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 Setiawalk Puchong V2, Retail Office, SOHO, S.Apartments

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engwei
post Nov 16 2012, 11:02 PM

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QUOTE(UFO-ET @ Nov 16 2012, 09:55 PM)
I presume the rental could reach maximum for studio at RM1800/mth, thus, a gross yield of 5% is just a minimum requirement. (we use to take 6%-8% for apartment.
430K is a very good offer  nod.gif

Unless that the rental can reach at least RM2000/mth, otherwise I dun see 1+1 (845sf) can achieve 480K and above. At this market situation, I dun think there is a big demand for 1 room apartment (at RM2000/mth). I believe RM2K rental per month can get 3 rooms condo (old) in Bandar Puteri.
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True. My friend is renting a 1200sf fully furnished 3-room condo unit at Aseana Puteri for only RM1700.

Granted. SW could demand a higher rental rate being in an integrated commercial development but I think RM2000 for a 845sf 1+1 room is still a long way to go for locals.


Added on November 16, 2012, 11:10 pm
QUOTE(Marine Boy @ Nov 16 2012, 10:44 PM)
Its quite annoying having agents specifically asking for apartments to be sold & moreover with the kind of price tag. Perhaps this price only exist beginning of last year. If buyers can't afford to buy anything more than RM600k, they are welcome to rent the units. Agents should encouraged potential buyers to rent rather than buy. If buyers still insist to buy...can consider Trigon or else wil complaint in the future that they missed the boat again.
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There are only those 17xx sf units left in Trigon with a price tag of 1M and above

This post has been edited by engwei: Nov 16 2012, 11:10 PM
jaysonlai89
post Nov 17 2012, 04:54 AM

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Hi dear owner i dont think this RM 430k or RM 440k is very low for setia walk Unit Solace Service apartment , because now bank max also can this price only , and me really got think about owner side , i hard only can get this value on bank side , impossible need one buyer buy one setia walk Studio RM 440 k pay 10% down payment plus RM 50K = RM 100k ++ to buy one Studio unit ? haven plus lawyer fees and stamp duty ?


Added on November 17, 2012, 4:55 amHi Dear Owner , how can setia walk Studio unit can rent on RM 2000 ? there most unit also 1007 SF or 1096 SF also rent around 1800 or Rm 2000 , how come studio can rent on RM 2000 ?

This post has been edited by jaysonlai89: Nov 17 2012, 04:55 AM
Jk1978
post Nov 17 2012, 11:07 AM

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Hi all, I have a brio R2 tower, studio size unit, 845sft for sale at rm450k(nego).Mid floor and facing lake. Kindly contact me at 012-7373467 for details. Tq.

Jeff
JSY properties
012-7373467
SUSUFO-ET
post Nov 20 2012, 11:42 AM

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QUOTE(jaysonlai89 @ Nov 17 2012, 04:54 AM)
Hi dear owner i dont think this RM 430k or RM 440k is very low for setia walk Unit Solace Service apartment , because now bank max also can this price only , and me really got  think about owner side , i hard only  can get this value on bank side , impossible need one buyer  buy one setia walk Studio RM 440 k pay 10% down payment plus RM 50K = RM 100k ++ to buy one Studio unit ? haven plus lawyer fees and stamp duty ?


Added on November 17, 2012, 4:55 amHi Dear Owner  , how can setia walk Studio unit can rent on RM 2000 ? there most unit also 1007 SF or 1096 SF also rent around 1800 or Rm 2000 , how come studio can rent on RM 2000 ?
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Puchong apartment rental is relatively lower than Subang. Setia Walk apartment has something to ride on, hoping that the commercial sector is moving, the underlying value would be greater.
Judging fr various factors i.e locality, concept, accessibility and rent-able quality, I render SW as the best apartment in Puchong at this moment. nod.gif
Marine Boy
post Nov 20 2012, 08:32 PM

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QUOTE(UFO-ET @ Nov 20 2012, 11:42 AM)
Puchong apartment rental is relatively lower than Subang. Setia Walk apartment has something to ride on, hoping that the commercial sector is moving, the underlying value would be greater.
Judging fr various factors i.e locality, concept, accessibility and rent-able quality,  I render SW as the best apartment in Puchong at this moment.  nod.gif
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I totally agreed with you. Some condos without many facilities and not walking distance to retail outlets at Kelana Jaya are renting above RM2K. Retarded!!!!!

charlieboy61
post Nov 20 2012, 08:37 PM

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QUOTE(UFO-ET @ Nov 20 2012, 11:42 AM)
Puchong apartment rental is relatively lower than Subang. Setia Walk apartment has something to ride on, hoping that the commercial sector is moving, the underlying value would be greater.
Judging fr various factors i.e locality, concept, accessibility and rent-able quality,  I render SW as the best apartment in Puchong at this moment.  nod.gif
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Agree that sw is best condo in puchong, but then i maybe biased. Hopefully can get good return.
aquest
post Nov 20 2012, 10:40 PM

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QUOTE(jaysonlai89 @ Nov 17 2012, 04:54 AM)
Hi dear owner i dont think this RM 430k or RM 440k is very low for setia walk Unit Solace Service apartment , because now bank max also can this price only , and me really got  think about owner side , i hard only  can get this value on bank side , impossible need one buyer  buy one setia walk Studio RM 440 k pay 10% down payment plus RM 50K = RM 100k ++ to buy one Studio unit ? haven plus lawyer fees and stamp duty ?


Added on November 17, 2012, 4:55 amHi Dear Owner  , how can setia walk Studio unit can rent on RM 2000 ? there most unit also 1007 SF or 1096 SF also rent around 1800 or Rm 2000 , how come studio can rent on RM 2000 ?
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to begin with, are there really any studio units in the whole of sw development?

SUSUFO-ET
post Nov 20 2012, 11:18 PM

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QUOTE(aquest @ Nov 20 2012, 10:40 PM)
to begin with, are there really any studio units in the whole of sw development?
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Is 1+1
aquest
post Nov 21 2012, 12:13 AM

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QUOTE(UFO-ET @ Nov 20 2012, 11:18 PM)
Is 1+1
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its obviously a misnomer right from the very beginning.

SUSUFO-ET
post Nov 21 2012, 01:18 AM

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QUOTE(aquest @ Nov 21 2012, 12:13 AM)
its obviously a misnomer right from the very beginning.
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Precisely
ProPStaR
post Nov 21 2012, 08:12 AM

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As a resident of Solace Apartment, i might be bias.
Wait a minute, i actually don't agree with all this high price jack up.
Let me tell you guys the fact ok.
Owners always want high price, buyers always look for cheapest price.
No doubt SW is currently the most high class apartment in puchong even though it may not look like one wink.gif
Ok the fact is market demand that is willing to pay for 1.8k to 2k rent is less in puchong. But the concept is the same everywhere.
Wherever you go in this part of world, u will see that the most expensive stuff usually have the least transaction volume.
Because buyer or tenant will always compare against the cheapest.
I would think SW apartment has potential too but let's put it this way, it has yet to reach the state that all owners want at this moment.
Like some taiko have said on the commercial shoplots, while i don't brand it as failure but it is still far from success.
The night is lively but the day is dead.
Forgive me for taking this comparison, SW is like a prostitute.
All night-goers that visited her find that she is a beauty. But this beauty will fade and exhausted when she accepts customer of this kind.
SW needs to change her job by opening day time shop, then she can maintain her beauty otherwise it may bound to failure one day when she lose her attractiveness.
At the moment, i still see new shops open every month. But i find it slow, and hope it doesn't come to a day when the shops start to close down.
Chris Chew
post Nov 21 2012, 09:24 AM

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QUOTE(Marine Boy @ Nov 20 2012, 08:32 PM)
I totally agreed with you. Some condos without many facilities and not walking distance to retail outlets at Kelana Jaya are renting above RM2K. Retarded!!!!!
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Yeahh and those Subang / Sunway old condos without much facilities needed also can rent higher. It was due to area flooded with colleges and convenience to go highway.

I also surprise tat my IM, USJ 1 rent out RM 2,500 easily partly ff / 1305 sq ft in 2010. But the best was Suriamas Sunway, the 1240 sf 4 rooms apmt, rent out much easier in 1-2 days for RM 2,000 without f/f.

I think Puchong highrise rental had picked up a bit recently this year. Bfore this, the rental yield is not ideal at all. I am sure, slowly it will pick up bcz ppl will starts to accept to pay toll and actually the traffic in Puchong had improved slightly better than 1-2 years ago.

TSdavkong
post Nov 22 2012, 12:10 AM

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user posted image

From commercialasia.com

This post has been edited by davkong: Nov 22 2012, 12:11 AM
SUSUFO-ET
post Nov 22 2012, 07:53 PM

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TGV OPEN, anyone going?
humble_tot
post Nov 22 2012, 08:00 PM

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thumbup.gif I love reading this post as it illustrates facts with great sense of humor, do post more please rclxms.gif

QUOTE(ProPStaR @ Nov 21 2012, 08:12 AM)

» Click to show Spoiler - click again to hide... «

airline
post Nov 22 2012, 08:42 PM

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When tgv going to open
ahsoh
post Nov 22 2012, 09:50 PM

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QUOTE(airline @ Nov 22 2012, 08:42 PM)
When tgv going to open
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Tonight, brother. icon_rolleyes.gif
AMINT
post Nov 22 2012, 09:58 PM

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fuyooo. post some pics. i cant go now.
TSdavkong
post Nov 23 2012, 12:12 AM

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QUOTE(AMINT @ Nov 22 2012, 09:58 PM)
fuyooo. post some pics. i cant go now.
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http://www.facebook.com/media/set/?set=a.1...61973900&type=1
SUSUFO-ET
post Nov 23 2012, 12:55 AM

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QUOTE(davkong @ Nov 23 2012, 12:12 AM)
Will find a day to try the beanie seat - RM44/ticket

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