Summer Place


Summer Place Condominium by IJM Land is the final residential phase of Bandar Seri Pinang development scheme located at Georgetown, Penang, off the Jelutong Expressway. Summer Place Condominium comprises three blocks with a total of 531 condominium units. Each unit come with spacious built-up area ranging from 1,012 to 1,464 sq.ft.

Property Project : Summer Place
Location : Georgetown, Penang
Property Type : Condominium
Tenure : Leasehold
No. of Blocks : 3
No. of Storeys : 20 & 22
Built-up Area : approx. 1,012 - 1,464 sq.ft.
Total Units : 531
Developer : IJM Properties

1,372 comments«Oldest  ‹Older  1 – 200 of 1372  Newer›  Newest»

May 15, 2008 at 9:21 AMAnonymous

Anyone know when we can place booking on this ?. How about the floor plans ?

 
May 15, 2008 at 1:30 PMAnonymous

where is it located? near the Spring? Initially I was considering the spring but due to too many -ve remarks from the log, I changed my mind. I hope it's not near the spring, then i might be interested. lease hold?

 
May 15, 2008 at 6:40 PMAnonymous

of cos its near the spring. its part of Bandar Seri Pinang project..
i'm one of The Spring buyer.

-ciplak @ C14-

 
May 15, 2008 at 11:44 PMAnonymous

When is it going to launch?

 
May 16, 2008 at 12:52 AMAnonymous

i'm interested too..where can i view d floor plan? launching date? anybody??

 
May 16, 2008 at 4:14 PMAnonymous

if u don't mind, can u share with me why u choose the spring? initially i wanted to buy but due to too many -ve comments. however, there r still a lot of ppl buying. can u share with me ur opinion why u buy? i may consider again if +ve beat the -ve comment.

 
May 16, 2008 at 7:56 PMAnonymous

+ve beat -ve, keep ur money in bank. but maybe bank can also close down, and u will lose your money, so better keep your cash at home, but still maybe thief come in and steal your money

there is always risks, just try to manage it. this is just a blog. anyone can type anything. the only judge is you, just go over to summer place location and find out whats going on there.

 
May 17, 2008 at 10:06 PMAnonymous

summer place were surrounded by low cost and medium cost apartments. Not an ideal place to stay or invest.

 
May 18, 2008 at 12:03 PMAnonymous

comments abound in The Spring blog..perhaps you need to take time to read thru it :-)
few considerations (i did take in the negative ones as well mind you):

1) 2 free carparks (most if not all the condos allocate only 1 carpark with option to purchase limited numbers of space which vary from RM12k to rm18k per parking lot (which is normally limited to upper half condo owners only). for better picture, visit Majestic Height & Putra Place after working hours. Cars are parked everywhere thus clogging the traffic

2) security system similar to baywater

3) low occupancy rate. note that most mid range condos (except Baywater & The Spring) have occupancy of more than 500units

4) location wise, its the most strategic (in between town & FTZ). some might say rubbish hill & sewerage but thats' besides the point i'm mentioning here

5) its a build & sell concept. how many developers out there build their condo to about 80% before selling it? answer is NONE. example: i've considered Oasis before but they're asking us to pay even before they start building the foundation. FYI, the project is stuck in deadlock now..luckily i didnt make my purchase there..

6) IJM uses red brick & quality control is prevalent in its buildings

its still up to u to decide what's the best. at the end of the day, you'll be the one paying for the condo out of yr own wallet.

-ciplak @ C14-

 
May 18, 2008 at 12:08 PMAnonymous

the example of condo with bad traffic congestion should be Regency Heights & Putra Place instead of Majestic Heights..

-ciplak @ C14-

 
May 18, 2008 at 5:19 PMAnonymous

Dear ciplak,

Where did you get all those info about Summer Place ? I called up IJM but they said they are still unable to provide any info about the condo.

I'm not shooting you but just curious. Maybe you read somewhere in some magazines or news. Would like to read it for myself. Maybe there is some more info that you did not mentioned.

Thanks.

 
May 18, 2008 at 6:46 PMAnonymous

hi ciplak, thanks for the input. since summer place is coming up, i believe it should be around the same price and std. I will find out more about summer place first.

 
May 18, 2008 at 10:28 PMAnonymous

Refering to this blog entry:

Dear ciplak,

Where did you get all those info about Summer Place ? I called up IJM but they said they are still unable to provide any info about the condo.

I'm not shooting you but just curious. Maybe you read somewhere in some magazines or news. Would like to read it for myself. Maybe there is some more info that you did not mentioned.

Thanks.


i'm not talking about Summer Place but about plus points of The Spring cos there's one blog entry asking me about the reason i chose The Spring :-)
i'm as blur as u regarding Summer Place but i guess it doesnt matter now that i've made my purchase..

-ciplak @ C14-

 
May 19, 2008 at 12:16 PMAnonymous

hi ciplak,

Don't forget that there is a school coming up beside the Spring. You are going to face the same problem as the others.

Good luck....

 
May 19, 2008 at 2:00 PMAnonymous

yupyup.. knew that before i bought The Spring but it is a gated community so i guess the impact is not that bad.. :-)
have to take that with a pinch of salt though.. :-)
thanks for the pointers...

-ciplak @ C14-

 
May 19, 2008 at 3:36 PMAnonymous

who make up the highest % of the spring purchaser? local investors, foreign inventors, professional in town area or factory professional? just curious. mostly for own stay or rental?

 
May 20, 2008 at 3:51 PMAnonymous

Mostly locals bought SPRING. No mat salleh. Anyway, this section of the blog is for Summer Place. Please go to THE SPRING section to put in your comments.

Stay Happy always k ?

 
May 20, 2008 at 4:26 PMAnonymous

Mat Salleh how to buy? Spring sold out without any advertisement or roadshow. If you visit IJM website, Spring is still in future project...LOL

 
May 20, 2008 at 6:15 PMAnonymous

i thought only 75% sold? r u sure all sold out?

 
May 20, 2008 at 7:12 PMAnonymous

yala... same same la... the other available units are all bumi lots la. How to buy bumi lots ?

Once it is release, sure sold out la. Do you know how many people register to buy the bumi units ?
I heard one unit 10 people queue.


ah soon

 
May 20, 2008 at 11:15 PMAnonymous

Summer Place does have some plus & minus points against The Spring:

+++ pts

- Further away from dump site, sewerage plant, future noisy school & fishermen jetty (escape from smoke, smell & noise)
- Full condo facilities inclusive swimming pool
- Sea view (same as The Spring)
- 2 car parks
- Heard bigger floor size than The Spring
- IJM project, quality assured.

--- pts

- Construction works just started
- Higher density (500 units+)
- Near Sungai Pinang river
- Surrounded by high density medium low cost flats
- Still a lease hold
- bound to be "fried" by speculator again?!

Is it worth to buy? U may judge on it. Above just my humble opinion, don't shoot me.

 
May 21, 2008 at 8:40 PMAnonymous

hi

sorry i am not so sure where is the exact location of this project. Can anyone describe is it near low cost flat further down from left hand side of the spring (ferry view)?

from: June

 
May 21, 2008 at 11:01 PMAnonymous

Yes sir. Go to the promenade, look towards the ferry side, walk until the end. Summer Place condo is at the corner next to sungai pinang river. :-) You won't miss it. They have started pilling works.

 
May 22, 2008 at 8:10 AMAnonymous

wow, that's fast.. thanks for the +ve and -ve comments about Summer Place cos at least u provided a balanced review for both sites..

cheer up guys & girls, u still have more than 1yr to make up yr mind :-) jz that u might have to register with IJM first..the floor space is definately bigger than The Spring..i think 990 Sq ft is the min..

well, i wish all of u best of luck cos i'm gonna sign S&P for The Spring soon.. we might even meet at the promenade soon without even realising it :-D

-ciplak @ C14-

 
May 25, 2008 at 9:47 PMAnonymous

If I were to choose between the spring and summer place, i will take summer place. The balcony has 180dec viewing angle unlike the spring.

My friend bought a unit in the spring too. I asked him why? Every monring, your viewing angle is about 60~75deg only except type E.
You can either see left but not right or right but not left...!

And plus some other -ve points given by some blogger above, Summer place outbeat the spring. That was the reason summer place is launched later.Its structure is much nicer.This is not to promote summber place but i really pity those Spring owners! My friend is selling it for $ but who would want that ?

 
May 26, 2008 at 1:06 AMAnonymous

You are talking about the opposite. IJM launch Spring first because it has more + factor then summer. They are afraid Summer cannot really sell well because it is located between 3-4 blocks of low and low-medium flats. Also there is a mosque nearby. Unlike Spring is located near Nautilus Bay which indirectly that place is considered rich man area or some sort like that.

So Summer Place will be riding on Springs strong sales and take-up.

Its IJM marketing strategy. They are good. They will do Spring nicely cos if not it will affect Summer Place. They will do Summer Place nicely cos if not it will affect The Light Waterfront. It goes on, people see their track record and trust them to deliver.

 
May 26, 2008 at 1:18 AMAnonymous

Nobody want Spring? Maybe you can explain which property project in Penang which is sold-out during its soft-launch with no property fair, exhibition, advertisement and promotion?

Just because you didnt buy it doesnt mean that other people dont like it.

I have never ever heard of people who went to buy a property in Penang queue up at the gate at 3am.
(Who would want that?) This is ghost, alien or animal is it?

If you go to IJM office, they will ask Spring owners if they want to sell off their unit as they are other people who is interested. I got an offer of 12% increase from my buying price but I didnt sell cos I buy for my own stay

 
May 26, 2008 at 10:34 AMAnonymous

hi guys/girls,
i'm a buyer of the spring as well and i would like to second that opinion..if your refer to the spec carefully, the spring layout & facilities are almost similar to bayswater (except for swimming pool though)

ppl might say that i'm biased (yup, i agree that i'm biased to certain degree) but i chose the spring after careful consideration of all the -ve and +ve points of all in-development condos in Pg Island..

IJM is definately riding on the wave of suceess from MetroEast project onwards..perhaps the anonymous person on top should consider the fact the he/she will have to line up 3am in the morning just to get a unit of Summer Place during soft launch..good luck to you

-ciplak @ C14-

 
May 26, 2008 at 12:06 PMAnonymous

I think those who want to buy Summer Place condo should better camp over nite.

Ppl learn through mistake. Those who did not go early for SPRING did not get a chance to buy a unit. I am sure they will be much much earlier than 3am now that they know the demand. I just know I would.

Cheers.
ah soon.

 
May 26, 2008 at 12:45 PMAnonymous

I'm one of those who went there about 5pm when all the units have been sold out...

So sad...

For SummerPlace, this time, I must go there earlier...

 
May 26, 2008 at 2:02 PMAnonymous

Ah Soon,

Not so soon..... correct than people rushing to buy The Spring, mainly because they (~70%) believe The Spring have second value.

If The Spring still can sell well with the second (increase 30~40K), then people will start to Q up for Summer Place.

So, let's see how the well the sub-sales of The Spring. It is too early to to make your statement.

 
May 26, 2008 at 2:02 PMAnonymous

I think Summer will have more competition cos Oasis people who get their 9% back might wanna buy Summer

If you see Oasis spec carefully, its quite poor compared to IJM. Oasis uses sand brick(IJM red), Oasis only 2 aircon points(IJM 4),Oasis S&P states only 700sqft(IJM as per your unit), Oasis extra carpark need to pay and its not side by side, its front to back, Oasis land still squatter staying(Summer piling has begun)
This not apply to Oasis only, I-Regency is also the same

 
May 26, 2008 at 2:33 PMAnonymous

Well, cannot compared I-Regency with Oasis, and event Sumeer Place. I have a unit in I-R. Regarding competative, I-R is:

1. Freehold
2. Lower density
3. Minimum 1200 sf
4. 2X2 tiles
5. side by side car park.
6. 12ft ceiling height.
7. ......

Oasis is different at class, and Summer place so far OK and I do not want to make any comparison here.

 
May 26, 2008 at 5:05 PMAnonymous

To I-Regency guy, please check your SPA

SPA state that the unit built up area is 950 sq ft only but developer will do renovation to extend it to 1200 sq ft after obtain OC for I-Regency

 
May 26, 2008 at 5:28 PMAnonymous

Latest almost completed project is Palm Palladium. I think Palm Palladium more better than Summer Place, The Oasis & I-Regency.

 
May 26, 2008 at 6:55 PMAnonymous

You are right and I am aware. But what you are not aware is the units will be built to the extended size directly. No need to wait for OC. Also, the extended area is inside the S&P as accessory parcel.

No intention to promote I-R here. Just to defense I-R since someone it to Oasis, which I personally feel is a bad choice when I visited their office last Dec'07.

Palm Palladium, no bad, but not easy to access to. Only 1 way out and shared with Taman Utama apartment, U-Garden and some low cost unit plus the landed houses and semi-Ds. Have to wait until a new road connected to Yeap Choy Ee Road beside I-R, and yet not sure whether the new road will be built. Until then, traffic will be a point to concern.

Anyway, both PP and I-R are almost sold out and not available. Summer Place should be the focus here so we can discuss whether it is a project to aim for.

Other than lease hold and the location on reclaim land, maybe a bit high density, I don't see other weakness yet unitl now. Hope IJM will release more information for us to discuss further.

Of course, the good point is, IJM property alway have good second value. Worth to invest.

 
May 27, 2008 at 12:33 AMAnonymous

Anyone has ideas on the finishing details of this apartment? This project looks promising.

Let's wait n see.

 
May 27, 2008 at 12:33 AMAnonymous

Lets not be blind guiding the blind. My grading for houses in town in preference is;
(> means better than).

Delima palace > Bayswater> Palm palladium > the brezza > Regency height > I-Regency > ixora height > d-piazza > summer place > the spring > vista gambier > oasis.

Delima palance & palm palace are still the best as it is low dense and big size. Interior structure are very very nice. Bayswater, the brezza & regency height are in good grading but high dense with about 500units (500u * 3persons). The others are less prefereble.

 
May 27, 2008 at 12:58 AMAnonymous

Delima Palace the best? You got to be joking, go to the actual site, it is DIRECTLY BEHIND KRYSTAL HEIGHTS (the low cost flats in island glades). You spend more than half a million to have low cost flat in front of you blocking your view? And not to mention the terrible parking there and also you can view people hanging their underwear etc

And for your information your choices are not in town area. It is out of town. Please dont misguide people

 
May 27, 2008 at 11:49 AMAnonymous

I observed this guy post the raking on a few blog.
I think the ranking doesn't make sense and narrow view. It is not convincing.
He/ she is not doing a good job in analysis.
If he/ she invest according to this rank, he/ she will regret.

 
May 27, 2008 at 4:54 PMAnonymous

For your information, Spring subsale price is in the range of 40k-50k from original price. Source is a few lawyer firms who already done for the buyer/seller

 
May 27, 2008 at 5:12 PMAnonymous

Serious? Which lawyer firm? Who told you that?

Or are you one of the bulk buyers or IJM staff?

 
May 27, 2008 at 5:27 PMAnonymous

Of course serious, i dont want to tell too much cos my friend is the lawyer who is handling the case. dont want to burden him too much cos many people will ask him later.
he just told me spring subsale 50k and alila from hunza 110k

you can go around some legal firms in Penang and ask and you will know i am not lying

 
May 27, 2008 at 5:41 PMAnonymous

If that the case then not worth buying The Spring anymore... Just can't accept the way IJM doing business by giving priority to the bulk buyers purchase more than 70% and forcing the sub-sale price sky high which doesn't have the value on that place.

Surrounded by low cost flat and 2cows but they think the place is Gurney Drive.

 
May 27, 2008 at 6:14 PMAnonymous

Delima Palace is not so nice. Heard the proposed PORR will cut thru the road in front of the Condo and that condo may be very noisy in the future.

Didn't u all noticed the narrow road entering to the site. Imagine next time when the condo constructed, residents and visitor' cars will be parking at road side and chock up the entrance. Believe me, it may happen too.

Yes, agreed that the way "The Spring" condo being marketed by IJM was annoying.

 
May 27, 2008 at 6:20 PMAnonymous

I dont think there will be PORR in front of Delima Palace because directly in front of Delima Palace is Krystal Heights(low cost flat)!!!

Maybe at the back of Delima Palace.

 
May 27, 2008 at 7:09 PMAnonymous

No right or wrong... It is all depends on what you think or perceive. If the rubbish dump site near to The Spring one day in future able to be converted to urban park, then it will be a very great bonus to those purchasers, as well as future buyers of Summer Place.

 
May 28, 2008 at 1:29 AMAnonymous

i agree that the person who did the ranking doesnt even know what he/she is talking about..

Baywater more than 500units?! he/she must be joking..go read the profile properly..density of Bayswater & The Spring is only 396units..

i think he/she is trying to mislead the rest so that there won't be any competition for Summer Place when it's launched (which is a futile effort for sure)

I'm not a bulk buyer but try to step into the property developer's shoes & take a look outside the box.. as a developer, selling out all units is the main priority irregardless of whether the buyers are bulk buyers or real buyers.

if you're a businessman/women, would you stop someone from buying more of yr product if all u want is profit?

-ciplak @ C14-

 
May 28, 2008 at 10:10 AMAnonymous

ciplak, fair enough. They just need to let all buyers Q up at the same day, not offer to bulk 1 week before soft launch.

 
May 28, 2008 at 10:27 AMAnonymous

hi anonymous on the top, i agree to your statement fullheartedly.. but as a lay person, we can say whatever we want but at the end of the day, its still the IJM's management decision :-(

-ciplak @ C14-

 
May 28, 2008 at 12:18 PMAnonymous

Yes. it is their decision and should accountable for all the critics. We have the right to critic with hope they will do better for the next.

This is a strategy not only to sell but to goreng the "IJM" brand. It is very successful and I am sure Summer Place will going to selling well too. Just sad about this trend.

 
May 28, 2008 at 2:18 PMAnonymous

As long as IJM is still making lots of money, they will carry on this bulk buying trend. If it ain't broken, don't fix it.

There is nothing we can do about it. The market forces are with IJM this time. If we don't buy, others will. No matter what, we are the losers.

 
May 28, 2008 at 2:39 PMAnonymous

hello fren you think IJM the only developer in penang? There are many big gun coming in penang such as Malton, Plenitude, Bolton... All these developer could provide you even more quality than IJM provide...

So guys the game is not on IJM's hand anymore in these days. Please stop all old fashion method... Don't think that the people don't have a choice. C'mon ppl its 2008 now

 
May 28, 2008 at 2:50 PMAnonymous

You left out few developer. SP Setia, CP Land, Mah Sing, MTT Properties

 
May 28, 2008 at 3:03 PMAnonymous

hello anonymous on the top,
its true that developers are aplenty but that's not the only factor we took into consideration..i would say that it is "unfortunate" that IJM's properties happened to be built on "HOT LAND" thus they can command more market volume..

as someone succintly said earlier,


There is nothing we can do about it. The market forces are with IJM this time. If we don't buy, others will. No matter what, we are the losers

-ciplak @ C14-

 
May 28, 2008 at 3:36 PMAnonymous

Although I am not agree on the "Hot Land", but I am happy that the new "New Gurney Drive" will be launching soon.

http://www.kwongwah.com.my/news/2008/05/27/91.html

As Penang people, we have 1 more tourist spot to go for leisure activities.

Will it be cars parking along the way or mostly visited by Bangladesh/ Indonisian, like QueensBay?

 
May 28, 2008 at 3:42 PMAnonymous

i certainly hope not :-|
else gone case already..

-ciplak @ C14-

 
May 28, 2008 at 3:47 PMAnonymous

Currently IJM is the only developer that is strong enough financially to carry out the "Built then Sell" concept.

That is also one of the main reason why people is rushing for IJM projects. Limited risk involved for buyers.

If other developer is able to do that then we might see a change in wind.



~Chin Eng~

 
May 28, 2008 at 3:54 PMAnonymous

This is just a tiny project. Any established developer can do that. If IJM can apply "built then sell" on The Light Waterfront then you call it strong

 
May 28, 2008 at 6:33 PMAnonymous

If I am not mistaken, BSG also applying built and sell concept, and only interest to built semi-D and above. This is an advantage because they can sell the property with current market price instead for the price 2 years ago.

If The Spring sell when it started construction 2 years ago, I guess we can get it < 200K. That's why they never tell you the price in any property fair until this April, so that they can adjust the price according to market trend, and even higher than market price in this case.

 
May 28, 2008 at 9:55 PMAnonymous

wat to do.. IJM is sooo inconsiderate and feed those genuine home hunters to d lurking sharks! sick of tis! but if those major players like bolton, malton, mahsing, cp, spsetia allow us 2 book early is oso a good thing.. so v at least get it cheaper. I think the risk is quite minimal unless u gamble on nusmetro, lereng wira, and don know wat more cakai co.

-m7-

 
May 28, 2008 at 11:08 PMAnonymous

"This is just a tiny project. Any established developer can do that. If IJM can apply "built then sell" on The Light Waterfront then you call it strong"

"Can" and "actually doing it" are 2different things. Well, I guess Malton, Bolton, UDA, Mah Sing and CP are just not established enuff..sad.

 
May 28, 2008 at 11:15 PMAnonymous

to the anonymous who quoted about The Light WaterFront project. in case u didnt know, IJM started reclaiming that area without even selling an inch of the land to start the project..im sure they have solid financial backup to do so..else no one would dare to undertake such an effort..

hi Chin Eng,
nice to see u here..have u sign the SPA? btw, have u written to IJM to enquire regarding the fencing style?

-ciplak @ C14-

 
May 29, 2008 at 12:07 AMAnonymous

Actually IJM is running out of money to built The Light. They sold tesco jelutong and Menara CIMB to raise money and may sell more of their assets. Moreover the change of government make them even suffer more. Thats why their share prices at 12 months low after the GE2008

 
May 29, 2008 at 11:31 AMAnonymous

Good morning ciplak,

Have done all the neccessary. Now waiting for the SPA to be stamped (for EPF) and bank loan agreement to be signed.

I however doubt IJM will listen to our cry about the cheap fencing but it's worth a try.

~Chin Eng~

 
May 29, 2008 at 5:33 PMAnonymous

Ya, I heart some how, IJM hv connectin with BN. Don't true bo....

 
May 29, 2008 at 5:46 PMAnonymous

There is one more apartment even better than this one, Serina Bay, just opposite Summer Place across the highway, selling for RM 180k only (~900 sq ft). New one !

 
May 29, 2008 at 6:05 PMAnonymous

hi blocka,

Serina bay have a lot of issue now!! cannot extend the 700sft house to 900sft and others!! if you are the buyer for Serina bay, please go to check on serina Bay blog. You cannot compare the condo build by IJM with PLB.

 
May 29, 2008 at 9:20 PMAnonymous

"Actually IJM is running out of money to built The Light. They sold tesco jelutong and Menara CIMB to raise money and may sell more of their assets. Moreover the change of government make them even suffer more. Thats why their share prices at 12 months low after the GE2008"

Last i checked IJM had RM650 million in cash and deposits as at 31/03/08. It is the only company besdies E&O to employ a reclaim-build-sell policy. Its Bayswater project was a hit and Spring was madness. U tink dey got no money meh?

 
May 29, 2008 at 9:43 PMAnonymous

I agree. Dun forget about Nautilus Bay dude. If all those sold out units do not make IJM cash rich, I pity other developers whose sold units are only around 5% to 10% on launching day.

By the way, prices of stocks in the Bursa does not reflect the company's financial strength. A not profiting company's price may also go up and up in Bursa. One example is REPCO hitting over $90. Now already delisted from Bursa. PN4.

Mi Lien

 
May 29, 2008 at 9:43 PMAnonymous

Most of the money is use for overseas project. If i not mistaken IJM is slowing down the pace. This is due to the change of government. I don't what goes wrong but there must be something wrong. Maybe some short cut.

First is PGCC then Gurney Paragon. Next is The Light. And your IJM boss didn't tell you that. Pray for your boss... They are coming for IJM

 
May 30, 2008 at 1:18 AMAnonymous

Dear all,

As you can see how proud IJM is. Some even said that "There is nothing we can do about it. The market forces are with IJM this time. If we don't buy, others will. No matter what, we are the losers".

I'm looking forward on how IJM will market Summer Place. A reminder to IJM that Penangites (real buyer) which more needed a house that any bulk buyers and speculators. Their strategy not benefit Rakyat at all. If Summer Place again a money making project for IJM and speculator then what i suggest to bring down IJM, SAY NO TO The Light Waterfront. Since the project is not benefiting the Rakyat and make Rakyat even more burden. I believe sooner or later the government will know how these dirty tactic burden the Rakyat and i believe the govenrment will listen to the Rakyat Voice.

Has The Light Waterfront approved? How The Light Waterfront benefit the Rakyat? Or is it another project that burden most of the Penangites who are looking for a house?

For The Spring case people paying 50K extra just a fews week after the bulk sale to own a unit. They are speculating. You willing to pay extra 50K because of IJM tactic?

Make it fair or else a lot of Penangites will protest The Light Waterfront project.

New Theme
SAY NO TO THE LIGHT WATERFRONT
I provide the theme stickers to put on your cars.

Voice up Rakyat!

 
May 30, 2008 at 1:19 AMAnonymous

yeah..they are coming for IJM..they are coming to camp overnight for the Summer and if you dun follow suit, dun come complaining about missed chances again. ;P

 
May 30, 2008 at 10:16 AMAnonymous

of cos i will say NO to The Light WaterFront..because i can't afford it at all :D

no doubt IJM's sales technique is unethical, but if u can't fight them, then y not join them?

gather ur family or friends & buy units at Summer Place at bulk..
wait,that seems to be a good idea too..hehe..can consider can consider..hahahah

*jz joking..cos pocket also almost dried d :-P*

-ciplak @ C14-

 
May 30, 2008 at 10:24 PMAnonymous

"SAY NO TO THE LIGHT WATERFRONT"??!

What a joke? Please don't pose unnecessary comments & bash on the waterfront project even before IJM launch it. If the project is NOT approved, dare the developer put up a huge billboard across the Jelutong expressway?

If the developer is able to deliver this prestige project and lift up the name of Penang as "Pearl of Orient", Why Not? HOW MANY developer in Malaysia are able to carry out such large scale property township development in Penang (Left of PGCC which is highly controversial)? I saw the planning of "The Light" development and are truly impressive with it.

Look back at other established developers like SP Setia, Mahsing & CP Land, did they build lots of Medium cost apartments for the people of Penang? None! They had mostly built luxuries apartment & landed house to cater for rich folks. That's why IJM's The Spring Condo is selling like hot cake.

I'm confident if IJM maintain building excellence & reasonable price tag on Summer Place, this condo will sell like a hot cake again.

 
May 30, 2008 at 10:54 PMAnonymous

dude, chill out man... these fellows who say no to The Light are the same few who object the Spring and criticise the Summer anyway.. Naturally, if they cant even afford Spring and Summer, they will try to ensure no one gets the Light also lo... sore losers by nature..

 
May 30, 2008 at 11:03 PMAnonymous

Despite the sterling performance, the IJM counter suffered a net loss of RM420.5 million on the back of RM4.6 billion in sales for the year ended March 2008. This was in stark contrast to FY2007, where the company posted a net profit of RM194.3 million from RM2.3 billion in revenue.

http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_2e0d6d9d-cb73c03a-6798eb00-a79dfee0

 
May 30, 2008 at 11:40 PMAnonymous

Although IJM built medium cost apartment to people of Penang but they did not sell it to the needed. They sold to the rich (speculator and bulk buyer) and make ways for them to become richer. What the purposed of building the medium cost apartment when the needed people buying from the rich at a "frying" price? You think IJM care for the people of Penang? Why can't IJM sell the units fairly? If this happen again i'm sure there will be a lot of people in Penang go against the unethical developer.

 
May 31, 2008 at 12:59 AMAnonymous

Yeah! this is a good comment. This is like a bone in the neck. What is the point of building tonnes of low costs apartments and selling to the rich?

Don't be the stereotype. You think IJM is a saint ? this is a capitalist society and profitability comes first. Do you think your welfare is more important? My foot!

 
May 31, 2008 at 11:35 AMAnonymous

IJM's RM420mil loss was due to merger goodwill impairment of RM940mil, a one off expense from its merger with Road Builder Bhd.Its a non-operating expense and its normal for accounting purposes during merger consolidation. Operationally, IJM still makes RM641 million which is sterling results compared to RM194mil in 2007.

Get your facts right and do some research before coming up with comments like this. This is why the financial savvy community are not panicking and you are...

 
May 31, 2008 at 11:40 AMAnonymous

Hey sore losers! Stop whining about IJM's capabilities and judging them based on your understanding of ethics. I bet u guys are the same hypocrites that will camp two days in advance for the Summer later on. If this is yur intention of scaring off potential buyers, come back in a few more months la..the launch not even here yet!

 
May 31, 2008 at 12:12 PMAnonymous

Dear all,

This are my honest comments. I think a lot of ppl TL is becos IJM build medium cost apt but they end up being built faster, looking better and nicer than other so called "full-fledged" condos in Penang, which are either delayed (Vista Gambir / Ixora) or stalled (Oasis). That is why most people are willing to pay a premium on these properties. And with these track records, IJM is able to progress smmothly into the expensive league i.e. the Light without much fuss.

IJM like all profit oriented companies view bottomline as their main concern and whether u like it or not, the money now is in luxury properties, not mid-cost apartments. I think over the past 20 years, IJM has done its share for the Penang community, like low and medium cost apt in Batu Lanchang,Alpine Towers, Bandar Sri Pinang, Ocean View and also the Jelutong Expressway. How the public wants to fry its property price is essentially open market forces.

 
May 31, 2008 at 2:28 PMAnonymous

Hi Jane,

Appreciates your comment with detials. However, do you agree that IJM sell more than 70% units to the speculators privately rather then openly sold it to the public? Do you agree that the rich have the priority to buy at the market price and the average people force to buy it from the speculators at higher price?

Yes we can't stop the rising price on property. But IJM did it in the other way. Their dirty tactics when each time they launched their properties they claimed that their properties would have 30% - 70% appreciation on capital gain just in a short time. All units sold out, selling like hot cakes but most of them sold to speculators to fry their property prices.

They should stop doing that and sell it openly to the public. Many of the average people unable to get a unit, however if they wanted to buy they have to buy at a 'fried' price. I don't called that a open market force but i will called it the dirty tactics from IJM.

I'm not sure if this trend goes the same to others country. Maybe Singaporeans or Hong Kongers would share with us as they are in the same fate in their country.

 
May 31, 2008 at 3:26 PMAnonymous

Hi anonymous above, simple question - If project like Oasis open for bulk buying, would you go if u had the money? Would you think 70% would be snapped up? I dun think so. Simple rationale. Its the company strength and track record. Not the way they sell.

Similiarly if Summer were to go on normal sale later on without priority bulk buying, I am sure there would be havoc as well and those who are left out would then curse and swear again. Simple rule of economics. Demand will always outstrip supply for established developers.

 
May 31, 2008 at 7:14 PMAnonymous

Ya I truly support above statement. Surin, Island Resort, Oasis, The Peak, The Brezza is all open for sale now. Go get your units. They are still affordable from 280k onwards. No need rush, still many units available.

If IJM do soft launch, without bulk buying I am sure non-bumi lots at least 80% sold out in one day

In comparison, the above projects were launched from last year and still got many units left, The Peak launch on chinese new year

So if you all say near flats la, near low cost la, near sewerage la, why you still want to wait and write here? Go and buy the above properties la...

 
May 31, 2008 at 9:20 PMAnonymous

only 80% ?. haha.. I am 100% sure that all units will be sold out inclusive of bumi lots (if the are open for sale) on the first day.

No need bulk buyers. Just look at the queue for THE SPRING. At least 1000++ people come to buy. SPRING have only 396 units.

Some of my friends scolded me because I managed to get a unit but they did not.

 
June 1, 2008 at 2:31 AMAnonymous

which is why there will be alot of bloggers trying to push ahead with their negative reviews up till now..
i'm glad i didnt sign up with Oasis and chose to concentrate and lined up early in the morning in order to get The Spring instead..
i bet the same guy/girl who posted negative comments here will be camping overnight for Summer Place's launch..

-ciplak @ C14-

 
June 1, 2008 at 3:29 PMAnonymous

Personally I think the main allure of The Spring is becos it's a built-and-sell. People get to see the product before paying for it. Expected to get OC in Nov rite? I'm also very attracted to getting to stay in less than 6 months after I pay for it. Heck, some has an even longer waiting period.

Since Summer Palace is likely going to be launched in August, it is unlikely to be built-and-sell then. Property speculators will no doubt made their presence felt in this project. However I dont think the response will be as overwhelming as The Spring.
I was at Platino's soft launch, I'd say maybe 20% of the units are taken up pre-soft launch. (cos i was there early early in the morning on the soft launch) Until today, u can simply jazz up to IJM office and pick a Platino unit... there are plenty left after being launched for so long.
So... this is just my personal opinion. I don't think Summer Palace would have the same stellar success as The Spring. Mainly, it's not built-and-sell. Secondly...there are much more units than The Spring, hence higher supply. And the pockets of property investors are not infinite, they would've plough enough into The Spring. Given its the smae area same developer same market segment, if the investors are worth their salt... the epitome of investments is Diversify Investments, never put all your eggs in the same basket. The same person that sweep 17units in the spring wouldn't likely to be buying any Summer Place. Well unless, he's got a deal with IJM tht they wouldn't launch it until they've got OC and manage to sell off his 17units to raise cash for his second kill at Summer Place huh...

Myx

 
June 1, 2008 at 10:36 PMAnonymous

Myx,

Summer Place will not be launched in August. They will only unveil it to the public. Meaning just introduce it to people then open it for registration like SPRING three years ago. Three years later only that soft launching.

So, those who are interested in this project will have to wait 3 more years before they can actually buy it. Well, just enough time to save up abit.

Cheers mate.

ah soon

 
June 2, 2008 at 12:26 AMAnonymous

Ah Soon,

Are you sure? IJM Properties boss has announced in the newspaper that they will launch it in 3rd quarter with prices from RM250K above. It doesn't make sense to announce a launch with indicative prices when the sale is 3 years away. With the prices of raw materials going on like that, it would be impossible to inform the public now and maintain the price for 3 years.

Also for your info, there was no unveiling of the Spring in the papers 2 years ago. No announcement of whatsoever. But the Summer was heavily publicised.

Based on the above rationale, i think IJM will start selling it in 3rd quarter. Just my opinion. I may be wrong! :)

Cheers!

 
June 2, 2008 at 3:22 AMAnonymous

The Summer Place is already up for registration, how I know? Cos i've registered myself.

I'm not sure if they open it to anybody, i think it helps if you're a customer before, not sure though. And August is wht i heard from the person that registered me.
Of course the date is a dynamic variable. They could change it anytime when new circumstance arises. But the fact is that they have the intention to launch it while the property market is red hot. And it's very unlikely going to be Built-n-sell.
My two cents worth.

 
June 3, 2008 at 9:24 AMAnonymous

oh no... the long kang beside summer place is the end of sungai pinang river

 
June 3, 2008 at 10:30 AMAnonymous

ya ya anonymous on the top, go back to your Oasis blog and start worrying about getting back your money instead of disturbing other ppl's blog..

 
June 5, 2008 at 8:29 PMAnonymous

Aiyo petrol price go up 40%, I dont think they will launch at 250k anymore.....

 
June 6, 2008 at 12:30 AMAnonymous

not only petrol prices. steel and cement too, no ceiling prices liao.. Future properties will be far much expensive. Heard Summer will launch at 280 onwards.

 
June 6, 2008 at 10:32 AMAnonymous

Transportation proice also increased. Soon, all things increased because all need transpotation.

But some people think the property price will drop because not many people afford to buy a property now.

Maybe IJM will postpone the Summer Place launching.

 
June 8, 2008 at 3:56 PMAnonymous

i dun think so. At the rate they are setting up the promenade, clearing the land and getting ready for piling, they are definitely on time. The main issue is the pricing though. With the drastic price rise in construction materials and petrol, i dun think Summer will be cheap anymore, probably RM290K onwards. and if IJM decides to convert to freehold, even more expensive at RM300++ maybe...

 
June 8, 2008 at 10:17 PMAnonymous

I am looking for a property which is bout 1,200 sq ft, <300k, for own use, probably to move in early 2010. Any idea what is my choice?

 
June 9, 2008 at 12:29 AMAnonymous

You can try Sintok Heights at Sintok, Kedah..bungalow of 10,000 sq ft going for RM200,000.

 
June 9, 2008 at 4:12 PMAnonymous

You may buy 2 units of Sri Saujana
from PLB homes at only RM75,000 a unit. 646 sq ft. 2 units = 646 x 2 = 1292 sq ft for only RM150,000

Good idea eh ?. Suit you right ?

http://www.plbhomes.com.my/showcase/saujana/saujana.asp

cheers.

 
June 9, 2008 at 11:02 PMAnonymous

~~Anonymous said...
I am looking for a property which is bout 1,200 sq ft, <300k, for own use, probably to move in early 2010. Any idea what is my choice?~~

Dear friend, if you are looking for a new property in Penang ISLAND now is quite difficult to find 1 at this momment (due to rising construction cost, limited new development, blar blar blar..) but u may able to search from existing completed projects.

For Penang Island, try look for Lakeside Tower (Built by IJM), Regency Height (Built by Palmex - IOI), Mutiara Height Jelutong, Sunny Villa to name a few.

Spend the same $$ u can get a landed property at Butterworth.

Think over it.

Do agree with some bloggers that IJM may launches Summer Place higher than RM250/psf in view of current material fluctuation resulted higher construction cost.

 
June 10, 2008 at 10:04 AMAnonymous

however, if you're working in PG island and staying at Seberang, the petrol & toll will be a killing factor. not to mention the traffic jam day in day out..

-ciplak@ C14-

 
June 11, 2008 at 10:32 AMAnonymous

Yeah, I agree with Ciplak. Not worth to stay in mainland when you are working in Penang island. Fuel cost, toll charges and time. It;s just to much.

 
June 11, 2008 at 5:42 PMAnonymous

when all prices increased, location become more and more important. so, property near the areas for daily activities will be the most popular.

 
June 11, 2008 at 11:11 PMAnonymous

yeah..like the spring lo.. :)

 
June 11, 2008 at 11:44 PMAnonymous

yupyup, i consider myself lucky cos i chose The Spring over Oasis cos now the Oasis project is in deep turmoil. in times like this (high petrol price, high raw material price etc), it is always favourable to buy the built and sell concept cos you'll never know whether the developer will go bust or not.. look at projects such as ixora & vista gambier, purchasers are still worrying if the developer can finish the project or not..
my best guess is that Summer Place will be as hot (if not hotter) than The Spring.

-ciplak @ C14-

 
June 12, 2008 at 1:43 PMAnonymous

Hi, ciplak,

Don't you think that people may freeze the buying due to current inflation?

Also, BLR might increse any time now to fight the inflation. The cost of buying a new property will increased.

I think 6 months down the road, people will wait and see. If there is projects launched within this period, maybe the take up rate will be lower.

I think IJM will build the Summer Place, and sell it 2~3 years later, like The Spring.

 
June 19, 2008 at 12:52 AMAnonymous

hi there,
i hope the government will continue to peg the BLR to its current rate else it will be disastrous to have so many hikes in one year.. :-(

i bet every construction company will feel the pinch especially the ones which quoted their raw material based on previous market value..

Summer Place is a nice spot to target on.. might buy an unit if i have spare budget 2~3yrs later jz for investment purpose :-)

cheers

-ciplak @ C14-

 
June 22, 2008 at 3:00 PMAnonymous

is all units of spring sold out???

 
June 24, 2008 at 10:58 PMAnonymous

Original selling price prediction => RM 250psf;

If we take into account of construction material fluctuation of 25%, NEW price estimated => RM 300-320psf.

Say RM310psf, that easily translate to RM307,000 for a smallest 990sf apartment of SUMMER PLACE.

:ooOOoo sweating now!!! ooOOoo:

INFLATION REALLY KILLS.

 
June 25, 2008 at 1:45 PMAnonymous

ciplak are you one of those assigned by IJM to blog in the Spring & Summer Place blog? All interested buyers beware....take in the positive comments here at your own risks...

 
June 25, 2008 at 2:00 PMAnonymous

Buyers beware,

the Spring & Summer place blog has been infiltrated by professional bloggers under the payroll of IJM. Information given here may have been COMPROMISED!!!!

 
June 25, 2008 at 5:41 PMAnonymous

IJM staff s are calling all who have previously registered for Spring to register their interest for Summer Place. I think they are up to their same gimmick again. Stop the blog here. IJM will build and sell to kawan-kawan again. No need to waste time huh ciplak!!

 
June 25, 2008 at 7:04 PMAnonymous

ciplak is not ijm staff la. He is a real SPRING buyer and resident and he is my fren and neighbour.

:-)

~Chin Eng~

 
June 25, 2008 at 11:07 PMAnonymous

hahaha...ciplak is on IJM payroll?! i can't belive the above statement by the smart anonymous above. then everyone who is giving positive comments on both Spring and Summer Place blogs are on IJM payroll? then IJM pok kai lo! how they pay? RMxxx per comment?
pls justify / clarify your 'payroll' comments as it sound very interesting...who knows. maybe i could earn a few extra bucks here since economy not good...kekeke...

black @ B15

 
June 26, 2008 at 10:40 AMAnonymous

I see, that's make sense "ciplak is on IJM payroll", just wonder why some people so free to post his/her comments so update and live...
hope can find a job like those. What is your company name?

 
June 26, 2008 at 12:48 PMAnonymous

hello to all anonymous who posted your comments about me.. i'm definately not in IJM payroll cos when i checked my bank this morning thru d net, its still the same figure as when i checked it yesterday night :-D

however, i would like to thank all of u in advance for your exceedingly high intellectual capacity :-) i reli admire it..

did u happen to know that there's a device called PDA/smart phone nowadays? or perhaps its a new word to you? i would suggest you to go google for PDA/smart phone now :-)

hi Chin Eng & Black @ B15,
thanks for your help :-) looks like i'm not supposed to post in any other blog other than The Spring :-P i guess i would have to practise self restrain then.. hehe..

ok..going back to The Spring blog it is then...

-ciplak @ C14-

 
June 27, 2008 at 4:24 PMAnonymous

This blog is open to all, why limited to some ppl? even already have other unit, still can get antoher summerplace what.Be urself!

 
July 16, 2008 at 12:58 AMAnonymous

Summer Place

Project Description

1. Located near the Jelutong Expressway, facing directly the new
promenade

2. Total No. of Units : 531

3. Tenure of Land : Leasehold 99 years

4. Built-up area : 990sf to 1440sf

5. No of Parking Bay : 2 Parking Bay per unit

6. Total no. Bedrooms : 3 bedrooms + 2 bathrooms / 4 bedrooms + 3 bathrooms

7. Proposed price : RM300,000 onwards

8. Facilities : Facing / near promenade
Swimming pool & Jacuzzi
Children playground
Gym
Basketball court
Landscape garden
Community hall
Security

9. Brochure : Not Available ( in progress)

Launching expected by 1st quarter of next year end pending management approval.

 
July 16, 2008 at 11:02 AMAnonymous

Went to the site yesterday...their speed of work is crazy, level 1 is coming up soon and around 60-80 people working at almost 10 pm at night...

 
July 17, 2008 at 7:05 PMAnonymous

Anybody knows if Summer is open for sale already? Any booking can be done? Where can I get more information regarding Summer?

Any comments on the community around that area? Heard that it is surrounded by low cost and malay community (those mat rempit kind). Please advise coz I'm not local but would like to purchase a property in Penang as going to settle down here soon.

Thanks.

 
July 18, 2008 at 2:21 PMAnonymous

buy la... just go ahead and buy.

 
July 20, 2008 at 1:23 PMAnonymous

dunno abt the mat rempit cos there are low cost apartments behind the project. but overall that area is prdominantly chinese. if u want the similiar location, go check out the spring, another soon-to-be completed project by IJM. Just 0.5 km down...

 
July 21, 2008 at 10:30 PMAnonymous

i feeel if any 1 get any unit there i am sure u makeing a right investment because i consult one of well knowm FUNG SHUI THAT AREA SAYS IS VERY GOOD.....NOT ONLY 4 STAYING ALSO 4 GOOD BUSINUSS + PROSPEROUS AND GOODLUCK ALL THE WAY.......analyst

 
July 29, 2008 at 3:49 PMAnonymous

How much the maintanance?
Why no floor plan?

 
August 5, 2008 at 10:53 PMAnonymous

May i know where all the SPRING units gone when the soft launch?i heard only a few units left and some of my friend stay oevrnight waiting to buy one but he back home with empty hand. Now even you have money you also won't get the unit. IJM developer, may i know why?

 
August 6, 2008 at 12:10 AMAnonymous

dude, aren't u like 3 months late to complain about such stuff? spring was sold out in May..its August now. The Bumi units i heard will be released soon. U and yur fren better camp overnight earlier this time.. :P

 
August 8, 2008 at 12:57 AMAnonymous

Summer Place surrounded by low cost flats. heard the built up area has been downsized to 960 sq ft, instead of the originally planned 990 sq ft.

 
August 8, 2008 at 3:11 PMAnonymous

can somebody tell me that when will it be launching?

 
August 13, 2008 at 10:40 AMAnonymous

I also curious... got alot of unit in Spring but juz a few ppl only can buy the unit,others just waiting for nothing..
IJM juz want the bulk buyer to take the unit alot, thats y for single buyer not many.. you see The Spring blog, you can see juz a few buyer chat inside n discuss for deco n renovation..

 
August 13, 2008 at 7:16 PMAnonymous

ha ha! u are assuming all spring buyers are bloggers in this blogspot too? shallow lar you...

 
August 14, 2008 at 12:36 PMAnonymous

The Spring buyer a terrible lar.. They think The Spring is perfect??? hahaha.. Juz like low cost flat only..
Ciplak,
I think you are just good in The Spring only. Dont Keppoo to much to others project..
The Spring not do their launching coz they already sold it to bulk buyers.. Only left a few unit for ppl outside.. SO SELFISH..
If The Spring hav a good environment, good facilities n good view its can consider perfect place but this only house at dumpside..everyday you all can get fresh air from dumpsite...

 
August 14, 2008 at 1:03 PMAnonymous

i can understand your feeling, don't give up. you will get a better condo soon just that need to queue early and pay more. sad...

 
August 14, 2008 at 6:42 PMAnonymous

wah u think the spring is the best condo in town kah??

i know it is seaview,less congested, nearby highway 10 minute to goergetown, 10 minute to FIZ, beautiful design, got promenade somemore..

u think im jealous??..go breathe some fresh air from the burning rubbish...

 
August 14, 2008 at 9:59 PMAnonymous

Dumpsite is old story liao la, who care? all units still sold out.Comment some new abt this summer place la,nothing to regret. now i aim for summerplace. i am sure you will go queue ealy in luanch day.

 
August 14, 2008 at 10:34 PMAnonymous

aiya..they jealous mah. either they line up no units or they cannot afford lo.. if not why they so free to sit around ppl's blog to criticize. i bet these are the same ppl who cannot afford the summer either. so pity them...

 
August 15, 2008 at 9:46 AMAnonymous

can anyone tell me roughly when summer place's will be launched ?

I plan to queue over nite (11pm till morning) any one wants to join ?

tua liap

 
August 15, 2008 at 4:56 PMAnonymous

hahaha... who frust cannot get The Spring?? Hapy lar coz The Spring is not the good n perfect condo ma...

If the luxury condo with low price, of course la i get frust...
This juz condo at dumpsite, ci see..
hahahaha....

 
August 16, 2008 at 12:00 AMAnonymous

wah got ppl frust with Spring until cuckoo liao.. its just a condo ok? if u cant afford it, try ocean view down the road.

 
August 16, 2008 at 12:33 AMAnonymous

Actually can ignore this loser la. he did try to said same thing in the spring blog just that couldn't stay longer there.That is the reason he come here.Please save it to urself la. dumpsite is not a concern, they just worry you get nothing from summerplace launching day.

 
August 19, 2008 at 6:47 PMAnonymous

I'm very interested in this Summer Place project. Pls post the information here if any of you guys/gals have it. I missed out on Spring and do not want to make the same mistake again.

During the soft launch of Spring, I under estimated IJM. Never thought that RM250K property can get sold out like hot cakes. This time I want to be the early bird.

Thanks a million.

 
August 21, 2008 at 11:50 AMAnonymous

Who care about getting The Spring or not.. For me The Spring is not in my list.. The land juz bside dumpsite,no fresh air will coming juz rubbish air for you all The Spring Neigbourh00d...hahahaha.. Sad to your family membrs will get sick with this rubbish air..

I think you all must accept the reality, The Spring is juz same like flat or appartment only.. If condo you all should get more facilities, swimming p00l juz simple facility also dont have...
Live hapily to you all neigbourh00d of The Spring..

 
August 21, 2008 at 12:26 PMAnonymous

Brother,

This section of the blog is for Summer Place not SPRING. This shows you are not observant. And if you are so blur, how can your comments carry weight ?.

If you don't know the difference between summer place and spring, pls don't post anything. Even their names are already so much different.

Thanks you.

 
August 21, 2008 at 10:54 PMAnonymous

not nice to curse anyone's family who purchased the spring with sickness. and i certainly do hope your family don't have any sickness.
dang! what's with your attitude?

 
August 22, 2008 at 1:06 AMAnonymous

can you please move to the spring blog to show your unhapply feel to the spring?we are interesting on summerplace only. thanks

 
August 22, 2008 at 6:03 PMAnonymous

Whether its the Spring or Summer Place or Oceanview or whatever condo in Penang, they will sell like hotcakes. Everyone of them will give you good returns for your money. Better than putting your money in the bank. I have bought and sold apartments around the Sri Pinang, JE Highway area and made double digits percentage per annum profit from my investments as compared to the banks. There are NO negative aspects to buying properties, even in the Sg Pinang area. The only negative side to it is money. I wish i had more money, so that i can get to buy more of them.

 
August 23, 2008 at 5:48 PMAnonymous

Yes, we should all listen to the expert, don't buy one but borong all; you are so transparent!

 
August 24, 2008 at 9:37 AMAnonymous

what is should like that

 
August 25, 2008 at 3:58 PMAnonymous

who want to buy ?


-ciplak @ C14-

 
August 25, 2008 at 5:40 PMAnonymous

Wah u want to buy ah Ciplak? Sure concept like Spring build until wanna finish then only sell..already start building on 3rd floor

-Shana @ E10-

 
August 25, 2008 at 10:31 PMAnonymous

Buy what ?. I am confused.!!!

 
August 26, 2008 at 12:28 AMAnonymous

This proect is so wonderful, it couldn't go any wrong to buy one. This project should be priced at minimum RM400psf to reflect it excellent location, nice view,reputable developer, good facilities, nice layout, prestige neighbourhood... wah, so many good points... should be RM450psf and above... Don't miss out.

For those unlucky one like me and many others failed to buy IJM great projects like the Spring or The Summer, put your money in good use by buying more IJM shares, bcs we have a big pool of penang folks undivided supports. While they celebrate OC and speculated profit, we just laugh with our in hand profit made, all thanks to their kindness. Timing is really important.

 
August 26, 2008 at 11:18 PMAnonymous

hmm..sarcasm is in the air..what's the above comment all about?

 
August 26, 2008 at 11:46 PMAnonymous

hi Shana,
don't bother replying in Sumnmer Place cos i've stopped doing that months ago.. the person using my nick in Summer Place blog is obviously of low mental capability or perhaps he/she is born that way cos he/she can't think of any other nick to be used. pity that person.. haiii...

-ciplak @ C14-

 
September 11, 2008 at 10:04 AMlydia

Y still no layout floor plan for this Summer?

 
September 29, 2008 at 6:03 PMUnknown

still no floor plan yet? so long d...

 
October 7, 2008 at 12:19 PMUnknown

IJM please update this blog.. i interested to buy this condo but i want to hav a look at the floor plan.
Tq

 
October 10, 2008 at 3:32 PMUnknown

What the price for this condo?

 
October 11, 2008 at 9:24 PMP

I've check with IJM today and the salesgirl - Nellie inform me that the price is around RM330sqf depend on the size of your unit.Min size is 980sqf onwards.Price is subject to change since they had not yet launch.

 
October 14, 2008 at 6:13 PMUnknown

seems that this project would be at least RM300K? and its going to be leasehold as well i believe...

 
October 17, 2008 at 2:01 PMUnknown

I also check this Summer will be under leasehold only... Not worth it lor.. but the price still expensive..

 
October 22, 2008 at 10:14 AMTKL

Anyone knows when this project will be launched ?. I am interested and do want to miss it.

Thanks

 
October 22, 2008 at 10:59 AMUnknown

Next year only they will launched.. Show unit mayb they extimate on Dec this year.. Try col their ofis and ask..

 
October 22, 2008 at 3:49 PMUnknown

already visited ijm office, asked questions. visited the site too. afterthat I say Forget it! The condo is flanked by 2 blocks low cost high density (900 units per block) + 1 block low med cost (400+ unit) + other high rise AND the deep blue (or grey) sea! Only one access road! Scary to drive there esp at night.

 
October 22, 2008 at 3:52 PMUnknown

Already visited ijm office. also went to the site. After that I say Forget It! Do u know the condo is flanked between the deep blue sea and a whole bunch of high rise - 2 blocks low cost (900 units each block), 1 block low med cost (400+ units) plus other high rise. And only ONE access road! Scary if you go there at night.

 
November 9, 2008 at 12:09 AMP

I was informed by IJM Sales that will build Mosque in the empty land between Desa pinang and Summer place.It was just a walking distance from Summer place to Mosque...

 
November 26, 2008 at 4:23 PMZulkifli

sorry p my saleman say its not mosque only surau.

 
November 29, 2008 at 11:36 PMP

Hi Zul,I've call up the IJM salesman,Mr.Ong inform me that the land reserve for Mosque not surau.Anyway,how much the price and when will launch it?

 
December 21, 2008 at 8:39 PMAnonymous

sea view 290k onwards.

 
December 21, 2008 at 8:54 PMAnonymous

To wassup.
You always mension about low cost flat. Is it the people who stay in low cost flat is not a human is an alien?why so affraid of them?

 
December 22, 2008 at 10:55 AMAnonymous

I agreed...why afraid? you will have cheaper food and retail shops within walking distance...It will be a lively town rather than a graveyard...

 
December 23, 2008 at 2:32 PMAnonymous

Can anyone advise when will be launch?I've check with IJM Sales personel inform is next yrs 2009.Any idea which month???

 
December 24, 2008 at 5:09 PMAnonymous

IJM haven't decided when to launch Summer Place due to current economic slowdown. Demand for project ranging >RM300k have been significant decrease lately. Hence, expected the launching will not be so soon. But construction of Summer Place will continue.

 
January 2, 2009 at 2:18 AMAnonymous

today news Lim Guan Eng Said over 75k house cannot change to freehold

 
January 2, 2009 at 12:30 PMAnonymous

will this be a good investment, seeing that 2009 will be a slower year for Malaysia?

 
January 2, 2009 at 11:56 PMAnonymous

This is not a good investment as this project is beside low cost area and Mosque land.

 
January 7, 2009 at 12:28 PMAnonymous

Wat is the prob if beside the low cost area?? You are s00000 high class? I think you better buy a house in the jungle.. only your house there so no low cost and no mosque, chinese temple or indian temple.. you will be s000000000 peacefull in the jungle.

 
January 9, 2009 at 5:17 PMUnknown

I when to IJM office the launching will be after Chinese New. They will send invitation but we must register at IJM office...

 
January 14, 2009 at 3:59 PMAnonymous

Dude , dun be too emotional ,i believe nobody mean to look down ppl who live in low cost area...ppl who spend >RM300 for one condo sure hoping to have lower density and better environment area ; Location is improtant factor for price appreciation in future ... It's not about low class and high class , we are talking about investment $$$ take it easy man ...

Cheer~~

 
January 15, 2009 at 11:53 AMP

I'm agree with YSTAN.if our surrounding area/building will influence our property price and return in investment will be affected.

 
February 3, 2009 at 1:30 AMUnknown

Hi everyone here, frankly to say that if you treat it as an investment, then it is a business, everything is dollar sense. Therefore, nobody means to be prejudiced.

Everyone serves their rights to get an ideal home for themselve or their family or even rate of return for an investment.

It's actaully depends on which angle you looking on a property.

If we look it from a economic angle, according to matket's demand and supply forces, the properties will be eased gradually to a level where it deserves to be. Do you think those bulk buyer or speculators need no to service their cost of fund and willing to sit there and wait for buyer go to them for 10 years or even more?

we assume that, if market outlook keep gloomy and deepen further, then the properties prices should have adjusted accordingly.

Cheers for those own a unit in the said project, you are great.

For those you are still pending decision whether go for it or not, wish you good luck ahead in a golden ox year.

CST

 
February 3, 2009 at 10:32 AMLoh

For those up there, dont quarrel over such small matter. Nowadays, we are live in mid-advanced country. The trend and style(various) is created by ourself and some more we are lucky to talk about "HOME". So, everythings is depends on you how to adapt. Nothing gonna be changed if you dont changed.

 
February 5, 2009 at 10:04 AMgim

hey guys, do u know when they launch this project??

 
February 14, 2009 at 11:24 AMAnonymous

Summer Place is expected to do the soft launch on Feb 21. Bulk buyers, min 2 units an above. latest price is RM 290psf, maintenance, 0.16 psf, 4 types, 1000 sqf, 1300 sqf, 1400 sqf and 1500 sqf. AP not obtained so no brocure. floor plan available at Ground Floor Menara IJMland, next to tesco. soft launch only selling 2/3 blocks. last block will only be release later.

 
February 17, 2009 at 10:09 PMUnknown

I went to see the display model lately. The building outlook is quite nice & similar to Bayswater. Having a sense of expensive & exclusive feel.

Good effort.

 
February 18, 2009 at 7:55 PMkenD

Haha... not "laku" here. TOO EXPENSIVE

 
February 18, 2009 at 7:58 PMkenD

only the rich can buy such as those bulk buyers...

 
February 19, 2009 at 9:22 PMTM

Went to the construction site and round the surrounding area there and feel that traffic that quite messy as the residents cars from The ocean view, the food court and market just simply park/stop their car around as maybe the low cost condo still not fully occupied yet. Curious whether worth to buy at 280k. Maybe some ppl feel worth it for the overall design and facilities that provided by developer.

 
February 25, 2009 at 10:30 AMKK88

is it dangerous to buy property next to riverbed? I'm just scared there'll be water seeping underneath the condo and causing a void area. Furthermore, water keep on washing away the soil and causing instability in 10 or more years? Any engineer here to comment?

 
March 9, 2009 at 11:13 AMAdnilong

Summer Place is FREEHOLD? or LEASEHOLD? tx.

 
March 10, 2009 at 2:58 PMUnknown

leasehold..

 
March 13, 2009 at 10:17 PMUnknown

how was the bulk buyer sales? anybody can confirm

 
March 13, 2009 at 10:21 PMUnknown

hope to get a good unit and a great sales person tomorrow

 
March 14, 2009 at 12:34 PMMs Hong

they are launching summer place officially today!

 
March 14, 2009 at 5:49 PMUnknown

thats old news. i am sure u have made sure u got one unit today before telling the world :)

anyway, how many ppl like to buy type A vs C? i am trying to see the market response to this property

 
March 14, 2009 at 5:51 PMUnknown

after all the complains about 'tak laku', ppl came as early as 8pm yestreday to queue for >12 hours :) and it was jammed packed today. got ppl hire the bangla to queue on their behalf also (pay each person RM200), really duno what to say.

anyone got any units? dun ke si ke si, i saw a lot of you there today ;)

 
March 14, 2009 at 5:58 PMUnknown

Did anybody get a dream home ?

 
March 14, 2009 at 6:01 PMUnknown

quite good today . I wanted to buy only type C but what to do ..habis liau..so go home tidur..Type A too mahal for future sub sale i guess

 
March 14, 2009 at 11:16 PMUnknown

I was about to book a unit of type C here later changed my mind after dropped a visit to the site where a huge mosque is said will be built very close to SP in addition surrounded by newly obtained OC low-cost flats in which will leave impact on the property sub-sale price in near future.

 
March 14, 2009 at 11:18 PMUnknown

Anyone know the details and price?

 
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