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Investment ViiA RESIDENCES | KL ECO CITY | SP SETIA, By SP Setia

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chongmelvin2238
post Jul 19 2016, 10:48 AM

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which type and which facing you booked? reason for this unit?
chongmelvin2238
post Jul 19 2016, 01:37 PM

On my way
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QUOTE(BEANCOUNTER @ Jul 19 2016, 01:31 PM)
please be mindful that airbnb is banned under DBKL if the property is under residential title.
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this is under commercial or residential? what is the utilities rates like? half hotel (for sure commercial), half residential..?
chongmelvin2238
post Jul 19 2016, 05:04 PM

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QUOTE(gst1209 @ Jul 19 2016, 04:35 PM)
625 sqft x 1600 psf = 1m

how many years to recover 1m ?
assuming every month generate 6k rental. require approximately 14 years to recover 1m (not including interest)

1m investment workable ?
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Do not concern much about number of years to recover. A 650 sqf unit = 1m x 4.5% p.a = monthly 3,750 + 390 maintenance (0.60 sen psf)

That's a break-even-rental RM4,140 for 1 bedroom unit with standard Setia freebies (not fully furnished).. Is it doable?
Perhaps if all those offices are taken up, maybe there is a chance.
chongmelvin2238
post Jul 19 2016, 07:58 PM

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QUOTE(propusers @ Jul 19 2016, 06:32 PM)
after choose 10:90 scheme, got additional discount? if no discount mean have to fork out 100k for first 10%.
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My guess is discount will be given but only during VP..
existing setia buyer will entitle 1% off under their scheme right?
chongmelvin2238
post Jul 20 2016, 10:11 PM

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652 sqf unit is nice if face south / federal highway. Facing north is direct facing office block.

I think their 1+1 800 sqf low floor is better becoz half of the block in hotel. Meaning each floor only 6 units. High floor is 14 unit per floor.
chongmelvin2238
post Jul 23 2016, 12:43 PM

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They are having Raya event today. Chef Wan demo cooking.
Lunch provided and not bad from the looks of it.

Showroom open for viewing. Not as impressive as BBCC show room. I prefer BBCC ID more.
Not much promotion. Only 1% early bird and 2% rebate during VP and 2% loan incentive (if secure loan within 30 days after signing SPA).
Overall max 5% discount. 1% initial and 4% VP
Selling price 1500 psf before discount for low floor 1+1 bedroom type.


chongmelvin2238
post Jul 28 2017, 06:25 PM

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QUOTE(jrshow @ Jul 28 2017, 05:34 PM)
that really crazy..keep on building high rise with price on 1 M, to do AirBNB..?
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Airbnb should be ok since it's same building as hotel. As Long as price cheaper than hotel. Fear is no hotel operator take up and Setia will eventually convert it back to residential..



 

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