Southbay Penang a mixed development project located on a 35ha freehold site in Batu Maung. Residence @ Southbay phase 1 comprises of 288 units 3-storey link homes with built-up areas of over 3,000 sq.ft.
There are six bedrooms and six bathrooms in each unit and a garden located on the second floor. There will also be clubhouse and a recreational park, high-level security, patrolling guards and intrusion devices installed in the individual properties.
Property Project : Residence@Southbay
Location : Batu Maung, Penang
Property Type : 3-Storey Link Homes
Tenure : Freehold
Built-up Area : 3,300 sq.ft. (Type A), 3,000 sq.ft. (Type B)
Land Area : 24'x75' (Type A), 22'x75' (Type B)
Total Units : 288
Developer : Enrich Property Development Sdn Bhd (Mah Sing Group)
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808 comments«Oldest ‹Older 601 – 800 of 808 Newer› Newest»
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«Oldest ‹Older 601 – 800 of 808 Newer› Newest»This is a strata title property...good so that you don't get look alike castles built next to your house and looks like...For this SB is priceless, as there is no other development in Penang with this title yet...I think.
come on, does "look alike" really important feature to you? i would rather say price is the main consent. It is just a terrace house, what so special on that? at KL, terrace house is just for mid range ppl. $1million might be too expensive for factory mid level ppl, not semi-D , not bungalow.
I doubt any company director or CEO will consider that at all as not a semi-D nor bungalow.
Interesting! 1M strata title 3100sqft landed property is now considered expensive & priceless......somemore want to buy semiD/Bglw with 1M in Penang Island, where to find leh brothers & sisters. Even those 2000sqft condos along coastal highway which are built on reclaim land and hanging on the sky are selling >1M. Lets see...RM320/sqft vs RM500/sqft, which one is more expensive? Anyway, no need to debate lah....you invest yours I invest mine, who's right who's wrong time will tell.
Hi All,
I bought my bumi lot on Oct/Nov last year at around 835k. I actually seen the house once for an hour and fall in love with SB. I returned to Malaysia for raya couple of months ago and went to see the site. I was surprised to see the Clubhouse was so tiny, and not so nicely designed because it has lots of steps and such a small pool. Then i went to my lovely bank executive who kindly approved me the loan on the phone whilst I am overseas last year (didnt i tell that they treat their customers like royalties) I was given a pewter set of kacip pinang (i really dont know what they are for) and some nice raya angpow on my recent visit. They really awesome, never been treated like that in any bank.
Anyway, even the bank executive was saying the same thing, the Clubhouse is so ridiculously small and oddly designed. I was so disapointed. Then I was told that the price of the property now is like 1 mil, but I wasnt quite sure if this is correct. I do plan to keep this property for a while as no point to sell Bumi property less than 3 years. Actually I was so regret to buy bumi property, the different price is so little. I guess it would probably be easier to sell the unit next time if its not bumi lot???Anyone???
I also saw the showhouse has been sold and fully gated and locked!!! Gosh I wish I can still see it.
I was told by the developer that my unit will be ready 2nd quarter next year, is this true?
I live overseas actually and not sure who manage the properties like this. Anyone? How about Henry Butcher, are they any good? What sort of management fees you looking at? How to find tenants?Any recommendation on the interior design around the area? I heard KL interior design are cheaper than Penang because its a competitive market there, is this true? Do we have to get MS approval of the interior design layout prior?
Thanks guys, happy chatting
OystersNZ
xx
rosmawati,it is not neccesary u have to keep ur bumi property for 3 years then only u can sell,u can sell now if u like,you just need to apply for a state consent which shouldnt be a problem.Let me know if u wish to sell,i am a property agent by profession. penanghomes@yahoo.com
Hi Ameer,
thanks for your reply. iam sort of torn.Sounds like a good step is to hold on the property until the price soars. We never know, it might pay to wait for a while. Anyway, i will email you privately, still keen to discuss this.
MS- I called Mark Goh when i went back for recent raya to view the property again. He said they have been locked now.But he has the key and would let the SB me to view the property again if we want to. You can try him. I ended up didnt call him back to look at the property as only went back for raya for 5 days, not enough time to muck aound :)
Has anyone look at the SB bungalows? they look pretty awesome in the picture. I wonder whats the prospect like if buying that property? Do you think it worth buying? It is quite close to Malay houses in that area, my mom actually lives at the other side of that bungalow area and I wonder if MS are going to take over that area as well. It seems odd that the billion dollar project just stop there next to kampung houses. Do you guys know the value of the land around Batu Maung area, somewhere around the primary school or close to the bungalow side?
I heard that MS also building some awesome property in KL that every unit has their own pool or something, has anyone has a thought on this kind of property investment.
What do we do with the Mah Sing VIP card thing that we got?I got this card(its like an flash ATM card) from MS and I have no clue what this card for. Anyone?
PS Sorry to ask too many question, just discovered this site and I have lots of unanswered questions. It helps specially when you live overseas. Thanks guys
OystersNZ
xx
I managed to sell an intermiediate unit to a foreigned at RM1.2mil under MH2 program.
Good luck to Southbay owners.
How Lina,
How you manage to sell yours to the expat?
Thanks
OystersNZ
did anyone get "wrongly" billed for progressive interest even though you opted for the 0% interest until, vacant possession? MBB, out of the blue, charged me ~2K for Dec progressive payment...when I called to check they said something along the line of developer not settling the progressive payment, so they have charged me and are now trying to claim from developer and re-imburse...sounds to me more like a screw-up at the bank's end...anyone face this problem?
Yes, Im facing this problem. Raised this matter with MS and MBB last month and was told something along the line. Apparently, MS was given 21 working days to settle the o/s interests and MBB did not wait for the maturity of 21 days. Instead MBB straight away debit the borrowers a/c thru our standing instructions and when MS pays up probably w/i the 21 days grace period, MBB will reimburse back to borrowers a/c. I queried MBB that the free interest scheme during construction period is an agreement among MS and MBB and it is wrong for MBB to deduct from borrowers a/c b4 the expiry of the 21 days period given to MS.
MBB told me that they are in the process of rectifying this error. I'm truly dissapointed with MBB despite it being the NO. 1 Bank in M'sia. Wonder how would MS respond to MBB's way of doing things since MBB is one of the end financier of MS and this kind of arrangement is totally screw of of the 5/95 scheme and free interest during construction. Is is a scam or what !!
Why public bank does not accept this project?
Hi,
Anyone know how much for BUMI released units? Please advise. Thanks.
i just went to southbay. they have sold many units this morning. left 2 or 3 units only. over 1mil.
Went to their sales galery today, Bumi lots sold out already. The road at the traffic light junction had been widen, SB Lagenda + 2nd link in progress, looks great. I believe that area will be a classy neighborhood once the surrouding projects completed in few years time.
congestion congestion..... the road in front...
cannot go anywhere in a hurry..... always jam during peak
I still remembered a shop owner bought a unit at Bayswater and smile away with profit taking of about 150K. 2 years later, the same unit is sell at 700K. He curse and sweat......
So, lesson learnt, keep the unit until all the surrounding projects are completed, then see what is price will be. Southbay has a very similar lifwstyle concept just like Bayswater. Trust my word....good luck to all those cannot wait to that long.
Yes Agree with MS as I know Mahsing is still acquiring land surrounding Southbay and will make it into a township.
I think we should keep it you have holding power unless you need to realized the money for other purpose.
Does anyone here ever sell away their intermediate lot in exchange for a corner lot? If yes, does Mah Sing still bear all the Stamp & Duty fee, title transfer fee ?
Anyone know when Southbay can obtain VP/OC?
It should be end of March
april. means need to start serving the loan :) good luck
Unrest in middle east will drive the petrol price up.
Inflationary pressure is mounting.
hi guys,
what is the project directly opposite Southbay Residence, which is close to completion...
and who is the developer, btw?
Dear all owners,
Anyone want to sell southbay residence??? I intend to buy one..........
CH, whats your contact?
Does anyone has the intermediate unit layout - for renovation purpose? Any good (and cheap) contractor to recommend? Thanks
When can we obtain VP/OC?
There are about 300 units in this project.
Every speculators are asking for >1M to sell their units.
Do you think you can find so many millionaires to buy?
I believe the speculators need to hold 1-2 years.
Lim, u need to understand what is the current situation now. Cost of living no longer cheap now. Even indo maid is also asking for 2 fold increment. With the Japan tsunami, many Japanese investors are buying up Malaysian factories who make cements, tiles etc, they need to export it back to Japan to re-build their land. This makes the market shortage of these materials, prices will go up again. Also, since MM2H program encourage foreigners to buy property here,more and more expensive properties will be built.
I have 2 frens works in 2 well established (sizable) developers in PG. Their projects are in Bt Maung (landed, completed) and Jelutong (condo, still under construction).
Sorry to say that, very very few foreigners purchased their properties. Majority are local.
Do not be mislead by the flase picture preached by speculators.
lim, you think local can't buy at higher price? i have just sold my intermediate unit to a local at 1.12mil. 35% clean profit.
You do not need to be a millionair to buy a 1M house. You just need to have 100K down payment + 50K legal fee and ofcourse must be capable to folk out ~4500 for monthly repayment.
Most of those who has owned an apartment a few years ago already has made >100K if they sell their apartment now.
just curious, how many can comfortably service 4.5k monthly for the next 25-30yrs?
unless u owning more than 1 unit, the 100k profits will eventually pass to the developer/seller whom u buy your next property from. sell high, buy higher.
"sell high, buy higher" -- this is to upgrade our life and reward ourself. to save 100K cash one may take 8 years or more. with a little bit luck, one can earn 100K in 2 years time through property.
for a graduated couple age >35year, they can easily achieved 5 figure net household income. so 4.5K monthly repayment is affordable.
looking at the current property market trend, people is willing to start to lock-in the 4.5K monthly commitment now to own a 1M house. after a few years, your income might increase tremendously but your commitment might not be varried a lot from 4.5K. This is the beauty and power of bank loan to fight against inflation and property bull market.
i see some friends are staying in a current value of 1.8M semi-D houses, but only do a monthly repayment of 2.5K until today. this is the result of committing 2.5K monthly repayment since 7 years ago when they bought the semi-D house at 600K.
people always think the house they are staying is their biggest asset, and so it should be investment of their life... well, for me, is kind like blocking my way to financial freedom.
Daniel Ong,
In life, there is no such thing as positive all the way,
in every positive, there lurk a negative,
in every asset, there is a risk it could turn into liability !
Those who learn form property down turn experience from Tokyo 20 years ago or recently US, then they will know this "long term asset" can turn into "long term liability" or even wipe you off completely if financial crisis come !
What I know, the property price in Tokyo transacted 20 years ago, have yet to recover to their former peak... and those owners have to tie up 3 generation to repay the bank loan !
WHereas in US, many house owners are serving "under water mortgage" i.e. meaning, their property price is lower than their loan amount, and they need to serve monthly instalments in order not to be bankrupted or sleep on the street !!
Hi kucing, u r rite. That's why I always telling my friend. Don't count the house u r staying as ur asset. Even after u finished the bank loan.
It may be a obstacle to a better lifestyle.
You may need to sacrifice something in order to pay huge amount of instalment.
(Chlidren cannot go overseas to study. No overseas trip every 6 months. No luxury car...)
This subject seems out of the scope of this forum here. Everyone has their own choice of life, there is no point to compare, just like somene likes red color while the other like black and so on so forth.
any direct sellers here?
rm1mil is what i am looking for as i was told renovation and furnishing will cost rm300k +-
You need to consider : Schooling (secondary) is a big problem if you stay in Bt Maung.
I already made my mistake to buy a house and stay there. My kids are suffering.
Your kids need to spend 1 hr x 2 trips on road everyday if they study in Chung Ling, Heng Ee or Ping Wah.
San, then don't buy this place. its bad for you :) Got get a house in sungai nibung of this size, see can get this price or not ;P
There is the other side of the coin too.
Secondary schooling only 5 years, but working in the factory is 20 to 30 years. If you buy a house in Tanjung Bungah, u need to suffer for the next 20 to 30 years. If u buy a house in Southern area, you only suffer 5 years.
On the other hand, can u find a development project with SB scale with G&G and full facilities in Sungai Nibong ? If yes, I will go for it for a long long time.
Does this logic to all of us ?
that is why San should stay away from Batu Maung lorrr...:) ANyone visited the site lately? very nice indeed.. the last transact on bumi lot was close to 1M i heard..so should be 1.15mil by now ?
I bought another house in Geenlane. The house in Bt Maung becomes weekend house. (do not rent out because the rental is very low)
I have 2 kids study in the secondary schools mentioned earlier.
They have to wake up at 5am, get into bus before 6am, back to home ~2.30pm.
If they stay back for activities, they will catch the bus serves afternoon class and arrive at home at >8pm. If it is a rainy day....worse.
Forget about Phoy Tay. There are 1,200 Chinese primary school students to get into secondary every year. Phoy Tay can take 300+ students only.
Also the address in Bt Maung will be a disadvantage compared to Sg Dua, Lip Sin, Sg Nibong...etc.
1,200 Chinese primary student are from this southern region from those schools like Kwang Wah, Shi Chong, Kong Hoe, Chong Cheng, Min Sin, San San...etc.
If you think prices for SB is high, do pop over to Fettes Residence where a 2,000sqft condo is asking for RM1.2mil, i.e. RM600psf, even though it is located at a noisy intersection and sandwiched between a low-cost flats (and a teh tarik stall) and 3-story commercial shoplots with noisy AC compressor.
Check out some statistic from govt on transaction above RM1mil:
http://www.jpph.gov.my/V1/pdf/jutajld21.pdf
Surprisingly low transaction for residential for last half of 2010, only about 100+, and you have to split that between landed and condos.
Any transaction for type A corner unit so far? What is the price now?
Folks, can you guys call up mahsing at 6271888 before asking fundanmental questions? The sales dept has most of the information. Thanks
Managed to sneak in, road has completed, don't see much gardening done. Anyone knows when the vacant possession takes place ?
Verbal told by their staff, they are rushing for VP, hopefully early of June. Basically the layout & surrounding look fine to me. Have any one of you got any good contractors to recommend ?
Anyone has the latest info by when can get the VP/Key
i was at sales office yesterday, they are saying VP/OC/CF by end of month, but thats what they told me in Apr and May
It does make sense.
Ideal lifestyle to those who are working in FIZ.
Disastrous lifestyle to schooling kids.
Subag, you can add June as well. I don't think the VP/OC/Key can obtain by end of June. Haha
hello?!
Hello, sorry to disappoint the Penang Guy, VP/OC has been obtained. It is called CCC.
Whatever bad comments you guy can share, I just sold my typeA corner unit at 30% revenue. Proven it's a good investment after all.
Dear sokohaw,
Congratulations on your profit. I suppose you paid ~RM700k few years ago for the unit, and now just sold it for ~RM1mil. You are very wise to sell now before the price softens when there are more sellers than buyers.
RM700k sounds reasonable for this type of house, by today's standard. But for RM1 mil, that's a little bit stretched I guess. Difficult to make money if you buy at RM1 mil, unless for own stay.
To see if there are more occupiers or speculators in this project, just wait for 9 months and check out how many units with lights on at night.
Type A where you can get for 700K. Type A lots are 24x75 with extra land. If i am not mistaken the cheapest lot for Type A during soft launch also above 1 mil d. So, sokohaw's lot definitely sold more than 1.3 mil based on his 30% profit..
Condomana pls stop trying to be a smart arse!!! The more you think you know & showing off here, the more you will look like a smart arse!
Woops, sounds like HelloHello doesn't like what he hears.
I'll shut up then! ..:)
Adios Amigos. Don't let greed rule your head ya! ;)..Hehe
Agreed with Michael Teh. Min is ~RM950k when launching for corner unit. Condomana must be dreaming of 700k or confused where the SB project is. From your name, condo mania --> why not focus back on your condo instead of sending false info...
purchased at 1.1M, sold at 1.4M+ to be exact....... I believe the price may go up further once those surounding gigantic projects completed. Who dare to say Batu Maung houses can't hit >1M now???
sokohaw, if can go up, then dun sell lar :P
I should be collecting my keys next week or so...just want to know from other owners if there are any common defects that they have noticed...I dont have a good eye for details :(
subaG, pls keep the discussion of defects privately (not in this forum). Those are not good things that owners want to be talking about openly in a forum. kindly leave your email so that people can talk to you privately. others (esp owners) - don't reply on defects here if you know what I mean
SubaG & other owners
Do not listen to this property guy, he is not going to stay there
don't have to believe subaG or me, just believe in yourself as the buyer - do you want to be talking openly about the flaws of your house therefore affecting the value of your property? SubaG, if you are for real, put your email here and let people let you know the flaws they see personally, no need open forum about flaws. thank you.
Hi All,
Don't worry about the defects lah. That is a very minor thing. When times are bad, property price would go down even if the house is 100% defect free. When times are good, even if the house is grossly defective, price still go up! And another dominant factor would e location..:)
I bought the house to stay....not to make a quick buck...
i think the price cannot maintain low... common sense will tell you that if the house is purchased at RM700k or RM800k and assume 6% interest rate, for RM800k house, you need it to appreciate about RM48k every year to sustain this... so if the house already 2 years, then RM100k profit is not really a big deal since you gain about 6% per year?
so condomama, RM700k is not possible to sell at all, that will be selling at a loss... which doesn't make any sense....
its 4.3%. not 6%. small difference though. anyway, it was free interest for the first 2 years :)
I plan to stay, any good reputable, trustable & quality interior designer & renovation contractor, pls send to my email: eagoh7@gmail.com
hey guys, i bought an unit and plan to stay for 2-3years, after that i wanna sell it, isit possible to sell at 1.3million above(approximate to 1.4mil the best)?
and i scared the price was too high and people can't affort, any comments, i scared it hardly to be sold...
By the way, I am one of the purchaser for Southbay. Have collected the keys and not too worry about the defects as Mah Sing did check for defects before handover.
Assumming 4.3% interest rate, the yearly interest is only 34k.
I hv got my keys and checked out my unit. I'm extremely happy with the quality and the finishing. You can tell from the quality that they really emphasize on building a good house and care for the quality.
It's a good piece of product and I'm definitely staying in. The price would definitely go up but I think paying the current price, this is definitely worth every cents of it.
well i got my keys and I must say I am pretty impressed with the quality of the house...just hoping Southbay will be able to enforce homeowners to not over-renovate their houses and put massive auto-gates and all that. I was not even aware there was going to be an alarm system installed, that was a pleasent suprise
tq
happy with the house and agreed with SubaG on the renovation ..keep it standard
Alarm system is provided in the Deed of Mutual Covenants. It is there. No surprise to me.
Mass install alarm system, do you guys really want such thing? If one of the technician turns bad, he can enter your house with the master password. So, good luck guys. :)
@PCG...if wife is unhappy, she can poison husband too, this has not stopped anyone from marrying has it....my point is, it is easy to find a fault in anything and everything
agreed with SubaG. If PGG got so many concern then he can consider to build the house on his own. With this, nobody know what he's doing.
Hi, any good renovator to introduce ?
anyone got any good and reasonable contract for installing kitchen cabinet and grills in penang? thanks
Peter...are u planning on putting grills...I was thinking about it for a while and am thinking of not doing it
wow, penang govt has planned to widen the road at the N-park (towards bayan lepas) to 3 lanes to ease the bottle neck at that area. that means good news to southbay owners because it has easier and faster assess now. couple with the 2nd bridge, i can only see better prospect for SB, be it sale prospect or staying convenient. Now, we need to count on MahSing to ensure that all their plan to develop that area is materialized.
Hi Objective_Opinion,
Is there any access problem now to/from SB? Traffic jam or what?
no traffic jam, but got monster, waiting for Ultraman Tiga to rescue all
Saw the asking price drops to 1 million.
Hi Objective_Opinion,
Oh yes, I have heard about that piece of haunted land on which SB is being built. But I am not the superstitious type...:)
Agree with you, Teo. Some asking prices are even below 1 Mil. Sellers are anxious to let go of their property ASAP due to potential economy downturn. Seems like buyer's market now.
Hi HBR,
It's still not buyer's market, YET. Be patient, you won't get much good deal out there at this moment. Let the speculators starve for a while before putting food in their mouth. They still have fat to burn around their waists..:) Let them put off some weight before feeding them.
Houses are empty, there are few resale buyers, rental yields are low, economy is not going to fly if not falter. Don't worry mate! Just sit back and enjoy your latte first.
Even with asking price below rm1 mil... Even at rm950k... It is still beyond the reach of most of mid-low working class ppl... ;)
Hi Kevin,
Whether it is within or beyond the reach of working class is irrelevant. The fact is, the supply of housing in Penang is much more than "real" demand, judging by the number of unoccupied houses and super low rental yield vs the cost of money in Malaysia.
We will never be able to run away from fundamental economics. Economic distortion will correct itself one day, of course the sooner the better, and later would mean a harder landing. That is why regulatory intervention is crucial to minimize volatility.
Yeah man, makes sense to me. But I am one who does not wish for correction just yet.
Bought business class ticket this year thus inevitably putting myself in the front seat... If the damn plane do crashes, hope we have a damn good pilot to maneuver for softer landing......
where i can find the southbay below 1 million?
everywhere.... for example selling at 998K..
http://www.fullhouse.com.my/property-listing/southbay-for-sale-248992
Hi Southbay Residence owners,
I have just submitted the plan for my back rooftop renovation but was rejected. Reason from the council is because Mahsing submission masterplan is 10 feet but the actual is 9 feet. So this project has been disapprove by the council. Any intermidate owner please confirm from your S&P. My unit is with additional land hence the S&P does not define the actual length.
Thanks.
Hi siamese_cat,what u mean back rooftop? u mean the open space at the 3rd level or u mean the garden outside kitchen on ground?
The land should be 22' x 75' for int. hence backyard should be 10'.
And i heard only 2 access cards were given so far? When purchase, was told maximum 4pcs... How can a 3 stories 6 bedrooms luxury house with only 2 cars?!!! All by public transport in Batu Maung? Or only a couple living in such big house?
just saw a resident add a massive size auto-gate and also an awning at the back that looks like a warong....sigh....guess Mah Sing is not doing a good job enforcing the asthetics that was clearly spelled out...
thot MS wudn't allow reno that involves outer structural change? wonder why it's happening. saw 2 end lot houses demolish the front and side walls plus the gate/fence. another, change the gate to the one exceeded the original height. Guidelines w/o full enforcement? or do I miss sth??
no approval from MPPP, can only install backyard roof 3' from the kitchen wall which is just 1' from the top slab. doesn't serve the purpose!
SB owners, pls lemme know if there's a special grp for the home owners/residents.. sharing is caring..
@Yati...based on your 3' MPPP guideline...looks like quite a few houses ae already violating this...I wonder if this is going to affect the issuing of strata titles...
I am not aware of a SB owners club
Hi Yati,
To solve your issue please request your contractor to go to the council office in KOMTAR and find Mr. Chong. About the guideline renovation please inquire him and I believe more than 3' is not an issue. He will provide you the drawing for renovation and submission which will cost RM3,000 within 1 to 2 weeks for approval. This RM3,000 is call RASUAH. Yet people are hu ha talking good about LGE administration got no RASUAH. What a joke!
The rest of the renovation I also wondering how can they get approval from the council. Answer is please see this Mr. Chong aswell. I believe he has the answer.
FYI previously my backyard roof application was rejected because I did not go to the right channel of people in the council.
I just got a designer which manage to draw my plans for RM 5,000 including the ID and submission for MPPP. quite happy with my design .
Retrenchment cycle already started in Penang FIZ - An US multinational with name starts with "A".
Retrenchment are for those low performers only. That happens all the time. San, you didn't buy? You will be surprised that many of the factory people who bought can pay cash to get the property, it was only 700K then :)
Who is next?
4-Nov-2011
AMD announced yesterday intentions to lay-off 10 per cent of its global workforce, along with the termination of existing contractual agreements, in an effort to make $200 million of operational savings in 2012.
11/3/2011
SAN FRANCISCO—NOR flash memory vendor Spansion Inc. will cut 750 jobs, or about 20 percent of its workforce, in connection with cost-cutting measures announced last week, the company said in a regulatory filing.
Becareful when getting a unit with them
When i bought this house the sales staff told me what u see is what u get .
And i really got it.
1. Mixer tap at powder room is not even pratical to be used.
2. The basin pedestal in cabana room is not install.
3. TNB cabinet next to my gate .
What developer is this as I spend my whole life savings on my first house and this is what I get
developer wont care is your first house or not, they need money that all....
Developer won't care how you complains about them, their mission already accomplished. And after 18 months warranty period gone and they collect their 2.5%, they will say bye bye to buyer. Lawyer, Architect, Engineer, Contractors all are appointed by developer, you think these peoples can against developer??? they also want to "cari makan" remember this is Malaysia Bolih
Buying house is very high risk
buying house is a high risk, not buying a house and missing the boat is HIGHER risk :) like those who didn't get it now
The potential buyers of this project are of those work in FTZ. Order in FTZ slows down dramatically. So, not many potential buyers are around. Should wait and see.
I had initially planned to put water heater storage tanks to take advantage of the rain shower unit in each bathroom. But I have been told by my ID that only the bathtub has piping already installed for hot and cold water while the rest don't have this. Which means I would have to hack and redo the pipings....can aynone confirm this
Yes. Confirmed. My advise is to hack inside the MR 2 wall, so that you will have less tiles to change. Whereas for MR 1, you will to hack directly the tiles, at least 10 tiles.
Southbay Plaza condo is selling at RM800K for only a 1100 sq ft unit. If we based on this calculation, for a 3300 sq ft linked house, how much would it be then ?
800K x 2 = 1.6M ?
800K x 3 = 2.4M ?
Just a wild guess.
no..means the price of Soutbay plaza will drop to 700K :)
I use the reverve methodoloy to calculate.
Southbay Terrace 3,300 sqft = RM 1M
Southbay Plaze 1,100 sqft = RM 1M/3 = RM333K
So, Southbay Plaza is way overpriced.
What a joke.
sorry, when you can offer 1Mil, then the seller can talk :)
Just found out that my Master Bathroom 1 toilet does not come with a ON & OFF switch for the heater . What type of design is this where the house dont have a heater point!
Just got to know the developer will make good the heater point for free. ask them or tell them look for a chinese guy in the office
A Million dorlor property rented to foreign labor?
If it is TRUE...
The speculators must be very desperate.
SAD to say but it is true so far yet to see them damage/pollute any of the facilities.
Later 3pm we will have our own residence meeting about this.
In the SnP stated clearly that this SB residence is for private residential.
I am now seeing the main tenant loading items into the house from my window.
Is anyone who have the correct housing agency name who tell lie to the owners & created annoyed & nuisane. We shall lodge report to the housing department & The Board of Valuers, Appraisers and Estate Agents Malaysia to suspend or terminate their license.
anyone know how much they rent to foreign workers? unless the rental is very high, else don;t see a point why they rent it out...
This house has 6 rooms and each room can sleep at least 3-4 persons on average. It is perfect to rent to foreign worker. Each person is charged RM100 to get ~RM2k rent monthly. So the landlord just need to pay another RM1.5k to make up the RM3.5k monthly repayment to bank.
but still not a good investsment if only rent for RM2k. the investor must be desperate or what...
Dear genuine buyer - Pls check with developer again to find out the latest news on renting to foreign people. We rest our case
After the united of all the house owners & management, with the help of YB, the foreign labour has finally leave SB on Monday. We should still need to find out who is the housing agent behind this, he/she is liar shall take the consequency for this.
Extend our sincere thanks to our MP and Mah Sing management for the great support in resolving this issue. This is also a lesson learnt to all who reads this. We have no prejudice or against on foreign workers, I think they need to find a more suitable locations for shelter.
Based on which housing law that you can evict the tenants?
I understand that no such law exists. The only guideline is there is a limit of number of residents allow in a room.
If I am not mistaken, the ration is 3 people per room. S So, there are 15 people is allowed to stay in a unit of SB Residence.
domastic market for renting is still unmature. if those investors expect to rent out their house at lower price, they will regret after years. remember, those ppl hv differrent in culture with us that cannot maintain our high value properties here. we will ended up lose more in oppotunities cost. besides properties, penang still hv other making money oppotunities.....
Amin - why do you care about that? Isn't it good that they can evict the foreign workers from the house? Their staying there will not help the house price, unless you are hoping for price drop ?? Would you want your place to have foreign workers from indo/bangla stay nearby?
Property Guy, foreigner is not human being? If everyone thinks like you, I think you will still be in China instead of Malaysia.
What will happen if the natives in the early 1900 think that living together with immigrants ( like your forefather) is a shame? Just because you bought some RM800k property means that you are a class above the rest. I am sure you are just another typical MNC low paid engineer. So, dont put yourself too highly, ok?
Where do you live now? If you can agree to 30 bangla be your neighbour staying inside an apartment/house, then only you talk :)
@@Rafeal,
The unit rent to foreigner is from which road and which unit?
Hi All Southbay Owner,
I just bought a unit and now waiting sign SNP. Just to say hello to u all mu future neighbor..
no more indo/bangla staying, moved out.
what about 5 bangla in one house? are you guys ok with that?
Owner does deserve his/her right to rent to anyone as long as he/she does not violate any laws/regulations.
Everywhere has their own community to declare the territory. Of course other nationality with different classes are welcome to stay together provided they can stay without jealousy and creating problem in the community. That 1 is a big no-no!
probably pgkia88’s place is surrounded with bangla/indo that are living together peacefully. Glad to hear that! Mind to share where is the place huh?
Property Guy, where I live or stay is not important. But most important is, I do not DISCRIMINATE others based on their skin colour or Nationality. What you and some of your so called neighbour doing is called DISCRIMINATION. If those Bangla and Indon break the law set by management, I can understand your frustration or protest. But the way you and some of your neigbours protested merely because of their skin colour is really unacceptable.
You have not answer me, if decades ago, the natives protested that your forefather were allowed to stay in Penang, because they are from China, will you be ok with that too?
Stop being a racist, and think too highly of yourself and your property. The property you stay in is a medium class property for Penang standard, so stop acting high class when you are not, will you?
Home,
So Penang should be belongs to whose territory? Are you the sons of natives or sons of migrants? WHat right you have to discriminate other LEGAL MIGRANTS?
Oh Well, since you are curious, I can tell you that my house is directly opposite another house which do construction biz, and they have a lot of foreigner staying in the house. So far, I have been staying there for 8 years, and do not face a single misconduct by the foreigner.
Let me ask you, so if Southbay is rented to some Ang Mo from US or UK, you will be ok with it right?
My advice to you is to stop being pathetic, racist and inferior .
i rent to ang mo and chinese before. somehow i treat the ang mo better than the chinese in many aspects. and i trusted the ang mo will pay my rent on time than the chinese. am i racist? i feel it's natural.
twyeow88,
No you are not racist. As i said before you are inferior. Many Chinese suffer from inferiority complex. Anything Ang Mo or Made in Ang Mo country is good to them.
twyeow88,
Are you also those type of Chinese that will laugh at Ang Mo joke even though you dont really understand it? Or even worse, keep smiling at Ang Mo even though they farted in the lift. Haha, I really pity you. You must be a product of SJKC. :)
Hi twyeow88,
What do you mean you treat ang moh better and chinese (I assume local chinese) worse? Talking politely & nicely to ang mor while shouting & cursing to chinese? Attending to complains from ang moh immediately, while hang up your phone immediately upon hearing complains from chinese? Or giving rent discounts to ang moh while charging chinese double the rent? Or maybe your "definition" of treating ang moh "better" is by way of charging them double the local rent?...:))
Pgkia88, you are so funny. Each land on earth is declared by some1 territory. Even the moon will be segregated into several ground by Super-Power countries. Glad to hear that you are staying in the ideal place where there’s no discrimination & no racist, and you don’t feel inferior also. So I’m so pleased that u found the perfect area that is having good record in 8 years. What a lucky man! But a lot of ppl are struggling to find 1 like urs… hai!!
If you are Chinese (racist statement??), then you should know how hard we need to study in order to touch the gate of so called high-level local uni that is considered affordable for low-income chinese family. Maybe you are rich enough to have high-level of education at other ppl territory. Msg is we are still always being positive at where we are as non-bumi. So don’t be too furious to those who complaint abt the bangla/indo, maybe they have bad experience with these ppl. They are not as lucky as u. That’s y they rather choose G&G.
Anyway, as I mentioned in the previous thread.. I’m glad to stay with other nationality including bangla/indo who can help to maintain the harmonic environment.
Hi pgkia88,
Maybe you shouldn't be too hard on twyeoh88. Elitism and snobbery is fairly prevalent in human society, especially a developing nation like ours (it's much worse in china), for which we place high importance on material and financial wealth possession, as well as social status.
Having said that, I think twyeow88 was not speaking from the angle of social/racial discrimination, but rather from the very pragmatic angle of economic/safety concerns...:)..cheers!
as a matter of fact, yes, i do feel inferior in front of ang mo. at work, they are my boss. after work, they are my customer/tenant. i still live in era that i need to serve them (like colonial time) both at work and after work. but they treat me well, at least for salary increment and rental they think in USD, better than chinese. in that sense, i feel that they are more superior.
condomana,
i mean i treat them better in the aspects of sometimes i offer my maid to clean the place, i allow them more time to pay rent, i offer more chairs even if they don't ask, feel more like talkign to them, etc.
i charge same rent to ang mo and chinese.
30 people in the house, and serving 200 maintanence fees - the math did not work out right.
twyeoh88, in every era the Chinese community sure have a running dog. Remember during the japanese occupation how some Chinese betray their own race because of small monetary gain? Penangites called such people "Chao Kao", same as what we labeled one of our ex-CM.
Property Guy, yes i would agree with you that 30 pax a house is a no-no as it is hazardous to health and also safety issue. But as some members have ask what if its 5-6 bangla per house will you be ok with it? The question is, are you against them because of their nationality or because they squeeze so many people into one house? Thats a huge difference to the problem statement :)
Hi All owner,
Please read your Southbay Residence SnP under THIRD SCHEDULE 2.0 OCCUPANCY.
After reading please feedback what do you understand.
To my understanding Penang Mah Sing does not understand or do not want to understand what does the SnP stated. They should have prevent this to happen in the 1st place.
Making grandfather story want to make police report to chase away this 30 indon/bangla tenants and so on really show their stupidity.
You have a lawyer to issue out a warrant/warning letter once the owner of the residence does not follow the SnP regulations.
You don't need a rocket scientist to think this. That is why there is a law to follow.
If they work at where I work now confirm their GM already kena FIRED.
Pgkia88,有时针刺不到你的身上,你是不会觉得痛的。。。我想华校生不需要你可怜咯。。
aku,
sorry lar, not that i want to look down on SJKC students. But majority of their graduate suffered inferiority complex. Thats a facts you can't deny. SJKC student loves watching Hollywood movies , listening to western music even though they barely understand the content. If they so something that is local or Asian country Made( except Japan and Korea) they will hesitate on buying. But they forgot the fact that China is the power house of manufacturing, and even Apple products are Made from CHina, which they conveniently ingored.
Look at the response from twyeoh88, how he treated his fellow Chinese compared to Ang Mo and you will know why i look down on such people :)
hi people stop throwing your shittish prejudice or stereotypes about races or chinese schools here. do u know this is a property forum ? stick to the topic
let's not use the word inferior. generally, i admire ang mo for their thought process, courage to speak out, objectivity, unbiased, creativity. yes, we can produce the hardware eg. Apple, etc. but not the software or the design. look at email, skype, facebook, oracle, window...who are the inventors. and their 修養, being humble on their lifestyle and willingness to share their wealth with the needy. look at Warren Buffett and Bill Gates
back to the property topic. i personally think this project, is so far the best of all gated terrace in penang. not too big, not too small, near the expressway.
tyeow88 - not because you bought one there?
I wish i had but no
twyeoh88- not too big meh? I personally think too big d.. if only a couple to stay or small family..
TWYeow, i also think that SB is too big for small family with husband & wife, 2 kids and a maid. How do you think about Whitelily Minden Height? smaller size, Gated & guarded, stretegic location, but not next to expressway?
white lily also good but i thought for house, the bigger the better unless you are very old already. my only consideration for buying a house is $$$, never the size. isn't it wonderful to stay in bungalow in Jesselton with 1 acres of land with private lift, swimming pool. btw, moving from 30 to 60 yrs old, people will normally up the size when income and kids grow. only after 60 when kids are married and have their own place, people downsize.
actually southbay is not big lah. it's just that nowadays developers build 3 storeys and it's a hassle to climb the stairs. i like gated landed home because of safety/security reason. otherwise i will go for 2 storeys with bigger piece of land
You can see people setting up businesses along the road towards 2nd link coming from 1st link. That area is going to boom, the view would be splendid..
Malaysians are super rich. With such high car prices (relative to income per capita) and high house price, the car ownership rate is high and people buying properties like hot cakes, and better still, analysts don't see any bubbles at all and market still on the rise....
or are we overlooking anything?
you already pointed out mah - "malaysian are super rich". so, still a lot of cash buyer, where got bubble? just like china 1 to 2 yrs ago, cannot borrow but people still buy. cash mah!
Hi twyeow88,
They can't borrow from licensed banks, but they can borrow easily from shadow banks....:D
Does Southbay Residence available for Unifi? or any ISP u guys use?
no Unify available at batu maung area, the broadband maximum bandwidth can go up to 4mbps only.
Hi Eng,
you might want to check your fact before posting your comment.
SB is ready with Unifi, all cabling has been laid.
100% sure abt this.
I asked TM staff last wk, the answer is NOT ready. property_freedom, can u confirm? tks.
Wat??? No unifi??...aiyoh, Southbay price crashing already loh!!!....:D))
what is wrong with mahsing? many of their sales and marketing have resigned!
Heard it is ready with unifi but TM is not ready, so not ready lor. interesting comment by condomana (which explains why he do condo only :)) . no unifi price can crash! haha
Southbay plaza price increased another 10-20% during official launched, and will that drop the price in residence?
wat lame statement... ready with unfi but tm not ready..
every places also ready with unfi lah but tm not ready...
According from TM staff, batu maung area will be UNIFI ready end of this year.
but china also slowing down, last quarter seen a very damp performance.
Many investors kena sangkut.
hi lim,
out of no where you just post this comment many investors kena sangkut? in fact i don't see any owners posting unit for sale over here, so how can kena sangkut?
:)
Southbay for sale, original RM1.45mil nego.
Interested pls contact Pei Hoon: 016-4992157
Dear Value Purchaser, I've a few units for sale in SOUTHBAY RESIDENCE.
SOUTHBAY RESIDENCE - 3 Storey Link House
Location: Batu Maung
5~10 minutes to Penang 2nd Bridge, Queensbay Mall, Summerton, Bay Avenue, Bayan Bay, Industrial Area, Restaurant, Hawker Center, War Museum and etc...
- LA: 1650'
- BU: 3130'
- Original NEW Unit
- GARDEN VIEW
- 6 Bedrooms, 6 Bathrooms
- Facing North
- SHORT DISTANCE walk to Swimming Pool
- Freehold
For Sale: RM1.36mil
- LA: 1650'
- BU: 3130'
- RENOVATED
- Build in Kitchen Cabinet with Hod & Hob
- 6 Bedrooms, 6 Bathrooms
- Located at comfortable & strategic road
- View to appreciate
- Freehold
For Sale: RM1.4mil
- INTER-CORNER
- LA: 1894 sq.ft
- BU: 3130 sq.ft
- Basic Renovated with Kitchen
- Facing South
- Freehold
For Sale: RM1.6mil
- CORNER
- LA: 3200 sq.ft
- BU: 3130 sq.ft
- FULLY RENOVATED
- FULLY FURNISHED
- 6 Bedrooms, 6 Bathrooms
- NICE LANDSCAPED GARDEN
- Freehold
For Sale: RM2mil
* a few units for sale
Interested kindly contact:
Clovis Chew
016-496 3110
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.
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.
3 Storey corner Unit for sell and Rent. 1.95m, neg. Rent RM3800.
Land area ~3200sqft.
Direct Owner
012-4313913
southbay residence, batu maung >>> RM 1.43 Mil
Renovated unit, Partly Furnished
Call Now !!!
DES 014 - 601 8710
Dear Buyers,
I have few GOOD BUY UNITS on hand
- Land : 1650sf
- Built Up : 3130sf
- Original Condition
- 6 Bedrooms, 6 Bathrooms
- Freehold
For Sale: RM1.38mil
- Land : 1650sf
- Built Up : 3130sf
- Renovated & Furnished
- 6 Bedrooms, 6 Bathrooms
- Freehold
For Sale: RM1.43mil
- Corner Unit
- Land : 4000sf
- Built Up : 3130sf
- Original Conditon
- 6 Bedrooms, 6 Bathrooms
- Freehold
For Sale: RM2mil
Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com
Southbay Residence for Sale:
Fully reno (Spend App. Rm300k)
-Nice location and unit number
-Land area : 1650sqft( 22 x 75 )
-Built up : 3130sqft
-6 bedroom and 6 bathroom
-Able to park 2 cars at the porch.
-Easy acess to 2nd Penang Bridge,school, n bank
For more information or To view the unit, kindly call Kevin 017 4987068
Southbay Residence for Sale: 1.3mil
-Fully reno (Spend App. Rm300k)
-Nice location and unit number (near to club house)
-Land area : 1650sqft( 22 x 75 )
-Built up : 3130sqft
-6 bedroom and 6 bathroom
-Able to park 2 cars at the porch.
-Easy acess to 2nd Penang Bridge,school, n bank
For more information or To view the unit, kindly call Kevin 017 4987068
Hi, to buyers and tenant, i have few unit on hand for sale and rent
to owners, you may contact me if you have any properties for sale or rent,
Kindly call / watsapp / wechat / SMS Nickson Oung from Elite Properties, 014-324 9506 for more information
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Owners who are willing to let go or rent can contact me too. TQ
Southbay Residence for sale:
House Features:-
- Land Area 1920sf (Longer backyard)
- basic renovated
- Built-up 3130sf
- 6+1 rooms with 6 bathrooms.
- Nice condition.
Asking for 1.25 mil only
For more information or To view the unit, kindly call Kevin 017 4987068
Hi, to buyers and tenant, i have few unit on hand for sale and rent
to owners, you may contact me if you have any properties for sale or rent,
Kindly call / watsapp / wechat / SMS Nickson Oung from Elite Properties, 014-324 9506 for more information
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Owners who are willing to let go or rent can contact me too. TQ