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 Hype Residences @USJ7 by Sime Darby

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1282009
post Sep 26 2023, 10:48 PM

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QUOTE(pooh88 @ Sep 26 2023, 09:31 AM)
If they wanna sell premium price 850 psf, I don't think the response will be good.  sweat.gif  whistling.gif  shocking.gif
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Ya too high entry

TSIronManz
post Sep 27 2023, 08:22 AM

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QUOTE(1282009 @ Sep 26 2023, 10:45 PM)
Front is petrol station and back is factory area. Correct?
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I think it's the other way round, their front entrance faces the light industry area
BRE
post Sep 27 2023, 08:32 AM

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QUOTE(1282009 @ Sep 26 2023, 11:45 PM)
Front is petrol station and back is factory area. Correct?
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Back are shoplots, further down some light industrial areas & warehouse
BRE
post Sep 27 2023, 08:34 AM

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QUOTE(IronManz @ Sep 27 2023, 09:22 AM)
I think it's the other way round, their front entrance faces the light industry area
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Hype entrance yes facing light industrial area/warehouse
lelynx
post Sep 27 2023, 10:00 AM

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between Hype and Damen, there is a small plot of land (in which the old condo was demolished last time).
any idea what's the future usage for this?
Aaron212
post Sep 27 2023, 10:06 AM

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QUOTE(lelynx @ Sep 27 2023, 06:00 AM)
between Hype and Damen, there is a small plot of land (in which the old condo was demolished last time).
any idea what's the future usage for this?
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u mean the old abandon project? ppl go there fishing for fish and paranormal activities it seems
TSIronManz
post Sep 27 2023, 10:17 AM

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QUOTE(Aaron212 @ Sep 27 2023, 10:06 AM)
u mean the old abandon project? ppl go there fishing for fish and paranormal activities it seems
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Aaron, paranormal? You mean Pokemon Go?
lelynx
post Sep 27 2023, 10:17 AM

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Since I've placed the booking while waiting for the final pricing before making the final decision, I've done some surveying around the rental market at the surrounding areas.

And I try to compare those 'so-called high end project' as that's the better comparison with Hype. I didn't compare with those shoddy one. Few of the same prime projects which I've found so far. Feel free to add-on if I've missed anything. As I'm trying to gauge the rental yield here smile.gif

1) Those with close distance with Sunway/Monash U (e.g. Sun-U, South Quay, Sunway Qeo, Unions and etc). Average around 1k-1.5k per room
2) USJ One Residence (nearby Mydin). Around 1K too per room. Wondering why this project can command such high rental, anyone?
3) I didn't include Damen resident or Edumetro as I think the 'class' is not the same. Lifestyle concept is not strong for both these two

This post has been edited by lelynx: Sep 27 2023, 10:21 AM
Aaron212
post Sep 27 2023, 10:33 AM

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QUOTE(IronManz @ Sep 27 2023, 06:17 AM)
Aaron, paranormal? You mean Pokemon Go?
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paranormal

not sure maybe ive seen it on fb
BRE
post Sep 27 2023, 01:40 PM

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QUOTE(lelynx @ Sep 27 2023, 11:17 AM)
Since I've placed the booking while waiting for the final pricing before making the final decision, I've done some surveying around the rental market at the surrounding areas.

And I try to compare those 'so-called high end project' as that's the better comparison with Hype. I didn't compare with those shoddy one. Few of the same prime projects which I've found so far. Feel free to add-on if I've missed anything. As I'm trying to gauge the rental yield here smile.gif

1) Those with close distance with Sunway/Monash U (e.g. Sun-U, South Quay, Sunway Qeo, Unions and etc). Average around 1k-1.5k per room
2) USJ One Residence (nearby Mydin). Around 1K too per room. Wondering why this project can command such high rental, anyone?
3)  I didn't include Damen resident or Edumetro as I think the 'class' is not the same. Lifestyle concept is not strong for both these two
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Bro lelynx, buying for investment? Didnt buy serasi?

Can compare with damen la as i think its nt shoddy?
lelynx
post Sep 27 2023, 07:04 PM

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QUOTE(BRE @ Sep 27 2023, 01:40 PM)
Bro lelynx, buying for investment? Didnt buy serasi?

Can compare with damen la as i think its nt shoddy?
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Serasi is under wifey; standalone
For Hype, it's waiting game for me to get the final launching price; as the current indicative psf is just TOO HIGH
Even though SDP will offer those earlybird % discount but it's already marked up
nowadays, most of those prime condo projects cannot have rental to cover monthly installment... sigh
Damen is lacking the 'feel' of well maintained condo services. but it's a good reference for rental market for student/young adults. as it's the same gameplay for Hype

This post has been edited by lelynx: Sep 27 2023, 07:08 PM
TSIronManz
post Sep 27 2023, 09:03 PM

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QUOTE(lelynx @ Sep 27 2023, 07:04 PM)
Serasi is under wifey; standalone
For Hype, it's waiting game for me to get the final launching price; as the current indicative psf is just TOO HIGH
Even though SDP will offer those earlybird % discount but it's already marked up
nowadays, most of those prime condo projects cannot have rental to cover monthly installment... sigh
Damen is lacking the 'feel' of well maintained condo services. but it's a good reference for rental market for student/young adults. as it's the same gameplay for Hype
*
Lelynx, I won't compare Hype with those within walking distance from Sunway, different league, so the rental income differs by a bit. Some students are ok with walking but not that ok with having to take BRT many times a day (some would like the convenience of being able to frequently commute between college and home).

But I think Hype is good for own stay or to rent out to working people who prefer to use LRT/... to work

This post has been edited by IronManz: Sep 27 2023, 09:03 PM
BRE
post Sep 27 2023, 09:24 PM

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QUOTE(lelynx @ Sep 27 2023, 08:04 PM)
Serasi is under wifey; standalone
For Hype, it's waiting game for me to get the final launching price; as the current indicative psf is just TOO HIGH
Even though SDP will offer those earlybird % discount but it's already marked up
nowadays, most of those prime condo projects cannot have rental to cover monthly installment... sigh
Damen is lacking the 'feel' of well maintained condo services. but it's a good reference for rental market for student/young adults. as it's the same gameplay for Hype
*
Bought samm unit in serasi bro?

The 850psft proposed price is gross for fully furnished i think
lelynx
post Sep 27 2023, 11:44 PM

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QUOTE(IronManz @ Sep 27 2023, 09:03 PM)
Lelynx, I won't compare Hype with those within walking distance from Sunway, different league, so the rental income differs by a bit.Ā  Some students are ok with walking but not that ok with having to take BRT many times a day (some would like the convenience of being able to frequently commute between college and home).

But I think Hype is good for own stay or to rent out to working people who prefer to use LRT/... to work
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yup, i only use those within walking distance to schools as reference to the higher rental yield, BRT vs Walking distance.
that's why my main comparison so far is Damen and USJ One residence. What puzzles me is USJ One residence which is demanding RM1K per room. Nothing 'hype' there except the Int. School. As it's a distance away to LRT station with standalone condo design only.
At least SDP Hype will have future shoplot there. If they can do something as SS15 Courtyard with small neighborhood mall, then it might drive the value
I think I will find time to have "lawatan sambil belajar' for the student's appetite. Are they willing to take BRT and pay a cheaper rental. Provided SDP lower this psf pricing of Hype
For the target of working adults, it's a tough competition as there are many existing projects with LRT station nearby. Why choose Hype over them? E.g. Serasi, this will outshine Hype for working adults whom prefer to use LRT to work in term of pricing

This post has been edited by lelynx: Sep 27 2023, 11:57 PM
lelynx
post Sep 27 2023, 11:45 PM

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QUOTE(BRE @ Sep 27 2023, 09:24 PM)
Bought samm unit in serasi bro?

The 850psft proposed price is gross for fully furnished i think
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Not SAMM unit. Normal 2 room type.

It's -20k to 25K only for the partial furnish. It's still a high asking price if they set it at 850psf for Hype. Hence the waiting game now
1282009
post Sep 28 2023, 01:14 AM

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QUOTE(BRE @ Sep 27 2023, 09:24 PM)
Bought samm unit in serasi bro?

The 850psft proposed price is gross for fully furnished i think
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How much rebate u think they will give, 10%? I think its still high price.

Eddy924
post Sep 28 2023, 07:34 AM

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For investment and potential future appreciation I would choose Pinnacle SJ. I favour the location at SS16 and closer to SS15. Plus I think the future development on the large piece of land in front of Subang Jaya LRT/KTM gonna be beneficial to that area.

If I want own stay with more kids, larger family size then I would choose Hype. I favor its large layout, more rooms. Can stay with parents and child, that depends on personal preference though, but what I refer to was the larger layout more rooms.

Both are close to groceries and eateries.

This post has been edited by Eddy924: Sep 28 2023, 07:41 AM
BRE
post Sep 28 2023, 07:39 AM

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QUOTE(1282009 @ Sep 28 2023, 02:14 AM)
How much rebate u think they will give, 10%? I think its still high price.
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They give rebate in tier form, maybe up to 8%?
BRE
post Sep 28 2023, 07:41 AM

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QUOTE(lelynx @ Sep 28 2023, 12:45 AM)
Not SAMM unit. Normal 2 room type.

It's -20k to 25K only for the partial furnish. It's still a high asking price if they set it at 850psf for Hype. Hence the waiting game now
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Wah bro so loaded aiming for 3rd prop🤣 after rebates, maybe ard 800psft
pooh88
post Sep 28 2023, 09:30 AM

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QUOTE(Eddy924 @ Sep 28 2023, 07:34 AM)
For investment and potential future appreciation I would choose Pinnacle SJ. I favour the location at SS16 and closer to SS15. Plus I think the future development on the large piece of land in front of Subang Jaya LRT/KTM gonna be beneficial to that area.

If I want own stay with more kids, larger family size then I would choose Hype. I favor its large layout, more rooms. Can stay with parents and child, that depends on personal preference though, but what I refer to was the larger layout more rooms.

Both are close to groceries and eateries.
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Bro you bought the Pinnacle SJ too? thumbup.gif icon_idea.gif bruce.gif
For Hype I might get 1, now depend on the official price whether can cover the rental
& maintenance fee!!! sweat.gif whistling.gif shakehead.gif

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