BayStar Condominium


BayStar Condominium located just opposite Queensbay Mall, Penang’s largest and longest lifestyle mall at Bayan Lepas. Exclusively designed with only 160 units, all of which are corner units in semi-D configurations and maximizing the window view to the dazzling sea view and even the Penang Bridge. Consists of 2 block seaview condominium. Built-up area from 1,562 to 2,491 sq.ft. BayStar also offers 24-hours security and a wide range of amenities.

Property Project : BayStar Condominium
Location : Bayan Lepas, Penang
Property Type : Condominium
Tenure : Freehold
No. of Blocks : 2
No. of Storeys : 11
Total Units : 160
Built-up Area : 1,562 - 2,491 sq.ft.
Developer : CP Group

Facilities
24-hour security surveillance, intercom system and key card access, infinity swimming pool and wading pool, landscape children's playground, fully equipped gymnasium, multi-purpose hall, squash courts, broadband and astro ready.

183 comments

March 5, 2008 at 11:28 PMAnonymous

Hi,
Anyone know the development status for this project? Also izzit fully sold now?

 
March 13, 2008 at 12:13 PMAnonymous

what is the price mak and min?How much for buy extra car park?

 
March 15, 2008 at 7:42 PMAnonymous

it is 400 - 900k

 
March 31, 2008 at 11:05 AMAnonymous

the price for this condo is quit high if compare to its during initial launching...but anyway, it is still worth than Putra Marine and it is Free hold..

 
April 2, 2008 at 5:00 PMAnonymous

How much is the initial launching price?

 
April 4, 2008 at 2:04 PMAnonymous

the price of condos may drop soon, beware..

 
April 7, 2008 at 12:57 PMAnonymous

For my units, 1750 sqf , type D, pool facing unit- ~RM 450k ++(after 3 % discount), 2 car parks, now i heard 1500 sqf also sell ~450K which initial starting price at 380K during soft launch

 
April 14, 2008 at 10:46 PMLeprechaungal

Hi there

I am prety interested on the property,was wondering on the discounts availability for the condo and the price at the moment?

I just hope it didnt went too high..
do kindly keep me posted if u r one of the prior purchasers where i can get more info from u..

thx in ad

leprechaungal@hotmail.com

 
April 18, 2008 at 10:13 PMAnonymous

kindly keep me posted if u r one launching, and how many car parks,the price from mak and min, 10q

 
April 22, 2008 at 9:30 PMAnonymous

Type D -1750sqf for just RM450k? I just bought a unit 2 mths ago: Type A 5th floor - 1565 sqf, city view and I purchased at RM470k (after 5% discount). My god ... I had asked around what is the initial launching price but get no feedback .. and the sales person refused to disclose the initial launching price to me. Anyway, no regret. I still think the price will going to increase in near future. 2 car parking lot is just nice. And the project already in progress since end of last year and current status is around 20% completed. I think still got around 15-20 units left ..

 
April 25, 2008 at 1:43 AMAnonymous

RM380k? I visited their sales office in beginning of yr 2006 and been told the selling price was RM400k+ and above......

 
April 25, 2008 at 11:26 AMAnonymous

Still got units left? I call up the sale office two week ago but they told me all sold out

 
April 25, 2008 at 5:11 PMAnonymous

left only 2 or 3 units at the 1st floor...

 
April 25, 2008 at 8:39 PMAnonymous

yes .. I believe still got a lot of units havent open to sell. When I booked the unit on Jan08. They insist only 5 units left. When I visit the property fair in Mar08, I was suprised to see there are more than 10 units just open for sales. I asked the them, they told me ... oh, these are units booked by management and they intend to sell it now ... Damn it! So would you believe them, left only 3 units?

 
April 27, 2008 at 1:53 AMAnonymous

I think almost all the units have been sold already, left the ones at first floor... I grabbed the last one, and the lawyer told me the same thing. both tower A and B left first floor units.

 
April 29, 2008 at 12:30 AMAnonymous

Leprechaungal,

Visit the website: http://www.queensbay.com.my

or get the ebrochure: http://www.queensbay.com.my/brochure/baystar.pdf

Hope this will help you.

 
May 2, 2008 at 10:14 AMAnonymous

discounted price?? you mean selling you at a cheaper price than developer offer?? are you kidding me?
1750 at 450K... i booked on early 2007... i really struggle that as this is my first property. By the way, the reason i dont want to buy city facing unit mainly are becoz the car park is 1 + 1 (please check with the devloper carefully).

 
May 4, 2008 at 2:09 AMAnonymous

well anonymous im in pretty much in the same boat as you. i got it at 2008, the price is really crazy (sigh mine is the smallest type :() but i think its worth it.

i doubt u could get a discount for the units from current purchasers. considering that the units are in really great demand and its almost sold out. u have to do much better than that.

 
May 5, 2008 at 4:28 PMAnonymous

Is this place built on reclaimed land ?. I know some of the shop lots near to it had some large cracks near the base not long ago -they appeared to be sinking. Can this place sink as well ?.

 
May 6, 2008 at 11:32 PMAnonymous

I was nearly a buyer then but I did not buy as I was told by my friend who owned a shoplot back 10years ago that the land sinked. Heard that the previous developer poured cement into it. No harm done but a bit scary when you hear it.

Just a sharing, if you see national geographics, Dubai piled abt 300 holes on every corner of the reclaimed land to simulate an earthquake. As the soil sinks,sand was refilled and it is done many times on a same location. What worry us is if earthquake strikes M'sia again, imagine bubbles at reclaimed floor will escpae & it will cause movement of sand compound. Another nightmare. Hope housing govt should impose laws on just building double stories houses on reclaimed land.

Saw that one anonymous paid extra to buy a unit. It was normally a developer strategy to block all good units and sell to anxious buyers first. When my friend worked in the project (eg :desa golf)near EQ, he used to blocked all units and sell the non-preferred ones. We should not have fallen to such tricks.

 
May 7, 2008 at 12:21 PMAnonymous

C'mon.....all the developers survive on certain marketing strategy. It's up to you to call it strategy or tricks. End of the day, you're still the one withdrawing money from the bank if you want to purchase and with no one pointing knife to you. It really depends on your knowledge, opinions and thoughtfulness whether the property will make money or not. A lot of other factors count too such as the surroundings, convenient level and also distance to work.

 
May 13, 2008 at 4:47 PMAnonymous

Well, did anyone notice that sometimes planes fly quite low towards Penang airport? I guess owners/buyers of Baystar better start getting used to it. The frequency at peak time is 5 mins interval between planes.

 
May 14, 2008 at 9:08 PMAnonymous

Cracks, land sinking, low flying planes ... sounds scary.

 
May 14, 2008 at 11:28 PMAnonymous

Ya, with Sezchuan recent earthquake, it really creates a spooky feeling. What if..what if.. a 7grade earthquake strikes north of Pen M'sia (near Medan) again? I cannot imagine how those buildings around the coasts and reclaimed land will stand still?

 
May 15, 2008 at 1:51 AMAnonymous

anyone to sell out the 1562sf above 5th floor?

 
May 17, 2008 at 12:09 AMAnonymous

yeah, land sinking causing building cracks, low flying planes, etc. it's a matter of time ppl realize reclamation land are not meant for high rise buildings.

 
May 17, 2008 at 2:59 AMAnonymous

i've stayed at Gold Coast Condo for more than 5 years, never noticed any of the problems mentioned above.....the only problem is the distance to Queensbay Mall abit far....that's why i've bought a unit of Baystar:-)

 
May 17, 2008 at 8:07 AMtommy

I think all condo at baystar had gone up 20% to 25% already. It is close to everything and very convenient. Good rental area prospects.

 
May 19, 2008 at 12:54 PMAnonymous

i heard a lot of Gold Coast and Putra Marine residents switch to Baystar due to free hold status and more value for money. Sinking on reclaim land? I thought its already reclaimed for more than 15 years already? Correct me if i am wrong... then how about The Spring with higher floors and newer reclaimed land status?

 
May 19, 2008 at 10:33 PMAnonymous

it does not matter if it is vacant for 5 yrs, 15 yrs or 25 yrs because reclamation land only start to sink due to the weight of the high rise building. this is simple physics!! what about the low flying planes?

 
May 20, 2008 at 6:32 AMAnonymous

If you dun trust the Malaysia authority u can still check with the Singapore authority, reclaim land stop sinking after reclaimed for 15 yrs. And i've mentioned aboved that i've been staying at Gold Coast Condo for more than 5 yrs never had any low flying plane or building crack problems, tat's why i bought Baystar.

 
May 20, 2008 at 10:35 AMAnonymous

Simple physic? I thought the longer the reclaimed land, the stronger the sand settled and bonded. To ensure that a plot of reclaimed land will be stable enough to hold buildings, Singapore lets the land lay fallow for amount of time to allow the sand to settle. you certain need to improve some other X and Y factors into your calculation

 
May 20, 2008 at 12:52 PMAnonymous

huh? Who said time not mattering in this case? Try to compare your flower pots at your home (compare those newly filled and those who already filled with sands for years). You know some rocks are made from sand over time?

 
May 21, 2008 at 1:11 AMAnonymous

anonymous vs anonymous ... I'm so confuse and amuse. Ok .. no point to argue. The most important thing is the location. Strategic! Worth it or not ... it up to you to decide. The ceiling height in the show house unit is 13 ft tall .. give us spacious of feeling .. A type one will be only 11 ft ..

 
May 21, 2008 at 11:52 AMAnonymous

I'm also confuse & amuse as well. Yes, it is Strategic. But if it sinks & cracks, it could also be Catastrophic.

 
May 21, 2008 at 4:50 PMAnonymous

some say Penang island is sinking too, let's move to mainland....

 
May 21, 2008 at 9:20 PMAnonymous

something to ponder, do u know why the coastal highway condition is kinda "wavy"? furthermore once in a few years, u will see road repairs at the same location. is it because of land sinking? btw, Singapore is govern by PAP and Malaysia by BN. flower pots have no lateral sand movement.

 
May 22, 2008 at 12:43 AMAnonymous

yes, i see Penang Rd always repair the same location, dangerous huh.... and we shouldn't move to mainland, becos is manage by BN also, the building not safe, let's move to Singapore or USA now....

 
May 22, 2008 at 9:58 AMAnonymous

haha...wavy and frequent repair ? Then penang road ,macalister and burmah is sinking too. I see more repairing over there...haha. Please list out a country that have minimum road repairing.

 
May 22, 2008 at 2:23 PMAnonymous

To those loser who think themselve far better than construction architect and engineer:
I dont understand why you keep worry Baystar will sink even you are not the one ( i doubt you will ever to own a property since you got so many concerns) buying or plan to staying inside there?Are you really so kind to care about our investment or even our safety to stay inside? Please stop all kind of rumours when you are not even sure about it first. I am the one who bought the property. I am happy with it and i dont need your "kind" consideration on this.
What is your motive afterall, just to hurt someone while you are not getting out of it?
~Winson~

 
May 22, 2008 at 7:25 PMAnonymous

Putting the rumours aside...

baystar owners, u received a letter regarding the optional upgrade electrical package? any owners taking it up?

 
May 23, 2008 at 1:33 AMAnonymous

huh, when did you received this? So far i did not receive anything on this. Let me check with Chew and see.

~Winson

 
May 23, 2008 at 10:05 AMAnonymous

I just received it yesterday, there are a couple of things which I don't understand, so figure whether we can help out each other. besides, u need to top up to upgrade to the package. need to find out whether its worth the price too.

 
May 23, 2008 at 1:22 PMAnonymous

If you have MSN, please add me and we can discuss it there. Thanks

MSN: winson123@hotmail.com

 
May 29, 2008 at 8:29 PMAnonymous

Pls share with me about the upgrading package ... what the hell is that? Paying more $$ for? Paying now? Sorry, Im actually havent read the letter as Im away from Msia for few mths.

 
May 29, 2008 at 8:34 PMAnonymous

Road repairing? Basically is because of lack of fund to build the road and corruption in Pg Goverment Office. Nothing to do with the 'road/land sinking' .. I do admit sinking is happen in pg especially on reclaimed land ..

 
May 30, 2008 at 4:02 PMAnonymous

hi winson, i was the one (who posted up about the electrical package) who added u in msn, i was away from my desk so i dint reply u.

anyway, the eletrical package is to add additional wall power sockets, so u dont need to engage external contractor and hack down walls and re-plaster them back to add power sockets (wall sockets, not those which u extend from a existing power plug and paste a new socket on the wall i think).

 
June 2, 2008 at 1:21 PMAnonymous

I paid for the upgrade...although its a bit expensive than outside, but i guess for the sake of not damaging the wall or internal wiring in future when we renovate, its worth to pay the price.

 
June 8, 2008 at 8:00 PMAnonymous

The electrical upgrade is an option. Though I must say that I am a bit disappointed that we have to pay more to have the additional power points, the numbers of power points as shown in the original layout are not sufficient for most households. That is the trick of their marketing strategy to squeeze the purchasers for more money! Hopefully this is the first and last letter from the developer to ask us for more money. Btw, anyone of you know what is the site progress? Any photos?

 
June 10, 2008 at 10:05 AMAnonymous

Right now is about 3rd to 4th floor. Piling work has been done. if im passing by i'll take some pics and post it up somewhere :).

btw, baystar owners, interested to have a online community or something?

 
June 10, 2008 at 6:23 PMAnonymous

Thanks, Anonymous. That is promising. Guess the developer is on target to complete the project next year.

Anyone know how many villas have been sold for Bay Villa?

 
June 10, 2008 at 10:44 PMAnonymous

emm ...good idea..we can form a online community and be a informer for each other from time to time...
~Winson

 
June 19, 2008 at 2:06 PMAnonymous

Hi,

I'm a Baystar owner as well, and have recently visited the site a few weeks ago to pay for the electrical upgrade for my unit.

So far progress looked good, it has completed the structural framework for level 2,3 and 4 already.

The only gripe I have is for the electrical upgrade package, we owners don't get to specify exactly where and how many extra outlets/points we want.
My current apt where I'm staying in Sg Ara, when I bought it 6 yrs back, even though it's not a "luxury/high priced" condo, even allows for customizing the electrical outlets.

Yes, I think forming an online community for owners would be great idea.

But have you guys ever thought that there would be just a SMALL number of ppl would be interested, since there's only 160 units, so at the MOST there will be only 160 ppl online? Not counting how many of the 160 owners would actually be interested to join such forums :(

 
June 19, 2008 at 2:12 PMAnonymous

I'm a unit owner on B block :)

Interested on forming online community. Will keep checking this blog for any updates.

My only gripe so far is the electrical upgrade package doesn't allow for customization. Heck, even my mid-priced condo in Sg Ara allow for customized points when I bought it 6 yrs back!

So far progress on the construction site looked good, I drove by a few days ago and could see the structural framework completed for level 2, 3 and 4 already.

 
June 21, 2008 at 11:19 PMAnonymous

well i was talking to winson via msn the other day and we thought that having an online community (yahoo groups or something) was better than nothing. the more owners we could gather as soon as possible will definitely be better. yeah the progress is going pretty well.

i think owner list identified so far on this blog list is

1. Winson
2. Me
3. tassiemate
4. baystarowner

as for the electrical package, any idea how long that rail track system is?


p/s: in case ur all wondering, i was the one who posted about the electrical package.

 
June 23, 2008 at 11:05 AMAnonymous

i made a google group for baystar owners (perhaps later on expand to bayvillas and bay garden).

Please visit:
http://groups.google.com/group/baystar

it's kinda empty for now, hope we can populate it soon :).

 
June 23, 2008 at 6:03 PMAnonymous

Great work, Ha. Thanks for setting up the community group in google.

What do you mean by 'rail track system'?

 
June 24, 2008 at 9:27 AMAnonymous

if u look at the electrical package upgrade, its there, at the dry kitchen area.

i suppose its similar to the eubiq rail power plug system...

 
June 24, 2008 at 1:04 PMAnonymous

Err, I seriously doubt the rail track is anything remotely similar to eubiq :(
Come on, eubiq is so much more expensive, look at the total price CP quoted for the upgrade, it can hardly cover the cost to put that in.

 
June 26, 2008 at 8:06 AMAnonymous

Check out this newly created forum for anyone interested in Baystar as well as other Queensbay development:
queensbay.invisionplus.net/

 
June 30, 2008 at 10:25 AMAnonymous

http://queensbay.invisionplus.net/?mforum=queensbay&

Thanks to Hong Aun, pelase register at this side to join in our discussion

~Winson

 
July 13, 2008 at 10:40 AMAnonymous

Hi,
I just got to know about this project. Would like to know the price for the B/B1 unit. Can anyone help?

 
July 14, 2008 at 6:52 PMAnonymous

Probably Chew can help if the unit is still available. I thought they all have been sold. Maybe try the other forum, queensbay.invisionplus.net/

 
July 17, 2008 at 10:29 PMAnonymous

Hi, I'm interested in buying a unit at Baystar. If you are an owner looking to sell, pls email me at joancsl@gmail.com. Thanks.

 
July 30, 2008 at 6:41 AMAnonymous

HI,
Just went to the management office and was told only 1st floor was available. Went to the queensbay mall and felt disappointed at the availabilty of only the 1st floor at which the view will be blocked by the Villas. Need at least 4 floor upwards to have good view. Anyway, my view change as i was waiting for a taxi outside the mall and while I was waiting, saw a boeing jet coming in for landing at the airport just near by and the sight of that jet so close to the condo and the sound of it was an immediate turn off. Imagaine having to listen to that while trying to relax or sleep. Something to really think about

 
August 4, 2008 at 12:26 AMAnonymous

Its ok. I can leave with that. Thanks for the advice and i am sorry you cant get any available unit.

 
August 11, 2008 at 10:33 AMAnonymous

If you want to get properties near bayan lepas / batu maung/ bayan baru, you have to be prepared about the sound of the airplane because there is no way you can escape it. All view units have already been sold out quite long ago, so it might be harder if you want to get a view unit now. I'm sure most purchasers are already prepared with the noise of the airplanes flying around before they buy it.

As for me I can live with that. I have been staying near KLIA and the noise there is much worse compared to plane here.

Anyway, penang airport is close and there are no flights at night right? You can still get your precious sleep at night =).

-HA-

 
October 10, 2008 at 10:58 AMUnknown

Did you all read The sun on thursday 9th Oct?

"Any subsequent attempt by the state to re-alienate or convert any part of the foreshore or sea-bed to freehold, notwithstanding that the foreshore or sea-bed have now been reclaimed, would tantamount to a circumvention of the prohibition in section 76 and hence be ultra vires the NLC."

"The law says it very clear. It is on record that you cannot make such land freehold."

"If you allow seafront to be freehold, what would happen to open public access to that area?"

 
October 10, 2008 at 12:54 PMUnknown

If that true, how about The Brezza? Sri Tanjung? and others project use reclaimed lands?

 
October 10, 2008 at 2:35 PMUnknown

why this blog if we send comments, the dustbin will come out??why we must delete our comment, we need to give everybody know what the updated news...

 
October 10, 2008 at 3:44 PMUnknown

Thats mean any project use reclaime land can't get freehold?? leasehold for 99 years?

 
October 16, 2008 at 6:58 PMLooi Hong Aun

As far as BayStar is concerned, the land status is still freehold as this is granted by court order, even though its on reclaimed land as this was one of the conditions set by the state government for CP to rescue the Queensbay project.

-HA-

 
October 19, 2008 at 3:28 PMWinson

Can we sell even the condo is not ready yet?? dun think will sell so soon as this might be the last waterfrony freehold condo..:P

 
November 4, 2008 at 4:20 AMUnknown

I have a condo to sell it is on 5th floor, D unit, how much can i get for?

 
January 7, 2009 at 12:40 PMAnonymous

the construction progress very fast

 
January 20, 2009 at 12:34 PMliv

what is the developer name and contact ?

 
January 22, 2009 at 6:54 PMLooi Hong Aun

Developer is CP Landmark
Official site: http://www.queensbay.com.my/
Inofficial forums (online community of queensbay residents): http://queensbay.invisionplus.net/

 
April 25, 2009 at 7:18 PMDavid Ling

i'm interested to purchase the 1560 sq ft unit.
can i know what is roughly the asking price right now?

 
May 11, 2009 at 2:50 AMspicysun

Hi to all the Baystar interest... this project only has 10th floor and that is penthouse. So if you want smaller unit say 1.5K, you cannot find lah. Please go and look at the site (it's beautiful) and start requesting again. Cheers

 
May 13, 2009 at 9:41 AMLooi Hong Aun

It seems that bumi units are released for sale. Maybe you could call CP and enquiry about them.

 
June 13, 2009 at 5:55 PMUnknown

Any show unit available for viewing?

 
August 26, 2009 at 5:23 PMWinson Teo

Can we sell the unit before OC obtained?

 
August 26, 2009 at 5:48 PMUnknown

Winson

There is a way to do it. However you need the consent of the Developer and a willing buyer to fork our a lot of downpayment.

 
August 29, 2009 at 5:43 PMLooi Hong Aun

Baystar show unit is now open for viewing until 31st August =). The unit is pretty, well, pretty.

 
September 22, 2009 at 1:22 PMUnknown

1.65m for this penthouse? Hmmm...I think 1.65mil, you can have a lot of choices at that area including landed property. If I have 1.65mil....i will buy a unit in BayGarden(landed and freehold and gated) which i may get for 1.3mil then use 300k to renovate it and 50k reserve for a few bottles of good wine.....KK Lim...I am not saying ur unit is not worth buying...(Baystar..one of the best at that area)....but the price u put is not worth thinking...my apology if i offended you...

 
October 24, 2009 at 2:04 AMspicysun

Drove past Bayan Baru just now and saw that Eastin Hotel is now litted up and ready for business.. yahoo...

 
October 26, 2009 at 1:45 PMObjective_Opinion

Dear Fellow Brother & Sister,
I need some clarification. There has been many advert and posting for the sale of Baystar units but I'm interested to check out whether or not any units being successfully sold out already?
I own 1 unit (1560 sq ft) and plan to sell off as well. However, i see that the asking price is way too high and not logical. Frankly, if i"m a genuine buyer, i would not consider buying 1560 sq ft condo with 688K. But i also do not want to spoil the market by offering a price that's too low. Besides, with the RPGTA back in place, we stand to lose 5% from earning. Still not mentioning the bank penalty ~ 3% for cancelling the loan lesser than lock in period.

Of course i understand we need to start off with the higher price for room of negotiations but i think some of the initial asking price here is ludicrous.
So, it's important if any of you can let me know that you have successfully sell off your units and that can gv me better gauge on which price to start off. i would think that it's already a good margin if we shoot for RM400 per sq ft.

Pls provide some pointers on this.

 
October 30, 2009 at 10:05 PMKK

when can OC be obtained ?

 
October 31, 2009 at 12:19 PMUnknown

Any banker's here? I want to check BLR izzit 1.95? Any statement out from bank negara about this?

 
November 14, 2009 at 8:10 PMUnknown

Hi all, does anyone have the latest info when we can get the keys to our units?

 
November 24, 2009 at 3:06 PMvivian

helo

 
December 10, 2009 at 11:28 AMLeprechaungal

380-400 k condo is being sold for 570k within a year
450k condo being sold 800k within a year
isnt this sounds like a bubble!

 
December 10, 2009 at 12:32 PMUnknown

Finally Leprechaungal has really pissed off already.....hahahahah, you having looking for condo up and down, but met with all those greedy crook wanted to rip for >50% profit. Now you understand those greedy crook in here also in I-regency. 60%~80% profit, wow, this is sick of them, we buyers please boycott them, let them serve the bank loan till they throw out for reasonable price. Serve the greedy sellers right.

 
December 10, 2009 at 2:44 PMspicysun

Leprechaungal,

I have been noticing your blogs all over the places looking for a condo to buy. Let me share with you one way not to get yourself disappointed, if you want the initial launching price, please buy your property before they are launched direct from developer. Then wait for 3 years, by then you will enjoy the so called "bubble". People who is enjoying the "bubble" because they took the risk and the time to invest. They should enjoy the labour of their work. If you are in their shoes, I am sure you would do the same. Others might make RM100K and because you don't think it's fair then you can also sell it with RM50K profits. It's a 'willing buyer, willing seller' situation. Unfortunately in Penang, this is the reality. If you really hope to look for a property that does not increase in price, chances are the property is not good for investment and you would not buy it yourself. Go to mainland instead of Penang Island and you will get completed properties with less than RM50K appreciation upon completion. Some maintain the same price or have difficulty to sell. Good luck to you.

 
December 10, 2009 at 5:48 PMUnknown

the people here really like to syiok sendiri by putting the 'sky price'. I wonder how many sale is been transacted ? Zero could be.

I support to boycott the sellers whom put up unrealistic price here, let them bare the loan repayment,by just another 6 months repayment, their money surely will dry, by then they will shout for lelong already with pants down. Buyers let them feel the pinch, buyers are not waterfish ok?

 
December 11, 2009 at 6:42 AMLeprechaungal

Thx GI Joe n Starry Starry Night ,

You guys were kind.

True Starry in fact I know ppl whom got a luxury bungalow for the similar price of a luxury condo in Island,with strategic sea front in Butterworth.

Thats true..we buyers have nothing to lose..I in fact have been watching several bubbles in etc asian countries and had notice the similar diagnosis as what we have in Penang at the moment.

For 500+k condo with a strata title and no reno..we could just might well go for an extra few k to get a individual landed property..

Count me in for the boycott as I have plenty of time on my hand..Greed is only good to an extend(as Micheal Douglas says in "Game"-I believe)..but too much greed will only crush oneself!

 
December 11, 2009 at 11:24 AMXheshito

Hi Leprechaungal,

I also noticed you been searching properties all over in penang in this blog. I am absolutely agree with Starry at the same time pity you. Please allow me to top up my 2 cents opinion.

Sometimes we buy things not because of the "thing" but because of the "values" we want.

For example people sure know the I-phone price will drop over the time but they still willing to buy it now at thousands of ringgit....because they are buying the so called "trend" or "today's technology" AKA "values".

Same goes in property. You need to be self conscious, you are looking for the "values" or you are buying the "physical"? For me, I am definitely go for the "values" because it is priceless. (Yesterday will not come back).

If you got the right "feel", if you are affordable, I think the rest factors are not relevant. If u want to count, how many bricks in the property and what is the cost? How much profit "Seller" has made?......You will never able to get one property.

In fact the value of a property is a place u have good neighbourhood, relatively convenient and the most importantly happy family under the roof.

All the above 2 cents opinion only apply if you are buying for own stay....if you are investing, then..you just like one of the "greedy seller".

 
December 11, 2009 at 12:22 PMconcern

Yes, we as a buyer must boycott but how many of you willing to do so, do you guy can work together? Nowadays people seldom corporate and thinking them self only.

 
December 11, 2009 at 1:28 PMUnknown

just to let you people to know, when the developer start to sell baystar, it is already over value. words from the developer people is, the selling price include "future appreciation" and also it is a good property to rent to those from overseas who come here to work-etc high lvl management people of any MNC / PLC company a.k.a. ang mor. Valuer said, selling price RM400-RM450 per sf for a reclaimed land property is far too expensive.

 
December 11, 2009 at 2:03 PMXheshito

"People seldom corporate" because everyone holds different values....That simple.

Hi GI Joe,
Your intention is good, from your point of view. However if someone blindly follow, he/she might miss the "opportunity"....

Let's look at a bigger picture. Do you thinK "boycott" is the best way? Do you think everyone stops "Spending" is good for penang properties future? Or probably we should work harder to earn more money to "enjoy" the living standard?

I would suggest lets work together to cultivate the penang economy, particularly the properties market.(Do you know how many sectors will be benefited from this market?) Let the market grows so we can move faster to become a developed Island/State.

Anyway, again its only my 1 cent opinion.

 
December 12, 2009 at 1:23 AMLeprechaungal

Didadi..
thx u but u need not pity me as its only an attempt of purchasing a home for our parents as a token of appreciation on all they have done for us..they arent in a rush to move in as well.hence we have ample of time to search an ideal unit for them.

time is what buyers have n what a seller doesn't!if he is a greedy seller as u mentioned earlier..

 
December 13, 2009 at 11:48 AMAnonymous

Think about it. Location, location, location. Why would anyone give away their investment unit at a "lolong" price when the area is booming? Eastin Hotel is almost 100% full since opening, QBM buzzing with shoppers, Baystar OC almost ready, CP next project going to launch in Q1 2010, economy is recovering, future 5-stars hotel is definitely going to be built. Queensbay has everything, and less traffic than Gurney Drive.
So, why would anyone be selling Baystar unit at low price, when the unit can be rented for $3.5K - $4K per month. Don't forget, it is next door to FTZ, and companies are willing to locate their expats close by and Eastin hotel.
Other factors - waterfront, free hold, low density and good facility and accessible to all convenient shops, cafes, kopitiam, restaurants, supermarket, bottle shops, banks, dental clinic, taxi stands, RapidPenang, first class bus coach to KL, and many more.
Good luck to whoever is waiting for the price to drop under $500K. When OC is obtained and the capital gain tax is introduced next month, the selling price will certainly go even higher.

 
December 13, 2009 at 9:24 PMAnonymous

Hey GI Joe - what makes you think I am selling my unit, and facing the vacant land? Your response gave me the impression of an over reacted, inexperience purchaser of any kind of property, who will always dream of wanting the best.
Penang like any other growing city in a developing country is not a quiet, and pristine city with clean air. If that is what you seek, then you should look at a developed country with no new developments in the neighbourhood.
And, yes I am keeping the unit for myself. Not for sale for the reasons I have shared previously.
I wish you the best in getting your dream home one day in an A1 location with the price that you think is "right" for you. My advice, it is the market demand that determines the price, and as long as there is a demand the price will always be on the increase.
I think for the moment, most investors/buyers is on a "wait and see" syndrome.

 
December 13, 2009 at 9:44 PMUnknown

Why people are not looking at property within their own budget? And, then like to winch at other properties being over priced? Doesn't make sense. There are so many property around for sale, anywhere from $250K+ above, and yet there are some that cannot afford Baystar but still like to winch and expect current owners to sell at their expected price, which they deemed to be the right price. Funny.

 
December 14, 2009 at 8:38 AMObjective_Opinion

It's interesting that this has been a forum of asking people to boycott this property, that property. I always thought this is a website created for people to gt 1st hand info on current and upcoming properties, what's good and what's not.

Why wanna discuss abt boycotting? if the price is good and willing, purchase. If it doesn't suit you, just look elsewhere. It's really not value adding to have such discussion here as the pool of people wanting to buy : people cannot buy is 50:50. There'll be no winner.

For those who lobby for boycotting due to the high pricing, I suggest you guys always go and get the early info on new property release. Then purchase it early. I believe Baystar early price is ard 450 - 480K (1560 sq ft), maybe. So, if you have the wait and see game plan, don't go around bitching abt the high price. It's perfectly ok for people to buy and sell at higher price as everyone wanna make money.

 
December 14, 2009 at 11:12 AMUnknown

In my opinion, the owners will not and should not sell the 1562sq ft apt at 550k - 580k when the purchasing price were at 500k. The bigger size ones should be more expensive. Baystar advantage is location, location, location. Full facilities and great finishing and freehold. No other landed houses or apartment in that area are freehold or cheaper. Baystar is the cheapest there already. So if buyers wants to get at cheaper price, there are many options in Penang island. Buyers should look at IJM projects along the coastal. This should be a win-win situation. Not boycott just because cannot afford a high end apartment. If I have 600k-700k to spend, I might as well consider the SP Setia houses, much nicer

 
December 14, 2009 at 4:14 PMUnknown

To GI Joe,

It is clear enough that you are not afford to buy or invest any of the high end condos in Penang. Why? Simple, if you have the money, why not joint them, buy or invest a unit here and make a handsome profits?

If you are going to be hateful of the current trend in property prices, you should blame your Gov.

It is the Gov who introducing gain tax waiver and promoting MM2H and at the same time lack of control in property prices.

No point asking ppl to boycott cos not everyone thinks alike. As for me i will joint them to make a handsome profits rather that blame this and that and be hateful. You will never success in life if you are living in your own world. If you are smart enough joint them.

 
December 14, 2009 at 4:57 PMObjective_Opinion

Way to go, Penang Info.

It's very very weird to see the way GI Joe comment abt better to have SPI than to pay high amount of money for Baystar.
So, why not just go ahead to buy SPI?

GI Joe, come out from your shell. There are way too many affordable buyer out there that's willing to pay the asking price. Yah, there could be negotiations but it should be within the logic range. You must be in your own wonderland by thinking your persuasion here will work. Wake up, bruder! You are not in the league yet.

 
December 14, 2009 at 10:10 PMLooi Hong Aun

Well, let's not start a flame war here kay? To be fair, as much as sellers/investors can sell their units at a high price, buyers can negotiate and choose not to buy if the price is not right. Nobody can force you to buy or sell the units.

If you look at Baystar condo only, it lacks facilities and space as compared to other condos. But it still remain attractive and worthy of its price because of its location and amenities nearby (QBM, Eastin Hotel, Jelutong Expressway, Near Airport and Bayan Lepas FIZ,freehold on reclaimed land). This is specially attractive especially for those that work at FIZ.

Investors, like its name, decided to take the risk to buy the units at a cheaper, probably early bird prices in order to make a profit by selling it a few years later. However, it comes with a risk that if there are no buyers, they would have to pay off the property out of their own pocket. Worse still if the project get delayed or cancelled, they might not even get any return back on their investment!

Buyers on the other hand, are in a much safer position. I think most buyers would prefer to buy a completed property and probably look-see look-see to see if its a suitable place for living. If you buy it early, there's no way for you to know if the place is even suitable for you. Buying the property at a later time comes with, in this case, higher price.

I think there are still a few unsold units left by CP, so I suggest that all interested buyers to check with the developer for more details. You could also ask for the current market price of the units so aid your negotiation with the sellers/agents. I admit I have not much experience in the property business, but rationally, I find no reason to be angry and flare up at each other just on the pricing.

There are other alternatives other than Baystar if you're not happy with the price. As much as the buyers can boycott, the sellers can collaborately choose to set a minimum price as well. This brings no benefit to everyone (eg. Prisoners' Dilemma). Negotiate and discuss with each other. If the terms are all right to both parties, go ahead. If not, just forget it and keep looking. I'm sure there's a good deal that can be achieved, but nothing's easy at first glance in this world.

I hope my words did not bring offence to anyone here, it may even sound naive. But I want this board to remain a good medium for us to have constructive discussions.

 
December 15, 2009 at 11:43 AMUnknown

I agree with Hong Aun. I thought this forum is for information on Penang properties. I am surprise to hear all this bitching and mourning about "making profit". Of course, any investors who buy any property before the project is construct or finish intend to make money. That is why they are investors and businessmen. It deceives the purpose if the investment is to loose money. That's why investors take chances and risks.

The high property prices in Penang is not an isolated market. Look at KL and JB - they are even more expensive - spur by speculators and overseas investors, and of course, MM2H. If you have flown MAS, you would have read the Inflight Magazine advertising the lucrative Penang market as a great place to buy/invest in property. So does that mean there is anyone to be blamed, or that the investors are being greedy and to boycott the property? I think it is a waste of time to try and educate anyone that cannot look at it at a macro level (ie bigger picture).

Penang will always be marketed as the ideal home to invest and live by the property developers (as recently advertised by IJM and SP Setia) and government to compete with other bigger cities; such as KL, Singapore and Bangkok.

So the only way to benefit from the game is to get in early at launch time, rather than wait until the project is completed and then winch about the price being too expensive. After all, the price is determined by the market - and, Penang market is not restricted to Penangites only. So maybe blame it on the government?

 
December 15, 2009 at 11:48 AMUnknown

Oh, btw I am an investor and I bought a unit when it was first launched, and has no intention to sell it. Going to rent it out to expats working at FTZ. Already been told by agents that I can rent my unit for $4K minimum.

I have to say that I was not sure if it was a good investment or not, when I first bought it. Esp not sure about the area, and also how the place looks like except from the 3D model. Now I know it is a wise purchase and has no regret of buying it in the first place.

So, the saying goes, "Early birds get the worm". :-)

 
December 15, 2009 at 12:39 PMUnknown

This is free market , investor can ask for any price , buyer is the one decide to buy or not , and at what price.

So call onvestor always overreact toward -ve comments , stay cool if you are really confident with your choice. You can post +ve commens , but don't deny every -ve comments.
Some of the -ve comments are true . Let peoples judge themself , -ve comments also an information, useful to potential buyer , but harmful to investor .

 
December 15, 2009 at 2:17 PMUnknown

Realistically Baystar market value in terms of rental and selling price will be higher than Bayswater with the comparison below. There is no comparison between all the condos around QB area as they are not freehold.

1. Low density vs. high density (160 units vs. 396 units)
2. More exclusive and luxury (1562sq/ft to 2491sq/ft)vs. (1173sq/ft vs. 1636sq/ft)
3. Nearer to FIZ
4. Biggest and longest shopping complex in penang vs. Hypermarket
5. Eastin hotel vs. no hotel
6. Waterfront vs. no Waterfront
7. Porcelain tiles vs. ceramic tiles (Living & dining)
8. Timber strip vs. ceramic tiles (Bedrooms)
9. Bath room finishing are a lot of better in baystar

Bayswater selling price is approximately RM400-420 per sq/ft and rental is RM2.10-RM2.30 per sq/ft depending on levels. You do the math for baystar taking 5%-10% high on the selling price or rental.

This is my 2 cents consideration when I invested into this property.

 
December 15, 2009 at 2:22 PMUnknown

GI Joe, since your going into international market and talking about Dubai World, let me ask you a few questions. Do you think KL property prices are reasonable or Singapore property prices are reasonable or Hong Kong property prices are reasonable?

Why Hong Kong properties is so expensive, please study.

If you still think the way you act is correct and posting a useful info for potential buyers go ahead to boycott any project you like. As i said earlier not everyone thinks alike. If let say your mission is successful and all Penangites to boycott this and that project... but still the cash buyer foreigner will buy it as investment purposed (thanks to our gov policy). At the end the foreigner will get richer and we Penangites forever living in poor if we still have this kind of mentality...

That all i can say. You still can keep on be a stubborn Penangites.

To all potential buyers, if you are looking to buy property in Penang buy it at launching time.

 
December 17, 2009 at 6:01 PMUnknown

There are many cheaper properties at seberang perai area .Those who cant afford to buy baystar dont have to make noise like a monkey . You still have many other choices. Bangalow at juru only around 500K . Big and cheap!!Those condo at farlim around 200++K . Or Flat at padang tembak less than 100K(I think this one is more suitable for you). Dont force yourself to buy baystar if you cant afford becasue the maintainance is not cheap also.

 
December 19, 2009 at 11:56 AMspicysun

True, property prices in Penang is sometimes crazy. But what to do? This year is supposed to be financial crisis but tell me, is there any lelong at all? Maybe but good ones? NO!! I was hoping to pick up some good value property for a bargain, there is none and more developer launched their properties. IJM, SP Setia, Ideal, and many many more ... If those of you are going to wait for the bubble, just like USA, it should have come this year. IT didn't happen and now we are slowly recovering. Personally, my opinion, if you don't buy... you will find it harder to buy in future...

 
December 20, 2009 at 11:51 PMspicysun

Notice that GI Joe's blog has been removed by administrator in a few sites. He is such a trouble maker and rude in his remarks. He has to change his name now to blog nicely before he is removed again. Haiz...

 
December 21, 2009 at 9:47 AMUnknown

Sally Sally Night, I am still here, i give up to comment on 'investor wannabe' already. and now wat the xxxx u want to listen from me ?

 
December 24, 2009 at 5:13 PMProperty talk

John,
If you manage to find at that price or even 5% higher, please let me know as I bought for the same amount 2 years ago. We can discuss the commission offline. I can be reached at propertytalkative@gmail.com

 
December 24, 2009 at 6:47 PMUnknown

property talk? u don have a proper name ? calling ur object name will make me thought i speak to a wall or rubbish bin.

I bought property for own stay, not for speculating or reseale. I dont earn commission for living, mayb u should beg for other ppl to share it with u once they found it. I dont pity with beggar like u who don know how to make a living by ur own self.

oh ya, I have receive a response on 1803sqf already, still wait for the other units to compare.

 
December 25, 2009 at 11:34 AMAmdme

Hi Concern,
How can you make sure yourself will boycott? those that want to boycott please provide your real name so we will ensure you will just not try to benefit yourself by calling others to boycott.

 
December 28, 2009 at 11:45 AMProperty talk

John,
I wish you a very bad Christmas and New Year luck to get a unit at that price. It is going to be sad to have a neighbour like you. FYI, I don't have to beg to make a living but I jump into anything that makes money.

 
December 28, 2009 at 2:58 PMUnknown

Property talk ? Again don u have a proper name ? I don like talk to a object.

Pls let me know which floor r u staying? I will make sure I will not buy units on that floor. If this still can't sastify u, I suggest u buy over the 2 blocks n live with it which I doubt u have the $$ to do so.

Oh, now i know u don beg but like to jump in. u like to jump into other ppl business deal and asked for the $$ sharing ? r u a robber or wat ? I suggest u go thai get a small gun, and b ready to jump into any bank of ur choise to take ur $$ share since u like to jump into anything that u seems is right even not urs.

I will buy extra lock for my units so that u wont jump in as when u like. haha

 
January 4, 2010 at 8:14 AMWinson Teo

Heard from Chew OC to be obtained before Feb. Anyone can confirm? My brother bought The Uban later than me, but he is getting the key by next week. CP Land always that slow...

 
January 10, 2010 at 1:46 AMUnknown

i think every property has its own value appreciation based on the surround development and environment..a healthy economic is looking forward to see how the investment appreciate based on the future development and the improved environment..Penang now is one of the top mm2h foreign investor market especially tourism & property investment.....bayvilla going to be launched in singapore 4 million at least which is about rm800 to rm 1000 per sft..Plenitude going to launch new condo besides baystar which currently is a opened car park, they also talk about rm 550 to rm 600 per sft when new launched..pls dont be so immature to boycott the seller and people outside will laugh at malaysia as market is exposed and not limited to few guys like you..pls upgrade yourself as ijm also already new launch rm600 per sft and you guys still talking past 3 years grandmother story rm450k new launch..a mindset like this, i think you better position yourself in mainland or relau, for sure the place like queensbay not suit to you..as residency quality will influence the future property value & attract good investor here...dont be an obstacle when the world is moving forward..dont always think backward as it will result you into always put reasons and comments rather than action to invest...where are you when the jusco building is abandoned..investment return is rely on individual foresight and courage, so, my advice to you is if you dont have the 2 above, learn something from those in the past and dont comment something that lower your mindset...

 
February 24, 2010 at 3:51 PMUnknown

Is the OC already obtain for this condo?

 
February 28, 2010 at 12:06 AMDaYeah

Heard Gold Cost sinking..... true?? this is also reclaimed land?? pls help to throw some light.

 
February 28, 2010 at 9:36 PMtanprop

Heard that there was just a slight sinking at the car-park, anyway, it has been patched up. Personally i do not think the risk is high, queensbay mall is just few steps away anyway, they wont let the area sink. Lets Gurney park worry about it first, even E&O is not worry about the tsunami anymore. Anyway, the main strength of baystar is the location, as of weakness, i do noticed a few. First, the smaller units are all facing queensbay direction, no sea-view at all. The lower units will have full frontal with shop-lots, while the higher units will get afternoon. If you happen to drive past queensbay mall during 5-7pm, you can see the sun shooting directly into the balcony, must be hot. Second being the living atmosphere, the area is too crowded and not enough space for recreational purpose, eg. good walking path and green environemtn like gold coast. The traffic right infront of queensbay does bring a lot of dusk to the bulldings. Lastly, the pool there is really pathetic, good enough for arowana only..

 
March 1, 2010 at 12:34 AMUnknown

Pls have a look on the Putra Place where it is also under reclamation land. They confirmed encounter the crack problem. I wonder how this Baystar price can shoot up so high (580k-1.2Mil), as it was built under reclamation land with the high risk of land sinking also. With these price you can get a good landed property without having headache on the risk for land sinking or crack problem.

 
March 5, 2010 at 9:42 PMProperty talk

Congratulations to all Baystar Owners! Construction of the property has completed and Vacant Possession has been granted. I will be collecting my keys by next week.

 
March 17, 2010 at 4:58 PMUnknown

Baystar floor is cracking ? so fast ? wonder when it will sink further?

 
March 17, 2010 at 6:00 PMProperty talk

Lawrence, Where?

 
March 18, 2010 at 11:45 AMLooi Hong Aun

Lawrence, can you point out exactly where?

 
March 22, 2010 at 11:43 AMUnknown

Anyone has any idea the potential rental rate for Baystar for 1562sq ft? Will it rent for rm3000 per month for empty? partial furnish or fully furnished?

 
April 2, 2010 at 6:36 PMsokohaw

Wah....everyone is selling every where, yet the price is still so high??? RM500/sqft with seaview, more expensive than semi-D in minden heights.........I really wonder what is going on in Penang property market!

 
April 3, 2010 at 10:11 AMSawst

I was wonder how many sales had been done for Baystar . RM450/sq ft is very expensive especialy for Type A and Type E which is facing
queensbay Mall. Rm600K+ is same like Terrace House price at SP Setia

Can anybody tell me how many unit had been sold
and what is the price done.Or They just advertise without any transaction done.

 
April 3, 2010 at 1:10 PMbaystar fan

Hi Sawst , dont hesitate if u really want this condo ------ price sure go further bcoz location,location,location !
Easy access ( walking )to Queensbay Mall
with its wide variety of food, fashion and entertainment outlet has revolutionized the retail scene in Penang as a truly family oriented lifestyle shopping mall.
Easy n convenient is everybody lifestyle .

 
April 5, 2010 at 10:53 AMProperty talk

Hi Sokohaw/Sawst,
You cannot compare landed property with a condominium. They are different. Let me point out the differences here between Minden Heights houses, SP Setia houses and baystar condominium.

1. Facilities (swimming pool, gym, children's playground, security, etc - Landed doesn't have facilities. Even there are facilities on mostly the new development, you still need to drive there to enjoy the facilities where else in condominium, we do not need to drive to the club house.

2. View - There is no view on landed properties where else Baystar Type A, you can get a city view, queensbay mall, hill and even the roof architecture.

3. Finishing - Baystar: Porcelain tiles, timber strip floors, 3 Phase power supply, all aircon points and piping are ready, bathtub, Porcelain and marble for master bathroom and ceramic tiles for all other bathrooms from floor to ceiling, dual source water supply for you to enjoy proper rain shower, Height over 10ft per floor. Not sure what you have in Minden Heights and SP Setia.

4. Location, location, location, location and location.

5. Lifestyle

6. Safety

7. Density

8. Community

Why are certain condominiums appreciating faster than the others and why there are certain condominiums appreciating faster than some other house developments. The above tells you why.

Housing project comparison: E&O project compare to Mahsing project compare to SP Setia. E&O project appreciate much faster than Mahsing project and the slowest of all is SP Setia. This is because of the location, finishing, view, lifestyle, density, community.

 
April 6, 2010 at 11:44 AMUnknown

wa! so many unit for sales.

To buy baystar for 1mil+ I think people will consider landed property like BayGarden or D'ressidence which locate at the same location

I think Baystar price is too high. I also wonder how many transaction of sale had been done.

 
April 26, 2010 at 12:13 PMUnknown

Just passed by Baystar a couple weeks back and the whole building seems to be in total darkness at night. isn't OC had been granted?

 
May 10, 2010 at 5:33 PMszern

For those think that the place can easily rented out, please think again,

for rental higher then 2000 per month will probably hard to rent out.. people rather choose gold coast, villa mas, putra place which is only 1000-2000/month.

another factor you need to know is who is the target people who wanna rent..? if high income person they will already have their own property to stay..

how the middle income; they cannot afford to stay in such a expensive condos..

and market for demand rental is from the middle income ppl, which like those working in queensbay mall.

however this is just my observation from Queensbay area since Im working in the area.

If for own stay purpose, u better check the CP Gallery plan because as what I saw they planning to extend the land and more high building will be up in future..

 
May 15, 2010 at 7:01 AM亨利陈

Did anyone of u feel the earthquake the last 2 times? is it feeling stronger than before? I was staying in an apartment, I saw my LCD is dancing the Acheh earthquake last month. Not to spread rumors but hopefully any potential buyer think twice on buying condo in penang... is our condo build with shock absorption? the land is soft especially on a reclaim land.... with this ridiculous price, just pray hard for your own safety! Just my concern.

 
May 15, 2010 at 9:41 AMUnknown

There will be a 15 and 5 storey condo build in front and side of Baystar by CP. It will sure blok the sea view of Baystar. Those who want to buy and pay high price because of the sea view must think twice

 
July 6, 2010 at 5:19 PMQueensbay Residential Projects Forums Admin

Hello to all Baystar owners!

The Baystar community forums at http://queensbay.invisionplus.net have moved to http://bit.ly/baystar or http://s1.zetaboards.com/queensbay/index/ .

Feel free to join community there for further discussions and chit chat =). We welcome everyone to come and join us, irregardless whether you're an owner, investor or even from other projects nearby!

 
August 9, 2010 at 4:08 PMSCC33

Hi,

Can someone please advise what is the management fee/ft2 (exclusive of sinking fund portion)?

Thanks

 
September 7, 2010 at 12:25 AMtedd

Bors, Too much selling pressure at high price .Unfortunately no transaction is done . It is also very difficult to rent out. As a result no investor dare to take up the offer. the selling is crazy and rediculous and above the fair value. If the trend remained the same for next 6 months . There will be a crisis for Baystar speculators. It might another Birch Plaza .

 
September 7, 2010 at 9:44 AMUnknown

Tedd, get your facts right. More than 40 units have been transacted and price per sq/ft transacted ranging from RM370 (first batch upon OC) to RM512. Difficult to rent out? Are you sure? FYI, rental ranging from RM3.5k to RM6k and the take up is good.

Don't be too jealous about our investment and your comparison between Baystar and Birch Plaza is like a comparison between a durian and cempedak.

 
September 8, 2010 at 2:11 AMtedd

KH , are you sure ? Transaction done through which agent ? The agent will tell you all this in order to convince you to buy .... or rent....

 
September 8, 2010 at 11:56 AMtedd

do you like to know some good experiences of mine with those agent ? they can promise you moon and sky . some even love to show off by telling you he / she manage to sell this unti that unit . Unfortunately , i am one of the owner which never offer my unit for sale .

 
September 8, 2010 at 10:33 PMUnknown

Tedd,
Extremely sure. Info comes from new buyers, owners, lawyers, agents and developer.

 
September 8, 2010 at 10:42 PMjeremy tan

KH,
no point arguing with tedd.
He bought fettes residences and it is not doing well. So he decides to shit talk other properties to bring down its value and at the same time sing praises of fettes residences.

So far he claims he owns properties in every single property website. He claims he owns properties in baystar, marina bay, tanjung park, the brezza, e&o etc
the best part is that he shit talks about all of them except fettes residences.

i would advise us not to entertain him any further. he is clearly in his own dream world

 
September 9, 2010 at 8:57 AMUnknown

Thanks Jeremy for pointing out. I visited The Brezza and Platino page and find it very interesting that he is putting up bad remarks even for Baystar in the page.

 
September 9, 2010 at 10:03 AMtedd

I never say anything bad about Marina Bay , Tanjung Park and E & O .The fact is i already got the return for 2 and half years. Pls read carefully my previous posting. you will see the true picture when the develpper hand over the keys for Platino and BREEZA. Actually, i am talking about the value buy and not value buy which you only thinking about the negative side .. KH and Jeremy , maybe you both already put all your eggs in one basket . To me i have no loan commitment , even up or down , it wont affect me . But you guys will have sleepless night.

 
September 9, 2010 at 10:58 AMUnknown

Huh? Sleepless night? Why? Or the other way that you are having sleepless night? Tell me the truth Tedd as I am seeing that you are becoming more and more aggressive.

Tedd, lets change topic since this is a Baystar page and I will explain to you that your property will go up higher (if you ever own a unit or two in Baystar) in the next 6-12 months.

- In terms of valuation, the highest bank value per sq/ft as of 3 weeks ago is RM489per sq-ft. I don't mind telling you that I bought at RM274 per sq-ft during launching time.

- Low density, only 160 units.

- Sea view for certain units

- Good workmanship

- Only freehold condo in Queensbay.

- More freehold low and high rise condo will be coming up in the next few months. Expect the average price per sq-ft to be RM600 for high rise and RM750 for low rise.

- A minute to 2 walking distance to Queensbay mall and other shop houses/offices where you can do your shopping, groceries, banking (HSBC, CIMB and Maybank), restaurants and bistros, 24 hours convenient shop, hairdressers, telecommunication, dental clinic and many more.

- Public transport are available at your door step where there are a few bus stop, taxi stand and even aeroline to bring you down to KL

- Eastin hotel

- FIZ is just 5 minutes away and airport is about 10-15 minutes away.

FYI, occupancy is about 30 units now and tenanted is about 12 units with American, Japanese and local.

 
September 9, 2010 at 11:10 AMtedd

Well , i also bought at the low price level without bank loan . i can sleep well becasue even up or down does not matter . My advaise is , DO NOT CHASE AFTER THE PRICE . there will be a technical pull back .

 
September 9, 2010 at 11:14 AMtedd

the location is 10X better if you compare with the BREEZA . it is quite true. But BROS, the price wont go up everyday . It will take a break before going up again . dont be greedy .

 
September 9, 2010 at 11:31 AMUnknown

BROS is not being greedy here, BROS do not chase the market and BROS does not expect the price to go up by 1% everyday.

The next rocket will take off again once the next phase by CP Landmark which is expected to be launched in the next couple of months. This is what happen to Bayswater when the Platino was launched.

BROS advice to Tedd is stop mentioning that you don't take bank loan and it is not a smart idea of not taking a bank loan if you do the math correctly even if you are cash rich.

 
March 6, 2011 at 12:28 PMLouis

Difficulty in rent out & sell property nowaday. Any good suggestion ??
Sell/rent lower price ????...

 
August 14, 2011 at 3:43 PMSCC33

Ive been looking to buy High floor type B/B1 or c/C1, preferably block A.

However, there's news lately that boustead group was granted permission to reclaim quite a substantial land area in front of queensbay as well as the CP group has dispose a piece of land that's currently use as car park to another group for commercial development. Just wonder would the sea view of unit type B/B1 and C/C1 be affected?

 
September 30, 2011 at 11:52 AMPenang Chew

The Disposal of CP Group's land is not infront of Baystar, but to the side of Baystar which will be Commercial Property, The front of the baystar will have a 4-Storey High End Condo (Roughly RM800~RM1000 / sq ft.) high end condo. But the Boustead reclamation i have no idea if it'll stretch till the front of Baystar?? cos the land infront of Baystar is Already SOOOOO near Jerejak~?? might as well link Jerejak to Penang and make it ours~?? Anyone know where Boustead will reclaim their land?? but i know that Gold Coast and Putra Place will be largely affected.

 
October 3, 2011 at 7:12 PMSCC33

Chew, thanks for sharing the info. Yah, I was told CP still owned the land in front of Baystar but thought the original master plan is to build sea villa. I also think it doesnt make sense to reclaim land in front of Baystar as it is too near to jerejak. But if boustead bought the land next to Baystar (existing open air carpark) & with the claims that gold coast & putra marine may be affected, then it looks like the reclamation could be a long stretch. Anyway, let's just keep our ears & eyes open..hehe. Cheers!!

 
October 18, 2011 at 7:57 AMEvon W

http://www.apartment-penang.com/2011/10/cm-scraps-reclamation-deal-listens-to.html?showComment=1318895790220#c5545174057962663234

Great New,
YB Lim Guan Eng is scrapping the reclamation deal in front of Baystar!! Yohoo...

 
September 18, 2012 at 11:17 AMUnknown

Anyone know what is the current market price psf for Baystar realistically?

 
February 3, 2014 at 9:56 PMUnknown

Does anyone know the latest development plans around Baystar?

 
March 8, 2015 at 9:49 PMAnonymous

1.75 million? waaaaaaaaaaaaaaahhh


1.1 ok la

 
March 9, 2015 at 1:35 AMAnonymous

LOL. 1.1m for Baystar is price for 3years ago. Cant even get 1562sf ( no seaview unit ) with 1.1m.

 
May 11, 2015 at 4:19 PMA Wonderful Life

Looking a unit in Baystar, kindly email awktsp@gmail.com , thanks ! (direct owner only)

 
July 30, 2015 at 4:38 PMUnknown

Baystar For Rent:

1562s.f(RM3800.nego)
high floor
town view
fully furnished&renovated

1745s.f(RM3800-4500)
pool&seaview
high floor
fully furnished&renovated

2248s.f(RM5000)
fully seaview
renovated&furnished

Cane Low
012-559 2122
canelow.property@gmail.com

 
August 4, 2015 at 6:35 PMAnonymous

Baystar Condo fully furnished for rent at RM3500per month, lowest in the market.
Seaview. Agent or tenant are welcome to contact me Ms Khoo at 016-4750441

 
September 4, 2015 at 4:50 PMAnonymous

Bayster For Sale
1562sf -Fully Furnished Renovated -2cp -1.38mil
1800sf -Fully Furnished Renovated -2cp -1.8mil
2249sf -Fully Furnished Renovated -2cp- 1.95mil

Key With Me
For Viewing Pls Call Mr Goh 012-4105400

 
April 29, 2016 at 2:48 PMpris

Units for sale

2500 sf
Fully furnished and renovated
Movie in condition
2 c p
Asking Rm 2 mil - Rm 2.2 mil
Call or What's app Priscilla 012 4306788
One Asia Property Consultants (Pg) Sdn Bhd

 
May 3, 2016 at 9:09 AMpris

Unit for rent

Direct Seaview
2248 sf
Full renovated and furnished
Asking Rm 4500
Call or what's app Priscilla 012 4306788

 
May 18, 2016 at 12:43 PMAnthony

Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.

 
May 25, 2016 at 10:41 PMUnknown

For rent Baystar @ Queensbay Block B, 11th floor Unit no. 6. Built up 1745 sq ft. Overlooking pool. 2 covered car parks. Fully furnished. 3 bedrooms 3 bathrooms & 1 powder room.

Asking rental RM4,900.00 (negotiable).

Pls call direct owner Mr Kang at tel 017-4791766 for more info/viewing.

 
June 20, 2016 at 7:36 PMJaycus

Few unit on hand !!!

For sale RM1.2Mil for 1562sft
For sale RM1.48Mil for 1754sft
For sale RM1.85Mil for 2248sft

For rent RM4100pm

Kindly contact Jaycus 0172262899

 
August 20, 2016 at 9:48 PMUnknown

MERDEKA SALE !!! DON'T MISS IT !!!

BUILT-UP: 1800SQ. FT.
FOR SALE RM1.38Mil
FOR RENT RM4000/Month

Interested kindly contact Josephine
(012-4050263) to arrange for viewing.

 
October 6, 2016 at 11:01 PMTIMEBROADBAND

Dear Sir/Ms,

TIME FIBRE INTERNET is available in this condo
1)RM149/mth for 100Mbps
2)RM189/mth for 300Mbps
3)RM299/mth for 500Mbps

RM500 rebate if you switch from another internet service provider to TIME

If you wish to apply, please contact me @ 0124798769(alvin)

Have a nice day!!

 
October 13, 2016 at 11:20 PMAnthony

Few unit on hand !!!

For sale RM1.2Mil for 1562sft
For sale RM1.48Mil for 1754sft
For sale RM1.85Mil for 2248sft

For rent RM4100pm- 5000pm

Kindly contact Anthony Liong 0124333370, 01243338798 or email me at intradayman@gmail.com. Enquiries are welcomed. Owners who like to sell or rent are welcomed too.

 
December 19, 2016 at 5:20 PMUnknown

Hi All,
I'm Jayven Lau , Property Negotiator Mansion Properties
I Have Few Units Here For Sale and Rent. Please Call or Whatsapp Me @ 012-435 8316.
I Also Have Client Looking For Buy And Rent Here, Owner Are Welcome To Contact Me, Thank You And Have A Nice Day!!!

 
December 23, 2016 at 7:19 PMAnthony

Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.

Owners who are willing to let go or rent can contact me too. TQ

 
January 9, 2017 at 10:57 AMJenny Yeap

Baystar condominium for sale and rent
-2248 sqft
- move in condition
- available anytime
- rental price - rm 5000 ( nego )
- selling price - 1. 85M ( nego)
Interested please contact Jenny Yeap Mega Realty at 013-2 93 83 73 or email to megarealtypg@gmail.com. Thank you

 
March 20, 2020 at 11:37 AMDanny

Baystar Condo

Building name & address]
We heard your call and ta-da, here we are! Get on the fast lane with speed up to 1000Mbps

Submit your location, check providers availability and apply instantly with us.
OR WhatsApp / text / call 0122992092
Our Specialist will contact you.

 
July 28, 2023 at 3:18 PMChrisOoi PropertyAgent

Hi I have duplex unit for sale at Baystar
- RM3mil
- 5 + 1 bedroom 4 bathroom 3 car park ground floor
- 4500sf
- Renovated
- Seaview
- Low density condo
Located at Bayan Lepas
Selling with tenancy,suitable for investor
Call now to 012 - 5144922