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Investment EcoMajestic @ Semenyih (VERSION 4), Herald of a New Era by EcoWorld

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cutealex
post Jul 22 2014, 02:22 PM

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LOLZ......You all....
tengster
post Jul 22 2014, 02:28 PM

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QUOTE(cutealex @ Jul 22 2014, 02:22 PM)
LOLZ......You all....
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Rosemund Kwan. You gotta live with it. Hehehe
wen xuan
post Jul 22 2014, 04:40 PM

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QUOTE(illidonleong @ Jul 22 2014, 12:05 PM)
Tengster or anyone has any idea of the shop lot prices around semenyih prices for the past few years? I dont seem to get the historical transacted price of that area.
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which shoplot location u point to know? as i know pass 10 years the shoplot in Semenyih Sentral for 3 storey is around RM600k, now the latest transaction (2014) is RM1.3m for 3 storey near to The Store.
shoplot around Tesco Semenyih, RM400-RM600k for double storey, for subsale RM900++k in year 2012 (for the current Domino's location).
for the shop in EMSO there RM1.7m for frontage n RM1.6m for back one in year 2012.
illidonleong
post Jul 22 2014, 05:38 PM

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QUOTE(wen xuan @ Jul 22 2014, 04:40 PM)
which shoplot location u point to know? as i know pass 10 years the shoplot in Semenyih Sentral for 3 storey is around RM600k, now the latest transaction (2014) is RM1.3m for 3 storey near to The Store.
shoplot around Tesco Semenyih, RM400-RM600k for double storey, for subsale RM900++k in year 2012 (for the current Domino's location).
for the shop in EMSO there RM1.7m for frontage n RM1.6m for back one in year 2012.
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Thanks for the insight.

in your opinion which is the best area for shoplot around semenyih? I mean expected to be the next big hub in 10 to 15 years time when EcoMajestic and Ecohill is fully developed.
wen xuan
post Jul 22 2014, 05:54 PM

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QUOTE(illidonleong @ Jul 22 2014, 05:38 PM)
Thanks for the insight.

in your opinion which is the best area for shoplot around semenyih? I mean expected to be the next big hub in 10 to 15 years time when EcoMajestic and Ecohill is fully developed.
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hardly to spot....anyhow im looking for SEH shoplot....the SA said maybe it will be launch on next year shakehead.gif the other one for me is EM Silver square commercial area tongue.gif or if u really wanna to buy shop now, maybe u can try to look the development in front of EMSO (next to JPJ Semenyih). or else u can buy a subsale in Semenyih Sentral, 100% can rent out, but the rental cant cover the installment (ground floor RM2800-RM3500, 1st floor RM700-RM1000, 2nd floor RM400-RM600), unless u loan lesser n pay more deposit lor tongue.gif
Chris Chew
post Jul 22 2014, 06:07 PM

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QUOTE(illidonleong @ Jul 22 2014, 05:38 PM)
Thanks for the insight.

in your opinion which is the best area for shoplot around semenyih? I mean expected to be the next big hub in 10 to 15 years time when EcoMajestic and Ecohill is fully developed.
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For me, the answer already within ur sentence.

samkps
post Jul 22 2014, 06:28 PM

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QUOTE(wen xuan @ Jul 22 2014, 04:40 PM)
which shoplot location u point to know? as i know pass 10 years the shoplot in Semenyih Sentral for 3 storey is around RM600k, now the latest transaction (2014) is RM1.3m for 3 storey near to The Store.
shoplot around Tesco Semenyih, RM400-RM600k for double storey, for subsale RM900++k in year 2012 (for the current Domino's location).
for the shop in EMSO there RM1.7m for frontage n RM1.6m for back one in year 2012.
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Semenyih sentral can be considered the main central district of the Semenyih. Most of the commercial activity is within this area and the major banks such as maybank, public bank, hong leong bank, ambank all located within this area. Thus, the price tag of the commie within this area usually is higher.

Shoplots near Tesco Semenyih just brought up during 2009/ 2010, together with the Pelangi Semenyih 1. Most of the famous eatery choose to open their branches here, including the pizza hut, domino, secret recipe, old town etc. McD located on a separated which is 500 - 600 meter from this region. I think it's fairly hard to get a unit of shoplot within this region anymore, as mostly are occupied and the most recent traded price I heard is reaching 1.2 mil.

The shops near to EMSO as I presume most people knew, it is relatively still new, VP last year if not mistaken. Beside EMSO, so far only 2 or 3 shops are opened as the show room if not mistaken. So far the commercial activity within this area still very weak and no significant improvenment due to lack of banks and famous eateries. This area will be relying on the success of Kajang East and Kiara Plaza later..

If looking at the potential, I presume the area within Tesco is among the best, as it is centered for many housing projects nearby. It is more well planned and so far considered the most vibrant area within Semenyih so far. Personally I think this area will be the center of growth, as all the connecting facilities are already there, before the establishment of silversquare in few years later.

Overall, I presume Setia Ecohill are the most benefial party for these commercial development, as it is located about center of both... rclxms.gif rclxms.gif

This post has been edited by samkps: Jul 22 2014, 06:40 PM
samkps
post Jul 22 2014, 06:28 PM

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QUOTE(wen xuan @ Jul 22 2014, 05:54 PM)
hardly to spot....anyhow im looking for SEH shoplot....the SA said maybe it will be launch on next year shakehead.gif the other one for me is EM Silver square commercial area tongue.gif or if u really wanna to buy shop now, maybe u can try to look the development in front of EMSO (next to JPJ Semenyih). or else u can buy a subsale in Semenyih Sentral, 100% can rent out, but the rental cant cover the installment (ground floor RM2800-RM3500, 1st floor RM700-RM1000, 2nd floor RM400-RM600), unless u loan lesser n pay more deposit lor  tongue.gif
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Semenyih sentral shoplot is leasehold or freehold? hmm.gif hmm.gif
illidonleong
post Jul 22 2014, 06:40 PM

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QUOTE(wen xuan @ Jul 22 2014, 05:54 PM)
hardly to spot....anyhow im looking for SEH shoplot....the SA said maybe it will be launch on next year shakehead.gif the other one for me is EM Silver square commercial area tongue.gif or if u really wanna to buy shop now, maybe u can try to look the development in front of EMSO (next to JPJ Semenyih). or else u can buy a subsale in Semenyih Sentral, 100% can rent out, but the rental cant cover the installment (ground floor RM2800-RM3500, 1st floor RM700-RM1000, 2nd floor RM400-RM600), unless u loan lesser n pay more deposit lor  tongue.gif
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Thanks for the reply.

WOW SEH shoplot will be great. But i am afraid they will ask around 2 million. So do you think should buy nearby areas then when they launch at SEH, then sell higher.

Also, if SEH shoplot were to sell so high, I dont think the rental can cover the loan.
samkps
post Jul 22 2014, 06:41 PM

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QUOTE(illidonleong @ Jul 22 2014, 06:40 PM)
Thanks for the reply.

WOW SEH shoplot will be great. But i am afraid they will ask around 2 million. So do you think should buy nearby areas then when they launch at SEH, then sell higher.

Also, if SEH shoplot were to sell so high, I dont think the rental can cover the loan.
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If not mistaken, SEH shoplot first phase only have 64 units, internal dunno already sapu how many units... doh.gif doh.gif
Jasoncat
post Jul 22 2014, 06:50 PM

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QUOTE(samkps @ Jul 22 2014, 06:41 PM)
If not mistaken, SEH shoplot first phase only have 64 units, internal dunno already sapu how many units...  doh.gif  doh.gif
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I believe that the commercial lots at EM will be selling like hot cake! Slim chance to get a slice of it, and price will also like sky high sad.gif
wen xuan
post Jul 22 2014, 06:55 PM

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QUOTE(samkps @ Jul 22 2014, 06:28 PM)
Semenyih sentral shoplot is leasehold or freehold?  hmm.gif  hmm.gif
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leasehold
wen xuan
post Jul 22 2014, 06:58 PM

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QUOTE(illidonleong @ Jul 22 2014, 06:40 PM)
Thanks for the reply.

WOW SEH shoplot will be great. But i am afraid they will ask around 2 million. So do you think should buy nearby areas then when they launch at SEH, then sell higher.

Also, if SEH shoplot were to sell so high, I dont think the rental can cover the loan.
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haha...sure CAN NOT cover lor tongue.gif as
illidonleong
post Jul 22 2014, 09:17 PM

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QUOTE(samkps @ Jul 22 2014, 06:41 PM)
If not mistaken, SEH shoplot first phase only have 64 units, internal dunno already sapu how many units...  doh.gif  doh.gif
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I not scared kena sapu. But I expect that in the short term it would be white elephant. Cause if the shop lots are expensive, rental should be higher than the other semenyih areas. fixed cost for business might be higher, hence businesses will opt to rent else where, eg, the shop lots in EMSO.

Unless ecohill will be making some medium end shop lots like sunway Giza or the Strand there. Where lunch would be around RM15 to RM20 per person. But then would it be sustainable in the short run?

any comments?




tengster
post Jul 22 2014, 09:19 PM

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QUOTE(illidonleong @ Jul 22 2014, 09:17 PM)
I not scared kena sapu. But I expect that in the short term it would be white elephant. Cause if the shop lots are expensive, rental should be higher than the other semenyih areas. fixed cost for business might be higher, hence businesses will opt to rent else where, eg, the shop lots in EMSO.

Unless ecohill will be making some medium end shop lots like sunway Giza or the Strand there. Where lunch would be around RM15 to RM20 per person. But then would it be sustainable in the short run?

any comments?
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Good question. But I don't have answer as yet.
Jasoncat
post Jul 22 2014, 09:22 PM

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QUOTE(tengster @ Jul 22 2014, 09:19 PM)
Good question. But I don't have answer as yet.
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Can borrow the crystal ball from BBW tongue.gif
Rabbit Star
post Jul 22 2014, 10:23 PM

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QUOTE(tengster @ Jul 22 2014, 12:51 PM)
I don't take MRTA....I have other form of protection...

I don't have shoplot details in Semenyih.
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Hi Sifu, mind to share what type of protection for mortgage instead of taking-up MRTA?
tengster
post Jul 22 2014, 10:46 PM

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QUOTE(Rabbit Star @ Jul 22 2014, 10:23 PM)
Hi Sifu, mind to share what type of protection for mortgage instead of taking-up MRTA?
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I have life policies and also term life policies (mine and also company benefit).

To me the above is enough. I ain't go anymore.
samkps
post Jul 22 2014, 11:23 PM

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QUOTE(wen xuan @ Jul 22 2014, 06:55 PM)
leasehold
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Thanks... Semenyih sentral established about 10 years already, correct?

This post has been edited by samkps: Jul 22 2014, 11:44 PM
samkps
post Jul 22 2014, 11:44 PM

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QUOTE(illidonleong @ Jul 22 2014, 09:17 PM)
I not scared kena sapu. But I expect that in the short term it would be white elephant. Cause if the shop lots are expensive, rental should be higher than the other semenyih areas. fixed cost for business might be higher, hence businesses will opt to rent else where, eg, the shop lots in EMSO.

Unless ecohill will be making some medium end shop lots like sunway Giza or the Strand there. Where lunch would be around RM15 to RM20 per person. But then would it be sustainable in the short run?

any comments?
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I personally believe the price tag for commie in SEH should be a little higher than the market price around, as its location is exactly beside the main road of Jalan Semenyih, easily noticeable plus with a reasonably big population within the township. Don't think they will jack up the price too high though. The infra which is already available within these area is not something that can be offered by the shop lot around EMSO. That area is seriously jammed up during the peak period and if you ever going to EMSO from the Semenyih town, the traffic light that lead you go into Sunway Semenyih seems takes forever to turn green.

As a business man, will you open your shop in an area which is currently lack of commercial activity or in an area which is already have commercial activity with proven customer record but with higher rental? That's really depends on the personal risk appetite.

Old town has been in Tesco Semenyih for few years and still able to sustain. Overall, it still depends on how many population inflow can be brought in by the housing projects that mushrooming around Semenyih now.

As I mention before, new township attract new population, new population attract new commercial activity, new commercial activity attract new population and new population demand more township to be built, inter-related to each other. Overall, it's the population growth is the key point that sustain the commercial activity though..



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