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 Setia Alam by SP Setia, Township project in Shah Alam

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kelchai
post Oct 5 2015, 11:39 PM

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QUOTE(Dallen @ Oct 5 2015, 11:24 PM)
Yeah, all investors ran away from SA already. Township already consider mature, so not much appreciation that they can see anymore compared to the past few years. Even during the last Fusca launching, i see all families only.
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Investors now follow eco world after Sp setia saga, more confident with the concepts and quality. icon_rolleyes.gif

waiwai79
post Oct 5 2015, 11:45 PM

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QUOTE(klangvalleyrookie @ Oct 5 2015, 11:19 PM)
Yeah, SA not suitable for short term flippers anymore. But okay for long term investors and for own stay. thumbup.gif  thumbup.gif
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At current market situation, which areas still ok for short term flippers with low risk.... ?


Dallen
post Oct 5 2015, 11:46 PM

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QUOTE(kelchai @ Oct 6 2015, 12:39 AM)
Investors now follow eco world after Sp setia saga, more confident with the concepts and quality.  icon_rolleyes.gif
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Yeah, but a lot Klang people like to stay in SA, so buy for own stay. Investors go for eco sanctuary 😁
klangvalleyrookie
post Oct 5 2015, 11:50 PM

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QUOTE(kelchai @ Oct 5 2015, 11:39 PM)
Investors now follow eco world after Sp setia saga, more confident with the concepts and quality.  icon_rolleyes.gif
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That's a food for thought. U never know, I far as I know, there are some hardcore Tan Sri LKS fansi out there. tongue.gif
klangvalleyrookie
post Oct 5 2015, 11:56 PM

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QUOTE(waiwai79 @ Oct 5 2015, 11:45 PM)
At current market situation, which areas still ok for short term flippers with low risk.... ?
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For flipping game, I would advise going to the subsale and auction market to look for good deals.

Low risk........ hmm.gif It would be low risk if you have done your homework and know what that you are doing.
kelchai
post Oct 6 2015, 12:07 AM

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QUOTE(klangvalleyrookie @ Oct 5 2015, 11:50 PM)
That's a food for thought. U never know, I far as I know, there are some hardcore Tan Sri LKS fansi out there. tongue.gif
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Landed property in the klang valley used to be dull and uninspired, developer just built houses and road. But LKS Has turned this obstacles into opportunities, bring in large scale township planning with innovative landscape and building facade, green streets, wide roads, amongs others.

Not many developer can do this, but he did, and yes investor will follow him to replicate the success.



waiwai79
post Oct 6 2015, 12:09 AM

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QUOTE(klangvalleyrookie @ Oct 5 2015, 11:56 PM)
For flipping game, I would advise going to the subsale and auction market to look for good deals.

Low risk........ hmm.gif  It would be low risk if you have done your homework and know what that you are doing.
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I think u misunderstanding my intention....
I just pointed out... not only SA... for other areas or any hotspot.... the flipping game is not easy anymore at current market situation...
klangvalleyrookie
post Oct 6 2015, 12:15 AM

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QUOTE(waiwai79 @ Oct 6 2015, 12:09 AM)
I think u misunderstanding my intention....
I just pointed out... not only SA... for other areas or any hotspot.... the flipping game is not easy anymore at current market situation...
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Ic........ you are right in that sense too.

Well, for myself, I eagerly looking to chap sei kai too..... icon_idea.gif icon_idea.gif
waiwai79
post Oct 6 2015, 12:36 AM

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QUOTE(klangvalleyrookie @ Oct 6 2015, 12:15 AM)
Ic........ you are right in that sense too.

Well, for myself, I eagerly looking to chap sei kai too..... icon_idea.gif  icon_idea.gif
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Not easy "chap sei kai" for landed properties....
klangvalleyrookie
post Oct 6 2015, 12:56 AM

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QUOTE(kelchai @ Oct 6 2015, 12:07 AM)
Landed property in the klang valley used to be dull and uninspired, developer just built houses and road. But LKS Has turned this obstacles into opportunities, bring in large scale township planning with innovative landscape and building facade, green streets, wide roads, amongs others.

Not many developer can do this, but he did, and yes investor will follow him to replicate the success.
*
Actually, there were already townships with well planned and innovative concepts similar to what being done later by LKS before he became well known.

He came to the limelight when making SA an over whelming success when everyone else thought he would failed. SPS bought the SA land from See Hoy Chan. Just imagine being a veteran in the property scene, SHC chose not to develop the land by itself and in the end, LKS whom was not that well known at that time made SA into an overnight success. That really creates a big impact, no? If I'm not mistaken, SA is one of the largest townships in KV till today.

Yes, LKS has guts and very innovative, I'll give you that. Just look at all the latest launches in EW projects, EM and ES in particular. So many new innovative products that we have not seen before in the past. It makes EW's products special and differentiate themselves from the competitors so that they don't have to compete on pricing alone. Also, most people like to feel special, no? brows.gif brows.gif
klangvalleyrookie
post Oct 6 2015, 12:59 AM

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QUOTE(waiwai79 @ Oct 6 2015, 12:36 AM)
Not easy "chap sei kai" for landed properties....
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Landed and non-landed I also sapu........ brows.gif brows.gif
Rabel
post Oct 6 2015, 10:35 AM

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QUOTE(klangvalleyrookie @ Oct 6 2015, 12:59 AM)
Landed and non-landed I also sapu........ brows.gif  brows.gif
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biggrin.gif biggrin.gif
boss oredy ready million million cash on hand to sapu.
Rabel
post Oct 6 2015, 10:45 AM

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QUOTE(Dallen @ Oct 5 2015, 11:01 PM)
Depends lorh, if for those first time buyer like me that prefer to buy a house now for own stay but won't be moving in so soon then we will prefer buying new launch.
Plus developer absorbs all other s&p, legal fees, etc.
New house then new design, new area, new environment, perhaps something that people will consider.
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Actly if me, for own stay. If new launching price n sub sale price no big diff. I will prefer sub sale.
The defect of house only will appear one yr plus to two yrs after house VP.
Some more u can c the real environment, real design, real area and real house
Buy new house, everything is based on paper proposal. The more worry is house defect.

This post has been edited by Rabel: Oct 6 2015, 10:46 AM
klangvalleyrookie
post Oct 6 2015, 11:07 AM

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QUOTE(Rabel @ Oct 6 2015, 10:35 AM)
biggrin.gif  biggrin.gif
boss oredy ready million million cash on hand to sapu.
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Buy some for capital appreciation and some for recurring income so that the banks will lend more to you mah..... No need million million cash one. thumbup.gif thumbup.gif
Rabel
post Oct 6 2015, 11:09 AM

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QUOTE(klangvalleyrookie @ Oct 6 2015, 11:07 AM)
Buy some for capital appreciation and some for recurring income so that the banks will lend more to you mah.....  No need million million cash one.  thumbup.gif  thumbup.gif
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Want to chap Sei Kai better be fast
If need to Wait till bank loan approval
Others Cash rich buyer oredy Sapu. 😝😝
klangvalleyrookie
post Oct 6 2015, 11:14 AM

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QUOTE(Rabel @ Oct 6 2015, 11:09 AM)
Want to chap Sei Kai better be fast
If need to Wait till bank loan approval
Others Cash rich buyer oredy Sapu. 😝😝
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+1
zoomone
post Oct 6 2015, 11:16 AM

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would like to get an opinion from expert here. My fren asked me to help her to find a house (landed) in setia alam. budget max rm 1mil. I am not familiar with this area.

After did some homework, found that Anggun1&2 by pkns with 24x80 land area and build up 28++ sft, asking price in iprop is ~920k-950k. But Anjung sari next to it with 22x75 GnG asking price ~850k (the facade bit out dated). And sp setia project with similar land size easily more than 1 mil.

Do you have any recommendation? thanks in advance
kyle_kl
post Oct 6 2015, 11:21 AM

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QUOTE(zoomone @ Oct 6 2015, 11:16 AM)
would like to get an opinion from expert here. My fren asked me to help her to find a house (landed) in setia alam. budget max rm 1mil. I am not familiar with this area.

After did some homework, found that Anggun1&2 by pkns with 24x80 land area and build up 28++ sft, asking price in iprop is ~920k-950k. But Anjung sari next to it with 22x75 GnG asking price ~850k (the facade bit out dated). And sp setia project with similar land size easily more than 1 mil.

Do you have any recommendation? thanks in advance
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If i have 1mil, i will go for SPS instead of PKNS. But this is just my opinion.
Why not make appt with agent to bring your friend see different phases and units in Setial Alam then only compare.
kelchai
post Oct 6 2015, 11:26 AM

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QUOTE(zoomone @ Oct 6 2015, 11:16 AM)
would like to get an opinion from expert here. My fren asked me to help her to find a house (landed) in setia alam. budget max rm 1mil. I am not familiar with this area.

After did some homework, found that Anggun1&2 by pkns with 24x80 land area and build up 28++ sft, asking price in iprop is ~920k-950k. But Anjung sari next to it with 22x75 GnG asking price ~850k (the facade bit out dated). And sp setia project with similar land size easily more than 1 mil.

Do you have any recommendation? thanks in advance
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If you prefer newer phases, look for the north side of setia alam, Setia Perdana, Setia Utama, Setia Wawasan.
zoomone
post Oct 6 2015, 11:27 AM

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QUOTE(kyle_kl @ Oct 6 2015, 11:21 AM)
If i have 1mil, i will go for SPS instead of PKNS. But this is just my opinion.
Why not make appt with agent to bring your friend see different phases and units in Setial Alam then only compare.
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Thanks for the feedback. She plans to ronda2 setia alam area by end of this month.

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