Terra @ Precint 11, Putrajaya

Project name:           Terra
Area:                        Precint 11, Putrajaya
Developer:               Putrajaya Homes Sdn Bhd
Type:                        2 Storey Terrace House
Tenure:                     Freehold

Price range:              from RM606,888 to RM811,356 
Size range:               from 2,337 to 2,519 ft2

Price/ft2 range:        from approx. RM260 to 322/ft2
Total Units:              45 units
*Above info @ Oct 2011 
 

You can get more info from following website:

http://i-putra.com/putrajayahomes
http://www.iproperty.com.my/developments/developmentreview.aspx?pid=2239

The developer: 

Putrajaya Homes Sdn Bhd  is part of Putrajaya Holdings http://www.pjh.com.my/ (approx. 15 years in business) which is the Master Developer of Putrajaya.

Location:

Putrajaya is next to Cyberjaya and it is far away from KLCC, about 25km from KLCC and 20km from KLIA.

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Price:

Compare with other developments in Putrajaya:

• SummerGlades ~ price from approx. RM258/ft2 (price info @ July 2010) ~ Terra @ Precint 11 is approx. 1% higher

Compare with other Condo developments in Cyberjaya: 

• Serin Residency ~ price from approx. RM308/ft2 (price info @ Dec 2010) ~ Terra @ Precint 11 is approx. 16% lower
• The Arc ~ price from approx. RM383/ft2 (price info @ April 2011) ~ Terra @ Precint 11 is approx. 32% lower
• Pan'gaea Phase 1 ~ price from approx. RM420/ft2 (price info @ June 2011) ~ Terra @ Precint 11 is approx.38% lower  [Read My Previous Blog]
• Gardenview Residence ~ price from approx. RM451/ft2 (price info @ June 2011) ~ Terra @ Precint 11 is approx. 42% lower  [Read My Previous Blog]

Nearby Condo developments which are nearer to KLCC:

• Gardenz @ One South @ Seri Kembangan~ price from approx. RM373/ft2 (price info @ July 2011) ~ Terra @ Precint 11 is approx. 30% lower  [Read My Previous Blog]
• Calisa M @ Puchong ~ price from approx. RM286/ft2 (price info @ Aug 2011) ~ Terra @ Precint 11 is approx. 9% lower  [Read My Previous Blog]

Also compare with Condo developments located in prime location which are nearer to KLCC:

• Neo Damansara @ Damansara Perdana, PJ ~ price from approx. RM537/ft2 (price info @ Aug 2011) ~ Terra @ Precint 11 is approx. 52%lower  [Read My Previous Blog]
• Boulevard Residence Damansara @ PJ~ price from approx. RM472/ft2 (price info @ April 2011) ~ Terra @ Precint 11 is approx. 45% lower [Read My Previous Blog]
• 8 Petaling @ Sri Petaling ~ price from approx. RM346/ft2 (price info @ Aug 2011) ~ Terra @ Precint 11 is approx. 25%lower [Read My Previous Blog]

My View:
The price/ft2 is about the same as SummerGlades in Putrajaya.

If you compare to Condo developments in Cyberjaya, the price/ft2 is approx. 16% to 42% lower. Any different between Cyberjaya and Putrajaya? Extra 16% to 42%  just for condo facilities?

If you look at the comparison shown above. The price/ft2 in Seri Kembangan, Puchong, PJ and Sri Petaling seems about the same as Cyberjaya but these locations are closer to KLCC. Also the price/ft2 is higher compare to  Terra @ Precint 11

Based on 90% loan for RM606,888, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM2,671. If you are planning to buy & rent for investment, you need to take these into consideration: Will ppl willing to pay more than RM2,671 per month to rent a place in Putrajaya?

Don't forget the approx. monthly repayment of RM2,671 excludes following items:

a) Maintenance fees (if applicable)

b) Assessment tax

c) Quit rent

d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)

Buy & rent market, this might not be a good investment opportunity.  

For own stay and location is not an issue, the price/ft2 is consider reasonable.

Although the price/ft2 is consider reasonable, I still believe the property prices in Klang Valley are too high at the moment and should collapse soon (maybe after 2012 election). Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.

Other developments with similar RM/ft2:

• Sutera Residences @ Kajang by Modal Ehsan Sdn Bhd
• 228 Selayang Condo (Aveda 228) by Mahumas Sdn Bhd

Summary of KLSE Shares Posted by AWong Investment

(updated 25 March 2012)

		Posted on		Price after Posted by
		AWong Investment		AWong Investment
Code	Share	Date	Price	Highest	%	Lowest	%	Current	%
0143	KEYASIC	18-Feb-12	0.130	0.160	23%	0.125	-4%	0.135	4%
7022	GTRONIC	08-Dec-11	0.840	1.130	35%	0.800	-5%	1.090	30%
9679	WCT	25-Sep-11	2.000	2.780	39%	1.850	-8%	2.580	29%
3786	MAS	19-Sep-11	1.410	1.740	23%	1.230	-13%	1.360	-4%
6742	YTLPOWR	16-Sep-11	1.790	1.930	8%	1.630	-9%	1.820	2%
0010	IRIS	14-Sep-11	0.145	0.205	41%	0.130	-10%	0.185	28%
2739	HUAAN	09-Sep-11	0.235	0.295	26%	0.185	-21%	0.240	2%
6807	PUNCAK	05-Sep-11	0.950	1.890	99%	0.950	0%	1.430	51%
5031	TIMECOM	29-Aug-11	0.530	0.775	46%	0.415	-22%	0.730	38%

                                                                By AWong Investment

Why Invest?? That's How Billionaires Made Their Fortune

Why invest? This is a way to fight against inflation, get your wish list i.e. bungalow, luxury car, holidays etc. and have a better life.

You might say I don't want to be Billionaire and just want a normal life. But how do you fight against inflation?

Ten years ago or more, you might able to get a fried noodle for RM2.50. Nowadays hardly you can get that, maybe it will cost you around RM5.00 now. That's 100% increased or approx. 10% increased per annum.

Does your salary increased 10% every year? Yes? You must be a lucky one! :)

So how do you fight against inflation? Put in the bank to get approx. 3% per annum for FD a/c; stay further away from the city centre; cut expenses; increased your debt with higher mortgage, personal loan, car loan etc.; move oversea to get higher pay and better life??

To me, one of the way to fight against inflation is through Investment unless you are the lucky one as mentioned above or you have rich parents.

Latest news from Forbes shows the "Top 10 Industries Producing U.S. Billionaires" and "Global Top 10 Industries Producing Forbes Billionaires" as follows:

Top 10 Industries Producing U.S. Billionaires

1. Investments: 100
2. Technology: 51
3. Media: 37
4. Energy: 35
5. Food and Beverage: 31
6. Service: 31
7. Fashion and Retail: 28
8. Real Estate: 27
9. Manufacturing: 18
10. Sports: 15

Global Top 10 Industries Producing Forbes Billionaires

1. Investments: 143
2. Fashion & Retail: 123
3. Real Estate: 102
4. Diversified: 97
5. Technology: 90
6. Manufacturing: 85
7. Energy: 78
8. Finance: 77
9. Food & Beverage: 69
10. Media: 64

[Read more from Forbes]

Now you can see why we shall invest?

Good luck with your investment!! ^_*

Related posts:

• Saver or Investor??



St. John Woods Residence @ Persiaran Raja Chulan, KL

Project name: 
St. John Woods Residence
Area:                       
Persiaran Raja Chulan (Buki Ceylon), KL
Developer:               
Affinity Heights Sdn Bhd 

Type:                      
Condo
Tenure:                   
Leasehold 

Price range:             
from RM2,829,000 
Size range:              
from 3,660 to 8,848 ft2

Price/ft2 range:        
from approx. RM773/ft2

Total Units:              

48 units

Maintenance Fees:              

approx. RM0.45/ft2

*Above info @ Oct 2011 

 

You can get more info from following website:
www.stjohnwoods.com

http://www.iproperty.com.my/developments/developmentreview.aspx?pid=2234

The developer: 
AM-EL Group established in 1982 (approx. 30 yrs in business) http://am-elgroup.com/

Previous developments include Merdeka Square, Setapak Ria Condominium and Merc Residence Condominium. 

Location:

The condo is located in the Kuala Lumpur’s Golden Triangle. Close by to the KL Tower, KL Twin Towers, and Jalan Bukit Bintang.



Price:
Compare with other Condo developments close by:

• M Sentral @ Jalan Tun Razak/Pahang by Mah Sing Group ~ price from approx. RM700/ft2 (price info @ Aug 2011) ~ St. John Woods Residence is approx. 10% higher
• Cendana @ Jalan Sultain Ismail by Tan & Tan Developments ~ price from approx. RM766/ft2 (price info @ June 2011) ~ St. John Woods Residence is approx. 1% higher  
• Laman Ceylon @ Jalan Ceylon ~ price from approx. RM1,125/ft2 (price info @ Sept 2011) ~ St. John Woods Residence is approx. 31% lower  [Read My Previous Blog]
• Setia Sky Residences @ Jalan Tun Razak by SP Setia ~ price from approx. RM1,151/ft2 (price info @ Feb 2011) ~ St. John Woods Residence is approx. 33% lower  [Read My Previous Blog]
• Ampersand @ Kia Peng by IJM Land ~ price from approx. RM1,244/ft2 (price info @ July 2011) ~ St. John Woods Residence is approx. 38% lower  [Read My Previous Blog]

Also compare with developments located in prime location which are not far away from KLCC:

• Sé terra, PJ ~ price from approx. RM573/ft2 (price info @ Oct 2011) ~ St. John Woods Residence is approx. 35% higher [Read My Previous Blog]
• Neo Damansara @ Damansara Perdana, PJ ~ price from approx. RM537/ft2 (price info @ Aug 2011) ~ St. John Woods Residence is approx. 44% higher [Read My Previous Blog]
• Boulevard Residence Damansara @ PJ~ price from approx. RM472/ft2 (price info @ April 2011) ~ St. John Woods Residence is approx. 64% higher [Read My Previous Blog]
• 8 Petaling @ Sri Petaling ~ price from approx. RM346/ft2 (price info @ Aug 2011) ~ St. John Woods Residence is approx. 123% higher [Read My Previous Blog]

My View:

The price/ft2 is approx. 31%, 33% and 38% lower than Laman Ceylon, Setia Sky Residences and Ampersand @ Kia Peng, respectively. Compare with  M Sentral and Cendana, the price/ft2 is about the same. 

Is it worth to pay more  than 30% for Setia Sky Residences and Ampersand @ Kia Peng which develop by famous developers in M'sia??

Total units comparison:

• St. John Woods Residence ~ 48 units
• Ampersand @ Kia Peng ~ 71 units
• Cendana ~ 152 units
• Laman Ceylon ~ 230 units
• Setia Sky Residences ~ 938 units
• M Sentral ~ 1,000 units

The density is low.

If you compare it with developments within prime location like PJ & Sri Petaling, the price/ft2 is much lower there, at least 35% lower, as shown above.

Based on 90% loan for RM2,829,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM12,450. If you are planning to buy & rent for investment, you need to take these into consideration: Will ppl willing to pay more than RM12,450 per month to rent a place in KLCC?

Don't forget the approx. monthly repayment of RM12,450 excludes following items:

a) Maintenance fees (approx. RM1,647/month)

b) Assessment tax

c) Quit rent

d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)

Buy & rent market, this is not a really good investment opportunity.

For own stay, with a starting price from RM2,829,000, you might need to consider ~ do you really want to stay in a place sharing facilities with other ppl? someone stay next door (sharing external walls), someone stay above (sharing roof) or someone stay below (sharing floor)?

However, for condo located within KLCC, the cost can range from RM650/ft2 up to RM1200/ft2, therefore the price RM773/ft2 for St. John Woods Residence is consider reasonable to me for long term investment.

To me, out there always have rich ppl who willing to pay higher price for properties within KLCC area, like Binjai which cost up to RM3,000/ft2.

If you want a bigger home for own stay & location is not an issue, you might consider other options, check out my previous blogs:

• Sutera Residences @ Kajang ~ Semi-Detached House ~ size from 2,870ft2 ~ price from approx. RM296/ft2 [Read My Previous Blog]
• Cubist ~ Bangalow @ Twin Palms Kemensah, Ulu Klang ~ Bungalow ~ size from 4,770ft2 ~ price from approx. RM535/ft2 [Read My Previous Blog]

YTLPOWR (6742) ~ Back to Similar Price

I have posted this share, YTLPOWR (6742), since 16 Sept 2011 when the price was at 1.79 [Click here for my previous post]

In about one month plus, it reached 1.93 ~ that's 8% increased ^_*




If you bought it at the lowest (1.63) after posted here and sold at 1.93 ~ that's 18% increased in one month plus. Nice! :)

For your information, the price is now back to the same price where it was posted last time - currently at 1.79 

YTLPOWR is currently bidding for the Prai combined-cycle gas turbine power project for a capacity of 1,000 to 1,400  megawatts.

Previously 18 groups submitted bids for this project and currently YTLPOWR is one of the shortlisted bidders as shown below:

1) YTL Power International Bhd with Marubeni Corp
2) 1Malaysia Development Bhd (1MDB) with Hyundai Engineering & Construction
3) CI Holdings Bhd with Teknologi Tenaga Perlis Consortium Sdn Bhd and Daelim Industrial Co Ltd
4) Amcorp Power Sdn Bhd with Mitsui & Co Ltd
5) Malakoff Corp Bhd with Petronas Power Sdn Bhd and Mitsubishi Corp
6) Pendekar Power Sdn Bhd
7) Mastika Lagenda Sdn Bhd
8) Tenaga Nasional Bhd
9) Sime Darby Power Sdn Bhd

Seems like another Government bodies vs Billionaires.

This project is worth approximately RM30.2 billion and winner might be announced around Oct - Nov 2012.

Winner will definitely improve their company revenue + potential of share price shooting up!!

Keep an eye on this share.

This share provide dividends almost every quarter, total pay out for dividends is approx. 5% per annum which is higher than 3% interest per annum provided by banks for FD account.

If you are not risk taker, you should consider put it in the bank for FD.

Good luck with your investment!! ^_*

Other shares with similar price posted in AWong Investment:

• MAS ~ 23% increased in less than 5 months
• MAS ~ share swap with AirAsia gonna help?
• Puncak (6807) ~ Up 99% ~ Power of The Rich Guy
• Puncak (6807) ~ Oops!! It Did It Again!!
• Puncak ~ Back to Similar Price
• PUNCAK drop around 63% ~ potential share for investment?