Attracted to Setia Alam property developed by SP Setia Group? What do you think on the SP Setia Alam project? Invest Setia Alam to make more money or buy for own stay?
Setia Alam, no doubt it’s a huge township development and selling like hot cakes in Malaysia Klang Valley area. So many friends, colleagues, families and relatives are talking about the project. So many people had visited their showroom too. The credit should be belong to the launching of 5/95 home loan package by SP Setia Group.
Can you imagine how good is the 5/95 financing scheme? You just required paying 5% down payment and nothing more till completion of construction. Save huge interest and nothing to worry about risk of abandon project plus with the good reputation of SP Setia Group for it past record as Malaysia top developer for few subsequent years till today. Basically, it’s a risk-free deal.
Buy Setia Alam Property for Own Stay
If this is your purpose to buy one and it’s for long-term. Then, I will say, go ahead! It’s a risk-free deal to buy one for your own stay with your family. Why say so? Look at the points on below:
- SJK (C) Pin Hwa 1 Klang Chinese School – Operating now!
- Tenby International School – Operating now!
- Tesco Setia Alam Hypermarket – Operating now! Only 5KM from SP Setia toll
- Giant Hypermarket – Under construction, located just opposite Tesco Setia Alam
- Petronas Petrol Station – Operating now!
- Setia Badminton Academy – Operating now!
- Business Center – Partly in operating and more are coming soon!
- Klang Sentral Station – Operating soon!
- SP Setia toll – Toll and highway done, well planned and access is so convenience
- Surrounding Environment – Mini Lake, plants, flower, trees, and grass can be found everywhere. I mean greenery environment
From the outcome of the current progress status on the whole development, at least SP Setia Group has proven that they are sincere on delivering their products to buyers and highly committed on the projects launched. This is something very unique strength about the developer compares to others. Perhaps that is one of the reasons why SP Setia Group is still remaining as top developer in Malaysia.
Buy Setia Alam Property for Investment
Cash Flow Strategy
Definitely is a NO WAY if you intend to buy Setia Alam property to rent out with a good rental which is greater than your monthly installment and enjoying monthly positive cash flow; unless the whole township is almost fully developed and you are buying the last few phases of the development. Else, who do you expect to become your tenant and stay there?
Buy and Sell (Flipping) Strategy
Under this strategy, normally the short-term investor is expecting for quick return from capital. Normally, they buy a property below market price and sell it off after a minimum renovation or repairing works. In another words, the strategy is more suitable to be applied at high demanding area with highly populated or high occupancy rates.
Basically, we don’t see any features of the current Setia Alam’s newly launched properties meet the requirements of Buy and Sell Strategy.
Buy and Hold Strategy
Generally, Setia Alam is meeting most of the considerations as investment grade’s property for Buy and Hold Strategy. The development is in the direction of growth as it surrounded by Setia ECO Park, Mega high-rise and high end commercial projects within the township, Aman Perdana by Mah Sing Property Group, land bank areas that own by SIME Group and Klang Sentral Commercial Centre. Besides, unique 5/95 home loan package has been introduced for the development due to the current economic downturn situation; therefore, both cost and risk has been lowered to the minimum level. So, it’s make more sense if you are going to buy Setia Alam property as investment purpose by using Buy and Hold Strategy.