Hi Blue_S, nice reading your post.
Let me go into facts and hard figures to support better my argument. I agree that the Ferrari and Proton example might not be appropriate. The construction cost for Ujana might be at around 180 MYR/psf of saleable floor area while the construction cost for those projects at Puteri harbour might be at 450 MYR/psf of saleable area.
When we talk about construction cost, we are not talking about "materials, interior packing etc" it's much more than that.
We are talking about:
1. The external facade of the building: glass vs simple brick facade
2. Whether the carpark is underground or exterior carpark with aluminium roof.
3. The quality of the interior fittings like bedroom cabinets, kitchen cabinets and appliances, toilets fittings, windows and door frames, air con units and condensor provided etc
4. The finishing of the lobby and common areas. Just compare the lobby of a Somerset vs the Ujana.. you will notice the difference
5. The facilities provided: Tennis court, Olympic size swimming pool, Gym, Sky garden, sky swimming pool, reading room, squash court, gardens and general landscaping.
6. The quality of the building materials (marble vs ceramic), the size of the wooden flooring in the bedroom, etc..
And the list goes on and on..
I just felt that after reading your article you were comparing apple with apple. but really, Ujana and Puteri Harbour projects are different products..can not compare..
Now, the above explanation only serves to justify the difference in pricing between Ujana and Puteri Harbour and it's NOT intended to comment on the merits of the Investment and its returns.... at the end, Ujana has proven to be a fantastic investment. It's just to set the record and facts on the different pricing.
Kindly note that the above costing excludes the Land Cost and Soft cost (Statutory fees, Professional fees, Marketing etc). Soft costs will also be much higher in Puteri Harbour vs Ujana as high end Architects, Interior Designer, Landscapping consultant need to be appointed for PH projecs while for Ujana there is only need to appoint the basic professional services : normal architect, C&S, and M&E etc..