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 Penang Property Talk, Property talk on Penang

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adamtayy
post Mar 10 2025, 07:22 AM

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adamtayy
post Mar 10 2025, 04:05 PM

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MKCL
post Mar 20 2025, 02:58 PM

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is reno mafia for Ideal properties active for new projects like Havana ? share experience if you encounter for last year's Ideal project
adamtayy
post Apr 6 2025, 06:52 AM

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No more horse racing..
adamtayy
post Apr 6 2025, 08:19 AM

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adamtayy
post Apr 7 2025, 09:50 AM

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hlyh1230
post Apr 28 2025, 04:29 PM

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QUOTE(mousepad87 @ Sep 19 2023, 07:08 AM)
hi guys I just won the auction of the maven @ balik pulau, for this area, is it best to hold and rent or flip ASAP? TQ
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i hope you've sold your unit...
adamtayy
post May 8 2025, 02:58 AM

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Project by PDC ~ one mutiara
he1008
post Jun 17 2025, 11:51 AM

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QUOTE(koja6049 @ Mar 10 2025, 12:29 AM)
Commenting 5 years later on hindsight... I-Santorini probably is the best investment we made. There's never short of people wanting to rent as this location is super popular with expats. We rented to an expat family, and was quite surprised because the husband was actually working in Bayan Baru. But they still prefer to rent in Tanjung Tokong because of their kid's education, somehow they think the international school in Tanjung Tokong is better. And even till today we still get non-stop calls from agents wanting to rent units for expats, korean, chinese, japanese etc.
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Can ask how big is your unit and how much psf you paid 5 years ago? How much rental you getting now? Which block and type can get sea AND mountain views in santorini? Thanks bro.
koja6049
post Jun 17 2025, 12:20 PM

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QUOTE(he1008 @ Jun 17 2025, 11:51 AM)
Can ask how big is your unit and how much psf you paid 5 years ago? How much rental you getting now? Which block and type can get sea AND mountain views in santorini? Thanks bro.
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unit size is standard 850sf, price is around 530psf and rental around 2k+/monthly, carpark can be separately rented out as well. You have to get block A to get a good seaview facing Brezza condo, but last I heard they are going to have new development near Brezza, so the sea view may not last.

This post has been edited by koja6049: Jun 17 2025, 12:21 PM
adamtayy
post Jun 18 2025, 11:18 AM

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thats not true

with new housin dev being built

Penang gov get more income from cukai pintu / cukai taksiran / indah water billing...
adamtayy
post Jun 18 2025, 03:01 PM

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he1008
post Jun 18 2025, 11:53 PM

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QUOTE(koja6049 @ Jun 17 2025, 12:20 PM)
unit size is standard 850sf, price is around 530psf and rental around 2k+/monthly, carpark can be separately rented out as well. You have to get block A to get a good seaview facing Brezza condo, but last I heard they are going to have new development near Brezza, so the sea view may not last.
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Thanks for the detailed info bro, looks like the price of the condo hasn't gone up that much since there are units posted for sale for around RM500K these days, but the rental return definitely seems good. This was built by Ideal right, how is their workmanship? Looking at their upcoming Pix1 development, got any feedback on it?

Any idea what will be the new development next to Brezza, who's developing it?
koja6049
post Jun 19 2025, 10:46 AM

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QUOTE(he1008 @ Jun 18 2025, 11:53 PM)
Thanks for the detailed info bro, looks like the price of the condo hasn't gone up that much since there are units posted for sale for around RM500K these days, but the rental return definitely seems good. This was built by Ideal right, how is their workmanship? Looking at their upcoming Pix1 development, got any feedback on it?

Any idea what will be the new development next to Brezza, who's developing it?
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Ideal workmanship surprisingly is very good if compared to other famous developers like ioi, mahsing etc. So far no leaks, cracks, or anything. Just that the designs are all very bland, one look you will know is "affordable housing" haha.

PIX1 is the competitor to PICC, you compare at their promotional brochures you'll see PIX1 design again is lacklustre. I went to see PICC showroom before and they really package their units and design very well, just that their price tag also very steep. PIX1 so far not much info yet, waiting for their showroom to be launched.

The development next to Brezza is Dua Tanjung by UDA holdings (same land owner of Santorini) https://www.penangpropertytalk.com/2024/04/dua-tanjung/

48 storeys is planned, a high chance can block seaviews from santorini.
adamtayy
post Jun 26 2025, 09:10 AM

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deadmanccs
post Jul 2 2025, 10:21 AM

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Hi, there is a new project called Tuan Pavilion that was just launched in Feb this year. The project is located at Solok Zoo, Paya Terubong area and is developed by M Summit Group. And I was told that the project will be completed by Jul 2027.

Does anyone know anything about this development company or bought any other projects from this company? Would like to hear more info before deciding to buy this project.
ahkit123
post Jul 6 2025, 04:15 PM

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QUOTE(deadmanccs @ Jul 2 2025, 11:21 AM)
Hi, there is a new project called Tuan Pavilion that was just launched in Feb this year. The project is located at Solok Zoo, Paya Terubong area and is developed by M Summit Group. And I was told that the project will be completed by Jul 2027.

Does anyone know anything about this development company or bought any other projects from this company? Would like to hear more info before deciding to buy this project.
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Got LRT?
adamtayy
post Jul 31 2025, 05:37 AM

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Cassia cempaka
ahkit123
post Jul 31 2025, 07:15 AM

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These homes, priced between RM225,000 and RM420,000, aim to make homeownership more attainable for the B40 (Middle 40 per cent income) group or those with household income below RM11,800 a month, and the M40 group.

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adamtayy
post Sep 13 2025, 09:21 AM

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