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

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LMN9997
post Dec 12 2014, 11:17 AM

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yes buy is easy but think if you can resale this property later if you are buying it at premium price? think twice.
LMN9997
post Dec 12 2014, 11:18 AM

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Do you mind let me know how cheap it is? Price per sq ft?
QUOTE(chrisw @ Dec 12 2014, 10:57 AM)
But but...it's really cheap now, I assume you won't go wrong with being the cheapest in the area..

I need to check it out with BBW tongue.gif
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LMN9997
post Dec 12 2014, 04:08 PM

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I own properties at MSuites (also by Mah Sing) and I don't feel very good about MCity. But if its around 1k per sqf then its ok. But still not very confident with Mah Sing projects especially at these Jln Ampang area..
QUOTE(chrisw @ Dec 12 2014, 02:09 PM)
location fronting Jln Ampang, luxury facilities provided with 5 different gardens under 1 roof, concierge service at lobby, confirmed Village Grocer as anchor tenant and nestled in a matured neighbourhood...i cannot see any reason why no demand tongue.gif

even Setia Sky Residences at Kg Baru also have demand, i assume this will not be worse than that  tongue.gif

btw if you're comparing psf to nearby under con development, aint this one a bargain? NxVx also selling approx 1500psf, maybe 1300++psf after rebate with lesser facilities on a smaller plot  icon_rolleyes.gif
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LMN9997
post Dec 12 2014, 04:18 PM

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Dont comparing MSuite & City, both are quite different product altogether, what I am trying to tell you is Msuite is not giving me a good return, and I have purchased it abt 4 yrs ago at a much cheaper price compare to MCity. So think about MCity. If you need to know more you may PM me smile.gif
QUOTE(chrisw @ Dec 12 2014, 04:14 PM)
chief, do you mean MSuites could fare better to MCity? facilities, location or close to amenities?
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LMN9997
post Dec 12 2014, 04:55 PM

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Yeah I think tht area is neither here or there. Ppl would opt for KLCC area or further out of the City. The most problematic issue is the super bad traffic along Jln Ampang. So MCity buyer seriously have to think about it before placing your bet.
QUOTE(AMINT @ Dec 12 2014, 04:44 PM)
Yeah bro. I was told by some expat, rental is bad in Msuite because owners reduced rental gao2. Aiyo, must scold people there and ask them to control market. In elements, if any potential tenants wanna ask for cheap rental, we ask to go fly kite. rather have untenanted than kacau market.
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LMN9997
post Jan 5 2015, 02:09 AM

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Hahaha again? Seems very desperado trying to clear all city stocks.
LMN9997
post Feb 2 2015, 12:28 PM

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What Pavilion is coming in? May I know where exactly??
QUOTE(AMINT @ Feb 2 2015, 09:22 AM)
I will hold it until the new pavilion comes in together with mrt circle line. Property investment for me is for a long term investment,  not short term.
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LMN9997
post Feb 10 2015, 10:01 PM

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Yeah spot on.
QUOTE(AMINT @ Feb 10 2015, 08:07 PM)
Dude, i am not talking about chinaman = chinese man. I am talking about chinaman from business perspective. Relax. Not being racist or anything ler. Read here:

https://forum.lowyat.net/topic/862547/all
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LMN9997
post Mar 24 2015, 04:20 PM

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MH selling at sky high price sure cannot sell. So no choice now have to give 17% to pancing buyers. Wonder how does the existing buyer feel whom does not get the 17% discount initially.
QUOTE(serenac88 @ Mar 24 2015, 10:55 AM)
yes, now is 17% discount,
if you need any.further information you can always contact me at
SERENA 0122986086
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LMN9997
post Mar 25 2015, 01:30 AM

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Yeah 5 min to KLCC in the middle of the night.
LMN9997
post Apr 9 2015, 12:34 PM

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As I have mentioned before, MH is selling it at speculative price. THey are selling the property at the 3 years ahead price. So be prepared to HOLD ON to your property for a while. All the best.
QUOTE(lmmunawar @ Apr 8 2015, 07:37 PM)
i bought a unit in block 2 few years ago. but i check the price for block 3 now the price seems same. how could that be?
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This post has been edited by LMN9997: Apr 9 2015, 12:35 PM
LMN9997
post Jun 9 2015, 05:54 PM

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MCity abandoned? Can anyone confirm?
LMN9997
post Jun 10 2015, 11:47 AM

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OMG 60% only? that's bad. What to do, MS always sell their property at future price.
LMN9997
post Jun 29 2015, 11:56 PM

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After big discount probably still expensive.
LMN9997
post Jul 10 2015, 02:20 PM

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Wow! WIll MS do that although they are super developer with supoer Chinaman thinking? Still Sunway, IGB the best.
LMN9997
post Jul 10 2015, 08:44 PM

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Super chinaman mentality.
QUOTE(Darkknight2010 @ Jul 10 2015, 08:36 PM)
Actually their financial very strong, just that they take whatever necessary steps to delay refund/payment.  There is only one winner in mah sing project, mah sing itself.
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LMN9997
post Jul 19 2015, 11:21 AM

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This project will be a challenge for investor not because of location, design etc but the selling price set by developer is way too high. For own stay shud be alright I guess.
LMN9997
post Jul 19 2015, 11:48 PM

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But don't forget 3-4yrs ago MCity were launched at RM1000 psf. They would have made a lot of money by now if they brought other project. Early purchaser may be cursing by now.
QUOTE(Princezz @ Jul 19 2015, 11:16 PM)
RM900psf is really quite common nowadays. My brother told me that Twin Arkz in Bukit Jalil sub selling at RM900-1000psf and only around 70% completed. Newly launched Pavilion Bukit Jalil selling at starting from RM850psf. Is our money getting smaller? I heard MSuites sub sale has been in the region of RM1100-1200psf. MCity, if I am not wrong, the units come with quite a number of freebies like electrical appliances. Hopefully the end product of MCity is as good as illustration.
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LMN9997
post Jul 20 2015, 10:20 AM

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Early buyer can clarify. My friend brough a unit at
city at 1k per sqf about 3-4yrs ago. But
Fully furnished. Cannot see them making money from this project unless hold it for another 3-5yrs.
LMN9997
post Jul 20 2015, 11:04 AM

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Tan Sri not my good friend but I am one of the buyer kena conned by him sad.gif

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