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Iconic Skies

March 1st, 2013 Leave a comment

A residential development by Iconic Development Sdn. Bhd. at Relau, Penang. This development comprises two condominium towers and 3 1/2-storey villas on top of the podium (Skies Villa).

More information to be available soon.

Property Project: Iconic Skies
Location: Relau, Penang
Property Type: Condominium & Villa
Land Tenure: Freehold
Developer: Iconic Development Sdn. Bhd.

Categories: Relau Tags:
  1. jackie
    March 1st, 2013 at 19:41 | #1

    where is the exact location? i wonder relau will be having serious traffic congestion after all these built.

  2. monkeyman
    March 1st, 2013 at 20:30 | #2

    How much psf? Now Relau area not really can invest already.. Over supplied

  3. KK
    March 1st, 2013 at 20:31 | #3

    When will b launch?

  4. G E YEOH
    March 1st, 2013 at 20:44 | #4

    PLEASe send me more details bout the condo project .

  5. PPT
    PPT
    March 1st, 2013 at 21:11 | #5

    I interesting to know as well

  6. ncl
    ncl
    March 1st, 2013 at 22:39 | #6

    Am interested as well!

  7. Ken (Admin)
    Ken (Admin)
    March 1st, 2013 at 22:59 | #7

    Sure. Once I have the details and updated, I will inform everyone via Facebook page. :)

  8. kk
    March 1st, 2013 at 23:41 | #8

    Ho

    When start for booking?

  9. YesOrNo
    March 2nd, 2013 at 00:11 | #9

    Behind Petronas station. Serounder by flat.

  10. The Boss
    March 2nd, 2013 at 01:29 | #10

    Crappy website they have!

  11. Alvin
    Alvin
    March 2nd, 2013 at 15:30 | #11

    YesOrNo :
    Behind Petronas station. Serounder by flat.

    If so, the location is more deeper inside if compare to GV/OI. Is it possible that cheaper than GV/OI in term of RMpsf?

  12. Goppal
    March 2nd, 2013 at 18:41 | #12

    wuts up with malaysian developers and the word ‘sky’……
    cant they fine some better name… haihh… kl is also full of this sky bla blah blah..

  13. Goppal
    March 2nd, 2013 at 18:44 | #13

    its a very nice design seriously… shud have a professional name as well

  14. Goppal
    March 2nd, 2013 at 18:48 | #14

    i use to live in relau for a while its a decent place overall…. i think its fine there but not sure now… only problem is near the junction near bayan residences its a narrrowing bottleneck… the road shu be expanded to a proper junction… but its ;ike there’s development all around it so there is no plan for road expansin or sumthin ah…

  15. Telescope
    March 2nd, 2013 at 19:15 | #15

    It’s just the lighting that camouflage to look nice. The illumination of
    coloured lights that makes the difference. You won’t get the same
    picture when the is completed.

  16. jc
    March 4th, 2013 at 10:31 | #16

    Jun 13 will launch

  17. J
    March 4th, 2013 at 11:11 | #17

    @jc

    you called up the sales office to confirm ?? tq.

  18. kevin
    March 4th, 2013 at 15:43 | #18

    what is price??

  19. ck_100
    ck_100
    March 4th, 2013 at 16:43 | #19

    anyone know about the psf and exact location at Relau? Thx

  20. jc
    March 4th, 2013 at 22:14 | #20

    J :
    @jc
    you called up the sales office to confirm ?? tq.

    @j u r welcome,let’s come back during June. Smallest unit is 1200sqft.

  21. jc
    March 4th, 2013 at 22:15 | #21

    @ck_100
    Is behind petronas

  22. jc
    March 5th, 2013 at 09:16 | #22

    @kevin
    RM450/sqft

  23. ck_100
    ck_100
    March 5th, 2013 at 10:50 | #23

    jc :
    @ck_100
    Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

  24. ck_100
    ck_100
    March 5th, 2013 at 10:51 | #24

    ck_100 :

    jc :
    @ck_100
    Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

    jc :
    @kevin
    RM450/sqft

    Wow RM450/sqft is more expensive the both OI & GV.

  25. kc
    March 5th, 2013 at 20:55 | #25

    ck_100 :

    ck_100 :

    jc :
    @ck_100
    Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

    jc :
    @kevin
    RM450/sqft
    </blockquotkc
    Wow RM450/sqft is more expensive the both OI & GV.

    it is due to skies is near to gas n petrol

  26. jc
    March 5th, 2013 at 20:57 | #26

    ck_100 :

    jc :
    @ck_100
    Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

    I do not sure,u can check around

  27. ck_100
    ck_100
    March 8th, 2013 at 15:26 | #27

    kc :

    ck_100 :

    ck_100 :

    jc :
    @ck_100
    Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

    jc :
    @kevin
    RM450/sqft
    </blockquotkc
    Wow RM450/sqft is more expensive the both OI & GV.

    it is due to skies is near to gas n petrol

    called office yesterday, this project is not really that close to petrol station but is further inside/behind that location. Btw, do you think closer to gas n petrol is the reason with higher psf?

  28. aaron
    March 11th, 2013 at 09:33 | #28

    ck_100 :

    kc :

    ck_100 :

    ck_100 :

    jc :@ck_100 Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

    jc :@kevin RM450/sqft</blockquotkcWow RM450/sqft is more expensive the both OI & GV.

    it is due to skies is near to gas n petrol

    called office yesterday, this project is not really that close to petrol station but is further inside/behind that location. Btw, do you think closer to gas n petrol is the reason with higher psf?

    It is 1 of the factors….easy access to get petrol…convenient to get snack..

  29. Penastay
    March 17th, 2013 at 18:59 | #29

    how big is the smallest unit?

  30. Jacklyn
    March 26th, 2013 at 06:24 | #30

    what is the selling price for the skies villa?

  31. kalai83
    kalai83
    April 3rd, 2013 at 13:25 | #31

    when are they launching ?

  32. Amazint
    April 3rd, 2013 at 16:23 | #32

    aaron :

    ck_100 :

    kc :

    ck_100 :

    ck_100 :

    jc :@ck_100 Is behind petronas

    Hi JC, it is directly behind petronas or further inside? btw, can we see any signboard of the developer at there?

    jc :@kevin RM450/sqft</blockquotkcWow RM450/sqft is more expensive the both OI & GV.

    it is due to skies is near to gas n petrol

    called office yesterday, this project is not really that close to petrol station but is further inside/behind that location. Btw, do you think closer to gas n petrol is the reason with higher psf?

    It is 1 of the factors….easy access to get petrol…convenient to get snack..

    Hahaha, what a joke. Funny, but what a thinking. No banker wanted to finance a project if the project to b located next to a petrol kiosk. In future it will also effect your sub-sale price.

  33. Opg
    Opg
    April 22nd, 2013 at 11:01 | #33

    Hope to hear good news on this project

  34. Tom
    May 13th, 2013 at 21:07 | #34

    When will be launch?

  35. Opg
    Opg
    May 29th, 2013 at 11:30 | #35

    Is the project launch? Can do booking?

  36. kopi peng
    nicholas
    June 4th, 2013 at 14:46 | #36

    i heard from my friend that, for now, they only launch the 2 storeys villa. is is true ?

  37. change
    change
    June 6th, 2013 at 22:39 | #37

    called office today, Jul/Aug launching.

  38. Tan
    June 15th, 2013 at 15:54 | #38

    If I were to compare, i would rather wait for Setia Sky Vista to launch around Sep/Oct

    1) It is not next to petrol station
    2) Better floor and layout plan
    3) Reputable developer
    4) Situated in Setia Vista landed housing area

  39. KK
    June 22nd, 2013 at 22:22 | #39

    @Tan
    Can you pls share the Iconic Skies floor layout plan? Coz I been to the office, the staff said not announce yet.

  40. lim
    July 27th, 2013 at 21:46 | #40

    @Tan
    Pls share me the layout also.

    limlee2012@gmail.com

  41. Teoh
    August 13th, 2013 at 17:03 | #41

    Pls share me the layout.

  42. jane
    August 16th, 2013 at 18:36 | #42

    Pls share me the layout and pricing each unit type.
    email to hoelily619@gmail.com

  43. Iconic
    August 16th, 2013 at 18:53 | #43

    Launch already?

  44. Chen
    August 16th, 2013 at 23:14 | #44

    Pls share me the layout and pricing each unit type.
    email to huiling126@hotmail.com

  45. JY
    August 20th, 2013 at 16:51 | #45

    Now postponed to Oct or Nov time frame liao.

  46. meemee
    August 20th, 2013 at 16:56 | #46

    Don’t buy apartment & condo, earthquake in Kedah this morning. Malaysia no more safe from earthquake already.

  47. PK Lu Lu
    August 20th, 2013 at 17:18 | #47

    @meemee
    No worry lah.

  48. eric yeoh
    August 29th, 2013 at 09:33 | #48

    Please share me the layout and price for each unit type.
    email to eric-yyc@hotmail.com

  49. Kee
    September 8th, 2013 at 00:21 | #49

    Pls send me layout n price for each unit type. Tq.

  50. TGY
    September 11th, 2013 at 15:18 | #50

    Anyone has the price and layout information for this project ?

  51. Ah Dog
    September 12th, 2013 at 07:44 | #51

    Go to straight quay convention center this weekend, find out there, received sms regarding this project will be exhibited during this weekend’s big property fair. (title is ‘Big’, but don think many developers or new project)

  52. Ah Dog
    September 12th, 2013 at 07:46 | #52

    Definitely a good buy if price at RM500psf? Will this price possible? Seems not…..probably RM600psf? This one look very ‘luxury’ compare to all other condos at that surrounding area.

  53. Bear
    September 13th, 2013 at 01:41 | #53

    I received the SMS too. But the SMS shown iProperty Fair @ Strait Quay.

  54. Ah Dog
    September 13th, 2013 at 07:59 | #54

    Yes, everyday with 100 box of mooncakes to be given away! No plan to buy this property also go and see la…

  55. JY
    September 13th, 2013 at 23:50 | #55

    Min RM700K onwards because smallest unit 1483 sqft. RM470 per sqft.

  56. max
    September 14th, 2013 at 08:09 | #56

    How was the response on the 1st day?

    Anyone camped there to queue up overnight?

  57. JY
    September 14th, 2013 at 10:45 | #57

    Launch date is 2 weeks from now. If this pricing, hardly to c camping for 2 weeks la. Haha….

  58. allen
    September 14th, 2013 at 12:45 | #58

    smallest unit available there is 1483sqft??no more smaller than this or cheaper than rm700k?

  59. Paul
    September 16th, 2013 at 11:53 | #59

    soft lauching?

  60. Jay
    September 18th, 2013 at 15:55 | #60

    Got their brochure and floor plan. There are 760sf & 1000sf but sales said not open for sale. It’s under the affordable homes. Anyone can advise on how we can get the affordable homes?

  61. saipan
    September 18th, 2013 at 17:48 | #61

    The sale office said selling price of RM500 psf.

    Soft launch in Oct with 5% discount, DIBS and free legal fees.

    Should I queue up to buy? Is it a good investment?

  62. joan
    September 18th, 2013 at 20:47 | #62

    Where is the sales office, any contact number.

  63. Ah Dog
    September 18th, 2013 at 22:59 | #63

    After rebate RM470psf; come with side by side car park (with invitation cards and early birds), RM700k++ onwards for ~1500sf; it is current market price la. I think there will be a long queue for several nights. Nice layout, luxury design, a lot better (seems like) than SP Setia’s Sky Vista with RM550psf. Very good for own living.

  64. Ah Dog
    September 18th, 2013 at 23:02 | #64

    For investment, unless you think it will appreciate till over RM1million once completed, else, it is not good for investment, but for own stay.

  65. Chocolate
    September 18th, 2013 at 23:06 | #65

    The artist who design the poster is really successful to create the condo looks very nice.

  66. share
    September 19th, 2013 at 10:01 | #66

    @Jay

    Mind to share the brochure to my mail anarchyze@yahoo.com

  67. Amy
    September 19th, 2013 at 12:40 | #67

    http://iconicskies.com/index.php?p=home

    The area is surrounded with high rise low cost behind, petrol station at a side and kampung houses now.
    In front of the project, small land area is still undeveloped.

  68. Paranormal
    September 20th, 2013 at 07:57 | #68

    Bring RM10,000 cheque to book an unit on 28th Sept; remember to bring IC and invitation card. May start to queue on Tuesday or Wednesday.

  69. Paranormal
    September 20th, 2013 at 08:00 | #69

    Looking for a bangla for queuing service, for 3 days.

  70. 123 Property
    September 20th, 2013 at 08:56 | #70

    Need bangla meh…why act so cheap?

  71. vito
    September 20th, 2013 at 11:55 | #71

    I called gsd sales office about Gardensville (GV). All sold out. The last sold psf was rm530.

    Is IS better than GV?

  72. Economic Crisis
    September 20th, 2013 at 20:09 | #72

    @123 Property
    Or you want to waste your own valueable time to queue meh?

  73. ks-rev
    September 20th, 2013 at 21:02 | #73

    760sqf and 1000sqf not open for sale, only selling big units, rm750k++…..can forget abt this project..

  74. saipan
    September 22nd, 2013 at 03:41 | #74

    vito :
    I called gsd sales office about Gardensville (GV). All sold out. The last sold psf was rm530.
    Is IS better than GV?

    RM750K for a 1500 sf condo in RELAU?
    For investment, it is a NO NO. For own occupancy, it is fine but not great!

  75. Jj
    September 22nd, 2013 at 08:39 | #75

    Before you decide to buy this, try to go to Relau during peak hours to feel the traffic. If you can stand the traffic, then go ahead. Otherwise you would regret.

  76. Not-onwer
    September 22nd, 2013 at 10:45 | #76

    dont bullshit lah.. the traffic in relau is not that bad comparing to greenlane…
    the traffic in bayan lepas and sungai ara is much more worst than in relau…

  77. HUAT
    September 22nd, 2013 at 11:01 | #77

    Relau traffic during peak hour really can vomit blood! Very extremely bad. Not that other place in pg no jam but with the ever increasing density of housing in relau, it will be prone to even worst traffic jam in years to come!

  78. saipan
    September 22nd, 2013 at 20:53 | #78

    Major roads near the Golden Triangle, Gardensville & Iconic Skies in Relau will be widened to 4 to 6 lanes. That would help in easing the congestion.

  79. Alvin
    Alvin
    September 22nd, 2013 at 21:14 | #79

    saipan :
    Major roads near the Golden Triangle, Gardensville & Iconic Skies in Relau will be widened to 4 to 6 lanes. That would help in easing the congestion.

    It is much better after the T-junction has been closed for upgrading and open the new road to Sungai ara. The traffic flow has significantly improved. But there is still the terrible jammed in Bayan Baru & Bayan Lepas area during peak hour.

  80. Not-onwer
    September 22nd, 2013 at 22:23 | #80

    i do agree the jam in bayan bari and bayan lepas is much much worst that in relau…

  81. JY
    September 27th, 2013 at 09:06 | #81

    Tomorrow soft launch and how was the response? Anyone Q up to buy?

  82. lai
    September 27th, 2013 at 10:02 | #82

    Q up to purchased property is over, purchase power drop nowdays, developer having difficult time to sell the property but of course we will see the chart display will have many sticker place on it to tell us all units fully book, this is new tactic. Too many property at this area. Receiving many sms from new property launch, every month having property fair.

  83. Bryant
    September 27th, 2013 at 10:19 | #83

    @lai
    The sticker thingy is very old tactic liao…they must close it to give buyers the mentality to think that this project really hot cake. Some target only 6 months sales. Those units cannot sell will be kept till completion for subsale. In other words, within 6 months you will see “Fully Sold”. Its an even long term mentality strategy to push subsale to another level upon completion. Well, just an example. Can be as short as 3 months or even 3 days.

  84. Nyonya
    September 27th, 2013 at 10:32 | #84

    Yesterday saw the office is filled with people with catering but door is barred, seems like they are giving investors priority lane to book.

  85. Gigi
    September 27th, 2013 at 10:42 | #85

    Investor clubs must have booked all of the good units. Should be min 520psf now.

  86. SP
    September 27th, 2013 at 10:47 | #86

    This project probably will be the most expensive condo project in that area.

  87. JY
    September 27th, 2013 at 12:50 | #87

    Tomorrow morning drop by and ronda ronda there see how was the response.

  88. Ah Dog
    September 27th, 2013 at 13:44 | #88

    So, the queue started already?

  89. Nyonya
    September 27th, 2013 at 14:13 | #89

    Queue start 9am-6pm today. You have to get no. then sit there wait till 6pm only qualified.

  90. Q
    Q
    September 27th, 2013 at 15:57 | #90

    buy this unit better or setia sky vista? still considering. both also at relau.

  91. Don
    September 27th, 2013 at 20:54 | #91

    If I go tomorrow morning still can buy or not? What’s the q number?

  92. Ken
    September 27th, 2013 at 21:19 | #92

    @Bryant
    I disagreed with you. They opened for sale for their vip customers yesterday and they were quite a lot of them. I know somebody who went and bought. Not investor group.

  93. Nyonya
    September 27th, 2013 at 21:33 | #93

    Ken, how’s the sales yesterday?
    Don, according to the sales person if go tmr without number, have to wait until all with numbers are called, then only open to people without number. But not sure invitation card is still required for those without number.

  94. appollo31
    appollo31
    September 27th, 2013 at 22:22 | #94

    Hey. No need go. Already 600 people put no for flight the condo units. U all wort go chance. They will goreng sure.

  95. newy
    September 27th, 2013 at 23:59 | #95

    you sure ont, jz nw 6pm, i got no of 20+, and when closure, only until no 30. nonid bangla…at 11am, i go and check before get no, only q until 20nia…so..i guess no much ppl look for this!

  96. appollo31
    appollo31
    September 28th, 2013 at 00:39 | #96

    hey. u all really want to buy ?
    such a so so expensive 1460sqft cost RM780K, u all are boss ?
    Really penang got such a so much rich people for crazy to rush this condo ?
    Where u all earn this $ ? black $ ???

  97. newy
    September 28th, 2013 at 08:56 | #97

    you din really ans the question. u cn look hs at other place such as mainland to get your dream house accordingbudget

  98. jenson
    September 28th, 2013 at 12:54 | #98

    How is the queue today? I was wondering if these kind of 700k above property also need to queue like crazy, is our property in Penang gone freaking nuts?

  99. Jacky
    September 28th, 2013 at 16:13 | #99

    this project price too expensive 700k……..

  100. berk
    September 28th, 2013 at 19:06 | #100

    heard they combining “lower cost (not low cost)” units in the project.

    is it true? can anyone help to clarify this…trying to get one unit too.
    if yes, thats pretty nuts.. imagine paying > $700K+ to share same facilities with …

  101. appollo31
    appollo31
    September 28th, 2013 at 20:01 | #101

    @berk.
    Yes. Very confirmed combine with lower cost for 760sqft units but only reserve for government 1 Malaysia project. I’m the one who attend VIP launching for special JOB customer. U all no need to buy for sure cannot get.
    Unless u got lubang or contact with political people. Don’t dream all. Want buy have to buy min 780k. Good luck.

  102. saitofish
    September 28th, 2013 at 20:57 | #102

    There are 2 blocks with 4 and 6 units per floor. The block with 6 units per floor consists of 2 units of affordable housing. They are selling at RM200K+ (RM300+psf) with no car park and no basic tilings. The buyer have to opt for the “package” with car park, it will come up to be RM400+ psf.

    NOT CHEAP FOR AFFORDABLE HOUSING!

  103. vip
    September 29th, 2013 at 01:18 | #103

    I was invited for the pre-launch on last Wed Sep-25-2013. They were offering 50 units with selling price of RM520psf. The smallest unit @ 1,483 sf x RM520 = RM772K. I was told they have a few units @ RM470sf with not so good location/floor. Those were reserved for soft launch on Sat Sep-28-2013.

    P/S: I did not go because I think it is not a good investment.

  104. berk
    September 29th, 2013 at 08:22 | #104

    @appollo31,
    thanks for the confirmation.
    im not trying to get those lower cost unit, but those normal cost units.

    was thinking that paying >700K+ partly is for the facility and some “class”…
    and now telling me those ppl buying lower cost units through “relationship”will be living around and sharing facility? thats NUTS !

    lower cost have to opt for “package”? HAVE TO? those with “relationship” might not necessary want to get package. try to force them see what happen.
    they might getting those low cost without package and rent out to get maximum profit.

    even if they get package, in future they might sell out the parking lot and unit separately thus the house is available to the open market at lower cost.. pssssttt. thats nuts.
    im out.

  105. nnp
    September 29th, 2013 at 09:55 | #105

    @berk

    I was told that the affordable house is not a low or medium cost unit.
    It is 500k house and smaller units compare to normal unit which is roughly 500 square feet larger.
    The affordable houses is only offer fof first time buyer and cannot sell within 5 years. I was told that affordable house is roughly about 500k for 1000 square feet and ‘normal unit’ is 700k++ for 1483sqf. It’s cheaper for ‘normal unit’ if we consider the price per square feet.

    Also as I know , chunh hwa high school branch is confirm to built at the opposite of the IS. An there is a proposed international school next to chung hwa. It seem to me is a good investment though.

  106. landmark
    September 29th, 2013 at 12:46 | #106

    Heard they had sold out all units yesterday!

    Anyone can confirm this?

  107. stupid berk
    September 29th, 2013 at 12:46 | #107

    another nut talking about standard and class, if you are high classs ppls t,why choose lousy area like relau to live, talking nonsense.@berk

  108. jenson
    September 29th, 2013 at 14:24 | #108

    With this kind of price sold out in one day? Thats nut!
    I hope most of the buyers are genuine buyer not speculator or investor. Keep on goreng….

  109. IS buyer
    September 29th, 2013 at 14:27 | #109

    I am a IS buyer. I surveyed other projects before i decided to buy IS. Yes 700k is expensive but if you calc based on per sqft value it is in fact the cheapest, lowest density and has one of the most luxury facilities. For instance Setia Sky Vista is selling at 550 per soft ONWARDS(this is just the prelim and minimum number), orchard ville 1080 sqft unit selling at 640k thats about 600 per soft, and clover also over 800k. And IS is just ~500 per sqft. I think it is a good deal as it has very low density (4 units per floor and only total 299 units), low per sqft value and quite luxury outlook and facilities. 700k for a condo like IS in relau is not nut, nuts are those who think 700k still can buy a brand new condo like IS in area like pulau tikis, gurney or even bukit gambir or jelutong.

  110. luo
    September 29th, 2013 at 14:57 | #110

    The price is base on current market price….i dun think u have any choice. Take it or leave it

  111. appollo31
    appollo31
    September 29th, 2013 at 15:35 | #111

    Is buyer.
    U r a boss or a high pay mc manager. Pls think such a expensive price for how to affort every body to buy. U all stupid to give chance developer to goreng. If nobody buy do u think they cannot reduce price ? Good luck u r a Rickman or a bignoring big boss for $ is not a problem.

  112. Nuts
    September 29th, 2013 at 16:17 | #112

    pricing more than 700k sold out one day, penang full of very rich nuts peoples.

  113. luo
    September 29th, 2013 at 17:04 | #113

    World ia always unfair, full of nut, shit, chit, even idiot. That is why some people make it to Tun, Tan Sri, Datul Sri, etc…but some will left behind blaming sky, blaming ocean, eventually we have to blamve ourself. Just a 1 cent input

  114. Kent
    September 29th, 2013 at 17:13 | #114

    Really sold out? Where is the sales office? Any show unit?

  115. IS buyer
    September 29th, 2013 at 17:17 | #115

    Went to the office again this morning for the free buffet. Not yet sold out la, but the tower B (4 units per floor) is going to finished soon. Tower A still got a lot.

  116. IS buyer
    September 29th, 2013 at 17:18 | #116

    Btw i’m not richman or even a manager la. I’m just an ordinary engineer works in ftz just like most of the penang kia.

  117. JY
    September 29th, 2013 at 18:08 | #117

    Just now I also went to the office and roughly count total 127 units already booked. Not bad the sales.

  118. Goreng
    September 29th, 2013 at 18:37 | #118

    @luo
    Luo, thumbs up! There are more Penang nuts around complaining about property price…. They can continue to moan too….

  119. Ken
    September 29th, 2013 at 20:50 | #119

    @JY
    Can I minus 299 (total) – 127 (booked) = 172 unit (left) but how many are affordable houses?

  120. jenson
    September 29th, 2013 at 22:09 | #120

    Starting about 690k n keep going depend on the level.10% downpayment.
    I guess around 2.5k -3k per month at least.I salute to those genuine buyer who bought it for stay.If after VP obtain I think it going to be a million.By then a 1483sq apartment cost a million then we can say welcome to Hong kong,Singapore,Beijing,shanghai ,seoul n etc lifestyles

  121. SKK
    September 29th, 2013 at 23:09 | #121

    Would it be better to buy a 1400sqft landed in Sg.Ara or even Lipsin at about the same price range? We all know that prop price will appreciate and like it or not, landed will be more valuable. By the way, it was posted there developer should not collect any fees/deposits if there are not committed to get the snp signed within the next XX days. I read it somewhere here and it is an guideline by housing dept. Am I wrong? For IS case, the snp will sign 6mths later or more…

  122. JY
    September 30th, 2013 at 00:59 | #122

    @Ken

    If not mistake only Tower with 2 units per floor for affordable home. So total is (37-6+1)x2=64

  123. AL
    September 30th, 2013 at 01:08 | #123

    IS Buyer, i agreed what you said.
    Even N-Park also selling RM500 psf now. Compared to surrounding projects IS is the most lowest density and luxury.
    @SKK

    @IS buyer

  124. pengemis
    September 30th, 2013 at 08:48 | #124

    my brother also bought one unit there during vip invitation… the road widening is in progress there and it really looks very luxury for the project… something stand out from other condos in relau/sg ara….

    but still i prefer to hunt for landed with top up 200-300k compare to this… just my 2 cents..

  125. Nuts
    September 30th, 2013 at 09:33 | #125

    another nuts@jenson

  126. Kelly
    September 30th, 2013 at 09:45 | #126

    What are you guys thinking, 700K consider expensive for you guys? What a mentality, come on. I had no longer invested in Penang property since 2011, the reason is simple the subsale market is very slow thats the reason why i moved to central for my investment. At klang valley most of the 1000 sqft already reaching 800k to 1million at Pj, Cheras and a few location. While at KLCC the price will be much more expensive, ranging from 1.3m above for the same sqft unit and yet still its a BBB mode. Do you still think 700k expensive? :)

  127. berk
    September 30th, 2013 at 10:10 | #127

    stupid berk :
    another nut talking about standard and class, if you are high classs ppls t,why choose lousy area like relau to live, talking nonsense.@berk

    ohh personal attacks huh… what? are you one of the buy who can’t let ppl discuss?
    lets see what happen when you paid > 700k then get to stay and share the facility with bangla after all the “affortable” units get rent out to bangla…

    all sold out? same old tactic by developer, they keep for themself to make the project looks like hot cake.

    and yes, price might goes up many people say, but who will buy from you in subsale market. new project come out everyday. when there are so many project to compare, think for yourself first. why buyer want to buy from you ? price is there for u to set, but u need a buyer for the price being set.

    don’t be so aggressive, im not trying to atk this proj, i was trying to buy a unit too before this. im just trying get more info n discusss before i buy.

  128. ezalor
    September 30th, 2013 at 11:09 | #128

    @berk So called affordable units are how much? 400k, 500k? This kind of price you want to rent out to bangla? And the same time bangla so rich until willing to pay high rent to stay in condo with high end facilities? They come here for vacation or they can here to earn and save every single cent and send back home?

  129. Jenson
    September 30th, 2013 at 11:12 | #129

    My personal opinion is we all will know how is the market really is by 2015,2016 or even 2017 as most of the so-called <Rm400 psf with <1k psf property completed. I guess by that time with so many properties completed and subsale will happened, the market of demand & supply will readjust itself. If the price of the property goes down then at least not much of impact to those genuine buyer who bought the house for stay.

  130. berk
    September 30th, 2013 at 12:19 | #130

    ezalor :
    @berk So called affordable units are how much? 400k, 500k? This kind of price you want to rent out to bangla? And the same time bangla so rich until willing to pay high rent to stay in condo with high end facilities? They come here for vacation or they can here to earn and save every single cent and send back home?

    u sounds like amateur, watch and learn

  131. condomana
    September 30th, 2013 at 12:49 | #131

    @Jenson,

    Why? After bubble burst you want to sapu is it? Yeah, Relau, buy cheap can rent out to Bangla, but buy expensive, dunno who you can rent out to…:)

  132. condomana
    September 30th, 2013 at 13:04 | #132

    SKK :
    Would it be better to buy a 1400sqft landed in Sg.Ara or even Lipsin at about the same price range? We all know that prop price will appreciate and like it or not, landed will be more valuable. By the way, it was posted there developer should not collect any fees/deposits if there are not committed to get the snp signed within the next XX days. I read it somewhere here and it is an guideline by housing dept. Am I wrong? For IS case, the snp will sign 6mths later or more…

    Hi SKK,

    Collection of any payment by a housing developer before the signing of the SPA is an offence. This is very clear under the Housing Regulations and it does not matter what the developer calls it (deposit?booking fees? etc). Some developers try to circumvent this rule by assigning property agents to collect booking fees. This practice should be stopped immediately, with the agent’s license suspended if found guilty. Some developers are even known to hold on to deposit money for years before signing S&P (ivory, mesmeyer etc). If anyone of you not happy, you can go make a complain to the authority, as per normal malaysian practice, authority only act upon complain…:)…Malaysia Boleh!

  133. Jenson
    September 30th, 2013 at 15:10 | #133

    @condomana

    @condomana
    @condomana
    I wish I could sapu and goreng like those investor or speculator but I am not. Not enuf $ to do.

  134. Ah Dog
    September 30th, 2013 at 18:24 | #134

    Heard that still have many units, true? My friend ask me to go and take a look.

  135. Ah Dog
    September 30th, 2013 at 18:27 | #135

    If this IS condos not really can sell at RM470psf, then SP Setia how to push their sale for Sky Vista with RM550psf?

  136. lt
    September 30th, 2013 at 18:30 | #136

    Some say very laku, some say tak laku, confused.. better check out myself at D’piazza mall.

  137. WahK
    September 30th, 2013 at 21:30 | #137

    Ah Dog :
    If this IS condos not really can sell at RM470psf, then SP Setia how to push their sale for Sky Vista with RM550psf?

    Comparing this developer with sp setia?
    U r like comparing proton with Mercedes.
    Sp are branded developer like mercedes, This developer are new kid in this field. Just started doing developer not too long ago

  138. JY
    September 30th, 2013 at 22:57 | #138

    SP Setia no longer that one lead by Tan Sri Liew. Let’s wait for Tan Sri Liew’s new company Eco World :-)

  139. Bear
    September 30th, 2013 at 23:39 | #139

    The booking fees is collected by lawyer not developer. @condomana

  140. Bear
    September 30th, 2013 at 23:43 | #140

    I also wonder how u rent out a Rm500k house to a Bangla? If they can rent this price of price & pay maintenance fees they should be boss in Bangla already.@berk

  141. Fact
    October 1st, 2013 at 00:10 | #141

    @Bear

    They can share it out among themselves here. They can’t in Bangla because
    they are not getting this kind of money over there.

  142. SKK
    October 1st, 2013 at 00:16 | #142

    @Bear You will be surprise to see more and more foreign factory operators nowadays renting in a landed property…

  143. condomana
    October 1st, 2013 at 00:57 | #143

    @Bear

    Precisely, in order to circumvent the rule, they would either assign property agents (eg. mesmeyer and leon properties) or a lawyer.

    The Housing Regulation 11(2) stated: “No housing developer shall collect any payment by whatever name called except as prescribed by the contract of sale”. (In this context’ contract of sale means the SPA)

    Commission of such an offence under the Housing Regulations means that the developer in question can be prosecuted, fined and/or even imprisoned under Regulations 13. Even those persons who knowingly and willfully aids, abets, counsel, procures or commands the commission of such an offence shall be liable to be punished.

    Prosecution, however, is in the hands of the public prosecutor whose action or non-action the house buyers are not able to dictate. House buyers and indeed the general public are of course at liberty to lodge a complaint against any developer in breach of any housing laws. Such complaints can be lodged with the Enforcement Division of the Ministry of Housing and Local Government: www.kpkt.gov.my

  144. condomana
    October 1st, 2013 at 01:10 | #144

    Bear :
    I also wonder how u rent out a Rm500k house to a Bangla? If they can rent this price of price & pay maintenance fees they should be boss in Bangla already.@berk

    When you come to such pathetic situation of renting out a RM500k house to banglas, that means you have already failed to rent out your house at a rental proportionate to the purchase price, and therefore having to lower the rental to match banglas affordability….:)

    And I am sure you are aware that you can actually rent a renovated southbay 3 storey landed house for RM2000/month that comes with 3200sqft built-up area. Isn’t that equal to 4 units of 800sqft low cost flat at RM500 per unit?…:) You just squeeze in four times the number of banglas in there…:D

    And why is that happening? Coz we have built far more houses than we need, and you can’t get good tenants that pay good rents, especially for a place like Relau, good luck my friend!!…:D

  145. ezalor
    October 1st, 2013 at 08:43 | #145

    @SKK
    Because landed property can occupy more people, 15 persons also no problem, but not in condo. 2nd, it is very hard to rent out landed property, unless you do a major renovation, with fully furniture, also with alarm system install. You expect your local tenant to install themself? But for foreign workers, you dont mind to accept “kosong” landed house, as long as rental average per person is cheap. At the end, just tell me which luxury condo got Bangla workers group stay inside?

  146. yee fen
    October 1st, 2013 at 09:29 | #146

    how is the sold status now? and the selling price, im in singapore cant get exact image of the condo. any information can i get from you guys? thinking to invest one if the price and layout is reasonable. thanks

  147. Hemsley
    October 1st, 2013 at 10:10 | #147

    @ezalor

    Right. Maybe Setia Green, Siera 81 and Summerhill will be better better candidate as foreign worker hostel.

    By the way, besides Sri Abadi apartment, Sri Pahlawan apartment, Lavender apartment, Tunas low cost flats, Idaman Idris, Idaman Cempaka, Zan Pavilion, under construction Golden Triangle, One Imperial, Siera Residence, Garden Villes, coming Imperial Residence (phase 2, 3 & 4), Phase III condo from GSD, Golden Triangle phase II (?) and this Iconic Skies, total at least 9000 units of condo/ apartment/ flat in that small land. Will it really a good place to stay and invest?

  148. nd4spd
    October 1st, 2013 at 10:14 | #148

    @JY
    Agree, I second that..

  149. lt
    October 1st, 2013 at 10:48 | #149

    @Hemsley

    Affordable might not be comfortable.. Give and take. Unrealistic folks want big sft, sea view, high floor, low dense, two car parks, less traffic, convenient for shopping and work, but only willing to pay 500k top.

  150. condomana
    October 1st, 2013 at 10:50 | #150

    @yee fen,

    If you’re working in Spore and earning Spore dollars, I would advice you against investing in Relau, as this is a place for either owner occupancy or for those who simply can’t afford to invest something in a prime area but still very KEEN to invest….:D

    At the end of the day, it’s location,location,location and don’t buy something coz it’s comparatively cheap, buy it coz it’s good.

    Affordability should not be an issue to you, make good use of your Spore dollars…:)..Happy Investing!

  151. pengemis
    October 1st, 2013 at 11:05 | #151

    @condomana

    eventhough earning SGD like me, not really can afford those properties in prime area…

  152. condomana
    October 1st, 2013 at 11:21 | #152

    @pengemis

    For investment, what’s the point of paying RM700k-800k for a 1500sqft apartment in Relau, and not being able to rent it out later. You’d be better off buying something smaller/slightly older in a prime area for the same price, as rental demand from expats is there…:)

    Location is #1 on expats’ list when it comes to choosing a place to stay…:) Well of course, unless you don’t mind renting your property to “the other type” of expats…:D

  153. KC
    October 1st, 2013 at 12:18 | #153

    Good luck to those buyer investing ur hard earn money in this lousy and costly project. Dubai already hit by property bubble. No doubt it will happen in penang too. Just wait and see. All those developer knew about this. That’s why they race to launch new property before the craches some down.

  154. lazy lai
    October 1st, 2013 at 13:26 | #154

    for investment avoid buying FTZ, bayan baru, relau, sg ara area, unless you want rent out to foreign worker. Too many foreigner all this place no safe to live and air polution very bad. For investment better chose bayan mutiara till lighting project.
    For own stay especially those lazy ppls having problem, easy tension during drive are highly recommended to buyer all the property mentioned.

  155. funny
    October 1st, 2013 at 13:58 | #155

    @lazy lai
    You speak England?

  156. Hoon
    October 1st, 2013 at 14:09 | #156

    You may contact me for any loan enquiry. I believe I can provide you the best loan package for this project. Thanks 012-4980084

  157. IS buyer
    IS buyer
    October 1st, 2013 at 14:11 | #157

    Haha…. Whatever… Let’s see how much it cost when the show house is out and when the SnP is signed…..

  158. SP
    October 1st, 2013 at 16:07 | #158

    @lazy lai
    Where is bayan mutiara till lighting project?

  159. SP
    October 1st, 2013 at 16:08 | #159

    @Hoon
    The BLR is control by Bank Negara. How you going to provide the best loan package?

  160. condomana
    October 1st, 2013 at 16:51 | #160

    SP :
    @Hoon
    The BLR is control by Bank Negara. How you going to provide the best loan package?

    Miss Hoon is going to throw in some extra “service” for you if you sign up a loan package with her….slurp..:)~

  161. Tongkol
    October 1st, 2013 at 17:20 | #161

    I am surprised no one has discussed the unit layouts, finishing, lack of showroom, pool design, no tennis court, low cost houses (compensate the previous settlers) at the front… which just means I suspect, everyone here is an investor… who are attracted to the fact that there is a 5% rebate and DIBS?

  162. HUAT
    October 1st, 2013 at 19:29 | #162

    Everyone just trying to buy time…

  163. pengemis
    October 1st, 2013 at 19:44 | #163

    @Tongkol

    eventhough the property market is not that hot like 2 years back, but its still warm ler…

  164. SP
    October 2nd, 2013 at 08:59 | #164

    @condomana
    Hehe….really. It mean you had experienced with that.

  165. Tongkol
    October 2nd, 2013 at 11:44 | #165

    People now buying even there is no showroom… definitely not for own stay!

  166. Hoon
    October 2nd, 2013 at 23:03 | #166

    @sp
    Actually I am banker , you may contact me if you wanna know more further about the loan package. :)

  167. IS buyer
    IS buyer
    October 3rd, 2013 at 09:22 | #167

    Went to the office yesterday. There are 107 units left, included bumi lot. But all the prices increased 5k compared to last weekend.

  168. Invest PG
    October 3rd, 2013 at 09:29 | #168

    @condomana

    BLR is control by banks and bank negara control OPR

  169. condomana
    October 3rd, 2013 at 10:27 | #169

    @Invest PG

    Yes Sir!

  170. condomana
    October 3rd, 2013 at 10:30 | #170

    @SP

    Oh man! Quickly pick up that phone. She’s waiting…:)~

  171. James
    October 6th, 2013 at 02:11 | #171

    I work next to the iconic office. For the past one week, I don’t see any buyer flock that place. Not like Ideal where u can see people queue up to book when they launch tree sparina. The shocking thing iconic ask the buyer to sit until 6pm to take the queue number 2 Friday ago. They must have thought they are ideal or IJM.

  172. James
    October 6th, 2013 at 02:18 | #172

    107 units left….think is what the sales told u. When I went as VIP invitation, I already saw about 40 taken up by employees or directors. This mean actually sold is about 67 and we can discount..the sales person talk by 50%….then u do the maths…..

  173. max
    October 6th, 2013 at 12:00 | #173

    When develops are struggling on the sales, the investors in the sub sale market are in trouble.

  174. jenson
    October 6th, 2013 at 23:20 | #174

    max :
    When develops are struggling on the sales, the investors in the sub sale market are in trouble.

    I don’t think penang property is in any trouble yet but just that Iconic skies are too expensive.

  175. Ahuan
    October 7th, 2013 at 08:24 | #175

    since when ideal is taken as same level as IJM? I thought people don’t like them and usually no queuing because of their track record on Ideal Regency and CEO?

    James :
    I work next to the iconic office. For the past one week, I don’t see any buyer flock that place. Not like Ideal where u can see people queue up to book when they launch tree sparina. The shocking thing iconic ask the buyer to sit until 6pm to take the queue number 2 Friday ago. They must have thought they are ideal or IJM.

  176. LM
    October 7th, 2013 at 09:53 | #176

    Agreed. The IS price range is already a level higher compared to OP or tree sparina. Number of people who afford IS definitely less than people who afford OP or tree sparine. I myself like IS very much too for the low dense and luxury facilities but i just cannot afford it. So i only can go for Imperial Residence which is around 500-550k but with higher density.

  177. Ah Dog
    October 7th, 2013 at 11:00 | #177

    @LM
    Imperial Residence with over 800 units right? If the smallest unit with 1000sf, then the price would be RM500k onwards, still ‘affordable’. Same goes to Sky Vista by SP Setia, RM550k++ for 950sf size.

  178. Jenson
    October 7th, 2013 at 13:31 | #178

    Ah Dog :@LM Imperial Residence with over 800 units right? If the smallest unit with 1000sf, then the price would be RM500k onwards, still ‘affordable’. Same goes to Sky Vista by SP Setia, RM550k++ for 950sf size.

    The price for psf confirm for Sky Vista and Imperial Residence?

  179. JY
    November 24th, 2013 at 14:10 | #179

    After soft launch, this project very quite recently. Will it be another The Clovers?

  180. Believe
    November 24th, 2013 at 15:17 | #180

    Walkover ! ! ! !.

  181. LM
    November 25th, 2013 at 09:55 | #181

    What do you mean by quiet? Because of nobody comment here?

  182. IS buyer
    November 25th, 2013 at 17:12 | #182

    So far there are already 3 banks approved. They are UOB, Maybank and CIMB. UOB rate has 2 packages, flexi rate is BLR-2.3%, fixed rate is BLR-2.4%. Maybank rate is flexi rate BLR-2.3%. Haven’t contacted CIMB. Any buyer here who has already contacted the bank?

  183. IS buyer
    IS buyer
    November 25th, 2013 at 17:17 | #183

    Correction— Maybank is BLR-2.4%

  184. jenson
    December 1st, 2013 at 13:39 | #184

    this project manage to slot in the DBS?

  185. Never
    January 13th, 2014 at 17:02 | #185

    How is the sale? Sold out?

  186. D.MAN
    January 23rd, 2014 at 15:57 | #186

    Never :
    How is the sale? Sold out?

    Ya, I also wanna know too.

  187. ALin
    February 8th, 2014 at 23:51 | #187

    all IS buyers, have you get your SnP signed even u have booked in Sep? I was told that i need to get loan approval within 21days from booking date if I bought the units but SnP sign only within 6 months.. Sound not reasonable. Can I actually get loan approval before signing on SnP? Any risk? Need some advice.. Thanks!

  188. IS buyer
    IS buyer
    February 10th, 2014 at 13:38 | #188

    @Alin
    I paid 10k booking fee at Sep. I already got a few banks approved for my loan but until today i haven’t signed any bank’s offer letter. Since developer told me earliest will be at April to sign snp so i still have time to choose the bank which offers the best rate and package.

  189. Lala
    February 18th, 2014 at 00:08 | #189

    Any unit left and what price now ?

  190. funny
    February 18th, 2014 at 14:54 | #190

    @D.MAN
    Not yet sold out, still available.

  191. newy
    April 7th, 2014 at 21:24 | #191

    i paid 10k, booking since last yr sep, and the snp sign date hvnt confirm….not sure shd wait how long…..the snp sign date keep postpone….anyone hv insider news?

  192. jacky
    May 12th, 2014 at 14:07 | #192

    does anyone know how the sales status, there are a few upcoming condo around the area.. wondering which one to purchase..

  193. jacky
    May 12th, 2014 at 14:08 | #193

    does anyone know how the sales status and also the pricing? There are a few upcoming condo around the area.. wondering which one to purchase..

  194. Concern buyer
    May 12th, 2014 at 14:22 | #194

    @jacky
    I think you can wait. Price is crashing. Everyday I see price in Bayan Lepas area like Elite Height dropping like tommorow. Don’t buy now.

  195. funny
    May 12th, 2014 at 14:45 | #195

    Elit Height is commercial title.

  196. voodoo
    May 12th, 2014 at 15:27 | #196

    @funny

    Commercial title should command higher price right?

  197. JY
    May 12th, 2014 at 16:16 | #197

    @newy
    I think that their price setting too high and impacted by Budget announcement on Oct’13. At the same time, impacted by newly launch by GSD, Skycube & Ideal, Imperial Residence as well.

  198. setia2013
    setia2013
    May 12th, 2014 at 17:28 | #198

    @Concern buyer

    I like the word crashing. When ?

  199. Concern buyer
    May 12th, 2014 at 18:17 | #199

    @setia2013
    If you notice, it is crashing now. Not much transaction is subsale. The property market in Penang is dying.

  200. ezalor
    May 12th, 2014 at 18:45 | #200

    @Concern buyer
    So, we expected can have at least 100k discount for condo subsale units for coming few months?

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