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Investment CONEZION @ IOI RESORT CITY [OWNERS' THREAD], Infused with Lifestyle Excitement

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investor01
post Mar 30 2016, 08:27 AM

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QUOTE(Captain CK @ Mar 29 2016, 03:03 PM)
How is the sales so far?
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Should be almost 50% booked..quite good considering the project just launched 4 days ago...
investor01
post Mar 31 2016, 08:44 AM

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QUOTE(JamesPond @ Mar 31 2016, 12:12 AM)
avoid this project at all cost
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Hahaha...just because you didn't invest everyone should avoid??? At least share some facts/information together with your recommendation to make more sense la..
investor01
post Mar 31 2016, 12:49 PM

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QUOTE(ChuiChuiShui @ Mar 31 2016, 12:45 PM)
lai..explain further.. Bad experience with ioi?
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IOI can consider one of the better developers out there la in terms of value and certainty..if cannot buy property from IOI, then better don't buy already :-)
investor01
post Apr 2 2016, 09:47 AM

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QUOTE(JamesPond @ Apr 2 2016, 07:34 AM)
that is why citymall is below par
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Those malls have been around for a long time, I remember a time when people didn't want to go to sunway pyramid/1U cause it was not that exciting..but over time they have evolved to become great places..IOI city mall needs to be evolve quickly and keep doing so to compete with the other more established malls.

My opinion is IOI city mall is the largest and the best mall in the southern klang valley region..and if you look at the amount of developments in the southern klang valley region (Kajang/Semenyih/Seri Kembangan/Cyberjaya etc)...its a massive pipeline of units..

So unless something is terribly wrong with the mall, I don't see it facing a big problem attracting customers...

The mall is only around 1 year old and I think it has achieved quite a lot in terms of publicity, attracting tenants and customers within a short time...


investor01
post Apr 2 2016, 09:52 AM

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QUOTE(almaine @ Apr 1 2016, 09:19 AM)
this project has got some potential....how is the rental market there? easy to rent out?

tell me more disadvantages about this project  biggrin.gif
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Rental market is supported by people working/studying in KL (use MEX/Besraya/KL-Seremban), Cyberjaya, Putrajaya..Attraction to this place remains its easy highway connections and the large mall..it is relatively easier to rent out compared to other places as not many places are within walking distance to a large mall..

In terms of risk, I feel the commercial part needs to be managed well to ensure Conezion becomes a great place..
investor01
post Apr 2 2016, 11:22 PM

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QUOTE(JamesPond @ Apr 2 2016, 10:45 AM)
that is why now is below par compare to it peers.
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???

investor01
post Apr 2 2016, 11:39 PM

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QUOTE(JamesPond @ Apr 2 2016, 11:23 PM)
not same class now if you want to compare with the best.
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Yes..But the best is not the same price as this? If can get rm 600psf, freehold, 2 car parks, walking distance to klcc/midvalley..Then that would be a better buy lor..
investor01
post Apr 2 2016, 11:49 PM

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QUOTE(JamesPond @ Apr 2 2016, 11:44 PM)
yes, if you want to put that potential growth comparison.
I wouldn't pick IOI can put extra effort on mall management. They focus mainly on palm oil.
While others peer focus more on mall and infrastructure development growth.
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Haha...Ok..So far.I like the mall and i go there very often..it doesn't look like it's run by newbies :-)
investor01
post Apr 3 2016, 12:05 AM

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QUOTE(JamesPond @ Apr 2 2016, 11:51 PM)
you go there often simply because you stay nearby. prime malls are those that somebody from far will go there for shop or other purposes.
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Haha..not really..I go there because it's a nice place..anyway..this has.become an endless discussion so I am stopping here..
investor01
post Apr 3 2016, 08:10 AM

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QUOTE(accetera @ Apr 3 2016, 12:22 AM)
Construction tenders for IOI City Mall Phase 2 will be starting soon.
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Good news!!!
investor01
post Apr 8 2016, 06:47 AM

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QUOTE(SnowTing @ Apr 8 2016, 12:34 AM)
Indeed, summore there are few upcoming development over there. So personally think there is huge potential too. Perhaps I can show you around if you are interested to pay a visit. Coz I am currently working there. =)

[ 010-2478971 - CY ]

Anyway, just sharing [attachmentid=6334732]

“Our checks reveal that Phase 2 of the mall, which will be constructed at a later stage, will have a NLA of 900,000 sq ft. Phase 2 will be at a close proximity to Universiti Tenaga Nasional (Uniten) and the proposed Uniten MRT station could potentially be located there.

“If this materialises, the IOI City Mall will likely see long-term value appreciation, which would spur IOIPG’s RNAV re-rating.

“We expect the future GDV (currently at RM3.1 billion) of the remaining Putrajaya land to expand, given the boost from this latest infrastructure development,” RHB said.

If it does then it will be a great news for everyone who purchased! =)
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Yes hope they complete phase 2 soon and the office towers about it as planned.

Mrt station nearby will be great!
investor01
post Apr 9 2016, 05:24 PM

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QUOTE(accetera @ Apr 8 2016, 11:18 AM)
One of the biggest mall when whole thing combined. Top 3 assured.
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And Malaysians love the mall :-)

investor01
post Apr 13 2016, 02:41 PM

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yea hows the sales so far...anyone can share photo? :-)
investor01
post Apr 14 2016, 01:10 PM

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QUOTE(accetera @ Apr 14 2016, 11:16 AM)
Nice review :-)
investor01
post Apr 14 2016, 01:11 PM

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QUOTE(10cent @ Apr 13 2016, 05:32 PM)
I heard somebody said block C close to sell since voucher finished. Now only open for block b.
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Yea that's what I heard as well..
investor01
post Apr 15 2016, 08:42 PM

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30-45 mins peak time...otherwise 20-25 mins only..
investor01
post Apr 17 2016, 02:40 PM

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QUOTE(3ton @ Apr 17 2016, 02:34 PM)
taken on 14 April[attachmentid=6402066]
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Construction quite fast...hope that they deliver before the due date..can save on interest 😀
investor01
post Apr 18 2016, 01:28 PM

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QUOTE(almaine @ Apr 18 2016, 12:32 PM)
block B, 17th. Same target as yours to move to landed. Hopefully i hv enough money to keep this condo as well.
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sure in a few years you wont want to sell smile.gif ...its a condo with walking distance to one of the largest malls in the region..not many condos like this..

Can give this for rental and you move in to landed if really want landed..
investor01
post Apr 18 2016, 10:09 PM

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QUOTE(3ton @ Apr 18 2016, 03:13 PM)
Hi. For those already signed spa. Are u paying any fee? (Stamp duty fee and others)
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Yes loan stamp duty must pay by purchaser..

The Lawyers is a rip off..charge so many extra things like postal, printing, travel..end up paying more than rm 1200 for their fees...

My other properties the lawyers really don't charge all this..plus when the legal fees are bourne by the developer..they really don't charge anything more except like government charges..
investor01
post Apr 19 2016, 07:18 AM

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QUOTE(10cent @ Apr 19 2016, 12:11 AM)
Which lawyer firm do you engage? blink.gif
I had sign SPA but until now only paid less than RM500, i think is for SPA disbursement. hmm.gif
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All should be the same lawyer...I sign loan and spa together...that time kena whack la...

U sign spa but not loan? Cash buyer ar? 😀

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