Selayang needs an ONG factor. Selayang Springs is very sad case.

Right now, I think Selayang needs a catalyst... and clear out some factories and MPS needs to buck up. Otherwise, I know alot of PR1MA might come here.

Yes if holiday villa.
Been running for the last 20+ yrs already. Unusal for hotel to remain so long without changing hand....

Just an update from my friend.
He almost booked a unit in Selayang Springs. Lucky for him.
He still keep track of the progress of that project, so he knows abit.
According to him, not the developer cabut. It is the Main Con who has cabut!!
This Main Con was invited to take over some other lousy contractor last time.
In the end, they also cabut.

And if not mistaken, the drawdown for Selayang Springs is almost at 50%.
So, like it or not, purchasers are paying RM300++ each month for the interest of loan (not yet even paying principal).
Really pity Selayang Springs purchasers. Hopefully some other contractor can take over the job and finish it.

This post has been edited by Calculator2013: Jan 16 2014, 09:58 AM

A banker friend told me that Aeon will be going in as anchor retail.
Not sure how true.

Bankers also get hearsay from developer, SA and others only....cerita aje....

Yah, agree.
Doubt that Aeon will be setting up there.

Even if they come, it will be very small operation that may have little impact... Giant could be more suitable candidate....since Aeon nowadays prefer to build their own premise like BBT, metro prima, etc...

Really pity Selayang Spring buyers. Building up to almost roof. Painting done halfway liao....

Strange, after contractors (main con and sub-con) complete their work and certified by architect then only the developer pay the main con. At the same time, the developer will notify the bank to release loan based on the progress billing. If the main con cabut, the developer just have to re-tender and award to the main con to complete the job, at worst would be higher cost rather than total abandon...

If Selayang Spring is under HDA, better still as the 50% collection after paying for the contractor claims are protected inside the HDA bank account. Unless the developer cannot service the bank loan and bank take action against developer

So which is which ar...?

Under Aeon Maxvalue, is it? Then it's possible. So far, only seen one Maxvalue at Damansara Damai...

Now Aeon already got Aeon Big after taking over Carrefour...

Redo tender exercise at this juncture is very costly in view of increase cost.

The one in Desa ParkCity Waterfront is Maxvalue too.

Just went there kepoh today.
Greeted by 2 leng luis upon entering. I thought will be served by them.
Mana tahu they just giving me calendar and brochure. A guy then served me.
Hahaha.... jokes aside. Details of kepoh, 5% early bird rebate. Almost RM630psqft. Size only two types, 5xx sft and 6xx sft. Bigger unit facing road, smaller units facing pool. SA said confirmed got AEON as tenant. A cinema also finalising coming in. The maintenance fee very steep, at 35-40cents psqft, seeing that they only provide quite basic facilities, nothing fancy. Only providing one carpark with no option to buy. Fully furnish, but can write in to developer before signing SPA to ask for discount if want bare unit without furnitures and fittings. Booking fee is RM5k.

This post has been edited by Calculator2013: Jan 18 2014, 03:26 PM

What is the track record of the developer?

Aman Sierra at Selayang which are townhouses. And also Centrestage at SS13.

May I know how many units altogether? And how long the whole project takes to complete? I was thinking: does that mean MRT2 might not be coming to Selayang anytime soon because otherwise, developer would not have launched the project now. They would have waited until MRT2 is announced.

On the prospect of having AEON as anchor tenant, I think this one if confirmed will definitely make the project much more doable. How big is the AEON there? is there enough space? Just the supermarket or the whole departmental store?

Sorry for so many questions.

This post has been edited by Martinis: Jan 18 2014, 05:33 PM

2000+ unit

2,775 units.

Many commenters should read the entire thread.

Holy Cow, they are trying to reproduce their high density Centerstage project with many many shoe boxes with some view being the windows of the opposite unit. Throw in Best Western vs Holiday Villa...

But looking at the quality of Centerstage current structure, much more is desired!

Boss, why the high interest in selayang project?

Boss, i was very disappointed with the Facade and Location. To me, is a big risk.

How is Centrestage now?