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 Taman Putra Prima Vs. Taman Tasik Prima, 2 & 2.5 Storey link house vs.Townhouse

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TSpatmos
post Oct 17 2010, 02:55 AM, updated 15y ago

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Hi guys, has anyone come across the development at Taman Putra Prima by Plenitude Berhad? It's located slightly further up from Taman Tasik Prima, built on ex-plantation land and Freehold. The one I'm looking at is phase 8b the one near the new shop lot, you can see it just along the road heading to taman mas. Design is pretty modern and seems like selling very well too. Previously was looking at cascadia townhouse at Taman Tasik Prima, design not bad too. Appreciate if someone can share with me your point of view about Taman Putra Prima vs. Taman Tasik Prima in terms of appreciation value between this two area. Many thanks smile.gif
Apscen
post Oct 17 2010, 08:44 AM

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QUOTE(patmos @ Oct 17 2010, 02:55 AM)
Hi guys, has anyone come across the development at Taman Putra Prima by Plenitude Berhad? It's located slightly further up from Taman Tasik Prima, built on ex-plantation land and Freehold. The one I'm looking at is phase 8b the one near the new shop lot, you can see it just along the road heading to taman mas. Design is pretty modern and seems like selling very well too. Previously was looking at cascadia townhouse at Taman Tasik Prima, design not bad too. Appreciate if someone can share with me your point of view about Taman Putra Prima vs. Taman Tasik Prima in terms of appreciation value between this two area. Many thanks smile.gif
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Taman Putra Prima is Freehold but ex-mining land (if you mine), most salesman will deny it, but you can tell by looking at the googles, and it is a pretty flat land since it is filled up. it can link to Puchong Prima, where the bank and future LRT is located. considering the hot property blooming right now, both will also appreciates over time, i am considering this both also but i am now more to 16 sierra since the area is in hot development with puchong gateway, nearby jusco, giant, future tesco and future IOI resort city and nearby tmn equine where all the shop is ofcourse downside is it it more inside toward cyberjaya, but i think this is where all the future development will go, when puchong land is getting lesser in future. but have to pay under contruction interest, and no freebies, only free S&P legal fees, so still think think think........
TSpatmos
post Oct 17 2010, 12:21 PM

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QUOTE(Apscen @ Oct 17 2010, 08:44 AM)
Taman Putra Prima is Freehold but ex-mining land (if you mine), most salesman will deny it, but you can tell by looking at the googles, and it is a pretty flat land since it is filled up. it can link to Puchong Prima, where the bank and future LRT is located. considering the hot property blooming right now, both will also appreciates over time, i am considering this both also but i am now more to 16 sierra since the area is in hot development with puchong gateway, nearby jusco, giant, future tesco and future IOI resort city and nearby tmn equine where all the shop is ofcourse downside is it it more inside toward cyberjaya, but i think this is where all the future development will go, when puchong land is getting lesser in future. but have to pay under contruction interest, and no freebies, only free S&P legal fees, so still think think think........
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I heard about 16 Sierra as well, just that I feel it's kind of pricey for the location which is further up from Puchong, not to forget it's Leasehold? The garden theme is indeed attractive, but I guess it will take sometimes before we can see all the beautiful garden. That's one thing good about buying from a well known developer, because they will spend whatever effort to beautify the landscaping so that we will unconsciously focus more on the aesthetic expect rather than the distance and it's location. Price wise is pretty much on premium side as well.

As for Taman Putra Prima, the only let down i would say is the surrounding. The 2 storey house design is modern and beautiful, but I guess the developer should put more effort to beautify the area maybe put serious consideration on the landscaping part or a nice entrance statement, I don't think we are asking too much here as it will be a win win situation for both party as a consumer who pay premium for the product and developer able to attract more potential buyer quicker. One thing I've observed is that all well known project put a lot of attention towards landscaping like Setia Eco park, setia alam, kemuning utama as well as most development by sime Darby. All those property r selling like hot cakes and sold out within days.
MO1
post Oct 17 2010, 01:12 PM

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South Puchong (Putra Prima and Tasik Prima included) is becoming more desirable nowadays with the completion of SSP2-Nusaputra interchange (see map below - circled in red). Journey to Kuala Lumpur is a mere 15-20 minutes via the MEX highway. Furthermore, proximity to Cyberjaya is a plus point now as the place is expected to boom in the years to come. Happy property hunting!

user posted image

Read: Cyberjaya: Boom-in-waiting


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This post has been edited by MO1: Oct 17 2010, 02:26 PM
Apscen
post Oct 17 2010, 01:53 PM

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QUOTE(patmos @ Oct 17 2010, 12:21 PM)
I heard about 16 Sierra as well, just that I feel it's kind of pricey for the location which is further up from Puchong, not to forget it's Leasehold? The garden theme is indeed attractive, but I guess it will take sometimes before we can see all the beautiful garden. That's one thing good about buying from a well known developer, because they will spend whatever effort to beautify the landscaping so that we will unconsciously focus more on the aesthetic expect rather than the distance and it's location. Price wise is pretty much on premium side as well.

As for Taman Putra Prima, the only let down i would say is the surrounding. The 2 storey house design is modern and beautiful, but I guess the developer should put more effort to beautify the area maybe put serious consideration on the landscaping part or a nice entrance statement, I don't think we are asking too much here as it will be a win win situation for both party as a consumer who pay premium for the product and developer able to attract more potential buyer quicker. One thing I've observed is that all well known project put a lot of attention towards landscaping like Setia Eco park, setia alam, kemuning utama as well as most development by sime Darby. All those property r selling like hot cakes and sold out within days.
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ya, there is pros n cons for all this 3 area, tmn putra prima, taman tasik prima and 16 sierra, if you are more for own stay, i guess nothing better than your own instinct. i still remember 3 yrs back when i go see a show unit at tmn putra prima, 18 x 65 is selling something like 176k!! now a new launching is easily go above 400k with modern design, as i am saiding, it did appreciates over time, just go for the good. As an investor , i will consider which one will give me Max return in future.


TSpatmos
post Oct 18 2010, 12:01 AM

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Let's hope The Wharf will bring up the hype for this two area.
Apscen
post Oct 18 2010, 11:20 AM

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QUOTE(patmos @ Oct 18 2010, 12:01 AM)
Let's hope The Wharf will bring up the hype for this two area.
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yap, hopefully, so where are you going to get now? i am now more to 16 sierra or tmn tasik prima, 16 sierra have to come out lotsa money since nothing free except SPA, whereas TTP just the 5% dp, very attractive indeed.
TSpatmos
post Oct 18 2010, 04:51 PM

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QUOTE(Apscen @ Oct 18 2010, 11:20 AM)
yap, hopefully, so where are you going to get now? i am now more to 16 sierra or tmn tasik prima, 16 sierra have to come out lotsa money since nothing free except SPA, whereas TTP just the 5% dp, very attractive indeed.
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Yeah, that’s one of the downside buying from an established developer, alot of times they don’t give any earlybird discount, because they know it’s going to sell well even they don’t give any early bird discount. The plus point is that you get peace of mind when buying from an established developer. I was in Bandar Botanic sales gallery last week, just to register myself to received future new launches by Gamuda. They mentioned there will be a new phase launching somewhere end of the year, so I ask them normaly what sort of earlybird discount they offer, the sales person smile and told me not to expect so much for any earlybird discount because there will be none. Their previous phase of Bandar Botanic did not gave any discount and yet sold out within half day. So now I see the point why some developer don’t bother to give any discount at all. One of the banker also told me that sometimes, it’s also not a good sign when a developer offer too many discount, one of the reason might be the developer knows that it’s hard to sell so the only ways is to give discount, discount and discount.

For me I’m not sure yet, I heard 16 Sierra almost soldout and it’s out of my budget. So will most probably short-list Taman Putra Prima and Taman Tasik Prima. Will have to discuss with my partner see which she likes. So you totaly let go Taman Tasik Prima? or you have place a booking there? Heard there are launching Phase 3 Cascadia Townhouse.
Apscen
post Oct 18 2010, 09:04 PM

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QUOTE(patmos @ Oct 18 2010, 04:51 PM)
Yeah, that’s one of the downside buying from an established developer, alot of times they don’t give any earlybird discount, because they know it’s going to sell well even they don’t give any early bird discount. The plus point is that you get peace of mind when buying from an established developer. I was in Bandar Botanic sales gallery last week, just to register myself to received future new launches by Gamuda. They mentioned there will be a new phase launching somewhere end of the year, so I ask them normaly what sort of earlybird discount they offer, the sales person smile and told me not to expect so much for any earlybird discount because there will be none. Their previous phase of Bandar Botanic did not gave any discount and yet sold out within half day. So now I see the point why some developer don’t bother to give any discount at all. One of the banker also told me that sometimes, it’s also not a good sign when a developer offer too many discount, one of the reason might be the developer knows that it’s hard to sell so the only ways is to give discount, discount and discount.

For me I’m not sure yet, I heard 16 Sierra almost soldout and it’s out of my budget. So will most probably short-list Taman Putra Prima and Taman Tasik Prima. Will have to discuss with my partner see which she likes. So you totaly let go Taman Tasik Prima? or you have place a booking there? Heard there are launching Phase 3 Cascadia Townhouse.
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ya, i guess so, their attitude is like take it or leave it, if it doesnt sell well also, they still have the holding power. btw, 16 sierra is no way sold out, still lot units available, think atleast 60-70% of the total units, i have to let go it since don't want putting to much money on it.
sonerin
post Oct 18 2010, 09:27 PM

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Not worth to get leasehold house for sure. So it want to choose Tasik Prima to Putra Prima, will choose Putra Prima without have to consider.
Apscen
post Oct 18 2010, 10:19 PM

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QUOTE(sonerin @ Oct 18 2010, 09:27 PM)
Not worth to get leasehold house for sure. So it want to choose Tasik Prima to Putra Prima, will choose Putra Prima without have to consider.
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i am before a freehold supporter also, but when i found out lease hold house price is indeed appreciates like freehold, some higher even. So now , i am more concern about location and the future development of the area instead.
TSpatmos
post Oct 18 2010, 11:33 PM

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QUOTE(Apscen @ Oct 18 2010, 10:19 PM)
i am before a freehold supporter also, but when i found out lease hold house price is indeed appreciates like freehold, some higher even. So now , i am more concern about location and the future development of the area instead.
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Yes the price for leasehold is almost equal to freehold, because property sector is blooming drastically now it doesn't matter it's leasehold or freehold as long the house is in good shape it will appreciate. But of course if there is a choice between freehold n leasehold ofcoz will still go for freehold.
Apscen
post Oct 18 2010, 11:42 PM

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QUOTE(patmos @ Oct 18 2010, 11:33 PM)
Yes the price for leasehold is almost equal to freehold, because property sector is blooming drastically now it doesn't matter it's leasehold or freehold as long the house is in good shape it will appreciate. But of course if there is a choice between freehold n leasehold ofcoz will still go for freehold.
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nothing wrong with it, i am staying in a freehold land also tongue.gif
sonerin
post Oct 19 2010, 07:45 AM

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Leasehold property value will not grow like freehold when you see it long term. The value might even drop when the lease becomes shorter and shorter.
Apscen
post Oct 19 2010, 08:40 AM

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QUOTE(sonerin @ Oct 19 2010, 07:45 AM)
Leasehold property value will not grow like freehold when you see it long term. The value might even drop when the lease becomes shorter and shorter.
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u r right regard leasehold property when it come to shorter period, that's y some ppls buy it not for own stay like 10-20 yrs, but buy for investment.
guanteik
post Oct 19 2010, 01:49 PM

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I have checked with MP Sepang that the freehold lands belongs to Plenitude Berhad are ex oil plantation land. This includes the latest development for 8B. And this is the reason why it's freehold.

If you are asking me to buy a leasehold property at 600K, I would not consider as in the long run, it does not appreciate that much. And, when the lease expires, we do not know what will happen (at the moment we don't know).

I will purchase the Taman Putra Prima if I were you, though both property prices are almost the same. Mind you, there is only 2 units in 8B for type B (selling for 518K) and 13 units for type A.
House Buyer
post Oct 19 2010, 03:03 PM

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QUOTE(guanteik @ Oct 19 2010, 01:49 PM)
I have checked with MP Sepang that the freehold lands belongs to Plenitude Berhad are ex oil plantation land. This includes the latest development for 8B. And this is the reason why it's freehold.

If you are asking me to buy a leasehold property at 600K, I would not consider as in the long run, it does not appreciate that much. And, when the lease expires, we do not know what will happen (at the moment we don't know).

I will purchase the Taman Putra Prima if I were you, though both property prices are almost the same. Mind you, there is only 2 units in 8B for type B (selling for 518K) and 13 units for type A.
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I stayed in Taman Mas since 2004. During then, there was a big mining pond there (though I do not know where is phase 8B etc, but the mining pond is along the way towards Tmn Mas, on your left, using the main road, where there are new built houses still under construction now). The whole plot of land was ex-mining pond.

After the area was being reclaimed and left ideal for some years, the area became a favourite spot for avid remote control plane and helicopter group to fly their aviation gadget there.

After sometime, the area was cordoned-off. Then, after some time, new houses started to mushroom in that plot of land.

I really couldn't understand why the MP Sepang can provide you such an answer saying that it is an ex-oil palm plantation. Maybe the oil palm plantation was before I moved in to Tmn Mas.
guanteik
post Oct 19 2010, 03:27 PM

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I supposed Taman Mas is the housing after Plenitude's area. Correct me if I am wrong. From what I heard, those area near Taman Mas or on the south of Taman Putra Prima, are leasehold and are mining area. So you are right on the area on the left heading to Taman Mas are mining land. As I said I could be wrong on this because I am not too familiar with Puchong area.

If you are heading to Taman Putra Prima from the main road, 8B is just along the main road where you are seeing some development. If you see from the main road, you can see 8A currently. 8B is just beside and near to the main road.

MP Sepang provided me the answer on the land acquired by Plenitude Perhad to build houses such as 8B. These land are freehold and is the ex oil palm plantation, means solid land.
TSpatmos
post Oct 19 2010, 06:09 PM

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It's a very subjective matter, I mean Freehold or Leasehold. If you are buying Leasehold property for investment, there is a time frame for you to sell the house away in-order to gain profit otherwise, you will not lose money as well just that you don't profit that much as long the land tenure is not too near to expire date. As for Freehold, you can hold on to your land till kingdom comes. if it's too old you either renovate or demolished and rebuilt it. I always have the impression that buying a leasehold house is like borrowing money from bank and rent the house for 99 years tongue.gif ... No offend to leasehold buyer, it's just my way of interpreting between leasehold and freehold. Ofcoz nowadays many Leasehold houses are amazingly beautiful in terms of design which can easily over-shadow the Leasehold title, Cascadia is one of them smile.gif
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post Oct 19 2010, 11:11 PM

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QUOTE(patmos @ Oct 19 2010, 06:09 PM)
It's a very subjective matter, I mean Freehold or Leasehold. If you are buying Leasehold property for investment, there is a time frame for you to sell the house away in-order to gain profit otherwise, you will not lose money as well just that you don't profit that much as long the land tenure is not too near to expire date. As for Freehold, you can hold on to your land till kingdom comes. if it's too old you either renovate or demolished and rebuilt it. I always have the impression that buying a leasehold house is like borrowing money from bank and rent the house for 99 years tongue.gif ... No offend to leasehold buyer, it's just my way of interpreting between leasehold and freehold. Ofcoz nowadays many Leasehold houses are amazingly beautiful in terms of design which can easily over-shadow the Leasehold title, Cascadia is one of them smile.gif
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Afaik, freehold land is not necessarily safer in perpetuity than leasehold. If the govt wants it back, the owner has no choice but to surrender 'tho the owner gets some form of compensation.
With leasehold land, if the govt wants the land back, it merely witholds the renewal of the lease & no compensation!
But if the govt has no intentions or future purpose earmarked for the land of properties concerned, it usually renews their lease with a nominal fee.
Lending banks however, look at borrowers applying for loans on properties situated on leasehold land as added risk, esp. those nearer their renewal date & so impose some sort of lending restrictions which appears less favourable to freehold properties. Housing consumers & investors are also inevitably influenced by the view that the lenders hold.

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