DIBS is prohibited! Any impact for this project?

Yes likely to be impacted since this project has not been officially launched. Need to check if developer going to give any other reduction.

Anyone contacted developer? Pls shed some light…. It has gone quiet after the budget announcement…

@Boon Huat

I had contacted the developer. The DIBS scheme is still ongoing for this project. BTW, the official launch of show unit will be at Nov 9th. So you can draw their attention regarding this matter later.

@wanmohd
Thanks, hope DIBS continue, If not my deal is off…

@Joan

Personally, I prefer the DIBS is taken away from this project, AND the developer give some more rebate (may be 10 – 15%). Because the developer actually had mark up the sales price to cover up the interest they had to pay during construction. So, what we are actually paying is the future price. Name me one developer who is good enough to pay the interest for you?

10-15%.. we must be dreaming ….
Btw, i just called up RPPG, they ask me to call back later, the staff took the phone not sure about it..

This Project is expected to be completed by nex year (end of 2014) , thus impossible to rebate 10-15% if DIBS is remove.

If DIBS off,my deal also off

Hooray…now i have more options! Who is going to drop? Unit number pls.

Chocolate, wah, going for shopping spree again …….?
You missed the early bird promo ?

BM Observer :
Chocolate, wah, going for shopping spree again …….?
You missed the early bird promo ?

Thinking to buy one along Jln Baru or Kulim or Balik Pulau.

I like Signature, just worry about the train in behind and the entrance next to school..

chocolate so rich, sure he buy by cash ==

lalazai :
chocolate so rich, sure he buy by cash ==

lala..dont said like lar..poor money only.

How u going to plan with your cash in hand after IR? Bagan Ajam or Raja Uda area?

Hi all, I’m new buyer here. May I know this project can withdraw epf?

Jamjam :Hi all, I’m new buyer here. May I know this project can withdraw epf?

Yes, you can, as this project is a condominium for living but also depends on your own conditions:-
– If you had withdrawn 1st time before, then must show evidence you had sold off (disposed) the first house.
– If this is your 3rd house, you’re not allowed even if you had sold off/disposed first 2 houses.

Hi BM observer, thanks. Feeling excited !

You apply loan already? I am chuah from ambank. If you interested, can call me at 0165513468@Jamjam

Official launch units are open for sales now..come penang ppl,.faster grab one

@Penangkia

Hi, What is the price range, any rebate and DIBS or whatever ?

My friend also bought a unit and he say this is a very gd project.

@Jamjam
Why your friend said that? What do you think?

@Sky
Taking one year to complete the condo project (end of 2014). Did I hear you wrong? What is the project progress right now?

@SP

Possible. Because I just drop by, and the progress seems in the half way (12 – 13th floor. Still got +-11 floor to go). Hope the work quality is good and not derated due to fast progress.

@wanmohdrafiq
Wah! So fast. When they start selling the property? or they just started build it before selling? The news is out on 24-Sept-2013 but within a month the building already in the half way. The developer is pretty rich.

@Penangkia
I was informed that low floor price starting from 415k.

Not starting from 362K? Any rebate?

Is there any showroom to view now?

@Bit
362k with 8% rebate, that was early bird promotion.

Increase by 50K just within a month? Those who bought during soft launch now make HUGE profit ady.

@Bit
1st time i heard rebate up to 53K project. Imaging if you able to grab 362K unit and get 90% loan. The 10% down payment will only cost 36.2K. If developer rebate 53K mean you will get extra balance money of 16.8K for own spend. hehe…very good early bird package.

Its meant many ppls in financial problem are buying property and collect many from developer, so u nd very cheap to me.

SP :
@Bit
1st time i heard rebate up to 53K project. Imaging if you able to grab 362K unit and get 90% loan. The 10% down payment will only cost 36.2K. If developer rebate 53K mean you will get extra balance money of 16.8K for own spend. hehe…very good early bird package.

@soo
Do you think bank will approve 90% loan for those who got financial problem? Now the bank housing loan is strictly control and tightening the criteria.

I’m just paid the 3k booking fee. Now looking for 90% loan. Banker please contact me addictors@yahoo.com. thanks.

Early bird price is about RM394K plus for ground floor. After deducting 8%, you get about RM362K – RM363K, that is how indicative price states RM362K onwards. Every higher floor increased by about RM1K.
So, if now ground floor is RM415K according to Penangkia, then price increase is about RM21K already (assuming there is still 8% discount, if not, then it ‘s RM53K increase !).
To me, RM415K is expensive.

first day roadshow at Qb after rebate 360k for ground floor, 380k for high floor + buy 1 carpark = 400k, so I go for landed properties, but now look like many ppl like this project, feel like i miss the boat…zzz

Addictors, mind sharing which floor you buy and how much ? Still got 8% rebate and DIBS ?

lalazai, you have not missed the boat ……..just have to take more expensive boat lah…….
(I also missed the boat lah ……..)

I always doubt, the Signature or Prominence, which one should I go for?

middle floor, price about 440k. no longer 8% rebate. only 5%. DIBS still uncertain, they say will inform us when the show unit is launch. btw not much unit left now

Just call THe Agent… said no impact on the DIBS abolish

Just Call the Agent…. He said no impact on this plan regarding the abolish DIBS

When is the official launch date?

Launch of show unit tentatively in mid november. This is one of the greatest project in recent time. Glad that I tangkap 3 units.

King :
Launch of show unit tentatively in mid november. This is one of the greatest project in recent time. Glad that I tangkap 3 units.

3 units and feel glad? I would say good luck to u.

So far which bank give the best offer? Any1 get -2.45?

inv4win :
So far which bank give the best offer? Any1 get -2.45?

Ya i got it -2.45!

@IP_Man
Great. Which bank? How about rest like MRTA and lock in period? Mind to share to me? Thanks in advance.

i got -2.5 with maybank

@Not-onwer
Really? Interesting.. can you give some tips how to get it? I have a deal maybank also but he said -2.4 consider good ready..

@Not-onwer
U mean for this signature project?

@inv4win
I dont think so…

Ambank
BLR-2.45
Lock in period: 3 Years
Required MRTA minimun 5 years

Hi i am banker from ambank. I can assist you in the loan. I think ambank is the only bank in market that offer up to BLR -2.45 for this property price range. You can call me at 0165513468 or email me at ah_boon7789@hotmail.com thanks@inv4win

What is the type of the show house unit on 9 Nov?

The may bank manager just confirm that highest mbb give at 2.4…
im sure he lying

He already told you that he is “not-owner” aka not the owner..lol

@Boon7789
Plz check ur email.

It is Confirm 9 Nov is for buyer visitation…. 10 Nov for Public visitation

Units are sold out! hot cake in recent time! Congratz to The Signature buyer.

@JA
Where is the show house location?

JA :It is Confirm 9 Nov is for buyer visitation…. 10 Nov for Public visitation

Where is the show shouse location?

Every new project there has to be somebody saying “sold out! hot cake”.
But later “hot cake” turns to “Half – Baked” cake as I believe without the
DIBS.

how to recognize as buyer? do owner need to bring anything for verification?

JA :
It is Confirm 9 Nov is for buyer visitation…. 10 Nov for Public visitation

hahaha…agree with that half-baked!

Cold Cake :
Every new project there has to be somebody saying “sold out! hot cake”.
But later “hot cake” turns to “Half – Baked” cake as I believe without the
DIBS.

Pls bring it invitation card as a proof

This location is in Permatang Pauh and is directly opposite a mosque.
Muhibbah to those buying !!!!.

Location is at Jalan Baru is convinient and package was attractive but my concern are the 3 things nearby, railway track, school and opposite mosque. I also like the low density, so it is more luxurious.
So, 9th Nov is for buyers meet buyers session.

So this is really worth to invest for future? Any concern? Plz advise me.

wah, some sour grapes here!

DIBS shouldn’t be issue as ef not mention the same.

Waiting to see my dream home today…… On the way to the private viewing show house….

On my way..excited liao

@Shafie

Just back from the visit, perfect luxury and gorgeous!

Still units available?

I’m not impressed…. The area really sucks n the price is expensive…

Guys, uncle went to the launch and feel it’s not a good place if u thinking of investment…. For own stay, probably fine…. The developer is using the semi furnished as selling point to compensate the bad location and surroundings.. Uncle will personally not go for this project..

What is the price now?

H@JY
Hi. I have an unit to let go. Please call or what’s up me to this number. 0124581985. FYI: The current price is already increased about 8% compared to soft launch price.

inv4win :
H@JY
Hi. I have an unit to let go. Please call or what’s up me to this number. 0124581985. FYI: The current price is already increased about 8% compared to soft launch price.

What’s wrong with the showhouse?
What’s wrong with the showhouse?

Went show house today. Feel abit overpriced 400k for such a units, and eventually those early bird not “gain” alot as of the price increase. Those who buy with the increase price is already 2 car park bundled. But 1 thing is sound proof system is good even without double glaze windows today.

I am still very confidence with this project for getting me a good return in future. For me, no matter how high the price is, the location is still the matter. With the strategic location, not to mention now, but as a far sighted person, I am seeing how it going to develop in future with more upcoming development by Hunza, GSD and Belleview developer entering into the area. Guys, if the area is suck, do you think those “dai kor” will enter into the market. With the largest Mydin coming up and others dai kor is planning to build shopping complexes and hotel over that area.

Moreover, where can you find such a strategic location in mainland whereby it is 2 mins to Penang Bridge, nearby to amenities such as Sunway Carnival and easy access road to Kulim, Prai, Bukit Mertajam and Ipoh toll.

And I will proceed my signing for the purchase on Monday after seeing the show unit as I can already imagined the booming over the area in the near future.

@inv4win
May I know which is your unit? I am interested to purchase another unit if it is at my preferred floor. Thanks

@Joan
What is overpriced if compared to Woodsbury Suites @ Harbour Place? I just went to take a look on the property for Woodsbury. With bare unit the price already at RM400-RM450psf and Palma Laguna Waterpark going for more than RM300- RM350psf bare unit for subsales.

I guess we as Penang people gotta start to accept the fact of mainland property price is start going up too .. not only island… otherwise we’ll left out behind in the future with nothing.

@Uncle Ho
Uncle, is it in other words you’re saying that those other developer like E&O who was selling at more than RM1000 psf with semi furnished also as a selling point to compensate their bad location and surroundings?

@JY
Yes JY, I received brochure on this property and called up. There are still some available units but not much left anymore. I am going to take a look on the show unit tomorrow as well. Heard from friends who purchased, it looks fantabulous.

@InvD76
2nd floor..

@inv4win
With 2 car park..

@InvD76

Muhibbah :
This location is in Permatang Pauh and is directly opposite a mosque.
Muhibbah to those buying !!!!.

“The developer is using the semi furnished as selling point to compensate
the bad location and surroundings.. ” @Uncle Ho

“but my concern are the 3 things nearby, railway track, school and opposite
mosque”. @ BM Observer.

You can develop an empty land, can you change the population of a particular
community ? You can choose to ignore but it’s not going to be the way what
you have in your mind.

@Believe
Today I have been to the place. For Railway track, I didn’t even hear a single sound from the train as well as no vibration when the train was moving. Do you think this could affect the property?

I guess if you don’t want any place nearby or opposite to the mosque, then u should start to plan and migrate to some other places which are non Muslim country. Furthermore, as what Joan mentioned, “sound proof system is good even without double glaze windows today.” i think u’re staying inside the house and not outside, right?

For the school, if you said noise, again, it’s with double glaze windows. otherwise, there are another wing to choose which is not facing to the school. if for the traffic, there will be not much interference as the property is after the school and not before it.

By the way, may i know what the time for tomoro show unit? sounds interesting

@Branson
10am – 4pm

@InvD76

That’s why I didn’t buy Palma Laguna and those in S. Jaya including landed
property. You can get a 1600 sq. ft. condo in Pg. island with direct seaview
with 280K last year. Now might cost a little bit more. Is it for real you may
ask ? It has to be real. Take some time to ponder why ?

1000-1600

Totally agree with @InvD67! Never ever judge a location that has high possibility for booming even not now. Just like when I purchased my unit at Fettes Residence, I received a lot of bad comments of the area from internet and friends for it was SUCK at that time. Lucky me that i still insist my decision and pursue an unit over there. Now, I am very happy to always hear from my agent that how much the price shooting up 😀 😀 😀 and others are just can envy when they were skeptical on that time :>

i was wonderin y some of my comment shown “Your comment is awaiting moderation.”

@Branson
Comments with inappropriate wordings or personal attack may be
moderated or deleted.

@Believe
Can you please share which condo selling at 1600 sf with 280k last year in Penang Island? I think everyone here is very interested to know this. For what I known, even an old low cost at 550sf lipsin infront of graveyard also selling out at RM160k since last year.

@Believe
thanks. then i guess i should change my wording 😛

@Believe
thanks. then i think i should change my wording

@InvD76
Totally agree!!!!!Never ever judge a location that has high possibility 4 booming even not now. Just like when I purchased my unit at Fettes Residence, I received a lot of bad comments of the area from internet and friends for it was SUCK at that time. Lucky me that i still insist my decision and pursue an unit over there. Now, I am very HAPPY to always hear from my agent that how much the price shooting up.and others are just can envy when they were skeptical on that time :>

@Branson
tat why i never bliv & listen comment on internet. i bliv in prop guru likes Milan Doshi & etc.. he encourages us to start invest in mainland with more excitement coming up.

@Branson
tat why i never bliv “n” listen comment on internet. i bliv in prop guru likes Milan Doshi & etc.. he encourages us to start invest in mainland with more excitement coming up.

How come the aircond given is non branded as it’s different with the earlier promised branded aircond with DC inverter technology.
feel like getting fooled and disappointed.

InvD76 :
@Believe
Today I have been to the place. For Railway track, I didn’t even hear a single sound from the train as well as no vibration when the train was moving. Do you think this could affect the property?
I guess if you don’t want any place nearby or opposite to the mosque, then u should start to plan and migrate to some other places which are non Muslim country. Furthermore, as what Joan mentioned, “sound proof system is good even without double glaze windows today.” i think u’re staying inside the house and not outside, right?
For the school, if you said noise, again, it’s with double glaze windows. otherwise, there are another wing to choose which is not facing to the school. if for the traffic, there will be not much interference as the property is after the school and not before it.

Before or after the school, the traffic is the same, my dear.

@InvD76
Yes, beside the double glaze windows promised (Actually the show units is using single glaze windows as developer would not order the double glaze windows in time, that why u see the item is temporary for show house unit), there is a rubber seal around the door, which make it more sound proof. Why did i say so ? Actually i did try to close a door in a room when there is alot of noise (around 20+ ppl discussing in the living room) and yet, the noise is supremely low.

Hi all guru, Compare with Signature Vs Prominence , with one is more worth to buy?

@Unsatisfied
The wardrobe is too big to locate at bedroom 2. The aircond is cheap. And the kitchen table material is not marble @@

Both also no good, the better one is Bellview condo (on the way launching soon).

@Chocolate

You have forgotten to say that one has to drive up near to Jln. Bukit Tengah to
make a U-turn to reach their future home when coming back from Penang or
Butterworth. This area also surrounded by Prai Industrial Estates and Nagasari
Industrial Park.

I don’t see any advantage in this location. In the end, you have every right to
choose where you want. May be it’s a RARE and strategic location as seen by
others.

@Chocolate

where is the location for this Belleview project?

@fujiapple
The Signature.

@Vincent12
any unit left so far?

@fujiapple
3 units…

Agreed…. Belleview is launching during next yeat’s CNY… Uncle feel the signature buyers will regret…. I have some insider news on the BV project but can’t reveal much at this point…

@fujiapple Hi. I have an unit to let go. Please call or what’s up me to this number. 0124581985. FYI: 2nd floor with 2 car parks

@Vincent12

what is the price now?

Looks like many ppl are letting go of their units after viewing the show house… What’s happening guys?

@InvD76

Yes agreed. You have the points.

I am quite happy with the show unit and signed SPA on the same day.

i will not let go my unit. wil sign snp nx week.

@Fish
I doubt whether you’re a real buyer or not. As I know from the agent, they will provide aircond brand topaire or equivalent… And beforehand they already told us it is solid surface for kitchen cabinet.. And now u’re asking ridiculous items??? No wonder u’re non satisfied

@fujiapple
Of coz is signature… Look at the location and density.. Signature has defeated it all… At 1st I saw Prominence… But luckily I didn’t purchase it …otherwise I afraid I can’t get a unit in Signature …

@Penangkia
Me too… Wise person think alike

@Kok
Not true at all… I went to the site today as well.. Lotsa response and now only left bout 5 or 6 units only as compared yesterday, they have sold out approx 15 units today again..good job!

@InvD76
Ya, surprisingly all corners been taken up.I was ther @ almost 4pm and can’t corner unit. Howevr still manage to book the high floor intermediate :>

@Believe
I went ther 2day. I think u r also 4gotten that it is 2 mins only to reach pg tol when u r goin to pg or bw.

@Believe
OoppSs miss out.. Ther is easy u-turn when u r heading to BM n I round da area 2day. Prai and Nagasari industrial park was way too far from Signature. Quite a distance

@InvD76
i consider it as noise pollution condo, narrow road access at entrance & traffic jam on Jln Baru during peak hour.

@Mok
I am disagree to that term, frankly during the launch date, only single glaze windows is used but still noise level is very low… looks like i got few buddy signed SPA on teh day, of course, i am not an expert to think how much the price rise or ROI for investment purpose, but i would say is a comfortable place to stay (Of course not by viewing the showroom only). I think i will be go ahead with it

@Mok
Agreed. Very congested area.
Or we may think optimistic if you want. School nearby, mosque nearby, new mydin coming soon, everyday can enjoy the railway/train scenery. Soundproof or not doesnt matter.
Some may enjoy the traffic there but not me.

i believe most of these comments (pros and cons) come from speculators and rival agents…went to the launching event myself and couldnt complain more … u get what u see…… if u dont like it just dont buy..and if u expect your dream house to be sitting on private island with no noise pollution and traffic jam, certainly this is not your type of property…pls respect the authentic buyers here… im just looking for a decent place with decent budget for my daughter to stay and this condo suit my needs in terms of location, budget, facilities, security and most important the renovation package …

@Uncle Sam

I am curious. To pay RM362,000 onwards (that’s what it says in the project brief), are you not able to get something better in Butterworth? A landed in a less polluted area? No?

@uncle sam
ya right
Of course, i am not an expert to think how much the price rise or ROI for investment purpose, but i would say is a comfortable place to stay (Of course not by viewing the showroom only). I think i will be go ahead with it

I remember there is a 2 way intercom stated in the specification column in the signature brochure but i didn’t see any in the show unit. Did you guys notice that?

@Addictors
I saw there are 5 telnet points in the show house, wonder 1 of the telnet point is 2 way intercom?

@Addictors
i saw it. it looks like a regular phone hang on the wall.

there are a few points that i like about this condo
1) low density
2) no face to face kinda design
3) foods/shop outlet is outside of the condo premise. clean n security
4) semi furnished package
5) at the mid point going to penang bridge & to mainland industrial park
6) covered connection from carpack to condo
7) some facility is detached from the residential. less people walking around.
8) near to jusco and mydin is cmg up. no stress for grocery shopping.

there are some grips too but i think i can forgo
1) beside a primary school – concern: jam during school time with parents struggling for parking by the road side
2) jam during working time, hope that the traffic will be better after the opening of the second link
3) air quality is not that good as it’s not quiet far away from the factories
4) design: the house entrance is small! just ngam ngam the size of the main door. i can’t put any shoe rack or stool there! then some doors can be just the folding instead of swing door. the condo is small and the door take up space. the kitchen cabinet is not covered till ceiling height. shower room without the swinging glass door, only give a pityfull small piece of glass. a weird window in the small utility room + the space taking up swinging door which blocks the walkway to the kitchen n the dining area.

i’m getting phobia of ppl following home and snatch thief case. i rather get a condo than a landed property now. pay maintenance fee to use all the facility in house than going to join gym/club outside.

@PenangLover
Judging is preventing us from understanding a new truth. Free yourself from the rules of old judgments and create the space for new understanding

@Addictors
I heard overheard other asking the same question too.. It’s there but not yet install. To rush for show unit of coz will left out something here and there.. But I am impressed that they really do a real show and actual unit to shown us. Even a very high end condo also can’t provide this kind of guarantee and services to buyer for viewing at the real site before signing. I am sure preparing it at the site for view is not really an easy work to do.

Hi Jess,

Thanks for sharing. You seem to be genuinely looking to buy a place for own stay, rather than flip, judging by the details you have illustrated here. How big is the unit actually? And how much are you paying for it? On high floor? I presume you are getting 2 covered car parks?

@Uncle Ho
Is it that piece of land opposite pacific mall? I don’t see any clearing/progress at all as I passby everyday … And early of this year Belleview mentioned is to build shopping mall wow…. how come become condo?? Are you sure?? Pls share more.

The land I heard Hunza is coming in for shopping not condo. But even if they build condo, the price sure will not be affordable or cheaper. But it’s good for them to enter Jalan Baru to further increase the market value for Signature in future.

Someone posted the link here before. It is mall + condo in Bellview plan.

Yes, it’s in front of pacific… It’s mall + condo… Uncle can’t reveal much… Wait for the official news soon…

http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=486734&S=S

Hi all. Siapa belum apply loan eh? Am bank is offering a good package for this project. Anyone interested to apply can call me at 0165513468 or email ah_boon7789@hotmail.com. thanks

@SiaoLang
i took lower floor intermediate unit, this will be my first property, won’t be able to afford the high floor. managed to get the early bird package so it’s less than 400k with 2 covered carpark

now was about 450K @Chocolate

Belleview project.

http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=486734&S=S

@JA
450K for 2 carpark?

So price increase from 362K to 450K now?

@Chocolate

No lah. The pricing is a bit complicated.
362K is ground floor after 8% rebate, one car park.
450K is higher floor, before current 5% rebate and two car parks.
One car park is about 20K, also subject to 8% discount.
Every floor increase by 1K to 1.1K.

Wah very cunning move by the developer, confuse people on price. Speculators like that, 8% rebate (as good as DIBS), price confusion, so later can sell higher price…:) The authority responsible for price control might want to take note of that!…:)

450K – 5% rebate – 20K (car park) = 407.5K. So price increase about 30K to 40K.

@SiaoLang
Hi Branson, it’s not a cunning move. Some other developer might increased the price for more than 5 times. so wat it considered then? so far as i know, the price only increase for 1 time which is never too much as they need to consider for early bird like us.

@Chocolate

i think probably 30K which already consider a lot.
407.5K probably is the high floor, so have to minus 10K to 20K vs ground floor (originally 362K).
407.5K – 15K = 392.5K, so price increase about 30K loh just in 1.5 months.
Did you invest ?

Nope bro..still hoping Bellview give me a ohmmmm to buy.

When i see the design of Prominence or Signature, they make me think of the abandon condo in Jln Skudai which just beside the highway to Singapore, so i am a bit worry. If the design like Pinnacle, sure i buy.:P

Not to say it is not good but i feel the con points just make me backoff.

@BM Observer
Yes, of coz i haf bought 1 unit d during the show unit. now awaiting for my loan. For me, to invest, if right location & timing, then i won’t think much even if price increase. Now 30k is alot. but not in future. 30k in future could be like 3k value. but the capital appreciation tat i am confident to get is more than tat. so no harm :>

Siapa 11th floor owner

Conventional or Islamic package, which 1 are preferable?

Anymore units left? Whats d promotion like? Pls email me asap.

BM Observer :
@Chocolate
i think probably 30K which already consider a lot.
407.5K probably is the high floor, so have to minus 10K to 20K vs ground floor (originally 362K).
407.5K – 15K = 392.5K, so price increase about 30K loh just in 1.5 months.
Did you invest ?

take 1 high floor unit to compare and it was about RM28.8k, 7% increase just in 1.5months @_@
what about when the project is completed?

This area can invest meh? Near sungai, near kampung house, near jalan keretapi, only few shoplot…… …… !!!!

did anyone buy mrta? and is the dibs inclusive of mrta?

Hi Folks. what is the best loan offer you guys get? -2.45?

Fauzaq Mohd Sah :
Anymore units left? Whats d promotion like? Pls email me asap.

What is so hard? Go contact the agent and you will get the answer immediately.

Fish :

BM Observer :@Chocolate i think probably 30K which already consider a lot.407.5K probably is the high floor, so have to minus 10K to 20K vs ground floor (originally 362K).407.5K – 15K = 392.5K, so price increase about 30K loh just in 1.5 months.Did you invest ?

take 1 high floor unit to compare and it was about RM28.8k, 7% increase just in 1.5months @_@what about when the project is completed?

Feel happy ?. Yes, when completed in another 12 months time, it becomes :
12/1.5 X 7% (28.8K) = 56% (230.4K). So, becomes 640K loh. That’s what the developers and property marketing agents want buyers and potential buyers to imagine and hopeful. Buy, Buy, Buy and genuine buyers also becomes speculators, Sell, Sell, Sell. When completed, everyone is the sellers (speculators) to earn quick profit but sell to who ? Water fish ? Everyone becomes speculators, no need to work liow, he he.

all, who has signed the SnP?
the lawyer called that besides the balance 10% $$, i have to pay around RM350 of the professional fee/legal fee. I thought legal fee is covered by the developer. did anyone pay the $$? sorry that I’m a noob 1st time buyer, know nuts about buying property, need all the Sifus here for help & advise.
thanks

VLB :
@Mok
Agreed. Very congested area.
Or we may think optimistic if you want. School nearby, mosque nearby, new mydin coming soon, everyday can enjoy the railway/train scenery. Soundproof or not doesnt matter.
Some may enjoy the traffic there but not me.

Weather the location is good, or sucks, it is purely depends on the personal point of view, and what their needs are. Me personally as a Muslim, think the mosque in front is an advantages. Some might say it is a drawback. For those who is busy enough and has a few kids in primary, might think the school nearby is a additional stats for them. And again, some really dont think it is a good thing. It is purely depends on what the individual needs. I am agreed that the price psft is a bit high for condo at the mainland. But I am willing to pay extra for the location. It is nearby the workplace, and have few amenities within the parameter.

Ya lo, traffic jam sucks. But of course the traffic jam is always there if the place has an interest! Why do people drive all along the road for nothing? Lol.. Lets put Ayer Itam as an example. A massive traffic jam no matter what tine it is, but people still willing to pay for a property cost 550 – 600MYR psft (or may be more?) Kulim or Sungai Petani is consider the best option if someone want to get rid of traffic jam.

@gil
wait long long. the answer is no.

@Jess
I get called from lawyer too, but they dint mention about the professional fee/legal fee. I remember that agent has told me that the fees is included by developer, isn’t it? Pls advise as well.

If i understood correctly, prior / during SNP
1) Buyer only bear stamp duty for Loan agreement
2) Developer will bear stamp duty for SNP
After the building completed,
1) Buyer bear ownership transfer.

Not sure if it is true

The cost of building material going up year by year and with the GST rolling, the cost of goods will be inflated further. This project will give handsome return.

The sales told me this, developer will bear the:
1) SNP legal fees and stamping fees (the RM10 X 4 copy) – free.
2) Loan agreement legal fees and stamp duty (the 0.5% X loan amount) – free

Note: Didn’t mention about the RM350 fee and RM350 cannot be legal/professional fee cause legal/professional fee usually in thousands RM, 2K-4K (before any discount).

After completion (1-2 years fr now), buyer will bear the:
3) Memorandum of Transfer (MOT) legal fees and stamp duty – RM10K or more.

gil :did anyone buy mrta? and is the dibs inclusive of mrta?

If you finance the MRTA premium into the loan amt, before/by first disbursement (drawdown), MRTA premium will be released by bank to the insurance co first, so DIBS will be only based on loan released amount. In other words, MRTA not applicable in DIBS.

InvD76 :@Fish I doubt whether you’re a real buyer or not. As I know from the agent, they will provide aircond brand topaire or equivalent… And beforehand they already told us it is solid surface for kitchen cabinet.. And now u’re asking ridiculous items??? No wonder u’re non satisfied

For sharing and kek poh:
They said TOPAIRE or equilvalents WITH DC Inverter and Ionizer, Energy Saving and High EER. They also said Samsung or equilvalents Fridge; now becomes Sharp fridge. Sharp fridge is equilvalent to Samsung fridge ? Did you guys check whether ceiling fans is KDK ?
What about rain shower, whether MOCHA Italia ? If yes, then it’s good.

Guys, just sign my SPA this afternoon, the developer is only bearing the loan agreement fee, definitely not the stamp duty for the loan agreement. The MOT will be 3 or 4 year down the road, should be bear by us as well, I think this is pretty common. The RM350, is the disbursement for the loan agreement, it depends on which bank or loan package, some the back is not paying for the disbursement, then we have to pay. I’m using CIMB, I don’t have to pay

@BM Observer
As what i know the developer didn’t absorbed the stamp duty for loan (the 0.5% X loan amount), so buyer do need to pay for it.

I have booked a low floor intermediate unit with two car parks, under the early bird package. Any one interested to the unit pls watsapp me @ 017-4019695.

@Lee

How much u selling?

I have 1 Intermediate unit at middle floor.. 2 car park as well.. pm if interested..

joan :
I have 1 Intermediate unit at middle floor.. 2 car park as well.. pm if interested..

Lee :
I have booked a low floor intermediate unit with two car parks, under the early bird package. Any one interested to the unit pls watsapp me @ 017-4019695.

Guys, please pm me the best deal.

@Vincent12
ulwayeoh@gmail.com

low floor is at what floor?

interested to purchase one but not too low floor

@oki
oki, y don u go directly to the agent? I bet they shud haf some low floor available.. won’t it be risky buying from those flipping for now? we will never know whether they could change or transfer name or not.. if can’t, then u’ll be in deep prob with money tying down with others 😉

@BM Observer

yes, very confirm that the fan is kdk and rain shower is mocha italia..

BM Observer :

InvD76 :@Fish I doubt whether you’re a real buyer or not. As I know from the agent, they will provide aircond brand topaire or equivalent… And beforehand they already told us it is solid surface for kitchen cabinet.. And now u’re asking ridiculous items??? No wonder u’re non satisfied

For sharing and kek poh:
They said TOPAIRE or equilvalents WITH DC Inverter and Ionizer, Energy Saving and High EER. They also said Samsung or equilvalents Fridge; now becomes Sharp fridge. Sharp fridge is equilvalent to Samsung fridge ? Did you guys check whether ceiling fans is KDK ?
What about rain shower, whether MOCHA Italia ? If yes, then it’s good.

What a promise? TOPAIRE without DC Inverter and Ionize… Ppl, pls voice out and request for change…

@Fish
well, I do know that they didnt mention any promise on ionizer and dc inverter air cond.. they do only told me aircond topairre brand.. tht’s all… so tht’s fine for me and I don’t think a voice out is necessary for what they had provided so far…

@Fish
ya, then y u nvr praise them for providing LED light and plaster ceiling at your corridor since they never mentioned and promised on tat b4?

Fish :

BM Observer :

InvD76 :@Fish I doubt whether you’re a real buyer or not. As I know from the agent, they will provide aircond brand topaire or equivalent… And beforehand they already told us it is solid surface for kitchen cabinet.. And now u’re asking ridiculous items??? No wonder u’re non satisfied

For sharing and kek poh:They said TOPAIRE or equilvalents WITH DC Inverter and Ionizer, Energy Saving and High EER. They also said Samsung or equilvalents Fridge; now becomes Sharp fridge. Sharp fridge is equilvalent to Samsung fridge ? Did you guys check whether ceiling fans is KDK ?What about rain shower, whether MOCHA Italia ? If yes, then it’s good.

What a promise? TOPAIRE without DC Inverter and Ionize… Ppl, pls voice out and request for change…

Something i forgotten to share (last one):
The water heater storage unit mentioned is ELTON or equilvalents. All these were mentioned (not just said) in a document, upgrades items.docx, attached together with other files sent out by email on 20th-Sep as pre-early birds promo announcement.
My opinion is that genuine buyers esp owners-occupied have the rights to enquiry the developer or marketing agents to deliver the promise whether got supports or not from those speculators, sales ppl and property marketing agents. Fish, in the mean time, pls praise them for providing LED light and plaster ceiling and tiles at corridor – this is good and make it more luxury but not means exchanging. Ok, i’ll not comment anymore, enough sharing. Happy new homes.

Guys, pls stop fighting for silly things like the brand of air cond… Those invested waiting to reap a handsome profit… Just b happy and enjoy.. Let ‘s go out there n continue investing and making money

@Kok

Definitely you won’t like to hear, those invested waiting to reap a handsome
profit especially in this area are making a huge mistake.

So tell me which area one should invest, muhibbah? U sound like an expert..Whis this kind of price pls dont tell me u can get any property in the island anymore…

@wkl

Butterworth is never a good place for investment. As for own stay, well, this area is probably one of the dustiest and noisiest locations in Butterworth….:)

SiaoLang

Well tell me which properties did u suggest with this range of price, facilities, location and target of completion. Maybe i can consider if u r convincing enough

I guess muhibbah and siaolong have missed the boat buying this property….. This is a sure bet to make money…mi can give you 10s of reasons….

Let,s go out there, invest and make money…. Thanks.

@Kok

A sure bet to make money, first glance very tempting looking at your statement.
On second thoughts is very misleading. Even if you’re willing to sell me at your
cost price, I won’t be buying. I swear to god I am not bad-mouthing.

If this location is so good, I would have bought it earlier anytime than you. That
included Palma Laguna. For your info, I have property in B’worth but not this
area.

Carry on muhibbah..let me know where is your so called superb location property in butterworth..whats the profit return u talking about..

Seems like alot of flipping activities coming soon… But condo on mainland? Hmm, perhaps the location is a winning factor.

My point of view, Prominence location is more convenient compare with The Signature . At least no big round if you want go to Bukit Tengah, Bukit minyak or Auto City from your home.