Birch Regency Condominium at Penang Times Square is poised to become the new urban centre for Penang's residents. The mixed development will become the cornerstone of its efforts to venture into the tourism-related commercial property development market. The entire Penang Times Square, includes 800 units of residential units, commercial spaces, exhibition centre, hotel and office blocks, and a two-acre urban open square modelled after the vibrant and activity-filled European town squares.
Perfectly located along Jalan Dato Keramat, with Jalan Kampung Jawa Baru as the future link to Jelutong Expressway, Birch Regency at Penang Times Square has one of the most exclusive addresses in the heart of Georgetown. Being an address of one of the future monorail station, it will be just as accessible either by road or rail in the near future. This inevitably makes Birch Regency Condominium the perfect location in Georgetown's city centre.
Property Project : Birch Regency @ Penang Times Square
Location : Georgetown, Penang
Property Type : Condominium
Tenure : Freehold
Completion : Scheduled to complete 2009
No. of Blocks : 1
No. of Storeys : 21
Total Units : 340 Typical units and 18 Penthouse units
Units per Floor : 18
Built-up Area : approx. 950 - 1,180 sq.ft.
Developer : Ivory Properties Group
Facilities
Swimming Pool, Children’s Pool, Outdoor Jacuzzi with Bubble Jets, Children’s Playground, Jogging Track, Barbeque Pits with Washing Area, Foot Reflexology Path, Landscaped Garden with Water Features, Clubhouse, Multi-pupose Hall, Gymnasium, Games Room, Management Office, Sauna Rooms, Male and Female Changing Rooms, 1 car park lot with every unit.
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144 comments
Hi all, does anybody know wht's the launching price?
I bought Birch Plaza 21st floor (1020sqft)at RM340k, after 5% discount (I assume EVERYONE gets tht, right?)is at RM323k.
Right now the units at level 21 are all around RM390K-RM410K
Hello,
Launching price RM280 per sq-ft and each floor up increase 2k, property of Penang already up almost 40% after OC ready the price unexpected.
Hi,
I assume that your RM280 is before 5% discount?
Does anybody know whether they are using sand brick or red brick on the walls? Cos I got a unit facing West, all I thought at tht time was nice sunset horizons... never thought of the whole day of "Sun tanning" of the walls... Gonna cost alot on air cond bills..
There seems to be some talk that Phase II is delayed due to some reason... anybody knows what are the reasons?
I think cant be financial reason cos they've practically sold out all units in Phase 1. Sales for Phase II is also above 80%
Anyone got any other info? Cos i'm kinda interested in the project. I thought it'll be a great place once all 4 phases are completed
no monorail, the price for this project shall come down.
it is good to stay in georgetown, but the roads are oftenly jammed, and making a stay there would be frustrations and more frustrations.
Why is there no Birch Plaza section? Can the moderator add tht one please?
Well... I think a whole lot of things will be effected by the cancellation of monorail and PORR. Time square just being the more visible one as Ivory always like to include monorail in their marketing. Back fired, ouch.
With the economy slowing down and inflation going up, the red hot property market isnt as rosy as say a mere 6 months ago.
Political shit hits the fan and every soul is not spared... i'm just sad... time to look at the greener pastures to the southern border perhaps....
Investor will dump the condo maybe next year, and Penang housing price will drop like "lau sai".
penang is now listed as UNESCO world heritage site!! it is a very prestigious title, many many countries will try their best to obtain it and this will be very good for penang, making it more famous overseas? any comments how it may affect property prices especially this property being in the heart of georgetown (if it can be completed?)
am interested on 3 bedroom apt-no brokers pls ..
U wan Phase 2?
Today's MAPEX, all unsold units has been increased to RM500k above for phase 1; For phase 2, RM450k and above.
I got Phase 1 unit, willing to let go if price is right.
hi all
am looking for either 2 and 3 bedroom at Times square..kindly do email me if u r willing to sale them at a reasonable price..
thx u in ad
To whom it may concern:
The price of property will not fall unless stagnation happen. inflation will only push up the price of property! hence for those who think the price will drop?! Think again.
I have a unit for sale, but i won't sell it until the OC has passed.
Well think again, fuel price up ,foods up, just about everything is up which makes daily living is more expensive, and less money for other things. "Inflations" Wages is still the same, the pay packet is not getting any bigger. No money no buyers that easy and the market will suffer.
Just ignore those sour grapes equipped with little property and economics knowledge, and trying to sabotage any project they hope to get one at cheaper price. This tricks been used in many blogs, try something new. Unless the fundamental of the property is not solid (bad location etc), else price will continue to soar, worst stagnant only (apply for penang island only). Just FYI, even petrol likely to go down soon, but raw materials for construction and your filling up our stomach is unlikely to drop. At least in our 51 yrs history, my hokkien mee never fail to appreciate in price or sink in size.
This property get a set back when monorail project has been derailed! which is the main attraction of the project. It may offset with the central location in town but again, still down to preference, the traffic surrounding the area never been good, even before completion of Times Square, the apartment and hotel.
Besides keep branding ppl sour grapes, sometimes it worth to look at different perspective.
Often heard Penang properties value never depreciate, because of scare and limited land available. There is no such thing as absolute in this world, even place like HK also facing properties depreciation before. Hardly experience before didn't mean it will not happen. Not try to put someone down, just a word of cautious.
It's not a bowl of hokkien mee, it's about world economy which is effecting every corner of the globe, the worse is yet to come.
there will be a few greedy investors getting burnt fingers !
we should be very reasonable when selling a property i belive as the money u get out of greediness will never last..i saw several landed properties which was 500k is now 780K-selling by the owners and some even starts at 880K for property in relau..i seriously dunno where is this gonna end???
Would not advice to buy TIMES SQUARE - Georgetown. The air there is so polluted - the dust is SOLID BLACK particles. I did stay in the nearby Sungai Pinang apartment for 2 years and had a lot of breathing/ cough/ lung issues. The dust was black even though I did not open the windows widely. The dust is thick and sticky because nearby is the MPPP burning rubbish factory - which is still in operation today - they have mentioned to close it down but it's all lies. So for the BIRCH and TIMES SQUARE occupancy - Good Luck or Don't open your windows!
Remember: BUT PROPERTY WITH GOOD AIR & healthy environment!
I think you shouldn't judge the place by the air itself. If that place is polluted, then the whole penang island will be polluted as well. after all penang island is so small! If you want clean and fresh air, try Balik Pulau.
any idea how much can be rented out? i have a corner unit there.
I appreciate any opinions there. thank you.
when can we get OC ?
ask for O.C...please go and ask Ivory why they stop to build phase II.
I've obtained my house keys for Phase I project. Now awaiting OC, but should be in 2 months time. hope everything will go smooth.
Ralph, If you are looking for a place, I would suggest starting with property agents. There are many listed in classified sections in local dailies.
I am a local looking for a place to rent a few months ago and although I eventually found a place on my own at this apartment, the place I am staying now was first introduced to me by an agent. While they may be charging about 1% as their commission, I think it is money well paid. Looking for a place through blogs like this is in my opinion not going to be effective.
While not paying any commission is the best method, you may not know of all the options available. And I would only recommend going alone if you are a local resident. Good luck and welcome in advance to Penang!
Thanks for your kind advise, busythinking. I will contact a few agents and see what happens. By the way, has the economic crisis bitten into Penang as yet. The boom in property prices in Singapore has gone bust...nearly 30%...still prefer Penang from what I hear and read, to retire.
Good luck to all who bought times square. I book it and decided to pull out and never regretted my decisions. Go there at 5.30pm and see what happen to the traffic. It's impossible. Now with this high density project coming.. I cannot imagine. That is why I say... good luck.
Wow, it seems like many investors trying to cut loss by letting go their unfinished apartment in BR.
Went to TimeSquare for lunch yesterday with colleagues. I think TimeSquare is not going to attract good retail mix. The ceiling is too low for a shopping mall. Difficult to access to the car park. Only a few shops opened for business from what we observe and inside is very messy now. Hopefully the management can improve the situation.
Access to the car park indeed is difficult and sometimes dangerous. Do not understand the logic for that kind of design.
everyone is selling?
hi,
Can i check with u all, how the carpark allocated for residence unit?
Whats the latest regarding Ivory's Financial Strength ?
Who's the condo managing Agent for this place ?
Right now, whilst the place is new, still looks ok, but try to visualise - say another 3-4 years',...will this place be run-down ?
I just recieved a letter for upgrading of water heater and air-cond. 2 water heaters cost RM3,100 and 4 air-conds RM12,450.
I am first-time buyer with Ivory and wonder if anyone here is paying for the upgrades?
If not, why not?
Many thanks.
May I know where your car park lot located? Is it true some of the car park lot are located above the shopping mall and can be as high as 10 storeys? Can't imagine having to drive up 10 storeys of multi storey carpark every night. must be very tiring.
is it a commercial title? that electric tariff is very expensive as compared to residential title?
Am wondering which is a better buy - Birch The Plaza or Birch Regency?
Is the unit car park is located above the mall ? meaning that have to make 20 turns merry go around before can reach the condo carpark ?
that will be nightmare for those do it daily and stay there, u wish u have wing to fly. As I went to sunshine city once make the many turns up the carpark, i tell myself this will be one and last i go there.
why everyone is selling??
If you are invester, do not buy this Ivory project. There are lots of things will surprise you and your property will never go up in value.
Why so many people buy at RM320K and sell for only RM350-380K ? These investers are not making money with bank interest. Its the poor property management now base in Birch Plaza hire by Ivory, too many staff and security guards they employed. Find out from those who had owened Birch Plaza before you sign S & P .
Anglo Wax, a lot of the owner bought the Phase 1 & 2 at the price below RM 300,000. Some bought the lower unit below RM 270,000. During the initial launching (2005), Ivory gave 5% discount. During the good time, a lot of people bought them. I have also bought 2 units. Sold one unit at RM 370,000 last year and still got profit around RM 100,000. I am still holding one unit which I am renting it now at RM 1,600 (non-furnished, 1 carpark, just do the kitchen)
My friends have bought some units together with me. They have make the same amount of profit like me. Some have rented it out at RM 1,500- RM 1,600. We intented to increase the rental when the price is stable.
Once of my luckly friend sold off his unit at RM 420,000 in March this year. He got around RM 50,000 more than us. He is rich and he can hold on longer. We need the money to buy other new project.
Well, I'd been to Times Square, and it's not that bad after all from the reviews that i'd read. Think those are just minor issues compare to the overall picture.
Why do I say that, are based of from these facts:
1) Convenience - you can get all under one roof. Restaurant, cafe, night market, hyperstore and etc
2) Unesco site - where can you find a place to live in that is right in the middle of an Unesco site? Think Times Square would be the last apartment/condo that will be built within the vicinity of the heritage site.
3) True Penang living - You can go to kopitiam, mamak, Komtar, Prangin Mall (and soon 1st Avenue) all in a walking distance (or a stone throw away). With the current continuous effort by our state government to review Georgetown, it would be soon be a vibrant city and it would also be definitely a fun and lively place to stay/live in.
Those are just my though. Anyone has any comments??
True Ethan. People always see Georgetown as place for old houses without value. Mostly empty.
The area around Penang Times Square, 1st Avenue, Komtar and Prangin Mall could be developed into a shopping haven and just like bukit bintang.
With the new hotel at PTS phase 4, there will be more tourist at PTS.
By the way, I have seen the newspaper about a week ago that there will be more than 30 lifestyle restaurants and entertainment outlets will debut in November 2010.
I truely believed that with more shops opening in PTS, the value of the condo will surely increased. The price of the PTS condo will start to surge at the end of next year (2011). This will only happened after the subsales of phase 2 have settled down (Phase 2 OC expected Jan 2011).
Hi All,
I bought a condo there at the second phase. I would like recommendations for a contractor to do some simple renovation works i.e. grills, lights and some fans and air con in master bedroom.
My unit should be ready in January 2011. Kindly email me zainalzikri@gmail.com or call me, Zikri at 0176233521
Any info is appreciated.
Thank you.
Very true Susan and Ethan. I've an unit there too. Past 1 year, i have the idea of selling this unit once OC or VP given. But, I'm contemplating now!! Yes, UNESCO is the main reason and the restrictions that come together with it make it impossible for other condos/apts or even hotels to developed on the UNESCO radar. So, PTS will be the ONLY reminiang project. So, will you lose this property..mmm. Tough decission.
For those who are trying to sell PTS unit for the amount less than RM400k, please think twice.
If you don't need the money, then hold on to it. This is the last project of this kind around the heritage area. Once the economy start to recover back to the 2007 level, we can see more activities in the shopping mall. Demand for the apartments there will increase.
Let those who need to sell their units fast to do so. After that, you will see the price to start to increase.
This kind of property will have good value soon. With shopping mall under it. Hawker foods nearby (behind gama, new lane, Kuantan Rd, Times flavour next to PTS). Post office nearby (Komtar). School a short distance (MGS, CDK and a few other). Komtar nearby. Wet market nearby (can walk there every morning). A lot of banks nearby. Bus stand nearby.
Morning - Swimming then breakfast at Kuantan Rd. Lorong Seratus curry mee if you don't mind walking a bit further.
Afternoon - Lunch at PTS/ Behind Gama/ Times Flavour/ Kuantan Rd coffeshop
Evening - Jogging/exercise at Level 5. Dinner at PTS/ New Lane.
Night - Relax/Net surfing around swimming pool. Shopping at mall.
Good foods are alway available nearby in the heritage zone and soon at food mall (PTS phase 1)
I really think that it is too cheap to sell the apartments for less than RM 400k.
Anand/Susan/Tan,
Rightly said guys.
Having said that, I wish I had bought it when the price was in RM250K range. Instead I got an apartment in Butterworth....fully regrettable decision :(
what's so special about unesco site? i don't see any difference between BEFORE and AFTER UNESCO thing... ???
Kevin,
Go to below website and do your own research.
http://whc.unesco.org/en/list/1223
Hope, you will have a better picture on World heritage listing and the rules and regulation applies. If you still can't differentiate, may God help you.
If it's not special, the Penang Government will not declare a state holiday on this day.
RM 300K - 320K !!! That's very very very cheap price. I guess that you will need to wait for some very desperate seller. Someone who need the money very urgently. I thought that RM 380-RM390 is cheap but RM 300-320K, is too cheap !!!
Jaz,
We bought the units years ago approximately at your asking price. With all the fees and servicing loan interest past 3 years, do you think we able to sell at that price? Be reasonable lah...
The current price is at 370K to 4XXK depends on unit layout,floor,size,view etc.
Jaz is looking for a good deal. If there is willing seller out there then Jaz has save all the interest cost associated to this project
There obviously is a difference between a UNESCO site and just an old town.
And the differencewill be seen in about 20 years time.
Meanwhile for a condo like Birch, somewhat in the distance and behind Comtar, there really isn't much difference to justify a 30# price increase.
And all that traffic, and noise, and driving up & down to the car parks.
If you work in Georgetown Ok, but as a tourist rental magnet - forget it. Folks want the beach, and always will. Then take a taxi ride into town for an evening meal, a walk around and back to the beachfront peace and quiet for a sleep.
I have received a lot of interest on my property which I have posted on Dec 21 2010. I have already got a willing buyer who have paid some deposit. Thank you for all those interest. By the way, I sold it at RM 438K.
For those who posted your ad here, be careful of those people from Ivory Coast.......... A lot of con men out there.
when is the completion date as in S&P?
Hi, In-Style. The completion date as in S&P is 36 months from stage 1a (from completion of structural framework).
Thanks, Lim ... 36 months is long... but i can forseen this is a good project
Hi, In-Style, the project for Birch Regency is near completion, expect to receive the key this May 2011. You have a great vision, this is a good project with great potential, many new outlets and new happenings in the pipe-line.
I have one unit at floor 23. Think to rent out, watt is the market price? Easy to rent out?
its a good rental as it comprises lotsa expatriate
Hi, HK and Sim Eng. I agree with both of you. Some brokers are trying to ‘goreng’ the price of the property and bring down the price to speed up the deal. After we realised and regreted selling too cheap it may be too late. Sometimes cannot fully blame the agents as I had come across some buyers offered at ridiculous price. They just try their luck and if we gave in, that is their bonus. Not all brokers are bad, there are some good brokers who are more decent in making offer and very polite too.
We are talking about fair deal here, some owners entered late and their original purchase price already more than RM330k. Plus agent’s fees (if sell through agents), servicing bank interests for loan, loan’s agreement legal fees, government gain tax, early bank loan settlement penalty if sell before tie up period. So, what’s left for owners?
There was a report in major local dailies on 11th March (Friday) by Rehda acknowledges that the price of properties in PG, Klang Valley and Johor will be further escalating by at least 13% this year. The recent sharp increase in property’s price is mainly due to limited land availability (esp in PG) as well as the enormously hike in the cost of building materials such as cement, steel, sand etc.
Last year PG’s property was seen as the highest boom in the country as compared to other states due to increasing demands and strong political background. The near and far future for property market in Penang is predicted to be vibrant and the price will stay strong. This is the report quoted from the newspaper. I am not an expert nor property adviser but buying property is just part of my interest. Just to share some of my personal insight here.
For those owners who can hold on, not necessary for panic selling at this moment. It is better to let the market flow leads the talk and definitely your property will be a valuable asset.
Price of properties in Penang will rise 13% this year !!! The selling price of phase 2 now is around RM 430K. This mean that it will become around RM470K by year-end. Oops! Too bad, already sold mine...............
Forgot to tell you all. I heard that Phase 2 have a very nice poolside area. Much better than phase 2. I still have a chance to enjoy it as I still have 1 more unit which I am going to stay there. Heard that VP will be given at the beginning of May.
REDHA guessed that property in Malaysia will rise by 13%.
They said that cement gone up 6%. They didn't say that steel gone down 8%.
Hoong . On what do you base your assumption. Facts, or greed.
Based on the average of 1ast 3 year record, the property price inflated 20%.
So, the selling price is 430K x 1.2 = 516K.
Don't sell. Keep till end of the year.
yes i feel cozy there n no reason to forgo my unit
Penang State government allow developers more sq. ft. per plot ratio.
Penang State government to give preference to devleopments with units at/below RM350,000 as part of affordability moves.
Bank Negara forecast to raise banks' capital reserves by another 1% in May, followed by analysts' forecasts of total 3/4% - 1% increase in BLR for 2011.
Go figure.
Wow! Great location, everything is at your door step.
Any idea, is the monorail project still in place? Any new about phase 3? Looks like Penang Time Square will be an iconic of Penang. Hope can get a unit there too...
David, The rebuilding of Japan tsunami's area will need a lot of timber and steel. Furthermore our own project like MRT and other projects will start soon. All this will need a lot of steels. The demand will start to increase in June. So will the price of steels.
You can find a lot of units for sale in the Phase 1 Birch the Plaza.
Do you think this condo will do well in subsale market?
If you had bought your apartments between 2005 - 2008, (the crazy years just before the financial crisis) you had paid 30 - 50 percent more than you should for them so you (addressing property speculator) should not wait too long to sell your properties if you could still make a profit. Learn from what happened in Spain. The country is in trouble because banks there lent out more money to builders and home buyers than they should and now the banks own thousands of properties nobody wants for the kind of price you are paying in Penang. Property prices were reduced 30% before people cautiously started buying and it is expected to go further down 15% the next couple of year - depending on how long it takes for the world economy to recover. Many experts said it would take 5 to 10 years. So why should I buy a house or an apartment in Penang when I can buy a better quality one cheaper in Spain? Coastal Spain has the perfect Mediterranean climate and is not as hot, humid, traffic-jammed, crowded and polluted as Penang! So sellers should stop being greedy as Penang is not London or New York so stop thinking that the price will go up to no sky limit because land in it is scarce. There is always Butterworth. In future, Butterworth would probably be more attractive than the congested island. Property prices will always depend on its attractive location but even in Singapore, property prices has dropped by 30%. True, Penang Times Square is in a Unesco World Heritage spot but being situated there does not make it the Taj Mahal. So sellers should be realistic and buyers should not pay more than the fair market value. Agents can give you an estimate and being professionals who know the market well they are usually not far off the mark. If you paid 330K for your apartment at the height of the property madness when you should have paid around 230K (30% less), you should be happy if you got 360K - 380K for your property now. Who knows, the fair market value might be 15% less in a year's time. And buyers, don't forget that you also have to pay the additional cost of an annual maintenance fee for an apartment. And whether you apartment will appreciate in value in years to come will depend on what kind of neighbors you have. Hope you get house-proud and clean neighbors who maintain their properties and not drug addicts (or sellers), prostitutes, gangsters, care less renters, the quarrelsome and the aggressive who throw rubbish all over the place and not to forget those my-chidren-can-do-no-wrong parents who have kurang ajak children. So do remember to check what kind of neighbors you have before you buy. And if it is an amazing property, find out why the owner is in a terrible hurry to get rid of it. Good luck.
Hi, Justine. Spain is so far away and i don't think me and my family will ever consider buying property there. Moreover we don't know how to speak Spanish, so language is a big problem. We don't have a fix job in Spain so how are we going to earn a living? Last few days Spain hit by earthquake and i am sure you yourself also not planning to stay there. For property in London the apartments price has been dropped recently due to over speculation and the local British don't stay in apartment. They prefer landed property but in Penang most people like to stay in apartment due to better security and more facilities so the price i can say quite stable.
Talking about the naughty kids if they ever have any wrong doing their parents are the one to be blamed so education and close relationship between parents and their kids are very important. The activities of the children have to be constantly monitoring and this is every parents responsibility. Kids are just like plain white paper and we need to guide them the correct direction.
Justine rite, if you dont know about property market well enough, pls dont make any remarks. FYI, singapore property is not dropping, infacts is going up somemore. Cos I am staying here.
Justine,
Simple equation, as long as the FDI keeps coming in Penang and it is still an island, the property price is going to be up..up and up.
And for a person to be able to affort a RM400K range apartment, i don't really expect to see drug peddlers, prostituion..or uneducated family who let their kids to round around or throwing rubbish all over. I bet you wouldn't have any experience before living in 'semi-luxurios' apartment/condo before, and saying this out of emotional thought :)
As for Butterworth...it won't be attractive for those people that already live in Penang island all their live (you go ask any of penangites, their first choice will still gonna be the island). And today's high price property in Butterworth is the spill over effect from the island....so the property price in the island will still continue to go up..up and up :)
Can anyone pls adv me, when received unit from developer, which are the common defects or defects area to look out.
Thanks
Hi tangteng,
Read the news below! I guess unexpected things do happen..:), or is it because when the owner bought the unit last time, it was only RM 200k++, therefore the drug traffickers are qualified to stay there?..:)
GEORGE TOWN, May 26 (Bernama) -- Seven men and two women were charged in the Magistrate's Court here today with trafficking in drugs, totalling worth more than RM10 million in two cases about two weeks ago.
In the first case, Tan Beng Tatt, Ooi Kean Wah, Koay Heng Chong, Fiteli Mohamat Saadin, Lisa Md Kassim and Mastura Mohd Fudzi were charged with
trafficking in 2,015gm of methamphetamine at Block 77-23A-5 Penang Times Square, Jalan Datuk Keramat here at 7.30pm last May 12.
Condomana,
Drug traffickers are qualified to stay there just because of the tight security! ^-^
Dear tangteng,
Another surprise for you!!..:)..I wonder why drug traffickers and prostitudes like to operate there..hhmmm...maybe it's because of the "convenient" location?..;)
GEORGE TOWN, 29 APRIL, 2011: Penang police detained three women, believed to be involved in prostitution, including a pimp, at a condominium adjacent to Penang Times Square here yesterday.
North-east district police chief ACP Gan Kong Meng said acting on information received, police carried out surveillance for almost a week before raiding the condominium at 4pm.
Hi Condomana,
Well, that says it all, it's another 'high end' activities, an even more reason for the condo seller to sell it at RM400k :)
On the serious note, think these could happen at anywhere...if someone is so naive to find a place that is free of all this......go Afghanistan.
The future is not so bright anymore.
3地段有新主人‧18屋無人問津‧“業主拍賣會”不冷不熱
•北馬
2011-05-29 11:47
•
全新概念的“業主拍賣會”，首次推出的18間房屋找不到新買主。（圖：星洲日報）
（檳城）業主定價太高，昨日（28日）首次在檳城主辦的“業主拍賣會”的18間各類房屋無人問津，倒是3塊總額達400萬令吉的土地找到新主人。
為避免房產炒家在產業拍賣會炒高房價或以不正當手段收買別人，Srishanbid在檳城落實一個全新拍賣概念，即直接為業者拍賣房屋或地段，讓有意購買的民眾依據業主所定的價格叫價，價高者得。
然而，相信是業者把房屋的價格定得太高，昨日拍賣的22項房屋和地段，一些在檳島的豪宅（定價105萬）比一塊位於威南的土地（定價60萬）貴一倍，以致18間房屋全拍賣不出，至於4塊地段中，有3塊脫售。
拍賣官：業主把房價定得過高拍賣官沙姆干說，從昨日的行情來看，業主的確把房價定得過高，他會把有關情況反映給業主，希望他們可調整屋價。公司將於7月3日在愛心大廈再主辦一次拍賣會。
另外，世界不動產聯盟（網絡和市場）副主席倪傳鵬說，儘管當天的產業無法出售，但這不代表拍賣會不成功。
“目前出現2種情況，一是屋主不懂為產業定價；二則是民眾負擔不起過高的房價，當天的情況顯示過高的房價讓民眾沒有能力購買。”
Justine - long writing unfortunately im not agree with ur statement. U may move to Spain or Buttherworth if you think to spill ur beans over there. Jenny is right.. SG price never drop. wonder where u got the news. If u are waiting for the price to drop before get one, you may continue to wait..
Wisdom - thumbs up, wise feedback and i am certainly agree with u.
I have a good forecast on this project seeing development by our PG Govt and ivory. Georgetown will be still the heart of PG, and PTS will be our PG icon
Singapore property price drop?? You must be kidding!!
Jenny,
Common defect mostly is leakage from ceiling, improper pain job with stain, floor and wall crack.
Hi Liang, tks for the adv. When is O.C obtained for BRS. How come no one can answer, the developer also not certain. When can move in?
I am looking for contractor for renovation... any recommendation?
Oc is obtained ! Jus received email
birch regency electric tariff follow commercial or residential tariff? any1 can advise? thx.
It is follow residential tariff.
Current average selling price for Birch Regency is RM 620 per sq ft.
Let said that one unit for 950sq ft at level 12 should be around RM 590,000. 1100 sq ft at level 12 should RM 690,000. The higher the level, the high the price.
Rental Average RM 2700/2800 per month (950sq ft)
McDonald coming soon to Birch House. Ivory is moving to their new office on top of Soju. Aeon will be coming to Penang Times Square phase III. Cinemaplex will be build together with the 5 Star Hotel and Aeon Department store.
Birch Regency is currently full with Japanese, Korean, Chinese and European tenants.
Target price for Birch Regency after the completion of the hotel, Aeon and Cinemaplex is average RM 800 per sq ft.
CORRECTION :-
The price of RM620 per sq ft is for the Level 6. Level 12 should be around RM 630 per sq ft. This is for basic unit only (withour renovation).
With the current increase in oil price, the price will increase by 8% to 10% soon.
Let said 5% increase in the price.
One unit(950Sqft, basic unit) should be around RM 600,000
The 1100 sq ft unit at level 12 should be more than RM730,000
Renovated unit should cost much more.
For those who wish to sell their unit, wait until end of the year/beginning of 2014 and you will get a better price
CORRECTION AGAIN :-
An increase of 5% will bring the price of 950sq ft (Level 12, Basic unit) at around RM 630,000.
From my recent calls to the housing agents, the current selling price are now above RM600,000
I just sold my 2 units last month at the prices below.
950 ft, Original, Level 10 : RM 829,000
1100 ft, Original, Level 16 : RM 999,800
So regret now.
Since McD is coming, I should have sold them at 10% more.
Heard rumors that Birch Regency owners will not get any strata title because Ivory did not break down the land parcel to allow strata title to be awarded?
The whole Time Square have 4 phases. Ivory can only obtain strata title after they had completed all phases. At today, Ivory only complete 2 phase, ie Birch Plaza and Birch Regency.
Hi koktiong,
The council has already advised Ivory to go ahead and split the title rather than waiting for everything to be completed, but Ivory is not doing so. Why?
Condomana,
I got the information from one of the state assemblyman that Ivory told him. Its bcourse I did make a complain through him.
If Bitch Regency committee changed into MC, than Ivory must obtained strata title.
What's the reason IVORY is dragging it's feet? Shouldn't they be happier to get rid of the responsibility of running the condo? I am afraid there is more then meet the eye. Some developer use up all the funds before they agree to hand over. Leaving owners high and dry, even sinking funds are gone. Just watch it! So far IJM has been quite good but not many developers are as straight.
Penang Fan,
Once the JMB is formed, Ivory is not the person to manage the condo. The developer is one of the committee in that condo only. Owners of JMB is managing the condo. They can check the account which was managed by Ivory earlier and make Ivory answer the questions.
I had 'pumped' Ivory several times last time when I received my keys from them. I even complained to COB in Komtar.
Hi Penang Fan,
Although this could be pure speculation, but I think they are shifting money from right to left pockets. Since the JMB has not been formed, that means the owners are still not in control of the common funds. Is ivory using part of the funds to pay for maintenance of the empty mall downstairs? Since the mall is practically empty, I suppose no owners of the shoplots are paying maintenance fees right now...:)...It's going to be at least 8 years before the whole project is completed. By then, all common funds would have been used up to maintain the empty mall.....:) ...Then how? Ask residential owners to cough up more money for maintenance?...:D
The state should intervene early to prevent a meltdown. Owners should also start legal action fast, but the only question is, should the buyers not have known from day-1 that this is the kind of shit they are getting themselves into when they sign the S&P to buy this type of "commercial service suites"?...:)
Dear Penang Fan,
After a year under the developer management, the developer must give letters to all residents to form JMB for their condo.
If Ivory is not doing this job, he can be sue under the Local Housing and Development act. Get a group of about 10 units owner and see COB in Komtar.
condomana, I agree with you. What you deduce could be for real and very scary. I am glad I didn't buy this condo when it was offered at a very attractive price. I strongly suggest owners reading this to set up a committee to check the current account before it is all siphon out. It will be terrible to take over with no fund left. It wouldn't be fun right?
Alex,
McDonald coming soon to Birch House?
- when? 2 more years?
Aeon will be coming to Penang Times Square phase III?
- when? 4 more years?
Cinemaplex will be build together with the 5 Star Hotel and Aeon Department store.
- when? ten more years?
Target price for Birch Regency after the completion of the hotel, Aeon and Cinemaplex is average RM 800 per sq ft.
- This is the story after 10 more years.
FOR ONLY 550K
I was away for more than a year. Was back in Penang fot a few days. Was surprised to see than the standard of cleaniness have dropped a lot. I couldn't find the purple shirt Nepal cleaners anymore. No cleaners could be found. I have asked one resident and was informed that Ivory have changed the cleaners. I hoped that Ivory will restored back the previous cleaners.
High Floor - Original unit - Facing kek lok si - 630k nett 0164704702 (REN05117)
Back in Penang since 9 July. I have seen a lot of improvement at Birch Regency. The purple t-shirt cleaners are back but not NEPAL. Heard that Ivory outsourced the cleaners service to a company. Same cost but less cleaners. That's is Ivory. More $$$ to Ivory. Birch Regency residents need to look into this. Need more cleaners.
WOW !!!. Now Birch Regency are using fingeprint device at the Level 5 gate. Much better than the outdated card. Now residents don't need to bring card everywhere.
Even the facility room have fingerprint device outside. Even guard station outside. WOW. Great improvement !!!!!!!!!!!!!
Bright led lighting at the carpark.
Birch Regency is going high Tech.
I also noticed that there are more Japanese tenants here. People talking japanese here and there. When I am in the lift with one group of guys, I feel like I am in Japan. They are talking japanese. Feel like I am in Japan when I see some many Japanese tenants here.
Now what need to improve is the guards. Still the same type of guards. Need to change them.
Will be off to Hongkong for holiday next week. Hope to see more improvement when I am back during end year or CNY. Change the guards/ cleaners.
Looking for Birch Regency for rent, anyone have? kindly email awktsp@gmail.com......thanks!
Birch Regency For Sale
1050sf -Original Unit -1cp -600k
950sf -Fully Furnished Renovated -1cp -630k
Key With Me
For Viewing Pls Call Mr Goh 012-4105400
Birch Regency For Rent
1100sf - 3R 2B 1CP - Fully Reno Fully Furnished - RM2800/month
Viewing Pls Call Jason 018-2306931
hi there i got few unit for sale
Property Details:time square penang
- freehold
- fully furnish & fully renovation
- 1000 sq.ft.
- seaview
- Corner unit, well ventilated.
price : 700k nego
contact 016 441 6113 agent patrick lim
For more information,kindly to call / Whatsapp/ wechat/ Email for more details
or arrange an appointment for view
I will be happy to serve you.
We are very welcome call / SMS / email / whatsapp me for SALE or RENTING out your unit,we have ready BUYER and TENANT. Hope that we can help you
View to believe
For more inquiry or arrange for viewing , buy , rent , sell
Welcome other agent to co-broke too
Please Contact
016 441 6113 agent patrick lim
anyone here intend to let go their unit in birch regency?,kindly email awktsp@gmail.com ,thanks..
Hi Anyone looking to Rent Birch Regency, Fully Furnished & Renovated. 2 bedroom 2 bathroom nice seaview unit
call kc 0164440323
one unit for sale selling 788k
- 950sqf
- Fully Renovated
- Fully Furnished
- Townview
- Price nego
Hi, Call or Whatsapp me, 0164704702, if interested , thx. Phang From Real estate
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Few unit on Hand !!!
For sale RM650K
For rent RM2000pm
Kindly contact Jaycus 0172262899
Hi, I have few unit for sale and rent, if you interest please contact or whatsapp me.
Lucas 011-26469798. Thanks
Birch Regency For Sale:
620k. Nego
950s.f
Poolview
High floor
Cane Low
012-5592122 (Whatsapp ready)
Hi, I have a unit for sale.
Birch Plaza: 3 bedroom
Fully renovated, decorated and furnished.
676k. Negotiable
Contact: Siva +447786805428 (Whatsapp)/email: sivabond@hotmail.com
* Unit 1050sf
* 3 bedroom, 2 bathroom
* selling rm640,000
Darren 0124771515
Dear Sir/Ms,
TIME FIBRE INTERNET is available in this condo
1)RM149/mth for 100Mbps
2)RM189/mth for 300Mbps
3)RM299/mth for 500Mbps
RM500 rebate if you switch from another internet service provider to TIME
If you wish to apply, please contact me @ 0124798769(alvin)
Have a nice day!!
I have some units for sale. Please call or whatsapp Anthony from Popular Realty. 0124333370 or 0124338798.
Price Range from 600k to 720k . Original and Renovated Unit Available.
Rental Range from RM1800 to RM2500. Partly furnished and Fully furnished available.
Will try my best to negotiate for u. TQ and have a nice day.
For Rent - RM 2k Per Month
Fully furnished and renovated
Robert 0125524555
Birch Regency for rent Vacant and Fully Furnished & Renovated unit starting from Rm1500~2500.
Charles
016-498 3158
Dear Buyer,
I have BEST BUY UNIT for sale
- 1000sf
- 2 rooms 2 bathrooms
- Renovated & Furnished
- Middle Floor
- Seaview
Asking ONLY 680K NETT !!
BANK VALUATION OVER 750k !!
Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Owners who are willing to let go or rent can contact me too. TQ
Hi, to buyers and tenant, i have few unit on hand for sale and rent
to owners, you may contact me if you have any properties for sale or rent,
Kindly call / watsapp / wechat / SMS Nickson Oung from Elite Properties, 014-324 9506 for more information
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Owners who are willing to let go or rent can contact me too. TQ
Hi all buyer and tenant
i got some unit for sale and rent at Birch Regency , if you interest please contact or whatsapp me. 017-4412615 (Call ,Sms) / 017-4412615 (Whatsapp) Ken
or email ken7ung@gmail.com
Birch Regency - Times Square
- RM 635K
- Freehold (永久地契)
- Middle floor （中楼）
- 950 sq ft （950 方尺）
- 2 bedrooms （2间睡房）
- 2 bathrooms （2间浴室）
- Fully renovated （全装修）
- Fully furnished （全家具）
- 1 car park （1个停车位）
WELCOME LISTING
BUY...SELL ... RENT ...
WELCOME BUYER , OWNER & TENANT
PLEASE CONTACT: ALEX CHEAH 011-16551368
房地产业 (购买..出售..出租)
欢迎屋主..买家..卖家及租户
寄售您房地产业及询问您房地产的市价
请联系: 谢民珲 011-16551368
Dear Buyer,
I have BEST BUY UNIT for sale
- 950sf
- 2 rooms 2 bathrooms
- Renovated & Furnished
- Middle Floor
- Pool View & Seaview
Asking ONLY 680K Nego !!
BANK VALUATION OVER 700k !!
Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com
Dear Buyer,
I have BEST BUY UNIT for sale
- 950sf
- 2 rooms 2 bathrooms
- Renovated & Furnished
- Middle Floor
- Pool View & Seaview
Asking ONLY 680K Nego !!
BANK VALUATION OVER 700k !!
Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com
Hello
We offer the following kinds of loans and many more;
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Email us @: clinton.loanfinance@yahoo.com or clintonimmanuel9@gmail.com
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Regards
Clinton Immanuel
Director For Finance
Clinton LOAN Finance
Birch Regency
for sale
950sf - RM680k (2carpark)
for rent (fully furnished & renovated)
950sf - RM 2100~RM2800
We are here to provide property assists.
welcome call & whatsapp
Ong 0124845477
Birch Regency
for sale
950sf - RM680k (2carpark)
for rent (fully furnished & renovated)
950sf - RM 2100~RM2800
We are here to provide property assists.
welcome call & whatsapp
Ong 0124845477
1 unit for rent
- 2 rooms
- Renovated & Furnished
- 1 car park lot
Rent 1.8k nett
Hi, Interested Please Call or Whatsapp me phang 0164704702 , thanks
hi owner any property wan to sale pls Email me
email: th.shim@yahoo.com
jack thank you
have buyer consider .......OR rent
我们将会提供您最专业的服务
1 unit for sale
- 950sqf
- face pool
- Renovated
- 1 car park lot
selling 650k nett
Hi, Call or Whatsapp me, 0164704702, if interested , thx. Phang From Real estate
Hi all buyer and tenant
i got some unit for sale and rent at Birch Regency , if you interest please contact or whatsapp me. 012-224 8929 (Call ,Sms) / 012-224 8929 (Whatsapp) Jack
Birch Regency
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Submit your location, check providers availability and apply instantly with us.
OR WhatsApp / text / call 0122992092
Our Specialist will contact you.
Hiii, I got few unit for rent or sale in Birch Regency, do contact me for more information, 010-882 5059
Nickson from Elite Properties