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Prominence

March 28th, 2013 Leave a comment

Prominence, a mixed development by Bionic Development in Bukit Mertajam, Penang. It is strategically located with easy access to Penang Bridge via Jalan Baru and mere minutes drive to AEON Seberang Prai City mall in Bandar Perda.

This development comprises 24 units of 3-storey shop-offices, 19 units of 2-storey shop-lots and 412 condominium units with condo facilities.

Property Project : Prominence
Location : Bukit Mertajam, Penang
Property Type : Mixed Development
Tenure : Freehold
Built-up Area: approx. 1,000 sq.ft. onwards
Total Units : 412
Indicative Price: RM 300,000 onwards
Developer : Bionic Development Sdn. Bhd.

Location Map:

Categories: Bukit Mertajam Tags:
  1. valkjr
    March 28th, 2013 at 14:54 | #1

    AEON Seberang Prai City or Seberang Jaya City Mall???

  2. uncle Tan
    March 28th, 2013 at 15:05 | #2

    @valkjr

    near Jusco Bandar Perda.

  3. Reflection_Condo
    March 28th, 2013 at 15:17 | #3

    what is the selling prices???

  4. Hi
    March 28th, 2013 at 15:20 | #4

    lately all mainland launches are condos..

  5. Ken (Admin)
    Ken (Admin)
    March 28th, 2013 at 15:31 | #5

    @valkjr
    Thanks for the catch. :) Updated.

  6. AES
    March 28th, 2013 at 15:33 | #6

    That area look like a lot foreigner? Bangla area, maybe can rent to them..

  7. Pis
    March 28th, 2013 at 15:51 | #7

    AES :That area look like a lot foreigner? Bangla area, maybe can rent to them..

    This area no foreigner larr bro! Hard to see foreigners at JUSCO or Bandar Perda. This is not Juru or Perai

  8. kkong
    March 28th, 2013 at 17:25 | #8

    near to sunway wellesley?

  9. 老宅男
    March 28th, 2013 at 18:36 | #9

    Condos are residential title or commercial title?

  10. monkeyman
    March 28th, 2013 at 22:54 | #10

    412units consider very high dense for mainland condo…. 300psf, Not worth to invest!

  11. Pis
    March 29th, 2013 at 08:09 | #11

    near Lavino furniture store

  12. peter
    March 29th, 2013 at 10:17 | #12

    We’re going to end up like the city of Ordos in inner China with a forest of empty luxury condos. Located too far from Jusco to take a stroll there in the evenings. Located relatively near the low cost Apartment Permata and high subsale Condo Mutiara. Waste of money. Bionic Development? The name say’s it all. Suspect.

  13. condomana
    March 29th, 2013 at 10:47 | #13

    Hi peter,

    Even if it’s not that far from Jusco, should avoid walking by all means. Your LV (since it’s a luxury condo right?) will get snatched in no time….:)

  14. KC
    April 2nd, 2013 at 14:41 | #14

    Why suddenly so many condo coming up in mainland area…. The developer is making easy money by selling condo with RM300psf…… u guys better think twice lor before buy…. mainland people more interested with landed property…. some more the proposed area is near to Alagapa’s mill

  15. condomana
    April 3rd, 2013 at 10:03 | #15

    Hi KC,

    It’s useless to warn people to be careful when generally things look rosy. The same thing happened during the early 90s before 1997 asian crisis. Whatever you sell, people will buy. Whatever concept you sell, people will find a reason to accept it…..:)…Those empty apartments and bungalow lots at bukit merah and all those golf courses in the mainland are just not enough to remind them of how quickly things can turn very sour when the hard times come.

    Plus, you actually have a new generation of investors buying properties right now, who do not have the experience. Those who learnt their lesson 15 years back could already be wise enough to truly understand the meaning of Location, Location,Location…..:)…Happy Investing!!

  16. ky
    August 20th, 2013 at 11:35 | #16

    FYI. The parent company of this developer – Metech is PN17 company, get delisted from KLSE on end of 2011.

    http://bionicorp.com.my/index.php/about/profile
    http://www.metech.com.my/investors-relations/annoucements-fy-2011.html

  17. edwin
    edwin
    August 30th, 2013 at 00:09 | #17

    is this developer good? i’m interest to look for a unit.

  18. BE
    August 30th, 2013 at 09:26 | #18

    @edwin
    Look for other project, this is first time developer, hv drop by to their office at KWSP building for enquiry before. This company management was no experience and not professional…

  19. Ek
    August 30th, 2013 at 11:05 | #19

    Jusco will move to alma..

  20. Kelvin
    August 30th, 2013 at 21:21 | #20

    @edwin

    The developer did offer a very attractive package to the buyer and a lot of unit have taken up. For unit at level no.7 to 12th, you only need to pay RM 5k until Vacant possession, the developer will absorb the 10% down payment as well, consider as early bird rebate discount. They have road show at queensbay this few days. All unit pricing at 300+k sold off, left unit with starting price 400K onwards. You can go there to have a look. Hope this info will help you.

  21. edwin
    edwin
    August 31st, 2013 at 16:59 | #21

    @Kelvin
    thanks for your info. will go QB to have a look. :)

  22. Kston
    August 31st, 2013 at 22:13 | #22

    I heard IJM got share with this project, it’s true ?

  23. Kevin
    September 1st, 2013 at 11:24 | #23

    anyone can advise if investment for this condo?

  24. Gong song
    September 1st, 2013 at 12:23 | #24

    High tension cable in sight?

  25. chai
    September 1st, 2013 at 22:16 | #25

    i booked one unit at queensbay mall. Only pay 5k, that’s all for the next 3 years. 3 years later, i believe property price will be different, at up trend. just 1% price increase i also earn near 100% return if i sell. worth to invest. :)
    property price can be 50% also no joke.

  26. Kelvin
    September 1st, 2013 at 22:42 | #26

    @chai

    I also booked one unit at level 11th, type C. How about yours?

  27. edwin
    edwin
    September 1st, 2013 at 23:51 | #27

    @Kelvin

    i also book 1 unit at 12th. which tower do you book?

  28. Als
    September 3rd, 2013 at 09:52 | #28

    Kelvin :@edwin
    The developer did offer a very attractive package to the buyer and a lot of unit have taken up. For unit at level no.7 to 12th, you only need to pay RM 5k until Vacant possession, the developer will absorb the 10% down payment as well, consider as early bird rebate discount. They have road show at queensbay this few days. All unit pricing at 300+k sold off, left unit with starting price 400K onwards. You can go there to have a look. Hope this info will help you.

    1) May I know the rebate is 10% or the 10% minus RM5,000?
    2) So, is it confirmed that all units priced RM300k+ all sold off, just left with RM400K+?
    3) Type of title ? Residential or Commercial?

    tq

  29. chai
    September 3rd, 2013 at 20:47 | #29

    @Kelvin
    i booked 10th floor, type A.

  30. chai
    September 3rd, 2013 at 20:52 | #30

    @Als

    1. the rebate is 10% minus 5k. meant instead of pay 10%, just pay 5k.
    2. not sure. sometimes developer play treat. invest on your own judgement. What i know is :type A is 400k++ with 2 carpark. type B and C smaller size should be 300k++ with 1 carpark. type B and C after pay 5k, still need to pay 3%. mean only 7% rebate minus 5k.
    3. Residential, free hold.

  31. chai
    September 3rd, 2013 at 20:57 | #31

    base on the after rebate price and the square feet, ~RM260/sqf.

  32. ABC
    September 3rd, 2013 at 21:06 | #32

    @Als
    pay little extra of RM50k u can buy 2 storey house at Carnation Villa @ Bukit Minyak (behind Aeon Big hypermarket), gated & guarded with facilities such as swimming pool, club house etc. Decision is in your hand :-)

  33. Jt
    September 3rd, 2013 at 23:48 | #33

    There are no changes to the house price @chai

  34. als
    September 4th, 2013 at 21:42 | #34

    ABC :@Als pay little extra of RM50k u can buy 2 storey house at Carnation Villa @ Bukit Minyak (behind Aeon Big hypermarket), gated & guarded with facilities such as swimming pool, club house etc. Decision is in your hand

    @ABC

    Thanks, ABC. Plan to do some survey before action. :)

  35. lalazai
    September 6th, 2013 at 08:12 | #35

    carnation villa 550k for smallest inter double storey, not extra 50k but 150k ==

  36. edwin
    edwin
    September 6th, 2013 at 09:57 | #36

    @lalazai
    i saw a lot of bad comment about the carnation villa.

  37. Mok
    September 6th, 2013 at 10:55 | #37

    @lalazai
    RM459k for intermediate unit (22′ x 48′), instead buy condo for RM400k at prominence, i suggest just add extra RM50k to buy landed property. RM550k is inter-corner unit (built up 29′ x 48′) or corner unit about RM560k (22′ x 48′, land size is 2420sf)

    @edwin
    every project launch got positive & negative comment, most important the negative feedback that voice out by buyers could lead developer to change & improve, OMax always listen to feedback from buyers, however, sometimes it cannnot satisfy everyone.

  38. Kelvin
    September 6th, 2013 at 23:31 | #38

    @als

    More info about prominence for you to do the research.

    https://www.facebook.com/pages/Prominence-Condominium-Bukit-Mertajam/212253275607172

  39. lalazai
    September 7th, 2013 at 01:18 | #39

    @Mok
    no more 459k, price ady increase intermediate unit 550k, corner unit above 700k, launch so long d but still gt 20+unit available and price ady increase 100k, look like mainland ppl prefer condo than landed property may be they boring stay landed house d, only island ppl those never stay landed house will prefer landed property ==

  40. Ken Pang
    September 7th, 2013 at 07:56 | #40

    @lalazai
    increase 100k? i bought intermediate unit when launching (in Feb 2012) only RM409k. Omax seldom adverstise their project, if u say ppl prefer condo than landed u r wrong, either investor or who want staying, always prefer landed property (especially gated & guarded with facilities) more than condo in mainland becoz appreciate value faster than condo. Another good eg are Tropicale Residence(95% sold out) & Hillpark (99% sapu habis), both gated & guarded landed property with facilities.

  41. chai
    September 8th, 2013 at 02:05 | #41

    important is the package, u know la. initial payment is difficult for many ppls. what are the package offer by developers on the landed properties?

  42. Chocolate
    September 8th, 2013 at 09:32 | #42

    Initial payment? No worry la..Many developers provide ZEC package, free s&p la, loan and legal blah blah blah, sumore rebate in deposit, ohh yahh DIBS still applicable..

  43. limsan
    limsan
    September 8th, 2013 at 16:18 | #43

    This location seems definitely one of the best.Since it is located at BM outskirts ,it is can be near to Butterwoth,Seberang Jaya,Perai,Permatang Pauh , Bandar Perda with government offices, Autocity Juru , Penang Bridge if you compare to those BM area such Alma,Berapit,Sentosa area or Bukit Minyak.

    Actually Bandar Perda there is a very good location but too bad it is srewed up by poor developer Aseania.

    If I am not mistaken,the Jalan Baru there going to build a Hypermarket not sure Mydin or Tesco Extra.Anyone can confirm this?

  44. chai
    September 8th, 2013 at 20:52 | #44

    @als
    if you buy new property for investment purposes. take noted that landed property is 2 years ahead price. condo is 3 years ahead price. So compare the price now, condo price a bit expensive is normal.

  45. chai
    September 8th, 2013 at 21:32 | #45

    another input for investor, buying property for rent, condo reno will be cheaper and can get higher rent rate.

  46. Expert
    September 8th, 2013 at 21:35 | #46

    @chai
    Joker u..What a joke..

  47. Kelvin
    September 8th, 2013 at 23:34 | #47

    @limsan

    Is Mydin. Another more interesting development will be building of largest mall in Penang by Belleview group. Expecting to be announce by year end.

  48. limsan
    limsan
    September 9th, 2013 at 00:18 | #48

    @Kelvin

    Oh I see is Mydin,actually I also booked a Type B unit 1273 sqft (Facing North Permatang Pauh and McD Perda) .Actually I plan to book Type C but as that time all type C unit already booked up.So no choice end up I need choose type B as type A and D is out of budget,hehe….

    Anyway if you refer my comment above,one thing I like is the location la ,at least go anywhere also not that far,summore it is freehold residential title,because as I know la BM city and BM Makhotha is commercial title (Correct me if I am wrong) which not suitable those who buy condo to long term stay purpose as all the monthly bill accessment (electricity and etc……) will be higher.

    However,I think the maintenance fees is abit high la around RM0.17-RM0.20 psf which almost same as some area in penang island .But I think is because it consists of so many facilities,definitely need higher cost to maintain.But anyone can confirm the Management will be handle by GE Tan?Because I know GE Tan manage quite a number of condos especially those Gurney area condos.

  49. edwin
    edwin
    September 9th, 2013 at 09:06 | #49

    @limsan
    Ya. The salesperson told me is manage by GE Tan because they are from Taiwan. Management team will be hire GE Tan.

  50. Kelvin
    September 9th, 2013 at 09:53 | #50

    Good to know that is manage by G.E TAN. Is ok to pay a little bit extra , at least they can maintain the condo well.

    Anyone start survey for home loan d? Any good loan package to recommend and did the developer give a timeline that we need to feedback to them on the loan approval?

  51. Eric
    September 9th, 2013 at 09:56 | #51

    Jusco will move to alma but Parkson coming to replace the AEON :)@Ek

  52. Eric
    September 9th, 2013 at 10:06 | #52

    more info from:

    https://www.facebook.com/pages/Prominence-Condominium-Bukit-Mertajam/212253275607172

    u guys can go and msg that page, they reply quite fast. if you have any question u can go there check it out.

  53. Eric
    September 9th, 2013 at 10:16 | #53

    i just bought a unit at tower a type a. the price is affordable for me la, 1500 sf with 2 carpark. the other type 1 car park is not enough for me. And when i bought still got 10% rebate for the S&P with DIBS. The initial payment only 5k then can buy a house, can consider it

  54. edwin
    edwin
    September 9th, 2013 at 11:10 | #54

    @Kelvin
    Now BLR is -2.4% for maybank and RHB. As I know now just have 3 panel bank which is maybank, RHB and HSBC. Do anyone already get their loan approved?

  55. Eric
    September 9th, 2013 at 11:33 | #55

    As i know still got another 3 banks pending, Hong Leong bank, UOB or Public Bank but yet to confirm. no any status is about my loan still in process or what.

  56. lalazai
    September 9th, 2013 at 23:08 | #56

    how much after rebate for 1500sf? above 500k?

  57. lalazai
    September 9th, 2013 at 23:12 | #57

    @lalazai
    type wrong, above 400k?

  58. lee
    September 9th, 2013 at 23:17 | #58

    @lalazai
    Previously for 7 floor till 12 floor is below 400k after rebate, Now all sold out alr for these floors, as per sales person.

  59. edwin
    edwin
    September 9th, 2013 at 23:18 | #59

    @lalazai
    Not more than 450k after rebate for lower floor.. See which floor u are choosing. As I know they will having a fair in QB by next week (correct me if Im wrong).

  60. Eric
    September 10th, 2013 at 09:14 | #60

    @lalazai if no mistaken for the 1500sqf after the 10% rebate is around 420-430k. And from my fren information there are still 10+ units available for the 1500sqf with 2 car park after all the deduction it cost around 420k-430k.

  61. Eric
    September 10th, 2013 at 09:16 | #61

    @edwin
    yes they are having fair in QB on 19/9 but ofcause the price would be diff from now. So if your guys interested want to know more info about the condo u may call my fren and ask for it.

  62. chai
    September 11th, 2013 at 10:31 | #62

    @Eric
    thought property fair at QB is on 14-16 Sept. You sure they will have fair on 19/9?

  63. Eric
    September 11th, 2013 at 11:34 | #63

    @chai
    yea im sure the fair in held on 19/9-22/9 at QB.

  64. edwin
    edwin
    September 11th, 2013 at 12:45 | #64

    @chai
    property fair will at SQ this weekend.

  65. chai
    September 12th, 2013 at 11:18 | #65

    ya, saw the banner on the roadside. property fair in Queensbay this weekend and next weekend…

  66. BM Observer
    September 14th, 2013 at 00:00 | #66

    Eric :@lalazai if no mistaken for the 1500sqf after the 10% rebate is around 420-430k. And from my fren information there are still 10+ units available for the 1500sqf with 2 car park after all the deduction it cost around 420k-430k.

    This is for which floor onwards ? Tower A or B ? Type A or D ? BTW, type A and D, which one is better/more practical ?

  67. BM Observer
    September 14th, 2013 at 00:13 | #67

    Anyone knows when exactly or which month this project started to offer that 5K-until-VP attractive package ? Included in this PPT column since end-Mar (even before GE13) but may not pick-up yet at time ? Do they have site/sales office in mainland ?

  68. Eric
    September 14th, 2013 at 11:00 | #68

    @BM Observer
    13th floors and above…included tower A and B…for my opinion ofcuz type D is more better…because the balcony straight face to the sea side…but ofcuz type D is the most expensive type. for wat i know they still have that 5k downpayment offer…and the sales office is still under construction now…more info u can go visit https://www.facebook.com/pages/Prominence-Bukit-Mertajam/212253275607172

    they got the site progress updates there.

  69. Kelvin
    September 14th, 2013 at 17:22 | #69

    @BM Observer

    They officially open for sale to public is on 29 of August . However, one week before, some unit has been secured by buyer as they visit directly to G.E TAN realty.

    The sales office and show house now is under construction at the site, probably will be ready by Mid of Oct.

  70. cc
    September 15th, 2013 at 21:42 | #70

    So excited on the show house.
    Book 1 unit thr too

  71. lee
    September 15th, 2013 at 21:53 | #71

    Anyone get done on the loan application? How is the rate now? Between, anyone have any information regarding when is the S&P will be done?

  72. edwin
    edwin
    September 16th, 2013 at 11:01 | #72

    @lee
    My loan still on progress.. Now is BLR -2.4%… the s&p will be sign before end of this year

  73. lee
    September 16th, 2013 at 16:28 | #73

    @edwin

    Thanks for the catch.

  74. Eric
    September 17th, 2013 at 11:21 | #74

    i heard that thr 10% rebate almost finish already…my fren told me this 2 days they sold off 11 units…omg crazy

  75. kabutol
    September 17th, 2013 at 23:11 | #75

    this property so good mer?2 day can sell so many at bm this area??

  76. chai
    September 18th, 2013 at 19:24 | #76

    will go queensbay mall see tomorrow.

  77. sam
    September 19th, 2013 at 00:13 | #77

    Fyi, there is a new project going to launch on next weekend at sunway carnival. Is call signature condo, just next to mydin. Mydin going to complete on 2014.

  78. lalazai
    September 19th, 2013 at 00:26 | #78

    @sam
    wat is the developer?

  79. sam
    September 19th, 2013 at 00:35 | #79

    Excel Focus property (Anas construction )-the one build butterworth cargo port

  80. lalazai
    September 19th, 2013 at 19:44 | #80

    @sam
    if u interest don wait next weekend d, today first day launch on queensbay, attractive package rebate 8%, DIBS, free all legal fee, min 360k after rebate for ground floor around 1100sf, high floor 380k but only 1 car park, buy 1 more car park nid 20k, so 400k. feel prominence 1500sf 420k for 21floor with 2 carpark more worth compare with this. since above 400k so i decide invest landed property better ==

  81. Kelvin
    September 19th, 2013 at 20:48 | #81

    lalazai :
    @sam
    if u interest don wait next weekend d, today first day launch on queensbay, attractive package rebate 8%, DIBS, free all legal fee, min 360k after rebate for ground floor around 1100sf, high floor 380k but only 1 car park, buy 1 more car park nid 20k, so 400k. feel prominence 1500sf 420k for 21floor with 2 carpark more worth compare with this. since above 400k so i decide invest landed property better ==

    What is the take up rate so far? The ground floor that you mentioned mean 7th floor right? still available ? As I know previously for 1162 sq unit already not available for level 7 until 12.

  82. sam
    September 19th, 2013 at 22:36 | #82

    I already over committed :(
    So only can look look see see…. do analysis and share opinion.

  83. chai
    September 19th, 2013 at 22:52 | #83

    went to qbay just now. 7-12 floor all sold. now the package is 7% discount.

  84. edwin
    edwin
    September 19th, 2013 at 23:08 | #84

    @Kelvin
    He mean is the signature condo promotion.. Not prominence.. I went to see prominence is about 60% sold d..

  85. sykow
    September 21st, 2013 at 01:09 | #85

    @limsan
    mydin confirmed.

    gsdland gonna have a project beside pinang and palma laguna condo there…

  86. sykow
    September 21st, 2013 at 01:12 | #86

    1st preview, my fren bought 1 unit above 30 floor with 2 car park 1200++sqft with 380k…worth and i miss it

  87. sykow
    September 21st, 2013 at 01:15 | #87

    i choose type c….due to budget….

  88. neal
    neal
    September 21st, 2013 at 03:06 | #88

    Last 2 days for 5k booking fees. Now is 7% the most rebate promotion for last 2 days before we increase the price and booking fees.Type A 7% left 2 units(1508 sqf with 2 car-parks). Free legal fee, free bank legal fee, free stamping fees with DIBS. Im developer, call me for booking or ask more info. Eric Ng 011-11391983.

  89. neal
    neal
    September 21st, 2013 at 10:12 | #89

    Sorry for correction, is 011-12391983

  90. Kelvin
    September 22nd, 2013 at 08:59 | #90

    @edwin

    Thanks. I went to the fair yesterday. Now is almost 75% sold off. The sales indeed very good. I bought type C units and only 1 car park available. I was told by the sales person the additional car park will be around RM 20K but they haven’t finalized yet.

    Not sure when they can firm on this as I intend to buy additional car park.

  91. edwin
    edwin
    September 22nd, 2013 at 12:31 | #91

    @Kelvin
    The sales so good ah… I think they will finalize all the spec and car park price soon la.. Coz their showroom will complete on oct.

  92. andy
    September 22nd, 2013 at 15:10 | #92

    Hello all, anyone interested on this project pls e-mail me, I have a unit wan to let go. thx

    andy0tan@hotmail.com

  93. edwin
    edwin
    September 22nd, 2013 at 15:53 | #93

    @andy
    So fast wan to let go already? Any problem?

  94. andy
    September 23rd, 2013 at 00:46 | #94

    nope, I booked few unit for my relative, but she change her mind, so wanna let go her unit.

  95. kabutol
    September 23rd, 2013 at 00:51 | #95

    wat type u book?how much?

  96. andy
    September 23rd, 2013 at 09:18 | #96

    I’m booking type B with two car park, for further detail pls e-mail me, thx.

  97. Eric
    September 23rd, 2013 at 21:30 | #97

    i email you already but so far no respond. please check.

    @andy

  98. steve
    September 24th, 2013 at 13:52 | #98

    @Eric
    Eric, i am also willing to let go if can have immediate return. :)
    email me at stevanchai@yahoo.com.

  99. Alex
    September 24th, 2013 at 20:17 | #99

    I am willing to let go my unit too…
    type B 1 car park…
    email me at boonhoe1129@hotmail.com

  100. islander_ori
    September 24th, 2013 at 20:31 | #100

    @Alex
    Why don’t release back to developer?

  101. kabutol
    September 24th, 2013 at 20:52 | #101

    all want earn fast money….earn how much better ler?

  102. steve
    September 24th, 2013 at 21:12 | #102

    i booked during pre launch. my unit is type A, 2 carpark. I just want to earn 10K but still 30k cheaper that current developer’s price. 😀

    of cause not earn anything will hold for 3 years, since no need to pay anything until 3 years later… 😀

  103. edwin
    edwin
    September 24th, 2013 at 21:52 | #103

    Really is want earn fast money… S&P haven sign aldi want sold

  104. Hee
    September 25th, 2013 at 08:17 | #104

    @steve
    I’m interested, contact me at 0124945119 to discuss in more details.

  105. Eric
    September 25th, 2013 at 09:15 | #105

    @steve

    sent. check inbox.

  106. steve
    September 25th, 2013 at 09:52 | #106

    @edwin
    simple mathematic in investment, hold shorterm, earn a little, hold longterm, earn more. I do believe property price will go uptrend. :)

  107. andy
    September 25th, 2013 at 19:18 | #107

    @Eric

    Hello Eric, I think I had reply ur email, if not pls resend ur mail to me, thx.

  108. Johnson
    September 27th, 2013 at 10:38 | #108

    Booked 1 unit here, waiting for the floor plan…

  109. Kevin
    September 27th, 2013 at 22:04 | #109

    Booked 1 unit with 10% rebate, lower floor…plan to rent out after completion. Should be easy to rent out as surrounding got alot of college students and government staffs. Worth for investment just 5K till OC obtained 3 years later :PPP

  110. edwin
    edwin
    September 28th, 2013 at 09:30 | #110

    Anyone get your loan d? Which bank is offer better? Semi flexi or flexi loan better?

  111. Invest BM
    September 28th, 2013 at 12:14 | #111

    Flexi Loan is better than so called “semi flexi” loan.

    I believe no one drive “semi auto” car right?

  112. lee
    September 28th, 2013 at 22:32 | #112

    @edwin
    What I heard from banker, the difference between semi flexi loan and flexi loan is as below:

    i) Flexi Loan will charge you admin charges, RM 10 per month, and you can withdraw the money that you place earlier anytime without incur any charges.

    ii) Semi Flexi Loan will not charge you admin charges, however when you withdraw the money that you place earlier, you will incur a service which around RM 50 per withdraw.

    Both type of loan facility got pros and cons, you Correct me if I have explained wrongly

  113. Kelvin
    September 28th, 2013 at 23:41 | #113

    That right.

    Actually my loan approved d, HSBC offer fully flexi loan but they provide maximum loan tenure 32 years only. First 3 years is under DIBS.

    On the other hand, May bank also pre-approved d, but is semi flexi package, per withdrawal will charge you RM 25.

    Usually for fully flexi package, it is more suitable for those who need to have a lot of transaction, they will combine the current account with the your loan account. It will come with Cheque book and ATM card.

    It depend on what you need.

  114. Kevin
    September 29th, 2013 at 11:10 | #114

    @Kelvin
    Recently Public Bank, UOB and HLB also joined as panel bank for Prominence, any of you heard about their loan package and facilities?

  115. edwin
    edwin
    September 29th, 2013 at 11:17 | #115

    @Kelvin
    Thanks for your information.. So do you sign your loan agreement d? Or wait for s&p that time sign together? Wat rate HSBC offer to you? As I saw from fb page now just public bank join as panel bank

  116. kabutol
    kabutol
    September 29th, 2013 at 22:59 | #116

    may i know tat facility got badminton court or basketball court?

  117. limsan
    limsan
    September 29th, 2013 at 23:16 | #117

    According from ge tan website,it stated there that there got badminton court and 3 person indoor basketball court www.getan.com.my@kabutol

  118. edwin
    edwin
    September 29th, 2013 at 23:56 | #118

    @limsan
    Yes.. N also got a mini golf field..

  119. neal
    neal
    September 30th, 2013 at 10:48 | #119

    @kabutol
    yes we got Sport Arena which included indoor badminton court and 3-man basketball court.

  120. Johnson
    September 30th, 2013 at 11:55 | #120

    Badminton court sure always full XD

  121. kabutol
    kabutol
    September 30th, 2013 at 12:09 | #121

    wah,facility so many and nice to see,so expect to this project,and swimming pool so big and beautiful!!

  122. Johnson
    September 30th, 2013 at 15:43 | #122

    @kabutol Now is photo/drawing only, the actual build maybe won’t so beautiful leh? XD

  123. Lam
    September 30th, 2013 at 16:41 | #123

    This project is way better than the signature which is getting a big hype recently.

  124. BM Observer
    September 30th, 2013 at 17:12 | #124

    @Lam

    Are you sure it is better ?

  125. Lam
    September 30th, 2013 at 17:39 | #125

    Very sure Liao!

  126. kabutol
    September 30th, 2013 at 18:02 | #126

    wat big hype?

  127. andy
    September 30th, 2013 at 19:18 | #127

    Hello all, I have a unit wan to let go, It is high floor, type B with two car park. very good package I take, anyone interested on this project pls e-mail me, thx

    andy0tan@hotmail.com

  128. sc
    September 30th, 2013 at 20:47 | #128

    hey, andy. i asked developer, only allowed to sell to sibling or parent.

  129. lee
    September 30th, 2013 at 21:42 | #129

    Hi anyone can advise that whether the loan application should be sign now or wait until the S&P done. Thanks

  130. Johnson
    October 1st, 2013 at 13:19 | #130

    Can the admin change the above cover photo….it make prominence look ugly on that photo..

  131. edwin
    edwin
    October 2nd, 2013 at 15:48 | #131

    lee :Hi anyone can advise that whether the loan application should be sign now or wait until the S&P done. Thanks

    i also wish to know that. anyone can advise?

  132. chai
    October 2nd, 2013 at 20:27 | #132

    you can apply loan now. anyone get their loan approved?

  133. Chocolate
    October 2nd, 2013 at 21:06 | #133

    Now is the toughest part..to get the loan from bank!

    I heard 30% of pre book buyers in property project failed to get loan recently.

  134. lee
    October 2nd, 2013 at 22:55 | #134

    @Chocolate
    How do you know this information, is the loan reject due to project or personal income matter?

  135. edwin
    edwin
    October 2nd, 2013 at 22:58 | #135

    @Chocolate
    Just this project or others also affected?

  136. Chocolate
    October 2nd, 2013 at 23:07 | #136

    Sorry, i meant majority project. Bank is very strict now.

  137. chai
    October 7th, 2013 at 13:48 | #137

    HSBC told me approve my loan application, but the approved letter need to wait till developer obtain the advertisment license or what kind of license i am not too sure..

  138. chai
    October 7th, 2013 at 13:49 | #138

    anyone got news from your loan application?

  139. Johnson
    October 7th, 2013 at 16:08 | #139

    Just apply loan last week, still waiting for the result. :)

  140. Kelvin
    October 7th, 2013 at 16:26 | #140

    What package they offer you? I also get my loan aprroved from Maybank and HSBC.

  141. edwin
    edwin
    October 7th, 2013 at 17:39 | #141

    I still pending my loan approval.. Is it our loan still cannot sign?? Anyone call developer ask?

  142. Johnson
    October 7th, 2013 at 17:45 | #142

    Today i just get my Maybank loan approved, but not yet sign.
    Last week i called the developer, he told me that the S&P document should be ready somewhere mid of November, i am doubt they can make it done so fast, so just wait the call for S&P.
    Not sure that if loan approved, we must sign immediately? If not, i want to hold till my S&P ready for sign.

  143. Invest BM
    October 7th, 2013 at 17:54 | #143

    @Kelvin

    What is the package that HSBC offer? BLR-2.45%?

  144. edwin
    edwin
    October 7th, 2013 at 21:25 | #144

    May i know wht is the rate that HSBC and maybank offer to you all??

  145. Kevin
    October 7th, 2013 at 21:35 | #145

    All standard at BLR-2.4%
    HSBC – full flexi loan
    MBB – Semi flexi loan
    PBB – can choose both..all quite the same.

  146. Chocolate
    October 7th, 2013 at 21:41 | #146

    2.4% with mrta and lock in period?

  147. Kevin
    October 7th, 2013 at 21:55 | #147

    MRTA is optional and lock in period 3 years from first drawdown

  148. lee
    October 8th, 2013 at 09:34 | #148

    Sorry the link is error, this is the new one

    http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=386594&S=S

  149. Chocolate
    October 8th, 2013 at 14:55 | #149

    lee :
    Sorry the link is error, this is the new one
    http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=386594&S=S

    Wah terror la u how to get this info?

  150. Interested
    October 8th, 2013 at 20:03 | #150

    Ok. Great. It looks like Pelan Jalan dan Perparitan still pending approval. Pelan Lampu Jalan still pending submission. Appear not so fast yet for developer license and SNP ……. ?

    BTW, anyone knows where is the exact location for the 1 blok Rumah Pangsa Kos Rendah 13 Tingkat (124 Unit) in their plan ?

  151. edwin
    edwin
    October 8th, 2013 at 20:31 | #151

    @Interested
    the low cost apartment is behind the 3storey shoplot. you can see the orange colour as above picture for the site plan.

  152. Yoyo
    October 9th, 2013 at 07:23 | #152

    got low cost apartment in their plan? Did not hear about this when the developer explain to us. Is it true?

  153. marcuschng
    October 9th, 2013 at 08:54 | #153

    yes, there is low cost there

  154. marcuschng
    October 9th, 2013 at 08:58 | #154

    but there is behind the 3 story shop lot and there will be a wall dividing the shop lot and the low cost

  155. edwin
    edwin
    October 9th, 2013 at 09:10 | #155

    @Yoyo
    developer got told us.. and the model of prominence also got show low cost apartment building

  156. kabutol
    October 9th, 2013 at 17:41 | #156

    this project u all is for investment or own stay?

  157. edwin
    edwin
    October 9th, 2013 at 18:02 | #157

    @kabutol
    own stay… u?

  158. kabutol
    October 9th, 2013 at 18:14 | #158

    me also own stay,wat sqf u buy?

  159. edwin
    edwin
    October 9th, 2013 at 21:00 | #159

    @kabutol
    i bought type A :)

  160. lee
    October 9th, 2013 at 21:42 | #160

    @Chocolate
    This need keep trying at google search. Haha, since it is first time developer, my worries will be more, but i believe this project will be succeed after discussion with the developer. Look forward to the complete of show house. Hehe, you may look this for details if you want.

    https://www.penangpropertytalk.com/2013/03/prominence/

  161. lee
    October 9th, 2013 at 21:43 | #161

    @lee

    https://www.facebook.com/pages/Prominence-Bukit-Mertajam/212253275607172

  162. Kelvin
    October 9th, 2013 at 21:49 | #162

    @Invest BM

    -2.4%. Hard to get -2.45% , unless your loan amount is very high.

  163. Kelvin
    October 9th, 2013 at 21:57 | #163

    @edwin

    I haven sign the offer letter yet since the S&P not ready so fast. Which bank you choose ?

  164. Interested
    October 9th, 2013 at 23:01 | #164

    @Kelvin

    Hi Kelvin,
    Did your banker (HSBC ?) or any banks mention how high loan amount to get -2.45% ?
    OR is the bank’s rate different for different projects ? Thks.

  165. Chocolate
    October 9th, 2013 at 23:10 | #165

    Interested :
    @Kelvin
    Hi Kelvin,
    Did your banker (HSBC ?) or any banks mention how high loan amount to get -2.45% ?
    OR is the bank’s rate different for different projects ? Thks.

    I just met a lawyer today. Thier law firm handle many projects for loan doc, he told me so far he only see one customer with -2.5%, 2 customers with -2.45% and majority are -2.4%. If loan amount below 350K, -2.35% or -2.3% only, regardless which project.

  166. Interested
    October 9th, 2013 at 23:25 | #166

    @Chocolate

    Ok. Thks. Got it. Now i know what chance i have liow, aiyah. Kiss good-bye to -2.45% liow ……so sad nia …….

  167. edwin
    edwin
    October 9th, 2013 at 23:42 | #167

    @Kelvin
    Mostly will choose HSBC la. I also wait until SnP ready only sign

  168. edwin
    edwin
    October 9th, 2013 at 23:45 | #168

    @Interested
    I heard be4 is over 500k only entitle for -2.45%

  169. kabutol
    October 10th, 2013 at 00:16 | #169

    why hsbc?more good?

  170. Kelvin
    October 10th, 2013 at 09:24 | #170

    HSBC banker told me they only provide maximum loan tenure 32 years. The lock in period is 3 years, however if you sell your property within this period, the penalty will be based on prorated. This is fully flexi package.

    Anyone can confirm on the maximum loan tenure?

  171. Invest PG
    October 10th, 2013 at 09:24 | #171

    @edwin

    You get HSBC letter offer already?

  172. Chocolate
    October 10th, 2013 at 09:34 | #172

    Kelvin how old are u?

  173. marcuschng
    October 10th, 2013 at 11:15 | #173

    bank loan maximum limit age now is 65,maximum loan period is 35 years,and for this prominence condo we provide dibs free, so have to deduct three years for dibs, if not mistaken, kelvin you are now 30.

  174. edwin
    edwin
    October 10th, 2013 at 11:54 | #174

    @Invest PG
    haven’t. bank say need to wait developer get the advertising license 1st. so just wait until S&P that time only sign together.

  175. Invest PG
    October 10th, 2013 at 12:00 | #175

    @edwin

    IC. Like that sound not securred as government & bank policy might change time to time.

  176. edwin
    edwin
    October 10th, 2013 at 12:29 | #176

    @Invest PG
    if we just sign loan offer letter also useless because bank can change the policy also.

  177. Kelvin
    October 10th, 2013 at 17:34 | #177

    @marcuschng

    Yes, you are right. But isnt it from the first drawdown, the loan tenure already start to count?

    If let say the developer take 3 years to complete the project, i just continue to pay the installment for the remaining 32 years. What HSBC offer is during DIBS period, is not consider the loan tenure. Anyone can share on this, I am a bit confuse?

  178. marcuschng
    October 10th, 2013 at 18:02 | #178

    kelvin, this is because when dibs, you are not paying a single cent to the bank, so it is not consider for that 3 years.@Kelvin

  179. chai
    October 10th, 2013 at 18:08 | #179

    my understanding of 3 years start count from 1st draw, regardless of DIBS or not.

  180. Kelvin
    October 10th, 2013 at 18:15 | #180

    @marcuschng

    Thanks. I have just confirmed with the banker also. Certain bank included the 3 years DIBS inside the loan tenure as well. I think different bank will have different policy. Anyway thanks a lot to clear my doubt.

  181. Interested
    October 10th, 2013 at 18:40 | #181

    Kelvin :@marcuschng
    Yes, you are right. But isnt it from the first drawdown, the loan tenure already start to count?
    If let say the developer take 3 years to complete the project, i just continue to pay the installment for the remaining 32 years. What HSBC offer is during DIBS period, is not consider the loan tenure. Anyone can share on this, I am a bit confuse?

    HSBC is right. Loan tenure has nothing to do with DIBS years. 32 years loan tenure means after bank fully release (disbursement) all the money to developer (that is after contruction completed in 2016), then you start your monthly installment for 32 years maximum. During construction period for first 3 years (start from 1st drawdown), you have to pay monthly interest to bank BUT with DIBS, it means developer is paying the bank for your behalf. So, your actual financial commitment is 35 years but due to DIBS, first 3 years, you relax lah …
    So, if you are 33 yrs old and that bank allow max 65 years old, then your max loan tenure is 32 years.
    However, if you are 25 years old, per BNM, max loan tenure is 35 years, so you can take only 35 years loan (up to age 60), not 40 years loan tenure (though < 65 age).

  182. Johnson
    October 14th, 2013 at 10:12 | #182

    Floor plan was posted at Facebook, any comment on that? :)

  183. marcuschng
    October 14th, 2013 at 10:18 | #183

    hi, the condo is selling fast

  184. kabutol
    October 14th, 2013 at 10:54 | #184

    how many % unit still available?

  185. marcuschng
    October 14th, 2013 at 17:18 | #185

    price will be adjust by next week, so hurry up

  186. kabutol
    October 14th, 2013 at 17:56 | #186

    u r salesperson?how u know?

  187. kelvin
    October 14th, 2013 at 18:53 | #187

    @marcuschng

    You are from prominence.

  188. BM Observer
    October 14th, 2013 at 20:24 | #188

    @marcuschng

    How much now and to how much next week ?
    which type, which floor, which tower ?

  189. Chocolate
    October 14th, 2013 at 20:56 | #189

    What is the availability of units? What is the price now? Pls share.

  190. kabutol
    October 14th, 2013 at 23:06 | #190

    may i know maintenance fee how much?

  191. Liam
    October 15th, 2013 at 00:15 | #191

    RM0.20 /sf The price will increase 2-3%. I hv booked swimming pool and penang bridge view, type B .

  192. kabutol
    October 15th, 2013 at 00:47 | #192

    penang bridge view mean sea view?0.20 so exp…i think 0.17….

  193. edwin
    edwin
    October 15th, 2013 at 10:56 | #193

    @Liam
    Pool view should be type D… :)

  194. Kevin
    October 15th, 2013 at 11:40 | #194

    RM0.20/sf is too expensive. If you buy the unit 1500 sf, you have pay to RM300 per month. This is consider very high in mainland.

  195. marcuschng
    October 15th, 2013 at 12:01 | #195

    @Kevin but it is worth with the facilities that is own by the condo, you can enjoy all the facilities and enjoy the lifestyle which provide by the developer

  196. Liam
    October 15th, 2013 at 15:51 | #196

    Sky bridge with 2 floors facilities, sound very interesting.

  197. marcuschng
    October 15th, 2013 at 17:37 | #197

    The price of rm0.20 per square feet is very common on the mainland condo, there are also a lot of condo with the same maintenance as prominence but do not have much facilities as prominence.

  198. edwin
    edwin
    October 16th, 2013 at 13:27 | #198

    anyone know when can sign the s&p?

  199. marcuschng
    October 16th, 2013 at 13:53 | #199

    most probably is by end of November or start of December

  200. Liam
    October 16th, 2013 at 15:44 | #200

    Yaya. Thanks for correction. It is type D , tower B

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