I was considering Dwiputra Residence in Precint 15. Price is also around 500-550 psf. Do you guys think that this one would be a better choice?

Dwiputra:
-nearby to Alamanda
-estimated completion 2015/2016

I think both of these property are more or less give similar attraction, but I still need to check the exact location of this development. I would like to know the road access, traffic conditions and whether I need to go through tolls to reach my office in Precint 8. But, the golf course is a HUGE attraction for me, personally.

I have emailed the SA to register my interest. He said that this project will most probably be launched in September this year.

As told by the SA, they have yet to fix the price for this project. But most probably will be around rm500-600 psf region. This puts the pricing of this development as similar to Dwiputra Residence in Presint 15, which is just 5 mins away.

Yes, Dwiputra got a total of 4 blocks. 2 blocks sold out, 3rd block currently for sale and 4th block still not open for sale yet.
I am also thinking the same, Dwiputra for own stay, Clio for investment.

This is true. Future owners of Clio will have to rely on the proximity of this project with the IOI City Mall as the main attraction to rent or sell. Will govt servant rent here? Don't they have plenty of quarters and cheaper property in putrajaya?

Based from the IOI Property Showcase, the SA told me that this project will launch somewhere between July-September. Price range is between 500k to 800k for 850sqft to 1300sqft. I thought that this will be a good buy. What do you guys think?

if you go and see the site, this condo will not be directly affected by the traffics to the mall. this is because it is located roughly 1km further from the mall. there will be a direct access from the highway to the ioi resort city, so yes, the traffic around puteri palma, marriot, palm garden hotel will be slightly affected.
However, there is a direct access road from the mall to the condo area but this is opposite from the highway access.

nope. he's referring to Dacin Construction. IOI JV partner for this project.

location, location, location is normally use for investment decisions. for own stay, anywhere is a good place to stay, according to their own needs.
i personally prefer this project because it is nearby to my workplace, my parents house as well as very near to the shopping mall. I am a cinema kaki, so this is a very good advantage as well.

Since I am planning to buy this project for own stay, I do not know whether it will be a wise decision for investment.

But, from my observation, let's say that I decided to stay in another place when this project is finally finished. I don't think that I will have trouble in selling this unit or renting it out. My points are:

1) By the time this project is completed, the shopping mall will already be in full swing. Seeing the current trends in property near shopping malls which I am familiar with, (Empire Subang, Setiawalk Puchong), this project is better located and the mall is really huge!! Biggest GSC cinema, bowling alleys, ice skating rink... and aside from the office towers, they are already planning the second phase of the mall. The total mall size will be 2.2 million sqft net lettable area. As a comparison, Mid Valley is 1.7 mil and Pavillion is 1.4 mil (Same size of the first phase of IOI City Mall).

2) This project is the newest residential project in that township. The existing Puteri Palma was already sold out (except for their penthouse) and currently fetching a good rental rate at rm2k - rm3k. The buyer of this project will have the advantage of first mover in this township. Provided that all things stay the same and the property bubble doesn't burst, the developer will almost always increase the selling price of the next phase development in that township. So, I can say that these first mover will have the cost advantage of their units.

3) Traffic wise, I don't think it would become a major problem even if the mall is in full swing. The reason being, IOI will be planning their traffic route in this township very carefully. I say this because this area is their HQ, and Tan Sri also lives there, in the Diamond Hill.

This is my current analysis for choosing this project for my own stay. Investment wise, I really don't know how it will be in the future, but currently the signs are good. But of course, further analysis is needed.

Just my 2 cents

Honestly, I have no idea who are the target tenants. Since I am buying this for my own stay, I did not consider that factor in my decision.
I also don't think this property will attract a lot of tenant now. But once this township is mature, say maybe 5-10 years from now, that will be different situation altogether.

Based on the SA explaination, each unit comes with 2 car park.

Yes, they are building it as we speak. But it is not a pedestrian bridge, since the walking distance is quite far. I think the mall is 1-2km from this condo.
From IOI City Mall, there is a flyover across the Putrajaya main road connecting to this condo. This flyover will be completed by the time the mall is open, or even sooner.

indicative price is at around rm600 psf. have to wait till launching to get the exact pricing.

Finally, they are gonna launch this project next week, on 2nd August.
VIP Bookings for those who bought the vouchers will be on 31st July.

Price starts from 550k upwards, roughly rm600 psf.

I beg to differ. 2 storey terrace house in putrajaya can get around rm600k for 2000sqft size. That's roughly rm300 psf. Is that considered expensive?

Well, it all depends on you. For me, this condo is BBB coz I wanna stay there.

For the time being, I can only afford this property. Next purchase may have to wait until I have more disposable income.

It's located in IOI Resort Putrajaya, the office block is next to the Marriott Hotel

The postponed the launch towards mid or end August, due to the Raya holidays this week. Many buyers complained that they cannot make it for the 31st July booking event..