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Investment TRIO BY SETIA @ BANDAR BUKIT TINGGI, KLANG, For the young. S P Setia Presents.

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Kicimiao66cc
post Mar 26 2017, 05:37 PM

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QUOTE(Babizz @ Mar 22 2017, 11:11 PM)
Nett prices are above. Still maintain my opinion on 1+1 room above level 30 will struggle. if u compare with lead,gravit or maple, trio 2+1 should be among the better options.
2+1 room units mostly booked, 915sqft.
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Do you know how much is the maintenance charges?
wow1wow2
post Mar 30 2017, 03:58 PM

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QUOTE(Babizz @ Mar 22 2017, 11:11 PM)
Nett prices are above. Still maintain my opinion on 1+1 room above level 30 will struggle. if u compare with lead,gravit or maple, trio 2+1 should be among the better options.
2+1 room units mostly booked, 915sqft.
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may i know why u say 1+1 room above level 30 will struggle?
wow1wow2
post Mar 30 2017, 03:58 PM

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QUOTE(Kicimiao66cc @ Mar 26 2017, 05:37 PM)
Do you know how much is the maintenance charges?
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0.53 psf
Kicimiao66cc
post Mar 30 2017, 11:39 PM

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QUOTE(wow1wow2 @ Mar 30 2017, 03:58 PM)
0.53 psf
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53cents psf??? This is kidding or what..
wow1wow2
post Mar 31 2017, 08:47 AM

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QUOTE(Kicimiao66cc @ Mar 30 2017, 11:39 PM)
53cents psf??? This is kidding or what..
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my apology is 0.35 psf
wow1wow2
post Mar 31 2017, 08:47 AM

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QUOTE(Kicimiao66cc @ Mar 30 2017, 11:39 PM)
53cents psf??? This is kidding or what..
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my apology is 0.35 psf
Kicimiao66cc
post Mar 31 2017, 10:28 AM

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QUOTE(wow1wow2 @ Mar 31 2017, 08:47 AM)
my apology is 0.35 psf
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Phew..😅😂. Thanks 😬😬
Babizz
post Mar 31 2017, 03:18 PM

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QUOTE(wow1wow2 @ Mar 30 2017, 01:58 AM)
may i know why u say 1+1 room above level 30 will struggle?
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Take level 31, ull be paying 640 psf nett. U count n see can laku or not in the long run.
tthm
post Mar 31 2017, 10:44 PM

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S P Setia Bhd’s mixed development known as the Trio by Setia will mark its debut in Klang, Selangor. The developer currently has 30 ongoing property projects across Malaysia and overseas but this would be its first in Klang.

The developer’s divisional general manager for niche developments Paul Soh Hee Pin says S P Setia is always on the move to expand its brand and presence in new locations with strong growth potential.

“Bukit Tinggi in Klang definitely has a lot of potential. It is a very vibrant area so I think to establish our brand here is very exciting for S P Setia.

“When we came across this piece of land, we saw that it was very accessible as it is just adjacent to Jalan Langat which is the main arterial road that runs through Klang town to Bukit Tinggi.

“There is also a separate secondary access at the back of the development so residents will also be able to access the development from the back. This dual accessibility is a very important factor to this development (as it could reduce traffic congestion),” he tells TheEdgeProperty.com.

Sitting on a 5.49-acre of freehold land, Trio by Setia has a gross development value (GDV) of RM571 million and will comprise 914 units of serviced apartments across three towers — hence its name — as well as 42 three-storey retail units.

As of now, over 50% of the first tower comprising 426 serviced apartment units have been booked ahead of an official launch on April 8. The built-up sizes of the units in the first tower range from 656 sq ft to 1,216 sq ft with prices from RM412,000.

Soh is confident that Trio by Setia will do well in the port city due to its strategic location in Bukti Tinggi. The project lies 2.5km away from AEON Bukit Tinggi Klang, 1.2km from Tesco Klang and 23.7km from Bandar Sunway. Other amenities in the vicinity include Hospital Besar Klang, Andalas Medical Centre, Hin Hua High School, SMK Convent and Regent International School.

Accessibility will soon be given a boost with a proposed Light Rail Transit 3 station nearby. Trio is currently accessible via the Shah Alam Expressway, North-South Expressway Central Link, Federal Highway and New Klang Valley Expressway.

“We are using this piece of land to build a mainly residential development with a complementary commercial component as this form of integrated development provides a more complete lifestyle proposition to residents as opposed to a purely residential development.

“The sub-commercial component faces the main road for better visibility and accessibility, plus it is physically separated from the serviced apartments for increased security but still near enough for residents,” he says.

Soh

According to Soh, the non-landed market in Bukit Tinggi is slightly different from other areas such as in Kuala Lumpur city centre. There are not many such high-rise living projects with full quality lifestyle facilities in the area. Trio has all that and yet able to offer units at prices that are affordable, he says.

Among the lifestyle facilities at Trio are a swimming pool, indoor games room, shaded pavilion, sunken deck, residents’ community garden, a gym and a multi-purpose hall.

The first phase [first tower] of Trio carries an affordable pricing that will be attractive for first-time homebuyers, Soh offers, adding that Trio by Setia is one of the participating projects for the developer’s 10:90 scheme whereby purchasers pay only 10% upon signing the Sale and Purchase Agreement and pay the balance 90% after the completion of the property.

Construction for Trio will commence in 2Q2017 with targeted delivery by 4Q2021.

With population growth and urbanisation, Soh believes high-rise residences will be the future of not only property developments but also the lifestyle trend for those who are already living or looking to live in cities.

“I think nowadays, people are already talking about vertical cities and as the population grows in urban areas and with more people migrating to cities, land for development in urban areas will be scarce. This means that developers don’t have much land for large-scale landed developments.

“So moving forward, in urbanised areas, it will be common for the younger generation to be living in mostly high-rises. [Moreover] some people may prefer high-rise living compared to landed homes in terms of security, safety and maintenance — because there are people who will carry out the maintenance for you,” he says.

S P Setia was incorporated in 1974 and has ongoing property projects across Malaysia and overseas including Vietnam, Australia, Singapore, China and the UK. As of December 2016, the developer has 5,218 acres of undeveloped landbank, with a GDV of RM76.48 billion.

Besides its award-winning townships such as Setia Alam and Setia Eco Park in Shah Alam, the developer also offers niche lifestyle high-rise residential projects. Among them are Setia Seraya in Presint 15, Putrajaya; Setia Sky Seputeh in Taman Seputeh, KL; Setia Sky 88 in Johor Bahru city centre; and Setia Sky Ville in Jelutong, Penang.

On the market outlook, Soh notes that although the market sentiment has not been as strong as a few years ago, “property products are still selling”.

“The market goes in a cycle and urbanisation is an ongoing thing. Property ownership is something that people will always need, it’s just that sometimes the demand may dip or rise.

“Property development is very location-specific and you cannot just take the previous development model and replicate it on a different location. Market trends are very active and quick so you need to be spot on to catch the trend for that particular area.

“So for us, we are bringing Bukit Tinggi to the next level by introducing the lifestyle of the city centre to this area. I believe such lifestyle living will progressively move towards the fringes of the Klang Valley,” he says.

Sos - http://www.theedgeproperty.com.my/content/...mark-klang-trio

Hmmmm.... 50%++ not a good start for first block of 426 unit....
BEANCOUNTER
post Mar 31 2017, 10:52 PM

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If include bumi quote it is good already
tthm
post Mar 31 2017, 10:57 PM

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Lets wait till their official launch date announcements of the overall sales. Still got 2 more block not yet launch about total 488 unit.
Kicimiao66cc
post Apr 1 2017, 12:03 AM

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QUOTE(tthm @ Mar 31 2017, 10:57 PM)
Lets wait till their official launch date announcements of the overall sales. Still got 2 more block not yet launch about total 488 unit.
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Still got official launch?? Not already launched mie.. after the official launch then come another "final official launch" 😆
Babizz
post Apr 8 2017, 10:29 AM

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QUOTE(Kicimiao66cc @ Mar 31 2017, 10:03 AM)
Still got official launch?? Not already launched mie.. after the official launch then come another "final official launch" 😆
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Projects usually got few major events:

1. Preview
2. Launch (only upon obtaining APDL and during SnP signing)

But trio had a Opening of the Showroom event in Feb.

Trio's grand launch will be today with many SnP signing now. seems like very big event again with the whole place decorated with lights and tents etc. Got amber chia rclxms.gif rclxms.gif


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samkps
post Apr 14 2017, 03:57 PM

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60% booked so far.... hmm.gif

http://www.theedgemarkets.com/article/s-p-...-weekend-launch
Babizz
post May 24 2017, 07:05 AM

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QUOTE(8895 @ May 22 2017, 09:24 AM)
Photo taken just last Saturday. 2+1 left 1 unit left 24-1...
Consider Lead? Or wait for this Gamuda?
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Thanks for ur pic. Can discuss more on trio here.

This post has been edited by Babizz: May 24 2017, 07:08 AM


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klangvalleyrookie
post May 24 2017, 09:25 AM

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QUOTE(Babizz @ May 24 2017, 07:05 AM)
Thanks for ur pic. Can discuss more on trio here.
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Sales not too bad it seems eh..... U bought bro?
8895
post May 24 2017, 01:44 PM

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QUOTE(Babizz @ May 24 2017, 07:05 AM)
Thanks for ur pic. Can discuss more on trio here.
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Lower floor taken.... higher floor... too expensive...
If for own stay, i think OK...
For rental, i think cannot fetch RM1500p/m for 656sqft.
If buy for long term, childrens, worth it?
still worth to get one unit at higher floor for 656sqft?
Babizz
post Jun 10 2017, 11:02 PM

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QUOTE(klangvalleyrookie @ May 23 2017, 07:25 PM)
Sales not too bad it seems eh..... U bought bro?
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Nope but noticed this trio came out in many research reports on SPS sales due to its good sales of 60%.

QUOTE(8895 @ May 23 2017, 11:44 PM)
Lower floor taken.... higher floor... too expensive...
If for own stay, i think OK...
For rental, i think cannot fetch RM1500p/m for 656sqft.
If buy for long term, childrens, worth it?
still worth to get one unit at higher floor for 656sqft?
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You surely wont get 1.5k rental for 656sf here. Majority of units in trio will be smallest units (600 units). Did you end up booking? did you get 2+1 or 1+1?

One concern for highrise in South Klang will be the THOUSANDS of units in canery gardan but tht location will command a major discount compared to trio/lead area (bbt 1 to Botanic).
8895
post Jun 13 2017, 01:38 PM

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QUOTE(Babizz @ Jun 10 2017, 11:02 PM)
Nope but noticed this trio came out in many research reports on SPS sales due to its good sales of 60%.
You surely wont get 1.5k rental for 656sf here. Majority of units in trio will be smallest units (600 units). Did you end up booking? did you get 2+1 or 1+1?

One concern for highrise in South Klang will be the THOUSANDS of units in canery gardan but tht location will command a major discount compared to trio/lead area (bbt 1 to Botanic).
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Notice that those development near MRT/LRT all price around RM600++sqft.

Too expensive to own it, use money and enjoy now and suffer at old age. dry.gif
Babizz
post Jun 27 2017, 04:29 PM

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QUOTE(8895 @ Jun 12 2017, 11:38 PM)
Notice that those development near MRT/LRT all price around RM600++sqft.

Too expensive to own it, use money and enjoy now and suffer at old age.  dry.gif
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Don't overpay for lrt/mrt props. See what type of connectivity ur getting n all the other boosters in the area (more imp) . Study the performance of sqmana and Dsar centrals in sg buloh when completed

This post has been edited by Babizz: Jun 27 2017, 04:30 PM

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