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 Setia Alam V2, Township project in Shah Alam

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BEANCOUNTER
post Oct 11 2019, 12:48 PM

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QUOTE(edtai @ Oct 10 2019, 09:00 PM)
It is considered quite place to stay. Bad for investment these days.
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if its good for own stay it should be good for investment.

bcos if its that good for living, why wouldn't rentee rent the place for ownstay? or subsale buyers buy for ownstay?

you guys should stop staying 'I bought a rubbish property that no good for ownstay and investment therefore just keep for own use and claimed its bestest for ownstay'.
edtai
post Oct 11 2019, 04:14 PM

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QUOTE(BEANCOUNTER @ Oct 11 2019, 12:48 PM)
if its good for own stay it should be good for investment.

bcos if its that good for living, why wouldn't rentee rent the place for ownstay? or subsale buyers buy for ownstay?

you guys should stop staying 'I bought a rubbish property that no good for ownstay and investment therefore just keep for own use and claimed its bestest for ownstay'.
*
The problem in this area still booming with all next development from few developers. Subsale is basically very slow. Imagine the piece of land besides Giant will have massive development soon. SP Setia just launched one project there. For long long term investment may be yes..Short term investment is just no as all my agents shared with me when I sell my another house few months ago.
lionking7791
post Oct 11 2019, 04:37 PM

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Traffic jam is one of the issue in setia alam now especially during peak hours.
edtai
post Oct 11 2019, 08:03 PM

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QUOTE(lionking7791 @ Oct 11 2019, 04:37 PM)
Traffic jam is one of the issue in setia alam now especially during peak hours.
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Before the launch of P17 and P11, SP Setia advertised massively the alternative road to DASH highway from Setia Alam North. However, P11 houses received very good responses and almost sold off.... But the connection road to DASH highway unfortunately has stopped when half way construction. I think the construction condition is now unknown if it still can be continued or just abandoned like that.

It is about the same tactic that SP Setia used during very early stage of development of this SA area. SP Setia advertised that the LRT station will be built near the commercial area of SA. Unfortunately until today, the LRT station just disappear from the radar.

All these non-sense promises cannot be delivered at the end of the day and end up massive traffic jam in NKVE today as people from SA really relying on this NKVE. of course Federal Highway is another alternative road but I think the traffic condition is even worst than NKVE most of the time. The resident here really need alternative roads and public transportation for going to Petaling Jaya and Kuala Lumpur.
sean.dm
post Oct 12 2019, 10:37 AM

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hi all,

anyone want to buy SP Setia property can use me as their referral. We can share the referral fees.

PM me if you're interested =)
Davidkhoo17
post Oct 12 2019, 10:45 AM

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QUOTE(edtai @ Oct 11 2019, 08:03 PM)
Before the launch of P17 and P11, SP Setia advertised massively the alternative road to DASH highway from Setia Alam North. However, P11 houses received very good responses and almost sold off.... But the connection road to DASH highway unfortunately has stopped when half way construction. I think the construction condition is now unknown if it still can be continued or just abandoned like that.

It is about the same tactic that SP Setia used during very early stage of development of this SA area. SP Setia advertised that the LRT station will be built near the commercial area of SA. Unfortunately until today, the LRT station just disappear from the radar.

All these non-sense promises cannot be delivered at the end of the day and end up massive traffic jam in NKVE today as people from SA really relying on this NKVE. of course Federal Highway is another alternative road but I think the traffic condition is even worst than NKVE most of the time. The resident here really need alternative roads and public transportation for going to Petaling Jaya and Kuala Lumpur.
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Yup, suddenly no news on the link to DASH passing by Alam Budiman.

I think the LRT route got re-aligned after the government reviewed the plan to reduce cost. I remember Edusentral advertised a "proposed" LRT station along Persiaran Setia Perdana, just adjacent to their project.

I hope WCE (when it completes) can help divert some of the traffic, especially those who commute to the southern region.
lionking7791
post Oct 12 2019, 11:58 AM

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QUOTE(Davidkhoo17 @ Oct 12 2019, 10:45 AM)
Yup, suddenly no news on the link to DASH passing by Alam Budiman.

I think the LRT route got re-aligned after the government reviewed the plan to reduce cost. I remember Edusentral advertised a "proposed" LRT station along Persiaran Setia Perdana, just adjacent to their project.

I hope WCE (when it completes) can help divert some of the traffic, especially those who commute to the southern region.
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You mean use WCE to Cyberjaya/Putrajaya area?
aaron1717
post Oct 12 2019, 12:15 PM

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QUOTE(BEANCOUNTER @ Oct 11 2019, 12:48 PM)
if its good for own stay it should be good for investment.

bcos if its that good for living, why wouldn't rentee rent the place for ownstay? or subsale buyers buy for ownstay?

you guys should stop staying 'I bought a rubbish property that no good for ownstay and investment therefore just keep for own use and claimed its bestest for ownstay'.
*
like i always said... one man's meat is another man's poison... your blanket statement also not workable... there are different ppl reli like to stay certain properties that not up to your investment standard ma... just like the parque residence in ES... mmg gt ppl like stay in high rise in middle of nowhere ma... lol... own staying involved alot more emotional decision than just numbers...
willyboy88
post Oct 12 2019, 12:48 PM

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QUOTE(lionking7791 @ Oct 12 2019, 11:58 AM)
You mean use WCE to Cyberjaya/Putrajaya area?
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Yes. WCE will provide an alternative route to Southern Klang Valley/Putrajaya/Cyberjaya
WCE>> SKVE>> Elite >> Lingkaran Putrajaya

https://en.wikipedia.org/wiki/West_Coast_Expressway


edtai
post Oct 12 2019, 12:58 PM

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QUOTE(willyboy88 @ Oct 12 2019, 12:48 PM)
Yes. WCE will provide an  alternative route to Southern Klang Valley/Putrajaya/Cyberjaya
WCE>> SKVE>> Elite >> Lingkaran Putrajaya

https://en.wikipedia.org/wiki/West_Coast_Expressway
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How do we enter to WCE from Setia Alam? I don't see any connection road to WCE at Bukit Raja area.
BEANCOUNTER
post Oct 12 2019, 01:42 PM

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QUOTE(edtai @ Oct 11 2019, 04:14 PM)
The problem in this area still booming with all next development from few developers. Subsale is basically very slow. Imagine the piece of land besides Giant will have massive development soon. SP Setia just launched one project there. For long long term investment may be yes..Short term investment is just no as all my agents shared with me when I sell my another house few months ago.
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if your current capital appreciation cannot beat the interest cost of say 4.6% and in foreseeable future, say 5 to 10 yrs, ,meaning your property is basically losing money, and it will never be able to 'catch up' and make money even if you keep the property for long long term...….

so stop saying own stay for next 10 yrs is ok...bcos I can sell 10 yrs later with profit. the profit is not profit bcos you had paid for in interest.
BEANCOUNTER
post Oct 12 2019, 01:48 PM

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QUOTE(edtai @ Oct 11 2019, 08:03 PM)
Before the launch of P17 and P11, SP Setia advertised massively the alternative road to DASH highway from Setia Alam North. However, P11 houses received very good responses and almost sold off.... But the connection road to DASH highway unfortunately has stopped when half way construction. I think the construction condition is now unknown if it still can be continued or just abandoned like that.

It is about the same tactic that SP Setia used during very early stage of development of this SA area. SP Setia advertised that the LRT station will be built near the commercial area of SA. Unfortunately until today, the LRT station just disappear from the radar.

All these non-sense promises cannot be delivered at the end of the day and end up massive traffic jam in NKVE today as people from SA really relying on this NKVE. of course Federal Highway is another alternative road but I think the traffic condition is even worst than NKVE most of the time. The resident here really need alternative roads and public transportation for going to Petaling Jaya and Kuala Lumpur.
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Tai I followed SA as early as you are....pls don't misleading readers here.

the light train proposal WAS part of MBSA plan, and it was not merely the whip and fancy of Setia. And Setia did provide space for the construction of LRT station in their commercial precinct. as you probably aware being Malaysians, LRT lines and stations are mostly political motivated, and not by needs of passengers. Whoever politicians that hold most lands will win the route.

if they can have station at Meru, why cant they just don't bother to pass to Setia mall and reroute out again?????
BEANCOUNTER
post Oct 12 2019, 01:48 PM

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QUOTE(edtai @ Oct 11 2019, 08:03 PM)
Before the launch of P17 and P11, SP Setia advertised massively the alternative road to DASH highway from Setia Alam North. However, P11 houses received very good responses and almost sold off.... But the connection road to DASH highway unfortunately has stopped when half way construction. I think the construction condition is now unknown if it still can be continued or just abandoned like that.

It is about the same tactic that SP Setia used during very early stage of development of this SA area. SP Setia advertised that the LRT station will be built near the commercial area of SA. Unfortunately until today, the LRT station just disappear from the radar.

All these non-sense promises cannot be delivered at the end of the day and end up massive traffic jam in NKVE today as people from SA really relying on this NKVE. of course Federal Highway is another alternative road but I think the traffic condition is even worst than NKVE most of the time. The resident here really need alternative roads and public transportation for going to Petaling Jaya and Kuala Lumpur.
*
Tai I followed SA as early as you are....pls don't misleading readers here.

the light train proposal WAS part of MBSA plan, and it was not merely the whip and fancy of Setia. And Setia did provide space for the construction of LRT station in their commercial precinct. as you probably aware being Malaysians, LRT lines and stations are mostly political motivated, and not by needs of passengers. Whoever politicians that hold most lands will win the route.

if they can have station at Meru, why cant they just don't bother to pass to Setia mall and reroute out again?????
BEANCOUNTER
post Oct 12 2019, 01:56 PM

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QUOTE(aaron1717 @ Oct 12 2019, 12:15 PM)
like i always said... one man's meat is another man's poison... your blanket statement also not workable... there are different ppl reli like to stay certain properties that not up to your investment standard ma... just like the parque residence in ES... mmg gt ppl like stay in high rise in middle of nowhere ma... lol... own staying involved alot more emotional decision than just numbers...
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by nature of the object, property is an investment, its whether short or long term nia.

you NEVER provide depreciation on Property, unlike car equipment and machinery.

nobody will buy property and expecting the property will depreciate in short to long term.

tell me, when you bought your property said for 400k, do you expect to sell your property at 300k 10 yrs later????
if yes, please pm me your contact and I will enter the contract to buy your property NOW.

but I do agree with you one thing - buying is emotional decision where logic and statistics are throwing out of windows. BUT dun use the word 'own stay is ok, investment is no no'. its like saying I am prepared to lose money on my own stay property but not for investment...
willyboy88
post Oct 12 2019, 09:29 PM

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QUOTE(edtai @ Oct 12 2019, 12:58 PM)
How do we enter to WCE from Setia Alam? I don't see any connection road to WCE at Bukit Raja area.
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You will have to drive toward Jalan Meru direction first and then use the Bandar Bukit Raja interchange.

aaron1717
post Oct 13 2019, 02:49 PM

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QUOTE(BEANCOUNTER @ Oct 12 2019, 01:56 PM)
by nature of the object, property is an investment, its whether short or long term nia.

you NEVER provide depreciation on Property, unlike car equipment and machinery.

nobody will buy property and expecting the property will depreciate in short to long term.

tell me, when you bought your property said for 400k, do you expect to sell your property at 300k 10 yrs later????
if yes, please pm me your contact and I will enter the contract to buy your property NOW.

but I do agree with you one thing - buying is emotional decision where logic and statistics are throwing out of windows. BUT dun use the word 'own stay is ok, investment is no no'. its like saying I am prepared to lose money on my own stay property but not for investment...
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the emotional decision part of most of the own stay buyers will proved your statement wrong bro... as an accountant... i do agree on your statement... but property purchasing just more than that... when own stay is in one's mind... and i dont say its totally wrong if one is happy with their purchase although it may lose money... lol
apalexar
post Oct 13 2019, 03:49 PM

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QUOTE(aaron1717 @ Oct 13 2019, 02:49 PM)
the emotional decision part of most of the own stay buyers will proved your statement wrong bro... as an accountant... i do agree on your statement... but property purchasing just more than that... when own stay is in one's mind... and i dont say its totally wrong if one is happy with their purchase although it may lose money... lol
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Agreed, as one of the own stay buyers, issue about depreciate or not rarely comes in mind when deciding to buy own house..
jrshow
post Oct 23 2019, 02:36 PM

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congestion ease alr at nkve?
aaron1717
post Oct 23 2019, 02:38 PM

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QUOTE(jrshow @ Oct 23 2019, 02:36 PM)
congestion ease alr at nkve?
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u bukan staying thr ke bang? lol....
tenno84
post Oct 23 2019, 03:11 PM

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QUOTE(aaron1717 @ Oct 23 2019, 02:38 PM)
u bukan staying thr ke bang? lol....
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Today PLUS just started smartlane system from Setia Alam to Shah Alam, where car can use emergency lane from 6:30-9:00AM. From what I've observe during my trip to office, most of the drivers still confuse whether can use the left lane or not. There is no proper signboard to inform that we're allow to use that. Only before Shah Alam exit got electronic board mentioned that but it's too late.. haha.. For those who use emergency lane today also kena hon with motorcyclist and i don't think it was a good approach by PLUS. By right they should use the contra lane instead of emergency lane.

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