A dedicated website for the upcoming SP Setia EcoHill Semenyih - set to transform Semenyih into much BOOMING areas than it was

You can register your interest for the project here.

http://www.setiaecohill.com.my/index.asp


Real-estate opportunities offered by SP Setia EcoHill Semenyih:

- 2 storey terrace house (Price from RM 380k onwards. Size 20 x 65 )
- Semi-detached
- Bungalow
- Shop office

Launching Date: April 2013

This post has been edited by izzudrecoba: Nov 27 2012, 04:44 PM


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Far lo, hopefully it's cheap.....

Yeah it is far. No doubt but far doesnt always mean not keng.

Dont think will come cheap. Maybe RM388,888 for 1st phase and subsequently RM438,888???

Imagine... 1997 Taman Tasik Semenyih bungalows (one of the first projects in Semenyih) were only RM350K, RM388K for double storey price consider well priced in today's standards. We should be looking at the range nearer to the latest housing at Pelangi Semenyih and Rinching area. Amenities such as KFC/Pizza Hut, Tesco, Jusco?(Possibly) will definitely ensure self-sustainability in terms of infrastructure. The only thing lacking are the banks and commercial areas, which one still has to drive out to the Semenyih town to get things done. It's actually not that far, with the LEKAS highway that goes straight to KL and SILK highway linking to the southwestern corridors (Putrajaya/Cyberjaya).

Hi pekoejazzy - Yes and No.

Yes - the amenities and consistent price appreciation in Semenyih over the years. Average ROI like 25 - 35%/year over the last 3-4 years.

No - Banks and commercial areas.

Semenyih has the following banks as of todate:

Banks
i. Public Bank
ii. Maybank
iii. Hong Leong Bank
iv. Ambank
v. EON Bank
vi. Bank Islam
vii. Bank Simpanan Nasional
viii. Ar-Rahnu Bank Rakyat

Commercial Areas
i. Semenyih Sentral
ii. Pelangi Semenyih Phase 1 Commercial Area
iii. New commercial area in Jalan Bangi Semenyih (near Plaza Tol Lekas Semenyih)
iv. New commercial area in Pelangi Semenyih Phase 2
v. Semenyih Heights commercial area
vi. New Bandar Baru Semenyih within SP Setia EcoHill vicinity

However, Semenyih needs high quality facilities like a shopping mall and better highway infrastructure. With developer like SP Setia coming, Semenyih's course to be a township hotspot will be a sucess.

One thing for sure about Semenyih - It has potential to keep on growing better that they way we wanted Semenyih to grow.

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Added on August 10, 2012, 11:21 amThis is incorrect. The price of the 2-stry terrace house will be earmarked for affordable housing (RM300k/unit indicative pricing), targeting the first time home buyers.

http://biz.thestar.com.my/news/story.asp?f...2&if_height=866

This post has been edited by izzudrecoba: Aug 10 2012, 03:53 PM

The map looks like near to KLCC but the fact is it's hours away...lol.

That's what we call the PAWA of marketing...

Lol. You are very funny, ronn77.

One love to benchmark KLCC and I lauded their decision to invest in a landed property within KLCC vicinity.

Unfortunately, one has an ideal but not necessary can translate that into a pragmatic action to buy a landed property that was near to KLCC - due to their tight salary and budget and the ever rising of a landed property near to KL (Example: Kajang New Price: > RM 600,000, Sg. Long New Price: RM 700,000, Puchong New/Subsale Price: > RM 600,000). Or in a simple term, one love to be John F. Kennedy to restore the world peace without any war, but in reality JFK was surrounded by the powerful CIA-FBI-Federal Reserve Cabal who resorted to liquidate and oppose JFK moral principle decision.

On the good side, Semenyih is strategically located within the boarders of Kajang-Seremban LEKAS highway, of which Semenyih stands to be in the forefront as beneficiary to the rapid development in the southern Klang Valley such as Putrajaya, Bandar Baru Bangi, Cyberjaya, and the new mega housing project in Sepang.

This post has been edited by izzudrecoba: Aug 10 2012, 11:50 AM

Registered. Just wondering how much would be the Semi-D or corner unit for the terrace?

By the way are you from developer side?

Nope. Semenyih is my hometown, but I grew up in PJ whilst watching my hometown transform from a silent old-town into an emerging real estate hospot over the years.

This post has been edited by izzudrecoba: Aug 10 2012, 09:23 PM

Lol! Selling property in Semenyih also have to quote JFK?
Anyway imho Semenyih has potential..

Dude , count from today . estimation it need 10 years to fully develop .

Next Setia Alam is born

One thing you should note that SPS is not the old days SPS which last year has been taken over by PKNS.
Do you know that Datuk Liew has began disposing his stakes in this company since this year?
If the chairman does not see the future or putting effort to expand the company then I can't see how this project going to be a successful one.
Without Datuk Liew, SPS will be like PKNS which you can judge how well this project going to be or it could be next white elephant although I do not doubt the potential of Semenyih.
Sorry but I don't think this will be next Setia Alam.

So not recommended to invest in Setia EcoHill and Setia Emas?

Same goes to Setia Ecoglades Cyberjaya? LOL

Yea, if head gone....all rojak

I think this is a fantastic opinion that is worth to be think and look at. Management takeover might inject fresh ideas and create more vibrant value to the company's future direction, or might create internal political turmoil and might be hazardous to the company's excellent track record.

Can you elaborate more the reason that SPS will be like PKNS without Datuk Yiew? I thought that the success of the project is the result of the collective effort - from the top management, architecture, contractor, and the relevant stakeholders such as MPKJ and highway contractors.

Thumb-up. Thanks for bringing up these point.

Yea, if head gone....all rojak
Open another property company to fight sps lo

I think to a certain extent, this can be a misguided statement. Excellent real-estate development companies like SPS, Sime Darby, or Naza TTDI must first and foremost govern by a good sense - and this can be achieved through excellent project management, world class organisational governance, competent and honest management, and the importance of choosing a well-caliber succession planning. If SPS didn't practise a proper succession planning to propel their company growth, than their company GDV investment for Setia Eco Hill was akin to an unsuccessful hunting shot.

If one take your statement seriously, then one can say the recent SPS purchase of the Battersea Power Station in London can be compared to dropping a professor in the shark tank.

By the way, I'm no-way affiliating with SP Setia. I'm just Semenyih hometown boy that is proud to see Semenyih emerged as a prime spot in the Klang Valley in these latter times.

This post has been edited by izzudrecoba: Aug 10 2012, 03:57 PM

This some how worries me a bit ... Some how makes me relate it to Apple without SJ ... Thx for pointing it out.

but apple is still running ma...sps will be the same but will be some changes only

Huhu. That is kinda sad. For me, top management plays a HUGE role in determining the success/failure/stagnant of a company. But I am still hoping that SP Setia can make another town like Setia Alam.

Yea, but sales dropped jor lo.

I also hoping that ... can't wait for their pre-launch/soft launch or whatever they may call it

Hope if Datuk LKS does leave SPS one day, he will start a new co again, like what Dato Alan Tong did. I will support him!

Datuk LKS have not quit yet right? Just selling his share only right?

Well, of course some people may thought the company does not belong to one man as it consist of collective efforts as you mentioned. What will be Apple and Microsoft today without Steve Jobs and Bill Gates?
When the company bought by someone, a lot of planning and ideas may be diverted from originally drafted and one thing that I know is Datuk Liew still in SPS not because of his own wish but because PKNS rely on him to navigate all the projects to make them successful as earlier projects. If someone with ambitions such as Datuk Liew is disposing his shares instead of holding it, the only assumptions which i can think of is he does not really putting his effort or he have other plans in his mind instead of long term achievements with SPS so I can't really have the confidence that they going to make this project a successful one.

This just my opinion as assets and equity investor, perhaps some bros here may share your thoughts.

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Added on August 10, 2012, 6:57 pmCheck the Apple sales revenue before and after Steve Jobs left the company and you will know why

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Added on August 10, 2012, 7:00 pmIf the chairman or director has confidence in company that will bring them millions then why they want to sell their shares? To repay debts?
Obviously, SPS just left the name or goodwill which PKNS is taking over the company to boost their image but the reality is that a lot of things has changed and Datuk Liew himself know more than others and his action can be seen lately from his activities. We don't have to be genius to guess this as some common sense will tell the whole stories.



This post has been edited by ronn77: Aug 10 2012, 07:00 PM

if you are trillionaire lks, what would you do? keep busting yr ass for what?
surely sell slowly, park the billions nicely elsewhere for next gen, try to keep a nice image, no?

we will all see the day soon - all these 50-70 yr old pioneers in my, (some will call them the biggest cronies) will sell out and make way for you know who. much already done, almost there la...

as to will it still be good, etc., just think sime, inp, cimb, syd moktar empire - if you think good, then all is good lor...

This post has been edited by AVFAN: Aug 10 2012, 10:00 PM

Why pkns ?. should be pnb right?

totally agree. 1st of all it is still a potential developer. if you were to ask to invest into nokia or apple stocks? i will still choose to go with apple.
afterall, Datuk LKS has formed a successful team regardless if he really leaves SP.

it doesnt really worry me if Datuk LKS is still the captain of SP. my only worry is if i have enough bullet to invest into setia eco hill.
just my 2 cent

In the end all of us will be buying property from government via GLC's. Not only property, but also cars, tyres, food franchise. I dont think it is good to promote healthy competition in the industry.

you r rite, PNB is the major stake for SPS now. PKNS is just a JV partner with SPS

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Added on August 13, 2012, 9:40 amPls don forget, another powerful stakeholder for SPS is Tun M's wife

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Added on August 13, 2012, 9:42 amMy previous experience with him in SPS, he did not involve much in master planning and design. He just merely a taikor to secure all network with bankers on $$$. He very good in looking $$$

This post has been edited by peri peri: Aug 13 2012, 09:42 AM

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This post has been edited by bsa12: Aug 13 2012, 01:35 PM

good news! my friend saying that the eco hill team is calling for main building tenderers to quote and tender now!

Anyone manage to get their master plan for this eco hill?

I heard there will be a interchange highway cut through the sunway semenyih and connect back to sg long silk = true?

By the way, what is the rational of sps selling their shares to pnb since they r doing so well?
Lack of funding, I doubt...

hit and run, they might foreseen bad recession to economy and market next year. get the CASH now and become a King rather says sorry tomorrow

sometimes it is not sps selling, buy pnb forcing to buy.

I agree with this statement.

I think is exactly the problem here when one is force to sell after years of sweat to build up the company. Wat to do..he has to look elsewhere especially when ur no longer a major shareholder.

Its a good earning company and DLiew only holding average share%, its time for takeover.
Anyway if Dliew starting any new company, 99 support. He has good repo.

its govern tactic to master the control over these market

Pnb is getting bigger with sps, inp and sd under their umbrella. Maybe they shud merge and create a giant property king in malaysia?

Yeal, in fact all these things was slowly form & shape since years ago and it was in various industries.

but he is old redi, same like vincent tan

still got ommph?

Not old if u compare to public bank boss...hehehe

I wanted to know this too.

we shall wait any see.

Peri gor ... pls update us when u got any more news to share ok? TQ TQ

haha, im looking for a landed house for retiring later. Always wanted to get 1 biji from SPS. sure, bro.

I be ur neighbor ok?
But i am not too sure yet either get 1 biji there and retire there or retire at my current house. Let's see how la .. But definitely quite interested in this project (either for own future plan or investment)

not sure until must see the overall 10 years master plan. If got 2 biji school, and shopping mall again, definitely BBB. Will wait for my friends in Setia Alam and Setia Eco to leak some info to me on this Ecohill.

As always early phase always a good good buy if the developer is reputable.

that's why pls don forget about me when u got the details ya bro!

1. School - Do you mean chinese school? Or any kebangsaan will do?
2. Shopping mall - What type of shopping mall you had in mind that u think is good to have there?

So far, I think we don't have any mega malls near to kajang right? The biggest that we have also The Mines? Not sure after the expansion for Jusco Cheras Selatan, will it be bigger than the mines?

I'm in for a retirement home at semenyih anytime.......ecohill will be in my radar

Bro, please keep me update. I want this retirement nest as well.

haha, when we all here retired and staying there, dont forget to book another great escapade home near there too

that's good reward for a retired man. personally thought secondary home shall keep in apartment for safetly & budget constraints

i dunno, fire or soil, still in dilemma

I would go for fire and interested to join my grandparents at nirvana now. I am sure my parents would be fire too. easier for the next generations to decide themselves if they want to come visit us (yearly) or not. If not also nvm.

Funny reason to invest in Semenyir

Not the main reason of course

I was unfamiliar with semenyih until i went for a tour to semenyih a few hours back. A lot like kampung la this area. what do you guess think?

I would need to take a day trip as well. But from the entry price, one should expect the area was in earlier developing stage.

But seriously kampung bro. only pelangi semenyih has kfc, mcd, pizza hut, tesco. Other places still kampung kau2. I was really looking forward to buy setia eco hills and setia emas but after I checked the place out, I couldnt help thinking that we nees more than 10 years minimum for the place to be like setia alam. Not a good investment plan in my opinion. 5 years are ok but for me in 10 years, it is not a good investment. Any taikor want to comment? Really appreciate it

what do u think Setia Eco Glades compared to Eco Hills? in terms of pricing and appreciation?

Setia eco glades is so much better than setia eco hills in terms of location. But for the price, I cant belp thinking that how can I invest with those that could give 100% capital appreciation in 5-7 years. But if you compare apple to apple, setia eco glades is probably so much better than setia eco hills. unless sp setia can do magic like setia alam.

This place is near to nilai tru lekas but nilai also failure place .. Look at surrounding all are plantation , abit new Factory coming up. 10 years may not enough to develop surrounding Neighbourhood .

Yup. Huhu. So what do you think? No go for setia eco hills? Kajang @ Saujana Impian better?

10 years we can have few round buy/sell already

10 years!!! My view is too optimistic!
Putrajaya & Cyberjaya took 15-20 years with all tax payers' money still not achieve self sufficient yet... so, with 2-3 major developers possible to make it?

Freehold? How much for the double storey?

they says phase 1 price start below rm300k, better prepare bullet now for a retiree home sweet home

yup. my thinking 10 years minimum. I will not invest in this for now. later maybe. huhu

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Added on August 19, 2012, 1:42 pmHmm, if below RM300K, maybe ok. but need to park that RM300k for a very long time

This post has been edited by AMINT: Aug 19 2012, 01:42 PM

AMINT, from your past comments I think you really shooting a duck in the dark. Have you been to Semenyih Sentral? And which part of Kampung are you referring too? Have you realized that there are more than 5 concurrent commercial real estate development in Semenyih at the moment?

Your pessimism comments didn't help much property investors looking to invest in Semenyih. I suggest you do your own due-diligence in these area before saying something that are simply diluting the reality.

And any reason for you to form a conclusion that Semenyih needs 10 years to develop the township? Have you obtained any fact and figures from SP Setia annual report or merely saying something out of your mouth? Semenyih Sentral for example, took Yayasan Selangor about less than 4-5 years to develop the commercial estate. May I ask is this your first time trying to invest in a residential property? Your pre-mature analysis and judgement might have offended Semenyih citizens and the potential investors.

This post has been edited by izzudrecoba: Aug 19 2012, 02:44 PM

izzudrecoba, dont be upset bro. I was just saying out my opinion. Nope this is not my 1st time. This is my 10th actually. It is ok. we are just debating. No need to be upset. My apology if I offended you in any way possible. I am just finding another prospect

+1

so Peri-peri, are u buying after the CHS serv apartment before VW showroom?

i worked as contractor before for SP Setia in Setia Alam and Setia Eco Park before in year 2006 until 2009.

So my faith with SP Setia product always high.

If entry price is low and good, why not try to get a landed for retirement later?

Most ppl (inclding myself) will hold back after visiting some of the upcoming areas even if there is a promising master plan by the reputable developers… for a simple reason that the “feel good” factors are not there…no shopping center, poor accessbilities, no school, no restaurant, no night life etc….

Turning the clock back to 2005… Still recall Setia Alam township was still pretty much undeveloped, surrounded by the palm oil estate and no yet connected by NKVE. The SPS SA informed me that the price of the terrace house was RM180K++ and that I should have came earlier, because the prices was only RM140K++ just 9 months ago. I end up not buying anything for the same reasons, i.e., “feel good” factor was not there and too far from where I used to stay.

As for present, nobody can tell whether Setia Eco Hill can become another another Setia Alam in future. But if the selling prices was only RM300K, then why not just give it a try. At the worse scenario, I think the price will just stay stagnant rather than going down due to its low entry prices unless the Malaysia property market seriously clash. I believe there will be people buying due to the confidence in SPS.

That's my opinion on assumption that the launching prices is RM300K.

This post has been edited by KOHTT: Aug 21 2012, 12:37 AM

How do you define self sufficieny? There ae already plenty of people staying in Semenyih/

It is not about the nunmber of developers but rather the demand of the market. But again, that is the debatable topic, and up to everyone inteepretation and opinion.

I think if the price is rm300k, then it is worth to give it a try. However if price is around rm550k and above, need to be reassessed.

If die2 want to invest, I'll consider buying the bungalow lot in surrounding areas. RM150k for the 6k-8k sqft FH land, and another RM400k for the SS building, not perfect, but quite decent alre!

This post has been edited by CK15: Aug 21 2012, 08:39 AM

I checked with HCS's map, this place is further south from semenyih town

This is not a bad idea while waiting for thr location to mature

Perhaps all the rich taiko should leave this place for the low-middle income earners to buy and stay. Give these group of people a place to stay and all rich taiko can find other place to fry and flip ba.

LATEST UPDATE


Hi Guys,

I was informed by SP Setia Executive that the 2-stry terrace house will be priced from RM 350k onwards. The size would be 20 x 65.

Roughly when is the soft launch?

Kinda small built up

BBB?

Kajang, Semenyih, and Bangi = BBB

Good information Izzudrecoba.

Thank you for the kind words, tikaram. For alternative landed investment in Semenyih, you may want to check Pelangi Semenyih Phase 2A too:

http://forum.lowyat.net/index.php?showtopic=2318543&hl=

bro izzud BBB already? damn, if i had a load of cash i wouldn't pass this opportunity. It's SP setia's project after all.

Bri hidzwan,

That statement referring to my suggestion to the potential and new investors out there.

I have maxed out my commmitment for my landed property investment for now, and may return back on BBB mode 2-3 years from now. 3 years from now, Semenyih would be most probably booming more than today