Definitely over priced. There are a few more sea front developments apart from teega coming up in 2013. Have you seen how long the johore coast line is? The view also not that great as you are seeing a very narrow stretch of waterway. More often than not you will see the hills at choa chu kang. At 1200 psf if you are taking a loan at 4 per cent plus your rental yield would be pathetic. Upside very very limited. Are you aware a major Middle East partner of puteri harbour has pulled out? Maybe got scared as more than 50 condo projects coming at iskander.also expect delays and poor quality workmanship due to labour shortage and high cost of construction. Doubt it will be ready by 2016. More likely 2017 at the earliest.