Setia Alam is SP Setia first stepping stone. They learnt and improve drastically over the years.

Regarding setia alam, u hardly noticed any D/S terrace else where using IBS which is tunnel formwork for their shear wall system.

SPS 1st maiden project is Pusat Bandar Puchong. Quality shd improve fr there. Till I examine their Setia Walk and Setia City Mall, the material used and finishing is below my expectation, in this context, Gamuda, Dijaya, Sunrise, I&P, IJM clearly better.

This post has been edited by UFO-ET: Nov 19 2012, 04:07 PM

Pusat Bandar Puchong = doesnt look like a product by SP Setia. I didnt realize it was SP Setia who built it until someone told me. But maybe I shouldnt compare old product by SP Setia with the new ones.

Setia Walk = cun. Like going there to minum2.

This post has been edited by AMINT: Nov 19 2012, 05:17 PM

different township or development different management team. thats why they got bandar setia alam s/b, bandar eco etia s/b, setia duta one, setia precast, setia indah (indah & tropika) setia walk , and so on and on. The teams i dealt with are setia alam and eco park. Not mentioning the team in vietname, china and UK

about the material used, thats why SP setia having a trading arm called Setia Marketing. We as main contractor need to back lock most of the material purchase from the trading arm itself. So that SP setia can monitor the source of the material to be used in any of their projects.

This post has been edited by peri peri: Nov 19 2012, 04:19 PM

Seems that quality has improved with time

I notice their Johore housing quality is better

are you paying the market rate to setia marketing? or they are making some small % margin?

must you bought from setia marketing? (stated in the letter of award?) and they will deduct these materials $$ to setai marketing from your workdone cert?
I am from building materials buz.

This post has been edited by tikaram: Nov 19 2012, 06:05 PM

Seriously, I dont see SP Setia quality is top notch in general based upon the following:

1. Material used in SEP, SA are not really good quality type (comparing to similar type of property with similar pricing)
2. Building quality (workmanship) is acceptable

Marketing wise .... they are good and township wise, they are good in SA .... but whether or not a township is considered success or not, many other factor involved.

Service wise, they are good. This is very assuring unlike some of the top 10 developers.

I personally like SEG though.

My pal bid for Setia Walk, and have to walk away coz maincon cut cut cut cost till margin for them too slim ... in the end 3rd tier party won for subcontract works ..

Malaysia builder quality score card from domain.

SP Setia score high wo.

http://www.corenet.gov.sg/homeowners/lists...VMgUFJPSkVDVFM=

Laman granview of Puchong also inside. It is a pity it is not a BBB project. Got info only 20% sold. wtf. mutiara indah next to it. 100% sold. laman granview too expensive for the location? got clubhouse, on top of hill, after rain got cool mist. cons = price and leasehold?

This post has been edited by AMINT: Nov 19 2012, 08:31 PM

Understand ur question as trading house out there always asking me the same. Slightly different from sunway marketing. Any tendering to sp setia main building contract, u need to ask setia marketing to quote all material for pricing. Some they are unable to supply like roof truss, painting, marble and plaster ceiling board. U can source for other trading to qoute as well, but any quotation to setia project, all supplier out there already quote the best price for setia marketing oredi, pakat pakat. But material like steel, brc, formwork, timber, quarry material and vrc always got stiff competitor outside.

As i can says, almost 60% of the building material will be secure from setia marketing, they shall untung coz they giving us 90 days term and acc dept will debit such from any of our due payment.

Yes, It sound very familiar like what the sunway marketing are doing.

Well. My employer also allow some cash rebate to those developer's trading house. On top of the margin they get in from contractor like you.

If you check those trading house annual report ( from Ram Credit). Their profit Margin is quite high. Around 7-8%.

Believe me. They are getting this margin from contractor like you and if you elimitae them abd buy directly from my employer. You most likely can save 5 to 6% on cost.

It is very good system. They ensure materials quality & get some margin form contractor.

This post has been edited by tikaram: Nov 20 2012, 08:16 AM

yeah, thats my point on how SP Setia always ensure the best and right source of material to be use in any of their project. U hardly find such system with other big player developer. Not sure why still got some skeptical with SP Setia Quality. If compare with sime darby and ijm, totally different story.

Sunway marketing not so aggressive in term of trading. Thats why Sunway contract dept understand such issue and allow us to source from other trading. Imagine 10 personal ( 3 C.O.W, 1 project manager, 1 senior project manager, 1 assistant project manager, 1 contract manager, 1 resident engineer, 1 supply chain mgt manager, and 1 assistant general manager) all from sunway attending my site progress meeting (fortnightly). Yup, if compare with SP Setia, Sunway team is the BEST.

my 2cents

peri peri, sunway team may be the best but their prices sometimes so illogical. a little illogical price ok la. if too illogical, i need to be very drunk to sign snp with them. take sunway south quay. gila! i went to the launching with my dad and there was a tour guide for us. when looked at the price, everybody was shocked. Some dato' said loudly," hey, why so cheap aaa your price?" everybody started laughing except for the tour guide who was annoyed.

LOL! True.. I almost fainted when the SA told me GEO shoplot price

sunway south quey 1st phase those bungalows almost awarded to us last time. Very technical project because of the slopes and hard material beneath. All foundation using micro piles. That time launch price was rm4 mill and above. Dont be surprise who are the major buyers there. i heard was along

oh....

i am doing part time tax/ landlord bcs have some tenancy agreeement/ sometime write on chinese newspaper/ sometime win some $$ from running in sport / help someone prepare document like tenancy agreeemnt/ some time sport toto give me some money/ sell old newspaper to recycle center/sell health food product/ sell insurance too = side income

u don't know accountant have many "side income" meah?

This post has been edited by tikaram: Nov 20 2012, 09:58 AM

yup. i heard that too but mostly from arab investors. rm4 million was way back in 2006 sounded illogical for me. leasehold some more.

help u edited