I happened to pass by the proposed site for SRJK© Tun Tan Siew Sin today and noticed some workers unloading construction materials. When I approached the supervisor (a local Chinese), I was surpriced to be told that they are the contractor's workers for the school project. It looks like the Chinese school construction is finaly going to kick off (fingers crossed).

I think SD has priced the Glades on the high side by leveraging on these 3 factors :
1. SRJK© Tun Tan Siew Sin
2. PH LRT
3. One City by WCT

Putra Heights certainly has its great potential in the next 2 years when the above 3 projects are completed at about the same time. Let's see.

Just back from the show room (went there to collect some brochures), all the 18 nos of Superlink released for this launch has already been sold.

Seems that SD allows buyers to book even before official launch this Saturday.

SD will only release the remaining superlink at the second launch. Well looks like the response is encouraging, and it is still a seller's market out there.

Indigo Phase 1 sold out, Phase 2 dunno.

The Condos are not going to be launched yet.

So hows the launch yesterday? Anybody?

I don't know why SD priced the Glades so high?

Townhouses from 1.2m upwards? Superlink from 2.2m ? for strata title? That's quite insane

You can get better bargain at USJ Heights, another devt by SD. 2.5 sty (26x80) superlink with with freehold individual title is only selling at 1.4-1.5 m at the secondary market. It is even nearer to Federal Highway, USJ Taipan & Subang Jaya and established schools.

USJ Heights is also G&G, the devt approval is for guarded but the proper perimeter brickwall fencing is done by SD even with a proper guardhouse, cctv and electrified wire, but no clubhouse and swimming pool, so maitenance fees also lower. Worth consider for those with lower budget.

Just my 2-cents worth.

One minor correction - "When you have millions in CASH to buy a house, maintenance isn't a factor".

How many The Glades buyers do not need bank's loan? And many of them stretch the loan tenure to 30yrs. Many ppl are paying loan installments through the nose every month in order to be in the "league".

You just need to be a member of an RA to know that even for supposedly high-end devt, collection and default of maintenance fees is a serious issue.

Another alternative would be USJ Heights' bungalows, gathered that USJ Heights' maintenance fee is lower cos it comes with individual title, and it is a guarded and "gated" community too, but minus all the clubhouse facilities. SD is launching USJ Heights bungalows ( only about 14 units)in July !!

I think USJ Heights is worth taking a look, it has enjoyed very impressive capital appreciation for their earlier phases.

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Added on June 30, 2011, 12:07 amI think those wishing to buy into PH should do it now because of the LRT, International School and most importantly SRJKC Tun Tan Siew Sin which is currently under construction and expected to be ready by 2013. The house prices at PH will even be much higher by then.



This post has been edited by tcl7727: Jun 30 2011, 12:07 AM

Kinda agree, it will have a few blocks of condos/apartments in the same development next time.

SD has another G&G which is exclusive I think, it is USJ Heights. Consists of all landed superlink, Zero lots, semi-Ds and of course bungalows.

USJ Heights is quite a distance from the industrial area. Anyway it is a high-tech park not a heavy industrial park with foundaries or car/lorry depots. Most of the companies there are from technology, telecom and e&e sectors; companies like Digi is having their offices there.

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Added on July 6, 2011, 4:53 pmFor The Glades, I think SD needs to build high end condos for the high rises next time in order to match the overall exclusivity and lifestyles of that community. Else the whole concept will be affected. But high-end condos are going to face stiff competition from existing link houses in PH.

This post has been edited by tcl7727: Jul 6 2011, 04:53 PM

Just went to their sales gallery this afternoon. For the first time a SD's sales person was so attentive to me ! Something must be very wrong, I was thinking. True enough, upon further enquiry, it appeared that sales at the Glades are not that good after all.

SD had only launched 3 out of maybe 7-8 phases so far. The 3 phases consist of Bungalows, Townhouses & 3-sty terraces. Overall Sales is only about 30-40% at best, and that's 2-3 months after official launch. Hardly can SD breakeven with such sales figures. This is a total turn-around of the supposedly rosy property market.

SD has even halted construction of the commercial units and clubhouses near the development's main entrance, which I have started noticing since few weeks ago !

Is this a sign that the market has finally accepted the reality, and SD's over-pricing of the Glades?

Opinion, anyone?

SD has to continue building the houses which is bound by the S&P with the purchasers. But try to notice the construction of the amenities and facilities near the entrance. It seems that work over there has somehow stopped.