The Brezza the new state-of-the-art condominium located in Tanjung Tokong, Penang. It brings you beautiful panoramic views from the wide windows that charms the inner beauty of the place call home. One unique advantage is the brilliant layout that links important spaces to one private lanai which is available in all units. Wide array of facilities and amenities completes this impressive V-Shaped condominium.
Property Project : The Brezza Condominium
Location : Tanjung Tokong, Penang
Property Type : Condominium
Tenure : Leasehold
No. of Blocks : 2
No. of Storeys : 23
Total Units : 312
Unit per Floor : 7
Built-up Area : approx. 1,250 - 1,450 sq.ft.
Developer : UDA Holdings Bhd
Facilities
24-hours security, covered car park, club house, broadband ready, intercom connecting condo to guardhouse, children's playground, infinity swimming pool, jacuzzi, wading pool, cafe & gymnasium, reflexology track, landscape garden, BBQ area.
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«Oldest ‹Older 1 – 200 of 711 Newer› Newest»Anybody know when it's going to be launch?
How much is the price range?
Price from RM345,800 to RM518,900.
Launched in November last year, construction is expected to begin in 1Q2008
anybody know whr to see e showroom n will they appling for free hold????
i think the price is bit too steep compare to any others freehold condos.... y is the reason ???
how is developer ??? are establish in malaysia??
Hi...
This condo area is TSUNAMI area lo... very near 2 the sea. somemore expensive compare the land area..
Hi, the price is much cheaper than Seri Tanjung by E&O. Yet jjust next to E&O and nearer to main road Tj Bunga and nearer walking to Island Plaza compared to upcoming Condo by E&O. Tsunami?? All Semi-D and bungalows of E&O just by the sea, so what Tsunami!!I bought 2 units and due to income tax issue, I wish to sell 1 unit. Interested email to me at victor@iesa.com.my
any penthouse or larger units for sale?
Good location, walking distance to public transport and shops, low density, well planned town, close to good schools, fresh sea and hill air, fair mix of local and foreign people, amongst many other advantages.
I wonder have they started constructing and when is the expected completion? early 2010, mid? end 2010?
Huge condo on a newly reclaimed land - I would worry about it sinking over time, or large cracks appearing. Moreover, it's a tsunami hit area (wide open close to the sea - no protection). Believe, it is also lease hold. Is this developer capable?. Good luck to those who have bought it.
That particular side of land has way, long back, many many years been filled with land over time, probably more than 10 years. I used to pass by the road and remember, as it is directly close the the main road.
Tsunami happens due to force of nature.
So what if your house hot hit by a jumbo jet? Good luck repairing.
I suppose people buy a particular place they like for various reasons.
Developer is UDA Holdings Bhd. which has been established since 1971. They specialize is planned urban development and have projects in many parts of M'sia.
For buyers who don't already know - check out their website. http://www.udaholdings.com.my/
Always check on the developer before engaging in buying a property!
I'm not sure whether filling the place with sand over time is good enough to have the land there sufficiently compact for it to withstand the concentrated weight of 2 large condo blocks. Good luck with the repairs ...
any owner over here? i am considering buying as it looks impressive with nice location
visited their sales office and booth in queensbay last week. the sales person sucks. so not professional at all. if the quality of brezza is like its sales person, i would definitely think twice of buying.
Also, have you noticed that the 2 small rooms for the intermediate 1250sq ft have all its windows facing the inner side of the corridor with little ventilation. No outside view at all. Ugly...
Sales person from UDA? Wat the shame..Big name developer UDA Holdings got a lot of property under their name but the sales person not professional.. hahaha..
I went to the sales office today, seems like the block A is almost 95% sold, only a few units left. But my concern is, the Block B, only 5%-10% sold I think, will the construction start in time, and will the project completed in time???
The selling price for a sea view 1250sqf lower floor unit, with only one car park, has reach almost 380k..... is it a good buy??
The selling price for a sea view 1250sqf lower floor unit, with only one car park, has reach almost 380k..... is it a good buy for investment??
Currently, they're having the booth at Gurney Plaza located at the ground floor. Went there to see the replica of the building. It's true the sales person are sucks. Couldn't be bothered about the visitor & just sitting there doing nothing.
I was there, I saw they were very busy with prospective buyers. Was considering as well, and I saw a few actually seriously talking to sals persons. Maybe not your luck.
sales person there juz attend to a certain2 ppl only.. if u look like nothing they juz iqnore u, if u look like prospective buyer only they attend u.. but the sales person very not professional..
I just put my down payment last week for the 1350 sqf unit. Good vicinity to Island Plaza, Gurney Plaza, beach, Botanical garden, schools and a lot more. Tsunami??? Reclaimed land not stable???? Come on, why bother so much of this things. You never know the days after tomorrow. Enjoy your life. Do what you can. This call life.
I also bought one unit from Block A, facing the Gurney drive. I think the location of Brezza is really good, heard Tesco already got approval to built some where there, surrounding the Brezza are mostly 3 storeys landed property, got a new school in that area, near to PORR (but don't know when we can have PORR). Many positive points about Brezza's location. If Tsunami really do happen (touch wood), all those 3 storeys 800k-900k landed property will kena first...
just in case you miss, this is a 99 YEARS project...look around those 99 years completed condo n see what is their conditions like. GOOD LUCK....
quote
just in case you miss, this is a 99 YEARS project...look around those 99 years completed condo n see what is their conditions like. GOOD LUCK....
unquote
If ure not interested in this property, why bother wishing ppl "good luck"? If you have no interest and think this project is a looser, why keep coming back here?
Different ppl have different opinions and some may buy properties for different reasons.
I'm honestly shocked to see some "potential property buyers" in this blog write such inmature comments!
If you think reclaimed land is bad, open your mind to Singapore, Hong Kong, Dubai, and etc - all these "world top" places are made by land reclamation.
If you think Tsunami will hit the same place twice, well, let it be. I am sure all we Sri Tj Pinang neighbours will stick together as one to help out.
If the sales person ignores you, well, if you're really interested, you would go up to them anyways because of the property and not the sales person himself.
It's good we have such interested buyers for Brezza giving good comments. Obviously those with unfavourable comments should rather spend their precious time commenting on something more beneficial, rather than upsetting other happy-go-lucky buyers.
What happened to those 99 years leased hold condo??
What will happen after 99 years?
Renew leased hold?
convert to freehold?
Will the government take back the land, chase all the resident away, and demolish the whole building???
i think i am not so concern about the 99 years and tsunami. I felt the location is good and the price should be rising ... :)
Well said "future Brezza resident"... I fully agree with you.
99 yrs is way long to go. From their brochure, it is stated that they are applying for FREEHOLD - in process actually.
If otherwise, after a few yrs, owners can sell off the property with profit margin, I believe.
With rising costs of fuel and steel, I would not bother about the status "free" or "lease" hold.
It's all about location. Just my humble thoughts!
i hv a great passion in real estate in penang. at the age of 30 i personally own 5 condos in this island. i came across this site by accidentant after i paid my deposit for a small unit in block A high floor.
being a small time real estate investor cum RE agent, after reading all those comments from all u guys, wow, the comments and ideology of eg 99 yrs lease hold, tsunami, developer's credentials etc... i cant agree more that one shd get his/her facts right b4 blabbing here.
personally, i am not rich, so i cant blunder in buying a wrong project under construction.
these are my personal opinions abt props in penang island.
1) if u read and study the trend abt lease hold props, most consumers are very sceptical abt it. believe me, no one lives more than 100 yrs nowadays, so nothing to worry about what will happen whn the 99yrs is up, whether the owners of the condos shd pay a new premium for the leased land, or worry about whether it will be converted to a freehold title.
in msia alone, most condos are between 1-30yrs old, in pg, the oldest ones are mainly sunrise tower, horizon towers and PG1, average ard 15-20yrs old. correct me if i am wrong, these condos hv had good capital gains for the past years. indeed, their title is freehold. the fact is the brezza is under one master title, uda land has submitted their conversion plans in 2006, there's a sch, huge park and 3 more phases of condos in the future, (10yrs plan) 1st phase terrace house all SOLD out, bigger units (block A) all nearly sold out too.
E&O Development and IJM managed to convert their lands to freehold, i believe all the owners of the props are smiling now, as the prices of their props are sky rocketing.
UDA land alone in tg tokong is huge, (pay a visit to their showroom in prima tg and study the master plan) then decide whether they will get a conversion from lease to freehold.
i already did my homework, 330psf (my unit) compared to 600psf E&O low rise condos, i believe i will not only enjoy good capital gains, but excellent rental returns since the location is near to perfect (island plaza, remember we hv new owners for the plaza? and the agreement has been signed for a 2nd Tesco in pg, take a guess where it will be built?) not forgetting other amenities like international schs, dalat's 5mins drive away, uplands now in batu f, SCIPS in pulau tikus, TENBY along gurney, the condo also caters well to locals since the local schs too are very near, walking distance soon as the primary & sec sch will be built right behind the E&O terrace.
hello...seaview too for high floors. clean breeze and sunrise.
UDA land a lease hold? i dun think so, by the time u wait till its converted, we will be looking at at least 400psf.
tg bunga region, tips from BSG, their condos going at 400psf. in addition, with the new price of fuel, cement, glass, wood, metals, electricity etc, wait another 2yrs, new condos will be moving at between 400-500psf min. i guess, not every1 has the luxury to purchase new condos, but believe me, even the old ones like marina bay, grandview, mutiara villas and all those good location units, will be going at the same psf $. penang is an island and will always be an island.
every 5-10yrs, landed props will double up in price, (depending on location) for condos, if u study the trend, the price will double up between 2-10yrs (location location location) The Cove & Gurney11 are good examples of Buy 1 free 1 in less than 3yrs. even Bayswater belong in this category.
Grandview condo? 170k launch, now? min 315k - 350k.
tg park? from launching 238k 288k 318k now, going at 330k at a few reno ones at 450k-500k (1k+ sf)
too much to handle? i will move to natural disasters now.
tsunami: once in a lifetime event. read up,
26 Dec 2004 - Indian Ocean tsunami
1650 BC, Santorini, Greece Tsunami
1755, Portugal
1883, Krakatoa Volcano
1960, Chili
1964, Alaska, British Columbia
1976: August 16 phillipines
July 17, 1998: A Papua New Guinea
if indonesian plates are so lucky to keep moving every 10yrs, (thats the probability for a great earthquake to take place) thats the end of the world mates...
wont happen again, anyway even if it does, the 2islands reclaimed by IJM for E&O Developement starting 2009 will act as a shield for The Brezza, dun forget the 3M - 7.6M bungalows, 1.5M - 2M semi-ds and 1M terrace houses will be another shield for The Brezza (touch wood!) jokes aside, this is a reclaim land, still sceptical? look at the whole stretch of queensbay to tesco, bayswater, to The Spring, Nautilus Bay, jelutong express etc... do u realise they are also reclaimed once?
anyway, in short, i only wish i the banks can loan me more $ to buy more units in the Brezza, or i'll just wait for the 2nd and 3rd phase condos in the future (of course the $ will be higher by then)
to all those sour grapes, go ahead and park yr $ in FDs and unit trusts, 3-10% will not bail u out from the present inflation and cost of living in present msia.
now i am happy to say 'Good Luck' to the Sceptics
that is a good brilliant analysis of property around tg bungah/tg tokong/batu feringgi area. i agree with your analysis. also wish i got more money to buy more property, but of course, must have some sort of financial stability before embarking in this venture. only manage to purchase a landed house in tg bungah and 1 condo at regency heights, now no money. since i intend to live in tg bungah, cant call that investment either.... well, that's life, cant have everything. already miss the boat this time, everything will be more expensive from now.
by the way, some of the really old apartments, one will be hard-pressed to sell or rent them out, wont he/she? condos seem to have a shelf life sometimes, the older ones lose flavour once new ones come out? what say you?
if u read and study the trend abt lease hold props, most consumers are very sceptical abt it. believe me, no one lives more than 100 yrs nowadays, so nothing to worry about what will happen whn the 99yrs is up
YOU ARE CORRECT, NOT MANY LIVE BEYOND 100, BUT WHY ARE YOU BUYING NEW LEASE HOLD PROJECT AND NOT OLD LEASE HOLD PROJECT??
i already did my homework, 330psf (my unit) compared to 600psf E&O low rise condos, i believe i will not only enjoy good capital gains, but excellent rental returns since the location is near to perfect
WHY ARE YOU COMPARING APPLE TO ORANGE, E & O IS IN A DIFFERENT LEAGUE ALL TOGETHER. DO YOU KNOW HOW MUCH IOI WILL BE SELLING THEIR free hold PROJECT ACROSS THE STREET? HAVE YOU DONE HOME WORK ON THIS?
UDA land alone in tg tokong is huge, (pay a visit to their showroom in prima tg and study the master plan) then decide whether they will get a conversion from lease to freehold.
UDA land a lease hold? i dun think so, by the time u wait till its converted, we will be looking at at least 400psf.
IF YOU ARE CHARGE FOR SODOMY, YOU ARE NOT GUILTY UNTIL PROVEN. IF YOU BUY LEASE HOLD, IT REMAINS LEASE HOLD UNTIL CONVERTED. DO NOT SPECULATE. MONORAIL WAS APPROVED, LOOK AT IT NOW !! THIS IS MALAYSIA AFTERALL.
http://apartment-penang.blogspot.com/2008/06/monorail-porr-projects-have-been.html
http://apartment-penang.blogspot.com/2008/06/freehold-land-applications-now-on-hold.html
correct me if i am wrong, these condos hv had good capital gains for the past years. indeed, their title is freehold.
YOU SAID IT YOURSELF, CAPITAL GAIN DUE TO FREEHOLD...
every 5-10yrs, landed props will double up in price, (depending on location) for condos, if u study the trend, the price will double up between 2-10yrs
HAVE YOU EVER CONSIDER INFLATION, WHEN WAS THE LAST TIME YOU PAY RM 1.50 FOR A BOWL OF NOODLES, NOW?
YOU ARE BLIND SIDED WITH ALL THE GOOD POINT BECAUSE YOU HAVE COMMITED LARGE SUM IN YOUR INVESTMENT, DO ACCEPT THE -VE POINTS WITH AN OPEN MIND. LOOK ACROSS THE STREET, FREE HOLD CONDO, FREE HOLD STATUS. THE WORD IS CERTAINTY. CHOP N SIGN.
being a small time real estate investor cum RE agent,
HOUSE OWNER, THIS IS WHERE YOU PUT YOUR $$ INTO.
i hv a great passion in real estate in penang. at the age of 30 i personally own 5 condos in this island.
YOU HAVE NOT SEEN THE WORLD ENOUGH, DO YOU KNOW WHAT HAPPEN IN 1997?
This blog has been an excelent resource to a lot of buyers, myself included.
It could be perfect if not for some really outlandish negative comments. I do appreciate folks out there commenting on each project's pros and cons but some comments (like the one above) is just plain dumb, for a lack of a better word. I see only negative comments are those that go way out of hand.
No 1 project is perfect but comments like the anonymous comment that said, and I quote: "YOU HAVE NOT SEEN THE WORLD ENOUGH, DO YOU KNOW WHAT HAPPEN IN 1997?" is totally irrelavant to the project at hand. I believe everybody can benefit if we can keep within the topic of discussion. Regardless if comments are negative or positive in nature.
i already did my homework, 330psf (my unit) compared to 600psf E&O low rise condos, i believe i will not only enjoy good capital gains, but excellent rental returns since the location is near to perfect (island plaza, remember we hv new owners for the plaza?
WHY DO YOU THINK E & O CAN SELL AT 600PSF?
http://www.seritanjungpinang.com/stp/_repository/stp/newsletter/Watercolour_Apr08.pdf
in short, i only wish i the banks can loan me more $ to buy more units in the Brezza
THATS THE WAY TO GO, BOY...
by the way, some of the really old apartments, one will be hard-pressed to sell or rent them out, wont he/she? condos seem to have a shelf life sometimes, the older ones lose flavour once new ones come out? what say you?
Shelf life is a good phrase to use here. An investor shd create a biz opportunity for the buyers eg, buy at 400k, reno 50k try to get a rental return of 3-4k/month. with a strong ROI, sell it at 500k - 600k, this will justify its selling price since the 36k - 48k/yr returns is ard 6-10% returns of the selling price for yr buyers. This applies to old and new projects (new ones hv better chances dun u agree?)
YOU ARE CORRECT, NOT MANY LIVE BEYOND 100, BUT WHY ARE YOU BUYING NEW LEASE HOLD PROJECT AND NOT OLD LEASE HOLD PROJECT??
Old ones already bought, made capital gains, sold, and converting my portfolio to new ones. FYI, already bought E&O (freehold, u already know, using petty cash to buy whatever available in the same location, can?)
WHY ARE YOU COMPARING APPLE TO ORANGE, E & O IS IN A DIFFERENT LEAGUE ALL TOGETHER. DO YOU KNOW HOW MUCH IOI WILL BE SELLING THEIR free hold PROJECT ACROSS THE STREET? HAVE YOU DONE HOME WORK ON THIS?
Brother, hv u calculated the chances of renting out IOI props? I am never against any developer, all I hv written in the 1st blog, are based on personal experiences, indeed most or nearly all my props are FH, but I dun know y u are so against leased ones (no worries pal, I KNOW UDA land will be FH soon) my interest is the location and the 330psf, nothing more buddy, dun get so offended.
Capital gain is a plus, always hope for a good rental return to cover installments, maintenance, extras are passive income, u hv yr own game plan, I hv mine, (not a pro, but learning curve shorten aften reading Robert K’s books)
IF YOU ARE CHARGE FOR SODOMY, YOU ARE NOT GUILTY UNTIL PROVEN. IF YOU BUY LEASE HOLD, IT REMAINS LEASE HOLD UNTIL CONVERTED. DO NOT SPECULATE. MONORAIL WAS APPROVED, LOOK AT IT NOW !! THIS IS MALAYSIA AFTERALL.
Ye all with little faith… monorail and PORR will arrive in penang, soon. Spend yr time reading Robert K’s books, not the newspapers.
HAVE YOU EVER CONSIDER INFLATION, WHEN WAS THE LAST TIME YOU PAY RM 1.50 FOR A BOWL OF NOODLES, NOW?
That’s y I put my bets on real estate, brother… FDs and UTs aren’t my cup of tea to make my money work for me, I am NOT saying they aren’t good, I do hv some there, just that I am born with a horse shoe in penang RE, may as well optimize this gift.
YOU ARE BLIND SIDED WITH ALL THE GOOD POINT BECAUSE YOU HAVE COMMITED LARGE SUM IN YOUR INVESTMENT, DO ACCEPT THE -VE POINTS WITH AN OPEN MIND. LOOK ACROSS THE STREET, FREE HOLD CONDO, FREE HOLD STATUS. THE WORD IS CERTAINTY. CHOP N SIGN
Agreed, that’s y I picked The Brezza since I hv some petty cash left (petty my fren, it means lil’ sum) and…. I know its FH soon. So yes, I buy FH projects.
HOUSE OWNER, THIS IS WHERE YOU PUT YOUR $$ INTO.
Crawl, walk, run, steps taken by every1 = house owners, landlord, RE investor
YOU HAVE NOT SEEN THE WORLD ENOUGH, DO YOU KNOW WHAT HAPPEN IN 1997?
Yes sir, I was in form 6th that time. Indeed it was a challenging time in asia, Europe, states, etc… that’s the reason I dun work for ppl, I collect rents, remember?
During economy crisis, working class ppl are hit worst. Therefore try to get into the B and I quadrants asap.
WHY DO YOU THINK E & O CAN SELL AT 600PSF?
I dun think I need to explain myself since I bought one there, like I said, petty cash in RE is better than FDs. Dun get me wrong, taking calculated risk in purchasing props (FH or LH) is different from making risky decisions.
No offence to developers, purchasers & readers, reason of writing in this blog is to share my personal opinion on The Brezza, the location & the potential of this upper Gurney area.
Very eloquent response. Kudos to you friend. I do have to say though that it is a pretty harrowing time for newbies like myself parting with money for property. I'm just glad its not all gloom and doom.
well my dear friend, a lil' risk comes a lil' gain or... a lil' loss. its all a math game, probability of success increases if supported by facts, researches, reports, statistics, and taking time off to speak to the experts and reliable mentors in the respective field, one can make a better choice.
despite bad or challenging times, life goes on, whether a person invests in props, FDs, UTs, KLSE, bonds, etc... we still need our $ to work hard for us, otherwise we hv to work hard for $ all the time, but always make sure u know yr facts b4 indulging in them.
i dun know everthing, but i do know enough to convince myself that The Brezza works for me, only time will tell, even seamen need luck at sea.
Hey friend, are you a UDA sales person? Why are you so sure that Brezza is going to be FH soon? No offense bro, just curious...
I really like your analysis, learn a lot from your point of view. Thank you so much.
Hi everyone, after reading all the comments here, i am quite interested to invest one unit. This will be my first property investment. I want to ask your opinion. If I can pay only the 10%, and loan from bank 90%, is it advisable to invest? Since the interest will be errr, say RM30k-40k in 3 years time. The interest is accumulate quite fast with the current BLR, and the BLR may be increased in near future. Will the gain in rent/sale cover my interest loss in bank loan? I am not a rich person, that's why i can only depend on rental to help me clear the loan. Is it advisable to invest? Your opinion is very much appreciated. Thank you.
Old ones already bought, made capital gains, sold, and converting my portfolio to new ones
THIS GUY IS USING THE BLOG TO TALK UP THE PRICE SO THAT HE CAN UNLOAD IN THE FUTURE, BUYER BEWARE....
I know its FH soon
SURE, YOU WILL APPROVE THE CONVERSION?
I am not a rich person, that's why i can only depend on rental to help me clear the loan. Is it advisable to invest?
VERY OFTEN, PEOPLE MAKE USE OF FORUM, CHAT ROOM TO MISLEAD MAN ON THE STREET INTO THEIR FAVOUR. IF YOU HAVE A ROOF OVER YOUR HEAD, NO NEED TO RUSH INTO PROPERTY ESPECIALLY IF YOU ARE NOT RICH. THIS IS A LOOOONG TERM INVESTMENT.
CASH IS KING AT THE MOMENT, WAIT FOR STOCK MARKET CRASH, YOUR RETURN WILL BE FASTER AND EASIER TO LIQUIDATE. JUST MY 2 CENTS WORTH.
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? this is certainly good news, though economy still down in the dumps. more tourists, more investments hopefully??
1st of all, i am a guy into real estates in penang island. not a UDA sales person, not a rich guy, not a speculator and i do not own any magic crystal that tells or shows the future.
if u read carefully what i hv written, i pick The Brezza coz of its location, location, location, and since i hv a lil' petty cash left, i am Betting on this project. its all a probability game.
i believe its FH soon, from the facts i gather, (even if its LH, it doesnt matter coz i m familiar with LH props, and i know what to do and what not to do)
no, i definitely hv no influence on getting the LH changing to FH title, i only focus on the RM330psf at present.
if the land title is such a big hoo haa to u, go ahead and make a decision that makes u zzz well every nite. thats what i truly believe in. follow not the flock of sheep that brings u to a cliff, but u never know, some may show u where the greener fields are.
to the guy/gal who is not rich, my personal opinion is to invest in completed properties, if u can buy with tenancy, the better, coz yr chances of some1 else paying yr rent is definitely higher or guaranteed compared to buying an incomplete prop having the risks of the developer not completing it, increasing the price due to material costs increasing, OC late obtained, etc... u really need to read up abt REs pros and cons b4 indulging in it.
we are expecting a 20-30% increase in BLR soon, whether it happens or not, be prepared.
i myself always envy those who get to buy high end props, but bear in mind, not every1 has the priviledge to pay cash. a mortgage loan may be very taxing to a person, and if u feel the pinch, i suggest u make a decision where u can zzz well. many a times i want to be like Robert K and Donald T over night, but i always remember rule no1, dun be greedy. all risks can turn both ways, profit or loss, so u hv to weigh the total burden yr shoulder can carry.
in short if u depend on rental to cover yr installments, maintenance etc... i suggest u read Robert Kiyosaki's books and get yrself in touch with a mentor in RE for proper guidance b4 u make this leap.
THIS GUY IS USING THE BLOG TO TALK UP THE PRICE SO THAT HE CAN UNLOAD IN THE FUTURE, BUYER BEWARE....
i really like the way u phrase yr sentence here. if i can make this come true, i wld definitely love to blog on E&O, IJM, Hunza & Ivory's website too.
VERY OFTEN, PEOPLE MAKE USE OF FORUM, CHAT ROOM TO MISLEAD MAN ON THE STREET INTO THEIR FAVOUR. IF YOU HAVE A ROOF OVER YOUR HEAD, NO NEED TO RUSH INTO PROPERTY ESPECIALLY IF YOU ARE NOT RICH. THIS IS A LOOOONG TERM INVESTMENT.
well said!! this is one of the few comments in this blog that makes sense.
greed works 2 ways. to me, it is a strong motivation, i work hard in getting my facts b4 making a decision. it makes me want more, but i play safe by not listening to speculators, i read and talk to reliable mentors.
CASH IS KING AT THE MOMENT, WAIT FOR STOCK MARKET CRASH, YOUR RETURN WILL BE FASTER AND EASIER TO LIQUIDATE. JUST MY 2 CENTS WORTH.
aha... well said again, the shortest way to success is to get yr facts right, then u can invest in REs, stocks, Forex, commodities etc... pick one, and be really good at it. jack of all traits master of none. Robert K is jack of all traits, master of all, coz he reads, he spends time with mentors, he is NOT greedy, and he is an investor. any1 of us can be like him, by taking the 1st step, its the start of a journey to a thousand miles.
heritage site indeed is an added advantage. when retirees search online for heritage countries, penang state will pop up, thus increases the probability of them signing up in the MM2H program. prop prices in pg island is mainly affected and speculated by foreign buyers. u may think 500k condo 1k sf seaview is expensive, to pounds and USD earners, its reasonable.
i believe luck comes with a lil' hard work.
well said, penangboy. i think you are a lateral thinker. nothing is 100% good or bad. to be able to weight the pros and cons of buying a property objectively and not to be greedy takes some maturity.
i am no property investor and in fact got no money to buy anything for now, with a landed in tgbg and RH. but brezza and surin seems like logical choices. expensive, no doubt, for locals but cheap for overseas people. most of us are just looking for place to live and earn a living. worth while considering this porperty, the surrounding areas are quite prestigious.
Well done guys and thanks for all the +ve and -ve comments that opens my mind on RE.
This is my very first comment in this blog and my vote goes to the +ve side. Another unit sold!
I have not done that much analysis but like what was mentioned, the location draws most of my attention.
I went to the site yesterday afternoon, spoke to two guys (seems to be the site supervisors) and they have reassured me on the strength of UDA and they have no worries on whether the project will be hold whatsoever. They told me UDA is own by the the Ministry of Finance. How true is this?
By the way, any recommendation on which are the must-approach banks for morgage for this project?
Yes. I totally agree with the +ve point above. I bought one unit also, because I believe the location is just fantastic, as Tesco is opening there...
I got Affin bank, free legal fees and BLR -2% whole tenure, but it's almost the same from other banks also. The only good thing (for some people), is the tenure can be very very long, up until 75 years old. And it has got Capping of MAX 10% BLR. I am still looking for other better bank loans...
Don't know MOF got any shares in UDA or not, but I do know that, they have quite a a number of projects in whole Malaysia, and the projects in KL mostly fully sold out.
I visited a forum, talking about their project in KL "Gaya Bangsar", name a bit lame, but it's fully sold out and people are lining up when they did their launching.. price raise during the launching... :)
So I believe the UDA are going strong, with their recent successfull projects.
Hi, I am keen to purchase a unit at The Brezza. Still undecided which unit to take. Wondering if any of you can help to comment on the pros and cons of block A & B, and differents unit type, in term of view, sunrise/sunset, price/value.
Many thanks.
Block A are mostly sea view, you can have a choice of Tanjung Tokong sea view or the Gurney Drive sea view. I think block A you can enjoy the sunrise.
As for block B, you can have city view, look at the mount eskine and the botanical garden.... Block B should be sunset kua... :)
Thanks AnotherBrezzaOwner,
i agree that the rates offer by many banks are about there.. i'm considering either PB or OCBC as both offer me up to BLR-2.2% on non-zero cost as i'll be using my own legal for the loan.
Hi dennis,
Block A is facing morning sun and the units that are facing gurney will be away from direct morning sun while the side facing tj bungah will have direct morning sunlight.
it is vise versa for block B
Thanks for the advices. I aware that the intermediate (all 7 in a row) of Block B are facing the sunset. However, i was informed by the UDA sale that both the corner unit (1450sf one) are both free from morning and evening sun. Is that true? They claim the Block B corner unit views to be magnificiant, bcs of living hall side windows can see the gurney seaview, while the balcony & masterbedroom can view Bagan Ajam seaview, and the other bedrooms side windows are viewing the batu ferringgi seaview. Sound too good to be true, but it seem quite real to me (i was at the sale office to check out their orientation thru models)... Just afraid if i missed out anything....Many thx.
I booked a unit. But I am worried after 1 year of occupation, UDA said after 1 year, they will handover the management to the resident. Sometime self-management can turn out to be nightmare. Or can be better too. Some people said ground sinking problem, well the building is not sitting on the ground, it sits on piles that go a long way to the underground, say 30 to 50 m. Sinking may happen on drive ways, which is not sitting on piles, therefore need simple maintenance only. E&O also on lease hold land and they got the approval for free hold now, UDA is making the same appilcation. BUT has UDA completed any condominuim projects before??
A few concerns need clarification. If anyone of you have the details, appreciate your sharing.
1. Security system: how many tiers of security available? (Main entrance? Lobby? Card activated lift system etc)
2. Will there be any main lobby, or owner/anybody can access any parcel direct from car park to the desired level?
I learn that UDA holding is 51% owned by khazanah, which as they claimed to be 'own' by ministry of finance. I not concerns about its’ finance & political background, but I am concerned about transparency issue when it comes to tender of contract/work. It could be a factor that determine the workmanship and quality of overall project (i.e. facilities & specification). Does anyone have anything to comments on this?
Since Apr'2007, ministry of housing introduce new Act to allow high rise resident to form Joint Management Committee (JMC). Before this, the resident can only form Resident Associate (RA), which have to appeal their requests to developer who dominated the management of the property before Strata title obtained. With new act, residents is empowered and authorized by MOH into all the decision making about running the condo(including accounting), and the developer is compulsory to have representative in the JMC to join manage the property. The developer are still responsible to run the maintenance work until strata title ready, but they no longer own the board.
Dear All,
Wah, looks like this Breeza blog is more like a war of words.
Actually, I was looking at this project since early this year.
I have some comments but I think I'm gonna keep it to myself or else I'm gonna be shoot to pieces.
DL
Not war lah, everyone is only saying out what they feel. Some might be a bit over reacting, but it doesn't matter, the most important thing is information sharing. Thank you all for sharing your info and your experience, I hope we can continue to share more info here.
Cheers. :)
I heard masmeyer dev. sdn.bhd. have a parcel of land btw uda & E&O site. Wondering if anyone have any further details abt the development surrounding the Breeza project? Definitly a nightmare if suddenly another high rise condos build surrounding the breeza.
all, Brezza was never in my intention a proj to invest. Just dropped by the fair on Sun. Brezza caught my attention. I asked a few questions and registered the landed ones but I have a few bewilderments.
So many buyers/ non-buyers talked about this proj up there. Good and no good, why did Uda launched blk A first since B has so many negative points vs A. B is seeing sunset, facing town except corner units (Uda sales person told me too), ....I really could not comprehend the logic? finally i saw an empty land in front of Blk A. Uda said that is for semi-d/landed use.
If it is true mesmeyr developer owned part of it,then Blk A view will be gone and that explained why A was launched first. If I were Uda director, I would launch blk B first. Anyway this is a least hold, $345k and above is certainly an expensive range. Location , location and location just like one of the buyer mentioned above is dependant of individual. If i work in B.lepas, i will not even think of brezza but putra place, b.emas, marine place...etc.
I read with amusement on the comments that have been coming in strongly over the past week, since this blog used to be so dead.
I think the issues of location and leasehold status are secondary compared to the completion risk that is involved. Surin, which is developed by Bolton, a far stronger company than UDA is already facing difficulties in starting on schedule. The price hike of raw materials is affecting all companies even the strong ones like SP Setia and Mah Sing.
Lets just hope UDA, a far less stronger player with limited track record in luxury condo will be able to make it thru this tough times.
Hi Senior,
The parcel ahead of Block A is Simfonia, 3 storey super-link courtyard homes, 100% sold out, so not a issue anymore. In fact, you might be looking at their phase 2 landed property. The Masmeyer land I mentioned earlier (JV with UDA indeed) is right after the Simfonia, small parcel of land, Masmeyer proposed either Semi-D or super-condo. Nothing been approved by UDA yet. This is my last concern after consider other well discussed factors (tsunami-once in a lifetime, refilled land-E&O and Bayan Mutiara sell better than anywhere else, leased hold-just a matter of time to FH, workmanship-improving, completion on time- UDA has long history and good track record of completion, and fail in one project cost more then absord the cost increment).
I are none Penang local, and many of us are very impressed visited Seri Tanjung Pinang. Friend of my work for E&O confirmed TESCO has signed MOU to have their outlet here, and E&O will continue developing their island homes in coming phase (upcoming 10-15 yrs project, keep the township growing momentum on-going). Personally, I think a good location is about convenience, growth/development, neighbourhood and many others factors.
I also cannot understand the rationale behind UDA selling block A before block B. Could it be demand generation? (i.e. only certain BayWater sections are nice, but all sell like hotcake once gained momentum). My 2cents worth: the Breeza could have that once FH obtained (provided without super-condo block all my view la)....
Price hike certainly erode into profit margin of any developer of any scale, but for the scale of Bolton or UDA, it shouldn't be an issue to suspend/abandon project bcs they are bulks buyers and established long term relationship with main supplier or direct from factory or import. And there are many strategy available to improve the profit margin on later phase of sale.
The delay for most projects COULD be due to time wasted for contractors to re-evaluate the market environment before they can have a revised tender or VO... this really take time, and without this done, most contractor would rather lost their performance bond (5%) than lose 20-30% in later day due to increasing cost of raw mat. It's challenging for developer to get right people to work with the right price, but too much of risk for any contractor to bear without cautious re-planning. Schedule delay is common during turbulent period. So, be patient and have faith. Life is short after all.
I think I am not concern about whether the project can be completed in time or not, as I believe UDA is strong enough to deliver it.
But I am very very worry about what senior says, there could be a super condo build by Masmeyer in front, that will totally block the nice sea view of Brezza which will really affect the rental/selling price of Brezza.....
This worries me very very much. Anyone got more information here?? Please share with us.
Those of you interested can call up Masmeyer for futher "probing", if they ever entertain ur call. Hope to hear good news from you soon.
http://directory.malaysia-index.com/Detailed/1188.html
I went to UDA just now, speaking with the sales person, she confirmed that the piece of land in front of Brezza is belongs to UDA, and join venture with Masmeyer. She said, the UDA management will have the rights to say which project to be developed on that piece of land. So far Masmeyer had submited the Semi-D project, and haven't approved by UDA yet.
I also went to Masmeyer office at Kinta Lane just now, the admin staff confirmed that they have plans to develope that piece of land, so far submiting mixture of plans, inclusive of Semi-D and condo (!!!), but hasn't been approve by UDA, she says both party has to agree on the plan, then only the project can be started, she also says, this project will not be so soon, it should be at least 5-6 years before it starts.
The UDA sales person also mention about FH, she says actually it's going to be approved, but due to change of gorvernment, the approval is delay a bit, they submited this more than 1 year ago. She said the FH is not only for Brezza, but for all the landed property surrounding it, inclusive "Simfonia" and all those shop lots, basically that whole piece of UDA land.
What do you all think ?????
This Brezza will be blocked by new condo or not?
Thx for clarification for visiting Masmeyer, bravo!!! UDA marketing personal reassure me abt the FH, but their words about condo is not as firm as i wish. As u said, both UDA & Masmeyer have to reach a consensus abt the condo. We, owners, as a whole can make a difference by having the UDA management fully aware abt our concerns when it comes to decision making. Remember, I’m referring to UDA marketing & project management, shouting at the sale person on the phone won’t help.
Hi everyone, this is actually a site map for UDA's project at Tanjung Tokong. I actually "curi" the map from Sri Tanjung project, and just simply add on the UDA project, bad drawing, sorry....
http://www.flickr.com/photos/28622660@N04/2670697108/
What do you guys think?
TESCO confirmed to take up the triangle land. The future condo beside the Breeza... UDA say have been re-planned, but i being skeptical as no details provided. The land beside PORR is the JV btw Masmeyer & UDA. I also pay attention to the goverment reserve land as they can block tanjung tokong seaview, but so far E&O also haven't receive any update from gov.
I heard masmeyer dev. sdn.bhd. have a parcel of land btw uda & E&O site. Wondering if anyone have any further details abt the development surrounding the Breeza project? Definitly a nightmare if suddenly another high rise condos build surrounding the breeza.
IF YOU WANT TO BE VERY SURE, BUY THE SUITES AT WATERSIDE.
Latest approved layout plan for this piece of UDA land, with all type of development details, available from MPPP, but not easy to get.
JPBD/PG/P2/PB-0039
If you look at the sitemap plan carefully, there is a 28 storey apartment coming right up beside Brezza. Of course Brezza sales people will deny it cos who will buy if there is another apartment coming up beside it which is even higher than Brezza.
Also beside this apartment, is a BIG Surau(mosque). Just look at the mosque size.....its so near the Brezza !!!
I was considering Brezza until I stumbled upon this. Also not certain is the Masmayer land issue.
But I like the Brezza, its nice. Just that the issues above stop me from booking one. Just sharing info.
Thanks so much for the +ve & -ve inputs. Fully aware of those speculative issues, finally make up my mind to secure a unit at Block B. Another lady also booked another unit at block B too. With a little more faith, everything should just be fine.
I really solute the expertise of you guys supplied us with. This is the only blog so far I browsed through that discuss facts with proof unlike the spring, platino,..etc.
If we look at the sitemap (http://www.flickr.com/photos/28622660@N04/2670697108) the brezza is situated in the inner pocket of the whole plan. There are chances future condo may be built in front of it. Never trust any verbal assuarance without having it documented. Sales can say flowery promises but at the end buyers are the victims.
dear senior,
u can back up all your claims with well documented proof but things can still screw up la.. oasis for instance. moral of the story, if you are unsure, dun buy. if the developer has too many undisclosed plans, just forget it.
The blog is filled more with -ve than +ve. To all owners of the Brezza, don't feel bad, it is a double side sword. UDA management (forget the sale talks) in actual is revising the layout plan, especially the high rise. If u refer to their sale office artist impression plan (1st version, date back 8 yrs ago???), there are 4 high rise condo (8 blocks??), but their 2nd revision only left with 3 condo (as our dear friend pointed out JPBD/pg.....). A condo has been revised to Simfonia phase 2 semi-D and ready for sale soon.
The thing is while UDA & masmeyer management is revising their plan, their decision is very much dependent on market & sale condition. If you pay close attention to their current sale, it just ok only (below 40%). If sale keep slow moving after many –ve sentiments spread around, it won't surprise me all 2 other condo eventually turn into semi-D (high demand for Simfonia I & II). Call me optimistic, end of the day, it MAY leave the Brezza stand alone surrounded by all prestigious low rise neighbourhood. Not too bad after all right. Just my 2cents wort after all.
anyone into FENG SHUI, please consult your master regarding the river.
curious
Be mature guys... your worries lack proper research and understanding which contributes to unnecessary worries for potential buyers.
UDA not famous in Penang, but they are in KL/Selangor.. go do your research.
Release block A or B first who cares... buyers must think wisely which they prefer... again, do researches on some geography.
Free or lease hold who cares... location is important.
View? Got view or no view.... why landed property so expensive butthey dont have any views. So depends on what u prefer..
Masmeyer?? Surely not a big developer. Weird name and never heard of it.
Release block A or B first who cares...
YOU REALLY DONT CARE?
Free or lease hold who cares...
YOU ARE GOOD, TWO THUMBS UPSIDE DOWN.
location is important.
THIS IS ALL YOU KNOW?
View? Got view or no view....
TRY SELLING A UNIT FACING CAR PARK...
PENANGBOYZ
Hi, no offence, but really FH or LH is not so imporatnt to me, if Brezza got FH in future, that will be a plus point. $$ value will goes up.... :)
To my opinion, i think Brezza's location is very good, that's why i am interested.
"View" for me is quite important, if we buy Brezza for investment, as this will really affect the value. But if for own stay, then it is up to the owner's point of view.
So everyone still holding their horse on this Brezza project? Or there are already people paid the 10% and sign the S&P and loan ??
As for me, I am waiting for my loan approval, and hoping to hear more opinions or UDA/Brezza related news from all of you.
all i can see here is a bunch of unsure ppl trying to convince each other to support the project. Some are even trying to sell the opinion that freehold is no difference with leasehold. This can only mean one thing. There is lack of confidence and uncertainty. Everyone is hoping to move ahead together but not willing to make the first move.
Well, i guess its better to be cautious during these hard times rather than be sorry.
A very simple ground rule if one were to think of investing.
Investment involves risk taking. The bigger the risk, the bigger the return if it turns out well and of coz it can be vise versa.
LH to FH, new condos that will block views, market slowing down, UDA weaker than Bolton (which i think the other way round) ..etc are all the risks mentioned...
It's healthy to have both +ve and -ve comments..if you were to look through the spring blogs, that's the worst mid-range condo project in town before the launch.. so what happened during the launch?
Don't worry guys, both +ve and -ve
parties still stand a chance to pity or envy each other later on..
Mr Penangboyz aka CAPSLOCK...
Who cares what others(esp. YOU!) think? People buy for various reasons. If I need to face the carpark, so what? At least the house will be bright and far better than face a very dark and lonely hill (because i hate darkness) -- so you see, different form me compared to others. If you hate it so much, WHY KEEP COMING BACK?????????
I'm buying one. Whatever they face, cos I work and travel most times view does not matter. Rather go for a drive up Bt Feringhi to enjoy the real BEACH.
I believe there are a few purchasers of other condos are commenting here especially those who have bought Surin.
Thanks for your valuable comments! But we will still stay put with our decision on Brezza which i still think is much better than Surin.
I heard someone commenting about Bolton delaying the Surin kick off schedule as per below. Pls have yourself updated. Brezza's pilling have started months ago with 30 or less more piling concrete to go before the structure will be up. In the next few months you will be able to see a structure up already. UDA is owned partially by Khazanah. Pls do your homework before putting a statement.
""I think the issues of location and leasehold status are secondary compared to the completion risk that is involved. Surin, which is developed by Bolton, a far stronger company than UDA is already facing difficulties in starting on schedule. The price hike of raw materials is affecting all companies even the strong ones like SP Setia and Mah Sing.
Lets just hope UDA, a far less stronger player with limited track record in luxury condo will be able to make it thru this tough times""
to the dude above..if u have a problem in comprehending english, its not too late to learn. The earlier post by gigi was talking abt bolton delaying surin. What does UDA piling months ago have anything to do with that statement?
If u wanna gauge Brezza's completion rate, go compare it against Surin and Summer Place who have just began. Then u will c who is fast and who is slow...
Just received letter from UDA, I am going to sign the S&P soon. I have decided, I will sign it. Thank you Mr CAPS Lock for all the precious -ve comment. I have read and digest and made up my mind.
Let's don't compare who fast or who slow in building the condo.. let's just hope that all the condo's currently in progress, can be finished in time, and with quality material and workmanship. Pray .... Then everyone happy... :)
Dear kk-lee,
sorry if i have hurt your fellow compatriot. From the start, i don't hope to engage with any words of war and i hope to end it after this.
If YOU are trying to defend someone, do it nicely with facts and figures. These are what most of us are doing here.
YOU said "if u have a problem in comprehending english, its not too late to learn." I take it as a personal insult. Only imature blogger post this kind of comment in this kind of property blog.
So YOU think i have problem understanding ppl's comment. Then for YOU, i'm kind enough to take extra mile to explain what i've inteprated and commented. I hope YOU, the GENIUS understand my poor english!
When one is making a comparison on which are the weaker developers or projects, look at the facts now.
Surin by Bolton - Construction kick off delay from one month to another. Still a plain piece of fenced land.
Brezza by UDA - Construction started and still running with piling of Block A almost completed. There isn't any delay and empty promises just yet!
Above are facts. So which project is having problem at the moment? When i'm telling YOU piling has taken place, i'm giving YOU facts and i do not understand why YOUR compatriot was giving such a judgement that sounds like "If Bolton is having a tough time, UDA which is lousier will be even worst, haha"
So, GENIUS, do you understand now? One more point to be added on YOUR statement on completion rate. My question: Is there anything for us to gauge now? SURIN - hoping they are starting the construction by now, with Brezza - already started without any known delay just yet. YOU have just started warming up the engine and YOU're telling us, YOU'll be faster. Give us FACTS and FIGURES with the current status. Never assume!
I've never denied things may change to favour you on the completion rate in the next 1 to 2 years. If this really happens by then, i won't come and boast UDA is stronger than Bolton. Like what YOUR compatriot was doing.
Sorry, this will be my last msg for this topic as i wouldn't want to involve further in this childish debate as i believe it will not end after YOU punch in your next msg. Sigh .. childish!
relax la bro. all yur english so powderful so maybe understand each other lo.. :)dun compare dun compare ok? cool down..relax and drink more water. if not get old easily :)
Ya, cool down my friend, not so worth it when your blood pressure raised higher because of some blogger's reckless comment. Relax.....
ya la compare for what. two projects also ma-ma tei... look at IJM projects la..nobody worried about completion and saleability risk. cheers
anon-ny-mus
i have a few chat with the Uda sales personnel on Free hold status. they are undecided whether going to charge the "premium" to buyers or they are going to absorb it. I give my opinion for them to tell buyers roughly how much each unit owner need to pay to convert to free hold.
in land office search records, the land is already free hold. waiting for uda to pay for the land conversion fees. That's why when sign S&P, the state government doesn't need to sign with buyer anymore. only uda sign with us. there is no Tri-party agreement anymore
pls send me email alvincheah@hotmail.com if want to discuss.
Maybe we have different source of info, the marketing & project management told me those who signed will not pay for the freehold premium, only applicable to new buyer. Sale personel further added the price change depand on sale performance & economic climate(not necessary, but likely) once FH obtained,price increment should follow suite soon.
Can any buyer advise how many assigned legal firms under this project, who are they and are we free to choose?
I'm not aware they have if they have more than one. When i book, they din offer me 'Rusman Ida & Taryna' as the legal solicitor to entitle for their free S&P. Since I take zero entry cost, so i din query any further.
Mine is Agusti Ismail & Karu, and I have to pay RM240 for the fees. Is everyone paying the same?
So people who signed earlier will benefit from paying the FH premium???
Hmm, I guess I better fast fast go and sign....
eventhough we have to apply for free hold our own, with 300+ unit
one that piece of land....
i estimate, probably each owner need to folk out RM10,000 max.
RM3,000,000 to let the state government convert our land to free hold should be more than enough with the lease hold land with 94 years to go....
can discuss by sending me email alvincheah@hotmail.com
I really don't want to pay any extra to convert into FH.....
Just signed the S&P, the lawyer told me, the FH already approved, and is waiting for UDA to clear the payment. And the lawyer confirm that, the extra cost only apply to new buyer, those who signed the S&P will no need to pay extra.
Another thing that border me is the maintenace cost, i just get to know from the lawyer, the maintence is now RM0.24 cents for a sqf. Previously i thought it was RM0.20 per sqf??? It's a almost 25% increase ..... I haven't clarify this with the UDA sales person.
wow its great to be back in penang. being away for 2weeks, so much difference in penang, (weather and this site!)
it seems we hv more bloggers lately, comments from both sides.
in purchasing an imcompleted property, bear in mind there's always risks involved, there goes the saying, no risks no gains.
i visited Bertam, HQ of UDA Land (NORTH)
it seems we hv a lot of speculation in the blog, we had a good laugh when we discussed abt what we read in the blog here. kudos to those who did their homework!!
to those who plan to buy, or hv bought but still hv lots of doubts abt the future in The Brezza or its future developments, let me share what i gathered from my visit.
the land title is still LH at present. (i stand by what i mentioned earlier on 9th july, that the land will eventually be converted to FH. based on general knowledge and basic real estate instincts, FH title is inevitable for this mixed development.
for those who are worried about the land title, just relax, i am sure the developer will do whats best for everyone, including themselves.
for the sceptics, like what i mentioned b4, make a decision that will make u zzz well in the night. missing this little opportunity is not the end of the world, its just a lesson well learned, i am certain there's future opportunities where you will benefit from.
i truly believe tht at present economic and political conditions when only the strong developers will deliver what they promised.
Penangboy, u mean Brezza can't be coverted to Freehold ?? Oh dear !!
I believe PenangBoy meant to say that it will be converted to freehold. Its just a matter of time.
Very disturbing after the discussion with one of PDC senior management... Although they are not part of the Brezza, but their unbiased point of view worth some thoughts. Their sharing also covered IJM upcming projects, but unrelated here.
When we discussed about the Brezza, hereby I quote their words: "time will tell if UDA is fit enough to prosper in the penang high-rise market”. Very reserved attitude.
After all, UDA is new in Penang (apart from their low cost flat projects in Tanjung Tokong years back), especially in the medium-high high-rise property. I am not aware if they have any signature or reputable luxury high-rise condo projec in KL (not saying they don't have, just I cannot name one).
Less to concerns about completion and sale performance, but overall quality is an "unknown factor" and need to be proven. Project management team background is crucial, must be well equipped with med-high high-rise development experience, the project management cannot be just a “turn key” solution from landed to high rise development.
I own a unit of the Brezza and I hope the Brezza can live up to expectation. Please refer to IJM and Hunza history in Penang, they are selling like hotcakes, highly sought after even far before launching, mainly due to their good past track records and successful delivery of quality condo products. If UDA is serious to grow in Penang and more high-rise projects in their upcoming roadmap, the Brezza is certainly a crucial stepping stone and a good reference to UDA future Penang buyers. Paying close attention to the purchaser demography certainly worth the efforts and save them from lots of headache. After all, Penang is relatively small. The purchasers are both very informative and demanding. I guess most of us will not settle to less than what we have paid for, and quality must be in par with the market standard.
Dear owners, potential buyers, market experts..
I was at the I-Property expo last week in KL where Brezza was one of the exhibitors. Is it true that the PORR will cut across between Brezza and the landed property just next to the sea? this was informed to me by the sales person there when i enquired about the future plans on the surrounding development.
As much as I am against the PORR project, what if it really takes off? Is it really true from the initial PORR plan to have the highway cut through the Tanjung Sri Pinang area?
I wouldn't wanna live next to a traffic dispersal highway!
Pls confirm!
Confirmed. The initial PORR plan did cut thru between Sri Tanjung Penang project and Brezza. If you are interested in Brezza, then I think you don't have to worry so much, as the PORR will be a bit further, 1 road and 2-4 rows of 3 storys landed property away from Brezza.
If you are interested in E&O landed house, just make sure you don't buy the last row of the house. :)
I went to UDA sales office and the site the other day, spoken to the sales person Yunos, he is very kind to show me the initial plan for development surrounding Brezza, and he is very confirm that, no high rise will be build in front of Brezza, as the plan shows that, the land that UDA joint venture with Mesmeyer, is actually 3 storeys terrace house (as shown in the plan). I find that this Yunos is very helpful, and he sounds honest and convincing. He even ask me to go to the Architect firm, Azza architect firm at Imigresen road (if i am not mistaken), to check for the exact materials that is in use, kind of tiles, and materials and what kind of facilities we have ...
He even show me the documents for applying for freehold, it was apply since year 2006. :)
I am happy for a sales person like Yunos.
I share the very same experience with you about Encik Yunus. Very sincere attitude of him, and so far still render good after sale service.
PORR, is a big plus point to me bcs I can't imagine having to travel to penang bridge daily without a express way connected to my home.
Regarding the surrounding development with landed property (instead of high-rise), I hope UDA and masmeyer can finalize their plan soon (with council approval) and make it official.
Over the weekend, at Gurney Plaza. They had a booth there. The sales personnel sucks. I do hope that if they would want some people to part with RM300-400K. They would do things more pofessionally. According to the sales person the 3-storey link houses are SOLD OUT. Can somebody confirmt his????
well, try asking: WHAT IS THE PSF PRICE? not many can answer you...keke...
PSF? can i know wat the full sentence? Sory:p
The sales person from Uda?? Ya lor b4 also got comments about sales person... like sucks not professional..
I stay near there, but that i know the 3 storey link houses not many ppl stay..
To expensive.. Still got alot of unit..They lie to you..
If you go around there you can have a look, juz a few houses got ppl stay.. At nite very dangerous if gal walk alone..Got guard house but the guard is from Nepal..
The 3 storey link home at Seri Tanjung Pinang there, belong to E&O, fully sold out (last one sold at RM95xk, cannot remember the details). Uda 3 storey super link homes (simfonia phase 1), sold out too (around 8xxk), but not even build yet. Simfonia phase 2 soft launching pretty soon.
I would say the most of the sale person (certainly not all) there are less equipped with project information and necessary general knowledge of property market. I can’t feel their passion in selling me the property or answering my question. I have voice out this to UDA some times ago (I am a loyal owner), but seem not much improvement though.
PSF = per square feet. Take the house price (deduct the extra attached car park if any) and divided by the net area (converted to square feet if in meter square by times 10.765)
Block A psf price is around RM330, while block B is around RM310.
Personal thinking, this project is significantly undervalued. Just that the sale team is under performing, isn’t that a good opportunity for wise buyers? Do your own study of the whole area there, visit E&O and understand their whole development. Your hard efforts will be pay off!
Lastly, am I sound like a sour grape just bcs I cannot afford one of the landed property there? Hope im not.
If you are interested about this project, just go to the Brezza sales office, look for Mr Yunus, I am sure he will provide you with a satisfied service. You can look at the big development plan in the sales office as well. Don't let the unprofessional sales person stop you from investing in a potential property. Find out more from the sales office, and decide it yourself.
the landed property wthin the UDA range of products. Sold out according to the UDA STAFF. Anyone heard of it?
Ya, simfonia phase 1, launched and sold out. Simfonia phase 2 to be launched soon, price not fixed yet as of early august. Guess they might launch it around sept.
Ya, I got booked a unit when soft launch at price 820,600.
According to UDA Land, phase 2 Simfonia new price will increased 10% - 15% at 900K and above.
Where is the Brezza Sales Office? Any contact number? I'm interested to know more.
Sale office at Fettes Park and regional headoffice at Bertam.
Contact number 04-8909566
Look for mr. yunus. He is kind & helpful.
This project does not show face in the recent Star property fair in PG, and from the comments (above) towards the sales person, It looks like the marketing is not trying to push this project leh... I wonder why?
Is it bcos of the FH title? I see people are talking about the FH title above. So UDA plan to push hard, with increased selling price, after they got the FH title?
Or this is actually their usual practice, tidak apa on all their projects, you want you buy ....
I think they may turn aggresive on sale once FH obtained and show unit ready. My last visit during Aug/end, they plan to have mock unit (real block A unit) ready by Jan-Feb 2009.
I got a friend who bought one unit, just had tim sum with him, he said he just received the stamped S&P thru courier.
He bought this for investment purpose, hope to get a good rent when it's ready. What do you guys think about the rental for this condo? Good?
Will the rental similar to the Tanjung Park rental? Currently is Tanjung park easy to rent out? Still a lot of empty unit left in Tanjung Park??
I wonder is there a lot of people will rent this kind of condo? If they are able to rent it 1000-2000 a month, don't you think they might as well buy it????
With reference to the latest "the Edge" 2008 2Q property monitoring report, only apply for condo with 3 bedrooms at Tanjong Tokong & Tanjung bungah both ranked 2nd in term of rental after those property at cantonment road. Batu ferrigi rank 4th and Island Park/Glades 5th. Batu Uban ranked last.
In term of purchase, Cantonment road 1st, Tanjong tokong 2nd, TB 3rd, BF 4th, IP/G 4th and BU again last.
Pricing/ranking vary for landed property.
Get this from the Baystar Blog.... is this true??? Brezza can not get freehold??
From The sun on thursday 9th Oct?
"Any subsequent attempt by the state to re-alienate or convert any part of the foreshore or sea-bed to freehold, notwithstanding that the foreshore or sea-bed have now been reclaimed, would tantamount to a circumvention of the prohibition in section 76 and hence be ultra vires the NLC."
"The law says it very clear. It is on record that you cannot make such land freehold."
"If you allow seafront to be freehold, what would happen to open public access to that area?"
I also read that.. Its true? That mean all the reclaimed land will be lease hold only..
penangboy
frens... like i said earlier, if u hv doubt in anything, dun do it. if u feel that buying the brezza brings stress to u, or if there's uncertainty, dun purchase.
play a wait and see game, no harm, go for the secondary market when the units are being resold after OC.
or, wait for other new projects with FH title, if the title means so much to u.
my believe is, always make a decision that makes u zzz well at night. once it brings doubt to u, dun do it.
cash is king, i hv to agree with some bloggers here, so dun rush into things which u are not certain of.
Thank for your advise.. Thats true.. Now alot of project coming up but we dont know which is can give us freedom n happily.. Must check b4 buying a new project.
http://www.apartment-penang.com/2008/10/penang-will-not-convert-reclaimed-land.html
wah die liao..cannot convert then how? sell so high price d...
This is 1 of my targeted project..but too bad...it's lease hold...
FORGET IT...
There are much better projects out there for me...
It is amazing how some people can mislead others to believe that HE got very RELIABLE INFO that this project will be converted to freehold. I wonder where is he hiding now?
Not worth it buy property under lease hold... we want freehold coz make you more freedom.
Price also high but still lease hold thats mean that property we buy not 100% our own property..
i was looking abt getting a unit as well. The only reason i didnt go for breeza is that certain units are given 2 carparks while certain units are 1 carpark. Buyers would have to choose higher floors & bigger units to get 2 carparks so this is quite disappointing. However in terms of buying to rent it then its worth considering. :)
penangboy
nobody is hiding, mr caps.
wait and see.
in blogs like this, we come across ppl from all kinds of background. indeed it is very interesting to read the comments here from everyone.
if u are a buyer, do yr own search for knowledge and details b4 commiting to any property. dun just listen to what ppl say or what u read.
having this attitude, u will definitely see -ve profits when u invest in stocks.
if u are just a blogger who has nothing much to do, or who just want to write smart comments in sites like this, go ahead. i am sure the owners of the brezza will only read and realise how childish yr comments are.
lets understand the status of the land where brezza is going to be built.
it is leased hold at present time, so buy it if u like it, dun buy it if u think the title takes away yr freedom?
if it gets the conversion into freehold in the near future, buy it if u like it, dun buy it if u feel having a freehold title is not good enough as it is still standing on a reclaimed land?
CM said no FH conversion for LH reclaimed lands in penang. IJM, PDC etc... do u think they will hv to restrategize to sell their properties?
do u think buyers will now change their minds or pull out since they cant get FH title?
i feel a bit pai seh when i read the comments from those ppl who end up not buying and giving all sorts of -ve comments. makes them look like sour grapes.
there are so many properties out there that i want to buy but cant, simple reason: i dun hv cash to splurt on them.
at the end of the day, it comes down to what u can afford, isnt it?
buying a property on plan, i dare to say most of the time the owner makes $ when he chooses to sell when ready.
i get comments like, the unit is too small, the car park is ugly, the pool is too shallow, the management is lame, etc...blah blah blah.
personally, if u dun like it, or cant afford to buy it, keep yr comments to yrself.
quoted : leased hold & reclaimed land, putra marine, the owners are laughing till their teeth falling out, rental rm5k, if sell, can make 40% profit.
ladies and gentlemen... if u feel the brezza is worth investing in, go ahead. if u feel its a bad investment (LH, reclaimed land, bad sales staffs, let me add the ones that u left out,
1) possible view obstructed by e&o condos, uda 2nd 3rd 4th phases.
2) possible chance of developer going bust and not completing the project
3) possible inflation and increase of material therefore construction cost increases, then the developer has to ask the owners to pay a high price for the purchased units
4) possible tsunami hit again and the brezza is affected since its on a tsunami area
5) possible property manager is not responsible and not reliable
6) possible world economy collapses, therefore banks are forced to revalue property prices and force owners to top up their mortgages since the property prices has been deflated.
7) possible chance of the appointed lawyers mess up yr SPA therefore yr property cant be sold or belongs to several owners.
did i miss out anything?)
if u feel its so messy and has so much uncertainty, pls keep yr cash in the bank.
u are happy, the bank is happy, the developer is happy, the owners are happy, i m happy.
you are welcome...
I planning own The Brezza either Surin in future.My purpose purchase are for invest.Any ideal with both luxury condo? :)
Surin increased price, Brezza will remain LEASEHOLD. neither are good for investment.
y r u bz defending if u have done no wrong, it is all too late if ppl have listen to you and sign on dotted line, what is the point of stating the -ve now.
since when am i selling the brezza thru this site? no one is paying any1 any commission my fren. trust me, very unlikely i will do something for free, esp to strangers.
i think u may hv a slight problem understanding english, i am not stating the -ve points of this development, i am giving u the probable scenarios that may happen in purchasing any umcompleted properties.
in short, if the purchaser feels there's risk in investing in the brezza, then dun. no use to blog in this site, with childish and unintelligent comments.
nobody is trying to be smart here, but at least write something useful, dun hv to convince ppl to buy, at least share yr views and teach some1 something good.
i am not leading any1 to make any decision. i am asking every1 to always talk to the right ppl, and find out more b4 indulging in such a commitment, not every makes $ from properties, dun always listen to all the sweet stories of ppl making a fortune here, there are many who lose money in this line too.
the law of economics, when some1 profits, some1 loses.
let me quote myself again, "dun buy if u are not confident of the development" simple as that.
"make a decision that allows u to zzz well every night"
thank you.
i agree with u, caps,
surin price increased, brezza leasehold, ijms leasehold, pdc also leasehold, all reclaim lands leasehold, all present properties increased price, ivory increased price, moonlight bay, island resort, times square, dun forget alila by hunza, infinity, paragon also uncompleted, but also increased price, good for sellers, bad for buyers.
gold coast all leasehold, also increased prices, bad for all buyers. dun buy!!
keep yr cash in the bank, since bank negara guarantees yr money for the next 2yrs.
i forgot to add, scroll up, u can see on the right side of the page, all upcoming projects, and existing projects, all increased price, some leasehold, some umcompleted, some new, but all increased price, all bad investment, dun buy!!
if u think leasehold and price increased umcompleted properties are not good investment, pls, dun buy. i agree.
let alone this site for brezza owners to chip in their ideas to make brezza a home when its completed. thank you.
if you scroll up to 9 july, I believed u said: "it is going to be FH soon, from the info I gather." u mislead all readers, for those who believed your story kenna HOLLANDED.
of course u agree with me. if you buy now, u will be doing the classic of buying HIGH and selling LOW. readers plse beware, this guy is putting up his property for sale while telling others to buy. just browse the blog u will know.
i am putting up my property for sale?
where? and when?
'kena hollanded'? lay men's term pls?
buy high sell low? since when i am asking ppl to practice this? quote me pls?
i am asking readers to get their facts right, b4 jumping into conclusion, dun get too excited from hearing from one party, do yr own research, buy if u are comfortable, dun buy if u hv doubts. that has always been my message here.
mr caps, uda land isnt giving any1 commission. and one thing for sure, at least i give some facts to ppl, not like yr 'surin increased price, brezza remain leashold. neither are god for investment'
do yr part in explaining and share some facts and ideas, it will definitely benefit readers and i.
looking forward to yr clarification and reasoning in investing in properties esp the brezza, surin etc... dun come back with a sentence.
every1 will be very happy to see yr comments here, esp if u share yr thoughts and ideas, elaborate them, avoid giving reasons like dun buy, bad investment, leasehold, reclaim land, explain yrself and benefit others.
thank you.
First off, allow me to say that I have bought this piece of property. I have heard a balance of +ve and -ve comments from my friends before going ahead with this purchase and I made the decision with a clear mind. I bought this place to live in though. It is my first property purchase and I by no means claim to know anything much about real estate.
I do believe that the main priority of this blog is to be informative to prospective buyers. Not a place for mud-slinging. Though the last few comments here have shown one party doing the slinging and the other graciously deflecting without a so much as a strand of hair being out of place.
Mr Caps, you have been nothing but personal in your comments and have failed to reference your statements.
I do think all readers value comments that are constructive and informative in nature and not merely just trying to negate someone else.
The Brezza may or may not meet our expectations at the end of the day. However, let's make this blog a conducive environment for constructive discussion on the property, its future potential and related issues.
Don't make this a tit-for-tat forum.
JD
surin increased their price, you as a agent do not know this? the brezza is still leasehold is the FACT. what is there to explain...
Why dont u explain where u get your reliable info about the brezza WILL BE FREEHOLD SOON?
i know that the prices has increased, quote me when i say i didnt?
reliable info i got from UDA LAND (NORTH) in Bertam HQ when i visited them.
mr caps, dun harp on this issue, simple theory, dun buy if u dun believe in LH title, or mayb u are interested to buy, since it may b converted to FH soon, thats y u keep coming back to this site.
if ur here to just put ppl down, no1 can stop u, but at least let the readers learn something from u, dun hv to be so sharp in yr comments.
at the end of the day, we are all from the same boat, under the same state rules, under the same government. every1 is trying to make their share of profit legally, real estate agents, real estate investors, bankers, lawyers, all related in this industry. so let us help each other in sharing our thoughts, our views, our statistics, our experiences and our concerns here.
I think Caps argument do not base on any facts, he just talk base on his own opinion, opinion without actual supporting facts.
I think if i remember correctly, Penangboy estimated the Brezza is going to be a Freehold, base on his experience in understanding the location and the area surrounding the Brezza, Sri
Tanjung already freehold, that land is newly reclaim, the land that Brezza is on, already reclaimed for don't know how many years, somemore the Brezza is in the middle freehold land. Hence, there is no valid reason why Brezza should not be a freehold.
And I believe, we buy any property, not bcos it is freehold or leasehold, just like if a freehold condo is located at a lousy location, very inconvenient place, will you buy it?? No right? So I believe, people buy the Brezza, is bcos of it's location. And I think, it's hard to find a new condo like Brezza with a price between 350k-500k in Tanjung Tokong area.
I believe, Brezza will increase the price in future. Currently I think the price is not moving due to no marketing from UDA, and mainly is due to they are trying their best to apply for Freehold.
I do hope they can successfully get a freehold, but if they don't, i still think Brezza is a good buy. Just my small small opinion, no offence. :)
Nothing is permenant , none of us can gaurantee how's the property in future ,before you decide to buy the property , you have to do homework you have to depend on you own , no matter the property( residential)for investment (renting) or own stay ,most important is NOT near to the main road or hawker center, facing the sunset or grave yard.
Agreed with statement above that, each of us should be responsible for our own decision, and those comments by others is for reference purpose at best, by no mean should have too much weight on our purchase and be held responsible.
Personally, location and potential of area growth are my first investment considerations, while maturity & structure of neighbourhood are important factors for residential purpose. Don't get me wrong, FH/LH is also a key factor, and it concerned me for a few days since the news break out, but Penang is not short of condo with LH status that command exceptional good sub-sale price than many other FH property… to name a few the Spring, Putra Place, Putra Marine …
To all owners of the Breeza, wondering have UDA made any progress claims to any of you? Thx.
Ya. 10% claim. Just received the letter recently, but bank not yet release the $$. Loan started.... sigh.... cry cry ....
Mr.Ex-in-none, can you advise me your email or contact number? There are some technical question would like to consult you regarding the content of the claim statement. Thanks.
you can email to me at ex_in_none@yahoo.com
Why so slow piling at brezza? already 9months but they cant complete the piling.. My frenz told me that they got prob the time piling coz that land they didnt check 1st got alot of rock.. before that land is seaside..
Hi, some update for Brezza.
The construction work has finish the piling and is progressing to body structure work.
This is the picture taken as of 14/11/2008.
http://www.flickr.com/photos/28622660@N04/
Also attach 2 lobby design for Brezza, what do you all feel good ? Bad? Comment please. :)
To all Brezza owner:
Please email to me at ex_in_none@yahoo.com, so we can unite together, and share information easily. It easier for us to discuss things or to do something good for Brezza together. What do you think guys?
Mr. Ex-in-none,
Thanks for your sharing. The photos looks very interesting. Hope it would materialized by UDA, that certainly would add value to the property overall, and also a booster for UDA reputation. Wondering if there would be any staff or security personel at the ground floor lobby? Surin claim they have it (3 tier security system). That's good for our family security isn't it?
If you form any email loop or volunteery discussion group, plz count me in. mykulufamily@gmail.com
I think we should have at least 2 tier security? Not sure about this loh, have to ask UDA about this.
Calling all Brezza owner, pls send your email address to me at ex_in_none@yahoo.com. Unite is power.
The Breeza already confirmed to be two tiers:
1. Main entrance security guard
2. Access Card activated elevator system
Indeed, not sure how to effectively implement the 3rd tier security. Surin claim their lobby are staffed, but if they also have multi-level car park structure, trespasser can access to their target unit without going thru the lobby staffs.
Many reputable condo in Taiwan implemented access card system (+ CCTV) for lobby entrance plus all entrance thru car park to cut down their staffing cost, proven more effective. Of course, this must be complemented with responsive security staffs at center control room.
The Brezza security system is in par with most others medium cost condo, but wondering if UDA willing to go extra mile to be outstanding?
In order for UDA to go the extra miles and do things more effectively, it will very much depends on all the owner, if we can unite and provide our group suggestion to UDA, i believe the developer will consider.....
Email to me at ex_in_none@yahoo.com, and we can form a discussion group specially for Brezza.
heard that this project already converted to freehold. anybody can confirm?
I just check with the sales people, the application to convert to Freehold still under process, not confirm yet. Where you get this news of "already converted" ??
TQ Ex-in-one for your concern. the news of the convertion to freehold was heard from one of the site supervisor when i visited the on going site on Monday nite. Even one of the project banker told me this. u can email me updates on the project at andrewchoy6328@gmail.com. Thank you
Sure I will Andrew. Hmmm.... how come the sales told me not yet. Could it be that the title is already obtained and they are on the way to increase the price, so don't want to announce yet?? If yes, that will be great. hahaha.
Dear All :
i have purchased the brezza 1250 sqft months ago. confirmed from public bank the land is already free hold..but in land office, pending conversion fees payment. the previous BN government already signed the approval. now pending UDA to pay the conversion fees and get the free hold title.what UDA plan to do is when state title is out, than they only paid the conversion fees. for existing owner, we don't need to pay for conversion fee anymore. the new buyer...may ahve to.so good luck to new buyer . pls make sure u ask UDA on this and check your S&P properly.if it is state land, we need to sign tri-party agreement. but, i only signed the S7P with UDA. this again prove that the land already free hold.but there is one risk. if UDA still want to keep the land. than the apartment is considered private lease. the S&P format for private lease is not so simple.....what we signed is very straigt forward..
pls send email to alvincheah@hotmail.com if u want to know further info..
TQ
TQ
they've made progress to 1 & 2nd floors already! i cant wait for the show unit to be ready for viewing!
Ya, site UDA staff informed me they are working on a mock unit but may ready only after CNY... although already i bought one, would love to see their workmanship and the actual products...
just passed by brezza just now, work is ongoing on x'mas day also... i'm more excited!!!
Breeza is having booth at Queenbay yesterday. Above 5th floor, all gurney view units of block A and corner units of block B that facing Gunung Jerai sold out. Majority of Block B intermediate unit still available. Guess the FH and the show house would significantly boost the sale.
Again, you see the booth, but twice i passed by the booth, only saw the citibank staff... wondering when UDA going to address this HR issue...
Infront of The Brezza is Tesco.Behind of The Brezza landed already stop because some issue with their contractor,if not mistaken still court case.The Brezza contractor is Carmelita.100% bumi Development and 100% bumi contractor.
_real_info_
In front of Brezza is Tesco?? Which side? I know between the E&O side, all landed property will be surrounding Brezza, then on one side beside Brezza, at the island plaza direction, there is some plan of condo or landed property from UDA again. If you look at this map,
http://www.flickr.com/photos/28622660@N04/2670697108/
so where is Tesco???
The landed property by UDA is having some delay as they are negotiating with the contractor about the pricing of material...
Main contractor asking for high & unreasonable VO date back 6 months ago due to material increament for those landed property (lucky not Brezza main con)... But UDA thought it is way beyond the market price, therefore intended to terminate the contractor due to none performed work after so many months. Somehow, maybe the contractor asking for compensation, honestly I don't know, but likely since so long still no work commenment.
According to E&O, TESCO is has been confirmed be allocated a piece of land there, not exactly opposite UDA, but walking distance of 5 mins.
Happy New Year to all Brezza Owner.
New Year wish....
Leasehold fast fast gone,
FREEHOLD fast fast get,
TESCO kin kin build,
Mesmeyer pls don't build condo.
i have added the brezza location in wikimapia.pls go and take a look. click on the icon and more surprise for all of u...happy new year. the brezza will be freehold next year
Where you got this info? So all owner will pay around RM1500 for this title conversion? Sure bo? I thought free for owner who already bought? But if I am a owner, actually I don't mind paying the RM1500, if it's freehold. :)
Please think twise to buy.Freehold or leasehold is not that important,the important is safety,reclaim land and what pile they are using,because of some piling mistake they have to repiling on June 2007
_real_info_
real_info_
construction has already begin a few months already & is now building 3rd floor already.
i dont know where u people get info and claiming it's "real info". If so real, BE A MAN and tell us who u are since you love providing "real info" here. Perhaps we can all share a more matured conversation?
by the way, u're also an expert on piling??
real_info could be rite, piling on reclaim land not as easy as one thought, especially on high rise. Get to know The Lights have already performed several test pile to build Lights Linear but until now haven't really go on with the actual foundation pilling due to the firmness of the soil. Though the reclaim land at Tanjung Sri Pinang consider more mature than The Lights, but if the soil not solid enough, piling work remain a big challenge.
Putra Place Condo, Putra Marine, Gold Coast (even the upcoming The Spring, Baystar) all are established condos on reclaimed land. Those existing condos have no problem, sub-sale value are great, much greater than many freehold condo on "solid" land.
I won't discount the possibility if there could be technical issue as highlighted by real_info_, since I truly don't know. But, if that is true, I’m glad UDA being an ethical and responsible developer, accepting the consultant advices, bite the bullet and taking extra time & cost to repile, which mean the issue have been addressed accordingly. Indeed, I wish real_info_ sharing is true and I can rest assured the foundation works is sound and have been thoroughly inspect and then verified by the experts. Now, I’m glad and appreciate UDA for taking +6 months on the underground work on block A alone.
Sometimes, negative news not necessary appear to be bad, and don't shot the messager with unbiased intention. Thanks real_info_ and all others to participate in sharing.
The payment from UDA to Camerlita, extreamly slow,this will cause the project slow and discount the quality.
_real_info_
I agree.
It shows that UDA is a responsible developer who is giving priority to the safety and willing take correction action.
At least Brezza got a more reasonable buyers, rather than irrationally complaining and blaming the developer slow in complete the project, Brezza's buyer did consider the safety aspect too.
theBrezza,
Fyi, when Villa Emas (the apt besides Putra Place) under construction also encounter similar issue, section of land submerge due to unstable soil, but later the developer successfully rectify it.
dear all, thx for all your valuable info and i have made up my mind to do the booking tmrw..btw, anyone has any idea what UDA going to do with the squatters area next to brezza?? kamsiah...
That's not squatter, but temporarily shelters purposely build by UDA to relocate the bumiputera while UDA rebuild the kampung to be Warisan Tanjung (just right opposite Brezza, over the main road) to convert the kampung squatter to low-medium cost apartment and flat, and gerai. In the future, we can just walk over the main road to enjoy real nasi lemak in a proper Malay neighbourhood. Once the temporarily shelters demolish, their old plan is to have another two medium cost condos (UDA Bertam office has the model). However, UDA claim might revise the condo to landed property instead. Hope that’s not just a marketing talk...
Timeline, if not mistaken, the whole Warisan Tanjung should be completed by 2012.
heard that the Tesco is scraped, anybody can comment?
theBrezza, althought that are not squatters but they will be staying there for at least 20yrs. that is the agreement between them and UDA.
Before any time further spent on this, I would appreciate if you could kindly quote some evidence or source of information to backup your statements. Nothing personal, we are just lazy to chase the wild goose with another "Anonymous" make their baseless comment. And, please register your name if you sincerely wanna share with good intention. Thanks.
http://www.bernama.com/bernama/v5/bm/newsindex.php?id=363442
Although I don't have official source stipulate when the 3 fasa of relocation target to be completed, but for sure it won't take more than 2x3 yrs for building those low-medium cost housing. 20 yrs, you’re kidding me...
Yeah, I also don't think that it will be 20yrs, pls don't spread news without proof.
I read Breeza's Advertisement from news paper today. It mention that we can pay 10% and the remaining balance will only pay after the building is completed. Can the people who already bought, can enjoy the same thing? what do you think? This can help those who get loan from bank, to save some interest.
I have been to the sales office at Prima Tanjung and I find the sales person very helpful and informative. He was very well verse in this project. I am considering buying a unit. The locality is excellent. I may love Fettes Residences but it is beyond my reach. So Brezza is the next best choice. I have seen work there.
I guess the sale guy u was talking about is Mr Yunos? I was thinking about buying a second unit for my parents since UDA have the 10/90 offer. However, I am a bit frustrated with the FH conversion. What take UDA so long to pay land office the conversion fee. Date back January, they told me there should be some significant progress by March 09.... the clock is ticking...
Visited UDA sales office, the sales person mentioned no such 10/90 offer. Anyone know when will this offer start?
the brezza is now Free hold.
this is high level info direct from land office.
Thunder,
I hope your news is true, but according to internal info from UDA, land office already put Brezza in freehold if UDA willing to pay a lump sum convertion fee, but UDA trying to play down the number. If that was true, I dun know why UDA drag so long in the negotiation. Instict tell me they expect free conversion for having doing social work for the warisan tanjung. And their staff confirm they are negotiating with CM but CM wanna c more progress in warisan tanjung before proceed of the FH confirmation. Sound suspecious, always.
I am Brezza purchaser, and I hope you latest news is really new, and not something have been dragging for so long. I am tired to push UDA for result.
anyone knows when they will build the show unit ? i was told last time that they will ready a show unit after chinese new year, but seems like no news again nw
Oh mine!! what a way to read from all comments posted and mind telling me..Vivian are you the sales staff from UDA, I went to the sales office and enquired but there is no Vivian, are you feeding the right infos? I did went to Uda S/o na dfind out more from this officer, a smart handsome malay sales officer and to my opinion he knows a lot about what is around the brezza and the surrounding project, he took me over to the construction site to have a full view from north to south, I was impressed, if you guys out there that could feed more infos please do as i would like to know more about the 1450sft
vivian might be the property agent who have great ideas of accumulating all interest buyers and later contact UDA to request for sales commissions.UDA didn't appoint any sales agent.Since vivian is very creative. i would suggest all potential buyers to contact her and let her deal with UDA. group buyers have more bargaining power. of course we let vivian keep her commissions.
Is this vivian from eaglenest???
Anyone know that by when this project will complete?
The expected completion is July 2010, currently it's build up to 14-15 floor already. Seems like going smooth and fast.
I heard there will be a Show unit ready some where in July, August. We can see their workmanship and the viewing angle of the unit. Cool.
As for the FH status, the sales people do highlight that they are working very hard to obtain the status and ask the potential buyer not to worry .... Also mention that don't take his word, just check with anyone that is inside the state government, they know about this project ... Anyone got any updates or comment about this project ?????
Forgot to mention that they have some extra discount for the lower unit, check out from their sales office at Fettes Park... if not mistaken, extra discount up to 15k per unit .... I think it's quite worth it consider the location is good and very convenient....
Hi all,
Why this felicia promote Surin in Brezza blog?? Can't she read n see clearly Brezza name in this blog? Please dont disturb brezza new coming buyer.. Go back to Surin blog, price for Surin unit is not worth it to buy coz the price is t00 expensive compare to sqft..