I was at SP setia headquarter in puchong last saturday for their pre-launch of Setia Walk project..

Now they are just launch one of the three(R1,R2,R3) service apartment block.it called R3 residential,from 1st floor to 6th floor are carpark,7th floor swimming pool,gym room,Hall...8th floor to 23rd floor are residential..every floor come with 15 unit (8 unit face LDP-sunway view,7 unit facing Ayer Hitam Reserve Forest-Taman wawasan view)
Type A 8++ sf and B for Ayer Hitam Reserve Forest-Taman wawasan view
Type C 1007 sf and D 1097 sf for LDP-sunway view

Average price Rm 320 psf.
Mainteince fee ard Rm 0.25 psf monthly.
Freehold..Completion on late 2010 or early 2011.

and also if using CIMB card to pay for Downpayment of 10%...u will waive of interest during construction period but interest is BLR -1.30% whole tenure...

This post has been edited by hanif444: Jul 28 2008, 12:46 PM

i thought this project is there for quite sometime since last year?

last year, the model is there already... but not yet launch. ops, im conflicting myself.

if im not wrong, they already clear the land.

@hanif444,
R3 by itself would have 240 households. Assuming R1 & R2 has a similar configuration; that would mean the project as a whole will have a total of 720 households - over how many acres of land is this project going to be constructed on?

RM320 psf doesn't come across to me as cheap esp in Puchong [not too sure of actual site location] - for the price & size, I wouldn't consider this 'value for $' but hey that's just MY opinion

This post has been edited by tinkerbel: Jul 28 2008, 11:31 AM

20.8 acres of land for R1,R2,R3 service apartment,1 Dinning court, 4-6 stores shop lot surrounding,and 1 corporate tower...

Rm320 psf cheap or not ..i really dunno..becoz it set by developer (SP setia)..exact location is at opposite Tesco Puchong only...2min to Giant bandar Puteri,IOI mall puchong jaya....easy access to LDP with 2 fly-over u turn to putrajaya or kl...3-5min from sunway LDP toll..

I'm quite sure the Service Apartments (R1-3) are by itself - wouldn't it be a big security threat to have all components under 'the same roof'?

Can't comment on its price since it's been set but can definitely foresee the traffic havoc *gulp*

This post has been edited by tinkerbel: Jul 28 2008, 11:57 AM

Accordingly by SP setia sales marketing will have very good/latest safety door here and there...but how god is it,have to see 3 years later..no 1 can proof u now...

@hanif444,
Safety door has nothing to do with breach of security; if U can get through the door, so would whoever that's working there or shopping there isn't it?

RM320psf for Puchong is dem expensive, IMHO.

too expensive la..

f*** it

@pleasently,
Eh.. there is no need to create a username just to swear here

last time i also thought some projects on the high side, in the end they increase even more.

@airline,
Yes that is true ... so, are U saying RM320 p/sq feet isn't costly @ Puchong?

i asked the sales person during my visit on last sunday and they confirmed to me that the residential blocks are totally seperated, including the car park, grand lobby, swimming pool, etc.

according to the model and their explanation, they are going to widen the roads around setia walk so it may smoothen the traffic a bit.

hanif,

i think is direct access rather than cimb...though they are under same group..but when i approach as cimb mortgage staff they said they are different..

btw, facilities not including gym room...

TYpe A also have LDP-Sunway-Waterfront view

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Added on July 29, 2008, 10:14 amIs costly...but...so u think is not worth it?

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Added on July 29, 2008, 10:18 amThey have not launch R2 and R3, according to the sales staff sometime around next year...so by then if based on current raw material and oil prices..when they launch R2 & R3, price/sqft will be higher than R1..so R1 price/sqft will definitely appreciate again..
btw, klang valley lots of loaded people like cspok lar...

This post has been edited by smallP: Jul 29 2008, 10:18 AM

if the unit with 1 bedroom..mean u get 1 car park lot,if 2 bedroom come with 2 car park lots..quite good ideas with this..

ahem ahem... who said i'm loaded. i'm so poor u know. everyday eat bread only...

there is a reason y they don't include gym room. they have confirmed with celebrity fitness to open their fitness centre in the entertainment centre.

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Added on July 29, 2008, 11:03 amnot necessarily.

Type A - 1396 sqft - 3 car parks
Type B - 1096 sqft - 2 car parks
Type C - 1007 sqft - 1 car park
Type D - 845 sqft - 1 car park

i personally think that type C is not quite worth it if compared to other types coz of car park.

This post has been edited by cspok: Jul 29 2008, 11:03 AM

Type C face LDP...and evening sun...

@cspok,
Am quite sure those units with additional car park lots are priced higher. 3 car parks are pretty good.

@smallP,
Yes most salespeople will tell U that and most of the time Phase 1 is usually the 'best' buy - because Phase 1 needs to be successful in order for developer to launch and sell the next few phases.

As to what the salesperson tells u re cost of raw material and building cost it is somewhat true but there's no guarantee; esp in such uncertain times. If the market was booming perhaps a high possibility of that happening but today, ur guess is as good as mine.

RM320 is still in my opinion v costly - I would rather be spending that $ on a landed property. Assuming we look at a semi-d (40 x 80) that would be RM1.024m - it's considered low for some areas but that's sufficient for most areas.

For me, I will definitely give this a miss for I truly believe that cash is king. Also, I know for a fact I'm unable to make anymore financial commitments otherwise I be having cash flow problems.

oh yah how can i never thought bout that. i almost wanted to book type C, luckily i didn't

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Added on July 29, 2008, 11:57 ami have calculated their price/sqft and it happens that all types are having the same price/sqft.

This post has been edited by cspok: Jul 29 2008, 11:57 AM

@cspok,
oOh well.. in that case the 3 car park units are more worth it *grins* Are U allowed to purchase a 2nd and 3rd car park?! Also, what's the additional premium per floor?

haha of course 3 car park units are more worth it. but with the difference of 30k between type B and C, i would rather add that 30k for additional 90sqft and 1 additional car park. at the moment there is no option to purchase car park. i'm not sure about how much is the additional premium per floor... if not mistaken additional premium between normal floors is around RM1k and for the floor with sky garden is around RM2k.

face forest got morning sun...
face LDP/sunway view got evening sun..

Pron and cons

@cspok,
And how many bedroom units are Type C and B? And what is the total price we're looking at here? And for which floor is that?

Type A - 1396 sqft - 3 car parks 3 room forest view
Type B - 1096 sqft - 2 car parks 2 room forest view
Type C - 1007 sqft - 1 car park 2 room LDP view
Type D - 845 sqft - 1 car park 1 room LDp view

@hanif444,
Forest view TODAY, tomorrow becomes another high rise So what would d price be fore Type A on 18th Floor? RM320 x 1396 + RM18k?

This post has been edited by tinkerbel: Jul 29 2008, 12:54 PM

not exactly. type A also has LDP view.

Type A - 1396 sqft - 3 car parks 3 room forest view and LDP view (RM460k+-)
Type B - 1096 sqft - 2 car parks 2+1 room forest view (RM360k+-)
Type C - 1007 sqft - 1 car park 2 room LDP view (RM330k+-)
Type D - 845 sqft - 1 car park 1+1 room LDp view (RM280k+-)

+1 means an additional small room, more like a study room/maid room. Type A has a small store room too.

i only know that the price/sqft at floor 15 is around RM328.

This post has been edited by cspok: Jul 29 2008, 01:01 PM

@cspok,
Thanks for the info; ain't a prospective buyer so I should leave the discussion until a comment is needed from an 'outsider'. Btw, did U get a unit? U seem to have a lot of details about it

the household start from 8 th to 23rd...so mean 18th floor will be Rm320x 1396 + Rm 11k= retail selling price

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Added on July 29, 2008, 1:08 pm

@cspok,is the serious buyer on Setia Walk R3 service apartment..

This post has been edited by hanif444: Jul 29 2008, 01:08 PM

i went to the sales gallery on both saturday and sunday. i was very impressed on their concept and it was like my love at first sight but the cost really pulled me off a bit. i had a very hard time making the decision and after asking a lot of useful and useless questions and lingering around, finally i bought a type B unit at 15th floor.

This post has been edited by cspok: Jul 29 2008, 01:21 PM

@cspok,
AhHhHHh........ no wonder! And that from my calculations should have cost U ~RM360k?

Well, if U like it and U know U can afford the monthly instalments then go for it There is NO right or wrong. And like I said earlier, Phase 1 will always have some form of advantages [Yes there are cons too!] when it comes to quality and all because if Phase 1 is not done properly, Phase 2 and 3 will not sell!

Oh.. Congratulations!

This post has been edited by tinkerbel: Jul 29 2008, 01:29 PM

haha thank u thank u. but this project will only complete after 3 years. whole setia walk project will take 4-5 years to complete. dunno how puchong will look like at that time. i may even have already migrated to oversea

congratulation for being setia walk owner...Anyway,am the wawasan 1 owner here... neighbourhood can TT

@cspok,
Am quite sure it will take longer than that to complete the entire project since there are like 3 phases just on the residential areas (Block R1-R3) *smiles*

Since U've oredi purchased it, U just need to make sure it doesn't become an abandoned project but SP Setia is reputable enough [plus if they do allow any of their projects to be abandoned, they'll have trouble with their big township] so no worries there.

Just rent it out when it's ready or sell it off for a profit; as long as U have the holding power, U don't need to liquidate it's fine Then again, Y would U want to lock in ur $ here when U have intentions of migration?

Is part of investment..just like why people buying property in Melbourne,London...when their family in Malaysia?

But i can't afford a landed property that cost 1million..LOL..

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Added on July 29, 2008, 2:38 pmOOO...according to the sales AM there, 1 car park around 15k..but if not mistaken the additional car park for sale will be the same as visitor car park..

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Added on July 29, 2008, 2:39 pmTats y i said cspok loaded...

This post has been edited by smallP: Jul 29 2008, 02:39 PM

Sales person told me that the completion date for the blocks differs not more than 1/2 year.

haha i was just joking about the migration. however if the property is good then there shouldn't be any problem for me to hold it even if i've migrated right?

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Added on July 29, 2008, 2:43 pmnot loaded lah. now i don't even have bread to eat oredi..


This post has been edited by cspok: Jul 29 2008, 02:43 PM

@cspok,
Yup.. as long as U've the holding power U have nothing to worry about

@smallP,
Yeah that's the main problem; a lot of us don't haf the kinda $ to afford the landed property onli because of it's size *grins* I hear Mutiara Bkt Jalil's latest terrace homes are about RM660k!!!!!!!

At the moment i guess for a landed property at considerably good location start at minimum 400k..even area around bkt ikhlas, seri kembangan also the same..
i saw that bkt jalil new project too..but c the price i just forget about it...

@smallP,
Ah well........ makes no difference to me what the prices are cause for now, I've NO bullet to invest in the property market. Well, if I do come across a RM1m house selling for RM100k I probably would be able to find ways to raise that RM100k!! *grins*

wah! if got this deal, i die die also fork out 100k wor...

@smallP,
I don't foresee it to happen so I'm not going to even think about it. Also, if it does happen I be worried too unless I know the owner *grins*

haha u not scared the house is haunted ah

@cspok,
I don't disturb them, they don't disturb and reveal themselves can lah

1 million house can pay 100k and get 90% loan...

@hanif444,
Yes but that's not what we were discussing about

Plus how would U know the loan would be approved? In bad times, banks are more cautious.

come more la...1m house sell at 100k....even auction wont be this price either...

@hanif444,
muAHahAHahHAhahA Hence there's nothing to talk about *grins* Let's not get anymore OT - back to Setia Walk.

@cspok,
So when do U sign S&P?

sp setia marketing called me just now..saying effect from 1st august 2008..all price will going up..how true izzit...i wonder they launch the R3 220 units already sold off?or just that she want to close deal from me?

@hanif444,
It could be true *shrugs* Y don't U wait and see *grins* But prices cannot keep going up - remember what goes up must ultimately come down ... kEKkekEKke as it is, I think the prices are oredi v high!

She could also just be making some attempts to get U to BUY!!!!!!! And she's going to keep calling until U tell her Ur not interested Btw tadak incentive for early purchasers?

not so soon. they r still applying for permit for the project. according to them this process will take 1-2 months. then only i can sign S&P with them.

@cspok,
So U put in a deposit/earnest $? In that case, 2-3 months down the line if U decide NOT to go ahead with the purchase, can U get ur deposit back?!

i also heard from the sales agent that the price will go up at 1st august leh. dunno is true or not. but i believe there is still rooms for price increment loh. (which is good for me )

@cspok,
That doesn't answer my latest question

yes i deposited RM5k for the booking. in any case if i've decided not to sign S&P, i can get my deposit back. i asked many sales agents and they told me that.

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Added on July 29, 2008, 4:07 pmaiya slowly lah i type slow mah

This post has been edited by cspok: Jul 29 2008, 04:07 PM

@cspok,
In that case, for those who's NOT decided to make the plunge, can alwiz keep options open - put in the RM5k and decide later.

Now assuming price increases after U've put in the RM5k, U will still purchase it at the original price right?! And if the price drops, U will purchase it at that lower price, right?!

@hanif444,
So if U want to keep the door open just pay the RM5k and book the unit. Call them up again after August 1st and check if prices have actually gone up - if it has, U'll be happy

i asked the sales agent about what will happen if lower price in future. she told me that it would not happen. she said that she has worked in the company for many years but has never come across this situation. but logically if the price drops of course customers will make noise lah then they have to give them the new lower price loh since S&P still haven't signed.

where is the showroom. might pay a visit..

no showroom yet...

http://forum.lowyat.net/PropertyTalk
Property Talk

Developer never drop their selling price...

i think what she meant was the price will not drop between the time when i placed booking until i signed S&P. but the price will most likely increase between that period of time.

i heard that too...they said once they launch they going to increase at least 10%

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Added on July 29, 2008, 5:27 pmbut have to write in according to the sales...

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Added on July 29, 2008, 5:28 pmyah..i did that..juz put in 5k 1st...

This post has been edited by smallP: Jul 29 2008, 05:28 PM

is transferable of the deposit?..so i can make some kopi money..put 5k now,if price are raise..then i make some....if drop/maintein...cancel order..haha

@hanif444 & cspok,
Just cause the developer has NEVER reduced their selling price it doesn't mean it will not happen. If no one is going to buy it when it's RM500k, they might haf to drop it to RM400k before people start buying it.

It's hard to look at developer's past record because our economy been booming in the last 10 years; we wouldn't know what's going to even happen in the next 10 months.

Having said that, I don't wish for it to drop too low cause it will onli mean bad news *grins* and I can onli take so much of bad news at a time! *muAHahAHahHAha*

I don't think the deposit is transferrable; unless it's to an immediate family member [U can use the excuse of the name being in ur name but it was ur mom who wanted to buy] etc. Developers aren't stupid; they're just uhm.. cunning

This post has been edited by tinkerbel: Jul 29 2008, 05:57 PM

according to the "Requested For Booking" letter signed with SP Setia during the booking, it mentions that the booking amount may be put into an interest bearing account. so when u confirm to buy the property they will use the booking amount + interest to offset the 10% downpayment.

@cspok,
It's NOT going to b much; trust me! I put down RM30k as 'booking fee' for a house - when S&P was finally ready to be signed, I had only accumulated about slightly more than RM100 from interest pay outs. I believe it was sitting there for at least 12-15 months.

wow that's a lot for booking fee. that must be a very expensive house...

luckily my booking fee is not too much. at least the amount serves something instead of just sitting there doing nothing.

@cspok,
Er.. don't ask me where and how the developer derived @ that amount - I wanted the house, they said RM30k so I said Ok lor.

This post has been edited by tinkerbel: Jul 29 2008, 06:33 PM

can it be the first 10% downpayment? or u were buying a bungalow which costs more than millions?

@cspok,
Hmm.... the RM30k amounts to slightly less than 5% of total purchase price at point of time.

Nah couldn't afford a bungalow - it was going for RM2.4-2.6m [developer was asking for RM50k booking fee for the bungalows - I could come up with the RM50k but I wouldn't be able to finance the loan]

another loaded wan...

haha this is only the true loaded 1.

big loaded..

SorrEe people.. I don't own guns.. If U do, I suggest U keep it unloaded instead of loaded just in case!

haha...thumb..

Eh, they didn't even call me after i registered 1/2 yr ago.
The psf is higher than bkt jalil condos, probably corresponding to their commercial land status.
If the expected rental can cover the loan repayment (assume 90%) the it would be a good investment. Wonder when the so-called lrt extension to puchong will start work.

@dripinrain,
Perhaps they lost that database?! *shrugs* If ur interested U could alwiz give them a buzz

Juz buzzed them. Got a sour taste in my mouth ordy
Its prelaunch, mayb testing the market kua.
Their ofis open till 6, c got enuff time to fly ther. Eh.. go psr mlm later. Another day then.

@dripinrain,
Ah well.... shouldn't those who's signed up and enquired about the project be given first hand information before the launch - and anything that takes place before the launch to me, is pre-launch!

Yeah.. don't bother - spend ur $ elsewhere

last day today.

@airline,
It will never be 'LAST' day until ALL units are sold out !

another 2 more block to sale...sp setia marketing called today also...look lit their cant sell...

another 2 more blocks?

@hanif444,
They called to follow up with U cause U were @ their pre-launch mah - it's what most salespeople would do. It isn't fair to say they called U because there are no sales

This is R3 pre-launch...R1 and R2 coming soon...

i don't know about u guys, but i am always put off by those mixed development such as this Setia Walk. Apart from security issue, i am concern about the utilities bills, because water and electricity rates are in accordance to commercial rate, correct me if i am wrong, the design of the utility meters are not separated.

Service Apartment is another type of property has been sugar-coated by the developer, what is the difference between normal condo type and SA? All i know is, some SA is inclusive of furnishing such as built in cabinets, laundrette service. But the disadvantages of SA is, it is not abide under Housing Development Act (prior to 2007).

@SowYau,
That is absolutely right - developers call it SA because primarily it is built on Commercial Land.

but actually service Apartment should come with furnishing in the units, laundry service,maid for cleaning...These are what i see at Spore so called service apartment...

this is actually quite close to a serviced apartment as there will be a grand lobby and guest lounge for each block. in addition, they do provide optional laundry service as told by the sales agent.

we want optional with reasonable price..there is no gym room,can we use the fitness center as part of the maintaince fee?

probably not coz they have traded off the gym room with the grand lobby and guest lounge. a discount maybe?

@hanif444,
I doubt U be able to do that - perhaps a 'special' introduction discount for residents but FREE access for residents - I dun think so!

that is same shit different day only...Rm325 per sqft...i will only can no to setia walk....think ASEANA puteri better environment and reasonable pricey too...

@hanif444,
Er.. I don't understand the 1st part of ur sentence; who pissed U off?! *grins*

So, the new price is RM325 p/ sq feet? Increase of RM5?!

thought all the while myr 325/sqft?

@smallP,
I thought it was RM320, no?! Just need to browse through the last few pages; it was mentioned before.

Just call Setia Walk, price increase around 1.70/sqft for a unit at level 15... and they going to increase again when official launch on 1st sept...can sale ar like tat?

This post has been edited by smallP: Aug 8 2008, 04:11 PM

how much is ASEANA puteri now..