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Investment SP Setia EcoHill Semenyih Registration, Semenyih greatest hope

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AVFAN
post Dec 20 2012, 10:29 AM

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QUOTE(Chris Chew @ Dec 20 2012, 12:40 AM)
Semenyih catalyst by SP Setia really that attractive?

But IMHO, the 2 pieces of land 1000 acres + 670 acres ( sandwhich by another 1,100 acres land ) take at least 7-10 years to become what is Setia Alam today ...
*
seti alam/ecopark total 4,000 acres.
first houses and shoplots started building in 2005.
most people started to move in, shops open in 2008, gomen schools opened in 2000.
ignoring the crazy bbb effect, took 5 years for it be "reasonable".

denai alam, alam impian, bandar bukit raja - are they reasonable or booming today after same 5-8 years?
booming or not, people still bbb these houses like no tmrw, rite? so, does it matter if boom or not to have cap appr??!!
or is it more like people wanting to buy simply because of bbb still, freehold houses - believe anything in that category will surely make $??

ecohill first bungalow lots sold out is encouraging.
but 380k for 20x65 dsl is pretty steep, quite high for starters.
smd, assuming about 40x85 at 700k is not bad.
if meanngful, compare with the first setia alam houses 20x65 at 200k and first 40x85 at 600k - these are original dev prices in 2005.

this ecohill will no need 2 key things to happen nicely, besides the speculators all wanting a bite now:
1... people from cheras/bangi side buying subsale smallest dsl min 500k, move and live there by 2016.
2....shops and schools to get built and open by 2018

so, yes, i agree... will likely take 7-8 yrs min, so, profits in 2020!! tongue.gif

This post has been edited by AVFAN: Dec 20 2012, 10:36 AM
jepakazoid_82
post Dec 20 2012, 11:28 AM

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QUOTE(AVFAN @ Dec 20 2012, 10:29 AM)
seti alam/ecopark total 4,000 acres.
first houses and shoplots started building in 2005.
most people started to move in, shops open in 2008, gomen schools opened in 2000.
ignoring the crazy bbb effect, took 5 years for it be "reasonable".

denai alam, alam impian, bandar bukit raja - are they reasonable or booming today after same 5-8 years?
booming or not, people still bbb these houses like no tmrw, rite? so, does it matter if boom or not to have cap appr??!!
or is it more like people wanting to buy simply because of bbb still, freehold houses - believe anything in that category will surely make $??

ecohill first bungalow lots sold out is encouraging.
but 380k for 20x65 dsl is pretty steep, quite high for starters.
smd, assuming about 40x85 at 700k is not bad.
if meanngful, compare with the first setia alam houses 20x65 at 200k and first 40x85 at 600k - these are original dev prices in 2005.

this ecohill will no need 2 key things to happen nicely, besides the speculators all wanting a bite now:
1... people from cheras/bangi side buying subsale smallest dsl min 500k, move and live there by 2016.
2....shops and schools to get built and open by 2018

so, yes, i agree... will likely take 7-8 yrs min, so, profits in 2020!! tongue.gif
*
Property is always a long term investment. BBB!
Lcsx
post Dec 20 2012, 01:47 PM

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Is there any highway yet directly connection to cyberjaya from here? If not maybe SP Setia might pull cable to build anyway in the longer run. Could be a major catalyst.




Chris Chew
post Dec 20 2012, 01:56 PM

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Though the kampung place is a bit ulu now but could benefited from these.

Anyhow, the master plan looking good and they can plan a great infrastructure to make it nicer than Setia Alam for the next 10 years. It is just matter of time.

With 1700++ acres of land plus anor upcoming big dev of 1100 acres next to it. It would be a huge township of Semenyih in the future.

QUOTE(AVFAN @ Dec 20 2012, 10:29 AM)
seti alam/ecopark total 4,000 acres.
first houses and shoplots started building in 2005.
most people started to move in, shops open in 2008, gomen schools opened in 2000.
ignoring the crazy bbb effect, took 5 years for it be "reasonable".

denai alam, alam impian, bandar bukit raja - are they reasonable or booming today after same 5-8 years?
booming or not, people still bbb these houses like no tmrw, rite? so, does it matter if boom or not to have cap appr??!!
or is it more like people wanting to buy simply because of bbb still, freehold houses - believe anything in that category will surely make $??

ecohill first bungalow lots sold out is encouraging.
but 380k for 20x65 dsl is pretty steep, quite high for starters.
smd, assuming about 40x85 at 700k is not bad.
if meanngful, compare with the first setia alam houses 20x65 at 200k and first 40x85 at 600k - these are original dev prices in 2005.

this ecohill will no need 2 key things to happen nicely, besides the speculators all wanting a bite now:
1... people from cheras/bangi side buying subsale smallest dsl min 500k, move and live there by 2016.
2....shops and schools to get built and open by 2018

so, yes, i agree... will likely take 7-8 yrs min, so, profits in 2020!! tongue.gif
*
ahken100
post Dec 20 2012, 07:05 PM

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QUOTE(froglai88 @ Dec 20 2012, 07:39 AM)
A fren email me this morning, said he considering buying the commercial shoplot here, but require a few yrs of holding power. Wud like to seek opinion from all d sifus here, can buy or not ?
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I just came across to visit booth today. Bungalow land sold out. 1/3 for staff & 2/3 public. RM100/sqft quite expensive.

Although there claim was sold out, but still waiting those blind ppl booking might reject for loan, then you guys got chance to 2nd taker.

Bro, this area for holiding power quite long time. Maybe 5-10 years. Look into the maps, that's really far away from KL & PJ. If you travel to MV sigh... you definitely U-Turn back to shop in Kajang better.

Atleast 45min(moderate traffic hour) travel to MV, then coming back another 45mins. Dont know maybe 1hour.

All land sold were 90% chinese, meanwhile there bet for flip flop. But holding for empty land is risky for 5-6 years time. Cannot rent, No FD interest, no income at all for keeping land.

Myself accept only up to the limit at Saujana Impian or TTDI Groove(Naza), How could it be futher up again? Like this I buy Tampin land also can or Kesuma Lake cheaper. Bungalow land RM100/pc(for 1st taker, subsale even higher) still can get it at neighbour of Mahkota Cheras (110/sqft) or Sg.Long(110) or Impian Golf(Sime Darby - 120/sqft).

To be honest, this moment I really can't accept to invest such a far far area. I am city boy, I dont want back to my old state again lar. Im shifted from Kajang to KL for 10 years here. How could it be shift back to Semenyih again d. Sigh !!
AVFAN
post Dec 20 2012, 07:42 PM

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QUOTE(jepakazoid_82 @ Dec 20 2012, 11:28 AM)
Property is always a long term investment. BBB!
*
QUOTE(Chris Chew @ Dec 20 2012, 01:56 PM)
Though the kampung place is a bit ulu now but could benefited from these.
Anyhow, the master plan looking good and they can plan a great infrastructure to make it nicer than Setia Alam for the next 10 years. It is just matter of time.
With 1700++ acres of land plus anor upcoming big dev of 1100 acres next to it. It would be a huge township of Semenyih in the future.
*
QUOTE(ahken100 @ Dec 20 2012, 07:05 PM)
All land sold were 90% chinese, meanwhile there bet for flip flop. But holding for empty land is risky for 5-6 years time. Cannot rent, No FD interest, no income at all for keeping land.
To be honest, this moment I really can't accept to invest such a far far area. I am city boy, I dont want back to my old state again lar. Im shifted from Kajang to KL for 10 years here. How could it be shift back to Semenyih again d. Sigh !!
*

i think the above 3 comments say it all:

if you have enough faith in the developer and ready to take a long term (>7 yrs?) view, go for it.

if you are a fast urban/suburban flipper/landlord, this kampung place as it is now is a definite no-no.

and i agree, investing in land is not the same as house/condo. much higher risk/reward profile, not for everyone.

from all the comments i read here and elsewhere, most likely the first smds will have to be balloted, the first dsls, maybe not.

first buyers as first movers may get rewarded better but are guinea pigs in a way. perhaps buying into 2nd-3rd launches when a bit more is done is an overall better bet?

This post has been edited by AVFAN: Dec 20 2012, 07:45 PM
SUSNew Klang
post Dec 21 2012, 10:24 AM

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I think this place is good in by 2020. I did not get a ballot and I am in the waiting list for drop outs.
airline
post Dec 21 2012, 11:02 AM

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How much the price of the bungalows
charlieboy61
post Dec 21 2012, 12:09 PM

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QUOTE(airline @ Dec 21 2012, 11:02 AM)
How much the price of the bungalows
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Sp setia not selling bangalow, sell only bungalow lots. Heard its 100 psf.
Chris Chew
post Dec 21 2012, 01:21 PM

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QUOTE(New Klang @ Dec 21 2012, 10:24 AM)
I think this place is good in by 2020. I did not get a ballot and I am in the waiting list for drop outs.
*
No worry. Ttl 300+ lots, sure got few drop out of loan rejected or undesire loan margin.

Or else, wait next batch of bungalow vacant land, another 300+ lots, should be ard June 2013.

snetha11
post Dec 28 2012, 05:03 PM

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QUOTE(izzudrecoba @ Sep 3 2012, 05:43 PM)
Hi Danielisme,

I agree that the developer in Kajang was greedy  over the years with an unbeliavably expensive price.

Example:
In 2010: One can purchase Semi-D behind TTDI Grove Sales Gallery at RM400k. In 2012, that Semi-D was valued at RM 1 million+. The same site in which TTDI Grove 2-stry link house priced located was priced at RM 768,000 in 2012. Unbelievable  sweat.gif
In 2010: Hillpark Home Phase 1 Kajang was priced at RM 240,000 (20 x 75). In 2012, Hillpark Home Phase 2 was priced at RM 368,000 (20 x 70). Furthermore, the house was located in Mukim Semenyih, not Kajang. What a joke.  doh.gif
If any SP Setia staff reading this forum, please consider a highly competitive indicative price for SP Setia Eco Hill Semenyih. We work like a galley slave to save, invest, and purchase the landed property for our future and for our children's future.
*
TRUE! sweat.gif
MrHunter
post Dec 28 2012, 10:00 PM

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From the location of seh, it is nearer to go seremban than kl according to tk.
Malaysian_driver
post Dec 30 2012, 02:05 AM

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QUOTE(snetha11 @ Dec 28 2012, 05:03 PM)
TRUE!  sweat.gif
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Fat hope... They are out to make profit, not charity.
karma888
post Dec 30 2012, 01:29 PM

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QUOTE(ahken100 @ Dec 20 2012, 07:05 PM)
I just came across to visit booth today. Bungalow land sold out. 1/3 for staff & 2/3 public. RM100/sqft quite expensive.

Although there claim was sold out, but still waiting those blind ppl booking might reject for loan, then you guys got chance to 2nd taker.

Bro, this area for holiding power quite long time. Maybe 5-10 years. Look into the maps, that's really far away from KL & PJ. If you travel to MV sigh... you definitely U-Turn back to shop in Kajang better.

Atleast 45min(moderate traffic hour) travel to MV, then coming back another 45mins. Dont know maybe 1hour.

All land sold were 90% chinese, meanwhile there bet for flip flop. But holding for empty land is risky for 5-6 years time. Cannot rent, No FD interest, no income at all for keeping land.

Myself accept only up to the limit at Saujana Impian or TTDI Groove(Naza), How could it be futher up again? Like this I buy Tampin land also can or Kesuma Lake cheaper. Bungalow land RM100/pc(for 1st taker, subsale even higher) still can get it at neighbour of Mahkota Cheras (110/sqft) or Sg.Long(110) or Impian Golf(Sime Darby - 120/sqft).

To be honest, this moment I really can't accept to invest such a far far area. I am city boy, I dont want back to my old state again lar. Im shifted from Kajang to KL for 10 years here. How could it be shift back to Semenyih again d. Sigh !!
*
Rawang properties is much nearer to KL and PJ and cheaper too. Why some ppl never think out of the box???

Using NSE, it takes 10 to 20 minutes only.
siakap5
post Dec 30 2012, 02:35 PM

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Rawang is not as good as kajang semenyih.......period

Malaysian_driver
post Dec 30 2012, 02:49 PM

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QUOTE(siakap5 @ Dec 30 2012, 02:35 PM)
Rawang is not as good as kajang semenyih.......period
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In terms of development?
maldiniho
post Dec 30 2012, 04:34 PM

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QUOTE(Malaysian_driver @ Dec 30 2012, 02:49 PM)
In terms of development?
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It's perception that ppl have and the hype built up by developers. Can't be rationalized and explained by logical reasons. With more and more high profile developments in kajang-semeryih strip and rawang continues to sleep, bet more ppl will put they money on kajang/semeryih
C31
post Dec 30 2012, 04:46 PM

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QUOTE(karma888 @ Dec 30 2012, 01:29 PM)
Rawang properties is much nearer to KL and PJ and cheaper too. Why some ppl never think out of the box???

Using NSE, it takes 10 to 20 minutes only.
*
Rawang don't have SPSetia. Else BBB too.
Nowaday location is not important, but brand yes.
siakap5
post Dec 30 2012, 05:11 PM

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QUOTE(C31 @ Dec 30 2012, 04:46 PM)
Rawang don't have SPSetia. Else BBB too.
Nowaday location is not important, but brand yes.
*
U r pure rubbish. There is mah sing.
fahrur_07
post Dec 30 2012, 08:25 PM

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rawang dont have nirvana lol!

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