Setia Sky Residence, by Sp Setia .Any comment on this project
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 Jul 11 2015, 10:29 AM
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#1
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QUOTE(Babizz @ Jul 11 2015, 09:03 AM) look at this DAM condo. heard occupancy still low n asking prices still 800psf (same as few yrs back)... cos is located at the worst area of KLCC.....wanna eat mix rice downstair also cannot get   |
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Jul 30 2015, 08:42 PM
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#2
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QUOTE(Babizz @ Jul 30 2015, 08:26 PM) i walk from dua residences to KLCC before.. how oh? the fact tell the truth.... 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 My friend bought first phase unit about 750psf few years back ...with DIBS.. at the same time...I also bought a property at Cheras Selatan aka Balakong.... he laugh at me said I invested at wrong location... now...my unit oledi appreciated about 100% with ROI 6%.... but his one appreciated not more than 40%.... ROI about same.... Now Cheras Selatan become very ong place....Jalan Tun Razak (North) aka Kg Baru still same....  This post has been edited by bigman: Jul 30 2015, 08:44 PM |
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Jul 30 2015, 08:46 PM
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#3
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QUOTE(alovelyday2007 @ Jul 30 2015, 08:25 PM) Maybe your friend is pricing the rental price wrong, or maybe her unit is not furnished to appeal to the target segment, maybe her unit is on a low floor with poor orientation, or maybe she is is not using the right agents with the right contacts or network or give her high priority ... there are so many reasons why she should not be in the property market.... y sky residence the subsale still below 1000 psf? wonder... I should better keep my bag of tricks to myself , And not make everyone so smart. Hahahahah just kidding  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...  This post has been edited by bigman: Jul 30 2015, 08:52 PM |
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Jul 30 2015, 09:51 PM
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#4
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QUOTE(gks @ Jul 30 2015, 09:40 PM) Not a fair comparison IMO.... Different class of property and prices. Some buy one bungalow RM3m but make RM1m ROI however how many Condo that you need to buy make RM1m? Also amount of works that involved in managing tenant and profile of the tenant. If your property is in KLCC where some of the expat's rental is paid by company, you have lower risk and secured payment. for ur info...i paid same amount money tat my friend paid....only different place only....tats y i smarter than him lor  |
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Jul 30 2015, 10:18 PM
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#5
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QUOTE(gks @ Jul 30 2015, 09:58 PM)  Property investment is long term journey. some with proven strategy will repeat and reap the rewards accordingly. |
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Aug 20 2020, 12:41 PM
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#6
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QUOTE(AskarPerang @ Aug 14 2020, 12:41 PM) Got a lelong unit sold in the market today. this project used to be 1kpsf but drop to 8xxpsf for subsale...nearly 20% drop...and rental also drop significantly,,,, Single bidder won unchallenged. 599k for 674sqft unit. Seems like high price but still got buyer willing to grab.  price will adjust to market rate regardless this project was highly participated and praised by investors and media.... now more and more properties price will drop ...time to shop around and grab it when the price is right (not necessary the lowest) This post has been edited by bigman: Aug 20 2020, 12:41 PM |
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