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 Setia Alam by SP Setia, Township project in Shah Alam

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dreamer101
post May 9 2007, 12:30 AM

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QUOTE(billycomeback @ May 7 2007, 07:02 PM)
Has anyone heard of this project in Shah Alam? I went to see the show houses there recently and some of the build up areas where people have moved in. I was impressed with the overall layout of the area.

Was wondering what people think about it as I am interested in owning a house there someday.  blush.gif

Setia Homes website

Setia Alam project is under their Klang Valley area.
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<<Was wondering what people think about it as I am interested in owning a house there someday. blush.gif >>

For what purpose?? To live or invest??

Somehow, I believe Bukit Tinggi is better.

Dreamer
dreamer101
post Aug 13 2009, 06:57 PM

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QUOTE(KeNNy @ Aug 13 2009, 06:44 PM)
I think this post is (manjit - it's your first post in lowyat) is not a very fair comment.
For the sake of clarity to other readers, perhaps a clearer picture could be obtained by viewing different parties of this long discussion, most of which manjit has been already involved.

Suggest to visit the already lengthy discussion here, and make your own conclusions:

http://forum.setiaalam.net/viewtopic.php?f=2&t=114&start=750
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Folks,

1) If you have ANY doubts, do not buy new house. Let OTHERS take the risk. Buy one or two years old house. You may pay 10% or 20% more but compare to having a house with sinking foundation, it is better.

2) My family has been in Klang for 150+ years. So, we know that area's history quite well.

3) It is VERY SIMPLE. Buy the house on the higher ground side of this area. Then, you avoid all this problem. How do you know which part is on the higher ground?? The OLD Klang resident know this.

4) Setia Alam has enough land to build over the next 20 years. There is NO NEED to rush.

Dreamer

dreamer101
post Aug 13 2009, 07:09 PM

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QUOTE(yumyum77 @ Aug 13 2009, 07:02 PM)
Hi dreamer, can you please clarify on 2 and 3. I'm sure everyone here would like to know.
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yumyum77,

If you live in that area long enough, you know which part of the land is soft and tend to be flooded over the long period (50 years). And, you know which part of the land is on the higher ground.

This is a COMMON problem of building house on Palm Oil Estate land.

10+ years agao, I was looking at some houses at USJ. They have the same foundation problem too.

Dreamer
dreamer101
post Aug 13 2009, 07:18 PM

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QUOTE(yumyum77 @ Aug 13 2009, 07:15 PM)
Which part dreamer? North, south? the area nearer to jln meru?
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yumyum77,

It is NOT as simple as that. People that live around there has memory of where is the high ground.

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dreamer101
post Aug 13 2009, 09:15 PM

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QUOTE(yumyum77 @ Aug 13 2009, 07:24 PM)
If i show you a map of the area, can u spot the lower ground places?
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yumyum77,

1) I would not do that for you.

2) Why are you doing this?? Just do not buy a new house. Prevention is better than cure.

Dreamer

dreamer101
post Aug 14 2009, 07:08 PM

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QUOTE(KeNNy @ Aug 13 2009, 11:40 PM)
The new foundations are different and again, becomes less relevant. If one really decides to get a place, would strongly suggest to look into the details, and rather than getting trapped in the generalizations. This will allow you to have enough information to make a good decision, avoid risks, and most importantly not lose opportunities.

Anyway to answer your question, refer to this map - although it is less relevant in new design - but if you want to buy something absolutely on higher ground - then it's a good reference:
http://farm4.static.flickr.com/3632/364197...0aa504e19_o.jpg

Here are some general statements common - which all turns out to be wrong!:

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KeNNy,

1) Most people ONLY buy one house in their life. If they bought ONE with foundation problem, they are done.

2) I had seen brand new USJ house with cracked wall with foundation problem. This is NOT a generalization.

3) Consumer protection law in Malaysia is WEAK. So, buyer beware.

Dreamer

P.S.: I DO NOT UNDERSTAND why people rushing to buy house??

A) Economy is not going to do well any time soon.

B) Setia Alam has enough land to build for 20 years. There are plenty of houses to choose from.

C) Seriously, over the long run (20 years), I have not seen house price in Klang and Shah Alam appreciated that much.

This post has been edited by dreamer101: Aug 14 2009, 07:12 PM
dreamer101
post Aug 15 2009, 05:23 AM

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QUOTE(KeNNy @ Aug 15 2009, 12:25 AM)
Dreamer,
I respect your opinions and comments. Again, I can only suggest to go into the details. But fair enough if you think Setia Alam isn't a good place. It's just different cups of tea smile.gif
However, I don't think Setia has 20 years of residential land bank there - where did you get this from?


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KeNNy,

http://www.spsetia.com.my/setia_alam/

<< Setia Alam is an integrated development spanning over 2,500 acres of freehold land slated to become one of the biggest and best-planned townships in the Klang Valley. Consisting of residential, commercial and institutional parcels, this township is well supported by functional features and facilities that combine an eco-sensitive lifestyle living truly "In Touch with Nature".>>

Setia Alam has 2,500 acres land bank. So, how many acres had been developed??

http://www.spsetia.com.my/corporate_websit...esentation7.asp

See the slide

Setia Alam has 2,290 acres. 1,104 acres are not developed.
Setia Eco Park has 798 acres. 459 acres are not developed.


<<But fair enough if you think Setia Alam isn't a good place.>>

I did not said whether Setia Alam is or is not a good place. I am just saying that check and make sure that your house is on solid ground or high ground before you buy.

Now, whether someone make money or do not make money on USJ house is IRRELEVANT too. Just make sure that you do not buy an USJ house with cracked wall and bad foundation.

Most of us only buy one house. So, make sure that the house that we bought is on a good solid foundation or we will face serious problem.

Dreamer

This post has been edited by dreamer101: Aug 15 2009, 05:29 AM
dreamer101
post Aug 15 2009, 11:19 AM

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QUOTE(KeNNy @ Aug 15 2009, 11:07 AM)
dreamer,

Thanks. I've seen those slides.

1) Setia Alam started somewhere in 2002/03. It's been about 7 years, and 1100 acres has been developed, and about 1100 acres left.
So I'm struggling to see how the remaning 1100 acres will last 20 years, since the first half only took 7 years. SA was also one of the few townships that has full road infrastructure during infact stages. E.g. NKVE link was there when only 10% of their land bank was developed?
So they have a reason to speed their development.

In comparison, e.g. Sime Darby builds their infrastructure only after their township matures.
E.g. Putra Heights, Denai Alam, USJ - took a very long time before roads were completed.
No right or wrong, both have different models of development.
But I think for house buyers they will prefer to have infrastructure ready, rather than infrastructure built after they shift in.

2) I see your point that one can wait a while longer before purchasing because there's land.
Fair enough, only maybe need to be careful that every new launch has seen prices increasing from 5-10%.
With Setia City's recent announcement, it's now becomes guess work how much the new undeveloped phases will rise in cost.
But since it's guess work, so it's best leaving it to the buyers to decide for themselves. But just be caution about the price risks you'll get into for waiting.
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KeNNy,

<< 1) Setia Alam started somewhere in 2002/03. It's been about 7 years, and 1100 acres has been developed, and about 1100 acres left.
So I'm struggling to see how the remaning 1100 acres will last 20 years, since the first half only took 7 years. SA was also one of the few townships that has full road infrastructure during infact stages. E.g. NKVE link was there when only 10% of their land bank was developed?
So they have a reason to speed their development. >>

You are SPECULATING. It could be faster or slower. I have a VERY LONG memory. I guess I remember when it was launched, it was a 20 years project. If we go by history, it could be 7 more years if the demand stay the same.

<< 2) I see your point that one can wait a while longer before purchasing because there's land.
Fair enough, only maybe need to be careful that every new launch has seen prices increasing from 5-10%. >>

So what??

A) Pay 10% to 20% more for 2 years' old house

versus

B) Losing 100% on a house with a foundation problem??

Most people ONLY buy one house in their life. This is ONE of the BIGGEST purchase in their life.

Comparing (A) versus (B), which one is a more reasonable approach??

Don't RUSH into making any large purchase. There are at least a few more years in this project. Why rush? Be very careful.

Dreamer

This post has been edited by dreamer101: Aug 15 2009, 11:32 AM
dreamer101
post Aug 15 2009, 07:08 PM

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QUOTE(KeNNy @ Aug 15 2009, 02:47 PM)
dreamer,
Was this also the basis of your decision for avoiding Subang/USJ houses during the 1990s because it has foundation issues?

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KeNNy,

A) I have my OTHER reasons to avoid USJ houses.

B) I told you that I saw houses in USJ with lousy foundation and the wall cracked due to weak foundation.

Dreamer


Added on August 15, 2009, 7:47 pm
QUOTE(yumyum77 @ Aug 15 2009, 05:11 PM)
That's just what 'manjitsingh' did, purchasing a second hand property.

kenny, don't mind the guy, he likes to give cryptic answers all the time.
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yumyum77,

<<'s just what 'manjitsingh' did, purchasing a second hand property.>>

A) A buyer had a completed house to look at. And, he still have problem. So, imagine the RISK that a buyer without a COMPLETED HOUSE to look at.

B) So, this just tell you that some problem take longer to show up. Or, you need BETTER SKILL to look out for those things. Do not make mistake that you can learn from OTHERS.

<<likes to give cryptic answers all the time.>>

C) I prefer to let the READER do the THINKING. We have enough SPOON FEEDING going around.

D) If the READER couldn't care less about their money, why should I worry for them???

Dreamer

This post has been edited by dreamer101: Aug 15 2009, 07:47 PM

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