Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

Investment SP Setia EcoHill Semenyih Registration, Semenyih greatest hope

views
     
TSizzudrecoba
post Aug 10 2012, 09:11 AM, updated 13y ago

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


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

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 rclxms.gif )
- Semi-detached
- Bungalow
- Shop office

Launching Date: April 2013

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


Attached thumbnail(s)
Attached Image Attached Image
TSizzudrecoba
post Aug 10 2012, 11:18 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(pekoejazzy @ Aug 10 2012, 11:02 AM)
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.




Added on August 10, 2012, 11:21 am
QUOTE(brianccg @ Aug 10 2012, 09:40 AM)
Dont think will come cheap.  Maybe RM388,888 for 1st phase and subsequently RM438,888???
*
This 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
TSizzudrecoba
post Aug 10 2012, 11:46 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(ronn77 @ Aug 10 2012, 11:33 AM)
The map looks like near to KLCC but the fact is it's hours away...lol.
*
Lol. You are very funny, ronn77. notworthy.gif

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
TSizzudrecoba
post Aug 10 2012, 01:04 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(ronn77 @ Aug 10 2012, 12:53 PM)
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
TSizzudrecoba
post Aug 10 2012, 03:23 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(ronn77 @ Aug 10 2012, 02:00 PM)
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.
*
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. icon_rolleyes.gif
TSizzudrecoba
post Aug 10 2012, 03:34 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(Neoh1979 @ Aug 10 2012, 03:24 PM)
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. sweat.gif

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
TSizzudrecoba
post Aug 19 2012, 02:31 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(AMINT @ Aug 18 2012, 10:17 PM)
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
*
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
TSizzudrecoba
post Aug 29 2012, 10:04 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


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.
TSizzudrecoba
post Aug 30 2012, 08:42 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(richsense @ Aug 29 2012, 11:31 PM)
BBB?
*
Kajang, Semenyih, and Bangi = BBB
TSizzudrecoba
post Aug 30 2012, 10:08 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(tikaram @ Aug 30 2012, 09:56 AM)
Good information Izzudrecoba. thumbup.gif
*
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=
TSizzudrecoba
post Aug 30 2012, 10:54 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(hidzwan @ Aug 30 2012, 10:10 AM)
bro izzud BBB already? biggrin.gif 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 thumbup.gif
TSizzudrecoba
post Aug 30 2012, 05:29 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(adwan @ Aug 30 2012, 11:29 AM)
Heard the price is RM400K for 18 X 65 Terrance (subject to changes). SD and bangalow prices are not finalised;

Target to launch end of this year;

First launching will be done in Setia Alam office, Klang;

The site is opposite Semenyih Tesco and about 1 to 2 km away from Semenyih Town;

Targeting ppls near Bangi, Cheras and Seremban and

They will built another highway connecting to Lekas highway.
*
Adwan,

Can you advise us from whom you heard the price is RM400k? I was informed by SP Setia Executive that the sale price is from RM350k for the 2-stry terrace house size of 20 x 65. Clearly there is a discrepancy of information here.
TSizzudrecoba
post Aug 30 2012, 05:57 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


LATEST UPDATE AS OF THURSDAY, 30 AUGUST 2012


Indicative Price: From RM350k - RM400k

Size: 20 x 65

Launch Date: March/April 2013


Reference: Mr. Chris, Sales Executive, SP Setia



TSizzudrecoba
post Aug 31 2012, 06:59 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(KOHTT @ Aug 31 2012, 10:27 AM)
Izzudrecoba,

You seems to be very confidences when your info...so I take your as correct.

Just want to ask your indicative prices of RM350K - RM400K:

i) Do you means RM350K for intermediate units and RM400 K for corner (developer already sure abt prices) or

ii) The developer is not sure right now- The starting/ lowest prices can be anything between from RM350K to RM400K?
*
Hi KOHTT,

The information was provided from a teleconversation with SP Setia Sales Executive yesterday, 30 August 2012. Because the information came from SP Setia mouth, I have come into conclusion that the information was correct and politically correct.

My answer is as follows:-

i) The RM 350k/400k is an indicative price proposed by SP Setia. So the minimum price for intermediate units would be between RM 350-400k onwards. No information available for the corner unit.

ii) Yes correct. Bear in mind that their official launch date would be on March/April 2013 so they have yet to conclude the starting price.


I hope I have answer your questions.
TSizzudrecoba
post Sep 3 2012, 09:55 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(hypercore @ Sep 2 2012, 01:05 PM)
You people are weird......... U guys say Bangi, Rawang, Sepang, Dengkil, outskirts of Puchong and Bandar Seri Putra is not far but u say Semenyih Is far?

Do you know it takes 30 minutes from Cheras and 40 minutes from KLCC to reach Semenyih through Lebuhraya Cheras Kajang without jam. Even faster if you stay in Sunway Semenyih - 15 minutes from Cheras and 30 minutes from KLCC?

Compare that with 1 hour to Bandar Seri Putra through Lebuhraya KL-Seremban (Jalan Sungei Besi) and what about other god forsaken jam areas like Rawang and outskirts of Puchong.

Dengkil and Sepang is even worst than Semenyih.....very much jungle like than kampung like......I wouldnt be suprise to see monkeys jumping and playing on the roads and tigers looking for food and coming into your house in Sepang and Dengkil. The kampung ulu area look in Sepang and Dengkil is still there.

Bangi just havent the ammenities.....no large shopping mall in Bangi.

U guys talk about kampung but do you know Setapak at one time was ridden with kampung houses and still is - Kg Air Panas and yet developers are moving in to build property there complete with apartments and shopping malls. The most significant being Wangsa Maju in the early 80s when that Jalan Genting Kelang was riddled with kampung and squatter rumah papan. At that time that Jalan Genting Kelang look like a slum area even as recent as 2006. Look at it today.............totally changed. I know because I grew up in Setapak.

Actually Semenyih is a hot and upcoming property hotbed in the South of KL. What it maybe significantly needs is some very huge shopping malls. Maybe you people can write or contact big time property developers like Gamuda, Mah Sing, MK Land and IJM to build huge shopping complexes here. A good place would be in Semenyih town somewhere close to Semenyih Sentral along Jalan Bangi Lama. This would then turn that area into a thriving commercial and buisness hub.

The access roads will be built as time goes by but although I think Jalan Semenyih should be widen to at least a 6 lane main road all the way from Sunway Semenyih to Beranang Industrial Estate or  Mahkota Industrial Estate. Jalan Sungei Lalang should also be widen to a 6 lane road to KM5 where Semenyih High Tech Park 1 and 3, Semenyih Ria are located and the access road and bridge into Yokohama factory should be widen and intergrated into a single 6 lane bridge as that area is going to be an upcoming industrial area with Semenyih Heights Industrial Park and Semenyih Sentral Industrial Park.

Also one can write to the transport ministry about bringing the LRT to Semenyih extended from the Sungei Buloh-Kajang line. The proposed stations can be built in Semenyih Town and Bandar Tasik Kesuma.
*
Great write-up on Semenyih, hypercore. rclxms.gif To sum up your words:-

i. Semenyih is a hot and upcoming property hotbed in the South of KL
ii. It takes 30 minutes from Cheras and 40 minutes from KLCC to reach Semenyih through Lebuhraya Cheras Kajang without jam.
iii. Semenyih town somewhere close to Semenyih Sentral along Jalan Bangi Lama will turn into a thriving commercial and buisness hub.
iii. What Semenyih needs is some very huge shopping malls (at the moment Semenyih has Tesco, The Store, Econsave, and Billion)
iv. Further transportation can be enhanced (LRT Station to Semenyih, Jalan Semenyih should be widen to at least a 6 lane main road all the way from Sunway Semenyih to Beranang Industrial Estate or Mahkota Industrial Estate).

Semenyih is a gem moving forward.


TSizzudrecoba
post Sep 3 2012, 11:43 AM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(jootat @ Sep 3 2012, 11:17 AM)
If let say next year 2013 they launch. Let say give them 3 years to complete. Within 3 years we are serving the interest.  Once completed it will be around 2016?

What do you guys plan to once completed? Flip? Rent? Keep for own stay? Just curious smile.gif

If flip, how much you would expect for the returns?

Btw, I just drop by kajang during the weekend to take a look at this property but not sure why it was not a hot discussion in LYN.
http://forum.lowyat.net/index.php?showtopi...ntral+residence
*
Hi jootat,

Correction, for the residential property, the expected completion is 2 years from the date of S&P signing.

If flip, how much you would expect for the returns? <---- This is a million ringgit question. As a general rule of thumb, landed property in Pelangi Semenyih Phase 1 has appreciated from RM 180k in 2009 to RM 320k in 2011.


Added on September 3, 2012, 11:45 am
QUOTE(tikaram @ Sep 3 2012, 10:17 AM)
I never being to Semenyih ( other than the few visited to Bogra hill - but was 6am morning so can't see anything and too tire after climbing up and down around 10am) until last year pelangi semenyih launched.

If other see Semenyih like ulu. let it be. I have less competitor to sapu Semenyih properties. biggrin.gif
*
Hi Tikaram,

Semenyih especially Semenyih Sentral (commercial and the new town) is not hulu. sweat.gif

This post has been edited by izzudrecoba: Sep 3 2012, 11:45 AM
TSizzudrecoba
post Sep 3 2012, 04:01 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(AMINT @ Sep 3 2012, 03:47 PM)
u r correct bro. Have a feel at the place an comment. I also want to hear ur comments as I have mixed feelings.
*
Hi Guys,

Last week I went to Seremban via LEKAS highway from Plaza Tol Semenyih and noticed 2 big SP Setia EcoHills signboard along the highway. Based from my close estimation, it would take residents of SP Setia EcoHills about 5-7 minutes to reach Kajang town/Kajang MRT station from Setia EcoHills. This can be very important consideration for the investors and future residents in SP Setia EcoHills as the seamless connectivity from LEKAS highway to Kajang/kl/Seremban is a major beneficiary.
TSizzudrecoba
post Sep 3 2012, 04:36 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(danielisme @ Sep 3 2012, 04:16 PM)
Before put any hope on semenyih , better pray for new development in kajang and nilai . These two area seem nothing big changes beside the greedy developer launched expensive house only.
*
There are lots of new development in Kajang such as:-

- TTDI Grove
- Kajang 2 Township
- Hillpark Home Phase 2
- Hillpark Home Phase 3
- Kajang East
- Nadayu 92
- Southville City, Bangi

Reference: http://www.malaysiawatchforum.com/index.php?topic=2677.0


Nilai
- Nilai Impian by Sime Darby

To say nothing big changes in Kajang was akin to unsuccessful hunting shot.



TSizzudrecoba
post Sep 3 2012, 05:43 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(danielisme @ Sep 3 2012, 05:21 PM)
Most of this is residential only
*
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.

This post has been edited by izzudrecoba: Sep 3 2012, 05:59 PM
TSizzudrecoba
post Sep 3 2012, 07:53 PM

Enthusiast
*****
Senior Member
749 posts

Joined: Jul 2010
From: Kuala Lumpur, Malaysia


QUOTE(rAzOr_BlAdE @ Sep 3 2012, 07:21 PM)
It is true that there are tremendous growth in term of residential development around Kajang, Semenyih, and Bangi, but it is lack of big commercial developments such as shopping complexes. If they can have a master plan like Setia Alam, I believe this place has its potential to be another great town. We do not even have Jusco Shopping Centre here, the nearest would be Cheras Selatan in balakong. I would say Setia Alam made it so well because of their master plan. Else, it will be like Saujana Putra.
Just my 0.1cents
*
+1. A perfect and spot-on observation rAzOr_BlAdE. If there's any shopping complex development updates in Semenyih, I will let you guys know in this forum.

2 Pages  1 2 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0674sec    0.45    7 queries    GZIP Disabled
Time is now: 1st December 2025 - 11:15 PM