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

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rachel_xxx
post Apr 2 2013, 11:26 PM

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QUOTE(Chris Chew @ Apr 2 2013, 11:19 PM)
Why so rush for loan application since there are quite some details are yet to be finalize yet?

Prior to your purchase, buyers should have been informed by Mah Sing's SA that this current phase is pending AP & DL which will takes few months time, SA said at least 4-5 months. But I foresee much longer.

The current land is agriculture land which status is pending approval from Land Office for the land status to convert into Residential Land. It takes months and I have no idea when Mah Sing submitted the application, but based on Mah Sing's reputation, it can be done within 2-3 months.

Most of the banks EF are yet to be finalize, yet, actually they are in no rush unless Mah Sing able to convert the current agriculture land to residential land with land title premium paid, then developer only able to apply for AP & DL, ( in between banks will proceed for final EF ) which takes 1-2 months and after obtained the approval, then only they can officially launch it and let buyers sign the S&P.

I think estimated, it takes about 5-6 months from now. Depends on how aggressive Mah Sing is going to develop it and launching the next rows or phases. If they slowly and not keen, it might be takes 7-8 months.
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even if they didnt inform verballly, it is stated in their fb page 4 to 5 mths.
Chris Chew
post Apr 3 2013, 12:02 AM

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QUOTE(rachel_xxx @ Apr 2 2013, 11:26 PM)
even if they didnt inform verballly, it is stated in their fb page 4 to 5 mths.
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My SA did informed me when I pursue before booking.

But when I asked what is current status of the land now and after being told, it was still an agriculture land and still PENDING APPROVAL from land office for the conversion, okay, then I replied him, it should be at least 5-6 months. If this is not an on -going launches, with Phase 2 coming on, I think I'd say not a surprise if take up to 9 months.

The main issue is not how long the land approval / conversion takes ( part of the issue anyway ) but how long do Mah Sing take to complete the project ( although it is stated as 3 years project from the date of S&P ) where, Mah Sing can actually starts the work and it shall be take lesser than 2 1/2 years to complete the job, if they wanted to finish off earlier.



Wan13
post Apr 3 2013, 12:06 AM

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QUOTE(karma888 @ Apr 2 2013, 05:08 PM)
Thanks to those who have PM me. Keep it coming

The rebate and freebies that i mentioned would be rebate sharing.

Good things must share share mah

thumbup.gif  thumbup.gif  icon_idea.gif  rclxms.gif  rclxms.gif  rclxm9.gif  rclxm9.gif
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Hi karma888, I just pm u. Hope to hear from u ASAP smile.gif
crakalatin
post Apr 3 2013, 10:42 AM

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I spoke to my SA regarding to the conversion. He told me it's going be be converted as soon as 2-3 months. But the thread here is saying otherwise. Some are pointing out 6 months, others are speculating 9 months. rclxub.gif
Chris Chew
post Apr 3 2013, 02:55 PM

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QUOTE(crakalatin @ Apr 3 2013, 10:42 AM)
I spoke to my SA regarding to the conversion. He told me it's going be be converted as soon as 2-3 months. But the thread here is saying otherwise. Some are pointing out 6 months, others are speculating 9 months.  rclxub.gif
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Who speculating 9 months?

Even SA also hard to confirm buyers bcz they speak according to their management instructions.

While ur SA said 2-3 months. Some SA said 4-5 months for S&P signing

Btw, land conversion from agri to resi is one stage. To apply for AP and DL is another stage.

I doubt TMS able to confirm us the exact quarter date of completion date, whether late 2016 or early 2016.
cheahcw2003
post Apr 3 2013, 03:01 PM

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Whatever it is, if u think it is a good investment after your due diligent. Just pay 3k, and watch what happen after GE, and how it affects the investment? Basically it won't affect much as as housing is a necessity, ppl need shelters to live in.
Only apply loan once the lawyer inform u to sign, usually u r given 14 days notice to do so.
seanooi880327
post Apr 3 2013, 03:18 PM

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Rm1k Booking fee only right?
Chris Chew
post Apr 3 2013, 03:26 PM

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QUOTE(seanooi880327 @ Apr 3 2013, 03:18 PM)
Rm1k Booking fee only right?
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Boss. Booking fee RM 3,000 for Alpine, MR2.


seanooi880327
post Apr 3 2013, 03:34 PM

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QUOTE(Chris Chew @ Apr 3 2013, 03:26 PM)
Boss. Booking fee RM 3,000 for Alpine, MR2.
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Boss, thought Rm1k because MR1 require Rm1k booking fee for Phase 3 during last month.. Not sure now.. smile.gif
Jigjig
post Apr 3 2013, 11:18 PM

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Understand there will be land allocated for Hypermarket. But know J.Jusco is not far away.

Can we think of something creative / innovative beside to build Hypermarket.

Perhaps it is good to propose to Mah Sing if we had good idea here.

I am sure our property price will goes up faster is we have successful hypermarket or our proposed "innovative" plan.

Example :-

1) Electronic / Electrical center like Low Yat to serve northern area

2) Automobile hub to display various type of show room cars /spare parts

3) Giant furniture center like ikea

This post has been edited by Jigjig: Apr 3 2013, 11:20 PM
Chris Chew
post Apr 3 2013, 11:20 PM

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QUOTE(seanooi880327 @ Apr 3 2013, 03:34 PM)
Boss, thought Rm1k because MR1 require Rm1k booking fee for Phase 3 during last month.. Not sure now..  smile.gif
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Boss, oh ic. I thought MR1, Phase 2 and 3 for 22x80 booking fee should be RM 5k ... didn't know about the RM 1k booking fee or maybe for the Phase 1, 18x70?



rachel_xxx
post Apr 3 2013, 11:21 PM

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QUOTE(Jigjig @ Apr 3 2013, 11:18 PM)
Understand there will be land allocated for Hypermarket. But know  J.Jusco is not far away.

Can we think of something creative / innovative beside to build Hypermarket.

Perhaps it is good to propose to Mah Sing if we had good idea here.

I am sure our property price will goes up faster is we have successful hypermarket or our proposed "innovative"  plan.

Example :-

1) Electronic / Electrical center  like Low Yat to serve northern area

2) Automobile hub to display various type of show room cars /spare parts

3) Giant furniture  center like ikea
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Multiple storeys of foodcourt/restaurants? biggrin.gif
Chris Chew
post Apr 3 2013, 11:24 PM

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QUOTE(Jigjig @ Apr 3 2013, 11:18 PM)
Understand there will be land allocated for Hypermarket. But know  J.Jusco is not far away.

Can we think of something creative / innovative beside to build Hypermarket.

Perhaps it is good to propose to Mah Sing if we had good idea here.

I am sure our property price will goes up faster is we have successful hypermarket or our proposed "innovative"  plan.

Example :-

1) Electronic / Electrical center  like Low Yat to serve northern area

2) Automobile hub to display various type of show room cars /spare parts

3) Giant furniture  center like ikea
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Wow, big project boss.

I dunno the entire master plan of MR1 and MR2, bcz I never capture any photo and study at home, but based on the size combine, it is slightly 10% smaller than whole Desa Park City.

I agree a hypermarket would be great, something for groceries, chilling out on cafes and restaurants, buying something where we not necessary to travel to Jusco, although 3-4kms is not that far away from door step.

But, automobile hub is not a great idea as it doesn't entirely pull the crowds coming into MR1/2 but only pulling the factor of being a luxury showcase or car show retail.

I am much prefer a small mall and next to linear garden or park, similar like DPC, but smaller version.


Hello_kitty 89
post Apr 3 2013, 11:25 PM

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University. Lol
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post Apr 4 2013, 12:03 AM

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Kolam pancing ikan+seafood restaurant from kuala selangor! smile.gif
mybenz
post Apr 4 2013, 12:55 AM

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QUOTE(cheahcw2003 @ Apr 3 2013, 03:01 PM)
Whatever it is, if u think it is a good investment after your due diligent. Just pay 3k, and watch what happen after GE, and how it affects the investment? Basically it won't affect much as as housing is a necessity, ppl need shelters to live in.
Only apply loan once the lawyer inform u to sign, usually u r given 14 days notice to do so.
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yal agree 438k.. for landed with strata and GnG and Clubhouse n proposed school w lake.. quite a decent and affordable home for own stay..

why not?


Giant
post Apr 4 2013, 12:05 PM

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This area used to called bukit beluntong right?
g8dnitez
post Apr 4 2013, 01:17 PM

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I just paid the booking and now applying for the loan. Do I have any deadline for loan approval? Does it mean I have to sign the loan agreement once the loan approved? According to SA S&P sign soonest 4 months later. And the loan installment starting once S&P signed?

Sorry a bit confuse, first time buyer here.. smile.gif

This post has been edited by g8dnitez: Apr 4 2013, 01:18 PM
Glcotan
post Apr 4 2013, 01:34 PM


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QUOTE(g8dnitez @ Apr 4 2013, 01:17 PM)
I just paid the booking and now applying for the loan. Do I have any deadline for loan approval? Does it mean I have to sign the loan agreement once the loan approved? According to SA S&P sign soonest 4 months later. And the loan installment starting once S&P signed?

Sorry a bit confuse, first time buyer here.. smile.gif
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So fast need to apply loan already??

JH1533
post Apr 4 2013, 05:20 PM

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QUOTE(Jigjig @ Apr 3 2013, 11:18 PM)
Understand there will be land allocated for Hypermarket. But know  J.Jusco is not far away.

Can we think of something creative / innovative beside to build Hypermarket.

Perhaps it is good to propose to Mah Sing if we had good idea here.

I am sure our property price will goes up faster is we have successful hypermarket or our proposed "innovative"  plan.

Example :-

1) Electronic / Electrical center  like Low Yat to serve northern area

2) Automobile hub to display various type of show room cars /spare parts

3) Giant furniture  center like ikea
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Moderate shopping mall with Friday well organised pasar malam. Add few education center will be great and Kuala Selangor seafood restaurants

This post has been edited by JH1533: Apr 4 2013, 05:22 PM

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