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Investment SETAPAK GREEN RESIDENCES by UOA, Your Enclave for Refresh Living

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newkidontheblock
post Oct 21 2010, 10:39 AM

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Based on the all the comments seen here and from what I have understood from KP and UOA - I think both projects have their own merits. I referring to 288 and SG, of course as their product is almost similar. 222 is a whole different kind of animal.

Let's take a look:
ITEM 1 - COMPANY REPUTATION
KP is a new developer - can trust? Well, I doubt that KP is a hit and run company. For their first few projects, they are keen to impress the public and develop some confidence in buyers. So I think 288 can try.
UOA - established and reliable. No 2nd guessing on whether they can perform. SG can buy too.

ITEM 2 - LOCATION
Well, they are both in more or less the same place. Sure certain views are blocked by either building - SG block 222/288 KL view and 222/288 block SG Genting view. So choose your units wisely.
Road expansion? Well, I have spoken to representatives of both developers and they seem very certain that it will be going ahead. Sure once all the blocks are completed there may be a bottle-neck at this area, but at least these guys are doing their part to widen the road to ease the traffic.
Both wins.

ITEM 3 - PRODUCT : BUILDING
288 building facade is nice - judging from their artist's impressions, very stylish. SG - definitely not as nice, but then again SG not launched, only preview. Sales staff said product still improving. Cross fingers.
Dual access in SG? UOA not sure as they mentioned is dependent on authority. If got, then great! KP - definitely 1 access only.
Open garden space in SG very nice. Like small park.
288 no space for that - but nice facilities area - like hotel.

ITEM 4 - PRODUCT : UNITS
Living Room width given in 288 is larger than SG;
Bathrooms in SG better than 288 as majority is natural ventilated;
SG changed design so more ventilation at yard area - esp for air-con. 288 not sure where air-con compressor is placed;

ITEM 5 - PRICING
288 give kitchen cabinets and appliances (Electrolux some more!) is very good. Helps the small families save money on renovation. Technically buyer is paying for it, but at least its in the loan amount already so no need pay full lump sum like during renovation.
UOA don't have. But give buyers the opportunity to create their own style. I mean esp for larger units, buyers have a little more money and may like to design to their own taste, rather than stick to the standard kitchen design and colour. I'm sure KP will give a contemporary kitchen design acceptable to most, but it is still standard.

SG give 2 car parks - a definitely plus point as for units with 3 bedrooms, 2 cp is minimum requirement.
288 give 1 cp only. So I guess money saved on not doing kitchen renovation will use for buying/renting extra car park.

This list can go on and on - comparing all pros and cons of both projects. I have to say they both have their own merits, so it really boils down to personal preference and what each buyer looks for.
Me? What did I buy? Personally, I took up SG. Why?
1. 2 cp important for me & wife
2. I'm designer & like to cook so like design my own kitchen
3. Thinking of start a family, so park is nice
4. Friend bought UOA park residence, say design & specs ok

At first I was not sure about SG, cause during their preview, they kept changing design. Poster one type, then easal stand got another. Why? If not ready don't launch lah. Didn't seem very pro.
Later I thought - UOA is established company, I'm sure they are not so slip-shot. Maybe this is their strategy. Do a sneak preview, get feedback from customers, then amend design. Sure, it's a little unconventional, but ultimately its for the better. I look at their revised layout and it is definitely an improvement. I like the big kitchen now. smile.gif

In conclusion - buyers of 288 and SG are both winners. REALLY REALLY depends on what is important for you. For flippers, maybe can earn some extra cash, but my philosopy is buy something that you like to stay in. If you like it, chances in selling or leasing it is higher, cause even you would like to stay there.

Good luck all!!
newkidontheblock
post Oct 21 2010, 07:50 PM

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QUOTE(sunnie3138 @ Oct 21 2010, 06:24 PM)
I place stake holder fee of RM10,000 last Saturday, booking for a unit at 3rd Floor 1480sq fts.  Still no plan nor layout showed to me yet.....

NKOTB quoted he got the revised layout???
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I meant the revised layout shown that day - original on the poster, the other one show in the SA files.
newkidontheblock
post Oct 22 2010, 02:25 PM

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Carlhoe: Wow - that is surprising! But I don't really understand what you mean by "fire safety" - like hose reel, fire extinguisher, etc? These are authority requirements - all developers need to include these things in, if not they cannot get CF.

This post has been edited by newkidontheblock: Oct 22 2010, 02:27 PM

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