The smallest ain't 640sq.ft? May I know what is your entry price? Do they still have any promotional package?

Feel strange they still have unit left since launching is 2 years back....

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....

36 months... is it started counting from the day of signing S&P?
I did visit another ML Project, and we knew that ML is famous of delaying the project, I did ask what if DIBS has been over? SA said we don't have to worry and developer should be paying the penalty~~~ Of course it is not easy to get them pay.

Elements is the joint development by L&G and ML. Seem the whole project is handled by L&G (SA is from L&G too), ML just own the land.

How's the reputation of L&G??? I only knew they developed Bdr. Sri D'sara.

Last weekend I went to KLCC iproperty fair. L&G counter is just next to entrance, and I kpc again to 6c6c the Elements sales again.
The sales girl showed me the available units. Wow!!! Who said 80% sold earlier??? I can see more white than red (red color units were sold). I estimate is only 50%. Compare to last time, the price is remained the same and they have the same package (RM10k dp, and rest bounded by developer).
Hmm.... doesn't look optimistic.
The other side of MRR2, new launching D'Suria, only RM430/sf, total 253 units into the market in Ampang.

Try to ask different SA, they will give you different answers.

If still 6-7 floors, means Elements also slow in progress... I was at the site a month ago, it was at 6-7 floors too....


This post has been edited by iancyteo: Jul 10 2012, 02:44 PM

Elements investor, you will be interested to know this too...

Elements investor, you will be interested to know this too...

developer has default the DIBS interest for 2 months already. Received calls from bank almost every week asking for paying up.

call developer (whatever number), also no answer one.

Loan is under borrow name (mean you), if developer not paying up the Dibs, so bank will come after you, not the developer.
What we can do is to use the power of media (FB, forum) to alert investor...

Come on... M City...

This project already selling 2-3 years... still HOT SELLING???

last time also said HOT... and 80-90% sold!!!
But after 1-2years, still have units unsold...
They think is seller HOT, not buyer HOT. kekeke...

Elements is bad, but M-City is worst!

Yes... I'm talking about sales.
If not mistaken, there should have total 5 blocks for M-City. They target completion in 2015, but only launch 3rd block right now, and 2nd block still have many units available. It is over-pricing, and Elements strategy is soon it will catch up the price of M-city. So how true is it?

Buyers sure confident... because they have bought it.
Seller/Agent sure confident... because they sell it.
Real property investor... hmm... as some other said, not so optimistic with the price, no. of units, the rental yield.

But, overall, they property price sure going up, it is the factor of time and speed.

If you are lucky, price fold in years, some might take decades.

I think those paying premier for KLCC view at Elements, will "take knife stab laps" jor
Arte is about the same height of as Elements, I believe more or less will block the view also.

Propose to developer, build a sky bridge link to Arte

40+ storey is much higher than MRR2.