Odora Parkhome Sierra 16

Odora Parkhomes is a leasehold townhouse that located in Sierra 16, Puchong. This is a spacious 3 and half storey townhouses nestled within the greenery and having 16 gardens with unitque concepts. This project was developed by IOI Properties Group Berhad which is one of Malaysia’s leading public-listed property developers. It has built a solid reputation as the esteemed property arm of IOI Group prior to its successful listing onto the Main Board of Malaysian Stock Exchange on 15 January 2014. Today, IOIPG is renowned as one of the largest property companies in the country with a proven track record spanning more than three decades in the property development industry. Its principal activities include property development, property investment, leisure and hospitality. It has successfully developed sustainable townships in sought-after regions of Klang Valley and Johor in Malaysia while embarking on property developments in Singapore and the People’s Republic of China. IOIPG currently has a total of 10,000 acres of landbank in Malaysia and abroad. Odora Parkhomes built on the unique concept of having 16 gardens, all of which are individually distintive and connected to one another by tree lines walkways and roads. The residents have access to facitlies within the safety of a gated and guarded community Receational activities are available at a clbhouse while the main garden, central parks are allows for outdoor celebration and entertaining activites for residents, with the provision of terraced seatings. The Residents also can take a long wallks or enjoy the company of family members in any of the 16 unique gardens including the maze garden, serai garden, peek-a-boo garden , cricket garden and citrus garden to name a few. Odora Parkhomes within 16 Sierra is conveniently accessible to amenities such as Giant and Tesco Hypermarket, retails malls such as IOI mall, IOI Boulevard and Jusco Taman Equine, as well as educational insitutions such as Alice Smith International School, Nexus World School, Lim Kok Wing University and Multimedia (MMU). Other than this, it is also strategically located near educational institutions, leisure, and shopping facilities. These include Multimedia University, University Tenaga Nasional, University Putra Malaysia, IOI Mall, Jusco Taman Equine, Pasar Borong Selangor, and the Alamanda Shopping Complex Odora Parhomes at 16 Sierra is also within access to highways such as the Lebuhraya -Damansara Puchong (LDP), Kuala Lumpur Seremeban Highway, Kajang Dispersal Link Expressway (SILK) and the South Klang Valley Expressway (SKVE), enabling Puchong to be approximately 45 minutes to te Kuala Lumpur International Airport (KLIA) and Kuala Lumpur city center. Facilities featured in this residential include gazebo, jogging path, cycling path, exercise stations, futsal courts, basketball courts, badminton courts, reflexology paths, grass amphitheater, children playground and 16 themes gardens such as canopy garden, fragrant gardens and forest garden. Odora Parkhomes are spacious and modern homes available in two different layout and sizes. Type A/B1 has comfortably built up area of 1862 sq while the larger, more expansive, Type B2 is at 2142 sq ft. There are 446 units in total of the project with built up ranging from 1800 sq ft to 2206 sq ft. The current market prices for Odora are from RM590,000 to RM620,000 (about RM320 psf); while the monthly rentals are from RM1,500 (about RM0.81 psf). The highest median price psf ever recorded was RM361 psf in Q1 2016; while the lowest one was RM220 psf in Q1 2011. The current rental yield of Odora is around 3.01%, compared to 2.82% a year ago in Q3 2018. The highest rental yield ever recorded was 3.66% in Q4 2018; while the lowest one was 2.52% in Q1 2019. The most popular layout and size combination at Odora is 3-bedroom / 1,862 sf with a median price of RM320 psf. For price wise, the most expensive one is 3-bedroom / 1,800 sf with a median price of RM330 psf; while the cheapest one is 3-bedroom / 2,206 sf with a median price of RM280 psf. Projects around the area that might be worth checking out include 280 Park Homes @ Puchong Prima, 8 Kinrara Serviced Apartment, Abadi Heights, Akira @ 16 Sierra, Aman Sari 18 and Amani Residences.