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

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Rinth
post Nov 30 2020, 11:16 AM

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QUOTE(Babizz @ Nov 30 2020, 07:29 AM)
Should be. Usually the govt will build walkways around new train stations up to 300+m. Trio is less than that.

Concerns on the timing n success of the commercial and also they need to give more discount for people to bite😳 For ownstay ok lah. Quite central location in south klang.

Also rental demand for highrise in south klang is surprisingly very strong unlike what some guru proclaim.

Demand >>> supply around this bukit tinggi - botanic area.
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The nearest station from Trio is around the tesco side, by walking should be around 400m from google map. Not sure whether will have sheltered walkway to the station or not.

Most rental demand for highrise are those that work at port klang & bkt tinggi/botanic area. Seems that the job opportunity around this area still quite high..
Babizz
post Dec 2 2020, 07:37 AM

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QUOTE(focusrite @ Nov 29 2020, 06:02 PM)
I'm no guru but I was also one of the people who thought high rise would fail in Klang
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For ownstay or investment there are some units in lead on discount. Should be the best bet n most worth it for klang highrise market now.

QUOTE(Rinth @ Nov 29 2020, 09:16 PM)
The nearest station from Trio is around the tesco side, by walking should be around 400m from google map. Not sure whether will have sheltered walkway to the station or not.

Most rental demand for highrise are those that work at port klang & bkt tinggi/botanic area. Seems that the job opportunity around this area still quite high..
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I believe prasarana will not comment on the sheltered walkway until close to lrt3 completion.

Yes and a lot of expats working around port klang prefer to rent highrise in this area. Doctors as well.

Landed for rental is extremely short of supply. For highrise strong take up in gravit8 n Impiria so far. next year Remia residence will VP.
focusrite
post Dec 2 2020, 12:12 PM

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QUOTE(Babizz @ Dec 2 2020, 07:37 AM)
For ownstay or investment there are some units in lead on discount. Should be the best bet n most worth it for klang highrise market now.
I believe prasarana will not comment on the sheltered walkway until close to lrt3 completion.

Yes and a lot of expats working around port klang prefer to rent highrise in this area. Doctors as well.

Landed for rental is extremely short of supply. For highrise strong take up in gravit8 n Impiria so far. next year Remia residence will VP.
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Walkway is under MPK I think
maruteamatklang
post Dec 5 2020, 02:26 AM

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I heard trio is having big rebate, anyone have any info ? I'm looking at 800-1000sq unit. Thanks
SUSVincent50k
post Dec 5 2020, 01:53 PM

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QUOTE(maruteamatklang @ Dec 5 2020, 02:26 AM)
I heard trio is having big rebate, anyone have any info ? I'm looking at 800-1000sq unit. Thanks
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yes currently around 20% rebate, depends on which block and size.
Babizz
post Dec 6 2020, 09:50 AM

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QUOTE(maruteamatklang @ Dec 4 2020, 12:26 PM)
I heard trio is having big rebate, anyone have any info ? I'm looking at 800-1000sq unit. Thanks
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Even with the higher rebate it's not worth it as the price is not reflective of the

1. High supply of 700+ units
2. Current covid market situation
3. Bare unit with so so finishing
4. Lack of commercials in the vicinity apart from the commercial here that will be completed way after trio VP.

Honestly all the high-rise in south klang is overpriced apart from some VPed developer units in Lead.

Perhaps this trio need another 10+% to clear those tonnes of unsold units.
maruteamatklang
post Dec 6 2020, 01:26 PM

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QUOTE(Babizz @ Dec 6 2020, 09:50 AM)
Even with the higher rebate it's not worth it as the price is not reflective of the

1. High supply of 700+ units
2. Current covid market situation
3. Bare unit with so so finishing
4. Lack of commercials in the vicinity apart from the commercial here that will be completed way after trio VP.

Honestly all the high-rise in south klang is overpriced apart from some VPed developer units in Lead.

Perhaps this trio need another 10+% to clear those tonnes of unsold units.
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If the rebate is really huge, then might consider. After the pandemic end, property price might go back up ?
Babizz
post Dec 6 2020, 07:51 PM

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QUOTE(maruteamatklang @ Dec 5 2020, 11:26 PM)
If the rebate is really huge, then might consider. After the pandemic end, property price might go back up ?
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agreed on the rebate level. many good deals out there. need to find new projects that are reflected to the current pricing level.

Prices may normalize but depends on the project. At current price this one won't really appreciate 😂

This SPS never really price this trio to reflect the 780+ units n lack of commercials within walking distance. But rental will be very liquid here n it's nothing to do with LRT.

This post has been edited by Babizz: Dec 9 2020, 09:36 PM
Babizz
post Feb 21 2021, 12:07 PM

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Many old and very interesting comments on the rental demand in pahsang. A quick call to agents and iproperty data below on FF rental will yield interesting results. Friends who have purchased and FF their units in Impiria and Gravit8 are seeing decent returns despite the pandemic.

https://www.iproperty.com.my/rent/serviced-...ence/?q=Gravit8

https://www.iproperty.com.my/rent/serviced-...ria%20Residensi

QUOTE(gks @ Jul 13 2016, 07:25 PM)
How much rental can be commanded in Klang?
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QUOTE(gks @ Jul 13 2016, 10:53 PM)
It is not hard to gauge. Because not much of demand lol.

Local pahsang prefers to stay in landed and until recently, just few high rises been built and primarily near the hokkien association there.

This TRIO land... it was been on hold for so long simply because no demand. Now SPSetia wan to relaunch due to the catalyst from LRT3.
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QUOTE(Babizz @ Jul 14 2016, 12:00 AM)
There has been 0 high end condo in klang and suddenly many are sprouting around bukit tinggi area like the lead trio gravit8.

Last time, many low end condo in bayu perdana area and north around hokkien association.

Many young pasang are interested in highend lifestyle living hence the BBB mode for Lead near many premium retail offering in bbt2 n botanic. I still think rental able to cover 70% of installment fr lead but supply is very HIGH and stiff competition will persist when all this highend condo VP in 2018-2020.
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QUOTE(gks @ Jul 14 2016, 03:24 AM)
What is your rational of above? First of all, pahsang is consist of factories and SME industries where most workers are not exactly highly paid. Who will buy all these high end high rises or rental from investors/ landlords? As you mention, not a single highend highrise so far in pahsang.

Some of the better and proven location also struggle to breakeven. Even is SPSetia wants to sell at RM500psf, good luck to the buyers if they plan to buy for investment.

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QUOTE(Babizz @ Jul 14 2016, 07:37 AM)
Just because no highend highrise so far, doesnt mean market wont make it. For rental, shld be kids and also logistic company staff. Rental of landed n apartment in this area is liquid and reasonable.

How many new highend condo can breakeven? like i said, INVEST with CAUTION!

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QUOTE(BEANCOUNTER @ Jul 14 2016, 09:35 AM)
Sell well doesnt necessarily translate into good rental demand and subsale apreciation.
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QUOTE(Rinth @ Oct 29 2020, 06:07 PM)
Yea, heard from 1 of the agent that their team rented out 60-70 units since vp, which within 10 months, 7 months is MCO period, which is quite impressive. Gravit8 is suitable for people that work at pulau indah , port Klang, telok gong area, as it have direct access to kesas, compare with The lead, though lead demand is strong too since it have access to aeon mall.
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QUOTE(Babizz @ Oct 29 2020, 06:15 PM)
and this is just 1 agent group. the other agents said very low supply of units now. when driving by i saw many lights on. in terms of the product, gravit8 is very nice. quite a lot ownstay also. 2 more blocks VP next year.

The lead FF demand from expats in klang n Port klang is very strong. I know of fully furnished 3+ rooms renting out for 3-3.5k+. Lead also has many shops in the landmark to access.

Soon Remia residence will VP but mostly for ownstay just like Trio.
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QUOTE(-CoupeFanatic- @ Feb 8 2021, 12:42 AM)
Really happy to see this project outperformed expectations. Their rental market seems to be strong somehow. Klang area considered very good return already.
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QUOTE(-CoupeFanatic- @ Feb 8 2021, 11:33 PM)
Didn't know that this area can fetch such rental prices, saw those rental units are going for about RM2psf/month. Good for the owners, many areas in subang / pj can't even get this kind of yield.
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QUOTE(Babizz @ Feb 10 2021, 04:41 AM)
Some nicely furnished units rented out at 2.40+psf while 2.70++psf in Impiria. Unsure of whether this trend will stay with many newer condos but I was wrong on gravit8 so far.
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wonderking
post Feb 21 2021, 05:18 PM

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but klang project with price so high ...isnt it worth ?

Babizz
post Feb 22 2021, 08:09 AM

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QUOTE(wonderking @ Feb 21 2021, 03:18 AM)
but klang project with price so high ...isnt it worth ?
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Recently they were offering very good rebates. Now maybe slightly more worth it. Last time if buy sure lose $$$$$

However, trio specs is quite low and need $$$ to fully furnished.
focusrite
post Mar 5 2021, 10:36 AM

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QUOTE(wonderking @ Feb 21 2021, 05:18 PM)
but klang project with price so high ...isnt it worth ?
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better wait for lelong
kiwiuno
post Apr 20 2021, 05:14 PM

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https://www.facebook.com/MasjidJamekCinaMuslimKlang/
kiwiuno
post Apr 20 2021, 05:23 PM

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any advice??

pooi_pooi1
post Jun 29 2021, 05:54 PM

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QUOTE(kiwiuno @ Apr 20 2021, 05:14 PM)
Residents of Trio will get a nice view of the beautiful mosque
sama_kun
post Aug 1 2021, 07:01 PM

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For those who put LRT3 as factor Trio is the best location in Klang. Trio located next to Lotus's Supermarket and LRT Klang Jaya station with walking distance about 200meter. But it really packed and i doubt theres park nearby unless walking to Klang Jaya recreation areas. Imperia has similar issues.

Unless those not a problem Maple Residence, Gravit8 provided nicer park but not walking distance to LRT.
irasrul
post Aug 7 2021, 11:13 PM

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QUOTE(surf-it @ Aug 11 2020, 06:07 PM)
can pm me for referral if required, u take the higher portion
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Already get your referral partner?
calvinyeap
post Oct 11 2021, 04:35 PM

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This post has been edited by calvinyeap: Oct 11 2021, 04:35 PM
Ron4378 P
post Oct 21 2021, 10:48 PM

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plan to buy a unit here.
anyone purchase here before?
wanna be my referral and share the portion?
Thesan P
post Feb 17 2022, 11:49 PM

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QUOTE(Ron4378 @ Oct 21 2021, 09:48 PM)
plan to buy a unit here.
anyone purchase here before?
wanna be my referral and share the portion?
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I have bought a unit at Trio. I can be a referral. Whatsapp me at 0163395657


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