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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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CMW123
post Feb 3 2014, 05:53 PM

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QUOTE(brother love @ Feb 3 2014, 01:41 PM)
Studio from 501 sf, me remember launching prices two units Rm633k and Rm900k, maybe before discounts...asking prices for subsel from Rm680k++
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What is launching prices two unit?

Means RM50k gain, 680k-630k??
CMW123
post Feb 4 2014, 02:05 PM

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QUOTE(chiefy @ Feb 4 2014, 01:50 PM)
Have been observing the progress on the 16 Jewel have been fast. Red bricks was sighted for the walls. Project wise, 16 Jewel should give VP first. But somehow I think the whole of Phase 1 need to give VP at the same time as the project structure seems to be connected.
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Noticed that the row of 16 Jewels facing LDP is very close to the highway itself...
CMW123
post Feb 7 2014, 08:51 PM

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QUOTE(jucl @ Feb 7 2014, 08:47 PM)
Got free makan ka? What time.
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With DJ Yoon, singer Eric lim and world champion high pole lion dance with 24 drums
CMW123
post Apr 6 2014, 01:06 PM

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QUOTE(chiefy @ Apr 3 2014, 11:23 AM)
Nope.. the website stayed the same. No change from previous. The Masterplan still have the retail podium in phase 2.
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Is there a difference between shopping mall vs retail podium?
CMW123
post May 4 2014, 11:38 AM

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QUOTE(chiefy @ Apr 16 2014, 01:53 PM)
This project is a mega (ok la not that mega) mix development with different phases. I guess you should already know that when considering to buy into this project. As usual, it will most likely take some time (even years) before the whole area becomes sustainable and hot after VP. The question is what was your initial strategy when you bought into this project? Does your strategy align with the whole proposed Master Plan? Are you wiling to hold it out? From the current construction progress, I think phase 1 should be on time to about 4 months delay. But I guess most buyers should be on DIBS? For those who are planning to rent, I expect the take up rate will be slow after VP unless willing to lower the rental ROI to 3%. For those expecting to flip, I think better not buy into this project. Highly recommended for own use if strategic location, good accessabilty and nice project Masterplan is what you are looking for. Just my honest outlook into this project considering VP will be in 2016.
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Just curious if strategic location, good accessibility n nice master plan why not recommended for flipping becoz it fits most criteria of a project which will appreciate upon vp n for similar projects with such criteria, sometimes the public don't even has the opportunity to buy?

It does not matter for a flipper even if the place take years to be hot so long that the market value goes up say 25% upon vp n for a flipper even without holding power, if he sell lower at 15 to 20% higher, he should still be able to unload

CMW123
post May 8 2014, 08:14 PM

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QUOTE(xyyap @ May 8 2014, 07:05 PM)
The location CMI.
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Bro, what is CMI?
CMW123
post May 10 2014, 11:44 AM

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QUOTE(Maneki-neko @ May 9 2014, 11:10 PM)
I think no matter how Mah Sing is still lacking of experience in running retail business. More over we have yet to see them start building the access road from federal highway n LDP to the project. Versus KL eco city, it already has all the facilities such as the existing LRT station and upcoming MRT station, plus the most successful retail shopping mall in Malaysia that is just next to it…. Good choice rongfu  laugh.gif
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Already reflected in the pricing, icon city rm800 psf vs eco city rm1200 psf
CMW123
post Jun 7 2014, 10:19 AM

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QUOTE(brother love @ Jun 6 2014, 11:28 PM)
Msuites upon completion asking price n rental actually dropped fro day one, last ti e from Rm700k now asking Rm620k, rental Rm3k down to Rm2k, tat means asking prices DROPPED below ori buyers purchase pricez
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Last batches were selling for above RM1200 psf

Means developer extreme over priced

Are we seeing cases of new launches in recent 2 to 3 to suffer paper loss upon vp?


CMW123
post Jun 12 2014, 08:31 PM

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QUOTE(Maneki-neko @ Jun 11 2014, 10:48 PM)
Latest review from Tan Sri Leong:http://www.propertyguru.com.my/property-news/2014/6/36233/malaysia-needs-over-3-million-houses-mah-sing

How come he didn't even mention about Icon City?? Thought Icon City is the key signature project to MS?
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Thought mashing supposed to relocate their HQ and their offices to icon city upon completion? Blow water again?
CMW123
post Jun 25 2014, 08:23 PM

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Thought the 30 jewels shop office has been sold long time ago...whose story to believe

Some more with DIBS? And GRR??
CMW123
post Jun 30 2014, 09:43 PM

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From marketing point of view, ok mah...create the Icon series with more group impact for marketing communication

Nadayu worse, everything is Nadayu follow by numbers
CMW123
post Aug 5 2014, 09:59 PM

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QUOTE(accetera @ Aug 5 2014, 09:53 PM)
Capitamalls want full strata domination, no sharing of lobbies with condos etc. So Mah Sing have to becareful to meet their requirements.
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So the deal is on? No announcement?
CMW123
post Aug 16 2014, 05:04 PM

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MS strategy is to generate maximum profit by fast turnover with average workmanship n jumping fast from 1 project to quickly to a new one if they can hit high sales n aggressively replenishing land bank

Nurturing, breast feeding n spoon feeding to develop n grow a mall seems to be not in line with the strategy

Agree or disagree?
CMW123
post Aug 31 2014, 12:50 PM

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But they are not selling cheap wor...

CMW123
post Aug 31 2014, 12:52 PM

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Anyone went for the unveiling of the new iconic look of the Icon City?

CMW123
post Sep 7 2014, 10:00 PM

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QUOTE(tmdsad @ Sep 7 2014, 05:34 PM)
Most nearby new launched..........pricing benmark @ Icon....... early investors have make around 20% paper gain.
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Which benchmark u use....the new one and only Paradigm Residence at RM1000psf
CMW123
post Mar 15 2015, 06:45 PM

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Possibility of changing the development plan like what OSK tried in cyberjaya???

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