Investment M CITY, JALAN AMPANG [OWNERS' THREAD], Mah Sing presents its most iconic
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 Aug 16 2015, 12:47 AM
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#41
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All Stars
12,523 posts Joined: Feb 2013 
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QUOTE(nexona88 @ Aug 15 2015, 03:32 AM) maybe because of high supply n density betul betul.. now oso only 1k units n cant absorb..   what will happen when M City, arte, astoria n duno what else comes to this part of town? |
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Aug 16 2015, 12:55 AM
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#42
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All Stars
12,523 posts Joined: Feb 2013
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Updated Density in the area:
M City got 1500 units+commercial over 4.95 acres, elements 1000 units over 2.7 acres, arte 1163 over 2 acres, astoria 1216 units over 5.7 acres, reizz residence 495 units over duno how many acres.. Total: 5495 units over 15 acres (excl reizz). All this numbers are excluding D Rapport's 1.1k units fr phase 1 alone, 3 towers 512 units, novo ampang's 421 and the likes... Wishing investors ALL THE BEST  This post has been edited by Babizz: Aug 16 2015, 01:07 AM |
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Aug 16 2015, 01:23 AM
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#43
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(owj @ Aug 15 2015, 11:06 AM) Malton is coming in too right? It may help with Pavilion branding here? by the time u wait for pavi or high dense apartment as backup plan, maybe u retired n bankrap already.. QUOTE(Darkknight2010 @ Aug 15 2015, 11:10 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 suites launching 800psf in 2010 today still 800-900 psf.. in tht 5 yrs most other props double. whats the future here?? 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.  elements studio rental below 1.5k for partly furnish  This post has been edited by Babizz: Aug 16 2015, 01:26 AM |
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Aug 16 2015, 03:42 PM
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#44
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(nookie188 @ Aug 16 2015, 01:07 AM) on top of that curved balls coming from left right and centre from the country's administration, its no wonder its becoming a very slippery slope for many .. quote from EPBT's website! btw, M City mana ada 1500 units?? less than 600 units .. 1-6 c) FASA 3 - SOHO (421 UNIT) 30 TINGKAT DARI TINGKAT 7 – 36 d) FASA 4 - PANGSAPURI SERVIS (566 UNIT) 30 TINGKAT DARI TINGKAT 7 – 36 e) FASA 5 - PANGSAPURI SERVIS (566 UNIT) 30 TINGKAT DARI TINGKAT 7 – 36 BESERTA KEMUDAHAN PENDUDUK DAN 2 PONDOK PENGAWAL DI ATAS LOT 82, 264, 265 & 11276, MUKIM AMPANG, JALAN AMPANG, KUALA LUMPUR oleh TETUAN OASIS GARDEN DEVELOPMENT SDN BHD, WISMA MAH SING, PENTHOUSE SUITE 2, NO.163, JALAN SUNGAI BESI, 57100 KUALA LUMPUR TEL 03-92216888 di Dewan Bandaraya Kuala Lumpur 2 MENARA PANGSAPURI SERVIS (1131) DAN SOHO (421 UNIT) 30 TINGKAT DARI TINGKAT 7 HINGGA TINGKAT 36 DI ATAS LOT 82, 264, 265 & 11276, MUKIM AMPANG, JALAN AMPANG, KUALA LUMPUR oleh TETUAN OASIS GARDEN DEVELOPMENT SDN BHD, WISMA MAH SING, PENTHOUSE SUITE 2, NO.163, JALAN SUNGAI BESI, 57100 KUALA LUMPUR TEL 03-92216888 di Dewan Bandaraya Kuala Lumpur This post has been edited by Babizz: Aug 16 2015, 03:48 PM |
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Aug 17 2015, 08:50 AM
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#45
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(Tsuto @ Aug 15 2015, 09:20 PM) I dont get it.. thought rental cannot cover instalment already happen everywhere...why only jln ampang? when he spoke about rental cnt cover installment.. he is tokig abt those who bought in 2010-2012 for m suite/elements when most other props during this period can cover installment now..  Any mahsiao fansi (staff actually) can answer why d progress so slow This post has been edited by Babizz: Aug 17 2015, 08:56 AM |
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Aug 21 2015, 08:41 AM
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#46
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(ace77 @ Aug 20 2015, 09:37 AM) I also want to laugh when element owner believe m city rental will be bad and it will not affect them. both will be affected n element tenant might run across but to bliv tht m city will even do OK is  Remember ah, element entry price is much lower n they can sell it off with no rpgt when VP.. on the other hand M City entry price n current selling price is not much different.. every week new package for m city n aiyor guys sure la more than 10 units left or not wont spam KLCC penthouse  |
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Aug 21 2015, 10:34 PM
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#47
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(LMN9997 @ Aug 20 2015, 10:05 PM) wonder why they keep on building studio, small apartment (which is already over supply) but not offices and commercial buildings. The over supply at Jln Ampang is really worrying. easier to sell studio n cuci tangan lor.. office (esp small units) n retail in KV is very oversupplied.. if any developer hold land here best to wait 5-10 yrs or sell off.. |
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Sep 7 2015, 07:31 AM
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#48
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All Stars
12,523 posts Joined: Feb 2013
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Last unit available for so many months.. mus be very hard to even sell 1 unit here...
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Sep 23 2015, 06:49 PM
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#49
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All Stars
12,523 posts Joined: Feb 2013
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jus passby..high floor belum siap..
8-12 months time VP |
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Sep 26 2015, 12:31 AM
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#50
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All Stars
12,523 posts Joined: Feb 2013
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if all 3 towers VP one shot with more than 1.5k units, sibeh huat liao for those looking for cheap rental near d city.. 1.3k Partly furnished?
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Oct 21 2015, 07:20 AM
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#51
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(HarpArtist @ Oct 20 2015, 04:32 PM) that's pure speculation isnt ampang park d citibank station? n wouldnt that be like 4-5km away? |
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Oct 21 2015, 10:43 AM
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#52
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(syahidie @ Oct 20 2015, 08:07 PM) Yes bro, not too closed and not too far. Gov will robohkan ampang park to build underground mrt station there that 5km can take more than 30mins..once u r thr no need lrt d as u are already in town n parking thr is exp!! |
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Oct 24 2015, 12:53 PM
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#53
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(mrlovesmrs21 @ Oct 23 2015, 06:50 PM) Plannin to buy MCity for my first house staying. A small unit. 2 rooms. Its about RM 1 million. But do you all think, with RM 1 million, buying a larger unit like double storey is better? why dnt u jus buy subsale elements? most of yr questions cn be answered in d few pages before... |
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Dec 6 2015, 12:32 AM
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#54
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All Stars
12,523 posts Joined: Feb 2013
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elements rental now 1.6k.. any updates on the occipancy rate? element got 6 month b4 mcity storm d market
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Dec 18 2015, 06:43 PM
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#55
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All Stars
12,523 posts Joined: Feb 2013
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looks very scarry n high dense..either way i liks to see MS agents come here n say wait 2018 price up, holding power etc..
Go ask elements buyer abt rental n holding power |
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Dec 20 2015, 12:53 PM
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#56
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All Stars
12,523 posts Joined: Feb 2013
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wait until which mrt finish?? mrt3 minimum 10yrs frm now..will start after mrt2...
10yrs u hold 1m prop u lose 150k if no tenant |
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Feb 21 2016, 07:21 PM
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#57
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(azeL_Inc @ Feb 21 2016, 04:49 AM) I have no idea on the launch price, quoted around 1.46mil for 977 sqft, before disc u can buy 750psf from darknight.. either way buy this only for ownstay.. investment here is a BIG NO NO  |
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Feb 21 2016, 09:34 PM
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#58
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(azeL_Inc @ Feb 21 2016, 06:30 AM) Interesting, why's so? Who wants to rent from u? whats the occupancy, rental n selling price of surrounding condos? Whats the amount of incoming svc apartments in the area?Agreed, if quality isn't that good, I would say for investment is better than own stay? Haha |
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Mar 7 2016, 09:00 PM
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#59
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All Stars
12,523 posts Joined: Feb 2013
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Now msia so hot, m city will absorb all the heat
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Jul 26 2016, 08:02 PM
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#60
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All Stars
12,523 posts Joined: Feb 2013
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any news on the elements auction unit 3 rounds no taker 498k?
Do update here if any1 buys this time around |
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