COVO @ 16 Sierra
16 Sierra, Puchong, Selangor
| Property Price | Estimated Repayment | Bedrooms | Bathrooms | Size (sqft) |
|---|---|---|---|---|
| Start From RM 250,000 | RM 1,074 / mo | 2, 3, 4 | 1, 2 | 550 – 1130 |
COVO 16 Sierra Photo
About This Project – COVO 16 Sierra
Covo is a new Transit-Oriented Development (TOD) featuring 601 serviced apartments in 16 Sierra, Puchong South. Located just 100 meters from the 16 Sierra MRT Station, Covo offers great convenience with a covered walkway connecting residents directly to public transport. This means easy access to places from Putrajaya to Kwasa Damansara. Living at Covo makes city travel simple and stress-free. Its strategic location saves time and lets residents enjoy more of their day—whether it’s going to the gym or relaxing by the pool. Covo combines great connectivity with everyday comfort, creating a lifestyle that’s all about ease and convenience.
| Property Details | Information |
|---|---|
| Property Type | Service Residence for sale |
| Developer | 16 Sierra (Lush Development Sdn Bhd) |
| Tenure | 99-year Leasehold |
| Completion Year | 2027 |
| Total Units | 601 |
| Status | New launch |
| Listing ID | 40827495 |
| 🛡️ 24 hours security | 🏀 Basketball court |
|---|---|
| 🔥 Bbq | 🌿 Community garden |
| 🅿️ Covered car park | 🚶 Covered linkways |
| 🚖 Drop off point | 🏋️ Gym |
| 🛁 Jacuzzi | 🏃 Jogging track |
| 🌺 Landscaped garden | 🛋️ Lounge |
| 🏛️ Multi-purpose hall | 🅿️ Multi-storey car park |
| 👶 Nursery | 🍽️ Pantry |
| 🚧 Perimeter fencing | 🛝 Playground |
| 🎮 Recreation room | 🦶 Reflexology path |
| 🕌 Surau (male & female) | 🏊 Swimming pool |
| 👶 Wading pool |
COVO 16 Sierra Floor Plan:
Here’s your The COVO 16 Sierra mortgage breakdown Table :
| Details | Amount / Info |
|---|---|
| Property Price | RM 250,000 |
| Loan Amount (90%) | RM 225,000 |
| Downpayment (10%) | RM 25,000 |
| Interest Rate | 4% |
| Loan Tenure | 30 years |
| Estimated Monthly Repayment | RM 1,074 |
| – Principal Portion | RM 336 |
| – Interest Portion | RM 737 |
| Monthly Repayment Split | 31% Principal / 69% Interest |
Market Analysis: COVO 16 Sierra
COVO @ 16 Sierra is a 99‑year leasehold serviced apartment development in Puchong South, featuring 601 units scheduled for completion in 2027. Developed by IOI Properties Group under Lush Development, it offers practical 2 to 4-bedroom layouts with built-ups ranging from 550 sq ft to 1,130 sq ft. Entry prices start at RM250,000, with larger units transacting between RM488,000 and RM630,000 (~RM498 psf). Estimated monthly repayment is RM1,074 for a RM250,000 unit, based on a 30-year tenure at 4% interest.
🌍 Location & Connectivity
Strategically positioned just 100 meters from the 16 Sierra MRT Station on the MRT2 Putrajaya Line, COVO enjoys direct access via a covered walkway. Residents benefit from seamless connectivity to key areas such as Putrajaya, Cyberjaya, Bukit Jalil, and Kwasa Damansara. Major expressways including the SKVE, MEX, and LDP further enhance accessibility to Kuala Lumpur and surrounding hubs.
📊 Comparison Table
| Project | Location | Built‑up (sq ft) | Price (RM) | PSF (approx.) |
|---|---|---|---|---|
| COVO @ 16 Sierra | Puchong South | 550–1,130 | RM250k–RM630k | RM455 – RM560 |
| Nearby Serviced Apts | Puchong / KL | 550–1,200 | RM300k–RM700k | RM500 – RM650 |
COVO provides a compelling price point, especially for smaller units (~RM454 psf), while still delivering premium facilities and MRT connectivity.
🔑 Key Market Drivers
- Direct MRT2 (Putrajaya Line) access via a 100 m covered walkway
- Affordable entry pricing with modern layouts and practical sizes
- Full suite of lifestyle amenities, including EV charging and green features
- Part of IOI Properties’ award-winning 16 Sierra masterplan
- Close proximity to IOI City Mall, schools, and medical centres
- Two car parks per unit and smart keyless access
📈 Outlook & Investment Potential
COVO represents one of the most attractive TOD investments in Puchong South. Its combination of affordability, transit accessibility, and township integration supports strong rental demand and long-term capital growth. The development is poised to benefit from maturing infrastructure and growing demand for MRT-linked properties in Klang Valley.
🎯 Target Audience
- First-time homebuyers looking for affordable, well-connected homes
- Young families and professionals commuting to Cyberjaya, Putrajaya, or KL
- Investors seeking rental units near MRT with strong lifestyle appeal
- Eco-conscious buyers valuing sustainable and efficient designs
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