I agree with lastresort. My investment in Imperia was very similar to that of PH - same stack and high floor. That said, I do realize that no investment is risk free, this one in particular just for the fact that most of the critical developments (such as CIQ) are still on paper. Why did I invest then? Firstly, my apetite for risk is on the higher side. Secondly, I am looking at this for long term retirement, or maybe even move there once it is completed. Think carefully if you are looking at this purely from investment point of view. I am sure that there are other low risk projects are available, where most infrastructure is either complete or in late stage of completion. While I am very excited about this purchase and would like to see more like minded folks buy units in Imperia, I do want to paint the right picture.
I was overall very disappointed by the sales folks, particularly the manager, at Imperia. They are definitely not experienced in selling 'high end' real estate. On the day of the soft launch, despite having an appointment, I was made to wait for more than 30 minutes. The manager was not doing anything but busy getting his picture taken in front of the Puteri Harbour model. Finally, I walked over and gave him a piece of my mind and he finally attended to me.
Also, later the Puteri Harbour management tried to force me to engage their preferred lawyer, the one who did the S&P agreement, to do the loan documentation as well. Which lawyer I use for my loan documentation is none of their business, as long as they are on the bank's panel. Moreover, I am paying for them, so it is between me and my bank. At the end, I wrote an email to the UEM Land General Manager and Marketing Director. I must admit that they reponded to me almost immediately and took care of the issue. As a matter for fact, the Marketing Director was very apologetic and admitted the fact that the Sales team was not experienced in marketing high end properties. He also promised that they would fix this before the official launch in November.
Just to be clear, East Ledang, although a part of UEM as well, was a totally different experience. My buying experience was way more positive, in fact one of the best I have had. The are way more experienced and professional. Well, they have been selling properties for more than 3 years I suppose.