When is the VP date for Phase 1?
Wondering what is the subsale asking price now.
Mah Sing Group to launch new M Residence@Rawang, from the star
Mah Sing Group to launch new M Residence@Rawang, from the star
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Mar 9 2014, 02:43 PM
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When is the VP date for Phase 1?
Wondering what is the subsale asking price now. |
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Mar 10 2014, 04:21 PM
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QUOTE(jason_chee @ Mar 9 2014, 10:04 PM) I checked mudah and iproperty. It's ranging from 510K - 600K. IMO, 600K a very expensive for phase 1 18x70. Anyway, we could only know the actual transaction price once VPed. estimated April 2014 for VP. Hmm, if asking at RM 510k, maybe, since 20x65 is selling RM 580k before discount but if asking at RM 600k could be overly asking because people will rather go for under con fully gated and guarded 20x65 with bigger built up. |
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Mar 21 2014, 09:36 AM
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QUOTE(jason_chee @ Mar 13 2014, 04:34 PM) i agreed with you. but some are asking higher price due to higher purchase price. those facing playground are paying more during the purchase price. unit towards jln mati or dead end also price higher. that's why you could notice some asking price are high. IMO, RM 510K is fair looking at the size, title, gng and clubhouse facilities. Boss, very much agree with you. |
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Mar 28 2014, 01:38 AM
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Apr 1 2014, 02:11 AM
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QUOTE(BEANCOUNTER @ Apr 1 2014, 01:52 AM) DpC got link houses named MANSION summore... Haha. These days names are wrongly uaed to market feel good factor...... And why not? There is no legal implication for this. The Mansion is the name of one of the phase in DPC. Its not the property type is mansion. Lol. |
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Apr 14 2014, 09:35 AM
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QUOTE(veron4best @ Apr 13 2014, 06:34 PM) Probably MS had the style of launch it immediately after acquired the land. But, maybe they already on going MR1 and MR2 here, so guess it could be bad timing to launch n preview MR3 at the same time except most of the MR1 phases have VPed. |
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May 9 2014, 09:19 AM
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May 16 2014, 12:58 AM
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Jun 6 2014, 09:59 AM
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QUOTE(kekura @ Jun 6 2014, 09:13 AM) RHB. But bank said is because the lawyer did not give them instruction to pay yet. Checked with the lawyer, they said need to verify claims first before can release instruction. So nothing can be done, just sit back and watch. If thats the case, then u should not bear the late charges bcz not ur fault and not bank fault, lawyer not yet instruct bank how to release rite?Should ask the loan lawyer why so long yet to instruct and then ask for waiver. |
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Jun 17 2014, 10:24 AM
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Aug 25 2014, 05:31 PM
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Sep 5 2014, 04:49 PM
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Sep 15 2014, 12:29 PM
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QUOTE(jason_chee @ Sep 15 2014, 12:12 PM) For new property, there is no need to go thru actual valuation. all tied up to Developer. That's why they have so called Bank Panel. During subsale, Valuation from Valuer does the actual valuation on behalf of Bank. That's when the actual criteria comes in. Playground or facing direction doesn't contribute much to overall value. direction is all subjective to individual preference. So, those investor purchase unit facing Playground (RM 440K) will have lower margin compare to those choosing cheapest unit. But then, if i remember correctly, those cheapest unit also limited. I think around 20 units only. MS very clever to imposed tiered pricing. Hmm, for completed and new property, the valuation is depending on buying the unit subsale or from the developer and whether the CF/CCC is issued, or how long issued.For loan application, valuation is needed, and for most banks, if the completed property's CF/CCC issuance is btw 3-6 months, some banks willing to waive the proper valuation report but definitely need valuation. Unless, the completed unit is purchased from the developer as unsold unit where the dev might requested the banks to proceed like EF and waive the valuation report. Facing playground only has slightly advantage of getting value, maybe RM 10-20k max guaaa. |
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Sep 15 2014, 02:30 PM
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QUOTE(jason_chee @ Sep 15 2014, 01:51 PM) yes, you're right. But most of the time, newly VPed area will have lower Bank Valuation. But of course it subject to Valuer Company. some Valuer does provide higher valuation. Hmm, if I am going to buy any terrace house, I willing to fork out additional money for unit facing playground or park, but provided about up to 5% of the purchase price only.yes, i shared the same sentiment. Playground could fetch 10-20K extra. But during launching 2 years ago, it's RM 80K difference. Anything more than 5%, I really need to justify it with further landscape provided and how much a buyer would prefer it. It's very usual that a new township and newly completed houses, most banks cannot offer such value due to transactions and it's number to factor in. However, if can get value, the agent and sellers also pick up quickly and offer RM 10-20k above initial asking price again. Always nvr ending story, lol. |
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Sep 15 2014, 05:49 PM
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QUOTE(jason_chee @ Sep 15 2014, 05:05 PM) 10K-20K extra would be on subsale. Phase 1 18x70 facing playground cost extra RM 60-80K. It's 440K for those facing playground. Currently some unit transacted at RM 520K. Owner pay extra RM 40K on top of bank valuation. Last info i receive is Bank Value at RM 480K. I assume the 520K is non-facing playground. Those facing playground demand for RM 600K as off now per advertisement. Wahhhhh RM 600k .... |
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Oct 15 2014, 06:45 PM
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Oct 18 2014, 02:59 PM
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QUOTE(Col @ Oct 18 2014, 01:33 PM) Garden height 20 x 75 not bad. With similar price tag and low entry cost except FH and LH. Design wise garden height phase 5 is better in terms of space and facade. Garden Heights is not bad if we consider the shoes of upgraders within Rawang/ Serendah/Kundang vicinity. If the new buyers outside from these areas, would consider MR1 due to nearer to Latar/Nkve and Rawang Town. So MR1 18 x 70 subsale still good? Btw, MR1 18x70, was told able to transacted at RM 520k. Quite decent profit for a Phase 1 of a mini township. |
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Oct 19 2014, 01:24 AM
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Oct 29 2014, 01:35 AM
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Oct 30 2014, 10:57 PM
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