Hi guys,

I just saw in iproperty got new project retail with very nice modern design that will be icon for that area in future. The price is reasonable from RM180k for 120 sf. Do you have any opinion for that because its if good return why not can try?

Website~ www.hattengrp.com

120 sf?

Accordingly to Realproperty and most of the feedback - Not a good take for this...

RM1500psf.......%(#)(*)(#*$()#

TS, are you talking about silverscape luxury residence? here's what i found : http://www.hattencity.com/silverscape_floorplan.html

But it didn't state the size how many sf. anyone knows hoe to interpret the floor plan? maybe TS mean 1200sf, just typo error? anyway they are having a launch this coming weekend. but dunno for what products la.

@cutealex, any news link for your claim?

i saw the project site .
Not bad .location is ok ok only
not sure the price

120sf, im talking about commercial

Hey guys, Anyone went for their official launching??
I went to Malacca for their launch to have a look. Very good response leh.

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Added on April 30, 2011, 11:37 amTheir retail lots especialyl the smaller sizes one on 1st and 2nd floor are finishing fast leh. Im very interested with the L2-027 & L2-028 units but not enough money.. Plus got 15% discount this weekend, got 7-8%GRR and no interest at all during construction..

This post has been edited by henryhing: Apr 30 2011, 11:37 AM

what is the price per sq ft?

rm1800+ psft for retail and rm550 for apartment suites

Is the tender out d?

The guarantee return for the commercial looks very tempting. Especially for a commercial property, a guarantee is very important because the first few years might have no tenants. The guarantee is by Hatten itself, not by some 3rd company that might go bankrupt, so you don't have to worry about that.

There are actually still a few more good units in level 2 near the escalator that are still for sale although has been marked as sold on the floor plan. You will need to dig from the right sales person. * hint hint *

p/s : i'm not THAT sales person! HAHAHA!! =D

This post has been edited by jackyyong: Aug 4 2011, 11:18 AM

I want to update about my experience with Hatten. I made a booking with them for Elements Mall, and paid booking fee of RM10,000. I proceeded to apply for the loans. I am working only part time in a tuition centre, so I do not get EPF and income tax. I submitted my documents to the bank and I got rejected, which is fine.

The problem comes when Hatten said that they will forfeit my booking fee of RM10,000!! Their crazy reason is that I did not submit enough documents to the bank, they are expecting the income tax Borang E, which I do not have! How dare they do that? That is so unfair to people who have low income like myself!!

I have made a big ruckus to them. At the moment I am still waiting for their reply, IF they reply at all. If not, I guess I have no choice but to go to the highest authorities.

they purposely go to invest fair to promote thier property... if good no need to go there and hard sell la..

Actually quite good sales for hatten city. More 90% sold by now, a lot of Singaporean buying maybe. No parking provided also , u need to rent monthly ...

sad to hear that. is it written on black and white that ur deposit will be forfeited if u cant get loan?

1) should consult a lawyer.
2) this kind of price is crazy for melaka.

This developer is oso selling M square shopping center
/millenia city puchong.

I have bought two units, one is Condominium another one is their Retail. The process was very smooth as i purchased by their own Staff. happie with their service.

I HAD A UNIT RM1.5M NO NEGO.INTERESTED PLS PM.

anyone buying the condo?
no much news about tis project huh?

If you know the hattengroup boss, you wont buy this. They are in quite a big financial crisis. Only insiders will know this. If u still want to tk the risk, you cn try ur luck. But thr must be a reason why they r so aggressive promoting everywhere even in penang.

Try to avoid this one.

icic, thanks for the info. but the gov sort of supporting this project, and even hilton signed the contract with them, arent these secured the project?
juz come across it in OneU last week, shpould be in midvalley this week, will ask more about tis...lol

who is the hatten groupboss..?

The selling price is crazy and it's in melaka..
No info on developer for this project.

Only saw many agents representing in selling for them. In what circumstances we need agents service?

Went there yesterday (27th Nov 2011). Block A for the lower ground type A (studio mostly sold out/size 515 sqft). For block B, if not mistaken till 5pm yesterday got 2 more units left on 14th floor. 15th floor still have s few also. If not mistaken for block B, each floor have about 4-7 units of studio, the rest are 2-bedroom and 3-bedroom. they are having promotion at HS, free ipad2 16GB (running iOs 5.0).

I'm still thinking whether it's a good investment or not. HS no. of visitors are very low compare to Mahkota Parade and Dataran Pahlawan. DP have anchor tenant such as GSC, Carrefour, Gulatis, OCBC. Mahkota Parade is the pioneer and well established. But I heard Lion Group already sold Mahkota Parade to a Singapore company. Lion group under Ayer Keroh S/B also reclaim a land opposite Mahkota Hotel. Rumors said that Lions would built a new shopping mall with a hotel on the new reclaim land with Mahkota Hotel apartment unit handed over to owner and its hotel moved the new one (just a mouth-to-mouth rumors, anyone know future development from town planning?) So this means Pulau Melaka would no longer be a Pulau Melaka and buying a property in Bandar Hilir/Melaka Raya with a sea view would not be a sea view after all.

So my conclusion for HC location wise is pretty good as it's a bit far from the congested Mahkota junction and the sea view would facing the same view as Duyong, Umbai etc. I wonder if you can see Muar from the coming 14th floor Silverscape later

they just acquired the piece of land where Aloha Club is located. Meaning that Hatten has conquered the L shape corner of Melaka Raya.
HSBC and UOB are the end financiers.

about 95% of the retail lots been sold out and 70% of the serviced suites have been taken.

whether the shopping mall will be succesful in the future will mainly depend on the Melaka tourism development.

why people are so pessimists about malacca? too small for a place as small as malacca. i bet u people didnt come to malacca since it was announced as Negara Maju in 2010. u can compare . actually many of the shoplots and house in malacca are bought by the singaporean.

new project beside hatten square call "terminal pahlawan". it's a 4 storey mall. retail unit only. the launch is on 10th - 12th August at hatten square. this is what highlighted by the developer:-

-> 10% discount during launch. 15% discount if book before 10th August
-> 15% guaranteed rental (but one of the sales person told me for the 1st two years the return would be 7% and for the 3rd & 4th year would be not less than 8%)
-> RM 68K to own a unit
-> the only coach terminal in city center specialised for tour coach
-> adjoining to the biggest mall (terminal pahlawan+hatten square+dataran pahlawan)

mall layout can be download from developer website terminal pahlawan


btw, if anyone interested to purchase any hatten project (silverscape, element mall, terminal pahlawan) do let me know before 10th August. cash reward RM 1K will be given (once booking is pay and loan has been approve). loan also can be arrange with rhb bank.

see this as more singaporean buy mallaca commercial old building maybe one day they will be more buying residential?

槟甲老建筑产值翻倍


充满殖民地风情的槟城及马六甲古建筑物身价在短短三年内不断翻倍， 成为产业“新宠” ， 甚至吸引不少新加坡投资者进场扯购。

左为位于槟城大顺街古色古香的中天楼， 右为甲州被翻新重建的武牙拉也板底路的大华酒店。

http://www.nanyang.com/node/466957?tid=794

thank you for the info sharing tikaram. really a fresh new info publish at 7am this morning. now we know the answer why...

You meant smallest size 68sf, right?

68sf - 6,941sf, RM2000 - RM3800 psf, correct?

nope. based on what was highlighted in the pdf file provided by the developer, the down payment for the minimum unit is RM 68K. taking a consideration that margin finance for the loan is 80% that's mean the minimum price for the minimum unit would probably RM 340K (20% x RM340K = RM68K).

i'm not sure what is the price for G-016a, G-016b & G-016c. based on the pdf file they are the smallest. what i heard over the phone by the sales guy is about RM 400K for a unit on 2nd floor. if not mistaken he said the size was 200sqft ++.

You meant Down Payment, i see .. okay, TQ

since there is an option to lease the unit to the developer most probably bank would give margin finance from 70%-85%. that's why the developer is offering 15% less if a purchaser book before 10th August and 10% less during launch so that a purchaser no need to fork out a lot on down payment

for Melaka residents, many had observed that Hatten project was very slow in the past few yrs. Why a Hatten Hotel need a long time to accomplish? Obviously, many knew that only financial hiccups will hinder the progress.

Now, at least 3 yrs had past and Hatten Hotel + commercial lots were completed. How about occupancy rate? Have you really take a serious tour and checking out how many cubicles are empty/vacant? I can say lots of it. Have you ever heard of great offers for tenants who rent the shops? I can say, if it was a hot cake. Everyone will dive in.

I'm no pessimist or optimist but a realist. Look, not only Hatten but many shops in town were still vacant. Who made the killing? Perhaps some lucky developers. Majority of the scenario was about economy, tourism, investment and demand. For retails, people will consider on population and spending power. Period....

There is a few projects worth consider. Hatten might got some boost from overseas investment(China n Singapore) if I was rite.

Commercial units(shop lots) along the reclaimed land at seashore had fetched up to 1.5 ~ 1.8 mil. Does it worth that price? Yes and No.
Current shoplot(Bei Zen area stretch to Limbongan) rental there is somewhere RM5~10k for 3 storey lot. RM3.5~6k if only the ground floor.

IMHO, Melaka is pretty quiet during weekdays ...

Was introduced this project when i pass by Dataran Pahlawan ground floor today evening, a sea view 700++ sft units selling at RM600k after 15% discount, which fetching more than 700 psf. Consider cheap for Singaporean but not for Malaysian.

I was at Dataran several days ago. The concept is good, but I do not have confidence with it Not many locals would like to stay in Condo. Although can lease back for hotel purpose, I was learnt that the two towers in front are Ibis and The Leaf. Added, that two hotels can provide like 400-600 rooms estimated. Added the investors from Silverscape condo leasing back for hotel purpose, another 300-400 rooms. Furthermore, it will be commission based instead of guaranteed rental. Not sure if can even rent out 4 days in a month.

haha, see wat happen to eye on malaysia? weekday really not much tourist in melaka

Best rental so far in Melaka is those property(residential ) near MMU.

any buyer of terminal pahlawan here?

The day visited their gallery in Pahlawan Mall, look impressive if the development is in Klang Valley, but doubt will work great in melaka. Its on the land reclamation somemore.

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Added on October 9, 2012, 11:21 ami go melaka on weekday so that no need to Q for chicky rice balls

This post has been edited by peri peri: Oct 9 2012, 11:21 AM

Yeah, big difference between weekend and weekdays.

and also day and night.

But how about the property thr?
Is that good for invest?
About the tourism, actually all shopping center and place was same too am I??

And I serach online says that Dataran Pahlawan was manage by Hatten Group themself.
How about other developer?

Meet the sales gallery in Ikano several weeks ago. Approached by a young lady and she started to story a lot about the project.

Overall, the layout is impressive...but a bit costy in melaka. Plus, there is no carpark for residents. After maintenance fee, sinking fund, all residents will also have to pay additional parking fee as rental. This make me worry as the parking rental is an extra expenses and yet not within my control. The management can always jack up the rental and kill the residents.

Another thing is...I asked the sales lady, how come the developer is able to get the permit of land-filling from the government of Melaka, as the state is already reaching the limit of land-filling. The Straits of Melaka is getting narrow after so many land-filling since many years ago, including Mahkota, Melaka Raya, and hence land-filling might not be that possible anymore nowadays. But the lady told me, this is due to good relationship between the very high management of the Hatten and the government of Melaka. Sound like...bribing.... this is not convincing me anyway.

Thats why their sales is like forever on sales. SA all kurus kurus

It's really on very high side for Melacca price.

Overpriced sales, Sales slow, SA less commission, all skinny, chain reaction.

All skinny also can't a (make customer impression doesn't feel good haha)

This post has been edited by ecin: Oct 19 2012, 11:07 AM

LOL! The one I met with is also skinny...co-incident eh?

I think we met the same one, skinny guy, a bit tall, maybe specky, but look pale when serve me. Other sitting there like day dreaming. No appedite to know more once heard about the price psft

I met with a lady, mid-age and very talkative.
But all of the SA dress up very nice.
(At begin I thought is a funeral agency having an exhibition there... )

%$#&*$%#!@ LOL

Hatten Suites 227sqft at around RM360k.
Don't think this is worth to invest after reading this thread.

anyone regretted so far? please tell your story...

Heard difficulty when u sell.. Many conditions.
Hattan hotel is ok
Nice breakfast when stay there

So far the hatren city elements mall will be complete end of 2014
The first Teddy Museum and Teddy Theme hotel will be in Hatten City

If u think of buying in mcca think twice. I rather buy in Kl even expensive worth it. No matter how can still get rental. Most outstation people still need to rent esp students. Mcca not many outstation people. Most cabut to kl.

-deleted-

This post has been edited by sk2000: Feb 24 2014, 02:22 PM

MELAKA: Hatten Group Sdn Bhd launched Harbour City, a six-acre (2.43ha) mixed-use marine-themed development located on the eastern shores of Pulau Melaka, last Saturday. The launch was held at the grand foyer of Terminal Pahlawan in Melaka.

“As a world-class leisure and entertainment development on Pulau Melaka, Harbour City is ahead of the burgeoning wave of developments mushrooming in the area,” said group managing director Colin Tan.

The concept of Harbour City is a self-sustaining, fully incorporated “city of amusement” that infuses three elements — retail, theme park and hotel.

The development will feature a 6-storey themed shopping mall with five floors dedicated to a water theme park, as well as three hotel blocks. Its marine design and interior concept is the key feature of the development and it is inspired by Melaka’s heritage as a major maritime port. The external view of the development is shaped after a cruise ship with its bottom deck forming the retail platforms of Harbour City Mall.

For the retail component, each floor is designed to reflect life on different oceanic levels from “The Trenches” on the lower ground to the “Coastal Layer” on level four. There will be over 800 stores housing a mixture of tenants offering international fashion brands, lifestyle stores along with an F&B zone that has an underwater ambience.

Over RM200 million was invested in the indoor and outdoor theme park that opens onto an upper deck with 500,000 sq ft over five floors. The theme park is known as the Ocean Kingdom Water Theme Park and will be designed and built by the Sanderson Group, thematic developers who were specially commissioned to work on the Warner Brothers’ Movie World theme park in Australia and whose trademark developments can be found in Hong Kong, China, Macau and India. The theme park’s entertainment arena will offer extreme sports and other entertainment. The theme park component aims to attract an additional 1.5 million tourists each year to Pulau Melaka.

Housed in the mid-section of the development is the cruise ship-themed hotel component that comprises 780 rooms with 14 suite layouts, and sizes ranging from 365 sq ft to 1,267 sq ft. The themed hotel offers an immersive seafarer ambience and each room is designed to resemble a ship’s cabin complete with bunk beds, porthole windows and nautical-inspired interiors.

At the end of the “ship” are two premium hotel towers. One will house the 500-room Hatten Resort Hotel, which will offer sky villas with beach views. The other will consist of a 250-room hotel that will be built and managed in collaboration with the Hyatt group of hospitality.

“In view of the burgeoning growth of Melaka as the epicentre of commercial, tourism and property development, Harbour City will be well received by both local and foreign investors who are keen to invest in a quality product with the added guarantee of a booming location,” Tan said.

“With over RM800 million invested in this project, Harbour City will open up a wealth of asset opportunities for investors. It is already earmarked as one of the most eagerly awaited and highly-valued global holiday destinations in the Southeast Asian region.”

Sales of Harbour City started from last Thursday to Sunday at Terminal Pahlawan, Melaka, and the retail and thematic hotel units are now open for sale.

“With the support of the state government and collaborations with Hyatt group of hospitality, Sanderson Group and GuoDu Construction (Group) Co Ltd, Harbour City is set to be the illuminating new vibe of excitement on Pulau Melaka, making it one of the top must-visit tourist attractions in Malaysia,” Tan said.

http://www.theedgemarkets.com/my/article/o...a?type=Property

This post has been edited by Babizz: Jan 24 2015, 10:35 PM

Just got informed that we are able to get 60% loan only. Feeling being cheated. Need to vomit 30k out for the loan

So u mean they only finance 60% of ur loan or 80% n u exceed ur 3 house loan, hence 60%?

Is developer cap it to 60%. When i bought it, the agent told me can get 70% loan

Thats bad. Usually if banks don't agree with the selling price they might finance at a lower amount.very rare though..

you mean the loan for harbour city or which one??

Anyone from Melaka had any opinion on the Harbour City retail lot? Is it because the expected growth is not as good as expected that is why Melaka themselves are not investing much into this projects.

Is it because it's overvalued? Can you explain more? I haven't purchased there but have an aunt who is interested to invest.

Yeap.. just check bank valuation. on a side note, dont buy retail lot for malls, very dangerous in the long run.

The Shore is better interm of investment.

Good luck.

Never ever invest into retail lot in mall. it is proven a failure strategic of mall management.

I dont plan on investing in retail property. Not my cup of tea. Will let my aunt know. How does the retail property market thrive if people are weary? Hatten is doing that big project in pulau melaka, what are the odds that it won't be a success?

If mall is good, hatten wont sell it. Mall profit margin is much higher than other components if it succeeds. Even if it performs below average, cn easily lose money n continue a downward spiral of failure.

That makes sense. Thanks;)

retail how much psf.

Mbsb offered 70% - 80%
Uob offered best 60%

just being informed by hatten that i have to pay GST 6% for balance...that's alot. why i sign my snp on 2013 also will be impacted?

yet this hatten never inform early. so that we can request them to bill us early in order to avoid 6% tax. after 8 april , only inform us via mail...wxxx

Anyone got any latest info on the sales ?
Are they selling hotel room or service apartment and whether it is a good investment ?

I bought one unit of the hotel room. GRR for 9 years. Secure project plus the Melaka gateway is under con now. Wish for the best for the development. Can PM me for more info too.

im a buyer of the hatten suites 2 years ago. heard that they will be complete somewhere in july this year. but until now no letter from them yet. anyone out there also a owner? kindly respond. thank you.

Any latest updates?

Pang1703, are you paying the last 10% with GST only?

Is ok if pay 10%. All buyers need to pay 70% of unbilled progressive payment infact.

looks like a dead project to me. Drive around that area to see yourself.

really? I tot Melaka area good

u got any pict to share

30/9/2015
Hatten City progress


Attached thumbnail(s)

not a good developer

Peaceful kampung but town areas are tourist hotspot, but those who came are after historical town/food/dessert/biscuit, who gonna go shopping centre ? Shopping should go kl mah

not a good project to invest. owner need to wait at least another 10 years to see the value

maybe.
i guess there were so much of highrise and commercials that pop up in recent 1 year were due to HSR and international harbor that going to implement in melaka

Cuz nobody want to go at pulau melaka. There ia nothig over there now

recently received the letter of VP
If you see the future development in Pulau Melaka, then u will know the potential of element.

Hatten is building a mega theme park in Pulau Melaka...

http://www.harbourcity.com.my/

After all, the retail units are leased back to Hatten for 2 years, 7% and 8%...

This post has been edited by gracefoo76: Nov 18 2015, 12:24 PM

erm, VP for where ? hatten city ?

hard to get convinced based on development IMHO, whats the planned commercial activity, eg: what kind of corporate will be settting up there ?

VP for Element Mall
I remember when I first purchased (2009) the hatten square hotel suite (pahlawan mall) RM200k for a small room, most of the people laugh at me...especially the Malaccans.....RM200k++ can buy double story terrace in Malacca ....
But Now, I can tell you I have no regret ! the rental can cover my instalment
For those who laugh at me, I shall laugh them back, for missing the boat.
investment has certain risk, depend on how u take it

Good news for completion Element Mall@Hatten City
We can look forward to the opening shopping mall 1st quarter 2016!!!
Cheers

how about the hatten hotel on top of element mall?

CCC issuing the same time as retail lot on 2/11/2015

u bought a unit? i heard some owner for retail lot wana sue them due to late completion.