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 EcoSanctuary @ Canal City *version 3a*, 308acres township by Ecoworld

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post Jul 5 2020, 12:10 AM

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QUOTE(propertyowner @ Jun 22 2020, 07:24 PM)
should budget this to be 900k+ instead as they have flex designs to choose from.

the show unit is located inside Eco Sanctuary Mall, level 2.
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Guys what do you think about sencilla?? Any honest thoughts?

800k for thAt area
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post Jul 6 2020, 12:12 AM

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QUOTE(kw @ Jul 5 2020, 09:38 PM)
IMO, the design is good if only the house has width of at least 24 ft & above. With only 20 ft width, the open air design will eat up the house built up, which it'll only remaining 16ft (or 18ft) width for almost half of the house only.
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if i am not mistaken the garden already took up 5ft out of 24 ft. so left 19ft to work with.

and 60ft is a bit short as well in my opinion. hahaha the price is a killer though.
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post Jul 6 2020, 12:27 AM

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QUOTE(propertyowner @ Jul 6 2020, 12:16 AM)
That is the fair price by EW I guess. You are buying a 20x60 built up space for 600k (even  IJM Starling is more expensive than this) and another 200k as premium for extra land.

Nothing comes free and nothing comes really cheap.
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do you think it is a good buy for investment?? I am contemplating and i dont see that area will be fully developed in another at least 5- 10 years.

whats your take on it?
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post Jul 6 2020, 09:25 AM

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QUOTE(propertyowner @ Jul 6 2020, 12:38 AM)
This area is going faster than expected in terms of maturity. Just assess what had changed in the last two years then you'll get better picture.

"Fully developed" is a broad term and you need not wait till end of the day, as there is always rooms for developments even in the city.

EW products r considerably targeting niche segment however for this Sencilla, I don't think it is overpriced if you made comparisons or benchmark with Tropicana Aman, 257 and even IJM Rimbayu.

Whether it is good buy for investment - Just ask back yourself, is there any EW township projects able to give good returns in last 5 years (since you can't wait for 10 years)??
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I see. I am actually wanting to get my first property to stay for this sencillia because the green concept by ECO never goes wrong but the monthly repayment around RM 3.4k is a killer to my cashflow. By then, i dont even think I will have any savings for rainy days.

Sad sad.gif
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post Jul 6 2020, 09:26 AM

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QUOTE(WahBiang @ Jul 6 2020, 08:33 AM)
Why not getting tropic subsales, i think below 750k can get more decent size than this? If 4ft land worth 200k premium, then does it mean 24ft wide (just land) then can sell 1.2mil aldy? If can, then u may buy and sell just the land.

Also, did the surrounding price gone higher than launching? If no, still okay to invest? Assume need hold 5yrs with pure negative cashflows, can you tahan??
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hmm not sure about that but i know the negative cashflows will impact my savings..which means i will have no savings but just to pump into this sencillia house hahaha GG
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post Jul 6 2020, 11:28 AM

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QUOTE(chainyong @ Jul 6 2020, 10:13 AM)
This sencilia monthly maintenance fee is RM 395 + 10% sinking fund, and only provide gym facility without swimming pool, i can see it less potential to appreciate in coming few years.

You can refer to Tropicana subsales, nice and big unit, only RM 750k, because the monthly maintenance fee suppress the transaction. Unless you really buy for own stay, for investment it will negative return in coming few years.

This area is very potential to growth, the higher selling price filter out the weak financial buyers, this community will be averagely higher income except the some of the rumah selangorku owner, with two shopping malls, future commercial park by IJM, and easy access to Elite highway, it is similar to the previous Puchong, just Puchong that time is not a modern and updated planning township and the house is much cheaper than here during launching.

However, if your cashflow is really tight, no point to buy a house with Higher commitment, for own stay you really need a high commitment house? I know ecoworld is really good in township planning.
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Tropicana subsales? Which project are you referring to? Sorry I am a bit new to property as I am sourcing for my first unit.

I actually went to the dog friendly park at Quayside mall over the weekend but it seems inferior to the old desa Park City waterfront.

Or maybe I should save up to see any good sub sales at PJ area which is more ideal....hmm...
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post Jul 6 2020, 11:31 AM

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QUOTE(wong8981 @ Jul 6 2020, 10:13 AM)
it seems like you understand well the offered concept, but the cash flow concern is holding you back which is more personal reason that you will need to think deep.
everyone has different plan, for your case your are saving for rainy day where others may be has goes after lifestyle, etc..
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Yeah agreed. I am currently renting at PJ. But these days I think people would feel like since it is so expensive to own a property . Might as well just rent until you leave this world.

But you will have no sense of security, if one day owner don't want to continue with the rental then you got to shift house all the time. Quite tiring at times lol
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post Jul 6 2020, 11:32 AM

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QUOTE(MeToo @ Jul 6 2020, 10:54 AM)
Landed investment in that area.. is tricky..

You should make a research of the landed houses in KK, for me its an unattractive investment
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Maybe investment wise no.... Mostly I think the buyers are purchasing for own stay.

The SA told me alot of buyers of sencilla are parents who buys for their kids. So niceeeeeee haha
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post Jul 6 2020, 01:13 PM

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QUOTE(chainyong @ Jul 6 2020, 12:57 PM)
Tropicana Arahsia Residences, you can search from iproperty, got unit want to let go at RM 720k.

But it is just 400m away from high tension cable, some people dont like it.
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that is quite close... actually does it matter as to high tension cable.... I did some research but it is not really proven that it causes direct harm to humans.

i saw some other properties near to high tension cable, usually on the cheap and want to sell as well..not sure if it is a good idea to stay there long term.
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post Jul 6 2020, 02:29 PM

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QUOTE(wong8981 @ Jul 6 2020, 02:16 PM)
myself avoid, personal preference.
there are many new township, have you seen any ?
1. canal city (you have surveyed, why here)
2. rawang/ijok
3. semenyih
4. along elite highway
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Noted with thanks, actually I am still not keen on canal city. I think it would be better to get a sub-sale in PJ. used to the convenience actually. haha
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post Jul 6 2020, 02:40 PM

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QUOTE(MeToo @ Jul 6 2020, 02:34 PM)
Location wise ofcourse PJ better then Canal City.

But for me, I cannot get a relatively large Semi D with guarded/gated environment in PJ at these prices...
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AGREED! hahaha so mind me asking, where are you staying now??? when i think of the traffic from rimbayu to PJ can bangwall.gif bangwall.gif bangwall.gif
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post Jul 6 2020, 03:26 PM

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QUOTE(MeToo @ Jul 6 2020, 02:54 PM)
I think you can get form KK to MV in around 35 minutes.
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during peak hours??
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post Jul 6 2020, 03:29 PM

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QUOTE(propertyowner @ Jul 6 2020, 02:59 PM)
yeah in that case better not to stretch beyond the limit, altho it fall under your liking now. try improve the savings or active income financially over next 2-3 years to offset from the selling price (or get FAMA soft loan/support if they are able to help partially).

not to forget the monthly repayment is estimated for the lowest interests/entry over a decade, you got maintenance fees to pay and other misc/indirect costs to make or sustain it as decent home also to hedge you from disposing it urgently.

otherwise just shop around in current economic situation that matching your current budget, be it within or outside of Canal City. for 1st house it definitely worth the wait.
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thanks for the heads up. i guess i will wait and see now...cash is king during these times
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post Jul 6 2020, 03:31 PM

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QUOTE(propertyowner @ Jul 6 2020, 03:02 PM)
400m is actually quite some distance away. you may also imagine the upcoming Seruang by EW is about 500m by absolute distance from the stretch of HTC.

Sunway SPK besides DesaPark is 300m apart from HTC but for landed you got no feeling as it is not directly visible (compared to higher floor in condos), and I don't see its price or sub sales being affected by that.
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hmm... i learnt something today. hahaha thanks for the comments.

At first was interested in Seruang, but i think landed property would be better in KK area / Rimbayu area.
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post Jul 6 2020, 05:44 PM

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QUOTE(Ekash @ Jul 6 2020, 05:26 PM)
If you look into other project, for e.g. KLTS gombak, unit that facing HTC is priced cheaper, and unit which facing it and nearer is also even cheaper than those facing the other side...
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yeah thats what i saw too when i am looking at sub sale....
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post Jul 6 2020, 05:45 PM

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QUOTE(jeffboon97 @ Jul 6 2020, 05:03 PM)
Correct, buying condo/serviced apartment in that area is a bit pointless.  doh.gif
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but i think seruang at 1000 sqft less than 400k is something that we cant find in PJ, SJ, KL area. lol... maybe what i can think of is people who are from KK or Klang would be happy to stay there because of familiarity and proximity.

This post has been edited by BacktoBasics: Jul 6 2020, 05:46 PM

 

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