Setia Walk Change Plan!? Corporate Office Tower Change to High End Serviced Apartment?

May 2, 2010 · Filed Under Interesting News, Property Investment · 2 Comments 


From what I heard recently, SP Setia might change its initial plan of Corporate Office Tower in Setia Walk to high-end serviced apartment, which probably designed bigger build up areas and luxury concepts compare to current The Solace, Brio and Vio Serviced Apartment.

Don’t get me wrong! I say, I heard only, so far SP Setia hasn’t revealed anything about the changes. However, it is an interesting case study to analysis why the property developer makes such a decision, does it an advantage or disadvantage for existing investors who bought The Solace, Brio and Vio, I mean if the changes are confirmed.

Doubt No.1 – Oversupply Shop Lot and Office in Puchong?

They change it because The Puchong Financial Corporate Centre (PFCC) developed by IOI Properties is just next door and believed the supplies of offices are sufficient to cater the current demand in Puchong area? Bear in mind, the newly completed IOI Boulevard is located just not far from SetiaWalk.

Doubt No.2 – Overwhelming Response on Serviced Apartment?

They change it because of the overwhelming response from buyers during the launching of both Brio and Vio Serviced Apartment? Just can’t imagine the developer sell their products like a hot cake even though the prices are generally deemed a bit too high. But the fact is, buyers are queuing overnight for it! Total of 759 units from the 3 blocks serviced apartments are almost fully sold out now.

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SP Setia 5/95 Home Loan Package Ends on 19 July 2009

July 5, 2009 · Filed Under Home Loan, Property Investment · 1 Comment 

Final Reminder: The best property developer in Malaysia SP Setia Berhad has announced their SP Setia 5/95 Home Loan Package will ends on 19 July 2009. The SP Setia 5/95 Home Loan Package was firstly launched on 19 January to 19 April 2009 and then extended by popular demand until 19 July 2009.

SP Setia would not be extending the loan package which would end on July 19 ~ SP Setia Berhad president and chief executive officer, Tan Sri Liew Kee Sin

SP setia 5 95 home loan package ends on 19 july 2009 save more money
Under the SP Setia 5/95 Home Loan Package, home buyers or property investors are required for 5% down payment with no interest payable during construction period. That means both home purchasers and property investors only begin servicing their 95% loan upon completion of the property. Besides, SP Setia offers you free legal fees & stamp duty for sale & purchase agreement, free loan agreement & transfer. The unique mortgage loan package helps everyone save more mortgage interest and save more money! Thumbs Up for SP Setia 5/95 Home Loan Package!

SP Setia 5/95 Home Loan Package Features:
  • 5% Down Payment
  • 95% Home Loan
  • 0% Interest during Construction Period
  • Free Legal Fees & Stamp Duty for Sale & Purchase Agreement, Loan Agreement & Transfer

Projects Klang valley penang Johor bahru entitled for SP setia 5 95 home loan package promotion

Projects Participated:
  • Klang Valley

    • Setia Alam
    Setia Eco Park
    Setia Walk
    Setia Sky Residences Kuala Lumpur
    Setia Putrajaya

  • Penang

    • Setia Pearl Island
    Setia Vista

  • Johor Bahru

    • Bukit Indah
    Setia Indah
    Setia Tropika
    Setia Eco Gardens

banker involved for sp setia 5 95 home loan package

5 local Financial Institutions from Malaysia have been supported for SP Setia Home Loan Package Campaign:
  • Maybank
  • Direct Access (a division of CIMB)
  • EON Bank Group
  • Public Bank
  • Ambank
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