crazy jam area

Got invitation from one investment club to attend dinner at Icon City sales gallery tomorrow nite, follow by presentation by the COO...

Is the invitation open to public? Got free food ah?

Dinner ma, sure got food lah.

You PM me your email i send you the email to join the invite

PM already boss. By the way, if buy via the property investment club got extra discount ah?

Ermm when is it? Can I get invited?

Btw heard that the flats will be relocated???

This post has been edited by accetera: Jul 12 2013, 10:00 PM

I heard fr Mah Sing oso but I tot they blow water. Not sure whether is true o not.

By the way, I receive letter fr Mah Sing that lease has been renewed to 99 years, ending year 2112!

Its so high tech, they sent me the invitation email and after i registered, they replied to me using Eventbrite with a bar coded ticket to be printed for admission.

Just found out that the email invitation has been converted to the reply email and can no longer be forwarded.

The investment club is Mastery Asia & i am not a member but did registered for their talk before, that's why they sent me that invite i think

You can try contact them

Event is dinner follow by talk by COO

Cheers

Browse their website but can't find any registration page. Will check with the SA whether can join o not. Anyway thanks!

About 200 people attended the event...

Okay food with wine thrown in...

Mah Sing assigned a presentor (not the COO) who is IMHO not with strong presentation skill n didn't demonstrate passion n energy...

Key selling points from presentation:

1. Good location with several future traffic enhancement
2. Only Tower 1 and 2 are pure residential (exluding the Sovo), total 500 plus units to meet demand form the many offices there, almost fully sold . Asked what are the big name companies n answer was yet to be informed by management. Only shout about was MS HQ will be there
3. All the 30 Jewels fully sold
4. Rental rate can fetch...RM5 psf like Bangsar South. Is it true BS this rental rate? Can Icon City fetch this rate in future?
5. Asked in Phase 2 who is the Hotel operator, answer was not confirmed yet. Think of it, MS actually has no success example of retail. Tropicana at least has one Tropicana City Mall. Glomac also tak ada...
6. The presentor said this is a project with high visibility, can you find any other 20 acres integrated development along the federal highway? Nobody answered. So is it correct?

All the units are really bare, no aircond, even bath room was basic...

The east facing was told sungei way landed...what is that and where are the low cost flats?

The one facing park (phase 1: 2 acres and phase 2: 2 acres. Total 4 acres park) more expensive but IMHO so enclosed n less sunlight, really no good...

For the small units, the 717 dual key unit was the most booked...have 2 electricity meters...and 2 carparks...Got a connecting door between the "2 units within unit"...was told the wall between the 2 units not shear wall so can be hacked n converted...can get agents to rent out in future as 2 hotel rooms for short stay...THIS ONE DOABLE???

1 room rent Rm200 n assume 50% occupancy (15 days), gross rental RM6000. Assume RM1500 for cleaning n utilities...net RM4500...CAN WORK???

RM200 per day rental?

I didn't realize so many ppl attended. Was there at the gallery in the morning. I asked whether I can join she said its a private function

Anyway the critical success for Icon is the mall and oso hotel. Most unit are sold out including earlier phase, soho, sovo, shop lot and residences except the newly launch Creative Tower 2, sold 70%.

If they can handle this, I'm sure this project is a good one.

Asking price now for bangsar south is RM 6 psf. The projected rental in rm5 psf 3 years in future is doable unless they screw up.

As for the dual key unit, I find it hard to accept the lay out. U got no living hall. I doubt u can rent out at hotel rate on room basis. Otherwise better stay hotel right?

A bit hard sell.

After visited, no longer interested.

Me too

Now exploring SUNWAY geo

Still have? Where did u share the information?

Thread URL?

The flats were supposed to be vacated last time... but plans delayed.

I hope this time the whole area will be given a massive upgrade.

Finger crossed. Hopefully this happen for real!

Wah boss. Sudah enter Creative Tower ah?

Congrats! Which type n investment or own stay?