WoW



Source: Mah Sing Group Bhd
Project Website: http://www.m-city.com.my



The most exciting Garden City development to arrive in Jalan Ampang

The cutting-edge architectural design is so amazing.

M City Jalan Ampang will be a niche project comprising serviced residences, SoHo, Sky Villas and boutique retail outlets. There are plans for a landscaped deck on the 8th floor which will also house amenities such as a swimming pool, gym and various other facilities. There are 2 levels of basement as well as 7 levels of podium car parks for the convenience of residents, tenants and visitors.

The sub-component of M city are :-

•Residential suites
◦Studio (500sq.ft)
◦1 Bedroom suite (680sq.ft)
◦2 Bedroom suite (870sq.ft)
◦3+1 Bedroom suite (1,560sq.ft)
◦3+1 Bedroom Duplex (1,786sq.ft)

•Designer SOHO
◦Designer SOHO (700sq.ft)
◦Designer SOHO (1,000sq.ft)
◦Duplex SOHO (750sq.ft)
◦Duplex SOHO (1,270sq.ft)

•Sky Villas
◦4+1 Bedroom (From 2,150sq.ft onwards)

•Boutique Retail
◦Retail lots 28’ x 78’








This post has been edited by accetera: May 22 2017, 11:07 AM

wow it is really cutting edge in deed...
i m sure......but so far for these cutting edge highrise by MS...have not seen a finish built one....

any iconic MS highrise that are built????

this will cost a bomb >.<

according to website, the price is starting from 390k+

Now open for registration.

Judging from the picture, the location will just sit right next to 2 flyover. The Plaza Ampang City is a dead complex and not to mention Risda building.

plaza ampang and risda is undergoing redevelopment next year...

And i just realise that this project is just almost side by side with "The Elements" http://theelements.com.my/ So which is the better buy for investment within 3 to 4 years time..??

RM800psf ?
investors still BBB mode now?

i think BBB wave is reduced abit...
cos BBB now, later dunno how to SSS.....30% cash outlay is quite a deterrent.....

This is a nice project with a nice location. Have the project kick-off?

Mah Sing just announced the land acquisition of land few days ago. Yesterday Mah Sing announced issuance of another round of BONDS.

For now, probably they would have to pay 10% deposit for the land... until few more months. They also need shareholder approval for the land acquisition in coming months.

In the meantime, they need people to register their interest first.

This post has been edited by accetera: Nov 5 2010, 04:44 PM

is this freehold?

Yes it is..??

Gluppp....million dollar talk

Too many studios and sohos. Going to have problem finding tenants later. Flipping also same

This post has been edited by airline: Nov 9 2010, 08:22 AM

kinda agree with what airline says

Worth to invest? I think I rather wait for a couple of years then only decide. Subsales might be cheaper during that time if our property price going for a round of correction.

hmm..looking at the location, not so keen actually..price wise..i believe will still have slightly adjustment..as what normally MS ppl do..hehe..

dis whole area will receive a skyline shock with an evil-ish looking tower

This post has been edited by accetera: Nov 10 2010, 11:32 PM

Agreed

i love the design. is awesome

got a feeling this TMS will price the project 5 yrs ahead
personally will not touch TMS

i think still under proposal stage...



This post has been edited by accetera: Nov 26 2010, 05:44 PM

i got sms the soho and retail shops will be launch first.

They have been talking and advertising this project for so long, its still not on sale yet??

got sms at 1.37pm said will be previewing VERY SOON

probably because they want to 'catch up' with Element@Ampang

personally, i think M-city wins.
1. better design
2. more layout options
3. developer branding and image (comparable but i still give TMS the edge)
4. innovations and features
5. commercial aspect and amenities

elements have guaranteed scheme but at 6% might not be attractive enough and not long enough too (2 years only wor).

m-city could be launching days after elements just to find out element real pricing.

Wonder why there is so little response for this property. Is it because of the price? I wonder.

Guys,

Where to register and show interest ya?

Goodness...Tried calling the SA by name of Eric 0122886578 reg M city as advertise today in Stars. Saw in the ad written pay 5k and nothing more till completion so itchy and called the SA.
To my surprise he makes himself sound damm busy over d phone and hang up b4 I could ask anything.. Damm rude for a SA. Makes Mah sing sounds like a company who dont take their customer seriously...

Try and call this fella la...See whats ur feedback.

So lansi, don't give business to TMS la...

Is this area convenient to makan2 walking distance ?

Mah Sing being a lansi developer is well known already. Just google to find out more horror stories. These developers know their project will be high in demand therefore they are not too concerned about loosing your business. There are many others who are ready to take your place. I'm not saying that you should accept that, but sadly it's how they operate.

One day i was at garden residence & the salesman quite helpful, then their tan sri arrived. So thats why ..

Wah if this *** nia sing company so lansi and look down on people like us who sweat out for our money, we can go to other developer who appreciate our duit halal la..

so at the end.. u decide go for it ?

Wont get my sweat or halal money...

Anyway their advert for 5k deposit and pay nothing till complete is bullshit. It is actually for the unsold units in M suites

oh i see... but this design quite cool...

U buy la bro.. I tahan and shoot properly la at other project..A lot more coming bro...

Bro.. mind share with me more wat projects? thanks

I think u should know better than me...Ur more active in property section than me

This post has been edited by henryhing: Apr 9 2011, 10:24 AM

Any 1 interested in bulk purchase of this M-City? Apart from the lower price-points, the key is having the privilege to choose desireable units ahead of the rest.. pls pm me by today..

Preview planned for this Friday, some preliminary details are appended (subject to change). The expected launch is very close to the published indicative pricing, a bit of a surprise here..

Summary..

- Total Abt 1,800 Units @ 4.96 Acres
- Strata Freehold
- 10:90 DIBS
- Early-Bird Discount (Cash Rebate)
- Booking RM30,000
- VIP M-Club & Staff Preview Booking - Target 20th May 2011, Friday

Indicative Price Extracted From Website..

- Studio (500sqf) From RM398,800
- 1 Bedroom (680sqf) From RM510,800
- 2 Bedrooms (870sqf) From RM608,800
- 3+1 Bedrooms (1,560sqf) From RM1,015,800
- 3+1 Bedrooms Duplex (1,786sqf) From RM1,070,800
- Designer SoHo (700sqf) From RM528,800
- Designer SoHo (1,000sqf) From RM688,800
- SoHo Duplex (750sqf) From RM568,800
- SoHo Duplex (1,270sqf) From RM828,800
- Sky Villa 4+1 Bedrooms (> 2,150sqf) From RM2.5mil
- 3-Storey Boutique Retail [Individual Floor Strata, Enbloc Sale] (28*78) From RM1,600,000

------------------

1st Phase Preview - SoHo Block (423 Units)

- 731sqf Designer SoHo - 231 Units
- 1,050sqf Designer SoHo - 60 Units
- 800sqf Duplex SoHo - 98 Units
- 1,300sqf Duplex SoHo - 30 Units
- 4,213sqf Sky Villa - 4 Units

This post has been edited by properganda: May 17 2011, 06:05 PM

I believe this should be better than M Suites. M City's green concept is very nice and with retail or a mall below, this project will do very well if Mah Sing is able to attract high end tenants. With so many phases or units, the early birds will definitely have huge paper gains knowing Mah Sing.

wow...1800 units

---

Added on May 17, 2011, 7:46 pmwow...embassy row will be flooded with
M-suite(how many units?),
Element (1000++ unit),
Olive 108(how many units?)
M-City (1800 ++ unit)...

3 years down the road...very competitive...

This post has been edited by GlobalKL: May 17 2011, 07:46 PM

Are the retail lots available for purchase or are they for internal bookings only. I am interested in this.

exactly.. the enormous paper gains for the 1st movers is synonymous to mah sing..

---

Added on May 17, 2011, 9:28 pmthe higher the number of units, the longer the race for the early-bird to build their margin.. the staged increase has to be introduced very cautiously so that, by the time of the final phase, there shudn't be many left-overs..

usually, when the 1st launch is priced correctly, the momentum from the response shud carry it throughout the lifespan of the project.. otherwise, it shud be screwed from the very begining, like their icon mk.. but in overall, ther're still a leader in pricing strategy.. hence the followers..

This post has been edited by properganda: May 17 2011, 09:29 PM

Heard M City got few thousand registrants already, if can book before the thousands of registrants, that would be great

Preview has been postponed to next week to coincide with the showroom's completion.

The early-bird registrants should have started to receive teasers thru email / sms today with invitation to view the SoHo showunit next week.

For those who pm'ed me, I am just 1 of the buyers in the group, hope it clarifies. Meanwhile, I hv already responded / shared some information that was passed down to our group.

For the benefit of the forumers, some very brief information on the SoHo units.

- Partially furnished, equipped for residential use
- Each unit comes with 1 carpark
- Sizes hv been adjusted upwards respectively for all types (vs the indicatives), smallest SoHo seem to be the single < 800 sqf

That's all for now.

Cheers!

I'm really interested with this property. Especially the duplex soho. However, two weeks ago i had a training at lanson place jalan ampang. I notice few developments ongoing, few soon to be. Olive 108', m suites, elements and m city. A lot of empty parcels too, or car park or car dealers which is very high potential for future dev. datum is nearby too.

M juz wondering, when all of this dev finished, there will be thousands and thousands of units available for rent, for sale. Will e investor will be able to secure buyer/tenant easily or competitively since there's so much to choose from. Supply over demand, will it happen? M newb in property.

Since u r one of the buyer, mind sharing your analysis? Thanks in advance.

The answer is obvious, all those u mentioned, are pre-dominantly service apartments, albeit being the smallish units. For M-City, my play would be the SoHo's.. and the potential landmark status..

Those along the Embassy Row are in a way, trying to be KLCC wannabe or at least, attempting to take a slice of it.. but somehow, the distance is counter-productive, which is neither here nor there IMHO. The depth of it reveals that, though some may argue the location is less prime than those before GE Mall, it's actually the most strategic to feed the lack of such rendering class along the AKLEH, MRR2 stretch while sitting on the prime Jalan Ampang postcode.

The commercials in M-City is sizeable to serve especially those affluent landed G&Gs along the Ulu Kelang / Melawati, for those not wanting to shop to shoot all the way to KLCC. My advice to the developer is to rope in quality retail tenants.., e.g. Cold Storage will do well and spare a bit of effort to attract the Korean Villagers across One Ampang, although it should not be overdone, just the right mix if you know what i mean..

In each of the developments you mentioned, here's the main turn-off for me..

+ Olive 108, leasehold, price to premium where it should be at discount due to untested developer, in fact risky
+ M-Suites, dated design, too small to have any significant cap momentum in the mid-longer run
+ Elements, there's no commercial component to drive the value, smallest 610 sqf studios, possibly may die standing once M-City's 500+ sqf comes on board especially due to the facade design, and landscaping

I'm not vested yet, so I don't think I'm biased at the moment. But the main factor to consider is, still the volume.. 420 units of SoHo alone and 1,800 biji in total within the same development..

Mind to share your views too?

This post has been edited by properganda: May 20 2011, 08:31 PM

No go. Too many units and lui is very steep. also agree no commercial component to drive the value. use bullet for other project.

say all the negatives for others but little for M-City. If this is not call BIASE, then apa?

err.. i tot i mentioned that my reservation is the avalanche of units, that's is considered bad isn't it?

but I feel 1,800 units is way toooo much...

between this and icon city, i think icon city better lah

I won't dispute, quite extreme, only Parklane OUG can match this thus far.

Putting on an investor's cap, there are 2 perspectives.

1. those low-density developments, i.e. short legend, the price gap between purchasers are likely to be small, at times, passable. 1 of the reason is that, the project gets sapu'ed faster than the developer could increase the price. but when come VP, it's easier to dictate the price level, collectively better controls, stronger price appreciation.

2. those high-volume project, the staged price increase gets to run over an extended period, hence, more significant 1st-mover price advantage with many phases release. paper-gain is the name of the game, early-birdies gets its worm. risk runs at a higher rate than returns if u are late. come VP, the usual cap appreciation ratio is likely to be under-pressure with sudden spike in supply, the strategy is to protect the paper-gain, means at worst, must be able to sell at the developer's highest transacted price of the final phase. can sell means, got buyers i.e. real transaction.

for rental yield, as long as it's unique on its own. just a matter of sustaining for a longer period for the market to absorb the spill-overs before the curve improves. that is why i think SoHo has good chance of defeating the cons with the office-use option, not many around this area yet. The retail component must work for M-City, very decisive to me.

My 2 Cents.

This post has been edited by properganda: May 20 2011, 11:46 PM

Hmm .. retail component is interesting here!

My money's on them tho, just from the sheer lack of real competition and similar concept in jalan ampang, heck even great eastern mall is getting some good traffic despite its sub-parish outlook, proves how much this nicely matured area needs a good o boost.

But as a taikor pointed out before, the bridge (flyover) mrr2 just right in the face of mcity might prove to be of some hindrance to retails, so lets see.

Better in terms of price? location? ease of tenancy?
mind to share?
Icon I also takut-takut...price / sf not cheap also

in terms of products, both are unique but icon city have the luxury of space to play around a bit and space out their buildings/components.
location, both are acceptable and prime area but again icon city have a slight advantage in terms of accesibility and unobstructed view from surroundings.
ease of tenancy. difficult to say. maybe m-city will have more ready tenants.
other factors:
m-city faces a fair bit of competition from surrounding developers. icon city main competition will come from paradigm by wct at kelana jaya?
m-city is much nearer to kl city centre. icon city enjoys federal highway conveniences (or inconveniences depends on how you look at it).

one special note. TMS is vested in m-city, m-suites, the icon @ JTR. they will need to promote all 3 and all 3 might be fighting for the same market share. else icon city, TMS will be marketing it against other developers.
i believe their hq is dated and should be relocated. but the big question is where are they gonna go? logically should be the icon but they sold it enbloc. where they go, it bounds to bring additional associates that work with them to set up offices. and am sure TMS will at least make their own HQ flourishes.
my 2 yen.

Received this..

Just share...

This post has been edited by cutealex: May 21 2011, 08:15 AM


Attached thumbnail(s)

Taikor, Mah Sing will stay put in Sungai Besi la due to Feng Sui.

I like both M City and Icon City but my guess is that Icon City will likely be more expensive. What I like about M City is it's proximity to the Ampang expat enclave, international schools and 8 to 10 min from KLCC via AKLEH. My preference for M City is also SOHOs over studios or serviced residences due to the sheer number of studios and serviced residences from M Suites, Elements etc. No SOHOs around this area save for that cheapo looking Axis in Pandan or something, which is in another area and definitely of a different market segment. SOHOs are more versatile.

Icon City also presents itself as a potentially good product with ready market from Industries in Shah Alam, PJ and Bandar Sunway.

Ironically, both M City and Icon City are situated at the cross-section of major highways and key main roads, ie. Jalan Ampang/MRR2 and Federal Highway/LDP....both also have flyovers right in front.

My verdict is both M City and Icon City are good products and if you wish to enter, be the 1st movers.

And my money is always on mah sing moving "upstream" to tun razak icon instead of either icon city or mcity.

But icon tun razak is to project purely on corporate image. they are already there with the showroom gallery.

like what tensai said, I suspect the old Wisma MS is for FS purposes. Same like Southgate opposite, when Nichi Fashion City sold that plot of land, they moved to F&N park, but eventually decided to rent back from MS in Soutgate coz biz has been going downstream since.

icon-city is nice, i like the cubist design., M-city would be the multi-level landscaping 'wow" factor. locationwise, both has its draw, but the tenant profile should be a vast difference. Again, my feeling is that M-city will trump if they can get the right trade mix into the retail... The many units will fall into place, hopefully.

This post has been edited by properganda: May 26 2011, 10:27 AM

don't get me wrong. do think m-city is currently king of the crop in that particular strecth currently.
but between icon city versus m-city, i suspect icon city would have better cap app. yield wise would be a tough call between these two.
with m-city close to city centre, it is at a dillemma. big companies will stay in city center or kl sentral. why would they go out of the golden triangle? so m-city might have some big companies but not a lot. therefore i have a feeling although rent should be higher for m-city but foresee higher turn around for tenants. think longer terms tanants with less problem will be for icon city. that's why when all are factored in, fore see yield should be kinda equal.
icon city wise would be different. it might serve as showpiece gallery for big names. they will be fighting for FH frontage as a lot (and i do mean a lot) of vehicles pass through FH everyday. much much more than akleh or jalan ampang actually. pj is kinda starving for a big corporate project.

the 1,800 units is giving a competitive nature to this project, thus could surpress the rental yield in the longer run

having said that, I do understand there's an "influx" of demand from foreign/local companies around this tun razak area

in the end, most buyers would be tempted because this is a "close-to-KLCC" type of development and offers one of its kind lifestyle concept in KL

If going into this project, take the block facing jlnAmpang, can see klcc. Certain units in the behind block can c klcc too. I think the main selling point of city condos are the klcc view. Facing garden, arguable if the trees can be so big & nice as in ad.

Actually from the artist's impression, the available orientation are :-

1. south-facing - jalan ampang / lake view.
2. north facing - ulu kelang-melawati (plaza ampang city) / the lagoon & garden view.

For the SoHo block, very unlikely can see tje KLCC twin towers. My personal preference is the lagoon & garden view. Any bosses went to view the showunit today? Any feedbacks? Preview booking for M-Club & VIP is next Friday as scheduled, very much confirmed this time. Other information to share that u may ask openly now :-

RM20K booking Fee
Early Bird discount (pending confirmation)
10:90 DIBS
Comes with 1 carpark
Maintenance abt 0.30-0.40 psf (quite standard)

The freebies or rather "priced-in" package :-

- shoe cabinet at the entrance
- full kitchen, with top-hung, table top, cooking hood & hob (induction type), built-in 2-in-1 microwave oven
- full height wardrobe / filing cabinet in the room
- fully fitted bathroom (vanity mirror, basin, lower cabinet, shower-set + screen & rain shower
- polished tiles all-round with laminated flooring for room(s)
- glass balustrade for staircase (duplex) + laminated steps
- fully aircond with plastered conceal ducting from compressor to designated venting areas

For those who can still qualify 90% loan margin, this is as good as it gets, maybe only about RM30-40K downpayment, and sit back, watch how MS price the subsequent phases.

Isnt the preview today?? How any feedback?

Preview, as in, project rendering and showroom viewing available from today.

Preview "Booking" and firmed-up details is from next Friday, for priority registrants, presumably VVIPs, M-Clubsters, Staff etc.

nobody went to see the soho today??
btw, got invite for kl eco city today through email and sms.
the invite is for tmrw.

This KL Ecocity can be doing a lot of projects a big favour when ppl see the launch price, suddenly everywhere, anywhere seem cheap.. M-City, Elements etc. may just benefit from it, regardless of the location really.

Where would be the sales office? does it near to ampang point, may place a visit tomorrow.

Go to their show gallery in The Icon, Jalan Tun Razak, the building along the stretch between the BMW/Mini showroom and the US Embassy.

quite true

boss u finally made it here


Am never a big fan for MS as I found their price is always at premium VS other offerings....................but they are quite generous in freebies if the above remains...............not bad esp when compare ML's Elements...........n think their execution r better than ML's............


For this project...............getting in early is the key..............

Surprisingly, MS did not price M City at premium if based on indicative pricing, where as ML's Elements have been priced at a premium. M City is many notches above Elements in all areas (location, design and concept, reputation and specs) but yet psf price is lower.

lower compare to Element but not surrounding. No need to think twice about this project.

No need to think twice "To Invest" or "Not To Invest"??

I sort of agree with Tensai. Their unique proposition in the multi-level thematic gardens and lagoon, is a refreshing concept along the whole extended stretch of Embassy Row. But the biggy surprise was, esp talking about MS, the actual psf pricing is very close, to the indicative pricing esp after the cash rebate.

If I remmeber correctly, Elements' early-birdy was to place 20K booking, then Zero payment upon S&P. Essentially means that the cash rebate is the 10% less the 20K booking fee, works out to about 30K rite? Anyone, pls share.

Ok, here's what I speculate. I suspect the cash-rebate can be quite attractive and could be hot-heels going by the hint of similarity in Elements' structure and the Capers' psychology play by virtue :-

1. M-City is also asking 20K booking
2. The actual early-bird could be priced just a tad lower than indicatives ala YTL's Capers?

Somehow, I have not decided whether to buy yet, because they have adjusted the sizes bigger. Very likely will just follow the taikor and groupies. Yes and again, with MS' projects, early-bird and paper-gains is key, better than nothing.

---

Added on May 22, 2011, 12:04 pmBro, I think this M-City, if MS stick to their original size or better still, squeeze more units into smaller sizes of 500 sqf apiece, it could be the luxury version of AXIS. And when the price dips 3xxK range, whether MS or ML, it will fly lor. But being MS, they're still trying to digest such concept, I guess.

This post has been edited by properganda: May 22 2011, 12:04 PM

but elements does give a 10% discount.. considering all the price are higher than the estimate price they announce last year.. it's a markup price to go around and provide the 100% loan scheme.. so i should say the price is really quite close? that is if mcity don't provide similar thing..

For that matter, after rounds of price increase and the intensity building from M-City, I was told that they can even give 15% discounts now without much effort. But what we would be interested to establish is, what was the structure during the early bird stage? Can anyone share?

10:90 DIBS is confirmed according to the taikor. But I question them, because AP still pending, technically no other banks can empanel this as their EF project at this stage, so no details of the financing scheme can be confirmed. Although MS is 1st tier, there's still possibility that it may not be the case.

Properganda, have you any idea what is the volume of 500sf residential units in this project? and what about the 800sf residentials?

taikor, MS future hq will be at icon city..it is in the icon city plan.

Heard there are people planning to queue up overnight for tomorrow's preview. Response is overwhelming.

Definitely for sure especially the duplex. Anybody interested? My girlfriend may be able to get 1 or 2 units without queueing. PM me with your name and phone number. No promise though. Many of her friends are asking her to help too. All the best. I am going for 1 unit at 11th floor 911 sf duplex comes with good furnishing and most importantly DIBS about RM650-660k after RM30k discount (I think). She is going there today to look at the units.

Walau, Level 11 is a hot unit. If can get, how much to pay your GF?

To share, can find some more detail report in http://www.myrealestate.com.my/viewtopic.p...15194&start=175

just went to the show unit yesterday
impressive ...heard got early bird 30k rebate
soho only can access to lagoon park and facilities deck only, the rest only serviced apartment can access .

they will be price increase in serviced apartment in phase 2 launch.

i think many who brought element might cancel and switch to this

M-City Vs TheElements... war started !!

hmmm.....lookin for duplex unit....any taiko got kang tao

i m worried the number of units available by 2014 and its effect on occupancy rate, rental and cap gain:
Elements: 1000+
M-City:1800+
Olive: 400+
D'Rapport: heard is abandoned, but if revive, many many thousands

or m i missing the big picture.. seems like BBB mode still..

Thats y if u wanna join the hoohah you need to find a niche for yourself.
Theres already some good analysis on Mcity which gives some good pointers what.

agreed.. mcity is a project with good concept..and up to each one to find their own niche to overcome the demand-supply law.. and i think everyone need to be very alert on the music..

For sure? they keep upgrading their sales office thou (my fren renovate sales gallery for them)...dont think is abandoned...
their mother company ACMAR should consider stable company

Go and have a detail look at the concept and show house. Thay really beautiful. I particularly like the lower floor of 910 duplex facing the lagoon. Though it comes with a premium but it is worth it. With RM30k early bird discount and DIBS, I think it is worth trying particularly duplex which are quite new concept. Anyone interested, pls pm me asap. Cheers

Just came back from MS Sales office at ICON. Situation is crazy. Still BBB. Most of the good units especially the duplex have been sapued. Price has increased by RM80k. Agreed with Odieboy that the show unit is nice. The lagoon and the gardens are also superb. Anyone want to let go their unit? Prefer mid floor 910sf facing the Ampang Hilir lake. Let me know. Tq