Eupe acquires Seputeh land for third project
By By Joseph Wong | Friday, 11 Apr 2014, 12:12 AM
http://www.focusmalaysia.my/Assets/Eupe-ac...r-third-project

With two condominium projects valued at a combined gross development value (GDV) of RM710 mil set to start this year in Bangsar South and Cheras, both in Kuala Lumpur, Kedah-based Eupe Corporation Bhd is looking to boost its presence in the Klang Valley by acquiring more land, in Seputeh, for its third project.

Plans for the high-rise project are yet to be finalised but the property developer, one of the biggest in the northern state, will unveil them later in the year.

“The acquisition cost was RM46 mil and [the land] is in Taman Seputeh, near Mid-Valley Megamall,” says group managing director and CEO Datuk Beh Huck Lee.

“It will be a high-rise development but we’re still looking at the potential of the project. We are going through the relevant processes and will be able to provide more information only later in the year,” he says.

The construction of Eupe Corp’s other two properties, the RM450 mil Resonance at Bangsar South and the RM260 mil Weave at Cheras, is to begin this quarter.

The Seputeh property will be developed at a later stage but, if it is anything like the first two projects, it will be Eupe’s trademark liveable community with modern amenities.

50-storey inclusive carpark podium and villas: 371 units

50-storey inclusive carpark podium: 373 units

2-storey villas: 17 units

3-storey villas: 111 units

Location

Location

Do they have any completed projects so far?

Another aset kayamas?

Do they have any completed projects so far?

Another aset kayamas?

Wow, must buy if the developer can execute it. Taman Seputeh is one of the finer location that you know it will age and appreciate like a Chateau Lafite.

Wow!!!!

The type of development is Serviced Apartments and Villas. The average selling price
per unit are RM470,000 and RM700,000.

aaron1717 The news is legit, no denying that, but the name of that news source, Chicken News, comes across as some some entertainment or a satire news site like the Onion.

But back at the topic at hand. When I visited the site last week and a few weeks before, I still see a DBKL notice that it is DBKL land and trespassers will be prosecuted. Wonder if they'll pull down that sign once the project launches. 🤔

Nor a easy walkable to MVC...

kena fly bang... or developer build link bridge... alot projects in seputeh also not walkable to MV... but USP always use MV... lol

It's actually possible to walk across to the flyover connecting to the Federal Highway (towards PJ) and Entry B and C of Midvalley/Gardens on the same road connecting this project and Setia Sky Seputeh. Just that safety-wise, it's a risk to cross it towards the proper pedestrian pathway on the other side (which connects to the MidValley KTM station) as many cars tend to drive fast around that bend in/out of MidValley City.

I lived around there for 5+ years and back then, the road was level with that flyover before SP Setia started constructing the latter project and widening (plus lowering) the roads and extending an access towards the shoplots at the bottom of the hill. How time flies...

around how long would it take to walk? although its maybe dangerous... but this is a very good selling point though...

Are you kidding... You try to walk from old klang Road to MVC.... Many won't get second time after tried...

around how long would it take to walk? although its maybe dangerous... but this is a very good selling point though...

Are you kidding... You try to walk from old klang Road to MVC.... Many won't get second time after tried...

To MV? Around 5 or 6 mins if you walk from the Setia Sky Seputeh to MV directly or 500m. You'll see some steps when you drive into Jln Tmn Seputeh 1 where the former project is situated. The left curve goes towards some landed houses, the Sri Seputeh Condo and this project.



Old picture of same junction in 2013



The 2nd picture was what it looked like before Setia Sky Seputeh started construction and the developer modified the road there.

Do bear in mind that many folks also park their cars and walk to MV directly to skip paying the parking fee, even after SP Setia completed their roadworks there.

thanks bro for the sharing... so this is real seputeh already since walkable to MV... compare to those Seputeh within OKR.... 

Looking forward to see what this new neighbour of mine looks like.

u at seputeh permai right ?
what's the maintenance rate like ?

so close to KTM and ERL like Menara Seputeh not noisy ?

Nope. I'm currently staying at Robson Condominium on the opposite side. Maintenance is RM 430.70 for a 1,414sf unit.

It will surely be noisy, but you can't beat the close proximity to the KTM station, and with the MyRailtime app which is available for both iOS and Google Play Store, it makes commuting on the KTM more bearable as it shows the time the train will arrive at the station.

people move out because of the noise also is leasehold maybe seputeh permai is a better option

Not trying to downplay this, but there are also other reasons why people move out of such condos. Sometimes they also want to upgrade to a better dwelling elsewhere, return to hometown or home country, cannot stand bad neighbour(s), etc.

Even at my condo I see some people moving out and newcomers moving in and commence their renovation. And so far I have no issues staying in this condo aside from the part that it isn't close to any public transit stations whatsoever.

Saw this in their webpage :

Covered Walkway
giving you direct access
to Mid Valley City
& KL Eco City

Can believe or not?

There is a covered walkway going to MidValley, true, but it's along the ramp exiting from Jln Syed Putra heading towards the PJ/OKR/Salak highway direction after the Petron station. It doesn't connect to the other side of the road towards that neighbourhood where Setia Sky Seputeh is, let alone that old Sri Seputih condo that's sharing the same road as this project. Besides, it's been there for many years already, long before this project and Setia Sky Seputeh was launched.

So you can say that they are telling the 'truth', but not in its entirety. And based on their previous projects in KV such as Novum and Parc3, I don't recall them ever doing covered walkways and such towards a popular amenity or a public transit station.

i really don't see the appeal of being close to MVC if you aren't able to easily walk over

There is a covered walkway going to MidValley, true, but it's along the ramp exiting from Jln Syed Putra heading towards the PJ/OKR/Salak highway direction after the Petron station. It doesn't connect to the other side of the road towards that neighbourhood where Setia Sky Seputeh is, let alone that old Sri Seputih condo that's sharing the same road as this project. Besides, it's been there for many years already, long before this project and Setia Sky Seputeh was launched.

So you can say that they are telling the 'truth', but not in its entirety. And based on their previous projects in KV such as Novum and Parc3, I don't recall them ever doing covered walkways and such towards a popular amenity or a public transit station.

Appreciate your taking the time to clear my doubt

The way they put it as though they are going to build(coverd walkways) one lol.

The developer just doing pocket development... dun expect too much from them..,.

Well, you can still walk over to MVC, just that you'll have to contend with the busy ramp from the Fed. Highway/Jln Syed Putra or the other alternative is to walk a bit further along the Jln Bukit Raja road towards the shoplots where 99 Speedmart is. There is a bus stop across the road and a covered walkway which goes towards the stairs that links to that exact same covered walkway on the ramp.

I probably bet that Setia Sky Seputeh folks will also do the same if they want a somewhat safer walk there, unless SP Setia is willing to build a covered walkway from their project (or outside of it) towards that ramp. From my last visit to their sales gallery when it was still at the Setia International Centre on their KL Eco City plot, the sales staff didn't mention anything of the sort. Just advertise that it's 'walking distance' to MVC.

Well, you can still walk over to MVC, just that you'll have to contend with the busy ramp from the Fed. Highway/Jln Syed Putra or the other alternative is to walk a bit further along the Jln Bukit Raja road towards the shoplots where 99 Speedmart is. There is a bus stop across the road and a covered walkway which goes towards the stairs that links to that exact same covered walkway on the ramp.

I probably bet that Setia Sky Seputeh folks will also do the same if they want a somewhat safer walk there, unless SP Setia is willing to build a covered walkway from their project (or outside of it) towards that ramp. From my last visit to their sales gallery when it was still at the Setia International Centre on their KL Eco City plot, the sales staff didn't mention anything of the sort. Just advertise that it's 'walking distance' to MVC.

Where is the access road for this project?

I am curious to find out too, cuz it will mean them have to 'cross' the KTM track!

Anyway, let me know if you are keen to be updated with this project info, I am in discussion with developer, should be involved with the marketing of this project when its going to be pre launched.

Yeahh access road will be interesting. I wonder if residents going to protest if access via Taman Seputeh 2 road as density is high (1k units)...

Last I checked, it's supposed to be 873 units based on their latest news dated over a year ago (link).

But I wouldn't be surprised if they link up with both the Taman Seputeh 1 & 2 roads together. As for protests, don't really recall anyone kicking up a fuss when Setia Sky Seputeh started construction. Neither did anyone kick up a fuss when the older condos like Sri Tiara, Seputeh Permai and Sri Langit were constructed either.

There was an older article in the Star where the residents there were interviewed many years back, but the most they did was to express their concern on the rapid development, but other than that, they didn't scream 'overdevelopment' like what the Tmn Desa and TTDI folks are previously (and now) doing.

I heard SP Setia wanted much higher density but was not approved by DBKL. So they had to change strategy to more 'high end'

It begs the question on how this project managed to be approved with a higher density while SP Setia's Setia Sky Seputeh can't.

I mean, the latter isn't located deep inside a cluster of landed houses or two but more to an intersection between a main road and a residential road. Besides, their land plot is much larger than this project.

https://www.edgeprop.my/content/1331912/kep...-dbkl-land-sale
Number 17
The parcel is allegedly (from the news) part of controversial land deals done by dbkl last time without open tender.

So who knows. There is no logic in malaysia

Received this from the dev today

Not gonna cheap but kinda expected for the location. I expected too much thinking its gonna be 600+ / sqft

i dunno.. i feel it is overpriced for that location, especially if there is no change to the existing access. Imagine having to drive past the houses and Setia Sky (?)... with 1 lane in and out gonna be hell if ppl start dbl parking

800 psf honestly speaking is reasonable guys... but then hopefully the developer will throw in rebate to make it 7xx psf then is perfect, this project will sell like no time

not to mention Seputeh will achieve city centre status in the future (has been earmarked)

I don't think they can link up 1 with 2 and 4 unless they remove the corner houses there

RM800 psf very decent price...

Possible entrance from the latest adv picture, bypass those taman roads.
RM800/psf is okay considering it is near to ktm track.

Any update on the sales package and launching?

Been seeing their active ads on FB of late . Looks like the launch will be soon as mentioned by The Edge.

Price PsF 800?