The Oasis

The Oasis Condominium located at Gelugor, off Jalan Yeap Choy Ee in a residential neighbourhood with easy accessibility to Bayan Lepas, the mainland and Georgetown.

The development is well-served by numerous retail stores including Tesco and Queensbay, as well as hospitals, clinics, schools and University Sains Malaysia (USM). Nearby neighborhoods include Minden Heights, Taman Gelugor, Taman Brown, Taman Pekaka and University Place.

Property Project : The Oasis Condominium
Location : Gelugor, Penang
Property Type : Condominium
Tenure : Leasehold
No. of Blocks : 3
Built-up Area : approx. 1,041 to 1,183 sq.ft.
Developer : Nusmetro Venture (P) Sdn Bhd

Facilities
24 hours security, CCTV, Wi-Fi, Ready centralized Astro point, Swimming Pool, Gym, Squash Court, Jacuzzi, Yoga Room, Courtyard, Barbeque Pit.

1,505 comments«Oldest ‹Older 1 – 200 of 1505 Newer› Newest»

December 27, 2007 at 4:43 PMAnonymous: anyone know what is the launching price?
December 28, 2007 at 1:40 PMAnonymous: Price Frm 240K to 290K, + RM 18k for one C/park lot or + RM 30k for 2 Lots.
December 30, 2007 at 10:37 PMAnonymous: understand is leasehold property.. any comment thinking to get one unit...
December 31, 2007 at 10:44 AMAnonymous: At fisrt,I think that a lease hold that cost 240K+ is a bit costly.But after I went to the gallery it change my mind.A nice condo with nice material provided and strategic location.Nice view (pool or Bridge).After surveying around,there will not be similar project to be launched in this area,so,I booked one.
December 31, 2007 at 2:45 PMAnonymous: 240K+ include car park? Any idea how much does the legal fees for S&P as understand it does not include.
December 31, 2007 at 3:32 PMAnonymous: I receive an invitation card from developer, they will lanuch this project on this coming 12th & 13th January 2008. well, i will go to see if any units that suitable for me...my dream unit...
December 31, 2007 at 5:35 PMAnonymous: 240K excluding carpark,RM 18k for one C/park lot or + RM 30k for 2 Lots.Legal fee for SPA should be 2K+.
2x2 feet marble floor(living+dining).wooden foor(3 rooms).nice toilet but a bit small.
December 31, 2007 at 6:03 PMAnonymous: Allo ...anybody know where is gallery or show unit located?
December 31, 2007 at 7:31 PMAnonymous: Along Jelutong Express way to town,underneath Mutiara Height.
January 1, 2008 at 9:08 AMAnonymous: For those interest could also visit their website at http://www.nusmetro.com
January 8, 2008 at 11:58 PMAnonymous: Do you afraid that Subprime mortgages problem which affect US will affect us as well ?
January 12, 2008 at 12:17 PMAnonymous: Does it worth to buy such expensive "Lease Hold" condominium ?
January 14, 2008 at 1:30 PMAnonymous: I went over to the showroom yesterday afternoon and I found that almost 70% of the units were booked (10k for the deposit).

There are a couple of things that need to be considered.
1) Carpark isn't included into the 240k-300k units and 1 car park is 18k (now having 13k discount).
2) There isn't much incentives given, like 0% interest till the condo is up n ready.
3) On the wooden floor, it sounds nice but I think 2x2 tiles are much nicer. BTW, the showroom design was pretty misleading because the rooms are actually pretty small especially the master bedroom (but the dining and living area is huge).
4) They are building low-med flats right opposite the Oasis.
January 15, 2008 at 7:21 PMAnonymous: High density with 200++ monthly maintenance is way too expensive.
January 18, 2008 at 11:26 PMAnonymous: Heard that OASIS S&P specifies the build up area as 700SF instead of 1000++ SF. Will that pose any problems to those who sign the S&P? Will that create a loophole to the developer later to argue on the actual size built?
January 20, 2008 at 2:03 AMAnonymous: Went to visit the Oasis showroom during lauching date. Purchased one unit on the spot. Signed the S&P too. 1000++ SF is also mentioned and captured in the S&P on top of the 700SF. So there is no problem with that and the issue is well captured. No worries.
January 21, 2008 at 8:40 AMAnonymous: S & P only 700 sq feet? WTH, this mean that re-sell price for this property will be less. Lease hold and small sq feet size in S & P will contribute to the low price of the property value.

700++ sq feet also means that accessible area of the unit is 700++. If wanna fully utilised the 1000++ sq feet, must do some wall hacking to reclaim the remaining area.
January 21, 2008 at 10:58 AMAnonymous: By Calculating the area based on the given tiles (2x2 feet) on the floor plan above, it is indeed that the area is around 700+ sq feet. This shows that the developer is not that honest. The buyer should make sure
1) the gross are should be provided with marble tiles as well
2) the balcony area is covered under nett area. If not the developer will give a window type sliding door instead of door type.
January 21, 2008 at 4:23 PMAnonymous: I had asked my lawyer friend and actually this is not a issue as they had stated in the S&P(so called the accessory parcel) and also the floor plan.When you sell the property the valuer will calculate the area that you are having(according to the floor plan).
This kind of practice are commonly applied.Example E-park,Tanjong Park,Putra Place,D'piazza...etc
January 22, 2008 at 1:46 AMAnonymous: Does anyone agree with me that this Oasis project near Green Lane there is the best condo i ever seen in Penang with the reasonable and so callled expensive price? I like the innovative architecture which we can enjoy ourselves on top of 14 floor of Block C with the pampered "Jacuzzi". I never see this kind of project which have the facility in the middle of condo? In conclusion, with the outstanding design and the afforable price, I think Oasis make a difference in the property world? So, do you think that we should rebrand our address at the Oasis? Some more, the developer, Nusmetro really put a lot of effort in promoting this project by advertising in Star Metro in Penang, Kwong Min and 8TV. Is it really very great?
January 22, 2008 at 1:47 PMAnonymous: Jacuzzi in the air? Did u notice that under the Jacuzzi level, no one dare to buy the units there. Living in apartment will have this water leaking problem. U will notice this after your >5 years staying there :)

So enjoy your jacuzzi in the air...Nice and steady...

Hope that u are not the one buiying the units below the jacuzzi :)
January 22, 2008 at 5:17 PMAnonymous: I think the developer already think about this. I guess it will be well maintained. If not, the developer will be blacklisted for the next project or forever.
January 25, 2008 at 3:11 PMAnonymous: Okay...the package is good, i would say vv good. Design, location, innovation etc. I myself had bought a unit there. Besides,what we were made to believe at the point of sales is just a suburbs of the whole package. I am more concern abt the situation after acceptance of our units. Because Nusmetro is/was Udabina...judging from their earlier projects ie.Mutiara Idaman, Mutiara Heights.There, right after OC the renovation...ctn
January 25, 2008 at 3:19 PMAnonymous: ctn...renov. we handed over to a sole company wch in turn appoint a handful of contrators.WE buyers are not allowed to appoint our own contrators.their reason being is to control renov. debris, and guide lines. But on the other hand, we were made to pay huge some of money for unrelated thgs like admin fee. At mutiara heights was RM300. And this appointed contrators are charging way higher then the market price. Infact if there we to have a inhouse renov. unit..prices shd be reasonable cheaper, for many reasons it shd be cheaper...at least on the point that they are doing buck there. And on top of that you were not allowed to appoint yr own contra. IF at all you re allowed you would have to pay a huge sum of money just to make way for yr own contra.
January 27, 2008 at 9:49 AMAnonymous: Did any of you notice that Qasis 1,163sqft(showroom)unit is really small when compare to Bayswater 1,173sqft (with 3toilets, 3rooms + 1 store room). Is it because Bayswater floor plan didn't add in the build up area??
January 27, 2008 at 9:55 AMAnonymous: I felt that Oasis maintenance fees is really expensive (RM200/month),Bayswater 1,173sqft maintenace is just about RM170 and somemore have basketball court, tennis court,landscape garden,children's playground, multi-purpose hall + home smart security system which Oasis don't have.
January 27, 2008 at 11:34 PMAnonymous: went to see the site and there's no banner / sign showing construction will start... There are still some squatters there which are not cleared...
Nice showroom though...
January 28, 2008 at 10:26 AMAnonymous: According to the agent, the construction will start after CNY.

According to the Star biz newspaper, the construction will start around March 2008.

We can check later.

Hi racing,

Do you mean that we can't appoint outside contractor to renovate our house and we need to use Nusmetro contractor?

Thanks for your response in advance.

Yesterday, there have property fair in Gurney Plaza, Penang. I got see Oasis as well.

According the the agent, 40% have been sold out. What you all think with this uncompleted project and have such a response?
January 28, 2008 at 10:52 AMAnonymous: i'm not sure how true that we can't use external contractor for renovation. I believed the S&P does not mentioned this at all.
January 28, 2008 at 11:56 AMAnonymous: okay..here is the real truth, of course the S/P doesnt mention appointment of contractors. Judging frm their past projects, there will be a company formed to handle all renovations...you can appoint yr own contractors but u ll have to pay a big sum to the appointed company just to make way for yr contrac..payment justified in many forms ie. admin fee, rubbish clearence, usage of elevators...havent all of u heard this thg started first in farlim..and to the operators its a norm in Penang...only Penang..and its rampant among projects that cost below 200k
January 28, 2008 at 12:18 PMAnonymous: By the way, did anyone of you notice during signing of S/P, we are made to sign S/P whc stated a floor area of 700sq ft. and the balance goes into another agreement, not part of the S/P, to make up the balance floor area ie. to 1163sf, 1183sf ect. The other agreement isnt part of an S/P whc is solely the selling and buying agreement. Besides the other agreement shows another company name whc been appointed by nusmetro to handle the extension to the required floor area. And it didnt mention tiling and other fittings..think abt it...im thinking too cause i hv bought one
January 28, 2008 at 2:02 PMAnonymous: the S&P does mentioned area for said Parcel and Accessory parcel. The exclusive area does not include. In the Strata Title on have said Parcel and accessory parcel which mean will less that actual. Understand this was normal practise for other condominium in pg too.

For renovation, understand will require to pay RM1000 for deposit.

Not sure how many forumer over here had purchase beside "racing"
January 28, 2008 at 9:24 PMAnonymous: Oic. Thanks racing.

Yes, me BMS also bought one.
January 29, 2008 at 1:46 PMAnonymous: I like this project and I almost put my deposit for an unit in Oasis when they had a promo in Gurney Plaza last weekend. I have been tracking this project since pre-launch until the other day, and I'm glad that I have yet to put in my deposit. Looks like they are selling the units hard and keep pushing it out by giving more free gift and discount. The initial pre-launch price if i could remember correctly was 270k onwards with no car parks (12k for 1 C/park or 30k for 2 car parks). On the launching day itself, I went again and this time the unit price start with 260k with promotion of car parks of 5k for 1 c/park or 12k for 2 car parks. And again when I went to Gurney plaza and saw their promotion of this project, this time I saw most of the units for 260k++ are mostly sold out. Which left 280k onwards. This time, the units now comes with 1 free car park, and add in addition 12k if you would like to get a second car park. On top of that you will get a 6k rebate and the first 20 customer who make their bookings on that weekends will get a free 32" lcd tv. Though the concept of the plan and with the attractiveness of the promotions they are offering, I still think that this condo is costing way too expensive given that it's only a leasehold property and the maintenance fees is too expensive. On top of the RM200 maintenance, I heard that there will be additional RM20 for other fees (which I couldn't remember what fees was that) to pay monthly. Which means we have to pay in total of RM220 monthly.
January 29, 2008 at 2:27 PMAnonymous: well...i was figuring out too during the 10% deposit payment bcause initially I was told 18k for 1 c/park and 30k for 2. And again, judging from the package the unit price is not that expensive..I wld say comparative to other projects only the d'Piazza project in B.lepas its way cheaper. D'Piazza maintenance is cheaper too, but cheaper maintenance can mean sub-standard services - unless of course if there is a higher density. Besides D'Piazza has only one c/park each, not allowed to buy extra, and with high density there will be cars park all over the service roads and any where you can squeeze in a car. With sub standard services this will make the value of the property depreciate ...
January 29, 2008 at 3:14 PMAnonymous: The inconsistency of the developer over the prices will make earlier buyers like me fumed. Thats all..usually it shd be cheaper to early birds and higher later...just like how IJM does. Maybe Nusmetro shd adopt the same style if they wld want to do further dev. in Penang. Besides , this method will protect investors too. IJM has many investors whom wld buy up their products during the first few days of preview launching, later prices will be increase by at least 10% ...just like wht they did to property like their Platino.

By the way...condo,
The extra RM20 is for the sinking fund. It accounts to 10% of the maintenance fee. Those days, buyers will have to pay a lum sump amount for the sinking fund upon OC. But the authority has made this new way of contributing to the SF ..firstly because some dev. has exhausted our sinking fund and on the other hand its more relax for buyers to pay monthly then collect a much bigger sum every five years.
January 29, 2008 at 4:22 PMAnonymous: i believe the early birds price should be still cheaper compare to those just purchase from Gurney plaza roadshow.

Probably "Condo" can help to understand further what kind of units available (eg. corner/standard (sq ft) and which floor) when you mentioned the units left was 280k onwards plus rebate of 6k, free 1 carpark and 32" LCD TV.

With "Condo" information then we could really said whether is cheaper or not. :)
January 29, 2008 at 4:24 PMAnonymous: racing.. don't be hang up with condo information. what i understand the price on soft launch vs official launch does have RM13k different. Either I being con by the sales or it is true.
January 29, 2008 at 4:50 PMAnonymous: i do agree what racing said,if the things that 'condo' mention is true then there will be unfair for all the early buyers...
i book one on the unit during soft launch an only get 5k rebate as a early bird,1week before sign S&P the developer tell me thats no rebate anymore for early bird due to they already give much to the buyer. Then i tell the developer there will be no different as a early bird...few days later they give me a call said they will carry on with their pomise and finally i get the 5k rebate.
Right now condo said during promo at gurney plaza developer give 6k rebate + 1 free car park + 32'' LCD TV...then is unfair to all the buyers (including me) which purchase during soft & official launch...if this is the case then whats are the diff as a early buyer....now i really doubt on the developer management & marketing skills...
January 29, 2008 at 4:57 PMAnonymous: you are correct 'oasis',the 13k different is only for seaview corner unit..during official launch all the seaview price is increase 8k & seaview corner unit price up 13k
January 29, 2008 at 4:57 PMAnonymous: Btw...ya what is the unit left behind in the Gurney Plaza and have such great discount?

Condo...you can answer this. Thx in advance.
January 29, 2008 at 5:26 PMAnonymous: i'm not sure how true is this. i just called up Nusmetro to find out 13th floor corner unit which I know is empty. They told me the price is RM306k + one carpark. If i remember correctly, this unit price is RM280k during soft launch (without any rebate). Assume u add-in RM5k for one car park, the price should be around RM285k. From here, you can find the different of RM21k. Let say the 32'LCD is RM3k, the the final different still RM18k. still happy right? :D
January 29, 2008 at 5:52 PMAnonymous: Yes. Oasis. I agree with you with my legs. I also quite worry and phone the housing agent and my final calculation is that the early purchaser will definitely get more benefits.

Moral behind is don't worry too much. The developer will try all its best to stand as the best developer against IJM, Ivory this time as proven from the adverstisement, beatiful and attraciting some more...

I support Nusmetro...I believe it can make the different in Penang property world and who is the pioneer. We, the supporter of Nusmetro.
January 29, 2008 at 5:56 PMAnonymous: I bought a unit during the launching and there was no rebate. The only discount mentioned was 5k for the car park. Other days the car park cost will be 18k. If they are offering rebate, car park and TV, then it will be unfair to those who bought earlier.

I have yet to sign the S&P after paying 5k deposit. Any buyers have got loan from Hong Leong. HL is not developer choice.

Thks.
January 29, 2008 at 5:57 PMAnonymous: i felt thats not the correct way to measure this, of course there will be cost up after soft & official launch,if the developer want to give additional benefit, rebate, free gift....then it should give to the ppl who purchase early... else why we need to buy early... i juz purchase a unit during official launch
January 29, 2008 at 6:07 PMAnonymous: AM Bank approval status (with letter offer) are very fast, you also can look for MBB, or UOB (approval status fast,but till today also unable to provide the letter offer)
January 29, 2008 at 6:10 PMAnonymous: did any of you can advise when (latest) should we buyers sign our loan agreement?? because i cant get the info from the developer on when will be the 1st release request by developer....
January 29, 2008 at 6:21 PMAnonymous: any of you aware that the developer only provide 2ceiling fan points & 2air cond points (http://www.nusmetro.com/projects/the-oasis/specifications/),it means the rest we need to install by our self?? nowadays others project developer are provide ceiling fan + air cond points for all the rooms & living room,why nusmetro only provide 2points for a unit??
January 29, 2008 at 6:22 PMAnonymous: Jack, i think s&p require to sign within 14 days from booking date. i believed the booking receipt does mentioned that.
January 29, 2008 at 6:26 PMAnonymous: anonymous.. i believed the current rebate, free gift and bla bla should be absorb in your current purchase price. probably those purchase during official launch and gurney plaza roadshow might not have a lot of different. i believed gurney plaza roadshow should not have better deal than during official launch.
January 29, 2008 at 6:32 PMAnonymous: Jack, do u mind to share what is the rate you got from AM bank?
January 29, 2008 at 6:34 PMAnonymous: 'oasis', thanks for your reply... i had sign my S&P during official launch,right now my question is when (latest) should we buyer sign our 'loan agreement'?? because i heard fr banker that after sign loan agreement bank & lawyer need to take bout 1month for documents processing then only bank can release $$$ to developer...
January 29, 2008 at 6:37 PMAnonymous: Yes. Oasis, u r really OASIS...I totally support you. The earlier purchaser is beter than the later purchaser. This is the trend and everybody know about it. If this rule is broken, the want who break this rule will blacklisted forever or have very very bad record.
January 29, 2008 at 6:42 PMAnonymous: AM Bank 1st offer BLR-2% whole tenure (loan agreement fees pay by buyer)...how about you 'oasis' & others??
January 29, 2008 at 6:50 PMAnonymous: Currently i'm plan to attach with HSBC with BLR-1.5% (whole tenure, zero moving cost). Still waiting for their respond. Understand UOB does able to provide similiar package as AMB but the thing need to use their credit card.

the second payment after 10% (s&p) should be after completed the building foundation which I don't think that fast (just my opinion). my estimate probably another 5 months since they will only plan to move out the quarters around March. probably some one expert in this area could advice.
January 30, 2008 at 12:22 AMAnonymous: "Probably "Condo" can help to understand further what kind of units available (eg. corner/standard (sq ft) and which floor) when you mentioned the units left was 280k onwards plus rebate of 6k, free 1 carpark and 32" LCD TV."
- from the price list i saw during the GP roadshow, the 280k units are the one for the higher tower facing seaview about 26th floor and up (intermediate units). The 6k rebate with 1 free carpark are absolutely true. the 32" lcd tv are only limited to 20 people who first purchase during that roadshow.
January 30, 2008 at 2:20 AMAnonymous: Free gifts promotion in property market is not something incommon. Regardless of what the free gifts given, one must bear in mind the unit # --- which floor? Which direction, East or West? Sea view or pool view? Which block and etc. It is meaningless to conclude about the free gifts without knowing exactly which units come with such promotion! Cheers!
January 30, 2008 at 9:22 AMAnonymous: 'Above 14', can you give us more info about this..
January 30, 2008 at 9:52 AMAnonymous: Oasis,

If one have not signed the S&P after the 14 days from booking date, would there be any penalty. Shudn't we wait till bank loan approval provided before we sign the S&P.

Thks.
January 30, 2008 at 10:19 AMAnonymous: my understanding from developer if u don't sign s&p after 14 days, your deposit will possible be forfeit. the thing they told me will send a reminder but not sure how true is this.
January 30, 2008 at 10:42 AMAnonymous: based on information i got, current price for Type B 2nd flr is 271k and Type D 2nd flr is 286k. all this come with rebate 6k + 1 c/park and possible request for 32" LCD Tv. probably those who purchase this kind of Type unit could know whether his/her unit does cheaper with above package. Please additional 5k for every 5th floor starting from 2nd floor.
January 30, 2008 at 11:51 AMAnonymous: I did received reminder phone calls but have told them that I wud like to wait until I get my loan approved before signing the S&P. Each time they say ok. I just called them to confirm again and they say shud not be a problem if I want to wait for loan approval. I guess if you inform them, they are willing to accept the delay since it's our right to ensure no issue on loan before signing S&P. Perhaps others here have any experience to share on this.

I bought at 258k (type B inclusive one car park), 5th floor and looks like a better deal than having rebates, car park & tv given.
January 30, 2008 at 12:27 PMAnonymous: We early birds shd not worried about the 14days to sign S/P and pay 10% deposit. Rather, 14days shd not be counted frm the day on our receipt. This is because we have placed our money well before the developer obtained their developers license & advertising Permit for this project. Its quite common to chk yr loan possibility before paying the balance of deposit but try not to drag too long as initial chks to get approval for a loan amt shdnt take long, maybe choosing a package and bank can get a bit confusing.
January 30, 2008 at 12:31 PMAnonymous: Developers cannot forfeit yr booking fee unless sufficient reminders had been sent to you. It has to come in a form not by telephone calls. If wht you are getting are telephone reminders then you are still okay.
January 30, 2008 at 12:47 PMAnonymous: I have a suggestion for those of you who are confused about whc bank & whc loan package.
In order to speed up things, 1st thg you shd do is go to any banks forget about the loan package.
Submit your financial details and first chk the maximum amount of loan you can obtain. The banker at this point will also chk whtr you are eligible for a loan. Once if this bank said you are okay...meaning yr financial records are good to obtain the end-financing frm this particular bank, its shd be okay frm any other banks too.
So then you can proceed to pay yr 10% deposit to the developer. S/P shd take abt 1 month before it can be returned to you after stamping unless the lawyer pays a special attention to yr case. During that time you can scout around all other banks to study each package. Once you have made up your mind on a particular package - submit all yr docs and by this time you shd get the S/P to submit too
January 30, 2008 at 12:56 PMAnonymous: Right from this moment we have way sufficient time before the next draw down to the developer. The squatters are still occupying the project site. Once the move out, the contractor thats been appointed by nusmetro will take possession of the project site. Then come taring down the existing houses, clearing of the land, cutting the land to construction level, piling, ground beams ect. I could figure roughly how long frm now since they havent taken possesion of the site yet.
January 30, 2008 at 2:12 PMAnonymous: the approval from UOB take about 3working days only, and the banker 'Kim' handle my application very well & his attitude is good.
Beside this AM Bank take about 5working days & MBB 2weeks for the approval.
Since the loan approval just within 1~2weeks, is better make sure your loan approved then only proceed for S&P + 10% downpayment.
January 30, 2008 at 2:32 PMAnonymous: Anyone know whether this condo can yield a good investment. I'm scouting for a property for investing. What's the rental rate (Gelugor) when this is developed in 3 yrs time and will it be easy to sell later. Any comments?
January 30, 2008 at 11:02 PMAnonymous: During launching, I bought a D unit from floor 14~20 range and the price was RM283K w/o car park. Two car parks on promotion for RM17K. No free gifts.

You can always negotiate when to sign S&P with the developer even though they encourage u to sign it within 14 days after booking.

If you have cash of 10% from the purchased price, u dont have to worry much about loan. The first 10% will have to be paid during signing S&P. The subsequent 10% will start when the construction work starts. U can refer the S&P in more details. Nusmetro mentioned that construction will start after Mar 2008 but it might be longer as the site has not been cleared yet.

We shall see how it progresses.

No one can tell how much we can let or sell the unit after it is completed 3 years from now. The reason I bought this condo is because of its strategic location and good view. It is located between Georgetown and Bayan Baru which is about center point. Facilities such as swimming pool and jaccuzi are nice to have too. Other than these, no one can tell.
January 31, 2008 at 9:03 AMAnonymous: ppl pay for 240~300K for free hold condo, somemore the mantenance fees RM200 & the developer juz provide 2air-con & 2fan points only for such expensive 'condo'...
i think the developer should think about it....
January 31, 2008 at 10:23 AMAnonymous: Above 14, agreed with u on the location. That's the reason I'm choosing Oasis as in middle of Georgetown and Bayan Baru. For to travel to butterworth also easy to pg bridge
January 31, 2008 at 11:05 AMAnonymous: dear above 14 floor,

First 10% during signing s/p, subsequent 10% after completion of work below ground ie. piling, pile caps & ground beams. Not when they start work.
January 31, 2008 at 11:35 AMAnonymous: if wan to choose a good location property in the middle of georgetown n bayan baru, also easy access to penang bridge, y not choose completed n freehold property - bayswater? that way, u can save on bank interest n no need wait for 3 years.
January 31, 2008 at 1:27 PMAnonymous: Ok. From the starting the launch of this Oasis Project until today already 3 months, I never heard anybody say this project is reasonable or in fact cheap.

However, the reason for this property to be expensive is because the property is leasehold, not much facilities, some may say it is very small.

Well. For the people who think like this, let think again for these 3 main points.

Leasehold: Let see back the 10 to 20 years old free hold property, do you like the design? Is it consider ancient house? So, what is the point to be leasehold.

Not much facilities: More facilites mean the developer need to put more money. So, how they will do? For sure they will cut cost for each facilities. Then, we can't enjoy most of them also. Will we use every single facility in the condo we live? We will be bored for sure after certain times. So, we just need whatever important. "Quality is far more better than quantity". Developer can take care of the facility well.

Small: this project is suitable for modern people who don't want to produce too much (3,4....). The most is two. Worst case, only 1. So, what is the point you have very big room like bungalow and you need to clean your house more and wait more detergent?

Expensive: the architecture is very impressive. This one is worthless. Somemore the location is the best from my opinion. We can access to everything with a reasonable price.

Well. By the way, do everyone notice the strong points of this property? I think it is very nice in terms of architecture, strategy location.

Do think about it and confident with the vision you have put on the property you initially want to buy!
January 31, 2008 at 1:39 PMAnonymous: of course BMS said everything is good, coz you r the developer & not 'buyer'.... if you are the one who pay $$$ to buy this property then your sounds will be defferent d... of course the person who pay the $$$ expect for the best, else we pay so much for what!!! for charity!!!
January 31, 2008 at 2:49 PMAnonymous: i agree with BMS, whtr he/she is a dev. or a buyer I think almost the same way too. The reason I bought this property is for investment sake..I will be selling it later, meanwhile I dont even intend to rent it out. One of the first thng I look into is the facilities...I need not want too many facilities..Security & pool is just nice..question about maintaning it at the long run is more important. Like wht BMS said, once too many facilities, residents will grow bored of them..then if you wld want to increase the maintenance just to cover some faci' whc are not frequently used there will be questions agnts it. Neglected facilities will be an eye sore ..eyesore means less attraction to the parcel..and depreciative in value. Oasis has a vv strategic locality...architecture lines are impresive. After the OC I hope security will be good too.
January 31, 2008 at 2:54 PMAnonymous: question of lease or freehold to me is rather not important. After all its a condo...we will be getting strata-titles...meaning we still share the land.
Right now is just the security after OC...hope Nusmetro will appoint a good security company. Cars park at the designated areas...swimming pool use must be with proper attire. This little little things will have a great impact to the value of the property.
January 31, 2008 at 3:10 PMAnonymous: i agree with BMS, oasis indeed have
a) good location
b) modern curvy building design

however it does have its disadvantages as well besides the well known leasehold & expensive
a) the developer, they are not that establish in high end projects. How the predicted coming recession will affect them? Will they delay the project or going bankrupt like how it happened during the late 90s? Since they do not have the brand like IOI, IJM, that’s why they engage henry butcher to be their marketing agent. I believe Henry Butcher service doesn’t come cheap, that’s why the unit is so expensive

b)The sea view may not secure, as long as there is a vacant land next to it, another developer will take advantage to build a high rise next to it thus the view will be blocked. This will definitely affect the property price as well.

3) Heavy Reno needed in order to maximize the area.
January 31, 2008 at 3:23 PMAnonymous: i do agree that oasis have a good design & of course the security & maintenance muz be good,i prefer to have more facilities so that have more choices.the facilities that u feel not needed is not neccesary others people not need it.
FYI. others developer like IJM can provide even more facilities with low maintenance cost (compare to oasis) with well maintenance, and i hope that nusmetro also able to do that
January 31, 2008 at 3:54 PMAnonymous: Hi racing, just my 2 cent.

since u r buying for investment, although leasehold to u is not important, but lot of ppl care about it in subsale because u goin to sell it after completed. do you think ppl willing to pay 350k to buy a leasehold property as there are stil lot of choices in the market? think about it.

another concern, numestro is the developer of mutiara height as well. if u guys go to mutira height, u may notice that the quality of maintenance really bad. i hv heard a lot of complaint from my friend who rent a place there.
thus, paying 2++ for maintenace dint guarantee a well maintenance service.
January 31, 2008 at 4:05 PMAnonymous: 700sqft in S&P, n 1100sqft specified in advertisement really ridiculous, i think developer who do this to escape the responsible to build loast cost flat really hard to be trusted. as they will apply the samething or other way to cheat on the building material n other matter that we dunno, be aware!

the reason they sell with higher price is probably because they use a lot of money for advertisement and hire henry buther as marketing consultant. u can c they advertised in newspaper n TV as well, sure the cost will be paid by purchaser as well.
January 31, 2008 at 4:40 PMAnonymous: First, I really do have concern on the developer Nusmetro as they don't have high profile in building high end condo. The only example we can really see is the Mutiara height. look at the swimming pool facility. It's built inside the ground floor level and with the building beams in between the pool. Why would they want to build a pool there when there's not enough space? From far, it looks like pool inside car park area. Oasis with indoor swimming pool at level 14? Dare you think about it how it will look like when it's built.
Secondly, on the location itself. I agree that it's strategically located. However, there are also various launches around that area as well. I-Regency, Vista Gambier, Ixora Heights, Palm Palladium.. Most of it are free hold with cheaper / around Oasis price. Above of all those condos are in a bigger sf than what Oasis is offering and comes with 1 or 2 car parks.
Thirdly, the design of the building plan looks really nice. But beware! It could be misleading and don't put so high hope of what you may get in 2-3 years time.
January 31, 2008 at 4:59 PMAnonymous: Nusmetro,hope you able to prove your capability & quality thru Oasis project & build up your name in penang property platform.
Hope that this will be the 'Best' project in your past history & do make and improvement from time to time for this project.
January 31, 2008 at 5:33 PMAnonymous: Too bad for me....bought the unit during soft launch but only know the real sqft 700 during sign the S&P.
They not even mention about that during soft launch.....Really hope that it is nice after 3 yrs completion!!!!!!!
January 31, 2008 at 5:54 PMAnonymous: mee too... the agent & developer not even mention '700sqft' during soft launch & official launch, i found out in their floor plan durig official launch & after i question the HB agent by showing the floor plan with that only they tell me the details.
February 1, 2008 at 3:31 PMAnonymous: According to HB agent, the 700sqft and the 257sqft (depends which type u bought) is included in the S&P. The 257sqft is under "Accessory buffer". So not to worry since it's govern in the S&P. I too was scratching my head until I spoke to HB cos I bought one unit also.
February 2, 2008 at 12:42 AMAnonymous: Dear all,

Thanks for shedding some lights into Oasis. I bought one unit during launching date. Will not worry so much about the build up area of 700SF versus 111SF as everything is captured in the S&P, including the added on parcels.

Leasehold or freehold? It is important but not everything. If the condo is well built and maintained, leasehold is not a main problem. Just look at Grand View at Gurney Drive. It is leasehold but the price increases about RM100K over the last 6~7 years. So it proves that location and maintenance are more crucial than mere leashold/ freehold thing.

Another building coming up in a few years time next to Oasis? I think this is something we can not control. Lets hope it will not happen too soon but again, if there is no new development going on at the same place, how do you expect Oasis price to appreciate?

Facilities? Believe me, you don't need so many facilities in the condo as long as the swimming pool, jaccuzi and gym are well taken care of. These are sufficient! Car park is important though. Nowadays when someone looking for a condo, they ask for car park. Two car parks definitely has its advantages as most families now have at least 1~2 cars!

10% after the ground work is completed? That is even better. So that we will have more time sourcing for a better loan.

Talking about house loan, why not we pull together and bargain for a better deal from one bank? I believe if there are 10 or 20 of us using the same bank, they will definitely agree to provide better rate. Do you think this idea will work?

Bayswater is nice but not excellent. I visited it before decided to purchase Oasis. The security is excellent though. Lets see whether Nusmetro can emulate such great security service and system! I hope Nusmetro will take the challenge to make it even better!

Since we have bought it, lets hope for the best. Don't over worry about it. I don't think HB and Nusmetro would like to trade in their reputation over poor building quality and facility or even security service. If this is the case, then lets bring this over to newspaper and let the whole world knows about how BAD Henry Butcher and Nusmetro are in Malaysia property development! No kidding! Public eyes are all over them now! I believe they are smart companies employing smart people! So Oasis better be an intelligent building!

Gong Xi Fat Chai to all of you.
February 2, 2008 at 1:26 PMAnonymous: Yes. U r right,Above 14th Floor. I support you with my leg as well!

One thing you notice that the oasis blog has many commnents, near 100 compared to other high end projects which are far more expensive compared to The Oasis. This prove that our "Oasis" is the best which is well-known around this whole world.

I predict Oasis at least increase 100k within these 3 years. Believe or not believe...ridiculous...let's wait and see. NO one can guarantee this won't happen!

Goong Xi Fai Cai and Happy Chinese New Year to all!

Again, Oasis is the best in this world compared to the same type of property or even higher grade one!

Nusmetro...please prove that you are the best since you are leaded by young and stylish entrepreneurs. Why they are so young and stylish coz got one developer is driving white lamborgini (~2 million).
Don't disappointed us. You can make a difference!
February 2, 2008 at 2:13 PMAnonymous: understand from HB agent that the security card entry system is for 'car park lobby' only,but not for grand lobby,it mean the grand lobby lift will be easily access by outsider since there is not card entry system at grand lobby.
why dont the developer implement the extra system at grand lobby to tighten the security & privacy for the resident??
February 2, 2008 at 2:44 PMAnonymous: talk about carpark, 2 carpark is back to back, not side to side. this is a problem and create inconvenience. Why got this kind of designed layout? this is also the main disadvantage of te oasis compared to other same type condominium.

cant compare with bayswater as the oasis hv lot of disadvantages, even regency height also better than the oasis.

Disadvantage:

1. Tenture of Land - Leasehold - Most buyer prefer Free Hold and unfortunately Oasis is not. This is one of the most important factor to be considered before purchasing. You may facing some difficulties in bank loan and selling the unit in future.

2. Transport - If you drive from the Green Land around about, you made need a big u turn.

3. Facilities - Multilevel Car Park - The selling price is not included car park. For purchasing 2 car park, it is about RM17,000, which is discount price at currently. The normal price for 2 car park is RM30,000. This amount may not able to be included in the loan amount. ( So if i don't buy the car park, is it at the end of the day, the entrance of Oasis will be similar to Putera Place ?)

4. Facilities - Multilevel Car Park - The layout of assigned 2 car park is not "side by side", but is "front and back". It will not convenience for the owner to drive the car at the back. ( Come on! Why got this kind of designed layout?!)

5. Structure - Wall - Cement sand bricks is used, which compare to red brick, the temperature withstand is poor. ( It will be getting hot in these days.)

6. Sales and Purchase Agreement (S&P)- The S&P stated the house unit only occupied 700 square feet, which is not 1100++ as shown on advertisement. The developer only expand the unit accordingly to the layout. ( Feeling not so comfortable ?! ) The reason that the developer do so, so that they can get rid of the responsibility of develop low cost unit. ( Why the developer is like that one ? )

7. Price - By considering to the above factor, then the price of the unit is so not competitive.
February 3, 2008 at 1:00 AMAnonymous: Hi all,

I find it very interesting. Alot of purchases raised some issues that I clarified before. I had spoken to the developer before I signed the S&P. Even considered cancelling the purchase intention. However, after some clarifications made by the developer, I decided to take up the unit and never looked back.

1) Leasehold vs freehold. Freehold does not guarantee a better return. If is important but it is not everything. We knew it was leasehold before we placed the order. Unless you have been not told otherwise or else I don't see a point keep on fretting on this issue. If you have been cheated on this, then talk to the developer and arrange for cancellation or sbu-sales. Nobody can force us to purchase anything that we dont want. The reason I purchased this condo is because of its strategic location not because of leasehold/ freehold. If you are not happy with leasehold, then perhaps its time for you to consider sub-sale the unit.

2) Access road to Oasis are a few. Rather than U-turn at roundabout, you can always make a right turn at traffic light prior to Genting cofferr shop. Subsequently, one can take a route at Shell station. You can also access it through old custom area. I don't see this as a big problem at all.

3)Car park price not included in the house loan. This is a regulation spelled out by the developer. If we are not happy with this, we can either discuss it with the developer or refuse ti purchase it.

4)Back to back car park. I do agree this is not the best design. Wish it could be better but still, it is better than only one car park, right?

5)Wall materials-- cement + sand bricks. It is not ideal but again, we can opt to not to purchase it if we are not satisfied with this. Don't force ourselves to buy it if we don't like it. The choice is always on our hand.

6)700SF vs 1100 SF. I had mentioned this many times in my reply. Don't want to repeat it. This is the issue that I talked to the lawyer appointed by HB and expressed my disappointment. When HB salesperson came in to explain the whole thing, I accepted their explanation. If you have doubts, speak to your lawyer. After all, you pay them for their services. get the things straigthened on the spot. Its their obligation to help you.

7) Price price price. Only God knows about prices. We will leave it to the market to decide in 3 years time.

Others:-

a) many comments on Oasis blog compared to others does not mean Oasis is better compred to the rest. Simply because it is more attractive and controversial. So Nusmetro must reflect on this. Why Nusmetro can not keep their customers satisfied and mouthes shut? Is Oasis that poor? Why customers have to keep on complaining on Oasis? What can be further improved to keep Nusmetro and HB's image clean and respected?

b) Security.
If what some viewers wrote here were correct, then Oasis does not have the best security versus others, for example Bayswater where security system includes main entrace prior to entering lifts. This is crucial, espcially if Oasis wants to be termed as LUXURIOUS CONDO. If simple security can not be taken care of or upgraded, then lets drop the LUXURIOUS CONDO name because Oasis will not be qualified for one. If Oasis can not take care of its residents' security, what LUXURIOUS is has to offer? In this age, safety comes first!

All, bear in mind that I am only a buyer. I am not favoring either developers or other viewers here because some viewers here are not even buyers!!! I don't even know whether they are devlopers from other companies pretending to be viewers here, giving bad comments as sales strategies. My opinions will always be neutral but as a buyer, I would like this condo to be able to keep to what it claims......... LUXURIOUS! So Nusmetro, open up your eyes and ears, listen to what buyers or viewers say here. If you are serious about building luxurious condos in Penang, you need to prove that your first project exceeds expectations or else this will be your last project as well.

Cheers
February 3, 2008 at 10:06 AMAnonymous: for those who already sign S&P, may i know the car park price have stated in the S&P or not??
Are we able to get the housing loan include car park??
Hope any of you who know this can reply me,coz i havent sign the S&P.
Thanks
February 5, 2008 at 11:48 AMAnonymous: I went to Bayswater before. Pretty nice security system. CCTV at blass entrance prior to lift. However, I did not notice any guards at the lift area, only at the guardhouse. No doubt, Bayswater security system is impressive. Lets see what Nusmetro can do on Oasis!
February 8, 2008 at 5:29 PMAnonymous: The Oasis is good but still hope developer will improve on some area:
1. Only 2 fan plug in 2nd and 3rd room is not enough... at least 2 more for living hall and master room.
2. The maintenance fees really very very expensive. Alot of luxuries place like baywater with more facilities only RM170? Even places like Greenlane Apartment only RM90 (suprise?) with 24 hour security, CCTV, pool, gymroom. Even HB ppl suprise...Why many developer or maintenance company like BHL can do it?
I think Nusmetro really need to look on to this...Dont just give reason that with RM200 to provide better security and maintenance. Other can provide good security and maintenance with lower maintenance fees too...
3. I hope developer will control the renovation contractor, bcoz.. normally they will push the price more higher compare to market price.
4. Heard that they r proposing to get freehold. Hope that can be successful...
5. will cont.. when free
February 8, 2008 at 5:40 PMAnonymous: 5. Hope tat there will be 2 entrance and exist in front of guard house at it will be very jam if only one entries...
February 9, 2008 at 10:41 AMAnonymous: I bought and sign S&P level 15, corner lot...happy about it...hope everything on schedule. Hope it is a good choice hehe
February 9, 2008 at 12:39 PMAnonymous: Today, Sat and Tomorrow, Sun got the a series of CNY activities in Nusmetro Sales Gallery start from 6pm till 9.30pm. Let's go to have no matter you are buyer or not a buyer. got lucky draw for buyer, dragon dance, lo shang talk, feng shui talk and games. Let's go.

If you are not a buyer, you can still see the open house from 12am onwards. Enjoy...
February 11, 2008 at 10:02 AMAnonymous: Hi Skipper,

Yes. I agree to your opinion as below:-

1) More than one exit/ entrance to serve the whole community in Oasis or else it will be very jam. Regardless of how luxurious the condo will be. Imagine that the moment you seat in your car, start the engine and you are ready to get stuck from the parking lot until you reach the main road. It is sickening to think of this. I hope the management will take an initiative to think of this problem in advance and how to resolve it.

2) Converting from leasehold to freehold? Is this the latest news/ development? I did not hear about this. If anyone of you head about the same thing, please confirm. If the developer has something to tell, why not telling us on this blog as well?

3) Security. I think at this age, when we mention about good security, CCTV and intercom is something that can not be ignored.

4)Power plugs. Yes, I think the developer needs to seriously think about adding more power points to Oasis condo units. Perhaps the originally plan is different but after the ADDED PARCELS are included in the unit and some feebacks from buyers, I think it is time for Nusmetro to revisit this issue. Do not let a small matter or problem spoil such a beautiful condo unit. At least, find a way to resole this problem. For example, handling out a letter of form to buyers who wish to add in extra power points before they lay down the cables and sealing existing power points. My existing developer did that when they construct the building. It is something Nusmetro can learn from and emulate if it is serious about building more luxurious condos in Penang.

Gong Xi Fat Chai!
February 12, 2008 at 12:09 PMAnonymous: I think the one entrance/exit point should not be major concern. I believed majority of condo in market only have one entrance/exit point.
February 12, 2008 at 7:05 PMAnonymous: I do have big concern on the power point. 2 fan point and 2 air cond point are definitely not enough for a condo. I thk at least every room must have a fan point rather than customer need to added later that may cause much more troublesome.
Really hope that devepoler will consider about it.
February 13, 2008 at 12:42 PMAnonymous: I agree with that, every rooms must have a fan point, how can a room without a fan. Far many condo that i know mostly they are provide the aircond point on every room also.
So that the resident dont have to knock on the wall for all wiring again.
Nusmetro hope you can work it out!!!
February 13, 2008 at 2:44 PMAnonymous: 2 fan point & 2 aircond point is not sufficient. New condos normally provides fan points for all bedrooms inclusive living hall. Aircond points shud also be provided atleast for all rooms. Some even include aircond pipings so that owners don't have to hack walls later on.

Nusmetro(Oasis), can you do better than this?
February 13, 2008 at 5:30 PMAnonymous: Does anyone know about the CNY promotion on 9&10 February 2008?

I heard that got 13k saving and got chance for 32" LCD TV lucky draw?

Will it be fair for the purchaser who bought Oasis during Gurney Plaza promotion which has 32" LCD TV, 6k early birds, free single car park promotion?

Please advise.
February 14, 2008 at 8:27 AMAnonymous: Come mon... the Oasis, most of the market have only 1 entry & exits point in the guard house doesn't mean that the Oasis must follow. You must think out of the box and be different from other.
The venue of the Oasis is oppossite of a Gelugor school and Kastam apartment. Please anyone imagine how jam it would be for early morning, afternoon, and evening?
February 14, 2008 at 8:36 AMAnonymous: Erm.. another thing... since most of us in this blog already bought at least a unit... and we do have alot of creative and innovative comments. WHY dont the Oasis plan to have a comments blog on this in the www.nusmetro.com (developer web site).
February 14, 2008 at 3:29 PMAnonymous: Agreed. Comments shud include in their website. Since most buyers have lots of questions & comments, we would like to hear from Nusmetro. Why they are keeping quiet !?
February 14, 2008 at 10:34 PMAnonymous: I think Oasis/ Nusmetro should take initiative to answer some doubts that we posted here instead of just keeping quiet. That is very not professional.

1) power points and air conditioner piping
- why doesn't Nusmetro generate a list for unit owners to fill up extra points/ air conditioner piping before? Alot of developers do that for their buyers and they add in extra power points/ air conditioner piping during the final phase of construction with slightly extra charges. This is cheaper and better than having the unit owners knocking down the walls and redo all the cablings.

I see this item as an important and urgent matter compared to others. So why doesn't Nusmetro take one step at a time. If this item can be resolved, then at least we are more convinced that Nusmetro is serious in Oasis project and will be building better luxurious condominiums in future, especially in Penang.
February 15, 2008 at 3:00 PMAnonymous: I really wonder why everybody here have tone of queries, doubt and unsatisfaction on Oasis project but still proceed to pay the booking fees. All this doubt and queries suppose to be resolved before come to the final decision to purchase.
Nusmetro is the developer which their past project mostly located in Perai area near Carrefour but the comments from public on the quality of the house is bad.
This is their first project for high rise building in penang, tht's why there have alot of misarrangement on the marketing skills.
On how well they are able to manage the condo in future is still a very big question mark since now already hv so much doubt.
2011 completion date is far away from now, Lets everybody pray for it.
February 15, 2008 at 3:51 PMAnonymous: Regardless, Nusmetro shud help answer to these concerns and comments. Imagine for those who is looking for a condo and see so many comments in this blog, they probably have 2nd thought buying. Thus lose of sale and eventually Nusmetro will suffer. If Nusmetro is serious in building their rapport, they shud answer to these comments.

I hope Nusmetro will give us a list of items we need to add before plastering the walls. Atleast less hacking later...
February 15, 2008 at 8:31 PMAnonymous: Hi everyone!,

I have just leave a message at www.nusmetro.com
You all can try to alert those developer on your queries and doubt.
Mayb they do not alert on this blog hahaha...(OD).
With feedback from developer will help the sales as alot of ppl will be seeing this comments. Please confidence the coming purchaser.
THis is for the sake of both developer & purchaser(both win strategy) through question and answer. Don't just keep quiet...and don't think a small thing will not impact it...
February 15, 2008 at 11:31 PMAnonymous: Actually we still can found some good condo develop by well known developer. The spring is also an ideal condo which will be completed this year end by IJM. Ez access from JE highway to town, bayan lepas and even penang bridge. THe price is almost the same as Oasis, IJM have many years exp in building high rise condo. WHt your comments>........???
February 16, 2008 at 2:31 PMAnonymous: hi!, erm... ya rite.. the spring is rather better but don't you afraid of the smells that might posible in spread to your condo? and the areas there is not that safe... go have a look around the area and the ground of the spring is previously a the world "shit" dumbing area. That really need to think twice... hahaha.... If you lucky u will not get the smells else good luck...
February 17, 2008 at 12:19 AMAnonymous: Just some personal opinions on Spring. It does not have a swimming pool though and it is too close to coastal highway and might be noisy and dusty in that sense. U may want to check it out more thoroughly prior to placing an order.
February 17, 2008 at 12:21 PMAnonymous: YES..it is the bad thing that Spring do not have a swimming pool. About the sound pollution might not a big concern if purchase the unit that is far away JE.
Bayswater, the View, I-Regency, future the light and Platino all located along the highway. I think this is a problem that is hard to prevent due to limited land in penang. In another way, this is convenience by escaping the traffic.
Or else if staying in Times Square develop by Ivory then you have to conjest in the town area everytime u start your enginee.

One think have to be concern is the smell ....not sure whether is really serious or not..,,,,?????
February 17, 2008 at 2:39 PMAnonymous: Is It possible to convert to freehold ?
February 17, 2008 at 5:29 PMAnonymous: I think no. If yes, already convert earlier ago not until now.
February 18, 2008 at 10:32 AMAnonymous: I checked out Spring before I purchased Oasis. Location wise, I prefer Oasis. Facility wise, Oasis seems to be better. The only good thing about Spring is its developer which is IJM. IJM has good reputation and quality. Other than these, I don't see Spring to be better than Oasis, especially when view is concerned. My friend and I planned to pruchase Spring initially but when I drove to the site and check on the actual location, I changed my mind almost immediately when I look to the sea direction. It is facing the Perai heavy industrial area. The sight is not pleasant. Some more, the haze and pollution level concerns me alot. Also, when it is close to the highway, any sound can be obvious at nite, espcially if you stay at high level. Thus I decided to go with Oasis.

This is only my personal opinion. You may want research more on your own because regardless of what I say or other people say, you must drive to the actual spot and feel it yourself before you purchase any property because it is either big investment or you are going to stay there for the rest of your life. So my advice is check it out personally and make your own decision based on your findings and feedback from others.

Good luck.
February 21, 2008 at 2:00 PMAnonymous: I have a apartment which stating clearly RM140 maintenance fees, that is 3 years ago agreement, now it is rocketting to RM220. So, theoretically the 200 maintenace fees of oasis is very expensive, I guess handover key that time easily RM300 or more...the oasis projects has been launched 3 years ago at PISA property fair and guessing the feedback wasn't that good, that is why the famous marketing is coming in...and another thing, do you go to the actual site of the project, narrow road coupled with antenna nearby..300k for such a condo is not a good choice indeed for investment...living unless you like congested traffic...
February 21, 2008 at 2:02 PMAnonymous: converting to freehold is possible and feasible, see QSBY is a good examples...
February 21, 2008 at 2:13 PMAnonymous: oasis profit >100k in 3 years...you better think of the project complete and not abandoned project, when young ppl drive project, risk is always forsaken coz they got no experience just know how to chong chong chong...good times everyone is OK...but when bad times come (10 year cyclical), you will see many jobless and abandoned projects...coz good time will end no matter how...
What is the attraction of 100k profit in 3 years, coz it is near to kampung, coz it is congested, coz it got jacuzzi in the air? Pls do not dream...i guess you are less than 30, that is why so childish???
February 21, 2008 at 8:49 PMAnonymous: Haiya... there is always risk in everything u do la... then u think IJM no risk ah.. even you sleeping,eating,walking, or watever u do or not doin oso is a risk la... who will guarantee u? 1 sec before and after from now u might even not in this earth.
For the purchaser and new purchaser we just hope that the Oasis can really do good in anyway. And please giv us feedback la... u are just dropping the nusmetro name.
February 21, 2008 at 9:00 PMAnonymous: info@nusmetro.com --> nusmetro (the oasis developer) contact them!
Ask them, Query them, feedback to them, give ur brilliant comment to them,...
February 21, 2008 at 11:29 PMAnonymous: Is vista gambier a good investment compared to Oasis? can anyone comments on this?
February 22, 2008 at 12:24 AMAnonymous: Hi Skipper...I think every develop project also hv risk but comparatively IJM hv better track record which might contribute lower risk.
I think a smart buyer will choose the established developer which can hv the most minimum risk.
For example..The spring is almost 70% completed , do u foreseen any risk on this project ?????
February 22, 2008 at 10:52 AMAnonymous: In all things one invest, there is always a risk. Obviously buying from a established developer has lesser risk but there are new developers who have also make it. We hope that Nusmetro will be one of them. Even if they abandon the project, one are covered by the S&P agreement where they will have to pay you back for the delays.
February 22, 2008 at 11:25 AMAnonymous: just visited firends house at Bayswater,i found that the security is good coz both block oso have security on duty near lift area.
There is 3passenger lift + 1cargo lift (for sampah collection, renovation work & moving use)at the back of passenger lift with card scan system also.
I think is good if Oasis project also have this type of concept & design.
February 22, 2008 at 3:36 PMAnonymous: Yes..I fully agreed with the good security and facility in Bayswater.Location wise is very strategic with Tesco for grocery and E-gate for restaurant and office.

Again with the completion of the luxury condo of Platino, it will automatically rise up the standard of tht area.Imagine you are staying just beside the millionaire tower. I think Bayswater value will still remain at high side or increase in near future.
February 22, 2008 at 7:54 PMAnonymous: Funny that some ppl try to compare IJM The Spring with this The Oasis ... Don't forget The Spring is almost complete project , u can always drive to the site , take a good look and make comment . The Oasis ? nothing to see at the site yet ...brilliant outlook? good design? base on rendering ? who's know how it will look like 3 year ( maybe more .. ) later ? Don forget The Spring will come with 2 car park per unit somemore ...FYI i own a unit for Mutiara Height , compare the rendering with current actual building ... ai~~the swimming pool which previous proposed to build at roof top garden of multilevel carpark is now on ground floor beside motor parking area , ridiculous ! For the ppl who foresee this project price to be increase 100K in next 3year time ...sorry to say tat this is definately ur day dream , nobody will purchase a lease hold 1000+sf condo with such price ... The only advantage to invest for this project will be it's strategic location , however i sitll think that it was risky to invest for this project with consider it's low profile developer , lease hold status and a bit overvalue price ...good luck to all purchaser ...
February 23, 2008 at 2:29 AMAnonymous: huh... I absolutely agreed that The Spring from IJM should be best to buy but do you think IJM always build the best? No one can gurantee!The Spring biggest problem is not in a strategic location that previously a dumping shit area. Anyhow, There are always pros and cons in everything u buy or invest. Don't u all think so.. there are nothing call "perfect" in this world. How do u know one day penang island will b flood with sea? You never heard of news that there is another earthquake happen just 2/3days ago and affected some area of penang shake?
Scary?? that is the truth of our mother earth nature that destroy by those culprit in this world for high-tech and money.
February 23, 2008 at 2:35 AMAnonymous: Yes absolutely good choice to look at Vista Gambier that starting on their pilling stage now. If I am not wrong it is 1340sf. If for those who afford to paid another
50k+ compare to the Oasis will be good to invest for Vista Gambier. Quite good loaction just that do not have good view...
February 23, 2008 at 2:45 AMAnonymous: Erm... absolutely, agreed with those mention in bay water. When it just stated to build no one even know it might increase shooting like rocket high.
Hope Oasis can achieve that too..
Above doubt on Mutiara Height is a low investment and government appointed contractor on building this apartment. This really cannot compare with The Oasis investment. It is too far away with a low cost investment with a luxury condo investment. It is also a ridiculous. I agreed by Not comparing IJM with others as IJM is too far stable compare to other developer. But, not all IJM properties are really good in terms of location, material in building,... example the ocean.
February 23, 2008 at 4:10 PMAnonymous: really dissapointed with nusmetro,i d send mail to them to have a look at this page for improvement & some of the buyer also send them email request for set up a blog at their web for discussion & improvement...., but till today they still keep quiet, pretend & doing nothing.....
February 23, 2008 at 7:35 PMAnonymous: Erm.. I think maybe they are having brainstorming to the matter. But I still feel that there is something. Mayb you all can call up them and feedback to them on what is goin on? As I know even now they still haven't start their work in the site.
Please do call up and urged them for those buyer.
Nusmetro Penang off: 04-2839889
Nusmetro KL off:03-76606636
February 23, 2008 at 7:38 PMAnonymous: Is already no used on just putting ur comments here. Why don't direct call them up and ask them ask many queries that you think. I even heard that they try to postpone it. to all purchaser do you get back ur S&P? They trying to put it late so that they can escape on the 3 years agreement... Don't you think so?
February 23, 2008 at 8:21 PMAnonymous: May b u r rite Skipper...I hv friend who bought a unit of Oasis and he told me Nusmetro unable to obtain the land title approval for the development due to it is malay own land and and intend to postpone the S&P. Now my friend is requesting the refund from Oasis.
It really sound ridiculos to me. Regardless it is true or not, I suggest purchaser should go to the office personally to clarify all the doubts.
February 24, 2008 at 10:30 AMAnonymous: i did check with my lawyer on my S&P also,they told me that is still pending at developer side.
FYI. I did sign my S&P before the official launch on early of Jan08, da time the agent call up said da the project will start soon....and ask me go n sign S&P.
Till today is bout 2months d the 1st batch submission still pending & without the S&P i also unable to submit EPF application....
I really believe that the developer try to delay our S&P to escape 3yrs agreement...
Will nusmetro reputation now i really have a tough to request refund fr Oasis & purchase others developer property.
February 25, 2008 at 12:09 PMAnonymous: Guess everyone know the different between buying property from trusted developer such as IJM and developer like Nusmetro now ... As i mentioned earlier it's very risky to buy a property from this kind of low profile developer , especially when u haven't see any progress from the project site . Hopefully they will solve this issue soon ;Anyhow i still hope it will get build , we as a penangite must pray to eliminate this kind of negative news at properties sector .
February 25, 2008 at 3:18 PMAnonymous: I fully agreed..but no doubt there are still some unfamous developer construct very well as per the schedule like D' Piazza in Bayan Baru.
Honestly, we really don't want to see those small portion of devious and tricky developer spoilt the goodwill of the whole property market in Penang.
February 25, 2008 at 8:55 PMAnonymous: I am so scared when I heard the rumours of on hold,but after verified with developer,confirmed land title approved,project on-going.Over 40% had been sold and 20% waiting for SNP.
February 25, 2008 at 9:46 PMAnonymous: If this is true then I hv to congratulate to all the purchaser wishing the very best to this project.
February 25, 2008 at 9:51 PMAnonymous: Agreed!I had check with the developer this afternoon.They said no such on-hold thing.And also heard IJM is going to launch the Spring after the election with 250K@least hold.Mm...will try to update more info.
February 25, 2008 at 10:30 PMAnonymous: I tot spring will convert to freehold....can anybody here advise????/
February 25, 2008 at 10:37 PMAnonymous: It is just rumour. NOT Converted. Confirmed.
February 26, 2008 at 9:51 AMAnonymous: Spring @>250K lease hold? Wow.... that is far away too expensive....... Considering the location which is near to the high way and can be noisy, plus the site which is previously a sewage plant and facing the ugly sight of Perai heavy industrial area? Somemore, it is without swimming pool! I am glad that I gave up the idea of purchasing Spring!

My friends went to IJM office a few weeks ago and enquired about Spring but was told that the project was not officially launched yet.

As usual, I would suggest you to visit the site personally prior to placing an order. At least I did and found out that facing Perai heavy industrial area is really an eye sore sight!

Good luck.
February 26, 2008 at 9:53 AMAnonymous: I just sign the SPA for Oasis,cant wait to see my dream house:)
February 26, 2008 at 10:57 AMAnonymous: If you choose the other side tht is facing the bridge, Then it will be better.

But without swimming pool might be a weekness
February 26, 2008 at 12:09 PMAnonymous: Lets get back to Oasis. Have any of you received your SNP yet? How come the developer takes so long to process it? Any comments?
February 26, 2008 at 12:37 PMAnonymous: but i think the spring @250k leasehold, still better than the oasis @300k leasehold.

the spring is completed and no more worry, and can save on loan interest during construction. but the oasis still c nothing, n need to serve for interest during construction. the loan interest estimate > 10K.

developer - ijm management is good, comapared to nusmetro. too much uncertainty on nusmetro.

location, the spring hv easy access to georgetown n bayan lepas, all are seaview units.

the spring include 2 carparks and carparks is side by side, but the oasis need to buy separately, somemore back 2 back, poor design.

the spring use red bricks as buikding material, the oasis only use cement sand bricks.
February 26, 2008 at 1:43 PMAnonymous: I have not received my S&P also. Was told yesterday that the Directors have not signed them. Not too sure what's holding them. Perhaps they are waiting for the people to vacant the land. There are some people still staying there and becos of the election coming, they don't want to make things harsh.
February 26, 2008 at 1:50 PMAnonymous: I think so. When I visited Nusmetro sales office last time, they told me the project would only start after Mar/ Apr 2008. I think they will start only after election, that is for sure!
February 26, 2008 at 6:14 PMAnonymous: Very funny ... ur guys expect the staff from Nusmestro say : "Yes , this project was on hold at the moment" ? ^_^ The reason given "pending director to sign" oso make me laught ... Did anyone check with assigned lawyer ? They will know better since the S&P is stamp and prepare by them ,they cannot process if pending document from developer ; If u ask developer sure they will say everything was in progress ...Without S&P u cannot proceed for loan agreement , EPF ...etc ... everything will keep delay and delay ... so i can say the situation now was remain unchange ...
February 26, 2008 at 6:46 PMAnonymous: Er,Hi,the developer owe you money?why you sound like damn hate on Oasis project?I feel very funny when looking on the feedback comments.How you know other project not pending on documentation before they going for construction?Youg man?
February 26, 2008 at 6:51 PMAnonymous: hahahaha....I think every one also worry before it goes for construction.but putting such negative comment on the procedure is not right.I thought this forum is to give advise about the oasis.but seems like ppl give negative feedback to make other ppl not to buy it.Anyway,Oasis not bad,Spring also not bad.Price should not be much different but depend on the buyer prefer which location.
February 26, 2008 at 7:02 PMAnonymous: True...we should not post bad comments before confirming the info is true...Lets wait and c...time will tell...but i have confident in OASIS project... ^_^
February 26, 2008 at 8:30 PMAnonymous: Hurray "The Oasis"!!!!
February 26, 2008 at 8:30 PMAnonymous: i agree with you, we buyers should have confidence with the property that we bought/invested....and dont let all this commend to effect our decision & time will prove everything... hope that Nusmetro will prove his capability on Oasis project
February 26, 2008 at 9:48 PMAnonymous: Hi... I booked a unit during launch (17k for 2 car parks, paid 10k for deposit. I engaged a bank to apply for housing loan. (I won't mention which bank, but definitely not panel) I never expect that my bank loan is rejected by the bank. My name is clear from debt, I have no credit card, my car loan is clear 2 years ago.. According to banker, they are not confidence with this project.

So, I just share my information with all the buyers of Oasis. But I still hope this project will be able to launch on time as promises to all the buyers.
February 26, 2008 at 10:07 PMAnonymous: Hi,I am doubt on the banker's statement as if they dont have confident but why they let you approve?Isnt they waste your time?
February 26, 2008 at 10:07 PMAnonymous: What the hell? Rejected by bank? No confidence in Oasis Project?

True or not? Dont simply say le.. what u have just said might scare away all the potential buyers.
February 26, 2008 at 10:08 PMAnonymous: Hi,I am doubt on the banker's statement as if they dont have confident but why they let you apply?Isnt they waste your time?
February 26, 2008 at 10:35 PMAnonymous: Hmm....HL ,CIMB,Maybank,Public,Ambank,UOB ,RHB called me for loan.But I have rejected because I take HSBC.Which bank you refer to?Bank Rakyat?
February 26, 2008 at 10:37 PMAnonymous: Anyone got loan approval from Public Bank for this OASIS project?
February 26, 2008 at 10:40 PMAnonymous: Who said bank approve my loan? Read my statement carefully.......
February 26, 2008 at 10:52 PMAnonymous: RHB and Maybank also called me for house loan but I did not accept their offer because I am still looking around. What is the deal from HSBC? Mind to advise?

Thanks.
February 26, 2008 at 11:03 PMAnonymous: My offer is BLR-2.35% 1st year,thereafter BLR-1.9%.Rate might not be competitive but I prefer their system.
February 26, 2008 at 11:07 PMAnonymous: this type of offer not competitive? suak liao la. u mean which bank?
February 26, 2008 at 11:10 PMAnonymous: That is considered a good offer from HSBC. Thanks for sharing.
February 26, 2008 at 11:22 PMAnonymous: My offer is BLR-2.35% 1st year,thereafter BLR-1.9%.Rate might not be competitive but I prefer their system(HSBC)

I heard UOB can up to -2%?but not Flexi homeloan...
February 27, 2008 at 7:42 AMAnonymous: Yes, UOB BLR-2% whole tenure but HSBC flexi loan can give 1st year BLR-2.35% and thereafter BLR-1.9% can consider very good rate.
February 27, 2008 at 9:59 AMAnonymous: Does the rate for HSBC is "Zero moving cost"?
February 27, 2008 at 10:04 AMAnonymous: The rate also depends on the loan amount. The higher your loan amount, the rate will be better. May I know what is the % of loan that you mentioned on BLR-2.35 1st year and BLR-1.9 subsequently? Is it 90% of the purchase price or 80% or at any %? Please share with us.

Thanks.
February 27, 2008 at 10:10 AMAnonymous: Non-Zero moving cost,90% loan.
February 27, 2008 at 10:15 AMAnonymous: May I know anybody get loan approval from Public Bank?
February 27, 2008 at 10:38 AMAnonymous: U should ask does anyone apply loan from Public bank la.....
February 27, 2008 at 12:51 PMAnonymous: non zero moving cost also not bad. I apply b4 end of last year for other property and HSBC only give me BLR-1.5% whole tenure.
February 27, 2008 at 4:28 PMAnonymous: May i know what is BLR?
February 27, 2008 at 4:52 PMAnonymous: If you do not know what BLR is, then most probably Oasis is your first property purchased. BLR= base lending rate which will fluctuate from year to year based on economy status. The current BLR is 6.75% if I am not mistaken.

Regards.
February 28, 2008 at 1:05 PMAnonymous: wah, suddenly "The Oasis" blog no people leave any comments here? all move to other projects like The Spring, Vista Gambier, Palm Palladium and etc....?
February 28, 2008 at 2:25 PMAnonymous: Hahahha....... where there are too many comments, you ppl say this project is no good... too many ppl comment about it. When there is no comments, you ppl say nobody visit this blog....... all move to other projects! Interesting! Hahhaha
February 28, 2008 at 3:37 PMAnonymous: Hi,

For the HSBC loan with BLR-2.35% and BLR-1.9%, is it zero entry loan or non zero entry loan?

Thanks.
February 28, 2008 at 8:00 PMAnonymous: If HSBC flexi loan got this type of offer, no matter is zero entry or non zero entry also very worth. Can you please give us the contact of HSBC banker? Thanks.
February 29, 2008 at 12:23 AMAnonymous: Long time no see this blog...suddenly increased to 181...very good...after taking around 45 min, I manage to catch back.

Again...I am not a developer. I just support the developer. Thank for saying me a developer. I guess my next plan is to become the developer...hehe...

Btw...too bad...HSBC (Mayang Mall branch previously) phoned me and said that they are not approve the loan for Oasis project last 2 days. I wonder where you all heard that so called nice rate offered by HSBC.

So far, franking speaking, I have taken ambank loan package, considered ok.

Does anyone interest to know BMS? Haha...It is a very important 3 criterias to be success as a very happy human. Try to implement BMS in your life.
February 29, 2008 at 10:14 AMAnonymous: HSBC flexi loan amount (include MRTA)cannot exceeded 90% of your purchase price & you need to pay monthly maintenace fees (if not mistaken, RM10/month)by taking this loan.
February 29, 2008 at 10:17 AMAnonymous: RHB bank also can offer -2% whole tenur with 3yrs tight-up period + free gift (LG air-con)
February 29, 2008 at 10:24 AMAnonymous: How about Hong Leong Bank. They are offering interest rate as 1st 3years -1.95% & subsequent is -1.7%. This is non zero cost. What do you all think?
February 29, 2008 at 11:15 AMAnonymous: Hi Jack and all,

For Flexi plan, RM10/ month maintenance is typical practice throughout the industry. However, for ppl who needs liquidity, this fee is negligible. Businessmen prefers flexi plan while conventional buyers prefer normal house loans.

For conventional house loan, I think BLR-2% from RHB (non zero entry cost) is attractive, even with 3 years tied up period. U know who is the banker that I can contact?

Thanks.
February 29, 2008 at 11:34 AMAnonymous: above 14floor,

you can contact (RHB) Mr.Lean at 012-4519603
February 29, 2008 at 11:41 AMAnonymous: as what i know the non zero entry cost tied up as below :
AM - 5yrs (fr 1st release)
RHB - 3yrs (fr 1st release)
HL - 5yrs (fr 1st release)
UOB - 5yrs (fr full rebusement)
February 29, 2008 at 11:55 AMAnonymous: Hi Jack,

Thanks for sharing the info. Appreciate it.
February 29, 2008 at 1:55 PMAnonymous: hi all
,i am so happy that can get back to this blog(cos the existing link duno y i cant get d)happy...i jsut met RHB banker just now...i feel taht their Zero cost package not bad...whole tenure blr-1.8%..cos i like their tight up period just 3 year upon 1st drawn down.,,last few day i pass by the real site,they didnt start any work yet..hear from the officer said,,they wana wait after voting..cos some indian stil dun want to move out...so sian....
February 29, 2008 at 3:02 PMAnonymous: Hi Esther,

Is this your first property? Looks like you are very anxious and excited, looking forward to the construction to start and take place. I visited Nusmetro office during project launching and was told that the site would start only after Mar/ Apr 2008. So be patience! Hahhaha! You will have better luck to check it again after election, I suppose.
February 29, 2008 at 4:11 PMAnonymous: Hi above 14th floor,
would you mind to share with me the offer rate that you get fr banker?
February 29, 2008 at 4:18 PMAnonymous: Hi bms,

HSBC (beach street)manage to work on Oasis loan,i get my letter offer by last week
February 29, 2008 at 4:28 PMAnonymous: Jack,

When you received the offer letter, do you need to sign anything?
February 29, 2008 at 4:35 PMAnonymous: Hi Oasis,
no need. why?? they ask u to sign??
i found that HSBC Takaful MRTA is expensive coz it include 36illness coverage.
February 29, 2008 at 4:39 PMAnonymous: above 14 floor,
hehhe,..no..is my 2nd house..cos 1st time buy the luxury condo..last time just bought 120k..so this time bit exiceted..after i sign the s&p i cant slep..cos..scare..worry..happy..excited ,,.hahha...
February 29, 2008 at 4:43 PMAnonymous: Hi Anonymous and all,

In fact, I have not yet to confirm on any loan yet. There are a few banks which called me and offered me on house loans but I have yet to discuss with then in details. Once I get all the information, I will share with you all here, that's for sure.

Hi Jack, I tot u said RHB was not bad with BLR-2%? How come it ended with HSCB? What kind of offer did you get? Mind to share the info?

Thanks.
February 29, 2008 at 4:44 PMAnonymous: Hi Jack,

If remember, the HSBC said going to issue me offer letter and ask me to sign. I haven't meet them up. So for your case, does that mean you haven't accept the offer without signing? Or there is not such thing of signing.
February 29, 2008 at 4:49 PMAnonymous: Hi Esther,

I see. I can definitely understand that. After a while, you will get used to it. Hahhaa.............. Lets hope this project will sail smoothly! Cheers.
February 29, 2008 at 4:54 PMAnonymous: Hi above 14th floor,
I did apply housing loan with few banks,RHB & HSBC is in my list.
Anyway,i still comparing it and haven decide to sign with any bank yet.

Hi oasis,
you can ask the banker to submit ur application & get the letter offer,and you can take the letter offer back for comparison & counter offer without signing.
Once you sign on the letter offer means you agree to take loan with the bank & accept the T&C stated at letter offer.

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