A few more:
non-strata: Siarra 81 (right below Setia Green), and the Zan Pavillion Semi-d nearby

Among those, Southbay, One Residence, Setia Pearl Island would be my first choice. But that is really personal preference. If you really like Setia Green, go ahead but just to point out they are more choices.

not true la..this forum only got people vworking in factory la…whether engineer, sales, IT, etc….99%….guarantee…@owner

@owner
Thanks…. most prob will be here long term due to my position and family commitment….will relocated entire family here…. by bthe way… what are the good primary and secondary schools around FTZ area? Thanks

Older estates are not guarded…. that is the downside……I think I will settle for Setia Greens. thanks every one

Didn’t you mention your budget is 1mil… Can get? Your contradiction statement here makes u sound so fake.. Forgive me, couldn’t help it….

@Colleen
There are some nasty ones in this forum….. nasty… very nasty

Ricky Saw will increase his offer to 1.3m very soon i guess. Lol…

@Ricky Saw
If you read through the past comments, you would know that a ID “Penang Homes” has ask similar questions. He pretended a large interest in buying Setia Greens and asking for advice around that area with low budget. He kept on promoting Setia Greens Cordia type.

In a world where Apocalyptic Flooding, Landslides, Toxic Haze, War ,Famine, Toxic Food, Viral Epidemics, Killer Tornadoes and Stolen Elections are an almost Daily Occurrence , I personally find some people’s “Great Dilemma” as to “Hmmm, How should I spend my 1 Million Ringgit? Somebody please help me I am lost!” to be , Maybe just a tiny, Tiny bit, Vulgar and Obnoxious. I think it’s just me

Start renovation for my Cassia home since 2 weeks ago.
Always see the policeman (4 each time) meronda-ronda at my area.
I follow them and found out that they ronda-ronda at Setai Green area only and go back to police station directly.
Feel happy about Setia good effort to work with the policemen to take care of the security of our Taman. But they should also extend their service to the surrounding neighborhood as well to make sure the whole area is a safer place rather than Setia Green only.

Y@Danny Ong
Good to know that…

Did anyone read about the lastest news?

The Star 26.6.13

Saying that SP Setia has brought in 22 police to buff up security for the residences and also is targeting to increase the amount of police force to 40++ person.

I personally think this is a very good move by SP Setia.

@cardevect
I think it is referring to the same police squad that I saw for the last weeks.

Any more units available from the developer?

@Cape Crusader
Yes, incoming Phase 3

Saw the police personnel going about in SG… Thats a bonus.. looking forward for SPS next project… Yay….:)

Owner,

Drop me an email if you have corner unit to sell.

Genuine buyer : jxt2010@gmail.com

@MIB
When is the launch? Do keep me posted

I have 1 unit of Dilllenia intermediate unit located near the Semi D house for sale.

Pentiuman, may I know what is the asking price for the Dilennia unit? Are you owner or agent?

@Pentiuman
How much are you asking?

1.25M

@Pentiuman
If I am not mistken, Dilennia is the smallest among the four types right?

Yes. But my unit is facing the Semi-D

@Pentiuman

you means facing Semi-D can sell higher price?

@Ricky I”m the owner for Cassia type and want to sell my house as I’m going to oversea soon. If you are interested, you can email me at champdog@gmail.com

When is Setia Greens Phase 2 launch date? Anyone can give feed back?

I have a few units for sale.
Interested call /whatapp 016-4750441

@Pepsi
How much and which unit please?

Rachael Choong :
When is Setia Greens Phase 2 launch date? Anyone can give feed back?

Hey Rachael Choong… Let go your units d?

Danny Ong :
Start renovation for my Cassia home since 2 weeks ago.
Always see the policeman (4 each time) meronda-ronda at my area.
I follow them and found out that they ronda-ronda at Setai Green area only and go back to police station directly.
Feel happy about Setia good effort to work with the policemen to take care of the security of our Taman. But they should also extend their service to the surrounding neighborhood as well to make sure the whole area is a safer place rather than Setia Green only.

Hello Danny Ong, sold your unit d or not?

Danny Ong :
Start renovation for my Cassia home since 2 weeks ago.
Always see the policeman (4 each time) meronda-ronda at my area.
I follow them and found out that they ronda-ronda at Setai Green area only and go back to police station directly.
Feel happy about Setia good effort to work with the policemen to take care of the security of our Taman. But they should also extend their service to the surrounding neighborhood as well to make sure the whole area is a safer place rather than Setia Green only.

SG still got security issue or not?

Security issue? Not sure.

But, quite sure you will have the issue of foreign workers stay in your neighborhood.

Like Zan Villa which is 100 meter away from Setia Green.

The price has been stagnant since 2 years ago.

@max

You mean those from ASEAN countries 1 is it? Recent police crack down on illegal workers sure force some of them to hide out nearby 1. Rachael Choong and Danny Ong should raise some geese to defense their SG lo.. These animals are quite fierce 1.

I am interested buyer to buy a unit of Setia Greens, pls email me if your unit want to sell.
phchin888@gmail.com. No agent please.

Anyone selling Cassia type around RM1.2 mil please email me wst88@yahoo.com

Anyone interested to sell Cassia unit facing south? Please call me 012-5649055. Thanx

I am looking for a house around Setia Greens. Anyone selling around RM 1.2 mil please email at fourteenren@gmail.com Thanks. Serious sellers only please…

any owner want to let go with price tag of rm900k? pls e-mail me at happyhero_jjgarden@yahoo.com

Hi, I have a brand new unused Summer 270GX to let go. Bought from Perfect Living fair 2013. Installation included. Product to be delivered straight to your home together with complimentary site checking from Solartech Sales & Service Sdn. Bhd. If interested and would like to know more details, kindly email me at ritz_tracey@yahoo.com.

@Q
Hi Q, I have one unit Setia Green 2. Willing to let go at RM900K.
Sent email to you already.

@Q
I have one unit willing to sell at 700K.
I had sent you an email.
I already “RUGI BANYAK” then you should be happy to buy from me now ^_^.
Please help to contact me OK!

700k?

@CS
Really 700k? Can you send me the details. quartzcan@gmail.com

CS :
@Q
I have one unit willing to sell at 700K.
I had sent you an email.
I already “RUGI BANYAK” then you should be happy to buy from me now ^_^.
Please help to contact me OK!

It is just too good to be true. Just to remind everyone to be carefull. If there is any illegal or unofficial payment requested during the purchasing process, then most likely it is a con. No harm trying but just remember to always stay cautious. Most of the time, those who get cheated are those whose mind already covered with greedy feeling or think they get a great deal.

@CS, no offense. Nothing personal. Just a general reminder.

Average price for Setia Greens landed houses are now between RM1.25 mil to RM 1.4 mil….

Strange I haven’t received any offer yet.

Good news! Unifi will be installed in Setia Greens next month

i just went to TM Point B_Baru, they said don’t know when the installation. Lim Ho, where do u get the info?

I am interested to purchase one unit in Setia Green.. If anyone interested to sell, please pm me ianng2000@hotmail.com

Happy New Year to all :)…

Hi all.. I am also interested to purchase a unit in Setia Green.
Direct owner please… I already got too many agents calling me.

ryukick2088@hotmail.com

Sg Ara & Relau are full of landed hse and condo waiting for buyers.

Try to avoid investing in the area. No hurry.

SP Setia Pearl Island already opened up to renting Bangla/Indo/Viet foreigners.

But, you still can consider prime area (mature neighborhood).

@tim
Not SPI area rent to foreign workers. It’s from the units outside SPI along persiaran kelicap rent to foreign workers

Unifi installed in Setia Greens?

Hi owners, please email me at happyhero_jjgarden@yahoo.com if you want to sell your unit. I’m a customer. Please let me know the price, the size of the house and facing direction. I prefer the owner to contact me direct. No agent please. Thank you

I went to see the subsale units. Looks like the workmanship is not so good. Can see crack line and roof leaking. Not worth to spend rm1.2 million for such unit.

I have one unit for rent…cassia..2 air cond…built in kitchen (Oppein brand)..RM 1800 per month only please email mickkalus@gmail.com Thanks

@James
RM1800 not expensive. Do you limit the number of occupants?

Anyone has Setia Green unit to sell ? Pls call me 017-4867832. I am buyer.

Do not buy any property in Sg Ara, Relau & Bayan Lepas area yet.

Too much of supply.

The houses have been stuck for 2 years.

You can afford to wait.

@lim
Wait until GST implemented then all the things price shoot up then only start buy.

@lim

May be right? But wait how long ah?

How much can drop?

Are you talking about landed house or condo?

Then if landed are you talking about gated & guarded or individual title (BTW this project is individual)?

Especially, in my area, Lorong Kenari/Jalan Kenari/Cangkat Kenari, many Semi D and Corner hse already stuck for min 2 years

Some may be ~5 years…

Make sure you make a good bargain if you want to buy.

It is buyer market at least in these areas.

If you need to buy a house for own stay, you should start looking now because there is plenty in the market. If you’re looking to flip, it’s very difficult because the market is very slow now.

I am interested buyer to buy a unit of Setia Greens, pls email me if your unit want to sell.
wendywen11111@gmail.com. No agent please.

I am interested buyer to buy a unit of Setia Greens, pls email me if your unit want to sell. wendywen11111@gmail.com. No agent please.

I am owner and I have 1 unit of Setia Green to let go.
Message me if you are interested.
010 384 2288

The price was $1.2M 1.5 yrs ago.

Now, still $1.2M.

Assuming the investor bought at $900K initially.

Interest loss : $900K x 5% x 1.5 yrs = $67,500

lim :
The price was $1.2M 1.5 yrs ago.
Now, still $1.2M.
Assuming the investor bought at $900K initially.
Interest loss : $900K x 5% x 1.5 yrs = $67,500

You have to think if someone go bought RM900K car after 1.5 years the value of car will drop maybe RM200K or more become market value RM700K or less than that.

@lim
Unless of course the investor is millionaire which I doubt. Probably the investor getting DIBS and borrowing money until 100%.

Actually investor should not play with high end property because high end property sub sale is very bad in Penang.

Comparison is more meaningful, if u compare asset of same class.
Car is a depreciating liabilities isn’t it?

U may compare SG with SPI, Sunway Tunas, Sri Nibong, BJ or even Sathu…..basically freehold landed property within the few km range would make sense.
Did they rise too or remain? Anyway this is just short term analysis. But u need to know why it didn’t go up that much compare to others.

I think, Subsale is bad (may be volume but not d price) in some areas and not across la…..u can easily pick a few location I mentioned above and can check with agents.

As the freehold landed are indeed high price, buyers are really selective and research a lot to choose the “right” properties.
That’s why many agents now “susah cari makan”, they prefer sell condo where more goreng.

By the way, since this is landed, you need to consider land size as well when compare.
As one of the main reason to buy freehold landed is for the land too….as you will hold it in perpetuity.

Hi c, your analysis makes sense. You sound like an expert in properties. If you have 2 mil cash on hand today, and you’re looking for property investment, what would you buy? Would you put all 2 mil in 1 property? Or split it into a few? Which property would you buy? Can share?

what? bought this 4 years ago for 900k, and can only asking for 1.2mil today? bad investment!! but good for SP setia lah, they make money, you hold the shit, bank makes money for lending you money, and you continue to work like a slave to service your loan. this world is confirm not fair!

@spidey
No worry. I think all Setia Green buyer is multi millionaires. Holding power very strong.

well, holding power is one thing. but the return on investment is very bad. assuming the buyers are multimillionaires, and they bought by cash, if they had used the 900k to buy dividend stocks 4 years ago, they would have ended up with at least 3 mil today…:) stupid right?

again, assuming the buyers are multimillionaires and they don’t mind waiting, they should have bought properties in gurney area. sungai ara ah? can only flip to locals, but gurney, can flip to foreigners. again, stupid right?

@CuiKongLamPaSong

Sg Ara is not Gurney type of market. It provide the home for the primary real PRODUCTIVE E&E and many industries.
cannot compare it this way. Imagine the new SG is built in Kelawai rd. I think Rm2m also cannot get.

There is no secret freehold landed (except balik Pulau & T. kumbar) will be getting less by % of supply. Yet the demand is very strong. Natural Land in island (except reclaim) cannot be created to create more landed units (except condo can la, sky is the limit). Where else got many lauching landed free hold near here?

I think there are some pockets of opportunities in subsales as it is under price. But everyone simply like new properties as if they are getting a wife.
I am not agent and not intend to promote any area. Follow the amenities and jobs….if you are really play safe u should near to Queensbay mall and FTZ, you should not go wrong. If you a bit daring go for upcoming small township…..i don’t think MacDonalds would fail in their Research.

Enough tips?

Go back to basic and fundamental…..accounting simply cannot be go beyond “logic”, but speculation and greed can.

Please bombard or criticise me if i wrong….tq

You will never lose money in buying landed properties. I think almost 100% know that landed properties appreciation is much slower than condo. This is the fact that we have to accept. In term of investment, smart investors will choose condo over landed. So, most of the Setia Greens owners are buying for own stay. I do not rule out the possibility that there could be 50% speculator vs 50% for own stay. Until those speculators sold all their units, then it is the time for Setia Greens price to appreciate faster. I can give you an example of Setia Vista. Now the market value is around 1-1.1m for 2 storey terrace intermediate unit but yet you hardly see anyone want to sell their unit. This is because those bought for investment already released their units between 850k-950k. In term of quality, Setia quality level is much better than other developers. That’s why the price of Setia properties are at least 10% higher than other developers. You should go and check out the house quality between Setia Vista, Setia Green, SPI, Siarra 81, Zan Villa, Taman Relau Mutiara and Oasis Residence.

Okay, now back to Setia Greens. Below are the launching price for each types and also the latest transaction.

Launching price in 2011
Ehretia – RM898,000.00
Dillenia – RM898,880.00
Cordia – RM988,880.00
Cassia – RM968,880.00

Transaction price as far as i know. Not much appreciation compared to last year but the price will go up after genuine house owners come in.

June 2013 – RM1.15 Cassia
April 2014 – RM1.19 Cassia

@spidey

Can you get 1.2m landed near Gurney area? If you’re talking about E&O, you need at least 2m.

Hi setia2013,

I want to clarify with you on what you said :-

(1) “I think almost 100% know that landed properties appreciation is much slower than condo. This is the fact that we have to accept. In term of investment, smart investors will choose condo over landed.” – so you’re saying those who bought setia green for investment are stupid?

(2) “This is because those bought for investment already released their units between 850k-950k. ” – so you’re saying speculators sold the units almost at a loss, since the launching price as outlined by you was already 900k-970k??

@CaptAmerica

No, i never said those bought Setia Greens are stupid. My point was, if you want to have quick money after VP, then go for condo. For landed like Setia Greens, you need to wait longer. In term of risk, condo is higher and landed is lower. If you let me choose now, i will go for landed.

On the pricing, i made comparison for Setia Vista case not Setia Greens. Setia Vista launched at 590k and now selling 1-1.1m after 3 years VP.

I agreed with u based on past record, but do u think in near future, the same thing can happen again where u can flip condo with high margin?
The supply situation is different in next 2-4 years. Did we increase our populations, many expatriates or have many new MNC here? I don’t now, I am not engineer, just good at some numbers.
Good example is here Relau/Sg Ara area.

On Vista, I m very surprise with its std 1300sqft terrace house price now. Really RM1.1m?
The thing I like is the environment internally within its area. Other thing no comment

@c

I don’t know either. My personal opinion is, price will be stagnant or move up a bit in near future. It is unlikely drop! If you plan to buy for own stay, it doesn’t matter right ? Most subsale buyers bought it for own stay.

I think (even though not fully GnG) i start to get another picture…..SG & Vista Rm1.1m (1300sqft) may be the reference in gated project in Relau / Sg Ara.

No wonder seller asking for RM1.3M for One Residence as their land size start from 1540sqft.

Just inactive for few months a lot of upwards adjustment in landed already. quite aggresive.

@c

Actually for One residence, the main reason for it to price at 1.2-1.3m mainly due to the facilities available there such as swimming pool, gym and etc…

For SG, the price will appreciate in the next few years. For Setia Vista, the price almost saturated and it is 2 storey only. SG has more room to move when Pinacle condo completed and the coming semi-D launch.

You sounded more bullish towards guarded scheme than full GnG.
I also like the fact lower maintenance fees but minus facilities. Personal choice anyway.

But I understand for SG, it is not compulsory to pay? Something like in Bandar Utama, I see some don’t pay don’t get the badge hang on their gate.
I feel a bit unfair to those pay. Govt shud change law to ensure everyone pay. Should not let this guarded scheme fail by Kiamsiap owners!

Wow, spidey must be a very smart investor, calling others stupid. You must be making millions on investment, boleh teach us ah???

In my view, you can be smart before, but time have change….making money from properties would not be that easy and fatty too.

In Penang alone….Too many “smart” people already. Need to be very selective.

Anyone can share your Setia Green renovation picture ?

I am interested to buy an unit of Setia Greens, pls email me if your unit want to sell. icty315@gmail.com. No agent please. Thanks

@Chin

If you plan to buy, i suggest you to put your contact here (mobile). Some owners will drop by and contact you. If you want it fast, you can contact any agent. My personal opinion is that, agent may help you to nego for much better price. So paying 1% comms is not bad at all. But be careful, some agents may advertise the property way below market price (example 50-100k below) just to let you contact them. Then they will tell you that unit just sold out and they have another few units but with higher price. This is the tactic most agents use today!

@Pentiuman
Hi, is your unit still on sale?

@Sungai Ara
Please send me the details to my email: alat1975@gmail.com

Thanks.

I’m a genuine buyer in Setia Greens unit. Please email me at: alat1975@gmail.com. NO AGENTS PLEASE. TQ.

They r using bank loan to invest. Assume 900k. Downpayment 90k. Interest a year 60k. Sell 2 yrs 1.12 mil. 2 yrs earn 220k -120k = 100k. Assume 1st pro no rpgt. So yield is close to 100% based on 90k….

Another is the psyco level of 1 mil n difficulty to get 1mil loan. So not too easy to goreng unless u sell to a rich n able buyer. So goreng condo price near higher, ppl start changing landed home…. Then price start going up….prob change home u can get afford landed in less pressure. So better jump on house wagon b4 it go further up.

Hahaha….your english is marvellous

I am owner and I have 1 unit of Setia Green to let go.
Contact me if you are interested.
+6010 384 2288

How much is the maintenance fees since it it GnG. Thanks

Hi,
I’m a genuine buyer for Setia Greens unit. Please email me at: steffi_79@hotmail.com. No agents please.

Genuine buyer of Setia Green Cordia, please pm me at tjeekean@yahoo.com. No agent please.

I’m a genuine buyer in Setia Greens unit. Please email me at: aunthiam@gmail.com. NO AGENTS PLEASE. TQ.

Interested buyer of Setia Greens unit here. Please email me at obikev31400@gmail.com.
No agents please.

I am interested buyer of setia green unit cordial type. Please email me at cl_chew1129@hotmail.com. no agent please

Genuine buyer of setia green, please Let me know If you want to Let go your unit.
No Agent please.
Tell:0124816566
Jason

@jason

Agent fees also want to save.

hi I’m an owner of one ehretia unit which is just facing the lake, nice view and ample parking space. It’s also just after the security guardhouse for extra security. Fully renovated and furnished 3 rooms. I use quality appliances, signature kitchen, kamay furniture etc. Have 10ft backyard which I converted to a wet kitchen + wash area. 9 airconditioners, fans, 3 x 65″ Panasonic flat screen, entertainment room.

Selling because of work relocation so do contact me via email (ronnt88@hotmail.com) those who are interested. Cheers 😉

This place full of mangkalai and foreign worker. If wanna sell better sell fast..lol