COVO, TOD Service Apartment, Puchong
IOI Properties Group Berhad · Serviced residence · Leasehold · Selling
From RM 584,000 · 926–1,130 sq ft · 3–4 bed · Completion 2027
- 1Price against the areaRM 631≈ 0% vs new launches nearby+58% vs completed condos
- 2The area+11.9%Change in Selangor house prices over the four years to Q1 2026 · Very high unsold supply in the state
- 3Other options at this price8other new launches within 15% of RM 631 per sq ft
- 4Cost and risksRM 69,920Cash upfront and RM 2,423 a month after that
COVO, TOD Service Apartment is a leasehold serviced residence in Puchong, Selangor, by IOI Properties. The developer lists prices from RM584,000 for a 926 sq ft unit, about RM631 psf. That is 58% above the NAPIC 2025 median of RM399 psf for completed condos in Puchong. Checked against the developer's website on · Developer's project page
Location
16 Sierra, Puchong South, Puchong, Selangor
Nearby, as listed by the developer
- MRT 16 Sierra
- IOI City Mall
- Putrajaya
1COVO, TOD Service Apartment price compared with the area
Prices start from RM 584,000. If that price is for the smallest layout (926 sq ft), it works out to about RM 631 per sq ft.
NAPIC recorded 24 completed condos in Puchong in 2025. Its entry price per sq ft is higher than three quarters of the prices recorded in the area. New launches usually cost more per sq ft than completed condos nearby.
See the 24 completed condos NAPIC recorded in Puchong on the area page.
- M TerraRM 323
- SkyRiaRM 447
- ANYA at Shorea ParkRM 470
- NARA at Shorea ParkRM 518
- Mutiara Lake PuchongRM 607
- Seri Puteri Hills CondominiumRM 626
- COVO, TOD Service ApartmentRM 631
- Avantro ResidencesRM 652
- Danau PuchongRM 673
- Astra ResidenceRM 683
- Trinity RainforaRM 704
- ARA ResidencesRM 707
- 2Rio ResidenceRM 792
Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.
The developer does not publish a price per sq ft. Ask for the price list. If the starting price is for a bigger layout, the entry price per sq ft is lower than shown here.
2The area
- DamansaraRM 535
- Subang JayaRM 738 · 10 launchesRM 469
- Bandar SunwayRM 434
- Kota DamansaraRM 674 · 3 launchesRM 432
- Petaling JayaRM 721 · 11 launchesRM 412
- Kelana JayaRM 400
- PuchongRM 631 · 13 launchesRM 399
- Shah AlamRM 585 · 9 launchesRM 350
- SerdangRM 325
- AmpangRM 322
NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.
Completed condos in Puchong changed +1.3% in price from 2024 to 2025 and +0.8% in the first half of 2026 (NAPIC, median per condo). See the price trend
House prices in Selangor rose 11.9% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Puchong page.
3Other options at this price
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| Alora ResidencesSubang Jaya | RM 628 | 0% |
| TerraShah Alam | RM 636 | +1% |
| Seri Puteri Hills CondominiumPuchong | RM 626 | -1% |
| Emerald 9Cheras | RM 637 | +1% |
| D'Tessera ResidencesPetaling Jaya | RM 622 | -1% |
| Eden by The Parque ResidencesTelok Panglima Garang | RM 615 | -3% |
| Astetica ResidencesSeri Kembangan | RM 610 | -3% |
| Avantro ResidencesPuchong | RM 652 | +3% |
4Cost and risks
Starting priceRM 584,000
Monthly instalment
RM 2,423
Cash upfront (down payment and stamp duty)
RM 69,920
- Down payment
- RM 58,400
- Stamp duty on the transfer
- RM 11,520
- Loan amount
- RM 525,600
- Total interest over the loan
- RM 491,950
Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.
Things to check
- Leasehold: ask how many years remain on the lease.
- In Selangor a foreign buyer needs state consent and can only buy a unit priced at RM 2,000,000 or more.
Project details+
- Developer
- IOI Properties Group Berhad
- Location
- 16 Sierra, Puchong South, Selangor
- Property type
- Serviced residence
- Tenure
- Leasehold
- Total units
- 601
- Blocks / towers
- Not stated by the developer
- Storeys
- Not stated by the developer
- Expected completion
- 2027
Swimming pool · Children's pool · Gymnasium · Yoga deck · Co-working space · Wall climbing
COVO, TOD Service Apartment floor plans and photos
Our take
- The entry price per sq ft is 58% above the median for completed condos in Puchong. Some of that gap is normal for a new building. We would compare it with other new launches in Puchong before paying a booking fee.
- Of the 13 new launches we track in Puchong, it has the 7th lowest entry price per sq ft.
- Other new launches at a similar price per sq ft: Alora Residences (RM 628 psf), Terra (RM 636 psf) and Seri Puteri Hills Condominium (RM 626 psf).
- Many completed condos in Selangor are still unsold. That can make a unit slower to resell or rent out.
More new launches in Puchong
Other new launches in Selangor
More new launches by IOI Properties
COVO, TOD Service Apartment: common questions
How much is COVO, TOD Service Apartment in Puchong?
The developer lists prices from RM 584,000, about RM 631 per sq ft for the smallest layout.
Is COVO, TOD Service Apartment freehold or leasehold?
The developer lists it as leasehold.
When will COVO, TOD Service Apartment be completed?
The developer gives 2027 as the expected completion date.
Can foreigners buy COVO, TOD Service Apartment?
Selangor sets a RM 2,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.
Sources
Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.