Yes brutus is right.. The 2+1 already taken away, instead they change it to bigger unit with 3 rooms..

Its easy maths to estimate the pricing.. currently the estimated price is RM345psft.

845sqft x 345 = RM290k
1007sqft x 345 = RM347k
1138sqft x 345 = RM392k
1350sqft x 345 = RM465k

Be noted these are the starting price only (means starting from the most undesirable location). And as the unit move higher floor, 1k -2k will be incremented.

the SA there told me the average price range is RM 363psf. the financing package and free MOT does help cushion the price a bit.
looking at the R2 layouts, best to get the 1007sqft unit. it is available at the corner unit where in R3 was the 845sqft unit located.

Ic... maybe RM345psf is the starting price while average is RM363psf.. Most expensive might soar RM380psf??

Can this be a flipping investment? using 1007sqft unit:
Purchase: RM350k
Flipping: RM420k (try to gain at least 20%, not to mention, try to overcome the 5%RPGT)
Herm.. RM420k for a 1007sqft unit is even tougher to flip than Mont Kiara Condos IMHO.

Can this be a Rental feasible investment? using 1007sqft unit:
Purchase: RM350k
Renting out bare unit, Aiming 5% ROI (although 6% is more ideal, but we try to be conservative)=RM17500/year
Maintenence=RM250/month (0.25cent/sqft), thus 12 months will be RM3000
Assessment fee (commercial title more expensive) = RM1000/year
Thus total rental per year = 17500+3000+1000=RM21500
Rental per month=RM21500/12 ~ RM1800 (and we are talking about bare unit with 5% ROI)
If aiming for 6% ROI, rental will be about RM2080 permonth with bare unit
Tough on rental..

what if it is for flipping and if can secure the 5/95 financing couple with the 2.5% rebate, the capital outflow is very minimal.
might still be doable if were to flip at 400K?

It might look feasible but it will be tough to get a subsale buyers IMHO
1st hand buyer buying from developer will be easy due to low downpayment and easy entry cost, but not so for subsale buyers.

yes at 400K for a 2R2B is seemingly expensive but who would SP be targeting for this development at this kind of prices?

1007 sqft for 400k at puchong...can sell? don't think so at this moment, probably 5 years down the road..but anything can happen... however if 400k, landed looks more appealing?

I have been asking the same question since their soft launch back in July 2008.. bro, you are more pro than me, plz enlighten me

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Added on October 28, 2009, 11:37 pmWe are talking about RM400k upon completion.. but if it takes 5 years to be sound reasonable at RM400k, thats less than 15% appreciation, that is simple 3% perannum, less than 3% compounded appreciation per year. Moreover appreciation from non-complete project

My not so well known apartment appreciated 25% from non-complete to upon CF in less than 1 n half year man

This post has been edited by eugene jk: Oct 28 2009, 11:40 PM

everything also though except the 2.5 discount and 5/95..

but on the other hand,
got other projects also with 5/95.

1 sentul and the plaza damas3.

wah, you put me on the praying table meh?! where got I am more pro than you on this. their first phase was given a miss by myself and vested into TZ. so, how can I be more pro?
anyway, I do think SP is trying something different for Puchong. SW also got 759 units, more than TZ. so, cant be all wrong right?

i can see SP setia is pick up their speed for setia walk now..is because of market recovery???

pardon me. what is TZ? zest is it?

TZ is The Zest

no que just then. passing thru the area. hehe

how can u compare setia walk with the zest??? setia walk located at Puchong heart..and the zest with only a to bukit jalil road???
Setia Walk can access all kind of banks within 5 min...how to compare with TZ..

I hope this SW new launch will do well, else I wont be able to sell off my Zest at RM450psf later......


Buy, buy, buy

I wanna use the Putrajaya highway to get to KL mah... so TZ location also not too bad la...
Kinrara also got banks... plus I only go to banks less than 5 times a year

Anyway SW is really setting a new benchmark for Puchong, especially in terms of the price

do Setia Walk will bring up the terrace house at Wawasan 1 since the landed cost 250-300k for 18x65 basic unit...How can service apartment cost 1000 sq.ft cost more than than??

Dude.. there is no correlation why high rise "must be cheaper" than landed.. classical examples are in Bandar Utama and TTDI..

Must Zen be cheaper than the kampung houses around, or even compare with landed in Puchong Utama..

This post has been edited by eugene jk: Oct 30 2009, 07:59 PM

which high-rise in bu price higher than bu terrace (which bu), can give example?

most of the time, people buy high-rise becoz not able to buy landed at the same area... but some people just wanna save face, highlight all the high-rise pros and complaints on landed cons.

This post has been edited by trojant: Oct 30 2009, 05:34 PM