IOI Properties Bhd New Property for Sale in Puchong: Adenia @16 Sierra

30 January 2010 | Category: Property Investment

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Are you looking for new landed property for sale in Puchong? IOI Properties Bhd has launched another prestigious township development named “16 Sierra” by introducing its first phase, Adenia @Sierra 8 precinct to property buyers.

The Adenia double storey terrace houses have a lot size of 22’ x 75’ with gross built-up 2,257 sq. ft. The project is located at the southern part of Puchong and near Cyberjaya & Putrajaya. Some of the features:

  • 535 acres township development
  • 3,838 residential units for whole project
  • 16 themed gardens
  • Leasehold

Buy 16 Sierra Adenia for Own Stay or Investment?

Some say the selling prices of Adenia and Areca are expensive, about RM448K and RM468K, respectively. What’s your opinion? Is it worth to pay the premium price for 16 Sierra? I have visited IOI Galleria @ 16 Sierra this morning. Both Adenia and Areca are selling fast!

For Own Stay: It is good to see a green township featuring 16 distinctive gardens, at least, something different from ordinary gated houses. Although it was located a bit outskirt of Puchong, but I believe 16 Sierra is still a good choice for those who are looking forward to upgrade their family house, especially the existing residents from Kajang, Bangi, and Serdang. IOI Properties is one of the Top 10 Property Developer in Malaysia; therefore, I have no worries on their reputation.

For investment: The location is out of my choices. There are better locations in Puchong for landed houses based on the budget. Bear in mind, it is a 535 acres huge township development; years will be spent to fully complete the project. As we can see after the LDP toll, there are a lot of undeveloped empty lands everywhere. How many years will be needed to develop the areas there? Or should I ask how strong is your cash holding power to keep and wait for the ‘potential’ capital appreciation in future?


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8 Comments

What says you? Drop your opinion in the comment box.

  1. Rickyteoh
    on April 23rd, 2010
    1

    Houses should be built around RM 200k. Secondly for lease hold land the property should be cheaper.Developers must consider building for the average income people.
    1 Malaysia is for everybody affordability. 50% are average income earners , 20 percent are poor and 10 percent above average, .05 % very rich . The rest very very poor.
    The financial system is not very healthy for investors as any financial crisis will has a very serious effect on the property.
    There would be a glut in property especially in the commercial and high end properties. The second half of this year will have some signal as predicted.
    Researcher.

  2. Hawker010
    on June 24th, 2010
    2

    It’s too expensive for leasehold and even upper-income middle class.

  3. jackie
    on June 30th, 2010
    3

    Not worth at all !!!!

  4. SHIEK
    on July 17th, 2010
    4

    Price start from $468K for terrace!!! i can get it below RM300K at puchong utama, puchong prima, bukit puchong area. The price is too high for new developement. Some more the area is surrounded by road with toll..not worth it at all..somebody should be such a moron to buy this property…

  5. et
    on July 20th, 2010
    5

    property game is only for those higher income one. wat to do, this is the result of capitalism. i would say somebody should od something to control this potential’bubble’.

  6. ms bean
    on August 4th, 2010
    6

    although lease hold land the property should be cheaper..
    but all the houses are sold out in short time..
    see~many buyers dont care lease hold or free hold.

  7. springblossom
    on August 19th, 2010
    7

    we’ll see what happens to these high end investors when a property crisis comes along.
    i am happy to stick with my medium cost condos and house. at least 80% of the population can afford these properties

  8. qf
    on September 2nd, 2010
    8

    Nows a day buy a house for low/medium income people like luxury dream. I hope that somebody can control atlease developer to low down their profit to let who really to buy house to live instead of invest. Please be control people to invest on the landed house, it not rich people always rich and poor person always poor!!!!!!

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