Anyone know when the s&p going to sign ?

I am in phase 2, you ?

Any idea on how the upgrade project for Jalan Batu Arang going ? I am indicated that upgrade will be from toll junction to M-Residence project site.

Or it is just up to Anggun J.Jusco ?

That always a customer choice to pick their preferred banker. Discuss this with MS sales.

This may help to clear some doubts
http://www.malaysiapropertynews.com/2011/1...ai-meranti.html

Was there on last sunday, phase 1, 18 x70 only left n-lot and few intermediate units ( Not so good location).



This post has been edited by Jigjig: Feb 21 2012, 08:18 PM

Over heard the bank rates will be revise by next month March. Is that true ?

Revised to be higher rates.

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Added on February 29, 2012, 9:33 pmMah Sing acquired another land 157 acre ( 1 km away from M-Residence ) for Semi-D houses named M Residence2.

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

This post has been edited by Jigjig: Feb 29 2012, 09:33 PM

Anymore photos for phase 2 sales progress ? There will be "FREE" satay on weekend March !

This post has been edited by Jigjig: Mar 3 2012, 05:52 PM

I also get from HSBC rates blr - 2.45

Mine 500k above. Sorry not stated early.

Yes. But not sure sat or sun. Better call to find out before going

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Added on March 10, 2012, 11:49 am2nd 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

Called Salesman. Free satay will be on every sun on March. 11am onwards

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

Latest sales . Response not bad . I think another row will be release soon.




This post has been edited by Jigjig: Mar 21 2012, 11:36 PM

Just get a lawyer call asking for appointment to sign S&P next week.

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Added on March 23, 2012, 11:19 amfrom Rm 572K-592K onwards

This post has been edited by Jigjig: Mar 23 2012, 11:19 AM

No sure. Better call MS to verify.

I am one of them.

I think this is every owner concern as well. Reason i buy is because i like M-residence concept. Obviously the road and access is handicap for now.
I hope M.Sing does not let me down.

Any DMC agreement sign along with SPA signing ?