Cheapest Property in MAPEX 2014 => Sierra East Condo @ Bukit Jambul? Or is it?

Some technical specification of Sierra East

Block A - For Registration
*256 units
*24 storey
*Choice of 3 layouts
*Built-Up:
Typical Unit: 1200sf - 1400sf
*Freehold

Developer: Chong Company Sdn Bhd

Completion to be mid of year 2017.

If you looking for loan for this property, look for Panel banks.
Panel bank for Sierra East includes: Ambank, HLA, RHB, OCBC, UOB, PBB
Approval from HSBC bank is pending.

One of the design 1304 sq ft, comes with 2 car parks will cost you roughly around RM556,000.

Maintenance fee for the each unit, the developer is looking at 20 to 25 cent per sq ft.

During the MAPEX 2014, it was giving out 5% rebate on down-payment.

Con:
Later on with Block B - total units should equal or more than 512 units. It is a very dense apartment.
Not to mention the environment around it, it is surrounded by Low Medium Cost Apartment. Lots of factory workers stay in the area.
Total around RM426 - 500 per square ft. Pretty high rate per sq ft for Relau.
Location is nearer to Relau than to Bukit Jambul.

Pro:
Large swimming pool ( Shared between Block A and B)
2 Car parks

For more than half a million, you get a of the four wall cube up in the sky. The four wall might be good, but outside it is crowded with Low and Medium Cost apartments. I might need to think twice.

Happy Hunting.