I have direct info on this project. Here are some insights for you guys if you are considering this one:

OC is a freehold, residential title (NOT serviced apartment sitting on a commercial title) development anchored by Ikea, Mytown and MRT.

Their reason for their delay is not so much on the negative side of things (cash flow, revising pricing, etc).

Boustead is a cash-rich company (you can go through their profile on Bursa) and sees no rush in launching to meet target sales. No developer with cash flow issue will proceed to do piling and build first before they even check if they are launch ready.

They also don't see the need to rush launch their project before the others around that area because pricing was already determined early 2017 and they know for a fact OC will be a winner in terms of pricing once they launch (big indication here!). They only intend to revise the pricing for Phase 2.

The delay actually is due to the fact that they have not been involved with strata development for a good number of years already and they are tidying up some regulatory compliance requirement they did not include in their development planning - in other words, an unforeseen hiccup in their planned launch.

As of the point of this post, I understand that the price is around RM900psqf - below that point for the low levels and slowly going above that point after factoring in premium for higher levels. Based on my knowledge, they don't appear to want to revise it despite the fact that many consultants highlighted the fact that they are selling below what others are selling in that area.

If you ask me, I think its a good deal considering the fact that the price point is anchored by Ikea, MyTown, MRT and it is a freehold residential title.

either one. I would stay here myself really as a small family - but due to fact that I need to move my parents to stay with me, I had to relocate further out of town for a landed one.

yeah. for the fact that its residential title, best location in that area, convenience, potential mrt - that price point is a rather sweet deal (as compared to the other developments around that area). I don't know.. I purchased a few - but non-really feels like a must have like this one. hahahah

This post has been edited by issuess: Nov 27 2017, 03:43 PM