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Investment M CITY, JALAN AMPANG [OWNERS' THREAD], Mah Sing presents its most iconic
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BEANCOUNTER
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May 29 2018, 01:21 PM
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QUOTE(icemanfx @ May 29 2018, 11:53 AM) This development was sold at future price. Few buyers are aware of land price in surrounding area and construction cost. Numbers from agents are highly inflated. which development is not sold at future price off plan? if all development are sold at current price, how will subsale market perform?
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BEANCOUNTER
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May 29 2018, 03:28 PM
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QUOTE(icemanfx @ May 29 2018, 01:29 PM) If developer sold at future price, when vp after a few years, there is little margin for price appreciation. Only those blinded by greed believe in more price increase. As for current subsale market, only ignorant buyers bite the perceived price jump. Pls talk to those who bought prior to 2009 n sold b4 2013. There are up n down in property cycle n not as what you deemed all down. Where were u during 2009 to 2013?
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BEANCOUNTER
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May 29 2018, 03:38 PM
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QUOTE(icemanfx @ May 29 2018, 03:32 PM) Cashed out. Property is not the only investment options available. U lost n chou lou? Now became a born again christian to warn ppl?
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BEANCOUNTER
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Jun 2 2018, 11:02 AM
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QUOTE(HELLO HELLO @ Jun 2 2018, 12:20 AM) Price Macam only aiming foreign buyer. start to only build alien 👽 product liao? dunno how banks can turn a blind eyes for 42% discount....unless buyers are buying cash.
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BEANCOUNTER
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Jul 31 2018, 11:09 PM
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QUOTE(langstrasse @ Jul 31 2018, 11:00 PM) Looking at the lelong units here, it appears that many buyers who bought into this project during launch were overly optimistic. Or to use the in vogue term nowadays - "irrationally exuberant". Actually its easier to critic now. But during the launch time the sentiment was different.
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BEANCOUNTER
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Aug 10 2018, 08:53 AM
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QUOTE(AskarPerang @ Aug 9 2018, 12:34 PM) Depending when you buy. If those really early birds entering at 2011, then 550sqft is from 400k. If enter around 2013, already almost 1000 psf the price, so 550sqft is 500k plus. Meaning that now in 2018, you can still get the same price like those ppl buying 7 years ago. And no need pay progressive interest, lost opportunity of time, etc. its whether you want to conceive a child, go thru pregnancy and natural birth and raise it OR just go to orphanage to adopt a 5 yrs old child and called it your own.
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BEANCOUNTER
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Sep 8 2018, 09:21 AM
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QUOTE(ace77 @ Sep 7 2018, 10:39 PM) This Property agent pushing hard for auction. Need to do double homework.. AskadPerang is good guy lah. He just provide info and never expect anything in return. In any senses if you are buying any property u still need to do due diligent anyway. I dun mind people asking stupid question but what i cant stand is some people cant accept that their question is stupid and try to beat you down to their level. This post has been edited by BEANCOUNTER: Sep 8 2018, 09:23 AM
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BEANCOUNTER
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Sep 14 2018, 02:15 PM
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Hear that M city ban airbnb jor.
Market so bad so many lelong units lagi jmb ban airbnb...
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BEANCOUNTER
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Sep 14 2018, 03:49 PM
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QUOTE(mangoproperty @ Sep 14 2018, 03:13 PM) install a lock door to mail room? owner boh pien need to stand by to receive guests? no more self check in.
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BEANCOUNTER
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Oct 17 2018, 09:47 PM
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QUOTE(AskarPerang @ Oct 17 2018, 03:51 PM) No airbnb only. Homestay book outside airbnb platform still can. how management to control Airbnb customers????? knock door at night and ask for IC meh?
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BEANCOUNTER
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Oct 18 2018, 04:37 PM
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QUOTE(noiseemunkee @ Oct 18 2018, 04:27 PM) pasang access door at mail room? haha. thats where normally keys collection and return is. only applicable if yr unit is assigned to bnb operators. they couldnt be bothered to present real time at premises to check you in. but if airbnb is banned, they could be forced to be there to hand key over to airbnb customers. OR owner will be there to pass key. either way, there is no way mght can catch them lah... i even come across an airbnb give advise that IF any person asked you while you stay there, just say you are putting up a night or week with your friend.
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BEANCOUNTER
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Oct 18 2018, 04:49 PM
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looks like all these disrupting biz are having a bad name.
like operating ghostly like...cannon be tai tai fong fong.
Just returned from Bali, the grab operator/driver there macam illegal biz. need to be worried abt where to pick up, where can pick up......and you can only allowed to operate within certain zones.....
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BEANCOUNTER
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Oct 18 2018, 04:52 PM
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QUOTE(leelee1988 @ Oct 18 2018, 04:49 PM) any Lawyer here? can help to translate the termination term below? bit confusing the term it typo or i miss interpret? trying to break the contract with the operator due to delay on the monthly payment. can i say the term below mean if the operator breach on the term(late pay me income) i just have to give them one months notice regardless if he can rectify the issue or pay me the income tomorrow. correct? A Party shall be entitled to terminate this Agreement at any time by giving the other Party Thirty (30) calendar days’ notice in writing if the other Party- (a) Commits any material breach of any of the terms and conditions and/or its representations and warranties, obligations, undertakings or covenants under this Agreement and- (i) Fails to take appropriate steps to remedy such breach (if capable of remedy) within thirty (30) days after given notice to do so by the others Party (ii) Fails to discontinue such breach (if the same be a continuing breach) with in thirty (30) days after being given notice to do so by the other party. contract is meant for someone that read and understand contract and adhere to contract. in reality, its a total different story. yes you can uphold the contract, but there are a lot more things tenant can do to make you suffer like hell.
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BEANCOUNTER
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Nov 19 2018, 09:22 PM
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QUOTE(ATKH @ Nov 19 2018, 05:31 PM) There are few units available due to loan rejected. Tis reason never gets to old to use and reuse again. I like to get 95% loan but stupid banks only willing to give 70%, how? Reject loh
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BEANCOUNTER
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Nov 19 2018, 09:24 PM
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QUOTE(boyslikeboys @ Nov 19 2018, 05:59 PM) Why only m city flooding with lelong units? 1. Developers price was too dear....rendered rent not making enuf for installment payments. Owners cannot play margin. 2. Owners got high cash rebate from developer, hence just throw the unit under lelong.
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BEANCOUNTER
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Nov 19 2018, 09:28 PM
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QUOTE(ATKH @ Nov 19 2018, 09:25 PM) Some buyers buy buy buy but cannot get bank loan amount which they want. Then when ask to fork up the balance, cannot afford it. What to do? Then cancel lo Seriously how long to apply for bank loan? My bank loan get approved within days, not even week. If bank rejected also will be pretty fast. Within week or weeks Now how long tis m city vped already? 2 yrs? Meaning developer still got unsold units after vped.
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BEANCOUNTER
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Nov 19 2018, 09:31 PM
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QUOTE(AskarPerang @ Nov 19 2018, 09:26 PM) Wow. After 2 years project completion. Developer units still fail to sell out. And i heard price on offer not much difference compare to those who get early birds. So anyone here able to make money out of this project? I wander. Yeah..the same unit has been loan rejected multiple times for the past 6 yrs.....haha Might as well just say developer still got units.....why need to paint a picture of 'loan rejected units"?
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BEANCOUNTER
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Nov 20 2018, 12:48 PM
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Good read n very insightful
Thank you askar perang
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BEANCOUNTER
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Nov 20 2018, 05:29 PM
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QUOTE(puchongite @ Nov 20 2018, 05:11 PM) I don't know what place(s) is this. I only hear people say Puchong not for human. And juilai is jam haven....and we are not talking about peanut butter jam...
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BEANCOUNTER
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Nov 23 2018, 03:51 PM
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M city banned airbnb jor...
Not walking to lrt?
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