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

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1ullaby
post May 13 2011, 12:56 PM

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Looks good!
1ullaby
post Jun 1 2011, 12:31 PM

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Failing to put into perspective is the large younger urban group and working group staying / working in puchong, their spending pattern vastly differs from the last generation, you don't need ave 7 or 8k per month to make sw a success, just a young demographic profile will do, don't believe me just take a peek at overtime pubs, is beer cheap in Malaysia? It's whether the shops caters for the their needs or not.

To add, saw sw tenants list, it's not entitely a list fit for bangsar, don't c y it can't appeal to the broader masses here.
1ullaby
post Jun 1 2011, 12:56 PM

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QUOTE(mercury8400 @ Jun 1 2011, 12:37 PM)
Agree to a certain extent. However, most demographics (i forgot the source, saw it sometime back last year) of Puchong is majority made up of young MARRIED couples looking to set-up their homes away from the ultra expensive d'sara and other expensive areas. As such, the mindset of these people is that they have a young family to feed and hence would "try" to refrain from cafe, bars etc, buying ultra expensive clothes, or just spending for the sake of spending, so to speak. Unlike the UNMARRIED young people between the age of 25-35 which are mainly found in certain parts of D'sara, D'sara Perdana? , Mont Kiara, etc.
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That's a old cliche of young married couples bro wink.gif If anything, unless either party is non-working, it's easy to calculate how much disposable income a couple can have, assuming both professional degrees, age 28 worked for 5 yrs or more, EASILY above 4k per pax even for the lowest gaji employee, r u saying that they will b so prudent in spending knowing that the only way their income can go is.. Well up? smile.gif

point is, I see good puchong, cheras, pandan etc real estates, basically mature places where normally ppl see as conservative areas as am optimistic on their spending powers, hehe.
1ullaby
post Jun 1 2011, 03:23 PM

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haha, thats alot of assumption bro, assuming i'd be buying 600k house, which fetches a decent landed in puteri area, i'd be earning alot more than 4k per month.
plus, 4k per month is really the min here, for 5 years professional field work experience, alot of bros out there will be doing better than that.

anyway .. if you think lots of young married couples are financially constraint, no worries so be it, lets agree to disagree here smile.gif
1ullaby
post Jun 1 2011, 04:10 PM

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Lol, no problem, let's do away with my assumptions and use the figure that you've agreed upon, 4k average per pax. As the average, that will be putting a large part of puchong demograph into the middle income household in 8k income per month, as per what you said u read b4. So 8k per month and barely surviving, what went wrong with this couple?

That's because they bought a 450k nice new condo to live in and lock themselves into a 6% interest rate, coz they borrowed from mbsb. Then after spending 5 yrs of paying off for their cars they bought when they entered the workforce , they bought another brand new myvi, EACH! Rendering them a slave to loans. Besides, their job is such that yearly increment is a scant 5% with no promotion in sight for the next couple years.

Now, if this is the case for the average young couple, I give up, sw deserves to fail.

This post has been edited by 1ullaby: Jun 1 2011, 04:13 PM
1ullaby
post Jun 1 2011, 06:47 PM

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Nah we are not arguing , just exchanging ideas wink.gif

So Pai bro, whats the next interesting project to look out for dis yr? tongue.gif
1ullaby
post Jun 24 2011, 06:48 PM

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Someone shown me the LED thing before ... its nice to have but i dont get it tho how it will make SW a landmark leh. in fact in front of summit oso have, at the cross junction there.

dont shoot me tho Zavier tai ko .. i'm rooting for SW one tongue.gif
1ullaby
post Jun 30 2011, 01:30 PM

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Agree with UFO bro, in fact I think the need for good hangout place in Puchong is so chronic that it's gonna take some effort from SPS to screw things up. Cant wait to take a peek at the real thing ^^

1ullaby
post Oct 2 2011, 11:24 PM

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QUOTE(Pai @ Oct 2 2011, 06:10 PM)
hm.........the day SPS becomes a GOV dog ............ cheaper houses should be on the cards.......... looks like an election driven move..........

If PNB take over happens..........wonder how they'll manage this SW Mall..............can gov servants manage retail bizness?  hmm.gif
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Cheaper not necessary better .. am not confident under dis pnb that innovation and entrepreneurship will continue to thrive .. we'll be like taking few steps backwards.

Dis gov really making msm selling off and wilmar consolidating in sg seems like a right move.

This post has been edited by 1ullaby: Oct 2 2011, 11:28 PM
1ullaby
post Oct 4 2011, 08:56 PM

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QUOTE(Neoh1979 @ Oct 4 2011, 08:42 PM)
Yepp, it's like govt. having hidden agenda..
buying this n that. Not sure why they need
to stick their nose on well run companies.
Mayb next is ioi...or...They might also should
think of buying genting ...he he
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Kenot, not good for image.. biggrin.gif

But genting is smart to go overseas. Many others are going as well, I just hope they dont
follow Robert Kuok's footsteps. Sugar king exiting malaysian sugar biz to focus on other country
is just ... sad ... and not that he's exiting the sugar biz, he's still concentrating this in aussie ..
makes one wonder what brings .. in this country ..
1ullaby
post Oct 4 2011, 11:06 PM

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QUOTE(jessy123 @ Oct 4 2011, 10:26 PM)
Patriotism? imagine spending years and years building up a business and faithfully paying taxes and what else the gomen wants from you during pre election
and what not..then having it taken away the next day ...! Grabbing is more like it..if you get my drift..

Since the sugar business was taken over by that joker, how times have they raised prices ??? patriotic meh?
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Jessy, its pretty obvious that BEnd wants their dirty hand in every single sizable pie out there. They already hv the political power, and from what I see, they would like to take away the leverage chinese have over the economy as well.

Just look at what is happening to the banking industry, the palm oil industry and soon to be property industry. Transportations are already "secured", so is telecommunications, media, oils, power generations. And remember how they strong arm telenor for digi's stake, that was just sickening and that was an open wayang for everyone to see. Its like they dont give a damn the world's watching, they just want it.

Hows that for another 5 - 10 years .. bah!! No eye see!!!
1ullaby
post Jan 11 2012, 04:58 PM

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QUOTE(airline @ Jan 11 2012, 04:54 PM)
when can go cinema?
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haha, I want that too.

I tot u stay MK? manyak far wor


Added on January 11, 2012, 5:00 pm
QUOTE(neoloh @ Jan 11 2012, 03:38 PM)
waoh, got new place to shop liao besides IOI mall...
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Cant wait! Especially the makan makan portion, hope something diff from all the usual franchise ler

This post has been edited by 1ullaby: Jan 11 2012, 05:00 PM
1ullaby
post Jan 11 2012, 05:09 PM

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QUOTE(airline @ Jan 11 2012, 05:00 PM)
got Geographer la..
got kawan at lake edge
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Geographer sudah ada leh ,di Puchong Jaya. We want more fresh face, more .. MORE! kekeke


1ullaby
post Jan 13 2012, 03:15 PM

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QUOTE(noswear @ Jan 13 2012, 03:11 PM)
rclxms.gif

but then IOI mall need to re-align the store ie having more branded store.......and parking space.....the parking area seems ciplak....
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IOI a ... behind 10 years one in their design and vision, maybe 10 years later they will improve IOI la after ppl start flocking to setia
walk for lunch dinner and movies. tongue.gif
1ullaby
post Mar 26 2012, 11:42 AM

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I took a walk last weekend, not bad I like the whole concept. Could maybe serve to cool the whole place down during a hot day too? Also I think I think good for feng shui, I think they purposely design the the money to liu from outer to the middle shoplot area, after this income will be streaming in dy laugh.gif
1ullaby
post Mar 31 2012, 10:08 PM

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QUOTE(Benny5187 @ Mar 31 2012, 12:35 PM)
I got a fren who is very optimistic about Setiawalk and just lately bought a unit in Trigon for around 900k, 1300+ built-up, which comes to RM680 psf. Wow! really keng chow!!!
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The apartments behind Setia Walk was a good bet. All the catalyst Setia Walk has it has. But prices are moving stealthily upwards for a year now. 50% gain in a yr for 10 yrs apt.
1ullaby
post Mar 31 2012, 11:19 PM

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I feel any of those is good, as family driven development has embedded value, but most critically Kenanga / Akasia, Kenanga being the primer of 2 solely for it's walking distance to SW and future lrt.

1ullaby
post Apr 25 2012, 09:30 PM

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QUOTE(UFO-ET @ Apr 25 2012, 09:21 PM)
I am only concern SW for the 1st year, in long run it will prosper, with the in house 800 apts, plus the new strata project next to SW (next to Bomba), which is going to launch, are expected anothet 4-6 blocks of new condos inject into the mkt, on top of that the newly PFCC (Offices and 1 4 Star Hotel) will generate more crowd to SW, and redevelopment of Tesco will definitely pull more attention for those who shops in Puchong.
The future main hotspots in Puchong will be:-
1) IOI Mall + Boulevard (LRT service)
2) Gloden Triangle - SW + PFCC + Redevelopment Tesco (LRT service)
3) Bandar Puteri VIVO City (No LRT service)
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+1

Boss, next to bomba development meaning they will do up the current sales office? Or is it the upper part of bomba at the small pond there?

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