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Investment ICON CITY PJ | NEON | I-SOVO | ICON RESIDENZ [OT], A world class urban centre for you

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walle
post Sep 22 2011, 09:43 AM

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ICON city serviced apt price:
From RM499k onwards, 569sqft-1795sqft, DIBS, Free SPA and Loan. 5% rebate. Preview this Saturday.

Will see the respond for this..personally..the price is CRAZEEE!!
yoki
post Sep 22 2011, 09:55 AM

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after rebate for the smallest unit is a whooping RM840ish psf...
oh my god and at this location............
ronn77
post Sep 22 2011, 10:05 AM

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Waiting to see who will be the one queue there to buy these units. For the studio, mainly it will cater for either expats or young couple who wish to rent temporarily before they getting a bigger house. At this price, imagine how much you need to rent in order to cover for your loan.
walle
post Sep 22 2011, 12:00 PM

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QUOTE(ronn77 @ Sep 22 2011, 10:05 AM)
Waiting to see who will be the one queue there to buy these units. For the studio, mainly it will cater for either expats or young couple who wish to rent temporarily before they getting a bigger house. At this price, imagine how much you need to rent in order to cover for your loan.
*
haha..yalor..feel like wanna go kepo this saturday when they open for preview..
sonycamera
post Sep 22 2011, 12:04 PM

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Personally, if I want something in PJ area, at that price, I would look into projects like glomac damansara, 5 stones, ammera subsale....

In order to attract bookings, I believe the developer will sell with sweetenrs lke early bird rebate, interest absorption. ie a potential buyer just need to pay about 5% upfront and no further cash outflow till completion, likely to be 4 years.
samngcheesan
post Sep 23 2011, 10:07 AM

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additional parking at 38k
yoki
post Sep 23 2011, 10:54 AM

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i think i really cannot afford this project...........too highend
walle
post Sep 23 2011, 11:12 AM

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But won't be suprise if they are still long queue of ppl tmr during the public preview...
doomdoom
post Sep 23 2011, 11:25 AM

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buy park 51 better la...entry price reasobale...at same area some more....
yoki
post Sep 23 2011, 11:32 AM

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QUOTE(walle @ Sep 23 2011, 11:12 AM)
But won't be suprise if they are still long queue of ppl tmr during the public preview...
*
if start from RM350-400k maybe got pple buy
now is RM500k for a one bedder
samngcheesan
post Sep 24 2011, 11:23 AM

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any photo to share , crowded or not ?
yoki
post Sep 24 2011, 01:16 PM

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Got BBB ? For this I conned pj
doomdoom
post Sep 24 2011, 02:13 PM

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Now ppl say mah sing con ppl, later after 3 -5 years, when the whole project completed and become WONG just like ONE UTAMA or SUNWAY PYRAMID, then nobody will say MAH SING I CONNED city liao...will say it's a SMART buy during launch...
1282009
post Sep 24 2011, 02:19 PM

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QUOTE(doomdoom @ Sep 24 2011, 02:13 PM)
Now ppl say mah sing con ppl, later after 3 -5 years, when the whole project completed and become WONG just like ONE UTAMA or SUNWAY PYRAMID, then nobody will say MAH SING I CONNED city liao...will say it's a SMART buy during launch...
*
Somemore its leasehold? Too xpensive 4 me sad.gif

samngcheesan
post Sep 24 2011, 06:04 PM

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afternoon already sold 100+ unit

total 200+ unit
Han Soloman
post Sep 24 2011, 10:11 PM

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Just booked a one room unit this afternoon. Built up area 594 sq ft. Purchase Price was RM584K before the 5% early bird discount. This service apartment project has 3 facing. Facing landscape, KL & LDP. All came with differences in price. I also confused & hesitate which one to go for.

Basically what I had in mind was. Pay 8K booking fees. Obtain the 90% M.O.F, then wait till December upon signing S&P pay another RM21K plus.

All in all park in RM30K, wait till project complete in almost 4 years. Then sell off with an appreciated value of this property.

According to sales person, RM8k booking fees refundable minus RM500 admin fees if bank reject loan or cannot get 90% M.O.F.

I was wondering will this strategy work. Am I thinking right?


zehn77
post Sep 24 2011, 10:47 PM

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For those who are interested, the photo was taken around 3.40pm



Attached thumbnail(s)
Attached Image
walle
post Sep 24 2011, 11:04 PM

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QUOTE(zehn77 @ Sep 24 2011, 10:47 PM)
For those who are interested, the photo was taken around 3.40pm
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is this good ar? to me it doesn't seems too well, but still to see the result of 1st preview.. brows.gif
owj
post Sep 24 2011, 11:10 PM

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QUOTE(zehn77 @ Sep 24 2011, 10:47 PM)
For those who are interested, the photo was taken around 3.40pm
*
Again, all the smaller units facing landscape it taken up. Left 747++ sq ft facing landscape.

900/sq ft. RM600k. Looks like must rent RM3k per month for the smallest unit to get gross yield of 6%. What do sifu here think?
Robert L
post Sep 24 2011, 11:59 PM

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QUOTE(owj @ Sep 25 2011, 12:10 AM)
Again, all the smaller units facing landscape it taken up. Left 747++ sq ft facing landscape.

900/sq ft. RM600k. Looks like must rent RM3k per month for the smallest unit to get gross yield of 6%. What do sifu here think?
*
rm900/sqft in P.J really too expensive, almost rm500k for a pigeon hole. There are much better choice in P.J.



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