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 SETIA ECOHILL 2, Starter landed link house below 500k

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klangvalleyrookie
post May 20 2016, 09:58 PM

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QUOTE(samkps @ May 20 2016, 09:10 PM)
Okay, now get it already, like romance of the three kingdoms..  biggrin.gif

Woodlands: SHU

Wetlands: WU

Highlands: Wei
*
Wow! U memang pandai buat cerita. Give u a like! rclxms.gif rclxms.gif
Jliew168
post May 21 2016, 12:59 AM

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Can buy for investment?.
bearbearwong
post May 21 2016, 01:05 AM

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QUOTE(Jliew168 @ May 21 2016, 12:59 AM)
Can buy for investment?.
*
U want holland or not? None phase 1 seh buyers buying.. u wanna holland no one stopping you de
bearbearwong
post May 21 2016, 01:21 AM

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QUOTE(samkps @ May 20 2016, 09:10 PM)
Okay, now get it already, like romance of the three kingdoms..  biggrin.gif

Woodlands: SHU

Wetlands: WU

Highlands: Wei
*
3 dead kingdoms.... no occupants..
Longshot
post May 21 2016, 08:54 AM

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QUOTE(Jliew168 @ May 21 2016, 12:59 AM)
Can buy for investment?.
*
depends on what are your objectives for this investment...
rental income or capital appreciation or both...
or to park excess cash money into property for long term to hedge against inflation..
or for your children education funds or house for them..
or planing as your retirement home in the near future...

but not for short term gain as new township are not for short term gains, they are mid to long term as they need the time to mature and infra and commies to setup..

hope this helps... cool2.gif
Jliew168
post May 21 2016, 09:09 AM

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QUOTE(Longshot @ May 21 2016, 08:54 AM)
depends on what are your objectives for this investment...
rental income or capital appreciation or both...
or to park excess cash money into property for long term to hedge against inflation..
or for your children education funds or house for them..
or planing as your retirement home in the near future...

but not for short term gain as new township are not for short term gains, they are mid to long term as they need the time to mature and infra and commies to setup..

hope this helps...  cool2.gif
*
Wonder any repeat buyer for this project..township look quite nice

Capital appreciation more likely in future but need hold at least 6-7 years above
safewatch
post May 21 2016, 09:12 AM

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QUOTE(Longshot @ May 21 2016, 08:54 AM)
depends on what are your objectives for this investment...
rental income or capital appreciation or both...
or to park excess cash money into property for long term to hedge against inflation..
or for your children education funds or house for them..
or planing as your retirement home in the near future...

but not for short term gain as new township are not for short term gains, they are mid to long term as they need the time to mature and infra and commies to setup..

hope this helps...  cool2.gif
*
Hmm..

Lets say a purchase in SEH 2 is 550k. Assuming that you have undertaken a 35 years mortgage at 90% LTV. Your monthly repayment to the bank would be 2.5k.

Understand that new township requires a mid term to long term holding power. Below are some scenarios of holding cost without rental as we are very well aware of the situation here. Let's just ignore the other ad hoc cost in the scenarios below.

5 years (mid term) : holding cost without rental : 2.5k x 60 = 150k.
10 years (long term) : holding cost without rental : 2.5k x 120 = 300k.

Let's hope the 550k seh 2 house will appreciate till at least 750k to breakeven in 5 years time. Not to forget those misc cost and also I'm sure you would want to walk away with some profit too. 900k in 5 years time doable? Let's not use the word doable but can it be transacted at 900k in 5 years time..

I'm bullish towards the commercials here but I've missed the boat. Sigh.. waiting for the new commie launches!!

This post has been edited by safewatch: May 21 2016, 09:13 AM
Longshot
post May 21 2016, 10:20 AM

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QUOTE(Jliew168 @ May 21 2016, 09:09 AM)
Wonder any repeat buyer for this project..township look quite nice

Capital appreciation more likely in future but need hold at least 6-7 years above
*
QUOTE
Lets say a purchase in SEH 2 is 550k. Assuming that you have undertaken a 35 years mortgage at 90% LTV. Your monthly repayment to the bank would be 2.5k. Understand that new township requires a mid term to long term holding power. Below are some scenarios of holding cost without rental as we are very well aware of the situation here. Let's just ignore the other ad hoc cost in the scenarios below. 5 years (mid term) : holding cost without rental : 2.5k x 60 = 150k. 10 years (long term) : holding cost without rental : 2.5k x 120 = 300k. Let's hope the 550k seh 2 house will appreciate till at least 750k to breakeven in 5 years time. Not to forget those misc cost and also I'm sure you would want to walk away with some profit too. 900k in 5 years time doable? Let's not use the word doable but can it be transacted at 900k in 5 years time.. I'm bullish towards the commercials here but I've missed the boat. Sigh.. waiting for the new commie launches!!


Bro and Sis,
No future seeing crystal ball.
So proceed base on your own analysis.

But SET already selling at starting price of RM850k in Rawang on leasehold land.
SEG already in the millions for landed...

Bangi can still get around RM550K to RM650K but lack the kind of eco theme offer by these townships
There are other options in other areas, so depends on what you are looking for...

Commis still can wait for EM Silver Square aka Majestic City.... thumbsup.gif

This post has been edited by Longshot: May 21 2016, 10:20 AM
safewatch
post May 21 2016, 10:35 AM

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QUOTE(Longshot @ May 21 2016, 10:20 AM)
Bro and Sis,
No future seeing crystal ball.
So proceed base on your own analysis.

But SET already selling at starting price of RM850k in Rawang on leasehold land.
SEG already in the millions for landed...

Bangi can still get around RM550K to RM650K but lack the kind of eco theme offer by these townships
There are other options in other areas, so depends on what you are looking for...

Commis still can wait for EM Silver Square aka Majestic City....  :thumbsup:
*
Sorry bro but houses around eco templar especially in rawang are fetching around that price benchmark where as for semenyih average would be around 500k to 600k benchmark. The projects by sp setia are priced accordingly to target areas.

Bangi mah sing project is already asking for 500k above whuch is very ridiculous. Lol.

Yeah waiting for seh 2 commies. Hope the prices are reasonable.
CK15
post May 21 2016, 10:41 AM

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QUOTE(bearbearwong @ May 21 2016, 01:05 AM)
U want holland or not? None phase 1 seh buyers buying.. u wanna holland no one stopping you de
*
Holland???
U don't have money don't waste time here la! Focus on ur GVH HEAVEN 1st purchase la.
BTW, such an unique theme development, I'll buy for retirement if my HM give a green light. tongue.gif tongue.gif tongue.gif
bearbearwong
post May 21 2016, 02:35 PM

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QUOTE(CK15 @ May 21 2016, 10:41 AM)
Holland???
U don't have money don't waste time here la! Focus on ur GVH HEAVEN 1st purchase la.
BTW, such an unique theme development, I'll buy for retirement if my HM give a green light. tongue.gif tongue.gif tongue.gif
*
U buy first seh 2 then show.. till dat time.. hmm.. talk kosong
Jasoncat
post May 21 2016, 03:04 PM

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QUOTE(bearbearwong @ May 21 2016, 02:35 PM)
U buy first seh 2 then show.. till dat time.. hmm.. talk kosong
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You have been talking kosong for years till you buy GVH. Btw, have you signed both S&P and bank's letter of offer / facility agreement?
bearbearwong
post May 21 2016, 03:23 PM

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QUOTE(Jasoncat @ May 21 2016, 03:04 PM)
You have been talking kosong for years till you buy GVH. Btw, have you signed both S&P and bank's letter of offer / facility agreement?
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I predict u wont buy SEH 2.. prove me wrong since you support seh products
Jasoncat
post May 21 2016, 03:26 PM

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QUOTE(bearbearwong @ May 21 2016, 03:23 PM)
I predict u wont buy SEH 2.. prove me wrong since you support seh products
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You don't need to predict. I need to manage my portfolio and likely will consider next buy after my existing prop under construction completed.

You haven't answered - have signed SPA and bank's letter of offer?
bearbearwong
post May 21 2016, 03:32 PM

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QUOTE(Jasoncat @ May 21 2016, 03:26 PM)
You don't need to predict. I need to manage my portfolio and likely will consider next buy after my existing prop under construction completed.

You haven't answered - have signed SPA and bank's letter of offer?
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I m holding off signing in anticipation of further drop..

based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid
TT18
post May 21 2016, 04:11 PM

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QUOTE(bearbearwong @ May 21 2016, 03:32 PM)
I m holding off signing in anticipation of further drop..

based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid
*
Aiseyman,
Buy house also can become stupid ?? bangwall.gif
Or is it the other way round ?
Only stupid people buy house ?? hmm.gif
No wonder, me myself & I "are" getting more and more "confused" !! rclxub.gif

This post has been edited by TT18: May 22 2016, 09:02 AM
Jliew168
post May 21 2016, 04:43 PM

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QUOTE(bearbearwong @ May 21 2016, 03:32 PM)
I m holding off signing in anticipation of further drop..

based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid
*
Holding off signing?

Classic

Champion notworthy.gif
PeriPeri2014
post May 21 2016, 04:55 PM

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QUOTE(bearbearwong @ May 21 2016, 03:32 PM)
I m holding off signing in anticipation of further drop..

based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid
*
Buy Pallida is a better choise, dont u think so?? devil.gif devil.gif
bearbearwong
post May 21 2016, 05:04 PM

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QUOTE(Jasoncat @ May 21 2016, 03:26 PM)
You don't need to predict. I need to manage my portfolio and likely will consider next buy after my existing prop under construction completed.

You haven't answered - have signed SPA and bank's letter of offer?
*
I m holding off signing in anticipation of further drop..

based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid
CK15
post May 21 2016, 05:27 PM

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QUOTE(bearbearwong @ May 21 2016, 03:32 PM)
I m holding off signing in anticipation of further drop..

based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid
*
I never see stupid developer give further discount to hooked swee yi? hmm.gif
Only naive and stupid hooked swee yi think he smart... tongue.gif tongue.gif tongue.gif

This post has been edited by CK15: May 21 2016, 06:10 PM

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