Just received invitation for the preview launching on this coming Saturday (20/8/2011)

Might be going down for the preview to just check it out. Based on my chat with the Sales Manager, the prices are as stated below:

2-Sty Town Villas - RM585,000 onwards
3-Sty Town Villas - RM785,000 onwards
3-Sty Superlink - RM836,000 onwards

Concept & Design looks very appealing.

LEASEHOLD

Site Plan & Layout are as attached....


Attached thumbnail(s)

Very nice design/concept indeed. Pricing wise is a bit hefty.
The town villas are a little weird. No washroom for ground floor except the guest room. Very troublesome and not practical. And with such width, they can't do private baths within each room?
the 3 storey superlink is more like a dornal double storey with a underground carpark. again, layout is not maximised with such beautiful width. sharing bathroom is a big no no IMHO. spaces could be utilised much better for the bedrooms.
still, big built-ups. i assume this is G&G?
can't spot much facilities though other than the playground.
but love the duplex effect for the type A though.

wahh very nice concept, design and layout..atleast it's different layout from other developers....yup..the price is too much for a leashold

Please refer to this link..

20k rebate

http://spkhomes.spkb.net/50residensi/index.html

Very true about the 3-Sty Town Villas....they haven't maximized the layout and it does at all give an 3-sty impression with the ground floor is a mere car park with an access staircase....

nice design and concept, at first glance price is quite steep for a townhouse, but looking at other similar concept Cascadia TTP and Odora 16 Siera market price is almost touch 500k, i think this is a reasonable price consider the duplex design.

the 3 storey super link is a joke, not even 2 and a half, i think it is 2 and 1/3 or 1/4.

2 storey Townvilla is a better bet.

Sadly, the units for the Semi-D are indeed very very very limited....guess the public won't be able to purchase it....

with that level design...it must have landed in a quite sloping land, perhaps a hill? anyone went to the site can share a bit the site layout?

---

Added on August 18, 2011, 12:53 pmonly 2 units, that probably for the Director and GM lol

This post has been edited by Apscen: Aug 18 2011, 12:53 PM

the price rather steep considering 500k++ can get double storey in that area.

any comments?

Hmm, not sure about that. Nearest "new" dev would be Denai Alam (Sime Darby). That from iProp is going for like 600-700+k already?

That is of course sub-sale pricing bro....and DENAI ALAM is FREEHOLD....

Nowadays should be care abt Freehold / Leasehold?

Well, only 50 units, i think sure tomorrow will have a big crowd there!!

anyone been to the preview today? wanted to know how's the response of sales for this expensive priced house at this uncertain time?

Think saw only 3 units of 2-storey left (1 of them is 23A). The others, not too hot. But from my rough calculation, it's about 60% stickered.

Think sales is slowing down generally?

The 2 storey ones all kena sapu except the corner ones like what you said.
Went there and SPK needs a pre-approved loan before buyers can book the units. Those who went without pre-approved loan and submitted their documents on Saturday/Sunday may be getting their LO by this week. Probably more units will be taken this week.

nice concept, i likey it the fact u stay in townhouse but u dont feel like u stay in townhouse. big credit to cahaya spk ..

Personally, I like the concept. But more the 3-storey ones, with the sky deck. ... but quite exp. Think 780k or something.

There are 8 units of super-link which is more or less the 3-storey without your bottom 2-storey neighbour, and the sky deck is actually a land-garden on the 1st floor (not ground floor). Very little linked houses having such a big garden on 1st floor. Though only thing a bit worrying is it's next to a hill.

Wonder who has booked these units. Launched in August last year but until now, I don't see anything at the site. What is happening?

went to property expo in Mid Valley today, and found out there still got 3 units left, and the price start around 909k for 2-storey intermediate..

after googled this project, i found this project was launched in 2011,
the sales girls said, the land just flattened, what happened to this project for the last 3 years??

i guess buyers need to wait another 3 years for project completion?

Same Project?

...maybe different phase?

nope, it is the same project, same phase,
it just somehow got 3 more units...
(now 2 intermediate, cuz we just booked 1... )

just found out why the project delay for 3 years, because the structure design not approved by MBSA,
now they already got the licence from MBSA, n the project should be completed by June 2016...

There MUST be a HUGE settlement for the early buyers who have to wait 3 years just to get their project kick-off its construction phase.

How much difference are the selling price now compared to the initial launch?

The 2 storey superlink intermediate unit now cost rm909,000

Cahaya SPK U9 Shah Alam
2 sty intermediate house for Sale
Semi furnished with kitchen cabinet, oven, water heater, air cond and built in wardrobe.
4+1 room and 4 bathroom. Kitchen extension.
24x80 land area. Asking only RM780,000 negotiable.
View to appreciate.

Please call Yiing at 016 867 8917 for viewing appointment.

All sold out..but got some subsale pre VP at rm1.05m. Went to site and walked into a few houses...abt 90% complete. Lower 2 story units very nice. Esp the front row..good view. Like the private backyard....quite expensive although for the concept and environment is very worth the investment. Dash hw is a boost. Too bad I missed this out when it was launched and cheaper...

Development Updates:
2 Nov 2014


18 Feb 2015


27 Mac 2015


26 July 2015


21 Nov 2015


* How to rotate the pictures? Suddenly after upload, upside down...

This post has been edited by alienfighter: Feb 8 2016, 11:57 PM

I was there when they promoted this (partly because I was so interested with the bungalow by the lake)..

to me its too stuffed. although the design is luxurious one cant help to think its a serviced condo due to the design..or maybe its just me

1st Auction at RM 1 mil...
3 storey town villa..
37, 50 Residensi, Jalan Persiaran Hijau Kasturi, Cahaya SPK, Section U9, 40150 Shah Alam

Latest reserve price🔥🔥RM 657k🔥🔥
3479sqft leasehold
Auction date: 24/1/18

Mr Askar, are we talking abt the same row!?

https://www.propertyguru.com.my/property-li...ohamed-24572396

https://www.iproperty.com.my/property/shah-...m/sale-5800766/

This post has been edited by acougan: Jan 13 2018, 07:13 PM

The same row, type B1

Wonder how much the banks will valuate such an aset.

No taker.

1st Auction at RM 1 mil...
3 storey town villa..
37, 50 Residensi, Jalan Persiaran Hijau Kasturi, Cahaya SPK, Section U9, 40150 Shah Alam

Latest reserve price🔥🔥RM 591,300 🔥🔥
3479sqft leasehold
Auction date: Feb 18

4 bidders. Sold at 740k.
So weird why at last reserve pricing 657k nobody bother to bid.
Now end up paying another extra 100k. Crazy.

still its quite a good price for the 3 storey villa... haha... the DSL there also selling around 700k+-.... this villa located at better location than the DSL if not mistaken....

Very cheap lelong unit check in from 3 storey superlink.
Refer 1st post. Superlink is the most expensive type here.
Launch from 836k. Now lelong at half price.
But expect big fight.
Big question is why last month nobody interested to grab?


45, Persiaran Hijau Kasturi, 50 Residensi
Reserve price 🔥🔥RM 404,400🔥🔥
Leasehold until 2108
Land area: 1421sqft
Built up: 3294sqft
(Intermediate lot)
Auction: 20-Feb-2021 (Sat)
*BUMI lot









Previous Auction(s) for this property
Auction Date Price
2021-01-30 RM505,440.00
2021-01-09 RM631,800.00
2020-12-19 RM702,000.00
2020-11-28 RM780,000.00

Haha no one expected it to drop 20%. I mean, if drop 10% means RP of RM455k still ok la.

404k for this beauty, so damn value.

Attracted few bidders fight just now.
Sold at 554k.

Last round at 505k but nobody interested.
As usual everyone willing to wait for price to be rock bottom then only enter fight.

Based on your experience in this field, why do you think this happens?
- Lack of knowledge?
- Greed?
- FOMO?

Will the market be efficient enough that this sort of thing will happen lesser in the future?

Timing