Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

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

views
     
ahkit123
post Jun 23 2016, 10:42 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(Rash_778 @ Jun 23 2016, 08:21 AM)
Visited the actual site in June 2016.
Based on my personal view:

The Pros:
1. Swimming pool area and the skyline view is stunning.
Nice view of ampang hilir lake and klcc view.
2. The gym is huge, nicely done with a nice skyline view.
3. Both Block 1 and Block 2 lobby is nicely done, as per their brochure. With marble flooring and good selection of furnitures too.
4. Lagoon park completed at the Block 1 area. Nicely done!

The Cons:
1. Those unit facing Jln Ampang, especially Block 1 which is also near to MRR2 highway, can be a bit noisy.
2. For Block 2 & 3 facing lagoon park and connected via hanging gardens on 11, 17, 23, 29 and 35 floor, the distance between Block 2 & 3 is a bit too close. Lack of privacy.
3. For Block 2, total 566 units with 28 units per floor, only served by 6 passenger lifts (3 for each Wing). Definitely not enough! Just like the normal flat or apartment standards.
(There are total 10 lifts (5 for each Wing - which comprises of 3 passenger lift, the other 2 need to go through another door; maybe 1 for bomba lift, another 1 used for refuse chamber???).
4. The finishing just so-so. The wardrobe provided is not the solid wood, not sure in long term will invite termites or not. What do you think?
5. Once you get into the lift, you can press to any floor that you like. A bit concern on the safety here.
*
look good
ahkit123
post Jun 28 2016, 08:51 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(Rash_778 @ Jun 28 2016, 06:53 AM)
Hope the MRT station will be announced and confirmed soon nearby ampang point.

Then all the thousands of units floating this area will make more sense, and will have more values.
*
ampang point confirm got 1 station at MRT2 complete 2022

This post has been edited by ahkit123: Jun 28 2016, 08:52 AM
ahkit123
post Aug 2 2016, 12:10 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(ak70 @ Aug 1 2016, 08:56 PM)
Hi. I want to rent out a two bedroom RESIDENTIAL condo with 2 bathrooms in tower 2, lake facing, preferably from 7-13 floor. Balcony would be excellent. I need it unfurnished but need grill door, fans and LED light fittings to save electricity.

I want to go for 3 years agreement but no deposits. I wish to move in on Sep. 14, please. Please contact me with reasonable offer because I know the market very well. Only contact me if all the above requirement is met ONLY.

I want to deal with owners directly, no agents please. Thanks.
*
sound like scam. good luck
ahkit123
post Sep 7 2017, 02:13 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Sep 7 2017, 02:08 PM)
3 active units of M City in auction market at the moment. Ranging from studio to duplex and to the bigger size unit.
The Elements also got few units there. All units can wait for price drop further next few months only worth to try. Standby perfect loan profile and cash first to those interest.  tongue.gif
*
so fast drop d doh.gif
ahkit123
post Mar 9 2019, 03:35 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Mar 9 2019, 02:07 AM)
Plenty of units available in auction. But this should be worth checking out. 
Small size 1 bedroom unit (not studio). Not sure better grab at this price or wait for further price drop.

3-11-21, M City, No. 326, Jalan Ampang
Reserve price🔥🔥RM 444,690🔥🔥
Freehold
678 sqft (1 bedroom unit), 1 car park slot
Auction: 21 Mar 2019 (Thursday)

» Click to show Spoiler - click again to hide... «

*
600sq auction 300k max
ahkit123
post Jul 29 2019, 05:44 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Jul 26 2019, 04:11 PM)
M City another lelong unit sold today.
1018sqft duplex unit
Reserve price 656,100
Attracted 3 bidders.

Here: https://www.lelongtips.com.my/property/5907...ur-for-RM656100

Sold at 730k. Back to last month reserve pricing.
*
its still cheaper than the launching price many years ago i guess
ahkit123
post Aug 20 2019, 09:43 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Aug 15 2019, 06:22 PM)
Once again another studio unit lelong at below 400k.

3-16-09, M City
Reserve price 🔥RM 380,000🔥
508 sqft (studio), 1 car park
Freehold
Auction: 03-Sep-2019 (Tue)

» Click to show Spoiler - click again to hide... «

*
Good deal
ahkit123
post Sep 3 2019, 09:21 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Sep 3 2019, 10:14 PM)
3 bidders just now.
Sold at 430k.
Not sure is a good catch or not for a studio size unit here. But this pricing is still below 7 years ago launching price.
*
430k dor the studio is fair price
ahkit123
post Dec 3 2019, 05:27 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(LoTek @ Oct 18 2019, 09:30 AM)
What's so impressive about a 2b unit being rented out at 2900 I wonder?
*
Sometimes short term rent, headache
ahkit123
post Dec 3 2019, 05:27 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


[quote=LoTek,Oct 18 2019, 09:m

This post has been edited by ahkit123: Dec 3 2019, 05:29 AM
ahkit123
post Oct 15 2020, 04:55 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Oct 10 2020, 01:17 AM)
Both units no bidder. Further price drop another 10%.
Updated details as below:
1-11-02, M-City Ampang
Reserve price 🔥RM 422,900🔥
Freehold
781 sqft
Auction: 20-Oct-2020 (Tue)
1-33-09, M-City Ampang
Reserve price 🔥RM 437,400🔥
Freehold
781 sqft
Auction: 20-Oct-2020 (Tue)
» Click to show Spoiler - click again to hide... «

*
Good for entry, nice location for own stay
ahkit123
post Oct 23 2020, 09:28 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Oct 20 2020, 04:10 PM)
Both units sold just now.
Level 11 unit sold at reserve price 422,900. Single bidder won unchallened.
Level 33 unit sold at 464k.

Good catch.  thumbsup.gif
*
thumbup.gif
ahkit123
post Oct 23 2020, 05:46 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(icemanfx @ Oct 23 2020, 12:09 PM)
Poorperly is a zero sum game. vendor's loss is buyer's gain and vv.
*
will further press the rental market as buyer at value price.
ahkit123
post Feb 3 2021, 10:27 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Jan 31 2021, 03:27 PM)
Lelong duplex unit available below 450 psf. Bumi lot.
Details:
3-09-12, Tower 3, M-City
New reserve price: 🔥🔥RM 467,200🔥🔥
Freehold
1047 sqft, duplex 2 rooms (Type DC)
1 car park lot
Auction date: 20-Feb-2021 (Sat)
*BUMI lot
» Click to show Spoiler - click again to hide... «

*
Wow so cheap, I think snp 1mil
ahkit123
post Feb 4 2021, 06:32 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(tometoto @ Feb 4 2021, 12:03 AM)
nice area M city  but so many arab  stay there 

not sure save for family to stay  scare will be rape by arab
*
I think it's safe. No cases so far
ahkit123
post Feb 21 2021, 02:55 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Feb 20 2021, 12:02 PM)
Attracted few bidders just now.
Sold at 528k.  :thumbsup:

Still lower than last round reserve price.
Previous Auction(s) for this property
Auction Date  Price
2021-01-30  RM584,000.00
2020-08-08  RM584,000.00
2020-03-07  RM584,000.00
2020-02-15  RM730,000.00
*
Value buy
ahkit123
post Feb 22 2021, 10:53 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(HereToLearn @ Feb 21 2021, 10:56 PM)
Record low for M-city at 504psf. But it was still 37% higher than arte's and elements' lowest of 368psf.

Pretty sure if has not priced in the upcoming rental war from Reizz and Astoria completeion.
*
Possible further adjustments due to oversupply environmental at the moment
ahkit123
post Aug 24 2021, 10:21 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Aug 20 2021, 01:30 PM)
Studio lelong unit sold at 364.5k yesterday.
Single bidder won unchallenged.
Vacant unit.
user posted image
*
Reasonable
ahkit123
post Oct 31 2021, 11:58 AM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(AskarPerang @ Oct 23 2021, 12:24 AM)
2 lelong units sold yesterday.

The smaller size unit attracted 8 bidders.
Fight from 380K and sold at 428K.
Do they even know that this project required double transfer process?

Bigger unit sold at reserve price 534K.
Single bidder won unchallenged.
user posted image
*
Good value for this property
ahkit123
post Oct 1 2022, 08:38 PM

Look at all my stars!!
*******
Senior Member
2,550 posts

Joined: Feb 2016


QUOTE(Jack&Guild @ Sep 29 2022, 11:30 AM)
Standby another 50k cash to for the legal and stamp duty. Should be worth getting at this price.
*
jln ampang @500k... whr to get

2 Pages  1 2 >Top
 

Change to:
| Lo-Fi Version
0.0651sec    0.38    7 queries    GZIP Disabled
Time is now: 3rd December 2025 - 10:09 PM