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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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lk_chin
post Feb 15 2012, 01:09 AM

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anyone got Residence - 650 sf (1+1 rooms) unit. serious buyer here. let me know the floor and facing area. can pls pm me thx~
TSaccetera
post Feb 21 2012, 11:06 PM

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Sales updates anyone?
Them_Me_You
post Mar 8 2012, 03:47 PM

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Guys,

Are they anyone here bought I-Sovo? I'm looking to buy a unit of I-Sovo on Tower 3A as an investment. The size is about 7xx sq. Should I just go for it?

Cheers




Chris Chew
post Mar 9 2012, 03:24 AM

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QUOTE(Them_Me_You @ Mar 8 2012, 03:47 PM)
Guys,

Are they anyone here bought I-Sovo? I'm looking to buy a unit of I-Sovo on Tower  3A as an investment. The size is about 7xx sq. Should I just go for it?

Cheers
*
Hmm, now still got any units available?

I thought sold out dy ...




Them_Me_You
post Mar 19 2012, 10:41 AM

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QUOTE(Chris Chew @ Mar 9 2012, 03:24 AM)
Hmm, now still got any units available?

I thought sold out dy ...
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I been there fortnight ago and still many units available. I'm kind of cautious wheather to buy a poperty there.
Chris Chew
post Mar 19 2012, 11:42 PM

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QUOTE(Them_Me_You @ Mar 19 2012, 10:41 AM)
I been there fortnight ago and still many units available. I'm kind of cautious wheather to buy a poperty there.
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Ohh, what are the pricing when you went there?



twins9
post May 12 2012, 05:00 PM

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Is this Icon City PJ still on?


Chris Chew
post May 12 2012, 05:26 PM

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QUOTE(twins9 @ May 12 2012, 05:00 PM)
Is this Icon City PJ still on?
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Huh. I think I-sovo had sold more than 90% and service apartments not much left ...


ronn77
post May 12 2012, 05:36 PM

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I received their invitation again today. Seems got left over units.
Not sure about others but I feel the price is crazy, close to $1000/sqft.
Will ppl paying that price to stay in the traffic jam area? hmm.gif
twins9
post May 12 2012, 06:49 PM

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PETALING JAYA (April 27): The first tower of Mah Sing Group Bhd's Icon Residenz serviced apartments in its Icon City mixed development is almost 70% booked ahead of its launch on May 12, said COO Andy Chua.

"We've had almost 12,000 registrants since late last year. We are confident of selling all the units in a weekend," he told The Edge Financial Daily recently.

The 40-storey tower comprises 249 units with built-ups from 569 to 1,795 sq ft and come in one, two, three, 3+1 and 4+1 bedroom configurations.

Prices range from RM602,000 to RM1.65 million, which is slightly over RM1,000 psf.

Justifying the price tag, Chua said: "The convenience we are offering is unparalleled. I think the only development that comes close to what we are providing is Mid Valley City (which comprises shopping malls, offices and hotels). So you have everything under one roof. The price also reflects the RM200 million we will spend on new ramps and roads into Icon City."

Icon Residenz will feature two 40-storey towers with Tower 2 comprising 323 units, totalling 572 units.

The towers have an estimated combined gross development value (GDV) of RM364.38 million. The towers are aiming for a Green Mark Gold standard.

Tower 2 is expected to be launched in June or July, and while prices have not been firmed up, Mah Sing is considering a 5% to 10% mark-up.

"We've obtained special permission to extend the construction period to 44 months. So the whole of phase 1, including Icon Residenz, will be completed in 2016," he said.

Icon Residenz units come with a 10ft-high ceiling, audio-video intercom security system, air conditioning units, and an automated waste collection system.

The apartments are also partially furnished, with the 3+1 and 4+1 bedroom units having built-in wardrobes.

Both towers have common facilities on Level 33 such as pools, saunas and steam baths, reading lounges, gym rooms, children's playground, barbeque deck, picnic terrace and landscaped gardens with foot reflexology paths.

Icon City is sited on a 19.6-acre (7.84ha) leasehold tract in Sungai Way at the intersection of the Federal Highway and the Damansara-Puchong Highway.

The entire development has a GDV of RM3.2 billion and is divided into two phases. The first phase features the Icon Residenz, the 30 Jewels 7-storey and 8-storey shop offices, 1-storey and 2-storey Gourmet Street shops, i-Sovo (small office versatile office) suites and a five-acre park.

Phase 2 consists of a boutique hotel and a connected serviced apartment, four office towers and a shopping complex.

Last November, Mah Sing signed a memorandum of understanding with Thailand's Central Pattana Pcl to explore the mall's feasibility.

The mall will have an estimated net lettable area of one million sq ft and Mah Sing expects it to rival Mid Valley Megamall at least in terms of size.


Added on May 12, 2012, 6:50 pmWhich is cheaper psf? Eco City or MS?



This post has been edited by twins9: May 12 2012, 06:50 PM
kbandito
post May 12 2012, 06:58 PM

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dafug RM1,000psf in PJ and yet 70% booked?!?!
Eco City is a safer bet?
1282009
post May 12 2012, 09:58 PM

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1k psf and LH .. rclxub.gif


jucl
post May 12 2012, 10:25 PM

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the world has gone mad, i mean malaysia. where one earth this ppl get so much money to buy buy buy.

ur talking about 1000 per sf...hmmm
SKfolk
post May 12 2012, 11:00 PM

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QUOTE(ronn77 @ May 12 2012, 05:36 PM)
I received their invitation again today. Seems got left over units.
Not sure about others but I feel the price is crazy, close to $1000/sqft.
Will ppl paying that price to stay in the traffic jam area?  hmm.gif
*
Some ppl like traffic jam. They say no traffic jam no "Wong".
doomdoom
post May 12 2012, 11:23 PM

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Midvalley also everyday jam frm morning til night ma
Chris Chew
post May 12 2012, 11:57 PM

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QUOTE(ronn77 @ May 12 2012, 05:36 PM)
I received their invitation again today. Seems got left over units.
Not sure about others but I feel the price is crazy, close to $1000/sqft.
Will ppl paying that price to stay in the traffic jam area?  hmm.gif
*
It was damm so freaking exp. But nothings come cheap now.

The DIBS cost till 2016, the concept of the Total Development, great location and i very impressed with the way they spent the money to build all the access and multi ramps for super accessibility.

Even Sunway Senza selling RM 600 psf.

Looking forward the 2nd Mid Valley in coming years. It boosted the pricing around Subang and Sunway area.


ronn77
post May 13 2012, 12:05 AM

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QUOTE(Chris Chew @ May 12 2012, 11:57 PM)
It was damm so freaking exp. But nothings come cheap now.

The DIBS cost till 2016, the concept of the Total Development, great location and i very impressed with the way they spent the money to build all the access and multi ramps for super accessibility.

Even Sunway Senza selling RM 600 psf.

Looking forward the 2nd Mid Valley in coming years. It boosted the pricing around Subang and Sunway area.
*
Well bro, do you think it's a good bet on this one?
Before that I'm having some interest on this one and setting ceiling price of 750/sqft but unfortunately the price is higher than my expectation.
FUrthermore, MS does not have reputation to developed retail mall so the questions on whether this will be the succesful one or not remain a guessing game.
gomes.
post May 14 2012, 08:42 AM

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The roads there already jammed up for the past few years (even when factory demolished), with this project coming up the whole area will be jammed up even more. Wouldnt want to live there. With the paradigm mall nearby, i cant imagine how much pressure the LDP and internal roads are going to take, seriously going to jam up even further. Especially during 6pm-8pm at night even know the whole area is jammed. With paradigm in full swing in a few years and icon city also, seriously going to be massive traffic jam. Rather prefer to invest in newer areas south.

Edit: RM1,000 psf, lol rclxub.gif I dont really see why people want to live in condo's/high rise in malaysia. Pay so much money for 700 square feet apartment, i can buy a terrace house with that money, 2 storey somemore! I can buy landed property and have my own land.

This post has been edited by gomes.: May 14 2012, 08:47 AM
ManutdGiggs
post May 14 2012, 09:59 AM

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QUOTE(gomes. @ May 14 2012, 08:42 AM)
The roads there already jammed up for the past few years (even when factory demolished), with this project coming up the whole area will be jammed up even more. Wouldnt want to live there. With the paradigm mall nearby, i cant imagine how much pressure the LDP and internal roads are going to take, seriously going to jam up even further. Especially during 6pm-8pm at night even know the whole area is jammed. With paradigm in full swing in a few years and icon city also, seriously going to be massive traffic jam. Rather prefer to invest in newer areas south.

Edit: RM1,000 psf, lol rclxub.gif  I dont really see why people want to live in condo's/high rise in malaysia. Pay so much money for 700 square feet apartment, i can buy a terrace house with that money, 2 storey somemore! I can buy landed property and have my own land.
*
Some ll say 700k cant get a good G&G. So 700sf with facilities is beta bet???
jinike
post May 15 2012, 01:22 AM

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QUOTE(ManutdGiggs @ May 14 2012, 09:59 AM)
Some ll say 700k cant get a good G&G. So 700sf with facilities is beta bet???
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I grew up in sgway... for the past 20 over years I stay in sgway...i don't think that area worht RM1000/sqft, some more is LH ...this is mont kiara pricing, and mont kiara is freehold + have expat, international school....this area ? now full of indo and sabahan , sarawakian in sgway , my house there rented to western digital for the past 7 years...every years getting more n more sabahan , sarawakian n indo moving in sgway...now the whole village became kampong sabahan....my unit rented to WD, there are >70 ppl staying insides, ad not only my house, in fact the whole sgway, nearly 70% of the house owner rented out their house...why? becoz it is already not good for staying....all indo + sabahan...n yet, rented to WS get good offer rclxms.gif some of my neighbour collection 8-10k rental for a 4000-5000sqft size house. why not ? haha....better rented out, and buy other better location...

so, come this mahsing icon city...huh, if it is priced reasonable, i maybe will look at it, that day when I go the sales office, the sales girl approach me... talk like this project is only heaven have it, can't find any on earth...I ask her, why selling RM1000+/sqft, she says...becoz mahsing ma...and good location, i replied, my friend just bought 1 unit condo in mont kiara, freehold, better location ( with all expat neighbourhood, international school...etc) just RM1000 -+....this area behind is a big n ugly longkang ( drainage ) n cheap single storey link house, and sgway full of indo... guess what, she don't know how to reply my question...n all the staff there , even the bank officer there look like so lanci when i ask them question, seem nobody want to entertain me, maybe i just wear t-shirt + short pant + slipper n walk-in....they look at me from bottom to my head...seem that i m not able to buy any unit there....

this kind of salesperson is really unprofessional..... i remember last 2 week i walk into SHC seringing sales office, also walk in wearing t-shirt, short pant + slipper...but the salesgirl there provide a very good service, and entertainment me very politely n with good smile....

if i were to buy, i g back , i will not look for those lanci salesperson...my friend who bought 4 unit verse suites in mont kiara, oso wear slipper + short pant like me, who can guess his pocket actually nearly 20m worth of property n cash ? those unprofessional salesperson only like those white collar walk-in customer, dress very nicely n formal.... my office have a few U graduate dress the same, all work for me ...and I don't need to work, so why i need to dress like a white collar ? wtf...really hate those dog eye look ppl down...

This post has been edited by jinike: May 15 2012, 01:28 AM

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