Vacant = unoccupied. R u sure is 90% vacant?

not enough population density / not enough foot fall, or more simply, very very few people stay there...

I think he mean 90% occupation rate. Corporate HQ office such as Top Glove, Kossan, Khind, Brick dotcom, Audi etc are already in the pipeline. Education such as The Penisular School @ Edu City, Medical Centre etc actually are are in the plan. Not to hurry as now economy are bad. We are not welcome factory to the area, do we?

This part of world still lack of population, residential units have to be strong enough to support the business. Not to forget we also have Eco Ardence business hub, be patient.

This post has been edited by kelchai: Dec 21 2016, 11:41 AM

To add-on, we will also have Sime Darby BBR Garden City business hub in the near future. The potential is there, just be patient.

obviously you are not vested in north Setia Alam. pay interest to the bank every month but no tenant is extremely painful.

i presume you are from EcoWorld. i asked when will the business / commercial hub be ready ? no answer from your sales people. maybe you can advice?

sell more houses but no business / factory in Setia Alam.... then only more traffic jam at NKVE ....

Are u lack of holding power? why invest in property at the first place if you have no holding power?

so initially you vested based on? the hearsay rumours shared by the SA? someone else asked you to invest first?

Your purpose is to make profit when you sell EcoWorld properties.

My complain is that the development needs to be integrated with jobs and facilities. There is a lack of job now which hopefully 1n1h will provide. Facilities wise, Setia City Mall is sufficient.

Whether i have holding power or not is NONE of your business. it just shows that EcoWorld / SP Setia is not fully responsible as a developer.

Go to north Setia Alam and look by yourself. Build so many thousand units of apartments, hundreds of shops - all empty.

When your Tan Sri Liew (wearing the old hat of SP) was promoting the Setia Commercial Centre 5 years, full of office blocks. Now, only 2 - top glove and SP.

Its easy for you to tai-chi to and push the blame on the individual buyer got no holding power, but you are saying that the developer has no responsibility ?

Oh, sorry, you only make comm when you sell... so who cares... is that your attitude ?

I am not sure why you are so desperate here, probably you didn't do your own homework before vested into Setia Alam North. If you are aware of this, why are u still invested here? are you digging your own grave?

The medium/low cost Apartment is part of compulsory social welfare under state/federal rules to be build based on quota (no developer in this world would build this if given a choice), apparently you are not really understand property development.

This post has been edited by kelchai: Dec 21 2016, 12:03 PM

woah bro... u are getting to aggressive... he is not EW SA i presume... and you should know all this when u vested... it wont happen overnight... any new township development... job opportunities require a very long time span to develop.... residential and commercials always go gung ho first... before the job opportunities development start coming in... and talking about job... klang meru also a job opportunity hub with all the factories there... which less than 10 mins away from SA...

and anything mentioned by any developer... EW, SPS or even SDB... discount half la of what its going to be...

I think i should change my profile photo to Ah Jib..

yeala... your EW logo misguided many ppl... very tiring to explain yourself if i am you... hahaha....

so you agree that developers exaggerate when they do their presentation / marketing pitch ?

My unhappiness lies with the way the overall project was developed - nothing to do with desperation or homework. Stick to the topic.

What is the point of building medium low cost when nobody occupies it ?

i think that they over-focused on apartments, and did not focus enough on the commercial side. Need to bring in more Corporate HQ and industries.

STICK to the POINT.

Setia Alam needs more businesses / corporate HQ / factories. At present, there is a surplus of apartments.

Please do NOT relate it to my own situation which you know nothing about.

how u know it is not occupied?u live at there?just u drive there have a sneak peek then u confirm there are less population?

This post has been edited by jrshow: Dec 21 2016, 01:19 PM

I think you still not clear of what you are investing. Developers are required to allocate between 10 to 20 percent of their construction to build affordable apartments, it is State development policy, all developers have to follow, not only SP Setia.

Commercial lands in Setia City now belongs to other corporate/developer since land was sold to them, i.e Kossan, Khind. SP Setia cannot point a gun to their head to ask them build their corporate tower right away, this is business.

Business doesn't come when there is no demand.

you obviously have an agenda....i've stated that lets discuss about the overall development, and nothing about me. Your first sentence starts with 'I think you still".

I reiterate: the development of the apartment should be concurrent with the industrial and commercial side. A profit maximising company will throw that to the wind and let the investors / owners suffer as in the case of Bandar Setia Alam now.

i guess you have not been to Pangsapuri Jati / Baiduri.....go look by yourself....or are you a shill [SIZE=7]for the developer who must talk up the market

@billyboy so...what do you expect kelchai to do about it? The fella is just answering your points as far as I can see.

Being a shill would be nice though, like a dream job. I would be so amused if there were chinaman developers who were willing to pay people just to make posts on the internet.

bro... i always agree any developer also will exaggerate when they did their presentation... the marketing staff included... we have to be realistic what they can really achieve in lets say 5-10 years time... even for place like CJ also need 10 years before they are completed with job opportunities... and thats also with the support of government.... but not setia alam....