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Investment Elements@Ampang, Good

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froglai88
post May 8 2012, 07:19 AM

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QUOTE(rockefeller @ May 5 2012, 06:27 PM)
I paid booking for a unit type H here but cancelled and bought G Residence by Tan & Tan instead. The cons for this project outweighed the pros that's why I decided not to proceed (price point, density, developer's reputation, location and etc.) compared to G Residence wink.gif
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I bgt both The Elements and G residence. I bgt type F ( If not mistaken) and signed SPA early last year for The Elements.

Added on May 8, 2012, 7:20 am
QUOTE(AMINT @ May 5 2012, 05:43 PM)
Hello guys, I just went to Elements@Ampang showroom.Block A about 80% sold while Block B 90% sold. Not bad. The building also under construction and can be seen currently at level 5. Anybody here bought Elements?
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Wah, sales suddenly so keng ? Maybe like others said, pp rush into The Elements bcoz of skyhigh price for M City..

This post has been edited by froglai88: May 8 2012, 07:20 AM
froglai88
post May 9 2012, 06:45 AM

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QUOTE(AMINT @ May 8 2012, 10:22 AM)
Hello, froglai88. Bought both aa. hehe. i am currently also vested in elements. Like you I was suprised of the sales. Sudden rush
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This is a good news for us then, instead of slow sales and progress news all the times. rclxms.gif

Added on May 9, 2012, 6:52 am
QUOTE(rockefeller @ May 8 2012, 12:22 PM)
The studio 520sf is cramped as hell! Cheap but no space to move at all.
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Agreed. I think 520sf abit too small, however it is design to cater for different mkt. Anyway, how many studio and 1 bedroom unit all together in tis project ?

This post has been edited by froglai88: May 9 2012, 06:52 AM
froglai88
post May 25 2012, 12:34 PM

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is the 10% discount still available ?
froglai88
post May 26 2012, 10:13 AM

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Seems like we need to thx Mah Sing, coz M City suddenly made The Elements a good buy due to lower entry price. If not mistaken, there were still lots of nagative feedback and unsold units back to 4 mths ago..
froglai88
post Jun 7 2012, 07:03 AM

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QUOTE(iancyteo @ Jun 6 2012, 06:50 PM)
Price of Elements depends on M-City. Elements will be completed in 2014 (if on schedule), and M-City targets 2016.

Passed by the place last Sunday, sign of construction slowing down. Elements is about 7-8 floors now. But M-City is still seeing a big hole instead of building up.

I did visit Mah Sing sales office last month, they are still selling tower 2, and 2 more towers not yet launched. Mean the sales is not so optimistic in this price (it was RM1k/sf then).

If still on target, Elements owner might need to hold on for 2 years til 2016 M-City completion. If M-City is delay, then probably you gonna hold it longer...

Hopefully Elements will be delayed too (since it is DIBS)...

Just my 2 cents....
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Thx for the update. 7-8 floor, tats pretty quick.. how many progressive drawndown so far ?

I tot DIBS only for 36mths ? After that, regardless VP on not, we are liable for interest payment then. Can anyone clarify ?

Heard from those previous ML customers, their project nvr on time, keke. Instead of 2014, I would say 2015 then... whistling.gif whistling.gif

Added on June 7, 2012, 7:07 am
QUOTE(AMINT @ Jun 6 2012, 10:56 PM)
Eh I thought M City also 2014? No ahh? Actually not necesarily that it is bad for Elements if M-city delays coz not so much supply at 1 time. Elements buyer will
already be competing against each other. huhu. dont steal my expat tenant,ahhh. tongue.gif If not mistaken, in S&P got stated limit year for DIBS. I have to check
back
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Agreed, 1040 units, very strong competition. rclxub.gif

This post has been edited by froglai88: Jun 7 2012, 07:07 AM
froglai88
post Jun 7 2012, 12:17 PM

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Yup, very strong competition, esp those smaller size units below 1000sf, make up of ard 73+% of the entire project.

Read the chart just now, 140 units of Type H (1570sf).

Amint, u for flip or rental or own stay ?
froglai88
post Jun 8 2012, 08:01 AM

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AMINT, i also for rental purpose at this stage. Flipping isnt my expertise, not good at it at all, keke.

I think we will pay the interest once over d 36mths DIBS period. Heard from ex buyers of ML, they nvr pay LAD, is it true ? If it is true, then I dont think they will pay d interest despite late delivery.
froglai88
post Jun 19 2012, 02:14 PM

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Hmmmm... this is interesting, such a big difference of sale record btw d fair and SA.

No wonder there was only 1 progressive drawndown so far. But is bank allow to do that ? Means not release funds until VP.

This post has been edited by froglai88: Jun 19 2012, 02:15 PM
froglai88
post Jul 6 2012, 08:22 AM

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Mayb they changed lawyer ? I remembered when I signed mine, there r at least 5-6 pp working in tis lawyer firm.
froglai88
post Jul 9 2012, 06:57 AM

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Can anyone update the construction progress ?
froglai88
post Jul 10 2012, 07:42 AM

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QUOTE(AMINT @ Jul 10 2012, 12:42 AM)
Hello guys. This was last week when I was at the site. You can see that Elements progressing fast. The 1st picture is from AKLEH. try using that from KLCC. Only 5-10 minutes drive. The 2nd picture is at the site itself. The 3rd picture is M-City. Dunno why but M-City is progressing rather slow.

blink.gif
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AMINT bro, thx for ur pics..anyway, wat level they up to now ? They progress so fast, mayb try to rush for the promised completion date. laugh.gif

This post has been edited by froglai88: Jul 10 2012, 07:49 AM
froglai88
post Jul 10 2012, 08:02 AM

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Yeah, I also prefer for late VP, to avoid direct competition with those expecting VP ard the same time in this area.. haha.
froglai88
post Jul 10 2012, 02:37 PM

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I think d 1st competition will come from the Elements owners themselves, esp those below 1000sf, 758 units out of 1040 units.
froglai88
post Jul 11 2012, 07:35 AM

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We will know what is the exact rental when VP and competition start, good luck, guys.
froglai88
post Oct 15 2012, 11:29 AM

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QUOTE(maryjane9996 @ Oct 13 2012, 11:07 PM)
mine is the last 850sqft unit.should i say im lucky coz that unit only available this morning due to prev guy fail to get loan..

i would say,there are less than 60 units left,those studio and 1500sqft.
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This is definately a good news rclxms.gif Thx... Anyway, welcome to the club.. rclxm9.gif
froglai88
post Oct 15 2012, 12:22 PM

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QUOTE(maryjane9996 @ Oct 15 2012, 01:43 PM)
hi future neighbour.
which type u bought ?  smile.gif
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I think type F, 2+1 bedrooms. tongue.gif

Added on October 15, 2012, 12:24 pm
QUOTE(AMINT @ Oct 15 2012, 02:14 PM)
this is service apartment. just like hotel where people come and make up ur bed, take away ur trash and some even wash dishes( some dont). I know elements sales will pick up because it looks cheap already. other new high rise like in puchong, seri kembangan already near to element psf. wtf.
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Oh... nvr know elements classified as service apartment... blush.gif

This post has been edited by froglai88: Oct 15 2012, 12:24 PM
froglai88
post Oct 15 2012, 12:47 PM

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QUOTE(kh8668 @ Oct 15 2012, 02:28 PM)
it call serv. apartment due to it is located on commercial lot. LOL
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Boss, can explain abit more d difference btw condo and service apartment ? Abit confuse with bolehland housing classification... tongue.gif
froglai88
post Oct 15 2012, 01:01 PM

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QUOTE(kh8668 @ Oct 15 2012, 02:53 PM)
read this http://www.hba.org.my/news/2004/904/cost.htm

more to read

http://www.propertick.com/article/the-attr...iced-apartments
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Boss, apart from all these parking, utilise charges, late payment penalty... can service apartment use like 'hotel', for short term stay ?

I think elements come with parking bay allocated. D rest fingers crossed then.. tongue.gif
froglai88
post Oct 17 2012, 06:17 AM

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QUOTE(yuanyuen @ Oct 16 2012, 05:07 PM)
Just in case someone interested to buy Elements @ Ampang,
Do PM me your email.
Will send you info

I am agent and we have 100++ exclusive units to be launch here.
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rclxub.gif rclxub.gif Suddenly so many available..
froglai88
post Oct 24 2012, 08:09 AM

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+1. Thx for the update.
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