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

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potenza10
post Oct 24 2015, 06:49 PM

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Everytime I'm passing by M-city using Mrr2 towards Hulu klang , I feel like looking at a giant led tv...hahahahahaha
potenza10
post Jun 25 2019, 09:15 AM

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QUOTE(AskarPerang @ Jun 24 2019, 11:48 PM)
2 units sold today in the auction market (by HSBC bank). Didnt post here before this coz feel price still high.
But people still grab. Market demand still high over here along Jalan Ampang, oversupply area.
Details as below:

Duplex unit (1052 sqft): https://www.lelongtips.com.my/property/5856...ur-for-RM652490
Unit No. 2-23-10
Vacant unit
2 car park slots
attracted 4 bidders. Sold at 695k.

Studio unit (532 sqft): https://www.lelongtips.com.my/property/5854...ur-for-RM405000
Unit No. 2-16-02
Occupied unit (tenant staying)
1 car park slot
Sold at reserve price 405k. Single bidder win.

Tomorrow will have another duplex unit on offer in the auction market. See the demand how.
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Askar..when u said 'oversupply', what is the cheapest rental rate can get for that area (elements, arte, mcity)...
potenza10
post Jun 26 2019, 08:23 AM

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QUOTE(Babizz @ Jun 26 2019, 07:10 AM)
Before buying an auction unit here, do you'll know the maintenance fee?
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based on site visit and inquire to mgmt office, i believe.
potenza10
post Jun 26 2019, 12:28 PM

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QUOTE(Diver Lim @ Jun 26 2019, 10:44 AM)
If MYR 1,700- 1,800 for a fully furnished Studio for the price are way too low in my opinion.
Fully furnished rent out at that rate mean 2 years you haven't recover from your renovation cost yet.
 
Simply any ulu-ulu place like Kota Kemuning, 500 and 700 sq ft can get 1,300-1,500 dy.
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Wow... KK is ulu ulu place?
potenza10
post Jul 1 2019, 11:22 AM

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QUOTE(Babizz @ Jul 1 2019, 06:56 AM)
Averages out to be more than 70cent PSF
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70c psft is quite a lot!

 

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