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

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Darkknight2010
post Dec 9 2015, 12:19 AM

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QUOTE(daidzz @ Dec 8 2015, 10:04 PM)
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.
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I don't know why you think I have changed my argument. My argument is still the same, one of the many negative points which is accessibility cause this M city has little or no appeal. The access roads you mentioned are easily missed, especially after the u turn, not for you but others who needs waze, traffic guidelines. You managed to briefly and clearly described how to get to M city doesn't mean it has good accessibility, it means it's accessibility is not good that's why it needs guides, GPS, Waze etc. Because of the accessibility people will compare this M city with other malls and shop nearby.

To draw the crowd from those malls and shops you have to have something unique in M city, something worth the hassles and they don't mind the troubles to reach M city, something worth giving up the conveniency compare to other malls which have better accessibility, variety of shops and services. There are some fail malls and shops which have much better accessibility in a higher or similar population suburb such as cheras sentral, Scott garden which both fronting major traffic roads. M city?

Some may find it easy to access M city like you, and some find it difficult. How many people know about the small access road and the big road before flamingo? Good accessibility means those like GE mall, ampang point, tesco, if you can get what you want from those places why trouble yourself to go to M city?

It remains to be seen whether village grocer will be opened or not, even if it does, how long would it survive? Other shops? Will they ever be opened?

M city is a development where people will pass by, instead of stopping by.

This post has been edited by Darkknight2010: Dec 9 2015, 12:41 AM
Darkknight2010
post Dec 9 2015, 12:37 AM

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QUOTE(ace77 @ Dec 8 2015, 10:24 PM)
Wow u clearly show who is the one knew the area. Obviously if village grocer investing million here and they do need to the feasibility study. I will be worried if other supermarket operator involved instead village grocer.
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I know you are worrying about your investment but if you purchase in 2011 or early 2012 then you are safe. 650-670psf DIBS and you can get LAD from MS ( if they pay la).

If you buy after 2013 then I am sorry dude, you may have to keep service your loan interest for another year maybe.
Darkknight2010
post Dec 9 2015, 10:09 AM

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QUOTE(Princezz @ Dec 9 2015, 07:13 AM)
Another year? I thought you earlier said more than a decade (10 years) as MCity is a failed project? You sure made investors of MCity looked like fools. Maybe your assessment is right and all of us are fools. Anyway let's see who has the last laugh. When I bought Mah Sing's Garden Residences in Cyberjaya, someone also commented we were fools as there are petrol tanks in the vicinity. Who will buy? We had the last laugh where our profit was almost 50%. Let's see who has the last laugh for MCity. I agree market is soft thus chance may not be as good but MCity is not the only one affected. Many many are. I heard Johore Iskandat for example is even worse. About accessibility of MCity, which place along Jalan Ampang is so easily assessed? My brother in law operates a outlet in GEM, he too complained about assessibilty. Have a great day, my friend...
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Read again dude, definition of delay and empty can be found on google online dictionary.

I said its gonna delay for another year but not 10 years. Most shops will be left empty for decade that's how is gonna be.

SPA signed in August 2011 and further delay, MS never fail to surprise us.

This post has been edited by Darkknight2010: Dec 9 2015, 10:15 AM
Darkknight2010
post Dec 9 2015, 10:13 AM

On my way
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QUOTE(daidzz @ Dec 9 2015, 09:15 AM)
M City does not have poor accessibility considering it has access from the SAME road as great eastern mall, i.e DIRECTLY on jalan ampang.
If you say that GEM has good accessibility I'm unsure why you feel that M City doesn't if it's on the same road.
Furthermore it has ANOTHER two access roads which you may miss but I doubt others will. Would you prefer a direct highway exit into its car park to satisfy your accessibility needs?

I'm unsure about your market knowledge but tesco and giant do not target the same consumers as cold storage and village grocers.
shakehead.gif

"It remains to be seen whether village grocer will be opened or not?" - what are you even talking about?
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Dude, in comparison other malls and shops do not need such troublesome traffic guidelines to reach there, like I said before it is easy for you because you know the area well but not everyone know. To continue this argument will only make myself keep repeating the points I raised in earlier posts. I have my pov and you have yours.

I doubt village grocer will really go ahead and open a store in M city. So we have to wait and see. Why is it so hard to understand? even if it really does open, it may not survive, just like jaya grocer in CHERAS sentral.

This post has been edited by Darkknight2010: Dec 9 2015, 10:32 AM
Darkknight2010
post Dec 9 2015, 10:20 AM

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QUOTE(ace77 @ Dec 9 2015, 09:50 AM)
maybe he knew something which we all dont know or the fellow really have a deep tooth with MS. From the map, i really cant see any issues with M City...

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M city one of the real problems is it is neither here nor there and before people reach M city they already can find what they want and it is not worth the troubles and hassles to get there regardless how hard one try to guide you.

Apart from this there are many more but that's another argument. We may come back before 3016 Christmas and see what happen:)






Darkknight2010
post Dec 9 2015, 07:21 PM

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QUOTE(Princezz @ Dec 9 2015, 06:16 PM)
You called everybody dude....I don't think many here want to associate to a dude like you who don't quite talk sense. I want to bet with you and everyone would agree with me that the statement u made on that MOST SHOPS WILL BE LEFT EMPTY FOR DECADE for MCity is absurd. Most of the shops will be empty for 10 years!!! You are damned ridiculous!! You literally just want to bash MCity, curse it from every angle. From the response of many here, one can judge that u r not objective at all. Anyway, this is my last response to u as I do not want to waste my time. I believe many here share my feeling.
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Sorry if I hurt your feeling but dude, look at plaza AMPANG city, M city will only suffer the same fate. Strata title shops manage by owners won't make it dude. You call me ridiculous but I say I am realistic. The first SPA is signed in May/June 2011 and its is 55 months and counting. Damn shiok!!

Since no negative comments are allow then I am leaving this thread and this is my last response here too. You guys enjoy.




Darkknight2010
post Feb 21 2016, 03:49 PM

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I have friends wanna dump their units (lake facing) at 750psf nego.

Please PM me.

By the way, mah sing is not responding regarding the LAD. I think you have to fight for it, mah sing don't make it easy for you.
Darkknight2010
post Feb 21 2016, 07:11 PM

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QUOTE(ace77 @ Feb 21 2016, 06:06 PM)
There are some agents simply comment and their statement is not true. For buyers, please call direct to avoid these issues.
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750psf is true. PM me to deal.
Darkknight2010
post Feb 21 2016, 07:46 PM

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QUOTE(icemanfx @ Feb 21 2016, 06:42 PM)
Discount from new price or launch price? If discount from new price, how does it compare with launch price?
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Launch price 650psf after rebate, new price about 1500psf, I am giving 50% off new price apa lagi buyers mahu?

We can set spa price 1500psf and give 50% rebate, then you can get cash for renovations and holidays, cantik?

Early buyers get 100psf profit plus LAD, lucky shit.



 

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