WOW!!!!! Can a nonbumi buy???? Good??

this is the transaction for old blocks.
new blocks nothing cheaper than 700k

Yes.. Block E

Block A with residential rate for electricity and water tariffs should be 700k plus for 1095sqf and above. 1095sqf for Block C definitely higher. Block B has transacted price of 800K + according to some forumers

Wow price is catching up!!!

So the moral of story is even with lousy developer but in good location, property price still up upx3
With empire city opening, the rental demand or transactions should be high.

Good news..


Published: Saturday January 31, 2015 MYT 12:00:00 AM
Updated: Saturday January 31, 2015 MYT 8:59:07 AM

Ritz-Carlton Hotel coming up in PJ







Welcome addition: The 53-storey Ritz-Carlton Hotel, the second in Malaysia, will be built in the Empire City development (left) in Damansara Perdana.
Welcome addition: The 53-storey Ritz-Carlton Hotel, the second in Malaysia, will be built in the Empire City development (left) in Damansara Perdana.

The Ritz-Carlton Hotel chain will be opened in Damansara Perdana, Petaling Jaya, next year.

The 53-storey hotel, the second in Malaysia, will be built on a 1.6ha site in the Empire City development. It will have 288 rooms.

Ritz-Carlton announced the plan after signing an agreement with Mammoth Empire Holding Sdn Bhd and Knight Frank Sdn Bhd on the project.

The Ritz-Carlton Hotel Company president and chief operating officer Herve Humler said the hotel would be a welcome addition to their growing Asian portfolio.

Mammoth Empire Holding Sdn Bhd Datuk Ng Yee Teck said “Empire City is a sustainable project that will give a huge boost to the Malaysian economy, igniting business and service trade opportunities while offering numerous job opportunities and lifestyle enhancements for Malaysians, particularly those residing in the Klang Valley.”

Empire City spans 12ha and will be built in phases. The components of the development include over 2.5 million square feet of retail space, 1.2 million square feet of office space and the Ritz-Carlton.

The new Ritz-Carlton hotel will be designed according to the hotel standard.

MK Land to develop land Damansara Perdana land with Mammothpsj
Saturday, 31 January 2015






PETALING JAYA: Saujana Triangle Sdn Bhd, a unit of MK Land Holdings Bhd, and Mammoth Empire Land Sdn Bhd have inked a deal to jointly develop a mixed development project on an 11.78-acre plot of land in Damansara Perdana here.

In a filing with Bursa Malaysia, MK Land said under the agreement, Saujana Triangle wasentitled to RM82.12mil for contributing the leasehold land - at RM160 psf - or 22% of the gross development value (GDV) of the development project, whichever shall be the higher. Mammoth Empire Land will be the developer of the project.

It said Mammoth Empire Land was expected to settle Saujana Triangle’s entitlement within a year from the date of the joint development agreement.

“The joint development will complement our plans to expedite the development of our landbank in Damansara Perdana,” MK Land said in a statement yesterday, adding that the deal also represented a strategic opportunity for the group to venture into property development with other reputable developers.

It said the joint development was also expected to contribute positively to MK Land, adding that no source of funding was required from MK Land or Saujana Triangle.

It said Mammoth Empire Land would be responsible to provide the necessary financial strength and resources to meet the development costs of the land.

MK Land closed half a sen lower to 42.5 sen yesterday, with a market capitalisation of RM518mil.

Share price drop despite the big announcement.
Mk land also forget to mention they have huge amount due to pay to the Armanee Terrace 2 buyers, same goes to Empire group on Empire residence.

How is MK's new show room for Rafflesia? I have been blacklisted by them coz I visited too many times...

Rafflesia? Still got units unsold?

yes plenty

non gng, no club house, leasehold, 3,5 mil price tag. Poor workmanship, still interested?
Surronding got many choice

Any AT2 owner filing lad with mk? I Bought mine in 2010 and wonder if any owner had hired lawyer to process lad.

Well MK Land wasn't late in delivering the MSQ Block B and Block C. But maybe because they weren't late that there are defects here and there.

I was just at armanee, looking at the progress of AT2, doubt it can complete in mid 2015, now mar 2015, one of the wing facing forest still has work in progress and the landscaping not done yet.

that's not good

I rented out my AT1 to a AT2 purchasers, the 2 years tenancy will be expired mid 2015, looks like they need to extend it for another year.

Hoping that AT2 and empire residence will bring up the pricing of AT1 one they are completed

AT 2 VP??

Anyone know what is AT2 progress ?