The Peak Residences nestled into the valley of Mount Erskine, stands tall and majestic amidst the lush greenery. The Peak @ Mount Erskine, the best of living and convenience under one breathtaking garden roof at 500 feet above sea level.
Located at the foot of Mount Erskine near the thriving Fettes Park, The Peak is well tucked away from the hustle and bustle yet closed enough to all the conveniences, even on foot. With Gurney Bay in the vicinity, the view from The Peak is of the towering skyscrapers along Gurney Drive, forming the skyline of this famed water front.
Property Project : The Peak Residences
Location : Mount Erskine, Tanjung Tokong, Penang
Property Type : Condominium
No. of Blocks : 3
Built-up Area : 1,000 - 3,850 sq.ft.
Developer : Ivory Properties Group
Facilities
Infinity lap pool, wading pool, jacuzzi, gymnasium, sauna, children's playground, sun-bathing deck, BBQ-area, garden, multi-purpose hall, games room.
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674 comments«Oldest ‹Older 401 – 600 of 674 Newer› Newest»
- August 22, 2011 at 4:25 PMprivate caller
- August 22, 2011 at 10:40 PMPeak Of the Peak
- August 23, 2011 at 1:46 PMprivate caller
- August 24, 2011 at 12:24 AMPeak Of the Peak
- September 19, 2011 at 8:04 PMtyler
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- September 26, 2011 at 7:06 PMGrow
- October 23, 2011 at 10:37 PMjohn
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- October 25, 2011 at 3:08 PMPYY
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- November 6, 2011 at 9:04 AMtyler
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- November 10, 2011 at 4:30 PMBegin of Options Life
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- November 24, 2011 at 8:53 PMAnonymous
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- November 29, 2011 at 8:27 AMKen
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- December 5, 2011 at 9:04 PMtyler
- December 8, 2011 at 2:22 PMStaYSI
- December 8, 2011 at 4:20 PMPeak Of the Peak
- December 8, 2011 at 4:22 PMPeak Of the Peak
- December 8, 2011 at 11:16 PMPYY
- December 8, 2011 at 11:51 PMtyler
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- October 2, 2012 at 4:15 PMAnonymous
- October 3, 2012 at 4:44 PMBegin of Options Life
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- November 19, 2012 at 11:04 PMtyler
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- March 21, 2013 at 8:24 PMUnknown
- March 21, 2013 at 11:58 PMtyler
- March 22, 2013 at 5:11 PMMadison
- May 8, 2013 at 2:02 PMPeak Of the Peak
«Oldest ‹Older 401 – 600 of 674 Newer› Newest»peak of the peak, do u mean in front of the peak there will be the latitude ? will it block any view frm the peak's 3 blocks ? i recently visited the site, still can't believe how this developer gonna put all those buildings there ? I'm really worried, are they gonna cramp up the side ? furthermore a lot of shop are coming below peak and latitude. anyhow need to wait till they are complete i think.
Private caller,
No, basically The Peak is a single loaded apartment. The view from Lanai/ balcony does not block by any nearby buildings. But in front of The Peak, the left front side if viewed from Peak to Island Plaza direction, there will be Latitude. So, basically it wont block much of the view of Peak. Perhaps it may block some "cemetery view" instead.
In some point, may agree with u on the crowd as in all Latitude, Peak and Tmn Bukit Emas, it gonna be more than 1500 units in total. So, in certain sense it is a "high dense" area if u lump up all together.....
:)
yup, peak of the peak. that is what I'm worried bout. actually i went to the peak site that day. was surprise as the road is called "lebuhraya" but it was just a small road going tru a double story resident area !! what I'm worried is since they gonna build in this 3 property will the developer gonna make a proper road for the properties, if not it gonna be a mess for us and the landed property folks there. and they gonna make shop lots below peak and latitiued, expected more cars coming in (customers). i really hope the government will make sure the developer will built news road to settle this issue. if they gonna built new access road frm where will it be ????? lets wait and see.....
Hi Private Caller,
Yes, I heard Ivory going to widen the road (Lebuhraya Halia). But how wide and until where the road going be widen, i think nobody can/dare answer/ commit at the moment...
:)
I wonder how to widen the road because there is no space there..
What i hope is they connect the road to the front landed residence area, so that we can have 2 access.
lol
Does anyone know how tall is the Ceiling Height from the floor?
Thanks
A lot people advertise at mudah.my RM410-440
The ceiling height is 10 feet I was told.Quite reasonable I believe.
The response for the upgrading package for air-con & water heater was very encouraging.
Just for info only.
i was told is 11 ft.which 1 is true?
I will be very happy if its really ll ft.Wonder where you got your info? Mine is from Ivory Sales staff.My friend just moved into his new
Brezza condo and the ceiling height was also
10ft.No complaints for me.
I can view from afar as for Blk C,the construction is up to level 9 already.
Guess this project is in full swing now and that's great.
i have Been to Pisa yesterday, and the Indian sales representative tole me it's 11 ft for all units.
Tyler,the Ivory staff told me the same.Hopefully they deliver it as what they said.The only thing i worry about is the security due to my unit is at level 4 which is same floor with the carpark.
any one to share the latest progress photo of the site?
When i wake up every morning i see a new floor being build. Now is progressing damn fast....
Hi all, I have sent 2 photos taken on 19-Nov-2011 to apartmentpenang@gmail.com today, hopefully you guys can have a look at the latest construction progress, looks good so far !
thanks pglsgreat for the photos, what we see in the photo is block c or block a ? anybody got idea ?
Sorry I couldn't get in nearer to take the full view due to safety reason, from the construction side, I believe 3 blocks are being built at the same time, Block C on the right looks much faster, may be someone can provide a better picture, I may be wrong.....
Thanks for uploading the latest pictures.
I was told the block nearest and highest among all is block C,next is B then A.From my observation,their construction is in full speed.
I am confident this project will be completed on schedule in mid 2013.
Well,I'm looking forward to this day and hope to meet some of you guys(owners)who in a way contributed on this blog.
As construction is progressing fast,I do hope we'll hear more comments and advise on this Site
especially related to "Peak" among us and share information which is beneficial to all of us.
the S&P is signed and stamp on Jan 2010.
Isn't the project delay if complete after Jan 2013?
If I'm correct,the effective date of S & P agreement was 15th Oct 2010 and not in January.There's a lapse of few months, as at first I also thought it was in January 2010.Anyway,as long as this project is completed by 2013 which I expected,I would be happy.
I don't mind it takes longer time to complete; quality is more important for me. :)
any one take the optional package for aircond point , heather ?
Thanks to PglsGreat for the pic....
Visited the site on Monday, 5th Dec, 2011... The construction progress is now at 11th floor.....
John, u r right. The SnP effective date is by Nov 2010. Meaning it should be complete by Nov 2013......
Anyway, Merry Christmas and Happy New Year to all..... Hope we can celebrate our 2013 Christmas in "The Peak" in another 2 years.....
:)
For the ceiling height, you can refer to the SnP. That is the correct one.......
:)
Peak if the peak,What is the ceiling height in the SPA?
No ceiling height stated in SnP.. :)
i have seen a lanai concept condominium in KL,it is really nice.Hopefully Ivory can do as good as they did.
Tyler,I fully agree on quality.To me, the most vital part of a Condo is the land must be solid ground with a good foundation.I have confidence with Ivory thats one reason why I purchased it.
StaYSI,I took the package for both air-con and heater altogether as I highlighted earlier on this blog.Though the price is quite costly but I go for quality with good workmanship.The contractor are well experienced and familiar with their work I was told.
Peak of the peak,like what u said and what I mentioned earlier,hopefully we can meet up in 2 years time to celebrate.By the way,by then our 2nd link will also be completed.How wonderful!!!
Just the received the progress letter for stage 2d.A bit disadvantage for the lower unit like me :(
PYY: No worries. Your unit Level 4 = level 6 in actual, which does not same floor with car park. :)
Mine is at 26th floor, well i guess i may receive the progress 2d payment letter (Big Red Ang Pao)during Chinese New Year.. lolz
Tyler,happy to know about it.Thank for your info.
Hi,anybody know that is that sauna and jacuzzi in The Peak?Thanks.
Just got 1 unit, Block B.
I thought Block B was sold out earlier!Anyway,how much did you pay for it?
400K
Quite reasonable price.Must be lower floor as I think it will cost more for high floor.
Possible a high floor block C unit able to see the Straits Quay?
Hi Tyler,
Yes I would think so.
GXFC to all !
Just posted latest construction photos for all.
Completed 16th floor as of now.
PgIsGreat.
Hi PglsGreat
Many thanks for uploading the latest photo for all esp.buyer to see.Its been kind of you and are you a purchaser of this project too?
Happy Chinese New Year and Gong Xi Fa Cai to all......
Thanks PglsGreat for the photo updates of the construction progress.... But CNY Ivory stop very long.... I think more than 10days the site had been stop for work.......Wish they can complete on time...
:)
GXFC everyone :)
wanna ask how many lifts are there on each block?
Yup I bought one unit at Block C on Feb 2010, good to know the price has appreciated handsomely.
PgIsGreat
How much is the market price now for 1k sf unit high floor?
I heard is around 420K, anyone has better idea ?
PgIsGreat
is it possible to sell the units now? Or have to wait till key?
You can sell your unit now but its abit complicated I'm afraid.Best to refer to Ivory first.I was told prices have increased significantly of late.
I'm afraid your request maybe hard to come by but probably at lower floor if you're lucky.House prices nowadays are ridiculously high but yet still people buy,for some out of desperation.My advise is always book early though there are risks to take.
John you are right, one of my friends just sold one unit at 28th floor for 440K. Looking at the limited land in island, higher building cost, good location, higher demand + others factors, the price will only getting higher and higher, early bird sure will get the benifit.
PgIsGreat.
@PgIsGreat
is that 1000sqft or 1100sqft that your fren sold for 440k?
1000 sqft.
I just got mine for 468k 1100sqft block C low floor. Wanted to get higher floor actually, but end up settled with bigger corner unit at lower floor.. :S
Btw, I read about water heater system installation here sometime ago.. What is the package price again? Is it still available now?
Wow,from some of your comments here,I do believe Pg prices are really crazy.Tg.Tokong area is much in demand now after Tg.Bungah as you can see there's alot of development around with E&O,Uda etc.A friend of mine who also bought one unit earlier told me upon completion,it could fetch above 500k.I said why not!
Ronnie - U can call up Mr Koay of Ivory for more info on water heater plus air-con package.It cost around 15K(2 built in conceal water heater plus 4 air-con,living hall & 3 bedrooms Panasonic brand.My opinion is abit expensive but quality assured.Many owners took up the offer.
I believe The Peak will be a nice place to stay, good location + nice view! I am really looking forward to moving in next year (not long now hehe)!
Yes C, it was nice! actually my brother and sister in law already buy Peak Block B a unit there and my house also near this Peak Residences too.
Taman Bukit Erskine
http://www.apartment-penang.com/2011/08/taman-bukit-erskine.html
Both expected completion in year 2014
Upcoming The Latitude too will be near there
Ronnie-Did you buy through sub-sale?If so,is the process complicating?Reason I ask is my cousin friend went to Ivory sales office to check but was told already sold out.Now if the price is right,he may have to buy from first owner provided there is a seller,like your case I think.
Hi Jason, it sounds really good that you will get to stay close to your family. I think the location is perfect!
Yes, I bought through subsale, It's rather complicating, because the unit is not allow to sell at this stage. You have to pay deposit and draft an agreement between you and the seller, both parties agree upon the selling price and wait until OC obtained to apply for house loan. This is only possible on the premise of you know and trust the seller.
Exactly Mr.C
This is golden & luxurious place.
We both buy since January and April of 2010 also already signed Peak Residences S&P since 2011 and & Taman Bukit Erskine S&P recently mid month of March 2012
So far so good already passed 2 years of the date we purchased and
still waiting another 2 years to go completion building on 2014
For more review can look here
http://www.apartment-penang.com/2011/08/taman-bukit-erskine.html
Thanks for the info.I believe with proper document & agreement,your purchase should be safe for now.Well,I consider this site a good forum for us to discuss & exchange ideas for the benefit of all.As someone mentioned,I'm also looking forward for the completion of this condo come next year.
@Ronnie,
hi, can you please tell me where u prepare all the draft document and who helped u to prepare the document for you to sign? bcoz ivory told me that we cant sell the unit until the OC obtain
I don't think my case is applicable for you. Coz the seller is my relative, and we just draft a simple contract between us as a proof of purchase.
Any info when will The Peak be completed?
Did you know the residence is now known as city residence ? And it has become a two block apartment ? The layout and apartment size has also since changed. Not a word from ivory on the changes? Will the cost per sq feet remain for the early buyers?
The project is expected to be completed before October next year.
Hi E,
If I'm not mistaken The Peak should be completed by Sept 2013.
not sure how true it is, heard that they are sort of slow. my friend bought a unit in Feb 2010 and S&P only is signed in Oct 2010 and based on HDA, they will have to handover the unit latest by 36 months from the S&P date, failing to do that, they will have to compensate the buyers.
I also heard from my friend that there are also many buyers who booked the unit much more earlier than her in 2008 and 2009. now my friend is sort of regretted of buying from ivory. not sure why this happen.
Hi E,
We booked our unit end of 2009 and we were told by Ivory the project will be completed by end of 2013. We have no problem with that so we bought a unit there. I would be most surprised if your friend didn't know about the schedule completion date when she made her booking.
I must agree with C.Before I made my booking in Jan 2010,I was told by their sales staff of the process they go through and completion date is second half of 2013.There will be a lapse of nearly one year for this project.I was aware of it and have no regret.I believe it will be completed by next year.No worry.
Dear all, just uploaded recent construction photo taken on 31-Mar-2012, completed up to 21th floor.
Thanks to PglsGreat for latest update of Peak photo.How I wish they could allow us to enter and view the scenery from above though I must say its very dangerous while under construction.Maybe,someone who has connection inside may let us in.Just my personal view only.
Hi John, I went over the place several times but the security guards did not allowed us to enter in only can see from front like what PgIsGreat did. anyway I did took some back view photos from high mountain during Cheng Beng Festival. I saw that Peak Residences on the half way completed around 20+ floor and new ground site which is for Taman Bukit Erskine will construct soon.
Hi Jason,I went there recently and as you said security guard won't let us enter.Strict is good in a way and its their responsibility too.Maybe if Sunday the workers are off,buy some drinks and cigarettes for them,they might change their mind,Ha ha ! Actually,I'm anxious to see the view from above but guess at the moment,no chance yet...
or else we can ask the help of the official workers there to snap pictures of the view frm each block, either it can be transferred tru bluetooth or mms. i don't think its ilegal to do this as we are not going up there by ourself. its just my personal option only. i don't mind to lead but I'm not in penang at the moment.
Hi, may I know the latest payment progress for other block? Mine is block A and just received for stage 2d. I need to know when is the next payment cause currently I'm staying overseas.
I'm currently in China, and not sure about condo price in Penang.
Would like to know can I still able to buy new condo(1K sq) with RM400K near Tanjung Tokong area next year?
Should I sell The Peak after completion and buy smaller size condo?
why not buy in china since you are there. 2nd and 3rd tier city still ok. i see 成都 , 東莞 projects selling in s'pore. cheaper than penang. and got more upside potential due to population and urbanisation (i mean after this round of cooling measures. in fact the bank is lowering reserve ratio to lend out more to stimulate economy)
China you keep for the own:) hahaha
Im currently working in Shang Hai.. well.. The property price here very JiaLat the expensive.. prefer Penang life.. thus, may back Malaysia next year..
Yeah nice choice:)
Anyone know that OHM will have a highrise project in that area too, will the peak block by the building in future
Can you give abit more details if you know.What does OHM stands for?From what I see,there's not much vacant land available for any high rise project.Thanks
OHM is a penang developer, you can call them or check thier website, they plan to build high rise building and also terrace house. I have a same question like you which is where still got place to build, they say will move some kampung house there..........
Ya,OHM got some projects in Penang and one of them is at Tg.Tokong near the Peak.My sources is not clear yet but will advise when confirmed.
I just visited OHM's website, they have one up coming condo project at Tanjung Tokong, detail not ready yet.
http://www.ohm.com.my/project_upcoming_tanjungtokong.html
Hope this condo will not block our view.
I think it will not blocked because peak is on hillside and OMG is on flat land front few km
PglsGreat,thanks for response.I like this area and hope they'll launch this year.There has been some news for sometime.I would appreciate if anyone got the latest info to inform on this blog.I believe it should be cheaper than those on the other side of E&O Straits Quay.
The ohm pro just at in front of The Peak which opposite the evergreen. The mansion Hse and Charlie fac will replace by the ohm condo and lmc. Behind the squ Hse will replace by three storey terre hse. There will be a road crossing from the peak road to evergreen road. Not sure the block status
Thanks for sharing.If your feedback is true,then the surrounding area will look much better in future.Propery prices will appreciate higher.
Is this related to OHM's condo and terrace hse project rumoured to be in front of The Peak??
http://www.apartment-penang.com/2012/05/unhappy-over-compensation.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ApartmentPenang+%28Apartment+Penang%29
Yes, it is. About 18-20 already agree, the rest are
together voice up unfair compensation
if so, don't think the new OHM project will be kicked start that soon.
I believed so.Yesterday morning I was having breakfast at Mt Erskine market and heard people next to me talking about this issue.Its only a matter of time they'll come to a compromise agreement for the benefit of everybody to move out for the new project to proceed.It will be good for those living nearby and surrounding area I think.
Hope that it won't turn out to be another "Kampung Buah Pala" issue. I believe "someone" may instigate this until it becomes an issue.
Build three storey house is no problems than condominium infront of The Peak. We hope the developer please care to consider Peak Residents feelings.
Development is good for Penang and it's people.The government sure have it's plan,guidelines and priorities right before approving any housing projects.It's an eyesore as sometimes we see old and unoccupied houses or buildings being left idle or vacant for years and nothing done to it.
Anyone know the details of OHM project? Would The Peak Gurney view be blocked by this project?
30 floor of condo + lmc , 53 terrace Hse . Not sure the block
Hi growth, thanks for your info sharing.
You r wellcome, the condo consist 1400-1600 sq, I heard initial price at 380/sq. not sure at the finalize price. I think may higher as not launch & delay further. Terrace roughly around 1.3, no people know the actual until launch.
Hi growth,how you got so much info?Did you check from their sales office at Perak Road.I thought of visiting them this week.Thanks
Hi John , u cant get any infor from Echo Hill as the it not finalize. U only can get from doing searching from OCS portal, semak permohonan with Jiran Bina Sdn Bhd. LOT 3585 which it was apprved since 5/April/2011.
"CADANGAN MENDIRIKAN : A. 1 BLOK BANGUNAN 35 TINGKAT YANG MENGANDUNGI i. 5 PARAS TEMPAT LETAK KENDERAAN, ii. 30 PARAS RUMAH PANGSA KOS MEWAH (TERMASUK 139 UNIT DAN KEMUDAHAN MASYARAKAT) iii. 16 PARAS RUMAH PANGSA KOS SEDERHANA RENDAH (TERMASUK 116 UNIT (700KP) DAN KEMUDAHAN MASYARAKAT B. RUMAH SESEBUAH 3 TINGKAT (1 UNIT) C. RUMAH TERES 3 TINGKAT (53 UNIT) DI ATAS LOT 3585, MUKIM 18, TANJONG TOKONG, D.T.L., PULAU PINANG"
Happy Searching...
Hi growth, r u one of the buyer of The Peak? I worry their project will block The Peak & The Latitude view that facing Gurney. As u mentioned earlier, if the existing single storeys house will replaced by 3 storeys house, then it wouldn't block, I guess.
Just came back from the site this morning and took a photo.
http://dl.dropbox.com/u/20887752/IMAG0863.jpg
Taken on 6-June-2012
From the numbers on the wall, it seems that they have completed 26th floor and working on 27th floor now.
Completion by mid of 2013 seems too optimistic. Considering they have to do the paint job and building up the landscape etc.
I'm looking at end of 2013 which looks more promising.
Hi KonPing, i 'm not the buyer on the Peak but buyer of the Latitude LAST TIME, not now. I cancel the booking at RM600+ K somemore got Angpao 288888 with type B, 20+ floor, 1500sq somemore Tower B. Very Good unit.
I think you climb up to "Kwan Yin Tin" , you can view further the status.This was inform by Hairy at Litutude forum. I slso did that.
I think level 36 or 37 onwards may more secure, just my 2 sense.
Offcause the back sigle storey may not block the Peak view.
Hi growth,
I would felt that you quite interested on The Latitude, is there any specific reason of cancelling the purchase? Not worth to invest or own stay at this location?
Actually. I like the design , location. Good place to stay, I m not investor thus not sure whether good for investment. I cancel it due to i change to others. I book Latitude that time because I only affordable that budget. Sometime I think to buy yr dream Hse is depend that time what budget you have, fix it and execute it. You can upgrade it when time to time. I m more on conservetive type.
Please be sure that area has 3 Ivory builds which are The Peak, The Latitude & Taman Bukit Erskine so we won't be sure that which will blocked seaview. The little angle adjusted that can caused whole the area fact actually
Thanks growth & Jason for your sharing. Btw, growth, could i communicate with u via ur personal email? Thanks.
what is yr email add ? i send it to you.
konpingmoo@gmail.com
Growth,thanks alot for sharing.If you have seen the Star paper front page yesterday,you'll realise that Tg.Tokong/Bungah area is one of the most expensive on the island.I'm happy to have bought this unit for stay.My personal experience before is sometimes we think too much comparing the pros & cons,we end up buying nothing and live to regret it.
Ya , most important buy what you like what you want. Eventhough paid extra higher price, still you feel worth it. Don't buy that not you want even with cheep price, you will regret down the road for 20-30yrs.
Agreed. Always buy what you love, and love what you buy.
Pick what you love and love what you picked. ;)
Recently,received a letter from Ivory requesting for payment of 15%for 3rd progressive schedule.Now I think the construction has reached up to level 27 if not mistaken.For those lower floor,have you already paid much earlier?Just to share here.Thanks
I heard my sister in law said she pay monthly about some interest since construction start?
She could have arranged with the bank loan altogether for during construction.Repayment period could finish earlier.I was at Fettes park last week during lunch time and met two Ivory staff,you can recognise them as they're wearing usual green uniform shirt with tag on it.Ask him about the Peak,he said well on schedule.He also told me Latitude & Taman Bukit Erskine will start soon.
Anyone know that will ivory project have gangster renovation after completetion?
LOL. wish there no
One of my relatives bought an Ivory property before and there wasn't any gangster renovation problem so I think The Peak will be ok.
Any impact for the recently hill side developement issue
How is the progress for the peak
Any one have info
the order was lifted the following day no worry http://thestar.com.my/news/story.asp?file=/2012/7/2/nation/11587739&sec=nation
Renovation wise I heard no problem.Hillslope concern for Peak project is unnecessary as explained to me by Ivory senior staff.This project is right on schedule and will be completed by second half next year.Get ready for celebration,I guess.
Is there any show house will build for The Peak Condo?
There are no show house unit at the site but you now can view the actual building,wouldn't it be better.The last photo update was in March this year.Now it should be above 30th floor,I guess.Just hope somebody can post in the latest picture of the Peak here. Thanks in advance.
what is the progress so far? What is the building color? Nice? What about the access road?
may i know what is the current market price for corner unit and also the smallest unit?
Prefer not so high floor...
Now should be around 28th floor.From their previous project the coloring is quite pleasant & nice.I believe road widening should be sometime next year.The current price I saw in newspaper & advertisement for 1100 sq ft 500k and above.I recently saw one rather new condominium where they provide security access card for entering lift lobby and car park area.I'm impressed with these security features.Wonder whether Ivory provides or not.
Hi
does any one here have the latest progress photo of the peak? mind to share here?
If i sell my unit for 500K.. can I still able to buy other condo with the same price same size nearby?
By selling 500K,you made some profit but it is very unlikely you can find a similar one with that price.Here,we are talking about two and a half years ago compared to now.
The Latitude is 10ft ceiling.. What about The peak ?
I have conirmed much earlier with Ivory.The Peak ceiling height is also 10ft.Not bad I would say.Wonder why they removed your previous comments!
No news for this property?
heard that OHM will build 3 storey terrace houses, condo in front of The Peak.It is true? will it block the view of The Peak??Anyone know about it?Plese share....
Hi All,
I have uploaded the latest construction photos from various spots, happy viewing :)
Thanks PGLSgreat :)
Thanks PGisGreat for latest pics!
Do you know the Taman Bukit Erskine too? How's the progress on the construction site now?
Thanks again PglsGreat for the fantastic pictures uploaded for us to view.After over two years,finally our dream house will turn to reality come middle of next year.Really looking forward to that day.Ya,I was told too OHM project may start sometime end of next year after some issues settled.
Hi guys, just to let u know I have posted some new photos taken on 11/11/12. It is now completed up to 35fls.( can you spot your new unit?).Ivory have confirmed completion date by the end of 2013. BTW ours on the 34fls...
I like the design of 10 Island Resort, with 3.3m high ceiling.. Hopefully The Peak will close to that..
as this project is now close to complete in 1 year time, does anybody here has experience to renovate their condo unit?
normally for a 3 room unit the design and reno cost including water heater, aircorn, furniture, eletronics appliances, furnishing etc will cost roughly how much?
Can 80k budget achieve a good design and quality reno finished work?
mine on 28th floor block C
hey guy the colour of the peak not so nice la.they already painting a part on low floor at block c.
omg.. not nice? May I know what is the painted colour? Is the Roof top Garden still ON?
Anyone of you received letter on Payment Overdue issue? Who is supposed to bare the penalty?
yup,me too..so u should call up chow tat seng.ask why they din issue a letter to our bank to release money.
That's the first coat i think , not the final colour.
I think so.The lower part of block C in white color looks like it's first initial coating.Anyone knows what is the actual building color for the Peak.If it's similar to Tg.Park I don't mind.As far as I'm aware,the roof top garden is definitely on going.Wonder somebody asked about it.Is there any changes?
How is the progress so far? Anyone got latest pictures?
I was there at the site yesterday but not sure at what level now.Looks to me like 36 floor already.
Enough is enough...so far not any big different to the progress...I think too much photo uploading is not good...and someone is just post it not longer before....thanks !!
Ya, you got a point though.Maybe after Chinese New Year, 2nd quarter of 2013.
Looking forward to the completion of this property supposedly by the end of the year, I really wonder what the value for the recent done deal is ? Would anyone who has just bought and sold his or her unit kind enough to share ? Much appreciated…
saw in newspaper advertise one unit for RM550k
Owner and Potential Buyers,
Be aware of Ivory and their promises. Look no further to their recent project 10 Island Resort. Too many issues with them. Now they are #1 crap developer.
"Beware of Ivory..." ?
The peak residences has been very good so far. Just look at the price of subsale market...
Wait till till u get the keys.......then u will know the true colours of Ivory. Don't be shock .......
Ivory have many projects coming up in Penang and I believe they're not that bad as somebody claimed it to be.Maybe a little bit here and there but overall should be Ok.Well,the truth will come out this year,so lets wait and see.
Hello
Lets create a FB group to discuss all the issue
To John,
Just go into the 10 Island Resort thread and read for yourself. Firstly fir us who paid the initial deposit in 2007 but we given a 2009 dated S&P which exceed the 36 months timeline, we ARE still waiting for our LD. Next we were told if we agree to waive our LD, we can choose our car parks lots. Ivory has now kept quiet about this item. As for the condo itself, declared VP in Dec 2012 but until now still fixing up the place. Forced to pay 4 months of maintenance, warranty work slow, and until now no black and white on the car park lots. This is just some of the frustration dealing with Ivory. When it comes to collecting money you have to pay to get the keys, when it comes to paying well you know. Honestly, I will not buy another property from Ivory base on the experience. Best luck to Peak owners!
Thank you Al for letting us know, your information is very much appreciated. By the way The Peak is my second property from Ivory. I hope Ivory will maintain good services which I am satisfied with so far.
Even Ivory can complete the peak project on time by this year end. But still need 2-3 months time to obtain the OC right? So need to wait until 2014 only can get the key?
To sunday.daisy,
Ivory only need to declare VP to collect all monies then in order fir you to collect your keys you have to pay them the deposits and at least 4 month maintenance. Then the agony and pains begins.......
Thanks A1 for sharing your disappointment with Ivory.It certainly kept us alert and aware of what to expect before the project is completed.Frankly,based on our S&P agreement,the Peak is supposed to be ready by October this year.At this stage,I'm not too sure about that.Let's hope they could finish on time.
I believe the architect has to apply to city council for a Temporary Occupation Permit before the developer can declare Vacant Possession for owner to take keys and move in. This is the standard practice and as a public listed company now, I don't think Ivory will do projects not complying with relevant building law and developer act.
Free mind, in Malaysia public listed companies only have to pay a fine...if caught! I hope that my highlight here will give buyers to influence Ivory to do a good job instead of just promising you the moon and when completed a whole bunch of new issues will arise. After all all monies already roped in and now you are at their mercy. Only way they will pay attention if buyers are aware of their practices....what is being said is happening at Island Resort. No bullshit!
this project having the most beautiful Gurney Drive view lo. and also the grave yard view.
I was there yesterday and the progress looks good. Building were up to top floor and glass windows are almost complete at 16 floors.
I have a Block B unit...and I am going to rent it once the project is compleate...Hmmmm...Do anyone knows how much we can rent per month with this property ??
Hi Tan Hui Jie,
I think rental wise, it is difficult to tell right now because there is no market yet before it is completed. But your rental should be almost guaranteed during the QingMing Festival (Chinese All Souls Day). You can rent it out as short term stay during the month to cater to those who come back from outstation for QingMing. You can surely charge a premium due to it's proximity to Penang's biggest graveyard.
Why so negative my friends! Whether it`s grave yard or not, the latest selling are almost double from the first batch buyer!
Are you Jealous? Everyone have their own preferences interm of the location, price, environment, investment etc.
Hi Hui Jie,
I think you can refer to the rental prices of nearby similar range condos, that should give you a fairly good idea of the rental you are looking at.
Hi Unknown,
I agreed! The Peak's location is the main reason I bought a unit there, and I am looking forward to moving in very soon.
Hi C,
Nearby similar range condos? Nearby no condos lah, only landed properties. Landed properties for the dead, and there's no rentals, all owner-occupied....:D
I agreed with Unknown.To me,it's not right next to you or right behind your back but a distance away.Frankly,I nearly missed buying this Condo as I was being very choosy and wasted several opportunities before.Anyway,the price have appreciated so much,why worry!I would suggest to you guys to buy opposite at Straits Quay,leasehold,reclaimed land,nice view for a similar size and it cost you a fortune to own a unit.Good luck.
Hui Jie and John, thanks for your support. In personal opinion i feel
good or bad comment is welcome on the project / properties but don`t criticized people or project, it feel like you are very non-professional and childish. By the way, I also bought one unit in 2010 and the price has been increased closed to 30% from the original price and I still feel worth it as of today!
Thank you for those reply. We patiently wait for the house built.Everyone got their own opinion ,no matter it's good or bad,but as long as we are able to buy a property and it's worthy a happy thing. Compare to many can't afford to buy nowadays,we really feel grateful.And I'm going to wish you all have a wonderful home.
Recently,Ng suggested to form a FB group for discussion which I think is a good idea.Now a bit too early as we don't have much issues yet.Maybe when it's 95% completed,those interested could form a group by way of communication through e-mails or FB. At the moment we could continue to use this Forum for discussion.Let's share if any of you got other ideas.
i seriously think that :condomana" will be sleeping in the grave when are ready to move in. that is where he/she gonna land soon.
Graveyard is never a concern, as normally is a good "feng sui" land.
My concern will be more on security today, robber, break in, snatch thief... as this will harm u and ur family.
And as usual, buyer never expect a flawless finish by developer. u have ur right to file complain and get it fix for any defect. Thank you Al for his sharing.
Facebook forum is brilliant. Looking forward to that!
Yes,crime today in our daily life is sickening and more dangerous than anything else.I personally don't expect a 100% job from any developer but must be at a certain level.Just hope this project delivers what it promised.Well,we shall see it soon.
Guys, check this out.
http://classified.apartment-penang.com/property/54762.html
Thks BoB for uploading the recent photo
Wonder what level is it now.Anyway, thanks for the latest picture.
The more I look at the picture of the building, the more it reminds me of a tomb. The architect must have got his inspiration from the surrounding "structures"!....:D
Reasons I bought (ok, it is really by loan) the peak are
(1) near botanical garden, my mom's fav recreational destination.
(2) my ancestor's tomb is nearby.
Dear condomana, what seems to be negative for you is not necessarily bad to the other. cheer w positive thinking.
I think we need someone to explain what does the 'Tokong' of Tg Tokong really mean. :)
regardless of all the negative things people said about this project, everybody made money from this project already.
for those who missed the boat stop being sour grapes.
To earblogger & Jonathan,I definitely agree with you.Those negatives comments can only mean one thing.Either he can't afford it,too choosy or missed the opportunity.Like you all said,sour grapes,how true.
Hi earblogger,
Actually my "tombstone" comment was not meant to be negative. Just an observation...:) Like you said, if you love staying near your ancestor's graveyard, and think your mum would enjoy walking 4km to botanical gardens from here (walking by all the graveyard and funeral parlour with those coffin shops opposite), then I will congratulate you for your brilliant purchase....:)
Hi Madison,
Maybe you should have said - "Those negatives comments can only mean one thing.Either he can't afford it,too choosy, missed the opportunity, OR THE BUILDING REALLY LOOKS LIKE A TOMBSTONE"....:D...adios amigo!
This is penang property blog . Please try to avoid from commenting anythings related to politic.I believe everybody has their point of view and own opinion . So please avoid from arguing or condeming people .We are here to share information and please respect people. ^^ Cheers ~!!
Well said.This is penang property blog where we share,exchange ideas,discussion on properties particularly this project to our advantages but unfortunately some negative comments are uncalled for.Why bother the surrounding if you are not even the owner.Like it or not,this project is completely sold out long ago.
I hope the glass panels will be put on soon, and hopefully it won't look like a tombstone anymore after that. It is an extremely unsightly view and I can't help staring at it everyday on my way home towards TB.
We should feel sorry for this poor deluded moron, all the time you reply to him /her it only encourages this small minded, bitter individual.
It is bad to always be thinking negative thoughts? Grave year is nearby so what? Price still increase and why?
Bad things will happen to bad people. Hope you stop it before to late.
It's best to ignore this sick in the mind remarks.Guys,don't waste your time to respond.We could have discuss better things as regards to our condo.
Dear all, facebook groups created....
All are welcome to join. Also, please stated your status whether you are the peak owner or non peak owner for easy classified. Thanks a lot.. The fb group as below:-
thepeakresidences@groups.facebook.com
or
https://www.facebook.com/groups/thepeakresidences/