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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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ronn77
post Apr 22 2011, 07:48 AM

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QUOTE(CyrusChang @ Apr 20 2011, 09:41 PM)
PM me if you are interested on shop office!Serious Buyer Only!
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what is the specs for this shop office?
ronn77
post Apr 25 2011, 09:49 AM

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Does anyone know when likely this project will be launch? Price seems a bit steep, at around RM800/sqft.
ronn77
post Apr 27 2011, 01:12 PM

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At the current suggested price, it will appears to be the highest in the PJ area. Definitely it will be having difficulties to bring good ROI at such ceiling price. Hope Mah Sing could consider to priced it more competitive to pull the crowds.
ronn77
post Jul 5 2011, 09:33 AM

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This project looks attractive though but hearing the expected selling price of RM800/sqft makes me rethink if it's a good piece of investment. Anyway shall see what they can offer for this project.
ronn77
post Jul 14 2011, 11:45 PM

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I wish I can afford to put my money in but after seeing the price..........
ronn77
post Jul 17 2011, 07:52 PM

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If these 745sqft is selling at RM645k, then once completion how much will these units able to sell? RM800k for merely 745sqft that is only able to cater for couple without kids? Still I don't see the potential of this project, unless if you are targeting expatriate rental.
ronn77
post Jul 18 2011, 09:13 AM

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QUOTE(Notoriez @ Jul 18 2011, 01:15 AM)
Ridiculous place doh.gif

The road there is like crazy hell JAM everyday...is there any alternative routes?
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Yes, there is helicopter pit at the top of each buildings.
ronn77
post Jul 18 2011, 09:42 AM

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QUOTE(dlyw1103 @ Jul 18 2011, 09:20 AM)
You mean RC helicopter right  hmm.gif
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During peak hour like 5-7pm, you will not ever to touch the both highway near this project (LDP/FH) so the only alternative ways I can think of is via air. Seriously, I can't imagine what will happen to these access with the completion of Icon City.
ronn77
post Jul 19 2011, 10:38 AM

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Uncle and aunty go there n buy Sovo to live there? Or pass down to their grandchildren or just for investment? Normally when I see those projects is crowded with auntie and uncle then I know that the price are about to have the correction soon.
ronn77
post Aug 10 2011, 07:40 AM

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QUOTE(ngjohann @ Aug 10 2011, 01:12 AM)
I booked a unit at Tower 3 (phase 1) i-SoVo 754sqft duplex at RM630k with 2% Early Bird Disc (and other priviledges).  But thinking of letting go at cost.  Tower 3A (phase 2) is currently RM50/sqft more expensive.  That translates into RM37k savings (profits). Anybody interested please e-mail to ngjohann@gmail.com and provide your contact number.  I would consider referral commission to anybody who could find a taker.
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You are letting go at cost and considering giving referral fees for those bring in the buyer, what happen buddy?
ronn77
post Sep 21 2011, 03:37 PM

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Don't think MS going to price it at $1000/sqft. Fyi, there's another upcoming project just beside the icon City which is going to be much cheaper than this.
ronn77
post Sep 21 2011, 07:42 PM

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Still waiting for the final words fm the developer as our agency is looking to get some units to sell. Shall update you guys once the project is in hand for first hand info.
ronn77
post Sep 22 2011, 10:05 AM

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Waiting to see who will be the one queue there to buy these units. For the studio, mainly it will cater for either expats or young couple who wish to rent temporarily before they getting a bigger house. At this price, imagine how much you need to rent in order to cover for your loan.
ronn77
post Sep 27 2011, 07:53 AM

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QUOTE(chrisw @ Sep 27 2011, 02:44 AM)
Sorry, what's RPGT 30%?  blink.gif
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RPGT or "real property gain tax" means govt will tax you the % set fm the profit you generated fm selling your property.
So if let say govt introduce rpgt of 30% then for every 100k you earned selling your props then 30k goes to the govt.
If this 30% is reintroduce then say goodbye to the BBB mode.
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
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.
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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.
ronn77
post May 15 2012, 07:59 AM

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QUOTE(gomes. @ May 15 2012, 02:34 AM)
Totally agree with you, I would also prefer to invest in mont kiara. Man, even the new and prime condos in mont kiara are selling less than RM1000/sqft.
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I think if I ever ready to invest $1k/sqf, I will topup a bit and put it in Eco City as it's a safer bet than this. For some reason, I don't see this project is ready for 1k/sqf yet.
ronn77
post May 15 2012, 10:40 PM

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QUOTE(kbandito @ May 15 2012, 08:53 PM)
I must say I am utterly AMAZED by how TMS priced their unit.
Just came back from Penang and learned about TMS's Southbay in knn kampung Batu Maung, RM800psf for 1,000 sq ft. *jawdropped kaw kaw*
Elsewhere, IJM The Light prices 1,600 sq ft with MUCH better development concept at RM500 psf, in a MUCH better location.
Even E&O Quayside subsale only RM900psf in a MUCH convincing location.

TMS really TMS, I will never touch their product.
Their success in the recent 5 years was mainly due to the broad market movement upwards, they develop nothing special IMHO.
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U are right. Batu Maung no doubt is an upcoming town mainly thanks to the 2nd link but the price is crazily super duper high and they try to sell booming area property at premium prices, leave no room for capital appreciation for buyers. I did enquiry on Southbay project before and thought the price should be around $400/sqft but to my amaze it is 2x of my expectations (RM800/sqft) or I should say even more expensive than prime area such as Gurney...lol. Now they try to replicate the premium selling price on Icon City PJ and Mont Kiara. If you read the thread on Kinrara Residence, many buyers are complaining that paying premium prices for the house but the finishing is awful and getting low quality tiles and grill. Same as you, Im avoiding all MS projects until they prove I'm wrong.


ronn77
post Jun 12 2012, 11:01 AM

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Not only they sent once but 2-3 times in a week. This truly makes their property looks cheap as people perceived sales must be damn slow till they need to remind many times.

 

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