City of Dreams
City of Dreams, a freehold luxury lifestyle development at Seri Tanjung Pinang. The residential units come with size ranging from 1,000 sq.ft. onwards, with a well equipped kitchen accessories. Resident can also enjoy a wide range of luxury facilities such as private lift, private lobby, yacht services, Rolls Royce limousine, private bowling alley, private cinema, sky lounge, sky pool and many more.
This is a 40-storey high-rise development comprising:
- 7 level of car parks and facilities floor with wellness concept
- Tower A – Service suites (286 units)
- Tower B – Service suites (286 units)
Register your interest here
Property Project: City of Dreams
Location: Seri Tanjung Pinang, Penang
Land Tenure: Freehold
Built-up Area: 1,100 sq ft to 2,350 sq ft.
Indicative Price: RM1,500 psf. onwards
Developer: Ewein Zenith Sdn Bhd
Location Map:
Progress update by reader (Oct 2018)
Progress update by reader (Jan 2019)
Progress update by reader (Jun 2019)
Progress update by reader (Aug 2019)
SITE PROGRESS
” yacht services, Rolls Royce limousine, private bowling alley, private cinema…”
OMG so luxurious…..got private body guard or not??
still gt people goreng?
City of Dreams – Only In Your Dreams
Rich man gt Dreams lah, pocket empty where gt Dreams ?
@peter
Rich man no need to dream about sharing a Rolls Royce lah. Can go and buy one anytime…:)
This is for people who cannot afford a RR but still want to show off. And the best thing is, after the various “rebates”, “discounts”, “incentives”, you don’t even have to pay a single sen upon signing the s&p….:) The City of Dreams indeed!!….:)
But what bothers me most is this. Zeon Properties is collecting RM5000 from each “interested potential buyers” so that their names can be placed on the so-called “registration list” at the recent property fair at straits quay. Now here’s the issue :-
(1) Agents can’t reveal (and don’t know) exactly where the plot of land where the City of Dreams will be built.
(2) There’s zero info on the project, except for the Rolls Royce.
This agent should be charged for illegal deposit taking.
@cullymi
Wow seriously they collected deposit without revealing anything in details, I’m surprised got people go and pay.
Yup agreed, illegal deposit taking
Developers must now display plot, price and all the features in the advertisement before collecting downpayment. If not, go and complain to the state gov. Close them down.
Sounds a load of rubbish to me, only an idiot would pay $5,000 to be provided with no information at all
there are only a few sites left on STP, must be between Brezza and Jazz hotel. Hardly a luxury site, not close to the water, you can hear the cars from OPR come past your window, so I guess the Rolls Royce must be to drive you to the water to get on the yacht (yeah right), wait and see if all these are listed in the S&P, if not in S&P, don’t expect to see it
looking forward to big price drop next year … the bigger the price crash the better LOL
absolutely true.
Whether price drop or not, that’s another matter. But consumers definitely deserve a fairer deal.
I mean, it looks like anyone can setup a counter at the mall, claiming to represent a “reputable developer” in selling an “upcoming super luxury condo” in the “exclusive area” of tanjung tokong at RM400/sqft, you just have to put in your early bird deposit of RM5000 with them to secure a chance to book 1 unit at pre-launch price. I’m sure you can easily collect deposits from 100 interested buyers. That works out to be a cool half a million ringgit for a day’s work…..:)
in my fxxking dream man, I better wait for SVP to go above RM1000sqf
Who the heck is gonna pay 5000 to an unnamed developer?
We pay RM5000 is to book a slot in the preview launch. Else, we can refund anytime. If really good, we will have the advantage of earlier bird, else, just fully refund. No worry.
Hi there…
It legal as all the customer pay to the stake holder (Means the panel Lawyer). And is fully refund is don’t want to purchase. When the time can choose unit they can either say want or don’t want. By that time all the developer info will be disclose and the SQ and price as well.
Fully agree a whole load of rubbish. Images shown are copied and full of spelling mistakes.
High end property??? Must be china ah Pek developer fulfilling his dreams but will it be world class as claimed??? Doubtful…
Very nice and impressive
Good location and design
@TL
Cannot be as good as shineville park. SVP is the best in penang!
only unethical developer will accept this type of arrangement. Unable to surface, using dirty tactic to gauge the response so that can price sky high if registration is good. If highend proj, then this kind of awareness is cheap skate! Dont see E & O, Mahsing, S.P. Setia hiding behind the agent to do this…
Who is the Development ?
EWEIN BERHAD – Announcements.bursamalaysia.com
announcements.bursamalaysia.com/…/EWEIN%20JVA%20ANN%20(FI…
Dec 24, 2013 – BUCG Sdn Bhd (“CZBUCG”), the remaining 40% shareholder of EZ, EL and … land identified as Lot 702 situated in Section 1, Bandar Tanjong Pinang, Daerah … Ltd, Juteras Sdn Bhd and Sri Tinggi Sdn Bhd, and the.
Anyone can confirm that?
Wow….have they started building any expressway yet? So fast land already given to them ah…..:)
this must be the mysterious city of dreams project
http://anilnetto.com/economy/development-issues/the-saga-begins-tunnel-contractor-enters-jv-agreement-with-ewein-bhd/
Well, since this piece of land belongs to the people of Penang, are they not entitled to know what actually happened, how the deal works, and is someone being unfairly enriched by the deal at the expense of the people of Penang? Hhmmm……:)
@kuehkolok
No, now penang belongs to the melaka boy.
Good place to purchase wit reasonable price.
I received receipt from the lawyer, Salina & Lim Kean Siew Co. for the stack holder payment. RM5000. When Zeon should call us for preview?
Hmm there might be a big jump of level for Penang in the next 5 years. Something that serves the needs of the overseas investors. Getting us nearer to other developed countries.
Yeah Great to heard that.Love Penang.
@V LOVE PROPERTIES
I been the the property fair and now is register for 1200psf
Does that mean developer just jack up to 1200psf for all buyers?@Jojo
out of so many cities arnd the world penang is in top 10 for many categories…. penang is a super unique destination… the sad part is penang was put to sleep almost a decade or more thanx to the stupid corrupted BN government… and BN didnt give what a place like penang needs for a long time…. but regardless of these penang surface to the world’s view for it’s fantastic and unique charm… now penang is shining again blessed with a proper govt… still needs further cleansing but penang will surely thrive… many can see it already… penang is penang… like none other…
Price b4 Christmas $1000/ft.
Price in CNY $1200/ft?
Yaya…I heard the sales said, rm1.2 million onwards…but dunno where is the exact location yet…
Any update? its look very mysterious indeed…
Of course have to be mysterious lah. Zeon Properties is doing something illegal.
Basically what Zeon is trying to do is to get the names of people who are interested in buying something around the price range of RM1000/sqft in that area, after which they are going to go back to the developer and say that they have 200 purchasers (fictitious of course) already placed booking fees with them, so that Zeon can negotiate a bulk buy deal with the developer. With the discount in hand, Zeon will continue to look for buyers as things go….:)
I have heard this site should be at the very end of STP, closest to Gurney, Certainly not close enough for Zeon to be advertising it as located at Straits Quay. Apparently the land does belongs to another developer and not E&O
The longer this goes on without any real information being provided, the more likely this is bogus as Big China has highlighted above and they are fishing to try to put in bid to get the land off the existing owners
The land is currently “owned” by State government, part of the deal of EnO to allocate part of reclaim land to State. The state land could be part of the state land swap as part of the 3rd link tunnel building. In Zeon’s presentation, the developer or contractors for COD are same contractors for 3rd link tunnel.
Any other comments to share?
Wow, you are a genius. You seem all knowing….@BigChina
There is a show booth in QBay with a Lamborghini Aventador.
@ong,
Oh yes, Zeon would be running away with all your money and an Aventador…..:)
Any news on City of Dream? Kind of boring waiting and keep on delay and delay.
Big china talk like big china way…lol
Zeon call me to take back my RM5000 deposit. They told me coming 2nd half of 2014, City Of Dreams will launch and they will call my to review it and by then to pay RM20K (not refundable) to book a unit. I aks them whether they have advestizing permit now or not have, they refuse to tell me. I ask them to show me the layout now but they refuse to show me. Can anyone tell me, what kind of marketing Zeon doing? I want to see the plan now, then i can decide to stay on or quit from this project. Can anyone advise me?
@Hate
It’s not that they don’t want to show you, but they just have nothing to show yet. Anyway, there’s no big deal about this project. Rm1000/sqft condos are nothing to shout about nowadays. Yacht & Rolls Royce services are all nothing but imagined up by the promoter, an “ah beng” who thinks penangites are as obsessed with “luxury” as he is!!….Hahahaha…shit huh!!….Small town ah beng selling time-shared Rolls Royce !…:D
This project will take at least another 2 years before they can start building because no construction can take place until E&O starts reclaiming the land.
why not?
why not? it is stated that no construction can take place until E&O reclaims the land. So E&O did mention that it will take 2 years before any launching can take place. So other developers involved in STP2 can’t launch yet until E&O has completed the reclamation for gurney drive.
@lol
Aiyo gundu where have you been? Dreaming ah?
The land, Lot 702 situated in Section 1, Bandar Tanjong Pinang, Daerah Timur Laut, with size approx 3.67 acres (159,865 square feet) HAS ALREADY BEEN given by the state to the “developer” as PARTIAL PAYMENT for the works for the major roads project and the third link (tunnel) project in Penang.
Nothing to do with E&O lah by dear gundu friend.
So here’s the thing gundu (lol). Some control has to be put in place.
By right, when a developer is promoting & advertising a project, an advertising permit has to be obtained from relevant authorities.
Obviously, this is to prevent innocent home buyers from getting conned by people selling soon-to-be-built properties that are “non-existent”.
So in the process of granting an advertising permit, the authorities would have vet through all the relevant docs to make sure the properties that will be marketed to end users are within pre-specified expectations, before granting the advertising permit.
So gundu, are you able to identify the loopholes in this Zeon Properties-City of Dreams scheme?….:)
no deposit needed, buy at a cheaper price, good location, freehold, seaview. Haha just register and wait until the info be revelaed (price increase by then). What’s the risk
is the project still on?
They still holding my RM5000 and still waiting for their soft launch. Getting ‘tu-lan liao’ waiting for so long
e&o semi-det owners nearby are protesting. hearing coming up soon.
@kkj
Oh on what grounds are the owners of E&O protesting? Got grounds or not? Usually these kind of protests end up being futile. The govt will go ahead and proceed to approve the project. Waste of time.
I had registered last year without paying any deposit, according to them buyer who paid deposit will get cheaper price than those did not pay. Until now I did not get any calls / msg from them.
I paid last year, but also did not receive any call from them.
I worry cheap unit will be those bad facing unit.
This project was a fishy from day one
Rolls Royces to drive residents around, bowling alleys in the club house. Curtain wall exterior
plus a competition to design the logo. Its called City of Dreams, cos you gotta be dreaming if you think it will be completed as they said
The plans for this project are currently at the approval stage only. Probably another year before they can actually start work on it
Whats the status of this project now? Was the objection by the surrounding residents heard and what was the outcome?
They are revising the price upwards due to our weak currency, because the shared rolls royce is 30% more expensive now.
@HuatChai
How much higher?
The project has been approved by MPPP. They are calling up VIP to view the layout..
@Bthunder
where is this project located ? Near site Tamarind ?
is this project on the gov reserved land next to E&O’s Tamarind ?
City of Dreams just a dream only, until today still dont know the site location
is it on commercial land since it’s called suites?
Also where is the entrance? I don’t see any entrance from Seri Tanjung Pinang.
I guess must be from Starbuck…correct me if I am wrong…
Rolls Royce…Hmm…1 customer book a day…I think I will need to wait 2 years before I can book another turn…
Unless they have 5-10 Rolls Royce waiting for you everyday when everyone will be wanting to use it but from what I expect, you will have to rent the car instead of using it for free…
@Land
its at the land near Marina Bay, just outside STP semi D at Jln Denai Endau 11.
Heard some STP residents have raised objections to the development. Would be interesting to see the outcome. It is rumoured that the skyscraper will be built very very closely to some of the houses there.
Application has been approved:
http://www.epbt.gov.my/osc/Proj_Info.cfm?Name=581191&S=S
Public Announcement:
http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/794158295DAF327248257CF5000D2690/$File/EWEIN%20-%20Circular-final.pdf
Looks like this CITY OF DREAMS location is not on the vacant land next to E&O’s Tamarind. Did anyone know who own that piece of vacant land?
build roads first before inject more density.. else more slums in the making in the current purchasing power in the market.
Building plans not approved yet
Got to look at the plan, luxurious condo, fully sea view 1000 per sq ft for 1088 sqft to 1300 sqft. GST included….
when will Launching ? Or already fully booking??
@Launching
High end properties are not easy to sell at all at this point of time especially with the banks tightening their belts and the fall of the ringgit. Whatever you hear from the market especially from those with their own interests to serve must be taken with a pinch of salt. The reality is far from the proverbial bed of roses.
So whats happening now with the objections from the Seri Tanjung pinang residents? All down the drain as usual?
@Broker
Nothing happened. They reduced the density to about 500 units. Apparently, there will be another project in front of COD..the sea view is going to be blocked.
@Bthunder
Wah lau….paying RM1 over million to be blocked by another condo. that sucks man.
Hey guys whats the status here ? Project tak jalan kah?
Plans already approved ! Yay ! another towering block of condos at straits quay!
Developer even displays a lamborghini and rollos royce at their sales office to entice buyers. hehehe
Is it open to booking now? What is the current price per sq ft?
@Investor
RM1,200 psf
Got yacht service, rolls royce, private cinema and even a private hospital operating within the complex !
Faster get your units while stocks last ! this project is very hot according to the sales agents! 80% sold ade. hehehehehehe
The sales agent told me that he forsees the price psf to rise to Rm2000 psf on completion! ahhahaha
572 units
1 Rolls Royce
1 Yacht
Lets say I use the car for a day. What will happen to the other residences?
If everyone wants to use the car or yacht must have a waiting list for more than 1 year?
Anyone know the take up rate for this project?
Sales person say going to sell this project in KL at rm1500 psf , is it true?
@cws1
The take up rate I believe for this project is only about 10%. With the market now , I dont think they are selling well. The fact that they have to go to KL to sell is indeed a very bad sign. Heard they will be marketing overseas as well.
@Property 123
The rolls royce and Yachts are only a marketing gimmick. A real buyer will not be enticed into buying properties because of it. People who can afford this project would have their own cars anyway and would not need to rent the rolls royce. As for the yacht, how often does one have the time to go yachting? to me these are all not practical at all and merely marketing gimmicks
I saw the sales chart. Both corner unit is 90% sold.
I thought selling to overseas is better?
As malaysian thinks more foreigner means better value, properties with more foreigner tend to have higher value.
If they indeed sell at rm1500 psf means the properties is worth buying. No?
Rolls Royce, bowling alley,mini cinema and yachts are gimmicks.
But they throw in nearly fully furnished items for owners.
I still think is a better buy compare to Katana condo and City Residence condo by Ivory.
What do you think?
I think it is not worth buying. If you want a rolls Royce, go buy one. Don’t buy an overpriced condo and share it with the other 600 other owners. That just a marketing gimmick. Rm1500sft, wake up please LOL
@cws1
Do you know city of dream is going to be blocked in the future.? Only the corner units have view. Then u need to seriously consider of getting a unit there.
@bthunder
What is the project planned to be built right in front of COD? So, the land right in front will be reclaimed further? That project must be nice then with unblocked view, right? No?
@Investor
yup, reclaim land right infront. u can double confirm with the authority before investing.
Wah 80% sold. But nowadays bank tighten the loan. Very hard to get approved. Sure many unit will be release out later. I’m interested to buy if 1000 – 1200 psf. anyone ?
you kidding? 1200 psf i rather buy E&O
@Investor
If it is 1000 psf, would you buy?
I do like the concept. but if is 1350 psf. I rather consider other project.
@Magd,
You like the concept? What concept are you talking about?
the sales chart is another sales gimmick. Obviously they have to project a high success rate otherwise who would want to buy. correct? im sure all seasoned investors know this trick like the back of their hand. IF its true they have achieved 90% why need to go to KL and overseas? And please, at 1000 psf, i would buy E&O anytime. And the rolls royce, why would i want to pay rental to share the rolls royce with so many others? People have their own cars la. why wanna spend extra to rent a rolls royce for something we do not own? just doesnt make sense to buy the project because of the rolls royce , yachts and stuff.
@cws1
what are the so called fully furnished items that they promise? And i think if it is true that they are providing these so called freebies, then better to have it stipulated in the booking forms
Just found out that the sea view mentioned by the sales person will not be seaview in the future.
This is because the everything in front of city of dreams will be reclaimed up to gurney drive.
Saw this information from Komtar.
Good luck buyers.
Which part of Komtar can see? Is it model or plan for the Seri Tanjung area?
The plot is right next to the STP low cost behind island plaza… so the city of dreams is indeed a waterfront but have mangroves only… i went to the plot and took picture and info… cadangan penyediakan tanah untuk pembangunan…… concept ‘Health.. blah blah..’ mentioned the name ewin zenith… dua bangunan 39 tingkat berserta podium 5/7 tingkat… i have posted the picture in skyscrapercity… and ya it’s fucking china developer surely mouth full of lies… but then again this developer is closely working with Penang government so i don’t he will mess with Penang… this developer is associated with megaprojects in penang roads and tunnel… so it is hard to say this developer is bullshiting whatsoever. they probably targert really rich and genuine buyers…. i see a lot of dumbos in this page talking nonsense without doing their homework and findings plus lacking forum ethics… anyway to those who have paid deposit congrats and nothing to worry… it is not that easy for a fake agent to come and take money… and yeah there is gonna be reclamation later but only for road works and public park adjoining, so there wont be highrises blocking your unit… someone in the page suggested that the plot is somewhere near jazz and tesco… it is incorrect… that is the plot for tamarind and initial works are being carried out now… full of lorries and trucks in the area now breaking the roads…
This project is way overpriced. Smart investors won’t buy, might as well go for Andaman 18 East by E&O for that price.
1200psf for 155 units/acre!!! Such a high density, it’s just like E&O’s tamarind, and the tamarind is almost half o that price!
if i pay 1200psf, i would go for quayside, that is so much more pleasant to live in..
there is no reason i should buy a “tamarind” at the price of a “quayside”
Goppal you are right…city of dreams is facing the mangroves instead of the sea…just search on google earth and you can see it clearly…
Interesting read on Ewein bags for the 2nd biggest project.
But as a reader what made me disgusted is how Ewein (Dato Ewe) is riding on E&O and Seri Tanjung Pinang name and at the same time bashing and criticizing E&O.
Did Ewein forget is that;
1. E&O will have to reclaim the land for state government.
2. State government will then give part of the land to EWEIN.
Without E&O reclaiming the land, EWEIN will not even have any land to developed.
Furthermore, the so called view sea view of city of dreams will be affected due to the reclamation just right if the door front of City of Dreams.
Google is your best friend, just search for it on Google map now and you can clearly see is not sea view but mangrove view at the moment and the picture of it with sea view is misleading.
The first 7 floors are car parks, right? Will the mangroves be taller than 7 floors to block any of the unit’s view?
saw the new road being constructed going into the site for COD.. but wait a minute, isnt it that is the land reserved for PORR project?? if yes, what a mess?
have recalled the original sri tanjung development plan… where are those lands reserved for schools or international schools? imagine the future population “created” by all these high dense overbuilds around this once the “best ” living neighborhood of Penang island? anyone knows?
Yes, in front of City of dream is a mangrove swamp. We never say it is a directly seafront. the picture are for illustration only. We never promise the building will be as shown in the pictures. To manage your expectation, the lobby design and the bowling track also not like the picture you see in the website. those pictures are for REFERENCE only. we took those pictures online from other sources and just to illustrate, because that time we still haven’t have our own design picture to show people. the Bentley and the yatch may not be like the picture you see here. for specifications, please refer back to the sales and purchase agreement. Items not stated in the Sales and Purchase Agreement are not guaranteed. Thank you for supporting City of Dream. If you haven’t bought one, please visit our Zeon Property office next to starbucks automall.
At the same time, please do not worry that City of Dream will sink because of soft land as rumour say. We have done property study before starting this project and we will do property foundation work to ensure the project is safe to occupy and will not sink. City of dream will be safe to buy and it is a good location. The density is lower than E&O tamarind project which is 160 units per acre, City of dream is 155 units per acre only. Our selling price is starting from 1100 psf, still cheaper than E&O’s project selling at 1800psf.
@COD
When you compare density to per acre you use Tamarind……much lower by 5 units per acre only…….when it comes to pricing you use Andaman instead….lol first time I see people make comparison like that
tamarind is from rm600psft and Andaman is from rm1300psft during launch…..joker lar you…don’t simply tembak if you don’t know stuff
Stay away from this project. An elevated highway WILL BE BUILT in front of the project!
I saw their booth in Gurney Plaza on Saturday which they paraded the Rolls Royce. Upon closer inspection there was a banner stating that purchasers are eligible for a lucky draw which they stand to win A Supercar. I was just asking myself, behind all that glamour, is it all that rosy for the developer if they have to make offers of this extent to entice buyers? Obviously no because i never saw IJM or E&O make such offers in an effort to market their products. In fact I can only recall that people queue up to buy their properties and even employ banglas to queue for them the night prior to launch! People were begging to buy from IJM and E&O. Here we have a case of the developer begging the public to buy! Res ipsa loquitor! the facts speak for themselves !
@Wayne Rooney
Same goes for Marinox and Tamarind, there will be a highway running in front of it. Marinox will be worse than Tamarind as the footprint of it goes along with the highway while at Tamarind, you still have some units located more than a block’s distance from the highway.
@COD
So my friend, what you are saying is the brochure means nothing? Behind all the fantastic artist impressions you’re now telling us that the building and facilities will not be as advertised right? It will be something totally different. Thank you for clarification. Public, please take note.
@Alhamdulilah
In every and any way I look at this project, it spells a big AH BENG.
It’s typical cinapek ah beng characters of self-centeredness and ego.
If you have some spare time, check out their sales office at Jelutong Karpal Singh Drive. You’ll get to see little ah bengs from some kampungs sitting around dressed in Versace sipping champagne. What a sight!!
@Alhamdulilah
Buyers q up to buy properties is history. What is happening now is developers are pushing hard in every property fairs… including E&O.
@arigato
Seriously?????? hahahaha
whats happening here?
Eh has this project sunk? why no news on it?
What news you want? Piling ah? Not so soon lah, developer no money, waiting for APDL permit, otherwise cannot sign S&P, got no money to start piling.
Yes, going to when the Tsunami strikes.
Their RR has been damaged by Mahsing group at Aman Sentral hahaha
Got rolls royce and super cars wor. Seems very quiet leh. Summore the developer signed MOU to buy 2.8 bilion worth of land from Zenith-BUCG lately. Got no confidence meh? Wellness resort coming up why no body buying?
@IL0veRosMah
What do you mean bro?
@skru
Heard APDL got d. but why no news and nothing yet?
Please check google map.
If front of City Of Dreams there is no sea view at all. It is a swamp and they are charging RM1500 psf now.
This whole project is a joke. The developer knows nothing about building good condos. The sales agent is a big “ah beng”, only have access to “little beng” investor wannabes. By the way, there is a flaw in the building design, water seepage will be a big issue.
@Player
Well, there’s a few things you might want to be clear about. In Penang, you can’t sell RM1500psf on seaview alone. A seaview is nice, but really not that big a deal. Does this project have seaview, I think so. Is it worth RM1500psf? I don’t think so. Is the developer struggling to sell? Yes. In fact, after discount, you’re looking at only ~RM1200psf, but still a tough sell for the developer and the “exclusive” agent. My suggestion to Ewein, fire your sales agent.
One of my friend said Oriental Seafood at Gurney area will be reclaimed out hundred over meters and the reclamation will also cover the front part of city of dreams and Ewein also just announced they will buy up the 50 over acres of land in front of COD for redevelopment.
Means no more sea view and yacht as described by the agents…Oh no…
@Player
You don’t have to be right on the beach to have a sea view.
(1)this Chinaman think that by placing a Rolls Royce at the Condo, He can sell at exorbitant throat-cutting price. Why not buying SP Setia, E&O, IJM if you can afford luxury condo.
(2)Instead of donating money to Chinese School to have his wife name immortalised in their building/hall, this cheapskate man put his wife name at the condo tower. Why let him do that?
It is your money that builds that condo, another tower, put his daughter’s name.
(3) He said the 2 towers will shine like a Diamond with the glass panes, etc
OMG, the surrounding condo residents will be blinded with the sun glares from this Diamond
(4) Yet, despite all these, I believe many will still buying. Penang Island is really special.
A play ground for the rich & famous.
@Janet
Ewein is still struggling with the sales. Yes, you do have people buying, but based on the lack amount of interest, those who bought and think of flipping will have a very hard time. Yes, Ewein is still announcing they are buying more land and building more, but that’s just a psycho tactic of telling everyone that “this project is so hot and doing so well that they are going to build more”. In fact, it is doing very badly.
haha….I almost vomit my breakfast when I read about this chinaman use his wife and daughter’s name on the 2 condo towers, this is really funny and un-professional.
I can’t wait to see if this project fails miserably and the two names on the tower, how does that feel ?
LOL
@Janet
Can i have the link where he named the towers? By the way this is a sign of how egoistical the owner is
@what_when
can i have the link ?
@Amithaba
You can read the news in the Edge Weekly. Last few weeks I think.
Thanks Flow.
I found the link. hahahaha
http://www.theedgeproperty.com.my/tags/city-dreams
Only idiots will buy at this price. So far only 50% sold since they market Long time ago. Not to mention in the future no more sea view, another block coming up in front of it soon.
@Jokers
50% sales is not bad wor. I didnt think they managed to achieve such high sales cos of market conditions
Can anyone share the latest development of this project? Thanks.
Looks like nothing is moving at site. Sales might not have achieved break even point yet.
Whoever in charge of CoD, please expedite. Thanks.
When the project on the land next to Tamarind going to launch? How much per sq ft? Anyone has any info, please update. Thanks.
Passed by the site recently a few times. No work being carried out. Guess sales havent reached breakeven point
@Cheese Bun
Are you referring to the land next to Tamarind or the original CoD land nearer to Gurney Drive?
@Rich
original COD land
http://m.themalaymailonline.com/malaysia/article/penang-board-chides-council-for-appealing-against-condo-project-orders-it-t#sthash.muy8Vch1.dpuf
Cronism??
No wonder Malacca guy want to come to Penang cari makan here….manyak untung
@COD
I like to know in future if there is any development in front of the 2 blocks.Is EWEIN planning to build service apartments like retirement, medical etc?How high are these apartments?
I saw these plans in their wellness city of dreams page.
@Andy
Hi COD, please share with us the future development plans in front of the 2 blocks.
As mentioned, is EWEIN going to build wellness service apartment there?
I plan to buy 2 units of this project.If anyone is interested,please leave me your contact or email address.Only genuine buyers..
@Player
Is this project good to invest?
Hi question i would like to pose is, why is Ewein taking so long to build the 3 highways as part of the deal for them to reclaim the 50 acres?
Eh so quiet here?
Oh this may be the answer ‘
http://www.theedgeproperty.com.my/my/content/826704/has-ewein%E2%80%99s-rm800m-city-dreams-hit-snag
CIty of Dreams is now City of Nightmare kot
@Lovely Lace
It seems it is still stuck. The court case could drag on for years.
@gupta
court case? what court case??? please enlighten
@Charlie
You can refer to the web link provided by Lovely Lace in comment #168, as well as the one below
themalaymailonline.com/malaysia/article/penang-board-chides-council-for-appealing-against-condo-project-orders-it-t
@gupta
Thanks Gupta. It appears that there is objection from the adjacent and surrounding residents against the project. It is most likely relating to density and traffic issues. Hmmm. Overall density might be reduced it seems
@Charlie
My information tells me that this project will not be moving forward at all in the near future.
It is very unethical of the developer and agent to keep marketing this project right now, with an encumbrance still hanging.
@gupta
Iv just got some news that this project will not be moving at least for another 6 to 8 months or so as the appeals board is going to re-hear the matter all over again. This is the minimum period i was given to understand that the appeals board will take to resolve the matter. It could well be into more than a year. If ewein is unsuccessful it would mean that a reduction in density will be ordered. Would advice people to stay away from this project as the outcome is still uncertain. You could be paying for a unit thats NOT going to be existent after the hearing!
OMG, i just realize that their Facebook City Of Dream page also dissapears. Anyone know what had happen to this project.
@OMG
What the f***
Even their website(im not going to post here) is now a dodgy adult site already.
It is game over for this project.
@JiewJiew
Is this project game over? Thought construction has began…
It looks fine http://www.eweinzenith.com/
Didn’t Ewein just donated 1 million to Tabung Harapan Malaysia a couple of days ago?
This project is genuine la. Construction already going on.
Please email me for latest site pictures.
https://www.google.com.my/maps/place/City+of+Dreams,+Penang/@5.4453302,100.3094101,384m/data=!3m1!1e3!4m5!3m4!1s0x0:0x263f83be03ff00b1!8m2!3d5.4458819!4d100.3100359?hl=en
Penang property took forever to complete…..
There is a “nicky” scammer cluster building up at this place, already under investigation by the authorities, be careful.
@COD
i am a property agent any units at abt 1.2mi; how many car parks