Investment M CITY, JALAN AMPANG [OWNERS' THREAD], Mah Sing presents its most iconic
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 May 25 2018, 07:59 PM
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#1
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Senior Member
1,567 posts Joined: Jan 2007 
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QUOTE(hazwan_zohdi @ May 25 2018, 07:51 PM) Y so much discount? What's the unique selling point? What's the rental rate expected? Not able to sell. Developer looking to offload. I think now the lelong units even more pressure. |
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May 28 2018, 01:13 AM
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#2
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Senior Member
1,567 posts Joined: Jan 2007
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Wouldnt be surprised if the buyers at this stage also wont get sufficient rental or capital gains.
But the property is probably a top tier property, must be a nice place to stay, near to the city. However with arte coming in end of the year, and another 2000 units coming from artoris and reizz in the next 3 years. Rental is probably going to be a challenge for the next 5 years. |
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May 29 2018, 01:14 AM
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#3
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Senior Member
1,567 posts Joined: Jan 2007
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If ur talking about somewhere around 500 persqft, it is certainly worth a shot. If ur willing to stay there if things dont turn out.
Cheaper than pj for a top tier property. The elements is already at the low 400persqft at auction. If im not wrong 1st phase was around 800persqft after discounts |
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Dec 27 2022, 10:34 AM
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#4
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Senior Member
1,567 posts Joined: Jan 2007
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Aready oversupply. Still got ppl build 6k units. Market will be saturaed for dunno how long Thasmita liked this post
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