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Novus

January 15th, 2017 Leave a comment 中文版

novus

Novus, an upcoming residential development by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean) at Sungai Nibong, Penang. It is strategically located near Gerbang Bukit Kecil 2, adjacent to Kristal Court Townhouse and Kristal Villa.

The proposed development comprises single block of 44-storey condominium, offering 273 residential units with built-up area ranging from 860 sq.ft. onwards. There will be 8 units per floor.

NOTE: Recently, our readers/followers have written us to enquire about the relationship between the developer and RID. Our investigation concluded that Prisma Bumiray Sdn. Bhd. (Pearl Ocean) is NOT part of RID. Both companies are totally not related to each other.

Property Project : Novus
Location : Sungai Nibong, Penang
Property Type : Condominium
Total Units: 273
Built-up Area: 860 sq.ft. onwards
Indicative Price: RM530,000 onwards
Developer : Prisma Bumiraya Sdn. Bhd. (Pearl Ocean)

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Location Map:

 

 

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  1. Lim
    January 17th, 2017 at 00:05 | #1

    Showroom?

  2. andy
    January 24th, 2017 at 10:11 | #2

    RM530k for 860 sqf = RM616 per sqft….. wow dam expensive in view of recent economic downturn.

  3. andy
    January 24th, 2017 at 10:12 | #3

    now the focus is at Batu Kawan ready…no more in island.

  4. andy
    February 3rd, 2017 at 14:07 | #4

    As usual all the smaller unit taken up before launching. Now left with 1150 sqft and the price before all these non-sense rebate is starting from 730k onwards.

  5. zack
    February 4th, 2017 at 22:40 | #5

    the master bedroom is kinda small .. the other 2 bedrooms are big though ..

  6. TST
    February 6th, 2017 at 14:13 | #6

    Any history about this Prisma Bumiraya Sdn. Bhd?? Any history project??

  7. BB
    February 6th, 2017 at 14:19 | #7

    You may search for Reka Indah (http://www.rid.com.my). Prisma Bumiraya Sdn. Bhd. is a subsidiary company of RID.

  8. Emily
    February 6th, 2017 at 22:54 | #8

    Formerly known as Reka indah, right? Projects involved are Boulevard condo, orchard Ville and etc. you may check with their sales person.

  9. Penangite
    February 6th, 2017 at 23:07 | #9

    Yes, Reka Indah (RID). Prisma Bumiraya Sdn. Bhd. is a subsidiary company of RID.

  10. Tan
    February 7th, 2017 at 08:50 | #10

    Meridien condo nearby also build by Reka Indah

  11. Investor
    February 9th, 2017 at 00:05 | #11

    Sold Out in 2 weeks !!

  12. CSY
    February 9th, 2017 at 00:12 | #12

    So fast sold out already??

  13. Previous buyer
    February 9th, 2017 at 19:54 | #13

    Pls do not buy property from this developer who is actually Reka Indah. They delay the completion of Orchard Ville for many months and decided not to pay any compensation to the buyer. Now they are changing the company name by hoping others do not know. And the actual build up of the condo is totally different from the brochure. The developer reputation is bad and the building after completion looks so ugly. So dissapointed and regret buying from them

  14. Previous buyer
    February 11th, 2017 at 12:01 | #14

    Please see for yourself how bad is this developer. Please ask the previous project owner at Orchard Ville. Definitely you will regret if u buy from them like all those who bought Orchard Ville. I am one of the Orchard Ville owner.

    https://m.facebook.com/story.php?story_fbid=733758970133161&id=267822240025513

  15. Yee
    February 11th, 2017 at 23:33 | #15

    Is this developer good? I read some bad comments on this developer, including bad selling management, and completion delay of Orchard Ville as mentioned by @Previous buyer.

  16. Joe
    February 11th, 2017 at 23:41 | #16

    @Yee

    Hi Yee, may I know how bad their selling management is? I’m interested in knowing more about this developer. Thanks.

  17. Yee
    February 12th, 2017 at 10:10 | #17

    @Joe

    According to an agent, developer set 2 private launches, one before cny and another after cny but somehow they made them earlier as scheduled. Most units were taken by agents instead of open to public. Official launch and show unit are said to be launched after cny but so far make no progress. The private launches revealed very limited details on this project too

  18. Kimberly
    February 13th, 2017 at 16:40 | #18

    This Novus project will become landmark and best projects at Sg Nibong and Bayan Baru (exclude Bayan Mutiara / Queensbay Area). The facade is very modern and the location is just next to famous school and future LRT station. No reason for it not to appreciate more !!

  19. Kimberly
    February 13th, 2017 at 16:42 | #19

    Oopp …. it almost sold out (left 5 units) at lower floor only.
    Imagine sell a RM620 psf, still can sold out 95% in 2 weeks time. Think developer will like lunch Phase2.

  20. Lisa
    February 13th, 2017 at 16:44 | #20

    I am lucky booked a unit at Unit#1 high floor.
    Did developer increase selling price ?
    Since it so laku, can i sell it now with RM50K profit?

  21. Kim
    February 13th, 2017 at 17:04 | #21

    Why lower units not as hot?

  22. Ryu
    February 13th, 2017 at 17:16 | #22

    @kim, because the lower floors is same level as the car park (level 1 to 9)

  23. Fang
    February 13th, 2017 at 18:50 | #23

    strategic location indeed. what about this developer? nice? nvr heard about it. no higher level unit left?

  24. gooner
    February 13th, 2017 at 19:40 | #24

    where to see floor plan? their website not showing

  25. Queenie
    February 13th, 2017 at 22:54 | #25

    No need to see already. 95% sold out !!

  26. JamesBond
    February 14th, 2017 at 18:06 | #26

    I got a unit too. Level 26 facing both Bridge. I am glad this tower will not block by any high rise and can enjoy seaview.

  27. gooner
    February 14th, 2017 at 19:09 | #27

    @Queenie
    still got 5%

  28. ranee
    February 16th, 2017 at 07:55 | #28

    When is the official launch for this project?

  29. so
    February 23rd, 2017 at 11:18 | #29

    I book a lower floor small units but dont know the view will blocked by other building or not

  30. ranee
    March 13th, 2017 at 23:19 | #30

    Have any buyers started to apply home loan? Which bank is better for the home loan as of now?

  31. KellySweetie
    March 14th, 2017 at 10:03 | #31

    Maybank started to call me, asking to help me to assess if I can get loan for this projects.
    I have book Unit#1 high floor, almost Rm700K after rebate all. But was think whether Novus is really good or not.

    Elit Heights Rm600K (LRT station just 2 min walk to Giant)
    Arena Rm700K (LRT station just 2 min walk to sPICE)
    1-Sky Rm650K (LRT station just 5 min walk to sPICE)
    And many more project now offering very reasonable price.
    Novus Rm700K (LRT station need 5 min walk to Sg Nibong station)

    Can anyone can give me advice ?

  32. KellySweetie
    March 14th, 2017 at 10:05 | #32

    Just come across, a few unit at Sg Ara Senzo, 2300sf only Rm740K. Lower Floor. Vert spacious.

  33. Tam_A
    March 14th, 2017 at 13:34 | #33

    KellySweetie :Just come across, a few unit at Sg Ara Senzo, 2300sf only Rm740K. Lower Floor. Vert spacious.

    One thing you should keep in mind is the maintenance fee which is related to condo size. Let’s say rm0.20 per square feet maintenance fee, you are paying 2300 x 0.20 = rm 460 per month for it…

    Unlike landed house, for condo, bigger size always come with ‘higher’ fee.

  34. KellySweetie
    March 14th, 2017 at 14:38 | #34

    KellySweetie :
    Maybank started to call me, asking to help me to assess if I can get loan for this projects.
    I have book Unit#1 high floor, almost Rm700K after rebate all. But was think whether Novus is really good or not.
    Elit Heights Rm600K (LRT station just 2 min walk to Giant)
    Arena Rm700K (LRT station just 2 min walk to sPICE)
    1-Sky Rm650K (LRT station just 5 min walk to sPICE)
    And many more project now offering very reasonable price.
    Novus Rm700K (LRT station need 5 min walk to Sg Nibong station)
    Can anyone can give me advice ?

    So, Any one can give me idea and suggestion?

  35. Tam_A
    March 14th, 2017 at 14:52 | #35

    KellySweetie :

    KellySweetie :Maybank started to call me, asking to help me to assess if I can get loan for this projects.I have book Unit#1 high floor, almost Rm700K after rebate all. But was think whether Novus is really good or not.Elit Heights Rm600K (LRT station just 2 min walk to Giant)Arena Rm700K (LRT station just 2 min walk to sPICE)1-Sky Rm650K (LRT station just 5 min walk to sPICE)And many more project now offering very reasonable price.Novus Rm700K (LRT station need 5 min walk to Sg Nibong station)Can anyone can give me advice ?

    So, Any one can give me idea and suggestion?

    How about D’Piazza condo? RM600k +/-, residential title (cheaper assestment fee Rm300 yearly. Those Elit/1-Sky/Arena cost you 1.5k-2k yearly due to commercial title), 2 min walkable to SPICE & LRT & Sunshine Supermarket. Freehold (1-Sky is leasehold).

  36. Ween
    March 14th, 2017 at 15:35 | #36

    @KellySweetie

    It depends on your primary factor in choosing properties.
    Let us firstly filter out LRT, as its progression is not really promising due to the budget issue by our state government.

    Factor winners:
    1. Convenience – Elite Heights
    2. Environment – Novus
    3. Space – Senzo
    4. Density – Novus

    Commercial: Elite Heights, 1-Sky, Arena
    Residential: Novus, Senzo

    Personally won’t choose D’Piazza due to its lousy developer (X-Scan) and 1-Sky due to leasehold title.

  37. KellySweetie
    March 15th, 2017 at 00:09 | #37

    Ween :
    @KellySweetie
    It depends on your primary factor in choosing properties.
    Let us firstly filter out LRT, as its progression is not really promising due to the budget issue by our state government.
    Factor winners:
    1. Convenience – Elite Heights
    2. Environment – Novus
    3. Space – Senzo
    4. Density – Novus
    Commercial: Elite Heights, 1-Sky, Arena
    Residential: Novus, Senzo
    Personally won’t choose D’Piazza due to its lousy developer (X-Scan) and 1-Sky due to leasehold title.

    Good analysis

  38. Aaron
    March 15th, 2017 at 23:41 | #38

    Does any buyer know that the two carparks are allocated side-by-side or front-and-back?

  39. AAA
    March 16th, 2017 at 16:38 | #39

    yea, i’m also wondering about the carpark allocation…

  40. Reen
    March 16th, 2017 at 23:43 | #40

    I booked 27th floor high unit, more than RM700K. Maybank called me 2 days ago and my loan was approved. Happy with its low density (273 units) and nice views (no view block since the lands in front of it are fully occupied with landed houses). By the way, my concern is the developer – RID’s workmanship and accountability. This developer had their previous project Orchard Ville delayed. Any comment on its workmanship and accountability?

  41. Novus Buyer
    March 20th, 2017 at 13:28 | #41

    I am The Novus buyer as well. The developer lawyer sent me a letter regards the approval of the end financiers of this project was supported by 7 bankers. This is the good news, because newly the bankers only support the good project. Without the bridging loan, this project wont keep off.

    Developer claiming can sign SPA yet the APDL still uncertain? How about other buyer, are your sign the SPA?

  42. fendi
    March 20th, 2017 at 13:45 | #42

    @Novus Buyer

    May I ask, what is your occupation?

  43. Novus Buyer
    March 20th, 2017 at 14:20 | #43

    fendi :
    @Novus Buyer
    May I ask, what is your occupation?

    I’m property investor as well retired person which previously works with property development company as well.

  44. JJ
    March 20th, 2017 at 15:18 | #44

    Hi,

    I heard that Prisma Bumiraya Sdn. bhd is no longer under RID.
    It was still marketed as RID project.

    Has anyone verified this?

  45. JJ
    March 20th, 2017 at 15:18 | #45

    Hi,

    I heard that Prisma Bumiraya Sdn. bhd is no longer under RID.
    Novus was still marketed as RID project.

    Has anyone verified this?

  46. fendi
    March 20th, 2017 at 16:11 | #46

    @Novus Buyer

    Oh….I knew it must be something to do with property, but my guess was either a bricklayer or plumber.

  47. Reen
    March 20th, 2017 at 21:50 | #47

    @Novus Buyer

    APDL is still pending. only for signing. the SPA is only effective after APDL.

  48. Reen
    March 20th, 2017 at 21:51 | #48

    JJ :
    Hi,
    I heard that Prisma Bumiraya Sdn. bhd is no longer under RID.
    It was still marketed as RID project.
    Has anyone verified this?

    Is this a good news, for the buyers?

  49. Novus Buyer
    March 21st, 2017 at 09:21 | #49

    @Reen
    If not for stamping what is the purpose signing SPA? Furthermore we need to paid the balance to implement the signing. So, if the ADPL only obtained few months later………meaning we paid the fist 10% by obtained nothing…….even the SPA cant stamp

  50. Novus Buyer
    March 21st, 2017 at 11:03 | #50

    Any ideal???

    General information for the Novus Residences :-
    Phase 1A
    1 Block of 34-storey (273 units) Condominium
    1 Block of 10-storey Car Park

    Phase 1B
    1 Block of 40-storey (96 units) Condominium
    1 Block of 3-storey Car Park
    ON LOT 1619 DAN 1620, GERBANG BUKIT KECIL 2, MUKIM 12, DAERAH BARAT DAYA, PULAU PINANG.

  51. JJ
    March 21st, 2017 at 11:17 | #51

    @Novus Buyer

    I called the lawyer. The lawyer even said that the developer is not obliged to state the unit measurements in S&P.
    In that case, the S&P might not contain much info but clauses that benefit the developer only.

  52. Novus Buyer
    March 21st, 2017 at 12:17 | #52

    @JJ
    Then what for in the hurry to sign the SPA? I just check the OSC online portal, the developer submitted via 2 phases for this development.

    Phase 1A :-
    1 Block of 34-storey (273 units) Condominium
    1 Block of 10-storey Car Park

    Phase 1B:-
    1 Block of 40-storey (96 units) Condominium
    1 Block of 3-storey Car Park

    ON LOT 1619 DAN 1620, GERBANG BUKIT KECIL 2, MUKIM 12, DAERAH BARAT DAYA, PULAU PINANG.

    The building plans just approved, is still a long way to obtained the APDL………SiFUS……COB submission and APDL……

  53. KellySweetie
    March 21st, 2017 at 15:45 | #53

    Reen :
    I booked 27th floor high unit, more than RM700K. Maybank called me 2 days ago and my loan was approved. Happy with its low density (273 units) and nice views (no view block since the lands in front of it are fully occupied with landed houses). By the way, my concern is the developer – RID’s workmanship and accountability. This developer had their previous project Orchard Ville delayed. Any comment on its workmanship and accountability?

    Hi Reen, I am 5 floor higher than yours. Unit#1. What about u? I am looking for load also. So far what is the BL rate note and the overall Rate is how much now? Thx? 4.25% consider good or not?

  54. NovusAnalyst
    March 21st, 2017 at 16:00 | #54

    Hi good day.
    I am buyer as well for smaller unit. Here my comment:
    If u think SnP not clear, can ask lawyer to change and add points. As long as developer agreed to chg. So if u need to add or change anything, talk to developer. (Their panel lawyer told me).
    Panel lawyer told me expected SnP may be Mid-End of April.
    I also request i want to talk a look on the draft of the SnP before sign. I do not agree the draft, and developer refuse to add or change, i still can withdraw my booking fee fully.

    Rgd RID, this project is market under new brand Pearl Ocean (subsidary of Prisman Bumiraya, formally know as RID). RID is going to close down, 1 boss retired and 1 boss go with Prisma Bumiraya. RID delay on Orchard Ville but no need to pay compensation, but High court recentlky rule that minister Ahmad Dahlan have not right to approve the project delay, this may result in RID or Prisma Bumiraya heavily pay the compensation. To you all, do you think they will use Novus money to cover Orchard Ville compensation? I am not sure?

    That all.
    I am considering to cancel and would like to wait until last minutes.

  55. NovusAnalyst
    March 21st, 2017 at 16:05 | #55

    i-Sky offer 700K 1450 sf (i-Sky is sky bunglow design)
    Novus offer 800K 1155 sf (apartment design)

  56. Common sense
    March 21st, 2017 at 19:13 | #56

    Do you do analysis why i-sky is selling cheaper?

  57. JJ
    March 21st, 2017 at 21:36 | #57

    @Novus Buyer

    “Then what for in the hurry to sign the SPA?” – That’s what I am thinking also

    @NovusAnalyst
    @Reen
    @KellySweetie

    Hi all,

    As of early last week, no contractor is appointed yet by Pearl Ocean.
    If this is the case, it seems that S&P signing is not justified.

  58. NovusAnalyst
    March 21st, 2017 at 23:54 | #58

    RID it self is contractor laa …. Bro.

  59. NovusAnalyst
    March 21st, 2017 at 23:55 | #59

    Common sense :
    Do you do analysis why i-sky is selling cheaper?

    Experience buyer like me will surely know the answer. You dont know?

  60. Novus Buyer
    March 22nd, 2017 at 09:28 | #60

    I just checked the OSC online portal the information as below :-

    Agensi : Majlis Bandaraya Pulau Pinang, P.Pinang
    No. Rujukan Projek : MBPP/OSC/KT1390/17(LB)/100588-2
    Nama Projek : PERMOHONAN PELAN KERJA TANAH BAGI CADANGAN UNTUK MENDIRIKAN:
    A) FASA 1A – 1 BLOK PANGSAPURI 44 TINGKAT YANG MENGANDUNGI: I. 34 TINGKAT PANGSAPURI (273 UNIT) II. 10 TINGKAT TEMPAT LETAK KENDERAAN DENGAN KEMUDAHAN MASYARAKAT
    B) FASA 1B – 1 BLOK PANGSAPURI 43 TINGKAT YANG MENGANDUNGI: I. 40 TINGKAT PANGSAPURI (96 UNIT) II. 3 TINGKAT TEMPAT LETAK KENDERAAN DENGAN KEMUDAHAN MASYARAKAT DI ATAS LOT 1619 DAN 1620, GERBANG BUKIT KECIL 2, MUKIM 12, DAERAH BARAT DAYA, PULAU PINANG UNTUK TETUAN PRISMA BUMIRAYA SDN. BHD.
    Untuk Tetuan : PRISMA BUMIRAYA SDN. BHD.

  61. Novus Buyer
    March 22nd, 2017 at 09:32 | #61

    As to-date :-

    Status Permohonan : P – PROSES
    Untuk Tetuan (Pemohon) : PRISMA BUMIRAYA SDN. BHD.
    Jenis Permohonan : A15 – Pelan Kerja Tanah
    Tarikh Terima Permohonan : 11-Jan-2017

    So, meaning the earthwork plan still not yet approve by MBPP, therefore there is not possible any construction activities in the near future

  62. JJ
    March 22nd, 2017 at 10:01 | #62

    @NovusAnalyst
    This is what I thought also until Pearl Ocean office says that they are tendering the project

  63. Reen
    March 22nd, 2017 at 23:36 | #63

    I just informed by agent that Prisma Bumiraya wants all buyers to pre-sign the SPA before 19 Apr or else the booking is considered cancelled. I wonder why so rush. They may still need some months to get the permit

  64. Reen
    March 22nd, 2017 at 23:41 | #64

    NovusAnalyst :
    i-Sky offer 700K 1450 sf (i-Sky is sky bunglow design)
    Novus offer 800K 1155 sf (apartment design)

    4.25% is quite low now. I was offered by Maybank for this interest too. Some banks go up to 4.35%. The interest doesn’t bother me much. I am worrying about the delay of previous project orchard would subsequently affect this project

  65. JJ
    March 23rd, 2017 at 00:21 | #65

    Reen :
    I just informed by agent that Prisma Bumiraya wants all buyers to pre-sign the SPA before 19 Apr or else the booking is considered cancelled. I wonder why so rush. They may still need some months to get the permit

    Ok – at least a few are thinking that things are being rushed. The agent keep saying it is “developer’s procedure”

  66. Reen
    March 23rd, 2017 at 06:23 | #66

    JJ :

    Reen :
    I just informed by agent that Prisma Bumiraya wants all buyers to pre-sign the SPA before 19 Apr or else the booking is considered cancelled. I wonder why so rush. They may still need some months to get the permit

    Ok – at least a few are thinking that things are being rushed. The agent keep saying it is “developer’s procedure”

    I would go through the SPA thoroughly and if found it is unclear as mentioned by NovusAnalyst, I wouldn’t sign it. Pretty worry with the delay orchard which my affect this project as you worry too, JJ

  67. Lim
    March 23rd, 2017 at 13:49 | #67

    public islamic offer rate 4.1

  68. Jimmy
    March 23rd, 2017 at 14:20 | #68

    Reen :
    I just informed by agent that Prisma Bumiraya wants all buyers to pre-sign the SPA before 19 Apr or else the booking is considered cancelled. I wonder why so rush. They may still need some months to get the permit

    Hi good day to all,
    I spoken to they lawyer (who called me), i insisted i will only sign when they obtain ADPL permit. I sound on her that I am stake holder and and Pre-Sign SnP is unlawful and i warn her as lawyer, pls do not do un-lawful thing. Else, i will get evident n complain to Bar Council.
    Immediately she softer her tone and back off.

  69. Jim
    March 23rd, 2017 at 14:38 | #69

    Any Pre-Sign SnP is unlawful and i warn her as lawyer, pls do not do un-lawful thing. Else, i will get evident n complain to Bar Council.

  70. Novus Buyer
    March 23rd, 2017 at 14:41 | #70

    @Lim

    Hi, may I know which branch of Public Bank got offer this rate -> 4.1%?

  71. Buyer
    March 23rd, 2017 at 14:41 | #71

    It is wrong to ask buyer to pre-sign SnP. Unlawful.

  72. brian
    March 23rd, 2017 at 15:29 | #72

    @JJ

    Agent contacted you for hurry up sign the S&P ?

  73. Queenie
    March 23rd, 2017 at 16:40 | #73

    APDL permit have not obtain yet, pls do not sign anything.

  74. Reen
    March 23rd, 2017 at 22:35 | #74

    Have to sign before 19 Apr or else developer will assume cancellation and release to other customers who are queuing. Am going to sign the spa tomorrow, if the agreement is relevant

  75. Jim
    March 23rd, 2017 at 22:46 | #75

    Reen, please update us after you sign SPA. Would like to know more about it. Thanks :)

  76. Buyer
    March 23rd, 2017 at 23:13 | #76

    Why u follow their unlawful procedure? Kiasu?
    Pls dont sign, they cannot do anything to u.

  77. Lim
    March 23rd, 2017 at 23:26 | #77

    @Novus Buyer

    butterworth branch

  78. Lim
    March 23rd, 2017 at 23:30 | #78

    @Buyer

    The lawyer called my hubby to sign the SnP also, what if they really cancel our booking if we didnt sign?

  79. Reen
    March 23rd, 2017 at 23:53 | #79

    Is not about kiasu, plz. U may lost what you love to have. The spa will only be stamped and effective after the apdl. U won’t lost anything signing. U can get a draft of spa from the developer before signing. But I mention again, it is DRAFT.

  80. Reen
    March 24th, 2017 at 00:03 | #80

    Oh ya, have to pay 7% down payment upon signing, which means u lost interest while getting nothing from the developer till they stamp after apdl approval

  81. Jim
    March 24th, 2017 at 07:22 | #81

    @Reen

    Just to confirm.. is 3% or 7% for the down payment which we have to pay upon signing?

  82. mountain fish
    March 24th, 2017 at 09:00 | #82

    Very funny here as if Penang has got no more properties to buy or this project is selling at huge discount where you all are rushing to sign so called SPA’s which are even not approved yet. And also paying 10% upfront too.
    Really need to ROTFL.

  83. Reen
    March 24th, 2017 at 09:17 | #83

    Ops, sorry, is 3% to be paid upon signing, onother 7% pay by developer. Developer informed that they expect to get apdl in Apr or may. But to what extent this is reliable, no one knows. I think the only thing we lost if sign early is the 3% payment interest. We could have FD interest for a period of time.

  84. mountain dew
    March 24th, 2017 at 09:26 | #84

    @mountain fish

    1. This property project will be built at a strategic location:
    – easy of access to highways/bridges
    – short time take to work at factories
    – send kids to school
    – restaurants/convenience shops around
    – quick drive to Queensbay
    – surroundings with landed houses in harmony
    – low density
    – unblocked seaview

    That’s what buyers love and many of them are willing to sign SPA asap to secure it.

    2. Have you tried to understand the info/package of this project? If yes, you wouldn’t say paying 10% upfront and show your sour grapes.

    At the end, you’re funny.

  85. Novus Buyer
    March 24th, 2017 at 09:26 | #85

    Frankly to all the serious Novus buyer. I not signing SPA until this project obtained APDL, as many of you mentioned this is the unlawful step and against the HDA procedure.

    I just did the OSC onlie checking regard this project, the building plan just approved on Mar-17, hence there still long process to obtained the APDL.

    Signing SPA must indicate the allocation car park and all accessories parcel in detail, mean at least the SiFUS must approved, or else whatever has been told by the developer maybe not accurate unless they have SiFUS.

  86. Novus Buyer
    March 24th, 2017 at 09:31 | #86

    My opinion, as the developer point of view. They scare we are not genuine buyer, thats why their in the rushing to asked us sign the draft SPA. Dont forget, any signing SPA without stamping which party still have a right to call off……..untill the SPA had stamp

  87. Roger Rabbit
    March 24th, 2017 at 11:57 | #87

    @Reen

    You get peace of mind securing the units early and as you said correctly you only part with 3%. How much in FD interest could you get from a few months? would you rather earn this small amount of FD interest than risk losing the property you want to buy?

  88. Wayz
    March 24th, 2017 at 13:16 | #88

    @Lim
    Hi Lim..Can pm me the banker contact? My email is wayz223@gmail.com.

  89. Lim
    March 24th, 2017 at 14:19 | #89

    @Wayz
    Email u d

  90. Reen
    March 24th, 2017 at 15:18 | #90

    Roger Rabbit, it is up 2 ur choice. If u think that 4% FD interest is much enough than what u can get from the property investment, go ahead with that and have ur unit cancelled la

  91. Reen
    March 24th, 2017 at 15:21 | #91

    Lim, I called public bank and found out that 4.1% is only for the first month. Could u verify with us?

  92. Reen
    March 24th, 2017 at 15:22 | #92

    Sorry, ***1st year

  93. Jim
    March 24th, 2017 at 16:00 | #93

    @Reen

    Just confirmed with Public Bank Relau branch.

    4.1% for the 1st year
    4.22~4.27% for the 2nd year

  94. Jim
    March 24th, 2017 at 16:08 | #94

    Jim :
    @Reen
    Just confirmed with Public Bank Relau branch.
    4.1% for the 1st year
    4.22~4.27% for the 2nd year

    Correction:
    4.22~4.27% for the 2nd year onwards.

  95. Lim
    March 24th, 2017 at 16:39 | #95

    @Jim

    i go and confirm again.

  96. Lim
    March 24th, 2017 at 18:45 | #96

    sorry to mislead all of u. i jus confirmed with the banker, the loan rate for first year 4.1, following years 4.22

  97. Buyer
    March 24th, 2017 at 23:03 | #97

    The lawyer told me will cancelled me if i dont pre-sign the SnP, i piss off and sound to the lawyer, i warn them if they dare to cancel me i will complain and show prove to Bar Council, and his voice 100% turn and follow me direction. He agreed on my insist, only sign SnP after ADPL approved.

    I also laugh at them, are u Pasar Malam or Kampung Lawyer, how can mislead all buyer like this. Last time Penang buyer kiasu (due to hot market). Today, Hahaha, cash in King. You make the call.

    Reen, your are too rush and worry.

  98. Ken
    March 24th, 2017 at 23:05 | #98

    When i warn the lawyer will complain them if the threaten me to Pre-Sign the SNP, I will complain to Bar Council. He scare and 100% follow me

  99. Novus Buyer
    March 27th, 2017 at 10:48 | #99

    Buyer :
    The lawyer told me will cancelled me if i dont pre-sign the SnP, i piss off and sound to the lawyer, i warn them if they dare to cancel me i will complain and show prove to Bar Council, and his voice 100% turn and follow me direction. He agreed on my insist, only sign SnP after ADPL approved.
    I also laugh at them, are u Pasar Malam or Kampung Lawyer, how can mislead all buyer like this. Last time Penang buyer kiasu (due to hot market). Today, Hahaha, cash in King. You make the call.
    Reen, your are too rush and worry.

    I agreed with you and I will talk the same thing to the lawyer

  100. Novus Buyer
    March 27th, 2017 at 10:51 | #100

    Anyone go for AffinBank? I noticed AffinBank have a benefit (Sharing Risk-No need to pay if the project abandon).

    The disadvantage of AffinBank is the BR is 4.34% to 4.37%.

  101. sri nibong
    March 27th, 2017 at 11:23 | #101

    fyi, it is quite noisy whenever there is a aeroplane over the sky. for those high floor unit, think properly.

  102. Novus Buyer
    March 27th, 2017 at 13:01 | #102

    sri nibong :
    fyi, it is quite noisy whenever there is a aeroplane over the sky. for those high floor unit, think properly.

    I dont think so is a issue. Usually the aeroplane route is not permitted to built any high rise building and there is a total building high control. Therefore aeroplane will on very high sky and is it still an issue? Other, please advise

  103. noisy
    March 27th, 2017 at 14:53 | #103

    @sri nibong

    It is near to airport. Planes fly low during landing and departure. You can’t avoid the noise.

  104. Ken
    March 27th, 2017 at 16:24 | #104

    Everyday can see Airplane.

  105. koa loh keh
    March 27th, 2017 at 16:29 | #105

    This place is goodlah. just i can’t afford the price. :(
    but may be the entrance have to enter through
    the terrace house side land ?

  106. Novus Buyer
    March 28th, 2017 at 10:01 | #106

    There is a Novus Residences FB friends page, if you interested search over your FB (Novus Residences)

  107. JJ
    March 28th, 2017 at 14:44 | #107

    Buyer :
    The lawyer told me will cancelled me if i dont pre-sign the SnP, i piss off and sound to the lawyer, i warn them if they dare to cancel me i will complain and show prove to Bar Council, and his voice 100% turn and follow me direction. He agreed on my insist, only sign SnP after ADPL approved.
    I also laugh at them, are u Pasar Malam or Kampung Lawyer, how can mislead all buyer like this. Last time Penang buyer kiasu (due to hot market). Today, Hahaha, cash in King. You make the call.
    Reen, your are too rush and worry.

    @Buyer

    Agreed on SnP signing after APDL, but buyers have signed the booking form which states the 28 days period.
    So, how is it?

  108. JJ
    March 28th, 2017 at 14:49 | #108

    @brian

    Yup….
    Also got a reminder (or rather “warning”) letter from the lawyer that letter of offer is not received or risk cancellation by 19 April.
    I am annoyed by how the lawyer presents itself here – SnP pre-signing is unlawful but yet they hurry up buyers to do it and being entirely on the developer’s side

  109. Robin Hood
    March 28th, 2017 at 14:52 | #109

    i think its fair that one should give up their unit if they are not prepared to sign the SPA although APDL has not been issued.

    If you want to wait until APDL then you should insist that your booking fee be returned and forgo the unit you want and select your unit again when you are ready to sign the SPA. Im sure the developer is ready to return the booking fee.

    It is unfair to keep the developer waiting as they too are not sure if you will forgo your unit after the APDL is obtained. Opportunity cost would have been lost.

  110. Ken
    March 28th, 2017 at 15:49 | #110

    JJ :
    @brian
    Yup….
    Also got a reminder (or rather “warning”) letter from the lawyer that letter of offer is not received or risk cancellation by 19 April.
    I am annoyed by how the lawyer presents itself here – SnP pre-signing is unlawful but yet they hurry up buyers to do it and being entirely on the developer’s side

    Any contract or agreement if signed under depression or any pressure, will consider unlawful. I dare lawyer dare to force us to do so. Bar Council is the place to complain.

  111. Ken
    March 28th, 2017 at 15:52 | #111

    Robin Hood :
    i think its fair that one should give up their unit if they are not prepared to sign the SPA although APDL has not been issued.
    If you want to wait until APDL then you should insist that your booking fee be returned and forgo the unit you want and select your unit again when you are ready to sign the SPA. Im sure the developer is ready to return the booking fee.
    It is unfair to keep the developer waiting as they too are not sure if you will forgo your unit after the APDL is obtained. Opportunity cost would have been lost.

    That in not fairness issue here, it is just buyer like us want to excise our right. And also we do not continue to support any act like pre-sign SnP.

  112. gg
    March 28th, 2017 at 18:41 | #112

    @Robin Hood

    No worry. The developer is clever than us and will know what to do with them. Those interested and not able to secure any unit thus far, please do contact more often with the developer. You will sure get one soon, for sure.

  113. Ken
    March 28th, 2017 at 21:08 | #113

    I have warn the lawyer, if they cancel me, i will complaint to Bar.

  114. JT
    March 29th, 2017 at 01:06 | #114

    What is the price psf after all the rebate?
    Queens residence after rebate is around Rm850psf but with direct seaview etc.

  115. brian
    March 29th, 2017 at 07:50 | #115

    JJ :
    @brian
    Yup….
    Also got a reminder (or rather “warning”) letter from the lawyer that letter of offer is not received or risk cancellation by 19 April.
    I am annoyed by how the lawyer presents itself here – SnP pre-signing is unlawful but yet they hurry up buyers to do it and being entirely on the developer’s side

    Ken :

    Robin Hood :
    i think its fair that one should give up their unit if they are not prepared to sign the SPA although APDL has not been issued.
    If you want to wait until APDL then you should insist that your booking fee be returned and forgo the unit you want and select your unit again when you are ready to sign the SPA. Im sure the developer is ready to return the booking fee.
    It is unfair to keep the developer waiting as they too are not sure if you will forgo your unit after the APDL is obtained. Opportunity cost would have been lost.

    That in not fairness issue here, it is just buyer like us want to excise our right. And also we do not continue to support any act like pre-sign SnP.

    Yup if we follow and accept such a trend for this developer of signing pre-snp, believe soon all will follow since we cant accept one why no accept all…

  116. Ken
    March 29th, 2017 at 08:53 | #116

    Queens Phase 2 is RM1000 psf now. Direct sea view unit.

  117. mountain fish
    March 29th, 2017 at 09:44 | #117

    mountain dew :@mountain fish
    1. This property project will be built at a strategic location:– easy of access to highways/bridges– short time take to work at factories– send kids to school– restaurants/convenience shops around– quick drive to Queensbay– surroundings with landed houses in harmony– low density– unblocked seaview
    That’s what buyers love and many of them are willing to sign SPA asap to secure it.
    2. Have you tried to understand the info/package of this project? If yes, you wouldn’t say paying 10% upfront and show your sour grapes.
    At the end, you’re funny.

    Everything looks fine etc etc etc but the thing that’s not fine is the unlawfull act of signing so called pre SPA.
    Paying a booking fee to secure is acceptable. Do you see those top 10 developers commit such acts of pre signing ??? Does the HDA act allow such transactions. No need to ask also know it’s unlawful to do so.
    I think there are a lot of desperate housing agents or developer’s staff active in this forum.

  118. Robin Hood
    March 29th, 2017 at 10:01 | #118

    @Ken

    It is an issue of fairness. You want to lock your unit but refuse to sign the spa? where’s the fairness in that? if its because of the APDL, then dont sign (nobody is forcing you to and you have the right not to proceed) . Take back your booking fee, be prepared to forgo your unit and come back when you’re ready but dont complain if you have lost your unit to someone else who is prepared to take the risk. You can hold on to your buyers rights or whatever but you have got to be fair too. You cant have your cake and eat it at the same time.

  119. Robin Hood
    March 29th, 2017 at 10:18 | #119

    @Ken

    Dont sign if you are not ready and dont even pay the booking fee since there is no APDL. Its just as simple as that. If I was the developer dealing with you I would return your deposit immediately and cancel the sale. There will be many others who are waiting to buy your unit.

  120. gg
    March 29th, 2017 at 10:41 | #120

    @Robin Hood

    Don’t waste your time arguing here. If you are interested, please call the developer now to reserve for you and again on 19 Apr. I am sure you will get your unit then.

  121. Robin Hood
    March 29th, 2017 at 11:14 | #121

    @gg

    Its not about arguing or whether I am interested in buying a unit or not, its to show how unreasonable some of you are. For the record , I am not buying any property from this project. You can go on whinging and whining about your rights etc. Go ahead and exercise them but at the same time be prepared to take the risk that you will lose your property. If you choose to book a property without APDL then face the consequences that follow, if you are not prepared then follow the law but dont issue threats blah blah blah, when you have consciously chosen to book the property without an APDL in the first place.

  122. Ken
    March 29th, 2017 at 11:39 | #122

    Either his is from Developer or Buyer.
    We are just maximize our stake holder or purchaser right. Nothing wrong.
    This is the risk that developer need to take.

  123. Auntie Lim
    March 29th, 2017 at 11:41 | #123

    Pls do not protect developer until people think u are developer proxy in this forum.
    Too obvious already

  124. Auntie Lim
    March 29th, 2017 at 11:46 | #124

    Any comment that advantage to buyer, is good to share here. Buyer should command the market now (buyer market) and do not let developer control the price and pass the risk to us.

    Surely Orchard Ville will be a risk for Novus. The high court have sentence Minister mis-used power to prolong the delay of VP date for this project. From where the money to pay Orchard Ville buyer, from Novus buyer money ?

  125. mountain fish
    March 29th, 2017 at 11:53 | #125

    It’s more about whether it is the correct procedures or not in dealing with such transactions.
    The final decision rests on the prospective buyers in whichever decision they want to choose.
    1) Go ahead to pre sign the SPA knowing it is unlawful to do so or
    2) Wait till the actual SPA can be prepared.

    Just the onus here is whether the situation is so desperate that such tactics of intimidation by the seller is required as mentioned by some of the prospective buyers here.

  126. JasonChan
    March 29th, 2017 at 11:59 | #126

    Ministry are appealing and may need longer time to finalize. OrchardVille owner are waiting for the final appeal result before launching sue and claim huge among from developer RID (PearlOcean). Worry of half way Novus constructing, and suddenly need to face huge claim from orchardville owner, it definitely will be on the expense of Novus cost and quality.
    Too bad.

  127. Novus Buyer
    March 29th, 2017 at 13:03 | #127

    As a buyer or investor point of view. Developer must expedite the application of the APDL rather to force us for signing any pre-SPA. Pre-signed SPA is unlawful, once anyone lodge the complaint regards this to BAR council or KPKT, then this project sure under investigation and will effected the APDL. This is I call loose-loose situation.

    Think about the win-win situation, for those genuine buyer can go to apply loan now. Let the banker inform the Developer upon applicator loan approved. Developer concern only worry those booked buyer cannot get the bank loan. As a genuine buyer, once the APDL ready, we will sign the SPA without any doubt.

  128. Novus Buyer
    March 29th, 2017 at 13:05 | #128

    There is a FB page for Novus Residences. You can get more information regards this project over that FB page. Creator claiming is the Novus buyer

  129. brian
    March 29th, 2017 at 14:16 | #129

    JasonChan :
    Ministry are appealing and may need longer time to finalize. OrchardVille owner are waiting for the final appeal result before launching sue and claim huge among from developer RID (PearlOcean). Worry of half way Novus constructing, and suddenly need to face huge claim from orchardville owner, it definitely will be on the expense of Novus cost and quality.
    Too bad.

    Yeah, Hopefully they don used novus as a cutting cost platform in order to save the cost….especially the the building design…. you only get 50% as per delivered

  130. JJ
    March 29th, 2017 at 15:06 | #130

    Just a series of events that leads to today:

    -Project marketed to be under RID before CNY
    -Showroom in Pearl Ocean office after CNY
    -Called RID;said project is not under them (So, the is the project presentation before CNY a pure mistake or otherwise?)
    -Called Pearl Ocean early March; said Novus is being tendered out and no contractor is appointed yet (not sure now)
    -Called panel lawyer to enquire on Orchardville; said was due to TNB commissioning.
    Conversation leads to Novus – developer might put longer completion period to avoid LAD again and also not obliged to state unit measurements in SnP (what’s this??)
    -Court’s ruling on Orchardville favours buyers; a concern that Novus might be compromised

  131. Robin Hood
    March 29th, 2017 at 16:52 | #131

    @brian

    Bro have you awaken from your slumber? this trend of signing spa pre-APDL is going on with most developers lah!

  132. Robin Hood
    March 29th, 2017 at 16:56 | #132

    @Auntie Lim

    Please do not assume. I have never worked for any developer. I am also a consumer in the market. I am only stating my view which i feel is fair. You guys are really funny, the moment someone takes a stand that doesnt sound like music to your ears then he/she must be from the developer. Be more mature in your reasoning please.

  133. Robin Hood
    March 29th, 2017 at 17:00 | #133

    @Auntie Lim

    Very amusing comments and conclusions you have made. I hope you are not a university graduate or a professional. The dean of your Uni will be embarassed reading your comments . If you see so many shadows dont buy lah ! why make silly assumptions and conclusions without evidence? The message im trying to send here is there are many people willing to take risks lah. your loss is their gain. choice is yours.

  134. Robin Hood
    March 29th, 2017 at 17:02 | #134

    @mountain fish

    If indeed intimidation was used then its wrong. But why should you be intimidated? If not preparedand scared of the developer..DONT BUY LAH ! Why place a booking fee for a property which has no APDL in the first place? Your loss is another’s gain. Thats all.

  135. Robin Hood
    March 29th, 2017 at 17:15 | #135

    Ask yourselves this simple question. why is the trend of signing pre-APDL going on with many developers? If no one is signing im sure the practice would stop. But why??? Thats because the majority of people dont think like you bunch of narrow minded nuts who are seeing shadows everywhere.

  136. Jayden
    March 29th, 2017 at 18:30 | #136

    Did anyone ask lawyer if they can add detail info into s&p, for example the layout size. If the built up is not the same, buyer has the right to cancel & developer to refund

  137. mountain fish
    March 29th, 2017 at 18:59 | #137

    @Robin Hood
    Maybe your reading & interpretaion skills are a bit out. Let me rephrase in more simpler terms.

    1) I am not intimidated at all. I have no idea whereby I stated that I was.
    2) I am not a Buyer either. Never mentioned too.
    3) I also never paid any booking fee. No idea where it was stated that I did so.

    I have zero loss here & would be very pleased if others can gain. It’s good that all buyers gain for the Penang market. And specifically I dont need any gains from here either. I have more than enough. No need for me to be kiasu or kiasi.

  138. koa loh keh
    March 29th, 2017 at 19:15 | #138

    For What i know is, developer can’t sell the property without
    APDL. Now ask buyer to sign the preAPDL S&P?
    Jayden dun need to ask lawyer to add anythinglah. This S&P is legal or
    illegal also dun know.
    and why developer so keen ask buyer to sign S&P ?? the sales bo la ku meh??

  139. Interested
    March 29th, 2017 at 19:51 | #139

    I’m waiting for people who are willing to let go of their booked 862 sqft units…

  140. Reen
    March 29th, 2017 at 22:01 | #140

    The pre-sign SPA habit has been practicing by many developers for many years, including in KL. It is just a pile of useless papers without stamping. If you think reject the signing can change this nationwide habit while have your unit secured, then too ignorant i would say. The are plenty of interested buyers queueing with their cheques ready. As long as the terms in SPA are relevant and all schedules are included, it is safe to sign. The RM5000 booking fee is with the lawyer firm. U still have it refunded if perbandaran disapproves the APDL. U lost nothing. Well, maybe your time.

    And guys, don’t be too short sighted!! The major concern about this project isn’t signing the SPA prior to APDL, but the compensation of Orchad Ville. If the developer was to pay, you should worry this huge payment would subsequently compromise this project.

    But this developer has many ongoing projects, including the new launched Quinton in Balik Pulau. Their previous projects like Boulevard and Maven are good. I believe their delay on Orchad Ville isn’t due to financial issue, but its theme “orchard”. RID is the very first developer in Penang who dares to introduce such concept in Penang. This project is too huge, with 12 acres. Financially it should be strong enough.

    Plz look at bigger picture. Stop arguing the matter of signing or not signing. The pen is in your hand, no one points the gun on your head. Plz put your very concern at the right aspect of issue, analyze critically.

    These are what I had analyzed, hope these would give u some opinions.

  141. JJ
    March 29th, 2017 at 22:23 | #141

    @Reen

    Hi Reen, thanks for the input.

    How sure is it that Pearl Ocean (or Prisma Bumiraya) is still associated with RID?
    Pearl Ocean has said that they have broken away from RID

  142. gg
    March 29th, 2017 at 22:39 | #142

    @Reen

    I fully agree with your analysis. I would be happy if anyone is to not sign it because I am very sure the unit will be made available to others that include me, if I decided to call the developer as waiting list.

  143. Reen
    March 29th, 2017 at 22:44 | #143

    @JJ

    Very sorry JJ. I have no idea on this questions but it is good to find out though. Actually I had read thru’ the real SPA, all schedules, including project location, unit layout and size, car park allocation are all clearly stated in the SPA. There is also a supplementary doc which includes the RM22000 and RM8888 cashback. All are clearly stated actually.

    And I would like to rectify that I am here not to influence u guys sign nor reject the SPA, but share what what I had been go thru’ so far so that we, maybe neighbours in the future can get a clearer pictures, any concern or issues about this project.

    By the way, I havent sign, waiting for the deadline

  144. Reen
    March 29th, 2017 at 22:51 | #144

    And guys, anyone is free to give their opinion at this site. We do not know who are the real buyers and others so called “spy” who influence our decision. U hold the pen. Do think thoroughly, analyze all aspects and look at bigger pictures. Thanks

  145. JT
    March 29th, 2017 at 23:20 | #145

    Ken, still have few units of Phase 1 left. Thats why i am wondering why people buy this instead of Queens residence?

    @Ken

  146. Robin Hood
    March 30th, 2017 at 10:24 | #146

    @Reen

    Finally a very sensible view . Couldnt have put it better

  147. Wah Seng
    March 30th, 2017 at 11:00 | #147

    A very interesting discussion we have going. Good good. I think Robin Hood tried to provide some advice but maybe it didnt come out so well and perceived as siding with the developer. The moral here is looking at the bigger picture. Im going to place my booking for a unit soon and sign the spa ASAP.

  148. Novus Buyer
    March 30th, 2017 at 11:40 | #148

    Signing Pre-SPA for uncertain and can the developer advise how long the VP upon signing? 3 years from the date of signing……for sure this so call Pre-SPA will keep dunno for how long for stamping. Since the major motive of the developer only want to know who is the genuine buyer, why the developer still cannot satisfy if the so call keen buyer with the loan approve. My very humble opinion

  149. Wah Seng
    March 30th, 2017 at 12:34 | #149

    @Novus Buyer

    which unit did you buy?

  150. Wah Seng
    March 30th, 2017 at 12:41 | #150

    @JJ

    I did some checks and found out that the management and the MD running the show are the same people who were at RID running the show. Hope this answers your question. But why should are you so concerned ? I am more comfortable that the same people are running the show because they have proven track record and wont fail me

  151. Interested
    March 30th, 2017 at 13:49 | #151

    This is very simple to decide:

    Trust the developer – sign SPA
    Don’t trust the developer – get your booking fee refund

    That’s all. 2 cents.

  152. Novus Buyer
    March 30th, 2017 at 13:59 | #152

    They collected my booking fees and my housing loan had approved. Without APDL, I not going to sign the pre-SPA. If developer dare to cancel my booking, I will lodge my complaint to BAR and KPKT. This is my right as a purchaser.

  153. Reen
    March 30th, 2017 at 14:55 | #153

    @Wah Seng

    The completion date of Orchard is due and the developer applied extension from the ministry. The buyers are now taking legal action for the compensation. If the court orders RID to pay the compensation, we afraid this would affect Novus project.

  154. Jim
    March 30th, 2017 at 15:13 | #154

    Approved already? Just checked the osc online portal..

    Status Permohonan :
    L – LULUS
    Agensi :
    Majlis Bandaraya Pulau Pinang – P.Pinang
    Kategori Projek :
    A – Projek Biasa
    Jenis Pemajuan :
    A – Perumahan
    No. Fail Rujukan Permohonan :
    MBPP/OSC/KT1390/17(LB)/100588-2
    Tajuk Permohonan :
    PERMOHONAN PELAN KERJA TANAH BAGI CADANGAN UNTUK MENDIRIKAN:
    A) FASA 1A – 1 BLOK PANGSAPURI 44 TINGKAT YANG MENGANDUNGI: I. 34 TINGKAT PANGSAPURI (273 UNIT) II. 10 TINGKAT TEMPAT LETAK KENDERAAN DENGAN KEMUDAHAN MASYARAKAT

    B) FASA 1B – 1 BLOK PANGSAPURI 43 TINGKAT YANG MENGANDUNGI: I. 40 TINGKAT PANGSAPURI (96 UNIT) II. 3 TINGKAT TEMPAT LETAK KENDERAAN DENGAN KEMUDAHAN MASYARAKAT

    DI ATAS LOT 1619 DAN 1620, GERBANG BUKIT KECIL 2, MUKIM 12, DAERAH BARAT DAYA, PULAU PINANG
    UNTUK TETUAN PRISMA BUMIRAYA SDN. BHD.
    Untuk Tetuan (Pemohon) :
    PRISMA BUMIRAYA SDN. BHD.
    Jenis Permohonan :
    A15 – Pelan Kerja Tanah
    Tarikh Terima Permohonan :
    11-Jan-2017

  155. Wah Seng
    March 30th, 2017 at 15:15 | #155

    @Reen

    Dont worry too much. I have a strong feeling the developer will offer a compensation package . developers know too well that they will not win if they go to court. It makes sense to settle matters amicably. If they offer a compensation package it would mean that they are sure of their cash flow.

  156. Wah Seng
    March 30th, 2017 at 15:18 | #156

    @Interested

    Yeah you are absolutely correct. That is the long and short of it but I guess every one has a different method of expressing opinion

  157. Hello
    March 30th, 2017 at 15:19 | #157

    This project application has been approved on OSC online portal?

  158. Reen
    March 30th, 2017 at 15:19 | #158

    Let’s stop arguing APDL and pre-sign, shall we? The biggest concern isn’t APDL, but to what extend is the developer creditable. So what if u have APDL approved on time but lastly receive a defective or abandoned unit??? Do evaluate the seriousness of these 2 factors…

    Orchard buyers are now agreed to take legal action against RID for compensation of delay. I am not sure how they calculate the compensation per unit but as I know, it involves a huge amount of money. I am very worry that the compensation would compromise Novus project. This should be our major concern.

    What are your thoughts, folks? Plz share it.

  159. Wah Seng
    March 30th, 2017 at 16:22 | #159

    @Reen

    Compensation is calulated at 10% per annum on the balance purchase price until VP is delivered. if you have any information on the number of days late and the number of units involved you will be able to get a rough estimate. It may run into millions.

    For me whether or not the compensation package will affect the Novus project is something that you shouldnt even worry as it is something out of your control. So what if they have to pay compensation? Are you going to conclude that they have no money to complete Novus? How do know they dont have the money? Its anyone’s guess.

    Why dont you think positive instead since you have already booked a unit? Back to what someone stated earlier, if you dont trust the developer then dont proceed.

  160. Robin Hood
    March 30th, 2017 at 16:27 | #160

    Aiyoh Reen, you are very negative lah! I thought you were very sensible in your comments on the APDL. No use worrying over whether they can complete Novus or not lah! dont waste time cos they will not show you their bank account !

  161. sri nibong
    March 30th, 2017 at 17:55 | #161

    i heard there is phase 2 just opposite the novus. Will it block the the seaview side?

  162. sri nibong
    March 30th, 2017 at 17:59 | #162

    @Novus Buyer

    It is noisy when the plane fly over. And it is quite frequent. You can go and survey the site.

    Besides, i do see there is another project near petrol station at sg nibong. Anyone here has info?

  163. Reen
    March 30th, 2017 at 18:36 | #163

    Every factor counted and considered. Undoubted that some are out of our control, but it is worth to take into consideration. It is not a RM100 toy.

    200 units filled for compensation as what i know.

  164. gg
    March 30th, 2017 at 19:17 | #164

    It is good to list down the pro and con. Thereafter, must make decision to proceed or not. If still have doubts, better back off.

  165. May
    March 30th, 2017 at 19:39 | #165

    Very fishy for a developer to threaten buyers who refuse to pre-sign SnP. Are they here for long term?

  166. Wendy
    March 30th, 2017 at 19:48 | #166

    Hi all, good day.
    I read FB forum, i think i will not pre-sign the SnP until they obtained ADPL permit.
    This is clear cut unlawful act. Pre-sign mean u are given a blank check. Pls alert this

  167. Hello
    March 30th, 2017 at 20:17 | #167

    They’re going to obtain APDL for this project. Application for Borang Rekod Pelan Kejuruteraan (PJ) is now showed PASS.

  168. Wf
    March 30th, 2017 at 22:45 | #168

    Well there are so many choices of condo within few km. but I had to admit the is super strategic location…..but hey, why don’t consider the landed properties there?
    Isn’t that make more sense for long term capital gain and no maintenance fees. At RM1M onwards there are plenty of choices of sub-sale DST terrace.

    I felt annoyed people are keep complaining and there are long threads of fruitless discussion, while you have other options available.

    May be I am too conventional or am I confused with the fundamentals of properties owning…..that came from land ownership especially if the land is very strategic.

    Please enlighten me.

  169. JT
    March 31st, 2017 at 01:52 | #169

    One thing i observe over the years which never change. Those cheaper property usually a lot of noises from buyer, maybe because a lot pf engineers. Those super condos etc, you will not see so much noise or concern. No wonder FTZ workers remain workers all these years

  170. Novus Buyer
    March 31st, 2017 at 08:56 | #170

    This is from the REHDA website http://rehda.com/new-apdl-requirement/

    “New APDL Requirement
    The Ministry of Urban Wellbeing, Housing and Local Government has imposed a new condition on the Advertisement and Sale Permit under Regulation 5 (4) of Housing Development (Control and Licensing) Regulations 1989 which requires developers who sell more than four units of houses to an individual/company to register the purchaser with the Housing Controller within 14 days from the date the Sale and Purchase Agreement (SPA) is signed. The imposition is effective from 16 May 2014.”

  171. ThinkPositive
    March 31st, 2017 at 16:07 | #171

    @Reen

    No one can address the issue of how the devloper is going to deal with the Orchard delay accurately here. So why even consider this an issue? The answers you will get will most likely discourage you from buying. They will all be guesses and conjectures. Are you going to base your decision on such things ah? Can we discuss more constructive issue pls instead of complaining over issues that no one can resolve.

  172. Lionel Messi
    March 31st, 2017 at 16:10 | #172

    @JT

    Have to agree with you on this. LOL.

  173. Robin Hood
    March 31st, 2017 at 16:13 | #173

    @Wf

    Yeah correct complaining over small issues without seeing the bigger picture. Wanna buy property but make noise here.

  174. Novus Buyer
    April 1st, 2017 at 01:05 | #174

    Spoken to The Chambers of Chong and You. For those no apply loan or loan rejected, the booking will cancel automatically after 19-04-17. I think fair enough, then the open unit will sure increase the pricing……….For those genuine buyer, sure apply loan without any hesitation

  175. Reen
    April 1st, 2017 at 10:02 | #175

    Not complaining la dudes, don’t be so short sighted! Is discussing some issues which may arise. Analyze thoroughly and see it as a whole. We are all here to see every aspect from different perspectives, get to know any update and progress, or else what’s the point be here?

    latest update: It seems that route to APDL is getting nearer. From today onwards, any loan rejected or canceled unit will be released and prices are revised. Congrats to those who have their units in hand

  176. Wendy
    April 1st, 2017 at 15:15 | #176

    Rm8,888 no more, now is Rm3,999. Unit price will up? I am not sure

  177. Novus Buyer
    April 2nd, 2017 at 07:32 | #177

    Wendy :
    Rm8,888 no more, now is Rm3,999. Unit price will up? I am not sure

    Yes, Pear Ocean had road show at QB, the price already increase and 10 units only remaining

  178. Reen
    April 2nd, 2017 at 10:12 | #178

    I heard got 3 car parks?

  179. Novus Buyer
    April 2nd, 2017 at 14:56 | #179

    Reen :
    I heard got 3 car parks?

    Yes, 3 car parks and price increase 30k

  180. Reen
    April 2nd, 2017 at 18:46 | #180

    I heard got 3 car parks?

    @Novus Buyer
    Plus minus, it is like spending rm30 to buy an extra car park

  181. Hello
    April 2nd, 2017 at 19:52 | #181

    In overall early bird buyers have the advantage. If early bird buyers would like to purchase an extra car park, just spend 22k~28k.

  182. Kuek
    April 3rd, 2017 at 00:19 | #182

    @Hello

    Yes, i purchased the 3rd carpark at 22k. Anyone bought 3rd carpark too?

  183. Kuek
    April 3rd, 2017 at 00:24 | #183

    anyone already got your loan approved can share your interest rate?
    **especially owners of 860sqft unit**

    the best offer i got is 4.30%, anyone get better than 4.30% can share more tips or info?

  184. Hello
    April 3rd, 2017 at 07:08 | #184

    @Kuek

    Public Bank offers 4.22~4.27%.
    But need to buy their MRTA in order to get this package.

  185. niu
    April 3rd, 2017 at 09:12 | #185

    hello all, i m interest in this project, may i know all their so call 12% rebate, cash rebate RM3888 and the 4 stage cash rebate for the interest, will they gv black and white to us, either in S&P or after gv booking fee?Coz all this attractive package now talk only, ant black and white to safeguard us?

  186. niu
    April 3rd, 2017 at 09:13 | #186

    any black and white to safeguard us?

  187. Kuek
    April 3rd, 2017 at 10:11 | #187

    @Hello
    That’s the problem of Public Bank, I don’t want to take their offer because of the compulsory MRTA. U accepted Public Bank?

  188. Novus Buyer
    April 3rd, 2017 at 12:15 | #188

    Reen :
    I heard got 3 car parks?
    @Novus Buyer
    Plus minus, it is like spending rm30 to buy an extra car park

    Agreed

  189. Shahrul
    April 3rd, 2017 at 12:29 | #189

    @Novus Buyer

    quite wirth it actually cos nowadays standard units dont even come with 2 car parks d. Can see it as paying 30 for 2 car parks meaning 15k each

  190. Novus Buyer
    April 3rd, 2017 at 12:52 | #190

    Hello :
    @Kuek
    Public Bank offers 4.22~4.27%.
    But need to buy their MRTA in order to get this package.

    AffinBank offer BLR 4.34% flexi loan. Most attractive is the “Sharing No Risk, No need to pay if the project abandon) and no lock in period for early settlement.

  191. Novus Buyer
    April 3rd, 2017 at 12:54 | #191

    Shahrul :
    @Novus Buyer
    quite wirth it actually cos nowadays standard units dont even come with 2 car parks d. Can see it as paying 30 for 2 car parks meaning 15k each

    Good news is this project still very popular in the current market now

  192. Wendy
    April 3rd, 2017 at 13:37 | #192

    i got 4.25% from MayBank

  193. Hello
    April 3rd, 2017 at 13:59 | #193

    @Kuek

    I haven’t accepted it yet. Currently considering other banks such as Maybank (4.35% avg, semi-flexi) and AffinBank. MRTA is a trouble for me to get into lower interest rates, as i have home insurance from Great Eastern currently.

  194. Hello
    April 3rd, 2017 at 14:01 | #194

    Hi @Wendy
    May I know which Maybank branch you’re able to obtain 4.25%?
    Thanks.

  195. Shahrul
    April 3rd, 2017 at 14:59 | #195

    @Novus Buyer

    The location is good. Im considering getting a unit there

  196. Wendy
    April 3rd, 2017 at 15:21 | #196

    HQ

  197. Hello
    April 3rd, 2017 at 17:06 | #197

    Thanks @Wendy .

    Btw do any buyers here already know your allocated carparks at which floor, even though you haven’t signed SPA yet?

  198. Reen
    April 3rd, 2017 at 20:40 | #198

    Maybank 4.25%. The interest is depending on your MRTA too.

  199. Reen
    April 3rd, 2017 at 20:42 | #199

    There are some units to be released on this coming 7 Apr. Those who are interested do keep in touch with developer or agents and have your booking fee ready

  200. Will
    April 4th, 2017 at 15:35 | #200

    Hello all. I heard when sign the S&P, we have to sign an agreement, giving right to developer to change the outer layout? very unfair ler like this…

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