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 Setia Alam by SP Setia, Township project in Shah Alam

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auhckw
post Nov 10 2010, 01:48 PM

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Reporting in... Sasaella owner
http://www.spsetia.com.my/setia_alam/pfs_sasaella.htm

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RT2 M -Sasaella updated on 03/11/2010 (Brick works in progress - photo taken on 31/10/2010)
auhckw
post Feb 26 2011, 12:05 AM

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For existing owners in Setia Alam, are there disadvantages for the crazy price increase for new launch?

With Setia Alam increasing the prices of new launch, does it in a way helped the existing owners of past launches to increase their property value?

auhckw
post May 10 2011, 04:19 PM

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For the past few weeks, I think I have received like 6 agents sms/calling me asking whether I want to sell my house (which is not even ready). Bought about Dec 2009, supposed to be ready by Dec 2011.

20x65. Bought RM377k, now agents are offering RM499k.

I am happy smile.gif
auhckw
post May 10 2011, 05:52 PM

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QUOTE(super911 @ May 10 2011, 05:07 PM)
That's about 30%, which I think is not very fantastic gain though. You still need to factor in cost such as agent fees, RPGT, interest, legal fees, etc. After deducting all this, your gain might be just slightly more than 20%.
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1 1/2 year, house not even ready, increase 20% to 30%, not fantastic? I only paid 5%, zero moving cost... So what percentage is consider good?

Are there any other examples of property haven ready, can make 'very fantastic gain'?

This is my first house investment, sorry if noob cause didn't expect to see money return so fast smile.gif
auhckw
post Jun 3 2011, 03:23 PM

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QUOTE(auhckw @ May 10 2011, 04:19 PM)
For the past few weeks, I think I have received like 6 agents sms/calling me asking whether I want to sell my house (which is not even ready). Bought about Dec 2009, supposed to be ready by Dec 2011.

20x65. Bought RM377k, now agents are offering RM499k.

I am happy smile.gif
*
Another agent called. RM520k now. Fuyoh...
auhckw
post Jun 11 2011, 12:50 AM

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QUOTE(auhckw @ Jun 3 2011, 03:23 PM)
Another agent called. RM520k now. Fuyoh...
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The same agent called today asking Am I willing to sell at RM530k. He said his buyer is genuine.

Only 1 week since I last heard from him and now offer RM10k more. I tempted to tell him wait until RM600k only you call me rclxms.gif

With the rate it is going, looks like it is possible by year end when the handover is completed.

This post has been edited by auhckw: Jun 11 2011, 12:52 AM
auhckw
post Jun 11 2011, 10:11 AM

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QUOTE(thechallenger @ Jun 11 2011, 09:07 AM)
you should keep the house, maybe can go up RM550K expected by next May when Setia Mall opens
but then again .. it is a nice area to stay.
unless you already have a house somewhere else.
you might consider this as your future home.

however, a burst is inevitable in the next 18-24 months ...


Added on June 11, 2011, 9:09 am

valuer won't be able to price the house so high, hence, buyer must willing to fork out +100K to buy the house, not many can afford.
At most RM515K for now.
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Yes, I think should keep the house for awhile till at least handover and see how the value is then before deciding to move there or sell. No hurries as I have (parents) house to stay now.
auhckw
post Jun 24 2011, 09:15 PM

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QUOTE(auhckw @ Jun 3 2011, 03:23 PM)
Another agent called. RM520k now. Fuyoh...
*
Oriential Reality called. Said got buyer. Ask me let go at RM550,000. Can straight away process

This post has been edited by auhckw: Jun 24 2011, 09:19 PM
auhckw
post Jun 3 2012, 12:25 AM

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QUOTE(Chris Chew @ May 29 2012, 11:41 PM)
The SPS will collecting bank draft by this Saturday onwards .... Balloting willl tentatively starts next Saturday 9th June 2012 on the eve of Euro 2012 starts....

Get tune on ,...
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Really know nothing about balloting... mind to share info:

1) Is balloting like lucky draw to a particular unit?

2) Can we choose the unit?

3) After register and submit the bank draft, on the day itself if doesn't get any unit, will they return the bank draft? Any penalty?

4) If get a unit, but doesn't like it, will they return bank draft? Any penalty?

5) If I want to increase my chance, can I submit a few bank drafts? For those bank drafts that doesn't get a unit, will they return? Any penalty?

Thank you for answering

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