Isnt ku suites semi furnished? Wat abt I-city?

it is semi-furnished too... with kitchen cabinet, hood, water heater, air-cond. the 754sf is 1+1 room type, the so call +1 room is a very small room only capable to put in single-size bed, and it is without window !


however, if for bigger unit , the per sq ft price is cheaper.

today I had viewed again the another show unit, which is the largest size, 1357 sqft. asking RM667,220, with 3+1 room, 3 toilet, 2 car park. sound great!
after 5% rebate, RM467/sqft...

what u guy think ?

467 after rebate?
FH, semi furnished, consider low density, nice facade.

is the area ready to support this kinda project? if yes, the subsequent launches surrounding this area would sure maju in no time.

ya, RM467/sq ft after 5% rebate... bigger unit cheaper per sq ft price.

some pron :

only 6 units sharing 3 lift per floor.... total 360 unit only, low density, privacy !

con :

the township not matured yet, surrounding area still many shoplot ,retail / office are empty.... located in shah alam, not as prosper as KL/PJ/Puchong area...

If I'm not mistaken,ku suites comes with expensive kitchen appliances.

IMHO,price is too high for this part of shah alam. Older condo in mont kiara now $400+psf.

If down payment have to fork out 70%, ie rm100k, is it worth to invest?
Quite interested, got city mall, soho, office block...etc.

older one should almost near to 500psf. except some too near to highways or located at dutamas area.....LOL

Went to sales office yesterday, 715/750ft2 almost sold out. But bigger unit still a lot.
Price at 530/ft2 after 5% discount, consider at high side.

You have ask their bank panel?
Only 70% max can be borrow?

1 of the panel bank is cimb, pay 10% and then wait 3 years, with DIBS

the 5% rebate is deducted from the 1st 10% deposit, so, u just need to pay 5% of the selling price, and wait 3 years....provided u secure the loan from bank.

I only eligible for 70% loan cos this is my third property.
Just wonder is it worth to invest if have to fork out around rm100k.

FYI,i city project around almost 20 years but still not hot.IMHO, It's a slow area.

my main worry is who going to complete the project??

The entire management knows nut about property. They build the wrong spec for the office, till now, like ghost town.

Jam is the major issue also. Unless u got something change in management.

ya, i agreed with u , the shoplot there are like a ghost city.... the management still don't knnow how to properly manage the housing development project...

if they engage me as the leasing & marketing manager, i can revive the whole project haha.... this is so called when u sick too long, u became a doctor yourself hahahah....

Icity office lot 80% occupancy rate. There is a block where they control the leasing. Icity is MSC status, attracts many MSC companies as they offer lowest psf among others msc offices.

sorry, where is ku suites?
new launch as well?

KU Suites, location Kemuning Utama, near Sri Muda.

thanks for the info!

weekday have to work..
no time to visit show unit/sales office..

I-Berhad to build condo, duplex houses in I-City
By Bernama
Friday, 06 April 2012 15:57

SHAH ALAM: I-Berhad is set to build 348 condominium units and 20 duplex houses in the city of digital lights in Seksyen 7 here. Each residential unit in i-City starts from RM340,000. The i-Residence project constituted 20 percent of the 29ha i-City development, I-Berhad CEO Datuk Eu Hong Chew told reporters after the ground-breaking ceremony officiated by Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim here today. Present was Shah Alam Mayor Datuk Mohd Jaafar Mohd Atan.

Eu said i-City, dubbed the first lighscape tourism destination in Malaysia with state-of-the-art LED technology showcase, would also have a new attraction inspired by Clarke Quay, a riverside development in Singapore. It was in line with the state government's project to upgrade the 7-km Sungai Rasau that cuts across i-City, he said.

"We will build floating restaurants like Clarke Quay that can draw yang more tourists but the project will start after the Sungai Rasau upgrade that is expected to take about nine months," he said.

This development was included in the estimated gross development value of RM1 billion, he added.-- Bernama

i-Residence offers good mix for buyers
By E Jacqui Chan
Friday, 06 April 2012 14:32

SHAH ALAM: i-Bhd’s first residences in its 72-acre (29.1ha) freehold i-City development in Shah Alam have garnered encouraging sales since its sales preview on March 24.

The serviced residence known as i-Residence with a gross development value of RM160 million has hit 65% sales to date. The 2.4-acre i-Residence comprises two blocks of 346 suites ranging from 715 to 1,357 sq ft and 20 low-rise duplexes measuring between 2,529 and 3,734 sq ft. The first block was already almost fully sold by word of mouth before the preview. Prices start from RM382,000 onwards.

The RM3 billion mixed commercial development master planned as an integrated information and communications technology-based community with lifestyle recreation has expanded its residential component by 30% following an increase in plot ratio to 1:5 from 1:3.

The increased plot ratio grew its built-up space to 13 million sq ft from 7.5 million sq ft and brought its residential total gross floor area to more than eight million sq ft.

“i-Residence offers a good mix of options for purchasers, with mainly single professionals and young couples taking up the smaller units, while the 2+1 bedrooms were more to the liking of new families,” said Monica Ong, director of i-Bhd.

Ong added that the 3+1 bedrooms were the preferred choice of those looking for affordable extra space such as parents purchasing for their children and retired couples who want security and hassle-free living.

The turnout at the sales preview was more than the developer expected with good response from serious buyers.

“Escalating prices in Selangor have deterred first-time home buyers and young executives looking to invest in property. i-Residence is located in an untapped market in this part of the Federal Highway offering high-rise urban living residential concepts thus giving a window for potential investment value appreciation,” said Ong.

The developer plans to launch about one million to two million sq ft of properties each year until the expected completion of i-City in 10 years. Next on the list is the launch of SoHos, targeting the younger crowd. The indicative prices are between RM465 and RM500 psf, and it is scheduled to be launched in 2H12.

Certified as a MSC Malaysia cybercentre and endorsed as an international park, the developer plans to package its residential products as part of its MSC development, targeting not only Malaysians but foreigners as well.

Its international park status makes i-City the only area in Shah Alam allowed to operate entertainment and F&B outlets around the clock.

i-City comprises office suites, corporate towers, hotels, a data centre hub, serviced apartments, an innovation centre and a shopping mall. Also planned is a riverfront development similar to Clarke Quay in Singapore.

Hi there,

My name is Sherry and I'm a banker from Public Bank.

If you have any questions or queries, please do not hesitate to contact me. Thanks.


Sherry
012-2796620