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 Setia Sky Residence, by Sp Setia .Any comment on this project

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sendomike
post Nov 25 2014, 03:49 PM

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From: Petaling Jaya, Selangor
QUOTE(enigma666 @ Nov 25 2014, 04:42 PM)
Guys, I'm searching for a property to invest and noticed during Star property fair last weekend there is unsold units for Celeste and Divina tower. SPS is offering 3% rebate and absorbing legal fee. Stamp duty by Buyer.

Any thoughts on Setia Sky Residence (SSR) in terms of rental investment in years to come ???
I'm aware its away from LRT (Putra/Ampang Park). Although, shuttle service to KLCC is available till 6pm.

Also, not walking distance to any clubs/western outlets at night (foreigner point of view). There are some during work hours at nearby office towers but not much.

Mind sharing your thoughts please....I'm aware the launch of first tower has been a while and price increase would hv occured. Lacking on early bird packages, rebate etc etc....
And, I dont see the older threads having much response compared to current newer property launches...
Also, what is not that responsive currently due to change management of SPS to EW?...

Replies are much appreciated. Thanks guys...
*
for your reference.

i once brought a foreigner friend from UK who is looking to buy for own stay,
his exact words are "it's just a building erected in the middle of nowhere".

finally he bought a condo in bangsar.

might be a bit hard to rent out to foreigners, even though it's location is NEAR KLCC enclave.
I guess foreginers not only see the condo, but the neighbourhood around it as well.

btw, i think setia sky residence is gorgeous, and i don't see many people staying inside when i visited.
if i have the cash, i would buy for own stay smile.gif

This post has been edited by sendomike: Nov 25 2014, 03:49 PM
sendomike
post Jul 29 2015, 09:30 PM

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From: Petaling Jaya, Selangor
QUOTE(alovelyday2007 @ Jul 29 2015, 07:24 PM)
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.

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.
*
mind telling us your purchase price and rental?
i think you are lucky to get your tenant.

the facilities are alright, but they are not exactly well-maintained now, are they?
i think many people are not paying their maintenance fees, because last time i was there, a couple of stuff was broken..
sendomike
post Apr 17 2016, 09:20 PM

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1000+ psf after discount. too expensive for the area imo.
layout isn't that nice, a lot of awkward corners here and there...
but the dual key in block c is pretty nice.

facilities wise, is definitely one of the best i've seen.
bbq area is big, got party rooms for rent.. great place for rich bachelor smile.gif
sendomike
post Jun 5 2016, 05:46 PM

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visited quite a number of units there.
layout pretty sucky, except for the dual key...
facilities pretty nice.
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