Yes, exactly that, the commercial area isn't in place yet. I was quite dissapointed that the land was sold to PKNS.
I always believe that residential prices will increase when amenities (the commercial part) comes in. Just building houses and houses alone won't really bring up an area. Like the SP hotel, the health centre and other commercial amenities, hope the new SP will see it through. Anyway, bought for own stay. if for investment, will need to think more. For own stay, its a nice area with decent enough amenities so far

This post has been edited by bcbg: Jun 29 2013, 10:39 AM

Dummy question: What's SCM?
I think Shah Alam has been gazetted as no alcohol/disco/pub area right?

yea the south part is rather complete, but the important bits like you mentioned:
under construction - co. hq's, health research center, segi int'l school, setia and pkns shoplots, setia apartments
yet to come - hotel, fine arts center, service apts next to mall; more setia, pkns, sunsuria houses and/or apts, schools, mosque, bomba station.

I really feel that these will bear impact on the property prices in the southern area. Setia Alam isn't that large, and if its to be a proper suburb, those under construction/yet to come stuffs are pretty important. I kinda think setia alam would be a great suburb since going out of it means going through the toll. Best to have it self sufficient and no need to go out of the area, then it'll be a proper township. Now really keeping all fingers crossed that the new SP co will see it though. That area really needs more amenities.

Ok, that's just my preliminary view, truth be told, I've only been there on 2 occasions. First to scout out the place, and the next day to get the house. But I did drive around the area quite a bit. It's a very nice area, calming, structured, clean, organized. However the area needs the 'yet to come' things in order for it to really boom. Especially more condos, hotels, more shops, more commercial units, shop offices. Health center, co HQ and the int'l school would be a real asset to the area. Just look at Sime Darby in Ara damansara. Just 3 years ago ara damansara was nothing, now.. the Oasis condo (joint to their Sime offices) is doing so well. Basically Setia alam needs more jobs/population to be located there.

Just side topic a bit, anyone has an ID who does Setia houses? I see the layout a bit strange. Kitchen so tiny, I think they expect a large portion of the hall section to be the dry kitchen. And the astro point is on the front wall (facing the gate that wall) in between the 2 large front windows. I heard Damai houses has this same astro point layout.

I think those new Melastoma houses are going for about >750k already right? And they've not even really gotten the keys yet, just the few who wants to quickly offload it.
The agent I used told me they have sold a few around that range for Indah 13.

Has the DIBS been stopped? The news just said that bank negara wants to curb DIBS, no news yet on when.. any idea?

Hondaracer, which types are you looking at around damai area? For investment? Am thinking of getting another unit there for investment, either a landed (damai/indah) or the going to launch new apartments north of setiamall (can't reember the name). Last month I was at their gallery and they said the apartments launching in Sept for about 280k thereabout...

The RM670k could be Regia 2 which only has 2 bedrooms upstairs (big bathroom with the bathtub), but regia 2 does not sell well. During my months of searching, Regia 2 (20x70) kept asking for between 650-670k, but no takes, keetp seeing the same house bringing people to view, but still no takers. The >700k ones would be the usual 20x70 with 3 Rooms upstairs and the even more in demand ones would be the 20x70 with 5 rooms (1 maid room downstairs), these go for >720k, and quite quickly taken up.

Also, MANY MANY MANY (can say most) agents would advertise shockingly LOW prices on mudah/iprop/propwall etc to attract potential customers call them, and then they wld say the house advertised already snapped up, but..there are other units. And from then, they keep bombardingy our phone with the more exp priced units. So best way to know is for you to call up the agent who advertised it and asked directly. Can guarantee you those low priced ones are fake.

OCBC valued the 20x70, gloriosa/gardenia/ those types at RM720k, 4 months ago

That is true..those investors had real holding power. During my search there, I must have called up and visited almost every available unit there and most owners came in brand new continental cars, and they were in no hurry to sell. They just let me in, say that is their asking price, very selamba.. no sense of 'need to sell'. And it is true, the agent friends I keep in contact with told me they have sold a few more units at higher prices after I have bought. Indah 13 (melastoma type) going for 760k-810k now.