agree. and it is under HDA.

Very true, stated clearly in the guideline.. (page 4, item 7)

http://www.customs.gov.my/en/pg/pg_ig/Prop...c%202014%29.pdf


Conflict is on SOHO unit... But with recent development, unlikely SOHO shall be imposed GST too.

http://www.therakyatpost.com/news/2015/11/...mption-on-soho/

http://www.themalaysianinsider.com/malaysi...exempt-from-gst

This post has been edited by samkps: Nov 18 2015, 12:07 AM

More controversial one shall be SOHO which can be subject to GST but can also be treated as exempt supply if certain conditions met.

"Pritam said the decision was only confined to this project and could not be used as precedent for other cases.

General rules (to be fulfilled fully) for SOHO to be put under the list of exempt supply:


Sorry for diverting the topic

This post has been edited by Jasoncat: Nov 18 2015, 12:17 AM

Perhaps we will see more "tribunal cases" about SOHO in future...

So familiar de, u attended the Dato Pretam's GST Speech back in 11/8/2015?

Haha, it was the PRISM last weekend.

The indicative price is correct but an average gross price bfore they firm up the discount.

Service apartment governed by HDA is not subjected to GST. Follow the DO specifications, not solely on land title.

I see. Sorry for noob question, what do u mean by DO specifications, btw.

No prob.

Its Development Order where the authority approval of what buildings, floors, total units, size, car parks on above the piece of said land and what conditions the developer needs to comply such as accessibility, etc and then Building Plan.

Service apartment is built on a piece of commercial land, but its governed and protected by HDA.

Thanks, bro.

boss knowing the existing demographics (eco rich n alam mid n mid low) n poor performance of both setia city mal n setia alan commercial area, i think this wont be as good as some wld think.. cld d tenants possibly be tenby school kids family or do many of d expats n students live elsewhere n travel.. i think u r a tenby expert

1040 uits over 5.77 acres is gigh density to me.. shld be below 550psf to reflect the xtra profit frm higher dense development.

If its 550psf i say BBB!

Boss , so why service apt ? Purely due to a condo built on commercial land ?

Received SMS, launching this Saturday, 21.11.2015 at 8.00am at Setia Alam Welcome Centre

Bring along 10k cheque to book your units...

Additional info for SA serviced apartment......

1. Starts from $631 psf before discount.
2. Rebate package for existing purchaser: 4% + 4%(LCR)
3. Rebate package for new purchaser: 4% + 2% + 2%(introducer rebate)
4. Maintenance fee & sinking fund: $0.35 psf
5. Available unit build up: 858, 985, 1045 & 1221 sqft.
6. Car park: 1 for smallest unit, 2 for others
7. GST not applicable due to under HDA residential.
8. Utilities charges: Based on commercial rate.

For those interested, please prepare $10k cheque to book your unit at SAWC, at 8.00 am tomorrow morning. Please go earlier to ensure you get the preferred unit.

maintenance fee RM0.35 psf seem a bit high...

agree

unless it is super low density with superb facilities...

Hehehe...... unfortunately it is not a low density dev. Personally, i feel it is over priced too.

smallest unit around 500k will do well tomorrow.. absolute lowest entry in setia alam resi units n condo facility with direct link to setia mall..

good fr ownstay if want lifestyle