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 Setia Alam V2, Township project in Shah Alam

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dreamkiller
post Jan 12 2017, 11:28 AM

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QUOTE(Babizz @ Dec 27 2016, 11:04 PM)
Bro, but at RM650 per month (verified), its very cheap la hence attracting the type of base that it has. After all this trefail was launched at 250k in 2011 and transacting at 250k to 290k now. Coupled with costs associated with buying soxo like upfront progressive payment, gst , maintenance etc, many owners are losing big time i believe.
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Babizz. It's definitely not RM650. Minimum mostly give RM750 (super basic, no water heater air cond) but most start at RM800 (inclusive of the aforementioned). Most agent or owner who posted below that actually they want to attract more calls as user tend to filter by cheapest first or price. If you do call any of them, the standard reply would be "hei sorry, unit rented out edi or not available anymore. As a matter of fact, that's not case. Anyway, i think you should know this is standard practice by some agents who game the market to their advantage.
dreamkiller
post Jan 12 2017, 11:52 AM

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QUOTE(ibnunarsim @ Jan 12 2017, 11:38 AM)
How landed population in eco park to out number the more than 10 high density apartment located in northern setia alam?
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But then again the apartments are not by majority owned by the bumi as well. Rumah selangorku still have sizeable quotas for the non-bumi. The thing with low occupancy in Setia Alam it is a big township that's still developing. It's location that's quite far from the KL city centre also means it has lesser rental demand as young workers usually prefer closer location like PJ or Bandar Permaisuri in Cheras or Bukit Jalil or others.
dreamkiller
post Jan 12 2017, 12:15 PM

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QUOTE(kelchai @ Jan 12 2017, 11:58 AM)
Ppls buy into Setia Alam is because of well planned township and landed property, not for rental. Majority are for own stay.
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QUOTE(billyboy @ Jan 12 2017, 12:11 PM)
need more jobs at Setia Alam
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Yup these two further explains the weak investment play in Setia Alam. It's a boon for genuine buyer and those without a home yet.

Nway, I'm excited that the Penisular International School is slowly taking shape and another car showroom is undercon-struction (nearby the transport terminal).
dreamkiller
post Jan 12 2017, 12:18 PM

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QUOTE(jrshow @ Jan 12 2017, 12:15 PM)
own stay also require job to sustain, but i always go around ..so many place is developing, let me list out few.

- selangorku projects in setia alam north, this also having some shop lots oppersite it.
-bandar bukit raja, as well as the factory area developing,like toyota etc..many major big factory approximently about 2000 people are working in.
-WCE highway, which make the area of the kuala selangor more closer to setia alam.
-Dash highwayand the propose route at setia nothern, makes those area like puncak alam,denai alam etc more closer
-setia alam buisness area, currently ongoing project are audi 4s, dont forget those planned project like Khind HQ,SCM 2 etc.
-penasular school and 1NHN, bringing in 5000 proffesional to that area.
-Eco Ardence, make us more closer to shah alam town, also bringing in high class people.
-LRT3, which is only 6 KM from SCM.

and many more, update me if i left some of it.
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Good update. Anyone knows is there any plan for alternative access to setia alam from/to NKVE. It's a serious bottleneck nowadays at the toll during peak time. I can see it can get real ugly once more and more people stay in setia alam.
dreamkiller
post Jan 12 2017, 05:12 PM

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QUOTE(BEANCOUNTER @ Jan 12 2017, 04:35 PM)
this is where you are wrong my friend.

trefoil studio rented out for 700-800rm per month.

I know another condo in Puchong/OKR studio also rented out for 800rm per month.
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How does telling me how much is the rental prove me wrong? what matters more are the occupancy, how long it takes to reach %occupancy and what's the yield. Those who bought subsales are not making money when rental is at that level. trefoil's occupancy is nore more than 20%.
dreamkiller
post Feb 9 2017, 10:50 PM

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QUOTE(HarpArtist @ Jan 12 2017, 07:15 PM)
20?! That bad?
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close to 1,500 units and high rental psf. It's hard to attract families to stay there as well since the unit is small (studio and 1BR) plus they have a lot of choice i.e the terraces or the apartments at SA north.
dreamkiller
post Feb 9 2017, 10:53 PM

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QUOTE(BEANCOUNTER @ Jan 17 2017, 04:13 PM)
I know someone is renting for 750 per month....bare.....mid floor.....studio......
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yeah quite a rarity for tenant at trefoil post 2016 to get rental at RM650. RM750 above yes
dreamkiller
post Feb 9 2017, 11:00 PM

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QUOTE(chopstick88 @ Feb 9 2017, 09:24 PM)
I also don't know, they said the transport hub actually is reserve  for lrt station, but he laugh said don't know how many years la.
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SA was once in one of the three proposed LRT3 routes but eventually Prasarana proceeds with the one that does not include SA.

Because of this, don't think there would be any RAIL transport to SA before 2024.
dreamkiller
post Feb 28 2017, 02:31 PM

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QUOTE(kelchai @ Feb 21 2017, 05:27 PM)
The price is about the same with The Forum by Sunsuria. This is the first ever project by HCK group, unable to judge or comment on quality and the end product, but one thing can conclude is their Sales team is not as competitive as other major developer. If compare the visibility and accessibility, The Forum will have more advantage.
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What piss me off more about HCK is that it is promoting LRT connectivity. Yes, there was proposal to pass through Setia Alam before but it won't be under LRT3.
dreamkiller
post Feb 28 2017, 03:45 PM

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QUOTE(jrshow @ Feb 28 2017, 03:12 PM)
you r right?dont know why they keep on promoting
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It is to certain extend misleading. Anything we can do to remedy this? I pity to those unaware or oblivious buyers. Can we report to KPKT or would that not change anything?
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