Got their free Starbucks voucher today .. hehe..

Yes.. the show unit is very nice and heavily-invested.. wonder those publicity cost will pass on to buyers ..

This is my 4th visit to Setia Walk (show office and gallery) and I had received tonnes of email, post card, invi letter and phone calls from SP Setia.. I love and hate at the same time..
I love it bcos of its concept and location..
I hate it bcos I love it but cant find any practical sence to own or invest in it.. despite visiting the show office frequently ..

Despite with heavy publicity being done on web, newspaper, radio and roadshow after more than half year since it soft launch in late July last year, pick-up rate is still rather slow.. Counted 79 stickers on the board today.. that would be approximate 11 or 12% of 720 units.. I doubt that all the units will be fully sold upon completion .. More than thousand ppl flock into the show office during soft launch but most come out with empty handed..

Half of the sold units are the 845 sqft.. mostly I guess are bought by investors..

I am not sure what is the rental like after 3 years down the road, say if we want to achieve 6% ROI, the 845 sqft would need to rent out at RM1700 (including maintanence fee and assessment rate).. That would be RM2.01 psft. Given the closest benchmark which is Aseana Puteri, the estimated rental price with estimated 5% compounded increament for every year will be RM1.33 psft. The rental in SW is about 50% more than other condos around in puchong.. Not to mention, with the same RM1700, SW only can offer 845sqft while Aseana can offer 1300sqft.. Will tenant pay the extra 50% for the life style concept and convenient??

I am not bashing on SW, I just need opinion on investment analysis point of view..

I am concern because, after more than 6 months heavily promoted and publicity, still less than 100 units sold and its still not well received by buyers and investors.. When the new block is launched with higher price tag, can it still sell??

Any guru can give opinion??

Do you mean location is the only vital criteria regardless of cost and potential ROI?? if SW selling RM 1mil for 845sqft, you will still prefer as only fundamental for investing property are location only ??

Whatever it is, All units almost snap up, can cosider sold out as left with some bad units only, confirm at least 10% increase for 2nd block.

Pricing of 1st block is not investment value. I doubt there are takers for 2nd block. People would rather wait and see the progress of the commercial shops before making decision.

Chances are...Wait and pay higher...
Provided the commercial and Office block go well, it will be the most prestige landmak in Puchong as a whole.

Any idea when r they gonna launch 2nd block?

well, most expensive yes....but most prestigious? hmmm...doesnt seem to be very prestigious from their showroom but have yet to see their finished product. only time will tell...

See like LRT route will boost SetiaWalk...

Since I missed The Zest, might give SW a second thought.

Any sifus or taikors wan to give some precious views? 

1. SW will be the land mark of puchong.
2. If Puchong slump, SW also slump.
3. If PFCC, IOI Belev, SW commercial blocks all work out, SW will be the 1st one to be benefited.

SW will be the land mark of puchong.
If Puchong slump, SW also slump.
If PFCC, IOI Belev, SW commercial blocks all work out, SW will be the 1st one to be benefited.

With 5 stations in Puchong in 3 years time, compounded with IOI and SPS, you dun need a coin to toss...

Xui Cheng, thanks for your remarks on SW.

Yes, talking about buying properties...whether for own stay or investment, the major factors we should consider are location, developer, surrounding amenities, public transport, accessibility to major towns, future appreciation of properties, bla bla bla....all these seem to be in the favour of SW.

Ah, almost forget to mention about the price...damn...many people seem to be scared away by the so called high premium price charged by SPS. 

Before I take my order...need more opinions from the sifus to enlighten me. 

Just visit:  http://www.realestate.net.my/forum/viewtop...t=20928&start=0 , u will see plenty of discussion, good and bad.

Most of the critic = Traffic Jam, which may be lighthened by the LRT.

Price = i dun think it is very "overpriced" since Zarra of IOI also selling 600k.

Pai,
I dun intend to write a thesis to justify. will be the same comment in the above link, which u are also a member.

Thanks

Xui Cheng,

the link u posted has lots of garbage and there's a lot more fighting going on VS discussing the subject. Since you come here and claim the following :


- SW will be the land mark of puchong.
- If Puchong slump, SW also slump.
- If PFCC, IOI Belev, SW commercial blocks all work out, SW will be the 1st one to be benefited.

These are such strong selling statements that could rightly lead OR mis-lead others, so I believe there's nothing wrong with me or anyone asking for justification.  With so many forumers here vested in Puchong based developments, it will be interesting to see how SW affects the rest from your point of view.

The link i posted contained more critics than praises over SW