[December 2015 info]


China-originated developer CICET ASIA will be debuting as a developer in Malaysia after working as contractors for IOI Properties and S P Setia.

They plan a 3-tower project with service apartments with a total of 589 units and shop offices below it.

Coming soon.




This post has been edited by accetera: Sep 8 2021, 04:13 PM

Cicet origin is a china main contractor for setia alam and eco park. Good luck

It's considered as China state-owned enterprise.

good luck? setia workmanship got alot of problem boss?

I went there job interview before, all their paper work mostly in chinese, huhu

Yeah, same like china railway enginnering doing mrt tuneling, all political fund related

Quite a number of Chinese enterprises have gone global but quite a number of aspects eg communications, internal controls and practices etc still pretty much Chinese style.

I agree, now i starting repolishing my mandarin writting. China ke arah kuasa besar

interview at what post at puchong office? the accountant "yang" is my friend

China slowly share the market pie now

good luck. thier cash flow.

tis Cicet Asia Development okay or not?
their build quality previously?

How is Cicet workmanship?

china will make all imposible to become posible

not sure who is he or her, my interviewee flied from china just to interview me.

850psf if not mistaken

How issit?

shared by one of insider friend

China conglamorate arrived in Sunway

https://youtu.be/ZxhYDK9iuco

This post has been edited by Donald Trump: Aug 31 2016, 12:39 PM

CICET is a reputable construction-based company in Malaysia. Established in April 1991, the Group started as an engineering based company who has worked alongside some of Malaysia’s Top 10 developers. Its solid portfolio of over 50 high-end properties includes residential and commercial components as well as public infrastructure, both locally and internationally. Led by an experienced team, its delivery of projects and services of the highest quality has led to the Group’s string of awards.

In 2014, CICET ventured into property development. The Group believes that management excellence, strong corporate values, business dynamism and a focused vision are key to its solid growth. Fortified by its four pillars of strength – “Unity, Innovation, Sincerity and Practicality” – CICET aims to create excellent, sustainable communities for the global market.

The location sounds pretty convincing, any idea how much are the units?

not confirm.......should be much cheaper than Icon and Geo3 ....should be

I think it should be more or less the same, unless they have their promo package which has to be very attractive.

size is interesting
581 sf with 2 rooms!
764 sf 2 rooms 2 baths
861sf 3 rooms 2 bath!
1076 sf 3 rooms 3 baths
1130 3 rooms 3 bath somemore dual keys!!

all these china developer layout .....boleh pakai

This post has been edited by Donald Trump: Aug 31 2016, 12:53 PM

Boss pls do link me up ya if they hav commi. Kamsiah bossi.

LoL

That's great


I wonder how would it look like to have 2R2B for 764 sf.

boss MU....saw 18 double volume boutique shops in the brochures
and some facing LDP

Sui liao

Let's du-it ✌️

Wow boss, if there is any indicative pricing, pls share ya. It my favourite location and also potential for rental game like SuriaMas, but depends on prcie psf.

Btw, PJS 8 can be very good and bad location, is this Greenfield is nearby Caltex or directly next to Sunway Mentari?

3 blocks look good with some nicely looking facilities.

Seems the land the beside the commercial zone and Tropicana land. Not sure if Block A would be facing off HTC.

Hard to tell bro. Empire city was once more glamorous than this. However, after a while when the company mistook a step, the whole development can be halted and so does the price

FH? LH?

Anyway parking.

Very much agree with you bro.

But Empire City is too huge development or wanabe compare to this Greenfield, unless the developer is really got prob. Musts find out mire abt this China com.

haha....pls dont compare Empire with China conglamorate.....as far cash flow is concerned...i think this is like kacang putih to these Chinese army of development companies

Looking good..
But this China developer? Okay or not?

the layout of these resi units really caught my eyes....why most of these local developers cant come out with layout like this....i still remember one of the dev by Ekivest....800++sf ...1 room and 1 bath....how dumb is that?

haha u ask me i got no idea
but as far as i know source from ICBC bank(world biggest bank ?)....this is really a tiny project for china companies like Cicet

If I got it right CICET is a GLC and in Malaysia it undertakes some projects of EW (EM) and IOI. Heard workmanship is good.

I already knew this project since last month.....

Da Men also developed by china company. Can't see any good in it yet P

Aiyo

Why never share?

u sure...not TS Desmond?

China better than kl lo...u kno y? Take kl pavilion as example enuf

boss ur capabilities mayb can consider buying their showoffice...😊💪
the corner units facing LDP will be👍👍👍

Will be interested to know if this is a freehold development - anyone with info please kindly share... thanks!

sunway tak ada freehold

Jam will b super crazy during peak hour

Interested. Parking.

Sunway velocity is fh

Residential Suites:

Property Type: Serviced Apartment

Tower 1: 40-storey (277 units), inclusive 8-level podium

Tower 2: 42-storey (297 units), inclusive 8-level podium

Tower 3: 33-storey (242 units), inclusive 8-level podium

Facility Floor: 2-acre Recreational Garden with 34 facilities within 6 thematic landscapes






Unit Type A1: 581 sq ft / 1+1BR 1BATH

Unit Type A2: 581 sq ft / 1+1BR 1BATH

Unit Type B1: 764 sq ft / 2BR 2BATH

Unit Type B2: 764 sq ft / 2BR 2BATH

Unit Type C: 861 sq ft / 2+1BR 2BATH

Unit Type D1: 1,076 sq ft / 3BR DUALKEY 3BATH

Unit Type D2: 1,130 sq ft / 3BR DUALKEY 3BATH

Unit Type E1: 1,259 sq ft / 3+1BR DUALKEY 3BATH

Unit Type E2: 1,302 sq ft / 3+1BR DUALKEY 3BATH




Lifestyle Boutique Shops:

Property Type: Retail shops

Total Units: 18 units

The more the merrier.

The more the merrier.

Is this the land sold by Tropicana??

fulamak....bandar Sunway lah wei...pening

Velocity is in kl wo.

Ic. Yes boss, 581 and 764 sq ft is quite ideal if dev able to provide 2beds min, easier to rent to Taylors student. For 800+ Sq ft if 2 beds oso consider good, better than 1 bed, wasted space unless its for high end purpose and own stay but not practical for med end and rental purpose.

Total 816 units, not bad.

Ada cable and got arrange bulk purchase?

Good to know workmanship is good..
Worry if become like those in China..use cheap quality materials.. If u remember come out in news.. Use bamboo instead of steel..

Leasehold

Any potential for investment?

If not investable, mu boss won't be here.

U compared Cheras -v- Sunway?

haha....i didnt say anything ya.....Mourinho boss😊

i look again at their layout.....really must gv many likes .....like all layout sizes all rooms,bath,living, kitchen also got window for sunlight and air ventilation
i can tell u this type of layout format can hardly be seen in other developer....some even with 1000sf but stupid enough to hv either a bath, room or kitchen without exterior window....i hate it when windows especially bath....smelly, dark and dull

This post has been edited by Donald Trump: Aug 31 2016, 08:11 PM

RM8xx psf.

hi patchay, price before discount or after discount?
PTLM got any private preview on this?

there an existing topic as below.
https://forum.lowyat.net/index.php?showtopi...7&hl=greenfield

Is this behind "Balinese" theme commercial building? Forgot the name....could be close to mentari

Tis tered seems more interesting. Maybe we just stick to taikor trump.

already 3 page, now only saying have existing thread

Aiyo, the TS trump didn't check before open the new topic. Anyway the admin already move the previous post together.

oh yeah. now only realized both have been merged

Just post the website will do for the details

http://www.greenfieldresidence.com.my/home/

Where is the exact location?

The location seems to be after Sunway Mentari? Isnt this land belongs to Tropicana?

formerly belong to them. think they sold it.

To be exact, the address should be Jalan PSJ 8/15 Bdr Sunway ( Sunway Mentari ) ...

It is directly next to the shops area ( majority steamboats, massage, etc ) and the entrance should be opposite the Best view Hotel and a kopitiam. Walking distance to some kopitiams, restaurants, kopitiam, Korean food, etc ...

The location can be considered very good, much better than Sunway Ridzuan and Sunway Suriamas, just the downside was also directly next to LDP and the view of some units, esp high floors facing pool / facilities would be facing Icon City / Federal Highway, or could be block by Tropicana land ( if build highrise next to it) or else, HTC or Sunway Mentari Court. Otherwise, the other view was Sunway Pyramid / Puchong.

Another downside would be pat kor mentioned it was RM 8xx psf, same level as GEO @ South Quay, sigh.

This location is further away from student hubs, the most I can think is they will only attract working population, similar to sunway mentari.

To pay RM800psf++... hm.. I better I join this thread kekeke

https://forum.lowyat.net/topic/4043789

parking

somehow, layout x anticipated pricing is a big turn-off.

rm700k for a 2 bedder?

For me...the layout is nothing to shout up. they try to squeeze the study cum single bedroom. without the floor layout, I suspect all these rooms are facing the airwell/ corridor. Not very ideal as bedroom.

DT Boss, agree with what you said esp if rooms or baths are without exterior windows for ventilation, lol. The layout considered good for me, I am fine since I am targetting small unit, cannot ask for much better layout since ths size is small and is there bcz I found other 1000-1300 sq ft, the bedrooms could be smaller.

For Type A @ 581 sq ft, 1 bed + 1 study room is really great option, can be rent out as 2 beds since Sunway is a preferred area for most students. I prefer A2 than A1 bcz study room next to master bedroom but not sure how is the kitchen works bcz directly next to foyer seems eat some space ( from the layout ), anyway, both could do well.

For Type B @ 764 sq ft, 2 beds + 2 baths is really a decent choice and good layout. Small medium size for 2 beds, easy maintain and easy rental. Both B1 and B2 actually almost same layout, just difference is the air con ledge, in this case, I go for B1 bcz I prefer air con ledge not beside master bedroom but near to bathrooms. And seems, B1 kitchen is looks very slightly bigger than B2, not sure why.

Type C @ 861 sq ft, 2 beds + 1 study room with 2 baths, excellent choice for rental game only. Tat would be great if the study room's wall can be hacked for bigger living and dining, the con part would be toilet's door facing master room's door. 34" ft width (from living to bed 1 and master bed ), if the extra 2" ( compare to B1/B2's 32 ft width ) is putting into master bedroom, then that would be good idea, instead of putting into living hall' width.

If all RM 8xx psf, it would be no brainer and just go for 581 sq ft ( around RM 464k + compare to 764 sf at RM 611k+ and 861 sf at RM 688k+ ), but with such price, the ROI is quite limited IMO. Easy rent out anytime, but capital appreciation also limited.

This location is better than my previous chap, Sunway Suriamas, the 3+1 beds at 1250 sq ft and rental demand was superb. No shops nearby but for students, they walkable to Sunway Mentari. Upon VPed, the interest came from all over, Ridzuan or nearby apartments, most students jump to this condo due to newer. The rental shot from RM 1,200 to RM 1,500 and subsequently RM 2-2.5k, if foreigners, can be even much higher.

A lot of graduates from Subang, be it Inti, Taylors, Sunway Col or Metropolitan, esp outstation, then to group up and rent at such places.

But at RM 800+ psf, that could be different yield. A lot differed.

Chris boss, when you are paying rm800psf + , can't compared with Ridzuan, suriamas, mentari. Different budget and profile.

I am just using conventional wisdom as I am not familiar with sunway rental market.

Not sure what would be the usp to attract students over to this GFR. However I can understand the attractiveness of small size 5xx sqft 2bedrooms that cost rm400k +
But would students rent it for >rm2k?

Definitely boss. Mentari is one class below Ridzuan, Ridzuan another class below Suriamas, Suriamas would be 2 class below Greenfield in terms of new facade, design, facilities and such pricing of RM 800psf vs Suriamas currently RM 500+ psf subsale with facts for comparison.

But if we talking about flipping game, then all above are totally different target bcz buyer profile is different pool but for rental, to buy into Greenfield or even GEO, we must take all above as consideration bcz tenants only compare price, beds before location within Sunway. If a group of 4-5 students / peers skip GEO or Greenfield, they will end up at Suriamas or else, a landed at surrounding area. They are still within Sunway area. By that time, higher end props must reduce their rental range gap according to the demand range of Suriamas or co

Suriamas can rent out RM 2k very basic, most owners never much increase the price and if fully furnished, RM 2.2-2.5k, my friend rent RM 2.5k f/f to group of students and RM 3k ( i think so ) to 3 students from China. Ridzuan's studio unit rent out at RM 1.5k.

I think 5xx sf or 2 beds apartment, newer, better location and facilities, should be okay at RM 2k but tougher if higher than 2k barrier.

The other comparison would be similar price range, where would be Taylor's area of DK Senza and other upcoming D' Latour as well as Sunway South Quay's upcoming small units of GEO 1, 2 and 3 in addition to the larger units of min 1300+ sq ft for Nautica, LA Costa, A'Marine ... all these going for RM 2.5k min ( approx RM 500-800 above existing medium end range )

great sharing Chris boss. Learn something new in Sunway market.

In front of Leisure Commerce Square? got high tension passing by it seems, any1 could clarify

This is the piece of land which was purportedly planned to be developed by Tropicana but scrapped.
Yup. There's HTC running over it.

Yes. It was.

This land is directly beside the shops but I dun think it will stretch the full plot until in front Commerce Square, am not sure. The HTC is directly in front Commerce Square. Not sure end up will be as near as like The Havre. Othrwise, get Block B low floors unit face pool and block by Block A rear. Haha. Or any units facing Sunway Pyramid.

Any expert can share what is the selling price in term of per sq ft for this project?

cicet's been here for quite a few years already actually, but this greenfield one is the first development they build under their name. google some background history about them, they used to be the contractor for bigger names like sp setia and ioi and stuff. so far, i haven't heard of much negative comments on sp setia and ioi projects. so just because cicet is from china, doesn't mean they are not reputable. in china they are one of the top developers la, and do u think any random capalang company can be a top developer? cannot be ma.

anyway this sunway location is not bad la, close to major highways. just concern about the traffic congestion. but hey, you're living in a big city, some traffic is to be expected. i'm looking for small place for myself also, just 1 person living capacity. i think their 580sqft is not bad for individual, or even newly weds. it makes it so that they can afford it, between two working adults salary - just one point to consider here.

if really interested can always take some initiative to call them to find out more, rather than just make your own assumptions just because ur fb feed feature a lot of random china fake goods video. do homework plis.

not to say i promote them la, just think that a lot of keyboard warrior don't really do enough research on things then just anyhow buruk-burukkan people. unfair ma.

visit their website here

This post has been edited by chingiro: Sep 23 2016, 12:02 PM


Attached thumbnail(s)

is this commercial land?
if yes, are they launching it as serviced apartment?
if yes, are they required to comply to new selangor ruling?

like i said, info at ur fingertips. call them la.. i'm not their sales person la wtf. google it or something. i'm not familiar with property market either. i just post this cos i'm looking for a small 1-room apartment for myself. and this is on my radar, and come across comment that is unfounded, saying oh cicet from china therefore workmanship no good blablabla