Ritze Perdana 2 is located in the matured enclave of Damansara Perdana and consists of commercial shops and 2 condominium blocks.
Continue Reading ⋅ 26 March 2021
Sierra Zentro 1 is the sole commercial component of the 16 Sierra township, a 534-acre project in Puchong South, developed by leading developer IOI Properties Group. The subproject comprises 99 units of 3- and 4-storey shop offices sited on leasehold land with a commercial title.
Buyers have the option of buying an entire block spanning 5,748 sq ft at a starting price of RM2,189,000, or a strata space measuring 1,679 sq ft within a building from RM553,000.
Completed in 2016, these premises can be used as offices, shops and eateries. With their spacious built-ups, they are also suitable for financial institutions, clinics, specialty stores and supermarkets.
Address: Jalan Sierra 10/1, Bandar 16 Sierra, 47110 Puchong, Selangor
Property Type: Shop/Office/Retail Space
Land Title: Sierra Zentro 1
No of Storeys: 3&4
No of Blocks:
Total Units: 99
No of Lifts per floor: Not applicable
Tenure: Leasehold
Sales Gallery: IOI GALLERIA@16 SIERRA
Persiaran Sierra Utama, Bandar 16 Sierra, 47110 Puchong, Selangor D.E.
Site GPS Coordinates: 2.969613, 101.654731
Date of Completion: 2016
Built-up area: From 1,679 sq ft for strata space; from 5,748 sq ft for an entire unit
Location Attributes:
- 1km away from upcoming MRT 2 (completion in 2022)
- Great accessibility via SKVE, MEX & LDP highway
- Direct access to Putrajaya & Cyberjaya
Launch Price: FROM RM2,189,000 (en. blk); FROM RM553,000 (strata)
Special Features:
- Ready for occupancy
- Lot size: 24′ x 80′
- Within the residential areas of a 534-acre township, 16 Sierra
- Strategically fronting the bustling SKVE highway
- Great accessibility via SKVE, MEX & LDP highway
- 1km away from upcoming MRT 2 (completion in 2022)
- Direct access to Putrajaya & Cyberjaya
- Suitable for offices, institutions, banks, retail businesses etc.
- Spacious layout with high ceiling height
Project Details
Sierra Zentro 1 consists of 99 units of 3- and 4-storey shop offices sited on leasehold land with commercial title. Property investors have the choice of purchasing an entire block spanning 5,748 sq ft at a starting price of RM2,189,000, or a strata space measuring 1,679 sq ft within a building from RM553,000. An entire building has a lot size of 24ft by 80ft.
Completed in 2016, these commercial units can be used as offices, shops and eateries. With their large built-up space, they are also suitable for financial institutions, clinics, specialty stores and supermarkets.
|
Type |
Built-up area |
# of bathrooms |
price |
|
Strata |
1,679 sq ft |
|
RM553,000 |
|
Entire block |
5,748 sq ft |
6 |
RM2,189,000 |
While the commercial units have not been furnished, the project comes with many unique selling points. For instance, they are sited close to the upcoming MRT 2 station in the 16 Sierra township, aside from being touted as the sole commercial component of the massive town. It also fronts the busy SKVE, and has great accessibility to MEX and LDP highways.
Given that the commercial buildings were completed in 2016, business owners can immediately begin operating. Thanks to the units’ spacious layouts with high ceiling heights, these can be used as offices, banks, retail shops and F&B outlets. Sierra Zentro 1’s internal roads were also built wide at 66 ft to prevent traffic jams.
Location
Sierra Zentro 1 benefits from having a captive market given that it’s the only commercial component of the 16 Sierra township, and it’s the sole commercial hub in the immediate vicinity. Apart from being near Equine Park, it strategically faces the busy South Klang Valley Expressway (SKVE) and is just in front of the Rafflesia International and Private Schools.
Residents of the township – which mostly contains landed housing (i.e. the residents are generally affluent) – are expected to patronize the shops there as it’s just a short stroll from the homes. In comparison, travelling to the popular IOI City Mall takes about 10 minutes by car, while going to Kuala Lumpur City Centre (KLCC) is slightly further at about 40 minutes.
Nonetheless, travelling to the heart of the capital will become easier after the completion of MRT 2 by 2022, as the 16 Sierra township will have its own MRT station along the Sungai Buloh-Serdang-Putrajaya Line (SSP Line).
Apart from being a short drive to Serdang Hospital, Sierra Zentro 1 is also within proximity to many learning institutions. For example, the Alice Smith School, SJK(C) Bukit Serdang and SJK(C) Han Ming are all within an 8km radius of the project.
As for tertiary learning institutions Universiti Putra Malaysia (UPM) is a 9-minute drive (8.3km). LimKokWing University of Creative Technology is 12 minutes by car (8.4km), Universiti Tenaga Nasional (UNITEN) is 14 minutes (12.4km), while the Multimedia University (MMU) is farther at 17 minutes (12.7km).
Apart from fronting SKVE that provides direct access to Putrajaya and Cyberjaya, travelling from the commercial project to KLCC and Kuala Lumpur International Airport (KLIA) is also a piece of cake as residents can easily traverse the Maju Expressway (MEX) via an interchange at Seri Kembangan. Motorist can also quickly get to Puchong via the Lebuhraya Damansara-Puchong (LDP) highway, while the future Serdang–Kinrara–Putrajaya Expressway (SKIP) is close by as well.
Analysis
As Sierra Zentro 1 is the only commercial project within the immediate vicinity of the 16 Sierra township, we have nothing similar to compare it with, as all other subprojects in the town are residential, such as semi-detached homes, bungalows, condominiums and serviced apartments.
Given that it’s a pioneer commercial project in the area, your competitors are other shop offices in Sierra Zentro 1, given that there are 99 units in all. But it still depends on what kind of business you or your tenant wishes to operate.
Summary
If you have bought a unit in Sierra Zentro 1 before or after it was completed, we congratulate you as the 16 Sierra township is now poised to become one of the most sought-after property markets in Puchong as it will house an MRT station on the Sungai Buloh-Serdang-Putrajaya Line (SSP Line).
Aside from that highly-anticipated MRT 2 station, Sierra Zentro 1 is the only commercial component of the 534-acre township. This means the residents of that town will mostly turn to the shops at Sierra Zentro 1 for their daily necessities.
With this captive market, the shop offices have bright rental prospects. Furthermore, there’s a good chance of running a successful business. However, we advise you to study first what kind of venture will click with the town’s wealthy residents.
