look at this DAM condo. heard occupancy still low n asking prices still 800psf (same as few yrs back)...
Setia Sky Residence, by Sp Setia .Any comment on this project
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 Jul 11 2015, 09:03 AM
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12,528 posts Joined: Feb 2013 
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Jul 11 2015, 11:24 AM
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QUOTE(bigman @ Jul 10 2015, 08:29 PM) cos is located at the worst area of KLCC.....wanna eat mix rice downstair also cannot get Kampung baru not KLCC... sendomike is right building in the middle of nowhere    no commercial below also ah?QUOTE(HarpArtist @ Jul 10 2015, 08:37 PM) Its not even klcc...need to cross a damn long way to get here. Totally not walkable for this price point market. Wonder what was spsetia thinking If they wana build/revamp a place, they must get a sizeable plot n develop several components..now buyers will say MRT coming but can they wait 6 yrs?? |
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Jul 11 2015, 12:30 PM
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QUOTE(HarpArtist @ Jul 10 2015, 10:20 PM) Mrt is not the answer, will just end up like a certain lala bangsar, pay so much to depend solely on mrt/lrt ? need retail component n full redevelopment of the area.. i mean if u wana wait another 6 yrs for mrt u would bleed dry in 2 yrs n construction noise will lose u many tenants..that alala is in a slum n can only depend on lrt everytime..headache liao mus take mrt for bfast then lrt back... |
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Jul 11 2015, 12:30 PM
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#4
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QUOTE(HarpArtist @ Jul 10 2015, 10:20 PM) Mrt is not the answer, will just end up like a certain lala bangsar, pay so much to depend solely on mrt/lrt ? need retail component n full redevelopment of the area.. i mean if u wana wait another 6 yrs for mrt u would bleed dry in 2 yrs n construction noise will lose u many tenants..that alala is in a slum n can only depend on lrt everytime..headache liao mus take mrt for bfast then lrt back... |
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Jul 11 2015, 12:31 PM
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#5
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QUOTE(HarpArtist @ Jul 10 2015, 10:20 PM) Mrt is not the answer, will just end up like a certain lala bangsar, pay so much to depend solely on mrt/lrt ? need retail component n full redevelopment of the area.. i mean if u wana wait another 6 yrs for mrt u would bleed dry in 2 yrs n construction noise will lose u many tenants..that alala is in a slum n can only depend on lrt everytime..headache liao mus take mrt for bfast then lrt back... |
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Jul 29 2015, 09:17 PM
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QUOTE(alovelyday2007 @ Jul 29 2015, 04:24 AM) no problem renting out my unit since 2 months after handover in 2013 May , after paying maintenance and bank installment, i am still get a net profit of <> RM1000 every month. i think u quote him wrong cos this is the WORST located condo in KL being near NOTHING..thts what he means la.. u look at the prices yrself.. block 3 selling for lower than todays prices.. occupancy aso very low.. no shops lrt nothing nearby..and my tenant who is an expat is perfectly happy living there and renewing the lease, the family especially likes the recreational facilities and the KLCC , short drive to Intermark for their food and drink, free hourly shuttle bus to KLCC , et cetera ... i suspect not every segment of the market likes mix rice, and SSR is certainly not catering to people who eats mix rice downstairs every day. |
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Jul 30 2015, 08:26 PM
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QUOTE(alovelyday2007 @ Jul 30 2015, 06:07 AM) KLCC is a big place, KL is an even bigger place.. I can name many other condos that are not in walking distance of restaurants and LRT, think TR231, Dua residences, those in Kia Peng and U-Thant et cetera. I honestly think that your choice of words reflect your own prejudices than an objective view. i walk from dua residences to KLCC before.. how oh? And as a local , I live in a typical suburban area in PJ, i can't get get anything unless I drive for a 5 minutes distance. I don't see the difference with walking 15 minutes or drive 5 minutes from SSR to Intermark. Maybe I am damn lucky, then I guess the other 70% of owners who rented out their unit are also lucky  i said NOTHING nearby which reflects tht its a condo in the middle of nowhere trying to get expat tenants.. but those tr231 is in a prime area with many opis nearby.. If this apartment doing so well why price flat for so many yrs?? 3 yrs ago block c launched for 1000psf n today still 900psf... In 2011, Thinking of investing in unit 1335sq.ft., RM1.2 mil... Developer offering DIBS, free legal for SPA and loan... as most of the developers in the market... in 2015, RM 1,250,000 (RM 907 psf), Built-up 1,378 sf http://www.propwall.com/classifieds/579748...le-by-aaron-lam |
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Jul 30 2015, 08:55 PM
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QUOTE(bigman @ Jul 30 2015, 06:46 AM) y sky residence the subsale still below 1000 psf? wonder... Capers REALLY struggling also n my friend rented a unit there for merely RM2k for 1.1-1.3ksqft unit which is RM1.7psf before maintenance.. u can see propwall the asking rental n it goes much lower than that..  mayb no mix rice stall nearby?  Investor like me...the very first criteria to invest is must has mix rice non-halal stall within 1km radius....if no...this project will struggle...  The Capers think doing better than this...  But i dun think mix rice stall is important but the guy dun understand no mix rice, no western food, no food.. jus starve if hungry at night n wana eat  |
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Jan 20 2017, 09:57 PM
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A friend recently told me about how he lost more than 300k in his unit in Setia sky. Prices today are LOWER than 4-5 yrs ago when MOST properties doubled during the period
 QUOTE(anfhell @ Aug 15 2011, 02:27 AM) Well, with the current situation, i prefer to buy branded then be sorry... Thinking of investing in unit 1335sq.ft., RM1.2 mil... Developer offering DIBS, free legal for SPA and loan... as most of the developers in the market... QUOTE(raja lau @ Aug 1 2013, 09:24 AM) Block A and B are in resale market. Block C and D still have unit available fr developer. *All units with private lift lobby besides the unit below fifth floor *Free shuttle transportation service fr setia sky to KLCC *Rental RM4-4.75/psf *Resale Price RM900-1,200/psf Attached thumbnail(s) 
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