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Investment M CITY, JALAN AMPANG [OWNERS' THREAD], Mah Sing presents its most iconic
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ace77
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 Jun 9 2015, 08:11 PM
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QUOTE(nookie188 @ Jun 9 2015, 06:52 PM) though am not a fan of mah sing, I really don't think they will abandon this project.. it will not be in their best interests and they have more to lose abandoning it then completing it This news most likely come from the other competitors of Mah Sing. Especially those nearby developments. However I don't think M City abandoned will do any good for them. Coz the others view will be seriously affected. |
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ace77
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Jul 26 2015, 09:53 AM
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QUOTE(nookie188 @ Jul 25 2015, 09:15 AM) the more discounts given , the more red flags should go up.. no free meal ..esp from developers! They are not the only developer giving discount now. |
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ace77
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Aug 4 2015, 04:07 PM
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QUOTE(aberdeen @ Aug 4 2015, 01:02 PM) Looks very busy working on the podium car park and retail section...but quiet on the floors above... [attachmentid=4689298] On the right is Element...look not bad... haha, most of the time, Element not visible. U got to choose the right angle. Once the other new building complete, element will be the hidden element. This post has been edited by ace77: Aug 4 2015, 04:07 PM |
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ace77
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Aug 14 2015, 11:25 PM
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QUOTE(Babizz @ Aug 14 2015, 09:57 PM) 3 yrs n still bank rejected units.. nearby rental rm1.5k installment 2.5k.. before all the new units coming up.. progress aso slow.. The project will be delay till end of the year. LAD is coming.. Haha By the way, invest in M City if got good value, anytime better than the hidden element |
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ace77
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Aug 15 2015, 05:28 PM
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QUOTE(kinnasai @ Aug 15 2015, 04:01 PM) The fellow is the SA from the next project ?? |
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ace77
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Aug 16 2015, 10:34 AM
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QUOTE(kepongA @ Aug 16 2015, 08:51 AM) Was there special package for great eastern insurance agents?? My agent bought one which is more expensive psf than mine I got at mk a year later. I was thinking did I missed an opportunity but the nagging doubt was the high price and the high density. Actually rental insufficient to cover will be more apparent in 2014 and 2015 launches as too many option available and price increase. Coupled with that, many new investors went in. However for m suite, unless u are very late buyers, those earlier buyers would have money. The same stories happen else where too. |
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ace77
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Aug 16 2015, 10:39 AM
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[quote=Darkknight2010,Aug 16 2015, 01:10 AM] There are many great eastern insurance agents bleeding blood paying bank loans for their M suites and element Ampang. Rental can only cover half or 70% of the loan repayment. Many owners sweating and losing sleep in mid night, grow grey hair and high blood pressure. M city SPA signed in 2011 and now looks like half abandon. Little or no progress in these 2 years, an eyesore in ampang area. Price start from 670psf now over 1000psf give 30% rebates also can't sell. If the above not scary enough then you are very adventurous. Please buy more and let this silly development completed and help ampang looks better in Google map. [/quot M city will late in completion but at least u will be compensated. Some other developer might even nego with buyers. |
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ace77
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Aug 17 2015, 05:05 PM
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QUOTE(kyun @ Aug 17 2015, 08:12 AM) When the building is stalling, after signing SPA and LO, you're paying every month for the interest. Like now M-City at 80-90% progress, buyer is paying over RM3k for the interest. If mah sing stalls for 2 years, a buyer will pay for RM80k for nothing. So the rebate means nothing. I would rather burn the RM1k booking if I manage to escape now. M-City is really an over-rated building. Sky-bridge is nothing but a gimmick. thank you for your constructing suggestion and calculation. This really show you are a seasonal investor. |
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ace77
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Aug 19 2015, 04:00 PM
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QUOTE(LMN9997 @ Aug 19 2015, 02:20 PM) launching were around 800-1000 depending on unit. Now hovering around 1000-1200 actually. But still not making money after 4-5yrs. Sucks big time really. Once M City Vped, elements rental can still hold?? Haha..  |
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ace77
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Aug 19 2015, 04:15 PM
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QUOTE(Darkknight2010 @ Aug 19 2015, 04:10 PM) M city VP? When? 2020? Elements owners have 5 years to dispose your garbage. haha.. i hope it is 2020 la but then end of year is the estimation and office feedback. |
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ace77
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Aug 20 2015, 11:37 PM
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QUOTE(AMINT @ Aug 19 2015, 11:51 PM) Hahaha. I feel like laughing when i read m city owners' comments here. If u think elements is not doing ok, but on the other hand think mcity will be totally different, 180 degrees turn, many people including ahmad maslan will be laughing. I also want to laugh when element owner believe m city rental will be bad and it will not affect them. |
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ace77
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Aug 21 2015, 10:34 AM
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QUOTE(Babizz @ Aug 21 2015, 08:41 AM) the point is if M City suffer, Element also affected. It is nothing new for developer to offer as market is bad. SEG, Sunway, IGB, IJM, or others also doing the same. As M City only left with small no of units, it is the logical for developer to do so. Anyhow, i just dont see Element will have a better roadmap ahead once other project complete la... It will be a HIDDEN ELEMENT. |
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ace77
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Aug 21 2015, 05:16 PM
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QUOTE(AMINT @ Aug 21 2015, 11:03 AM) Haha. Jangan la terasa, kawan. Most elements owners i know already acknowledged that the rental around the area will be bad because too much supply. Less demand. Cheers CHEERS |
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ace77
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Aug 28 2015, 11:15 AM
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QUOTE(mthc @ Aug 28 2015, 12:22 AM) HAHAHAHHAHAA HAHAHAHA!! Boss.... this statement really just won the BEST AWARS in lowyat. Seriously damn good!! I really couldn't agree more with you!! well done. |
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ace77
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Aug 29 2015, 10:38 PM
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QUOTE(kyun @ Aug 29 2015, 01:38 AM) After the "Bank Lelong" signs posted all along the Ampang street once VP made available, the next best business might be the psychiatrists opened along this area. Many poor souls would be seeking medical advice to avoid seeing the monthly huge bank bills mailed to them which they would rather trade their lives for the mistake made few years back, how they wish if there's a button for them to push and restart from babyhood. Also they most probably are hoping to escape from the insomnia due to the guilt of turning their family hard earned money into something slightly above the value of some garbage junk bonds. Yes, I'm being rather sarcastic. I made mistakes too. But at least I am not begging for a restart button in my life. Are u one of m city buyer? |
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ace77
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Aug 30 2015, 02:02 PM
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QUOTE(nexona88 @ Aug 29 2015, 10:47 PM) He trying very hard to be like pro. |
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ace77
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Aug 30 2015, 09:18 PM
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QUOTE(neonikson1 @ Aug 30 2015, 02:53 PM) I always try to avoid mah sing's project, don't know why, but i have a perception of low quality associated with MS. May be i am bias. Any taigor & taije here can share their experience on the quality of MS's property? i only invest for profit only. If u so insist on quality, MS is not the best and also not the worst. There are others many times lousy than MS and yet those investors love them crazy. Cos them make money. |
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ace77
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Sep 1 2015, 09:15 AM
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QUOTE(neonikson1 @ Aug 31 2015, 09:53 AM) thanks for sharing! Yep i agree for investment wise MS is alright. But for own stay probably not. i am currently staying MS products and i dont find any problems with that. In fact, if u really concern on quality, there are lots more worst than MS outside. At least in MS, they respond to you. |
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ace77
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Sep 1 2015, 09:46 AM
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QUOTE(nookie188 @ Sep 1 2015, 09:29 AM) generally I would think low expectations from the buyers give developers loads of opportunities to deliver products that are below par.. i dont think the statement applied to all. I have my own quality and i do find MS quality is not bad. |
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ace77
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Sep 2 2015, 05:17 PM
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QUOTE(HarpArtist @ Sep 1 2015, 10:12 PM) Iwil repeat the old story of icorn@TR, heard the office of the boss of huawae keeps leaking without solution, to the point that he now has his office in troika. thank god, u have not heard the stories of ED and EC. |
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