Puchong Prima is not a good place to invest as it's not located along the LDP and furthermore only serves for the group of Prima residents.

Friend, do you really know or study the income bracket for Puchongites? Have you read the latest survey and study on how much averagely earnings for those staying in Puchong? It is claimed that 70% of those staying in Puchong household income is RM7,000 and above and you claimed that as lower to middle group? Yes, first batch purchasers are getting cheaper price at around $400k but do you know that the subsequent phases is selling between $500 - $700k? Not to be forgotten the semi-D and bungalows. Some of those buying first batches already dispose their unit at higher price to new buyers which are affording $600k and above for the house. If you comparing Subang and 1U houses, don't you think they bought their unit even cheaper last time at between $150 - 300k many years ago which means their income is even lower than those staying in Puchong? If I'm not mistaken, Subang terrace houses last time sold between $100 - $150k only..so what do you think?

The point I'm arguing here is you are referring to Puchong as a low to middle income group. Back to the income bracket you mentioned above (Lower middle income up to 5,000 p.m) which is contradicting to the facts that 70% of Puchongites are earning well above RM 7,000 p.m so you shouldn't classified them as lower middle group but instead they are belongs to middle to upper income group.

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Added on June 1, 2011, 12:06 pmI'm putting my money in this project too if have the chance but too late as the boat is sailed. I can see that SW will be the next hangout place for Puchongites as IOI Mall is rather old concept and Tesco is for those that looking to get some groceries. Talking about Sunway, yes there will be some people driving to there for shopping include myself too but for those casual and sign-seeting or windows shopping, people will opt inside the Puchong simply because is nearer and they have mentality not to pay for the toll (RM1.60 x 2).

This post has been edited by ronn77: Jun 1 2011, 12:06 PM

[quote=mercury8400,Jun 1 2011, 03:02 PM]
[quote=1ullaby,Jun 1 2011, 12:56 PM]
That's a old cliche of young married couples bro 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?

Not really. Rough estimation as below based on yr assumption that each earns RM4k.

Husband and wife total combined income = RM 8k (RM4k each) p.m.
EPF contribution = RM 880p.m. (based on 11% of RM8k)
7 years installment for 2 Car(RM 60k each) = RM800 per car, per month X 2 = RM1600 p.m.
Petrol = RM 50 per full tank. Let's say 1 tank a week =RM 200 p.m., per car, so RM 400 for 2 car.
Parking = RM 100.00 X 2 car = RM 200 p.m.
Toll - Lets say RM50 for 2 car for 1 month
Housing instalment based on a RM 600k house over 30 years at 6% interest rates = RM 2,800 p.m.
Breakfasat & Lunch, eat out say RM 20 for both meals X 5 days X 4 weeks = RM 400 per person X 2 person = RM 800
Groceries =RM 50 per week X 4 weeks = 200
Assume Sat and Sun Never eat out. Eat at home so = RM 0

Total Earned p.m.= RM 8,000
Total Spent p.m. = RM 6,930

(The cost is a very conservative one, not taking into consideration annual holidays, kids, car accidents, entertainment, going out to eat on sat and sun, etc)

Enough ka? I don't think so

[/UNQUOTE]


What are you trying to explained here? Living standard is high and those household income of 8k is not enough to survive in Puchong? And you always insist that Puchong consist of those that is young couples which earning barely survive their basic living? So in another words you mean those Puchongites is a poor residents which will not afford to have a decent lifestyle? Those are your thoughts but have you really check around the Puchong and understand what is their profession, their income and etc? So you are having a better views and study on what the SW will become? Then I think you must be a millionaire by now as you can see better than the developers...congrats!

This post has been edited by ronn77: Jun 1 2011, 04:25 PM

nono..SW is doomed to failed as it only caters for those earning above $8,000, remember????

The credit card must have at least 8k credit wor...if not reach the minimum 8k quota also kenot come in

How much you intended to let go?

Can see that many sour lemon comments at that thread. Certain people are just throwing bad comments on certain projects as themselves are missing the chance to be on a ride...that's life. SW still have few things for catchup before SW to categories it as a succesful one but the potential is there to achieve. I didn't owned one there but I wish too.

For big mall or complex to be build need a big land and Puchong is almost out of land so this makes it impossible to have a giant size to cater for Puchong market unless if they venture down to the Puchong Utama or Bandar Bukit Puchong or even Puchong Gateway which is a bit far. As a Puchongite, myself wishing that we can have a new and a bigger malls to patronise during weekend so the only options we have to look fwd is SW which hopes it won't disappointing us.

lmao
anyway nobody can predict the future as each individuals entitled to their own opinions. just hope the best for the project we putting our money in, afterall we all are hoping our investment is bringing good returns right? I just hope SW can be a good place to hangout next time so I will have another place to have my weekend shopping for groceries, movies, foods...

That is quite a lot but no matter what at the end of the day it will still fully occupied

For a decent size space of 1,200 for small families, Trigon will easily command at a price of more than Rm700k so if they can pay such money for the condo means they can also afford the landed house which there's plenty of choices in Puchong area. Still Puchong is not MK, Hartamas or Bangsar so I think this project will be hard to sell. My regret is I did not get a unit for the condo when SW launched years back.

Looks like Skypod is going to price at same value per sqft compared to Trigon? If this is the case I think the response will be at least better than Trigon as it offers alternative to own a unit at SW with lower entry cost.

Just wish SW will be open soon but currently still pending for the traffic issues which is getting worse along the LDP. However I can foresee soon I can read newspaper while driving along that road on the way back home

Probably this is sign of SPS going to sell their remaining shares to PNB and decided no point of building a ramp or whatsoever as afterall these project will be managed by the GLC firm.

Why 350? new launching selling 550 psft already my friend. hold for higher..

Mind to elaborate why you says SPS is having better build quality than IOI?

Well, my in-law owns few houses in Puchong and they have units at Wawasan 2 as well as Puteri 10 and Puteri 6. Before I married my wife, I used to visit her at Wawasan 2 as she's staying with her family at that time. If you ever visited Wawasan 2 then I tell you, you will get shocked with SPS build quality. Roof and pipe leaking, floor tiles workmanship done poorly and crack line can be seen around the houses. After that they move to Puteri 10 and so far are satisfied with the house condition as never heard them complained anymore.

Have you visited SPS houses at Setia Alam? 2 weeks ago I was having some viewing on Semi-D of Tecoma and Tristania at Setia Alam and after seeing my houses myself and my wife decided to give it a skip. Not only some defect can be seen but to be honest SPS need to hire more qualify architect to create better layout for future house launches.

This thread not to arguing who is the best as all has it's own defects. Just wish that developer will have more stringent QC on the subcon that they hire to build the house. The famous developer such as IJM also having huge complaints on their recent project at Penang and Laman Granview at Puchong. Better control on the subcon by the developer is way to go to maintain their goodwill.

Frankly speaking, many people is being fend off by the price tag as buyers still not ready to fork out more than RM500/sqft for Puchong condo. Not sure of current sales status but SPS should set the price lower to attract more buyers.

Anyone been inside the Mall? From LDP it looks still very empty.