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 why so many EcoWorld Horizon houses for sale?, batu kawan?

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TSsamquah
post Aug 28 2021, 11:40 AM, updated 5y ago

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massive amount of subsale but less buyer?


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rm838k


https://www.mudah.my/Ashton+Gated+Guarded+E...CE-91419709.htm

This post has been edited by samquah: Aug 28 2021, 11:41 AM
pretty23
post Aug 28 2021, 11:41 AM

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stone friend is good place. said CM.
ericangtzeann
post Aug 28 2021, 11:41 AM

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Ulu area who wants, faster pass on to next water fish lar. Else later cry till red eye 🤭
TSsamquah
post Aug 28 2021, 11:43 AM

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QUOTE(ericangtzeann @ Aug 28 2021, 11:41 AM)
Ulu area who wants, faster pass on to next water fish lar. Else later cry till red eye 🤭
*
but got ikea and design village mall
pretty23
post Aug 28 2021, 11:43 AM

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QUOTE(ericangtzeann @ Aug 28 2021, 11:41 AM)
Ulu area who wants, faster pass on to next water fish lar. Else later cry till red eye 🤭
*
CM will whack you until no tear. CM said it is a well good planned heaven.
airtawarian
post Aug 28 2021, 11:43 AM

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Sampah place harga Yahodeeeee
ericangtzeann
post Aug 28 2021, 11:46 AM

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QUOTE(samquah @ Aug 28 2021, 11:43 AM)
but got ikea and design village mall
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U buy house so can go ikea everyday? 😅
DarkNite
post Aug 28 2021, 11:49 AM

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QUOTE(samquah @ Aug 28 2021, 11:43 AM)
but got ikea and design village mall
*
Got berbillion flies too!
Have many reban ayam nearby.

That area used to be swamp land so expect settlement problem in 5 to 10 years like door/windows cannot close properly, white ants infestation, etc.
loserguy
post Aug 28 2021, 12:05 PM

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I went around Batu Kawan a few times, but in the end also didn't buy. It looks well planned and there are some factories nearby. Maybe will improve in a few years time.
Lucas0323
post Aug 28 2021, 12:08 PM

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QUOTE(pretty23 @ Aug 28 2021, 11:41 AM)
stone friend is good place. said CM.
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Kek.
SUSCincai lar
post Aug 28 2021, 12:10 PM

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i don;t like gateless,.. no privacy,..
iGamer
post Aug 28 2021, 12:10 PM

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QUOTE(samquah @ Aug 28 2021, 11:43 AM)
but got ikea and design village mall
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U go IKEA shopping everyday kah? biggrin.gif
iGamer
post Aug 28 2021, 12:11 PM

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QUOTE(DarkNite @ Aug 28 2021, 11:49 AM)
Got berbillion flies too!
Have many reban ayam nearby.

That area used to be swamp land so expect settlement problem in 5 to 10 years like door/windows cannot close properly, white ants infestation, etc.
*
Fuhhhh…. Pity the buyers
kueks
post Aug 28 2021, 12:17 PM

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rm 838k ? lol wow
stevenryl86
post Aug 28 2021, 12:18 PM

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838k for that price go fly kite
haroldz123
post Aug 28 2021, 12:21 PM

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Former swamp area? Sure sinking after a few years
focusrite
post Aug 28 2021, 12:24 PM

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QUOTE(ericangtzeann @ Aug 28 2021, 11:41 AM)
Ulu area who wants, faster pass on to next water fish lar. Else later cry till red eye 🤭
*
Factories in Batu Kawan doing quire well before the pandamic.

Problem with this eco world development is that it is leasehold but still so expensive. Freehold penang mainland is cheap.

If cheaper and leasehold maybe ok

If expensive and freehold also maybe ok

But it is both expensive and leasehold, I don't think many penang lang will want. At that price might as well buy landed in island.

850k can buy in good location on island already
JazzLegend
post Aug 28 2021, 12:25 PM

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Koranshita
post Aug 28 2021, 12:25 PM

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So cheap meh . Not over 1million?

pretty23
post Aug 28 2021, 12:26 PM

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QUOTE(focusrite @ Aug 28 2021, 12:24 PM)
Factories in Batu Kawan doing quire well before the pandamic.

Problem with this eco world development is that it is leasehold but still so expensive. Freehold penang mainland is cheap.

If cheaper and leasehold maybe ok

If expensive and freehold also maybe ok

But it is both expensive and leasehold, I don't think many penang lang will want. At that price might as well buy landed in island.

850k can buy in good location on island already
*
RM850k can buy landed in Penang? balik pulau also not as cheap as this price now.
dickybird
post Aug 28 2021, 12:31 PM

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Everybody wants to live on island side la.
Even mainland people.
Lmao
ChaosXP
post Aug 28 2021, 12:35 PM

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wat kinda house is that, no gate summore
HolyValkyrie
post Aug 28 2021, 12:40 PM

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Leasehold for that price tag better go fly kites.
shyityng
post Aug 28 2021, 12:41 PM

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There successfully attracted non penang buyer with mind of buying penang hs as a batch to show off to others, hoping the potential in 20 yrs time
GOPI56
post Aug 28 2021, 12:44 PM

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QUOTE(ChaosXP @ Aug 27 2021, 10:35 PM)
wat kinda house is that, no gate summore
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Strata title houses I think...
focusrite
post Aug 28 2021, 12:52 PM

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QUOTE(pretty23 @ Aug 28 2021, 12:26 PM)
RM850k can buy landed in Penang? balik pulau also not as cheap as this price now.
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older ones lah

in the south

https://www.iproperty.com.my/sale/bayan-lep...Price=900000&l1


tanjung bungah even have one
https://www.iproperty.com.my/property/tanju...sale-102025480/


ayer itam
https://www.iproperty.com.my/sale/ayer-itam...Price=900000&l1






700k-800k in balik pulua are those new houses in botanica ct only


I think Penang lang always overestimate the cost of landed house there

It is similar to places like Subang and PJ
focusrite
post Aug 28 2021, 12:52 PM

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QUOTE(GOPI56 @ Aug 28 2021, 12:44 PM)
Strata title houses I think...
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means have to pay high maintenance fees as well since city council won't be maintaining the roads inside the taman
Syie9^_^
post Aug 28 2021, 12:56 PM

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QUOTE(samquah @ Aug 28 2021, 01:13 PM)
but got ikea and design village mall
*
QUOTE(ericangtzeann @ Aug 28 2021, 01:16 PM)
U buy house so can go ikea everyday? 😅
*
QUOTE(DarkNite @ Aug 28 2021, 01:19 PM)
Got berbillion flies too!
Have many reban ayam nearby.

That area used to be swamp land so expect settlement problem in 5 to 10 years like door/windows cannot close properly, white ants infestation, etc.
*
QUOTE(iGamer @ Aug 28 2021, 01:40 PM)
U go IKEA shopping everyday kah?  biggrin.gif
*
You all so sad life at stoned friend.

IKEA and home..everyday ikea you also bored edi. whistling.gif
sonyman
post Aug 28 2021, 12:58 PM

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i thought batu kawan 400k can get double storey 3000 sqft house. no ah?

still need 800k ah, expensive wei.
GOPI56
post Aug 28 2021, 12:58 PM

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QUOTE(focusrite @ Aug 27 2021, 10:52 PM)
means have to pay high maintenance fees as well since city council won't be maintaining the roads inside the taman
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Yes, higher maintenance fees.
etan26
post Aug 28 2021, 01:02 PM

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QUOTE(haroldz123 @ Aug 28 2021, 12:21 PM)
Former swamp area? Sure sinking after a few years
*
That's what they said about Puchong and Sunway, ex-mining areas will surely sink .....looked at them now after decades ...
mini orchard
post Aug 28 2021, 01:05 PM

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This type of layout ..... hari hari gaduh parking .... pasal tayar atau buntut lari sikit.

This post has been edited by mini orchard: Aug 28 2021, 01:06 PM
ericangtzeann
post Aug 28 2021, 01:05 PM

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QUOTE(etan26 @ Aug 28 2021, 01:02 PM)
That's what they said about Puchong and Sunway, ex-mining areas will surely sink .....looked at them now after decades ...
*
U don't compare high profile areas with ulu places lo. Back then developers knew their address is worth the investment so won't luanluanlai with their foundation systems.
bugipunch
post Aug 28 2021, 01:05 PM

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u already have your answer. rm800k for fucked overpriced house? Go fly kite. Malaysians not waterfish or stupid enough to buy their properties at 800k
SUStyrionlannister99
post Aug 28 2021, 01:12 PM

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Butterworth South they call it?
ListenToTheWind
post Aug 28 2021, 01:14 PM

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Mahai giler babi sial
galkelly
post Aug 28 2021, 01:16 PM

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jus like EcoMajestic... all the hype .... price so expensive but ulu place.

galkelly
post Aug 28 2021, 01:21 PM

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user posted image

the back of the house looks horible... where the privacy ...
i would never even consider this type.. all the selling point, but in fact dev potong many thing and sell at sky price...sorhai ppl buy de
lopo90
post Aug 28 2021, 01:21 PM

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Reminds of hawkers at the Chinese restaurant.

They put very nice pic of the food but when you order it's like crap and they overcharge you for it

APA la

This post has been edited by lopo90: Aug 28 2021, 01:22 PM
pretty23
post Aug 28 2021, 01:22 PM

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QUOTE(focusrite @ Aug 28 2021, 12:52 PM)
older ones lah

in the south

https://www.iproperty.com.my/sale/bayan-lep...Price=900000&l1
tanjung bungah even have one
https://www.iproperty.com.my/property/tanju...sale-102025480/
ayer itam
https://www.iproperty.com.my/sale/ayer-itam...Price=900000&l1
700k-800k in balik pulua are those new houses in botanica ct only
I think Penang lang always overestimate the cost of landed house there

It is similar to places like Subang and PJ
*
Sub sales can not count like this. sub sale you can use RM2.8million to buy RM4.5million house which LGE done before.
pretty23
post Aug 28 2021, 01:22 PM

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QUOTE(tyrionlannister99 @ Aug 28 2021, 01:12 PM)
Butterworth South they call it?
*
KL north.
sexysarah1992
post Aug 28 2021, 01:26 PM

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QUOTE(samquah @ Aug 28 2021, 11:40 AM)


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Almost impossible to get loan if urprofile cukup cukup makan.

Only those with large amount of cash savings can get loan nowadays. Bank want to see all these
redtuna
post Aug 28 2021, 01:29 PM

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No gate no discount?
focusrite
post Aug 28 2021, 01:30 PM

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QUOTE(pretty23 @ Aug 28 2021, 01:22 PM)
Sub sales can not count like this. sub sale you can use RM2.8million to buy RM4.5million house which LGE done before.
*
so means actual selling price even lower than listing

which further proves my point.

850k can get freehold landed on island, not many willing to fork out the same amount for mainland leasehold.

landscaping isn't that important to most malaysians
etan26
post Aug 28 2021, 01:37 PM

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QUOTE(ericangtzeann @ Aug 28 2021, 01:05 PM)
U don't compare high profile areas with ulu places lo. Back then developers knew their address is worth the investment so won't luanluanlai with their foundation systems.
*
Penang poor man island ke? I don't know leh, not from there . . . .
doublecool
post Aug 28 2021, 01:38 PM

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QUOTE(focusrite @ Aug 28 2021, 01:30 PM)
so means actual selling price even lower than listing

which further proves my point.

850k can get freehold landed on island, not many willing to fork out the same amount for mainland leasehold.

landscaping isn't that important to most malaysians
*
its not only about the freehold landed, but the gated residence

landscaping is quite important cause i find cables hanging around lamp post quite ugly
pretty23
post Aug 28 2021, 01:42 PM

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QUOTE(focusrite @ Aug 28 2021, 01:30 PM)
so means actual selling price even lower than listing

which further proves my point.

850k can get freehold landed on island, not many willing to fork out the same amount for mainland leasehold.

landscaping isn't that important to most malaysians
*
Only if you are bumi may be else extremely hard.
tky1993
post Aug 28 2021, 01:53 PM

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Look at all these sourgrapes. 850k complain expensive.

Nowonder still stay in kampung baru slums and low class narrow road neighbourhood.
Kindergarten every corner, insonsiderate neighbours parking infront your house, flower pots everywhere at outside longkang area is probably what you guys want?
LazadaGot
post Aug 28 2021, 01:54 PM

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QUOTE(focusrite @ Aug 28 2021, 12:52 PM)
older ones lah

in the south

https://www.iproperty.com.my/sale/bayan-lep...Price=900000&l1
tanjung bungah even have one
https://www.iproperty.com.my/property/tanju...sale-102025480/
ayer itam
https://www.iproperty.com.my/sale/ayer-itam...Price=900000&l1
700k-800k in balik pulua are those new houses in botanica ct only
I think Penang lang always overestimate the cost of landed house there

It is similar to places like Subang and PJ
*
I dont think you can actually directly compare with the houses above sweat.gif

ecoworld is gated & guarded residence with facilities like gym / pools
tky1993
post Aug 28 2021, 02:02 PM

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QUOTE(LazadaGot @ Aug 28 2021, 01:54 PM)
I dont think you can actually directly compare with the houses above  sweat.gif

ecoworld is gated & guarded residence with facilities like gym / pools
*
These are exactly the low class slums Im talkin about lo. Prefer to stay in slums then complain why got low class mentality neighbour, why strangers can cum in rob their hse, why some owners not paying maintenance fees yet nothing can be done.

They didnt mention in ecoworld neighbourhood, the guard roaming around the taman every 2-3 hours and punching checkpoints in every corner. You dont even need to install grille in these houses.
shirohamada
post Aug 28 2021, 02:05 PM

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No wall.
Have to see neighbour's face
Redshelf411
post Aug 28 2021, 03:25 PM

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RM838k and they are wondering why nobody is buying their houses. Even RM500k houses are considered expensive sudah. And our salaries so low and unstable.

Time to sell on OF biggrin.gif
Ashadiya
post Aug 28 2021, 03:27 PM

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QUOTE(Cincai lar @ Aug 28 2021, 12:10 PM)
i don;t like gateless,.. no privacy,..
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maybe u should reduce ur piaping in d garden 😁
SUSCincai lar
post Aug 28 2021, 03:30 PM

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QUOTE(Ashadiya @ Aug 28 2021, 03:27 PM)
maybe u should reduce ur piaping in d garden 😁
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why take out fun from life ??
galkelly
post Aug 28 2021, 03:36 PM

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QUOTE(Redshelf411 @ Aug 28 2021, 03:25 PM)
RM838k and they are wondering why nobody is buying their houses. Even RM500k houses are considered expensive sudah. And our salaries so low and unstable.

Time to sell on OF biggrin.gif
*
not many ppl can affored 800k++ house these days, even bank is strict
imagine the lawyer fee upfront is deal killer
kaiserreich
post Aug 28 2021, 03:50 PM

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No comment about eco world.

But batu kawan area, if the morning/night time is quite humid, all you smell is just chicken shit
BL98
post Aug 28 2021, 04:07 PM

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QUOTE(etan26 @ Aug 28 2021, 01:02 PM)
That's what they said about Puchong and Sunway, ex-mining areas will surely sink .....looked at them now after decades ...
*
so got sinking issue in Puchong and Sunway?
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post Aug 28 2021, 04:07 PM

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QUOTE(samquah @ Aug 28 2021, 11:43 AM)
but got ikea and design village mall
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u try driving there after 8pm

mega_shok.gif
darth5zaft
post Aug 28 2021, 04:11 PM

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QUOTE(etan26 @ Aug 28 2021, 01:02 PM)
That's what they said about Puchong and Sunway, ex-mining areas will surely sink .....looked at them now after decades ...
*
You answer your own question. whistling.gif

This post has been edited by darth5zaft: Aug 28 2021, 04:11 PM
Redshelf411
post Aug 28 2021, 04:12 PM

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QUOTE(galkelly @ Aug 28 2021, 03:36 PM)
not many ppl can affored 800k++ house these days, even bank is strict
imagine the lawyer fee upfront is deal killer
*
IKR.
Also a lot of people who earns quite a sizeable income buy houses that are rm300k and less. The leftover houses are mostly rm500k and up. That means a lot of Malaysians are unable to own a home in the future. Looks like we gonna rent till the day we die lol.
BL98
post Aug 28 2021, 04:15 PM

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you not just buy a house in ecoworld. you buying a lifestyle in a township with the exclusive experience.

island 800k only can buy upper tier condo or very old subsale terrace in old area with no guard and facilities with narrow roads and many cars parked at the roadside as there is not enough parking in the house compound

just like buying 2 myvi vs 1 X70. you get more cars with myvi but you cant get the comfort and safety of the X70

no place in island you can find this type of well designed township with potentially huge growth potential. batu kawan is just like bandar utama/mutiara damansara/ kota damansara 20 years ago.
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post Aug 28 2021, 04:19 PM

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QUOTE(etan26 @ Aug 28 2021, 01:02 PM)
That's what they said about Puchong and Sunway, ex-mining areas will surely sink .....looked at them now after decades ...
*
Obviously you didn't visit this area.
Signs of settlement already happening at Design Village. Roads & external parking lots sinking.
ericangtzeann
post Aug 28 2021, 04:20 PM

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QUOTE(BL98 @ Aug 28 2021, 04:15 PM)
batu kawan is just like bandar utama/mutiara damansara/ kota damansara 20 years ago.
*
😂😂😂😂😂

Omg lol

doh.gif

😂😂😂😂😂
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post Aug 28 2021, 04:23 PM

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That place is a living oven. Isolated and hot af, 24 7 sir condition indoor.
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post Aug 28 2021, 04:26 PM

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Wow... 800k in Penang...

Good luck to those "investor"
DarkNite
post Aug 28 2021, 04:27 PM

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QUOTE(BL98 @ Aug 28 2021, 04:15 PM)
you not just buy a house in ecoworld. you buying a lifestyle in a township with the exclusive experience.

island 800k only can buy upper tier condo or very old subsale terrace in old area with no guard and facilities with narrow roads and many cars parked at the roadside as there is not enough parking in the house compound

just like buying 2 myvi vs 1 X70. you get more cars with myvi but you cant get the comfort and safety of the X70

no place in island you can find this type of well designed township with potentially huge growth potential. batu kawan is just like bandar utama/mutiara damansara/ kota damansara 20 years ago.
*
You not looking hard enough.
On the island RM600k 1300 sq ft 3bed 2 toilets 1 car park apartment, 4 units to a floor, near schools and market.
Many flipper & investors kenot tahan almost 2 yrs of covid are desperately cutting their loss!

So too are developers, gives you fully furnish unit, just wanna you to move in and stay!
Not to give the impression of a dead condo - ada guards but no resident!!

Quantum Geist
post Aug 28 2021, 04:29 PM

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"Got ikea nearby so price must increase 99"

- buying a house as an "investment"
Left4Dead2
post Aug 28 2021, 04:30 PM

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What is the original price ?
fantasy1989
post Aug 28 2021, 04:31 PM

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QUOTE(ChaosXP @ Aug 28 2021, 12:35 PM)
wat kinda house is that, no gate summore
*
landed gated

need to pay maintenance
kel32
post Aug 28 2021, 04:34 PM

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QUOTE(Blofeld @ Aug 28 2021, 04:07 PM)
u try driving there after 8pm

mega_shok.gif
*
both Ikea shoplots and Design Village in very sad state. Not much happening before Covid, much worst now.
iGamer
post Aug 28 2021, 04:35 PM

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QUOTE(Quantum Geist @ Aug 28 2021, 04:29 PM)
"Got ikea nearby so price must increase 99"

- buying a house as an "investment"
*
IKEA was set up there due to cheaper land for larger business premises, yet “smart” prop flippers think the land is valuable…. The irony.
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post Aug 28 2021, 04:39 PM

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QUOTE(focusrite @ Aug 28 2021, 12:52 PM)
older ones lah

in the south

https://www.iproperty.com.my/sale/bayan-lep...Price=900000&l1
tanjung bungah even have one
https://www.iproperty.com.my/property/tanju...sale-102025480/
ayer itam
https://www.iproperty.com.my/sale/ayer-itam...Price=900000&l1
700k-800k in balik pulua are those new houses in botanica ct only
I think Penang lang always overestimate the cost of landed house there

It is similar to places like Subang and PJ
*
For this kind of houses with township planning and gated/guarded that is around the price.

For penang island those with similar township planning for comparison:

Botanica - balik pulau
Southbay - batu maung
Quayside - tg tokong
Permai garden - tg bungah

Still got some boutique one with not as large township but yeah prices not cheap for these that want “clean/neat” neighbourhood.

Those you mentioned one some are old neighbourhood with alot of legacy issues, like drainage, illegal parkings, small narrow lorongs etc.

brkli
post Aug 28 2021, 04:42 PM

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QUOTE(samquah @ Aug 28 2021, 11:40 AM)
massive amount of subsale but less buyer?
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QUOTE(samquah @ Aug 28 2021, 11:40 AM)
rm838k
*
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post Aug 28 2021, 04:43 PM

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RM838k for 2.4k sqft is quite okay to pay for a premium price.

you don't expect to walk into Gucci/Prada/Hermes/LV and expecting to pay Bonia/Carlo/Nike price right?

First phase was only 7xxk when its first launched. Anyhow it is fully sold by the developer during the Launch
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post Aug 28 2021, 04:44 PM

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QUOTE(ChAOoz @ Aug 28 2021, 04:39 PM)
For this kind of houses with township planning and gated/guarded that is around the price.

For penang island those with similar township planning for comparison:

Botanica - balik pulau
Southbay - batu maung
Quayside - tg tokong
Permai garden - tg bungah

Still got some boutique one with not as large township but yeah prices not cheap for these that want “clean/neat” neighbourhood.

Those you mentioned one some are old neighbourhood with alot of legacy issues, like drainage, illegal parkings, small narrow lorongs etc.
*
The Light - Gelugor

ChaosXP
post Aug 28 2021, 04:46 PM

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QUOTE(fantasy1989 @ Aug 28 2021, 04:31 PM)
landed gated

need to pay maintenance
*
hmm.gif

The size and number of those houses make the place seem....on the lower end ?

Edit : Didnt check the sqft per house yet

This post has been edited by ChaosXP: Aug 28 2021, 04:47 PM
ChAOoz
post Aug 28 2021, 04:47 PM

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QUOTE(DarkNite @ Aug 28 2021, 11:49 AM)
Got berbillion flies too!
Have many reban ayam nearby.

That area used to be swamp land so expect settlement problem in 5 to 10 years like door/windows cannot close properly, white ants infestation, etc.
*
This is true alot of big ass flies. But the problem lies in location just not nice and far from island.

Well in terms of settlement issues, I remember when straits quay launching people also say don’t buy cause its reclaimed land. Well that turn out alright, cause the neighbourhood and its residence prop up the prices.
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post Aug 28 2021, 04:49 PM

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QUOTE(ChAOoz @ Aug 28 2021, 04:47 PM)
This is true alot of big ass flies. But the problem lies in location just not nice and far from island.

Well in terms of settlement issues, I remember when straits quay launching people also say don’t buy cause its reclaimed land. Well that turn out alright, cause the neighbourhood and its residence prop up the prices.
*
Actually if you really go to that place, the only weak point is - bad signal

Theres no such thing about bad/foul smell or flies
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post Aug 28 2021, 04:52 PM

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QUOTE(ChAOoz @ Aug 28 2021, 04:47 PM)
This is true alot of big ass flies. But the problem lies in location just not nice and far from island.

Well in terms of settlement issues, I remember when straits quay launching people also say don’t buy cause its reclaimed land. Well that turn out alright, cause the neighbourhood and its residence prop up the prices.
*
Settlement issues is dependent on the developer.
Many tall buildings in Singapore/Hong Kong seldom have this issues.

Straits Quay landed property do have water ponding issues & some roads & pavement are slightly lower than original.
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post Aug 28 2021, 04:54 PM

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QUOTE(RedBishop @ Aug 28 2021, 04:49 PM)
Actually if you really go to that place, the only weak point is - bad signal

Theres no such thing about bad/foul smell or flies
*
Which Ikea in Malaysia is built with double doors and positive air?
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post Aug 28 2021, 04:57 PM

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QUOTE(DarkNite @ Aug 28 2021, 04:52 PM)
Settlement issues is dependent on the developer.
Many tall buildings in Singapore/Hong Kong seldom have this issues.

Straits Quay landed property do have water ponding issues & some roads & pavement are slightly lower than original.
*
If you take a look at Karpal Singh Drive + Queensbay

These 2 areas has serious settlement issues.
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post Aug 28 2021, 04:58 PM

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QUOTE(DarkNite @ Aug 28 2021, 04:54 PM)
Which Ikea in Malaysia is built with double doors and positive air?
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Heat, if you understand the failure of Design Village, even previously brands like Coach left because the design of the structure has the maximum absorbent of heat.

And most of the leatherware are torn/rosak
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post Aug 28 2021, 05:00 PM

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QUOTE(iGamer @ Aug 28 2021, 04:35 PM)
IKEA was set up there due to cheaper land for larger business premises, yet “smart” prop flippers think the land is valuable…. The irony.
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It's the developer that are smart .. but buyers tot 850k still good investment.lol.. I wonder how much they wan to sell to make profit
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post Aug 28 2021, 05:02 PM

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QUOTE(RedBishop @ Aug 28 2021, 04:43 PM)
RM838k for 2.4k sqft is quite okay to pay for a premium price.

you don't expect to walk into Gucci/Prada/Hermes/LV and expecting to pay Bonia/Carlo/Nike price right?

First phase was only 7xxk when its first launched. Anyhow it is fully sold by the developer during the Launch
*
Ecoworld very good at selling. Their showroom give you the lifestyle that home buyers are looking for. Planning wise also very good. Clean and neat township that you feel will be safe for children etc.

But their project will struggle in subsale, cause all this factor they already priced into the project on launching. Unless batu kawan developed into a full satellite town like bayan lepas, prices is going to stay stagnant for a long while.
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QUOTE(galkelly @ Aug 28 2021, 05:00 PM)
It's the developer that are smart .. but buyers tot 850k still good investment.lol..  I wonder how much they wan to sell to make profit
*
If you calculate by the basic construction cost (if you are from Development/Construction Industry)

Persqft is approximately RM200-RM250 (Put it at RM250 due to the quality of Eco World)

2400 sqft x RM250 = RM600,000 (Construction Cost)

1400 sqft x RM100 (Land Cost) = RM140,000 (Land Cost)

Total RM740,000 (Costing Only)

You can't blame the upper-end people from Penang/Mainland, when they have excessive money, they just want to put it somewhere solid.

And the project just gotten the CCC this year only.
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post Aug 28 2021, 05:03 PM

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QUOTE(ChAOoz @ Aug 28 2021, 05:02 PM)
Ecoworld very good at selling. Their showroom give you the lifestyle that home buyers are looking for. Planning wise also very good. Clean and neat township that you feel will be safe for children etc.

But their project will struggle in subsale, cause all this factor they already priced into the project on launching. Unless batu kawan developed into a full satellite town like bayan lepas, prices is going to stay stagnant for a long while.
*
They have proven success from other states, KL and Johor, but they have failed the one in Penang (Eco Terraces).
If you are buying Eco World, it's like you're buying Hermes/LV and such.

It has the value, doesn't mean you manage to resell well in a short-run.

But the value preserves.
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post Aug 28 2021, 05:05 PM

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Batu kawan is like meru right? Full of workers hostels.
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post Aug 28 2021, 05:05 PM

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QUOTE(tky1993 @ Aug 28 2021, 02:02 PM)
These are exactly the low class slums Im talkin about lo. Prefer to stay in slums then complain why got low class mentality neighbour, why strangers can cum in rob their hse, why some owners not paying maintenance fees yet nothing can be done.

They didnt mention in ecoworld neighbourhood, the guard roaming around the taman every 2-3 hours and punching checkpoints in every corner. You dont even need to install grille in these houses.
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why so butthurt?

I'm just talking about the average house buyer and explaining why this isn't doing well


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post Aug 28 2021, 05:06 PM

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QUOTE(blanket84 @ Aug 28 2021, 05:05 PM)
Batu kawan is like meru right? Full of workers hostels.
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Workers' hostels is located @ Bukit Minyak, not Batu Kawan.
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post Aug 28 2021, 05:07 PM

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QUOTE(darth5zaft @ Aug 28 2021, 04:11 PM)
You answer your own question. whistling.gif
*
Bila I said those got sinking problems and on the contrary, you tau baca ke?
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post Aug 28 2021, 05:07 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:06 PM)
Workers' hostels is located @ Bukit Minyak, not Batu Kawan.
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I think last time I asked my clients plenty of their workers were staying in bandar akasia. That one is in batu kawan right?
focusrite
post Aug 28 2021, 05:09 PM

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QUOTE(ChAOoz @ Aug 28 2021, 04:39 PM)
For this kind of houses with township planning and gated/guarded that is around the price.

For penang island those with similar township planning for comparison:

Botanica - balik pulau
Southbay - batu maung
Quayside - tg tokong
Permai garden - tg bungah

Still got some boutique one with not as large township but yeah prices not cheap for these that want “clean/neat” neighbourhood.

Those you mentioned one some are old neighbourhood with alot of legacy issues, like drainage, illegal parkings, small narrow lorongs etc.
*
true, but I'm saying that when comparing location vs well-planned neighborhood, most msians and penang lang would choose the former.

If I have 800k-900k to buy a house in penang, I rather buy an old double storey in tanjung bungah than those places you listed.

same in KV, rather buy in old PJ neighborhood than buy nicer taman in Setia Alam
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post Aug 28 2021, 05:10 PM

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QUOTE(DarkNite @ Aug 28 2021, 04:19 PM)
Obviously you didn't visit this area.
Signs of settlement already happening at Design Village. Roads & external parking lots sinking.
*
So one housing represented whole of Puchong and Sunway? You sure it's due to ex mining effect?

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QUOTE(blanket84 @ Aug 28 2021, 05:07 PM)
I think last time I asked my clients plenty of their workers were staying in bandar akasia. That one is in batu kawan right?
*
If Bandar Cassia is what you meant? The nearest one is by Westlite at Bukit Minyak, approximately 10-15km away i think.
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QUOTE(RedBishop @ Aug 28 2021, 05:03 PM)
They have proven success from other states, KL and Johor, but they have failed the one in Penang (Eco Terraces).
If you are buying Eco World, it's like you're buying Hermes/LV and such.

It has the value, doesn't mean you manage to resell well in a short-run.

But the value preserves.
*
Waiting to find the next desa park homerun, but penang buyer quite calculative one. Very hard to for these “branded” township to catch on especially if its on mainland.

Better bet on penang island or like you say kl/jb.
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post Aug 28 2021, 05:10 PM

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QUOTE(blanket84 @ Aug 28 2021, 05:05 PM)
Batu kawan is like meru right? Full of workers hostels.
*
no

more like setia alam


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post Aug 28 2021, 05:11 PM

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If price is rm388k ok.
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post Aug 28 2021, 05:12 PM

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QUOTE(focusrite @ Aug 28 2021, 05:09 PM)
true, but I'm saying that when comparing location vs well-planned neighborhood, most msians and penang lang would choose the former.

If I have 800k-900k to buy a house in penang, I rather buy an old double storey in tanjung bungah than those places you listed.

same in KV, rather buy in old PJ neighborhood than buy nicer taman in Setia Alam
*
Yes you are right, but you have to understand the people/market of Mainland vs Island.

Population @ Island 700k, Mainland is 1mil

People from mainland doesn't want to stay far away from their parents (Chinese Mentality)

They pick up good/premium places like Eco World.

Thats why you can see a lot of young people/couple with flashy cars driving around that Taman (Eco Horizon)
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post Aug 28 2021, 05:14 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:12 PM)
Yes you are right, but you have to understand the people/market of Mainland vs Island.

Population @ Island 700k, Mainland is 1mil

People from mainland doesn't want to stay far away from their parents (Chinese Mentality)

They pick up good/premium places like Eco World.

Thats why you can see a lot of young people/couple with flashy cars driving around that Taman (Eco Horizon)
*
good point

Forgot that mainlanders are also penang lang tongue.gif


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post Aug 28 2021, 05:14 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:10 PM)
If Bandar Cassia is what you meant? The nearest one is by Westlite at Bukit Minyak, approximately 10-15km away i think.
*
Probably bandar cassia is the name. Not a designated dormitory like westlite, but terrace houses occupied as hostels.
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post Aug 28 2021, 05:14 PM

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QUOTE(ChAOoz @ Aug 28 2021, 05:10 PM)
Waiting to find the next desa park homerun, but penang buyer quite calculative one. Very hard to for these “branded” township to catch on especially if its on mainland.

Better bet on penang island or like you say kl/jb.
*
Yes but surprisingly most of their market has its own uniqueness.

They captured a lot of "Perak" people / Mainland by selling off their brand.

Anyway, Perak+Penang has the highest FD in the banks comparing to other states.
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post Aug 28 2021, 05:15 PM

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QUOTE(etan26 @ Aug 28 2021, 05:07 PM)
Bila I said those got sinking problems and on the contrary, you tau baca ke?
*
After decades off course sinking problem solve.

.i still remember a time where Puchong too got many lalat bau busuk because of the tempat buang sampah.

Off course Puchong are not built on top of marine clay. Klang however is build on top of marine clay. 600 years after 1st habitations, that place is still sinking

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post Aug 28 2021, 05:16 PM

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QUOTE(focusrite @ Aug 28 2021, 05:14 PM)
good point

Forgot that mainlanders are also penang lang  tongue.gif
*
Haha i used to think like you last time, but if you expand your thoughts and understand more people from other places, then you will actually understand, the every success story of the hidden developer from mainland.
etan26
post Aug 28 2021, 05:18 PM

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QUOTE(darth5zaft @ Aug 28 2021, 05:15 PM)
After decades off course sinking problem solve.

.i still remember a time where Puchong too got many lalat bau busuk because of the tempat buang sampah.

Off course Puchong are not built on top of marine clay. Klang however is build on top of marine clay. 600 years after 1st habitations, that place is still sinking
*
Lalat bau busuk, I think that one is Sri Petaling leh, ex rubbish dumping area.
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post Aug 28 2021, 05:21 PM

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Well setia alam when it first launch all ppl also say damn ulu who want to stay.


But see now.
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post Aug 28 2021, 05:24 PM

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QUOTE(etan26 @ Aug 28 2021, 05:18 PM)
Lalat bau busuk, I think that one is Sri Petaling leh, ex rubbish dumping area.
*
The only thing I could remember is one TV3 news

Where idiots there who bought house near rubbish dumb complain bau busuk. Or how people who bought house near KLIA then complain bising. Or Klang people who live on top of Marine clay complain their road are sinking.


Seriously, these people retarded or what?
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post Aug 28 2021, 05:25 PM

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QUOTE(darth5zaft @ Aug 28 2021, 05:24 PM)
The only thing I could remember is one TV3 news

Where idiots there  who bought house near rubbish dumb complain bau busuk. Or how people who bought house near KLIA then complain bising. Or Klang people who live on top of Marine clay complain their road are sinking.
Seriously, these people retarded or what?
*
yeah, you should already know what you are buying before you are buying

its up to 35 years of tenure
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post Aug 28 2021, 05:31 PM

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QUOTE(Ayambetul @ Aug 28 2021, 05:21 PM)
Well setia alam when it first launch all ppl also say damn ulu who want to stay.
But see now.
*
i still consider setia alam ulu

i work in PJ.. one day company event need go setia alam SCCC.. damn far and time consuming lol so many traffic light and need pusing here n there..
from PJ go KLCC, Mines, Midvalley, maeps also feel nearer.
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post Aug 28 2021, 05:33 PM

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It has begun

Recession

Cum in sapu tahfeikei
yeezai
post Aug 28 2021, 05:33 PM

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If sell at 400k ok ✅
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post Aug 28 2021, 05:33 PM

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This house better sell to those PRC roaches
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post Aug 28 2021, 05:34 PM

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QUOTE(samquah @ Aug 28 2021, 11:43 AM)
but got ikea and design village mall
*
My place near to batu kawan I also don't go to this two places. Very quite especially night. Weekday ikea and design village like ghost mall
tahfeikei
post Aug 28 2021, 05:35 PM

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QUOTE(Mr.Robert @ Aug 28 2021, 05:33 PM)
It has begun

Recession

Cum in sapu tahfeikei
*
no mani bekos zaman kobis
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post Aug 28 2021, 05:35 PM

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QUOTE(kopitiamtard @ Aug 28 2021, 05:33 PM)
This house better sell to those PRC roaches
*
PRC to buy landed has to be 1m and onwards
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post Aug 28 2021, 05:35 PM

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QUOTE(lee_lnh @ Aug 28 2021, 05:31 PM)
i still consider setia alam ulu

i work in PJ.. one day company event need go setia alam SCCC.. damn far and time consuming lol so many traffic light and need pusing here n there..
from PJ go KLCC, Mines, Midvalley, maeps also feel nearer.
*
i don't live in setia alam but my gf does, at SEP. That place if u are not working in PJ/KL, u can get everything u need within setia alam... so called self sustainable
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QUOTE(myasiahobby @ Aug 28 2021, 05:34 PM)
My place near to batu kawan I also don't go to this two places. Very quite especially night. Weekday ikea and design village like ghost mall
*
These 2 malls failed badly ..
lee_lnh
post Aug 28 2021, 05:39 PM

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Ecoworld in bt kawan side consider very ulu.. i forsee bt kawan next 10years also wont be fully populated with ample development

most of working class now renting in Utropolis beside Design Village. those work in ikea, WD, inari, hotayi, hp, micron and the likes.

no petrol station atm, everything nearest in simpang ampat/tambun which about 20-30 mins drive.

my ex-boss also bought Eco but left empty.. prefer rent and stay in bkt mertajam coz everything also got.. restaurants, schools, government office, near chai leng and icon city.


but if stay in batu kawan, shopping best is to go queensbay.. juz cross bridge no traffic light.

This post has been edited by lee_lnh: Aug 28 2021, 05:49 PM
uk15029
post Aug 28 2021, 05:45 PM

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QUOTE(focusrite @ Aug 28 2021, 01:24 PM)
Factories in Batu Kawan doing quire well before the pandamic.

Problem with this eco world development is that it is leasehold but still so expensive. Freehold penang mainland is cheap.

If cheaper and leasehold maybe ok

If expensive and freehold also maybe ok

But it is both expensive and leasehold, I don't think many penang lang will want. At that price might as well buy landed in island.

850k can buy in good location on island already
*
It's a freehold actually
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QUOTE(KuzumiTaiga @ Aug 28 2021, 05:35 PM)
i don't live in setia alam but my gf does, at SEP. That place if u are not working in PJ/KL, u can get everything u need within setia alam... so called self sustainable
*
every township also like dat given enough time.. juz whether development will be fast enough... 1 decade, 2 decade, 3decades?...
2002 equine still a rubbish dump.. now also sustainable
sg long last time damn ulu... now also sustainable.. but i wont want go there.. furthest is balakong and back lolx
cyberjaya looks like still got long way to go...
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post Aug 28 2021, 05:47 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 05:35 PM)
i don't live in setia alam but my gf does, at SEP. That place if u are not working in PJ/KL, u can get everything u need within setia alam... so called self sustainable
*
Self contained
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post Aug 28 2021, 05:49 PM

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QUOTE(uk15029 @ Aug 28 2021, 05:45 PM)
It's a freehold actually
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rest of batu kawan is freehold, but the eco horizon is leasehold
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post Aug 28 2021, 05:50 PM

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QUOTE(focusrite @ Aug 28 2021, 05:49 PM)
rest of batu kawan is freehold, but the eco horizon is leasehold
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already converted to freehold by the developer
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post Aug 28 2021, 05:51 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:02 PM)
If you calculate by the basic construction cost (if you are from Development/Construction Industry)

Persqft is approximately RM200-RM250 (Put it at RM250 due to the quality of Eco World)

2400 sqft x RM250 = RM600,000 (Construction Cost)

1400 sqft x RM100 (Land Cost) = RM140,000 (Land Cost)

Total RM740,000 (Costing Only)

You can't blame the upper-end people from Penang/Mainland, when they have excessive money, they just want to put it somewhere solid.

And the project just gotten the CCC this year only.
*
Didn't know u can count like that, maybe landed only. How about common area ?
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post Aug 28 2021, 05:54 PM

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I went to design village. Walked around 2 hrs only bought socks n my dad 2 pair of jeans from Levi's. Looks dead
..worse than Mitsui.
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post Aug 28 2021, 05:55 PM

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QUOTE(Twins10 @ Aug 28 2021, 05:54 PM)
I went to design village. Walked around 2 hrs only bought socks n my dad 2 pair of jeans from Levi's.  Looks dead
..worse than Mitsui.
*
i go there buy burger king and dave's deli only. and sometimes enter watson.
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QUOTE(blanket84 @ Aug 28 2021, 05:07 PM)
I think last time I asked my clients plenty of their workers were staying in bandar akasia. That one is in batu kawan right?
*
Foreign worker stay near stadium. Mostly.working in batu kawan factories
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QUOTE(lee_lnh @ Aug 28 2021, 05:46 PM)
every township also like dat given enough time.. juz whether development will be fast enough... 1 decade, 2 decade, 3decades?...
2002 equine still a rubbish dump.. now also sustainable
sg long last time damn ulu... now also sustainable.. but i wont want go there.. furthest is balakong and back lolx
cyberjaya looks like still got long way to go...
*
QUOTE(dickybird @ Aug 28 2021, 05:47 PM)
Self contained
*
another thing we notice is... Setia Alam is quite a lot safer relative to other areas i.e. Klang, PJ old town, other seksyen in shah alam in terms of covid hot spots... extra benefit in that sense. Again, I don't own any properties in that area.

Sg. Long is a fine place, I very much prefer Bukit Jelutong, from roughly the same period.

Cyber is.. no....... tak boleh.
focusrite
post Aug 28 2021, 05:59 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:50 PM)
already converted to freehold by the developer
*
Really???

Never heard of developer doing that before
kel32
post Aug 28 2021, 05:59 PM

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QUOTE(lee_lnh @ Aug 28 2021, 05:55 PM)
i go there buy burger king and dave's deli only. and sometimes enter watson.
*
burger king having good business for a ghost premium outlets
TRAZE99
post Aug 28 2021, 06:00 PM

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THE PLACE location not worth the price....paid a visit recently.
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post Aug 28 2021, 06:02 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:02 PM)
If you calculate by the basic construction cost (if you are from Development/Construction Industry)

Persqft is approximately RM200-RM250 (Put it at RM250 due to the quality of Eco World)

2400 sqft x RM250 = RM600,000 (Construction Cost)

1400 sqft x RM100 (Land Cost) = RM140,000 (Land Cost)

Total RM740,000 (Costing Only)

You can't blame the upper-end people from Penang/Mainland, when they have excessive money, they just want to put it somewhere solid.

And the project just gotten the CCC this year only.
*
+1

I am an Ecoworld owner (but Eco Majestic in Semenyih)

I know the land here is obviously cheaper, but what we notice is that the gap between precincts are very big (basically a lot of buffer from perimeter fencing to main road)

No matter how many times we try to roughly calculate the cost of materials in building a house + land, it's very hard to believe that EW can still make a decent profit out of it. A lot of cost in maintaining the common area landscaping (outside of precinct, so no sinking fund used), too.


user posted image
focusrite
post Aug 28 2021, 06:04 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 06:02 PM)
+1

I am an Ecoworld owner (but Eco Majestic in Semenyih)

I know the land here is obviously cheaper, but what we notice is that the gap between precincts are very big (basically a lot of buffer from perimeter fencing to main road)

No matter how many times we try to roughly calculate the cost of materials in building a house + land, it's very hard to believe that EW can still make a decent profit out of it. A lot of cost in maintaining the common area landscaping (outside of precinct, so no sinking fund used), too.
user posted image
*
how much you paying for maintenance?
hirano
post Aug 28 2021, 06:05 PM

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QUOTE(ericangtzeann @ Aug 28 2021, 11:46 AM)
U buy house so can go ikea everyday? 😅
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Hngghh can eat ikea meatball and currypuff everyday
lee_lnh
post Aug 28 2021, 06:07 PM

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QUOTE(kel32 @ Aug 28 2021, 05:59 PM)
burger king having good business for a ghost premium outlets
*
yeah.. dunno why they close islandside one at gurney.
BK biznes is good.. DV onealwiz see more abang grab/panda then walk in customers.

haha.. i wouldnt call DV premium outlet... when 1st visit i was expecting similar to JB, Genting and those i visit in US and Japan.
manatau is tryhard copy... not the exact registered "Premium Outlet" groups...


but beside ikea soon gonna have standalone mcD.
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post Aug 28 2021, 06:09 PM

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QUOTE(focusrite @ Aug 28 2021, 06:04 PM)
how much you paying for maintenance?
*
11 cents per sqft. 24*75 = RM198 (Cradleton)

covers landscaping, guards, state of the art security system, weekly mosquito fogging, etc.
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post Aug 28 2021, 06:11 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 05:57 PM)
another thing we notice is... Setia Alam is quite a lot safer relative to other areas i.e. Klang, PJ old town, other seksyen in shah alam in terms of covid hot spots... extra benefit in that sense. Again, I don't own any properties in that area.

Sg. Long is a fine place, I very much prefer Bukit Jelutong, from roughly the same period.

Cyber is.. no....... tak boleh.
*
Setia alam is actually close to top glove factory. I wouldn't say it is safer.
Harry_Bobinski
post Aug 28 2021, 06:17 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 05:57 PM)
another thing we notice is... Setia Alam is quite a lot safer relative to other areas i.e. Klang, PJ old town, other seksyen in shah alam in terms of covid hot spots... extra benefit in that sense. Again, I don't own any properties in that area.

Sg. Long is a fine place, I very much prefer Bukit Jelutong, from roughly the same period.

Cyber is.. no....... tak boleh.
*
I was looking at Bukit Jelutong previously too. But the whole area only has one place that sells pork. Ended up buying Bandar Kinrara despite being more expensive.
PaperClip224
post Aug 28 2021, 06:21 PM

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that area high risk of flood
not housing area, but the areas around it
dickybird
post Aug 28 2021, 06:44 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 05:57 PM)
another thing we notice is... Setia Alam is quite a lot safer relative to other areas i.e. Klang, PJ old town, other seksyen in shah alam in terms of covid hot spots... extra benefit in that sense. Again, I don't own any properties in that area.

Sg. Long is a fine place, I very much prefer Bukit Jelutong, from roughly the same period.

Cyber is.. no....... tak boleh.
*
Haha
Setia alam is like Park City i guess, but for richer Klang peeps.
If you work in KL/PJ, it's a bit far.
As for covid hotspots, it helps that it isn't very high density and as well as the demographic being mainly kiasi cinas.
Nice developement just a bit far for people like me used to living closer to Kl and pj.
loon90
post Aug 28 2021, 06:45 PM

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Alot keh ?
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post Aug 28 2021, 07:04 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 06:02 PM)
+1

I am an Ecoworld owner (but Eco Majestic in Semenyih)

I know the land here is obviously cheaper, but what we notice is that the gap between precincts are very big (basically a lot of buffer from perimeter fencing to main road)

No matter how many times we try to roughly calculate the cost of materials in building a house + land, it's very hard to believe that EW can still make a decent profit out of it. A lot of cost in maintaining the common area landscaping (outside of precinct, so no sinking fund used), too.
user posted image
*
actually accordingly to their annual report, their earnings is around 10% per annum by average.

you can roughly calculate.

740k+10% = 814,000

it's roughly around there
haroldz123
post Aug 28 2021, 08:14 PM

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QUOTE(etan26 @ Aug 28 2021, 01:02 PM)
That's what they said about Puchong and Sunway, ex-mining areas will surely sink .....looked at them now after decades ...
*
Not sure about ex mining but swamp areas in miri toward Brunei border were turned in huge multiple housing estates by awarded winning developer

Now after warranty period, some houses had cracked walled n sinking floor
BL98
post Aug 28 2021, 11:21 PM

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QUOTE(RedBishop @ Aug 28 2021, 04:44 PM)
The Light - Gelugor
*
the light is even more expensive than klcc area
BL98
post Aug 28 2021, 11:24 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 06:09 PM)
11 cents per sqft. 24*75 = RM198 (Cradleton)

covers landscaping, guards, state of the art security system, weekly mosquito fogging, etc.
*
198 per month for a terrace? that is actually quite reasonable.
does it include the clubhouse?
Zaryl
post Aug 28 2021, 11:25 PM

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Rm250k then i might consider buy

Oh wai-
galkelly
post Aug 28 2021, 11:31 PM

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Imagine that price 850k+ bordering mainly kilang2.
And I m sure there's maintenance fee 200-300 easily
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post Aug 28 2021, 11:32 PM

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QUOTE(samquah @ Aug 28 2021, 11:40 AM)
massive amount of subsale but less buyer?
user posted image
rm838k
https://www.mudah.my/Ashton+Gated+Guarded+E...CE-91419709.htm
*
22 x70?

Sell it around 500k. U can get buyer
DarkAeon
post Aug 28 2021, 11:34 PM

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QUOTE(Zaryl @ Aug 28 2021, 11:25 PM)
Rm250k then i might consider buy

Oh wai-
*
u need a time machine and travel back 20 years to get that price
Vista-X
post Aug 29 2021, 02:24 AM

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Funny no one mention bout the daily traffic there. Huge ass lorries , containers to the factories there. For industrial is ok. For residential a huge no no. And factories still mushrooming here n there.
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post Aug 29 2021, 02:34 AM

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800k can get good superlink in klang valley ady
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post Aug 29 2021, 02:51 AM

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QUOTE(Vista-X @ Aug 29 2021, 02:24 AM)
Funny no one mention bout the daily traffic there. Huge ass lorries , containers to the factories there. For industrial is ok. For residential a huge no no. And factories still mushrooming here n there.
*
actually not much big lorries.. semi-truck with containers wont be able to turn due to narrow and sharp 90 degree road.
also coz it's directly out of PLUS 1st exit left to BKIP, 2nd exit right to ikea, aspen, ultropolis, eco, bandar cassia.. so semi trucks got no reason to go right unless send to ikea (only a few semi without kontena on the way back mau jimat toll go back to juru auto, bkt minyak and perai industrial). if go straight is enter 2nd bridge to bayan lepas

btw they're building a flyover instead of previous traffic light to bypass ecohorizon main junction. maybe will complete next 2 years? so now and then see lorry for carry soil only for new developments.

i'm more not syok PLUS is 2 lane consider heavy traffic nearing to juru toll..

This post has been edited by lee_lnh: Aug 29 2021, 03:15 AM
langstrasse
post Aug 29 2021, 09:57 AM

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QUOTE(galkelly @ Aug 28 2021, 01:21 PM)
user posted image

the back of the house looks horible... where the privacy ...
i would never even consider this type.. all the selling point, but in fact dev potong many thing and sell at sky price...sorhai ppl buy de
*
So will residents have to dry their laundry at the front of the house?
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post Aug 30 2021, 02:39 PM

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QUOTE(langstrasse @ Aug 29 2021, 09:57 AM)
So will residents have to dry their laundry at the front of the house?
*
haha even no place to dry cloths
evangelion
post Aug 30 2021, 03:10 PM

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QUOTE(RedBishop @ Aug 28 2021, 05:02 PM)
If you calculate by the basic construction cost (if you are from Development/Construction Industry)

Persqft is approximately RM200-RM250 (Put it at RM250 due to the quality of Eco World)

2400 sqft x RM250 = RM600,000 (Construction Cost)

1400 sqft x RM100 (Land Cost) = RM140,000 (Land Cost)

Total RM740,000 (Costing Only)

You can't blame the upper-end people from Penang/Mainland, when they have excessive money, they just want to put it somewhere solid.

And the project just gotten the CCC this year only.
*
How confident are you on the costing for each individual segment? Can elaborate with reason & percentage confidence? notworthy.gif
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post Aug 30 2021, 03:59 PM

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QUOTE(BL98 @ Aug 28 2021, 11:21 PM)
the light is even more expensive than klcc area
*
KLCC Area RM1.2k persqft and onwards

The Light max also RM900
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post Aug 30 2021, 04:03 PM

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QUOTE(galkelly @ Aug 28 2021, 01:21 PM)
user posted image

the back of the house looks horible... where the privacy ...
i would never even consider this type.. all the selling point, but in fact dev potong many thing and sell at sky price...sorhai ppl buy de
*
Fuh! Ini belakang kilang ke, belakang rumah?
SUSKarl Jung
post Aug 30 2021, 04:04 PM

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And so what got IKEA. IKEA bukan budaya kita. Rather buy a house in Alma/Bukit minyak/Bukit mertajam at rm600k.
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post Aug 30 2021, 04:07 PM

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QUOTE(evangelion @ Aug 30 2021, 03:10 PM)
How confident are you on the costing for each individual segment? Can elaborate with reason & percentage confidence? notworthy.gif
*
Hi there,

First of all, the average costing is determined by
-Construction (Including Raw Materials, and calculation of Inflation)
-Contribution Costs (To Government)
-Infrastructure
-Marketing
-Landscaping/Facilities

It's very hard to explain in % as most of the Developers have different calculation and segmentation, but for Eco World, for sure we understood that they could have spent a lot on

-Marketing, Landscaping, Construction (As their Quality of Construction is considered as very good and often highly rated by Qlassic if you know what that is)

For a normal contractor / developer / QS, they used to calculate Average Cost by PSF (it may differs from Location)
electron
post Aug 30 2021, 09:58 PM

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I guess trying to flip for profit after conversion to freehold
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post Aug 30 2021, 10:02 PM

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QUOTE(KuzumiTaiga @ Aug 28 2021, 06:02 PM)
+1

I am an Ecoworld owner (but Eco Majestic in Semenyih)

I know the land here is obviously cheaper, but what we notice is that the gap between precincts are very big (basically a lot of buffer from perimeter fencing to main road)

No matter how many times we try to roughly calculate the cost of materials in building a house + land, it's very hard to believe that EW can still make a decent profit out of it. A lot of cost in maintaining the common area landscaping (outside of precinct, so no sinking fund used), too.
user posted image
*
wah last time u just a kiddo
now u owner of ecoworld wah lao ...
KuzumiTaiga
post Aug 30 2021, 10:04 PM

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QUOTE(whoopa @ Aug 30 2021, 10:02 PM)
wah last time u just a kiddo
now u owner of ecoworld wah lao ...
*
old dy cry.gif
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post Aug 30 2021, 10:06 PM

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QUOTE(KuzumiTaiga @ Aug 30 2021, 10:04 PM)
old dy  cry.gif
*
Boss any tips on ecoworld project ?

Any units still available ?

Looking for a gated and guard, new project and I believe most of them are at outskirt kl right.

May I know how much is the asking price nowadays?
KuzumiTaiga
post Aug 30 2021, 10:18 PM

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QUOTE(victorian @ Aug 30 2021, 10:06 PM)
Boss any tips on ecoworld project ?

Any units still available ?

Looking for a gated and guard, new project and I believe most of them are at outskirt kl right.

May I know how much is the asking price nowadays?
*
asking price nowadays I would say it's about the same as when they were new, or slightly lower, lol.

I bought my unit as subsale from the original owner, lower than SPA price in 2019, pretty standard these days but the prices surprisingly held steady despite MCO.

It's good la, ecoworld projects. Very safe and secure, just be mindful that you're buying a stratified property. please don't buy here if you're not prepared to follow house rules laugh.gif also please do not buy for investment sake
whoopa
post Aug 30 2021, 10:23 PM

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QUOTE(KuzumiTaiga @ Aug 30 2021, 10:18 PM)
asking price nowadays I would say it's about the same as when they were new, or slightly lower, lol.

I bought my unit as subsale from the original owner, lower than SPA price in 2019, pretty standard these days but the prices surprisingly held steady despite MCO.

It's good la, ecoworld projects. Very safe and secure, just be mindful that you're buying a stratified property. please don't buy here if you're not prepared to follow house rules  laugh.gif  also please do not buy for investment sake
*
post la your house address
ye0073
post Aug 30 2021, 10:36 PM

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This kind of house 838K !!
Wow what a world has became now.
evangelion
post Aug 30 2021, 11:45 PM

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QUOTE(RedBishop @ Aug 30 2021, 04:07 PM)
Hi there,

First of all, the average costing is determined by
-Construction (Including Raw Materials, and calculation of Inflation)
-Contribution Costs (To Government)
-Infrastructure
-Marketing
-Landscaping/Facilities

It's very hard to explain in % as most of the Developers have different calculation and segmentation, but for Eco World, for sure we understood that they could have spent a lot on

-Marketing, Landscaping, Construction (As their Quality of Construction is considered as very good and often highly rated by Qlassic if you know what that is)

For a normal contractor / developer / QS, they used to calculate Average Cost by PSF (it may differs from Location)
*
From construction cost alone....I would say, it's over estimated by quite a bit......
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post Aug 30 2021, 11:49 PM

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Mahal dan jauh gila sial!
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post Aug 30 2021, 11:53 PM

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QUOTE(whoopa @ Aug 30 2021, 10:23 PM)
post la your house address
*
just to go semenyih n shout out his name
eymc
post Aug 31 2021, 12:06 AM

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Crazy Design back of house !
just a matter of time leaks in coming !
ekoh
post Aug 31 2021, 01:54 AM

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got extra money can buy and wait for 10yrs at least for the area to develop, just like the Dedaun bungalow lot down the road, last time quite cheap when launching.
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post Aug 31 2021, 09:52 AM

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even mistress don't wan live at there ...
galkelly
post Aug 31 2021, 10:01 AM

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QUOTE(ye0073 @ Aug 30 2021, 10:36 PM)
This kind of house 838K !!
Wow what a world has became now.
*
Thats why developer end of year earn billions ...
That's why
RedBishop
post Aug 31 2021, 03:33 PM

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QUOTE(evangelion @ Aug 30 2021, 11:45 PM)
From construction cost alone....I would say, it's over estimated by quite a bit......
*
Do you mind to elaborate your estimation then?
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post Aug 31 2021, 05:20 PM

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more and more for sale

https://www.mudah.my/Eco+Horizon+Asthon+Bat...an-90365376.htm

 

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