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 Mah Sing Group to launch new M Residence@Rawang, from the star

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Chris Chew
post 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.


Chris Chew
post 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.
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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.

Chris Chew
post 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.
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Boss, very much agree with you.

Chris Chew
post Mar 28 2014, 01:38 AM

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QUOTE(jason_chee @ Mar 27 2014, 11:05 PM)
yes. Phase 1 comprises of 18x70 (Link House) and 22x70 (Superlink House).
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Bro, MR1 Phase 1 got 22x70 superlink?

Nvr heard of it and I thought only 18x70?

Chris Chew
post 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...

These days names are wrongly uaed to market feel good factor......

And why not? There is no legal implication for this.
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Haha.

The Mansion is the name of one of the phase in DPC. Its not the property type is mansion. Lol.
Chris Chew
post Apr 14 2014, 09:35 AM

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QUOTE(veron4best @ Apr 13 2014, 06:34 PM)
Any news about MR3? After acquisition of the land one year ago, like nth happen le.
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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.

Chris Chew
post May 9 2014, 09:19 AM

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QUOTE(helmyz85 @ May 9 2014, 01:00 AM)
I Bought leftover unit of phase 1..signed s&p at mid of march 2014.. 650k for 22x80..
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What is the built up for 22x80 dy ah?

650k is before how many rebates bro?
Chris Chew
post May 16 2014, 12:58 AM

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QUOTE(bryan_x00 @ May 15 2014, 11:18 PM)
even JMB was setup, the title still under strata, no external reno or changes will be allowed.
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True.

Chris Chew
post 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.
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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.
Chris Chew
post Jun 17 2014, 10:24 AM

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QUOTE(Lyh2929 @ Jun 16 2014, 09:06 PM)
This is what Mahsing "perfect" condition???😡😡
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Alamak. The cable really an eye sore.
Chris Chew
post Aug 25 2014, 05:31 PM

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QUOTE(kekura @ Aug 18 2014, 09:21 AM)
looks like only the outer road (Jalan MR 1/9, 1/8) are 50 feet while other roads (Jalan MR1/11 and others) are 40 feet. Same like Ph2.
how about ph4.. can share please?
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Huh, I thought all 50" width road?

Chris Chew
post Sep 5 2014, 04:49 PM

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QUOTE(machi1128 @ Sep 4 2014, 06:30 PM)
Aiks...i think yours is as steep as mine  mad.gif
Please log it down in the defect list...
We definitely want MahSing to rectify it... flex.gif
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A bit steep not good meh, at least heavy rain wont flood in the car porch area.

Chris Chew
post 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. smile.gif
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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.
Chris Chew
post 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.

yes, i shared the same sentiment. Playground could fetch 10-20K extra. But during launching 2 years ago, it's RM 80K difference.  nod.gif
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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.

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.
Chris Chew
post 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.
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Wahhhhh RM 600k ....

Chris Chew
post Oct 15 2014, 06:45 PM

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QUOTE(cmk96 @ Oct 15 2014, 05:47 PM)
Can see many flippers in MR1. Wonder how many buy for own stay.
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Can share how you see? Based on ads as per iproperty or forum here?

Chris Chew
post 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.

So MR1 18 x 70 subsale still good?
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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.

Btw, MR1 18x70, was told able to transacted at RM 520k.
Quite decent profit for a Phase 1 of a mini township.


Chris Chew
post Oct 19 2014, 01:24 AM

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QUOTE(PeriPeri2014 @ Oct 18 2014, 09:07 PM)
Good Price with MS product in Rawang?? Leasehold??
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MR1 is Freehold but MR2 is Leasehold....
Chris Chew
post Oct 29 2014, 01:35 AM

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QUOTE(frozenne @ Oct 28 2014, 09:35 PM)
Got 18x70 transacted rm539k
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Sibeh good.


Chris Chew
post Oct 30 2014, 10:57 PM

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QUOTE(Fangwu @ Oct 30 2014, 10:33 PM)
[attachmentid=4193934]
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Wahhh KL North East, means mana ni?


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