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

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zavier98
post Sep 19 2009, 11:32 PM

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Hi Kekanda Xui Cheng,

I miss u so much .. and the fun as well sad.gif
one big guy down in realestate and here comes another chief .. haha ..
salute ..
like cannot tahan, i like u three ..
zavier98
post Sep 20 2009, 12:51 AM

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QUOTE(Pai @ Sep 18 2009, 09:18 PM)
Btw chief, your justification above is acceptable. Personally think LRT is a huge win for SW. In fact with the LRT on I no longer felt SW is too overpriced. Its still expensive mind you, but defo not overprice anymore. Btw, landed in Puchong are defo on the up. They makes Damansara DS looks like a bragain now  tongue.gif
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Har cool .. was looking back at the previous post which i find it interesting .. ur personal view that sw is no longer overpriced but expensive is a valuable insight .. can u see the distinction between these two words ... first ppl tend to think that it is overpriced which means that the product doesnt worth tht much and find it hard to justify the price .. now with the lrt confirmed, ppl think that the price is more justified but still expensive (a downgrade from overprice) ... i m glad to hear this ... i believe sw is moving in the right direction ..

ok not too much into pricing .. cos like xuicheng said, it's all in realestate forum .. at this moment i dun expect any new discussion to justify the price ... second block launching price will be interesting to see then ..

but let's go back to chief .. i want to point out at zest developer ..
personally i m amazed with zest selling point .. i think everything works in favor for this development .. but developer is a big concern ..
1) heron resident has been complaining so hard on this developer and to my shock with Mr Cannot Tahan recent video
2) i was told one en bloc was alr sold to korean .. in the end didnt materialise ...
3) lrt station jst opposite road .. but looking from the lrt map, it has at least 1km to reach the station .. but it is still not that bad anyway ...
the point is .. how can u trust this kind of developer .. even if the show unit is nicely done, it is unlikely ur unit will be of same standard .. heron experience is so sad to learn .. u can onli wish tht 80% is delivered then it is ok .. however, i see the risk in this development is much higher than sw ... so instead of judging if sw is worth tht price, it would even be better to keep a close eye on ur developer .. good luck to u ..


Added on September 20, 2009, 1:06 am
QUOTE(Cannot Tahan @ Sep 19 2009, 11:35 PM)
WALAUEH, AIYOYO, we reunited...finally...

U want to try the Q & A?
*
alr well said by Xui Cheng .. would rather hope for a better question .. cool.gif


Added on September 20, 2009, 1:09 am
QUOTE(chuah xui cheng @ Sep 19 2009, 11:38 PM)
I feel like falling in love again, adinda
*
hehe ... me too .. icon_rolleyes.gif

This post has been edited by zavier98: Sep 20 2009, 01:09 AM
zavier98
post Sep 20 2009, 10:57 AM

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QUOTE(Pai @ Sep 20 2009, 01:36 AM)

Im not alone with these thoughts, u can see various forumers with decent credibility share the same sentiment. We r not talking about ppl who just registered lately, and only made comments on SW thread(no effence to u or Xui Cheng). These r genuine investors and have made decent $$$$ in years of property investment. Looking at sales levels achieved by Zest, Zen and Atmosfera compared to SW, one has to wonder. Its already difficult to sell SW now(at least from the sales performance), imagine u asking ppl to buy your unit at 20%-30% premium later.........
And yes, saw your comments on Zest dev and I think those are fair thoughts especially on what happened to Heron, korean enbloc etc. My thoughts are :

1. Heron is 1st project for TT, definitely there's some learnings TT needs to accept. But SW is SPS's 1st highrise project in KV, there's no guarantee that SW wont turn up to be as bad or worst than Heron, right? SHC builds excellent landed props, but lousy high rise, for example. SW holds no guarantees as well.
it is not the quality i m worried .. it is the developer ignorance to tackle the issue ...  doh.gif

2. Korean en-bloc - I've warned that potential buyers need to take news like this like pinch of salt. The same for LRT station proposal. If it happens its a bonus. Now at least the LRT and ramp seems will happen as promised, and at RM200psf Zest now looks like a steal  smile.gif
It is cheap because it is compared against sw etc .. bt tht provided developer can deliver at least 80% .. if like heron, do u still think it is a steal ? sweat.gif

3. SPS promises and sells lifestyle to buyers like your good self. But did they put in in a contract? And pls look at the surrounding new shop lots and retail units surrounding SW site. Most of it is empty. There's no guarantee that SW wont end up the same. SPS has zero track record as far as building lifestyle mall is concerned but trying to sell "lifestyle" units at a premium, above 50% VS other new developments.
Bottomline, all developers r there to make $$$ first. One needs to decide whether what the developer sells you is worth paying for(minus ALL the promises of lifestyle, LRT, Korean enbloc etc), else you'll pay thru your rear-bottom instead.
They dun put in contract ..  hmm.gif this i shud say FAITH .. do u have faith in ur developer ?  brows.gif and by merely comparing other shoplots with sw is not fair .. u know sw is unique with the waterway and entertainment centre .. and most importantly, sps is vested in sw .. just like ioi mall n pfcc and boulevard, they lease out to ensure good tenant mix .. a good strategy to upgrade the place .. yea i agree "one needs to decide whether what the developer sells u is worth paying for" but dun minus all promises la .. in fact, i m amazed sps didnt sell the lrt point .. now i dun have minus but plus ..  thumbup.gif 

as a conclusion i think the word "developer" is the answer to most queries .. i m amazed with how sps handle the issue ... n now i can say i have faith in them .. selling fast just dun give me the faith ..

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zavier98
post Sep 20 2009, 12:18 PM

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QUOTE(chuah xui cheng @ Sep 20 2009, 10:41 AM)

3. When those Heron's owners were crying all the defects, he claimed that these people were funny, he claimed thatit was a 100++ aprtment and what can they expect? sweat.gif
http://forum.lowyat.net/topic/1129024/+420[/b]

Adinda Zavier,
I am sorry for putting up all the entry level questions. I thought it is for the benefit of Pai, so that he could understand bit by bit. Pai failed me...

I do hope for a better one.

I give up already, if you read how Pai commented on the complain of Heron's owners, u will know why i said he is seriously lacking of common sense, as all the cracks and popping floor appears to be funny for Him.

And he asked Heronian what can they expect with a100++ aprtment? Surely a men with common sense will not accept popping floor even in a DBKL flat...

Thanks
*
Kekanda Xui Cheng,
With one more down, where would be ur next target rclxms.gif haha ..
like Pai said, there are many taikors in other forums who shared the same view as him .. who's next ? brows.gif

Pai,
i hope in future, other ppl dun say the same thing to u
"what can zestian expect with a 200k apartment ... shakehead.gif

haha .. taikor taikor ... i see they dun learn anymore when they are high lvl .. they onli give advise now .. rolleyes.gif



zavier98
post Sep 21 2009, 02:20 AM

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QUOTE(Pai @ Sep 20 2009, 09:02 PM)
I tot' they already engage a consultant to see how to best tackle the problem with the existing owners DESPITE they r not obligated to do so as they DLP is over?
if u r comfortable with the way the developer deal with it, then it is alrite for u ..  notworthy.gif

Well, honestly dont think we'll get HERON's quality as we paid almost double price psf vis a vis. But if Zest does end up like HERON, then its a learning for me.......thats all. 
Pai ar Pai ... how can u say like that .. if like this, i pay sw 30% more expensive, then the quality shud be better than zest lor ..  doh.gif Well, honestly, do u know what u r paying ...

Let me remind everyone here while Zest is TT's 2nd high rise project, SW is the first highrise project for SP in KV. SP has zero track record as far as mix development is concerned. There no guarantee that SW will be problem free and the quality will be better than Heron's or Zest's.  hmm.gif
again i m not refering to quality ... but the developer way of doing .. but nvm since u got no prob with it ..  cool2.gif


Any savvy investor will have little or zero faith in developer's promises. We buy when we see value, not based on developer's sweet-talk and nice marketing strategy. Again, SPS has zero track record in building and managing a mix development.
Read thru the Zest thread as there have been many occasions myslef and other foumers warned prospects to only buy Zest if they think its a good buy even without LRT, ramp, Korean-enbloc etc. In this thread, only Cannot Tahan has so far been quite honest with his assesment on SW. 
u dun find me rational anymore ?  brows.gif now maybe u would think noone rational/honest cos Cannot Tahan said he will buy another one wor ..  icon_idea.gif Any savvy investor will choose a good developer ..


IMO, cannot sell dont give me faith at all.....
u think sw cannot sell ? ok .. so why ? is it because it is overprice ? fine .. u think zest sell fast rite .. it is good of cos .. now think again .. why zest selling fast ?



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zavier98
post Sep 21 2009, 11:59 AM

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QUOTE(Pai @ Sep 21 2009, 02:53 AM)
Thanks Kenny for xplaining this to our Xui Cheng. She conveniently "forgotten" the date I put my suggestion in her cheap allegations. I suspect her english comprehension is on the low side coz she has problem understanding questions and answering them.

Btw, think SW was priced at close to 60% premium over Zest if we count psf. Zest staring price in its 1st phase was at RM200psf +- while SW cheapest unit was already above RM300psf smile.gif

1. Correction - U r paying a least 50% more, right?. Pls compare the spec between what u'll get in SW VS what Zest offers, then tell us if its any better.

Pai Oh Pai, i tot u are pioneer but y ur thinking so amateur .. what have u compared ? tiles, facilities, show units ? arent all this based on the faith of developer to deliver what as promised in show unit or in model (fr zest case) ... what written in the s&p doesnt mean u get a better spec .. u think having porcelain tiles meaning more expensive than ceramic ? i hope u dun .. i aint from construction but i have common sense .. u think comparing house spec is similar like u compare computer spec .. haha .. facilities, there are plenty of condos with great facilities .. the question is maintainability .. mind u tht heron buyers were also thinking they r getting a high class condo with great facilities when they first bought it .. of cos u can say what they expect with 100++k apartment .. so is ur 200k apartment, dude ..

2. Cannot Tahan appears to be a long time investor with some experience in investing in Puchong. So I trust that he will have a game-plan, holding power and experience to ensure that he doesnt loose any $$$ later.

Im didnt say u r irrational, but do u have a gameplan, holding power and experience to sustain your unit if what SW did not turn out wonderfully as what the brochures sells you? Do you know what is the rental and seeling prices for condo's nearby?

hmm .. looks like i dun knw anything but u know everything .. fine then ... just to remind u .. investment is about risk as well .. u think zest risk is more justified than sw ? what happen if sw didnt turn out tht way .. how much do u think ppl will pay for it then ... how much will i lose ... now ur part .. what if zest is like heron ...  rclxub.gif

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Added on September 21, 2009, 12:51 pm
QUOTE(chuah xui cheng @ Sep 21 2009, 11:45 AM)
Hi Zavier,

Look at Pai the Funny again...He make us laugh.

Wow, words like "retard" also comes out already...sounds like those back street men talking, hahaha, in the US movie...

Pointing out 2 mistakes of him made him MAD, dun know if we point out another 1 or 2, how will he react, be ready to here more aggressive words from him...HEHEHE

He is in a state of denial caused by anger & self esteem.
He still dosent know that he is far behind us, WHY, coz he is always the last person to know:-
1.He has to wait until sep to finally see the market sentiment is good...funny and lousy;
2. He is not aware of the crack...(in his word)...funny and inefficient.

Let's move on Zavier, or this link will become the avenue for AH PAI to clear his name, with deceitful means...HAHAHA

Seeing AH PAI covering 1 blunder with another blunder is definitely amusing...

Thanks AH PAI
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yea i wonder why Paineer also like tht .. calling ppl retard doesnt make him any better .. shakehead.gif
now i think i m better than him .. haha icon_rolleyes.gif

This post has been edited by zavier98: Sep 21 2009, 12:51 PM
zavier98
post Sep 21 2009, 10:41 PM

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QUOTE(chuah xui cheng @ Sep 21 2009, 02:30 PM)
You are, definetely.

Do u mind to say....WE are rclxms.gif
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i tot u alr are .. thumbup.gif


Added on September 21, 2009, 11:27 pmok conclusion time ... i like to make a summary after a heated discussion .. rclxms.gif

be it sw or zest, purchasers have made decision based on their own analysis ... in this case, xuicheng has pointed out her reasoning for the arguement .. if it is not acceptable by Pai, then be it .. she is here to share her view ... there is no right or wrong answer ... Pai should not judge her answer and keep demanding for a better ones..

by comparing sw and zest is not to belittle whichever but would like to show there is alw two sides of coin .. finally ppl are buying due to what they believe in .. there is no need to be hard on the others ..

for sw, ppl will say overprice, low spec, etc etc .. firstly it depends on what u r paying for, then it all depends on the developer to deliver .. now let us hope zest developer learnt from their mistake and make it a better one in zest .. it doesnt make me any better if something bad happen to zest .. i hope zest owner have the same view on sw ..

This post has been edited by zavier98: Sep 21 2009, 11:27 PM
zavier98
post Sep 23 2009, 09:21 PM

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rclxms.gif i tot i made a conclusion .. it is back now due to popular demand again ? rclxm9.gif
i do wish to reply mad.gif but i know it is not going to bring us anywhere .. blush.gif
for the sake of other forumers, i rest my case .. wub.gif

now to update more on zest development, as some forumer pointed out .. jasmurni is the main con for zest while piling by others .. in fact, jasmurni has started work a month ago .. they are instructed to fully complete it in 2 years time .. the main con shud not have prob .. however, i hope owner pay more attention to developer instead of chasing after the main con .. also give more pressure to developer on heron issue .. this will benefit all .. icon_rolleyes.gif

for sw, i would expect new discussion on the next launching .. it has alw been the price that concern everyone .. icon_idea.gif


zavier98
post Oct 23 2009, 09:07 PM

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QUOTE(kenlim21 @ Oct 23 2009, 04:59 PM)
eugene,

Most probably will take a unit there....won't put much hope that it will fully covers the loan installment....80% for a start would be fine with me.
And I wont be rushing just bcoz of the 1st 50 entitled for 2.5% rebate as I know for very sure NO DEVELOPER will be so strict on this so long they can conclude a sale.
I have encountered a few development previously that the SA called me few days later even the offer meant for ONE DAY only (as claimed) telling me they can convince their boss to extend the offer to me if I really interested in buying.

Regards....
*
well .. i guess i need to reply this .. i m one of the purchaser for R3 ...
to give u some history of R3 ...
sps did not extend free kitchen cabinet .. strictly for 1st 100 buyer onli despite the slow sales after 100 buyer ..
i would strongly advise u to act fast if u really keen on buying to enjoy the 2.5% rebate for R2 ...
but anyway they did extend the 5/95 promo and in fact until now for R2 .. they just change the promo name ..
i expect the sales will do well this time given the positive news .. ppl beginning to see value in sw ..
good luck to u bro ..
zavier98
post Oct 24 2009, 12:08 PM

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QUOTE(kenlim21 @ Oct 24 2009, 07:18 AM)
hi zavier,

Even if they did extend to buyers no. 101 to no. 130, only theses 30 buyers will know.
buyer no 1 to 100 won't know. And public wont know as well.

and when it come to numbers....even you are between no. 101 to no. 130, the developer might still tell you that you are within the 1st 100 with reason maybe some earlier units are contra/cancel etc...

All these are marketing strategies....

Regards
*
i will let u try and pls do let us know if u still get the 2.5% after the 50th buyer ..
zavier98
post Jun 24 2011, 06:00 AM

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QUOTE(Pai @ Sep 19 2009, 12:42 AM)
So I've read the thread but still could not see what makes you so sure that :

SW will be the land mark of puchong.
If Puchong slump, SW also slump.
If PFCC, IOI Belev, SW commercial blocks all work out, SW will be the 1st one to be benefited.


I did see some actually canceled their purchase on SW some more ( even the TS itself  cool2.gif ) and most ppl think the pricing is rather ridiculous.

Lets see if you can actually point it out or you'll continue doing what u do best, which is beating around the bushes  tongue.gif
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There was once a self-inflated guy who cannot accept SW will be the landmark of puchong, hence criticises the statement.
Follow the link if you want some good background.
http://forum.lowyat.net/topic/752729/+180

Two years nearly gone and now with sw commercial completed, how many of you would think sw will be the landmark of puchong ?
Can anyone state the reason if he doesnt think so ?

Most interestingly, i would like to see how Pai makes his way through cos he strongly rejected the idea at that time.

There is nothing wrong to predict the future as forum is to share everyone's thought. It's only when a heated debate happen, someone who thinks he is right and criticises others are shamed when things dont turn out in favour of him.

This post has been edited by zavier98: Jun 24 2011, 06:10 AM
zavier98
post Jun 24 2011, 11:54 AM

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Thanks everyone.
i know SW pricing is going crazier with more asking for higher price. i m already comfortable with the price now and dont need to ask for more. any additional is just a bonus to me.
with SW certainly to be the Landmark of Puchong, there might be further upside on this pricing.
Mind you there are still aplenty of things have yet to happen and this should break the current benchmark.

This post has been edited by zavier98: Jun 24 2011, 11:54 AM
zavier98
post Jun 24 2011, 06:39 PM

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QUOTE(ronn77 @ Jun 24 2011, 02:27 PM)
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.
*
This property has caught many ppl by surprise and shut up many critics. Investment return is rather high, 200k min profit with only 16k capital cost. This translates to more than 1000% cocr.


QUOTE(UFO-ET @ Jun 24 2011, 02:48 PM)
An important thing that SPS must take precautions, timing is very important for those shops, shops open together and one by one make lots of different, the most classic case is Berjaya Times Square, failed to make sparkling during the beginning was mainly due to lack of coordination & synchronization of all the shops (openings)..
My 2 bakuli
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SW is unique but these are still shoplots, hence bound to open one by one. However, i expect about 50% shops open within the first few months... anyway to me, sw opening is when entertainment mall starts business .. by then we shall see how vibrant this place become. it would be interesting to see what price can the apartments command upon vp ..

With this LED put in place, i can hardly see how sw not become LANDMARK of PUCHONG
http://www.youtube.com/watch?v=MTSMjHSIabo

This post has been edited by zavier98: Jun 24 2011, 06:41 PM
zavier98
post Jun 25 2011, 08:50 AM

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QUOTE(1ullaby @ Jun 24 2011, 06:48 PM)
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
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With just the LED of cos cannot, it's the combination of all in sw .. Putting the LED on one of the most busiest highway, wouldnt it attract ppl to go in and check it out .. cos sw beauty lies along the waterway which is not seen from highway .. besides, it blends very well with SW night theme where u see many lighting around ..
By saying it a landmark, in fact it already is, meaning a lot of ppl knows the place, hence isn't the LED puts up a landmark in front of the busiest highway .. u can also check out those houses / apartment within sw vicinitiy are selling with key point "close to sw". There is no doubt this development has attracted many ppl attention. thumbup.gif
zavier98
post Jun 25 2011, 06:57 PM

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QUOTE(Pai @ Jun 25 2011, 04:44 PM)
SW retail owners shouldnt be too greedy now...........its OK to bite lower rentals in the 1st 3 years then watch SW mall fly to be the next Sunway P or OneU.................... patience can be gold so long as greed is contained........... wink.gif
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wah Paineer still got face to post comment ar ! rclxms.gif i start to admire you .. your thick skin .. notworthy.gif
your comment is very contradict ler .. first you disagree sw will be landmark and condemn sw gao gao, today you compare it with Pyramid and 1U ..
http://forum.lowyat.net/topic/752729/+180
wah u behave like our politician .. brows.gif

This post has been edited by zavier98: Jun 25 2011, 06:59 PM
zavier98
post Jun 27 2011, 01:08 PM

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QUOTE(Pai @ Jun 26 2011, 02:01 AM)
haih.............some ppl just dont get it ......... when have I ever said the retail component of SW wont make it?  hmm.gif

As for residentials in SW...........how far it will go will be highly dependant on the retail component in SW............at least until LRT arrives............. a good indicator will be Tropics in PJ..........if u know what I mean..........  wink.gif
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haih.............Paineer just dont get it ......... when have I ever said you said the retail component of SW wont make it?
i m refering to SW being a landmark of Puchong. U disagreed and criticised when someone said SW will be a landmark to the extent saying the person retarded ..
and claimed your vested prop would command 50% over sw .. what a big boast .. drool.gif
let's face the fact .. your arrogant statement in the past made u look stupid today .. with all the things happening now, you cannot deny but to follow by saying sw will be a success, completely different from your arrogant remarks in the past .. brows.gif

This post has been edited by zavier98: Jun 27 2011, 02:17 PM
zavier98
post Jun 27 2011, 01:31 PM

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QUOTE(mercury8400 @ Jun 27 2011, 01:18 PM)
I agree with Pai. The main reason why most of you guys argue that way is because most of you already have vested interest and hence adopt the defensive mentality despite the obvious truth (not just refering to SW). Kinda like if someone critize yr child, no matter how bad you think he/she is, you will also defend... We on the other hand view this with an objective mind because we neither hate nor love SW.
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U agree when Pai calls someone retard ?
Are u Okay ?
A healthy discussion is always welcome.
A bad personal remark will come back to haunt you.

zavier98
post Jun 28 2011, 04:20 PM

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QUOTE(ronn77 @ Jun 24 2011, 02:27 PM)
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.
*
u are sharp, dude ..
and this particular sour lemon when confronted on his statement, he hides back into his shell ..
typical malaysia politic attitude .. make me remember of famous Lingam
it sounds like me, it looks like me, but it's not me ..
His words really singalingam type ..
zavier98
post Aug 29 2011, 06:12 PM

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QUOTE(Pai @ Aug 28 2011, 01:42 AM)
boss , whats Trigon take up rate today lah? Last I heard around 20% only..........

anyway just to share my experience in Tropics last time..........prior to GSC moving into Tropicana Mall...........there was a good 20% units in Tropics unsold at about 400psf.............................

but the moment GSC moves in.............all units were gone within 4 months.........with last few units were going for a cool 500psf..........  wink.gif
*
what does ur experience tell us ? that TGV opening soon in SW will increase the apartments for another cool 100psf ? rclxms.gif rclxms.gif
let me share u my experience, when i first bought Solace, sales was slow, someone told me that it was a stupid investment, only for zombie .. then sales was overwhelmed in Brio and even for Vio at about 450psf .. that was at least an increase of 100psf .. the guy who thought it was a stupid investment turned out to be a stupid guy today ..
the lesson learnt today is .. dont say something stupid that will make u stupid next time ..
oh yea, that stupid guy has bout the same name as urs .. i call him Pai ... neer .. thumbup.gif
zavier98
post Aug 30 2011, 07:35 AM

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QUOTE(Pai @ Aug 29 2011, 10:37 PM)
Great that u finally admitted.  smile.gif

Don't care about future value of SW....... So no opinions on SW........just like to clarify......unlike u ........I don't regret not investing in SW.........  tongue.gif

cheers  wink.gif
*
dont .. dont care about SW .. i pray u to bring up the value of SW .. notworthy.gif
u once mentioned u hope SW value will go up so that Zest can go up ..
so u changed ur perspective again ? i also remember u said Zest value will go on par or even exceed SW .. why now u dont care bout SW anymore .. where are all ur better spec, better location insight .. brows.gif
SW and Zest are adik-beradik ma .. thumbup.gif
i heard Zest bank value at only mere 380k .. so do u think SW apartment can go 600k ? haha .. based on ur limited knowledge, Trigon at 600psf, hence SW apartments which is just next door should command the same price .. rclxms.gif rclxms.gif
and do u think when LRT completed, the price will shoot up 770k ? drool.gif
aiyoo plz give us some of ur valuable input, then we can laugh again next time ma .. icon_idea.gif

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