Theres a 12 acre project in setia alam that combines residential and education.
Appreciate your views on this project.
Also for buyers and potential buyers to keep in touch
Investment Edusentral Setia Alam, Properties
Investment Edusentral Setia Alam, Properties
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Oct 29 2017, 02:34 PM, updated 7y ago
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#1
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Junior Member
103 posts Joined: Sep 2008 |
Theres a 12 acre project in setia alam that combines residential and education.
Appreciate your views on this project. Also for buyers and potential buyers to keep in touch |
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Oct 29 2017, 04:10 PM
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#2
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(dankers @ Oct 29 2017, 12:34 AM) Theres a 12 acre project in setia alam that combines residential and education. mostly NON schedule h prop (soxo, sovo etc). Pricing and concept means a sure bet to lose money! Appreciate your views on this project. Also for buyers and potential buyers to keep in touch Good luck to you! |
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Oct 29 2017, 06:48 PM
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#3
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493 posts Joined: Mar 2005 |
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Oct 29 2017, 07:08 PM
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#4
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Senior Member
2,186 posts Joined: Nov 2011 From: Alpha IT Shop |
this is a crazy project, 320K with 500 SQ, i better aim seri series
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Oct 29 2017, 07:21 PM
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#5
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103 posts Joined: Sep 2008 |
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Oct 29 2017, 07:37 PM
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#6
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423 posts Joined: Sep 2008 |
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Oct 29 2017, 07:39 PM
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#7
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3,838 posts Joined: Sep 2013 |
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Dec 8 2017, 06:23 PM
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#8
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103 posts Joined: Sep 2008 |
Hi existing buyer please pm me for buyer get buyer promo
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Dec 8 2017, 10:25 PM
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#9
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36 posts Joined: Dec 2017 |
total 1700 studio units..bravo:)
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Dec 9 2017, 09:10 AM
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(pinkghost @ Dec 8 2017, 08:25 AM) yeap. more over very high psf. if one includes all those seri series given they are decent with some facilities and those city residence trefoil etc, we're looking at extreme supply in this area. This edusentral will surely be the biggest loser. |
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Dec 9 2017, 09:44 AM
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#11
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36 posts Joined: Dec 2017 |
QUOTE(Babizz @ Dec 9 2017, 09:10 AM) yeap. more over very high psf. if one includes all those seri series given they are decent with some facilities and those city residence trefoil etc, we're looking at extreme supply in this area. trefoil already not doing well at the moment so don't talk bout other studio unit at this area...This edusentral will surely be the biggest loser. |
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Dec 10 2017, 02:14 PM
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All Stars
12,529 posts Joined: Feb 2013 |
Supply of mid high end highrise in Setia Alam
Trefoil: 1,497 units Edusentral:1,700 units Setia resi: 780 units Total:3977 units Do update if im missing things out. Will have a seperate table with seri series and all the others in. |
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Dec 10 2017, 08:00 PM
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#13
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Senior Member
817 posts Joined: Aug 2012 |
QUOTE(pinkghost @ Dec 9 2017, 09:44 AM) trefoil performance getting better... can get 6% yield for fully furnished unit, most are sitting on 5%+ yield. Subsale is about 15%-20% over developer price though... |
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Dec 12 2017, 11:12 AM
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#14
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36 posts Joined: Dec 2017 |
QUOTE(Vector88 @ Dec 10 2017, 08:00 PM) trefoil performance getting better... can get 6% yield for fully furnished unit, most are sitting on 5%+ yield. Subsale is about 15%-20% over developer price though... yes trefoil r getting better but tis is the only project not fully sold & stil available for developer unit (comparing DSL & seri series in setia alam).. next will be Setia City Residences.. |
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Dec 12 2017, 11:36 AM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(Vector88 @ Dec 10 2017, 08:00 PM) trefoil performance getting better... can get 6% yield for fully furnished unit, most are sitting on 5%+ yield. Subsale is about 15%-20% over developer price though... even after you factored in the fully reno cost, still can get 6%?trefoil comes empty rite? kitchenette and Aircond FOC? |
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Dec 12 2017, 02:52 PM
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Senior Member
817 posts Joined: Aug 2012 |
QUOTE(BEANCOUNTER @ Dec 12 2017, 11:36 AM) even after you factored in the fully reno cost, still can get 6%? Depending on furnishing cost, not sure about that... just heard from friend that market rate about 1k to 1.4k for fully furnished unit. developer price was around 250k ..trefoil comes empty rite? kitchenette and Aircond FOC? |
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Dec 12 2017, 03:12 PM
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All Stars
10,188 posts Joined: Apr 2012 |
QUOTE(Vector88 @ Dec 12 2017, 02:52 PM) Depending on furnishing cost, not sure about that... just heard from friend that market rate about 1k to 1.4k for fully furnished unit. developer price was around 250k .. i think for studio unit... furnishing cost wont be too excessive unless u wanna make a high grade designer studio... otherwise just add 20-30k to the cost of purchase... wont affect the yield too much.... |
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Dec 12 2017, 04:29 PM
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Senior Member
817 posts Joined: Aug 2012 |
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Dec 12 2017, 04:31 PM
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Senior Member
817 posts Joined: Aug 2012 |
QUOTE(pinkghost @ Dec 12 2017, 11:12 AM) yes trefoil r getting better but tis is the only project not fully sold & stil available for developer unit (comparing DSL & seri series in setia alam).. next will be Setia City Residences.. the leftover developer units are the big ones, 2 rooms i think... the studio units were sold sometime ago...This post has been edited by Vector88: Dec 12 2017, 04:32 PM |
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Dec 12 2017, 09:56 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(aaron1717 @ Dec 12 2017, 03:12 PM) i think for studio unit... furnishing cost wont be too excessive unless u wanna make a high grade designer studio... otherwise just add 20-30k to the cost of purchase... wont affect the yield too much.... for rent from 1k to 1.4k range.....that's about 40% discrepancy leh....... |
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