Hi guys, there is a new launch of Double storey house at Setia Eco Village at Setia Eco Garden. I'm take it as an investment purpose.

I'm seriously looking at this development and would like to seek for comment from all the Tai kor tai jie here.

Basically what I think of the advantages are:
1. Its greenery concept, there is not much area at Johor with such concept. My first impression is the area is targeted for Singaporean as the selling price of Eco Village is rather high.
2. Easy access to Singapore by using own transport, since I'm working at Singapore Jurong area, I can reach my working place within 30 Mins drive.
3. Easy access to industrial area (SILC, NCIP), Educity, Medical City, Setia Buisness Park.
4. There is international school and a chinese primary school in Eco Garden itself.


However, I do identify some of the disadvantages here:
1. The location is at the outskirt of Johor, nearest mature township at Bukit Indah, however, it will takes around 15-20 mins drive to the area.
2. The township is immature, the shoplot in the district is still not operative, it will takes me 10-20 mins to look for food around gelang patah or bukit indah area.
3. The industrial area, educity and setia buisness park success is still a myth, I do not know the potential of it at this rural area.
4. There is a voltage converter near the road going into the Eco Garden and there is high voltage cable nearby the housing area.

Here is the website of Eco Village
http://www.setiaecogardens.com.my/property...sp#.UG0QypjqnBA

Hope tai kor tai jie here can show me some light, thanks!

Hi there,

I booked a unit (Radena) 2 months back, heard that the official launch will be early Nov. My take:

1. Not many new projects near 2nd link is below my budget of RM600k. I considered Nusa Sentral but the pending issues of G&G, shoddy workmanship, and a lot of negative remarks on local forums put me off.
2. SEG's new projects are under DIBS scheme, not bad I can save up for my renovation 3 years from now. Spare me from tight cash flow.
3. Both me and my fiancee are working in Singapore (Commonwealth area). My fiancee love SEG a lot... typical Singaporean girl, to them it is dream come true when it comes to landed property.
4. I do not mind the secluded and isolated area... usually I do my groceries once a week.
5. All shoplots outside of SEG sales office are fully sold, I'm sure business will pickup soon as Casea Garden's buyers are getting their keys end of the year.
6. Yes high voltage cables are nuisance... that's why I picked Radena.

My main intention is for own-stay. Rental rate at SEG is currently RM600-1000, personally I don't think SEG is worth the investment as my monthly installment is close to RM2400 based on 40yr loan. SEG will remain as it is if Iskandar project fails to take off...

Having lived and worked in Singapore for almost 4 years, seriously I am tired with the overloaded population in Singapore. All I want when I knock off from work, is a nice place to rest without bangla, philipino, chinese surrounding me.

landed houses in jb isn't for investment gua especially with the price nowadays. for own stay i would highly recommended but for investment, may be there are better alternative than landed houses. Do take note that many Singaporean are also buying landed houses in Malaysia for 'investment' so do take into consideration on the amount of competition that you are going to have in 3 years time.

just my 2cents

yup agree with you, for investment I rather buy condo near Causeway. The units are small but higher returns.

Hi, thanks for your comment.

Initially me and my gf is thinking of the unit can be for own stay if anything go sour. Currently i just baught an subsale apartment at Tampoi indah for own stay until Eco Village VP. Then we will move to the new house while the apartment will be for rent.

But I'm concern the future potential of Eco Village. I do like the greenery within Eco village but I also take concern of the development nearby Eco Village. I hope it is not fully isolated from the commercial or any supermarket near to it.

Do you have any information about the development there?

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Added on October 4, 2012, 6:22 pmHi, I will not look at new build condo as the risk is even higher than landed. As what I know here there will be roughly 50 + condo VP in 3 years time at JB. The competition would be higher in term of rental or capital return.

This post has been edited by hoks: Oct 4 2012, 06:22 PM

My purchase agenda differs greatly from yours, I'm buying a property for own stay not for investment purpose. One of my friend bought a unit at SEG 3 years back for RM200k+ and now the house is valuated at RM400k+... That is investment, but definitely not at current market price. Rental yields remain low compared to the price of new properties.

How many locals (those who do not work in SG) can afford a RM600k terrace house? Rumors have it that our government is looking to increase the purchase limit for foreigners from RM500k to RM800k/1mil. By then if that happens the locals cannot afford SEG and foreigners cannot buy your unit.

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Added on October 4, 2012, 8:45 pm3 years later rental for 1 common room might hit $700-1000. There will still be demand for cheaper room across the causeway... Even if there are 50 condos out there. My 2 cts worth

This post has been edited by yrh0413: Oct 4 2012, 08:46 PM

Hi, Thanks for your comment, I do agree that with current SEV launch price is high and if the government implemented the 1mil limit will be deeply influence the ease of transfer for the unit. I will take it into consideration.

Can you share with me which condo you had bought recently? I'm thinking of recent condo with the psf price of rm500-700. An unit of 1000 sqf will probably cost you around 500 to 700K which mean the monthly installment + management fee will be easily more than rm2500. Do you foresee the rental income to be positive or just breakeven?

I'm just a newbie in properties and hope you can give me some comments, thanks!

sorry like I said, I'm buying for own stay so didn't really research much on investment value. I do not own any condo either but based on my findings:

Setia Eco Village: RM600k, monthly instalment RM2500, rental RM1400
Condo near JB Causeway: RM500k, monthly instalment RM2000, rental RM1500-2000.

So have you booked your unit at SEV?

Did you consider Nusa Idaman? Their latest and last terrace phase, 8D, of 22x75 double storey terraces are going from abt RM586k.

This post has been edited by Kokwm: Oct 4 2012, 11:16 PM

Hi, good to buy for own stay, mind to tell me which condo you are taking?

My gf had booked a unit of SGV earlier. I admit that is an emotional buy as I like the environment but not taking the surrounding and rental yield into consideration earlier, so now I would like to further analyse and make final decision to maintain or to give up the unit.

We had assume that we will need RM3K for living cost including installment, management and utilities fee where as the transportation is excluded. It is fine for us now but if there is any increase in interest and if there is kids for us in the future will seems to be a big burden for us.

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Added on October 5, 2012, 8:36 amHi, not consider at the moment, did you purchase any unit there? Mind to share?

This post has been edited by hoks: Oct 5 2012, 09:03 AM

I suggest you check online on the rental rate for SEG first. Personally I find the location not that great to attract tenants. SEG is quite far away from the nearest town, and a bit distanced from Singapore too.

If you look at Horizon Hills, that place looks like a dead estate as most people buy there as weekend house, or they are still wondering what to do with the house. According to Setia, 50% buyers of SEV are foreigners so most likely SEV will end up as a quiet estate as Horizon Hills. Good for own stay (G&G, safe and secluded) but unlikely it is going to attract tenants.

Yes you need around RM3k per month... A little costly but consider that SEV is one of the cheaper estates around 2nd link it is hard pressed to find cheaper ones unless you go further up like Austin.

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Added on October 5, 2012, 8:36 am
I bought earlier phase, 8B, in precinct 8. Main factors that swayed me to NI are:

1) Price is reasonable compared to nearby developments and the quality of completed houses in precinct 8 is not too bad.

2) The listed price is the only amount you need to pay cos the developer absorbs legal and disbursement fees for SnP, Loan Agreement and also stamp duty for MOT.

3) Though 8B was launched back in Sept 2011, and I only bought in June this year, the original launch price remains the same minus the earlybird discount and of course late buyers have less choice units to choose from. This is unlike some developers where as the houses get closer to completion time, the price of unsold units go up.

4) Location wise is next to Bkt Indah and Horizon Hills and easily accessible from Bkt Indah Highway/Coastal highway (near HH entrance) and the Pulai exit from secondlink. Only 5-10 min drive to Jusco and Bkt Indah commercial areas.

5) Guarded and gated.

6) Good utilisation of build up space. Built up for 22x75 8B is about 2116sqft. Built up for 22x75 8D is about 2414 sqft.


I have not viewed SEG before and prolly the eco features/landscaping are much nicer than NI. But for me, value for money and location is more important.

However, you may consider dropping by to view NI this wknd and see what you think of it. If you still prefer SEG, at least you will be convinced you made the right choice after all! Good luck.

This post has been edited by Kokwm: Oct 5 2012, 09:33 AM

Kokwm what is the price for 8B/8C in NI? For own stay or investment?

8B intermediate non bumi lot was priced from rm476k. 8C is apartment.
Plan for rental. Market asking price is abt 2-2.2k per month. Similar to bkt indah rental asking prices.

The current and new launched 8D 22x75 non bumi intermediate is starting from abt RM586k. It has bigger build up compared to 8B.

This post has been edited by Kokwm: Oct 5 2012, 09:45 AM

Congratulation, with 22 x 75 is spacious, how much is your purchase price?

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Added on October 5, 2012, 12:53 pmHi, thanks for your input, I had get some rough idea on what is the module for SEV. The rental is around rm1800 to rm2500 for SEG if you search at Iproperty. But I do not know occupancy rate with the rental there. Did you see a lot of ppl staying in SEG already?

This post has been edited by hoks: Oct 5 2012, 12:53 PM

I visited a friend who stays in SEG for 1 year already... Occupancy around 80% most of them work in Singapore.

I guess SEV occupancy rate should be the same but more foreigners due to the selling price > RM500k. SEV new launches are all strata title units, foreigners much prefer the estate to be consistent in design and exterior. The current SEG units are all individual titles. I guess SEV should fetch higher resale price in future...

I bought my intermediate 8B at RM476k.

But what if the circumstances happened that purchase limit for foreigner will be adjusted to 1mil like what you had mentioned earlier, I guess it will be hard for you to sale the property rite.

If your aim is to get property for capital gain then better to consider HH, EL as these are more well known amongst foreigners (ang mohs) and higher chance for them to purchase one of these. HH newly completed Golf 24x75 intermediate terraces asking price already arnd 800k.

Chances of renting out to this group of expats also higher as again they are more familiar with these areas and frankly these areas appeal to them.

Fed govt budget already passed last Friday...there was not announcement of increase in foreigner purchase price at the federal level. So the risk is minimised unless the BN Johor state govt want to impose higher limit at the state level.

Personally, for rental target market, you're better off with Bkt Indah and NI compared to SEG. My biased opinion lah cos I am vested.

This post has been edited by Kokwm: Oct 5 2012, 02:23 PM

I fully agree with you kokwm, TS I suggest you check out Sammyboy forum and see what is the preference of Singaporeans. Usually Horizon Hills, East Ledang, Bukit Indah are the ones commonly mentioned in the forums.

SEG is not really well known among Singaporeans (even though SP Setia spent a lot in advertisement)... Austin is even worse...

Thanks for the input from both of you. I believe there are pro and con for SEG. I would like to stay with bukit indah area as I hate the traffics at First Link. Are you 2 travels or stay in Singapore?

me staying at Pioneer now, renting a room @ $600/month. Frankly I have growing hatred with smell of armpit and sweat in buses/ MRTs... that's why decided to move back to MY and stay there.

Singapore to me, will be just a workplace. Nothing more.

Hi, same for me, I have been studying and working at KL for some times, I just move to Singapore for around half years, but I'm growing tired staying in Singapore, that's why I rather purchase an subsale apartment to move out first. I like Malaysia living environment, not so organised and with some Kampung feeling. Singapore is way too organised and everyone staying inside is like a working machine.

good for you, I have been here for almost 4 years! Singapore 4 years ago is nothing like what it is today... MRT breakdown, bangla/chinese/philipino around us, cost of living going up...

it is odd for you to consider getting a new house so fast... just 6 months after moving into Singapore. Have you considered what if you decided to move back to KL if you find that Singapore is really not suitable for you?

Hi,my hometown is at kluang,so is actually quite near for me to go b to klg from jb rather than kl. My intension of working at sg is i wan to stay nearer to my family.

Guys, imho, I think you have made the right move by earning the strong SGD and then spending it in Nusajaya and Johor by making your money go further. Property in SG is just too exp now and boh hua.
I assume you guys are still young and can tahan so this is the correct attitude and way to go. Make hay while the sun shines and you can consider retiring back in Malaysia next time when you grow old. Nusajaya is very near SG making it feasible to retire there next time if you want to remain near SG. Best of both worlds!

However, in my age to purchase such expensive property seems quite a burden to me. However, I still believe that I would rather spend the money for my own house rather than help the others to pay for their housing installment.

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Added on October 9, 2012, 11:52 amHi guys, not sure whether you had read this information before, there is a bus terminal quite near to eco garden, not sure will this boost up the value around that area, please share your comment here. Sorry about the news is in chinese version.

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This post has been edited by hoks: Oct 9 2012, 11:54 AM

hi
mind to share where exactly is the hi tension power lines? better if you can draw it overlaying the SEG master plan picture..
i m interested in subsale but not really know the location of the cables may end up buying 1 that is too near to the cables...
thanks

Just a rough estimate, the power lines in black. I strongly advise you make a trip there to have a visual on the power line's exact location.

wow, thanks for the effort!
you are amazing!

the power lines are not that near. Which phase you are looking at?

avatha 2 and the upcoming (which is those rows behind radena) looked quite near to the black line at the boundary doesn't it?

nearest to the power lines is Elvira, then Avathar 1. The row behind Radena is Avathar 2. Heard from my SA that Phase 2 of Setia Eco Village will launch in early next year, with Cadena (22x70) facing Radena and the rest Pandora 1 and Pandora 2 (20x70).

Avatha 2 so fast got sub-sale d?

may i know how much u bought the unit after discount?

what discount package setia gives u?

thanks.

think I saw your avatar in cari forum, I remember you bought a unit at Setia Eco Cascadia.

Price is RM521k after discount, for a Radena intermediate lot (22x70", build up 1950sqft). Package includes all legal fees (both developer and buyer except for MOT in which buyer needs to pay), and 10% discount for early birds. I booked mine before Setia Eco Village was launched so I manage to get the lowest price... Heard the price for Radena is RM580k after discount now.

By the way the diagram of the high tension cables is wrong, the wires make a 90 degrees turn right in front of SEV, it does not split into 2 thus no high tension cables in SEV itself.

Actually Horizon Hills is not really dead, in fact the rental is high. for a typical intermediate terrace house also can easily draw rm2k and above rental per month...i think the environment and safety indeed attracts a lot of foreigners including singaporean.

Actually the last batch of Bukit Indah double storey terrace is selling at rm4xxk close to rm500k Feb last year (2012) which is considered quite affordable compare to price now... but all had been sold out including bumi lots.... BI is not bad choice as well because the location of Bukit Indah is as good as Horizon Hill - equal distance to both 1st link and 2nd link. Good for malaysian working in SG, so rental is not a issue especially BI has direct bus of CW3 and CW6 to both Jurong East and Boon Lay MRT station.

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Added on January 5, 2013, 11:43 pmRM521k after discount? it is indeed attractive... yeah, like you said, it is not able to get any affordable new house at nusajaya area due to the effect of nusajaya development. But i believe the projects in nusajaya will help to appreciate the price of the property.

RM580 vs RM521k? wow you have made a gain for less than months time... congrates...

MOT is not included? I see... how much is the MOT?

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Added on January 5, 2013, 11:50 pmmay i know how much is the monthly maintenance fee for SEV? the SEV concept is quite similar to setia eco cascadia except there is no club house.

This post has been edited by westlife: Jan 5 2013, 11:50 PM

I been to BI, yes it is developed but I don't really like to stay in congested area... Especially my fiancée she prefers secluded and quiet area which she felt is safer. Furthermore we prefer the landscaping and the back-alley garden concept. SEV is just 15 mins drive to 2nd link customs, smooth ride without any jam.

This is my first house and it will be for own stay. Public transport wise there is a CW bus from Gelang Patah to SG as well.

For own stay I think what is most important is to get a house that we are most comfortable with.

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Added on January 6, 2013, 12:20 amHaha what is there to gain? The RM60k is just paper value, still depends if there is any takers for the commanded price. Anyway I don't have intention to sell yet for the time being.

Heard from the sales assistants that SEV phase one all fully booked even before launched, and all fully sold after launch. Phase 2 of SEV will launch in Q1 this year, price for 22x70" (Cadena) will be from RM600k. I got a feeling SEV phase 2 will sell like hot cakes as they are further away from the high tension cables compared to phase 1. Imagine looking out of my window staring at the new units opposite of the road... Same size but almost RM100k more than my unit!

MOT is calculated from the price indicated in SPA. If I am not mistaken should be RM6-8k.

The developer has not finalized on the maintenance fee yet, but we were told that it should be RM200-300 for Radena due to Strata title and higher maintenance cost on the gardens.

There is a clubhouse as per Setia Eco Garden's master plan but that will be in another phase consist of bungalows, semi-Ds, cluster homes etc. not launched though.

This post has been edited by yrh0413: Jan 6 2013, 12:20 AM

I see i see... indeed not bad, i also did go to SEG sales office few months back. I was shocked to hear that the SEV units all sold out within few months time. Indeed SEG house also in high demand....

The concept is indeed good as well.

Yup, i also agree nusajaya area because of the better road design/highways, less jam as compare to tebrau area definitely.

This post has been edited by westlife: Jan 6 2013, 10:34 AM

Me and my fiancée plan to commute daily to work, either via the CW buses or purchase a SG car when the COE is lower. I have consulted a few friends who stay near the Causeway and all of them advise me to get a property closer to 2nd link to avoid traffic jam. That is why I never considered SEC, Setia Tropika etc.

I did considered other projects like Nusa Central, Nusa Bayu, Nusa Idaman etc but somehow I felt more comfortable with SEG because it has a proven track record in terms of security and planning. SP Setia is more experienced and their name worth a lot.

By the way traffic at 2nd link is increasing day by day due to more and more housing projects being VP (I know Nusa Central Phase 1 is one of them). Who knows 3 years later the traffic at 2nd link will be similar to Causeway?

I wonder if you are looking for your next property purchase? How's your unit at SEC? Already VP?

Hi Hoks, i am also looking to buy Setia Eco Gardens and I have the exact same reason with you (on pros and cons). I simply love the flora and fauna design, and it is an exclusive township with award winning concept. However, I am worried that there will not be appreciation in property value as this location is quite far from the city.

May I know what have you found so far? and your advice?

hi yrh0413. I also 4 yrs in singapore, also have sg gf haha!!
but my sg gf totally reject idea staying in jb @.@ yours ok???
btw you worked here 4 yrs or also studied as well?

She's ok staying in JB as our new house is almost 2.5 times bigger than her current 2-room HDB. She gets to have her own garden and I gave her one room as her wardrobe. She's also into cooking and baking, and she's happy with the big kitchen.

Will definitely get a car when we move in so that she can watch her dramas while I drive. She enjoys Malaysian food also...

I think you just need to give her assurance that life will be good across the causeway.

Based on iProperty postings, rental rate at SEG is from RM1.6k for unfurnished and RM2-2.3k for furnished units, for double storey units, 20x70.

When SEG was launched in 2007/2008 the first phases were sold only at RM200k+ for DSL 20x70. Current market price is RM380-430k... But I highly doubt the new launches will get the same appreciation.

Personally I find SEG isn't the best place if you are looking for capital appreciation. If you look at SP's master plan, there is still a big piece of land at the north of SEG, planned for bungalows, SMDs, clustered homes and they plan to build a golf course there. SEG will appreciate but it will not be in near future.

YRH, thanks for your opinion. I will go to Setia's showroom next weekend to take a look. From what I know, Elvira 1,530 sqft is selling for RM530k now from their website.

DId you guys consider Nusa Impian and Nusa Bayu form UEM Land? It is nearer to city but I no clue how is the environment and landscape?

You are lucky you gf is ok, living in JB is a NO-NO for alot of singaporean. Is like downgrade for them. and they friends will laugh at them for moving to jb to live.

Hmm Elvira if I am not mistaken only left with Bumi lots, not sure when will the developers release for public purchase. Better check with developers.

The price has definitely gone up... My friend bought his Elvira for just a little above RM400k.

As for Singaporean girls, I guess not all of them thinks that living in JB is a downgrade. Gated and guarded landed community, 2k sqft house, get to drive to work and they can wait for their husband to pick them up after work/shopping... And have a bunch of huskies waking her up every morning.

Well... My gf lives in a HDB and she's not rich.. I guess your gf might be from the upper-class group

Double post

This post has been edited by yrh0413: Feb 23 2013, 01:54 PM

no, my gf also HDB. but she told me if you wanna live in jb she won't follow. haiz.
are you a PR?

hmm, seems the appreciation is quite alot. maybe good for investment too

Yes I am a PR. Another deciding factor that end up me getting a unit in JB is that she already owns a HDB with her mum so we can't apply for HDB anymore. Private properties maximum loan for us is only 70% and as you know private properties are not cheap...

Even if we have the option to purchase a HDB I will still stay in JB as I prefer the freedom to drive around and enjoy local food. I am getting bored with SG lifestyle...

Well if your gf doesn't want to follow you to JB why not settle down in SG instead, if you don't mind getting a HDB?

No, i do not feel like getting a HDB, kinda small and cramp. Not to mention expensive (same price as JB landed), but having a low cost housing look =(

I am a PR too, and have you thought about how to settle transportation? Definitely you need a car as SEG is quite remotely off. But if you are getting Malaysian car, we PR cannot enter SG.

btw, just curious, how can SG own a HDB with their parents? I thought you have to be married to own one??

Haha exactly, we Malaysians know what we want I definitely not willing to pay S$500k for a pigeon hole! Now still saving up on my CPF with my fiancée... Wanna buy a private condo to collect rent.

Transportation wise, will be looking at used SG cars when it is near VP. If COE is still so blardy high then will settle for MY car first and take CW buses to work. I already have colleagues staying in SEG thus most likely can car pool with them also. Still my plan is to get a cheap SG used car in the long run. In Malaysia one definitely needs a car even if you stay at Bukit Indah or other developed towns.

Singaporeans can buy HDB by joint-names... Either married couple or child/parent.

Think twice if u are planning to send ur child to Sg to study for next time. My sister bought a unit last few years in the same setia Eco garden and a car to travel to Sg for work as both her husband and her working in Sg. But however, they planned to send their kid to Sg in next 2 years time as they don't trust the jb 's safety and education system (u know I know for malaysia education system). I realized they need to get a house in Sg and they quite regret for buying a expensive car of volkwagen scirocco Sg registered plate. Burden to them but once you get a Sg car, most ppl definitely go for luxury or good car for sure. Think twice. No offense just wanna share my sister's situation. I chose to work in kl due to this reason

Besides the car, any pros and cons they mention?

Imagine a car shared by u and ur wife as both working in Sg. If the driver need to travel sometimes, need to rent extra room in Sg just because of that reason. Extra burden but of cos if your wife is Singaporean then will no issue but still will hear about those relative or what saying not so nice to hear words. I got a feeling they wanna sell off the jb house and moving to Sg soon as they decided to cut mykad due to better education system for their child and safety of everyone

how old is their child already?

The second link also getting more and more jam. This is according to them, maybe u need to try 1 time as I never drive to Sg before. Need consider that factor also. Waiting ur wife or ur wife waiting for you to off, trapped in the jam. If getting a property in Sg, with their public transport, might save the car. Almost same, if after that really wanna move back jb, sell out Sg property or rent out (with high demand) , jb lots of land and housing projects and the price also won't hike so much as in kl or Sg. According my sister, they bought the terrace house rm225k plus plus renovated rm75k. Selling value not able to cover as market price (Sg ppl) buy for investment (no renovation ) but just wanna earn 20-40k. Putting there to rot as not much ppl will rent there if they are working in jb and not muh ppl will rent the house there if they are working in Sg.

Currently 3 years old. Primary school, will be sent to Sg ady. Putting their child to those takers 1 year rm4896 from morning to 7pm weekdays. Like those kindergarten place. Another expenses. Just to think whether you wish your child to study in Malaysia or Sg, if Malaysia, no issue for living in jb working in Sg, but if studying in Sg, need to think twice as they last time look so rich but now my bf and I look richer although didn't own a good car la, in term of cash flow. Sg car also need to pay the ownership, 10k sgd for 10 years now? I not sure the price but they do told me the car monthly installment is quite burden.

There is an international school in SEG just opened last year, Tenba if I remember correctly. You don't need to own a house in SG in order to administer your children to SG school (not all PRs can afford a house in SG anyway). The real problem in terms of education is that government will fulfill local quota first, then only take in PR children if there are still openings.

Education is never cheap in SG, not forgetting that we are PRs we don't get the same benefit as their citizens. Just to share from a colleague of mine who is a PR also:
- child care 7am-7pm: S$1.2k per month
- medical: S$300-500 per month (children gets sick easily)

You can't compare your status with your relatives... They own an expensive car and my best guess is that their installment could reach S$2k per month. Car insurance for premium cars ain't cheap also. Current COE for cars is around S$100k (permit for 10 years). Car alone, and children expenses is pretty substantial.

They could have considered trading their luxury car for something cheaper e.g Vios/City. Or like most Malaysian PR does, just decide on either husband or wife convert to SG citizen and enjoy the benefits and cheaper education for their children.

You are richer financially but your relatives live a richer life.

they are going to cut mykad (to be singaporean) so benefit will tally with singaporean. Currently they are PR (more than 5 years) ady. They living with mother, so the child care can be save.. only what they want is the educational system from SG. even the cars like vios/city almost same price only the COE too expensive.

your relatives want to give the best to their children, this is understandable but they do not really need to both convert to Singaporean citizen... most of my colleagues, the wives convert to Singaporean to enjoy childcare and education benefit for their children. Even if they sell off their property in JB, they still need to cough out a huge amount of cash to purchase a property in Singapore. If they decide to ballot for new launches it will take another 2-3 years to build.

Why don't they explore the option of:
1. Wife convert to Singaporean citizenship.
2. Baby send to Singapore childcare/kindergarten/school.
3. When they are old/retired they can always move back to Malaysia and live a comfortable life (withdraw millions of CPF).

There are more and more Singaporean families moving to JB due to lower cost of living and less hectic lifestyle. Personally I will consider working in Singapore, stay in Malaysia, and buy property in Singapore to collect rent. As for my kids, I will give my children Malaysian citizenship and Singapore citizenship minor so my kids holds dual-citizenship until he is 21 years old. I will let my kids to decide their citizenship.

The challenge of investing in JB are :

1. Too many investors (including those from Singapore), challenging rental market
2. High bumi discount compare to other state - hard to flip

hello kitty your points all are correct and hit the nail on its head, except to say you didn't touch on the fact that you are living in a small pigeon hole with PRC and Filipino, still walking and chasing bus and mrt like your secondary school days. Is this is the life you want, then you are correct, buying and living in SG have that advantages that you save on a car and avoid the traffic jam. But what about the human traffic that you are facing? You are always fighting for seat in the bus, mrt with Bangla and Filipino and PRC. Is that an improvement from the live you led in Malaysia? There is no correct answer but is ultimately the choice you made and the life you want to lead.

You made a good point about sending kids to SG schools. It would be troublesome up until your kids can actually take their own public transport from immigration.

I don't think Hello_kitty understands the "pain and agony" living in Singapore right now unless she spends at least 6 months working and staying in Singapore. From your replies I guess we are in the same boat... nowadays foreigners are everywhere and I find it increasingly difficult to accept their culture and live together. Almost everyday I hear my neighbors shouting and fighting, babies crying, dogs barking... MRT and buses smells like rojakpot of armpit and sweat...

Just wish my house will VP asap so that I can live a quiet life. To to sound that I am complaining but this is certainly not the lifestyle I want

i had just book a unit for SEV 22x70(most probably will be name as cadena i heard). but my worry is the unit selling price after discount will go higher then 600k. is it true?
where did u get the infomation u mention above? even the sale personal in setai sale office are not sure about the price yet.

This post has been edited by tanyiau: Feb 26 2013, 01:09 PM

Wow congrats! I seen Cadena's show unit... interior is similar to Radena but it comes with glass balcony on both front and back of the house.

Price wise I was told by the sales person that Cadena will be more than RM600k after discount because:
1. Better quality materials (glass balcony, better tiles)
2. Higher construction cost. Current patch of SEV is not flat, the developers need to even the land before they build more houses.

Has SP Setia released the brochures, floorplan, and site plan for SEV2? You booked an actual unit or they just put you in their interest list?

Cadena show unit is ready for viewing ald? i call to check last friday they say is not ready yet.

hmm glad to hear that the quality is better so i can make myself feel better paying more. hehe

Nop. i dont have brochures of cadena yet. but i already made the 1k booking fees already.

i only view rendena show room before, i think that was few month ago.

They do not have any Eco Village show units... all existing show units are for Eco Garden: Miyana, Alphenor, Liviana, and the 2 Semi-Ds.

The newly built show units are for Eco Village 2: Cadena and Pandora. Not yet open to public but my friend went in to have a sneak peak last weekend and he took some photos.

Have you chosen your unit on the site plan?

lol. damn. i just call sale office to check. they mention is not open yet but some ppl sneak in to peak already.
haven't yet. but i can't wait to choose.

but do u think 600k plus plus is wort it? i heard the space is bigger as well?

This post has been edited by tanyiau: Feb 26 2013, 02:03 PM

I bought Radena, no intention to get another unit as I am saving for my wedding and renovation now.

RM600k+ after discount is on the high side, almost RM100k more than Radena. Same land size 22x70", build up slightly bigger than Radena. Same precinct, same back-alley garden concept, same location... hard to justify the RM100k jump unless they make it very exclusive and unique.

Setia Eco Cascadia would be a better choice if I was given RM600-700k budget.

Just my 2 cents.

congrat bro! Radena i a good choice for the price value. too bad it jump so much or else i wont have so much headache.

thanks for the info any way bro

How much is radena now? tanyiau any info on what units available now and their selling price? This will be good info for me before I go down to their sales office.

Redena all sold out ald when i ask last week. only left Avatha 1. my friend just bougth one unit of Avatha 1 at 511k after discount if i not wrong.
other than Avatha 1, have to wait for SEV phase 2 ald

let me know if u have any update on Cadena. Thanks

This post has been edited by tanyiau: Feb 26 2013, 03:07 PM

Radena all sold out according to developers. Price history for Radena:

RM573k during soft launch, 10% discount... RM516k after discount
Few weeks increased to RM583k, RM10k increase in price. Garden-facing units price increase another RM10k.
Close to official launch, price adjusted to RM610k. Garden-facing units cost more.
Launch price: RM610k.

Eco Village phase 2 launches (Mar/Apr 2013):
Cadena (22x70", 2k sqft) - RM600k after discount
Pandora 1 & 2 (20x70", < 2k sqft) - RM500k++ after discount

Prices are not firm, just a rough indication I got from the friendly salesperson at SEG sales office.

I think I know who is your friend. My friend accompanied his friend to buy Avatha 1 last weekend, the last Avatha 1 unit available... yes around RM510k after discount. According to my friend, they bought it for investment not for own-stay.

I was told there are still available units at Avatha 2, no?

yea, me and my frd are both from penang but currently working in Singapore.
not sure sure about Avatha 2. he bought avatha 1 maybe for investment maybe to stay. Well depend how is iskandar devolepment going to be and aslo the safety over that area when the project is completed.

hi i am from penang too =)

does anyone have a map of the SEG area? I am quite confused now with Avatha 1 and 2, and all the other names. Where are they situated in respect to one another ?

This post has been edited by ov3rdrive: Feb 26 2013, 05:24 PM

Here you go: http://setiaecogardens.com.my/master-plan.asp#.USyBoaL-GSo

By the way Avatha 2 is selling for RM520k after discount.

This post has been edited by yrh0413: Feb 26 2013, 05:36 PM

cool, the price is about what i am looking for.

btw you guys know what is the difference between soft launch and actual launch? From what i know, soft launch is for invited clients only and not for public. So the next question is, how do we get into the soft launches or be informed there is one?

From my experience purchasing my property in SEG:

Soft launch: property is available for booking, information might not be complete e.g. the floorplan/color/theme/layout might not be finalized. But as potential buyer you are given some information to decide. Pay booking fees if you are interested, or if the site plan is out you can pay booking fees + chop a unit on the map. You get back your deposit if you decide not to proceed with the purchase, as long as the project is not officially launched.

Actual launch: property is available for booking and purchase. Information all finalized. For my case Radena's exterior was supposed to be brown/white but the actual design went with orange/white. There might be price adjustment which could be higher than the price offered to buyers during soft launch. Upon booking you are given a short time frame to apply for bank loan and execute your SnP.

If you are interested (for example Eco Village 2) you can always pay a booking fee to the developer and they will include you in the interest list. When they officially open up SEG for purchase you will be one of the first few to pick your unit on the map. Subsequently once the developer clears the interest list then they will open the project to public interest.

This post has been edited by yrh0413: Feb 26 2013, 05:56 PM

I am working in sg too. plan to have a look at there this sat afternoon. hopefully can find something i like and make my booking

I just visited SEG sales office today. All units sold out for phase except 2 units for Elvira.
Selling price RM 410K after rebate.

Phase II expected to be launched end of next month.

did you book one for SEV2?

yes i did
paid rm1k.

Also went to Bukit Indah, apparently all units there sold out >.<

cool, so far I rarely hear anyone backing out after they visited SEG LOL!

haha... i also just booked sev2. Will wait and see which unit i want.
600k is really wow... steep.
i didnt ask bout old units coz i thought all sold out.

elvira 410k? cheap?

quite cheap lo.
u went yesterday?

For 20x65" 410k is relatively cheap, but also need to consider that these units are directly under the high tension wires or the closest to the wires.

Yes. i went around 4.30pm

yeah bro, i agree, i believe the available units probably is the first row nearest to the high tension wires.
Btw, wat r the health impacts for staying close to high tension wires?
Anyone can enlighten me?
Thanks

No solid research results that equates high tension wires to health issues, but most websites I read advise not to stay within 100m from the high tension wires.

Still, it is not recommended to get properties close to high tension wires as the resale value might be affected.

yup, especially singaporeans who are retiring will really consider this.
I wonder if setia eco village phase 2 will be affected or not.
I am considering cadena or pandora. depends the difference in price

heard that there is a project called Sri Damansara, pekan nanas, to be launched at 460k
24 x 90, built up of 2700 sqft
i think it is quite a safe bet

will post more if there more detail