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 16 Sierra by IOI properties

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Chris Chew
post Feb 7 2012, 10:47 AM

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QUOTE(jamestan_85 @ Feb 7 2012, 10:37 AM)
Hi Guys,

Just wan some opinion on what you all think about this development. According to some people, this land area is one of the highest in Serdang.

But the house price i think is about 600k.... quite expensive..
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It's a new and concept development down of the south part of Puchong. More nearer to serdang, dengkul and cyberjaya/putrajaya.

Agree that the development is quite nice but given that bad location, I rank it not even worth RM 600k to buy. It was as seclusive as Klang area.

Few of my friend bought at RM 400k plus and just move in less than 6 months. Now they trying to move out.




Chris Chew
post Feb 7 2012, 10:58 AM

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QUOTE(yoki @ Feb 7 2012, 10:54 AM)
IOI is selling their new launches at sky price
Especially the new lyden really not worth

It is not convenien there right now, some more isleasehold, will not be surprise pple actually moving out

I think driving in n out sure very headache especially to kl to work
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The price my friend bought 2 years ago were quite ok. Bcz they bought with discount price.

But, both of them work in OUG and Kuchai Lama. Dunno what road they use. Minimum 1 and half hour to reach work place.



Chris Chew
post Feb 7 2012, 11:17 AM

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QUOTE(yoki @ Feb 7 2012, 11:05 AM)
i think depends on where is your work place

if it drive to KL very inconvenient when peak hours, of course if work in Kajang, Puchong, or Cyberjaya, another story la

pros and cons, but i think most pple work in KL la, more opportunity
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Yupp, agree. Depends where you work and which place you feel home.

With that price, it is on par with Kemuning Indah and Damai Residences and Alam Impian by both I&P and NAZA TTDI.

I stay in USJ, and i always looking forward to those in USJ and it's surrounding but definitely not South Puchong till Cyberjaya/Putrajaya.

Anyway, most people work in KL, but more than 60% of people here work in KL/PJ/Damansara/ShahAlam which if travel from 16 Sierra, i doubt it is too far ...

But depends on individual ...

Added on February 7, 2012, 11:19 am
QUOTE(brother love @ Feb 7 2012, 11:12 AM)
I nearly bought one, but cannot get bank valuation for the price, even at RM635k...if u coming from Sunway have to pay double toll, RM1.60 x 2=RM3.20...design looks odd, quality, i saw many units car porch yellowish stains underneath, and the steel theyy used for the small balcony really low quality...saw black people moving in, and beware, those units behind the sales office, some just behind the TNB substation, many unaware as hidden by hoarding at the back..
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Hmm, i agree that RM 635k is hardly get any bank valuation too ...

But too bad is, black people is moving in ...

Nowadays, there are so many blackies ... wondering what happen to Malaysia ...





This post has been edited by Chris Chew: Feb 7 2012, 11:19 AM
Chris Chew
post Feb 7 2012, 03:21 PM

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QUOTE(brother love @ Feb 7 2012, 02:19 PM)
The question is how much higher the developer can continue to jack up the price until the majority interested buyers cant afford anymore and out of their reach?? Lyden is already crazily priced....how much higher can the prices go?? I think Kinrara 8 or 9 is pushing the max limits...

Added on February 7, 2012, 2:20 pmRemeber most of our salary remains the same...
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agreed.

It was due to, with that price, we can have quite a lot alternatives now.

Even current phase might be best buys, next phase would not gonna be cheap, if next phases all struggle to sell, the current phases would have hardly increase much further.

Depends on individual. I love landed, but seriously nvr consider 16S or lyden.
Chris Chew
post Feb 7 2012, 11:29 PM

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QUOTE(Dangerous @ Feb 7 2012, 11:09 PM)
Only cost me est. RM2XX per sqft for upper unit which is 2200sqft, but compare with condominium is consider cheap & good environment greenery. rclxms.gif

Added on February 7, 2012, 11:13 pm

Compare with condominium nowadays.

+Private clubhouse.
+Future Chinese international school.
+Near to Giant & Jusco, future ioi city mall, golf club at ioi Palm Resort.
+Access a lot highway to Damansara, KL via Mex through Bukit Jalil... icon_idea.gif
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Good quote and good buy if for townhouse is only RM 2XX per sq feet given the DSTH is cost >RM600k ...
Chris Chew
post Feb 15 2012, 10:32 PM

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QUOTE(jamestan_85 @ Feb 15 2012, 10:13 PM)
But we must also remember... cost of material is rising....and land is getting scarce...
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It's true also but after the cost of said material or logistic increased, the developer still sell above market price by 10-30%. Last year, most sell at above 5-15%, 6 months ago, all developer selling 20-30% above market value.


Chris Chew
post Feb 17 2012, 03:16 AM

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QUOTE(jamestan_85 @ Feb 16 2012, 05:16 PM)
Yes I agree.... but the main problem now is people are in BBB mode....the price will keep increasing until people stop buying.....and developers will take advantage of this.....everyone wants to make money.. hmm.gif

Added on February 16, 2012, 5:18 pm

Yes I agree.... but the main problem now is people are in BBB mode....the price will keep increasing until people stop buying.....and developers will take advantage of this.....everyone wants to make money.. hmm.gif
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Actually, the BBB mode is there but compare to last year, 20-30% dropped as at first quarter. ( According bank submissions and applications ) but perhaps due to CNY.

Expected not as good as 2011. And most people would not get their loan approval they wanted.

Highrise still receives great number of application. Most probably cheaper entry n freebies compare to landed.
Chris Chew
post Feb 20 2012, 12:48 AM

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QUOTE(darthvest @ Feb 19 2012, 11:35 PM)
Ya that's what i heard from frens saying that many loans were rejected. Wonder what are the reasons given for the rejections?
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It is a bad news to property buyers this season.

Sigh.


Chris Chew
post Feb 20 2012, 01:03 AM

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QUOTE(twincharger07 @ Feb 20 2012, 12:53 AM)
lyden going 780k for normal 22x75 DSL intermidiate, sierra 16 might b going slow this yr.. ioi had came out an innovative idea.. 30k booking, 15k rebate, remaining downpayment after VP.. they are trying to make as low cost entry as posible..
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Wow. Good idea.

But problem is after VP, lot of cash need to be ready for renovation.

However it is a good and great idea for lower entry first.
Chris Chew
post Feb 20 2012, 01:11 AM

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QUOTE(twincharger07 @ Feb 20 2012, 01:07 AM)
IOI sales staff once told me, IOI dont give discount one... so inorder to uphold their company's policy and wanna do low cost entry at the same time, they just differ the remaining dp after completion.. mati mati wanna earn from buyers..
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haha. They so LC?

Perhaps their company is quite a China man old style. Lol.

But this is a quite good idea anyway. Fresh in the market. If for me, I would opt to pay during middle stage of construction. Unless, cash are loads and ready, then pay while settling S&P.

Hope other developers have more offer and new fresh idea for easier entry.



Chris Chew
post Feb 27 2012, 12:23 AM

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QUOTE(dragon_lee @ Feb 26 2012, 10:30 PM)
given a choice, i will buy from developer smile.gif
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agree. But prob is left over units, the facing or view sure not that very good dy. And wonder it is more expensive than subsales.


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