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.

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.

haha..
But need to pay RM2.50 for Mex + RM1.60 for NPE = RM4.10X2 = RM8.20.
What to do Malaysia Boleh

In relative to Puchong properties, there are not many landed properties for sale and I am referring to new, not sub-sale (even if it is a new unit via sub-sale).

I work for a developer in Puchong. Our 2-Storey 22x75 is 2,350 sqft built-up, which is selling for RM688,000. That works out to RM292 per sqft. Ours is freehold. And I can tell you, that is consider cheap, that's why our take up rate is fast. On a personal note, I must say that our design is very old fashioned. I bought one during their initial launch at RM548k. Now agents are looking for me to sell at RM750k. I'd rather pay 30k extra even if it is leasehold. Don't think I'll live past 100 right?

16 Sierra 22x75 is 2,466 sqft selling for RM780,000, which works out to RM316 per sqft. Their 22x80 is 2,668 per sqft selling for RM830,000. That's RM311 per sqft. This is leasehold.

But trust me when I say the environment at our development do not give you the homely feel. Yet, our next phase which is yet another 22x75 will be selling past RM720k I am sure since current one is already RM688k. And when you look at the finishes that comes with our property, it falls short in many area in comparison to 16 Sierra. Sure, the savings from buying a cheaper home can be used to renovate to make it homely. But for me, a home is much the environment and township planning as much as it is the home itself. Our infra are provided via overhead services and 16 Sierra is all underground. That in itself is a big plus point for me.

Bandar Kinrara current launch for 22x75 is RM680,000, which works out to RM279 per sq ft. Good deal. Needless to say, I&P or Mah Sing developments in Kinrara are priced way higher than many others.

The take up rate at Lyden I am not too sure. The point is, most developers are riding on the wave of increase in property prices. A developer would not want to sell their property at RM500-600k when market is already way above that. It makes no sense.

Therefor, we end users are at the losing end for sure. Perhaps you can enlighten us on which other development there are within Puchong that you are comparing with? I too would like to know. If people are looking as an investor point of view, then Lyden may not be your cup of tea.

The bubble that everyone is hyping about for the past 1 year is still not bursting. I am not saying 16 Sierra will be like Desa Parkcity. I am merely saying that they try to emulate it by establishing a contained township, minus the high monthly maintenance fees which DSP owners are paying.

Well, then Lyden is great... What if ppl buy for investment and dont stay there?  Who pays?

When we were at 16 Sierra last year, the SA told us that the whole of 16 Sierra is gated with guard house but no guards.  Guess, after increasing the price of Lyden, they have to provide better value to customers by adding guards.

There was reserve land for government school & commercial land for international school which is in pink and beside Sierra 8!!! BTW as you pass by Sierra8 & towards ioi gallery on your left, you can see some construction is ongoing!!!

When you sign up to purchase, all purchasers are made to sign this document stating that you it is mandatory for every unit to pay a certain fee which is to be decided upon by the committee for the services of guards. With that document, it is a legal obligation that the owner or tenant pays his/her share. Let me see tonight if I can find out what is the title of the document. How much of course will be determined later when we determine which security services are engaged. Yes, if all owners decide against paying, then there will be no guards though I think that is quite unlikely. Even cheaper residential areas are doing so. I hope Lyden purchasers are not that stingy lol

I am paying over RM200+ and I heard it will go up further this year. I would say at Lyden, the rate probably would not be that high. Of course the convenience of not carrying a load of stuff up and down a condo is a factor as well.

Their earlier double storey house project which I recall sold for RM448,900, I called one of the agents up, they are asking for RM700k+ sub sale recently. And I noticed they already have guards now that residents have moved in. Not too sure whether the guards are from IOI or not. But I was told we can use their existing guard services or choose our own security firm. Can't remember if I heard it correctly or not.

As for appreciation, honestly, I really don't know. Even for myself who has been working for a developer for the past 9 years, I can't tell. Analyst keeps saying prices will go up a further 10-15% this year. But how sustainable that is, that remains to be seen. All I know is, our upcoming project would be in the region of under RM750k, and the built up isn't as large as Lyden's 22x75. The only plus point to ours is it's freehold and our price in comparison to other developers. That's why it sell.

That news just means bad news for end users like us who wants to buy landed properties without being too far from our ideal location.

---

Added on February 14, 2012, 9:25 am
I was told otherwise. Home alarm is stand alone. Not linked to guard house. It comes with guardhouse, but the guards are not provided free. The owners will have to pay for it, be it by using IOI services or by engaging our own security firm.

So the question still remains...... property going higher...or bubble?... i guess most probably the price will go up slightly....cuz bank negara would not let any property buble burst.... i think most of the time the effected areas during recession would be shah alam and those un strategic areas....wheere people do not have holding power....for eg.... 1997/1998 did damansara prices drop?? never.... the price maintains.... the only difference is it  didnt go up

---

Added on February 14, 2012, 9:30 am
Well, as for me I bought it not for investment but as a home. Overpriced? Yes when compared to 1-2 years back. If you ask me, all properties are overpriced now coz every developer is following the trend. If it's for investment, indeed, look elsewhere.

110% agreed.

FYI, rise in material pricing is not in tandem with rise in pricing of properties. Land is scarce. Those closer to KL are left with small pocket of lands. And no developer will develop link houses in those small pockets. Bungalows and Semi-D's profit margin is better.

Thus we are left with those getting further and further away. Sighhh ...

FYI, rise in material pricing is not in tandem with rise in pricing of properties. Land is scarce. Those closer to KL are left with small pocket of lands. And no developer will develop link houses in those small pockets. Bungalows and Semi-D's profit margin is better.

Thus we are left with those getting further and further away. Sighhh ...

Some ppl posted in the forums that some buyers moved in and now wanting to move out.  What is the problem?  Too quiet? No transport?  No phone line?  I passed by last week, only a few units are occupied.  I could see most units with back facing the highway, are empty.  Dont know about those inside.

went to jalan-jalan at Sierra 8 last Sunday looking for any desperate onwer wanted to let go his house.( heard a rumours that one house been lelong)

think around 20 house were occupied.

Better go Putrajaya 99% bumi oso can get cheaper house than 16 sierra some more freehold

Anyone considered the recently released bumi unit @ sierra 8?
i have checked with the sales gallery, the price is 670,800.
they offer:
- rebate 10k on down payment
- waived spa legal fees
other benefit i can think of is can get IOI to rectify any defects in the house, panel banks?

property agents price starts from 640k, and non-nego.

so in your opinion, which is a better deal?

Buy from developer more expensive but i think waive lawyer and stamp and valuation duty, buy subsale cheaper but have to pay alls the fees, in the end buy from both also around the same but bank only value Rm600-620k i dunno maybe some bank can get 650k?

seem like a very good investment in future

At more than RM700k, is this good for mid-long term investment? I am thinking of buying this or in Alam Impian for investment since landed properties will be harder to come buy in the future. Any thoughts?

16 sierra , LEASEHOLD wor....