Queue Setia Eco Templer

“Quite an adventure”. This is how Lee, a lawyer from Sungai Buloh, summed up the experience he and his wife had in buying a semi-detached home at Setia Eco Templer. The couple was among those who had queued overnight to secure their dream home.

“What we really like are the greens in the area …,” said Lee, who had registered his interest in the project a year ago.

He and his wife had visited the site numerous times, even before being informed of the launch by the developer, S P Setia Bhd.

Phase one of Setia Eco Templer is almost all sold out. All the 176 units of 2-storey linked villas and six bungalows have been sold. Of the 52 units of semi-detached units, 24 have been taken up as at press time.

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Many of those who bought the linked villas and semi-detached units had come from neighbouring areas like Rawang and Kepong. All six bungalows were bought by businessmen as their weekend homes.

The linked villas have built-ups of 2,394 sq ft to 2,626 sq ft and cost RM850,000 onwards. The 2-storey bungalows with built-ups of 4,214 sq ft cost around RM2.8 million while the 2-storey semi-detached homes with built-ups of 3,481 sq ft and 3,492 sq ft cost around RM1.7 million.

The homes are sold under the Setia 10:90 programme, where buyers only need to pay a deposit of 10% with the remainder payable only upon completion of the property.

This is a leasehold strata-titled development. For the first phase, the maintenance fee is 17 sen psf.

Au Foong Yee is the managing director of The Edge Communications and The Edge Property. She was formerly the executive editor of Property and Retailing at The Edge Malaysia. She can be contacted at [email protected].

This story first appeared in TheEdgeProperty.com pullout on May 20, 2016, which comes with The Edge Financial Daily every Friday. Download TheEdgeProperty.com here for free.

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