Golden Triangle 2 , Relau

[ Golden Triangle 2 ]

Howdy everyone , new project in Relau, Penang. *A hustle and bustle of the big city
Although this area is sometimes a bit slow with the traffic, it could means the area is growing steadily so as your house price isn't it? Lets not look at the bad side of everything and look at this new awesome deal in Penang!

[Agent's Perspective]

The block is going to be built side by side of Golden Triangle 1 with commercial shoplots in a few floors below. Construction starts May-July 2017 and expected to complete in 2021.

Location
- A strategic location sitting by the mountain and facing the sea. (sunrise view as it faces the PISA/sPice arena.)
- Close to public university of Penang which is USM and also to the international school of INTI.
- Several food courts are available within few minutes away
- Near the route to penang airport

Unit attractions
- 38 storey high residential suites that comes with two sizes : 1163sqft and 1238 sqft.
- New attraction of having a sky garden on every floor [Which shows you the greens each time the lift opens]
- Three tier security [ Security guards with card scanning access to carpark and lift ]
- Low maintenance sinking fund of RM0.18 per sqft (which makes up to ~ 2xx / month)
- 2 carparks are given for each unit!
- Few floors of commercial shoplots are right below your house, land appreciation is going to be awesome!

Payment
- Low booking fee of RM5,000 only
- Priced 5xxK onwards
- Free SPA and Loan fees ( but excludes stamping duty)

[Investor's Perspective]

Well this is definitely an awesome choice for families that would be expecting their children to study at local universities such as USM and Inti. Just avoid going out on peak hours alright.

Although it is priced at 5xxK for now, it actually offers a rebate of 50k to the purchase price ( which mean the final price after calculating everything in)

And also an Interest Subsidy of 20k in terms of voucher form ( which you can use to pay off part of your loan, it is going to be given in two building stages with 10k each)

Now thats 70k off the price we bought the unit, whats more to the spice?

Freebies that comes with the unit!
Developer will give you another two units of air-conditioning with inverter, and they will also help you put it up on the house with concealed piping!
Thats probably going to cost us around 2k if we do it ourselves. (not including the setup fees yet)

Tinted windows and window frames, shoe racks and FLOOR TILES are provided as in showroom!
Now the tiles are important factor too, could be quite costy if you do-it-yourself.

The bad side? Hustle and bustle. Good for someone who enjoys the city liveliness though.
Traffic jams are quite common in the peak hours. Could be quite pricey compared to available condo projects in Penang Island right now. Each have their own reasoning for their price though.


Last but not least, do leave your comment or send me your details ( name, phone number) if you are interested to get to know more about it! I am both a real estate agent and investor as well.

If you want to be anonymous, just use the google form  here !

Kindly remind me if there are any mistakes or copyright infringement. Thank you.
*Photos obtained from GT2 Brochures

W.