QUOTE(leyhay @ Oct 16 2020, 01:12 PM)
Oh damn, how much effect would it have on the property?Investment SUNWAY SERENE @ KELANA JAYA, Enriching Lakeside Waterfront Living
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 Oct 16 2020, 03:33 PM
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15 posts Joined: Apr 2014 
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Oct 16 2020, 03:33 PM
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1,661 posts Joined: Jan 2003
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QUOTE(leyhay @ Oct 16 2020, 01:12 PM) sad no more mini township d...but its not signed yet maybe to make Sunway Gan jeong haha |
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Oct 16 2020, 04:06 PM
Show posts by this member only | IPv6 | Post
#863
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Junior Member
296 posts Joined: Aug 2012 From: Subang Jaya  
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QUOTE(yeowwwai @ Oct 16 2020, 03:33 PM) Oh damn, how much effect would it have on the property? Wow this is actually huge news. First of all, Sunway didn't really promise a township or the acquisition of the WD land.  Next thing is, I believe at already such a steep price, many would change their mind cause who would want to stay opposite of a factory? God knows what the future factory will produce/manufacture and cause what sorts of pollution. Not to mention probably an increase in traffic for factory workers as well as transportation of goods in and out of the factory. Either Sunway build some sort of barrier (won't do much tbh) or significantly lower their price. This puts Sunway in a really tough spot because I believe they are targeting own-stay buyers, and own-stay buyers colanfirm would not want to stay opposite of a factory unless sold dirt cheap. God knows what will happen to the lake too if a factory is built so close to it. |
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Oct 17 2020, 12:50 PM
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Junior Member
57 posts Joined: Mar 2007
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If your house is not in a mature estate, it's very hard to predict what's going to happen to the land around you. For this case, the wildcard is who will be taking over the factory and what they will do with it.
I am afraid that the value of Sunway Serene will be at risk in the near future. |
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Oct 17 2020, 12:59 PM
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257 posts Joined: Sep 2016
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QUOTE(westthen @ Oct 16 2020, 03:33 PM) sad no more mini township d...but its not signed yet maybe to make Sunway Gan jeong haha QUOTE Taiwan’s Wistron Corp to buy Western Digital PJ factory Vasantha Ganesan/theedgemarkets.com October 16, 2020 12:04 pm +08 KUALA LUMPUR (Oct 16): Taiwan Stock Exchange-listed Wistron Corp, a global leader in state-of-the-art design, manufacturing, services and systems for information and communications products, is expected to ink a deal soon with Western Digital (Malaysia) Sdn Bhd to purchase the latter’s factory located in Sungei Way Free Trade Industrial Zone, Petaling Jaya. Sources say the deal, which comes one-and-a-half years after the asset was put up for sale in the market, may be done for between RM100 million and RM150 million. It is learnt that the site will not be redeveloped. Instead, Wistron, which currently operates a facility in Klang, may commence a new business on the site. Wistron, a US$29.2 billion company, was formed in May 2011 as a separate company from Acer to hold and operate certain businesses formerly engaged in by Acer’s design, manufacturing and services division. |
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Oct 17 2020, 01:59 PM
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1,661 posts Joined: Jan 2003
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QUOTE(leyhay @ Oct 17 2020, 12:59 PM) |
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Oct 17 2020, 02:11 PM
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1,661 posts Joined: Jan 2003
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QUOTE(infernape772 @ Oct 16 2020, 04:06 PM) Wow this is actually huge news. First of all, Sunway didn't really promise a township or the acquisition of the WD land. Actually the factory was already there and still manufacturing when they first launched it in 2018, pretty sure already factored in. Although it definitely will be a negative point having a manufacturing factory next to it.Next thing is, I believe at already such a steep price, many would change their mind cause who would want to stay opposite of a factory? God knows what the future factory will produce/manufacture and cause what sorts of pollution. Not to mention probably an increase in traffic for factory workers as well as transportation of goods in and out of the factory. Either Sunway build some sort of barrier (won't do much tbh) or significantly lower their price. This puts Sunway in a really tough spot because I believe they are targeting own-stay buyers, and own-stay buyers colanfirm would not want to stay opposite of a factory unless sold dirt cheap. God knows what will happen to the lake too if a factory is built so close to it. But there there is still a big NXP semiconductors down the road. Also the lake was there for ages now it has been fully restored, previously when it was still WD parking it was a known hidden fishing spot. https://sivakumarkulendran.wordpress.com/20...estern-digital/ |
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Oct 17 2020, 11:54 PM
Show posts by this member only | IPv6 | Post
#868
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Junior Member
132 posts Joined: Aug 2019
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Don’t see what the big hoo-haa over the WD land is all about. Like, let’s ignore the WD factory for a sec. People who’ve bought serene (myself included) should be well aware that there is a huge industrial FTZ zone next to the serene development. Even if sunway buys the WD land, that industrial and FTZ area is still there, there’s still other factories in that area, so technically serene buyers are well aware that they’ll be living next to an industrial area. If WD land continues to become a factory - no big deal, as there’s also other factories in the FTZ area too, they’re not going away soon anyway. If sunway buys WD land, that’s a great surprise, but it still doesn’t change the fact that there are still other factories in the FTZ land. No matter who buys the WD land, fact is - serene will always be next to an industrial zone. That’s a fact that all serene buyers should be aware of an have accepted it. chittyserv, ParkBoGum, and 1 other liked this post
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Oct 18 2020, 09:54 AM
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1,296 posts Joined: Nov 2019
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Sunway itself also no money already.. Rights issue coming
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Oct 18 2020, 11:45 AM
Show posts by this member only | IPv6 | Post
#870
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Junior Member
982 posts Joined: Apr 2008
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QUOTE(yeowwwai @ Oct 16 2020, 03:33 PM) Oh damn, how much effect would it have on the property? Understand from owner's stay point of view but from an investing point of view I thought this is good. |
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Oct 18 2020, 07:11 PM
Show posts by this member only | IPv6 | Post
#871
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Senior Member
4,230 posts Joined: Jan 2009
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Sunway Serene is more for own stay, not for investment. Period. chittyserv liked this post
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Oct 18 2020, 08:33 PM
Show posts by this member only | IPv6 | Post
#872
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Newbie
44 posts Joined: Jun 2011
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Question is who will be maintaining the lake? Was it under the management fees of Sunway Serene or Sunway own initiative? For how long? Or under MBPJ?
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Oct 19 2020, 07:48 AM
Show posts by this member only | IPv6 | Post
#873
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All Stars
12,526 posts Joined: Feb 2013
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Maybe can get better rebate after this
 this project only OK for ownstay. If one is OK with SSQ can explore subsales. I've seen a few very good deals over there. This post has been edited by Babizz: Oct 19 2020, 07:49 AM |
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Oct 19 2020, 09:46 AM
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Senior Member
1,237 posts Joined: Dec 2005
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QUOTE(Babizz @ Oct 19 2020, 07:48 AM) Maybe can get better rebate after this What is SSQ? this project only OK for ownstay. If one is OK with SSQ can explore subsales. I've seen a few very good deals over there. |
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Oct 20 2020, 12:54 PM
Show posts by this member only | IPv6 | Post
#875
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All Stars
12,526 posts Joined: Feb 2013
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QUOTE(chittyserv @ Oct 18 2020, 07:46 PM) What is SSQ? Sunway south quay. If one is working in KL that area maybe better to hit straight into town via the npe. |
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Oct 20 2020, 09:52 PM
Show posts by this member only | IPv6 | Post
#876
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Junior Member
257 posts Joined: Sep 2016
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QUOTE(westthen @ Oct 17 2020, 01:59 PM) Western Digital had appointed Knight Frank Malaysia as its exclusive agent to handle the marketing and sale of the site. Knight Frank’s executive director Allan Sim declined to comment when contacted to confirm the deal and the details. https://www.edgeprop.my/content/1751856/tai...ing-edge-reportMystery solved comfirm oledi. Huatt ah! |
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Oct 21 2020, 10:41 AM
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Junior Member
411 posts Joined: Jan 2018
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QUOTE(leyhay @ Oct 20 2020, 09:52 PM) https://www.edgeprop.my/content/1751856/tai...ing-edge-report What's so huat about the news? You like to live next to a semiconductor manufacturing plant? Mystery solved comfirm oledi. Huatt ah! The only upside to this news is there may be some rental potential for the Taiwanese expats that may relocate near to their new factory which may or may not be good news for own stay residents. It was with high hope that Sunway will take over the whole FTZ and redevelop it. sigh. This post has been edited by kimzee: Oct 21 2020, 10:46 AM |
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Oct 21 2020, 11:21 AM
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Junior Member
257 posts Joined: Sep 2016
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QUOTE(kimzee @ Oct 21 2020, 10:41 AM) What's so huat about the news? You like to live next to a semiconductor manufacturing plant? Huat for investment maybe not so huat for own-stay. I no say good or bad ya. U said if oledi no more guess whats in future next door and maybe can get ready expat tenants suppy one. Just imagine co-living, co-activities, nice environment leh. The 900 type maybe can become 3/4 bedrooms. Think Big ma.The only upside to this news is there may be some rental potential for the Taiwanese expats that may relocate near to their new factory which may or may not be good news for own stay residents. It was with high hope that Sunway will take over the whole FTZ and redevelop it. sigh. |
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Oct 21 2020, 03:18 PM
Show posts by this member only | IPv6 | Post
#879
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Junior Member
191 posts Joined: Jan 2012
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Buyers will always complain everything not enough
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Oct 21 2020, 07:33 PM
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2,566 posts Joined: Oct 2017
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QUOTE(kimzee @ Oct 21 2020, 10:41 AM) What's so huat about the news? You like to live next to a semiconductor manufacturing plant? WD and this Taiwan factory is about same industry and setup. Ntg exciting nor disappointing.The only upside to this news is there may be some rental potential for the Taiwanese expats that may relocate near to their new factory which may or may not be good news for own stay residents. It was with high hope that Sunway will take over the whole FTZ and redevelop it. sigh. |
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