Hi all,

Do u all know the Selayang Spring Condominum project?
it has been launch last year and now open for booking.

before this, i have been their showhouse and interested to buy it. just i have to think carefully before buy.
then, yesterday, i have decided to buy the property. i have booked with RM200.

there are promotion. for the 1st 100 book the property, they will get voucher from up to 25k

for example, if the property price is rm180k, so the price is including the 25k voucher.
the voucher is about buying other accessories, such as aircond, kitchen cabinet, floor tile, fan, and etc.

the more high floor level, the more expensive the property.
for me, the scenery will superbly wonderful because its near to forest, and hot spring.
and probably it will be a good investment for the buyer.

this project is by masa builder sdn bhd, barisan tenaga perancang sdn. bhd and masa epc sdn bhd.
before this, the company as a class A contractor involve many project such as KLIA. now they have become developer.
and this project is their 1st baby as a developer.

i have booked 1 unit yesterday with payment rm200 to listed in 1st 100 buyer
payment is base on percent completion.

i just wonder, if anyone in here know about the project,
1) the company background..is it stable?
2) any rumours about the project
3) good for investment?

any info, u can go to www.selayangsprings.com/
or iproperty.com

tq.

Hi!

Actually I have opened a thread on Selayang Spring too

I was interested with it too due to the lower price compared to others.

I went to the showroom and it had turned me off. Sorry if my mindset is too negative for your preference but the biggest problem is the location. It's too far from the city - the end of Jalan Kuching?

However, I do understand the fact that you won't get nice/natural surrounding in the city

Good luck in your purchase

I also received a PM from an agent (in LYN) about the 1st 100 buyer promotion - which makes wonder if the sales has been soooo bad
Guess what, the project has been on sale for some time by now and yet, they still can't get 100 buyers? I wonder why...

This post has been edited by kimhoong: Jan 14 2009, 02:27 PM

yeah.. the location is a little bit far from KL.

thanx to all

yeah...far but i like the forest scenery. bcause, for me, i already bored with the KL city. it is enough i work in KL..but not living there..huhu..

anyway, i also quite curious why the sale so slow. anyone can tell me?

ok, if so far..anyone can suggest me where property near to city with range price rm180k ++ ...perhaps i can change my mind

the location is not far from KL. about 12-13km.

Commercial activities there are not so vibrant.

Hospital is available. Two malls are located there but they aint that happening.

Most of the people there are middle income.

Actually, I wont put my bet on this project.

No buyer means means that the probability of that project to be abandon is much higher depending on the finance status of developer... so take care and thread carefully on purchase as you might end up servicing loans endlessly.

this place is not far from KL city..and the location is near by the Pasar Borong Selayang..the place is also quite strategic and the facilities is ok..

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Added on January 16, 2009, 10:50 amthis place is not far from KL city..and the location is near by the Pasar Borong Selayang..the place is also quite strategic and the facilities is ok..

This post has been edited by motherboard_barai: Jan 16 2009, 10:50 AM

wut i have heard, the marketing sales group has been change to a new group.
so perhaps after this the sale will increase..

Hi all, i have been to selayang spring condol. The location is ver nice and the showroon is quite impressive. Just to inquiry whether it is a good investment or not. How do yo compare with Magna Ville in term of rental rate, property appreciation. need help. tq

today i have been there to discuss the property price.they also show me the package that i can i get because i am 1 of the 100 1st buyer.

overall..my property price is RM212,000 for level 12...type A2..fountain view
and i applicable to get voucher rm22000.
the voucher rm22k is all the items such as kitchen cabinet (Signature imported from germany), lighting, oven, etc.

wut i can see, they still in progress doing the site clearing.
there will be 2 exit..and they will provide a roundabout at the road to easy access.

the sales man told me that 20 ppl have change their booking to purchasing.

i think it is good for investment for rental or for stay. i like the environment
but im quite disappointed about the hot spring. not convenient and too messy.

traffic jam also one of the major thing to take note. i think jam will happen start from the pasar borong selayang until jalan tun razak. if u depart before 7am..i think there will be no problem to go to kl..
i working in KLCC...even the distance is near compare to PJ or Shah alam...Puchong or Serdang...the jam will slower me...but i have to admit..everywhere in KL is jam..

so guyz..i want to get or opinion..
i like this property but it still in construction and i feel the risky
where i can get financial institution suite to me? am i still have to pay the installment even the property still in under construction?
any recommended housing loan?

thanx~

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Added on February 2, 2009, 1:39 pmAs far as I am concern you don't have to pay for the installment untill the project completed, say 3 years. I was told that BLR also has decreased.

I like Selayang Spring too but still i dilemma whether to have Magna Ville which is about to be completed by Dec, 2008 or this newly launch Selayang Spring.

Need your opinion. tq

This post has been edited by ktcs: Feb 2 2009, 01:39 PM

just now i went to CIMB bank.
the package quite good. they can give 90% loan + 5% MRTA.
BLR = 5.95%

i still have to pay monthly but more lower than installment.
they calculate, if the project 10% complete so i just have to pay average below rm100.
the more progress percentage increase..the more u pay.

i went also to magna, but i dont like the surrounding area because congested. the view also not nice.
selayang spring give u nature view.either u want to view forest, fountain, road or pool. i like the greeny view. make u so calm.huhu..

compare to magna, selayang spring more luxury, got many facilities. beside, its surrounding with expensive banglore. so we can predict the mindset of ppl surrounding. no rempit2.

i still thinking to buy or not this property. i like the property but i afraid i can afford to pay installment later. so i have to think deeply.

maybe anyone can recommend me other property than have larger square feet with price rm212k compare to selayang spring 941sqt

aliance bank can give blr - 2.30 or blr - 2.40 but the BLR rate still not revised. still 6.5%. but the in a very shor time, the bLR will be revised to 5.95%. however, the overal rate might be different. no longer brl - 2.2% bcoz it will be too low.

hi...im from alliance bank,blr has been confirmed reduced to 5.95%!! and the rates are still the same blr-2.20 or blr-2.4 depending on the loan size...this will be a good chance for refinancing..

veen_0809@yahoo.com

Mind to share why you are canceling?

i admit the selayang spring condo got future investment.
the day i cancel the booking, i saw an arabic couple came there to see the hot spring with his travel agent.

i cancel the booking bcause i dont have enough money to pay the downpayment and the project still in site clearing. the completion also take 3years. so it take so long to own a house.

at the same time, i saw property "desa idaman" at puchong prima.
the package and promotion very good.
dont have to pay downpayment, just pay rm3000 for booking and they will refund the rm3000 after VP with rm5000 rebate.

in my personal opinion, one of potential features for property investment is Location, location and location...i personally prefer property nearby public transport center like LRT/KTM station

and i dont think this selayang spring condo can bring high rental return, looking at its surrounding- wholesale market (many foreign workers around), NO relaible transport system (eg.LRT/KTM). your target tenant will be doctors/nurses from selayang hospital ( hv to compete with all other apartment/flat within the vincity)...

i was told by a property agent of symphony height selayang that a uni will be up in selayang years later...if so, perhaps it can help boost the development there and who knows it will be 2nd wangsa maju

At this point of time, one hv to be extra careful to go for under construction property, if the project delay/abandon, , dun get hooked by interest free during construction etc...

This post has been edited by bearbearhong: Feb 17 2009, 09:35 AM

I was wondering where to get the show house photos?
It's not in their website

yeah..not in their website.u have to go to the show house to see by urself.
the showhouse so nice with the ID..

is selayang spring nice for own stay?

how's the traffic condition there?

how much is units over > 1000 sf?