Hi, I think Lagoon Perdana is a great place because there is no place is Sunway you can get cheaper place to stay. Southquay bungalow selling above  RM4 million is just opposite and another block of high class condo just opposite the road selling at RM850 K.  A property agent told me she sold 8 units to the same person. Also she received many enquiries from foreign investors such as Hong Kong and Singaporean. A banker told me she has done 6 bank loans in a month for sunway and there is no problems with Talam any more.  Those are stale news.  This condo has big build up 852 sf and 992 sfIts really value for money. If you don't buy now, you will regret because of its locality. They are tightening the security here. Must have access card to go in.
Even high class condos in Sri Hartamas  also got murder case. I think its all rivals.

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Added on February 28, 2011, 2:05 am
There isn't any auction unit for sunway lagoon perdana going for RM85 K.  I have been keeping a close watch for it.  This project launched 10 years ago sold  from RM120k  and more for 992 sf, while the smaller units around RM100 K.  Because it was abandoned for many years, the price never get to go up compare to other property around this area.  IJM finally help to complete  Blk 1, 3 and 8 . And it was blessing when you see the big buildup. I attended 2 auctions, 1 by citi banks and another standard chartered, the price starts from RM135k for 992 sf and RM125k for 852 sf. Never at RM85 K, not even bumi lots.