That land has been vacant (and overgrown with trees and shrubs) for many years dy and it's shaped more like a triangle than a rectangle. I happen to live in that condo and the unit I'm staying in is facing in that land's direction. Occasionally the previous owner will arrange for some clearing but left some trees near the neighbouring houses alone. Only at one time did they dispatch a contractor to do some soil testing in January before CNY, but after that, it's all quiet. Was quite surprised to see the Aetas banner stuck on the hoarding when I just came back from work today. Gonna suck that the KL view will be gone once it's completed in 2027, but at least there won't be bugs flying in during the night when the construction commences.

Long before this announcement, I heard from an acquaintance that the previous developer (not sure who, but it's a small-time one) tried to sell at around that price for lesser density, but received a really poor response that it was abandoned and left as it is until now. Not sure how much will MCT sell this, but if they're trying to sell the units at a similar price like Setia Sky Seputeh nearby (RM 2 mil and above for a 2,xxx sf unit), I really doubt that it will be a fast seller as the latter still have a lot of units for both blocks. Considering that individual-titled terrace houses in the area can fetch RM 1 mil and bungalows can go up to RM 2 mil or more, it's going to be quite a hard sell at that price point.

This post has been edited by DesRed: Mar 8 2023, 09:25 PM

Official Site: https://aetasseputeh.my/

Selling price from the site:
1) 3,493 sf | 3+1 Bedrooms | RM3.49 mil
2) 3,498 sf | 4+1 Bedrooms | RM3.50 mil
3) 3,753 sf | 4+1 Bedrooms | RM3.75 mil

Looks like around RM 1,xxx/sf, which is equivalent to Setia Sky Seputeh. I'd just say good luck since I hadn't seen any construction progress when I passed by today. In that article linked in the OP, they said 2nd quarter of 2023...

For the price offered by both this project and Setia Sky Seputeh, I'd rather go for Bon Estates @ Bangsar South coz you can get around RM 7xx/sf for the same unit sizes (during its launch back in 2018, it was selling at RM 6xx/sf). I mean, seriously, outside of a few fancy GnG housing areas such as Sierra Seputeh, Seputeh Heights, Mutiara Seputeh and Seputeh Gardens, the rest of the landed houses (terrace, Semi-D and bungalows) look ordinary, just like those in your atypical housing area. Wonder what they were thinking in selling at the price of RM 1,xxx/sf for both the former projects. Even recently completed/newly launched Taman Desa projects aren't selling at that price point.