It is the surrounding neighbourhood. It is best that you have a look. I can understand Metrogen is developing properties that caters towards higher income earners through Bandar Nusaputra since 2003 and now followed by developer such as LBS Bina on D' Island. Before this, the venue is used to be a development for low income earners. haiyo....

FYI, I was once a proud owner of Bandar Nusaputra property too, unit type Rhu along Jalan Nusaputra 1/1D since 2005 till 2011. I was only trying to stress out that properties like X2 is seriously overpriced as there is very little amenities in the neighbourhood after so many years since they have first stepped in.

There is no banks, extremely limited food joints with limited choices and many run down shops. They even open up a large 2nd hand furniture shops. Ever wonder why does a 2nd furniture business doing in a so called medium to high end income group residential area?

According to SA, it's 11cents per/sq.ft.

If you ask me, i think this is totally a steal for its package.

First, the entry level is low. Pay only 3k and you get your house, with interest beared by Developer during the 3-year construction, and you only start paying installment after getting the key.

Second, it has 10% off for all buyers, including non-bumi. 7% direct off, and 3% off if you sign SPA in 21 days. For 660k house, you literally buy the house for 590+k.

It is not quite fair to compare its price to a normal condo. It is a 2400+ sqft condo, the same or larger than a DBL house, and at the same time cheaper than a DBL house. Yes, a leasehold is its con, but free hold dont come along easily these days. It is the first spacious condo w/ facilities concept in Puchong outskirt as of i know.

As compared to investing in a normal house, you don't get 10% off, you will need to fork out 10% cash (> 50k these days), you don't pay anything literally until you get the key and getting ready to stay or resell. So, it is a steal if you ask me.

Future Development:
- MRT station (proposed location near to Taman Tekali)
- KFC / Pizza Hut
- Wharf
- School
- TPP new phases start moving in
- Millenium Township nearby (including a Hilton business hotel)

Maintenance:
- RM290 for 2400sqft, facilities: Skydeck swimming pool, ground swimming pool x 2 (one = olympic size), a mini theather, function rooms, a gym room, a game room, outdoor reading area, bbq deck x 2. that's all i can recall.
- The fees is reasonable because : For Bandar Puteri Hijauan apartment, for RM280 maintenance, you only get a swimming pool and a gym room.


Plus all researches tells that Malaysia properties in overall will rise another 30% in 3 years time. With such a low entry, it is hard not to snap a unit as such.

Cons - like many highlighted, i agreed:
- Access road to it needs improvement.
- Surrounding development could use some help.


But hey, I am a TPP resident myself, I saw a huge lot of development around since i move in in 2007, who could have expected that. A lot of potential in this area if you ask me, it still has lands, and a lot of residents flooding-in in the coming 2 years (in new completed taman phases).

Nusanputra a low-income area - well, maybe yes, because it kinda give you a gettho feel there, but with access to MEX, it will develop. Its new 3 storey bangalow (with a swimming pool on top) to be launched to start at 1.5M. Plus, X2 IS NOT in Nusanputra putra area, it is in TPP areas, majority are chinese here, it is a very nice environment for homestay purpose, quiet and peaceful with little or no break in cases. Do you know my neighbours drive CRV, vios, BMW, Benz, do i think they have low income? hell no.

2400 sqft at 600k, overpriced? Now maybe, but you wouldn't say that in 3 years time Also, never underestimate the development potential in any area, especially in Klang Valley. You would have the very same doubt on Kota Kemuning, Klang, Sungai Chua, Kota Damansara back then, but look at what they are today.

Yes I agree. This condo is not overpriced. The only problem is the road only. Perhaps, the buyers can persuade the developers (Plenitude and Metrogen) to landscape the area and road.

Btw, just to add, it was launched on Friday, this morning (Sunday morning), i dropped by show unit after my breakfast, and found that 90+ units were sold in less than 2 days, and still going strong. A very crowded show unit and sales office, it is safe to conclude that it is selling like hot cakes, would be interesting to see how the sales figure turn out in coming weeks.

any developer that offers min. booking deposit with huge discount for 1/2mil property need to be mindful.

I mean, if you can afford 1/2mil property, what would you expect to pay only 3k to secure the property?

it doesn't make cow sense.

Mapex booth no ppl...

Hi,
Anyone knows whether X2 will share the access road with TPP? Heard it is already quite pack in the morning.

Fair point, a very valid concern.

However. let's look at the facts:

1. Who is the developer? Metrogen, who is Metrogen? A new subsidiary of Samik Corp Sdn Bhd, a very reputable developer who never get bridging loan from banks. The same developer who also build and deliver projects like the high-end Palm Groove and Nusanputra Township, they tend to build high-end stuff in secluded areas. Look it up in LYN and myrealestate forum for the developer profile.

2. So only 3k? What is the difference here?
- Bumi buyers commonly gets 7% off, but here, 1malaysia everyone applies.
- The Dev bears the interests during construction. Not a new thing to do, tonnes of developer did that. They provided SPA as well.
- What is the extra? Yes, the Dev bears the rest of the 3% that you need to pay.

3. The land: Master title under Samik Corp, under Dengkil Mukim (can be verified with MPS). They spent over 100 millions to purchase the 8-acres land, and they will launch another block B sales in future. They initially target to build landed, but switch to high rise for higher profit. It is very, very unlikely they will give up on this goose that lays golden eggs, plus their reputation on delivery.

4. This promotion is for Block A + Early bird only, kinda a test-market phase. The sales claimed the managment will end it anytime - either once they achieve 70% sales of block A or once a good reception is established. But that is what the sales said, you know them. Block B is currently closed and reserved, expect to sell for higher price.

And still too easy to buy? Well, you still need to be qualified for loan approval. If rejected, you still get 3k back. So on your end, you still need to be eligible for loan, that is a barrier.

So why this 3k scheme? Marketing gimmicks, they jackup the price by 110%, and give you 10% discount, they still cover it back. This is ideal for investors and buyers with lower capabilities, it is easier to sell.


So yeah it makes no cow sense, but it makes complete `smart human` sense. I only see a very smart but common marketing trick , and judging by the response, it clearly works. We shall see how it goes.


* Note: I am not one of the owners, nor a sales that endorse this. i just happen to be a concerned neighborhood resident who asked a lot of question in their sales office, and hoping to share it here or you can just call me kepo. I am tied and hogged by the LTV70%.

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Added on July 3, 2011, 6:52 pmHi CanonG10,

Yes unfortunately, they said they will share with us on the same access road. The main concern is on the main road junction, i am expecting a new traffic lights once things get hectic.

This post has been edited by flipacoin2k: Jul 3 2011, 06:52 PM

Hi flipacoin2k,
Thanks for the access road info. Apart from the madness at the main road junction, hopefully less car will be parked at the road side based on the 3 car park package. However, with the Condo there, can TPP still maintain its nice and peaceful neighborhood?

visited showroom just now.something i dont like 1)is the location its like a abandoned airfield suddenly a condo pop out so awkward developer should build landed property instead,2)the layout living is in the middle surounded by 2 rooms on the left 2 rooms on the right..designs usually divide houses into wings with rooms there to en
sure privacy and noice damping,3)although the price is very reasonable compare to condos in puchong but the down factor is it is managed by majlis perbandaran sepang means it is at sepang4)no basement carpark5)building design really not to my taste after 3 years of construction this design will not be trendy anymore except for the swimmingpool area and the rooftop.
Overall the wow factor is the price kind of cheap:)for investment sure buy but profit margin still not that much maybe to let.

Flipacoin, I glad that you are upbeat about this project.

I just don't like the marketing plot deployed by Metrogen with massive discount, low deposit and etc. somemore DIBS. Not forgetting also, this condo project sell at extremely low entry price too...at slightly over 200psf....yes I know, we shouldn't be complaining about developers selling cheap....but if Nilai condo is selling way higher than this, and Ciber condos are twice as expensive, I am worried for you...

If a project is REAL good on paper, you dun need to hard sell......

Just like Sunway Vivaldi. Super size condo in MK, 3 years lioa...still got many unsold units, despite all these "cash back" promotion and etc. Sunway even managed to get award for this project recently. Really no eye see.

This post has been edited by BEANCOUNTER: Jul 4 2011, 08:38 AM

Car park is tandem. Not side by side ya.

Paid a visit yesterday.


The gallery was crowded wif quite many family buyers signing up.



Apart from the access road, there is nothing much to complaint for that price. At the RM240 psf and a whopping 2415 sf, pay 3k and nothing until VP really value for money.


Wondering how will the sub-sale perform after VP.

Now, after 10% disc, 2415 sf x 240 psf = RM 580K.

Assume make 20% after VP 3 years later, sub-sale RM 700K possible?



Hmm.....Quite tempting.

This post has been edited by macho dog: Jul 4 2011, 09:47 AM

Please buy kinrara bk5 better if want to goreng?

Hi bro,

yes, a valid point. Like you i am as curious at how this will turn out to be, lucky thing i am staying nearby so i can always update and share.

i think subscale wise rm220psf is fair for this area, it just doesn't hold the value of other areas. Like Sunway Vivaldi, i think pricing it at minimum 2.4Millions is way beyond what most of public can reach. the question remained that whether this area will remain to be an overlooked area of puchong in the next 3 years, this we will see.

btw - any confirmed buyer here ? will be curious to hear a word from you.

let me share my story
I may sound ridiculous, but this is true
last Sunday wanted to go watch Xmen in IOI, but ended up buying X2.. haha
went there early to buy last minute tickets, the queue was so long even b4 the cinema open,
so after lunch went back home, otw home went to showhouse to kepo, then.......ended up booking 4 an unit 2094sqft.
me and my wife was thinking to move there after v.p. and sell our taman putra prima 4b. for us this condo is like d/storey + clubhouse facility
At the end, after 3 years we still can decide which we want and selling the other one..

Hi netronX,
Congrats!! Thanks for sharing. What really trigger you to place the order?
Do you know how many unit left/sold?

went there today to have a look, ask my friend on their opinion who is staying nearby and work nearby, the only thing they commented is that they don't like the leasehold thing, anyone can comment what are the cons of leasehold in this case?