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

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kelvin667
post Dec 22 2011, 12:44 AM

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QUOTE(FlyingJoy @ Dec 22 2011, 12:19 AM)
Just wondering what is the different between link house and superlink house?
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just like man and superman haha tongue.gif

just joking, marketing gimmick, there no guidelines on this, so basically all rumah teres
kelvin667
post Dec 22 2011, 11:25 AM

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QUOTE(scng @ Dec 22 2011, 11:04 AM)
Friend, FYI, my friend's house in Kundang got flooded recently (about the same time when Kajang got flooded) and damaged all his furniture... Kundang used to be a palm oil plantation too... and this development is close to Kundang..
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i can assured you palm oil land can be flooded, we don't look a place flooded or not flooded by whether it is palm oil land
please don't misled ppl if you are not sure..just my 2 cents
kelvin667
post Dec 22 2011, 03:13 PM

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basically, i think the project is okay
but if it is not Gated and Guarded
then I believe this is overprice considering getting a semi dee in emerald

kelvin667
post Dec 23 2011, 11:15 AM

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QUOTE(RawangPony @ Dec 23 2011, 10:59 AM)
Guys i was about to buy a bunglow in country homes for 380k not a very big one around 2000sq feet land and built up is about the same... but the houses need so much work....ur talking at least 200k for it to be really nice. the other issue is many abandoned houses there...god knows why.. and such an eyesore...when houses are really cheap you dont get quality neighbours, some dude next to ur house will rent his out to some family who doesnt care about you.

So what Mah Seng is gonna give you is a quality neighbourhood... and you guys are right this place is not the best for investment most early buyers bought cos the downpayment is only 3% and for people who dont have a large savings its very attractive the other lot of people who bought are people who up grading from surround areas( uncles and aunties). These people are buying for own stay.

I feel the more people buy for own stay the better it is. Not many people of loading it will allow property to be more in demand for those who are interested. We will just have to wait and see and it it works out well some people will be smacking their forehead. fingers crossed...
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then you need to check out tms aman perdana neighbourhood at klang. May be some one here from klang can enlighten what people stay in the semi dee and bungalow of aman perdana?
kelvin667
post Dec 23 2011, 11:56 AM

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QUOTE(RawangPony @ Dec 23 2011, 11:22 AM)
thats the thing i feel in most cases  where you pay a premium for the neighbourhood it is often better... but of course there is no guarantee its more just wishful thinking... as for me i work in mid valley and coming from Klang/Shah Alam is just to much for me. NKVE is the most convenient for me atm. I even take the train to work from rawang as it goes straight into Mid Valley. The ETS takes 20 mins flat and there is no rush and crowd.
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rawangpont,

no offence, you joined lyn this month and have 16 post here and all is this topic.
If not wrong, you should be with the developer.
Anyway, then again it is always good to have developer sales staff to provide insider info or project info without the need to go to sales office everytime rclxms.gif
kelvin667
post Dec 24 2011, 10:06 AM

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he supposed to be some dev cyber trooper to gain more pros for this project,
however, everytime he mention something, it got backfired with more negativity..so it is better to be quiet now than more shit being digged out

- anyway, 10 years from now, i think this prop will also go up in price, you may give it a try for long long long term investment, doubt you can sell 700 - 800k after completion for a non G&G link house in rawang. And rental is a no no here
kelvin667
post Dec 24 2011, 10:23 AM

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500k prop,
if can't get $2500 per month, it is a negative
kelvin667
post Dec 25 2011, 12:34 AM

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i really want to see how much market can absorb with this high price
pray that there no crisis, else many ppl can jump from their 2nd flr

else

those overcome will be laughing to the bank

528k for a link house in rawang at 2011 is speculation...is rawang!!
after completion add 20% - sell 650k, selling higher than cheras...
kelvin667
post Dec 30 2011, 01:44 PM

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QUOTE(JustNobody @ Dec 30 2011, 12:35 PM)
Just come across a news in The Edge.. Kajang house latest launched also selling around 638K for 2500 sq feet build up 2sty landed... Great..
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if this continue, and if crisis happen,

we shall see the situation where hong kong 1997, where your loan is more than your house value
Even your hse being auctioneed by bank, you also owed bank money.
Now, it is still manageable as bn control and tightening, else if rawang link house start to have subsale at 800k-1mil
then i foresee many who get VSS or business fail during sudden bad times will kena kau kau

But, this situation only apply for those highly gear and have no holding power + IF crisis come in this 2 years

else it is a safe play

kelvin667
post Dec 31 2011, 10:41 AM

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QUOTE(spydermind @ Dec 31 2011, 08:41 AM)
it definitely not a good sign when house price in Kajang and Rawang already selling at those prices. But again, it really depends on the situation and the local demand. there will be certain demand for certain type of house within certain area (G&G, new facade, facilities, etc)

This is a revolution of modernization in which new housing property takes into consideration to enhance or to provide certain thing required by the people at that location.

I dont want to use this example, but again, this example is a very logical and reasonable showcase....DPC....when DPC was launched years ago, this was at least 30% more expensive than the neighbour houses. I have friend who own a couple of houses in Manjalara and Kepong, claimed that both his house freehold and leasehold (about 24x80, 22x90) was about 320 and 285k respectively...while project like safa in DPC was launched at 400k+ for a 22x75....many dont understand why people buy there....it sort of like you can get 2 for the price of 1 or so.....despite the place being nicer or more modern......I am not trying to claim that everywhere it would be like this case...but ultimately, whether we like it or not, there will be a certain group of people who are looking for something refreshing, something new or something more comfortable, etc.

Of course when the price keeps shooting up....then you may more and more options from project to location
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Analyst quote

http://biz.thestar.com.my/news/story.asp?f...47&sec=business

Seems like even the expert expect some slowdown next year and short term investor may sell at a bit lower prices to off load stock esp agents who income are affected during these slow time

Then again, DPC is a success based on concept. The location is good, but not that superior to sell at this price.
However, we look again at the concept and the management - they have a lot of recreational place like the lake, hospital, international school and even the guard waive to me everytime you pass by and you can
feel the security in DPC
In value wise, if you buy DPC, your valuation now is only 70% but then again, this place is recession proff i believe, most rich ppl stay here and nowadays can see more expats there

Back to the basic, the question lies back, Rawang has potential to grow
but selling at 5++k for a link house without gated like DPC is selling high
I believe dev of rawang will throw in more freebies next year to continue selling in slow time
may be free 30k kitchen cabinet, angpow special $88,888 something like this

i wait and see whether next year will be a better year to buy rclxms.gif
kelvin667
post Dec 31 2011, 11:15 AM

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Desa Park City Kepong
kelvin667
post Jan 5 2012, 02:04 PM

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No more BBB i guess
receive sms, rebate 7% free spa, mot, loan - d/p 5k only

so many freebies, seem like they want to offload fast
kelvin667
post Jan 6 2012, 11:25 AM

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Even Flipper are sidelines now
so ppl wait and see now

with the 7%, they have lower their selling price
518000 - 7% = 481,740
481,740 - est 5%(loan,spa, mot) = around 457,000

if market drop further, may be there will be more freebies
else another icon pj , icon solaris or mcity
kelvin667
post Jan 6 2012, 11:36 AM

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china market also shaken up lately
most foreigner prefer to buy near KLCC or mon't kiara
i don't think they will be interested in rawang
kelvin667
post Jan 6 2012, 03:51 PM

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QUOTE(Vkrty @ Jan 6 2012, 12:27 AM)
It's the same as during launching nothing additional except the lion dance..
My friend went to sales gallery last weekend, the sales is about the same as during launch. phase 1 still has few units n phase 2 only few new sales...
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if what you say true
seem like sales is slow for this project too

This post has been edited by kelvin667: Jan 6 2012, 03:51 PM
kelvin667
post Jan 6 2012, 04:25 PM

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QUOTE(RawangPony @ Jan 6 2012, 03:58 PM)
seems like it has slowed down, but im not sure if they have started advertising this project beyong the people who have registered with them.  I could be wrong though. I would like to see what happens during the next property expo, because that will trigger the next wave of BBB, so we need to wait and see now. Phase 2 first row are all sold, the 2nd row is open now and the price is 20k more than the first row, each new row open is said to be another 20k more.
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they have started already
Saw the Bunting put up at kepong and flyer flying here and there
Weird they mention gated at the bunting, but some forumer here say individual title,
anyone can confirm?

no more BBB at market already lar
if they increase price 20k every row now, they have to give more freebies, it's a mere suicide for them to increase price for this time
moreover if the price are increase like this, how can bank give value, every row 20k - bank valuer must gone rclxub.gif

kelvin667
post Jan 6 2012, 04:35 PM

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QUOTE(M2K2Land @ Jan 6 2012, 04:30 PM)
Yeah market is slowdown might due to alot impact. CNY is near, maybe they need more cash on hand tongue.gif hehehe
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you wait and see lar....
next promotion may be they give RM28,888 ang pow special with lion dance..hahaha
should give free mandarin oranges to buyer rclxms.gif
kelvin667
post Jan 6 2012, 04:46 PM

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QUOTE(katijar @ Jan 6 2012, 04:40 PM)
wait for free myvi
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ms give myvi meh?
die die also give honda civic lar..
kelvin667
post Jan 6 2012, 04:52 PM

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QUOTE(scng @ Jan 6 2012, 04:46 PM)
Friend, how come the price is 518k now. Is this for 16x80 or the 22x80?
How come you mentioned "else another icon PJ, icon solaris or mcity"? you mean these places also not selling well?

If this is true, then it will be good. Really waiting for the market to slow down or even better asset bubble burst. Poor people like us cant afford a house already and the worst salary can't even catch up with the house price nowadays. When u save enough to buy 300k, the price went up to 400k. so u save again. when u save 400k, the price went up further. sigh...
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my friend,
My own believe, there will not be any fire sales or property bubble unless we have nose dive economy crisis
If buying for own stay, don't wait, buy if you see something nice
what expensive today, you will feel low price in 10 - 20 yrs from now
my forecast is this year price will stagnant, so you may choose your unit nicely brows.gif

buying own stay, don;t wait.....

anyway just my 2 cents
kelvin667
post Jan 6 2012, 04:55 PM

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QUOTE(katijar @ Jan 6 2012, 04:51 PM)
wah... i sapu 10 units if got civic
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hahaha, if civic may be only lucky draw winner only


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