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 SETIA ECOHILL 2, Starter landed link house below 500k

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bearbearwong
post May 21 2016, 01:05 AM

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QUOTE(Jliew168 @ May 21 2016, 12:59 AM)
Can buy for investment?.
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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
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3 dead kingdoms.... no occupants..
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
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U buy first seh 2 then show.. till dat time.. hmm.. talk kosong
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
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
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?
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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
bearbearwong
post May 22 2016, 12:31 PM

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QUOTE(aromachong @ May 21 2016, 11:08 PM)
u dun wan be flippers meh? can make lot of money o
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U seemed convince.. please proceed accordingly.. and show spa ya
bearbearwong
post May 22 2016, 12:39 PM

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QUOTE(samkps @ May 22 2016, 01:14 AM)
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.
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5 years vacant post vp not so likely.. if you drop rental below 1k sure got suiyee...

but 38k for 5 years post vp.. 2 years under con.. 7 years credit lock..
Outlay ard 200k.. fd rates 4%.. yearly 8k..
5 years 8k x 5 = 40k..

matematik bang...
bearbearwong
post Jun 25 2016, 04:28 PM

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Wahhh SEH 2 launching... wor.. but same ppl from SEH 1 wor..so ngam

Hnm...gooding in launching..
bearbearwong
post Jun 27 2016, 01:02 AM

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Lenggeng wor... ada hati nak jualan kuat.. the existing ones also dunno sticker game or otherwise..

Bad bad market for farfar location...

why same group of SEH 1 in SEH 2.. not buying at all... wat repeated buyers..

oni ah kang buying according but..haizz
bearbearwong
post Jun 27 2016, 10:02 AM

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QUOTE(daniel125 @ Jun 27 2016, 09:05 AM)
Lol what are you talking about. Cant get it at all. Can you use some understandable language? sweat.gif
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hie join May2016... I am sure u dont know what we talking...

basically... 90% of the active dudes here in SEH 2 are SEH 1 purchasers/investors... u get the picture?

sales agent? home owners? investors?
bearbearwong
post Jun 27 2016, 11:34 AM

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QUOTE(daniel125 @ Jun 27 2016, 11:19 AM)
Oh i see. The people active at LYN only represents a small portion among all the buyers. Btw LYN is for us to blow water only ma. Cheers! biggrin.gif
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ani macam ah.... LYN also famous with dupes too... anyway.. SEH 2 only ownstay... flip.. forget a bout it... SEH 1 pricing almost there.. semenyih parklands too... and MKH kajang east.. stiff competition...

this sumore Lenggeng ... i heard you can actually see tigers you know...
bearbearwong
post Jun 27 2016, 11:46 AM

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QUOTE(mthc @ Jun 27 2016, 11:27 AM)
Come down to earth. It's not two sides of the globe. It's western KV vs southern KV.
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QUOTE(BEANCOUNTER @ Jun 27 2016, 11:32 AM)
you think a true home buyer will sit in the house and think

'hmmm....should I stay in setia alam aka klang north or
semenyik aka Seremban west?' biggrin.gif
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all these are gimmicks.. trying to tell potential buyers AGAIN semenyih got hope.... the pricing so daring 4xxk sumore.. ada hati nak built and sell..

still want to lure young buyers to believin their concept... haizzz...

developers will launch in Ijok too.. also there will be township one
bearbearwong
post Jun 27 2016, 11:51 AM

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QUOTE(BEANCOUNTER @ Jun 27 2016, 11:49 AM)
ijok, puncak alam, eco garden.......

another round of BBB.....so close to Elmina and kwasa...... biggrin.gif
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u go buy.. sure gooding one...
bearbearwong
post Jun 27 2016, 12:14 PM

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QUOTE(aaron1717 @ Jun 27 2016, 11:58 AM)
lol... why do you feel really will many flippers going around now... haha.... anyhow... if they wanna flip.... wouldn't it be best for you to just watch them fail or succeed haha.... anyhow... now definitely not flipper market.... but we wont know how it will be once it completed this SEH 2....
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feel? lol... go to SEH 1 and see d number of units posting for sale... that itself is self explanatory

secondly... go to SEH 1 threads... it is d similar dudes starting with samkps and his investors groups... like one ppl 3 units...(claimed ownstay) same face in SEH 2 (confirm no one buying )

they fail ( within expectation) but to lure potential buyers (newbies) big nono... nvm wait SEH 2 complete first only buy.. price cant go far one...

inb4 bro Lenggeng... u tau ke kat mana? some say can see tigers and natives one... trust me

lenggeng to me is like some place in Kuantan... zzz

This post has been edited by bearbearwong: Jun 27 2016, 12:14 PM
bearbearwong
post Jun 27 2016, 12:55 PM

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QUOTE(aaron1717 @ Jun 27 2016, 12:41 PM)
haha yea... i know wheres lenggeng... to compare against kuantan seems harsh there haha.... anyhow is... u already mentioned... they are the investors... theres nothing much u can do if someone decided to join the gang right... and landed... its not a flipper property.... its a holding investment required significant years to appreciate....
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kuantan to me is more developed..

well no one can stop them... but awareness to coming buyers.. I think no need... nowadays ppl see, heard semenyih... = far/ulu/ pricey/ investors..

bearbearwong
post Jun 27 2016, 12:56 PM

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QUOTE(Rabel @ Jun 27 2016, 12:55 PM)
Bear bear God is back
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yup back in SEH 2 ( prolouge) SEH 1 also like dat di.. SEH 2 got money also wont buy lor u guys
bearbearwong
post Jun 27 2016, 01:06 PM

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QUOTE(mthc @ Jun 27 2016, 01:02 PM)
Or "Should I live in shah alam or semenyih" where both places require me to take an hour to reach klcc during peak hour.
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to be frank.. semenyih... ownstay can one... but tainted by the investors groups.. causing massive jack up in prices... crazy prices...

Aaron: Setia alam is klang lar... not shah alam....

ownstay requires more facilities, amenities and etc... eateries... setia alam is overated... only few parts in setia alam is workable... not the whole
bearbearwong
post Jun 27 2016, 02:08 PM

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QUOTE(Rabel @ Jun 27 2016, 01:09 PM)
Goodview is the best for everything  biggrin.gif  biggrin.gif
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QUOTE(mthc @ Jun 27 2016, 01:10 PM)
Where got massive jack up? Conservatively 15% over the years upon launching. Pretty much in tandem or slightly higher than the inflation rate pa. And yes you are right about setia alam being an extremely over rated place to live in.
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this area cannot command 15% increase in tandem... and it is illogical

400k , yearly increase 15% = 60k? er year

if 5 years = 60k x 5 = 300k for 5 years
if 10 years = 60k x 10 = 600k for 10 years

plus the base price 400k,

5 years later 700k
10 years later 1 million

you buy more lor if this is the truth... there is a point where prop stop increase in price... everywhere also same... SEH 1 fever has gone... demands halted...

SEH 2 wanna come in and tapao SEH 1 with better package... developers where got care one... they want money only ... less prudent investors belives they will go up and up and up ...when in fact seh 2 launching same price like SEH 1.. lol
bearbearwong
post Jun 27 2016, 02:25 PM

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QUOTE(mthc @ Jun 27 2016, 02:11 PM)
Bbw.. 15% over the years la. Pls read properly. Means 15% to date since launch.

15% / 4 % = 3.75% a year which is slightly above inflation rate.
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oh... 3.75% .. FD interest rates ard 4.5% leh bro...

one is risky.. one is confirm.. property cannot be so low... mthc now panai pusing pusing di..

inflation not ard 4 plus meh? lol

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