Nautilus Bay is located at Penang's premier waterfront and along the new promenade that gives a panoramic view of the Penang Bridge. Easy traveling distance to Penang Bridge , Penang International Airport, Bayan Lepas Free Trade Zone and Penang Ferry Terminal.
This exclusive development comprises of 78 units 3 Storey Courtyard Homes with many exciting and practical features. Besides the main entrance car porch, a specially designed garage at the lower back of the house, also caters for additional 2 covered car parks.
Property Project : Nautilus Bay
Location : Georgetown, Penang
Property Type : 3-storey terrace courtyard homes
Tenure : Leasehold
Built-up Area : approx 2,600 sq.ft.
Lot Size : 21' x 70' (standard lot)
Total Units : 78
Developer : IJM Properties Sdn Bhd
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34 comments
how come no one moves in yet ?
Leasehold property touching RM1 million..? Wow....
Why no one is moving in?Wat happen with the owners?Anything wrong about this project?
Please look around the environment then name ur price.
I rather buy other place than that place
nautilus bay price dropped dy. if you have anything for ~600K, let me know.. else nvm
Another white elephant project from IJM. Same thing happen to Sierra Vista at Bukit Jambul.
HI Chai,
Yes agreed with you. A few nights ago I went to see and noticed that the place is rather dark on those facing the sea and many people gather there just to "lepak" and it seems very unsafe at nite.
Somemore the car park space they provide is very short and narrow.
It is not a good place for such a price.
When there yesterday to checkout the Summer Place and The Spring. Really quite, only a handful of houses occupied. Many put up ads for sales. Economy downturn really kicked in hard on Penang properties.
hi Joanna, the car park space u are talking about is not really as per ur description! Nautilus bay has car garage at the back of the unit. If u have 3rd car, then yes maybe u can park infront of ur house like there is one unit has red beattle infront, but perhaps in their garage has 2 cars.
i have a friend told me that the quality is not up to expectation. is that true?
looks like the price of this property is dropping from time to time. When the project is launched, it is almost the same time as E & O Terrace House. Today E & O Terrace House subsale price almost touching 1 mil. But look at this... something has gone wrong...
Funny thing is that the land is flat but the developer purposely elevated the building floor level thus resulting the internal layout like a mini Kek Lok Si pagoda ... occupier has to climb and climb and climb.
Hearsay 1 family renovated the house nicely, moved in but after a few months moved out and want to sell the house. Say something concern the smell... must be rubbish smell.
poor house design, too many stair to climb and lease hold property....
The layout is abit like US-style residence house. Maybe it's not commonly accepted by penang ppl here. Anyway I find it quite interesting. Heard that IJM is working on converting the title to freehold. Any news to share?
Passed by this area last week. The area was full of foreign workers in the evening. Where are they coming from?
It is a joke ? This house can fetch 1.3M (fat hope)? Lots of units are still vacant, and due to so many foreign workers in the vicinity area, this housing estate becomes very unsafe for staying. I have had thought of getting one unit 2 years ago, luckily I did not buy.
if buyer can exit at original price is already a blessing. poor design, low cost environment, and at times the place stink! 1.3mil - better buy Seri Tg Pinang as these property continue to appreciate every year
I always see foreign workers and local teenagers wandering in the Nautilus Bay area. The teenagers are playing kite, bicyle, motorcycle like nobody's land. i really think it is a big inconvenience and irritate the residents. Am sure it affects the property price.
by the way, the local teenagers I referred to are obviously not staying in the Nautilus Bay. probably from the squatters around.
Failure project from IJM in term of design and title.
Nobody dare call the cop rgd kite problems. The best solution pls get the cop drop by especially 6-7pm. Alot of youngest or gangster surrounding there catching KITE.
Please help us regarding the problems (KITE). Really appreciate.
Surprise to see the investors still can hold to the price at 850K-900K until today.
Hi My Blog 23, r u d resident here? Why not dare to call d cop. We have the right to do so and i try to call few times & complain and it works. The main point is dat we all must cooperate and keep calling so dat they can take it seriously. Thanks.
To Tan,
As i know most of the owners here are cash rich people or Dato.
to improve the environment and security of nautilus bay, it will be good if it can be a guarded community, i m not sure if it can be done. something like the setia pearl island project, where the developer put up fencing and recruits guards etc, and owner takes over it with little fee to pay every month. it will help to eliminate the kite issues and bring up the value. but i think we owner can cooperate and get a group of house owners to form committee like setia pearl island, and discuss with ijm to invest some money to put up the fence and employ guard for 1 or 2 years, then committee takes over later, it will definitely helps. i m sure ijm also got few units left. it is the lease hold property, ijm just speculated that they about to get the freehold status few years back when they launched the property, it was the dirty way of marketing. they are not going to convert to freehold as it will cost them about 100 gran for a unit for the conversion. the above are just my 2 cents...need no dissapointed, need no angry, and need no condemn on my comments..
hi Jenson,
agree with ur idea. Can u be the leader to form committee. I will gather my neighbor to join in.
Jenson,
I am also the owner of Nautilus Bay, i agreed what you said. Guarded Community will put our house more safer than now. But I dont think the IJM will spend on the fence. IJM really very kedekut company :) Anything you can email me at : chunyut@hotmail.com
i am not keen to be the leader, but i can be a member. can communicate through email..airforceone0353@gmail.com
Lim,
There is a unit priced at RM818K on Kwong Wah today.
Hi Tan, thanks for the info..appreciate.
DEAR NAUTILUS BAY RESIDENTS,
THERE WILL BE A MEETING WITH THE STATE GOVT OFFICIALS TOMORROW, 26TH JUNE 2011 AT THE SPRING CONDOMINIUM FUNCTION HALL AT 11AM TO OBJECT THE SETTING UP OF A TRANSFER AND RECYCLING STATION AT OUR JELUTONG DUMPSITE. IF THE STATION IS SET UP, ALL THE ISLAND'S WET AND DRY RUBBISH WILL COME TO OUR DOORSTEP!! IMAGINE ALL THE LORI SAMPAH! PLEASE COME IN FULL FORCE TO OBJECT! SPREAD THE NEWS TO ALL YOUR NEIGHBOURS!
Please be aware that IJM had lost the "title" (land properties contract) of Nautilus Bay. Buyer or Seller will have a long term of delay legal processing. Owner is recommended to check with IJM on the "title".
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
For Rent - RM 2.7k Per Month
Unfurnished
Robert 0125524555
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Owners who are willing to let go or rent can contact me too. TQ