Penang Property Talk

I see, mine is 17-07. So you bought 2 units of level 9 & 10? I think this is a good buy looking at Penang Properties price keep increasing since I can’t remember when, when I bought my last property 3 yrs ago and everyone keep telling me I’m stupid to buy it at x price but look at it now.The price never stop increasing, just the matter of increasing fast or slow.
@Queenie

Do u think Unit 7 and Unit 8 , 1200 sf is a bit small in size. Only 2 rooms + 1 Study room.

If according to sf it suppose to be big but somehow I don’t understand how it can only allocate 2 rooms and a study without door. Anyway, for me it’s just holiday home so it should be fine kut Bcos all I wanted was the seaview and the location. But if for own stay permanent house day to day, yes I do think it’s a bit small.
@Queenie

Anyone can share what’s the price different between Phase 1 and 2?

Is this property commercial or residential title?

@Penang Lang
Residential title

Any update on this project? How is the reclamation work going on? What’s the schedule?

If buy for investment, forget about it. Queensbay area too over supply and pricing there already hit the peak, no more appreciation. Future sure hard to get buyer / tenant, at least 3,000 of unit are my competitor. No value for investment purpose.

Hi Lol, you seem to be very familiar and knowledgable with prop.
Can you share more what is the best place for investment now, with value and why and places with room for appreciation.. will appreciate and thank you….

Any buyer who wish to know more bout queens residences u may

call / whatsapp me @

SK Ch’ng

It has been very quiet for this project after the phase 11 launched, what happen ?

Still any unit available?

Anyone receive SMS from Ideal to sign the SnP?

Hi all, last week I pass deposit 20k to sale person, he told me the deposit can refund if I want to quit the project any time before sign S&P. He say all IDEAL project can refund without question before S&P.
Is that true? How come IDEAL so confident or the sale person mislead me?
Please share your thought. thanks.

Yes, as long as u have not sign the SPA, they should refund u.
My 20K have been given 6 months ago and the cheque already expired already.

Just signed the SPA last week but the sales person told me, this project not approve yet. Ideal asking for 10% payment and return the 20k deposit cheque to me. They call this is Pre-SPA while waiting approval from State. Anyone sign the SPA too?

I just call to IDEAL PROPERTY GROUP CARELINE : +604-645 6888
Customer service staff told me, all deposit can fully refund without single question before SnP, this is IDEAL policy. Sound good and feel confidence to this company. Thanks for the good policy.

Ideal asking for 10% payment by cheque with dated 30/Nov. SPA & Loan Agreement will not send for stamping at this moment while waiting project approval. If failed, cheque will return accordingly. I’m surprise the project not approved yet. Anyone can try to ask and see what the sales person reply.

buyer913 :
I just call to IDEAL PROPERTY GROUP CARELINE : +604-645 6888
Customer service staff told me, all deposit can fully refund without single question before SnP, this is IDEAL policy. Sound good and feel confidence to this company. Thanks for the good policy.

Dude, nothing special, no need being too 大惊小怪
Many developers do the sameeeeeeeeeee

from now the state gov have to check properly.
is the plan approved by all department?
if not Hill land already fall, reclaim land tenggelam / flood

Many developers require banks loan reject letter, otherwise no full refund, please take note.

Few developers want you to give reason for cancellation if without loan rejection and need management approval.

Ideal is exempted on all cases as at now.

All above conditions apply on SnP not yet signed.

I think they worry about The Mezzo @ The Light.
They are trying to lock down purchaser.

It is not legal to ask buyer to pre-sign SPA and collect 10%.
Buyer have all the right not to sign and pay, until they obtain APDL.

The lawyer said the SPA will not go for stamping until IDEAL obtaion the approval (APDL) and the 10% will not going to bank in too. That why, they ask to put the cheque dated on 30/Nov and they believe IDEAL will obtain the approval very soon. Is it legal?

Is it the normal practise for developer to ask buyer to Pre-sign SPA? Looking for advice.

@Buyer 100

Normal lah dont worry.

@practical
Thanks for inputs

Queens Residences Phase 1 – estimated APDL to be out within Dec 2017 if everything goes smoothly. Phase 2 will be slightly later. Showroom available for viewing, those keen may contact/whatsapp me :
Ewen HP (Marketing Agent)
Tqvm

ES :
Queens Residences Phase 1 – estimated APDL to be out within Dec 2017 if everything goes smoothly. Phase 2 will be slightly later. Showroom available for viewing, those keen may contact/whatsapp me :
Ewen HP (Marketing Agent)
Tqvm

Construction duration is 36 or 48 mths ? That means completion date is 2020 or 2021. So late…

@BBB

Dear BBB,

Construction Duration is 48 Months from Your SnP date .
Still have Good Unit for Booking,

For More Info/ Showroom Viewing Appointment ,

U May Whatsapp / Call Me , SK Ch’ng
[ QUEEN RESIDENCES MARKETING AGENT ]

~ Thanks alot for your fully Support ya ~

GOOD NEWS !!!!

QUEEN RESIDENCES 2 END FINANCING OBTAINED !!!

For Those Already booked Q2 , Can now apply their loan

For Those Still Not Yet Place A Booking,

Now U Can Whatsapp / Call Me @ SK Ch’ng , Queen Residences Marketing Agent

Thanks a lot for your support ya

This is ridiculuous.. investor must really look at this carefully.. their project suck.. people bought a new property at 600k, but eventually only able to sell at 495k after completion. Strategic location, urgly outlook.. make the market price drop 100k. Take the risk to buy.. dare to loose… good luck buyer.

Queens Residences Phase 1 – estimated APDL to be out within Dec 2017 if everything goes smoothly.

Hi all, called from Ideal, project approved. SPA will start stamping on 15/Jan/18 onwards. Anyone received call from Ideal too. Looking for sharing.

Project APDL approved and now going to stamping Spa by next Mon onwards. Looking for sharing if u received the call from Ideal

GOOD NEWS !!! APDL START STAMPED d on 15 Jan 2018 For Phase 1,

So for Those still wish to Invest or Buy for Retirement home , u may Whatsapp or Contact me :
SK Ch’ng
[ Queen Residences Marketing Agent]

My Contact can get at Upstair Marketing Agents column

Hi Buyer,

Just sharing Bank interest rate.
Hong Leong Bank.
1-24 months BR + 0.37% p.a.
Thereafter BR + 0.52% p.a.

Anyone get better offer from others bank? Please share. Thanks.

Hi Buyer,

Any update for the project, looking for sharing?

Thanks

Latest update,
Bank disagree IDEAL SPA by put completion in 48months. To them, any project completion more than 36months must get approval from JPN (Jabatan Perumahan Negara). Now, the Bank asking IDEAL to provide approval letter from JPN for extended the completion period from 36months to 48months.
Looking for sharing from others buyer…

Good News !!! Got some units Released due to loan rejected ,

For more info / Showroom Viewing ,

WHATSAPP / CALL :

SK CH’NG
[ Queens Residences Agent]

My contact @ Marketing agent column

SK CH’NG :Good News !!! Got some units Released due to loan rejected ,
For more info / Showroom Viewing ,
WHATSAPP / CALL :
SK CH’NG[ Queens Residences Agent]
My contact @ Marketing agent column

How much, and what size ? please share here…

@NG

price from 805k ++, still have available units for booking

950sft
1000sft
1200sft
1400sft
1650sft

all size have also bro

u may whatsapp me so that i can sent u the sale chart

Hi, Keen in this project. Still have available units? can email sale chart?

@Jessica

Dear Jessica ,

Ya still have available unit for booking , we will launched new package for 950sft after election day , for more info u may contact me , SK Ch’ng , my contact u can found @ Marketing Agent Column above

Thanks alot for your support ya

any low costs or affordable units in Queen’s residence? as now all projects need to hv that right? so need to know where will it be ? thx

@happy

There are no Low cost unit at Queens Residences area, queens area is a high end residences, developer can built at other location

Now Have Good Promo, Those interested to Book a unit for wish to view showroom ,
U May whatsapp me , My contact u can find it at above Marketing agent collumn

Thanks alot

Regards,

SK Ch’ng
(Queens Residences Marketing Agent)

What’s the special promo now?

@Sk Ch’ng

Special Promo is Saving Interest part as Rebate for selected unit

@SK CH’NG
I’m interested. Can send me more info? Couldn’t find your no. in this page?

@Jay

Dear Jay,

What is your contact ? or U can Call / whatsapp me direct , MY contact can be found at above marketing agent column, thanks ya

GOOD NEWS & TIPS !!!

Queens Residense Phase 1 & 2 Estimated can be Completed by End 2020 Year

Pulau Jerejak Will Be Become New Attraction Theme Park Soon !!! A New Tourist Attraction Which Can Bring the Value Up in Future !!!

For Those Who Still wish to grab a unit here ,

Fast Call / Whatsapp me to View Our showroom

SK Ch’ng , My contact can be found @ Marketing Agent Column, Thanks ya

Hi SK CH’NG,

Whats the current offer and promotional packages?

heard that ideal property had sold off Q3 AND Q4 to another party, so they will only complete Q1 and Q2. in that case, the whole masterplan might be affected, such as who is going to build the small stadium and the sports centre.what about the access 6 lanes road? anyone got answer?

GOOD NEWS !!!

CRAZY OFFER NOW FOR QUEENS RESIDENCES @ QUEENSBAY !!!

NOW , U CAN GET A UNIT FROM RM 645K++ ONWARDS !!!

VERY WORTH TO BUY NOW !!!

NEW PACKAGE JUST LAUNCHED !!!

FOR MORE INFO / BOOKING ,

FAST WHATSAPP / CALL :

SK CH’NG

My Contact Number Can be found at above Marketing Agents Collumn, Thanks alot ya

When is the completion for Q1 &2 . Some said end 2022 , some end 2021 and end 2020. Good buy now ? See price drop and booking fee from 20K to 5K ?

i m lost too. when I first visited the showroom, the sales person told me this project will be ready end 2020, and mostly sold out, especially Q2. later, when I took my GF to visit again 1 month later, the other sales person told me it will be ready end 2021. (1 year delay). then, last week,when I took my parents to visit the showroom for the third times, another sales told me this project will be ready end 2022. WHAT….. (2 years delay). what is happening ??

my conclusion … those sales are from some agencies , so they do not really understand this project. SO… when you asked them, they just simply bla… bla… bla… USELESS AGENT.

for ideal project, be prepared for inferior quality product as they can produce low/medium cost housing only. never expect a low cost housing developer to build a good and nice high end condo for you. also, be prepared to face the gangster contractor when you move in , so never be happy when you got it cheap….. cheap thing will never be good because you have to compromise for the quality, service,depreciation ….

@lost
At the end , did you place the booking after 3rd visit ? Just wondering in SnP , 36 months or 48 month? I heard some buyer need to sign the consent letter to follow developer bank in booking date , instead of follow SNP date if want to enjoy the HOC.

@lossss, the completion date is 45 months from SnP, the buyer needs to sign a consent letter to follow developer bank in-date a few months later. You can enjoy interest-free for a few months also. Win-Win situation.

@lost
ideal is a good developer, give cheap n stayable housing for poor penang people. their projects are good but sometime come with quality problem. if u wan quality house, pls look for quality developer like E&O, IJM . they will not hav inhouse contractor.

Any whatsapp group for buyer Q2?

anymore seaview unit ? when Q3 open ?

why all seaview unit facing pulau jerejak ? why price drop so much ? cannot sell ??

@P_buyer

Q1 Estimated Completed End of 2020 , take key early of 2021

Q2 Estimated Completed End of 2021 , Take key Early of 2022

YES NOW IS REALLY GOOD BUY ,

BECAUSE We Giving HOC Discount , Under HOC Programme,

for Non Seaview Unit Booking is RM5K ONLY

for Seaview unit Booking is Rm 20k only

We Can make appointment for showroom viewing 1st , then only u decide later ,
Now is Really A Good Buy time if u compare this Waterfront project with sungai nibong , sungai ara & etc , coz psf also quite same the price

My name is SK CH’NG , My Contact @ Above Marketing Agents Column

Thanks alot for your fully Support

@lossss
finally, I have decided to book 1 unit , facing q’bay, cost around 700k. since I m working at bayan lepas FTZ, I think it is easy for me to get to work. (now staying at farlim).

my friend told me that the gangster contractor is actually not gangster, but just indoor contractor. if you let them do some renovation, then everything will be OK. their price is quite reasonable and unlike some bad comments. if you do not choose them as contractor, then just pay them some rubbish collector fee, which I think is quite reasonable.

@lost your friend too young or you are too young! hos many of your friends ald purchased idea projects and you get the right information. The currently just completed project one foresta, affordable house, you know how much sampah fees they collect? The fees are totally notnecessary because the jobs should be done by own contractors. Imagine how many units there how much extra they collecting. The practice of sampah fees only happened in Penang island (most area but not all) and not other places and states.

Also, the cements price are higher then outside and not reasonable. If they are not ganster, then they should give onwer to use own contractors without the sampah fees. I wonder why the ganster always like to bully chinese and poor people even the affordable projects. Authorities can’t do anythings. If you are from their side, sincerely hope you can think about it. we should helping each other instead of bullying the poor and citizen, right?

@ckII
what is your problem..??? if you can buy a 700k–1 mil condo,but you cannot pay the 500–1000 sampah fee, what a joke !!!

outside contractor also charge very expensive now, some even cut your throat if you did not make comparison . as long as the contractor behave themselves, what problem do you have ??

@lost

Can or cannot pay is not the main problem, the problem is about why need to pay the extra?

happy just buy, unhappy then go for other projects. I just bought one too, facing QB (where to find so cheap freehold project and comes with 2 side by side car park), even Triuni Residence also comes with tandem car park for the smallest size.

Just bought one under the HOC.

Very good deal

I just bought a unit too.Full unobstructed Seaview. I think it’s a perfect location with amenities easily accessible as well.

How many units left? Any idea?

@Brig
May I know what is d unit size and how much you paid for it?

@Brig
My budget only go for 950sqft facing QB mall.

@Brig
Not only the location but the concept of waterfront with marina cum commercial under, that is rare.

i bgt 1 too, better choose Q1 than Q2, bcos it is nearer to QB. also. wen Q1 ready , Q2 is almost done, so not so much of noise n dust. But, for Q2, some units facing Q3, will hav to bear the piling noise n dust. therefore, it is better to choose Q1.

my unit is semi sea view, better discount and looking towards penang bridge. there r a lot of units facing pulau jerejak, not a good view to me.