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Investment M CITY, JALAN AMPANG [OWNERS' THREAD], Mah Sing presents its most iconic

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HarpArtist
post Dec 5 2015, 08:54 AM

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QUOTE(Darkknight2010 @ Dec 5 2015, 01:41 AM)
I am not here to break some agents' rice bowl or making anyone upset or hopeless but the fact is that, M city is a failed development.
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Agreed..but certainly not the only one.
Darkknight2010
post Dec 5 2015, 09:06 AM

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Suddenly village grocer is opening everywhere.
ace77
post Dec 5 2015, 09:28 AM

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QUOTE(Darkknight2010 @ Dec 5 2015, 09:06 AM)
Suddenly village grocer is opening everywhere.
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Even ikea open their second outlet with third and fourth coming. I seriously do not know what points u want to highlight?



TSaccetera
post Dec 5 2015, 05:53 PM

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The sky gardens have some issues as there might not be enough sunlight for the trees to grow into forest. Water leakage is another issue.

So things are changing.
nookie188
post Dec 5 2015, 06:30 PM

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QUOTE(accetera @ Dec 5 2015, 05:53 PM)
The sky gardens have some issues as there might not be enough sunlight for the trees to grow into forest. Water leakage is another issue.

So things are changing.
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Exactly my concerns before..the sa insisted at that time it wl b fine..however having said that i will stop short of saying dat it is a failure...as it depends on the final delivery ..maybe some may see that the odds are against it ..but consideration must be given to the buyers as well whose future homes /investment are at stake..

Some write as it they know a lot about property and retail market but behind dat pen could be a young chiku who is probably wearng a hat that is too big for the head..am just saying lah..smile.gif
HarpArtist
post Dec 5 2015, 07:36 PM

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QUOTE(accetera @ Dec 5 2015, 05:53 PM)
The sky gardens have some issues as there might not be enough sunlight for the trees to grow into forest. Water leakage is another issue.

So things are changing.
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boss do you know what change? pity to pay such a premium esp those on garden level if going to be "normal" concept...
Darkknight2010
post Dec 5 2015, 08:18 PM

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QUOTE(HarpArtist @ Dec 5 2015, 07:36 PM)
boss do you know what change? pity to pay such a premium esp those on garden level if going to be "normal" concept...
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Those who paid 65-670psf should be safe. Other purchasers should wave goodbye to their money.

My friend and relative will be the first to dump this shit for 750psf.
Princezz
post Dec 5 2015, 10:13 PM

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QUOTE(Darkknight2010 @ Dec 5 2015, 08:18 PM)
Those who paid 65-670psf should be safe.  Other purchasers should wave goodbye to their money. 

My friend and relative will be the first to dump this shit for 750psf.
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Shit can also worth RM750 psf. Must be damned high class shit. Your friend and relative are so lucky to own the expensive shit. rclxm9.gif rclxm9.gif rclxm9.gif Good that developer discover problems in the lagoon now. Hopefully they are able to rectify the problem. Mah Sing has a reputation to maintain since they have a lot of other on going projects that they are currently marketing. In the current economic situation, many projects are not selling well especially those that are priced above RM900. Anyway hope that bad times are over soon so that everyone can make money from property investment. All the best!
Darkknight2010
post Dec 5 2015, 11:46 PM

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QUOTE(Princezz @ Dec 5 2015, 10:13 PM)
Shit can also worth RM750 psf. Must be damned high class shit. Your friend and relative are so lucky to own the expensive shit.  rclxm9.gif  rclxm9.gif  rclxm9.gif  Good that developer discover problems in the lagoon now. Hopefully they are able to rectify the problem. Mah Sing has a reputation to maintain since they have a lot of other on going projects that they are  currently marketing. In the current economic situation, many projects are not selling well especially those that are priced above RM900. Anyway hope that bad times are over soon so that everyone can make money from property investment. All the best!
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A lot of victims thought it was gold, so lalalum dump it before they realize it is shit. It would be very fortunate if they can dump it for 750psf.
Babizz
post Dec 6 2015, 12:32 AM

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elements rental now 1.6k.. any updates on the occipancy rate? element got 6 month b4 mcity storm d market
TSaccetera
post Dec 6 2015, 12:38 AM

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Sorry can't disclose much. But let's hope it turns out well, which I believe can be done given them some time. The delay is expected.
HarpArtist
post Dec 6 2015, 07:48 AM

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QUOTE(Babizz @ Dec 6 2015, 12:32 AM)
elements rental now 1.6k.. any updates on the occipancy rate? element got 6 month b4 mcity storm d market
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6 mth is optimistic boss
ace77
post Dec 6 2015, 11:08 PM

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QUOTE(HarpArtist @ Dec 6 2015, 07:48 AM)
6 mth is optimistic boss
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I hope they do it good not chasing the time line.
daidzz
post Dec 8 2015, 10:05 AM

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QUOTE(Darkknight2010 @ Dec 5 2015, 12:07 AM)
The retail lots will be empty for the next decade at least.

People will rather go to those shops around ampang point than this M city.

No LAD news from Mah Sing.

We have 3 Towers, Novo, M City, Elements (1570sf auction 910K no bidders, next round maybe 870K), M suites and Astoria along this 500 meter road, and we will see more and more fire sales and auction unit in the market for the next few years.

I am sorry to say that this side of Ampang would never make it.
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Retail lots at M City are 100% taken - tenants to include village grocer.
rclxms.gif
Darkknight2010
post Dec 8 2015, 07:59 PM

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QUOTE(daidzz @ Dec 8 2015, 10:05 AM)
Retail lots at M City are 100% taken - tenants to include village grocer.
rclxms.gif
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Actually how many of those purchasers have been to the site? What do you think of the accessibility? Those from both MRR2 directions as well as ampang baru have to make an illegal and dangerous u turn in Jalan ampang to go to M city, before that they will pass by ampang avenue Korea village, ampang point, giant supermarket, tesco, isn't it too troublesome? Those who come from KL can straight go to M city, but they will drive pass hock choon supermarket, great eastern mall, and of course, traffic jam.

There is a very small access road before flamingo but how many people are aware of this? This access is hardly noticeable and easily missed. Can this tiny access road lead you to M city? Or not? M city have to have something extremely unique to attract the crowd.

I am sure village grocer's management must have taken the above issues into consideration before they decided to open a store in M city? Is M city's survival depending on village grocer? Or village grocer is banking on the residents from elements and M city and future Astoria?

M city is located at the corner of the intersection, very good visibility but almost zero accessibility.

Even village grocer does open a shop there, or whatever shops are opening there, I am afraid many of the purchasers will be upset and disappointed eventually.


daidzz
post Dec 8 2015, 09:02 PM

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QUOTE(Darkknight2010 @ Dec 8 2015, 07:59 PM)
Actually how many of those purchasers have been to the site?  What do you think of the accessibility?  Those from both MRR2 directions as well as ampang baru have to make an illegal and dangerous u turn in Jalan ampang to go to M city, before that they will pass by ampang avenue Korea village, ampang point, giant supermarket, tesco,  isn't it too troublesome?  Those who come from KL can straight go to M city, but they will drive pass hock choon supermarket, great eastern mall, and of course, traffic jam. 

There is a very small access road before flamingo but how many people are aware of this?  This access is hardly noticeable and easily missed.   Can this tiny access road lead you to M city?  Or not?  M city have to have something extremely unique to attract the crowd. 

I am sure village grocer's management must have taken the above issues into consideration before they decided to open a store in M city?  Is M city's survival depending on village grocer?  Or village grocer is banking on the residents from elements and M city  and future Astoria? 

M city is located at the corner of the intersection, very good visibility but almost zero accessibility. 

Even village grocer does open a shop there, or whatever shops are opening there, I am afraid many of the purchasers will be upset and disappointed eventually.
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I'm not sure about you but if i were investing in a shop lot, I would certainly have a decent understanding of the access to the location and an understanding of the surrounding area's demographic. I'm sure they would have done their research too.

I'm not sure if you know the area at all as you are wrong about pretty much all your statements in terms of accessibility. Having lived in the area for over 20 years - i can say for sure that either:
a) if you know how to get around or
b) just use Waze like most people who aren't familiar with the area will..
..it's fairly easy.
If it isn't obvious already (I personally think it is), all the developers need to do is to put up a sign before flamingo hotel saying '<--- M City' to direct the ones who missed the first turning to turn into the second, and indeed larger, road.

1. Those coming from the tesco side of MRR2 would come to the traffic light under the bridge, go across (heading towards flamingo hotel) and may turn left at the first turning - yes this is the small access road you speak of and if it's too difficult to do this [it can be difficult if there are a lot of cars coming from the risda/suzi's corner turning], then there is another big road before flamingo hotel which you can turn into - this leads you right back to either the front or rear entrance of M City. This will be the primary access, I reckon, for MRR2 users.

2. Those coming from Ulu Kelang side of MRR2 can make a LEGAL U-turn at the traffic light (same junction, from the opposite side) parallel to suzi's corner, and take the major turning before flamingo hotel which again, leads right to M City's front and rear entrances.

3. Those coming from ampang baru, or, let's say, from korea town, would just need to go across from Korea town at the intersection (instead of left towards jalan ampang) and take a left at the end (now heading towards ampang puteri) and take another left and you end up at the legal U-turn as situation number 2.

4. Users from KL can either use
i) jalan ampang to get to m-city, which is absolutely fine during non-peak hours/sundays
ii) use jalan ampang hilir to avoid the jam (and you end up in situation 1, at the intersection heading towards suzi's corner)
or, as I prefer
iii) use the AKLEH from the city centre and take the final exit, make a u-turn and you will end up in situation 3 (heading towards ampang puteri) or the penultimate exit and a couple of turns to end up in situation 2.

In addition, the final exit of the DUKE for those coming from hartamas, ttdi, bandar utama side for whatever reason, comes right out onto jalan ulu kelang and you end up in situation number 2.

So i'm not sure exactly what you mean by poor accessibility. I would probably say the complete opposite.

No, M City's survival is likely not to be based on Village grocer, (although it's a big plus) as all the other retail lots have already been taken... I'm not sure how much more evidence you want in terms of the retail lots - though I have some doubts over the high price of the apartment lots (which, mind you, are ~97% sold), if you know this area of ampang at all, the accessibility is actually incredible. Just don't do something silly like try use jalan ampang at 6pm to get to KLCC. Use the AKLEH instead.

This post has been edited by daidzz: Dec 8 2015, 10:27 PM
Darkknight2010
post Dec 8 2015, 09:27 PM

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QUOTE(daidzz @ Dec 8 2015, 09:02 PM)
I'm not sure about you but if i were investing in a shop lot, I would certainly have a decent understanding of the access to the location and an understanding of the surrounding area's demographic. I'm sure they would have done their research too.

I'm not sure if you know the area at all as you are wrong about pretty much all your statements in terms of accessibility. Having lived in the area for over 20 years - i can say for sure that either:
a) if you know how to get around or
b) just use Waze like most people who aren't familiar with the area, will..
..it's fairly easy.
If it isn't obvious already (I personally think it is), all the developers need to do is to put up a sign before flamingo hotel saying '<--- M City' to direct the ones who missed the first turning to turn into the second, and indeed larger, road.

1.  Those coming from the tesco side of MRR2 would come to the traffic light under the bridge, go across (heading towards flamingo hotel) and may turn left at the first turning - yes this is the small access road you speak of and if it's too difficult to do this [it can be difficult if there are a lot of cars coming from the risda/suzi's corner turning], then there is another big road before flamingo hotel which you can turn into which leads you right back to either the front or rear entrance of M City. This will be the primary access, I reckon, for MRR2 users.

2.  Those coming from Ulu Kelang side of MRR2 can make a LEGAL U-turn at the traffic light (same junction, from the opposite side) parallel to suzi's corner, and take the major turning before flamingo hotel which again, leads right to M City's front and rear entrances.

3. Those coming from ampang baru would just need to go across from Korea town at the intersection (instead of left towards jalan ampang) and take a left at the end (now heading towards ampang puteri) and take another left and you end up at the legal U-turn as situation number 2.

4. Users from KL can either use
i) jalan ampang to get to m-city, which is absolutely fine during non-peak hours/sundays
ii) use jalan ampang hilir to avoid the jam (and you end up in situation 1, at the intersection heading towards suzi's corner)
or, as I prefer
iii) use the AKLEH from the city centre and take the final exit to end up in situation 3 (heading towards ampang puteri) or the penultimate exit and a couple of turns to end up in situation 2.

In addition, the final exit of the DUKE for those coming from hartamas, ttdi, bandar utama side for whatever reason, comes right out on jalan ulu kelang and you end up in situation number 2.

So i'm not sure exactly what you mean by poor accessibility. I would probably say the complete opposite.

No, M City's survival is likely not to be based on Village grocer, (although it's a big plus) as all the other retail lots have already been taken... I'm not sure how much more evidence you want in terms of the retail lots - though I have some doubts over the high price of the apartment lots (which, mind you, are ~97% sold), if you know this area of ampang at all, the accessibility is actually incredible. Just don't do something silly like try use jalan ampang at 6pm to get to KLCC. Use the AKLEH instead.
*
Fantastic traffic guidelines for everyone, but there are already enough supermarkets and shops before they spend time studying how to get to M City.

M city just doesn't have what it takes to draw crowd from the already mature malls, supermarkets and shops nearby which situated along jalan AMPANG and MRR2, and they do not need traffic guidelines to reach there, perfect visibility and accessibility.


aberdeen
post Dec 8 2015, 09:29 PM

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QUOTE(daidzz @ Dec 8 2015, 09:02 PM)
I'm not sure about you but if i were investing in a shop lot, I would certainly have a decent understanding of the access to the location and an understanding of the surrounding area's demographic. I'm sure they would have done their research too.

I'm not sure if you know the area at all as you are wrong about pretty much all your statements in terms of accessibility. Having lived in the area for over 20 years - i can say for sure that either:
a) if you know how to get around or
b) just use Waze like most people who aren't familiar with the area will..
..it's fairly easy.
If it isn't obvious already (I personally think it is), all the developers need to do is to put up a sign before flamingo hotel saying '<--- M City' to direct the ones who missed the first turning to turn into the second, and indeed larger, road.

1.  Those coming from the tesco side of MRR2 would come to the traffic light under the bridge, go across (heading towards flamingo hotel) and may turn left at the first turning - yes this is the small access road you speak of and if it's too difficult to do this [it can be difficult if there are a lot of cars coming from the risda/suzi's corner turning], then there is another big road before flamingo hotel which you can turn into which leads you right back to either the front or rear entrance of M City. This will be the primary access, I reckon, for MRR2 users.

2.  Those coming from Ulu Kelang side of MRR2 can make a LEGAL U-turn at the traffic light (same junction, from the opposite side) parallel to suzi's corner, and take the major turning before flamingo hotel which again, leads right to M City's front and rear entrances.

3. Those coming from ampang baru would just need to go across from Korea town at the intersection (instead of left towards jalan ampang) and take a left at the end (now heading towards ampang puteri) and take another left and you end up at the legal U-turn as situation number 2.

4. Users from KL can either use
i) jalan ampang to get to m-city, which is absolutely fine during non-peak hours/sundays
ii) use jalan ampang hilir to avoid the jam (and you end up in situation 1, at the intersection heading towards suzi's corner)
or, as I prefer
iii) use the AKLEH from the city centre and take the final exit to end up in situation 3 (heading towards ampang puteri) or the penultimate exit and a couple of turns to end up in situation 2.

In addition, the final exit of the DUKE for those coming from hartamas, ttdi, bandar utama side for whatever reason, comes right out on jalan ulu kelang and you end up in situation number 2.

So i'm not sure exactly what you mean by poor accessibility. I would probably say the complete opposite.

No, M City's survival is likely not to be based on Village grocer, (although it's a big plus) as all the other retail lots have already been taken... I'm not sure how much more evidence you want in terms of the retail lots - though I have some doubts over the high price of the apartment lots (which, mind you, are ~97% sold), if you know this area of ampang at all, the accessibility is actually incredible. Just don't do something silly like try use jalan ampang at 6pm to get to KLCC. Use the AKLEH instead.
*
daidzz...you are real good in giving directions...brief and clear.

here is a simple map for those who don't know the location....is less than 5km from KLCC
Attached Image

and this is how the retail lots look like when completed...
Attached Image
daidzz
post Dec 8 2015, 10:04 PM

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QUOTE(Darkknight2010 @ Dec 8 2015, 09:27 PM)
Fantastic traffic guidelines for everyone, but there are already enough supermarkets and shops before they spend time studying how to get to M City. 

M city just doesn't have what it takes to draw crowd from the already mature malls, supermarkets and shops nearby which situated along jalan AMPANG and MRR2, and they do not need traffic guidelines to reach there, perfect visibility and accessibility.
*
Now you're changing your argument - first you say that accessibility is poor and now you say that that it has no appeal.
Also, no need to study a route - we are in the 21st century - just type M City into waze if you're unfamiliar with the area. Or look for the enormous building - difficult to miss it.

Mind you although I actually agree to a certain extent that the market for retail lots is saturated, having village grocers located at M-City will be a fairly big plus to the residents of Taman TAR, Ukay Heights and to a certain extent, Ampang Hilir, where majority of residents would fall under the upper-middle to upper class income groups. There are very few upscale grocery stores in the area.
Hock Choon and Jaya Grocers are towards the end of the jalan ampang/jalan tun razak intersection, and village grocers would be an alternative to cold storage at GEM.

This post has been edited by daidzz: Dec 8 2015, 10:12 PM
daidzz
post Dec 8 2015, 10:10 PM

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QUOTE(aberdeen @ Dec 8 2015, 09:29 PM)
daidzz...you are real good in giving directions...brief and clear.

here is a simple map for those who don't know the location....is less than 5km from KLCC
Attached Image

and this is how the retail lots look like when completed...
Attached Image
*
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