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

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mthc
post Aug 16 2015, 03:44 PM

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QUOTE(nookie188 @ Aug 16 2015, 03:07 PM)
on top of that curved balls coming from left right and centre from the country's administration, its no wonder its becoming a very slippery slope for many ..

btw, M City mana ada 1500 units??  less than 600 units ..
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More than 1k unit boss...
mthc
post Aug 19 2015, 04:25 PM

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QUOTE(ace77 @ Aug 19 2015, 04:00 PM)
Once M City Vped, elements rental can still hold?? Haha.. tongue.gif
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Don't say that. Later this tangent88 who invested in Elements shoot bullets at you. 😂😂
mthc
post Aug 21 2015, 01:41 PM

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QUOTE(LMN9997 @ Aug 21 2015, 12:05 PM)
wonder why they keep on building studio, small apartment (which is already over supply) but not offices and commercial buildings. The over supply at Jln Ampang is really worrying.
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Bro.. NLA for commercial and office supplies in KV are off the roof.
mthc
post Aug 28 2015, 12:22 AM

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QUOTE(kyun @ Aug 26 2015, 11:32 PM)
Of course, if you neglect the fact that this thread is celebrating is 5 years of age now.

You'll be puzzled why it wasn't fully sold within a year or so, while the property market sentiment were so good back then.

M suites buyers probably have acknowledged their close friends and relatives.

The first time buyers, especially the youngsters, as always, the group who easily fall for the sweet talk, they will become the last batch of people who to be crushed under the gigantic burdening pyramid debt which promised nothing but a fancy dream of futuristic home.

Feel it, taste it, it's coming.
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HAHAHAHHAHAA HAHAHAHA!! Boss.... this statement really just won the BEST AWARS in lowyat. Seriously damn good!!

I really couldn't agree more with you!!

This post has been edited by mthc: Aug 28 2015, 12:22 AM
mthc
post Feb 4 2016, 01:37 PM

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Wtf like that also CCC? ??
mthc
post Feb 22 2016, 08:45 AM

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QUOTE(azeL_Inc @ Feb 21 2016, 10:21 PM)
It s freaking by the most busiest road in KL, I m sure demand is there.

I thought there is something else about the project that I didnt know, I.e. Subpar quality
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You are so funny. It's the busiest road in KL for all the wrong reasons. One being the road where people use to PASS BY to go work and home.

Demand is there? Go check out Elements and see why is it dying. And there are more than 10k units coming in in 4 years time.
mthc
post Feb 28 2016, 09:30 AM

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Haha still so many ppl think rental is gonna be decent here.

Syok sendiri. Kena conned MRT station and another 10k plus units coming in. Plus with the perfect example of low rental wherw Elements is facing now.. yet still so positive

This post has been edited by mthc: Feb 28 2016, 09:32 AM
mthc
post Feb 28 2016, 10:56 AM

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QUOTE(ace77 @ Feb 28 2016, 10:15 AM)
Are u a buyer? MRT not even firm yet already those people kept spreading rumours.

Element really suck la.. It should change name to The Hidden Element.
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Thankfully I'm not a buyer lol. I was almost a buyer for Elements.

What makes u think m city will do better than elements?
mthc
post Feb 28 2016, 11:12 AM

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QUOTE(ace77 @ Feb 28 2016, 11:03 AM)
Have u been to the site? Or u could just look at the location.

Anyway, given same rental, u will choose a condo which views being block from 4 sides.
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Of cuz I have. Pass by everyday bro.

Given the same rental, I'd opt for M city without a doubt BUT

1. What makes u think there won't be a rental war? Elements will definitely pushes their rental price lower. What's mcity gonna do about it? Wait and hold?

2. For the fact that elements is not even 50% occupied (pls correct me if I'm wrong), what makes you think mcity has the capability of occupying tenants? Have u forgotten the incoming 10k plus supplies as well?

3. Commies will do well in jalan ampang as it should been all along. But you own a residential lot. You can argue that you can target expat etc but as far as I'm concerned, those expat who works in my company stays in klcc condos. And if expat were to choose mcity, why now elements are not filling up with expats?

Idk what makes you think that mcity is hell of a location. When it's jam for all the wrong reasons. You may argue that a place won't be jam if it's not Wong but jalan ampang is jam because ppl use it to go to and forth from work.

Well it's my opinion. My opinion is priceless but yr investment comes a great monetary value. Lol. Cheers buddy

This post has been edited by mthc: Feb 28 2016, 11:13 AM
mthc
post Mar 2 2016, 11:10 PM

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QUOTE(azeL_Inc @ Mar 2 2016, 10:48 PM)
Lol..I also dunno why mhtc so butthurt when ppl are giving +ve views on mcity.I mean, yeah u have ur opinions, but take a look at all his responses...rofl
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Ya my butt hurts so bad cuz i cannot afford an unit here in mcity

This post has been edited by mthc: Mar 2 2016, 11:10 PM
mthc
post Mar 13 2016, 09:47 PM

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QUOTE(ace77 @ Mar 8 2016, 05:34 PM)
These nasty horizons will happen in others projects soon. Bank value not matching selling price is already a norm since last 2 years.  There is no need to emphasize here. If you think this is the case, the worst yet to come..in others project. It is that bad now..

There lots more project outside more dire and desperate than M City.
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Like empire city gg hahahaha!
mthc
post Mar 15 2016, 08:58 AM

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Haha just because a responsible developer pays LAD and you got a less defect unit, that makes MCITY a viable and investable project?

Right

mthc
post Mar 15 2016, 09:23 PM

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QUOTE(ace77 @ Mar 15 2016, 09:09 PM)
There wasn't any suggestion that it is investable project. Coz overall market is tough. But it does suggest those critics that they may not have the right info and most of the time, they always say heard someone say.
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You have my words on this.

The commies there will do very well. Don't ask why.

Saw the tenants ady wink.gif
mthc
post Mar 30 2016, 11:30 PM

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QUOTE(icemanfx @ Mar 30 2016, 11:14 PM)
There is a demand over supply, agents taking tenants call non stop and didn't even have enough time for lunch, more like price war among tenants.
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Supply over demand.
mthc
post Mar 30 2016, 11:37 PM

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QUOTE(icemanfx @ Mar 30 2016, 11:36 PM)
At $1k or more per sq ft is certainly not supply over demand. Unless there are cases in your recovery department.
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You are confusing me. It's so obvious the whole jalan ampang has been supply > demand unless you are being sarcastic lol
mthc
post Mar 31 2016, 08:49 PM

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QUOTE(ram999 @ Mar 31 2016, 07:03 PM)
I am purchaser of mcity at level 7 facing jalan ampang. I am really regret buying this unit infact with very poor quality from Mahsing.

The unit is full of mosquitos and ants everywhere. The balcony is not yet complete and it does not have roof. I feel very disappointed with quality of workman ship. They rushing to VP and delivering without completion.
I could see the unit not ready for VP.

Now I heard they going to fix canopy as a roof. Do you guys aware if any drawback having canopy as roof ? I feel it is going to be look like very cheap.

I guess those who bought level 7 facing jalan ampang are most impacted. I would like to know if any owner at the same level facing the same problem as mine. Please do PM .
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Really? But some of the owners here are very satisfied with their vp.. How is the noise from the highway bro? Can you hear it or its soundproofed

mthc
post Mar 31 2016, 09:00 PM

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QUOTE(ace77 @ Mar 31 2016, 08:57 PM)
Mine facing lake and road noise is low as insulation is good. From what I know, those level 7 at garden level and there no suppose to have roof.

As for VP condition, if MS is taking the job then at least u will get this rectify.
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Ahhhh.. that lake view is magnificent. The commies here will do well la. You will be good if it's for ownstay cuz investment wise you gonna get some rental pressure.
mthc
post Apr 1 2016, 05:24 PM

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I don't understand the pics. What are the defects
mthc
post May 21 2016, 07:56 AM

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QUOTE(bigmamma @ May 20 2016, 10:23 PM)
Thks bro. I hv contacted a lot of agents. None of them call me back cry.gif  cry.gif  cry.gif . Guess have to wait for the retail shops to open and the completion of phase 2 and 3. This year looks like no chance to rent out.
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As expected bro. I'm not gonna sugar coat things but looking at the overly massive incoming supplies, things are just gonna get harder in the near future. There are around 10k incoming units along Jalan Ampang.

You might want to look into lowering yr rental price to attract and lure ppl.

This post has been edited by mthc: May 21 2016, 07:56 AM
mthc
post May 21 2016, 10:40 AM

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QUOTE(icemanfx @ May 21 2016, 09:37 AM)
A 1,600 ft2 at jalan simpang claimed could fetch rm 6k rental at time of booking a few years ago and rented for rm 3k.
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Price war especially along Jalan Ampang.

First to die - Elements. 😂

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