Comparing buying from Developer vs Ready completed with basic Reno.

Basic Reno + 10%
Discount. (3%) being conservative. SDP is giving 4-5% on average.
Valuation report (3%) Required for ready made house
Progressive interest approx. + 1%
Believe loan agreement, MOT, SPA have no major difference.

Net difference to buyer is about 5%.

Other consideration. - headache getting rectification on defect.

Biggest variable is the market price appreciation for ready completed house. Can be 5-20% I think.

Does this make any sense or have I miss something out?

Definitely will as its under mbsa 100% consent is 2 strict n almost impossible 2 achieve. So fencing nt allowed unless change 2 strata title. W/o fencing d security will b compromised

setia alam better location buy or elmina area?

elmina vs setia alam, which is superior? pricing both r quite similar?

That MRT in elmina also how many years down the road? 15-20 years? Now MRT 3 line also not confirmed yet and that also will be completed in 10 years' time.

Sime Darby's problem is they make no effort in building mall. They hope only to sell the land for people interested to open mall there.

Melawati is sdp township ma. Which mall sdp build in mrt2 kepong direction?

Far, further, furthest...

to me, it is not....to others, it could be the reason...anyway, Elmina is one of the best township for stay or for investment

Eg starting price 690k? Net mayb ard 670k? I thnk sales will nt move fast as there r alternative much cheaper dsls.

not really? im not sure what do u mean by not really and how u determine the term of "investment".

friend of mine sold its EV2A unit recently from original 645K to 700K before the unit even completed. easily gross profit for 2 years is 55K and the net is around RM100K for 2 years. For someone like my friend, is more than happy to get the return even before the unit completed, and once completed, can transfer the name immediately.

If the net profit around RM100K within 2 years and even before the unit is completed consider as not a good investment, may b im wrong to classify Elmina as a good investment

Hi all taikors, from your previous posts, seem not much recommend Elmina Green as it is further from the other developments within the township? What are your thoughts of having a rumah selangorku within the area (no offense)? Am considering this development as marketed price is 680k+, however downside is that it might take long time for the area to be developed (shops, malls, schools), and travelling distance etc. Lake looks good too, but heard it will be maintained by MPSA, hows their track record?!

Wondering how the population from this low density landed houses in this area can support the operation costs of such LRT/MRT project ?

western corridor go stronger now...

I wud say now more investors than own stayers since elmina is new

Not major, all minor only, first time have around 76 defect , 2nd around 10 defect, 3rd and 4th less than 5 defect.
2nd, 3rd and 4th all is redo first time defect.

Each time we submit they have to take 2-3 month to complete. After check they missed some defect.

Here do a bit there do a bit of course need 1 year loh. Unless you paid for your own contractor.

SDP do defect really super slow and main contractor always find excuse.

Sorry to said that but their after sales service need a lot improvement.

haha..and i thought there is an oversupply of properties and alot cant afford to own a house.. All these million dollar houses get snap first week of launch..

Agree, Elmina still very far away, if you work in KL. Location nearer to central of gravity will be always much more expansive. RM850k in city center with 2 BR is good price no?

Anyone here currently staying in property that developed by Sime Darby? As I am going to buy a unit in Elmina Valley, but my friend told me that a lot of property developed by having cracked in the wall after only a few years. And I did go to see some house in denai alam and did find out the same issue which those house only completed few years ago. So is this a nom for all property developed by sime darby or just a special case?

I wonder why ppl would like to get elmina instead of places like eco setia alam or other township?

If compare products with eco world.. sime darby looks abit "cincai" in what they are delivering.