The Light Linear

Light Linear @ The Light Waterfront situated along the eastern coastline of Penang Island. Just 10 minutes away from Georgetown via Jelutong Expressway and a stone throw away from the Penang Bridge.

Light Linear consists of two 17-storey condominium blocks and has a total of 328 units. These seaview condominiums has a spacious built-up area approximately 1,500 sqft.

Property Project : Light Linear @ The Light Waterfront
Location : along Coastal Highway, Gelugor (Property for sale & rent in Gelugor)
Property Type : Condominium (Condominium for sale & rent)
No. of Blocks : 2
No. of Storey : 17
Built-up Area : approx. 1,475 - 1,561 sq.ft.
Total Units : 328
Developer : IJM Land

Light Linear Floor Plan Type A

Light Linear Floor Plan Type B

Light Linear Floor Plan Type C

Light Linear Floor Plan Type D

Light Linear Floor Plan Type E

Light Linear Floor Plan Type F

Light Linear Facilities

The Light Waterfront Masterplan

«Oldest ‹Older 1 – 200 of 214 Newer› Newest» 214 comments:

April 8, 2009 10:22 PM SY said...: Very nice looking but I bet it will leasehold. I heard that they use modern method to reclaim the land but sucking out the water from below to stable the reclaim land.
April 9, 2009 10:42 AM Shuy said...: Please be informed that this is a Freehold project.
April 9, 2009 10:56 AM ganchinseng said...: How much the price?
April 9, 2009 11:08 AM Ken said...: Just imagine... Bayswater 1313 sf is selling at RM550K what do you think Light Linear selling price? RM400 psf?

400 X 1500 = RM600,000.00
April 9, 2009 12:56 PM PenangGuy said...: Another project for the RICH!
April 9, 2009 1:14 PM central said...: would one buy an apartment at the regency (1.6-1.9 for a 4000sqft ie 450/sq ft)in gurney drive or a seafront condo in Cove(1.4-2 million for 6000sq ft ie 300-400/sq ft)or bayswater at 450/sq ft according to the assertion that it will cost 1/2 million for a 1300 sq ft apartment?

it is really extraordinary that a not so prime piece of property is more expensive than one better situated/located in the island!
perhaps its no more fashionable to be seen in gurney drive or tanjung bungah instead!!!
welcome to the new playground for penangnites
April 9, 2009 3:00 PM dt said...: The land price at Gelugor is much cheaper than those in Gurney Drive. But the selling price for a condo is higher (Bayswater). This indicate that the condo is overpriced.

The site at Gelugor or the so call "Metro East" (for brand name purposed) should be around 330 - 350 psf.

Somehow there are people do called themselves an investor bought Bayswater for an overprice. For that reason many think IJM property is always a good investment but what i can see is their projects are overpriced such as platino, summer, nautilus bay... and the up coming Light Linear.

Conclusion, although IJM is a reputable developer but selling RM400 psf at Gelugor is definately overpriced. If the selling price is around RM330 psf then you can consider.
April 9, 2009 3:32 PM dt said...: For new launch, RM300 psf should be the fair price.
April 9, 2009 4:45 PM Bryan said...: I tot the price confirmed at 380/sf, or minimum 535K? I think a lot of people will rush for the units for 300~330/sf (below 500K).
April 9, 2009 5:37 PM dt said...: Hi Bryan,

If you think RM380 psf or min RM535K is a good deal then go ahead and buy it.

As i said it is overprice, Gelugor area 330psf is already on the high side.

Same as Reflection by SP Setia, Sg. Ara area should be around 260psf and SP trying to sell 330psf which is overprice.

Mutiara Pica price is more reasonable than both Light and Reflection. The value of the area around 280psf and Mutiara Pica is sellling 285psf
April 9, 2009 6:14 PM Bryan said...: Hi, DT,

I except some respect when your are putting some comments in the blog. This is basic requirement.

The price is not by what you said. If this project selling at 300~330/sf, I will seriously consider it. I'm even consider for the 380/sf, just budget not anough and timing not right. I can see the future value of this project. This location is far more ideal comapred to Sg Ara. Mutiara Pica should be a good one, but you really like the surroundding and the developer?

Transection make the market price, and like it or not, Bayswater is at the price you think overpriced.

You can keep on shouting on the project as overpriced, and I really hope it be sell at 300~330/sf, but I don't think this could help!

Just hope the current recession will bring down the price. Pray hard!
April 9, 2009 6:34 PM Jason said...: Anyone know when is the launching and how much is the estimated maintenance cost?
April 10, 2009 11:49 AM SY said...: I doubt the developer will reduce the price any way. All the properties developer in Penang are like one gang, if want to reduce price all will have to follow but I this case I don't think so, since they are all very happy ripping huge profits.
April 10, 2009 10:09 PM Angus said...: Definitely a nice property, I wonder if it would be like the spring and summer place where buyers queing up as early as 5am to get the best unit. RM350/sqf for freehold wud b reasonable lah... jz that Jelutong expressway view would be jiat lat!
April 20, 2009 2:22 PM MONSTER MIKE said...: halo!! do anyones know this project is leasehold or freehold?

thanks
April 20, 2009 2:38 PM nic said...: Freehold.
April 28, 2009 12:04 PM Anglo Wax said...: This comment has been removed by the author.
April 28, 2009 12:08 PM Anglo Wax said...: The price for this Linear is RM450.00 psf if I am not mistaken. This project is consider super luxirious living area.

The most expensive is the collection at the water front. I was told IJM had sold all units to Hollywood satrs. If you have been to Singapore Sentosa Cove, you must be shock of the prices.
April 28, 2009 12:24 PM OL said...: dear Anglo,

Are you sure the price per sq ft is RM450psf and where do you get the info from. Maybe not the light linear.
May 2, 2009 3:02 PM winnie said...: Dear all, don't you all worry about this IJM? The Spring has been getting a lot of complaints from the buyers because of the 'super long' delay of obtaining the VP/OC. Go and take a look at the blog for The Spring.
May 3, 2009 4:22 PM Eric said...: This comment has been removed by the author.
May 7, 2009 3:24 PM Stephanie said...: Hi Eric, I can feel your desperation.
May 7, 2009 4:26 PM nic said...: anyone hv the light linear latest news? when is the soft launch?
May 9, 2009 10:52 PM Millie said...: anyone know how much the price?
May 14, 2009 9:53 PM goondu said...: Here's the details from the developer. Soft launch in June or July 09.

Project : The Light Linear
Project Type : Condominium
Land Area : 7.7acres
Built Up Size : 1,475sq.ft – 1,561sq.ft
Bedrooms : 3 bedrooms & 1 utility room
Bathroom : 3
Total Units : 328units
Total Blocks : 2blocks comprising of 4 towers
Total Storey : 17storey (6units per typical floor)
Land Tenure : Freehold
Estimated selling price : RM 530k onwards
Car parks : 2 car parking bay per unit inclusive of 1 locker
Others : Gated community with secure lobby and alarm system
Entry through access cards
Facilities – Swimming Pool, Basketball Court ,
Gymnasium, Jogging Track, Green Park , Putting Green.

If not for the mess I have had with Ivory Island Resort, I would seriously give a thought on this. Unfortunately my first and probably last only experience with the 'self proclaimed' most established Northern Malaysia developer has seriously dented my confidence on Malaysian developers. I would now rather consider 'OC Ready' or 'OC Obtained' projects instead.
May 15, 2009 10:09 AM SI said...: Appreciate anyone can explain how safe/unsafe this property on reclaimed land is? Some have told me main bldg is safe but surrounding areas may sink a bit as years go by which is what I have read happening in Sri Tanjung. I notice Queensbay external carpark also have lots of potholes. tks.
June 7, 2009 6:05 PM Fisol said...: sure it is a prestige project..
June 16, 2009 4:26 PM calson said...: It is a nice project for IJM and IJMLand... Another opportunity for RICH group... How much people afford to purchase a unit with Rm500k and above?
June 17, 2009 12:53 PM Joanna said...: Hi SI, you are right, the building would not have any problem on sinking but the surrounding land will definetly sink like the one built by IJM at Harbour Trade Centre, the land and building now is at least 3 feet apart.
July 2, 2009 5:06 PM CL said...: No matter what latest technology used, reclaimed land is reclaimed land. Subsidence is bound to happen. Only piled area will be safer but still at risk. At Sri Tg Pinang by E & O, the houses completed encountered subsidence which affected EVEN THE PILED AREA! not to mention those unpiled ground. Those old row of shops at Bayan Bay suffer roof leakage problem because these are also built on reclaimed land. When subsidence happened, affects the roof and thus leaking will be the never ending problem.
July 7, 2009 2:03 PM yue ming said...: There are plenty of projects will be carried out after the Linear Light. You may need to get prepared to suffer with the noise and dust for the first few years.
July 15, 2009 2:54 PM jeremy tan said...: I couldn't agree more with Joanna,CL and yue ming. I went to IJM 16th floor with my uncle(an architect) to have a look at the light project. A few things that he commented on:
1) The light project will be build on reclaim land which is less than 1 year old. If you notice most of the recent projects done by IJM are on reclaim land. If there's anything we can learn from this would be the E&O project. Look at the infrastructure around it. Roads are sinking,even the building is facing subsidence. Queensbay mall outdoor car park with plenty of potholes is a good example as well.
2) The light will be located just in front of the jelutong express way....very noisy 24/7 and there will certainly be pollution from the exhaust fumes from the vehicles.
3) Did you know that the light linear does not share the same gated community as light point and the other light collectives in the future? It is by itself in terms of facilities.
4) View for the lower floors are certainly affected. You have to at least get the 11th floor onwards to secure a sea view
5)The building are so close to each other, very dense, you can forget about privacy.
6)Sunset or sunrise nowadays in penang is the same. Morning sun is hot and afternoon sun is hot as well.
7)THE MOST IMPORTANT POINT is that the accessibility to that area. If you are coming from the mainland you will have to make one big round into e-gate and all the way back into the opposite direction of jelutong express way before you can enter the light. They claim a fly over will be built in the future...i asked how long?.....in 8-10 years time!!!!!Its not even a guarantee! As for the moment, those people living there will have to deal with the cumbersome road system. Not to mention IJM has a history of not planning for the roads that leads in and out from its projects.
8) For the price you are paying for the light linear the design certainly looks low cost. I am not too sure about the interior quality but from outside it looks plain and normal.
9) You will have to deal with all the construction that takes place after the completion of your condominium......the whole project is about 15 years.
10) Location wise is ok. If you let me choose i would prefer e-gate.....bayswater,platino,pearl regency etc) It is more established. It is not build on reclaim land which is not even a year old.
Try picturing that they will be building your condo first and at the same time the land will be reclaim progressively for the light point and light collectives.

I heard so much about all the speculations about this project. I suggest you do your homework first before you decide to place your money there. Nevertheless, for those who have plenty of cash, go ahead and speculate since you can afford it.

Kind regards,
Jeremy
July 15, 2009 5:33 PM SI said...: Any engineers out there who can shed some light on this topic? I am sure IJM would have done their homework before embarking on this project.
July 16, 2009 12:01 PM jeremy tan said...: Dear SI, like what you have said before, the main buildings will be ok however the infrastructure around it will be affected drastically! The reclaim land is only 1 year old.
I remember asking the engineers who was in charge of the E&O project, they said that no matter how good the pilling is or how new the technology they have, it is still a reclaim land and subsidence will surely occur.
I am not saying it is not a good buy but it is certainly a risk that the buyer has to make.
We can never predict the future however with the given facts we have we can make a rational decision.
Cheers,
Jeremy
July 18, 2009 12:54 AM ToeBear said...: I totally agree with Jeremy and I wanna say thanks for sharing all the information as they are certainly useful for someone like me who's considering it... :)
for now based on my homework and your info, it appears that the cons are more than pros hence the question now lies with the price...If above RM500k, its probably not that valuble for investors since this is the very first project.
July 18, 2009 9:36 AM SI said...: Jeremy, tks for the info.
ToeBear, the price is definitely more than 500k.
July 19, 2009 1:54 PM the thinker said...: Pretty true with the points you all made. Further to that; this project was said to be offering a new standard of living but the residents of light linear or point are not allowed to share the ‘common properties’ so-called the beaches attached to this whole parcel. Didn’t the light, point and those bungalows were built on the same parcel of land. When this developer loudly promoted the linear, yes, the prices were thought to be inclusive of the cost of owning this new concept. Then why were the residents of condo deprived of their rights? What is this? Apartheid ?

Besides, why will the developer built the light linear or point alongside the busiest and nosiest road? I think that it could be built in disguise to filter the noise pollution against those bungalows in front of them. Just imagine if there was no high rise, will any buyer think of buying those houses costing them millions of ringgit and putting themselves in distress caused by the noise? Are we saviors? Being saviors to others but paying the cost of suffering noise disturbance when you walk to the garden facing the main road every morning and evening ?
July 24, 2009 9:16 AM thunder said...: Hi all :

latest info. i have received the invitation for soft launch. 28-July soft launch for bulk buyers ( 3 unit and above) and Aug 1-soft launch for petty buyer like us. Expected 10% discount during soft launch, of course some not so good unit.

but we really need to think twice because the place will have construction activities for next 10 years before u ahve peace finally...

the property price will not increase so fast i am afraid. the moment it want to increase, it is already 10 years old...ha ha
July 24, 2009 10:31 PM 9083 said...: thunder, you are "chia bo tio pu to kong pu to sui" (in hokkien).
July 25, 2009 3:47 PM Elmo said...: haha 9083, thanks for saying that. I think all these thunder la, jeremy la, the thinker la, toebear la, all same person kut. satu nyanyi satu tepuk tangan, rhythmic one. hate to say this, but sometimes life is just not fair, we can continue to sulk n complain, the rich keeps getting richer, that's the sad truth of life.
July 25, 2009 4:05 PM jeremy tan said...: Elmo, you can tell from the way i write is very different from the way the rest type. My grammar is certainly better.

CHeers,
Jeremy
July 29, 2009 1:15 PM SI said...: Well, just been to the bulk buyers launch, for single unit purchasers like myself, we can just dream about it. The response was so good, the board was almost filled up, and there are still bulk purchasers waiting for their turns. Some buying up as many as 10 units. Personally I feel that IJM should not allow this to happen as these ppl will jack up the prices and at the same time deprive those who can afford only a single unit and who genuinely want to live there. But then again to the developer, it's just business sense to sell as many as fast as they can. Sighh.. there goes my waterfront living.
July 29, 2009 1:33 PM kenD said...: 1 unit = 500K
10 units = 5 mil

Who are these people?
July 29, 2009 1:46 PM Mr.Business said...: Total units 328. Anyone who how many units have been bought by bulk buyers?
July 29, 2009 2:03 PM SI said...: When I asked, they said roughly 150 units confirmed sold, with other bulk purchasers still waiting their turns. When I saw that there were at least 20 waiting to ballot for their 3 units, I left. BEar in mind at that point they had just ushered in the 5 unit purchasers, how about the 4 units? then the 3 units. Do your maths. This IJM project is for the mega rich.
July 29, 2009 2:06 PM Mr.Business said...: You could buy shares of IJM Land to share the benefit.
July 29, 2009 11:16 PM BK said...: My friend told me that all units sold out di. No need to augue about the price, leasehold freehold, noise, subsidence etc now. I think this IJM really know how to suck money, just like Amanah Saham.
July 29, 2009 11:18 PM BK said...: Many IJM stuffs booked many units, same as what they did in the Spring, quick profit just by transfering the booking to other people. Very business minded.
July 29, 2009 11:44 PM tan said...: People are free to give their opinion and we should be grateful to ppl like Jeremy to share their view and things to consider. What the hxxx that ppl need to talk like a kid here in this public property forum....
July 29, 2009 11:46 PM nic said...: ya, no need to argue anymore. all units sold out even before soft launch, a lot more crazy than the spring launch. the good response tell everything, only bulk buy with buying 10 units able to get unit with early bird price. now ppl move the aiming target to the light point, let save the 1 million now.

THE LIGHT - a prestigious address
July 30, 2009 9:29 AM jeremy tan said...: As expected majority of buyers will be speculators. Their own staffs and other investors book the units first and don't have to pay for it until later on. Later on they will sell it for a higher price. It is a progressive payment anyway. For example: I can book 5 units and i pay for the deposits only. When it comes to my level then only i will start paying for my unit. However, if i can't afford it then i will sell it to buyers who thinks that the response is so good that it has to be a good place to live in. At that time, the price will be higher because of speculators jacking up the market price.

Correlation does not mean causation-Econs 101-

It does not mean the light is prestigious. It simply means people are jacking up the market price and later on selling it for a higher price.

It's business. It means these people are very smart but at the same time they are taking chances and risks. They are hoping that they can sell it later on to people who are keen and interested for a price premium.

Cheers,
Jeremy
July 30, 2009 9:46 AM Mr.Business said...: "Their own staffs and other investors book the units first and don't have to pay for it until later on. Later on they will sell it for a higher price"

Above I think is possible.

"It is a progressive payment anyway. For example: I can book 5 units and i pay for the deposits only. When it comes to my level then only i will start paying for my unit."

I do not think progressive payment work this way.
July 30, 2009 10:19 AM jeremy tan said...: It is base on the letter issued by the architect before you make the payment. To clarify.

Cheers,
Jeremy
July 30, 2009 10:31 AM nic said...: bulk buy need to pay 50k for each units, mean 5 units, need 5 x 50k = 250k pay during booking. if single buyer, only need to pay 10k for booking on 1st august, but of course only left few units.

no need to pay for it until later on? u thought ijm is doing charity? haha. they are doin bussiness and ppl queing to pay them money yesterday.

for progressive payment, it works same as other projects, mean pay 10% during signing snp, after piling, another 10% and so on. some sour grape try to say something without knowing the details, "sei siu siu, pan toi piu" (in cantonese)

but then, no point to argue d for the light linear, can start argue on the light point or the light collection, the next prestigious launching. haha
July 30, 2009 10:49 AM jeremy tan said...: I guess you will never be able to comprehend the meaning of its location and its shortcomings.

Correlation doesn't mean causation.

Sour grapes simply does not mean sour grapes in your context. Seriously, look up the oxford dictionary. Its funny hearing people who does not know the meaning use it. Hahahahah.

When you use it, it sounds literally "anggur masam". Not the other meaning that me and wei understands of it. Lolz.

True enough, Wei said that you guys are entertaining and fun. I enjoy the entertainment you provided so far.

No point argue? Who's arguing? You are! Lolz.

Since you can't comprehend in simple term and neither do you understand the negative points of light linear's location. Hence, you do not have to understand. You don't have to comprehend. Make life easy for you. It is a discussion not an argument, a reminder for you.

You will never understand the meaning of that as well i think. Because i have a feeling you are going to talk "cantonese" to me. Haha.

Very entertaining.

You don't have to accept the light linear's -ve points. I guess if its build on an earthquake area it would be good for you as well. I bet you know your details very well.

You don't need to comprehend ya. I know you can't.

Cheers,
Jeremy
July 30, 2009 11:00 AM Mr.Business said...: I think Penang poperty is a bubble, but I do not know when it will burst. I think it will getting bigger and bigger before it burst. So I would rather enjoy the bubble (but please keep in mind it is a bubble).
July 30, 2009 11:24 AM nic said...: haha, same "sour grape" keep on argue on the meaning of sour grape and grammar in stead of giving constructive comment. u no need understand my meaning of "sour grape" because you are a real loser in this case, talk so much but still ppl queing for the light. sorry ar, waste ur effort...haha.

bubble or not, i not sure. but inflation is around the corner soon, that is sure.
July 30, 2009 2:01 PM 奇雲哥斯拿 said...: I've got few units for sale. Anyone who is interested please email to me at marcoteh2006@gmail.com

Thank you.
July 30, 2009 2:02 PM BK said...: Let's wait and see whether any local newspaper will pick up the launch or not. Want to hear what the IJM has to say about the "overwhelming response". They might hint that there are 80% sold during the soft launch bla bla bla.... People are encouraged to take up the rest asap, price already went up 10% bla bla bla... It might be their stuff's purchase after all, they want to "sell" to you with 10% quick profit. This happened in many projects.

I think the supply of the Light Linear will be continuous for at least the next 5 years. Their stuffs slowly let go their units one after another. Similar to the Spring. If there is property bubble, the process should be hasten.
July 30, 2009 4:45 PM jeremy tan said...: You are right BK. The bubble is coming.

Nic

Your meaning of sour grape now? Haha Entertaining. I didn't see that coming. Lolz.

Correaltion doesn't mean causation......i bet you still don't get this meaning as well

You don't have to understand. It's ok.

Cheers,
Jeremy
July 31, 2009 11:55 AM Properties fan said...: The IJM properties bubble is growing bigger with the 5/95 package offered by bank. More than 50 units of The Spring for sale/rent are advertised on one web site. Don't believe me? Go to http://www.mudah.my/li?ca=3_s&th=1&q=The+spring&cg=2020&w=1&st=a. I estimated there are about 1/3 of The Spring up for sub sale/rent in the market. Buy for own stay, ok! For investment, think twice.
July 31, 2009 1:22 PM thunder said...: Dear 9083 & Elmo :

i am Thunder, i am not hear to creat problems but to share a negative concern hopefully everybody know....

I like to buy property but not IJM/ Ivory...these guys simply put the price so high that they rob you of your 3 years appreciation profit...

if u can find " big fish" buyer, then only u can make profit. most of the person who make profit is ijm staff...because IJM didn't claim progressive installment as aggressive as against us. and the staff don't need to take bank loan and don't need to have any penalty...
July 31, 2009 1:25 PM thunder said...: Hi jeremy tan :

your grammar is better right...must be oversea educated right ? Banana man, why don't you go and do cosmetic surgery and look like ang Mo and speak/write impressive english Grammar so that everybody admire you ?

Very sad to know that people try to speak/write english and try to distinguish from others by doing so...You are Malaysian chinese you see. Speak and write good in your mother tongue first before you talk.
July 31, 2009 2:25 PM OL said...: The Light overall development design & concept are impressive but for the light linear ( the building design & facade, land shape...etc ) are average only. The strategy and the way IJM sell The Light Linear is only benefiting them, They are very impartial to the "owner occupier" buyers and are encouraging too much investors thus making the property investment too risky for speculator. With the high number of bulk buyers snap up the Light Linear during launching, i dare to foresee that there is going to be at least 85% investors and 15% owner occupier ratio. By the time this project completed, there may be too many speculators rushing to dispose their units, making the properties less appealling in sense of ' demand vs supply '. A point to share & consider.
July 31, 2009 2:40 PM Captain said...: leave 16 unit. 11 buyer already q for tomorrow "Soft Launch" Now. if u go to q now, u are number 12.
July 31, 2009 2:43 PM Mr.Business said...: Aiya...As long as can understand is ok liao, do not need to criticize people's grammar. You states your points clearly, then it is up to other people to agree or disagree.
July 31, 2009 2:45 PM Mr.Business said...: Ha.Ha....Funny to see tactic from IJM, very interesting...
July 31, 2009 2:48 PM Mr.Business said...: I believe property bubble will be getting bigger and bigger, and won't burst now, so hoping for price drop is low possibility. So better to have few properties on hand and enjoy the bubble.
July 31, 2009 4:02 PM OL said...: Dear Jeremy,

Grammar good doesn't mean smart & intelligent...so there is nothing to be proud or "lan si" about your english.
July 31, 2009 4:47 PM newbuyer said...: wah!!!very lau juak!lots of comments!let me join the fun, and share some personal thoughts.

There are 2 groups of buyers :-

Group 1 - rational buyers (aka Warren Buffet type). He says, if you don't understand something, don't stick your c*ck in there, no matter how itchy you are. Understand the valuation, if not over-valued, then can consider buying.

Group 2 - emotional speculative buyers (aka typical wall street dumb-ass type). If people made 20% profit of the Springs last year, that means you are going to make 20% profit for the Light too. Because they both have something in common, IJM & long queue during soft launch. I bet I can develop a maths equation to prove that! That's how the wall street geniuses get into trouble with the subprime crisis.

When things become speculative, the spot price is no longer determined by fundamental values, instead, sentiment, liquidity level, imaginary expectations, distorted market data interpretation, IJM, long queues, fear of loosing out, greed become dominant.

All said, who is the winner in the end? It all depends on when your end is. No need to argue lah, time will tell. By the way, since some of you complain the price is too high for this project in the south, anything good that is cheaper then this in the north?
July 31, 2009 4:50 PM Ooi said...: Dear Jeremy,

Your singlish also not good la.... Malu la, if your english teacher see it.
July 31, 2009 4:58 PM nic said...: i also interested to know any project that is good n cheaper than this in penang island, anyone can advice?
July 31, 2009 6:18 PM SI said...: I am not an English teacher but reading Mr Jeremy's postings here and elsewhere, I can find several spelling and grammatical errors. Sorry to have to say his claim of being better than others in his command of the English language is questionable.
July 31, 2009 8:25 PM BK said...: Pity Jeremy, so many people "attacked" him...

I went to IJM office today to check out the real situation for LL, saw a few groups of unhappy people argue about the so call "staff privilege".

IJM staffs bulk purchase even before the soft bulk purchase launch on Jul 28. Meaning they already booked most of the easier-to-subsell units before Jul 28. Tomorrow will longer need bulk purchase, but only pre-register people can book tomorrow, and waiting list is long. And the funny thing is the pre-registered people are mostly IJM staffs, I think they pre-registered themselves to take the left over, because some of them only afford to buy 1 unit.

In conclusion, Light Linear is PROPERTY PROJECT for IJM STAFFS!!! Very funny this can happen to an establised developer like IJM. Better throw their shares fast.
July 31, 2009 8:34 PM SI said...: All boils down to greed. IJM ruins their own reputation. Ppl should just boycott the subsales to teach them a lesson but alas where there's a seller there'll always be a willing buyer.
July 31, 2009 9:49 PM alex said...: YES BOYCOTT ALL OF THEM. DONT BUY UNITS FROM SUBSALES
July 31, 2009 10:05 PM 9083 said...: don't think that u can stay at "The Light" area means u are high standard or rich people, "bo ong teh mia, cheng ong teh sa" (in hokkien), if u are "wu ya" (in mandarin) cannot become "fung Hwang".
July 31, 2009 10:30 PM Paul said...: All,
IJM strategy is to create demand and it's not new. They have done this with great success in The Spring. Making public to queue up in the wee hour. Purposely block many of the good units and later release to public when declared all units are sold out and hiking the price. Grab a handsome profits. Same strategy for Summer Place and certainly The Light as well.
August 1, 2009 12:40 AM Tan said...: What a crying shame!

As one of the leading property developer in the country, IJM really needn't have to use underhand tactics to create demand in order boost sales.
Either they are desperate to recoup their investments in the shortest time possible or they don't have full confidence in their products.

They let the bulk buyers(aka speculators) and their own staff hijacked all the units on the first day of launch with nothing left for the others who can only do their booking three days later.

It's strictly money making venture for speculators and staff as most of them have no interest to be occupant.

As a seasoned player, they should practise a fairer distribution of the units with equal importance given to genuine buyers who are buying to stay.
Why should they feel intimated by 10-, 20- or 30- units speculators?
When asked, one IJM senior staff sheepishly explained,'What to do? We have to please them, otherwise they won't buy lah'
Is there also a need to 'bribe' them with 5% discount and further increase their profit margin when they flip them?

Many of us are utterly fed-up and felt misled and shortchanged by IJM. We have wasted our time making several visits to the office to look at their projects.

I certainly won't buy from subsales and I will also avoid all IJM projects as I have lost faith in the credibility of the company.
August 1, 2009 1:17 AM alex said...: I would predict that the LL subsales will be flooded in the market, like 50% of the spring units are thrown out in the market currently. Good luck to the LL bulk buyers.
August 1, 2009 11:25 AM Paul said...: Whether you like it or not. IJm strategy is working and extremely well too. Peoples still buy from them. Whether it's RM200K, RM500K or even more than RM1MM

I owned The Spring Type C myself, and also the one queue up in the morning who bought the "left-over" but hate to say feel shortchanged since me as an individual buyer we bought it from our hard-earned money too, why treat the individual as 2nd grade buyer though the unit price bulk owners pay for it is exactly the same as individual.

That's not all, after the soft-launched date, IJM declared sold out. But if one can remember after the hike in price and releasing of bumi lot, many units suddenly available again directly from the developer itself.

My personal opinion this is unscrupulous but believe someone out there will claim it's all about marketing strategy and a demand vs supply thingy.

Well, there's no answer to who's right or wrong here. In business sense, the only matter is buyer still buy it from me. As a consumer, you can also decide whether to buy it or not.
August 1, 2009 5:36 PM LL Onwer said...: I thought all people who bought it no need to pay anything during construction period. Someone never check and simply write here. Light linear is offering 5/95 package man........
August 2, 2009 1:00 AM Wei said...: Heya Jeremy,

I'd strongly advise that we give our tongues & tapping keyboards a rest. Like I mentioned much earlier, just sit back & watch the verbal entertainment unfold. In cyberspace, everyone feels superior over his/her comments; only their tunnel vision & tunnel logic reigns supreme over anyone else.

How many actually cares to ponder over carefully chosen words, descriptions, tone variations & embedded meaning within sentences, remarks & comments (constructive & hostile alike)?

Even up to this point, some even has the cheek to argue on spelling & grammar (whatever this proves)..probably becos in Mandarin & Cantonese, no one checks for such errors or tenses! (no offense intended)

Let's not offend these "affordable" people. Who knows, they might be so well poised to buy from us at obscenely inflated prices, w'out any heed for financial numbers & definition of intrinsic value?
August 2, 2009 8:32 AM thunder said...: Dear All :

like my prediction, the IJM is hammering us again for 3 years appreicate profit..
starting price RM600K for ~1500 sqft. be it 5/95% what ever,

i walk inot the showroom 16 flor on 1-Aug, only to know that the 100 early bird price already gone..

wish all lukc for the early bird who bought, i can guaranteed they won't earned anything because of "constrution dirt view" they are going to get for next 10 years...
August 3, 2009 8:22 AM BG said...: Since The Spring project, I already look down to IJM. And also indirectly dislike the buyer who still support them and q-up since midnight. This make them feel proud of their strategy. But I think IJM will eat this as many of the project (I think > 50%) are sold to speculators, so the real buyer will move into a half empty condo after OC. And come to 1 point, less people buy from the subsale speculated price, no speculator would like to buy their project again.

LL is a place value for money, but no value for living. You can save your 500~600K for any other coming new project, with better environment. I am sure there will be more projects coming in 400K price range in 2010. If for me, I am willing to add another 100~200K to get a landed property.

So, let IJM and the speculators play their own game. Without other buyer join in, they will eat sand. Hehe.....
August 3, 2009 10:46 AM BK said...: I would guess more than 90% of the bulk purchasers are speculators or employees/speculators.
August 3, 2009 11:18 AM king said...: i also not buying whatever ijm offer
since they want to play all the investor (including myself) UP.

so i will not going to buy anythings from them.

so wish all who going to invest in LL >>> GOOD LUCK<<<<

My 2cents opinion only.....sorry i m small fish onli
August 3, 2009 2:42 PM noble said...: i went to IJM on 1 Aug for the soft launch & the sales staff were there to do their catwalk & become flower pots only -- reason -- all units sold, & so they were redundant. i was quite appalled at their unfriendliness. guess it confirmed the theory that a woman will only smile at u if they want something from you. hahaha!

what IJM is doing today may have long term negative consequence. however, if you are currently an IJM staff, would you do the same if you consider the targets that you need to meet, KPIs that you need to achieve?

well, their strategy covers their current position.. so who cares if the next team inherits the poor reputation? i guess it then has to come down to the top management of IJM to determine IJM's cause. whether they want to preserve the long term goodwill or just to squeeze the dough as much and as fast as possible & then bye bye Penang, we are going international! ya, by then who cares what doldrums Penangites are in, the pie is too small here - IJM has taken flight!

we don't know - it's their agenda guys.
August 3, 2009 11:19 PM Paul said...: noble,
I think they were just fallshort of telling you
"Small fry, what do you want, get lost lah!"
August 6, 2009 10:34 AM thunder said...: i suggest you go and buy ijm shares. even better return than light linear...
August 7, 2009 9:01 AM noble said...: hey thunder.. good suggestion. look at RHB's comment today. IJM shares rated outperform and the light project prices will only go up up up - so the shares will go up up up :)
August 7, 2009 5:30 PM David The Great Magician said...: i was hoping the recession should last longer for the price correction to reasonable level for penang property .... sadly this does not happen.. and price continue to be UP UP UP
August 9, 2009 6:38 PM dannyF said...: Just something to share. Last time when i always travel up and down the coastal highway especially during weekends... i was like " those people swimming along that area must be "siao liao". dirty like shit". And now i am hearing beaches created along that area and sumore private and cannot share. Still same mah... swimming in that dirty water. wahlau. hehehe
August 12, 2009 5:21 PM lee said...: Recent information i received was the units were taken up like no man business, there are bulk purchases from the both speculator and investor.
I think this trend should stop immediately as a lot of gunuine purchasers are kept aside. The price has skyrocketed to the level where you and i are not reachable. It will only benefit the developer and the rich. We, as small investor or the penangnite who envy the said project hoping to find a roof to cover our top at the prestigious address will forever become a dream.
August 15, 2009 8:58 AM Gnek said...: I don't own any unit of the Light Linear project but empathize and share the frustration of those individuals who didn't succeed in landing one or more. There was almost no choice unit left after the bulk purchasers finished their doing. Still, several of you camped out and slept overnight to get your hands on the last few units for that Saturday launch.

For that, I salute your never-say-die semangat and the extra effort may pay off sooner than you think. Now here is some good news for ya:

===========================================

According to RHB, by virtue of the strong sales seen in The Light Linear, IJM Land may increase the initial selling price for The Light Point condominiums by up to 20% to some RM600 per sq ft from RM500 per sq ft. These high-rise units have built-up areas of between 1,800 sq ft and 4,000 sq ft.

However, they reckon that the selling price could potentially hit RM700 per sq ft given that E&O Property Development Bhd’s Seri Tanjung Pinang serviced suites are currently selling at about RM780 per sq ft ,” said RHB which kept its earnings estimates for IJM Land in financial years ending March 2010 till 2012, pending further details on the final selling price for properties under the project.

===========================================
August 16, 2009 10:04 PM Voice said...: Anybody thougt about the access to The Light to Town?

I understand that the overhead bridge is part of the PORR inter-change, and God knows when will the PORR be materialized and opened to traffic.

Until then, you just need to take thru the jam (along with those going to the Bridge from Glugor/Town), and take a U-turn near at Bayan Mutiara (near Queensbay), then join the jam from Bayan Lepas (along with those going to the Bridge again) to head to the town.

Same thing if you're coming from Bayan Lepas to get into The Light, where another U-turn is needed at Tesco/Udini... Do enjoy the traffic !!

By the time the PORR is ready, Light Linear may already be 5 years old.
August 17, 2009 9:55 PM 9083 said...: received IJM letter inform me to sign SPA within 14 days, that mean we have to sign during "ghost month" im pantang lar, can i delay the signing date??
August 19, 2009 11:44 AM Jeremy said...: This comment has been removed by the author.
August 19, 2009 11:44 AM Jeremy said...: jeremy,
don so cocky. u got money buy boh? or use daddy's money? don jus say syok nia...

cheers,
jeremy
August 19, 2009 12:04 PM ymerej said...: This comment has been removed by the author.
August 19, 2009 6:13 PM sokohaw said...: Is the response really that good??? So many bulk purchasers around? Who are they actually? Must be IJM business trick againlah , my friend. All sold out(>300units) within one day, what a big joke! The price will raise from RM500/sqft to RM700/sqft?? On reclaim land? This is killing me, bro. Why not going up RM1000/sqft?? If this is true, all of us must go & grab few more units of "The View" right opposite this project, the profit will be double by then.....Just one advice to all "Penang kia", don't be Kia Su, still got many good projects around, why IJM only? Can't deny Bayswater is a successful story, but please look at Platino, it's not even sold out yet. How to find such good response from "true" buyers in The Light???
August 19, 2009 6:47 PM Michael said...: They are all speculators, this is the only project in malaysia to have achieved almost all speculators.( good job done by IJM )...damn risky......very low occupancy rate are bound to happen for at least 1 to 2 years....worst than The View.
August 19, 2009 8:01 PM Smith said...: I am also very disappointed of the IJM business practice. How can this happened? IJM should change the sales ad to only IJM internal sales. There is no need to spend so much money on the advertisement. What to do? Boycott IJM project next time.
August 20, 2009 9:34 AM leehooikeong12 said...: The light waterfront project is targeting foreign buyers such as singapore, hong kong or middle east market.
platino , pearl regency or the east metro project are targeting korean market and malaysia or local richer buyers. This is called market segmentation. IJM top management know what their business product plan is. too bad for us do not have this kind of money to invest those project. Those people who bought there, future neighbour will be all mixed country people. but this kind of economic situation. do not expect extremely good response.
August 20, 2009 10:27 AM nic said...: i think IJM should at the beginning raise the price of the light linear to 700 per sqft at the launching date of the light linear so that only genuine buyer able to own it. with such a high price, speculator won't able to buy as much as 10 units because this will require more modal, and ppl won't queue up 2 days before the launching because the price is not within their budget, this will filter out those speculators and buyer as the downpayment is a lot, hahaha.

althought ijm set 50k per unit for bulk buyer booking fee to limit them to take up more units, but 50k is a small matter for those rich buyer, ijm shud set the standard higher for bulk buy, such as 100k per unit for booking fee, and cancel the 5/95 package, with such a high standard, ppl won't be able to own so many units, and there will be less ppl queue up due to high enctrance price, then those ppl who complaint about not able to get a unit will be less as well, because it is not within their affordability.

600k with 5/95 package, too many ppl afford to buy it, that y those cannot get a unit complain that ijm sell to speculator only.i think ijm can consider about it by setting price higher, instead of let investor earn, how about ijm earn itself. the future light point only 88 units, shud set the price higher so that only genuine buyer will buy it. if not, there will be more complain...haha
August 20, 2009 10:35 AM sokohaw said...: Conclusion : Blame our government. Why they allow developer to do such thing to consumers. eg. Open for registration, Pre-launch sales, waiting list, bulk sales, launching, reserved lots bla bla bla.......all these are advantageous for developers as they can survey market & adjust price based on response without building anything! Anyway, it depends on ourselves to make decision finally. To fail their strategy, there is only one way---don't visit their sales office. Let's turn "The Light" to "The Dark"......
August 20, 2009 10:54 AM nic said...: hahah, funny ppl, after blame developer, now blame goverment.

how about blame ourself for not having more bullet to beat those rich guys.

if the developer not doin their homework before launching, then i will consider to sell off their share, as they are not professinoal at all in doing bussiness.

doin bussiness sure need to survey and make sure the project priced competitively compare with other developer.

if not afford to buy ijm, spsetia or mahsing project, you can still consider other local developer such as ivory, ideal, koperasi tunas muda. lot of project launching recently.
August 20, 2009 11:32 AM Mr.Business said...: "Mindset" of rich people is different from ordinary people...Always be positive and try your best.
August 20, 2009 11:43 AM nic said...: ordinary ppl only know to complain, rich ppl is to take action. haha.
August 21, 2009 12:50 AM sokohaw said...: Nic,
You sound like a rich people. But sorry to say that I own SP Setia Carica(#3,Jalan Nuri 7) & Mahsing SB type A(lot248) as well. It's not the matter of afford or not afford, complain or not complain, but to express our feeling on current situation. Whether you like it or not, I'll still share my opinion if I read anything "tak boleh tahan" over here. RM700/sqft condo on reclaim land & >300units density??? How about those low density super condo along Kelawai road & Gurney? They should raise to RM1000/sqft.......let's see....their selling price will be ~4M to 6M/unit and penthouse will cost >10M by then. How about that, bro? Will you still shoot your bullets if you are heavy loaded?
August 21, 2009 2:48 AM Saber said...: Sokohaw

Even if you want to express your feelings, please read carefully before you simply write things. First of all the price of 700 per sq/ft is for Light Point and it is also super condo with 88 units. You are just shooting yourself in your shoe with your own conclusions.
August 21, 2009 9:45 AM noble said...: sokohaw, i agree with you that nic sounded condescending but what he mentioned was true

yes, nic spoke in a crude manner but i believe he is trying to say that well known developers will ride on their brand name & develop 'boutique' projects that have better margins for them, and thus target the rich - you would too if you are in their shoes.

those lesser known developers will go for the mass market, naturally... would you pay 1 mil to buy a condo built by say, NIC Properties? you won't & neither would i.

mr business is right that it's a mindset thing & we just stay positive & do our best. after all, if IJM sells at 700psf and there is true demand, then it benefits the overall market, of course provided you have purchased something
August 21, 2009 9:55 AM nic said...: sokohaw,

i m not rich, just wanna say something about the bulk buy, since everyone complain about bulk buy, i think as a developer, they cant stop it, as those rich ppl hv money, they can even buy whole block if they want. bussiness common sense, ppl interested to buy it, how could developer stop from selling, it is not logic at all, the current market is like that, rich ppl rule the game. frankly speaking, ijm oledi limit the bulk buy on 10 units and want them to pay 50k on booking fee for 1 unit. if not, i bet they can even get 30 units or 50 units.

since everyone complain about not able to get a units, raise price is a good method to prevent those bulk buy from buying too many units. although the light linear hv 300 units, but interested buyer who register is 1500 ppl, how can develoepr satisfy everyone as only limited units available.
August 21, 2009 10:21 AM sokohaw said...: Mr Saber,
I believe I read Nic's statement correctly "IJM should at the beginning raise the price of the Light linear to 700/sqft". This is the "tak boleh tahan" part. As for IJM brand, please aducate me why IJM is so special? I really don't know as I never own any of their project. In my opinion, it's all about advertisement. A good example--SP Setia, how's the selling price & response now? I have to keep it for another few years before I can sell it without loosing money....
August 21, 2009 10:41 AM nic said...: Hi Mr sokohaw,

400 per sqft oledi sapu habis by those buyer. can you imagine what will happen if ijm price it 300 per sqft? there will be not 1500 interested buyer register for it, it will be 3000 ppl interested to own it, and there will be more ppl queue up in front of ijm office. when not able to buy, ppl will feel dissapointed n complaining.

demand determining the price. if no demand, then developer shouldn't raise the price. if demand is high, raising price is to prevent ppl from speculating it. lower the selling price and introduce 5/95 package only will encourage ppl to speculate it.

it is same theory as what gov work on the interest rate to control inflation. when ppl rushing to buy and cause inflation, gov will increase the interest rate to cool down the buying. since so many ppl complain about bulk buy, y not ijm increase the price?
August 21, 2009 11:01 AM Mr.Business said...: IJM specially arrange a "bulk buyer preview" few days before soft launch, so the bulk buyers could have cheaper price and better location. You think IJM does not approve bulk buyers?

If am the boss, I won't let all the units bought by bulk buyers. 50% maybe, then open other 20% for public.
August 21, 2009 11:24 AM nic said...: Hi Mr bussiness,

i could tell you what happen on the bulk buy day. there is only 1 day for bulk buy, on 29th and > 50 ppls there register for buying, so many ppl and not enuff seat at the meeting room, some ppl even need to stand. only 100 unit hv 5% discounted price, but staff buy oledi taken 80units, left 20 units hv discounted price, so ijm open another 25unit make it total 45units for early bird, mean got 5% discount. but ppl who register for buying 10 units oledi 5 ppl, so only the buyer who register for 10 units able to buy with discounted price and sapu all the 5x10units = 50 units. for other bulk buyer who bought 5,4,3 units, the price is same as what single buyer who bought on 1 august and no seaview. so if u r not buying 10 units, dun dream on to get seaview unit or buy at discount.

after bulk buy, only left 15 units for single buyer on 1 august. so ppl start queue up 2 days before the soft launch and sleep overnight there, really unbelievable if u didnt see with ur own eye.

dun say single buyer not able to buy and complain, some bulk buyer with 3 units also feel dissapointed because no choice unit left. if u say 20% of 300 units open to public, mean 60units, i think it is also same, do u able to camp overnite for 2 days at ijm office? really crazy.
August 21, 2009 12:42 PM Mr.Business said...: Hi Nic,
What you said is similar with what people told me, but yours is more detailed :)

After the famous The Spring bulk buying incident, I checked with IJM about it. They said already many customers complaint about it (Bulk buyer took out 70% and left 30% for public) and they will improve on it. Then when Summer place soft launch, I think IJM did not let bulk buyer to take out most good units (I think so, please correct me if i am wrong). But now IJM did it again.

Actually I think IJM should let public buy some, at least some would buy it for self stay. Ha...

Bulk buying and camp overnite are not good culture. Check on The Edge last 2 weeks, people at Selangor hired people to queue for 7 days outside developer office to buy his choice unit. Crazy...
August 21, 2009 3:15 PM nic said...: Hi Mr bussiness,

ya, it is really crazy. for summer place, there is also bulk buy, 1 day before soft launch, only need minimum 2 units. but less bulk buy for summer place because most of the bulk buy stuck at the spring for the same area project.

ijm did improve of it, because i know for the spring there is bulk buying as many as 17 units because ijm didnt limit on it. so for the light, they set the limit on 10 units and each units, bulk buyer need to pay 50k as booking fee, which is almost 10% of the purchase price already. but this doesnt stop the ppl from buying because the light is not publicize locally, but also internatiolly, thus at the bulk buy day, some of the buyers are taking flight from KL, singapore. for those ppls, the price of the light is much cheaper compared to KL and singapore. i can say the buyer on the bulk buy day of the light linear is even more than sp setia reflection soft launch, can you imagine that?

those bulk buyer are smarter bussinessman, do you think they will park 6million for 10 units on ijm the light if there dun hv confident on ijm? why not for other developer, y not other project? this is the success of 1 developer who hv good track record. same for the project at KL. good thing sure a lot of ppl rebut.

actually, other developer also hv bulk buy, just that there is not much bulk buy for other develoepr project, not the developer not willing. :)
August 21, 2009 3:36 PM Mr.Business said...: I do not like marketing gimmick of IJM, but I think this Light project will be a success. And it will influence pricing trend of middle to high end property in Penang.
August 21, 2009 4:06 PM nic said...: like or not, it is a trend, even if ijm dint hv bulk buyer day, those buyer will hire bangladesh to queue for them and buy as many units as they want. if limit 1 unit per person, they can use wife, brother, sister name to buy, so no use, thus i suggest that ijm shud set the entrance price higher so that ppl cant buy so many units. because high price = high risk as well.

i would say that the light is not only attracted local ppl, but it also become attraction of ppl outside of penang. maybe penangnite feel that it is expensive, but for KL, singapore, hong kong ppl, they can easily bought it. price of penang waterfront project will be getting higher n higher, the light linear is among the cheapest and still afordable to buy (half a million) for the entire planning the light project, that y ppl rushing to buy it, they know that if they miss the boat, they won't afford to own a piece of the light project anymore because the light point and the light collection will be priced > 1million.

if u say kelawai road is millionaire row, then the light project would be millionaire compound, so do you think rich ppl will miss the opportunity of owning this piece of designer collection house at penang island? this is so called prestigous address, which is same as what KLCC and bangsar has achieve.
August 24, 2009 4:42 PM BK said...: If 90% of the purchasers are either employees or bulk purchasers, I don't think it is any where near KLCC or Bangsar residential project. I am surprised why the buyers are not afraid of instability of the newly reclaimed land.
August 25, 2009 12:20 PM noble said...: i don't think the light is comparable to klcc or bangsar despite the PR on it and the fanfare that it kicked up.... having said that, i don't deny that the light linear has been successful, perhaps due to opportunistic behaviour, but is this sustainable? does penang have the lifestyle and volume of people whether locals or foreigners comparable to KL? even if there are significant influx of foreigners, would they prefer the light or tanjung bungah/batu feringghi areas? look at mayfair as an example - amongst the most beautiful condos in penang but not too successful because it's just a little off-tangent (if that is the right term :o)
August 28, 2009 1:14 AM Wei said...: Paging for Jeremy Tan? Are u still out there amongst us, reading & giggling at all these debates on Light Waterfront's worthiness?

We miss out crude, intelligent & sarcastic comments
August 28, 2009 12:04 PM jeremy tan said...: Yes i am still here my friend! Lolz. I can't help but to read with amusement as i stroll through every single comments about this project. They will never cease to entertain us with their self-made believed comments.

It seems they are trying to convince themselves that the right decisions was made in investing in this project. I can sense paranoia among them.

Lets just sit back,relax and enjoy the entertainment they have installed for us.
Cheers,
Jeremy
September 2, 2009 5:17 PM lee said...: Don't you all notice that the light linear was located at the outer part of the whole development, and it forms as a shield and to act as sound prove to the inner part of the more high end type of development. It is so crazy that the price could hike up so much. Just wonder?
September 7, 2009 1:56 PM Adi said...: If that the case, than the Light Point is also a sound barrier than. :)

I have experience living in a Flat that is very close to the main road. If the bedroom/hall window is directly facing the main road than it would be noisy. If not, you would not notice it.
September 15, 2009 5:26 PM 奇雲哥斯拿 said...: I've got few units for sale. Anyone who is interested please email to me at marcoteh2006@gmail.com

Thank you.
September 18, 2009 9:00 PM BK said...: Haven't seen the bricks already wanted to sell. Why so hurry? The price sure double in no time one. So many IJM stuffs bought what..
September 23, 2009 2:24 PM tan said...: Penang recently has enjoyed a big boom for its property price. Is good to have this boom. But don you all think is too fast and unhealthy. Sometimes ago some big player had made some comment in the press that Penang property is still worth buying....who are they? They are the developer....These developer are cash rich company who has strong holding power. this may be several reasons why penang property has not been affetcted much during the economy downtown recently...The cluster buyer...have u ask who are they? They may be some housing agencies who has link well with the developer...or may be they are really super rich people out there. The developer allow the cluster buyer to suck profit from us(everage people who make a living)then they mark up the price further so that more people will get suck. The foreigner is said to favor a lot for Penang as 2nd home project. So far have u seen a lot foreigner walking a round Penang( Compare to KL, Bangkok and Sing) I think the Singaporean will be the main foreign buyer. They also are sucker...they suck your $$$$$, they will buy at launch price and sell to us at higher price. All i want to say is that be wise when buying property don only depend on hear say. Is not like buying sweet or candy(50c or rm1) it cost several hundred thousand even millions. It is not necesarry to compete with people to buy ur property. With ur hard earn $$$$... there are still other property u can buy or may be u like it. don fall into trap when the sales person tell u " No more unit available, but if u want I can find u one but at a higher price" I am sure with our slight intelligent for not rushing....the price may go for a more resonable level.. The bubble will burst(mainly for condo)...what we can see is that the supply is a lot, what we can't really see well is the demand.(is all only hear say or may be no way for us to find out)
September 26, 2009 5:20 PM 陈升润 said...: guys, the property market is now way above the affordable price of what a normal citizen of Penang earns not forgetting that Malaysia is adopting MM2H concept in which the bulk buyers are grabbing their opportunity to raise the price.

I was thinking that Penangite should get the benefit of being the first buyer but we all ended up poorer due to this reason. Let us consider well before dumping in our money and get ourselves stuck for the rest of our lives working just to pay off our debts.
September 30, 2009 12:12 AM Jason said...: nic are you from IJM??
September 30, 2009 12:17 PM Yung said...: Despite currently owning an IJM seafront property along the Jelutong Expressway, I still exercise extreme caution in waxing lyrical too much on "intrinsic value & worthiness" of IJM properties, cos in all reality & common sense, the latest/newest launches aren't a big bang for ur bucks.

Nic probably sits on the ground floor of their sales & mktg corner. Btw besides property blogging, their staff is also renowned for their niftyness on Facebook, Friendster, etc as well.

Creating overblown hype & overstretched impressions is part of their job scope.

Btw if anyone still wonders outta their wits how come HK, S'pore, Mid-East ppl can so easily afford global properties at seemingly limitless, mind-boggling prices, try watching some travel/lifestyle documentaries on these nationalities.

Not many nations in the world actually have their govt's award them land to built 1st home, give reno $$ or fund their child's edu. Aren't those the same things some of us work a lifetime or most of it, trying to provide?

Their nearest peers would probably be furious, self-surviving resourceless/land scarced countries - for decades making an overblown mockery of human being's fundamental tenets of survival needs..not to mention adding image,reputation & greed on top of that pyramid.

All our centuries of humankind survival, there's never really emerged such a strong need to compare, measure & join these so-called Joneses. Did the Africans asked to be tanned? Or Nordic countries wished for such brutal weather? Or should we wish instead for more reality & awareness, that the Topshop/Topman RM300+ enviable flashy piece, actually came from some sundry cottage in the backyards of Air Itam?

Unfortunately no one in our modern world today seems to care, as long as their mind is continuously drugged by images/print/media...and not having to be put thru the painful process of truly thinking, being acutely aware of surrounding reality & making liveable choices
October 3, 2009 12:25 PM CK Keh ( Koay ) said...: The Light Linear Type A & B, 1539sf and 1475sf
high floor, selling RM538K and RM617K

Koay Agent
0124131422
October 3, 2009 3:57 PM SI said...: looks like some bulk buyers letting go some of their units already.

Prices quoted above not much higher than launch prices, wonder if some are already in a state of panic?
October 3, 2009 10:12 PM tan said...: Investors starts feeling the pain from the over supply of Setia P. Island resale units that's why the price is stagnant.

How many properties can they hold on to. good luck !
October 5, 2009 12:44 AM ethan said...: hi koay,
u sure got such good deals?tried to call u many times,no reply????last time IJM said no transfer of names during construction till VP.
October 7, 2009 12:04 AM BK said...: Good deal? Where got? If not careful, your investment might go into the drain.
October 11, 2009 1:25 PM kt said...: This comment has been removed by the author.
October 11, 2009 1:31 PM kt said...: tan,

the subsale doing quite ok for setia p.island project. my friends sold their unit to subsale buyer and made quite a reasonable profit. currently still got many ppl searching for a unit there.

of course those bought the bumi released unit need to wait a little bit longer time after completion to get the profit same as the prelaunch buyer. it is normal that bumi released unit price is higher than prelaunch.
October 23, 2009 9:10 PM James said...: guys...i haven't signed the SPA because there are issues with the terms and conditions of the loan. that said, if the bank won't agree with my amendments, can i get the deposit back? Please advise.
October 26, 2009 12:44 AM Fabian said...: Hi James

Let me know if you really need to transfer and sell the unit.
I'm most interested and keen to buy over, if u really have loan issue that prevents your purchase.
Email me, we can discuss further.
Thk you very much.
artsyethos@gmail.com
Fabian
October 26, 2009 7:09 AM jeremy tan said...: Property Gain Tax is back. I am now laughing at all the speculators who bought in bulk. Wait for them to throw their units very soon.
October 26, 2009 1:50 PM NPDGGbs4g.4e0bKY2Ifvfw0NOjKqnRVp_jZeRvWSUw-- said...: dear jeremy,

what is a mere 5% rpgt? no big deal. by the time ijm release bumi units, u can expect price to increase by 20% and also no more perks from developer i.e. interest free during contruction. you have such a simple mind...

linear investor
November 2, 2009 9:02 AM jeremy tan said...: Dear linear investor,
Are you a speculator? If you are i can see why you are defending your investment.
IJM Land Bhd, the country's fifth biggest property developer, fell 2 per cent to RM2.44, while Sunrise Bhd slid 4.6 per cent to RM2.28. Eastern & Oriental Bhd shed 6.5 per cent to RM1.15.
Recently,
IJM corp stocks fell tremendously after a few buildings collapse in one of their projects in India.
What is a mere 5% rpgt?
Haha, you certainly have no idea the impact of that 5% to the developers and property investors (mainly speculators).
What about the Stamp duty and tax for every single transactions onwards?

Why don't you go ahead and say what is a mere RM50 charge to credit cards in 2010?

If you have such a complex mind why didn't you realize there are so many light linear units available now in the real estate market for a mere extra of RM20,000 from its original price?

Not to mention all the cons i have mentioned before this about that project.
Period.
November 2, 2009 9:57 AM edna said...: I always have faith in IJM.All my past investments under IJM gave me good profits.I'm glad i managed to buy a few units of The Light Linear cos i think this project is comparable to our neighbouring Sentosa carribean project in SINGAPORE n also DUBAI The Palm,where else to find in penang?Most important it is FREEHOLD!what is 5% RPGT??If all my Bulk buddies can buy units by the millions,this is pennies compare to the assets appreciation in the future just like Platino n Bayswater(Freehold).After staying in overseas many years, reclaiming land is part of life.This my investment philosophy
November 2, 2009 10:16 AM nic said...: look like Mr. jeremy really care and concern about the investor of light linear, every time got something new related to light linear, he sure will jump out...haha, everyone know his motive, so pity he can't get a unit here after doing so much of study on the light, that why he so angry on IJM. but really admire him for not giving up, continuous to follow up on the light related news although cant get a unit. haha.
November 2, 2009 5:55 PM jeremy tan said...: dear edna, if you have the money to speculate good for you. You might be rich, but i will have to go with the fact that you are one of the buyers who bought one unit and tries to defend your unit by telling me that you bought many units.

If you are seriously into investment every single facts matters.
Sometimes i do wonder how can you buy something without knowing the legal terms and conditions that comes along with it.
If something is that good, why are there so many units for sale at the moment in the real estate market? The condo is not even up yet and people are letting go???? Why????
Price of condominiums will start to stabilize and there won't be much increment as the market is already saturated. However, landed property will keep on rising.
Why do i bother even to explain how market works. Look at their shares.

Nic seems like you are a very good sales person at IJM, loyal and obedient. They should seriously consider raising your pay in IJM office for being so diligent at what you do best.

I work in an investment company, of course i do follow related news on properties. IJM shares fizzles off and i am glad my investment company didn't buy any of IJM shares.

Honestly, if you have so much confidence in your investment project why bother defending it? Just let me type and ignore what i have to say because it is not relevant.

There are many light linear units available in the market....go ahead and buy since its a good investment for you guys. : ) Nic you can't get one right? Make sure you buy them now. There are plenty of units available.

I am happy the government introduced the 5%rpgt. I know it's a small sum for you guys.....however its "justice for a crime that goes unpunished. Justice is serve. "
November 2, 2009 7:04 PM edna said...: jeremy,what makes u think i'm a speculator by buying few units? I think this is a excellent investment for my funds.Anyway, i'm not interested to argue,as you seem to have so many negatives on this project,just like what Nic has mentioned it is pointless.We 're just different category of status,you are just a worker.
I hoped all investors in this project make good returns,as for those speculators who are selling for a quick profit,i think it is a good decision too.Do remember,buy a that fit your head,dont over invest.good luck
November 2, 2009 10:09 PM nic said...: so many units in the market? haha, funny this Jeremy, pls let me know if ppl wanna let go with 20k higher only.

again, not sure y u so interested in the light project, and so concern about the investor, dun worry about them, they certainly hv stronger financial power than you. you are just a worker who not able to own a piece of the light project.

i m so happy to buy ijmland share when the light linear launch, that time the share is only 1.50, now it already 2.30 based on today price, which is 50% earning. haha. seem like u r not so good in investment, just know to talk, wonder whether ur investment company can earn money becoz of having this kind of worker like you. haha. miss the boat again for not buying the light and ijmland share. really pity you.
November 3, 2009 5:22 PM Yung said...: Edna,

It's quite amazing how a multi-millionair-ess (or ass?) like u have so much time to scour the internet, and choose to drop into a petty, mindless, 'foregone conclusion' IJM investment blogpage like this - just to paste some loosely-riddled comments?

Shouldn't u be jet-setting instead to all those Gulf Countries & Korean buddy of yours, promoting ur piece of IJM worshipping, so that the current Pearl Regency proj doesn't stay this dilapidated?

BTW, the quantity surveyor for Pearl Regency has since had so much free time, we play much tennis together. Also in the group are many IJM engineers who peculiarly took up staff-allocated priced units, but none planning to stay.

Instead of arguing along the lines of who's "in" or "out" in successful investing, why not talk some sense & principality in this chronic, lacking sense of confidence in what they built?
November 3, 2009 7:41 PM jeremy tan said...: Thanks for clarifying Yung: as expected most of their own staffs took up the units
Edna: why bother replying since you claim you have bought a few units. Maybe you are one of the staffs there and that makes you a worker as well. It is pretty obvious for a person like you who claims to be a multi-millionaire comes scouring into this blog page to post petty comments is just pathetic and unbelievable.
Nic: They should seriously increase your pay. It is so obvious you are working for them. BTW, if you look carefully enough, mr koay posted on this website that he is letting go of his units type A and B for RM538,000 and RM617,000. Make sure you call him. I told him you will be calling anytime soon.
If you are not satisfied you can always call up henry butcher, they have a few units there for sale for an extra RM20,000. I called.
So, there are plenty of light linear units available in the market at the moment. Sour grapes.
November 3, 2009 8:42 PM nic said...: 20k extra for a unit that not yet done piling, sound a good return. 20k earning with 30k downpayment within 3 months, around 70% return, not bad what, haha.

Jeremy, how much the the light investor earn, it is none of ur bussiness, how much they want to sell, it is up to them. why you so concern? why not go back to the brezza blog to praise on ur brezza investment, haha, comment so much on reclaim land, global warming, but end up buying brezza condo, which build on reclaim land, leasehold, and tsunami area, i think you better worry on urself, make sure ur investemnt not go into drain before advice ppl this n that.

i know you had submit the loan application to bank, for preparation to buy the light linear units, but can't get 1 becoz all sapu by bulk buyer. i understand ur frustration after waiting so long. dun be like tat, there are more investemnt opportunity outside, u stil hv ur brezza unit, rite? haha.
November 4, 2009 12:14 PM jeremy tan said...: Haha you will never fail to entertain. So obvious you are working for IJM.

Remember to phone Mr.Koay. He has a few units available. It is still available.

Not even 3 months and they are letting go. l0lz.
Not even up yet and they are letting go. And yung testified to their own staffs buying. Even better.
It seems what i type about this project is bothering you a lot. I am glad you feel this way. l0lz
November 4, 2009 1:12 PM nic said...: jeremy, haha i think you are more entertaining, from before launching, until it finish selling, and now subsale, you still so concern about the light, so obvious u r a looser cant get a unit there. haha. nvm lar, we understand ur feeling, dun red eye on ppl who earning money thru ijm project. the project is so popular until you cant stop urself from commenting on it. haha.

y you so care about ppl letting go the unit, ppl buy for investment sure want to sell for profit. not even up, oledi 70% earning, where to find, haha. it is certainly better than the brezza unit, selling for so long, stil not yet sold out, no need to mention about subsale also. haha. poor jeremy, talk so much, but end up only manage to buy a leasehold unit at reclaimed land, tsunami area. not foget to mention, it is build with sand brick, really poor quality. good luck ya! :)
November 6, 2009 1:08 PM PEngineering said...: nic,

Jeremy has its point, dont be too optimistic about this project....you better pray hard for our economic to be stable after 3 years...otherswise there will be a long list of investors quieng to sell the Light Linear. Becarefull, now a days there are too many speculators rather than own occupier buyers...MahSing, SP Setia, E & O, Ideal, Ivory....plenty of supply
November 16, 2009 11:33 PM Penang Fan said...: With bad publicity from numerous construction faults at the Springs. Speculators for the "Light" be forewarned. No one will buy it. IJM charges more for their properties because they can boast quality end products. No one will pay premium dollars for condos with shoddy workmanship. IJM power to command higher price as with the "Light Projects" diminishes as people realizes their top dollars spent are not top quality product after all.
December 7, 2009 3:51 PM Chen said...: Blk A 9th flr for sale (2 units side by side)
Selling price RM 700k.
pls e mail marcoteh2006@gmail.com or call 012 4050262
December 25, 2009 12:11 PM Albert said...: This comment has been removed by the author.
December 25, 2009 7:40 PM Albert said...: Interest to buy the Light Linear condominium. Anyone plan to let go their units.
Please contact Albert: 012-4942991.
December 28, 2009 8:13 PM mie said...: i heard IJM is going to launch their new studio at 600 per sq.. worth?? actually i m from KL. i just went to penang last week. just wondering why Penang property so expensive. who is affordable more than 500k property.. i m quite surprise due to penang property is more expensive than KL.. especially those landed property.. no gated guarded around 800k +.
December 28, 2009 8:27 PM Mark T. said...: That is true as it seems there is some force to make Penang as place which is difficult for all walks of folks to purchase a property.
December 30, 2009 1:28 AM CK said...: There's much more truth to this assumption than meets the eye...it's probably called the "kiasu", "kiasee", "kia xi nang" & "kia bo looi" speculative yin-yang forces hovering around our local property launch-sales-registration scheme/scam

2010 should be an interesting year indeed, as a yardstick of public buyer response towards a slew of projects to be launched in Pg (but then again, how much of the actual, deserving public COULD get a piece of the action?)

As an imminent sign of impending possible bust of the property investment mkt here, I have a middle-Eastern bizman (with local bizfront & biz interests)trying to waive a mth's security deposit for my seaside condo rental..not to mention continuous surpression of (already competitive) rental rates

Amazing reality indeed for a region wth seemingly unrestricted natural resources & riches. Of course, u never encounter such wake-up scenarios in property Co sales/promo banners
January 26, 2010 5:01 PM tohff7 said...: This is an interesting thread.

Personally, i think Seri Tanjung Pinang has a much better location and masterplan than IJM The Light.

Just my 2 cents
February 2, 2010 10:41 AM lim said...: In Penang, there is high end & low end market to suite the needs of Penang ppl.

The Light - more to business class ppl
Seri Tanjung - retired ppl / Business owner
The Spring - Investor / owner occupants

Diff class buy diff class property

nothing to compare here.
February 4, 2010 10:52 AM jeremy tan said...: hi tohf77, i agree with you. Personally i like Seri tanjung pinang location better than IJM. Better yet, it is materializing already.
April 28, 2010 2:48 AM wy said...: For Sales
-17th flr
-1450 SQFT
-Asking price RM 855k

For further enquiry please contact
Ms.Yeoh
012-424 6885
(Real Estate Agent)
April 28, 2010 11:23 AM Chen said...: Few units at Blk A and Blk B for sale. owner is willing to let go at a cheaper price at current moment if compare to the surrounding market price. price will increase according to the progress of the project. grab this rare opportunity now. pls call Ron at 012-4022228 or e mail me roncws08@gmail.com

Ron (Agent)
April 28, 2010 3:02 PM AMBER said...: Price rise so fast like a halikoter. few months a ago 1450sq ft at 17th floor is only 680K now 855K gaji also not increase so fast loh almost 50% increase. I wonder whether any rich people will buy it
May 9, 2010 9:08 AM jeremy tan said...: 1450 sft for RM855k? RM590/sft?

Might as well buy fettes residences. 2000sft for RM900k. It is almost ready and the density is lower, strategically located from Gurney drive and batu feringghi. It comes with resort like facilities.

the new tesco is going to be right opposite it.
May 26, 2010 5:31 PM Onini Sakamoto said...: This comment has been removed by the author.
June 6, 2010 9:53 PM projectupdate said...: To all The Light Linear owner, your can view the latest photo update at

www.penangprojectupdate.blogspot.com
June 12, 2010 3:15 PM raihan said...: tanah terlalu cepat dibangunkan...ada kemungkinan tak berlaku tanah mendap???
July 19, 2010 4:45 PM sokohaw said...: Wah, "IJM joke" is coming back. I must join in to share some opinions....RM850k for a 1400sqft condo which looked like D'Piazza condo in Bayan Baru.....except "nearer" seaview and highway + "IJM brand" material used.......I wonder how many people are interested???
July 19, 2010 6:04 PM sv said...: Whoever want to buy, buy.
Whoever dont want to buy, dont buy.
As simple as that.

Argue or teasing each other with fancy grammer or broken engiliss wont bring obsolute right or wrong, but shows how wisdom we are.
August 13, 2010 10:41 PM Penang Fan said...: Again IJM project was a big disappointment. Read more about their use of Chicken wire fencing for their first ever Platino Luxury Condominium. Do they ever learn since the bad workmanship for their Spring Condo? Now this is a Luxury Condo. Using chicken mesh for their security wall?
August 18, 2010 11:45 AM liz said...: contractor said metal fencing is higher cost than brick wall. But I saw they used wire fencing at the back yard in Platino. Poor, poor, poor.....
August 27, 2010 4:43 AM Penang Fan said...: IJM has no shame! Using chicken wire fencing for the security wall of their first Luxury Condo. So much said about their claimed of Luxury or World Class appeal. It's nitch! IJM should give refund to all Platino buyers and drop the word Luxury for their Platino Condo.
August 30, 2010 12:09 PM Liu said...: Soon you have to own a luxury condo to access to the beach. These rich developers rob us of our sea front to profit from it. Don't we have the right to enjoy our beach? For me all reclaimed projects must be stopped just like the one in Gurney Drive. Even the sea view from my home in Sunny Ville will soon be blocked by this project.
September 2, 2010 4:35 PM ks said...: 1 unit for sale

1450sqft
17th flr
fully seaview

Asking price 780K
contact :Mr P'ng
012/019-473-5937

(Real Estate Negotiator)
September 3, 2010 12:19 AM tedd said...: Bros,stop dreaming of selling the unit at high price . so far there is no actual transaction at these price. The selling offer is more than the actual demand . Majority of Platino buyer are Speculators. Many of them are buying 2 to 3 units. They are expecting the price will move like Bayswater . It is impossible . Bayswater is better than Platino. Once the Pearl Regency( Block A and B) are completed, there will be no more seaview for platino.We will see more selling pressure once the developer hand over the key and the bank start charging the interest. We can take SP_stia Pearl Is_land as good example. The Central bank is going to tighten the lending policy in order to curb speculation. In my opinion it is best to sell now rather than waiting. The price will start falling once the selling pressure appear. good luck
September 8, 2010 8:20 PM ooi said...: Dear Owners,

Who are seriously want to sell off your unit at The Light Linear, please email me as below and please stated the selling price. Thanks

Email: ooi.choonkuan@yahoo.com
September 22, 2010 1:56 AM raymund said...: An Open Letter to IJM

With regards to the soon-to-be-completed Platino Luxury Condo, a lot of buyers here are very disappointed with the final product.

First and foremost is the parameter fencing. Compare the fencing of Bayswater and Platino. The fencing facing the Tesco Hypermarket looks like some medium cost condo. When buyers pay for a “luxury” item, these buyers are not the average Tom, Dick and Harry. They also pay for privacy. With the “see-through” fencing, there is not much privacy for Platino buyers. By standing near the fence, outsiders can actually see into the car-park and mark the residents there whether they are at home or not. It is hope more trees will be grown to cover up the holes in between the fencing.

As for the fencing facing the jungle near the Marine Police area, it is definitely way below the standard of a Luxury Condo. It could qualify for medium cost condo, at most. The so-called “green chicken wire mesh” is definitely a no-no. On top of that, there should be a retaining wall build around that slope to prevent future landslide which may be caused by heavy rain. Or else one day, all the residents will have a bloody muddy car park. And since I believe most of the residents here will own “luxury” cars as well, I think someone is going to get sued if the cars are damaged due to landslides.

What “luxury” image does IJM want to project with Platino’s entrance? If this is the final product of the grand entrance, then IJM should go check the dictionary for the meaning of “grand”. If they don’t know, please ask their architects and engineers to drive around Gurney Drive or Tanjung Bungah to seek for better examples. A normal guard-house with the “touch-n-go” entrance control bar to keep out strangers is the least that all other condo provides. Nothing luxury about it.

Looking at the progress of the 4-seasons garden, they look more like a jungle than a garden. But since it is a “work-in-progress”, I will reserve my comments until the final product is unveiled.

Another visible point is the balcony railing. Compare to Bayswater, Platino’s balcony design look very cheap. The use of thin metal railing is a safety issue for families with kids. A lot of residents would have to spend extra money to modify the balconies to make it safer and more solid. Even the neighbouring MPPPP hostel complex has better balconies!

If IJM wants to appear as a high-end developer with the launching of the Light Projects, Platino should be a show-case to attract future buyers. With the sub-standard completion of Platino, no wonder the Pearl Regency nearby is a failure!

You can con some people some of the times but you cannot con all the people at all times. Those who bought Platino or has invested into Platino is going to make sure that IJM live up to the name of “LUXURY”!

Future Resident.
September 23, 2010 3:58 PM Rick said...: One Unit For Sale

1500sf
4Room
2c/p
Only Selling 770k
For Detail Pls Call Mr Goh
012-4105400
September 23, 2010 10:03 PM War said...: Message is to Tedd. Sooner or later property prices will go up despite what you are hoping the prices to go down.
September 23, 2010 10:18 PM War said...: Simple logic is that if prices of properties would crash, it would have done so in 2009 during the US financial crisis. Not only did the prices of property NOT go down. It went up slightly but slowly during that year
September 25, 2010 9:21 AM MS said...: I suppose we need to understand why Malaysia economy is not impacted so much by US and Europe ? Similarly, Singapore used to be greatly influence by US economy over the past few decades. Why suddenly it is not the case now ?

Firstly, there are lots of "hot money" influx into Malaysia and Singapore.
Secondly, China is the 2nd super economy power in the world, China economy is still growing despite of the world recession due to their many mega projects which sustaining their economy. China is basically is bringing up the economy within the Asia region.

As to why Malaysia property price (especialy the high end) keeps going up ? Do u know that there are a lot of Chinese from China are buying up property in Malaysia apart from Singaporeans? So, at least, over the next 1year, prices of high end property in Malaysia will not be going down, and, I believe the government will not trying to stop this until it reaches an uncontrollable level. I still believe it will still have another 10% more to go before it becomes stagnant.

In retrospect, have u ever seen Penang property (especially landed property) price is going downwards from year to year ?
September 28, 2010 11:41 AM Penang Fan said...: This comment has been removed by the author.
September 28, 2010 11:44 AM Penang Fan said...: Attention Future Buyers be warned: Please read about the bad finish and the use of chicken wire fencing for IJM first luxury condominium - Platino.

I regretted believing the Platino will be of the finest finish with a wow factor but it turn out that the medium cost Bayswater also an IJM project was better quality then Platino. Bayswater's car park is bigger, entrance gate grander, security wall better, balcony railing better etc.

So think twice before you buy any future IJM properties. I will never buy IJM's again.
October 4, 2010 11:14 PM Rick said...: Urgent Sale !!!!
1500sf
Lower Floor
2c/p
Seaview
Only Selling 770k(nego a bit)
For More Detail Pls Call Mr Goh
012-4105400
October 23, 2010 10:59 PM Warner said...: Ridicously selling at RM 513 per sqft.
October 24, 2010 3:31 PM winnie said...: Attention of all the buyers. Please read all the comments and see all the picture of IJM PLATINO in this blog b4 you continue buying IJM projects.

Dont simply waste your hard earn money... For those you have bought it, be ready for big big disappointment with IJM Project.
March 24, 2011 3:43 PM Siao Fung said...: Any 1 want to let go their the light liner? please send detail to my email siaofung1980@gmail.com. I am serious buyer.

Thanks
July 7, 2011 9:37 PM Lol said...: A new concept, a new design, a new penang!
We can see Penang is changing nowadays. Come with new facade and design residential township where only KL have. THE LIGHT is selling like hot cake in Penang. Heard they are going to launch last phase of the residential apartments in August 2011. Bravo!
Penangites are clever choosing a property to buy.
有远见才有机会。
July 30, 2011 10:13 PM Anonymous said...: This project is good~~!
July 31, 2011 2:30 AM Anonymous said...: A disaster waiting to happen....
July 31, 2011 12:24 PM condomana said...: why is it a disaster?
September 13, 2011 2:34 PM KL Wong said...: How come other ppl can put the sale ad, wheares mine is being deleted?
September 17, 2011 9:54 AM fl09_Ever said...: The first phase of the so called high end the light going to complete soon. I wonder how IJmLand going to handover the units. Will it be same as their others condos? Customer service will improve? Really looking forward to it.
September 28, 2011 11:14 PM rtek333 said...: very very noisy area .....
there's an expressway in front and pg bridge beside which is heavily loaded with traffic all day and night..
you can literally hear the cars thumping the bridge road joints as they cross the bridge.. and the traffic noise from the expressway is horrible...

go to the site and stand there for half hour and you'll know what i mean. wonder why there's so many people who're willing to stay in such a noisy environment...

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