Whether it will be a good project or not, ties strongly with the pricing. You know IOI is kind of hard headed and their pricing can often be pretty prohibiting.

Went to their sales gallery yesterday at The Cube, Bandar Puteri..the SA just show the concept soft copy of the brochure.
Price wise based on the built up area on average RM580 for bigger size, mid size at RM610 and lower range size around RM630.
What I pick-up based on brochure..5.8 acre landscape deck with 3 themed podium garden, and 14 no of sky lounges. They plan to open Block E with Petaling Jaya and Sunway view. And based on arrangement of site plan, all the units not going to be block by other building. I think the view should be nice as there are no other future development around this area.

Let see the current rate at surrounding development :

a. Le Yuan Residences - Happy Garden (FH) 670 Units at RM580psf
b. OUG Park Lane - OUG (FH) 1053 Units at RM490psf.
c. Benteng 8 - Old Klang Road 220 Units at RM730psf.
d. 9 Seputeh - Old KLang Road 824 units at RM800psf.
e. Pearl Suria - Old Klang Road 403 units at RM590psf.
f. Tiara Mutiara 2 - Old Klang Road 367 units at RM570psf.
g. Avantas Residences - Old Klang Road 198 units at 765psf.
h. The Petalz - Old Klanf]g Road 565 units at RM650psf.
i. Verve Suites - Old Klang Road 321 units at RM1,000psf.

And sub-sale at KM1 West Bukit Jalil is around RM690psf. with 350 units. With a similar range built-up area with Skyz i.e 1,335 to 1,508sf. do you think RM580 - RM630psf is a fair price rate ?. Ok let say we factor IOI Properties name, high ground, amenities and accessibility ...at 5% higher it should range from RM610psf.

Just my 2 cents.

This post has been edited by mes23: May 23 2014, 11:50 AM

But that's your prediction. May or may not be the same as IOI's pricing.

Agreed with you. Some time IOI price is very difficult to predict. OK let factor some "FREE" items into basic price calculation let said...IOI offer (a) Free SPA legal fees (b) Free interest during construction (not DIBS) maybe something like interest reimburse during construction © Free kitchen cabinet (as their project Parc Ville came with kitchen cabinet and air-cond)..and all this rate factor into SPA price, it should be around RM620 - RM650psf.

Maybe we need to check with them what package they are offering.

don't forget the LRT extension station 5 (currently dropped due to objection from resident)

Will the station No 5 still be constructed ?

I know the other stations (forgot the station no) in somewhere Puchong prima will still be constructed even if it will not be put into service.

portal piers was built, not sure the station.

This post has been edited by elmond: May 23 2014, 12:12 PM


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Station 5 should be around Kinrara near the Taman Perindustrian Kinrara and Bandar Kinrara 3 is it? I think Station 12 is still pending with the final location before reach Station 13 at Putra Height and link it with Kelana Jaya line near Persiaran Putra Indah.

The portal piers is there to support the LRT track switching from one side of the road to another side, or is there to support the LRT station ?

If you read the post above, the location of the portal piers do not quite match the located intended for station 05. The portal piers are opposite petronas gas station. Whereas the station 05 is at the shell gas station.

you're making me confuse, wouldn't the building inside my picture was sri teratai?
so the piers near to shell instead petronas.

Before Sri Teratai Apartment next to the factory before the Shell station and entrance road to Persiaran Puchong Jaya Selatan. If you drive further the similar structure also can been seen before Blossom Court.

at site yesterday.

confirm drop? very bad news for skyz. otherwise they could sell higher psf.

Looks like indeed dropped otherwise IOI's marketing material will mention it.

But if prasarana still constructs the station, then there is a chance it could be revived later.

Yeah...inside Skyz website, they never mention or indicate Station 5 on the location plan. If not is should be a great selling point to the Skyz.."Walking distance to Station Kinrara LRT Ampang Line". I think it just around 600 meter only.

Do you all think station 5 (near Skyz) & station 6 (near IOI mall) is too close to each other?
Building the LRT station to convenient the people or benefit the developer?

just imagine if station 5 not there, anyone need LRT go to station 6, LDP not jam?
station was study against population density and suitable location, of course future development too, in this case skyz have 1000 units

Don't under estimate the distance.

I just checked. From skyz to station 6, it's easily > 1km walking distance. Correct me if I am wrong.

Images taken from skyscrapercity.com thread
The missing station in between Kinrara BK5 and Bandar Puchong Jaya. There is a gap space at the station marking that may...may be used in the future.