For those who's interested
RM0. (SA) Launching of NEW 2-STOREY TERRACE HOUSE in P17, Setia Alam North on 27/08/16, 8am @ 1st come, 1st served. Bring RM10k cheque payable to "Bandar Setia Alam S/B" for booking. Info 0333432255

Actually turning into Setia Alam, Percinct 11 and 17... u will see the cemetery from distant. Initially i did not really bother it or notice it ....... BUT during Ching Ming (Chinese Praying to Ancestor). U WILL NEVER MISS IT....... (Twice a year)

Developer can claim money from bank and save interest on its working capital when complete this project earlier. Housebuyers like us are disadvantage in this situation bcoz the S&P price already factored in the developer's financing cost. 2ndly, our bank interest rate is mostly likely heading lower as BNM cutting interest rate in view of weakening economic condition now. 

I see this 1090 scheme is not actually attractive; the S&P price is much higher compare to earlier phases.

Any opinion???

DIBS is developer pay interest to bank on behalf. But this 10 90 scheme is developer never bill any amount for progressive stage, once completed only bill total amount to bank. Thus, no interest since bank never release any amount before completion.

However, this require developer to have very strong cash flow. SP Setia so kaya, so no problem.

Edulis launched in Mar16 together with Retusa the semi-D cluster. Someone cancel the unit so I managed to grab it. Due to this 10 90 scheme the developer has to complete the house fast so that to get money from bank fast. So potentially the quality of the house may be compromised.

Hi all. Does anyone know about Panicum and Cyperus series.. Will it be a 3 storey terrace like Erythrina series or 2 storey terrace?

903k.

The reason not buying subsale:
1) The wetland proximity and the unit is facing small lake. If not facing small lake then i will not go ahead. My 1st choice is Montena but out of my budget a bit.
2) Big discount offered by SPS.
3) 10 90 scheme. There is no interest payment during construction period.
4) all subsale units are 2.5 storey instead of 3 storey like this Edulis. Hence bigger built up but slightly more expensive.

Are you sure subsale unit is cheaper? It should be more expensive. Caffra and Crista all asking subsale price for 900k~1mil.

Yala, discount up to 40-60k

Selling price rebate 2% + rebate 2% upon sign SPA within 6 months.If you have introducer rebate lagi 2% based on balance amount after deduct initial 4%.

Yes Kswong77, that's the attractive discount as explained by Mikolilin. You can get certain amount from introducer 2% on top of this net price after discount (2%+2%). 

I think house with price tag beyond 800k will be very hard to sell in this economy bad time.

I think SP launch all properties recently with all discounts and so on due to bad properties market. I believe Caffra was launched one and half year ago and properties market was not that bad therefore no discounts and 10 90 scheme. But now most of the new launches started from early this year comes good discounts and 10 90 scheme.

Probably the price for later launch could remain same with current launch which is really usual. Even the subsale units are selling at the same price with new launch. You can imagine the properties market is really soft than ever.

Actually if u guys work out the net price after all the discounts & potential saving in interest that comes with the BTS scheme, so far the final psf prices in P11 & P17 are still about the same, circa 320-330 psf.

Mostly cementary smell

Wooo....that's a lot people.. Anyway, I read the flyer just now. The selling price is at RM170k which is really dirt cheap. Flat located at PJ from government also cannot get this price.

I think psf prices haven't move much since Caffra reflects the reality of current market sentiment & SPS is being practical by pricing according to market expectations.

SA not suitable for short term investment liao....

Hopefully there will be lesser investors in this living estate so that fill up the vacant areas as soon as possible. It is sad to see so many houses with panel hanging for sale.

According to one friend who own a unit that many of buyers buying for own stay. I came in to the Caffra 2nd row and not many panels. Only front row has more panels. But it is much lesser if compare with the last phase of Impian 7. Almost 80% of each row with panels.

If increase price too much, later cannot sell how?

I think in order for prices in SA to appreciate faster, 2 important factors shall come into play:
Marco: Broader economy to improve, ppl have more disposable income & more confident to spend.
Micro: SA needs to achieve higher commercial vibrancy, become a place where many ppl would choose to work, study & hangout.

just curious, how was the bidding? any idea?