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ALTUS | SOHO

January 27th, 2014 Leave a comment

ALTUS, a 31-storey high-rise commercial development by Airmas Group along Jalan Jelutong in Penang. This project comprises 11 units 2-storey shop-lots  and 196 SOHO units with common facilities. SOHO unit size ranging from 900 sq.ft. to 1,400 sq.ft.

Property Name: Altus
Location :
 Jelutong, Penang
Property Type : Commercial development
Built-up Area: 900 sq.ft. – 1,400 sq.ft. (SOHO)
Land Tenure : Freehold
Developer : Airmas Group

Categories: Jelutong Tags:
  1. Lim
    January 27th, 2014 at 10:34 | #1

    Any one know how much and where is the actual location?

  2. Joke
    January 27th, 2014 at 11:43 | #2

    Penang market property going collapse soon.. Over& Over supply..

  3. Kangkung
    January 27th, 2014 at 12:26 | #3

    You are a world renowned economist? You must be to make that statemement…@Joke

  4. El Lobo
    January 27th, 2014 at 12:29 | #4

    “Over & over supply” ? Can you qualify it with educated data?

  5. Joke
    January 27th, 2014 at 12:34 | #5

    @El Lobo
    Pls get your parent to educated u. Thanks.

  6. PP
    January 27th, 2014 at 13:33 | #6

    there r some signs of pocket of bubbles.

    But over supply, specifically what type of properties and areas?
    New launch only or include subsales?

    this can help the discussion more meaningful.

  7. Rich Man
    January 27th, 2014 at 13:52 | #7

    Price hike is pushed by sentiments… now, no more sentiment, si liao.

  8. El Lobo
    January 27th, 2014 at 13:58 | #8

    Perhaps you should take classes in English. Very bad man….sad but true….you must be from Island@Joke

  9. Rich Man
    January 27th, 2014 at 14:33 | #9

    Rich Man :
    Price hike is pushed by sentiments… now, no more sentiment, si liao.

    There has never been any real demand for properties above 400K. Once the sentiment is gone, it’s gone. It will take many years to heat up again.

    Now the only chance is the foreigners… but then they also follow the trend, maybe faster than us.

  10. TKT
    January 27th, 2014 at 16:55 | #10

    Lunching at this coming Saturday… at G-Hotel…. :)

  11. Marcus Ching
    January 28th, 2014 at 06:36 | #11

    TKT :
    Lunching at this coming Saturday… at G-Hotel….

    Wah lunching……I want to eat too…ha ha ha

  12. Ah Dog
    January 28th, 2014 at 07:34 | #12

    Straits Garden already selling so hard, pushing the sale for more than a year! Now, this one just stone throw distance along Jln Jelutong, with price up again, do we really have so many rich guys out there to park their money there? Yes, I think it will sold out, as Penang really has a lot of rich guys but for sure, Penang has far no enough population or expats to occupy those space!

  13. Na Keat
    January 28th, 2014 at 09:08 | #13

    this is the poor one.

  14. GongKia
    January 28th, 2014 at 13:19 | #14

    Well, 196 SoHo units, that’s not that many. All the developer has to do is to get ~60 GongKias to buy for the break even point. Doesn’t sound that hard right?….:)

  15. jackpg
    January 29th, 2014 at 07:44 | #15

    Nice design lo.. You have multi-storey carpark stack on top of the 2 storey shoplots and SOHO stacks on top of the car-park. Somewhere in-between you can split levels of facility… So unique, sure can sell one, just put a rm700psqft price tag and people will line up the day before it opens for sale… Developer Boleh!!

  16. Ben
    January 29th, 2014 at 23:56 | #16

    I really struggle to decide the buying. RM550/ft2 is cheap. But see all remark is scaring me lo.

  17. Ah Dog
    January 30th, 2014 at 15:00 | #17

    if this one is scary, then see those ivory properties like the wave, city residence, the central, tropicana bay residence, all above RM1000psf. as long as the developer can hold long enough, they can slowly push the sale even after O.C or after few years O.C. like Hillcrest Residence.

  18. Ah Dog
    January 31st, 2014 at 10:32 | #18

    Gong Xi Fa Cai! Will be going to CNY property fairs; including MAPEX, Qeensbay, Gurney Plaza and few open houses by some developers like GSD, Airmas, Tai Hwa, Ma Shing, SP Setia! Go see some shows, grab some freebees, foods and drinks, and see how high the price ever goes up!

  19. Ah jack
    February 3rd, 2014 at 20:44 | #19

    Dont know why now so many developers pushing their development to Jelutong area…i.e. Aspen, H2O, D’Mansion, Grace Residence, Urban Suit, etc?

    jelutong is not a high premium place like near to gelugor (sorry to offend to the Jelutong kia, even though i am jelutong boy as well), but the development seems like to be getting hot in jelutong.

    I went to the G Hotel, and AirMas offer 10% discount for the 1300 and 1400sf unit, with average of 600psf. would this be attractive for this kind of price psf?

  20. Ah jack
    February 3rd, 2014 at 20:50 | #20

    That means if we can get 90% loan, means for not paying anything until the first release of payment from banker…waive S&P and Loan legal fees…

    But not waive of MOT… anyone know how much is the MOT? or how to calculate?

  21. Ah jack
    February 3rd, 2014 at 20:54 | #21

    Lim :Any one know how much and where is the actual location?

    It is just across of the Petron… opposite of Pek Ee Tong temple. According to the sales agent at G Hotel, and i saw it, the area had been barricaded.

  22. yukidog
    February 4th, 2014 at 21:49 | #22

    Whats MOT ?
    So whats the final price ?

  23. bbola
    February 5th, 2014 at 17:54 | #23

    Is anyone know thats a water pump?
    Thats might be a smelly place is future even now such like some of the projects that near by stone bay.
    I’m actually gonna pay booking fee when i was at G Hotel but than lucky one of the guy told me all these true…

  24. Dell
    February 10th, 2014 at 23:01 | #24

    I buy one lo. Cheap and good.

  25. Intel
    February 11th, 2014 at 08:26 | #25

    Dell :I buy one lo. Cheap and good.

    u must be getting Dell retrenchment package by now and commercial title utilities bill are 30% higher than residential which is consider high now. Cheap and good ur nut.

  26. girl90811
    February 11th, 2014 at 09:48 | #26

    There’s was a water pump beside the condo.It is smelly and I not really like the place and environment. I prefer a clean and fresh environment for my stay place.

  27. girl 90811
    February 11th, 2014 at 09:55 | #27

    I found out Jelutong got a new condo that named as Urban Suit. There was more than 50 facilities at the condo and it located at Jelutong new highway. It is strategic location. You can easily access to town area by turn left and Queensbay mall by turn right. I prefer this because it look more convenience.

  28. bbola
    February 11th, 2014 at 09:59 | #28

    @girl 90811
    ya.Agree what as u said.I also bough a unit there. Right turn to QB left turn to Town area. It’s a strategic location. Easy for me to go anywhere.

  29. acro
    February 11th, 2014 at 10:01 | #29

    @girl 90811
    but u prefer clean and fresh environment…. Urban Suite does not meet ur requirement too as it is located near to busy highway….

  30. Heaven
    February 11th, 2014 at 10:41 | #30

    @girl 90811

    Urban Suit ah, got 50 facilities ah! Wah, what can the 50 facilities be? Common toilet also considered as one of the facilities is it? ….:) Even that, I cannot imagine 50! Maybe they have “special” facility like “body massage service”….;)

  31. Heaven
    February 11th, 2014 at 10:46 | #31

    @girl 90811

    If you want quiet, clean, fresh, convenient, I think be prepared to fork out RM1000/sqft on the island.

    However, batu kawan could be a good choice if you refuse to pay RM1000/sqft. But recent developments have got a lot of people concerned, as there is news that the Butterworth Air Force base will be relocated to Batu Kawan….:)

  32. Chocolate
    February 11th, 2014 at 10:57 | #32

    Heaven :
    @girl 90811
    If you want quiet, clean, fresh, convenient, I think be prepared to fork out RM1000/sqft on the island.
    However, batu kawan could be a good choice if you refuse to pay RM1000/sqft. But recent developments have got a lot of people concerned, as there is news that the Butterworth Air Force base will be relocated to Batu Kawan….:)

    Sure boh? That is very very sad la if gov relocate the AF base to BK. Why not further down south since they already pick BK as a next exciting city?

  33. Heaven
    February 11th, 2014 at 16:24 | #33

    @Chocolate

    Can see jet planes fly here fly there, not exciting meh?….:)

  34. Chocolate
    February 11th, 2014 at 17:39 | #34

    Heaven :
    @Chocolate
    Can see jet planes fly here fly there, not exciting meh?….:)

    Hahaha..so price in BK up or down now?

  35. bbola
    February 12th, 2014 at 10:07 | #35

    @acro
    As what i knew which is even therre’s a high way but it might not be so noisy. It’s not actually near to the high way eventhought it just right beside the highway.
    Do u actually know where’s the location?

  36. acro
    February 12th, 2014 at 11:15 | #36

    @bbola

    I just refer to the map given in the urban suite thread. For me it is quite close. But u may be right that it is not so noisy.

  37. Ah jack
    February 12th, 2014 at 14:03 | #37

    acro :@bbola
    I just refer to the map given in the urban suite thread. For me it is quite close. But u may be right that it is not so noisy.

    I was told urban not yet get the approval from gov yet and the due to this 50 facilities, the maintenance is 35-40 cent/sf. The price looks good and cheap but comes w/o car park. One car park cost add RM37k.

  38. Ah jack
    February 12th, 2014 at 15:50 | #38

    Urban Suite,…. 5 years for construction.

  39. investor
    February 16th, 2014 at 20:41 | #39

    How is this project investment potential as compared to Urban Suite ? Please share

  40. bbola
    February 18th, 2014 at 10:18 | #40

    @investor
    Urban Suite of course is much more better la, more than 50 types of facilities, strategic location and pricing sound good.But do u guys know near by Altus Project that’s a India water big pump room and Smelly Dirty Storage there…no need to imagine how’s the smell. after the project completed u guys will know what to happen.

  41. bbola
    February 18th, 2014 at 11:45 | #41

    196 units in this project?
    Sure or not?

  42. Bbola
    February 21st, 2014 at 08:52 | #42

    Today news paper also talk about this project ? Wau…
    Sewage plant , treatment plant !
    Residential occupied complaint about itchiness , filthy and smelly .
    Wooh! I think it’s true !!!
    News paper won’t bluff people eh. And also more 1000+- units there.!
    All this true !!!

  43. IWK
    February 21st, 2014 at 09:44 | #43

    @Bbola,

    Yes, Urban Suites will surely be affected by this IWK “perfume”. It sits almost next to it, can have IWK “view”sommo!!

  44. bbola
    February 25th, 2014 at 14:03 | #44

    @IWK
    Hei, u r bluffer !
    I went to the site and have a look there, IWK perfume is most near to other project la…waste my time to go and view.
    Next time go and check first before comment!!!

  45. IWK
    February 25th, 2014 at 14:20 | #45

    You can’t see it yet at the moment from the site, because you haven’t gone high enough. Once you go up 4th floor onwards, the “view” and the “perfume” will start to unfold itself…..:)

  46. tyson
    March 3rd, 2014 at 17:08 | #46

    What is the price range???

  47. Yukina
    March 16th, 2014 at 12:22 | #47

    Anyone updates the Price here ?
    Lowest price how much?

  48. Allice
    May 7th, 2014 at 09:45 | #48

    hear that 900 sq.ft. and 1300 sq.ft sold out, just left 1,400 sq.ft.

  49. tang chin shi
    June 3rd, 2014 at 18:14 | #49

    the water pump located at east?west?south?or north????

  50. Ah Jack
    June 15th, 2014 at 13:23 | #50

    Already srtart gound clearing

  51. Gold
    September 3rd, 2014 at 17:37 | #51

    is it open for launch dy?

  52. house
    October 5th, 2014 at 16:33 | #52

    it launch since feb

  53. vin8282
    vin8282
    January 3rd, 2015 at 17:12 | #53

    Hi, any idea for this project … is good project ??

  54. Boooo
    November 16th, 2016 at 09:09 | #54

    how much is the 1400sqft unit selling ?
    any 900sf left?

  55. Jel
    February 15th, 2017 at 14:44 | #55

    Looks like this project scrapped no more in the website

  56. Tx
    February 15th, 2017 at 15:27 | #56

    @Jel

    I tot they have revised this project to Artis 3?
    Correct me if i am wrong

  57. City
    June 7th, 2017 at 15:00 | #57

    That’s correct. The construction very fast now

  58. chan
    February 27th, 2018 at 23:14 | #58

    update me..the project still available or changed to Artis 3??

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