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 SETIA ECOHILL 2, Starter landed link house below 500k

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TSsamkps
post May 20 2016, 06:15 PM

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QUOTE(klangvalleyrookie @ May 20 2016, 03:42 PM)
Current launch is the precinct nearer to Lekas highway, aka Woodlands. The one nearer to Bkt Tempurung is Highlands. Last but not least, the southern most precinct situated on the lowest land is called Wetlands.
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Confusing ge neh, not sure if it is represented in such a way.

Website mention different ler..

This post has been edited by samkps: May 20 2016, 06:15 PM


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TSsamkps
post May 20 2016, 09:10 PM

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QUOTE(klangvalleyrookie @ May 20 2016, 06:45 PM)
SA told me so, hehe! Hope he did not bs me lah... Nowadays do sales must make up some stories then can sell higher price meh.... brows.gif

Woodlands: Individual title, FnG
Wetlands: Individual title, FnG
Highlands: Strata title, GnG
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Okay, now get it already, like romance of the three kingdoms.. biggrin.gif

Woodlands: SHU

Wetlands: WU

Highlands: Wei


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TSsamkps
post May 21 2016, 08:15 PM

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QUOTE(safewatch @ May 21 2016, 09:12 AM)
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!!
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The installment you are paying settle some of the principle too. The interest you paying is about 105k for the first 5 years while about 205k for 10 years.

If take away other misc cost, 750k is the breakeven cost after 10 years, not 5 years.

TSsamkps
post May 21 2016, 08:18 PM

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QUOTE(safewatch @ May 21 2016, 10:35 AM)
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.
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Yeap, 500k - 600k is the current benchmark in Semenyih currently, without any commercial activity by the big boys yet. What would be the new benchmark after commercial up in 3 -5 years time? I don't have any crystal ball to predict, but time will tell for sure.
TSsamkps
post May 21 2016, 08:23 PM

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QUOTE(Jliew168 @ May 21 2016, 06:37 PM)
Boss u waiting drop from developer package la

He never buy subsale to profit flipper  tongue.gif
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Lol... Bear bear also buying from flipper lah, just flipper this time is the greedy SHL and not the individual loh.




TSsamkps
post May 21 2016, 08:26 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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Bear, become fortune teller again? biggrin.gif
TSsamkps
post May 21 2016, 08:30 PM

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QUOTE(bearbearwong @ May 21 2016, 01:21 AM)
3 dead kingdoms.... no occupants..
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Bear, mind your own goodview height lah, VP 1 year already, still less than 20 occupants. How?
TSsamkps
post May 21 2016, 10:17 PM

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For those who miss out the SEH 2 launching event..

This post has been edited by samkps: May 21 2016, 10:25 PM


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TSsamkps
post May 21 2016, 10:37 PM

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QUOTE(Jasoncat @ May 21 2016, 10:30 PM)
Further coverage / info on SEH2 smile.gif
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Wah, the roundabout ada cantik... rclxms.gif rclxms.gif But isn't it suppose to be 2-tier? hmm.gif

Tapi, wrong info... The 360 club house in in Setia Ecohill 1, not Ecohill 2 lah.. sweat.gif sweat.gif

So the "private international school" land size is 35.9 acres, let see which college / uni will land later.

This post has been edited by samkps: May 21 2016, 10:48 PM
TSsamkps
post May 21 2016, 10:46 PM

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QUOTE(dreamer2020 @ May 21 2016, 10:45 PM)
hi may i know where is ecohill2 sales gallery?
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Same with Ecohill 1 sales gallery currently. Show houses also same place as well.
TSsamkps
post May 21 2016, 10:54 PM

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QUOTE(Rabel @ May 21 2016, 10:49 PM)
Boss, eco hill 2 got banglow land ?
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Ada, but not yet launch.. Rabel boss always aims bungalow land... thumbsup.gif
TSsamkps
post May 22 2016, 01:14 AM

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QUOTE(safewatch @ May 22 2016, 12:15 AM)
Sorry samkps bro. The 750k calculation is inclusive of the capital outlay too if u get what I mean.. cuz given the situation where u wanna dispose in 5 years time.

First 10% = 50k

550k (90% ltv) = 500k

5 years holding = 2500 x 60 = 150k

Misc cost (furnishings, lawyer fees and stamp duty upon disposal) = 50k

Take home profit = 50k (may be adjusted accordingly to individual preference)

Total = 800k

*I revise the figure to 800k now. Forgot to include the first 10% of 550k

Of cuz that's assuming if the unit is not rented based on the current near term supplies. I may be wrong but the scenario above sets as a very simple reference only.

Do you have any idea when I seh 1 phase 2 commies or ew silver square commies gonna launch? Wanna que for it this time. Tq
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SPA price: 553k
Downpayment: 55.3k
Loan (90%): 497.7k
Let say you get a loan for 35 years with a loan rate 4.5%, monthly installment is 2355.40.
You service the loan for 5 years: 2355.40 X 60 = 141,324 .
Out of this 141,324, interest charged is 108,488, while 32,836 will be used to pay the principle.
The outstanding loan after 5 years is 464,865.
Total investment you have put in: 55.3k (downpayment) + 108, 488 (interest charge) + 32, 836 (loan principle) = 196,624
------------------------------------------------------------------------
After 5 years upon completion (~ 7 years), you decide to sell the property at 750k.
So, the gross profit: 750k – 464,865 (loan) = 285,135
Misc charges incurred: 50k (this is assume you pay the MOT (not absorbed by Setia), otherwise normal charges would be only legal SPA (~ 10k) + agent fees (~15k). Assessment, quit rent, utility bills sum up should be less 3k)
The gross profit after misc charges = 285,135 – 50k = 235,135
The net profit: 235,135 – 196,624 (initial outlay) = 38,511
This assumes you let the house vacant for 5 years without any tenant.


By the way, not sure about when the next phase of commie in SEH 1 is going to launch, but the ecohill walk plan definitely already in the pipeline.

This post has been edited by samkps: May 22 2016, 01:19 AM
TSsamkps
post May 22 2016, 01:16 AM

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QUOTE(Jasoncat @ May 21 2016, 11:38 PM)
Samkor, sure ada bungalow land for sale? hmm.gif  I think SPS doesn't need to do so but instead selling the bungalow houses will fetch better margin.
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Stated in the masterplan... Should have at least some gua... Ecohill 1 which is only about 2/3 of the Ecohill 2 also have bungalow lot leh.
TSsamkps
post May 22 2016, 01:23 AM

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QUOTE(Rabel @ May 21 2016, 11:12 PM)
biggrin.gif later BBW said stupid again
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We all know that bear bear trying very hard for about 2 years plus already to convince everyone that all SEH /EM buyers are fated to be stupid, only buyers for GVH are smart..

习惯就好。。 biggrin.gif

TSsamkps
post May 22 2016, 01:25 AM

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QUOTE(Jasoncat @ May 21 2016, 11:31 PM)
Maybe plan to have another 360° club house in SEH2 hmm.gif tongue.gif
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wah, like that becomes 720 degree club houses already... biggrin.gif biggrin.gif
TSsamkps
post May 28 2016, 12:50 PM

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QUOTE(peri peri @ May 23 2016, 09:38 AM)
Rimbayu is facing the same stigma
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I believe almost every project in klang Valley also same.

Any project VP within 6 months recently has very high occupancy rate?
TSsamkps
post May 28 2016, 12:56 PM

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QUOTE(legioss @ May 27 2016, 11:48 PM)
how about the density then? is it similar to EM? i think about 10 units per acre
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Perhaps can estimate by yourself...


Setia EcoHill 2, which will also have a commercial component, has a GDV of RM5 billion. Its net sellable area is about 500 acres — 382 acres for homes and 119 acres for commercial properties. The remaining 510 acres will be for amenities, landscaping and common areas.

Setia EcoHill 2 is expected to be developed in 18 phases over the next 10 years.

According to S P Setia’s plan, the township will have 8,024 homes — 2,284 terraced houses, 1,300 semidees, 306 zero-lot bungalows, 109 bungalows, 1,610 low-cost high-rise units and 2,415 low medium-cost and medium-cost high-rise units. There will also be 13 commercial plots of between 1 and 18.9 acres. The group is currently in talks with private educational institutions to set up an international school on a 35.9-acre parcel.
TSsamkps
post May 28 2016, 12:59 PM

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QUOTE(klangvalleyrookie @ May 23 2016, 08:39 PM)
As per my understanding the HTC runs as marked on the following map. Anyone else can verify?
[attachmentid=6700667]
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Wah... geng woh... the SA serves you seems knows a lot... rclxms.gif rclxms.gif

I try to find the HTC using the google map, but can't notice.. Maybe to small to be detected by the google satellite.. sweat.gif sweat.gif




TSsamkps
post May 28 2016, 01:35 PM

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Promotional video...

https://www.youtube.com/watch?v=FlAapKZbtlU
TSsamkps
post Jun 13 2016, 04:09 PM

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QUOTE(Devan83 @ Jun 13 2016, 03:53 PM)
Good day,

Can we already book? what are the steps or advice?

Thanks.
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Good day to you too. Still not open for booking for public, but can register for interest..

http://setiaecohill.com.my/setiaecohill2/index.aspx

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