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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 Jun 16 2013, 04:59 PM

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Compared with other Mah Sing projects, the speed of launch of Icon City seems to be slower...
CMW123
post Jun 21 2013, 12:53 PM

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QUOTE(RichMumPoorDad @ Jun 21 2013, 12:01 PM)
Wondering why no one talk about this anymore.
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Nice project but so expensive...
CMW123
post Jun 23 2013, 10:03 AM

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QUOTE(ryanryan @ Jun 23 2013, 09:52 AM)
I found out that Icon Residenz Tower 1 is semi furnished while Tower 2 aka Creative Tower is unfurnished thus the price difference!
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No wonder, or else mah sing will be selling later phases cheaper than earlier.

Looks like developer also have to find ways to reduce price as high end condo market sales slow down
CMW123
post Jun 23 2013, 12:56 PM

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This is leasehold

How much is the maintenance fee psf?

CMW123
post Jun 23 2013, 02:32 PM

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QUOTE(jucl @ Jun 23 2013, 02:22 PM)
Mah Sing said they will give you letter of undertaking, renewing back the lease to 99 years. What's is tai kors opinion? Can trust ah.
Otherwise balance 60years very risky leh.
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Looks like they want to save on cash-flow n only pay the lease extension premium later rather than now
CMW123
post Jun 23 2013, 06:44 PM

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What is the size for the dual key unit? Any one has the floor plan?
CMW123
post Jun 23 2013, 07:33 PM

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QUOTE(teddie @ Jun 23 2013, 06:49 PM)
If not mistaken it is 715 sqr ft. Both units are studio type. Without living room
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Like 2 hotel rooms with one common main door n each room RM300k....

Hurray!!!
CMW123
post Jul 12 2013, 06:54 PM

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Got invitation from one investment club to attend dinner at Icon City sales gallery tomorrow nite, follow by presentation by the COO...
CMW123
post Jul 12 2013, 09:42 PM

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QUOTE(jucl @ Jul 12 2013, 08:02 PM)
Is the invitation open to public? Got free food ah?
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Dinner ma, sure got food lah.

You PM me your email i send you the email to join the invite
CMW123
post Jul 12 2013, 10:13 PM

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QUOTE(jucl @ Jul 12 2013, 09:56 PM)
PM already boss. By the way, if buy via the property investment club got extra discount ah?
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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
CMW123
post Jul 13 2013, 09:20 PM

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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???
CMW123
post Jul 14 2013, 03:41 PM

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QUOTE(xyyap @ Jul 14 2013, 03:22 PM)
A bit hard sell.

After visited, no longer interested.
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Me too

Now exploring SUNWAY geo
CMW123
post Jul 16 2013, 09:25 AM

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QUOTE(jucl @ Jul 15 2013, 10:14 PM)
Finger crossed. Hopefully this happen for real!
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Congrats! Which type n investment or own stay?
CMW123
post Jul 16 2013, 02:03 PM

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QUOTE(itkaki @ Jul 16 2013, 01:58 PM)
jucl kor, how you compare this Icon PJ with i-Residence or i-Soho at i-City Shah Alarm ?  I-City is freehold and with shopping mall leh..  wub.gif
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Icity is actually selling at RM600psf+ and not RM500 psf.

Icon City location would be better because in PJ and nearer to KL wherlese Icity is in Shah Alam

Also Icity with the much much higher number of residential units supply, higher competition



This post has been edited by CMW123: Jul 16 2013, 02:04 PM
CMW123
post Jul 18 2013, 07:38 PM

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Strangely no MRT that will pass through Shah Alam, being the state capital of Selangor...


CMW123
post Jul 18 2013, 07:39 PM

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If MRT station at Icon City, then worth considering...

This post has been edited by CMW123: Jul 18 2013, 07:40 PM
CMW123
post Jul 19 2013, 03:04 PM

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QUOTE(chiefy @ Jul 19 2013, 10:48 AM)
Hi all. This is probably my first post here after a very long time. I am a iSovo duplex buyer from the first day MS launch their Icon City project. Nice to meet you all. Finally i find a forum where there are actual Icon City buyers and sharing information about the project. cheers..
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What is iSovo selling price? Psf?
CMW123
post Jul 19 2013, 04:55 PM

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QUOTE(chiefy @ Jul 19 2013, 04:23 PM)
jucl... glad that you are sharing the same on the Iconic concept.
Its just a pity that Central did not sign with MS on the retail part.. I really like their concept in Thailand especially their food stalls. Wondering MS is now looking for whom to partner... that goes the same with the hotel. I think this will impact much on this Project Success.
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Central now tie up with Icity...

Wonder what's so unique about Thai shopping mall, being to some in Bangkok but quite like ours...but the unique one is the food area like you said...but think Jusco one is quite comparable already...
CMW123
post Jul 20 2013, 02:32 PM

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QUOTE(chiefy @ Jul 20 2013, 02:02 PM)
Cmw.. thanks for info. Central must be looking for a bigger place then. MS Should start looking for another big name. Any info on that?
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When I ask for any anchor tenant for the mall or who is the hotel operator, the SA answer was management have not inform them

Also any big name for the office towers same answer
CMW123
post Jul 20 2013, 05:28 PM

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QUOTE(khen0202 @ Jul 20 2013, 05:19 PM)
I am interested on dual key 717sf. Anyone can give more details? Thanks
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Got 2 entrance doors. 717 sf divided into 2 units (about 360 sf each) by a wall but with a connecting door.

2 bathrooms, 2 carparks and 2 electricity meters

One unit of 360 sf can only fit bed, kitchen and bathroom, no place for living hall...like hotel room only

All facing the old Sungei Way landed...think there is a mosque there...

Can break the dividing wall as not shear wall and enlarge into 1 unit or rent out both units

SA said in future can get agent to rent out on short term basis like days, weeks or months to office executives there...

From RM840 psf...

What is your comment?

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