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 M Residence 2, Review and status

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thecontrails
post Aug 27 2013, 02:59 PM

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QUOTE(Chris Chew @ Aug 26 2013, 12:25 AM)
Oh, change plan dy?

OMG, it could be different if they going to launch the Phase 2 of the 20 x 65, Type B1 and B2, bcz it is another 400+ units of 20 x 65 just like Alpine.

I wonder how come they launch the Phase 2 since there are one or two rows of Phase 1 is yet to open for sale.
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Chris kor, do you think the next launch in MR2 is still 20 x 65, which is 400+ units? That will make the total number of 20 x 65 of whole MR2 to be 800+? Wont it be on high side?
Other developments, normally there will be increase in lot size & built-up (say 22 x 70), so the price hike can be seemed reasonable. It happens in MR1, where the later launch is bigger in size comparing to the earlier one.
What is your take on this?
thecontrails
post Aug 28 2013, 08:56 AM

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QUOTE(Chris Chew @ Aug 27 2013, 04:38 PM)
Boss, you must be old timer here and dont lah call me like I am so old, lol.

You're entirely correct either. Yes, the Phase is 20x 65 as erected into the MR2's masterplan earlier and I not sure whether they had change the master plan bcz I didnt follow up much on M series after booking but unlikely to have changes.

456 units + 430+ units ( unable to remember the actual number but it's less than Alpine ) is a lot where close to 900 units, TMS would really like to brings it clear cut, where smaller size at MR2 and bigger size go to MR1 where 18x75 is merely a starting size point before the price is escalating up with sizes bigger. It was due to MR2 is stratified homes, hence 1885 sq feet built up is not small for a print of 20x65 and maintenance fee of RM 180 p/m is equally fair but not low based on number of units and total units of the whole MR2. Furthermore, the rumours of RM 280 pm is too high and a community of 400+ units is definitely not low.

However, the benefit is the next phases are all cluster homes or semi-ds so, no more linked houses for comparison except opts for F&G at MR1 for sizes of 18x75 or bigger sizes at 22 x 80 but I think whoever looking for 22x80 would compare this to Anggun or KE instead of Alpine where the price tag is big difference.

I am much prefer if TMS launch the cluster homes and semi-d first, where it would indirectly wont cause a havoc of heavily supply of both 20 x 65 phases with about 900 units competing each other by 2016 or separated by few months or a year.

However, if TMS is going to launch the 20x65 again next, I really hope it can sell slowly or else, it would be quite difficult unless I stick to my own plan, to hold the unit vacant for about 2 years.

By the way, Alpine has shown really a lot of buyers for own stay, and it keep repeatedly for next 20 x 65 phase, the high number of units also means a contradiction to the occupancy to be fill in, hence, it would be icing to the cake, which suppose to be cooked ( matured ) due to MR1's Phase 1-4 plus M Avenue has all beeen completed more than 1 year to see the sub-sales and township response.

900 units is certainly not easy for investment at the new township. Holding is the main key.
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hey boss, 'kor' doesn't necessary to be old and I am definitely not an old timer.

Share the same thought. 900+ units sounds a lot to me, in addition, they are same size! Ya, maintenance fee of RM180 is rather reasonable, but I believe that is not a major concern, be it investors or own stayers. That is what one expects to pay for G&G with clubhouse. For this mass market (imo), especially if TMS launches 20 x 65 at one go, investors need to prepare to hold for years before realizing expected gain. If the design & specs of next 20 x 65 phase is way better than Alpine, then it will be a challenge. Of course, the price of phase 2 will also be higher, but Alpine's will be capped by the former.

Rawang is still relative new to many. Good that you already have exist plan and prepared for it. SPA signed? You have until this weekend to do it...
thecontrails
post Aug 29 2013, 02:00 PM

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QUOTE(Chris Chew @ Aug 29 2013, 09:50 AM)
Its Khairin.

...Am under considerate mode now. Esp due to the news of Phase 2, Birch is open for preview as soon as next Monday means it would be total 900+ units of 20x65...
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Not an easy decision, the only advantage is early entry. Tough competition

 

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