QUOTE(edtai @ Aug 31 2016, 07:54 PM)
Edulis just launched like 2 months back, and now this is the progress?? Super fast!Setia Alam V2, Township project in Shah Alam
Setia Alam V2, Township project in Shah Alam
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Aug 31 2016, 09:42 PM
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Aug 31 2016, 11:11 PM
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QUOTE(limsc07 @ Aug 31 2016, 10:41 PM) 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. For the 3rd launch Fusca, psf is about 340 after discount. I see this 1090 scheme is not actually attractive; the S&P price is much higher compare to earlier phases. Any opinion??? And this Edulis psf is almost the same too. It's just that the bigger built up reflected to higher price. So i guess your deduction of this 10 90 scheme already factored into S&P price is not correct. I see this as more to win win situation whereby buyer get to save interest, and develop complete project earlier so that they can claim their portion earlier. Well, i might be wrong but just my honest opinion. By the way I'm not Edulis buyer, Fusca owner here. So jelly that Edulis buyer get to save interest, I'm serving interest now, so expensive. âšī¸ |
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Aug 31 2016, 11:29 PM
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QUOTE(kswong77 @ Aug 31 2016, 11:16 PM) 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. |
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Aug 31 2016, 11:33 PM
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Sep 1 2016, 07:40 AM
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QUOTE(edtai @ Sep 1 2016, 06:15 AM) 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. Ohh, that make sense! So maybe Edulis will be VP earlier than Fusca. Let's hope no quality issue upon completion. Anyway, will there will be any fencing provided in this terraces precincts? Or they are relying on just the natural barrier? |
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Sep 1 2016, 09:42 AM
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QUOTE(edtai @ Sep 1 2016, 08:48 AM) Probably Edulis will have same VP time with Fusca as to complete this left area for Erythrina Series. By then they can continue the right area such as Decora, Elenae and Zeyheri which is closed to commercial lot of north SA. This is just my prediction. Perhaps someone can share it if know about the plan Basically the area is surrounded by natural barrier instead of fencing. I stay in Impian 7 also semi-surrounded by fencing and so far so good w/o problem. House alarm and area security quality are important. http://i1067.photobucket.com/albums/u426/e...zpseh4zzzwg.jpg But i noticed that there is fencing for this precinct 11 only for the Semi-D, have u been there? |
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Sep 1 2016, 12:06 PM
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Sep 1 2016, 12:07 PM
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Sep 1 2016, 01:07 PM
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QUOTE(BEANCOUNTER @ Sep 1 2016, 12:15 PM) I believe before VP, developer isn't allowed to put fencing. Noted Mr.Bean. đthe fencing will only come after vp, and 70% of the residents agreed to it. am sure developer has obtained consent from buyers before they signed the SPA. obviously the cost of fencing already factored into selling price. likewise for the rest of link houses, you guys too can put fencing but need to get at least 70% of residents agreed to it and come out from your own pocket. So far already reach Sewerage stage, think should be able to VP 6 months down the road. Anyway, do u know which stage will be the longest? |
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Sep 1 2016, 01:07 PM
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QUOTE(BEANCOUNTER @ Sep 1 2016, 12:15 PM) I believe before VP, developer isn't allowed to put fencing. Noted Mr.Bean. đthe fencing will only come after vp, and 70% of the residents agreed to it. am sure developer has obtained consent from buyers before they signed the SPA. obviously the cost of fencing already factored into selling price. likewise for the rest of link houses, you guys too can put fencing but need to get at least 70% of residents agreed to it and come out from your own pocket. So far already reach Sewerage stage, think should be able to VP 6 months down the road. Anyway, do u know which stage will be the longest? |
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Sep 1 2016, 09:47 PM
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QUOTE(BEANCOUNTER @ Sep 1 2016, 02:58 PM) sori I dun keep track of each billing. Yeah, they are really fast in handing over keys! Usually one and half year kaotim!should be vp btw 2 years. setia rarely delay in their handover for landed, not in setia alam anywhere. By the way i notice the road to northen of SA is pretty bad, hopefully they will do something about it. And it's kinda empty looking. I bought for ownstay, will prefer they make the area more lively. But of couse i know it takes time. |
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Sep 1 2016, 09:49 PM
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QUOTE(limsc07 @ Sep 1 2016, 09:36 PM) Well myBlanket, i agree with your point. I have faith with SPS! They are the top developer for reason. đNow, just hope that the quality is not compromised. Nowadays, i understand many reputatable developers are benchmarking Conquas standard or trying to practice internally for thier QC inspection. Not sure SPS is following. Anyway, what u guys think about this 2 1/2 storey in this northen SA? Is it okay for own stay? |
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Sep 23 2016, 02:15 PM
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#13
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Anyone know when will MCD come in? Their spot until now still remain untouched.
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Sep 28 2016, 08:53 AM
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Nov 9 2016, 01:13 PM
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Nov 10 2016, 07:49 AM
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QUOTE(edtai @ Nov 9 2016, 06:23 PM) Probably that's the case. I also surprise with Edulis build up speed like no body business. If so, flipper will be crying there. đI think SP Setia may have plan to complete Edulis, fusca and crista at the same time so that the area can be completely handover and start the right hand side of guard house area. It will be good if they can handover the same timing, precinct 11 can be more lively instead of like a isolated place in this northen SA. Before this the progressive billing quite fast, but it been some time never receive billing for new stage. Anyway, are you one of the buyer here? |
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Nov 10 2016, 02:52 PM
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QUOTE(edtai @ Nov 10 2016, 02:17 PM) Yes. My friend. The P11 and P17 are really not for flippers other they are digging graves sorry to say that. The supply more than demand now in properties market unless SP Setia chop the selling price with 20 or 30% discount. Then market could able to boost up again. Setia Alam not a good area for investment anymore. For me i just hope Northen area can develop faster, shoplots occupy faster. And faster open the mcd. Hahaha. Anyway how you sneak in to precinct 11 construction site? |
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Nov 11 2016, 06:39 AM
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QUOTE(edtai @ Nov 10 2016, 03:19 PM) Not sneak in. Just outside the construction site only as my job is site suveyor also. Yeah one of the precinct 11 series buyer.P11 could be faster than P17 but subject to SP Setia Schedule and Plan which they want to be faster. The shop lot area at Setia Taipan has few auto shops open already now. Hoepfully this place will boost one day. Are you buyer also? |
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Nov 11 2016, 11:22 AM
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RM0. (Good Day, Citizen Setia!) Eximia/Decora launch with 10:90 Home Ownership Scheme on 12/11/16, 9am @ 1st come 1st served basis. Sequence no. can be collected NOW with RM20k Cheque from 9am-6pm @ Setia Alam Welcome Centre. Info 0333432255
New launch at Precinct 11. Right hand side. |
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Nov 12 2016, 11:30 AM
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Selling as 3 storey. Can refer their website.
This new launch 20x65 layout super nice. |
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