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Investment SETIA ECOHILL (VERSION 13) [Owner's Thread], An Inspiring Eco Township in Semenyih

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doomdoom
post May 13 2015, 04:57 PM

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QUOTE(robert82 @ May 13 2015, 04:52 PM)
some condo, don't rmb which project d.
wah doom u wanna chap sei kai?

just wait SEH la. I bet u will have a lot sei kai one  brows.gif
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oic , condo o....well this depends...some properties are hot at subsale some are not doing well..

maybe your friend punya condo lousy location lousy condo lousy management lousy reputation...
doomdoom
post May 13 2015, 05:00 PM

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QUOTE(robert82 @ May 13 2015, 04:52 PM)
some condo, don't rmb which project d.
wah doom u wanna chap sei kai?

just wait SEH la. I bet u will have a lot sei kai one  brows.gif
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hehe, no worry la..i see lots of sour grape punya ppl come here to comment subsales will be bad and hopefully the subsale price can be lower down with the bad comments...if really not intertested, will still bother come to continuosly say the bad things... biggrin.gif
doomdoom
post May 13 2015, 05:40 PM

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QUOTE(robert82 @ May 13 2015, 05:36 PM)
good point.
but still.. with the choices, it is buyer market now, plenty of choices.
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you mention the subsale if more than 500k hardly to make it for ecohill..


so please share what subsale landed properties with similar land size/built up/concept/accessibility and below 500k?

doomdoom
post May 13 2015, 07:37 PM

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QUOTE(robert82 @ May 13 2015, 06:38 PM)
flippers has to flip, they don't have holding power.
when all this unit comes out for auction or fire sales, just be ready to chap sei kai.
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So what is the price that u will buy in for u so call Sei kai?


doomdoom
post May 14 2015, 08:59 AM

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QUOTE(dreamer2020 @ May 14 2015, 08:19 AM)
1998 & 2008 market crash also nobody sell below original price
wonder who able to chap sei kai within tis 20yrs
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Let's wait Robert82 to chap Sei kai since he is so confident on this...lol
doomdoom
post May 14 2015, 10:01 AM

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QUOTE(gtfan @ May 14 2015, 09:01 AM)
Don't forget internal staff get staff discount. Even if they sell at s&p price, this flippers would have gain some profit.

Like Robert says, all those group buy internals will try to sell within the first 6 months. If after 6 mths still no takers, they may even drop to almost s&p price.

One of my colleague actually sold at s&p price for her corner house at Kota Kemuning after holding for 5 years before the market picks up in 2010.

If this is in 2013, flippers can still make a handsome profit but looking at the current situation, tightening credits and escalating property price, unless you are in for 10% to 20% profit, it will be tough till all the flippers have unloaded their properties.

Correct me if I am wrong, phase 1 should have about 400 (or is it 700) houses VP by this next quarter, and I presume 30% are flippers, so you can imagine 120 houses will be up for sale. It may take a while for the market to absord the supply. No thanks to other competition and surrounding areas of going to VP or already VP.

If you look at setia alam, subsale price was pretty slow for the first 5 years. It is only now that there's a demand for SA due to its maturity. One of my colleague just paid subsale rm850k for a ds 22x75 at SA few month back and the owner paid abt rm400k when he bought from the developer.

Well, let hope there is less bank lelong sticker else Bear Bear Wong will come here and says "See I told you!!!"

By the way, the superlink which is going to be launched soon is gateless. Guess this will be good for those buyer who prefer big buildup without the hassle of maintaining a garden as compared to cluster or semi d. The security checkpoint will be before the lekas bridge connecting to this grandlis. It's the same checkpoint where it's shared with the link semi d and semi d.

Only fear is....if the bridge collapse, the owners all hailat tongue.gif. Stuck in a no man land.
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we all know that landed game is long term game, at least 3 years after vp, and normally need to hold >5 years to get handsome profit.....

if want flip, with low entry price for phase 1 at about 4xxk for 20x65, <530k will still doable, but after minus out RPGT and the lawyer fee, the profit might only >50k and less than 100k...but it enough to make the flipper feel happy already...anyway if want gain more than 100k profit, need to hold at least 3-5 years...

direct link to lekas is definitely a booster, i heard from sales agent there are already interested buyers ask about setia ecohill subsale and they eventually brought by agent went to the site to view the unit already, but most of the potential buyers budget should below below 550k...

doomdoom
post May 14 2015, 01:39 PM

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QUOTE(robert82 @ May 14 2015, 01:29 PM)
As I said, there would be people who hated me for that, but that’s my honest view on this.
I would love Ecohill houses to go up to millions, but realistically that would only happen in years ahead.

Flippers? Prepare to die.
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If you're talking about the fliiper, i think the flipper at SEH still in low risk, anyhow the purchase price for phase 1 DSL is below 500k majority, the installment is below 2k or slightly above 2k.

those flippers who bought the new condo that easily cost more than 600k above with installment more tahn 3k plus maintenance fee close to 4k will die faster... whistling.gif
doomdoom
post May 14 2015, 02:33 PM

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QUOTE(robert82 @ May 14 2015, 02:23 PM)
Btw, on different thing.
Someone was saying superlink’s water meter and rubbish bin is being placed facing porch rather than main road. I think this should be confirmed. If you check P2 photos, apparently they are being placed that way.
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I think superlink is gateless, so able to place the water meter and rubbish bini face facing porch,

TNB ppl and rubbish picker not need ask owner to open the gate already cna read meter and collect rubbish
doomdoom
post May 14 2015, 03:02 PM

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QUOTE(robert82 @ May 14 2015, 02:52 PM)
lol kam sia
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so which type of SEH that you bought?
doomdoom
post May 14 2015, 03:44 PM

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QUOTE(robert82 @ May 14 2015, 03:40 PM)
i small ciku only.
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really small ciku?

from the way you comments, sound like big shot leh, with tonne of cash pending to chap sei kei... biggrin.gif
doomdoom
post May 14 2015, 05:21 PM

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QUOTE(vincentSEH83 @ May 14 2015, 05:17 PM)
Robert gor..at this moment..no member request wor..can submit ur request now?
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should we restrict this fb to owners only? admin might to ask the requestor the type of house and the unit# that purchased at SEH...
doomdoom
post May 16 2015, 03:57 PM

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QUOTE(Rabel @ May 16 2015, 03:46 PM)
Lu macam ini post Nanti Ada orang  tak Ada shiok lor  laugh.gif
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Aiyo, semenyih subsale break 600k above already. So mean there are PPL willing to pay this amount to own semenyih property as long as its good property,so all this while semeenyih subsale trans below 500k mainly due to poor product by not so good developer with lousy concept.

This post has been edited by doomdoom: May 16 2015, 03:58 PM
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post May 16 2015, 09:07 PM

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QUOTE(samkps @ May 16 2015, 07:59 PM)
If insist want to become jellyfish then just let it be loh..  tongue.gif  tongue.gif
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jealous semenyih price also shoot up more than 600k?

siapa tak syok? bear bear? HELLOHELLO92? tongue.gif
doomdoom
post May 16 2015, 10:38 PM

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QUOTE(samkps @ May 16 2015, 10:27 PM)
Bear-bear already kecut and seldom come to comment in Lyn anymore... After more than one year of BS, property still not crash yet...  tongue.gif  tongue.gif

hello joker not sure, perhaps permanently banned by the MOD due to trolling in Lyn...  tongue.gif  tongue.gif
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bear bear wobg keep saying semenyih subsale can't make it more than 600k for DSL, said what ttdi grove there still lots of subsale and the subsale price will drop, luckily now got the edge property website can show the actual tranc value and it prove that semeyih subsale DSL really can make it more than 600k....hellohello 92, not even want to talk about this lalat, just purely jealous those seh buyers only, and those who wait to price drop to Sei kai price, slow slow wait...
doomdoom
post May 17 2015, 01:35 PM

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QUOTE(robert82 @ May 17 2015, 01:06 PM)
No need to be so sour grapes.
I said I wanna chap sei kai to the flippers only. Why so offended?
Slow slow wait or not, I will indeed wait and chap when these flippers die.

Like I said before, for ownstay it is indeed great place, no worries at all.
For flippers, prepare to die if market take a downturn.
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Sour grape? where got? until u really chap the Sei kai then remember show off here then maybe we will sour grape...lol
doomdoom
post May 17 2015, 01:52 PM

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QUOTE(robert82 @ May 17 2015, 01:47 PM)
lol butthurt?
Go read back all comments, i wasn't shooting you (if you are flippers)
There's one flippers who came and ask for price out of nowhere, with so obvious intention to flip.

But unfortunately you butthurt.

Show off or not, no need worry.

Just like I mentioned before, like it or not,  the market now is not suitable for flippers. It is buyers market. Flip at your own peril and if shit happens, many will clap hand for your greediness.
Can’t accept honest yet negative comment then can ignore me.
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Opps, sounds so sour grape..lol
doomdoom
post May 17 2015, 01:55 PM

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QUOTE(robert82 @ May 17 2015, 01:53 PM)
ops, worried cannot flip and no buyer upon VP? no money to pay?
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Opps, worry subsale price keep increasing and not afford to buy so saying some negative things and hope can bring down the price....LOL..
doomdoom
post May 17 2015, 02:13 PM

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QUOTE(robert82 @ May 17 2015, 02:00 PM)
btw, you know sour grape means someone pretends to despise because he/she cannot possess something?

I already have one in SEH tongue.gif

I don't have to say something negative to bring down the price.
I have all interest to see it goes up till skyhigh so I can earn on paper.

But, in all honesty this market is slowing down.
Many will take a hit, and those with intention to flip, will burn.

Choices wise, there is so many out there, with the supply incoming.
Pricing wise, one can easily choose property in better location (minus concept) with almost similar pricing with the demanded price in subsales now.
Of course, if you need the concept and greenery, very few can provide.

If you cannot accept such honest view, which thinks it is downturn / slowdown for first few years, before booming.
And for flippers to die if their intention is to flip upon VP with no holding power, then I think you are indeed delusional.

Don't have to worry of me not having one and wanted to bring down price.
I have one and I am moving in.

Just that I despise flippers cause they deny a lot ppl housing.
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Ur point is waiting for fliiper chap Sei kai price, and my point is slow slow wait...so u wan PPL accept ur so call honest negative opinion but u uself cannnot accept other PPL honest negative opinion..LOL...my words still same for u, slow slow wait for ur Sei kai price...LOL...dun like it can just ignore it...
doomdoom
post May 17 2015, 03:16 PM

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QUOTE(samkps @ May 17 2015, 03:03 PM)
Actually, perhaps we can try to analyze the sales condition of phase 1 units..

Almost all the phase 1 units (DSL, Cluster, SemiD) doesn't have discount on downpayment, purchasers need to pay at least RM 40k as the downpayment. If an investor can have 40k to pay the downpayment, logically I think he/she will have capability to hold and would not fire sale the property straight after VP.

There are some phase 1 buyers given some discount as well, as a compensation for non-DIBS scheme. The rate is not high, merely 3%, and majority of these units are more expensive in nature. This means they are paying close to RM 40k to lock the unit as well, hence I personally would believe they have holding power too.

At least 2/3 of the units are sold to these kind of purchasers, which I think they should have holding power and won't have fire sales.

Now the remaining 1/3 is sold to staffs and associates... I am not sure about the exact ratio staff to associate, but i think it is reasonable to assume a figure 50:50...

Associates only being given 2% discount (if not mistaken), means they would need to put in at least close to RM 40k for the units as well, hence generally I think they would have the holding capability too..

The remaining 50% of the 1/3 (or ~ 15% as a whole) would be staffs they able to get the high discount (5 - 10%). This is the group I presume would have the highest risk to have fire sales and perhaps the so called "sei gei" would arise. Nevertheless, they are staffs, means they are working in SP Setia, could it be so desperate for them to fire sales the unit till the SPA price? These group of people I foresee will be hunting the units with lowest entry cost (due to their low financial background) which only able to earn about 40k - 50k gross, even they have been given with 10% discount. Would they be so desperate? Let's wait and see..   hmm.gif

As a conclusion, for Setia Ecohill phase 1 units, to have the "sei gei" units for sure is possible, but the amount would be small and I personally believe it would be very unlikely to occur as well. Therefore, if you really can get a "sei gai" unit during the VP, I would need to congratulate you, coz I strongly believe you must go through a "very strong competition" to get this "sei gai" units...  tongue.gif  tongue.gif

Nothing is impossible though, let's wait and see. No need to wait long, the coming 6 months will reveal the actual scenario... laugh.gif  laugh.gif
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Talk about Sei gai units, why not aim for the other projects in semenyih, tiara east also VP for sometimes, got Sei gai units at subsale sold at developer price or not? also ttdi grove and kajang 2 area, all developer price also at about 400k plus back then, now VP already, got Sei gai units or not?

someone show the tiara east subsale at more than 600k already, let me show the ttdi grove subsale...also more than 600k, any Sei gai units or not trans at below 500k?...obviously no....

So maybe it could only happen at SEH got Sei gai units? Haha. Let's slow slow wait la...

This post has been edited by doomdoom: May 17 2015, 03:18 PM


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doomdoom
post May 17 2015, 04:38 PM

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I always belive in data ,in this case real transc data, subdale sales price drop and Sei gai price is not new talk, happend every time on every new projects, hear about the same thing on ttdi kajang, kajang 2 and nadayu kajang, ken rimba, setia alam, Sungai long...but I don't see any subsale price sold at developer price or below developer price, if you got, do share it, maybe can use it as a alarm for seh, or just selectively think that seh got Sei gai, and other projects no? why can't talk baout other nearby projects got Sei gai price or not? Nearby real subsale is a good indicator whether got any Sei gai price or not for seh....

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