Are u serious?

You might have a neighbor houses who renting out to 10+ worker in a unit..

The big deal was suppose to be regazette and rezoning from light industrial to mixed commercial zone which fail back 2016 due to MBPJ and Selangor government with PPP development to kick place into it

Most buyers who bought into Serene are duped into clean, relax and lifestyle when the fact traffic is gonna be even crazier when Wistron kicks in place into their redevelopment of the project so a lot of factors in place hence fear happens flippers game the market

Expat potentials to rent will not happen as Wistron is localised workforce hence appreciation will not be there for Serene due the land status long long time ago which sorry to say suckers got duped into it

Just like another soon to be Icon City wannabe

Hi does taikos here how the Sunway Guaranteed Loan works ar?
Anyone took this loan with Sunway mind to share how it works?

Thinking about it, this could be one of the reason why suddenly GRR was offered.

like that also consider lakeview, so far from the lake, near pylon some more

Dun la simply assume Sunway's intention to dupe their buyers when they develop this parcel of land.

They may have some well planned intention for this development, only now some event like covid19 threw a wrench into their plan.

Not dupe but when the project was launched in 2017 there was a lot of unanswered question from those seasoned buyers which ultimately pull out hence the project was in limbo as the completion was supposed to be done in 2020

Don’t blame COVID20 when their plans gone awry since 2018 and now with the so called GRR and Houzkey with leasehold status hence with their pricing the project is doom to failed from day 1

Entry and exit into the area is bad coupled with the interchange during peak it is a mess, land status leasehold and coupled with commercial rates for utilities because it is still considered as industrial unless upon completion it is able to convert into housing status

The red flag was already shown since MahSing super ambitious IconCity which doom to failed from end 2018 which commercial lots are still stagnant 2 years from now

You seriously need study on why some property works and some not because ultimately Masterplan and project timeline completion are key for property appreciation especially new parcel of land coupled with catalyst from neighbourhood infrastructure development hence demand and price increase

Good example now you can see the craziness in DPC is the best example with mature neighbourhood and Garuda Kota Kemuning and Sime Darby USJ back in house hey days in 2005 where in 3 years price almost doubled for some units in the next 5 to 8 years

Looks like a Sales Gallery, any idea which developer?





This post has been edited by titanmelvin: Oct 22 2020, 06:57 PM

Good deal liao. RM11 only with lotsa goodies. Can check wor maybe still have GRR somemore. Get your dream home fast. Huat!

https://www.facebook.com/435968583156039/po...13922182027316/

It is this but not sure if the master plan has changed. but the land is still owned by pkns

https://melatiehsan.com.my/projects/pj-incity/

Basically its a loan that sunway will give you but they do not recommend for it. Interest rate is higher and not worth it at the end.

Currently interest rate is low and probably better to get a loan directly from bank

Another option being offered is Maybank Housekey, someone shared a video a while back explaining the process and what are you getting yourself into

It’s the buyers fault to believe into rumours that the land was going to be developed, because at that time it was still just rumours.

Even when serene was first launched years ago, it was obvious that the industrial land next to it is there to stay. Again like I said, even if WD land was bought by sunway, there’s still tons of other factories there in the industrial zone.

Those who bought with the hope that the industrial zone is going to disappear is day dreaming.

And again, like I said previously, Serene is NOT suitable for an investment. Horrible location for investment, no potential tenants to stay there to. Anybody who buys serene for the hope of redevelopment and potential investment, are just not savvy investors, or they didn’t do their homework.

So, again, I ask, what’s the big deal? Serene was never a good investment property, it’s for own stay.

If people want to buy sunway property for investment, there’s tons of them in south quay.

Mostly rumours are started by developers and flows down to marketing agency to viral hence speculations otherwise developers would bleed to death because most developers are gaming the high rise system since day with insider staff trading which is gonna be hammered badly soon

Supposingly affordable housing back in 2018 but the plans might have change because the parcel land held by SinChew Press which is the biggest sticking point

https://forum.lowyat.net/topic/1582384/all

Doesn't look like affordable to me lol

Bro, you need to punctuate, comma or full stop man.

Aiya, you make it sound like it’s something new, tell me which developer doesn’t spread rumour and which developer doesn’t over-promise?

Buyer need to sendiri do their research and not believe whatever the developer say and not believe in rumours la wei.

Datum was failed back in 2016 then affordable housing back in agenda in 2018 which masterplan till today hasn’t released yet

Exactly la bro......that's why there is something called caveat emptor. A lot of buying expectation(s) also depends on luck so it's a bit like gambling .

Actually its really simple, one should just judge things based on what they can see now, and not try to predict anything without hard facts.

In the case of Serene, all the hoo haas about the WD land is mostly rumors.

The facts is simple. The WD land is on an industrial FTZ, and that land is still going to be FTZ land with tons of factories even when serene is completed. So Serene will be next to a factory even when its completed. Buyers should buy Serene with the full expectation of being next to a factory.