QUOTE(samkps @ May 20 2016, 09:10 PM)
Okay, now get it already, like romance of the three kingdoms..
Woodlands: SHU
Wetlands: WU
Highlands: Wei
Wow! U memang pandai buat cerita. Give u a like! Woodlands: SHU
Wetlands: WU
Highlands: Wei
SETIA ECOHILL 2, Starter landed link house below 500k
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May 20 2016, 09:58 PM
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1,717 posts Joined: Aug 2015 |
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May 21 2016, 12:59 AM
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600 posts Joined: Jun 2014 |
Can buy for investment?.
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May 21 2016, 01:05 AM
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9,533 posts Joined: Jun 2013 |
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May 21 2016, 01:21 AM
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9,533 posts Joined: Jun 2013 |
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May 21 2016, 08:54 AM
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3,796 posts Joined: May 2009 |
QUOTE(Jliew168 @ May 21 2016, 12:59 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... |
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May 21 2016, 09:09 AM
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600 posts Joined: Jun 2014 |
QUOTE(Longshot @ May 21 2016, 08:54 AM) depends on what are your objectives for this investment... Wonder any repeat buyer for this project..township look quite nicerental 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... Capital appreciation more likely in future but need hold at least 6-7 years above |
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May 21 2016, 09:12 AM
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63 posts Joined: Apr 2016 |
QUOTE(Longshot @ May 21 2016, 08:54 AM) depends on what are your objectives for this investment... Hmm..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... 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 |
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May 21 2016, 10:20 AM
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3,796 posts Joined: May 2009 |
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.... This post has been edited by Longshot: May 21 2016, 10:20 AM |
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May 21 2016, 10:35 AM
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63 posts Joined: Apr 2016 |
QUOTE(Longshot @ May 21 2016, 10:20 AM) Bro and Sis, 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. 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: 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. |
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May 21 2016, 10:41 AM
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1,466 posts Joined: Jul 2010 |
QUOTE(bearbearwong @ May 21 2016, 01:05 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. |
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May 21 2016, 02:35 PM
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9,533 posts Joined: Jun 2013 |
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May 21 2016, 03:04 PM
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9,913 posts Joined: Jun 2014 |
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May 21 2016, 03:23 PM
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9,533 posts Joined: Jun 2013 |
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May 21 2016, 03:26 PM
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9,913 posts Joined: Jun 2014 |
QUOTE(bearbearwong @ May 21 2016, 03:23 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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May 21 2016, 03:32 PM
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9,533 posts Joined: Jun 2013 |
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. I m holding off signing in anticipation of further drop..You haven't answered - have signed SPA and bank's letter of offer? based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid |
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May 21 2016, 04:11 PM
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368 posts Joined: May 2014 |
QUOTE(bearbearwong @ May 21 2016, 03:32 PM) I m holding off signing in anticipation of further drop.. Aiseyman,based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid Buy house also can become stupid ?? Or is it the other way round ? Only stupid people buy house ?? No wonder, me myself & I "are" getting more and more "confused" !! This post has been edited by TT18: May 22 2016, 09:02 AM |
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May 21 2016, 04:43 PM
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600 posts Joined: Jun 2014 |
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May 21 2016, 04:55 PM
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8,226 posts Joined: Jul 2014 From: Kuala Lumpur |
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May 21 2016, 05:04 PM
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9,533 posts Joined: Jun 2013 |
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. I m holding off signing in anticipation of further drop..You haven't answered - have signed SPA and bank's letter of offer? based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid |
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May 21 2016, 05:27 PM
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1,466 posts Joined: Jul 2010 |
QUOTE(bearbearwong @ May 21 2016, 03:32 PM) I m holding off signing in anticipation of further drop.. I never see stupid developer give further discount to hooked swee yi? based on d existing perfomance on seh 1.. highly unlikely to go seh 2.. unless stupid Only naive and stupid hooked swee yi think he smart... This post has been edited by CK15: May 21 2016, 06:10 PM |
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