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 16 Sierra by IOI properties

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spydermind
post Feb 7 2012, 01:20 PM

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Well, if you bought it at 400k+ 2 years ago...i gess, that's pretty decent and to a certain extend valuable.

Location is very subjective so, i wont comment on this.

There are a couple of things which i like about this 16 Sierra. Together with D'alpina, it is quite a big development. So this is a plus point if you are hoping for better price increase.

Secondly, the houses there are decent compare with the neighbour taman putra permai. This is more organized.

There are 2 connecting highways. Traveling to KL is not that far actually via MEX. Also depend on which part of KL though.
spydermind
post Feb 7 2012, 07:01 PM

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About the price increase over phases, yes, i agree that now it is kind of hard for that kind of steep appreciation. Firstly, the price there are not low or started low (2 years ago, 400k+ is also not that cheap), then the neighbouring township is quite developed (seri kembangan, Bukit Puchong, etc.

Well, in Seri Kembang area, there are a few project like Sunway Eastwood which is targeted mid to high end market.
spydermind
post Feb 11 2012, 06:50 PM

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Canal city and setia eco glades will not become DPC depends which aspect you are comparing.

DPC is a decent size development (of course much smaller than Canal city), but it ability to attract people from other area resulting good attraction and this impact adds up over time. WE do have smaller pocket of development which is very nice but perhaps lacking the size of DPC to create such attention.
spydermind
post Feb 13 2012, 06:58 PM

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Not really, Strata title is for easier implementation , especially enforcement on regulation. This is just from a legal perspective.

For many neighbourhood or project, people still consider them as True G&G even though with individual title....like JAde hill, Setia Eco PArk, Valencia, Sierramas, a few projects within DEsa Park city, Lake Edge, Tanamera, Kemuning (Damai), Aman Suria, etc.


spydermind
post Feb 13 2012, 11:09 PM

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nowadays, there are plenty of international school....so, seriously no big deal....There will be one in Bukit puchong too...

It doesnt mean it will be a good investment by just having international school......
spydermind
post Feb 16 2012, 12:41 AM

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James...our house price is very expensive and that is definitely not much to do with material cost....the material cost is only 25-30% of a typical house. The rest goes to margin, labour cost, land cost, etc.

nowadays, developer also using cheaper products so they are actually not too much impacted by material price.
spydermind
post Feb 22 2012, 12:10 AM

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Any issue with 80% non-bumi ?
spydermind
post Mar 12 2012, 12:04 AM

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Both Alam impian and 16 Sierra would have a different growth profile. From a commercial standpoint, I think 16 Sierra would be slightly more advantages. One of the reasons is due to the well established neighbourhood (and still growing) around puchong, seri kembangan (putra permai, equine park, etc) and cyberjaya.

Alam impian will be a rather big piece of development still less than 20% being developped. There is substantial growth opportunity but one of the things is about the town plan. If Alam impian town plan is to be well executed. IT will be a a good catchment of development for people from Klang, PJ, SJ, etc....
spydermind
post Apr 10 2012, 01:05 PM

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Like what you said...there are some people who will not buy leasehold property as a result of their own preference which is totally fine.

From a neutral perspective, being leasehold means it should be slightly cheaper...or in other words, if the development that you are looking at is a freehold, then it is normal that it is slightly more expensive ..10-15% for klang valley.....and the difference will be bigger for area which predominantly freehold.

Of course, this is apple to apple comparison....but in real life, you cant easily find 2 projects identically to each other in facade, density, material, etc but only different in the title. So, if there is a project that you like and unfortunately is leasehold, why not....it is upto individual.
spydermind
post Jan 2 2015, 04:50 PM

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Looks decent....was there 2-3 months back ....at least now taking shape
spydermind
post Jun 29 2015, 06:46 AM

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How is the sales status?
spydermind
post Jul 7 2015, 09:14 AM

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Just went over to the sales office over the weekend. like the concept though ..hopefully the workmanship is under controlled.

 

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