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 Hype Residences @USJ7 by Sime Darby

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Clueless07
post Oct 17 2023, 11:11 AM

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hmmm... not sure if i like this area too much.
I will take the SJCC anytime compare to here.

may be yeah- the BRT is a plus point. but if we drive.....
the road around USJ is way overloaded.

Summit really dead- Damen also not much sign of life
Gorila_
post Oct 17 2023, 11:17 AM

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QUOTE(infernoaswen @ Oct 17 2023, 10:10 AM)
The so called undervalued properties in USJ are all super old which requires hefty renovation fees, you probably need to prepare at least minimum 150k-200k cash for renovations else it wouldn't be "undervalued" in the first place. Not everyone has that kind of cash for renovations. 
Yes I was told the same, can't apply now plus chances of getting it is quite slim since so much interest in it. Anyway will still try my luck too.
Yes its too expensive, they are hyping up for the location. This area is nice if you're living in a landed property. USJ is famous for that, to sell a high rise for such a price tag honestly lost my interest especially when there are many phases to go for this TOD sweat.gif Anyway all the best for those who are investing in it, will keep my eye on the upcoming auction units in the next few years  unsure.gif
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Nowadays Maybank offer mortgage+Reno loan up to 120% margin for landed subsale property, can use that to make good and Reno.

And I noticed Selangor property also going for minimum 800psf with KL area trying the 1kpsf mental ceiling,.more prime KL area comfortably sitting above 1kpsf.

Guess inflation and construction cost is unavoidable.


Time to buy some subang landed while you get generation going for highrise.
Clueless07
post Oct 17 2023, 12:36 PM

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thought there are few projects 500-600 sqft?

or are those in futher area like puchong/bukit jelutong area?
all around subang is 800RM/sqft above ya?
Longshot
post Oct 17 2023, 01:19 PM

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QUOTE(infernoaswen @ Oct 17 2023, 10:10 AM)
The so called undervalued properties in USJ are all super old which requires hefty renovation fees, you probably need to prepare at least minimum 150k-200k cash for renovations else it wouldn't be "undervalued" in the first place. Not everyone has that kind of cash for renovations. 

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Boss,
Buying subsale always need higher upfront but you get the benefits of certainty in viewing the actual product and it's surrounding. No artist impression only...ya

You also don't necessarily need to spend 150k-200k, can do the basic first like new wardrobe, replace floor tiles, new wiring, plumbing, extra water tank (this is a must...ya), lights and fans. For new coat of paint, I normally do the internal myself and only engage Bangla to do outside.

Once you have extra later, can do up more....lor
But I have to admit, it won't be grand or make friends drool 🤤 over ur house but that's how we all started.

There are no more new landed in USJ. Even if got, you might need to sell ur kidney and hope your boss won't fire you until you are 80 years old....ya

Longshot
post Oct 17 2023, 01:33 PM

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QUOTE(BRE @ Oct 17 2023, 07:14 AM)
Yes, serasi considered so so only that is why the price difference of rm300+ psf which is massive. Since both also not prime, is hype considered overpriced?🫨🥴😵‍💫
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Boss,
I think sdp saw how well Grand at SS15 is selling.

But they overlooked how You One located a stone throw away 🙈 is doing.
Edumetro isn't faring any better.

And Grand had much fewer units, 5xx units to move at a launch price of 850psf to 935psf.
So price haven't moved much since Grand was launch around 2018 if I recall correctly (memory not good nowdays ... getting old....jor).

The Grand may make sense bcos the absolute price is low due to the smaller size. You pay RM500k and to earn a 4% return, you only need RM20K. That's RM1666 per month excluding maintenance fee and statutory payments.

So, does that answer ur question?

If still not, just wait for the next launch after Hype.
I'm pretty sure that launch price will answer ur question.





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infernoaswen
post Oct 17 2023, 02:17 PM

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QUOTE(Longshot @ Oct 17 2023, 01:19 PM)
Boss,
Buying subsale always need higher upfront but you get the benefits of certainty in viewing the actual product and it's surrounding. No artist impression only...ya

You also don't necessarily need to spend 150k-200k, can do the basic first like new wardrobe, replace floor tiles, new wiring, plumbing, extra water tank (this is a must...ya), lights and fans. For new coat of paint, I normally do the internal myself and only engage Bangla to do outside.

Once you have extra later, can do up more....lor
But I have to admit, it won't be grand or make friends drool 🤤 over ur house but that's how we all started.

There are no more new landed in USJ. Even if got, you might need to sell ur kidney and hope your boss won't fire you until you are 80 years old....ya
*
Yes but since you were comparing hype with the landed house I am pointing out the hefty upfront cost that is required in some of these old landed properties. Not to forget auto gate, roofing & so on as well & the time wasted in getting all these fixed as it breaks down over time. I know this because my parents do have a landed house in USJ, so based on our experience & neighbors...be prepared with the cash & due to inflation the cost of construction these days are not as cheap back then. Even kitchen cabinets would cost at least 20-30k depending on the materials used.
Longshot
post Oct 17 2023, 02:33 PM

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QUOTE(infernoaswen @ Oct 17 2023, 02:17 PM)
Yes but since you were comparing hype with the landed house I am pointing out the hefty upfront cost that is required in some of these old landed properties. Not to forget auto gate, roofing & so on as well & the time wasted in getting all these fixed as it breaks down over time. I know this because my parents do have a landed house in USJ, so based on our experience & neighbors...be prepared with the cash & due to inflation the cost of construction these days are not as cheap back then. Even kitchen cabinets would cost at least 20-30k depending on the materials used.
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Boss,
Tq for ur highlight.
Me toilets cleaner only, don't know much about owning property....ya

Tq for enlightened siu dai....ya

Didn't know buying property need so much cash.



bennomin
post Oct 17 2023, 04:27 PM

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QUOTE(Longshot @ Oct 17 2023, 06:29 AM)
Boss,
Ur recent purchase late last year can consider it dai tou lan... i.e. good buy...mou?
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Boss,

Dai tou lan or not…not determined by me leh market determine for me haha.

I hope I made the wise choice. Need more advice from y’all on the next one.
bennomin
post Oct 17 2023, 04:29 PM

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QUOTE(Longshot @ Oct 17 2023, 01:33 PM)
Boss,
I think sdp saw how well Grand at SS15 is selling.

But they overlooked how You One located a stone throw away 🙈 is doing.
Edumetro isn't faring any better.

And Grand had much fewer units, 5xx units to move at a launch price of 850psf to 935psf.
So price haven't moved much since Grand was launch around 2018 if I recall correctly (memory not good nowdays ... getting old....jor).

The Grand may make sense bcos the absolute price is low due to the smaller size. You pay RM500k and to earn a 4% return, you only need RM20K. That's RM1666 per month excluding maintenance fee and statutory payments.

So, does that answer ur question?

If still not, just wait for the next launch after Hype.
I'm pretty sure that launch price will answer ur question.
*
Agree with you LongShot boss.

They overconfident with their product seeing the response from the last few launches.

Let’s see how the market reacts with their sales strategy.
BRE
post Oct 17 2023, 06:11 PM

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QUOTE(Longshot @ Oct 17 2023, 02:33 PM)
Boss,
I think sdp saw how well Grand at SS15 is selling.

But they overlooked how You One located a stone throw away 🙈 is doing.
Edumetro isn't faring any better.

And Grand had much fewer units, 5xx units to move at a launch price of 850psf to 935psf.
So price haven't moved much since Grand was launch around 2018 if I recall correctly (memory not good nowdays ... getting old....jor).

The Grand may make sense bcos the absolute price is low due to the smaller size. You pay RM500k and to earn a 4% return, you only need RM20K. That's RM1666 per month excluding maintenance fee and statutory payments.

So, does that answer ur question?

If still not, just wait for the next launch after Hype.
I'm pretty sure that launch price will answer ur question.
*
Hype will be launched i think 700+psft nett semi furnished- got advantage of walking distance to lrt n brt stn, but surrounding not so nice. Price lower than Teja, so i think sdp wont have problem selling- foresee sold out within 6 months to 1 year
TSIronManz
post Oct 17 2023, 06:50 PM

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QUOTE(infernoaswen @ Oct 17 2023, 10:10 AM)
The so called undervalued properties in USJ are all super old which requires hefty renovation fees, you probably need to prepare at least minimum 150k-200k cash for renovations else it wouldn't be "undervalued" in the first place. Not everyone has that kind of cash for renovations. 
*
Agree, a lot of energy to major overhaul old properties, better to get new property
bennomin
post Oct 17 2023, 07:02 PM

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QUOTE(BRE @ Oct 17 2023, 06:11 PM)
Hype will be launched i think 700+psft nett semi furnished- got advantage of walking distance to lrt n brt stn, but surrounding not so nice. Price lower than Teja, so i think sdp wont have problem selling- foresee sold out within 6 months to 1 year
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700++ for semi furnish sound reasonable larh.

If 850-900 ++ for fully furnished also abit overpriced alrdy.

What furnish they provides that need close to 150psf extra? I just don’t see the value behind getting fully fitted other than the time and energy required to get the furniture.

Let’s say 150psf extra for 2 bedder, that’s around 100k extra…good that it can be included in the financing as well as DLP. But I don’t see the value behind it assuming partial furnish is 700psf ++.


bennomin
post Oct 17 2023, 07:04 PM

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QUOTE(IronManz @ Oct 17 2023, 06:50 PM)
Agree, a lot of energy to major overhaul old properties, better to get new property
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That’s true bosss but is the locations which attract buyer to old properties which new properties with the similar size and sense of community cannot offer. Also more uncertainty on the final products.

But financial wise, new property way better than old properties if not cash rich.
masterelr
post Oct 17 2023, 08:30 PM

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When is the completion date for this ya? I'm planning to get my first property and seriously considering a 2 bedroom unit. I like how close this is to the LRT/BRT and also shops nearby which is convenient. Been renting rooms for myself near Sunway Pyramid for the past 20 years and I think it's about time I get my own place. Waiting for the official pricing to be out..
I'm new to this but I'm guessing I'll probably get some sorta discount for first time property buyers?

This post has been edited by masterelr: Oct 17 2023, 08:35 PM
1282009
post Oct 17 2023, 08:39 PM

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QUOTE(masterelr @ Oct 17 2023, 08:30 PM)
When is the completion date for this ya? I'm planning to get my first property and seriously considering a 2 bedroom unit. I like how close this is to the LRT/BRT and also shops nearby which is convenient. Been renting rooms for myself  near Sunway Pyramid for the past 20 years and I think it's about time I get my own place. Waiting for the official pricing to be out..
I'm new to this but I'm guessing I'll probably get some sorta discount for first time property buyers?
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Is Hype suitable for own stay?

em_on
post Oct 17 2023, 09:28 PM

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QUOTE(IronManz @ Oct 17 2023, 06:50 PM)
Agree, a lot of energy to major overhaul old properties, better to get new property
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yes, though some ppl may buy for its 'location' instead
TSIronManz
post Oct 17 2023, 10:02 PM

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QUOTE(masterelr @ Oct 17 2023, 08:30 PM)
When is the completion date for this ya? I'm planning to get my first property and seriously considering a 2 bedroom unit. I like how close this is to the LRT/BRT and also shops nearby which is convenient. Been renting rooms for myself  near Sunway Pyramid for the past 20 years and I think it's about time I get my own place. Waiting for the official pricing to be out..
I'm new to this but I'm guessing I'll probably get some sorta discount for first time property buyers?
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master, please do get one, it's always better to pay your monthly installments for your own property rather than help someone else (landlord) pay his installment for his property.
Give the developer a call tomorrow and register yourself as an early bird so that when it's launched, you have more priority to do unit selection:
https://www.simedarbyproperty.com/sj7/hype-residences/

TSIronManz
post Oct 17 2023, 10:06 PM

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QUOTE(em_on @ Oct 17 2023, 09:28 PM)
yes, though some ppl may buy for its 'location' instead
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For the same location nearby, can also get new property, just that not landed. Actually when you think of it, these days how many younger generation people do gardening in the front or back yards? Landed won't have much difference vs condo.
em_on
post Oct 17 2023, 10:31 PM

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QUOTE(IronManz @ Oct 17 2023, 10:06 PM)
For the same location nearby, can also get new property, just that not landed.  Actually when you think of it, these days how many younger generation people do gardening in the front or back yards?  Landed won't have much difference vs condo.
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It does, esp the ease of car park and also the needless to wait lift
TSIronManz
post Oct 17 2023, 11:09 PM

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QUOTE(em_on @ Oct 17 2023, 10:31 PM)
It does, esp the ease of car park and also the needless to wait lift
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Re car park, I guess it's how frequently each day we need to access to where our car is parked.
And most families have more cars than they can park in their house compound, so some would still have to walk to where the car is parked.

That's true re the lift, though sometimes the wait in the traffic to get out to the main road may be longer than waiting for the lift, and young people these days can wait anywhere because they can use their phones while waiting.



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