D'Piazza Condominium located in heart of Bayan Baru Town Centre, easily access to Bayan Lepas Free Trade Zone (FTZ), Penang Bridge and Penang International Airport. D'Piazza Condominium consists of four 19-storey condominium blocks and with a spacious built-up area approximately 1,100 to 1,300 sq.ft.
The mix development project in D'Piazza benefits all the residents of D'Piazza Condominium to enjoy the modern lifestyle living and one stop location for modern lifestyle services including retails of branded goods, convenience store, fast food and fine dining operators, technology providers and lots more.
Property Project : D'Piazza Condominium
Location : Bayan Baru, Penang
Property Type : Condominium
No of Storeys : 19
No. of Blocks : 4
Total Units : 706
Built-up Area : 1,100 - 1,300 sq.ft.
Developer : X-Scan Penang Sdn Bhd
Facilities
24-hours security, swimming pool, landscaped garden, jogging track, BBQ pit, car wash bay, gymnasium, table tennis room, sauna, convenience store, Wi-Fi ready, intercom system.
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«Oldest ‹Older 1 – 200 of 569 Newer› Newest»not bad alot of people interested on this project. as I know already sold out from developer, only sub-sale.
Many ppl still Q up and waiting for bumi lot release from developer ... This non-famous developer x-scan assigned Henry Butcher as sale and marketing partner is a smart decision ...
anyone know bumi lot by when release to public? I also interested.
how much is this condo? has it been aprove to build?
When will this rojects complete?? It has launch for a year ago and seems that the developement is quite slow although they have started after launching. Even the shoplots havent complete for almost a year!!! i wonder the developer is reliable or not although the place is quite startegic and the condo is quite Cheap compare to others ?
What is the price for 1100sqft n 13000sqft?
Can anyone let me know what is the price unit for 1100sqft n 13000sqft? Thanks you
This project is a good buy during its launching but considering there're lots of purchasers getting the unit to make quick bucks in this high density development, potential sub-sale buyers really need to think properly before making commitment. Heard that there're already sellers asking for 260k for a 1000++sqft unit with 1 carpark in which the original price <200k. Too pricey and yet the project still under construction. Tips: there's no need to rush. Wait for it to complete first. If developer relaease bumi lots at reasonable price, it may be a better buy.
Please beware of unsolicited advice from people who talk about what is too pricey or what is reasonable. Thay may have hidden agenda.
i bet u r 1 of the buyer who wants to make quick bucks. not sure who has the agenda behind. anyway, if there're ppl who willing to pay premium, no harm done. i m only a spectator giving a general opinion. its ur pocket not mine.
i also bet u r one of the persons who want to get a unit but couldn't. But then, of course, u r only a "spectator giving a general opinion". Anyway, if i have offended u, i apologise.
very well. apology accepted. first time i got an apology blogging. hahaha.....anyway the market will speak for itself when the project is completed.
Hi. can anyone tell me the price for 1100sf and 1300sf? thx from:lyy
this project is pending now. i did observed it for the past 4 weeks. nothing move, quiesce, zero development. guys, anyone know what happens??
sign of abandon?
I think they are rushing to complete the shoplots first. Once the shoplots are completed, they will concentrate on the condos.
For my opinion, the possibility of abandon is quite low coz i heard their shoplot and apartment is all fully sold...thus,tht's is no reason for them to leave the project abandon while the profit is 2 step away
the material cost is increasing tremendously nowaday. if the developer could not affort the cost then they may fail the project anytime. anyone can help to find out the actual progress? just to make the buyer are save
anyone knows about this project? wats goin on now?
nothing happen. has been stop for quite some time. nobody know what is going on...
anyone find out about the status of this project?
The project still going on. Pls be cool..and calm...
Yes, be cool and calm. Built until 5th Floor already.
Progress of this project too slow :-(
yes..very slow....i dont think they can complete the commercial lot by quarter 2 as wht the developer promised.
Anybody feel that the shop lots infront will causing problem to the condo?
The shop lots are facing great competition from The One opposite. Hope it will not become another Mayang Mall. HSBC also already move out....
They said the completin date for the condo was end of this year. But now.... if they can complete by end of 2009, I am OK already.
Come to think of it, it is not that slow. They have to build 4 blocks. That is why look slow. Pass 2 months up to 6th floor already. By the way, a lot of people enquire interested to buy sub-sale but dont dare to commit. Please dont waste owner's time if not serious.
they longer it take, the higher the construction cost. Just hope it can be completed as soon as possible.
I heard that 3 blocks link together not 3 different seperate block :-(
Ya.. the 3 block (1300sf) linked together but different facing and life. The 1 separated is 1100sf. I bought 1100sf unit.
Hi, I m interested at 1100sf unit, preferable above 10th floor, 2 car parks. Price below RM260k. If interested to sell, pls contact Heng 012-711 5240.
Heng, you have to wait...just wait...real long wait...for below 260k...
Hi, Heng,
I do hold a 1100 sf unit, 2 car park, level 11..... but I do think I will sell it with RM260K. Probably will only consider at RM280K.
Anyone knows what is the progress now? During the launch, we were being told that the condo will be completed in year 2008. However, by looking at current situation, it doesn't come to be truth.....in this case, are we able to claim for the late completion fund from developer? Anyone can advise?
Complete in 2008 is only committed verbally. Purchaser only sign S&P in Feb 2007, which means developer have until Feb 2010.
However, I think the speed on condo will be faster after the mall completed, if they did not affected by the raw material cost increase......
They can built 3 levels in 1 month, as they claimed...
I guess we could only hope they can complete the condo by end of 2009. I already get other condo as I cannot wait anymore.
Quoted : "Heard that there're already sellers asking for 260k for a 1000++sqft unit with 1 carpark in which the original price <200k"
The starting price should not be lesser than 200K. Please correct yourself.
At first, I'm curious of how they could sell at lower rate for the comparable location and build-up area. Heard it is due the owner of X-Scan is having political connection and able to acquire the land at better deal. Anyway, don't know how true it is.
If the project is successful, I believe it's a good deal. I checked with Maybank before decided to purchase, the company is first tier developer in Maybank financing category. Not an expert in finance nor business, how secure the statement to the purchasers....? Anyone could add inputs from here....thanks and appreciate!
I heard maybank is the bridging financier. Maybank and UOB have given a lot of end financing for this project. Banks nowadays are very prudent. If they are not confident, they will not give end financing to purchasers. Maybe this a sign that we dont have to worry so much.
Below market price mostly because high density. Total 700 plus unit to be built. For normal construction, at most 300 plus units only.
Actually, 1100sf is better because it is idepandent and only have 200 plus unit. 1300sf have about 500 plus unts, in 3 blocks.
Someone notice that the show room at the site was removed? And not sure if the sales office at Sunshine shoplot still operating?
passed by the site during lunch just now. Only a few workers were working. Hope they can build faster.
Lucky approved freehold before change of government.
I have check out the construction area from Mayang Mall car park (behind). Looking at Block D and it is only complete for 2 level only compare to Block A, B, C with six level.
Why they build Block D so slow? Any comments?
regards,
mimi
Hopefully X-Scan is not out of money to purchase raw material as the commodities pricing is sky rocketting up... Or what kind of quality they are going to provide us? Anyone has any insider news to share... bit worry here...
yeah, i am very worried on the slow pace of the development. imagine a condo being 1 year into construction and haven't reach 3rd storey. anybody know why this development is slow? delay on the shoplot completion, could it be $$$ problem?
Hi Bryan,
Below RM260k at this moment is a very good price. I take over all the risk ...Bear in mind, almost 1 year construction, not even reach the 4th floor.
RM 280K is ok if completed. (heng)
Hi, Anonymous,
The choise is yours. 260K is for the units with 1 carpark. My unit is with 2 car park, at level 11, with good number (most Chinese will love it). Not too low yet not too high. the view including PISA and The One Penang Cyber City (in next 5 years). Still have chance to see the Penang bridge (only know later).
Selling below 260K is almost equal to selling at lost because I already started paying interest, and need to pay for developer for concession and Bank as I am tide up for 5 years.
If 260K, I prefer to keep the unit for rent and sell it after 5 years.
Thanks for your interest anyway! And sorry that I will not consider anything less than 280K.
heng : you gotta wait, wait real long for 260K. I am very sure it will not go lesser than 300k when its completed.
Ya... the price will be good just because of the location. It is in the city heart, covered under Penang Cyber City phase 1, which already completely launched.
Also, near FIZ, hospital, Bomba, shopping complex, comercial lots, PISA and so on.
If The Spring (1000sf +) can shoot up to 300K plus with lease hold status, I don't see any reason this project cannot. Furthermore, the house structure is much better than The Spring.
Friend, The Spring has seaview, can't compare with D'Piazza.
has they released the bumi lot
I will say, The Spring have half sea view. OK. The SPring also a good one, so as D'Piazza. :)
Just passed by the construction site during lunch time. Block A, B, C, level 7 in the making. Block D already at level 2. The shop lots plastering and painting almost 60% completed for the side facing main road.
I heart they will not released the bumi lots. Or maybe only after OC obtained for better selling price.... 300K?
i heard that d'piazza have already sold out and bumi lot only left 1 unit 1100sq b'coz previous buyer can't get loan approved. Anyway someone have a made booking at that lot....
so know hope x-scan will faster the progress so they can made profit faster....
i check myself with maybank & income tax dept b4 bought d'piazza and good new their finacial (cash) good and good paymaster tax payer under x-scan & seraimas (previous company)
Even bumi lots also sold out? So good respond? Maybe because selling below market price at hot location.
Until now, did not see much sub-sale activities here! So, I think most of the buyers will move it or intent to rent it.
There will ba a lucky drawl for all buyers. Anyone know when?
i dunno why the hoo-haa on this apartment, it smacks right in the middle of Cyber City. Anyone notice it's already crowded (car-park) during peak hours? Imagine the nightmare when another six to seven hundred units with probably thousand of cars going in and out of the vicinity. Live in so-called "crowded place" (with lotsa commercial activities) or live in (not so congested) "proper residential place" elsewhere.
I thought once you decided to live in Penang island, you just can't escape from the crowd? This is developed city and most of the area is crowded. Do you have any suggestion on those "proper resident place"? Don't tell me at mainland as I just move over here from mainland.
The good thing is, people stay in D'Piazza can just walk to the commercial areas for shopping and other activities. Can avoid the traffic, no need to look for car park and pay parking fee. Also can walk to PISA for any exhibition. I believe most of the resident probably just work in FIZ, which is 10~15 minutes driving distance away. To be in the crowd, we actually avoid the crowd, while others need to drive to the crowd.
This is city life. Can be lovely if you know how to appreciate.
One man's meat is another man's poison. There are people that like to live in urban areas for convenience.
I think we have no choice in Penang island.
I used to stay in a proper residential place, a semi-D in mainland. It is only about the price of D'Piazza. I used to experience the bridge traffic everyday and surrender now. Today, my friend just trapped on bridge for 1.5 hrs.
If we stay at Balik Pulau, Sg. Ara or Greenlane, we still have to travel a distance and finally still trapped in the traffic.
Unless we are not working in Penang island.
This is just my experience.
Hi Bryan,
Which one will you be staying later? D'Piazza or I-Regency?
Haha. Sharp observer!
I just like both.
hello bryan,
I think u know very much on D'Piazza. I m interested in this property and the other day i went to the sales office, the sales person fail to provide me any info, just ask me to wait for sub-sales. If i m going to buy D'P, I need to know more especially about the building structure and layout (eg, which block facing which road, any lobby, visitor c/p etc), if u r interested, kindly email to me phyonlai2005@yahoo.com
thanks!
Hi, Lai,
The information available in this blog is almost all I knew. I could add a bit more as below:
1100sf:
1. 1 block with about 20 levels. Each level consist of 20 units. 10 units facing Jln Mahsuri (North). 10 units facing 1300sf block's swimming pool.
2. Bottom 3 to 4 levels will be car park.
3. Swimming & other facilities is almost the same with 1300sf unit, plus additional tennis court. Swimming pool located above the car park, at the same side with 1300sf swimming pool. Tennis court will be at the side facing Mayang Mall, same level with swimming pool.
4. Management group is separated from the 1300sf blocks, which make 1100sf condo consist less than 300 units.
5. Maintenance fees will be RM160 per month plus 10% sinking fund.
1300sf
1. 3 blocks with different facing, and linked. This form a U shape. 1100sf block is like a bar covering the opening of the U. Each block less than 200 units.
2. each level consist of 10 units. Some units facing Persiaran Mahsuri (West), Seri Malaysia (South) and Mayang Mall (East). The rest will be facing the swimming pool located in the center of the U shape.
3. Maintenance fee, RM180 per month plus 10% sinking fund.
I guess this is what I knew. Other friend may help to add if any.
the blocks are 19 levels, not 20 levels. 1300 sq. ft. got 9 units each floor, not 10.
Thanks for the clarification. Obviously, u r owner of 1300sf and I am owner of 1100sf. :)
It is surprising that high density building can provide any relaxation to the residents? Owning a 1300sqft and sharing with about 500 odds units is hilarious! Imaing 500 units x 4 persons = 2K ppl and paying >$200K for such density?
Anybody ever thought of after OC building management problem ? maint fees collection ? Lift, swimming & common property vandalism ? And the most fearful of all, management committees appointed by the developer! heard of,for example, some Pernas projects had the sinking funds squandered away!
How to pay for repainting? repair? and so on?? This project has 4 big blocks, pls guess how much it costs to paint them nicely! Over $100K !
Again this is the high density issues arise nowadays. Hope we could form a strong committee here
What to do, man... we are staying in island and we only afford to stay in high rise building. It's really depends our luck later if we hv a good property manager. If you pay for higher cost, then you can choose to stay in lower dense apartment/condo. We are not millionaire, we are not afford to buy landed property in island.
D'Piazza selling point is the location. If you don't buy this idea, for sure this is not a place for you.
By the way, ~200K for new property (~230K for 1300sf), hardly get else where.
1300sf and 1100sf are under different management. So, this actually make it into 500+ units and 200+ units project. Still under acceptable density range. Those less than 200 units normally are higher end condo which is more expensive (300K+ with same size).
Management wise, after obtain the strata title (about 6 months after OC), the residents have option to appoint thier own management. There are a few good management companies around Penang.
200K+ for this type of condo, I will say it is worth for your money.
no doubt this location is good but the ironic thing for buyers are the high density makes it too crowded. at the end of the day, buyers has to choose between conducive relaxing home versus convenience of strategic location.
hi, can someone pls tell me the 1300sf is it come together with 2 car park? thanks!
anyone knows this condo got lobby for guest and visitor car park?
lobby at which floor (if have) thanks
got visitor carpark. other info not sure.
The windows were installed for the mall facing north. Painting also almost completed. Looked nice.
Very slow this project but price reasonable. Luckily that time I din choose D'Piazza and go for Palm Palladium.
PP location is unacceptable. Location is rule number 1 to select a property.
This project launched in Oct 2006. It is only 20 months old. At the same time, they are building a Mall. Wat define "slow"?
PP only need to built 1 block 28 storey without any shopping mall. And they also took about ~27 months until today and need to wait for another 4 to 5 months before you can get OC. Could take up to 32 months for this smaller project.
Buy RM200+K with 706 units? Then I better pay for 2 low medium costs flat only costs RM150K with same sqft. Haha....
Fren, the highest property transaction is properties with price range 200K to 300K. This means the properties in this range are the most popular.
You can use 150K for 2 low medium cost flat, but end up no second value and low rental rate. After 10years, you might only able to sell both of it at total < 200K. If you stay there, prepare for fighting for car park everyday, and install better alarm system for your flat and your car.
Condo is the best rent yield residential property, and with 4~6% appreciation rate per year. I can easily sell it at > 350K 10 years later.
Either you want to stay, to rent or to invest, you should think twice to put your money into a flat, unless you have no choice.
Hopefully this project can complete and obtain OC or else don't talk about future selling prices on it.
Nothing wrong to talk about selling as there is no sign that the project will stop. Progress observed daily.
The progress of the condo will be faster after the mall completed.
I heard that the mall another 6 months just can obtain OC, true? Please advise.
Not sure but by the time the condo OC obtained, the mall should be operating already.
The sales person said (in 2007) some new oversea francis restaurant will be operating in the mall. Not sure if this is true.
what i think is the condo is going to be completed on schedule. i hv already check with bank that x-scan is performing and all construction at mall & condo according on their schedule of construction. don't worry la guys...don't be stupid pls check with the bank and LHDN and KPKT...don't give silly comment coz u all might be bullishit a lot.
Painting started at the other side of the mall.
1300sf block structure up to level 9 already. 1100sf block still at level 3.
Any kind soul can update with photos?
I don't think we can go into the site and take photo.
Just the out look?
At least we can know hows the progress going on.
** Im in SG
so far no bricks yet, just the main beams (skeleton) until 9th floor. do X-Scan have problems to purchase bricks due to increasing construction material prices?
there are no high raise building surrounding accessible to take any good photo.
I actually plan to get a unit, but the number of unit there (700+) really make me think twice.
As I believe most of the buyers bought that property is for investment purposes waiting for subsale or rent.
Imagine if 50% of the buyers are waiting to rent or subsale their property or after the completion, only 70% occupied, which mean there will still be 200+ units which are vacant.
Then I think is not so safe to stay in such place.
After a few years, it will be like Sunny Ville or N Park, when there are new project coming up, people start moving to other place and make those high density condominiums not even 70% occupied.
I went to visit my friend who stay at Sunny Ville, there got 6 blocks and 500+ units and also not fully occupied. When you go to the lift, is quite dark and quiet. So is not so safe when go back home late at night.
Just afraid that D'Piazza will be the same.
1100sf and 1300sf will be with different management, swimming pool, security and other facilities. 1100sf only 200+ units while 1300sf also only ~500 units, which is middle density range.
The main problem of N-park and Sunny Ville are, not convenient plus traffic issue. Besides, smaller built up area and less car park.
If you perfer lower density, only condo above ~350K will suit you.
This is something cheap and big, with strategic location.
Lower income people will buy it for stay. Middle income people will buy it for rent. Rich people will buy it for re-sell.
I know a few friends who also bought this condo. > 50% of them are bought it for stay. Only 1 to 2 bought it for rent and none of them bought it for re-sell. Just a statistic with small sample size.
So, it won't be 70% empty, or even 50% empty for a condo in prime area.
It is normal for people moving out after > 5 years staying in a condo for upgrade to a higher condo or landed house.
X-Scan have problem to purchase bricks? I thought steel is more expensive?
Construction always built the structure first, then only built the wall. Nothing to worry.
The progress today enable X-scan to collect ~30M already. Besides, the Mall almost completed, will make about hundreds of millions into their account. There is not reason for not able to buy the construction material. Unless they take the money and run away.
My worry will be the owner buy for rent, most of my friends bought it for rental income. Imagine, it's so strategic, near to FIZ, the upcoming The One, The D'Piazza Mall, Sunshine Square, Giant, Suntech, all are potential to rent out... so, imagine... I hope not to become another Putra Place or Villa Emas.
If for rent, they can either rent to engineer level, or small family.
If the area is strategic, they will be a lot of people rent and stay there. So, the staying rate will still be high.
Low income people may not afford the rental there (I guess minimum 1K?). So, will mostly stay by educated people.
Just my analysis and opinion.
I too think that the rent here should be >RM1000, seeing that a fully furnished Putra Place could fetch RM1300.
Probably a big percentage of the buyers bought it for investment. But I doubt that the subsale value could be more than 30% from the original price when the OC is obtained.I think the high density would make the subsale market competitive for the owners. Anyway 30% is a high return so best of luck to the owners.
I have an optismistic friend who hopes that his 1300 sq ft unit (2 carparks) could fetch RM330K by the time OC is obtained.
Hi, Fiddler,
If after OC, you cannot sell at 30% from original price, just keep it and rent it out. RM1300 per month is a good money.
During this time with high inflation, it is better to keep a condo than cash. Let the condo appreciate slowly (~5% per year?) plus rental return (~5% per year), you still can get 10% per year, which is more than individual inflation of ~8%.
DP
ya..ya.. My friend's loan has a 5-year tie-in period anyway.
The return might not be as good as other higher end project, but this is an affordable investment, and is a good one.
For sure hard for speculator to fry the price coz of 700 units.
Anyone have any idea will the price increase of steel, food, cement and petrol impact this project?
I heart we cannot sell until OC obtained.
guys...from what i noticed here is that owners and non-owners of this property is busy away anticipating the rental and the sub-sales price of this property...
i have purchased this property in early 2007 and i noticed the progess of this project is relatively slow?!
seeing that u guys are busy happily with the anticipation on the profits on rentals and sub-sales, arent u guys worried on the pace of the building progress? well, for me i am!
no harm in anticipating on rentals or sub-sales but dun u guys think its too early for that?
for me, i would put my main concern on the progress of this project!
cheers guys!
I almost LMAO seeing how you guys fighting and trying to convince each other to believe into something which is true or...well..untrue. Is it absolutely vital for you to do that? If you're a believer, keep it that way. If you're not, why not just walk away and stop bothering us? Oh, by the way, I am just a small tiny little owner that owning one unit D'Piazza.
????
I really don't understand the latest 2 posting. Maybe I am a bit blunt....
The project is slow.... yes..... maybe..... try not to compare with the project with single or 2 blocks. This project consist of a mall bigger than Mayang mall, and 4 blocks of 19 stories condo. So, no too slow la.... Still people working as per yesterday.
Subsale, renting.... Well, what's wrong by discussing this topics here? If can subsale now, why not? If can't, will the people stay in or rent out? Isn't it a good topics instead of just waiting?
And nothing wrong by feeling happy about this as well.
We actually can't do much on the pace, right? And we are concern on the pace. Just visit another blog which showing the progress photos.
I just wish the project will be completed as schedule (or delay a bit is OK, as long as still in progress). Besides, we still can discuss on other topics related to DP. In fact, I am looking for more related news........
With the cement and steel price hiking, coupled with diesel hike, the capital is going up by 30% estimatedly. The ori price is at 190k to 210k, it is under-capital and the developer is ready to consider the worst situation as the margin is squeezing to loosing money.
Hi, has anyone sell/buy for D'Piazza unit successfully? Is it true that we can't sell until OC is obtained? Thanks
Just hope that they earn enough money from the mall to cover the condo project.
develper selling off all the units at low price, this may cause them not able to cover their construction cost as the material is up by 30% recently, the cost may further up again if petrol price continue to hike.
for developer stil not selling off all the units, they still can raise the property price to cover the cost. i think x-scan really under-estimate the cost hike, they may face financial problem if construction cost increase again, good luck.
i can stil remeber the constrution of QB mall get abondoned last time due to the previous developer not able to cover the cost, i really not sure how x-scan able to earn by selling at this price, maybe with previous material price, they able to do it. but the situation now really worrying, 30% cost hike is a lot.
the mayang mall, QB mall, also get abondoned last time although the strcuture is 50% completed. N-park developer, also declare bankcrupt althought completed the project, thus the project can't get title until now. so be aware and keep checking, we cant guarantee if it is not fully completed and obtain OC.
To the above anonymous,
May I know N Park was build by which developer? and what is the title right now? Not free hold? I plan to buy a unit there. Many thanks.
Can someone show facts that the developer is suffering? Don't just assume.
The developer bought the land at lease hold price and sold at leasehold price. Just because cheap does not mean they don't earn.
My guess is Block D price will fry up more than the rest, because only 1 block and more ideal design.
N-park developer is pernas. the project is selling well that time, but developer also run away. for title details, please consult banker, as what my banker told me is cannot transfer name as usual SnP process, need other documment to proceed with selling/buying process. and due to developer already bankrupt, the project will not able to get strata title.
hope d-piazza will not face the same problem, just be cautious, anything can happen in bussiness world.
i'm also an onwer of 1300sqft, and i do pass by the area almost everyday, the building is progressive everyday and reaching level 9/10 now. I heard that shop lot is selling at above millions. So, pretty sure X-scan are making tones of $$ from there.
Please be careful of what you say. Get your facts right first. It is PENAS Not PERNAS. You can get sued. They did not run away, their office still at One Stop. Still can get strata title. Havent you heard of Official Assignee??? Maybe time for you to change your banker also. Other projects abandoned DOES NOT MEAN dpiazza will be abandoned. Simple common sense.
confirm n-park developer is pernas, n the developer already bankrupt.
Ok lah. Whatever you say. I was replying as to whether they "run away" as stated by you not as to whether they are bankrupt.
get sue? sue who? do you know who i am? ha ha ha...simple common sense huh.. ha ha ha
Childish. If want to trace, can trace. Dont think by being a coward, people cannot know who you are.
trace? i am sure u r watching too much of movies and u believe it is very easy to do anything in computer world, ethan hawk huh, ha ha ha ha. u think it is that simple to trace who write the blog? do u know how much time, effort and money needed in order to do that? i tell u, no body will do that stupid thing, be realistic and operate ur brain a little before write anything.
The construction still in progress. Don't try to predict any thing. It is ok to be alert, but no point saying without facts. Appreciate if you have some real info about x-scan having problem, like what Nusmetro having now.
Don't do "hit and run" things and hiding behind anonymous.
Let's focus back to the consruction progress.
Ok lah, Ah Beng. I will "operate" my brain a little.
ya..totally agree on that..jz make sure we check on the actual construction progress whenever developer ask us to release bank fund to them.. the actual progress should match the release of fund..
as for the tracking thru email/blog entry, pls grow up..no one will spend so much money to track thru blogs and emails jz to sue someone unless they have real intention or even the capability & capacity to do so.. else the person who posted his entry won't be called "Anonymous" in the first place.. we're living in real world & not in make-believe world..
No Offense, but for someone out there who only dare to post as "anonymous", maybe it's time for you guys to grow some balls and be a man for change! As for that stupid thingy to track you down?? Well, who cares about a garbage in the dumpster? As for someone who is not optimistic about the prospect of D'Piazza, maybe you just shouldn't linger in here. Geez, is that too much to ask?
aiya, if you guys are confident of the project and the developer is really dependable, why u guys so emotional? Just ignore their criticism la...
haha...i agree . why worry the baseless comments ler.
I am an owner and i believe 100% that my investments will bring great returns. To those who bought it, congrats! because u r one of the lucky buyers....the queue was so damn long and i was so lucky to be able to get one...
Till today, i heard many ppl still queuing to get one....imagine the prospects man!.
its human nature..ppl tend to choose to listen and observe positive things and choose to ignore the opposite.
i am not sure about you guys but i am kinda worried abt the progress of the project. no doubt the commercial units are progessing really well and it's almost towards completion. kudos on that!
however, with the rising cost of building materials, i am afraid the project might not be on schedule as planned by the developer.
no doubt the project was sold at a very reasonable price and even below the market value at that point of sales..approx RM180psf. well, i am one of the purchaser too..and i hope it will bring profit and returns as well. dun get me wrong but with the current economic situation that we are in now, i dun think that the developer has anticipated on what will happen to the global economy in the past as it has occured in the current crisis that we are in now. material cost has sky rocketed.
as for what i understand, this is the first project that the developer has ventured into the PG island. thus the developer has tried to gain the market response by selling it at a reasonable / below mrkt price in order to have an impact on the sales volume and it did (even if it means minimal profit). however with the current economic situation, it will be rather difficult for the developer to keep pace with the progress of the construction with the current rise of building costs.
well maybe i am wrong..but it's simple economic theory.
i wouldnt be worried much if the construction stage has reached at a higher stage now say abt 80% but now, it's like only 20%. i havent received the progressive billing from the developer for quite sometime now..and its kinda a worry to me.
i do agree with the earlier comment posted whereby its no harm to speculate on the subsales and profits as properties are assets to us. but i am too kinda worried with the progress...
lets just hope that everything will be as scheduled and the increase cost of building materials will not jeopardize us as purchasers.
u shud pray that the material cost will not increase further. if it is really happen, then high % that the developer won't be able to cover the construction cost. the current economic situation is still not the worst, if you guy got read newspaper or online news, you shud realize that the housing developer already feel the pain and request government to give assistant to the housing industry. is x-scan so reliable and financial stable? a serious question for you to find out.
if you hv a developer friend or relative, then you better ask them with this selling price, and current material cost, is x-scan able to still hv profit? i think they can give you the answer.
For those who worry...please sell immediately. This is the only way to solve your worries.
Don't keep the property and keep being doubtful...don't be NATO. No action talk only.
Heh there to the anonymous dude above. Your comment is cheap. Dude, u might as well don't comment at all. Save your embarrassment. How to sell at this point of time? Can't sell it before the property is completed la buddy! Even it transactions can be done now, you think owners will sell it cheap? Even if owners want to sell it now, will there be any takers due to the current progress / developer situation?
Let us just pray that the construction will go on smoothly.
Everybody is just giving out their opinion.
OK. SLOW is an interesting word and I kinda like the way how you guys abusing it(it's not ok to say F word in here so I "dress it up" a little), over and over again.
Please, by all means, help me to understand, is this D'Piazza project crawls in the turtle or snail "slowie" pace??
2 weeks ago, the work was done til 10th floor and today, I went to observe the progress again. You know what, partial of the 11th floor already in progress.
So, to those people out there who like to use the word "SLOW" so much, kindly help me to comprehend with your best interest of "SLOW".
Why worry so much.... the construction in progress.
I am sure that this will be a good location as it was very near to PISA as well as Penang Airport
ah lui, dun so kan cheong ler..everytime someone comes up with negative comments, u jump and hit the roof. dun get emotional. the project is well on schedule.
Dear Anonymous...
No la, I am not nearly as kan cheong as you think I am.
In fact, I just find some of the comment hilarious. Some shows the stupidity which is quite pity...some shows the idiotic which is quite pathetic. I guess this blog just been visited by a bunch of smart @sses that good in making up stories. Penang is really a beautiful city that full of kaypoh and no wonder our lovely bridge can be so jammed. Oh, that's irrelevant and you can just ignore it. If you insist on reading this, read it at your own risk! haahaa
time will tell whether x-scan will pull thru this project. they are very new and has no record with all those negative economic situation, i am sure lots of house buyers will be worried. just dropping my 2 cents of advice here. if you are buying for own stay and not in hurry to move in, i guess you have not much worries. as for speculators, the current situation doesn't seem positive for you. 500++ units and imagine if 20% of owners wanted to sell for quick gain. what makes your unit more stand out than others? if 10-20% above purchase price, i think still reasonable but i doubt above 240k for std units. pls note that this is a blog and the same eprson may use different "anonymous" identities to speculate and work out some incorrect facts. some may put up +ve comments and others may assume different identities to post -ve ones. so watch out reader. trust yourself. i notice that for some good projects, there are -ve comments which are not valid and for some so so projects there are lots of positive comments. which one is true which is false, trust yourself, do homework and check it out.
I am amazed with this forum. Seems that there are many non-buyers putting all the -ve comments in here. Why ar?
Shouldn't non buyers be somewhere else minding issues related to them or go kaypoh other project forums?
This is like jaga tepi kain orang lo.
Some ppl gve 2 cents advice, some ppl don't even know that we can sell before the condo is completed.Some even
I guess the non-buyers just full of envy of the real buyers.
I really hope for facts here. Real info of the project...This is what this forum should be about.Now this is my 5 cents advice to the non-buyers here.
this is blog, PLEASE understand what is blog!! everyone can write any comment they like. u cannt control it...wake up!
Everyone can write anything comments no matter -Ve or +ve..
U cant control it..
Btw, i do hear the BLR will increase. Do anyone hear that?
Dear Anonymous,
Very interesting comment and I think you've just outlined a new syllabus for BLOG, that's you get to talk with no responsibility. Perhaps this is the way how you were brought up. How I wish this behavior will not be passing down to your next generation and so on, but I guess it's very likely to happen.
By telling people to believe into something which is not entirely true, is just as much lie as lie is. I do hope it for you that you're atheist because such act (fabricate facts) does not carry the meaning of being religious. Or, does it? It's not my problem anyway.
Of course, you can say whatever you want, if you think the blog is a responsibility-free-space. And you're right, we can't do anything about it. After all, that's what our PM does. I salute you for having such a good genetic blend that you're almost comparable to the PM.
By the way, don't bother to reply to me again as this will be my last posting. Oh, I had great fun being in this neverland (never-the-fact-land).
ah lui, u should not write anything in any public blog and forum. ur personality does not allow u to do that. and, pls watch ur word and do not write those silly sentence to insult ppl, u think this is what u called 'responsible'? u r very rude indeed. if u cant take ppl comment and only want to c what u wan to c, build ur own blog or ur own wonderland, go off from any public blog...i am sure u c this due to ur suck personality
Yes, I agree. Lui, do watch your sentence. Respect other, respect yourself.
hi all,
this blog pop-ed out while i was surfing for property related items and i read the entries with much amusement because if i'm not mistaken, this is a property blog & not about being atheist or religious or whatever in between..
to the anonymous who replied to Lui's entry, you have to understand that there are some ppl who voluntarily cocooned themselves in their own make believe world that they're more "socially or ethically responsible" than the others..
so, we as normal blogger (or not) should not be so pissed with his comments cos normally, it will tend to backfire. each & everyone of us have our own thoughts which makes us human in the end.
being atheist or religious does equate that you'll be a "socially or ethically responsible" person. it's your own conscience that matters
i would suggest us to post entry related to this property instead..good luck
ANDY just passing through
sorry, need to correct the statement..
being atheist or religious does NOT equate that you'll be a "socially or ethically responsible" person. it's your own conscience that matters
ANDY just passing through
http://www.kwongwah.com.my/news/2008/06/28/86.html
不动产联盟:物价波动政局不稳 大量房产料搁置
more housing project will be stalled.
The mall almost completed. Condo construction still in progress. Less concern.
More worry for projects which are not yet started or just started, but already launched.
Anyway, this project almost sold out and the what the owners can do is just wait and hope it will not delay too much. After OC obtained, this condo will be very valuable.
For those plan to sell it, you actually can't complete the transection until OC obtained. So, no point to sell it now.
My confidance level for this project is 80%.
i do not worry either as i pass by D'Piazza everyday and seeing the progress. Well, there might be some delay due to price hike, but i beleive developer can make it within 2009. Most of the time, the schedule out a bit at the beginning, but they will catch up later as contruction become eaisier. Do not understand why this forum alone has negative thought and creating the anxious enviroment if compare to others property blog which seeing the same situation. However, thanks to those who post "bad news" and i will digest it and do not take blindly.
Anyone recently receive the status billing of 5% for the Sewerage works of block D? Thanks...
Hi Ben,
I did receive the status billing of 5% for the Sewerage works of block D as well. Any things wrong about it ?
A lot of buyer claimed received the 5% bill.
http://dpiazza.blogspot.com/
it is true. i received it as well. I am in Block B. Perhaps i can by pass the site to see if there is sewerage works was done if i able to see it from outside : )
really worrying, i passby the site everyday, but seem like not much progress, even shoplot also very slow progress.
Viewing the current slow progress of the development, do you think the price is going down?
I own one of the 1100sft. There should not be any fuss. Go look at yourself on the pace of the construction. Even in the we :
http://dpiazza.blogspot.com/
My suggestion, for those who had purchased this project. KEEP IT. Eventhough we can't sell it as yet, but the time will come & completion will be on March 2010. This is a big project next to Penang Time Square. It definitely take time to build. Stay wise since you already made the decision to purchase this exciting project.
As for those who are still aiming on purchasing this, please stay tune with us until the OC obtained.
The location of D' Piazza is perfect for those working at Bayan Lepas & it is so convinenient to access all necessary places.
Cheers everybody!!
The progress at site is running according to schedule. Pls be clam and wait for the result by next year that u all will be thankful.
From Tan Hui Hong
The project still in progress everyday. Normally, we felt it is slow when see from outside while driving. Once, I view it from mayang mall car part in evening, and felt impressive with how much they have done. Try yourself to feel it at close range....
yeah, much to do inside shoplot which you can't see the progress, and for condo, it is moving as usual.
Anyone wanna sub sale their unit? What is the market price now?
Up to yesterday their have built it till 12th floor.
I have seen I-regency blogspot, today they mention D'piazza too, is it cannot obtain strata title ?
I m thinking to sell my unit in Block B 19th floor, 1300 sq ft with 2 car parks at the range of price of RM 380K, the unit will be facing Sunshine. Interested buyer can email me at labaalang@gmail.com
fren laabalang. don't be too greedy. u think ur unit worth 380K? Will you buy at that price from other buyer? IF yes, let me know i sell my unit to u.
D'Piazza concept is very much alike Baywater & University Place, and even the upcoming i-Regency. While Baywater sell like hotcakes, University Place resale value up-to-date just abt 25-30% increased after OC, while Baywater appreciate almost 100%. Ask any property valuator (not agent), they may suggest you for mixed commercial & residential project, both location and the success of the commercial activity is equally important for value appreciation. Remember, e-Gate is owned and collectively managed by Boon Siew Group, which D-Piazza is owned by individual owners who desperate for any tenants. So, how much D-Piazza may appreciate is still unknown.
It's true that, the prospect of the Mall is unpredictable. But, it doesn't mean that the "future" for the condo will be as "dark" as the Mall. Let's mirror the scenario to Putra Place. By having a gorgeous Queensbay Mall situated in that location, an original price of ~190K Leasehold Putra Place has now increased by ~50%. Ask around, and the average price for the rental is somewhat 1k. So, back to the topic, we all know that there will be a strong competition for the business owner at the F&B D'Piazza and The One Cyber City. Judging from it's location, by the layman understanding who doesn't even have the slightest foundation on economy growth, it does project some idea in the aspect of convenience which is good for the residents and perhaps, as a accommodation for the staffs who work there. One thing, the density might be considerably increased, but then, that's what you have to sacrifice in order to have all the convenience to access to near-by amenities. In fact, in Penang, you just can't worry too much. Like, one day, you're happy about your area has no mosque around which they "sing" 5 times a day, but you will never know when they're going to built one nearby.
Some people like low density area. Then, D'Piazza is not suit to them. However, still a lot of people like to stay at convenient location. D'Piazza will be perfect suit.
Part of the buyer may not bought for own stay, and would able to rent it out easily.
Regardless if whether D'Piazza mall future, Sunshine Square and Giant already established in that area, plus coming Suntech.
In KL, the area surrounding KLCC still the most demanded, despite of the congested traffic.
For poeple don't like to stay in town, probably Sg. Ara, Batu Maung area will be more suit to you.
Ya, just like BJ Court, very convenience, got a mall and plenty of shop lots. How it perform in secondary market?
Not convinced? LipSin, much more convenience: school, super tanker, shops, a new mall, schools, sunshine square. Sub-sale wise, highly demanded but value appreciation wise, medium-low.
Putra Place (where I stay), price up mainly of many branded chain stores in Queenbay mall (the mall is 50% collectively owned and managed by CP group), and maybe more to come at the new shop lots. Just alike Baywater la... D'Piazza may enjoy the same value appreciation, provided they (individual owners) can get those branded come in. What's the chance?
For our friend asking 380k before OC obtained, I think just too early to make the call. Fair enough?
Of course, we can now imagine all sorta scenarios that might be happening. But then, this is only imaginary.
Talking about Brand oulets, I heard that there will be a brand-new US outlet (probably it's the F&B) to be established at D'Piazza Mall. But, I can't confirm on this one.
I am very curious, we do have all the good brands (does GAP even consider as one?) in Queensbay Mall, but how is the sales? In cari public forum, we have all the hoo-haa from the forum kaki to talk about they're going to spend an obscene money for the clothing, for example, Forever 21. But, the reality? Ask yourself, how much do you spend on those brand goods? I averagely spend RM500 each month. But, with this amount, what can I possibly get in there?? Unless you categorized Giordano as a well-known goods. The reality? It's for philipino to wear in HK.
You can't deny the fact that, F&B outlets at Queensbay Mall have more business than clothing. Althou some Penangites desperately hoping Penang to have the clothing outlet like Rodeo, but we just don't have the market. Do we have LV outlet here yet? C'mon, we don't even have Ralph Lauren.
Hi, Anonymous comment on August 12, 2008 6:18 PM,
Are you comparing the right thing? Have you study the structure and environment of D'Piazza Condo and Mall, also the BJ Court and Lip Sin area? Also, have you study the project "The One" opposite D'Piazza? Do you know what is going to install there?
BJ Complex is a history, and the roads is not convenient, plus BJ court itself is a medium low cost apartment. Event I-Avenue already outclass BJ.
Lip Sin, the road there is a problem. Also, there is not a city center. Don't tell me you want to compare the 2 lanes road there with the 4~6 lanes road in front of D'Piazza, and Super Tanker with Sunshine market, the Sunshine 24hours branch with Sunshine Square + Giant, the clinic with Pantai Hospital.....
The area D'Piazza located is the future of Bayan Baru, beside QB. Sunshine standing for decades, Suntech opening soon, Hotels, offices and F&B outlet, similar to Autocity concept to be setup in The One. There are also PISA, bomba and so on. If D'Piazza Mall did not make a good fortune, that area still hot. Even the Sunway Tunas, a small terrace house can appreciate from RM280K during launching to RM500K+ today.
Anyway, let the market speak for itself 2 years later. I want to be part of this train, aren't you?
Exactly, that's my point, thx. Bcs Penangist demand and spending power for branded items and luxury life style living is relatively low, market cannot afford to have many EGate (entertainment) or Gurney or Queenbay. If D'Pizza can duplicate one of these, then maybe the sub-sale price of the residential property there could be higher (dun forget Times Square is competing). Honestly, I think The One may help a bit there, else the chance is low.
Perhaps it's so un-necessary for D'Piazza to carry the same image like any other big mall in Penang, such as Gurney & Queensbay. The concept being advertised in 2006 (during lauching of D'Piazza) was the idea of the largest F&B Mall in Penang.
Yes, I don't think D'Piazza can compete with The One Cyber City in term of having all the luxury brand goods setting up. But then, D'Piazza and The One can really compliment each other and I believe the chemistry it creates can be a huge attraction in Downtown.
So, as an average consumer in penang, would you spend more money on food or clothing? Your answer will decide on whether you will be in D'Piazza more often or The One. Plus, D'Piazza Mall isn't all about F&B. I've seen in one of those sites which has the floor plan and the proposed business on each floor.
We don't have to fight like a mad dog here. Let the reality speaks for itself. Cheers.
Not only F&B and all those retails outlet. This is only part of the contribution there. There are also offices and hotel there. Those on business trip to FIZ factories and companies who have office there may stay in there and they will have a higher spending power. These will help to grow the F&B and retails shops business there.
Anyway, the condo do not need the above to be appreciate. Just base on exiting aminities will be good enough to to boost the rental. With good rental market, the property price will appriciate as well.
About Penangist spending power, I dare not say it is low. If Perai area maybe.....
it penangites not penangist...
it's not it
Waliler, you sell so cheap, spoil the market ler! When others start with 380k, u cut by 65k ar... Can explain why?
i realistic mah.. u guys dreaming mah wanna sell so high.. go check if any sale was done at 380K? i sell cheap my problem lar. u tink d'piazza like bayswater wanna hold long long to appreciate ah? u hope la..
Be smart ma, if wanna sell cheap also can just ask for buyer email and then discuss offline mar! You desprate for money and wanna make quick money nobody can stop you, but please also be considerate about others needs.
I think ppl is free to sell whether online or offline. You may be the owner of other unit, you may choose to sell at whatever price you want, and in whatever way, ppl don't give a damn on you. Don't think it is right for you to stop or condemn ppl how to sell or even buy other unit.
Believe ppl needs money or not, also none of yr business too.
Don't be overzealous to the property u owned.
Typical BN feudalistic mentality, only want ppl to say what you like to hear or favoring yr interest. Anything is detrimental to you, should be do it behind close door
or censor it.
Then, u should open yr own blogspot and make censorship to all the comments that u don't like.
Can't tolerate this type of arrogant punk.
This is the problem with high density condo. Always have a couple of "rotten apples" trying to spoil the market of a great project like this. I cannot stop you from being cheap, just hope this cheap stuff once gone and be forever.
I say good luck to her, I wish there are less money grabbing out there.May good fortune be with her at all times. One good deed deserved another.
All investors seems to be over ambitious about the appreciation of their property. Well, it's within your rights to assume so.
Most of the property owners including D'Piazza try to take Bayswater as the benchmark.
Agree, the value appreciation of Bayswater is extraordinary but I don't think other properties will have the same phenomena, including D'Piazza.
You may value D'Piazza at RM350k, RM500k, or even more. Whether the property is over price or have any demand is waiting to be seen. You may even wait until it touch
RM500k only to sell it. The "rotten apples" action could end up be a wise movea. As ppls always said, "don't count the eggs yet before it hatch"
Hope the "day dream" owner can realize their imagination target to sell it at RM380k or higher price.
friend,500K for this high density condo is too much already.
Whatever it is...this is a sure earn $$$$ investment. Just depend whether u want to sell cheaper or higher only...the superb location will guarantee $$$....read the negative comments as if they are written on sand...the positive comments are the on written in concrete.
Come on owners,let's stop attacking each others. Last week,m we was defending our project have everything in town, from hotel to office, clothing retails to F&B to mall, a strategic locations and heart of Bayan Baru, for both living and working, even Bayswater don't have this luxury. And now, some of you guys singing another tunes. While Bayswater have appreciated more than 80%, and we backfire ourselves for asking for 50%, and lock ourselves less then 25%? Please stop conflicting ourselves, else people will laugh at us for making false claims...
I was, rather amuse by those acts.
C'mon, have you ever heard that "Do Not Measure the Good-Ness By What You Don't Do"?
If you want to trade off at lower or higher price, then go ahead. It's a very personal decision and I don't think anyone should interfere.
Sorry never heard of the saying before, please explain
“Hey sir, come look see, my car has the latest technology, Mercedes Benz standards, and some claim with Bentley features. But I not tamak la, I sell cheap cheap at Proton Perdana price...” Would you buy this car based on this conflicting owner?
This is called pathetic condo owner. Narrow minded owner live in a modern condo. Everything ppl do or said needs to be in their very own liking and interest, otherwise will called ppl all sort of name, "rotten apples" and etc.
Pity D'Piazza residents, u have this bunch of pathetic neighbourhood! Hopefully, they're pure investors/agents, who can just sell and "get lost" type.
Rather amusing by the act?? How thoughtful of you to offer your permission to go ahead with the decision, and to suggest one should not interfere.YOU JUST DID. Is it in your nature to kick someone when they are down. GROW UP.
D'Piazza owners, you MUST NOT sell yr unit for less than RM500K.
The property may hit RM1 million in 10 years time.
You'll be branding as traitor to D'Piazza, if you do that.
Ten years is a long time to wait, could get hit by a meteorite tomorrow,or even get hit by a bus before then and that would be a shame
“Hey sir, come look see, my car has the latest technology, Mercedes Benz standards, and some claim with Bentley features. But I not tamak la, I sell cheap cheap at Proton Perdana price...” Would you buy this car based on this conflicting owner?
The problem is not buying the car at Perdana price. The issue is the buyer's mentality in offering a Perdana standard vehicle by branding it like a Merc or Bentley when it its no where close.
Wake up la... still dreaming ah?
Ya la, when someone mentioned hotel, retails, F&B, clothing, office bla bla bla... everything in one plaza, a picture best describe this: how you call a buffet of delicious fruits all stuffed into a bowl? Arrr, is our famous rojak.
Those anti-D'Piazza ppl,
I wonder what keep you all repeatedly visit this blog and put down your comments. Is there anything attracting you there? Aren't this is a lousy place as you claim?
Maybe it is your habit to love visiting a lousy place, or it is actually a good place that attracting you.......
Get over it. Compare to our blog this is nothing. Take a look at our blog, minimum 5x more than yours visitors/prospects/naysayers/cons, bcs The Spring is really excellent and better in every aspects therefore invite lots of curiousity and jeolousy. Just ignore those naysayer.
yep. I agree. The more negative comments posted, the more in demand and attractive the project is....
Cheers.
So, why are you still here?
dude, I'm a buyer la...
I am referring to the guy from The Spring. Anyway, pls don't use such word like "dude".
Guys, bad news travel much fast and broader than good one. Be realistic.
By the way, this is blog for D'Piazaa. Whatever "excellent" about the Spring, please keep it to yourself, we don't give it a shit. Just don't further mess up our blog, we already have had enough on our tray.
Perhaps the air over at that wonderful "The Spring" is too stinky and they're crawling out for fresher air to breath at D'Piazza, eventhou the air quality in the industrial zone isn't that excellent, BUT ... maybe still better than that, whatiztatname. IMAO!!