Setia Pinnacle
Setia Pinnacle, part of Setia Greens residential development in Sungai Ara by SP Setia. 434 units of GBI (Green Building Index) rated condominium with size ranging from 1,050 sq.ft – 1,470 sq.ft. It comes with full condominium facilities, grand drop-off point and elegant entrance foyer.
Property Project : Setia Pinnacle
Location : Setia Greens, Sungai Ara, Penang
Property Type : Condominium
Total Units : 434
Indicative Price : RM500,000 onwards
Developer : SP Setia (Kewira Jaya Sdn Bhd)
Almost zero downpayment with expensive selling price. U know well who pocket the profit and who pocket the risks.
No need to keep reminding us the risk.. :p heard that every year…
wow..seems like selling like a hot cake.. only left with unit which cost Rm620k and above..
Actually the cheapest psft units are 1515sft. RM425pft after rebate and comes with 2 car parks. No wonder selling like mineral water, sap sap.
Is there any show unit???
Got A4 photostat paper with layout … All still sapu near finish… Ironic isn’t it? Just joined the band wagon.. Hope we does not become a laughing stock… :p cheers …
Show unit not ready yet and already finish… fantastic… another feather in SP Setia’s cap….
reminding? own $ own risk, who care.
All fully booked?? Wow
Hill view units also sold off aready? Can anyone tell?
@michael pu
Still have many bumi units.
@Ubah. Thank you.
Hi.. anyone interested in looking for loan? could offer better than market rate..pls email angieoh@yahoo.com
What is the HSBC best rate?
@ Ubah.. Im from OCBC.
Hi guys,
I’m planning to get a unit in pinnacle. I’m from KL and planning to go on Wednesday. Besides the bumi units, are there other units available?
Also when can we know the availability of units due to loan rejects.
Just trying to see if its worth my trip all the way to Pg. Called their office to find out but SA say so far only open to vip. Not cooperative.
Hi Gai Gai. I believed the early bird offer has come to the end – 11/11/2012 ( 9% rebate ).
You may try your luck to visit them on Wednesday.
Ok tq
GAi GAi.. I just drop By just now. Seems that limited units available n facing hill view. City view all fully booked except bumi lot. Hill view unit left is at around level 33.. With the price of 700 k plus or 800 k plus…:((
Thanks Michael Pu and Hunnyshinez.
If 700K ++, its already future pricing already. Too ex!
Hill View orientation if not mistaken is North West. May have problem with evening sun. Nevertheless, i’ll visit SPS on Wednesday and see if they can release any Bumi unit (not sure if they can do). I’m only a small Ciku. Or perhaps some who have booked and now backing off.
Try luck only la. Budget is around 600+ only. Own stay.
Gai
this is very tall building built on chopped elevated ground. I still remember how bad our highrise & landed shook last year. Safe if it’s for investment….
Yes, hill view is facing west. U will have evening sun problem.
City view is facing east, it will be ideal to own it.
Today i drop by the office…seems like a few units left…City view all habis…only hill view..
but its top floor.,..which means more expensive..
level 33..is around 700k plus.. Gosh..
So laku….
Wei..i thought city view is facing north west?
on the first vip launching day, (wed) i reached there at 10am all city view has taken up except for two units located at top flr.
Yes, SPS always sell their property at future price, not worthy to invest.
Hi all.. I’m planning to organize a meet up with all the setia pinacle buyers to discuss on the loan thing together. If we could borrow loans together.. I believe we could have a better negotiation power with the bank.. For those interested.. Pls email me.. And I will link up all the buyers together.. Angieoh@ yahoo.com
I thought you are from OCBC?
@Hunnyshinez
City view is not facing north west but the east side. Hill View is facing north west…
Nowadays got air conditional, facing west not a big problem anymore. Just may be additional RM30 monthly to your electricity bill.
@Ubah
Hi Ubah.. Yes I am..That is why Im trying to gather all the person that is interested together… and could explained in more details about the package..
As I understand from Rachel (Setia sales rep) , Upon booking, u guys were given 2 weeks to settle the application of loan?
If yes, no harm to meet up and understand better on the package…
R u one of the buyer?
Hi, all
Setia has a list of panel bankers’ name and contact number in office (HSBC, CIMB, MBB, UOB, PBB, OCBC, HONG LEONG, ALLIANCE BANK, AMBANK & STANDARD CHARTERED).
For those who are buying 3rd property for investment, you need to approach MBSB which can offer up to 90%.
@penangsean, what is mbsb?
@KK
MBSB = Malaysia Building Society Bhd
KK,
Come join us…my gang already have 4 person..
SP Setia is a reliable developer and buying island properties is better than buying mainland properties…..
Anyone can tell me how much is the monthly maintenance fee?
@Alfred,
RM0.25 per square feet
RM0.25 per sq ft sounds reasonable…. I heard maintenance will be free for first 3 years after OC…..SETIA is a good and reliable developer…… I hope they will launch more projects on island….. I doubt they would bother with mainland…. they would leave mainland to the other 2 and 3 tier developers to sweat it out there while they concentrate on the better, premium island ones…. smart of them
What is OCBC best rate with >5 people taking loan from you? blr-2.5 up to 40 years?
First 3 years zero maintenance fee? Another reason to buy Pinnacle.
start selling? i saw their banner in gurney showing exclusive preview on 29th nov…. am i too late?
Still have many bumi units.
@Ubah
Are you trying to tell bumi lot also can be released even they said will be released only upon 80% completion?
maintenance fees free? never mentioned by SA
@Ubah
Hi Ubah,
Will try my best to get the best rates..
@devonne
if one of the buyer’s financial record is weak/over commitment, can he still getting the best loan/interest rate from OCBC?
what i know is that, even if you are a single applicant, so long as your financial record is strong/good, you will still be able to get good housing loan interest rate from local financial institutions.
Hi penangsean, it depends on the management Lo. If ur financial status is weak, normally unable to qualify.. But depends on how the agent justify for u also… N yes.. If ur financial status is good., u will still able to get good rates.
They can only release bumi lots when 70% complete. Price will be at least 10% higher.
@Devonne
Hi, I like to know more about ur rate.
Anyone have MBSB contact ?
Jl, pls email me
hi, worth to buy for own stay… if want for investment, have to think twice…. when i wan booked a unit, ald fully booked
Those units facing everning sun will be very humid, not so nice for own stay.
Do you know there is something out there call “air conditioner”???
@Sir
Aircond need extra electricity, not only living room need aircond, sleeping room facing west also need aircond if you wanna stay inside them during afternoon time.
BTW, can you also able to install aircond on your balcony? Else, you cannot enjoy your balcony during afternoon or evening, unless you wanna do sunbathing.
This condo suppose to be “Green” concept. How come the design required hill view owners to use aircon to cool down their home daily?
@ezalor
it is either you enjoy the morning view or evening view. Facing west enjoy morning view, facing east enjoy evening view. For facing east units if you want to sleep longer in the morning also need to switch on air conditioner. No big difference. But most of the time people don’t stay in rooms during afternoon. So what so big deal facing west?? haha..
@Bryan
“Green” GBI only some new slogan and you paid extra for the certification. Who can tell what is the benefits (and who care)? Good question, how does Pinnacle get GBI certification for this east-west facing design???
There is very big different on the face east and west unit. Morning sun, the sun shoot into your house, but the whole house is still in cool condition. Only near noon time after the house have been “baked” for the whole morning, the heat started. But, the house already hidden from the sun by then. Units exposed to afternoon sun, will be “baked” for the whole afternoon, and heat effect still take place event after 9pm. You can touch the wall and still fell the heat.
The only “Green” element told by the sales is, they recycle the rain water….
@Bryan
I currently stay in a north-east facing condo, also feel like a sauna room after 9am if air conditioner not turn on. In the afternoon if at home need to turn on air-cond also even facing east. Facing west i think at night need to blast the air-cond for an hour then you can turn off and sleep until late next morning. Facing east need to preset the aircond if want to sleep late. Important is get good light blocking curtain and may be sun shade at the balcony.
Recycle of rain water? potential dengi fever out spread while not saving much money since penang water bill is cheap…
@Sir
I think u dont have the experience of staying at everning sun unit before, u will said aircon will cure this issue, but actual the whole unit really very humid even u install aircon. i bet many ppl will hate it when u have this kind of humid environment.
@Iambroke
Oh no facing west too hot,man……!!! Yes, I’m currently staying the condo which living room& balcony facing west. My furniture & electrical items are fast to change color. I’ve to use the curtain the type that totally block the sunslight but still I feel hot. Yes, my living room are dark in evening because I’ve to use such curtain to block the sunset light direct shoot to my living area.
I never stay the house facing east, so no comment. I just try to share what I’m facing now.
And of course, I will never ever choose any condo/house that facing west.
No meaning to ON the air-cond everyday about 3pm to 7pm,right?
@Alvin
Yes, for those who experience before sure wont buy any condo or hse facing west. so for this a not so recommended for own stay if it is facing west. For newbee havent try before….then good luck
Sir must be newbee wakakaka
SPS sell future price…………..so for this project only newbee will go and buy……hahaha definately hard to sell in future coz ppl will be more particular on comfortabilty……..so investor must stay away for this.
A sucker is born every minutes…..
If possible, buying house, no matter for own stay or investment, avoid buy unit facing west, else later sure will regret. BTW, sun doesn’t rise exactly 90 degrees east, and set 270 degrees south whole year. For Malaysia case, sunrise is in between SE to E, and sunset is SW to W.
See this website:
http://www.zetatalk.com/index/earth204.htm
If possible, buying house, no matter for own stay or investment, avoid buy unit facing west, else later sure will regret. BTW, sun doesn’t rise exactly 90 degrees east, and set 270 degrees west whole year. For Malaysia case, sunrise is in between SE to E, and sunset is SW to W.
See this website:
http://www.zetatalk.com/index/earth204.htm
@Alvin,
I think can tinted for the windows..it might help.
jz my 2cent
It is either you on the air cond 3am-7pm(facing west) or 10am-3pm(facing east). For sunny day you need to on the air-cond for the whole day even facing east.
@Iambroke
First time I heard people said will be more humid with air cond on. Air-cond will dehumihudified the air. You no common knowledge, or never use air-cond before?
I’ve both condo facing east and west. Both also exposed to sun. It’s only matter to individual preferences. I don’t see any point to argue over there except you are building your house underground.
Still have option to have condo facing south or north. My condo currently facing east. Never turn on aircon in the morning. Night time, air con on only near CNY period because of hot weather. And only turn on for an hour.
What is the price difference for Pinnacle facing west and east?
The city view- South East, hill view – North West. The price difference abt RM30-40K if not mistaken. Anyone know more detail abt the price could help advise.
@ Devonnce
Thanks for the friendly advice & offer of the loan package. Shall come back to you soon!
@PG Guy
No difference on price, that’s y all units(city view) been taken up by internal ppl left limited units for public.
@XY
@Aurora
Trust which one of you?
@PG Guy
30k difference.
I think all units taken up by their internal staff. Not transparent the way they launch it.
New IJM in the making.
@New Boy
They are quite transparent, not like IJM. most of the units are available at the first day of launch. I was there, but when I went on the second day, left only hill view of 27th floor above… No cheating, very sellable!
wah, the west view units really worth it! RM30K difference… even if you on air conditioner everyday and cost you additional RM60 electricity bill, it still worth it. The RM30k saving can spend for 40 years of the air-cond electricity bill!
@Sir
Heat is just one of the aspects. Facing east can see the sea, the bridge and the town. West has nothing but the trees, only darkness in front after sunset.
@ Michael ,
No prob. It was nice chatting with u.. Hope our package n service did not disappoint u.. Waiting for ur good news…:)
@Yeoh
Pls don’t give false info here, d price list is there, go n check by yourself.
@devonne your #27 is referred. It is very misleading for you to write in such a way to group up pinnacle buyers in a pretext to get better rates. I see this more of your personal sales agenda. It is not wrong to ask for business here but please do it ethically.
If you can give blr-2.5 with no lock down, then it may interest a lot of us here. Blr-2.4 or even 2.45 is what all other banks are also giving if your track record is good.
On sps pinnacle overall, after visiting the sales office, I can only say if you are a flipper; the potential to make $$$ is there if your unit is priced below rm580k. Those who have bought for rm700k and above, you will have to wait for a long time to flip to see a decent return. The place is meant for own stay but many buyers are investors especially long time sps loyal followers.
Anyway, let’s hope for the best for all buyers.
Ps: I am not vested in this project.
@cc
for mbsb, you may email to khoo.swee.yin@mbsb.com.my or call her (Celyn Khoo) at 04-2266275, ext 201.
Saw the price difference myself.
I was there at the first n second day of launching. If u don’t believe, pls go to setia office m check.
Yes is 30K. the price list clearly show 30k differences for the same type and same floor with different facing. Even Setia Asst. Manager told me that. what a blunder XY
@TK
Did u see d price list yourself or just listen to whoever told u? I see no difference on d price for d same type when i booked d unit on d 1st day. Funny, r u d buyer for this property?ﹰ
there is price difference la. 3 (myself, Yeoh, TK) vs 1 (XY), pls check with setia sales office.
Agreed@Sir
I own a unit facing south east (town). Yes, the price difference is $30K compared to my friend’s unit facing hill.
Heard show unit end-Dec. I look forward to see the show unit before signing S&P.
Floor is 2×2 porcelain type. I doubt there is first 3yrs maint fees waived.
Comparing IO, IO does have a better inner design. All rooms with windows facing outsite. Bright!. but worry of its quality. Imagine Ideal needs to build 734units in 3 years.
I chose S.Pinnacle as it is low dense even though 434units (is still plenty) at the expense of higher price. Extra $30K facing town and $0.25 /month. There is no plan to widen the road towards the main road.
If SP Setia sees this comment, I hope they dont ignore this. The wave hits Ideal (One imperial) where buyers left and they were forced to offer more. SP Setia should look into a better package and offer to buyers. (like air-con, first 3 yrs free maint fees, …etc)
Anyone wants to let go city view?? Pls let me know..
No widen road plan? You got this update from SP setia? Or your own view? I’m very concerning about the widening road plan (either from SP, Ideal, GSD or etc) as the area will be very very jam.. (now already very jam)
@Tan
I’ve checked with SP Setia! There’s no widening / proposed new road plan towards main road Jalan Dato Ismail from SP Setia.
Probably, Pinnacle owners still have to share the Jalan Fettes Persiaran Relau with other GV,SR,ZP & some low/medium cost owners to main road.
In fact, I did heard from SP Setia one of the staff said there will sure have road widening project by SP Setia upon completion this project as i feedback to them about concerning traffic jam issue when i place a booking with this project. Not sure how true is it. But I hope road widening can be done by either one developer in that area.
Road up to that hill, 100% no space anymore to widen.
@Tan
Which road will be upgraded by SP Setia?
Base on Pinnacle location, Jalan Fettes Persiaran Relau will be the main road towards Jalan Dato Ismail. Unless, SP Setia will upgrade those small road Jalan Cangkat Sungai Ara or Jalan Sungai Ara? (I not sure)
You better check with them again if you are concerning the traffic factor.
Actually, the more concern should be the Jalan Dato Ismail which lead to FTZ for those who work in FTZ. Yes, GV,SR,ZP,SP, Idaman lavender/Iris, OI, TGT owners and so on … will all together enter this main road in future.
Please share if you got any info updated.
Sure there will be road widening…..
guys, i saw a few advertisement setia pinnacle gona launch in QB & Gurney Plaze end of the month, i thought all units sapu finish already? still launch for what?
@shakira
Interest to know how many units they are going to sell or just bcos the procedure required.
So do you think those holding the units are pure buyers. They could be developer itself or some buyers having some deals with the project. I believe there might be some first round buyers started cancelling the units like IO or GV.
Would it be that during the launch, suddenly there will be a lot of units suddenly available for sale?..those bumi lots would now available for sale..but selling at a higher price??? They said bumi lots will be only available only much later, but seriously, how would we know?
Launching dates have already been predetermined so that explains the advertisements….. Anyway there are some units (hill view) still available for those who do not mind afternoon sun
May I know how much per sf now for the hill view?
Regardless of location, buyers still prefer to buy from SPS cos of reliability…. does not matter if they sell at future prices but quality is assured….unlike other nearby projects which are very scary
Is there any show unit on this? In SPS Show Village?
Bumi lots when released once reached 70% will be much higher price. At least 10% higher than what you are paying now. Anyway, bumi nowadays very rich d. Don’t be surprised if you saw not many bumi units left.
Btw, in 2013 SP Setia would launch in Setia Pearl Island The Wave consists of 535 condominium units priced from RM300,000 to RM750,000, while the Breeze comprises 450 units with a price tag of RM500,000 onwards. Why want to rush for Pinnacle ? Wave/Breeze have better location frm my opinion.
@Naruto
Perhaps at least RM500 psf for these future projects?
@Naruto
Don’t think you can get it from 300K at that location. Good Luck.
@Chuah
300k for 600sf why not ?
600sf? hahaha…pls la…
What one do with 600 sq ft living space… are we evolving into cramped spaces like Tokyo and HK?
Is there any more units available?
Small units not popular in Penang.
@PG Guy
even fully furnished also tak laku…Straight Garden suites as a good example.
@PG Guy
On Nov 29, you might see a lot of lots open up for sale. (last time booked but nw open for registration). Wondering the price will increase as well?
@JL
What do you meant by last time booked but now open for registration?
Is anyone know the exact piece of land of this project? Can’t see any big land there after drive in Setia Green, and no sign board showing this project, only can see the Garden Ville one…
@JL
Will go to see if it is really have units for sales… i mean those last time booked but nw open for registration. ^.^ To confirm again, is it on Nov 29 – Dec 2 at Gurney, right?
@XY
Pinnacle will be located right where the SETIA GREENS sign board is right now…. they will cut that hill behind those therrace houses (Setia Greens)…to make it conform below the stipulated level
@XY
Straits Garden different… behind it is the beautiful Indah Water processing area…. great smells daily guarnateed
@condo mania
ic….which mean SPS haven’t started to clear the forest.
Even punt in the name and contact before they launched and promise will give sms or email or call.. But…it’s already sold out those small unit n only left those 600k++ above unit when we heard from others…..
@XY
Yup…. Pinnacles will be where the SETIA GREENS sign is located now
Any show unit on this? Would like to checkout the real layout
@Tan
@Chuah
yes, that’s what i am trying to figure out as well. but you hv to be first in line to find out. let us know if you find out anything..
probably some of the yellow sticker (bumi lot) will turn to non bumi by this Nov 29, who knows?
@XY
They will increase the price about how many %? Can I know how much of the 2nd car park?
@Alvin
2nd car park cost 30k, d most expensive in pg…not sure price will increase by how much on 29 Nov, just know that no longer 9% rebate…
@lim
Yes, SP Setia is building the sample house for type A & C. Should be ready by next year May. I believe, it could be earlier. Owners will receive sms from developer once sample house is completed. Anyone has the news about sample house, kindly share with us.
Need to ensure Sp Setia won’t allow the gangster contractor to enter the site when OC obtained in future.
Relau & Sungai Ara are famous of gangster contractor culture.
Normally all the gangster’s contractors operate with methods below
1) Setup a boot at the new site & claim that they are the authorized contractor there.
2) Not setup any visible boot but have a group of gangster “petrol” at the area & threat the owner to take their authorized contractor.
3) Stop/threat the house owner contractor from entering the site or damage the property example throw red paint, give special present or letter, steal or damage the construction
tools.
4) Join ventures with the developer to have an upgrade package on the property S&P. Legalized the “gangster contractor”. If we don’t take the package the consequence will be no 2) or 3)
Nowadays, the gangster contractor are very smart…they no longer use method 1) & switch to 2 & 3.
A u sure sp serial is reliable?@condo mania
@penang100percent
So, what is your proposal to the solution here?
@PG
First of all, all developer will deny that they have any relationship with the gangster constructors & push everything to report police.
So PDRM or state government need to take a more proactive lead. Only if they are willing to help rakyat solve this issue.
1)Organize “Anti gangster contractor” campaign or press released to provide awareness to the rakyat.
PDRM should print “anti-gangster contractor” banners with complaint contacts & hang at the light tiang, TNB tiang at all the new OC obtained property area.
Print brochure & distribute to all house owner.
2) Then for the next 9 months after OC obtained,
Police should setup “ops Payung” on the site & City council personal should also audit the site weekly to ensure there is no gangster contractor around / interview some of the house owner to get inputs.
@PG
3) Use the power of IT,
(council team with police) setup a special facebook page on this matter “Gangster contractor complaint platform” & announced to public.
Most of the victims are scare of their safety.
With nicknames, owners can post complaints, gangster contractor names, contact information, gangsters’ pictures, video to public.
So that investigation can be carry out more effectively.
I also believe many of the victims will surface up once the safety is not a concern anymore…
All in all, it still depends on state government/ PDRM whether they have the aggressiveness to solve this issue or not? Without that, all is just NATO (no action, talk only)…..
I believe I’m not the first person in Penang highlight this issue to PDRM or state government.
@penang100percent
Talk is simple, pls check I-regency forum to see how they organized the so called “anti-gangster contractor” campaign. How much effort, how effective, how “helpful” were the polices & politician, how people got into troubles etc.
I hope you can lead us 3 years later once One Imperial is completed with actions, I will be your follower.
@Pen
Yes…i aware of the I-regency situation…got follow the forum last time… IDEAL=gangster….
I know it is not simple at all….hopefully Sp Setia’s project will free from gangsters contractor…..
side joke..maybe Sp Setia strategy is pay money upfront to gangsters, ask them to get lost when OC & factor in this cost into the property selling price… or create a “promotion upgraded package ” on top of the property price & out source to the gangsters….legalize them & allow them to come in the site…..haha everything back to square…….end of the day…the genuine buyer who plan for own stay pay the cost…..haha
@penang100percent
Heard rumors said Ideal and GSD are actually under the same boss. Is that true?
Is that the reason why there is a price war between OI and GV? Why same boss attack himself huh? Funny lo.
What i heard the rumors are GSD Penang top management workers are from IDEAL, setup their own company or wat….not 100% sure…
but what I observe is their working styles are quite similar.
Delay signing S&P & Stamping OR Signing S&P fast but Delay Stamping
This will make the construction slow & duration easily > 3 years…
I heard SR sign S&P last year but only stamp few months ago….
so need to for another 3 years for completion.
This will not be a concern for most of buyers as majority are “flippers”, in fact they prefer that because of DIBS & sell it out after OC obtained…fast money…..only for genuine buyer who want for own stay will have concern. Well tats how the “game” being play….
May i ask what is gangster contractor?Is it if i find somebody to renovate my house,they come to kacau?
Or we are not allowed to get our favorite contractor to renovate our house?
Yes!
A case example this year…..suspect is Belleview Melody homes project….
http://amberooi.blogspot.com/2012_07_01_archive.html
I was actually part of the “anti gangster contractor” team of I-Regency.
In general, if you let them do the hacking, cement and grill work, you can carry out your other renovation without problem. For my case, I get my own contractor to do the cements work, but buy the sand and bricks from them, including the hacking work. For grill, I insist to take from my own vendor, and accompany the vendor during the installation. So as kitchen cabinet. They dare not stop your vendors if you are around. Get ready your camera to record the moment if they step in your unit and kacau your vendors. This will be the proof to police. Of cause, we do send letters to Penang police department and boss of Ideal up front.
The leaders of our team, who have time to be at their own condo most of the time, managed to do all renovation works from own contractors.
Another way is, JMC will be formed 1 year after OC, and the JMC can kick the gangster contractor out. Then you can start renovate your unit freely.
@Bryan
Liked your comments. But, in order for me or many of us to take leaves then follow our own contractors in and out, I might as well give the job to the gangsters. It will cost me too much to stop my own work.
I believe JMC can be formed as soon as we get the OC, no need to wait for a year. And this will help to chase out the gangster faster!
You may have problem also if give the work to GC. They take too many reno works in 1 condo and will have no insufficient sub-cons (they also sub out part of the works) to do the work for you, end up dragging the progress.
The AGM must be conducted within 1 year after OC. So, the management team from developer will normally drag until the last day. After JMC formed, the JMC can appoint a new management and kick the GC out. So, it will still at least 1 year time, unless the developer is good enough to conduct the AGM early.
Booking fees been debitted. How about you guys?
@Thinker
Same too….the booking fees just debitted on friday.
anyone already get the loan offer from banks ? as i know some banks cant proceed loan application for this project yet.
@TheBlue81
Yup, d banker (ocbc n pbb) said d package haven’t finalized yet by SPS.
Anyone wants city view 36 floor 1300+ sq ft….. willing to let go….. for RM5,000
Email me at pennylilac@gmail.com
@condo mania
May I know the reason? Found better property? Or any concern, would you share?
5K is your commission?
5K is your commission?
is CondoMania asked for 5K, not me lah…
@SP
SP…. no concern….. I booked three and realised that three is too much to digest so willing to let go one…. Willing to change name for RM5,000 Please email me at pennylilac@gmail.com
wah, you no need to queue also ask for 5k.. i only charge RM250 per night. WTF! SP Setia allow such practice?? worse than selling queuing seat lah…
If @condo mania does’nt let go before S/P, his $5K booking fees will be burnt. I don’t think he is negligent to the extend he earns just $5K.
I just handed over documents to a few banks. They offers blr-2.4% and it now the services and how flexible they could offer. Some banks say they are so-called ‘full flexi’ but not. Some flexi a/c needs to maintain 2 a/c numbers and some just a single a/c # to handle all. See your preference.
how many floor for this project?
@Bangla
condo mania is asking for his booking fee that he paid to secure the unit only right? or is that an extra 5K profit? if not mistaken, the 5K should have already been credited by the bank.
@oic
38 but top floor is sky garden
Anyone went to Gurney Setia Pinnacle fair so far. anything to share? I will go tonight.
@Tan
good luck Tan, dont forget to check out city views and see whether they have any units (they technically shouldn’t) as it was supposed to be sold off long time ago. Never know if you are lucky. Also if possible let us know how much they are charging now if you see available units for cityview..
Left 2 units now. high floor east view 700k above.
Yes, i got the same info from the sale person, left 2 units (33A & 37 floor), city view with RM 700k and above…
Sample house will be available in aro half yr period.
Estimated sign snp & start contruction is before CNY 2013.
Yes, developers in that area will have road widening project together.
Anyone has info to share as well?
how much is the price psf for that remaining 2 units left?
@pengemis
Sorry, i got no details info for this. If you really interested, hv a call to SP setia office
The unit on 37th Floor is type B 1314 sq ft priced at 770k before rebate.
@Naruto
Unless they have finalized and actually announced the prices, I will doubt SP will price any lower than Pinnacle…especially when they realize the tremendous response.
I saw a few units like 10th & 13th floor facing town available but above $700k. Could be the corner unit. You guys may go to gurney and enquire.
So they still have city facing units available?
You can call him to apply loan 012 4149998
just got the approval blr -2.4, any idea when to sign s&P, maybe will call SP tomorrow
Non bumi units fully sold?
Heard that the signing ceremony is on the first week of Jan. There were 3 units left which are high floors facing the hills ..that was last week.
anyone can get blr -2.45%?
The lawyer just called me to sign the SNP on the first week. They should have provide a draft first as some of the information are still unclear.
Checked with banker, was told loan is 90% of discounted price (after 9% rebate), is that normal process in bank nowadays ? Thought is 90% of purchase price .
I got b-2.45% from standard chartered bank. call banker 016-6686762
@Tristan
mine base on purchase price.
James u took how long to get your loan approved?
1 week. the banker said the mrta canot finance in the loan so is not compulsory for us to take mrta.
It is supposed to be based on purchase price for loan amount eligibility. Banker likes to lend you as much as possible. 😀
Few of the bank are now only offer 90% of loan from rebate price. This include PB bank and Maybank. I am not sure what happen but they mentioned that they know Setia giving out rebate and the bank want to provide loan after the discount. If this is true, it will sure impact most of us as how many are willing to fork out 50-70k for 10% after rebate price.
Also, anyone can let us know what will happen on signing the S&P next week. I am yet to secure the loan yet and already go for signing. How about the additional car park and loan agreement?
Just got my loan approved. Really overloaded. Bank oni giving 60% jia lat!
BLR-2.4, no lock in, full flexi. They say i am over committed. With my salary xxx and the number of loans i have currently, thats the most they can give. Aaadui.
Anyway, its 4 own stay so should not be a problem. Signing SNP on 5th Jan. Just set the appointment.
Cheers
i heard that the selling price had been increased by RM10 per sq ft, for those who enter into booking now (perhaps some buyer may not be able to secure loan). The 9% discount still valid, based on revised price.
According to HL bank, the recent loan approval is only 90% based on nett price and no longer 90% on purchase price. Those who applied earlier get the advantage of 90% on purchase price. What kind of system is this? As at today, PBB still pending the approval due to this 9% rebate issue while other banks like OCBC, HSBC, SC willing to offer 90% based on purchase price. Before the letter of offer is issued, the banks have right to revoke and pull back the offers…i am still waiting for the good news to come back….good luck to the rest of the buyers……..
@XY
You are right. This happen to PBB, Maybank, and now HL. HL some more max 30 yrs of term loan. Congrats to those who applied earlier.
Just signed SP. Only 1~2 purchasers signing. It was relaxing and sufficient time to pose questions and ask around. If you intend to sign early pull in your date to avoid crowds.
I am not sure if it is a hoax that only 90% on ‘nett price’ but it is true. CIMB offer only 81% in my case. Adding to the list @ ‘TYT’ mentioned that PBB, MBB and HLB.
As for competitive rate, Std Chartered offers blr-2.45%. You guys can share /add what you have;
CIMB 81% blr-2.4% Lock in 0yrs
HLB 90% blr-2.4% Lock in 3yrs
HSBC 90% blr-2.4% Lock in 3yrs
Std Chart 90% blr-2.45% Lock in 3yrs
Note that the % of financing may drop to below 90%. Act fast.
Does it mean the these banks only value the house at discounted price instead? How about GV? Still can get 90% loan based on selling price?
I wonder how Setia Pinnacle is GBI certified? The air wells are all enclosed type and it is 40 storeys high! The corridor walk way will be very dark because fully sealed (except light from the vertical 40 storeys high air wells), and the air quality will be very bad because of trapped air!!
@Thinker
Standard Chartered is no lock in.
dear all,
standard chartered is giving b-2.45% no lock in base on SPA price (with carpark) pls apply before their quota full. I applied my loan with banker 016-6686762. u can call him.
@James
Yes, you are right. sorry for the blunder.
Anybody signs the SP yet? find anything irony?
Sg Ara a lot of project lately, mind to share a piece of mind whether which project is better (fierra fista, Garden Villa, One Imperial).
Among the project, Pinnacle is most expensive.