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 16 Sierra by IOI properties

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johnkc610
post May 13 2013, 10:38 AM

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hi all, I am going to place the booking today... it is expensive... but for own stay, I am looking for a spacious and comfortable environment for my family. Hope all turn out well.
Selectt
post May 13 2013, 10:48 AM

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QUOTE(johnkc610 @ May 13 2013, 10:38 AM)
hi all, I am going to place the booking today... it is expensive... but for own stay, I am looking for a spacious and comfortable environment for my family. Hope all turn out well.
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it sure will turn well. there are plenty units, all well built. if you are buying from subsale, people are ready to "potong" you. i have heard from owner that they are holding for 2 years with no buyer buying their unit. Update us with your purchase.
johnkc610
post May 13 2013, 11:12 AM

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developer still left not many units, as of last weekend. If I not mistaken, less than 10 units available. 22x75 - RM830k after discount 10k. 22x80 - RM870 after discount 10k.
I checked Sierra 8 too (subsales), not many intermediate left, as far as now, only left one. "Heard" the owner is not keen to release, and keep on jacking up the price from 650k until now 750k. So, some agents is not will to do the business too.
Selectt
post May 13 2013, 11:24 AM

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QUOTE(johnkc610 @ May 13 2013, 11:12 AM)
developer still left not many units, as of last weekend. If I not mistaken, less than 10 units available. 22x75 - RM830k after discount 10k. 22x80 - RM870 after discount 10k.
I checked Sierra 8 too (subsales), not many intermediate left, as far as now, only left one. "Heard" the owner is not keen to release, and keep on jacking up the price from 650k until now 750k. So, some agents is not will to do the business too.
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they are plenty of property coming soon. No need to worry, as long as u have money. I dont think sierra16 is in good location unless you are frequent travller to cyber or putra. Or u may have your own reason.
yunalesca
post Jul 1 2013, 09:02 PM

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Central Park

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yunalesca
post Jul 1 2013, 09:03 PM

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johnkc610
post Jul 1 2013, 09:53 PM

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QUOTE(Selectt @ May 13 2013, 11:24 AM)
they are plenty of property coming soon. No need to worry, as long as u have money. I dont think sierra16 is in good location unless you are frequent travller to cyber or putra. Or u may have your own reason.
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Not to argue, but this is what I see about this location.
not many good choices in term of new project for 2 sty terrace, GnG and ard 800k. The main reason this place attracted me, is its access. You can use SKVE-Plus, MEX, Serdang Lama, Punjak Jalil and LDP to KL; you can use LDP and Puncak Jalil to PJ and Puchong; you can use ELITE to Shah Alam, Subang, and PJ. SKIP is another new highway, which had approved, but the progressive status is unknown for now.You may find some project in Sg Long with the similar or close to spec and price, however, you only have one access Grand Saga Highway, if I not mistaken, you will need Grand Saga to connect to other highway like SILK, East-West link but i m not 100% sure.

The only disadvantage I see at this 16 Sierra is leasehold.
TSjamestan_85
post Aug 4 2013, 11:14 AM

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QUOTE(johnkc610 @ Jul 1 2013, 09:53 PM)
Not to argue, but this is what I see about this location.
not many good choices in term of new project for 2 sty terrace, GnG and ard 800k. The main reason this place attracted me, is its access. You can use SKVE-Plus, MEX, Serdang Lama, Punjak Jalil and LDP to KL; you can use LDP and Puncak Jalil to PJ and Puchong; you can use ELITE to Shah Alam, Subang, and PJ. SKIP is another new highway, which had approved, but the progressive status is unknown for now.You may find some project in Sg Long with the similar or close to spec and price, however, you only have one access Grand Saga Highway, if I not mistaken, you will need Grand Saga to connect to other highway like SILK, East-West link but i m not 100% sure.

The only disadvantage I see at this 16 Sierra is leasehold.
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I dont think leasehold is disadvantage since we won't know what will happen in 99 years and most of the freehold houses are only within the means of the high income earners. I cannot find any new launches which is freehold below 1mil.

my advise is buy within ur budget and what u think is worth ur hard earn money whether it is for goreng, investment, own stay bla bla bla. Don't listen to what people say....because when they earn money, they will not share it with you.....when the opportunity is gone... it is gone... I remember the link house was launch for 480k.. people were complaining the price not worth the money, location, no one wana stay, developer cannot sell, leasehold included, bla bla bla and not it is selling for 800k... and still complaining....

Personally, 16 sierra has huge potential.... once it is fully developed, the price u "think" is not worth today, would not be reachable for you in future
CMW123
post Aug 4 2013, 09:26 PM

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QUOTE(johnkc610 @ Jul 1 2013, 09:53 PM)
Not to argue, but this is what I see about this location.
not many good choices in term of new project for 2 sty terrace, GnG and ard 800k. The main reason this place attracted me, is its access. You can use SKVE-Plus, MEX, Serdang Lama, Punjak Jalil and LDP to KL; you can use LDP and Puncak Jalil to PJ and Puchong; you can use ELITE to Shah Alam, Subang, and PJ. SKIP is another new highway, which had approved, but the progressive status is unknown for now.You may find some project in Sg Long with the similar or close to spec and price, however, you only have one access Grand Saga Highway, if I not mistaken, you will need Grand Saga to connect to other highway like SILK, East-West link but i m not 100% sure.

The only disadvantage I see at this 16 Sierra is leasehold.
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16 Sierra is guarded but not gated, rite?

Any way can escape toll?
mentos512
post Aug 6 2013, 02:22 PM

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Lyden shd not hv black problem as it's not investor friendly
mentos512
post Aug 6 2013, 09:24 PM

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No dibs no freebies....no free mot...n much more expensive compare to adenia
TSjamestan_85
post Aug 7 2013, 06:41 PM

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QUOTE(mentos512 @ Aug 6 2013, 09:24 PM)
No dibs no freebies....no free mot...n much more expensive compare to adenia
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BBB cool.gif
johnkc610
post Aug 7 2013, 06:48 PM

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QUOTE(LCL01 @ Aug 7 2013, 06:44 PM)
who said higher down payment doesnt attract investor? lol
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LCL, have u bought one there, sierra 8 or Lyden?
johnkc610
post Aug 7 2013, 06:55 PM

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[quote=LCL01,Aug 7 2013, 06:50 PM]
[quote=johnkc610,Aug 7 2013, 06:48 PM]
LCL, have u bought one there, sierra 8 or Lyden?
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[/
No. i vested at other place. the place is good for own stay if i work in cyberjaya.
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[/quote]

LCL,, great... u answer ur own question.... that place is not good for investment But own stay.... u sounds like a brilliant investor, so I trust u..
johnkc610
post Aug 7 2013, 07:09 PM

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QUOTE(LCL01 @ Aug 7 2013, 07:01 PM)
u didnt get my point also. are u saying that all the buyers are those folks who working in cyber. the fact is, alot of cash cow investor betting their view in sierra 16, although they are not planning to stay there. fren of mine stays in sierra 8, he told me the main issue is the black, due to most of the owners are investors. i think is time for u to visit there one day.
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A project without investor, the price will not likely increase; project with investor, will have this renting market issue, But the price will increase. So the question is, u want to buy a property that the price will appreciate or not. Dun take it too complicated.
Ah jib
post Aug 7 2013, 07:09 PM

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QUOTE(johnkc610 @ May 13 2013, 11:12 AM)
developer still left not many units, as of last weekend. If I not mistaken, less than 10 units available. 22x75 - RM830k after discount 10k. 22x80 - RM870 after discount 10k.
I checked Sierra 8 too (subsales), not many intermediate left, as far as now, only left one. "Heard" the owner is not keen to release, and keep on jacking up the price from 650k until now 750k. So, some agents is not will to do the business too.
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With that price I rather go and get Harmony Park dengkil . SemiD gng freehold smile.gif
mentos512
post Aug 7 2013, 07:27 PM

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QUOTE(LCL01 @ Aug 7 2013, 06:44 PM)
who said higher down payment doesnt attract investor? lol
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I think u miss my point here.....i just say it's not investor friendly compare to those giving dibs n freebies......but I think 16S has got potential in long term.

For own stay, it's definitely ideal...as 16S is developed as a township n not those hit n run project.

This post has been edited by mentos512: Aug 7 2013, 07:29 PM
johnkc610
post Aug 7 2013, 07:50 PM

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QUOTE(johnkc610 @ Aug 7 2013, 07:09 PM)
A project without investor, the price will not likely increase; project with investor, will have this renting market issue, But the price will increase. So the question is, u want to buy a property that the price will appreciate or not. Dun take it too complicated.
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Haha.... LCL No gas ady.... anyway, u have ur point LCL...
matthewctj
post Aug 7 2013, 09:10 PM

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QUOTE(mentos512 @ Aug 7 2013, 07:27 PM)
I think u miss my point here.....i just say it's not investor friendly compare to those giving dibs n freebies......but I think 16S has got potential in long term.

For own stay, it's definitely ideal...as 16S is developed as a township n not those hit n run project.
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I think you meant not friendly to those who has minimal capital outlay but want to maximize total units. Big difference. If a property is sold at RM500k as an example, with 8% rebate, you need RM10k as down payment. If no rebate, you need RM50k. There will be no change in the value of the property. There will be small players, there will be big players. This applies to all developments.

10k or 50k, there are still investors who thinks it has potential to flip or to rent. If someone ONLY has RM50k, I can't tell whether it's a good idea to split the RM50k into 5 different RM500k properties with 8% rebate, which carries more risk or just use it for the 10% down payment. After all, there no guarantees right?
Neoh1979
post Aug 8 2013, 07:38 AM

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Ya better to grab the townhouse than the condo.
Mostly upper floor units

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