La Thea Residences, 16 Sierra
La Thea Residences is a leasehold apartment located in 16 Sierra, Puchong South.The built-up available at this project is 787 sf to 1,205 sf. It was developed by IOI Properties Group Bhd with a launch price at around RM530 psf, and was completed in about 2016.
IOI Properties Group Bhd is a very big-sized real estate company listed on KLSE, and it has constructed around 140 real estate projects in Malaysia. Other similar projects by the same developer are Almyra Residences, D'Summit Residences, Impian Heights, Marina Cove, PJ Midtown, Puteri Palma, Regency Heights, Sky Condominium, Skypod Residences and The Platino.
This apartment is not very ideal for own stay or investment, because it has no amenities nearby.
The current market prices for La Thea Residences are from RM440,000 to RM540,000 (about RM560 psf); while the monthly rentals are from RM1,200 to RM1,500 (about RM1.55 psf). The highest median price psf ever recorded was RM621 psf in Q4 2016; while the lowest one was RM463 psf in Q1 2019.
The current rental yield of La Thea Residences is around 3.53%, compared to 3.59% a year ago in Q1 2018. The highest rental yield ever recorded was 4.52% in Q1 2019; while the lowest one was 2.7% in Q4 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at La Thea Residences is 2-bedroom / 787 sf with a median price of RM560 psf. For price wise, the most expensive one is 2-bedroom / 787 sf with a median price of RM560 psf; while the cheapest one is 3-bedroom / 1,200 sf with a median price of RM410 psf.
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