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profit
Azizi Ali
Joined: 08 Jun 2007
Posts: 155
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 Posted: Fri Jun 22, 2007 11:56 am Post subject: |
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| banzai wrote: | | there are plans to set up Tesco in Precinct 9.. is this the same? Where's this worldwide business park? (apologies.. not very familiar with this area and doing all the mental scouting ahead first) |
Sec. 12 / 13 Shah Alam |
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cblau
Superman Li Ka Shing
Joined: 19 Aug 2006
Posts: 20947
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| Posted: Fri Jun 22, 2007 11:59 am Post subject: |
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| At Shah Alam somewhere near the palace ..... If going from makro/giant shah alam maybe less than 5 minutes drive .... |
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banzai
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| Posted: Fri Jun 22, 2007 12:03 pm Post subject: |
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thanks profit + cb, understand now.
think i learn more about malaysia properties away from malaysia than whilst i was there .. |
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profit
Azizi Ali
Joined: 08 Jun 2007
Posts: 155
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| Posted: Fri Jun 22, 2007 12:12 pm Post subject: |
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| But situation has changed now. You can easily see hypermarket within amost every 5 km radius in Klang Valley. There's still possibility Tesco will be set up in Setia Alam, or other retail name. |
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banzai
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| Posted: Fri Jun 22, 2007 12:18 pm Post subject: |
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| profit wrote: | | But situation has changed now. You can easily see hypermarket within amost every 5 km radius in Klang Valley. There's still possibility Tesco will be set up in Setia Alam, or other retail name. |
apparently already under way.. completion sep 2008 |
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tengster
Milan Doshi
Joined: 22 Aug 2006
Posts: 2587
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| Posted: Fri Jun 22, 2007 1:19 pm Post subject: |
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| banzai wrote: | | profit wrote: | | But situation has changed now. You can easily see hypermarket within amost every 5 km radius in Klang Valley. There's still possibility Tesco will be set up in Setia Alam, or other retail name. |
apparently already under way.. completion sep 2008 |
For Tesco, it aint a possibility. It has become solid fact. Piling work has started by now I supposed. The location is exactly beside Setia Avenue.... |
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tengster
Milan Doshi
Joined: 22 Aug 2006
Posts: 2587
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| Posted: Fri Jun 22, 2007 1:21 pm Post subject: |
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| SA is occupied/purchased by mostly chinese (>70%)........it aint 50-50%......unlike BBR...... |
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banzai
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| Posted: Fri Jun 22, 2007 1:42 pm Post subject: |
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| tengster wrote: | | banzai wrote: | | profit wrote: | | But situation has changed now. You can easily see hypermarket within amost every 5 km radius in Klang Valley. There's still possibility Tesco will be set up in Setia Alam, or other retail name. |
apparently already under way.. completion sep 2008 |
For Tesco, it aint a possibility. It has become solid fact. Piling work has started by now I supposed. The location is exactly beside Setia Avenue.... |
yep.. this alone i think is a very big bonus to the neighbourhood..
as for ethnic mix.. i think it's fairly subjective on what makes up a good mix so i don't really care as long as the mix is good and there's no heavy skewing to one group.. too much cina oso not good imo.. |
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glen999
Milan Doshi
Joined: 10 Sep 2006
Posts: 2392
Location: KL finally!!!
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| Posted: Fri Jun 22, 2007 1:56 pm Post subject: |
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| banzai wrote: | | glen999 wrote: | i think my points are really arguable.. but for investment, i don't feel good, i don't buy.
1) last wednesday, took the road from meru to setia alam NVKE exit. i can clearly see the smoke on the right side.. ... but my friends argued with me that i'm still fine while staying nearby for so many years.... kekekeke... well, this is just a contributing factor.
2) a lot of people don't agree with me. I don't like ecopark G&G and fenceless. i prefer G&G with fence on individual home. And cannot change my house design after spending more than million ringgit.
3) spoke with quite a few high level finance big bosses. currently, a lot of hot money in Klang valley. (even for the entire region).... as SA still has long way to go, i'm not sure what will happen if the hot money is gone. comparing risks with other investments, i'm not willing to take. Coz now, we have promises in SA but not the 'real' stuff. we only have tesco in process, no proper facilities at this moment. you have to go to klang parade / 1U for shopping.
(Giant/Carrefour, don't think got hope liao coz they are built near batu belah. (a place near meru).)
- klang central (bus station) is built nearby. personally, i think this will bring down the standard.
Note: i may be totally wrong.... |
Thanks for your views man. Always good to hear few sides of the same coin if there were such a thing.
hmm.. glen999, purpose of me asking to buy is not for investment. Buying is for 'own stay', and hence, my holding period will not be a few years, it will either be 10 - 20 years horizon.
I probably need to strike a balance between completely mature PJ neighbourhoods like BU/DJ/DU/SS2 which will cost a bomb and something totally out there, i.e. some place like Rawang for example. Having said that, if i buy something here that is 300k or 400k in Setia Alam, it will not make sense as i feel i might as well buy something in those mature neighbourhoods mentioned. I'm probably going to gun for something small, since 95% of the time, there will only be 2 people in that house.. so something like 18X65 or 20X65 seems ideal.
1) You mentioned Tesco 'in process'.. does that mean not finalised?
2) How far away are these steel mills/heavy industry with smoke away from Setia Alam? From the Setiahome's website, it says "Industrial-Free Zone Development". Like to get a feel of how close we are talking here.. |
for own stay, i think it's ok. but i will try to delay my purchase as late as possible. |
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glen999
Milan Doshi
Joined: 10 Sep 2006
Posts: 2392
Location: KL finally!!!
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| Posted: Fri Jun 22, 2007 1:57 pm Post subject: |
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| banzai wrote: | | tengster wrote: | | banzai wrote: | | profit wrote: | | But situation has changed now. You can easily see hypermarket within amost every 5 km radius in Klang Valley. There's still possibility Tesco will be set up in Setia Alam, or other retail name. |
apparently already under way.. completion sep 2008 |
For Tesco, it aint a possibility. It has become solid fact. Piling work has started by now I supposed. The location is exactly beside Setia Avenue.... |
yep.. this alone i think is a very big bonus to the neighbourhood..
as for ethnic mix.. i think it's fairly subjective on what makes up a good mix so i don't really care as long as the mix is good and there's no heavy skewing to one group.. too much cina oso not good imo.. |
just only Tesco nia... can be a big bonus meh? i actually want to see much more concrete stuff. a big shopping mall and 1 more hypermarket and thriving commercial activities and makan places... ( going to klang parade / 1U is not a solution).
just purely a personal opinion. |
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banzai
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| Posted: Fri Jun 22, 2007 2:05 pm Post subject: |
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| glen999 wrote: |
just only Tesco nia... can be a big bonus meh? i actually want to see much more concrete stuff. a big shopping mall and 1 more hypermarket and thriving commercial activities and makan places... ( going to klang parade / 1U is not a solution).
just purely a personal opinion. |
yep agree but if all the conveniences is in place already.. the pricing won't so cheap.. agree? Compassvale not the same price with Orchard right? 
so in the mean time, best imo is to invest with potential in mind. Tesco is definitely a big bonus because right now, from what i see, there's only a mini market in the neighbourhood.. not sure if there's a market even. Makan places are there but sporadic but i am pretty sure this will pick up within a 3-5year horizon when the neighbourhood is more mature. |
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glen999
Milan Doshi
Joined: 10 Sep 2006
Posts: 2392
Location: KL finally!!!
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banzai
Guest
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| Posted: Fri Jun 22, 2007 2:16 pm Post subject: |
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| okie.. |
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banzai
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| Posted: Fri Jun 22, 2007 2:18 pm Post subject: |
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let's keep this map here for easy ref
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profit
Azizi Ali
Joined: 08 Jun 2007
Posts: 155
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| Posted: Fri Jun 22, 2007 2:39 pm Post subject: |
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| banzai, you mess up Batu 3 toll and Sg Rasau toll plaza |
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banzai
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| Posted: Fri Jun 22, 2007 2:44 pm Post subject: |
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| profit wrote: | | banzai, you mess up Batu 3 toll and Sg Rasau toll plaza |
is it? didn't spend too much time looking.. i don't know the place well enough to tell from such high level oso..
anyway.. good to keep around lah.. |
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banzai
Guest
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| Posted: Fri Jun 22, 2007 7:57 pm Post subject: |
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| tengster wrote: | | banzai wrote: | | profit wrote: | | But situation has changed now. You can easily see hypermarket within amost every 5 km radius in Klang Valley. There's still possibility Tesco will be set up in Setia Alam, or other retail name. |
apparently already under way.. completion sep 2008 |
For Tesco, it aint a possibility. It has become solid fact. Piling work has started by now I supposed. The location is exactly beside Setia Avenue.... |
http://announcements.bursamalaysia.com/EDMS%5Cannweb.nsf/LsvAllByID/482568AD00295D074825717E0034142E?OpenDocument
btw ^^^ |
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banzai
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| Posted: Fri Jun 22, 2007 8:10 pm Post subject: |
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| eh so glen.. which part of klang u staying in now? |
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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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| Posted: Fri Jun 22, 2007 8:13 pm Post subject: |
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| Like Tesco, Maybank, KFC, Pizza Hut, Starbucks will all be there within the next 18 months. |
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banzai
Guest
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| Posted: Fri Jun 22, 2007 8:22 pm Post subject: |
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actually, i wanted to post earlier that objectively speaking that this township is very promising..objective because i don't think i am thinking as an 'owner' but really just putting all the info on the table and putting them side by side..
separate question and i haven't got an answer yet=>
how far do you guys think is the straight line distance from the steel mill to Setia Alam.. Setia Alam should be huge given its acreage .. so some should be closer and some should be much further.. so the distance i am after is the edge that is closest to the steel mill.. |
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banzai
Guest
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| Posted: Fri Jun 22, 2007 8:23 pm Post subject: |
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| Rooster wrote: | | Like Tesco, Maybank, KFC, Pizza Hut, Starbucks will all be there within the next 18 months. |
sounds good man.. sounds like Holland V  |
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supersp
Azizi Ali
Joined: 27 Oct 2006
Posts: 119
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| Posted: Sat Jun 23, 2007 11:23 am Post subject: |
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| banzai wrote: |
how far do you guys think is the straight line distance from the steel mill to Setia Alam.. Setia Alam should be huge given its acreage .. so some should be closer and some should be much further.. so the distance i am after is the edge that is closest to the steel mill.. |
I once drove from the steel mill (ASM) to Setia Alam, it is more than 5-6km. |
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banzai
Guest
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| Posted: Sat Jun 23, 2007 11:33 am Post subject: |
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| supersp wrote: | | banzai wrote: |
how far do you guys think is the straight line distance from the steel mill to Setia Alam.. Setia Alam should be huge given its acreage .. so some should be closer and some should be much further.. so the distance i am after is the edge that is closest to the steel mill.. |
I once drove from the steel mill (ASM) to Setia Alam, it is more than 5-6km. |
thanks chief .. (to the best of your recollection) do you think this straight line distance or should we diskaun sikit or diskaun a lot to get the straight line distance? |
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glen999
Milan Doshi
Joined: 10 Sep 2006
Posts: 2392
Location: KL finally!!!
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| Posted: Sat Jun 23, 2007 1:54 pm Post subject: |
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| banzai wrote: | | glen999 wrote: |
just only Tesco nia... can be a big bonus meh? i actually want to see much more concrete stuff. a big shopping mall and 1 more hypermarket and thriving commercial activities and makan places... ( going to klang parade / 1U is not a solution).
just purely a personal opinion. |
yep agree but if all the conveniences is in place already.. the pricing won't so cheap.. agree? Compassvale not the same price with Orchard right?
so in the mean time, best imo is to invest with potential in mind. Tesco is definitely a big bonus because right now, from what i see, there's only a mini market in the neighbourhood.. not sure if there's a market even. Makan places are there but sporadic but i am pretty sure this will pick up within a 3-5year horizon when the neighbourhood is more mature. |
i dont' think ecopark's price is cheap. |
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glen999
Milan Doshi
Joined: 10 Sep 2006
Posts: 2392
Location: KL finally!!!
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| Posted: Sat Jun 23, 2007 1:55 pm Post subject: |
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| supersp wrote: | | banzai wrote: |
how far do you guys think is the straight line distance from the steel mill to Setia Alam.. Setia Alam should be huge given its acreage .. so some should be closer and some should be much further.. so the distance i am after is the edge that is closest to the steel mill.. |
I once drove from the steel mill (ASM) to Setia Alam, it is more than 5-6km. |
if you look at setia alam NKVE toll signboard. it says 3km to bukit raja toll. |
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