fbpx

Tropicana Bay Residences @ Penang World City

Bayan Mutiara/ 5 February 2013 Leave a comment

Bay Residences, the phase 1A of Penang WorldCity development by Tropicana Ivory Sdn. Bhd. Strategically located within Bayan Mutiara, a new development hub located in the eastern part of the Tun Dr Lim Chong Eu Expressway and in the vicinity of Sungai Nibong. Comprises four 22-storey residential tower, with condominium unit size ranging from 455 sq.ft onwards.

Property Project : Tropicana Bay Residences @ Penang World City
Location : Bayan Mutiara, Penang
Property Type : Residential
Land Tenure : Freehold
No. of Blocks : 4 blocks of condominium
No. of Storey : 22
Built-up Area : 455 sq.ft. – 1,945 sq.ft.
Indicative Price: RM359,900 onwards
Developer : Tropicana Ivory Sdn. Bhd.

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

 

Contributed by reader (Update – 02 Oct 2013)

[nggallery id=62]

 

Tags:
RELATED PROPERTIES FOR SALE/RENT AT
  1. Jerry
    March 29th, 2013 at 20:46 | #1

    -2.4% is pretty standard, some may give u slightly better, some don’t. depends on credit scoring n their strategy lah. but i think not much difference lah.

    is maybank already in? tot not yet. who else insides.

  2. Chuan
    March 29th, 2013 at 21:23 | #2

    Any unit left ?.

  3. reject
    March 30th, 2013 at 12:40 | #3

    a lot. i just rejected one

  4. cm
    cm
    March 31st, 2013 at 03:01 | #4

    Which blok …which unit ….which floor ….

  5. tomyam
    March 31st, 2013 at 16:06 | #5

    according to the sales office, still have around 10% unit not fully sold out.. so should still have some unit left.

    they are currently waiting for Block E further news now…
    i guess by the time it is near to all sold out.. is time for block E unit news to come out…

    they need to get more cash as they owe penang gov a lot $$$

  6. reject
    March 31st, 2013 at 17:35 | #6

    cm :
    Which blok …which unit ….which floor ….

    can’t tel you, u have to ask them.

  7. cm
    cm
    April 2nd, 2013 at 00:20 | #7

    @reject
    Why Cannot tell ?? If you don’t want …can share to us …

  8. 元肖日
    April 2nd, 2013 at 20:52 | #8

    @cm
    Because bull shitting.

  9. Teoh
    April 2nd, 2013 at 22:56 | #9

    anyone have unit want to let go?

  10. Goreng kia
    April 2nd, 2013 at 23:30 | #10

    y dont u direct goto sales office n ask?
    i think still left some units

  11. pgk
    April 3rd, 2013 at 03:53 | #11

    Seems like no one is worry about the noise level. Just go
    visit the light at high level and i am sure you would
    cancel your booking here. Its the same after all

  12. homebuyer
    April 3rd, 2013 at 06:32 | #12

    @pgk
    isnt it a little bit too far from the main road compare to the light…

  13. All England
    April 3rd, 2013 at 14:04 | #13

    @homebuyer
    I have no problem as my are facing the sea or in future the inner road.
    Those facing the highway, may need to worry.
    If you balcony is open, then damn noisy 24 hour x 7 days.
    The Light Linear better as the balcony is facing the sea. Only if you open the enterance door, then only noisy.
    That is why i bought Block C/D and also this is the main reason C/D is slightly expensive than A/B

  14. cm
    cm
    April 4th, 2013 at 00:11 | #14

    I prefer blok A and blok D … cause far from road side …

    Who want let go blok A … unit 872ft2 or 1020ft2 or 1045ft2 ……

    Sale office not more …just got 20+ unit 615 and 455 and 1320 ….

  15. cm
    cm
    April 4th, 2013 at 00:13 | #15

    I really want Blok A … 872ft2 or 1020ft2 or 1045ft2 ……

  16. pgk
    April 4th, 2013 at 00:50 | #16

    @homebuyer, no this project is exactly next to the main road, just the same as Light Linear. I almost purchase light linear subsale, but just couldnt accept the noise level. So those who think of investing, better think twice as subsale market might not be strong as buyers will then discover the unbearable noise level.

  17. Chuan
    April 4th, 2013 at 09:13 | #17

    any people buy the 455 sq ft ???

  18. Chuan
    April 4th, 2013 at 09:15 | #18

    @Chuan
    How much for 455 sq ft ??? is freehold or leasehold ?

  19. ANDY
    April 4th, 2013 at 17:43 | #19

    455SQ 17 FLOOR AFTER -3%-5% AROUND 37X K , IS FREEHOLD.

  20. Jj
    April 5th, 2013 at 11:51 | #20

    Is the model house ready yet?

  21. tomyam
    April 8th, 2013 at 07:08 | #21

    @Jj

    No. No yet

  22. Jay
    April 8th, 2013 at 21:04 | #22

    @pgk

    Correct me if i am wrong.

    Light Linear is noisy because the whole open corridor facing the highway there for all units are exposed to the noise

    PWC those facing the highway will be noisy.. but some units facing pool might not?

    Regards

  23. Lee
    April 9th, 2013 at 14:43 | #23

    I bought 872 sft which is middle floor Block-D Facing Pool view.

    anyone interested kindly email me. Thanks

  24. KC
    April 9th, 2013 at 17:42 | #24

    @Lee

    your email address ?

  25. cm
    cm
    April 9th, 2013 at 23:06 | #25

    Lee :
    I bought 872 sft which is middle floor Block-D Facing Pool view.
    anyone interested kindly email me. Thanks

    why is BLOK D ……. Where is BLOK A …….

  26. cm
    cm
    April 9th, 2013 at 23:07 | #26

    @Lee
    Lee … can you send your email to me ??

  27. nd4spd
    April 10th, 2013 at 08:40 | #27

    @ANDY
    roughly calculation it is >rm800 per sq ft, does it worth the price?

  28. 元肖日
    April 10th, 2013 at 23:43 | #28

    nd4spd :
    @ANDY
    roughly calculation it is >rm800 per sq ft, does it worth the price?

    A scary phenomena nowadays, newly launched project is much more expensive than newly completed property. Obviously, it’s because Developers are quoting “future price” with cost-in interest during construction (known as DIBS). New Investors feel that they have gotten deals. The worst has yet to surface after project completion.
    Another round of sub-prime is on its way in Malaysia !!!
    Getting from secondary market seems more favourable.

  29. pgk
    April 11th, 2013 at 01:11 | #29

    @Jay,

    I think pool view will also be impacted. Anyway, we will know once the property completed :) . Just use Putra Place as an example, without the low cost flat infront as noise buffer, do you think they can sleep in peace :p ?
    Anyway, i would rather purchase the future projects if this turns out to be good. Dont worry no property, just worry not enough money :)

  30. ANDY
    April 11th, 2013 at 10:00 | #30

    @nd4spd
    YES 800++ PER SQ
    NOW SP SETIA CONDO IN RELAU ALSO 550~600 PER SQ.

  31. Wong
    April 11th, 2013 at 20:34 | #31

    @Lee

    I am interested please inform. Tq from wong

  32. Alicia
    April 12th, 2013 at 10:58 | #32

    I bought a corner unit 1022 sq ft. Anyone interested please email me.

  33. tomyam
    April 12th, 2013 at 13:42 | #33

    wanna confirm with you guys, who have already purchase the unit > 600k.
    just receive another friend sms who also buy pwc, her banker told her for PWC project, if loan > 500k only entitle max loan up to 85% (not yet confirm which bank she ask), has anyone already start applying loan and success get 90% approval ?

  34. KC
    April 12th, 2013 at 13:58 | #34

    @tomyam
    Try RHB. is 90%

  35. yy
    April 12th, 2013 at 14:19 | #35

    I personally feel OCBC is the best among all housing loans…
    full flexi, no monthly charges and they don’t enforce u to purchase MRTA…

  36. joaQuin
    April 12th, 2013 at 14:53 | #36

    @Alicia

    May I know how much are you selling?

  37. cm
    cm
    April 12th, 2013 at 21:51 | #37

    Alicia :
    I bought a corner unit 1022 sq ft. Anyone interested please email me.

    WHICH BLOK YOU BUY ?? WHAT IS YOUR EMAIL?

  38. islander_ori
    April 12th, 2013 at 22:51 | #38

    Alicia :I bought a corner unit 1022 sq ft. Anyone interested please email me.

    SnP not yet signed but start to sell???

  39. PG188
    April 12th, 2013 at 23:22 | #39

    Hong Leong bank offers max loan up to 85% only. OCBC, AM Bank, CIMB, Affin are offering loan up to 90%.

  40. PG188
    April 12th, 2013 at 23:24 | #40

    i already got the loan application approved with 90% loan.

  41. Bryant
    April 13th, 2013 at 00:50 | #41

    Ocbc is panel bank?

  42. Ye
    April 13th, 2013 at 01:09 | #42

    Are you guys sure it’s the purchase price is RM800 psf? Should be around 600 to 700 right?

  43. Jerry
    April 13th, 2013 at 22:51 | #43

    @PG188
    Odd, I get the same 85% from HLB. I heard it is due to the disc given by developer. But doing this gives the bank less competitive. I keep their offer but look for other bank, what to do?

  44. Alicia
    April 14th, 2013 at 14:24 | #44

    My unit is at block D. Interested email to aliciatoe@gmail.com

  45. Tom
    April 14th, 2013 at 21:26 | #45

    Heard that Djaya is going to increase the price 30~50k. Is it true ?

  46. PG188
    April 14th, 2013 at 22:15 | #46

    @Jerry
    u can ask the HLB, is it got any penalty if u reject the offer ( if u already accepted & signed the offer)…if u no penalty then u can look for other bank. I have contacted the PWC’s panel banks( OCBC, AM Bank, CIMB, Affin) they are offering loan up to 90% …only HLB gives max loan up to 85%..

  47. PG188
    April 14th, 2013 at 22:16 | #47

    @Bryant
    Yes, OCBC is one of PWC’s panel banks.

  48. Betty
    April 15th, 2013 at 00:25 | #48

    I have a unit on blok D, 13th floor, pool view. 1350sqft. I wanna let go cuz i purchased – 10 island Resort. Any one interested?

  49. Kiru
    April 15th, 2013 at 13:27 | #49

    Hi Betty,
    Please send me the details.kirubagari_85@hotmail.com

  50. Brad
    Brad
    April 15th, 2013 at 18:30 | #50

    I am applying my loan through OCBC. Can call the person, Ms Tan 017-4096233.
    The rate quite good and might be able to get no lock in too.

  51. BKH
    April 15th, 2013 at 22:48 | #51

    多少duit?

  52. Yesman
    April 16th, 2013 at 21:48 | #52

    Ho Admin Ken, can you change this project name to
    Tropicana Bay Residences @ Penang World City ………… this is their official name.

  53. Betty
    April 17th, 2013 at 06:27 | #53

    @Kiru
    Hi Kiru, pls check yr email. I’m not making any profit on top of the price from Ivory. I just wanna let go of the unit.

  54. tomyam
    April 17th, 2013 at 08:01 | #54

    @Brad

    Able to get more than -2.40?

  55. joaQuin
    April 17th, 2013 at 09:24 | #55

    Hi Betty,

    I am very interested in this project. Could you provide me with more details regarding the unit that you intend to let go?

    I’m reachable at 0125952791 (whatsapp-able).

    Thank you very much!

  56. KT
    KT
    April 18th, 2013 at 09:37 | #56

    @Betty
    Betty, how much?

  57. HK
    April 20th, 2013 at 00:35 | #57

    Change a name again !

  58. Betty
    April 20th, 2013 at 07:35 | #58

    RM957,900 for 1325sqft on 15th floor. Actually, Ivory allows me to pull out but I will lose 3% of the 5K cuz paid by credit card. @KT

  59. Crime
    April 20th, 2013 at 09:56 | #59

    Betty :
    RM957,900 for 1325sqft on 15th floor. Actually, Ivory allows me to pull out but I will lose 3% of the 5K cuz paid by credit card. @KT

    Why rush and regret now?

  60. Designconcern
    April 20th, 2013 at 14:30 | #60

    Again this is one of those typical floor plans with unpleasant dark and deep wells along the access corridors. I can’t see why these cannot be avoided so that each unit could enjoy better natural light and ventilations. The floor plan is also unexciting where some spaces ared difficult to use. I think with better design, the developer could add more value to the property for both himself and the buyer.

  61. Betty
    April 20th, 2013 at 14:54 | #61

    @Crime Don’t be so cynical and judgemental. I am no rich investor or speculator. Otherwise, I would hold on to this as it’s quite a good project. I just found something else more suited to my needs at the moment. What, you’ve never changed your mind over anything before?

  62. tomyam
    April 21st, 2013 at 06:51 | #62

    @Betty

    Ivory did not charge any else administrator fee etc if you want to pull out?

  63. crushingwaves
    crushingwaves
    April 21st, 2013 at 11:36 | #63

    I have booked a seaview unit on Block D 18th floor on a wimp. Let me know if anyone is interested to buy over and pay RM150 for the penalty. If not, I will release back sometime later. Cheers!

  64. Vincent
    April 21st, 2013 at 16:33 | #64

    How big is your unit?How much is it?@crushingwaves

  65. MY
    April 22nd, 2013 at 14:40 | #65

    I am very interested in this project. Could you provide me with more details regarding the unit that you intend to let go?
    I’m reachable at 0164000368
    Thank you very much!

  66. PC
    April 22nd, 2013 at 18:53 | #66

    Just booked Blk C 1320SF unit!
    Hope this project will be a successful one!

  67. penangite
    April 22nd, 2013 at 20:01 | #67

    @PC
    mind to share how much you bought?

  68. Opg
    Opg
    April 23rd, 2013 at 09:57 | #68

    @Betty
    Thanks Betty. Maybe out of my budget at the moment.

  69. PC
    April 23rd, 2013 at 11:24 | #69

    after discount etc… almost $945K

  70. CBS
    April 23rd, 2013 at 12:09 | #70

    @PC
    which floor have you booked?

  71. crushingwaves
    crushingwaves
    April 23rd, 2013 at 12:51 | #71

    @Vincent
    it’s 872 sf for ~664K.

  72. Interested
    April 23rd, 2013 at 14:03 | #72

    crushingwaves :@Vincent it’s 872 sf for ~664K.

    Hi, can I know 664K still have any more discounts or rebates? Is this the nett price?

  73. crushingwaves
    crushingwaves
    April 23rd, 2013 at 17:48 | #73

    @Interested
    this is after rebate. original price is ~685K.

  74. bryant
    April 23rd, 2013 at 22:10 | #74

    @crushingwaves

    Only 3%? Thought Blk D has 5% rebate?
    May I know how is it your unit has seaview? Is it not blocked by future buildings in front?
    I can’t really remember how the plan looks like though…but I think your unit has a narrow gap in between buildings with narrow seaview..correct?

  75. Vincent
    April 23rd, 2013 at 22:28 | #75

    Your is no. 3A or 5?@crushingwaves

  76. crushingwaves
    crushingwaves
    April 24th, 2013 at 09:39 | #76

    D-18-01, ~631K after rebate and discount. Future buildings won’t be higher than 22 storeys. If interested, leave me your contacts by Friday. Cheers!

    ps: I don’t mind paying the penalty to save the inconveniences.

  77. ks_rev
    April 24th, 2013 at 10:04 | #77

    looking at the masterplan, looks like block-D no.3A (1000sqft) will high potentially have a better seaview (from the living room & master room)…..n corner unit too….but the pricing might be out of budget (700+k ??) , and only got 1 pcarpark, cannot purchase more, sad :( :(

  78. helloworld
    helloworld
    April 24th, 2013 at 10:21 | #78

    @crushingwaves Hi crushingwaves or whoever want to sell, pls let me know ur email as i m interested to purchase a unit. tq.

  79. Vincent
    April 24th, 2013 at 23:01 | #79

    I m looking for Block D-18-3,the view look nicer.@crushingwaves

  80. islander_ori
    April 25th, 2013 at 09:28 | #80

    @Vincent
    Block D TypeC (872) face east unit (1,2,3) are popular units.
    Those are not available since begining.
    May be swept by bulk purchaser?

  81. tomyam
    April 25th, 2013 at 09:36 | #81

    @islander_ori

    I am there at the sales gallery on tuesday.. They are open up for Block C and D at about 4pm.
    My friend get the earlier number and enter.. that time mostly only floor 8, 9 is all stick with the reserve sticker..(this i really suspect is auto reserve)
    the rest of the floor is still available.. but when i enter (may be about 50 number difference), about 50% already full. I saw those aunty uncle with cheque ready, point here and there to the sales person and sapu… so even there is bulk purchaser also those aunty uncle who tend to tell me buy for their kids and for “little” investment.. (real bulk purchase may be already bulk purchase block A and B as the price and discount rate already have big gap with block C and D)

  82. condomana
    April 25th, 2013 at 10:38 | #82

    I don’t understand. Why are you guys wasting your time on this project……:)…*sigh*

  83. I don’t understand
    April 25th, 2013 at 10:47 | #83

    @condomana
    I also don’t understand, why are you wasting your time asking people not to waste time on this project?
    Then which is the project that does not waste time? Let us know since you are such an expert …

  84. Tommy
    April 25th, 2013 at 21:08 | #84

    Do u mean the Tuesday on 23/4/13? But I book a nice unit (upper floor block D unit 1/2/3)by last week?@tomyam

  85. Precious time
    April 25th, 2013 at 22:30 | #85

    I suggest you guys not waste time replying Condomana.

  86. islander_ori
    April 25th, 2013 at 22:42 | #86

    @Tommy
    which floor you book? how much?

  87. Tommy
    April 25th, 2013 at 23:02 | #87

    I book Block D-18 floor. Rm 661K.@islander_ori

  88. islander_ori
    April 25th, 2013 at 23:09 | #88

    @Tommy
    Is it type C 872sqft facing east (unit 1,2,3)?
    Just curious because block D type C facing east unit are fully reserved during launching.

  89. Tommy
    April 25th, 2013 at 23:16 | #89

    The first two day when Ivory launched PWC ,all block D type C 872 sqft facing east ( unit 1,2 n 3 ) been told that booked by ” big boss “.last week they increase the price n open for booking. That day Ivory just open few unit for that type. @islander_ori

  90. Jerry
    April 26th, 2013 at 01:01 | #90

    So much for fully booked. Actually price unchanged since cny.

  91. tomyam
    April 26th, 2013 at 07:33 | #91

    @Tommy

    No… I mean last time when it first launch time. The very first day i heard it open for booking is on 2/3 Feb for Block A and B. Mostly all nice unit been fully book except those bigger unit.
    I was told block C and D will not be launch that fast.. and a lot rumours on the day itself say block C and D is fully book by insider.

    On 4 Feb again i went to QB sales galary there and there give new form to submit again. Old form cannot use. I get a number at 2xx if not mistaken. Then they say Block C and D might be opening soon, if can wait, then wait there and wait your number to be call. Anyway, until 5 Feb i receive the formal SMS that block C and D will be open up on 4pm. So i immediately went there. I believe a lot people still not have enough time to be there as the sms is so short notice.. so for those who are there and number to be call , you can go to choose your unit.
    I believe there is on and off sure have someone drop their unit due to various reason, that is why until now still have some unit left. I even heard block A and B have unit left, but due to those unit left normally either sf very large or facing WEST direction.

  92. tomyam
    April 26th, 2013 at 07:35 | #92

    @Tommy

    Hehe.. i like your unit type plus floor level. But looking at the price already out of my budget.. so only can choose lower floor a bit.. >_<

  93. Interested
    April 26th, 2013 at 07:37 | #93

    Tommy :I book Block D-18 floor. Rm 661K.@islander_ori

    Hi Tommy, is that the nett price or is there anymore discount/rebate?

  94. Bryant
    April 26th, 2013 at 09:47 | #94

    @tomyam

    Did you purchase a unit?

  95. tomyam
    April 26th, 2013 at 11:31 | #95

    @Bryant

    yes. book in Feb.

  96. islander_ori
    April 26th, 2013 at 18:58 | #96

    Just visit PWC sale offices. Price for all units has been marked up 28k.
    Those returned units due to loan reject will be released back with higher price.

    @Tommy
    Your type C unit is block D facing east?
    Saw available type C (872) facing east units are from Block A only, 21 & 22 floor.
    Few type C units from Block D but all facing west, the SA said no facing east units are available since launching.

  97. Tommy
    April 26th, 2013 at 22:39 | #97

    Developer price is RM 684900, aftr 3% discount is RM664.there will b another 5%.@Interested

  98. Tommy
    April 26th, 2013 at 22:43 | #98

    I just booked the unit- BlockD unit 18 floor typeC facing sea view by last week n just sign d s n p last we’d.@islander_ori

  99. islander_ori
    April 26th, 2013 at 23:09 | #99

    @Tommy
    Block D has 3% + 5% discount?
    As know, only Block A & B have 3% + 5% discount.

  100. Tommy
    April 26th, 2013 at 23:24 | #100

    Since last week after the price increasing , block C & D also hv 3 % +5% discount.@islander_ori

  101. islander_ori
    April 26th, 2013 at 23:28 | #101

    @Tommy
    ok, I see….
    Anyway, good for you to get a nice unit…

  102. Tommy
    April 26th, 2013 at 23:29 | #102

    But compare to the first day, the price already increase 50k.heard paint.@islander_ori

  103. Bryant
    April 27th, 2013 at 00:52 | #103

    Increase 28k then give 3% rebate… Like no rebate in the end.

  104. Jerry
    April 27th, 2013 at 01:18 | #104

    Tommy :
    Since last week after the price increasing , block C & D also hv 3 % +5% discount.@islander_ori

    Based on my record, the given discount thing essentially cancelled out the price increment. Hence, confirmed what I said, no change. Initially block d (when I was there), no 3% discount anymore.

    But good unit you got there.

  105. Crime
    April 27th, 2013 at 04:12 | #105

    Many ppl cancel their early book units and now ppl book it again at the higher price. Really ppl helping ivory to goreng the price up. And this cycle repeat. Why can u ppl b a smart consumer??

  106. helloworld
    April 27th, 2013 at 08:41 | #106

    do u mean when it was first launched, block d didnt have 3% discount? and now they increase the price and then give 3% discount? Ex:Block D-8 price now is 663,900. what was the previous price when it was first launched?

  107. islander_ori
    April 27th, 2013 at 10:54 | #107

    helloworld :do u mean when it was first launched, block d didnt have 3% discount? and now they increase the price and then give 3% discount? Ex:Block D-8 price now is 663,900. what was the previous price when it was first launched?

    The previous price is 635,900. (+28,000).

    Earlier package – 635,900 – 5% = 604,105
    Current package – {(663,900 – 3%) – 5%} = 611,783
    Price difference = 7,678

  108. islander_ori
    April 27th, 2013 at 10:58 | #108

    @Tommy

    Block C & D increase 28k (all type).
    Block A & B may be increased higher because their initial price is slightly lower than block C & D.
    Now price for all blocks (same type) is similar.

  109. Buyer
    April 27th, 2013 at 11:30 | #109

    Net net no price increase? Market slows down indeed, even in prime location like Bayan Mutiara.

  110. islander_ori
    April 27th, 2013 at 12:15 | #110

    @Buyer
    net price increases 7k~10k+ (depends on unit size)

  111. James
    April 27th, 2013 at 12:18 | #111

    Slows down?
    When D Piazza Condo was launched, soft launch with early bird package, there are people like you commenting slowdown la, expensive la, dont buy la

    When Penang Times Square launched 1st phase Birch Plaza, similarly, there are people commenting very expensive RM320K++, dont buy la, will drop la…this and that

    History never lie. You can choose to learn from missed opportunity or continue to live in your own dream. 700 buyers ++ and average at least half a million RM per unit. This huge
    group of people can not be stupid.

  112. andy
    April 27th, 2013 at 14:41 | #112

    @James
    like

  113. Buyer
    April 27th, 2013 at 19:05 | #113

    @James

    Maybe this huge group of people are rich? They are not worried.

  114. islander_ori
    April 27th, 2013 at 20:02 | #114

    Not everyone is rich. Only buy what is affordable.

  115. question
    April 27th, 2013 at 20:33 | #115

    @James Based on your logic, US subprime crisis won’t happened.

    As long there is still many ppl saying bubble is coming, then we are safe because bubble will only burst when everyone is over-optimistic

  116. Tommy
    April 27th, 2013 at 23:04 | #116

    But as I know , compare therice right now to the first launching, that is a increase about 50 to 70k.@tomyam

    @islander_ori

  117. cm
    cm
    April 28th, 2013 at 00:14 | #117

    who can check out … when the country / area got crisis happen …. how much the property price ??
    like US … how much USD500/ft2 or USD1000/ft2 or USD2000/ft2 ??

    if want say Penang will got Crisis later …. it maybe … but, when ???

  118. Buyer
    April 28th, 2013 at 13:34 | #118

    With higher discount, the downpayment is much lower now? Net net maybe still the same.

  119. islander_ori
    April 28th, 2013 at 13:54 | #119

    @Buyer
    net price after new discount already higher, definitely downpayment will be higher as well.

  120. Buyer
    April 28th, 2013 at 15:29 | #120

    @islander_ori

    Normally downpayment is 10%. So downpayment for 5% discount is higher than 8% discount for this project?

  121. helloworld
    April 28th, 2013 at 15:53 | #121

    islander_ori :

    helloworld :do u mean when it was first launched, block d didnt have 3% discount? and now they increase the price and then give 3% discount? Ex:Block D-8 price now is 663,900. what was the previous price when it was first launched?

    The previous price is 635,900. (+28,000).
    Earlier package – 635,900 – 5% = 604,105
    Current package – {(663,900 – 3%) – 5%} = 611,783
    Price difference = 7,678

    so u mean 635,900 is the 8th floor of Blk D for earlier package? Earlier package is when it was first launched back to CNY in Feb right? Was told that that time no more blk D 872sqft and there were few adjustment on pricing. U think additional RM7k plus is worth now if to grab a unit now?

  122. Jerry
    April 28th, 2013 at 19:17 | #122

    question :
    @James Based on your logic, US subprime crisis won’t happened.
    As long there is still many ppl saying bubble is coming, then we are safe because bubble will only burst when everyone is over-optimistic

    Counter logic but I like it. It’s a sanity check.

  123. islander_ori
    April 28th, 2013 at 23:23 | #123

    @helloworld
    yes. 635,900 is the 8th floor of Blk D for earlier package.
    There are 872sqft units for Block D during lauching but only facing west, no facing east units are opened that time.
    additional RM7k worth or not? – depend on personal view, no comment here.

  124. islander_ori
    April 28th, 2013 at 23:37 | #124

    @Buyer

    5% discount will be deducted from 10% downpayment
    Only few hundreds difference between current and earlier package for downpayment.
    But it ends up >7k for entire unit price.

    Earlier package – 635,900 (no 3 % discount)
    – After 5% discount -> downpayment = 31,795

    Current package – 663,900
    – After 3% discount –> Unit price = 643,983
    – After 5% discount -> downpayment = 32,199

  125. tomyam
    April 29th, 2013 at 10:42 | #125

    @Tommy

    First day? you mean block A and B price arr.. haha.. me too..
    so i am only keep on telling myself.. Block C and D have a better location (not facing the main road and better view..(facing east for small sf which is hard to get for Block A and B)
    😛

    you consider good already.. no need to queue or revisit day and night …
    and get a high floor seaview unit.

  126. islander_ori
    May 4th, 2013 at 00:39 | #126

    anyone get loan approval? which bank? rate?

  127. PG188
    May 5th, 2013 at 00:07 | #127

    ya, loan approved ..OCBC with rate BLR -2.4

  128. tomyam
    May 7th, 2013 at 09:54 | #128

    so far anyone have approved bank rate more than -2.4? BLR? which bank and loan amt?

  129. cm
    cm
    May 12th, 2013 at 21:14 | #129

    Just Sign Pre S&P ….
    Got may people already get Loan Approval from Lawyer …..
    &
    I found That Price already up RM55K/Unit …. That is my one …..

  130. Bryant
    May 12th, 2013 at 23:01 | #130

    @cm
    What is the size of your unit?

  131. pwc
    May 12th, 2013 at 23:07 | #131

    Earlier someone said price increase 28k but add 3% discount and now increase is 55k…what is the actual current net psf for 872sf after discount? Thanks

  132. andy
    May 13th, 2013 at 13:58 | #132

    Now all type is up 55k ?????

  133. islander_ori
    May 13th, 2013 at 14:40 | #133

    @cm
    Which block and type is your unit?
    Last month, I saw the price increased 18k for Block C & D (type B, C).
    Block A & B will be increased higher because the launching price is slightly lower than Block A & B.
    Overall, the price for all blocks is simlar now (for same type).

  134. Highlander
    May 15th, 2013 at 14:38 | #134

    Hi…….anyone know when this project will start piling? When the model be ready in their show room> now the building model only up to level4, the rest still cannot see.

  135. tomyam
    May 16th, 2013 at 14:45 | #135

    @Highlander

    I just guessing only… Pilling will be next year story.. wont happen in this year.
    Sales person verbally say snp should sign in year end. But by seeing some other ivory project is delay the signing snp date (like one project in tanjung tokong expected sign in june now told them delay to end of year), i assume what they tell us, need to automatically +6 month time.

    So i guess the earliest date may be early next year.

  136. Vincent
    May 16th, 2013 at 15:04 | #136

    @Betty
    Anyone Wana release their Unit here? I’m looking for smallest unit….
    Vincent1990_4@hotmail.com

  137. Betty
    May 16th, 2013 at 19:00 | #137

    @Vincent I released n got my $$ back oredi. They are really efficient in that sense. Go to their sales office n check. Good luck!

  138. tomyam
    May 17th, 2013 at 07:23 | #138

    @Betty

    haha.. may be bcoz they can sell it even with higher price, but is good that they return $$ fast…

  139. Lau
    May 17th, 2013 at 07:44 | #139

    Not even officially launch but just preview only.
    But almost finished selling block A, B, C & D
    It is like 4 projects sold in a short time.

    I still remembered how hundreds of people Q on 1st Day launching and sapu habis 2 blocks (400 units ++) by the 2nd day. That was few days before CNY.
    Almost RM850 per sq feet. Super luxury and Five stars quality, that is what I heard .

    So, next block E or coming phase, sell how much ? RM1000 per sq feet?
    Dare not guess

  140. Kiasi
    May 17th, 2013 at 10:24 | #140

    @Lau

    Will all their projects here be studio or 2-bedroom small units. Quite successful so far.

  141. Kai
    May 17th, 2013 at 11:27 | #141

    1320 Sq feet, RM920K
    Happy, very happy

  142. Bryant
    May 17th, 2013 at 23:46 | #142

    Loan approved! Ocbc BLR-2.4. My unit increase 50k from the price I booked last time :)

  143. cm
    cm
    May 18th, 2013 at 19:32 | #143

    @Bryant
    My unit is 1000Ft2 one …..

    My buying price is RM 720k … Now is RM775K

    Sound like any people who don’t want sign Pre-S&P will pay back RM5000 ….. i receive their remind letter … so i go to Sign it ….

  144. islander_ori
    May 18th, 2013 at 19:43 | #144

    @cm
    which block is your unit?

  145. islander_ori
    May 18th, 2013 at 19:48 | #145

    @Bryant
    which block is your unit?

  146. Fr
    May 18th, 2013 at 20:15 | #146

    @bryant
    Yours is 1020sf? Price is before 3+5% discount? I booked extra unit 1020sf blk A at 650psf net, not sure to proceed

  147. Bryant
    May 18th, 2013 at 22:23 | #147

    Mine is BLK B.1020sqft. Price increase is before 3%+5% discount..
    All units price hike up! A friend’s unit @ 872sqft up 35k.
    Fr, if you let go then others will grab it at the new price.
    But there isn’t another pwc condo at this price in future launches specially not on reclaim land except for the front plot of land where the show gallery is seating on.
    Heard Asia green has purchased that plot for another four blocks of condo (plan to launch late this year or early next year). Just FYI.. Since you hesitate.

  148. JayJ
    May 18th, 2013 at 23:07 | #148

    @Bryant

    What’s asia green doing with the four blocks? are those like asia heights condo in farlim?

  149. Jason
    May 19th, 2013 at 00:22 | #149

    Are u talking about Victoria Bay?@JayJ

  150. Bryant
    May 19th, 2013 at 00:23 | #150

    @JayJ

    No concrete details yet.. But should be residential. Lets wait..

  151. Alicia
    May 19th, 2013 at 17:00 | #151

    @cm

    Are you still interested to buy another unit?

  152. Alicia
    May 19th, 2013 at 17:02 | #152

    @Kai

    Is your 920k after or before discount/rebate ?

  153. Alicia
    May 19th, 2013 at 17:05 | #153

    I m buying a larger unit and would like to let go small unit. Interested? Please call 0165558565

  154. islander_ori
    May 19th, 2013 at 22:02 | #154

    Bryant :Loan approved! Ocbc BLR-2.4. My unit increase 50k from the price I booked last time

    What is loan package?

  155. Bryant
    May 19th, 2013 at 22:08 | #155

    @islander_ori

    Have not received the details. Will ask by end of next week.

  156. islander_ori
    May 19th, 2013 at 22:12 | #156

    @Bryant
    You said your unit increased 50k. Is it Block A or B?

  157. AL
    May 19th, 2013 at 23:17 | #157

    What is the price for type F (1 ,590 sq ft) at block C?

  158. Bryant
    May 19th, 2013 at 23:19 | #158
  159. islander_ori
    May 19th, 2013 at 23:30 | #159

    @Bryant
    Initial launching price for Block A & B is lower than Block C & D.
    But the developer is matching the price between Block A & B and Block C & D now.
    So units from Block A & B increased 50k; and Block C & D increased 28k. (before discount/rebate)
    This is what observed in the sale office around end of April.
    Hope this can clear the doubt for all existing or potential buyers.

  160. Bryant
    May 19th, 2013 at 23:38 | #160

    @islander_ori
    That means, on paper,early buyers for BLK A & B is paying lower.
    Not anymore with this recent adjustment of price.

    So to all early bird buyers, do not let go of your units!!

  161. Bryant
    May 19th, 2013 at 23:42 | #161

    @AL
    The last time I saw was 1.145mil 6th floor.

  162. helloworld
    helloworld
    May 20th, 2013 at 11:44 | #162

    @islander_ori
    so in actual the price is no increased by rm50k or rm28k right, as it is before discount/rebate? what is the estimate price increase after discount/rebate? probably ard 7k-10k?

  163. islander_ori
    May 20th, 2013 at 17:19 | #163

    @helloworld
    yes, you are right.

  164. Jason
    May 20th, 2013 at 22:10 | #164

    Are u compare the price of CNY and now?Actually since the day one Ivory lunched until now, the price increase about 55K depend on the unit.@islander_ori

  165. islander_ori
    May 20th, 2013 at 22:25 | #165

    @Jason
    Depends on block#.
    Block A & B is lower than Block C & D during launching.

  166. Jason
    May 21st, 2013 at 01:14 | #166

    For block c n d,since day one until now,price increase how much?@islander_ori

  167. ANDY
    May 21st, 2013 at 17:18 | #167

    @Jason

    ALL TYPE UP 28K BUT + 3% DISCOUNT UP 10K+ ONLY..

  168. islander_ori
    May 21st, 2013 at 19:12 | #168

    @Jason
    Block C & D, since day one until now, price increase 28k before discout.
    After 3% + 5% discount, 7k~10k increase for all types.

  169. Pwc
    May 21st, 2013 at 23:34 | #169

    The biggest price impact is for blk a and b…and the biggest % impact is the studio unit..for example say 455sf at 13 flr now is 439900 less 3+5% = 404k, price during CNY was 356k net, therefore paper increase of 48k or 13% !

  170. cm
    cm
    May 22nd, 2013 at 22:29 | #170

    Diffrent so much …. 13% ….

  171. huhhuh
    May 22nd, 2013 at 23:59 | #171

    anybody cancelling 872sqft for Block D?
    msg me at huh2huh@hotmail.com
    thanks

  172. curious
    May 26th, 2013 at 09:57 | #172

    hi, i saw there is a plot of land near block B..what is the usage of that plot of land?

  173. islander_ori
    May 26th, 2013 at 11:41 | #173

    @curious
    TNB statiion

  174. Tommy
    May 26th, 2013 at 12:12 | #174

    Dun go to block A and B.Pay more to block C or D, or u will regret later.@curious

  175. kc
    May 26th, 2013 at 12:40 | #175

    It’s not TNB station. Is reserved land for state govt.

  176. cm
    cm
    May 26th, 2013 at 13:14 | #176

    Who will confirm ?? TNB or Reserved land ??

  177. curious
    May 26th, 2013 at 15:06 | #177

    @islander_ori
    doubt that plot is for TNB station as it’s quite a big plot..
    @kc
    do u know what is the usage of the reserved land for state govt? thx..

  178. pwc
    May 26th, 2013 at 16:14 | #178

    The land is for TNB substation (not power station). The function is to bring in underground cable with higher voltage and step down to lower voltage and distributed via underground cables to surrounding areas. The substation is GIS type, meaning the electrical equipment are inside an enclosed building about 3 storey high.

  179. curious
    May 26th, 2013 at 16:39 | #179

    not sure if staying next to GIS power substation has any impact to our health?

  180. Bryant
    May 26th, 2013 at 21:26 | #180

    Salesguy told me that the plot of land is for substation. I recall him saying that the car park and the substation about the same level. Will not affect the lowest floor. But not sure about proximity though.. Anyway, will not block the view.

  181. Bryant
    May 26th, 2013 at 21:49 | #181

    islander_ori :

    Bryant :Loan approved! Ocbc BLR-2.4. My unit increase 50k from the price I booked last time

    What is loan package?

    Lock in 3yrs starting from first progressive disbursement. Signed the loan. It will stay valid till the plan is approved. If delayed, the loan will still be valid unless developer change their mind and not selling.

  182. islander_ori
    May 26th, 2013 at 22:52 | #182

    @Bryant
    Thanks for your info. Will go to apply the loan this week.

  183. curious
    May 27th, 2013 at 08:02 | #183

    @pwc
    What are the projects in Penang which has this kind of TNB GIS substation? Thx.

  184. curious
    May 27th, 2013 at 08:03 | #184

    @pwc
    What are the projects in Penang which have this kind of TNB GIS substation? Thx.

  185. Fish
    May 27th, 2013 at 10:18 | #185

    @tommy. can i u’stand Y u mention not to buy block A&B but choose C&D ? actually i just shortlisted block B on saturday and is about to pay…..i oso notice still have a more middle flr at D so i am now hestitating… i am looking for 1020 initially but no more left only 1320…so 1320 a bit over budget so am now in dilemna…

  186. Sensei
    May 27th, 2013 at 11:34 | #186

    Pwc :
    The biggest price impact is for blk a and b…and the biggest % impact is the studio unit..for example say 455sf at 13 flr now is 439900 less 3+5% = 404k, price during CNY was 356k net, therefore paper increase of 48k or 13% !

    404k for 455sf. How much can we sell when complete?

  187. Wong
    May 27th, 2013 at 14:59 | #187
  188. Tommy
    May 27th, 2013 at 15:10 | #188

    Foa block A and B are too near to the highway and TNB, can u stand for the noise?If u like Block A or B, better chose the pool view bcoz they are facing east so not so hot.For me I ready can stand for the highway noise and afternoon sunlight.@Fish

  189. Alicia
    May 27th, 2013 at 15:14 | #189

    @fish
    I have a 1020 unit at block D to let go. Please call 0165558565 if you are interested.
    Block A and Block B is nearer to highway and TNB substation, if compared with Block C and Block D.

  190. islander_ori
    May 27th, 2013 at 21:10 | #190

    Visited sales office just now. More than 90% booked, few left.

    Block A – 455sqft x6, 615sqft x5, 1320sqft x4
    Block B – 1320sqft x8
    Block C – 615sqft x14, 1320sqft x2
    Block D – 615sqft x4, 1320sqft x1

    Looks like Block D is more popular.
    Just wonder 455sqft (Block A) is the hottest during launching but it is not for now.

    Sales guy said developer license not yet approved.
    Anyone know more updates?

  191. Bryant
    May 27th, 2013 at 21:22 | #191

    @islander_ori
    Just have to wait. Probably towards year end!

  192. cm
    cm
    May 28th, 2013 at 00:01 | #192

    Yes .. Maybe get the Developer License on Sept or Oct .. Cause all the Panel already can approval our Loan … BLR -2.4%

  193. Doggy
    May 28th, 2013 at 02:08 | #193

    islander_ori :Visited sales office just now. More than 90% booked, few left.
    Block A – 455sqft x6, 615sqft x5, 1320sqft x4Block B – 1320sqft x8Block C – 615sqft x14, 1320sqft x2Block D – 615sqft x4, 1320sqft x1
    Looks like Block D is more popular.Just wonder 455sqft (Block A) is the hottest during launching but it is not for now.
    Sales guy said developer license not yet approved.Anyone know more updates?

    Because Blocj C & D have sea facing view, at least for coming 3-4 years.

  194. tomyam
    May 28th, 2013 at 07:14 | #194

    @Fish

    If block A, B price already raise up and same with Block C, D.Then for sure go for Block C and D. As no need to face the outer road.
    But if Block A and B is still cheaper then block C, D, then choose those not facing outer road unit, face garden and face east. I personally will avoid all facing west direction unit no matter it is in which block. You will feel the pain especially in these days.I already suffer for facing west unit these year.. will not repeat it again.

  195. helloworld
    May 28th, 2013 at 09:16 | #195

    do you think block D lower floor (<8th floor) pool view is OK? It still faces west but will be blocked by opposite block.

  196. tomyam
    May 28th, 2013 at 10:29 | #196

    @helloworld

    Dunno block A,B is really able help to Block the sunset… as it is still some distance between 2. But lower floor could be safer compare to high floor.
    How much psf now for it?

  197. helloworld
    May 28th, 2013 at 11:03 | #197

    it is around 700psf now..just hoping the sunset will get blocked most of the time..

  198. Bryant
    May 28th, 2013 at 12:39 | #198

    @helloworld
    Which size is your unit?

  199. helloworld
    May 28th, 2013 at 15:18 | #199

    mine is 872sqft one.. i believe bigger size will be cheaper in terms of price psf..

  200. Pwc
    May 28th, 2013 at 21:31 | #200

    I had a quick look on sampling of prices…currently mid floor ranges roughly 700psf(1320sf) to 900psf (455sf) after3+5% discount..it would be interesting to see how they will price blk E.. Somehow i feel the >1100psf at Southbay Loft will give booster to this project

Comment pages
1 2 3 4 5 6 17 7220
  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)


Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.



To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 2. Remember to select "Tropicana Bay Residences @ Penang World City" as the [Related Project]
 (Please do not advertise your property in the comment)