    Check out the design and you can decide is worth it or not

  103. Ubah
    November 14th, 2012 at 11:01 | #103

    Investor :
    Check out the renovation. Is really nice.
    Referring to your location – yes is really strategic and breezing at night.
    – Good and bad about full furnish.
    Can repay as part of the loan.
    Do not spend $ for ID design
    Standard design.
    I knew from the sales the renovation is almost 200K ++ that means the house price is 700K for 1400 (approx 480 / per sqft).
    Check out the design and you can decide is worth it or not

    Do we get Westin Heavenly beds for all rooms?

  104. powerfoo
    November 18th, 2012 at 16:42 | #104

    does any1 know wat de actual selling price?
    what de offer by bsg?dibs?

  105. Investor
    November 18th, 2012 at 18:09 | #105


    DIBS. 1400 fully sold out
    1600 facing sea 1.2mil

  106. powerfoo
    November 18th, 2012 at 21:46 | #106

    Thx.than how much 4 it?@Investor

  107. Investor
    November 18th, 2012 at 22:45 | #107


    Rm1.2 million for 1600 loading every floor 5K

  108. powerfoo
    November 18th, 2012 at 23:55 | #108

    There got how many types?
    I jz wana know 1400 is start at how much although is finish…@Investor

  109. Investor
    November 19th, 2012 at 08:18 | #109



  110. MO
    November 19th, 2012 at 08:31 | #110

    is there a show room to view? if yes where is it located

  111. ken kent
    January 21st, 2013 at 01:49 | #111

    hey buddy – the developer can be contacted – pleas call

  112. beckscum7
    February 14th, 2013 at 12:56 | #112

    BSG have a booth in Queensbay Mall this week showing Raffel Tower. But good luck to you if the salesgirl on duty want to serve you. She told me did you know its 700per sq and cheapest is 1.2 million as If i cannot afford to buy. Is it people problem or management problem.

  113. Ericlambert
    February 14th, 2013 at 14:26 | #113

    Who’s fault would dat be? BSG?…. BSG only acts according to wat purchasers wan them to sell it as demanded!

  114. beckscum7
    February 14th, 2013 at 16:20 | #114

    Read the comment again.
    Reffering to salesgirl attitude treating customer.
    You from BSG kah? Butt hurt?

  115. JackPg
    February 17th, 2013 at 23:32 | #115

    Went to the fair at qbay mall today. The unfurnished block sold out. The furnished block starts from 1.06M with rm760/sqft for 1400sqft. 1600sqft starts from rm1.23M. Free furniture including tv, fridge.. The free sofa is kind of ugly. Imagine everyone in the block has exactly same furniture. Only mattress is not given. They keep 700sqft for leasing later. So overpriced.

  116. JackPg
    February 17th, 2013 at 23:35 | #116

    So many sales boys and girls at the fair. And I guess their cny overtime is counted in the house price.

  117. PG Guy
    February 17th, 2013 at 23:36 | #117


    But still almost sold out right? We must thank the investors. As long as they have holding power, the market won’t crash.

  118. JackPg
    February 17th, 2013 at 23:46 | #118

    Still a lot left in the furnished block. Not a great location as the land there is below road level and too near a school. This is bad fengshui. Will be much better if it is across the road where ashley green is.

  119. JackPg
    February 17th, 2013 at 23:49 | #119

    When developer wants to charge such high premium for their property, everything about that property has to be perfect, including its surrounding area and land elevation, not keep saying location, location, location.Wh

  120. PG Guy
    February 17th, 2013 at 23:50 | #120


    Few months ago during the fair they said 1400sf sold out, and not many units left for the 1600sf. They release some director units now? Roughly how many units left?

  121. JackPg
    February 17th, 2013 at 23:54 | #121

    The layout and the design of the furnished unit is available now at bsg website.

  122. JackPg
    February 17th, 2013 at 23:59 | #122

    At least 10 units of 1400sqft left. Guess the directors want to ‘sub-sell’ their bookings and make rm100k profit each.

  123. Penang Homes
    February 18th, 2013 at 00:30 | #123

    Directors getting ang pow… big one by the looks of it……the little people lose again…..so what’s new in this world that we live in today?

  124. ck_100
    March 22nd, 2013 at 20:16 | #124

    Just noticed that the developer is offer some promotional package for this project at one mall in SP that scheduled on next week. Guess, it would be sky high price?! anyone know the latest psf?

  125. condomana
    March 22nd, 2013 at 22:24 | #125

    Just curious, assuming BSG can actually sell these units at RM700/sqft. how much would the condos in TanjungTokong/TanjungBunga be worth?

  126. pgkopi
    April 15th, 2013 at 11:03 | #126

    may I know how much is the maintenance fee for this? is it default 2 car parks? thx.

  127. laksa
    June 4th, 2013 at 22:44 | #127

    Wet market and food court going to be built next to centrio avenue. It’ll be super crowded in that area


  128. JK
    June 18th, 2014 at 08:23 | #128

    Few years ago you are arguing on the PSF price, but currently looks at the psf

  129. JY
    June 18th, 2014 at 09:37 | #129

    Is it going to have another high rise project from BSG at the end of the road of SK Bukit Gambier?

  130. huatchai
    June 18th, 2014 at 09:48 | #130


    Haha, yeah, thanks to BSG, i am really counting on them to jack up property price in bukit gambier, so that my properties in the north part of the island would shoot even more KUAT! I love you BSG!!

  131. Ed
    July 7th, 2014 at 23:17 | #131

    Anyone selling any units?

  132. Angel
    January 12th, 2015 at 22:46 | #132

    I have 600sf for sale.. blk B parcel 3A one bedroom for sale

  133. CMY
    February 12th, 2015 at 12:03 | #133

    I can see the construction reaching the roof already……

  134. Twiggy
    February 27th, 2015 at 21:40 | #134

    seeing the structure gives the impression it’s not a Million Dollar property.
    The color of the building and the balcony grill design it’s just not up to par.

    Hopefully the interior will be as expected.

  135. Twiggy
    February 27th, 2015 at 21:40 | #135

    seeing the towers structure gives the impression it’s not a Million Dollar property.
    The color of the building and the balcony grill design it’s just not up to par.

    Hopefully the interior will be as expected.

  136. CMY
    February 28th, 2015 at 10:10 | #136

    Did you buy a unit here?

  137. Twiggy
    March 4th, 2015 at 23:38 | #137


  138. Cheng
    March 24th, 2015 at 22:35 | #138

    1400sqft >1mil with furnished is above market value. BSG always sells at higher price.

  139. pkc
    August 24th, 2015 at 09:29 | #139

    completed ady?

  140. XYZ
    October 21st, 2015 at 11:42 | #140

    Should be getting keys in December.

  141. rent
    October 29th, 2015 at 08:28 | #141

    I gt 1 sea view unit for rent, any 1 interested can contact me at leebc84@hotmail.com, thx

  142. loke
    October 29th, 2015 at 11:23 | #142


    BSG’s modus operandi is :-

    (1) Sell at 30% discount to cronies, as in associates like architects, bankers, lawyers, agents of all sorts, bulk speculators, relatives etc. This will consist 50% of all units
    (2) Open to early birds (public) at 5% discount. This is another 30%
    (3) Open to everyone at anytime at no discount. This is another 10%.
    (4) When they hit 90% take up rate, price will be marked up +20% market value to make all buyers feel good. It’s ok if BSG needs another 10 years to clear the rest of 10% as they have already made good money selling that 90%.

  143. Matt
    November 2nd, 2015 at 21:06 | #143

    Am looking for a Studio Unit preferably corner unit, higher floor with 2 car parks. Please contact me at 019-2220018. Thanks.

  144. Lynn
    November 4th, 2015 at 13:53 | #144

    Anyone unit <1000 sqf for sales?

  145. TST
    November 9th, 2015 at 09:11 | #145

    I m looking for studio around 400 or 600 sq ft. Those who want to sell can contact 012-4751680.

  146. Ken
    December 1st, 2015 at 15:37 | #146

    Intend to sell furnished 1600 square feet block A .

    For serious buyer only.

    direct owner.

  147. alfian
    December 5th, 2015 at 06:59 | #147

    When oc expected?thanks

  148. awktsp
    December 11th, 2015 at 18:04 | #148

    Seriously looking a unit in Raffles, any owner here intend to let go their unit? kindly email awktsp@gmail.com,thanks..

  149. specc
    December 11th, 2015 at 22:30 | #149

    Don’t need to be serious, just go to mudah you will find hundred of units, price is dropping day by day, make sure you don’t buy too soon.

  150. aishie
    December 31st, 2015 at 00:38 | #150

    y ppl r seling?>

  151. archie
    December 31st, 2015 at 07:50 | #151


    Why not selling? More than half of the units are bought by short term speculators.

  152. Dave
    January 5th, 2016 at 11:07 | #152

    I have units that are for sale.
    1400sf and 1600sf at middle floor

    Please contact me at daroldtan@gmail.com

  153. ismail
    March 1st, 2016 at 13:13 | #153

    Need to rent car park at Raffel Tower. 0125116465

  154. Hydran Lee
    March 18th, 2016 at 14:57 | #154

    I have buyer looking for 1400sf, anyone have pls contact me, tq. Next wed viewing

  155. Erin
    April 20th, 2016 at 17:29 | #155

    Im interested buyer. Please provide me your contact details.

  156. Syl
    May 5th, 2016 at 23:25 | #156

    Pricing for this condo hasn’t plummet huh.

    Let’s wait until the other projects are completed, and we’ll see where Raffles stands in that crowd.

  157. wilson
    September 16th, 2016 at 21:30 | #157

    Owner who wishes to sell your unit of 1400sqfeet at Raffel Tower Penang, kindly contact interest buyer ,wongfls@yahoo.com.

  158. Greeny
    September 29th, 2016 at 14:32 | #158

    Being driving pass the blocks. At night looks very elegant and classy feel is there. If the unit transaction is not high, high possibility that those folks holding power is very high which means the price won’t suffer plump with those low holding power folks dump the unit like crazy. I think good for purchase if looking for value stability unit.

  159. pukichu
    September 29th, 2016 at 15:54 | #159


    During property slowdown, when those without holding power dump like crazy, it is the best time to buy. Why go and buy project that “high possibility that those folks holding power is very high which means the price won’t suffer plump”???? You don’t make sense at all. :))

  160. Woot
    September 29th, 2016 at 18:37 | #160

    When i see the walls surrounding the blocks, they don’t look classy at all

  161. Fq
    October 22nd, 2016 at 05:14 | #161

    Good place to rent with family ? How’s maintenance? And other things ..

  162. Kate
    December 14th, 2016 at 13:16 | #162

    I am interested with the unit with 1400 or 1500 sf. May I know how much is it?

  163. Samchong
    December 15th, 2016 at 01:24 | #163

    Looking for tower B high floor (above 18 floor) 1600 sqf unit… in good price …….

  164. Right property
    December 29th, 2016 at 15:02 | #164

    Many listing/units for sale. If u effort to own 1 just go ahead cuz u can’t find any other condo better that this Ard that area.

    For those never visit inside the condo called any agent arrange for viewing before u comment. 5 stars furnished and worth to visit. Good for own stay and long term investment but unfortunately I can’t effort to own one!

  165. Choong
    January 3rd, 2017 at 11:00 | #165

    Hi, may i know if your unit is still available pleas?

  166. tbk1688
    June 27th, 2017 at 17:12 | #166

    any standalone corner unit(not sharing wall with another neighbor one) for sale?

  167. Vin
    October 26th, 2017 at 16:01 | #167

    Hi, I am interested in the 1400 sure ft unit. May I know how much is the market price now?

  168. QQ
    November 7th, 2017 at 09:50 | #168

    You may search at Mudah

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