anybody here have eyeing this project ?

I am quite interested as I received their email invitation today for the Divina Tower... cool...

Price from RM1024/sq ft up

where is it?? can give more infor???

Yea, share some info here pls.

location along jln Tun Razak, KL. total 4 tower, 1st tower fully sold out, 2nd tower limited, 3rd tower now open for sale, and soft launching is the tower 4, named Divina...just now I call their SA, the 3rd tower Celeste Tower, for smallest unit, 990 sq ft, 19th floor, asking RM1024/sq ft....

omg, now i only know malaysia actually have many rich dudes

according to the sp setia report, 4 units of sky residences have been sold worth a total of 6 million in January 2012 alone.

i guess many singaporean and taiwanese...

then, i only can look see look see and aim for low entry investment.

the more expensive of the condo the more difficult to sale this condo unless the location is extremely cantikkkkk...

about 80% of the buyers are Malaysian.

agree for new and over speculated unit, but nowaday, subsale for condo around KLCC still can easily get from 600 to 800 psf. I rather buy those. Seems like over supply around KLCC redi.

new unit vs old unit

should says sub sale is beginning over supply in golden triangle now.

Another almost 'sold out' before launch ? Must b from those SPS die hard fans.. hehe

the location is right opposite National Library ... i will go survey today....

adi got existing thread...
http://forum.lowyat.net/index.php?showtopi...98&hl=setia+sky

wah selling for so many years liao, cant even fully sold during boom time?

This post has been edited by twincharger07: Mar 28 2012, 09:17 PM

I think they are selling block by block, starting from A, B, C and now D (Alia, Boheme, Celeste and now Divina), and with each block the price increased further. Same marketing as SW, and i think it's clever of SPS to do so (for the company's profit, not the buyers).

got 1 unit to sell but so long also can not sell out, the demand a bit slow now

i've bought a unit in Celeste a few years back, the prices have not moved much since if at all, what's worse i saw in propertyguru asking of as low as 700psf for A&B, maybe units for A&B were sold at much lower rate than the price i paid for Celeste which is higher than 800psf. Setia Sky Residence has been a huge let down thus far, no MRT, no convenience, no features to sell. fingers crossed Celeste CCC will be delayed, works in my favour for penalty + buy time to let market correct then pick up again

This is the Setia Sky Residence behind IJN?

Even no chinese restaurant near by...

The only selling point compared others at KLCC area ===>the facilities are the best of the best...

nice to look at... not so nice to stay.... 800+ units on not so big land. squeeze squeeze use facility... become no nice no grand. stay here must have car to go out..not very walkable... jialat surrounding. wait wait till mrt2 ready or kampung become city.... sibeh long long wait....

only good thing u r at "kl city".... but currently anything after the flyover macam out of city centre area...aiii....

This post has been edited by HELLO HELLO: Jan 9 2014, 04:29 PM

Yes, Setia Sky Residence right next to IJN. the half hourly free shuttle bus ride to/ fro Petronas twin tower/ Suria should be more frequent, i.e. quarter hourly (15 min), will help to make up somewhat the lack of MRT within walking distance.

any residents of tower A & B to feedback on the traffic condition to/ fro Petronas tower/ suria on week days and weekends?

in fact the walk to the nearest MRT at Ampang Park is only about 1km, pleasant surprise! with the free shuttle bus pitch to KLCC/ Suria passing through Ampang Park, potentials in Kg Baru, will hold on to my Celeste unit! I continue to see promising potentials for Sky residence in the mid term.

And glad to see the rental rate is stabilizing and holding up at RM4 psf p month level, when Celeste is ready for VP and with the better furnishings, rental should hold at RM4.5 - RM5.5 psf level.

fingers crossed!

For Sale Sky Residence 1055 square feet, 20th Floor above.
Swimming Pool view and Facing Titiwangsa or North South.

Hi Anggun, what was your purchase price after discount per square foot ? Was it around rm800 to rm850 ?

Anyone has any feedback on this project???

The floor layout totally unacceptable to me. Seen the 1000+sf 2 bed unit, the private life lobby a complete waste of space, and I don't get it why need so many toilets/bathroom for such a small unit. The inefficient floor layout to me just mean I have e factor in at least 20% extra from net psf price paid. Also not to mention the surrounding of this project is a drawback. Not my cup of tea.

Floor design still ok for me...

ur right..the lobby is a waste...can convert to another room but will make the unit less exclusive n class...cos the tenants need to share lift...

the draw back is really on convenient and lack of public transport within walking distance....some more...even u wan to get chinese food nearby also difficult...

I think all SSR buyers willingly paid for the 80 sf space to use as a private lift lobby, exclusivity does not come for free , right? if one can afford it, who wants to stand at the lift lobby with residents of 7 or 8 other units in awkward silence or act friendly when not in the mood...

as for the lack of public transportation and chinese food, obviously its not just SSR, but also U-Thant, Bangsar and Sri Hartamas areas. the residents in these areas obviously have different needs and budget, and they mostly can afford to buy a car or two. in any case, jalan ipoh, jalan chow kit, jalan bukit bintang are 1 to 3 km away from SSR if one really want fancy char kuey teow once in a while

in a nutshell, every condo with different layout and at different location caters to different people with different needs and budgets, or unless there is a condo out there that is one size fit all with universal appeal?

Totally agreed!!!

Has anyone received any notice to collect keys for Celeste Tower? Think it has exceeded the legal date of handover.

Guys, I'm searching for a property to invest and noticed during Star property fair last weekend there is unsold units for Celeste and Divina tower. SPS is offering 3% rebate and absorbing legal fee. Stamp duty by Buyer.

Any thoughts on Setia Sky Residence (SSR) in terms of rental investment in years to come ???
I'm aware its away from LRT (Putra/Ampang Park). Although, shuttle service to KLCC is available till 6pm.

Also, not walking distance to any clubs/western outlets at night (foreigner point of view). There are some western eateries during work hours at nearby office towers but not much.

Mind sharing your thoughts please. I'm aware the launch of first tower has been a while and price increase would hv occured. I would be also lacking on early bird packages, rebate etc etc....
Btw, I dont see the older threads having much response compared to current newer property launches...
Also, is it not responsive currently due to change management of SPS to EW?...Does it actually has an after-effect?

Replies are much appreciated. Thanks guys...

This post has been edited by enigma666: Nov 25 2014, 03:53 PM

The workmanship really under expectation..see to believe 😧

Enigma boss, how much is the per square foot price after the 3% rebate ?

It is very easy for fully furnished units at SSR To secure expatriate tenants. They like it simply because of what they can get for the rm4k-rm5k rental price ---> the klcc view, the vast recreational facility and the 1300-1400 sq ft size units. There is really no Contest in the KLCC area unless the person has made up his mind to live inside the KLCC zone but then he must be willing to pay a lot more or settle for a sub 1000 sq ft unit. Entry to mid level expat professionals or managers getting about Euro 1000 per month housing allowance would be reasonable benchmark.

If u noticed the long queue of taxi at the petronas station in front of ssr waiting to pump NGV u Will realize it's very easy to get around.

Invest in ssr at least u r assured cash flow is less of a problem because it's easy to get tenant.

Just my personal opinion

This post has been edited by alovelyday2007: Dec 3 2014, 11:04 PM

Is it? Luckily the developer provides 3 years warranty for defect rectification and proves to be quite responsive in my experience.

Does anyone know where the exact location of STATION 15 KAMPUNG BARU NORTH is ?

Is it at the site where the 2 Petronas stations are located opposite Setia Sky Residence on Jalan Raja Muda Abdul Aziz ? It looks like the only place where the underground station exit could possibly be...

This is what the alignment shows:



This is what Google Map shows:

"nd glad to see the rental rate is stabilizing and holding up at RM4 psf p month level, when Celeste is ready for VP and with the better furnishings, rental should hold at RM4.5 - RM5.5 psf level."

Anggun.... is that for fully furnished units?

Hi, will the future "M101 SKYWHEEL KUALA LUMPUR" block some of the units view of KLCC ?

No guarantee future view will not get block. Have to study M101 SkyWheel project right in front.

I'm sure M101 won't block sky residence's view of the twin towers, it's located on the left side. The construction in front is the MRT station.

M101 keke if it completes

Anyone know what the initial selling price for block D, 1 bedroom unit?
Still got unit from developer?

Cheap lelong unit available.
Doorstep to MRT2 underground station.
With private lift luxury condo.

C-21-3A, Pangsapuri Servis, Sky Residences, No. 76, Jalan Raja Muda Abdul Aziz
Reserve price 🔥🔥RM 692,550🔥🔥
Freehold
872 sqft
Auction Date : 27-Apr-2019 (Sat)
*Possible bumi lot

Unit sold at reserve price 692,550.
Single bidder win.
Good catch.

Live from the auction floor

thank you for the pic AP
some people asked me their experience living / renting there, so I opened a thread yesterday to find out; didint realize there is a thread already.
u dont live there, right?

Thanks for that.

And if what I said was fake news, then why were there a few posters in another thread who highlighted this? Even the SA I dealt with mentioned the same thing, unless those few folks want to clearly badmouth those units they're selling. Where is the rebuttal (and proof) that all this is false?

To clarify, I said this not because I have something against Setia SP or for whatever biased opinion. The facilities condition I described at that time was what I saw in my visit then. Maybe recently it improved because the JMB/management managed to recover those monies and brought the suspect to book. I dunno. Appreciate if anyone can clarify this.

It was long story, just say it was an attempt by a party to tarnish the image of JMB.

The facilities deck was in bad condition, due to combination factors of material not suitable for outdoor and require constant care and maintenance and accelerated wear and tear due to heavy traffic. Anyway the deck already upgraded since last year.

There are many improvement that made by MC since then. Security enhanced, facilities repaired, Lesser issues associated with Airbnb nuisances etc.

Hi GKS, can share more any this project? is it worth for ownstay purpose? I saw few ads selling 1k sf, 2+1Bed 2Bath at 800k, but only 1c.p... how much is it the maintenance fee?

Hi any existing owners / tenants here? Do DM if you are in the whatsapp group, would like to join. Thanks

Hi bro, do you live there? Are the facilities maintained well? And do you know how much is the maintenance psf?

Is this project even fully sold?

Went to visit a friend who recently moved here.

Holy value Batman. RM 3,500 rent for a 1700 sqft unit with private lift and absolutely luxurious finishing. I like this model where you get subsidised to live in a resort setting. The maintenance fees are over 50c so yea don’t know much about landlord breaking even.

Common theme is if you can afford a little extra then you can absolutely secure 5 star living at minimal cost.

This post has been edited by Cavatzu: Jan 12 2022, 10:41 AM

Video Tour of Setia Sky Residences from a Japanese Expat, facilities looks very well maintained

just went to visit my sibling staying there last week. the place has the view to die for with close proximity to main KL city area. facilities looked well maintained with decent security

the MRT station building is progressing well, there is an exit directly outside the main guardhouse entrance. they are even building the road pedestrian pavement along both sides of the road with shelter in front of the condo (paid for by government).

weird thing is, i am seeing the units there going as low as RM770+ psf. am i missing something here?

Could be next to Kampung Baru, outside of Egg Yolk area. Malai indon area. Surrounded by boring things... National library, all kind of hospitals, sleepy performing art centre, national art gallery...

property bubble?

This post has been edited by plouffle0789: Aug 6 2022, 10:48 AM

Block B which is phase 1 was launched in 2009 (just after US' financial crash) at rm600+ psf with DIBS and other developer goodies plus also first 3 years rental income tax exemption thanks to Najib :-)

block C and D's completion around 2016 then caused oversupply and rental price for the average units to drop slowly from rm4k+ in 2013 to rm2k-rm3k now

phase 1 buyers made modest profit if exited before 2018 / 2019, rm20k compensation by MRT corp for land acquisition around then was a sweet farewell parting gift

early bird gets the worm

Wow didnt know about this. Do you think completion of MRT will help with the valuation in the area? I am not native to KL so im nt sure how much public transport connectivity is being valued in the area

It’s actually a very value for money unit to live in imo. Fantastic views, big build ups, decent facilities, cheap cheap rental. Though once the MRT is opened then the prices should normalise.

MRT2 line from Sg Buloh to Putrajaya operates early next year.

This apartment has very little upside in value appreciation.

Another lelong unit sold just now.
678sqft unit.
Sold at reserve price 567K.
Single bidder won unchallenged.

Good catch?

Another lelong unit sold today.
Single bidder won unchallenged.
Good catch.

park

How much more do you want? Of course after years of completion the value appreciation has reached the plateau

Lelong unit sold today.
Size 872sqft.

Sold at 600K.
Good catch it seems.

Maintenance fee RM0.7psf is it true?