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

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odieboy
post Oct 9 2015, 07:23 PM

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QUOTE(Tigerr @ Oct 9 2015, 06:33 PM)
Don't be surprise.  How many investors ll want to stay there if can't rent out. Rich investors won't bother if no tenants but how many rich investors there. We shall see....
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But at SnP price at less than RM700psf....even no tenant temporarily also unlikely anyone will sell. Let's wait and see. At most another year, we will see. If retail gets good tenants, at that time, I will be laughing...hee..hee
Tigerr
post Oct 9 2015, 07:54 PM

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QUOTE(odieboy @ Oct 9 2015, 07:23 PM)
But at SnP price at less than RM700psf....even no tenant temporarily also unlikely anyone will sell. Let's wait and see. At most another year, we will see. If retail gets good tenants, at that time, I will be laughing...hee..hee
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Hope it not turn out to be the pak hitam renderzous place....tongue.gif
ace77
post Oct 9 2015, 11:40 PM

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QUOTE(Tigerr @ Oct 9 2015, 07:54 PM)
Hope it not turn out to be the pak hitam renderzous place....tongue.gif
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Pak hitam sure go neighbour condo first Ka. Cheaper MA. Anyway they are there already

gtfan
post Oct 10 2015, 11:31 AM

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The area is pretty strategic. Can capture the Koreans and middle easterners. Question is with so many units from elements and mcity, do we have enough expats to absorb the supply? Only time will tell smile.gif
Clement1001
post Oct 10 2015, 11:41 AM

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Pass by this project few days ago, feel like the minimum requirement of offset between the land boundary and perimeter building was sacrificed in order to maximize the building area.
nookie188
post Oct 10 2015, 12:18 PM

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QUOTE(Clement1001 @ Oct 10 2015, 11:41 AM)
Pass by this project few days ago, feel like the minimum requirement of offset between the land boundary and perimeter building was sacrificed in order to maximize the building area.
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yup good observation..

the proximity to the MRRI on the right side of the building is mind boggling..imagine the noise day in day out for the units closest to it..
ryanlam87
post Oct 11 2015, 09:17 PM

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From the pic air con is up already!
nexona88
post Oct 11 2015, 10:00 PM

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QUOTE(Clement1001 @ Oct 10 2015, 11:41 AM)
Pass by this project few days ago, feel like the minimum requirement of offset between the land boundary and perimeter building was sacrificed in order to maximize the building area.
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why I'm not surprise by the discovery yawn.gif sweat.gif
wil-i-am
post Oct 11 2015, 10:07 PM

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When is the VP?
ryanlam87
post Oct 13 2015, 11:03 AM

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Called them up and was told that block 1 is suppose to be VP this month. But was delay, and targeted to be end of year. They did mentioned that they have applied for Certificate to vacant procession so have to wait for the approval.

QUOTE(wil-i-am @ Oct 11 2015, 10:07 PM)
When is the VP?
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wil-i-am
post Oct 13 2015, 12:35 PM

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QUOTE(ryanlam87 @ Oct 13 2015, 11:03 AM)
Called them up and was told that block 1 is suppose to be VP this month. But was delay, and targeted to be end of year. They did mentioned that they have applied for Certificate to vacant procession so have to wait for the approval.
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Can smell the aroma of LAD alredy brows.gif
gks
post Oct 13 2015, 01:09 PM

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QUOTE(ryanlam87 @ Oct 13 2015, 11:03 AM)
Called them up and was told that block 1 is suppose to be VP this month. But was delay, and targeted to be end of year. They did mentioned that they have applied for Certificate to vacant procession so have to wait for the approval.
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If MS can deliver VP + CCC by end of this year, i will not surprise with Mammoth Empire style delivery.
Darkknight2010
post Oct 13 2015, 01:23 PM

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QUOTE(gks @ Oct 13 2015, 01:09 PM)
If MS can deliver VP + CCC by end of this year, i will not surprise with Mammoth Empire style delivery.
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This is the new trend. VP without electricity, water and can see cranes moving around, workers roaming in site, damn shiok!
nexona88
post Oct 13 2015, 01:34 PM

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QUOTE(Darkknight2010 @ Oct 13 2015, 01:23 PM)
This is the new trend.  VP without electricity, water and can see cranes moving around, workers roaming in site, damn shiok!
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not shiok at all shakehead.gif doh.gif
kyun
post Oct 14 2015, 11:15 AM

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This thread started on 4 Nov 2010.
In another 3 weeks, it will celebrate its 5-year-old birthday. And there are buyers still talking whether to purchase or not... seriously.

And glad (sarcastically) to see that, it started from RM390k+ evolving to RM700k+ (the smallest unit) during the past 5 years.

And it finally had the phase done at 80%+, after 5 years...Wow!

Buyers are now enjoying (or 'suffering') at RM2k+ - RM3k interest paid every month with zero cent deduction to its loan original amount.
A year equals to RM30k-RM40k, paid to banks, with loan amount untouched (even single cent).

Really fascinating. Really mind blowing.
Msia property market really had boomed and gloriously grown in the past few years. No wonder all agents driving luxury benz and bmw.
kyun
post Oct 14 2015, 11:28 AM

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A friend told me. She has insider source, which is relatively reliable and trustable.
Heard that 5% are the commissions...

1% to head, 1% to supervisor, 1% to attached realtor company (don't know what that means...) 2% to agent.

If the agent managed to sell 1 house at RM1mil+ every 2 months,
he/she will get at least RM20k for that, equaling to more than RM120k a year.

Selling only 6 houses goyang kaki in a year, and he/she will earn more than most senior managers in this country.

And it's common for the supervisors earning like RM200k-RM400k a month, while the head earning over RM1-2 million a month, as commissions.

Wow. I still find this hard to digest.
Seriously?

This post has been edited by kyun: Oct 14 2015, 11:31 AM
kochin
post Oct 14 2015, 11:41 AM

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QUOTE(kyun @ Oct 14 2015, 11:15 AM)
This thread started on 4 Nov 2010.
In another 3 weeks, it will celebrate its 5-year-old birthday. And there are buyers still talking whether to purchase or not... seriously.

And glad (sarcastically) to see that, it started from RM390k+ evolving to RM700k+ (the smallest unit) during the past 5 years.

And it finally had the phase done at 80%+, after 5 years...Wow!

Buyers are now enjoying (or 'suffering') at RM2k+ - RM3k interest paid every month with zero cent deduction to its loan original amount.
A year equals to RM30k-RM40k, paid to banks, with loan amount untouched (even single cent).

Really fascinating. Really mind blowing.
Msia property market really had boomed and gloriously grown in the past few years. No wonder all agents driving luxury benz and bmw.
*
Very interesting summary.
Original spa, was for how many months completion?
If you could provide an equal summary of elements, that would be great.
Cheers.
nexona88
post Oct 14 2015, 01:14 PM

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QUOTE(kyun @ Oct 14 2015, 11:28 AM)
A friend told me. She has insider source, which is relatively reliable and trustable.
Heard that 5% are the commissions...

1% to head, 1% to supervisor, 1% to attached realtor company (don't know what that means...) 2% to agent.

If the agent managed to sell 1 house at RM1mil+ every 2 months,
he/she will get at least RM20k for that, equaling to more than RM120k a year.

Selling only 6 houses goyang kaki in a year, and he/she will earn more than most senior managers in this country.

And it's common for the supervisors earning like RM200k-RM400k a month, while the head earning over RM1-2 million a month, as commissions.

Wow. I still find this hard to digest.
Seriously?
*
wow rclxms.gif no wonder my mom friend son work as agent can have such luxury life ohmy.gif
ChuiChuiShui
post Oct 14 2015, 07:14 PM

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QUOTE(nexona88 @ Oct 14 2015, 01:14 PM)
wow  rclxms.gif  no wonder my mom friend son work as agent can have such luxury life  ohmy.gif
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Boss, cnt beat them..join them rclxms.gif
But it does happened to my fren as well. Not long after joined as SA, change car, change watch... really so great earning or "pretend fat"? brows.gif
ace77
post Oct 15 2015, 12:18 AM

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QUOTE(kyun @ Oct 14 2015, 11:15 AM)
This thread started on 4 Nov 2010.
In another 3 weeks, it will celebrate its 5-year-old birthday. And there are buyers still talking whether to purchase or not... seriously.

And glad (sarcastically) to see that, it started from RM390k+ evolving to RM700k+ (the smallest unit) during the past 5 years.

And it finally had the phase done at 80%+, after 5 years...Wow!

Buyers are now enjoying (or 'suffering') at RM2k+ - RM3k interest paid every month with zero cent deduction to its loan original amount.
A year equals to RM30k-RM40k, paid to banks, with loan amount untouched (even single cent).

Really fascinating. Really mind blowing.
Msia property market really had boomed and gloriously grown in the past few years. No wonder all agents driving luxury benz and bmw.
*
Are u a buyer? I am a buyer as I did not pay anything nor servicing any interest till today.




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