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Financial Setia Walk..Puchong, pre-launch R3 service apartment..

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Pai
post May 30 2010, 02:52 AM

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QUOTE(kbandito @ May 30 2010, 02:09 AM)
When DPC Westside Towers is rumored to start at RM500psf, is SW overpriced? Tropics also RM300psf+ only wo.
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DPC is in the world of its own.........wouldnt put it in the same league as SW or Tropics....
aquest
post May 30 2010, 02:41 PM

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QUOTE(kbandito @ May 30 2010, 02:09 AM)
When DPC Westside Towers is rumored to start at RM500psf, is SW overpriced? Tropics also RM300psf+ only wo.
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some ppl may not like the idea of seggregating their car park from the residential block. westside is 1 such tower. it is also said to be located besides 2 large water tanks. from the artiste impression, the walking distance from the residential tower to the carpark is separated by the swimming pool. the min >rm500 psf does not include interest under construction that is not absorbed by the developer. moreover, many still consider that dpc is just an extension of kepong but with a different address.

consider this:

westside (interest under construction not absorbed by developer)
min price rm500 psf (i think is much higher than this)
max price rm??? psf

sw currently (interest under construction absorbed by deveoper)
min price rm380 psf (for type a units 1350 sf but already sold out)
max price rm465 psf (for type d units 845 sf also already sold out tho lowest floor units at rm420 psf still available)

u r comparing a condo with a serviced apt. not an appropriate comparison.



kbandito
post May 30 2010, 05:16 PM

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I don't see big difference between Westside at the north, Tropics at the middle, and SW at south in the map.
1. Speaking of township, DPC thou is isolated, Kepong has basically all amenities, although outside DPC there is class difference. For Tropics definitely has easiest accessibility to basically everywhere provided you have own transport. Puchong although is developing fast but it never comes to my liking, what is the difference with Kepong other than population?
2. Average household income of these three areas, can Puchong beats the other 2?
3. Public transportation, ok SW wins hands down with the coming LRT.

Only my two cents, and even if we take 0% interest rate into account it doesn't balloon the actual cost of the remaining two.

Condominium and Service Apartment are both high rise residential, the difference is on the land use, no big difference.

This post has been edited by kbandito: May 30 2010, 05:21 PM
aquest
post May 31 2010, 04:49 AM

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QUOTE(kbandito @ May 30 2010, 05:16 PM)
I don't see big difference between Westside at the north, Tropics at the middle, and SW at south in the map.
1. Speaking of township, DPC thou is isolated, Kepong has basically all amenities, although outside DPC there is class difference. For Tropics definitely has easiest accessibility to basically everywhere provided you have own transport. Puchong although is developing fast but it never comes to my liking, what is the difference with Kepong other than population?
2. Average household income of these three areas, can Puchong beats the other 2?
3. Public transportation, ok SW wins hands down with the coming LRT.

Only my two cents, and even if we take 0% interest rate into account it doesn't balloon the actual cost of the remaining two.

Condominium and Service Apartment are both high rise residential, the difference is on the land use, no big difference.
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the 'big' difference is in the progress stages of construction. 1 is awaiting for the 1st sticker to be pinned on the chart or 0% sold (tho reportedly attracting 2,100 registrants), the other is about to be vp'ed while another is already 20% wip with 20 unsold units (mostly large layout). to be fair to sw, 1 needs to compare their launching prices ie sw solace rm320 psf vs westside 1 rm580. that's right its rm580 n not rm500 as claimed by u. its inappropriate to compare 1 that's about to start selling against the other 1 that's already almost finished selling.

Meanwhile, on June 5, the developer will hold a priority launch for the 2,100 registrants for its latest condominium The Westside One. The sole 40-storey block of 338 condominium units, described by the developer as “branded residences”, will be sized from 969 sq ft to 2,066 sq ft, with indicative pricing of RM580 psf. The project will come up on a 4.23-acre freehold plot.
extract from the edge http://www.theedgeproperty.com/news-a-views/3419.html

if 1 is consdering say, a sw loft unit 1,850 sf, he/she can still have it at current price of under rm400 psf n moreover, it's sitting on the top 24th to 26th floor. just imagine what's the psf price of an almost similar size unit (2066 sf) on similar floor would be in the case of westside 1 when the lowest floor is already rm580. what about westside 2 prices when it/s launched later? another 10% up or rm640 psf? and another 10% more for units on the highest 40th floor at rm700 psf?

[the 'big' difference between service apts and condo is the availability of such facilities/services akin to that of a hotel not usually found in condos as laundry, housekeeping, convenient stores, f&b outlets, business centre, concierge and even a pms (although not fidelio) that 1 would expect from a full-fledged service apt, for instance ascot, maple. while sw is not expected to provide all the services mentioned since its customised for homeowners occupancy n long term tenants. the difference is still clear.

the more appropriate head-to-head comparison should be those that r about to be launched that offer similar range of layouts n b/u such as skypod and surian 2.

as mentioned earlier, i have nothing against westside in terms of location, layouts or even its premium pricing but just some issues with the carpark and the 2 water tanks.

rm300 psf for tropics? possible?

This post has been edited by aquest: May 31 2010, 05:06 AM
airline
post Jun 1 2010, 12:01 AM

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i dont understand why people want to pay rm580 per sq feet in desa park city.
landed there ok, but condos? where can get back returns.

cliveseow
post Oct 4 2010, 11:50 AM

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90% of setiawalk buyer are Chinese. 10% are Bumi, India and Foreigner...

http://ehome.kpkt.gov.my/ehome/LaporanJual..._NAMA=SETIAWALK

This post has been edited by cliveseow: Oct 4 2010, 11:52 AM
apekgoh
post Oct 8 2010, 11:14 PM

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QUOTE(airline @ Jun 1 2010, 01:01 AM)
i dont understand why people want to pay rm580 per sq feet in desa park city.
landed there ok, but condos? where can get back returns.
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when comes to economic very hard to say... but since 1990s till now,
the reality is, price of house, apartment now condo ... all has gone up in
price. pay the price for 'class'?? but most important is security and ammenities.
tengster
post Nov 27 2010, 03:54 PM

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anyone register for Trigon...the newest service apartment in SWP. To be priced much higher than R1, R2 and R3.
airline
post Nov 27 2010, 04:13 PM

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Need to que overnite a not macam brio and vio?
tengster
post Nov 28 2010, 12:05 PM

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650PSF...what you think?
yoki
post Nov 28 2010, 12:39 PM

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less queue
airline
post Nov 28 2010, 01:15 PM

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Maybe 2 or 5 percent downpayment, dibs
yoki
post Nov 28 2010, 02:43 PM

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dibs@5% if 1000psf@RM600
RM30k 'only'
2% even nicer
tengster
post Nov 28 2010, 04:46 PM

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LTV70% leh.
yoki
post Nov 28 2010, 07:22 PM

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for first time buyers mar
Apscen
post Nov 28 2010, 08:39 PM

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for those stuck with LTV 70%, what if SP setia offer below for Trigon.....

assume price at 600psf - SP setia mark up to 800psf

selling price 800k for 1000sqft , 30% dp = 240k

SP setia give discount 25% in dp = 240k(30%)-200k(25%) = dp 40k (5%)

assume free 3 car park, dbis, fully furnish......

no buy? die die must buy?

800psf in puchong tongue.gif
yoki
post Nov 28 2010, 11:11 PM

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800spf is rampant
home_save
post Nov 29 2010, 07:46 PM

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tengster
post Nov 29 2010, 09:22 PM

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you gonna spam every thread.
Apscen
post Nov 29 2010, 09:47 PM

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this is hijack...since when mahsing are so desperador?

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