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

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smallP
post Jul 29 2008, 10:12 AM

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QUOTE(hanif444 @ Jul 28 2008, 10:32 AM)
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 thumbup.gif but interest is BLR -1.30% whole tenure...
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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


Added on July 29, 2008, 10:14 am
QUOTE(tinkerbel @ Jul 28 2008, 09:46 PM)
@airline,
Yes that is true ... so, are U saying RM320 p/sq feet isn't costly @ Puchong?
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Is costly...but...so u think is not worth it? brows.gif


Added on July 29, 2008, 10:18 am
QUOTE(tinkerbel @ Jul 28 2008, 11:31 AM)
@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 tongue.gif
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They 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... rclxms.gif

This post has been edited by smallP: Jul 29 2008, 10:18 AM
smallP
post Jul 29 2008, 02:37 PM

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QUOTE(tinkerbel @ Jul 29 2008, 11:50 AM)
@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.
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shocking.gif But i can't afford a landed property that cost 1million..LOL..


Added on July 29, 2008, 2:38 pm
QUOTE(cspok @ Jul 29 2008, 12:29 PM)
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.
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OOO...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..


Added on July 29, 2008, 2:39 pm
QUOTE(cspok @ Jul 29 2008, 01:21 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.  cool2.gif
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Tats y i said cspok loaded... tongue.gif

This post has been edited by smallP: Jul 29 2008, 02:39 PM
smallP
post Jul 29 2008, 02:49 PM

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QUOTE(tinkerbel @ Jul 29 2008, 02:43 PM)
@cspok,
Yup.. as long as U've the holding power U have nothing to worry about biggrin.gif

@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!!!!!!!
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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... shakehead.gif
smallP
post Jul 29 2008, 03:05 PM

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QUOTE(tinkerbel @ Jul 29 2008, 02:53 PM)
@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*
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wah! if got this deal, i die die also fork out 100k wor... brows.gif
smallP
post Jul 29 2008, 05:22 PM

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QUOTE(hanif444 @ Jul 29 2008, 03:53 PM)
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?
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i heard that too...they said once they launch they going to increase at least 10%


Added on July 29, 2008, 5:27 pm
QUOTE(cspok @ Jul 29 2008, 04:07 PM)
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.
but have to write in according to the sales...


Added on July 29, 2008, 5:28 pm
QUOTE(tinkerbel @ Jul 29 2008, 04:09 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 smile.gif
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yah..i did that..juz put in 5k 1st... tongue.gif

This post has been edited by smallP: Jul 29 2008, 05:28 PM
smallP
post Jul 29 2008, 10:34 PM

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QUOTE(tinkerbel @ Jul 29 2008, 08:03 PM)
@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]
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shocking.gif another loaded wan...
smallP
post Jul 31 2008, 12:07 PM

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QUOTE(hanif444 @ Jul 31 2008, 12:04 PM)
another 2 more block to sale...sp setia marketing called today also...look lit their cant sell...
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another 2 more blocks?
smallP
post Aug 6 2008, 12:12 PM

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QUOTE(tinkerbel @ Aug 5 2008, 04:47 PM)
@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?!
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thought all the while myr 325/sqft?
smallP
post Aug 8 2008, 04:05 PM

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Just call Setia Walk, price increase around 1.70/sqft for a unit at level 15... rclxub.gif 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

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