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The Tamarind

December 2nd, 2014 Leave a comment 中文版

The Tamarind, a freehold executive apartments by E&O Property at Seri Tanjung Pinang, Penang. Located along Jalan Seri Tanjung Pinang 1, within walking distance to Straits Quay and Tesco. It is also well connected by strategic access roads to many amenities including schools, medical centres and shopping malls.

This development comprises two 33-storey towers of service apartments.

Project Name: The Tamarind
Location : Seri Tanjung Pinang, Penang
Property Type : Executive Apartments
Tenure : Freehold
Total Units: 1,104 (To be confirmed)
Built-up Area: 1,042 sq.ft. onwards
Indicative Price: RM 600,000 onwards
Developer : E&O Property Development
Estimated Completion : 2019

Location Map:

 

Contributed by reader (Update 18/07/15)

Categories: Tanjung Tokong Tags:
  1. Han
    June 21st, 2018 at 06:34 | #1

    @catwoman
    Not much a concern to me rather than time loss due to heavy traffic jam.

  2. Fei Mao
    June 21st, 2018 at 07:19 | #2

    That’s why need LRT.

  3. Money
    June 21st, 2018 at 10:50 | #3

    @catwoman
    I guess you have not stayed in high rise building next to highway before. Usually the noise can be cancelled or greatly reduce when windows is shut. However, some honks and modified motorcycle race down the highway at night may still be heard. But it is not unbearable. Nowadays, people will turn on air-cond and usually will the windows shut most of the time and air-cond is on. Don’t worry, I had been stayting high up next to highway and more than 15 years and the noise is ok to me. However, you are right with the dust. My advice is installed HEPA dust filter at home, in most part of Penang you need one anyway as all developed area is filled with dust

  4. Honey
    June 21st, 2018 at 14:13 | #4

    @Money

    It will be such a pity if the windows and doors have to be shut all the time. This area is very breezy, and I really enjoy the morning breeze and sunshine with all windows and doors opened staying in Marinox currently. I guess Marinox will be affected by the traffic noise soon.

  5. Mike
    June 21st, 2018 at 18:52 | #5

    I see more pro than con having LRT, Monorails, Expressway than not having any.

  6. filterfren
    July 13th, 2018 at 20:26 | #6

    What are the chances of getting the keys on CNY 2019?

  7. Phan
    July 17th, 2018 at 16:19 | #7

    @filterfren
    Need to wait so long?

  8. jjay
    July 19th, 2018 at 12:51 | #8

    The New York City Council voted unanimously on Wednesday to significantly restrict Airbnb and other online home rental services, joining a growing movement of cities around the globe in stepping up regulation of the so-called sharing economy.

    The bill aims to prevent landlords and tenants from illegally renting out apartments for a few days at a time to tourists, a phenomenon that the city says has aggravated the housing crisis by making short-term rentals more profitable than long-term leases……………..

    Read more at :-

    https://www.nytimes.com/2018/07/18/nyregion/new-york-city-airbnb-crackdown.html

  9. KEITH LOW
    July 27th, 2018 at 16:08 | #9

    Please contact me as i need to buy Tamarind apartment.

  10. Melvin
    July 27th, 2018 at 20:02 | #10

    @KEITH LOW

    Is tamarind that good?

  11. Adrian
    July 28th, 2018 at 22:32 | #11

    Hi, I’m a serious buyer for own stay. Please pm me via email: aunthiam@gmail.com

  12. filterfren
    August 16th, 2018 at 21:40 | #12

    Hi all,
    Eveyone talks about the good reputation of the developer in this forum. But not a single person has realized something very crucially missing in their units. You want to know what it is? Here it goes: The ceiling height of each unit is ONLY 8′ 8″. This would make the unit look much smaller than anticipated when you get your keys. I am of the opinion that this shortchange was done at the expense of trying to squeeze in as many units as possible for sale. The lower the ceiling height, the higher the number of units for sale, at a 33 floor maximum height. On top of this, everyone paid at least a 100k extra from the market price prevailing at that time.

  13. filterfren
    September 2nd, 2018 at 06:25 | #13

    Wonder if keys would be handed over during CNY 2019.

  14. Adriel
    October 8th, 2018 at 15:01 | #14

    Looking to sell 1047 unit at Tower 1 lvl 27. Pm me if serious buyer. Tks. adriel_pang@hotmail.com

  15. Adriel
    October 8th, 2018 at 15:02 | #15

    1047sft

  16. Hongd
    October 9th, 2018 at 15:42 | #16

    I’m looking for 700k unit with 2cp. Serious buyer

  17. Tan
    October 10th, 2018 at 10:59 | #17

    For Sale 1047sf, at Tower A, 2 c/p Sale 850k , looking serious Buyer

  18. Michellin
    October 10th, 2018 at 17:27 | #18

    Hi tan,

    What is the floor and view? Sea view or partial or pool view?

  19. john
    October 10th, 2018 at 22:13 | #19

    unit for sale, 1047sqft, very high floor, partial seaview, tower a,
    facing jazz hotel, 950k.

  20. filterfren
    October 11th, 2018 at 00:35 | #20

    @Hongd I’m looking for 700k unit with 2cp. Serious buyer

    Hongd

    The price you want for a 2 car park is below the minimum purchase price of the ‘lauziest’ unit at Tower A. So ‘Good Luck’ trying to get 700k for 2 car parks! There is no need for you to be a serious buyer.

  21. Regie
    October 11th, 2018 at 11:19 | #21

    Urgent sale. 1047ft, high floor, tower a, 930k.

  22. itam
    October 11th, 2018 at 11:54 | #22

    @john

    @Regie
    You think money is printed or fall down from the sky? So, highly densed 1104 units in total for 1047sqft trying to sell at nearly a million? You must be dreaming still….with that price, I can look for lower densed condo nearer to the middle or south of Penang. Pls. dun “tim” ppl with different remarks from the same person lar…

  23. hardon
    October 11th, 2018 at 14:09 | #23

    @itam

    Haha….you have every reason to be pissed with these fellas, who bought these units from developer maybe at around 800k +/- depending on unit location and floor. I bought mine around 25th +/- floor tower A at 800k+ unit #8 size 1047sf (Type C). I’m not worried about the density as Quayside has more than 1000 units in there too. The price is definitely on the high side for Tamarind based on today’s market and sentiment. Those who bought for long term investment are ok, while short term speculators will surely find it hard to flip. Finally, don’t compare properties in this area with those in mid-south area. It makes you look like an idiot. In the real world, there’s the wealthy, and there’s the working class. Same goes for residential area, you need to build to cater to different markets, and when it comes to properties, location is the determinant.

  24. tang
    October 11th, 2018 at 17:15 | #24

    what is the rental price shall we as the Owner of The Tamarind expected? can i get 2800-3000 / month if I furnished up my unit 1047sf ? any advise? appreciated.

  25. im drug free
    October 11th, 2018 at 17:31 | #25

    hardon :
    @itam
    Haha….you have every reason to be pissed with these fellas, who bought these units from developer maybe at around 800k +/- depending on unit location and floor. I bought mine around 25th +/- floor tower A at 800k+ unit #8 size 1047sf (Type C). I’m not worried about the density as Quayside has more than 1000 units in there too. The price is definitely on the high side for Tamarind based on today’s market and sentiment. Those who bought for long term investment are ok, while short term speculators will surely find it hard to flip. Finally, don’t compare properties in this area with those in mid-south area. It makes you look like an idiot. In the real world, there’s the wealthy, and there’s the working class. Same goes for residential area, you need to build to cater to different markets, and when it comes to properties, location is the determinant.

    hey mate, I’m sorry to say that, are you really high on weed? You are not worried about the density of course because your building is Commercial Title. It is going to be Jazz hotel 2, having many hotel operators renting hectic sum of your building in about 300-400 units to form a mini hotel in within tamarind. probably that’s the high side for commercial and you’ll be staying with different tenant or occupant daily if you were to stay there. for me, i would sell away asap. and then again these rich people will complain, form committee and a sign of protest to anti-homestay and etc. stop dreaming. it’s a service apartment and the residence have got the rights to do so. i cna’t believe you compare quayside and tamarind making you look like an idiot. peopel stays in quayside and atleast it is residential. E&O sells quayside at Rm1000 psf and tamarind at rm700 sqft. just another cheaper product with the tag of E&O with mega high density in a building of 7acre land. In the real world, there are wealthy and there is the working class, you are right. but next to you is another giant affordable house that consist 2.5k units which you will share the same access in and out.

  26. Pikachu
    October 12th, 2018 at 01:19 | #26

    @im drug free
    Are you sure you are drug free and not on extra weeed? Tamarind is commercial title but under the HDA and JMB can ban homestay. You can check a lot of condo around Penang with commercial title but homestay is totally banned due to JMB. Do some research before commenting, dude!

  27. im drug free
    October 12th, 2018 at 11:49 | #27

    Pikachu :
    @im drug free
    Are you sure you are drug free and not on extra weeed? Tamarind is commercial title but under the HDA and JMB can ban homestay. You can check a lot of condo around Penang with commercial title but homestay is totally banned due to JMB. Do some research before commenting, dude!

    Are you trying to be funny? Commercial means Commercial. In another words, Komersial. Means you have free rights to exercise any commercial activities and you may also contact developer office and get a confirmation with Black and White that homestay and hotel is not allowed. Please go get your facts rights mate. You will get the answer “er.. that one you have to refer to management in the future” why is it to hard? because they are selling the concept by air BNB as well.

  28. Pikachu
    October 12th, 2018 at 15:42 | #28

    @im drug free
    FYI, I have verify with E&O and they confirm homestay are not allowed under HDA. Commercial does not automatically qualified it to allow homestay, you can check on other properties with commercial title around penang and a lot of the JMB/management do not allow homestay at all. Please do some homework before blasting or you are just another dude either high on drug or jealous cause you cannot afford to buy there or miss the boat.

  29. phang
    October 12th, 2018 at 17:12 | #29

    Any details mentioned in S&P prohibiting of homestay.

  30. Pikachu
    October 12th, 2018 at 19:06 | #30

    @phang
    Phang, it is a commercial title but not as SOHO, SOVO or SOFO and only valid as residential. It was covered in dmc

  31. jazz
    October 12th, 2018 at 20:24 | #31

    Pikachu :
    @im drug free
    Are you sure you are drug free and not on extra weeed? Tamarind is commercial title but under the HDA and JMB can ban homestay. You can check a lot of condo around Penang with commercial title but homestay is totally banned due to JMB. Do some research before commenting, dude!

    I am not vested but this i know – Tamarind is commercial title but since under HDA, it then falls under the provisions of HDA. Homestay or not will NOT be covered in SPA – usually its under house rules..and yes, in Tamarind case, as its commercial title but for residential use, JMB has the power with the endorsement of owners in an AGM to ban homestay or airbnb.

  32. Vicky
    October 14th, 2018 at 08:50 | #33

    jazz :

    Pikachu :
    @im drug free
    Are you sure you are drug free and not on extra weeed? Tamarind is commercial title but under the HDA and JMB can ban homestay. You can check a lot of condo around Penang with commercial title but homestay is totally banned due to JMB. Do some research before commenting, dude!

    I am not vested but this i know – Tamarind is commercial title but since under HDA, it then falls under the provisions of HDA. Homestay or not will NOT be covered in SPA – usually its under house rules..and yes, in Tamarind case, as its commercial title but for residential use, JMB has the power with the endorsement of owners in an AGM to ban homestay or airbnb.

    there is a loop hole, if majority of the residence put sign petition to agree for Home Stay or AirBnb, it will still be allowed because it is still under commercial title.

    I have seen it happened.

  33. Vicky
    October 14th, 2018 at 08:51 | #34

    Oh ya, I heard that there is already a group of 300+ units agreed to be Home Stay.

  34. Pikachu
    October 14th, 2018 at 10:52 | #35

    @Vicky
    Vicky, don’t bullshit here. It was covered in DMC that homestay are not allowed. Even the first 1 year under developer’s management, the homestay is not allowed cause it is covered in DMC

  35. filterfren
    October 15th, 2018 at 03:32 | #36

    I am assuming less than a 100 units out of the 1104 units would want to do homestay.

  36. baby Jasmine
    October 15th, 2018 at 10:31 | #37

    @Vicky
    Hi Jasmine, you have seen it happen in Penang or any part of Malaysia? Can you show us which condo or development is that? Please show us some proof ? We are dying to know :)

  37. im drug free
    October 15th, 2018 at 15:49 | #38

    baby Jasmine :
    @Vicky
    Hi Jasmine, you have seen it happen in Penang or any part of Malaysia? Can you show us which condo or development is that? Please show us some proof ? We are dying to know

    well , if you have seen ArteS, its happening because its a commercial and it was taken by T+ Hotel to Manage the building.
    Theres a link for your reference for Agoda. https://www.agoda.com/arte-s-by-t-hotel_2/hotel/penang-my.html?device=c&network=g&adid=196615783662&rand=5795364582194375302&expid=&adpos=1t1&site_id=1622864&tag=ee50886b-c75a-4600-9bb8-90080fb17bae&url=https://www.agoda.com/arte-s-by-t-hotel_2/hotel/penang-my.html&gclid=Cj0KCQjw9ZDeBRD9ARIsAMbAmoZTCVKHN1o5q5LY8pM8YNJss9hv7p7RnROVQQEqFNE928zJKazon2YaAgEPEALw_wcB

    you may take a look. this is happening as 400 units to be managed by T+ Hotel for ArteS that cause the price has been stagnant and reducing.

  38. chipi
    October 15th, 2018 at 16:08 | #39

    I belong to the group who is against AirBnB. I watch in puzzle why the property buyers have to fight amongst themselves to decide FINALLY whether AirBnB is allowed in the respective condos. The buyers should and have the rights to know from the moment they sign the S&P whether AirBnB or not! They fault goes to the authority, which is not making the policy crispy clear. The state authority should come out with precise guideline on this, so that there will be no uncertainty for buyers! Isn’t that the purpose for the existence of gov?????

  39. im drug free
    October 15th, 2018 at 18:53 | #40

    chipi :
    I belong to the group who is against AirBnB. I watch in puzzle why the property buyers have to fight amongst themselves to decide FINALLY whether AirBnB is allowed in the respective condos. The buyers should and have the rights to know from the moment they sign the S&P whether AirBnB or not! They fault goes to the authority, which is not making the policy crispy clear. The state authority should come out with precise guideline on this, so that there will be no uncertainty for buyers! Isn’t that the purpose for the existence of gov?????

    it has nothing to do with the authority, the authority doesnt have the rights.

    if you want absolute protection
    Buy residential. if you wanna buy commercial, then take the risk.

    then intention is very clear. if you wanna buy for residential stay, then just buy residential.

    ever wonder why tamarind is commercial instead of residential?
    because commercial title is entitle to built twice the premitted area and doesnt have to build affordable house.

    so bear the consequences

  40. Pikachu
    October 15th, 2018 at 23:26 | #41

    @im drug free

    To begin with, Arte S is a commercial title under SOHO which is totally different with Tamarind which is under residential. In this case, even the JMB of Arte S cannot do anything since it is a SOHO unit. Basically there are no commercial title with residential (Fall under HDA) in Penang that have given a green light in Penang. You are actually comparing the wrong stuff and try to convince people with wrong idea. I wonder what is your intention in this?

  41. Phang
    October 16th, 2018 at 20:59 | #42

    Look at Gurney Park which is of residential title but have a long history of homestay including medical tourist until today. It is still happening even though they won court case. Nothing is guaranteed unless you managed it well.

  42. penanglang
    October 19th, 2018 at 10:55 | #43

    In my understanding from the stuff, there is bulk buyer club bought the tamarind for airbnb purpose. It’s similar to Tropicana 218 Macalister with commercial title where homestay is permitted.

  43. choi
    October 19th, 2018 at 12:13 | #44

    @penanglang

    Don’t worry, our city council is in the process of drawing up strict regulations regarding homestays. As a buyer, if you’re being led to believe that whatever you buy will be homestay or residential, but after which it turns out to be otherwise, keep all the hard evidence. Developers and agents are going to be punished severely.

  44. Sri
    October 19th, 2018 at 13:37 | #45

    Heard that federal will impose new tax on homestay in the new budget. Good luck.

  45. Pikachu
    October 20th, 2018 at 10:37 | #46

    @penanglang
    Like as per explained, even if the bulk buyer club tried to use for airbnb, they are going to fail miserably cause they signed the DMC which do not allowed AirBnb. So those who bought for Airbnb, you can kiss your plan good bye.

  46. Ah Chai
    November 9th, 2018 at 13:27 | #47

    @Vicky

    You need about 70% to 75% of the votes to ban the homestay in the AGM. If most of the owners are investors then you will not get the percentage of votes requirement. I own a unit at Penang Times Square. Very tough fight. For more a few years, the true resident here suffered.

    You can see different people bring luggages in and out. Swimming pool and gym full of strangers everyday. Home operators forcefully removed the homestay ban banners. Shouting at the management, guards and JMB. Within 2 years from the day of key handover, the number of homestay units grew to more than 50 units. When the phase 2 was completed, the homestay operators started to expand to phase 2 (more than 30 units).

    During the AGM , homestay owners tried to get voted into the JMB. They go all out to get proxies for the voting. Once they get the control of the JMB, they will relax the house rules.
    Luckly, the non-homestays won the election.

    The homestay operators fight back by the tribunal court. Case took more than 1 years. Luckly, the Penang Times Square have residential title. Bomba also don’t approved the homestay because of the residential title.

    The residents must be united. Tough road ahead for Tamarind. Good luck

  47. penanglang
    November 9th, 2018 at 14:59 | #48

    @Ah Chai
    It’s ok. As long as there is chances even 0.01%, we try to fight kao kao even for 10 years.

  48. Pikachu
    November 9th, 2018 at 18:00 | #49

    @Ah Chai
    The first year, it is under E&O which is the buyer already sign the DMC where they agree they will not turn this to homestay. Even in the event, it handover to JMB, the property fall under HDA which automatically prohibited homestay (Even it is under commercial title). So the rule of law is on the true resident side, no matter what those pesky greedy Airbnb investor do

  49. Raichu
    November 10th, 2018 at 10:38 | #50

    Very funny, buy Commercial Title building cannot do Commercial activities.

    – Pay Commercial Accessment
    – Pay Commercial Electricity Bill
    – Pay Commercial Maintenance Fees
    – Pay Commercial Water Bill.

    Did everyone here bought a Commercial Property to pay extra just for own stay @ RM700psf?

  50. Ah Chai
    November 10th, 2018 at 16:19 | #51

    @Pikachu
    I have call the E&0 sales office. I asked about using the tamarind for airbnb. I was told that it depend on the JMB. So I guess the first AGM to choose the JMB will be like PKR election.

    Even with the non-homestay group controling the JMB, the security must be good. If they are not good then you can see the homestay guests going in and out without problem.

    Penang Times Square have managed to control the homestay operators. Security are very strict at both phase 1 and 2. No more homestay operators expect some units rented out by the chinese tenant from china. They do bring in a lot of relatives and guests. Once or twice a month. It is ok if they bring in genuine guests. Security are monitoring them. The guests are not allowed to use the gym/internet/sauna/badminton area. Only two guests are allowed per unit. Security guard will monitoring the area thru CCTV. Choose a good security company.

    Not like those homestays time. The homestay operators claimed that they are their relatives and friends. They seem to have relatives from all over the world. Arab, africa, russia, usa, europe. Homestays guests scolded the security guards for stopping them. They even showed the security guard and management office the receipt that they paid for the airbnb. They claimed it is their right to use the facilities since they paid for it. They even said the homestay operators told them they can use the facilities. If the homestay guests found the sauna not working, they will scold the management staffs. They act like they are the owners of the apartment.

    They even scolded some of the resident owners who keep looking at them when they bring a lot of bags into the lifs. True residents will have to wait for them to go up first

  51. Teoh
    November 10th, 2018 at 16:39 | #52

    Thought that the electricity and water bill for Tamarind are residential rate? Can anyone confirm?

  52. Pikachu
    November 10th, 2018 at 19:12 | #53

    @Teoh
    Teoh, residential rate for electricity and water. Confirmed. Only Assessment is under commercial

    @Raichu
    Maintenance fee is only at 0.25 psqft. What you mean by commercial ? Paying extra to stay here? Hello, this is Sri Tanjung, RM700 psqft is consider at the lower side, in fact those unit facing the sea are at RM900 psqft. If you think RM700 psqft is high then this is definitely not for you. Go back to Sungai Ara or Relau or maybe even better, at some development over in mainland. Those should be the place suitable for you.

  53. Ah Chai
    November 10th, 2018 at 22:40 | #54

    @Teoh
    Based on E&0 sales staff, it is still commercial rate. They are trying to applied for residential rate. Don’t know whether successful or not. Call the E&0 Sales office yourself to get the actual info.

  54. Ah Chai
    November 10th, 2018 at 23:04 | #55

    @choi
    I am not surprised that the MBPP which is in the process of drawing up strict regulations regarding lodging (homestays) will allow the lodging (homestay) for commercial title. I heard they may allow around 180 days per year. Just like in other countries.

    Commercial title should have fire sprinkler system along the common corridor of the units. Commercial title are lodging (homestay) ready.

    For residential title, there is no fire sprinkler system along the common corridor of the units. There are fire sprinkler at the car park only. This is why Bomba don’t approved residential title for Lodging (homestay) use. To get BOMBA approval for lodging , fire sprinkler system must be installed. Check with the BOMBA if you don’t believe me.

  55. Pikachu
    November 11th, 2018 at 02:07 | #56

    @Ah Chai
    which E&O staff do you call to get the answer that it depends on JMB? Can you kindly let us know here? I called them and personally asked them including their higher management and all of them said that it is covered in DMC that homestay are not allowed and this development fall under HDA which homestay are prohibited. Also, electricity and water rate are residential. That is already confirmed.

    Are you sure you call E&O to confirm or you just bullshitting here?

  56. Ah Chai
    November 11th, 2018 at 16:11 | #57

    @Pikachu

    E&O sale office. 048909999. Just call them and ask.

  57. HKChong
    November 11th, 2018 at 16:19 | #58

    GEORGE TOWN: The Penang Island City Council (MBPP) has continued its efforts in weeding out illegal and unlicensed lodging houses.

    In its recent check by officers the council’s Commissioner of Buildings (COB), as well as two MBPP departments – Licensing Department and Building Department – three unit owners in Birch The Plaza Condominium in Datuk Keramat Road were fined RM250 each for operating a business without licence.

    Tanjong MP Ng Wei Aik, who was also present during the checks, said the officers knocked on the doors of the eight units that were believed to be available for short-term rent but only guests from three units answered.

    “In the first unit, the guests were from Jakarta who were staying for three nights, the second unit was a guest from Kuching, who was also staying for three nights while two women from Belgium were staying in the third unit,” he told a press conference

    Ng said there were 417 condominium units at Birch The Plaza and it was found that 50 units were involved in the illegal lodging house business.

    “Based on all the information given by the management, the MBPP is going to issue 50 notices to the respective owners.

    “MBPP issued RM250 compound to each of the three units where we met the guests. This issue has been haunting MBPP the last two years,” he said.

    Ng said MBPP issued the summonses under the 1991 MPPP bylaw for Trade, Business and Industries for the offence of operating a business without licence.

    “Errant operators who don’t want to cease operations can be taken to court. On conviction, they can be fined a maximum of up to RM2,000, imprisonment of up to one year, or both.

    Ng said only serviced apartments are allowed to operate homestays or short stays.

    *****************************************************************

    “All residential apartments, condominiums, flats and the gated residential houses are not allowed to carry out these lodging houses business,” he said

    *****************************************************************

  58. Terry
    November 11th, 2018 at 18:38 | #59

    @Pikachu
    Don take it serious
    There are a few buyer that try to confuse everyone to get home stay allow
    It is confirm residential title with residential electric and water,
    Only cukai tanah is commercial but our s&p is under HDA act
    So please stop all the discussions about that and stop reply to those bullshit

  59. Pikachu
    November 11th, 2018 at 19:00 | #60

    @Terry
    Ya, should have stop it but I can’t believe these ppl like to mislead ppl with all these bullshit. Perhaps they have nothing much to do.

  60. jjtpk
    November 12th, 2018 at 09:21 | #61

    @Pikachu

    No, it’s not they have nothing much to do. They could belong to one of these groups :-

    (1) They are speculators who bought Tamarind for flipping, but due to slow market, they know it is impossible now. So the next best thing for them is to use it as homestay to help pay for their mortgages.

    (2) You have professional companies that help owners run homestay nowadays, so the more homestay units in the market, the more money they make. So they go everywhere encourage people to do homestay.

    (3) Developers see this homestay thing as one way to help push their unsold stock, because honestly speaking, you have now more homes in the market than the number required for own stay. So what are you going to do with the balance units?

    So who’s at fault now?

    (1) Greedy developers
    (2) Stupid agents who are willing to do anything developers ask them to
    (3) Bad gov policy

  61. Raichu
    November 12th, 2018 at 09:50 | #62

    i don’t blame you guys being amateur.

    under the state law, Commercial means you are allowed to conduct any commercial activities. as simple as that.

    HDA act doesn’t protect commercial title building – you may check with KPKT.

    HDA only protects Schedule H and Schedule G (Strata or Individual)

    seems like you guys dont understand what is HDA.

    Do you know whats the commercial rate of accessment comparing to residential? X5 times.

  62. HKChong
    November 12th, 2018 at 18:23 | #63

    @Pikachu
    What is the point if the different between commercial title and residential title is just cukai tanah?

    Better get a good lawyer to fight the homestay operators. Group all those non-homestay owners to unite against the homestay operators. Tough road ahead…….

  63. Penangite-2
    November 12th, 2018 at 22:14 | #64

    “Ng said only serviced apartments are allowed to operate homestays or short stays.”

    Go check the Tamarind property type. It is clearly stated “Service Apartment”……period.

  64. Raichu
    November 13th, 2018 at 09:44 | #65

    Penangite-2 :
    “Ng said only serviced apartments are allowed to operate homestays or short stays.”
    Go check the Tamarind property type. It is clearly stated “Service Apartment”……period.

    yes, tamarind is under service apartment.

    go check OSC portal

    http://www.epbt.gov.my/osc/Carian_Proj3.cfm

    search for E&O Property

    MBPP/OSC/PB10415/18(LB)/102494-1 : KERJA-KERJA TELAH DIJALANKAN BAGI PINDAAN DAN TAMBAHAN KEPADA PELAN BANGUNAN MBPP/OSC/PB(8110)/15(LB) YANG TELAH DILULUSKAN BERTARIKH 1HB DISEMBER 2015 BAGI CADANGAN MEMBINA 2 BLOK PANGSAPURI PERKHIDMATAN (SERVICE APARTMENT) 34 TINGKAT (1,104 UNIT) DENGAN 4 TINGKAT PODIUM TEMPAT LETAK KERETA DAN KEMUDAHAN-KEMUDAHAN LAIN DI ATAS LOT PT 1218, JALAN SERI TANJUNG PINANG 1, SEKSYEN 1, BANDAR TANJUNG PINANG oleh TETUAN E&O PROPERTY (PG) SDN. BHD. di Majlis Bandaraya Pulau Pinang

    are you saying service apartment cannot do service apartment?

  65. Service Apartment
    November 13th, 2018 at 09:58 | #66

    Hi all,

    For your information, The Tamarind is under “Service Apartment” Title.

    For any Service Apartment, under the Constitution or Any State Law
    it is purely allowed to conduct any commercial activities under “service apartment” title.

  66. BnB
    November 13th, 2018 at 10:10 | #67

    If not allowed to do homestay, I won’t pay maintenance fees.

  67. filterfren
    November 13th, 2018 at 11:32 | #68

    There is no point speculating or making guesses on this issue. The best and the only way to put this to rest is by consulting a lawyer. If the law on this subject is straight forward, so be it. If the law is uncertain, then due process is to be followed through the courts. It’s all dependant on what the agreement and by-laws say. It’s as simple as that!

  68. sasa
    November 13th, 2018 at 15:20 | #69

    @BnB
    If you don’t pay maintenance fee, you will be blacklisted. Your unit access card and car access will be all blocked.

  69. AnA
    November 13th, 2018 at 16:43 | #70

    just confirmed with KOMTAR,

    under service apartment can conduct service apartment activities. (including AirBnB or private homestay) without restriction unless rules imposed by the management.

    but not subjected to rules that will prohibit or inconvenient owners to conduct any activities.

    service apartment is subjected to short stay, hourly stay, monthly stay or yearly stay.

  70. HamChinPeng
    November 13th, 2018 at 18:00 | #71

    @AnA

    OMG!!!!!!!! Gone case lah Tamarind!!!

  71. Nuts
    November 13th, 2018 at 19:57 | #72

    Exec or service apts?

  72. kit
    November 13th, 2018 at 21:22 | #73

    @AnA

    Hourly stay ? —- can use to bring girlfriend/ lover / mistress !!!!!! Hi ! Hi Hi

  73. frenfilter
    November 14th, 2018 at 09:39 | #74

    filterfren :
    There is no point speculating or making guesses on this issue. The best and the only way to put this to rest is by consulting a lawyer. If the law on this subject is straight forward, so be it. If the law is uncertain, then due process is to be followed through the courts. It’s all dependant on what the agreement and by-laws say. It’s as simple as that!

    my friend here,
    MPPP and title is under service apartment.

    Residential Property = Cannot do service apartment

    Service Apartment title = Cannot do service apartment also???

  74. tangarine
    November 14th, 2018 at 09:43 | #75

    Ah Chai :
    @Pikachu
    I have call the E&0 sales office. I asked about using the tamarind for airbnb. I was told that it depend on the JMB. So I guess the first AGM to choose the JMB will be like PKR election.
    Even with the non-homestay group controling the JMB, the security must be good. If they are not good then you can see the homestay guests going in and out without problem.
    Penang Times Square have managed to control the homestay operators. Security are very strict at both phase 1 and 2. No more homestay operators expect some units rented out by the chinese tenant from china. They do bring in a lot of relatives and guests. Once or twice a month. It is ok if they bring in genuine guests. Security are monitoring them. The guests are not allowed to use the gym/internet/sauna/badminton area. Only two guests are allowed per unit. Security guard will monitoring the area thru CCTV. Choose a good security company.
    Not like those homestays time. The homestay operators claimed that they are their relatives and friends. They seem to have relatives from all over the world. Arab, africa, russia, usa, europe. Homestays guests scolded the security guards for stopping them. They even showed the security guard and management office the receipt that they paid for the airbnb. They claimed it is their right to use the facilities since they paid for it. They even said the homestay operators told them they can use the facilities. If the homestay guests found the sauna not working, they will scold the management staffs. They act like they are the owners of the apartment.
    They even scolded some of the resident owners who keep looking at them when they bring a lot of bags into the lifs. True residents will have to wait for them to go up first

    title under service apartment wor, how? need to ask JMB also?

  75. Cheers
    November 14th, 2018 at 09:56 | #76

    wow, looks like the fight is already on even before VP or JMB formed.
    No homestay vs homestay supporters. It is unavoidable already. 700k property has to suffer this kind of scenario. Sigh.

  76. kit
    November 14th, 2018 at 16:15 | #77

    @filterfren

    Buy Tamarind. $$$$ to E&0.
    Now need to pay $$$$$ to lawyer to fight homestay.
    Why buy commercial title when you want to stay?
    Just buy residential title apartment.

    My uncle is living at Penang Times Square. Their problem with homestay stay is over. I went swimming at Birch Regency. Only two ladies were swimming on Saturday afternoon. The security is strictly with guests. Need to register. That’s is good for residents safety.I have checked with the security supervisor. I was told that the management have stopped all homestay operators. Their guests are not allowed to go in. No more homestay business. Birch Regency have changed their security company last year. Things have improved with good security guards.

    Actually, I wanted to buy Tamarind. Since now that I knowing it is commercial title, I guess no point of buying and suffer later.

    My decision is to buy a unit at Birch Regency. I know it is a second hand unit but I know it is well managed.

  77. Funny
    November 14th, 2018 at 18:34 | #78

    Guys,

    You all sign the DMC when purchase this property. DMC cover that homestay or short period stay is not allowed. Full stop.

    Ask your lawyer the content of the DMC. It clearly stated there. :)

    Unless now you can claim like certain ex prime minister that you are not aware of what you sign in the court :)

  78. johntan
    November 14th, 2018 at 21:08 | #79

    @kit
    Good choice, Kit. The maintainance fee at Penang Times Square residential condo are the cheapest. Only 20 sen per sqft. Well maintained.

    I was considering Penang Times Square before I bought Tamarind for my own stay. I was scared of the noise from both of the construction next to it . But the construction are near completion.

    Now I am thinking of not staying at Tamarind if the homestay business expand to Tamarind. I may consider to use my unit at Tamarind for homestay business. I heard good money.

  79. Terry
    November 15th, 2018 at 00:42 | #80

    @johntan
    Luckily you prefer Penang time square
    Cause is totally two different standard
    Good luck to you
    We don want to be your neighbors

  80. filterfren
    November 15th, 2018 at 01:54 | #81

    @Funny
    @Funny

    Hahahaha… I liked this comment of a certain ex-PM claiming not aware of what he’s doing!

  81. DMC
    November 15th, 2018 at 10:04 | #82

    Still tak habis tak habis with the DMC.

    Title already mention “Service Apartment”

    Title -> DMC

  82. vivien
    November 15th, 2018 at 10:42 | #83

    Short-term homestays and long-term service apartment leasing are both subset of “service apartment”, but mutually exclusive. Short-term can be defined as anything less than 6 months, while long-term leasing can be more than 6 months. So in the end if you guys decide to go to court, here’s what you will get – since this is a service apartment, and it is explicitly mentioned in the DMC that short-term homestay is not allowed, therefore, long-term leasing more than 6 months that comes with full service provided will be allowed, while anything less than 6 months will be prohibited. WTF!!!!! Hahaha….

  83. Tim
    November 15th, 2018 at 12:10 | #84

    21 pages of repetitive posts and promotions by Tamarind Sales agent to push their sales…Smart

  84. Tan SH
    November 15th, 2018 at 13:13 | #85

    @vivien

    DMC can be changed.

    During the AGM/EGM, we can put it to vote. Need 75% of the votes to approve it.

  85. Tamarind Investor
    November 15th, 2018 at 15:52 | #86

    I am a buyer who bought Tamarind for investment. I will be renting my unit out thru airbnb.

    Most of the Tamarind buyers are investors like me. I know that Tamarind is commercial . That is one of the reason I bought it. I am looking for other owners who are investors like me. Hopefully we can work together. Homestays business can bring a lot of $$$. I got one unit at maritime. Usually fully booked. That is why I am expanding to Tamarind. Homestay guests love new apartment.

  86. Bye Investor
    November 15th, 2018 at 17:22 | #87

    @Tamarind Investor
    Hahah, the management already spell out A BIG No for homestay and cover by DMC, so at least first year, you can’t do it. Then 2nd year onward, you need to get 75% of votes to overturn the DMC. ( super highly unlikely to get that). So bye bye to your investment. Better sell it then

    @DMC
    Who told you title>DMC? Title is just a title, there are a lot of commercial title that do not allow homestay and has successfully done that. You can check it out. Stupid comment

  87. Tan
    November 15th, 2018 at 17:30 | #88

    For Long Rent around RM 1800 – RM 2500 /mth
    For Short Rent RM 250 – RM 280 / day if rent out 15 days = @ RM 4000/mth

  88. Alfred
    November 15th, 2018 at 17:47 | #89

    @Tamarind Investor

    Yeh…when some one buy commercial property, they should know / expect commercial property is able to use to run for business and approved by council since we have to pay very high cukai pintu for commercial unit vs low amount for resident title.

    That is very unreasonable from those selfish ppl who buy commercial property for own stay but not allow others to use for business purpose, just like we buy a lorry but not allow to use for business purpose and only can be used as family car?

  89. PT Lim
    November 15th, 2018 at 17:54 | #90

    @Tan SH

    SH, can we get resident title assessment rate from MBPP if we manage to change DMC in AGM/EGM? or we still need to pay commercial rate as current?

  90. Sabrina
    November 15th, 2018 at 20:04 | #91

    Land is commercial, try changing that

  91. Tamarind Investor
    November 15th, 2018 at 21:47 | #92

    @Tamarind Investor

    True, we should try to buy a shoplot at a shopping mall and turn it to our home. Then I will try to change it to residential title !!!!! GOOD IDEA.

  92. Tamarind Investor
    November 15th, 2018 at 21:52 | #93

    @Tan

    My maritime apartment is bring me more than RM 4000 per month. Year end fully booked until after 1 Jan. CNY also fully booked.

    My advise to other owner who want to stay – do homestay and you can using the profit to buy another apartment at a truly RESIDENTIAL apartment to stay. Be smart.

  93. PT Lim
    November 15th, 2018 at 23:29 | #94

    @Tamarind Investor

    Owner can rent a unit just beside their own unit for own stay. Convert their own unit become home stay. Home stay income should be able to cover rental + housing loan + maintenance fees.
    No need to worry about the housing loan during jobless.

  94. Selfish Owner
    November 16th, 2018 at 09:30 | #95

    yeah those buyer who wants to buy for their own stay doesnt have enough budget to buy Quayside / Andaman, die die come and buy Tamarind (Cheaper) units with commercial title

    then dont let ppl do commercial businesses as the title is already stated “Service Apartment”

    there are 1100 units there, and more than 700 ready to do AirBnB. soon it will become

    Tamarind Resort Hotel

  95. BnB
    November 16th, 2018 at 09:55 | #96

    More and more people support homestay.

  96. popcorn
    November 16th, 2018 at 11:20 | #97

    hahaha ……resident vs homestay…. grab your popcorn n see who is the winner. lets see 2019

  97. Tan
    November 16th, 2018 at 12:51 | #98

    Don’t worry, Maritime value frm @550k up to now around 1.1M – 1.2M . Long rent frm 2k up to now 5k just bcos homestay help to goreng up

  98. keppo
    November 16th, 2018 at 13:08 | #99

    commercial is for doing business lah
    DMC is Da Ma Chai. Ha! Ha!

  99. Tamarind Investor
    November 16th, 2018 at 14:33 | #100

    @PT Lim
    Good Idea. I may stay at Tamarind and rent a few units there. I can tend give the best service to my homestay guests. For there, I can expand to more units if business get better.

  100. Terry
    November 17th, 2018 at 00:15 | #101

    Do you all notice the Jazz hotel is going to operate soon
    What is the selling point of AirBNB compare with the hotel
    You are going to have competitive price with them

  101. Sabrina
    November 17th, 2018 at 05:57 | #102

    pls attract more tourists to straits quay dead mall

  102. Funny
    November 17th, 2018 at 10:18 | #103

    haha. ok. Let those homestay syok sendiri lar. They think just because it is commercial title, they can do homestay and try to ignore the DMC ( hehe, let’s see how they argue when their signature was clearly on the DMC and they agreed to NO homestay on the DMC with their nice signature). Furthermore, we already know that mostly buy it for own stay and only a few buy it for homestay ( oh ya, please do not use multiple nickname to self answer and self syok sendiri here :) )

  103. chee kong
    November 18th, 2018 at 21:19 | #104

    @Selfish Owner
    1100 unit there ?? Wow !! So many unit!! Like low cost project. Very busy in the future. People moving up and down the lifs.

  104. Chan JT
    November 22nd, 2018 at 12:59 | #105

    @chee kong

    True. 1100 units ! Too many units. It will be pack. This is why the title is commercial. More investor can buy and rent it for short term.

    You can not find so many owners buying it for their own stay. bnb is very popular now just like Grab.

  105. James
    November 22nd, 2018 at 15:20 | #106

    from what I can see above
    This is not owner vs investor
    Is owner vs other developers
    The investor will keep quiet and do home stay, they will not make noise
    This is very clear that other developers want to condemn the project
    Come on
    Only a few project that around this area, we can easily guess which one la

  106. Liew
    November 22nd, 2018 at 20:33 | #107

    I sincerely hope the JMB will ban the homestay completely. All investors previously bought for Airbnb purpose and not own stay will cheap sell their unit to cut loss fast. Better than loss more later on.

  107. Funny
    November 24th, 2018 at 11:18 | #108

    @James
    Yes, James. Most probably one developer creating multiple accounts just to create the “Fear Factor”. Most homestay investors will try to be discreet as they know they signed the DMC which E&O make sure that their lawyer conveyed the message to each of their buyer that homestay is strictly not allowed. They know they are at the losing side, so no point trying to argue over a forum board.

  108. dollfin
    November 24th, 2018 at 21:12 | #109

    @Funny

    Well, actually there is a significant number of buyers who bought for quick flip. But in this slow market, they will have no choice but to sell cheap, or hang on to it and AbnB the units to sustain cash flow. Plus, professional homestay operators have much to gain if they can convince owners to change house rules to allow homestay. But for owner occupiers, don’t worry, there are many tricks to “punish” these homestay operators. It’s like a guerrilla warfare. You can launch a sneak attack as and when you identify someone doing homestay, like turning off their water supply, unplug their TNB fuse, block card access etc. Have fun!

  109. Phan
    November 24th, 2018 at 22:58 | #110

    The fear factor will not work well here becauseAirBnB can be happened to any other projects, not only to The Tamarind. If other projects can control it, The Tamarind sure can control it. If they can’t, not necessary The Tamarind can’t. Cheers.

  110. PT Lim
    November 25th, 2018 at 23:33 | #111

    Search from google……A serviced apartment (also known as a service apartment or an extended stay apartment) is a fully furnished apartment available for short-term or long-term stay, providing hotel-like amenities such as room service, house keeping, a fitness center, a laundry room, and a rec room.

  111. Chan JT
    November 26th, 2018 at 00:00 | #112

    MBPP – Garispanduan.

    2.0 Definasi Pangsapuri Perkhidmatan (Service Apartment)

    2.1 Untuk tujuan garispanduan ini, definasi ‘service apartment’
    diklasifikasi sebagai berikut:

    – unit kediaman yang boleh dijualkan sebagai unit individu (di bawah
    geran pemilik strata) tetapi tidak diduduki seterus-terusnya oleh
    pemilik atau penyewa

    – disewakan atas kadar harian, berdasarkan setiap hari atau pun
    beberapa hari, selalunya kepada pencuti-pencuti untuk tujuan
    berehat (holidaymakers)

  112. law
    November 26th, 2018 at 12:19 | #113

    Chan JT :
    MBPP – Garispanduan.
    2.0 Definasi Pangsapuri Perkhidmatan (Service Apartment)
    2.1 Untuk tujuan garispanduan ini, definasi ‘service apartment’
    diklasifikasi sebagai berikut:
    – unit kediaman yang boleh dijualkan sebagai unit individu (di bawah
    geran pemilik strata) tetapi tidak diduduki seterus-terusnya oleh
    pemilik atau penyewa
    – disewakan atas kadar harian, berdasarkan setiap hari atau pun
    beberapa hari, selalunya kepada pencuti-pencuti untuk tujuan
    berehat (holidaymakers)

    aiduh, finally some people talk about some sense, we paid high maintenance fees and high accessment rate. let us do commercial lah. title under service apartment u know?

    residential title Andaman ppl also do AirBnB lah :
    https://www.airbnb.com/rooms/1071605?location=Seri%20Tanjung%20Pinang%2C%20Tanjung%20Tokong%2C%20Malaysia&adults=3&children=0&infants=0&check_in=2018-11-30&check_out=2018-12-06&search_id=1826832b-40a9-4aa3-86a8-0a886001bbaa&federated_search_id=5b9fd763-8bdb-4270-84a3-362d3726facd

    commercial title cannot do?

  113. Funny
    November 27th, 2018 at 17:18 | #114

    @law

    @Chan JT
    Untuk tujuan garispanduan ini, definasi ‘service apartment’
    diklasifikasi sebagai berikut:
    – unit kediaman yang boleh dijualkan sebagai unit individu (di bawah
    geran pemilik strata) tetapi tidak diduduki seterus-terusnya oleh
    pemilik atau penyewa
    – disewakan atas kadar harian, berdasarkan setiap hari atau pun
    beberapa hari, selalunya kepada pencuti-pencuti untuk tujuan
    berehat (holidaymakers)
    – biasanya mempunyai perkhidmatan-perkhidmatan ancilliari
    (ancilliary services facilities) seperti restoran/kantin, kedai-kedai,
    arked-arked, dobi, kemudahan sukan dan sebagainya yang
    biasanya diperlukan oleh penyewa
    – diuruskan sebagai hotel oleh satu pihak pengurusan

    You did not copy the whole thing :) It is clearly written, “DIURUSKAN SEBAGAI HOTEL OLEH SATU PIHAK PENGURUSAN” in this case, not with Tamarind. It is clearly for residential usage

    Also, for Tamarind, the maintenance is high? It is normal at this age, if you think that is expensive, you better take a flat or low cost apartment.

  114. Service Apartment
    November 28th, 2018 at 09:42 | #115

    after 1 month this blog still tak habis habis with service apartment topic

    seriously if wanna buy Service apartment title should be aware of the risk la..

    if got money pls go buy andaman

  115. Vincent
    November 30th, 2018 at 17:16 | #116

    Can you believe the bedroom windows of this project are so small?????

  116. Gan
    November 30th, 2018 at 19:57 | #117

    Like low cost flat. High end apartment have big windows. Developer want to save money from glass. Glass are expensive

    • Vincent
      November 30th, 2018 at 22:33 | #118

      I don’t agree. I don’t think glass are more expensive than concrete wall. I really don’t understand what the designer think. Unacceptable.

  117. Tamarind Buyer
    November 30th, 2018 at 23:25 | #119

    Actually, I am a first time house buyer. I chose Tamarind because it is built on one of the best piece of lands. I believe there are quite a lot of first time house buyers here. I might be wrong. I am so excited to see the progress and somehow, I LOVE IT! A lot of people might despise my property choice here but really it all depends on personal choice isn’t it?

    • Vincent
      December 3rd, 2018 at 20:54 | #120

      I also expect a lot from this project and that’s why when I notice the window size is very small, I proceeded to the site and confirmed it.

      Two bedrooms each got a window of about 1.5ft(w) x 3.5ft(h). The master bedroom is about double which is about 3ft x 3.5ft.

      I believe most of the buyers would not accept this design as the rooms would be dark with poor ventilation.

      Unbelievable designer!!

  118. Tan HC
    December 1st, 2018 at 09:35 | #121

    wow.. like living in prison cell.

  119. keppo
    December 1st, 2018 at 14:09 | #122

    @Vincent

    There is the guide line for ventilation.
    if the window is too small, MBPP Jbt. Bangunan
    will not approved. The window size is depend
    to the room size.

    • Vincent
      December 3rd, 2018 at 20:48 | #123

      I understand there must be guidelines about ventilation but the a 1.5 ft x 3.5ft window for a bedroom is surely too small.

  120. Gan
    December 2nd, 2018 at 15:29 | #124

    @Tan HC
    Yes, expensive prison. Paid money to be in prison cell !!!!!

  121. Gan
    December 2nd, 2018 at 15:57 | #125

    JOHN could have rented out his high-rise residential unit in Cheras for RM1,500, but that would not cover his monthly instalment of RM2,500.

    He turned to Airbnb, charging RM240 a night. The unit can accommodate eight, 12 would be a squeeze but he has done it. John operates his unit like a hotel; guests leave at noon and the next group “checks in” between 2pm and 4pm. He has hired a property agent to look after the unit. He needs to keep that schedule 15 days a month in order to get RM3,600.

  122. Gan
    December 2nd, 2018 at 15:58 | #126

    Income generator: Malaysians are increasingly recognising the benefits of home sharing through turning their biggest assets – their property – into income generators to help ease cost of living.
    Read more at https://www.thestar.com.my/business/business-news/2018/12/01/is-airbnb-impacting-the-hotel-industry/#6QI6l2YW254gbjzR.99

  123. Gan
    December 2nd, 2018 at 20:44 | #127

    Welcome to Tamarind Serviced Apartments, an indulgent stay-away from home in Penang, Pearl of the Orient. Strategically located in Tanjong Tokong and conveniently close to Gurney Drive and Straits Quay, Tamarind Serviced Apartments cater for the working professionals, expatriates, even the families on holiday, friend gatherings, marriage ceremonies and special occasions. With fully-furnished apartment units available for rent and a diversity of amenities to enjoy, residents can select for long, medium or short-term stays.

  124. Sabrina
    December 3rd, 2018 at 09:38 | #128

    Ok can

    @Gan

  125. CK
    December 3rd, 2018 at 10:41 | #129

    Any idea when is the handover date ?

  126. Jordan Lee
    December 3rd, 2018 at 11:50 | #130

    How was the prison doing?

  127. Rob
    December 3rd, 2018 at 14:08 | #131

    @Jordan Lee

    OC soon.

  128. keppo
    December 4th, 2018 at 13:35 | #132

    @Vincent
    if 1.5 ft x 3.5 ft window is really too small for the bedroom
    u can complaint to COB but could be a nightmare for
    developer if u win the case….

    • Vincent
      December 6th, 2018 at 22:59 | #133

      I’m not an owner but I’m interested. I know property in Penang and know I cannot trust the advertisement. So I went to the site ….. and confirmed that the windows are so small and two of the bedrooms and the two bathrooms are dark. So I give up.

  129. Gan
    December 4th, 2018 at 14:02 | #134

    @Jordan Lee
    Owner of prison can get the keys to their cell after chinese new year 2019. After CNY 2019, you can see a lot of inmates there.

  130. filterfren
    December 5th, 2018 at 09:37 | #135

    @CK

    Folks,
    Tamarind, the award-winning best condo on the island, is set to be ready for move-in only about a week before the chun-chun date of the end of the full four (4) year period.

  131. santoniri
    December 5th, 2018 at 12:32 | #136

    i better buy 2 units i-santorini.

    2 units x 850 sqft = 1700sqft (2 units rental RM1200 x 2 = RM2400)

    Total purchase price = RM850k

    tamarind 1ksqft RM850sqft.

    1700 sqft vs 1k sqft which one better.

    and somemore tamarind not sure can rent how much. because only 1k sqft.

    cannot do airBnB somemore

  132. Gan
    December 5th, 2018 at 13:00 | #137

    @santoniri
    Prison cost RM850 sqft ? I don’t know how much Dato Keramat Prison will cost. Better stay in Dato Keramat Prison.

  133. Jeremy
    December 5th, 2018 at 18:59 | #138

    The Tamarind looks almost done already and it looks beautiful. The lush landscaping and modern contemporary feature walls made out of red bricks that protrudes in and out giving it character. You can tell this project is of quality. Not to mention the facilities. Wait till you collect your keys.

  134. Jeremy
    December 5th, 2018 at 19:04 | #139

    To all the people saying negative comments or is hard selling isantorini. I am also an owner of isantorini. I can only say you can’t compare both projects. One is branded and one is of a lower brand. You can tell by the finishing and material they use. What is there to compare? Just accept both projects are different. The more you comment it just makes you look like a sour grape and a desperate person. People can tell once they collect the keys and view the units and the facilities.

  135. Ivan
    December 6th, 2018 at 18:35 | #140

    I also don’t know why needs to give negative comments here. If you do not like this project, it is absolutely fine that you didn’t go and buy it. Remember what you say represented what you are.

  136. Vincent
    December 8th, 2018 at 15:41 | #141

    @Vincent

    Accept it or not, 98% sold which also means buyers accepted it when they saw the show unit.

    • Vincent
      December 9th, 2018 at 23:28 | #142

      98% sold doesn’t mean buyer accepted it. They bought immediately after launching without thinking carefully because few years ago the market was still good.

      The main reason is that they bought it for investment instead of for their own living. But developer clearly stated that it can’t be used as short term rental like air bnb.

  137. Vincent
    December 8th, 2018 at 15:47 | #143

    santoniri :
    i better buy 2 units i-santorini.
    2 units x 850 sqft = 1700sqft (2 units rental RM1200 x 2 = RM2400)
    Total purchase price = RM850k
    tamarind 1ksqft RM850sqft.
    1700 sqft vs 1k sqft which one better.
    and somemore tamarind not sure can rent how much. because only 1k sqft.
    cannot do airBnB somemore

    Buy 2 I Santorini doesn’t make it better.

    Government restriction which does not allow buyers to sell for the first 10 years.

    To sell back, the buyer must be eligible
    The buyer will also not be stupid to buy an RM500k unit as affordable home ranges from 350K-400k if buying a new unit.
    Thus, affordable home price is not for appreciation.

    If the property cannot appreciate then Tamarind will be a good buy. Since 2005 E&O Properties had appreciated 100%-300%. There is a better chance for appreciation in Tamarind than any affordable home or I Santorini.

    The next is that affordable home is not for rental is for own stay like LMC.

    Recently State Housing is very strict.

    So if you cannot make profit from capital appreciation and if you cannot rent then might as well buy Tamarind

  138. Alvin
    December 8th, 2018 at 19:21 | #144

    The Tamarind, eagerly awaited is making an appearance

  139. Gan
    December 10th, 2018 at 19:21 | #145

    I-Santonni –
    Total Units : 2,155

    Tamarind –
    Total Units: 1,104

    The Brezza –
    Total Unit(S)
    312

    Marinox –
    Total Units : 301

    Jazz residence – 30-storey Jazz Hotel with 226 rooms and a 45-storey Jazz Residence serviced suites.

    3872 units (without Jazz residence figures) by next year !!!!!!

    Traffic jam !!

  140. Conair99
    December 10th, 2018 at 20:21 | #146

    @Gan
    Gan, I think you worry too much..ppl who can afford the property at this area is either not working, working overseas or work on their own time…so maybe less than 15% of the residents is facing traffic jam issue only…

    • Small window
      December 11th, 2018 at 10:35 | #147

      People in Penang buy property mainly for investment instead of living in. That’s why many places only got maybe less than 30% occupied. I-santorini maybe different.

    • Small window
      December 11th, 2018 at 10:36 | #148

      BTW, Conair is a good movie.

  141. Chng
    December 11th, 2018 at 10:29 | #149

    @Conair99

    true.. we need rich people to sustain the soft property market..

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