I m not worry at all based on consideration below:-
1). SP Setia has so many big projects going on in Malaysia. The management will not allow the screw up happened especially SEG will be the benchmark for new company / management after tan Sri left.
2). Still got so many islands units plus high rise in SEG haven't been launched yet.
3). CCC which the developer is SP Setia also. They won't allow ppl to lost confident on them.
4). Concepts alr been firmed up + site clearing nearly completed. They just need to execute the works as per plan. Putting up fountains, greenery and landscape are not rocket science. Even DPC, UEM SH, Gamuda Jade Hills can deliver, why not SPS somemore they alr done it in Eco park?
5). Look at the pricing strategy for Liu Li garden 2. It's really spot on and beat all the competitors. They know that if they increase the pricing too much then they won't be competitive. Currently 26x95 (biggest landsize) at Rm1.2mil+ (reasonable) plus nearest gateway in cyber via future interchange from lingkaran putrajaya into SEg - can see that the management team is not stupid n quite switch on to the situation in SH, SR, MS etc.
6). Quite a number of SPS staff buying SEG regardless of own stay or investment.
They are the one who knows best about the insider news .if they buy also, why should we worry?
7). Worst scenario - SEG is not executed as beautiful as planned. Don't think any issue to put on landscape like other developments. Pricing of Rm1.2mil+ with great accessibilities, GnG, freehold - you can't be too wrong. Bear in mind that even lease hold projects nearby (puchong / SK and nusaputra) are alr selling close to Rm1.0mil.
Anyway, just my 2 cents to share.
QUOTE(fishermanship @ Jul 14 2013, 02:34 PM)
i see.... hope time will proof them wrong....
This post has been edited by Soros007: Jul 14 2013, 11:18 PM