Boss, I'm talking about the land, RM100 psf, gated guarded with club house

oooo ok

When is the ballotting?

This post has been edited by midnitejazz: Nov 20 2012, 08:47 PM

i also receive it...lol..
not much info in that sms also actually

Can help to share what is in the SMS?

RM0.00 [Setia EcoHill] BUNGALOW LOT Balloting Registration 27/11/12-6/12/12. Bring p/copy IC & RM20k bank draft pay to Setia Ecohill Sdn Bhd (Submit to: No 2 Jalan Setia Indah AD U13/AD, Setia Alam Seksyen U13, 40170 Shah Alam, Selangor). 1 name per bank draft. Info 0333432255

Thank you. Doesn't say what is the price and when the result will be announced.

Approx rm100psf

I have never bought a bungalow lot so quite a newbie. is rm100 psf expensive or reasonable? if 6000 sqft already rm600k.... in semenyih

I hv registered but do not receive any sms from sp setia

got sms from them too. but not interested in bunglow lot.

Ha ha... Land better, land better...

Any reason why sp setia start with bungalow lot first as this not so affordable and thus not within the reach of many.

For a developer, sellimg bungalow lots allows faster sales turnover with minimal cost involved (since they don't need to built anything on your purchased lot for u).

Logical thinking .... this will be the fast and easy way to collect fund for next development..

buy land should be ok.

SPS bought the land at 25/sf. They don't need to build anything but sell it at 100/sf. Take that money to then clear the land and build the roads or infrastructure. Huge profit from this and then use the profit to further launch the Semi-D, Bungalow, and DSLH.

funny lah u, u thought work as developer so simple meh? just buy land then can sell redi?

u need to do subdivision

u need to clear the land

u need to do up the building platform by earthwork

u need to provide road, drain, storm water detention, street light, sewerage treatment plant, water pipe, pump house, elevated water tank, TNB sub station, power cable, telekom cable, perimeter fencing, retaining wall, turfing, hardscape, softscape and garden

u need to surrender some land ad buffer zone and water retention.

u need a team to hard sell it.

u need consultant to plan for it.

think out of the box, all this add up + land cost almost rm90 psft nowaday.

soli, i must correct ur mindset

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Added on November 21, 2012, 2:09 pmbuy land but idle there for 5 years with no recurring income but meanwhile paying all those maintenance fee, quite rent and assessment fee for nothing? no thx

This post has been edited by peri peri: Nov 21 2012, 02:09 PM

Bingo!!!!
If easy a lot developer already lar.

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Added on November 21, 2012, 2:22 pmafter dedut all the common areas, I think SPS nett land cost shd be round RM40/sf

This post has been edited by UFO-ET: Nov 21 2012, 02:22 PM