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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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 Posted: Sat Sep 12, 2009 11:56 am Post subject: |
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Setia Alam AKASIA apts launched:
- low/mid cost
- G&G
- 2 parking lots
- comes with dryer
- price is circa 102K, which is 72K +30K for upgrade
- only one panel bank MBSB, 100% financing
- 60% taken by developer staff
- about 50 units available, all 3rd n 4th flrs
Feature :-
•3 Rooms & 2 Bathrooms
•Built-up : 825 sq ft
•Selling Price From: Min RM 72,000 - Max RM500,540
•No of Units : Type A: 140, Type B: 80
* Housing Developer's License No : 9246-36/08-2014/861 Validity Date : 28/08/2009-27/08/2014
* Advertising and Sales Permit No : 9426-36/1776/2010(08) Validity Date : 01/09/2009–31/08/2010
* Tenure of Land : Freehold
* Expected Date of Completion : Sep 2012
* Approving Authority : Majlis Bandaraya Shah Alam (MBSA)
* Reference No : MBSA/BGN/BB/600-1(PB)/SEK:U13/0089-2009
* Land Encumbrances : Nil
http://www.spsetia.com.my/setia_alam/pfs_akasia.htm |
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cblau
Superman Li Ka Shing
Joined: 19 Aug 2006
Posts: 20947
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| Posted: Sat Sep 12, 2009 11:57 am Post subject: |
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This one investable or not ?  |
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sunrain
Milan Doshi
Joined: 14 May 2008
Posts: 3671
Location: KL/PJ
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| Posted: Sat Sep 12, 2009 12:50 pm Post subject: |
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looks ok wor...
can get 850 rent or not?
maintenance fees how much? |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 1:39 pm Post subject: |
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going there to 8 later and after that The Strand. 
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 1:42 pm Post subject: |
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apa tu 30k upgrade?
up to 500k? what is that?
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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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| Posted: Sat Sep 12, 2009 2:03 pm Post subject: |
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| aramis wrote: | apa tu 30k upgrade?
up to 500k? what is that? |
The 30K is considered upgrading of tiles, etc. There is a ruling that midcost must be 72K or lower, so, they structured it this way.
500K is for the several small shoplots inside.
Several taikors there now...  |
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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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| Posted: Sat Sep 12, 2009 2:09 pm Post subject: |
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| sunrain wrote: | | maintenance fees how much? |
RM80 pm, starts from VP. |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 6:25 pm Post subject: |
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only 2 panel bank/financier, CIMB and MBSB.
CIMB only 90% with 5yr lock-in. Rate is blr-1.6 with mrta and -1.5 without.
MBSB got once package (EZ-i) with zero lock-in but the loan officer dunno cakap apa, like blur blur when I ask her. Rate is 2% 1st yr, bfr+0 2nd and bfr+0.5 3rd yr onwards.
first 3 flrs all sapu by staff.
4th flr only got less than a handful.
5th flr still got 90%.
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Bozo!
Renesial Leong
Joined: 21 Aug 2009
Posts: 842
Location: Mind & Body Are In 2 Different Places
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| Posted: Sat Sep 12, 2009 7:55 pm Post subject: |
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wah, like this 1.. got 1million ringgit, can buy enbloc i think.
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Sleeping body... |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 7:58 pm Post subject: |
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| Bozo! wrote: | | wah, like this 1.. got 1million ringgit, can buy enbloc i think. |
cannot, coz u r not sp setia staff.  but u can buy the whole 5th floor. 
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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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| Posted: Sat Sep 12, 2009 9:17 pm Post subject: |
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| aramis wrote: | 4th flr only got less than a handful.
5th flr still got 90%. |
There are 5 levels, so highest is 4th flr.
At 5pm, all flrs - grd to 3rd flr - taken.
4th or top flr, only a few taken, 90% available.
This flr is high to walk up, may have leaking roof, and can be hot if insulation is not done well. That explains it.  |
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4473
Location: In KL Finally!
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| Posted: Sat Sep 12, 2009 9:36 pm Post subject: |
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i used to stay in walk up apartment, top floor....
hot and leakage is the least concern of the owner.... i never experienced it... The climb to your floor is the killing factor man..... especially if you carry groceries or have small kids.. After the second floor the kids will be tire and ask daddy to carry them up.....
From rental point of view, definitely have to wait lower floors tenanted out first before they will consider your unit... And subsales prices also lower than ground and first floors...  |
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sunrain
Milan Doshi
Joined: 14 May 2008
Posts: 3671
Location: KL/PJ
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| Posted: Sat Sep 12, 2009 9:59 pm Post subject: |
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| ini machiam too late to masuk dy lar? |
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4473
Location: In KL Finally!
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| Posted: Sat Sep 12, 2009 10:05 pm Post subject: |
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| sunrain wrote: | | ini machiam too late to masuk dy lar? |
For own stay or let it out to young ppl maybe ok.. But i was young also... Especially when brought back paperworks and files from office or bought groceries... Dem tire.. If you think staying condo with lift is hassle, try it at walk up apartment.... |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 10:14 pm Post subject: |
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| Rooster wrote: | | aramis wrote: | 4th flr only got less than a handful.
5th flr still got 90%. |
There are 5 levels, so highest is 4th flr.
At 5pm, all flrs - grd to 3rd flr - taken.
4th or top flr, only a few taken, 90% available.
This flr is high to walk up, may have leaking roof, and can be hot if insulation is not done well. That explains it. |
hee hee hee..it depends whether you are british or american.  my 4th flr is your 5th flr
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Opinion is like an ASSHOLE, everyone has one. But some smell............. |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 10:19 pm Post subject: |
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| gks wrote: | i used to stay in walk up apartment, top floor....
hot and leakage is the least concern of the owner.... i never experienced it... The climb to your floor is the killing factor man..... especially if you carry groceries or have small kids.. After the second floor the kids will be tire and ask daddy to carry them up.....
From rental point of view, definitely have to wait lower floors tenanted out first before they will consider your unit... And subsales prices also lower than ground and first floors... |
very true. before I move to BK, I used to stay in a walk up apartment also, 2nd floor (or 3rd, depends how u look at it ) everytime come back from Giant, Im sure sien oredi.
But for 100k with 2 designated car parks and full ceramic tiles for all floors, ceiling height tiles for both toilets + a free clothes dryer. Not bad, no?
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4473
Location: In KL Finally!
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| Posted: Sat Sep 12, 2009 10:32 pm Post subject: |
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| aramis wrote: | | gks wrote: | i used to stay in walk up apartment, top floor....
hot and leakage is the least concern of the owner.... i never experienced it... The climb to your floor is the killing factor man..... especially if you carry groceries or have small kids.. After the second floor the kids will be tire and ask daddy to carry them up.....
From rental point of view, definitely have to wait lower floors tenanted out first before they will consider your unit... And subsales prices also lower than ground and first floors... |
very true. before I move to BK, I used to stay in a walk up apartment also, 2nd floor (or 3rd, depends how u look at it ) everytime come back from Giant, Im sure sien oredi.
But for 100k with 2 designated car parks and full ceramic tiles for all floors, ceiling height tiles for both toilets + a free clothes dryer. Not bad, no? |
IF you get the ground OR first floor, i think it's good price to pay.... But top floor? i recall the place that i stayed, ground floor units subsales from RM140k but top floor struggled for RM120k...
If rent it out, target market also a bit narrow... any tenants with elderly sure out.. With young kids also maybe out.. left young couples or single.... |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 10:35 pm Post subject: |
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| gks wrote: | | aramis wrote: | | gks wrote: | i used to stay in walk up apartment, top floor....
hot and leakage is the least concern of the owner.... i never experienced it... The climb to your floor is the killing factor man..... especially if you carry groceries or have small kids.. After the second floor the kids will be tire and ask daddy to carry them up.....
From rental point of view, definitely have to wait lower floors tenanted out first before they will consider your unit... And subsales prices also lower than ground and first floors... |
very true. before I move to BK, I used to stay in a walk up apartment also, 2nd floor (or 3rd, depends how u look at it ) everytime come back from Giant, Im sure sien oredi.
But for 100k with 2 designated car parks and full ceramic tiles for all floors, ceiling height tiles for both toilets + a free clothes dryer. Not bad, no? |
IF you get the ground OR first floor, i think it's good price to pay.... But top floor? i recall the place that i stayed, ground floor units subsales from RM140k but top floor struggled for RM120k...
If rent it out, target market also a bit narrow... any tenants with elderly sure out.. With young kids also maybe out.. left young couples or single.... |
yes yes. Top floor is a big no no, at least for me.
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Opinion is like an ASSHOLE, everyone has one. But some smell............. |
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tazochai
Milan Doshi
Joined: 25 Nov 2007
Posts: 3984
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| Posted: Sat Sep 12, 2009 10:42 pm Post subject: |
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| gks wrote: | | aramis wrote: | | gks wrote: | i used to stay in walk up apartment, top floor....
hot and leakage is the least concern of the owner.... i never experienced it... The climb to your floor is the killing factor man..... especially if you carry groceries or have small kids.. After the second floor the kids will be tire and ask daddy to carry them up.....
From rental point of view, definitely have to wait lower floors tenanted out first before they will consider your unit... And subsales prices also lower than ground and first floors... |
very true. before I move to BK, I used to stay in a walk up apartment also, 2nd floor (or 3rd, depends how u look at it ) everytime come back from Giant, Im sure sien oredi.
But for 100k with 2 designated car parks and full ceramic tiles for all floors, ceiling height tiles for both toilets + a free clothes dryer. Not bad, no? |
IF you get the ground OR first floor, i think it's good price to pay.... But top floor? i recall the place that i stayed, ground floor units subsales from RM140k but top floor struggled for RM120k...
If rent it out, target market also a bit narrow... any tenants with elderly sure out.. With young kids also maybe out.. left young couples or single.... |
while the tenant market for top floor units is narrow, i believe it is very well defined. main occupiers are future property taikors. |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 10:50 pm Post subject: |
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| tazochai wrote: |
while the tenant market for top floor units is narrow, i believe it is very well defined. main occupiers are future property taikors. |
I guess u mean those taikors from SA and SEP who knows this place very well? 
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Opinion is like an ASSHOLE, everyone has one. But some smell............. |
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tazochai
Milan Doshi
Joined: 25 Nov 2007
Posts: 3984
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| Posted: Sat Sep 12, 2009 10:52 pm Post subject: |
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| aramis wrote: | | tazochai wrote: |
while the tenant market for top floor units is narrow, i believe it is very well defined. main occupiers are future property taikors. |
I guess u mean those taikors from SA and SEP who knows this place very well? |
no, i meant aramis kor and gks kor, both had lived at top floors of walk up apartments! |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 10:56 pm Post subject: |
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| tazochai wrote: | | aramis wrote: | | tazochai wrote: |
while the tenant market for top floor units is narrow, i believe it is very well defined. main occupiers are future property taikors. |
I guess u mean those taikors from SA and SEP who knows this place very well? |
no, i meant aramis kor and gks kor, both had lived at top floors of walk up apartments! |
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Opinion is like an ASSHOLE, everyone has one. But some smell............. |
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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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| Posted: Sat Sep 12, 2009 11:42 pm Post subject: |
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Some have seen it, most have spoken.
Now, we wait 36m to see if this will make a good investment.  |
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Rooster
Ng Teng Fong
Joined: 24 Mar 2007
Posts: 5454
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| Posted: Sat Sep 12, 2009 11:44 pm Post subject: |
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| aramis wrote: | | Rooster wrote: | | There are 5 levels, so highest is 4th flr. |
hee hee hee..it depends whether you are british or american. my 4th flr is your 5th flr |
Really?
Seriously, this is news to me. I had always knew Brit or Yank, it goes:
Grd-1st-2nd-3rd... FLOOR |
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aramis
Ng Teng Fong
Joined: 28 Aug 2006
Posts: 7795
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| Posted: Sat Sep 12, 2009 11:48 pm Post subject: |
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| Rooster wrote: | | aramis wrote: | | Rooster wrote: | | There are 5 levels, so highest is 4th flr. |
hee hee hee..it depends whether you are british or american. my 4th flr is your 5th flr |
Really?
Seriously, this is news to me. I had always knew Brit or Yank, it goes:
Grd-1st-2nd-3rd... FLOOR |
http://en.allexperts.com/e/f/fl/floor_numbering.htm
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Opinion is like an ASSHOLE, everyone has one. But some smell............. |
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