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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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Falangkei
post Sep 29 2011, 05:01 PM

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QUOTE(walle @ Sep 29 2011, 04:04 PM)
it seems the sales of service residenz is much slower than soho..till today only 40-50% booked..
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I think its the pricing problem.
compare to the soho, soho is cheaper.
for investor sure go for the cheaper one later on easier to sell..
i think many in house staff jump in the soho.
pjpumper
post Sep 29 2011, 05:42 PM

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QUOTE(Falangkei @ Sep 29 2011, 06:01 PM)
I think its the pricing problem.
compare to the soho, soho is cheaper.
for investor sure go for the cheaper one later on easier to sell..
i think many in house staff jump in the soho.
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for half a million bucks for a 500 square feet of space in a non-KLCC area, the sale of 40% is quite good liao!

feizaiII
post Sep 29 2011, 06:34 PM

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QUOTE(jet2020 @ Sep 26 2011, 08:13 PM)
many new launches lately....if RGPT is increased next month during Budget2012, then many prop investors especially late comers will have cold feet......

Sin Chew reported today govt may re-introduce 30%RPGT....election is around the corner and govt must do something to soften the growing dissatisfaction against inflation
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Then its time to use the "waive"...zz
SUSUFO-ET
post Sep 29 2011, 07:17 PM

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QUOTE(pjpumper @ Sep 29 2011, 05:42 PM)
for half a million bucks for a 500 square feet of space in a non-KLCC area, the sale of 40% is quite good liao!
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+1
airline
post Sep 30 2011, 05:50 PM

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the 1,300sq feet sell same price as hamsphire place.
crazy. klcc rental can cover at least
here?
doomdoom
post Sep 30 2011, 06:37 PM

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QUOTE(airline @ Sep 30 2011, 05:50 PM)
the 1,300sq feet sell same price as hamsphire place.
crazy. klcc rental can cover at least
here?
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thats why i say buy park 51 better, only 400psf......just wait the commercial activity at icon city become hotter, then park 51 still gt chance hit 600psf ........... tongue.gif
airline
post Sep 30 2011, 08:08 PM

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Yes will hit same like titiwangsa will hit 600k
doomdoom
post Sep 30 2011, 09:23 PM

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sure la...can hit 700k i think...
walle
post Oct 1 2011, 01:25 PM

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yaya..park 51 sure become hot liao..thanks to all the MS boleh attitude..kakaka
airline
post Oct 1 2011, 01:29 PM

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like that faster go buy park 51. macam ts. sure make.
walle
post Oct 1 2011, 01:38 PM

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yaya..faster buy, Park 51 sure got room to appreciate more, then my unit can sell higher when completed end of this year...=D
doomdoom
post Oct 1 2011, 07:47 PM

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perviously aim for selling price 450k for my 1288sqf with 2 carpark at PARK 51....now i will only sell above 550k....hehe
mrPOTATO
post Oct 1 2011, 08:10 PM

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QUOTE(doomdoom @ Oct 1 2011, 07:47 PM)
perviously aim for selling price 450k for my 1288sqf with 2 carpark at PARK 51....now i will only sell above 550k....hehe
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Congrats wink.gif
samngcheesan
post Oct 2 2011, 10:28 AM

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QUOTE(doomdoom @ Oct 1 2011, 07:47 PM)
perviously aim for selling price 450k for my 1288sqf with 2 carpark at PARK 51....now i will only sell above 550k....hehe
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Wow,good investment ! How much u bought ? Still available ?
doomdoom
post Oct 2 2011, 11:25 AM

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QUOTE(samngcheesan @ Oct 2 2011, 10:28 AM)
Wow,good investment ! How much u bought ? Still available ?
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I bought at 250psf only....around 330k.....midhighfloor, facing future icon city view... tongue.gif ...i think now block C just open for sale..price 400psf above...some subsale for block D is on market now...around 370psf above....
kh8668
post Nov 2 2011, 04:55 PM

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http://announcements.bursamalaysia.com/EDM...Icon%20City.pdf

General Announcement
Reference No MS-111028-42693

Company Name : MAH SING GROUP BERHAD
Stock Name : MAHSING
Date Announced : 02/11/2011

Type : Announcement
Subject : MEMORANDUM OF UNDERSTANDING

Description : MAH SING GROUP BERHAD (“MAH SING” OR “COMPANY”)

MEMORANDUM OF UNDERSTANDING BETWEEN SIERRA PENINSULAR DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND CENTRAL PATTANA PUBLIC COMPANY LIMITED, THAILAND

Attachments : MOU retail mall @ Icon City.pdf


Announcement Details/Table Section :

The Board of Directors of Mah Sing (“Board”) wishes to announce that its wholly-owned subsidiary, Sierra Peninsular Development Sdn Bhd (“Sierra Peninsular”), had on 2 November 2011, entered into a memorandum of understanding (“MOU”) with Central Pattana Public Company Limited (“Central Pattana”). Both parties have preliminarily agreed in principle to exchange general information for the purpose of jointly studying the potential investment of developing and managing a shopping mall (“Mall”) located within Icon City through a joint venture and/or partnership.

Icon City in Petaling Jaya is developed by Sierra Peninsular and is Mah Sing Group’s flagship commercial project with an estimated gross development value of RM3.2billion. The integrated development comprises shop offices, retail lots, small office versatile offices and serviced residences in Phase 1, as well as the Mall, hotel, serviced residences, boutique offices and corporate office towers in Phase 2.

Please refer to the attachment for details of the MOU.

This announcement is dated 2 November 2011.



doomdoom
post Nov 2 2011, 09:37 PM

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new shopping mall at mah sing icon city...joint venture with thailand wellknown retail developer Central Pattana Public

http://cnews.cari.com.my/news.php?id=147612

http://www.cpn.co.th/web/about.php


Added on November 3, 2011, 1:43 pmKUALA LUMPUR (Nov 2): Mah Sing Group Bhd has signed a memorandum of understanding (MoU) with Central Patanna Public Co Ltd, preliminarily agreeing to jointly explore the development and management of a retail mall in their flagship Icon City mixed development in Petaling Jaya.

In a Bursa announcement on Wednesday, Mah Sing said both parties may develop and manage mall through a joint venture (JV) or partnership or both, with the investment structure to be firmed up following a due diligence and in-depth feasibility studies.

"The retail mall in Phase 2 of the project is expected to offer more than one million square feet of prime shopping experience, and we believe the potential joint venture with Central Pattana will add vibrancy and further uplift the overall appeal of Icon City with the latest in retail offerings and shopping experiences of world-class standards," said Mah Sing group managing director Tan Sri Leong Hoy Kum.

http://www.theedgeproperty.com/news-a-views/8697.html



This post has been edited by doomdoom: Nov 3 2011, 01:43 PM
nwc4754
post Nov 17 2011, 08:16 AM

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Let me know also. Which floor your friend book?

QUOTE(Han Soloman @ Sep 28 2011, 06:07 PM)
Ok. Will let you know if 90% M.O.F cannot obtain. sweat.gif
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Added on November 17, 2011, 8:17 amAnyone got 1 room unit available for icon city?

This post has been edited by nwc4754: Nov 17 2011, 08:17 AM
samngcheesan
post Nov 17 2011, 09:06 AM

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QUOTE(nwc4754 @ Nov 17 2011, 08:16 AM)
Let me know also. Which floor your friend book?

Added on November 17, 2011, 8:17 amAnyone got 1 room unit available for icon city?
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my friend got 1room for sale
Vintage_X
post Nov 30 2011, 11:23 AM

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QUOTE(nwc4754 @ Nov 17 2011, 08:16 AM)
Let me know also. Which floor your friend book?

Added on November 17, 2011, 8:17 amAnyone got 1 room unit available for icon city?
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I am letting go a unit of Atria Sofo, 19th Floor (highest floor), 540sf at the original price of RM527K together with the 5% discount and RM5K rebate. My loan was not approved due to some loan issues. I am willing to absorb the transfer fee.

Kindly PM me if anyone of you are interested (serious buyer only), or if you have family/ friends/ colleagues who are keen on this unit.

Thanks a lot!


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