Project name:
Sunway Eastwood
Area:
Seri Kembangan
Developer:
Sunway Eastwood Sdn Bhd
Type:
Semi-D
Tenure:
Leasehold
Semi-D
Tenure:
Leasehold
Price range:
from RM1,650,000
Size range:
from 3,321 to 3,972 ft2
from RM1,650,000
Size range:
from 3,321 to 3,972 ft2
Price/ft2 range:
from approx. RM497/ft2
Total Units:
118units
Maintenance fees:
approx. RM0.20/ft2
from approx. RM497/ft2
Total Units:
118units
Maintenance fees:
approx. RM0.20/ft2
*Above info @ Dec 2011
You can get more info from following website:
http://www.sunwayproperty.com/pd/scpdd_Sunway_Eastwood_Phase_1.aspx
http://www.iproperty.com.my/developments/developmentreview.aspx?pid=2339
The Developer:
This is a JV project between SunwayMas Sdn Bhd and Massive Profit Sdn Bhd.
Location:
Sri Kembangan is quite far away from KLCC, it is in between Puchong and Kajang. The Site Location is closed to The Mines.
| Google Map |
Price:
Compare with SOHO development in Seri Kembangan:
Compare with SOHO development in Seri Kembangan:
- Flexis @ One South ~ price from approx. RM540/ft2 (price info @ Jan 2012) ~ Sunway Eastwood is approx. 8% lower [Read My Previous Blog]
Compare with Condo development nearby:
- Zefer Hill Residence @ Puchong ~ price from approx. RM403/ft2 (price info @ Dec 2011) ~ Sunway Eastwood is approx. 23% higher [Read My Previous Blog]
- Koi Prima (Phase 1) @ Puchong ~ price from approx. RM303/ft2 (price info @ Nov 2011) ~ Sunway Eastwood is approx. 64% higher [Read My Previous Blog]
Compare with Semi-D development nearby:
- New England @ Putrajaya, section 24 ~ price from approx. RM355/ft2 (price info @ Dec 2011) ~ Sunway Eastwood is approx. 40% higher [Read My Previous Blog]
- Taman Nadayu 92 @ Kajang ~ price from approx. RM338/ft2 (price info @ Dec 2011) ~ Sunway Eastwood is approx. 47% higher [Read My Previous Blog]
My View:
Based on the above information, the price/ft2 seems similar for SOHO unit in Seri Kembangan. If you prefer more space then Semi-D is a better option.
If you compare to Condo developments in Puchong, the price/ft2 is a lot higher ~ worth to pay extra for a Semi-D?
Also compare to Semi-D in other places nearby, the price/ft2 is much higher ~ worth to pay extra?
If you compare to Condo developments in Puchong, the price/ft2 is a lot higher ~ worth to pay extra for a Semi-D?
Also compare to Semi-D in other places nearby, the price/ft2 is much higher ~ worth to pay extra?
Based on 90% loan for RM1,650,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM7,261. If you are planning to buy & rent out for investment, you need to take these into consideration:
Will ppl willing to pay more than RM7,261 per month to rent a place in Seri Kembangan?
Don't forget the approx. monthly repayment of RM7,261 excludes following items:
a) Maintenance fees (approx. RM664/month)
b) Assessment tax
c) Quit rent
d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)
Buy & rent market, this is not really a good investment opportunity as you are targeting smaller group of people, eg. expat or people working in Seri Kembangan or nearby. For RM7,261/month, you can easily rent a condo nearer to KLCC (size smaller).
For own stay and location is not an issue, you might consider those Semi-D nearby which are cheaper in terms of price/ft2.
Other developments with similar RM/ft2:
For own stay and location is not an issue, you might consider those Semi-D nearby which are cheaper in terms of price/ft2.
Other developments with similar RM/ft2:
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