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

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walle
post Mar 9 2012, 02:50 PM

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QUOTE(RawangPony @ Mar 9 2012, 02:29 PM)
anyone has a phone number for HSBC sales person covering this project?

I agree with starting a fb group...we should meet up for TT as well...would be fun!
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you can call belle 0122264651


Added on March 9, 2012, 2:52 pm
QUOTE(spreeeee @ Mar 9 2012, 10:11 AM)
means u r quite young.. hsbc only offers max tenure of 65yrs old, and will minus 3yrs for contruction period.. so i guess ur age should be less than 27, right?
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i'm not that young, but my partner in this purchase is 27 biggrin.gif


This post has been edited by walle: Mar 9 2012, 02:52 PM
Bali ais
post Mar 10 2012, 02:33 AM

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M Residence Phase 2 launched??
Jigjig
post Mar 10 2012, 11:16 AM

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QUOTE(spreeeee @ Mar 6 2012, 11:34 AM)
free satay?
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Yes. But not sure sat or sun. Better call to find out before going


Added on March 10, 2012, 11:49 am
QUOTE(Bali ais @ Mar 10 2012, 02:33 AM)
M Residence Phase 2 launched??
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2nd phase been launched 1-2 weeks after phase 1. Now probably released few more rows for sales after that.

This post has been edited by Jigjig: Mar 10 2012, 11:49 AM
spreeeee
post Mar 10 2012, 12:58 PM

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called up the sales person yesterday, SPA will be available end of this month or early April, so still have plenty of time look for banks loan.. lol
Jigjig
post Mar 10 2012, 10:32 PM

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QUOTE(Jigjig @ Mar 10 2012, 11:16 AM)
Yes. But not sure sat or sun. Better call to find out before going


Added on March 10, 2012, 11:49 am
2nd phase been launched 1-2 weeks after phase 1. Now probably released few more rows for sales after that.
*
Called Salesman. Free satay will be on every sun on March. 11am onwards rclxms.gif
CKW008
post Mar 11 2012, 02:00 AM

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M-residence under developer Senai Meranti (Mah Sing)

tiger bank still have limit for financing this project..

kindly pm me for loan enquiries.. TQ

Regards,
Wallace
spreeeee
post Mar 12 2012, 10:31 AM

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QUOTE(CKW008 @ Mar 11 2012, 02:00 AM)
M-residence under developer Senai Meranti (Mah Sing)

tiger bank still have limit for financing this project..

kindly pm me for loan enquiries.. TQ

Regards,
Wallace
*
yah.. tiger only gives 80%
Bali ais
post Mar 12 2012, 11:19 AM

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Added on March 10, 2012, 11:49 am
2nd phase been launched 1-2 weeks after phase 1. Now probably released few more rows for sales after that.
*

[/quote]

Any idea what the price range now for superlink terrace?
spreeeee
post Mar 12 2012, 11:44 AM

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[quote=Bali ais,Mar 12 2012, 11:19 AM]

Added on March 10, 2012, 11:49 am
2nd phase been launched 1-2 weeks after phase 1. Now probably released few more rows for sales after that.
*

[/quote]

Any idea what the price range now for superlink terrace?
*

[/quote]
cheapest u can get from phase2 is around rm550k after discount
Bali ais
post Mar 12 2012, 12:34 PM

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Wao.... The price gone up so fast... M Residence no longer for small fish like me....
karma888
post Mar 12 2012, 12:36 PM

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notice that there is an industrial area just opposite the site.

ANy comment??
RawangPony
post Mar 12 2012, 12:39 PM

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QUOTE(karma888 @ Mar 12 2012, 12:36 PM)
notice that there is an industrial area just opposite the site.

ANy comment??
*
only a few warehouse thingies going on there...nothing to be to concerned about i feel... their structures look temporary as well...all though we could be both talking about something different..
spreeeee
post Mar 12 2012, 03:43 PM

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QUOTE(karma888 @ Mar 12 2012, 12:36 PM)
notice that there is an industrial area just opposite the site.

ANy comment??
*
opposite, not orchid farm meh? tongue.gif
thompsonchuah
post Mar 12 2012, 04:35 PM

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QUOTE(spreeeee @ Mar 12 2012, 03:43 PM)
opposite, not orchid farm meh?  tongue.gif
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haha opposite is Orchid Farm what..ahaaha

where is the FB page? setup-ed? biggrin.gif If nobody setup...i setup la thumbup.gif


Added on March 12, 2012, 5:47 pmhttps://www.facebook.com/mresidencer

it's up!

This post has been edited by thompsonchuah: Mar 12 2012, 05:47 PM
Jigjig
post Mar 12 2012, 10:30 PM

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QUOTE(thompsonchuah @ Mar 12 2012, 04:35 PM)
haha opposite is Orchid Farm what..ahaaha

where is the FB page? setup-ed?  biggrin.gif  If nobody setup...i setup la  thumbup.gif


Added on March 12, 2012, 5:47 pmhttps://www.facebook.com/mresidencer

it's up!
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Partial of the opposite land ( after the factory lot ) could be belong to Mah Sing too.
They acquired 157 acre for Semi-D houses named M Residence2.

http://www.theedgeproperty.com/news-a-view...-in-rawang.html

By E. Jacqui Chan of theedgeproperty.com
Wednesday, 29 February 2012 15:11 Bookmark and Share

KUALA LUMPUR (Feb 29, 2012): Mah Sing Group Bhd has acquired a 157-acre tract in Rawang, Selangor for about RM40.9 million or RM6 psf to develop new township, M Residence2 @Rawang (M Residence 2).

Located just one km south of its earlier township development M Residences@Rawang (M Residence), it has an estimated gross development value (GDV) of RM650 million.

“At Mah Sing’s current scale and scope which spans landed and high rise residential, commercial and industrial projects in Malaysia, we are cognizant of the need to continue acquiring more tracts of lands to fuel long term growth. With this acquisition, our landbank now stands at 1,217 acres with remaining GDV and unbilled sales worth an estimated RM15.5billion, giving us strong earnings visibility for the next 5 to 7 years,” said Mah Sing group managing director and group chief executive, Tan Sri Leong Hoy Kum in a statement on Wednesday, February 29.

He added that this is Mah Sing’s first land deal for 2012 and is a good start to its target of acquiring new projects with a potential GDV of RM5 billion.

The M Residence tract, was acquired in October last year and previewed in December. M Residence, comprising mainly link and superlink homes with some semi-detached homes and shops, drew strong interest from buyers with take-ups of about 90% for its 18 footers in Phase 1 and 70% for its 22 footers in Phase 2, touching RM115 million as at mid February. The gated and guarded M Residence is expected to be developed over 3 to 4 years.

For M Residence 2, the developer plans to offer only semi-detached homes, complemented by some shops.

“This is similar to the successful Aman Perdana township, and we intend to replicate the success by offering semi detached homes at link house pricing. We have planned linked semi-detached homes with land size of 34x65/70 and built up of 2,000 to 2,300sq ft. Currently, we intend to price these linked semi detached homes from RM638,000,” said Leong.

Calling the acquisition timely, Leong believed it will allow Mah Sing to capitalize on the branding achieved and tap on the strong spillover demand from the nearby project.

“With the awareness already created via M Residence, we believe we have a captive market which makes up a good buyers base. Our sales gallery is directly opposite Jaya Jusco which is only 3km from M Residence@Rawang, and has seen brisk traffic since it was opened in December. Besides the surrounding catchments, we can also promote M Residence 2@Rawang to our 11,000-strong existing members of our M Club loyalty programme,” added Leong.

The developer also expects the project to interest people who are looking for an affordable alternative in a well connected location, such as those living in Kuala Lumpur, Petaling Jaya, Subang Jaya and Selayang among others. Furthermore, there are large catchments of upgraders from Batu Arang, Kundang, Kuang, Sungai Buloh, in search of new township schemes offering a lifestyle concept, it said.

M Residence 2 is located less than 30 minutes from Jalan Duta Toll in Kuala Lumpur and Damansara Toll in Petaling Jaya. A major road upgrade to turn the road into a dual carriageway from the junction of the Rawang toll to the junction of the main road to Bandar Tasik Puteri is in progress, and shall improve the traffic flow along this road. M Residence 2 can also be accessed via the Kuala Lumpur-Kuala Selangor Expressway (formerly known as Latar Highway).


This post has been edited by Jigjig: Mar 12 2012, 10:59 PM
CKW008
post Mar 13 2012, 09:20 AM

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This post has been edited by CKW008: Dec 16 2017, 01:54 PM
walle
post Mar 13 2012, 09:31 AM

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maybe he mean, he got 80% from MBB only lor...
spreeeee
post Mar 13 2012, 10:25 AM

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QUOTE(CKW008 @ Mar 13 2012, 09:20 AM)
this is under residential package..

max financing is 90% as long as is 1st or 2nd property..

where is your proof that only 80%? margin might be slashed to those who commitments are high..

anyone who is eligible can get 90%.. i am doing a few cases..

pls clarify your statement spreeee..

Regards,
Wallace
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is true.. this is my 1st house.. dunno y mbb give me 80%

and hlbb also 80%, my friend is branch manager there.. he stated that will not get 90% if got discount from developer..
RawangPony
post Mar 13 2012, 11:08 AM

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QUOTE(spreeeee @ Mar 13 2012, 10:25 AM)
is true.. this is my 1st house.. dunno y mbb give me 80%

and hlbb also 80%, my friend is branch manager there.. he stated that will not get 90% if got discount from developer..
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Maybank gave me 90%
Hong Leong 80%
HSBC 90%

btw age its my first property as well and im not all that financially stable and my age is 25...so yeah im sure it vary's case by case...those who get 80 also probably have heavy loading on vehicle or maybe study loans... or other monthly commitments...

This post has been edited by RawangPony: Mar 13 2012, 11:11 AM
JazzyJaz
post Mar 14 2012, 04:52 PM

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hi, im a new comer, kindda interested to buy property at rawang area, BTP or emerald..it seems taht Emerald is too expensive la, i think cant afford..but this is my first time want to buy house with hubby. both of us gathered our salary will be like 6.5k per month. do u think we can buy property that worth 300k ? dont know how the installment wil be like and how much we got to give for deposit and bank loan that we can get. we both 31 yrs old. i heard frm certain bank allow up to 40 yrs instead of 30-35 yrs. need your advice. thanks guys.

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