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Setia Eco Cascadia

Aisanbo

Alfrescian
Loyal
care to share the price you thinking of?

Not really thought of it yet. Should be benchmarking with selling price of latest SEC launch in terms of psf.

But just heard there's new regulations for foreigner property buyers. Still trying to figure out the impact.
 

malpaso

Alfrescian
Loyal
Not really thought of it yet. Should be benchmarking with selling price of latest SEC launch in terms of psf.

But just heard there's new regulations for foreigner property buyers. Still trying to figure out the impact.

yup 1M minimum. not sure effective by when..
 

nextreal

Alfrescian
Loyal
Not really thought of it yet. Should be benchmarking with selling price of latest SEC launch in terms of psf.

But just heard there's new regulations for foreigner property buyers. Still trying to figure out the impact.

You can't sell to foreigner if it's below RM1m. Judging by the market prices, you can only sell to locals then.

yup 1M minimum. not sure effective by when..

Budget says 2014. I think should be 1 Jan 2014.
 

malpaso

Alfrescian
Loyal
SEC wish came true for Alluvia terraces.

SEC the price almost there already. remember that there is the 20% quota foreigner still.
i also heard alluvia will be superlink terraces. larger.
so the end and corner lots will be >1M for sure.
the thing is: will there be buyers?
coming jan 2014 & the next 6 months we will see for sure how many locals are actually buying the sub 700=800k houses.
as sis chocolate said: it's gonna be a bumpy ride. only true genuine singaporean buying for own use will be rushing to buy in the next 2 months.
 

Rocker

Alfrescian
Loyal
SEC the price almost there already. remember that there is the 20% quota foreigner still.
i also heard alluvia will be superlink terraces. larger.
so the end and corner lots will be >1M for sure.
the thing is: will there be buyers?
coming jan 2014 & the next 6 months we will see for sure how many locals are actually buying the sub 700=800k houses.
as sis chocolate said: it's gonna be a bumpy ride. only true genuine singaporean buying for own use will be rushing to buy in the next 2 months.

Price range of 700K to 800K is already a challenge to the locals, if the developers wish to attract buyers, they will work out a creative plan. :wink: 上有政策,下有对策 = the top have it policies, the localities have their countermeasures.
 

Rocker

Alfrescian
Loyal
My concern is in the secondary market, our property value depends on bank valuation. If we intend to sell, who will be our buyer? The possibility of capital appreciation is there but the possibility of no buyer is there too ... not unless it is at superior location.
 

LamCH

Alfrescian
Loyal
SEC the price almost there already. remember that there is the 20% quota foreigner still.
i also heard alluvia will be superlink terraces. larger.
so the end and corner lots will be >1M for sure.
the thing is: will there be buyers?
coming jan 2014 & the next 6 months we will see for sure how many locals are actually buying the sub 700=800k houses.
as sis chocolate said: it's gonna be a bumpy ride. only true genuine singaporean buying for own use will be rushing to buy in the next 2 months.

My purchase price - listed is RM >1 million, corner lot, only after discount then below 1 million. So, I think other future unit will cost more. If SEC develop the project into high end, I think it should be no problem.

Anyway, things may change in Malaysia politics. Since, I have already decided to retire in JB it is still better than in Sg, staying in pigeon holes. :biggrin:
 

Rocker

Alfrescian
Loyal
Well Said! To retire in SG really need to be "rich". It will benefit us if SEC could gear it project to higher end, even thought, retired in JB is one of the plan, but it may be good to know we can also "gua sa" our property to next generation.
 

RedsYNWA

Alfrescian
Loyal
Well Said! To retire in SG really need to be "rich". It will benefit us if SEC could gear it project to higher end, even thought, retired in JB is one of the plan, but it may be good to know we can also "gua sa" our property to next generation.

There's currently no issue with 'gua sa' to foreigner. Only issue is that with the RM 1m threshold, you can't transfer the property to your children, while you are still alive. No issue with willing it to them when you pass away.
 

Rocker

Alfrescian
Loyal
There's currently no issue with 'gua sa' to foreigner. Only issue is that with the RM 1m threshold, you can't transfer the property to your children, while you are still alive. No issue with willing it to them when you pass away.

Oh... come to think of that, I need to study my SPA whether it is Joint Tenancy or Tenants in common.
 

nextreal

Alfrescian
Loyal
I received the notice from SP Setia to pay my second 10%.

Can I just walk in to the showroom to pay up? And which one? The one at Tropika or Indah?
 

nextreal

Alfrescian
Loyal
Hey, I saw a MacDonald's being built 3km down Jln Daya opposite the CIMB bank. Quite a big restaurant, I must say. :smile:
 
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