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 I-SUITE @ I-CITY Shah Alam, Serviced Residence Apartment in I-City

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TS4evernelson
post Oct 22 2014, 11:24 AM, updated 10y ago

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Hope to see your comment / sharing / though / discussion on this property. rclxms.gif thumbup.gif

Group created. https://www.facebook.com/groups/isuiteshahalam
for more than I-city info sharing (I-SOHO, I-Suite, Liberty Tower, Parisien Tower, Future (London Tower),

Since all from same developer with similar concept,
so have a platform to share all info for all fans. Welcome to join.

on January 6, 2014 from
QUOTE
http://www.starproperty.my/index.php/articles/property-news/new-serviced-residences-in-i-city


For Buyer / Owner / Investor of I-Suite (I-SOHO) @ I-CITY can search via FB group & request to join..

The new serviced residences project i-Suite @ i-City in Shah Alam was unveiled with a flourish of elegance and charm last month by the 60 contestants of the Miss Tourism International 2013 pageant.

Miss Tourism Malaysia Thaarah Ganesan and Miss Tourism USA Louise Bairo were chosen to represent the collaboration between two companies from two countries on the project.

“I’m thrilled by the i-Suite’s modern living and ready-to-move-in concept, especially since it will be managed by Best Western International, one of the world’s largest hotel chains from US,” said Bairo.

Regardless of whether a unit in i-Suite @ i-City is purchased for occupation or as part of an investment portfolio, the buyer will benefit from the property being a part of in the larger RM5bil i-City development.

Those who buy the freehold i-Suite @i-City for occupation can enjoy a host of serviced-residence facilities while those who buy for investment need not worry about finding the right tenants.

By opting for the leaseback offer, purchasers can look forward to top-notch management of their units as a world-class service residence by Best Western International Inc.

“Whichever the choice, all our 498 units of i-Suite@i-City comes furnished in accordance with hotel room specifications,”said Naresh Mohan, managing director of Trinidad Hospitality Sdn Bhd,the Malaysian area development arm of Best Western International.

“In other words, unit owners can simply move in with little hassle as there is no headache of having to renovate their units or engage property agents to find tenants for them,” he said.

He added that property buyers who opt for the leaseback offer can expect anything between 6% and 7% annual returns as opposed to 3% and 5% if they were to rent out their units.

“We are highly optimistic of a positive spill-over effect from the neighbouring Best Western i-City Shah Alam hotel which is expected to boast 80% occupancy level onto i-Suite@i-City,” he said.

The serviced residences come in built-up areas ranging from 566sq ft to 850sq ft with price starting from RM437, 680.

The project is expected to be completed in 2016, the same year as the expected completion of the RM580 mil Central Plaza @ i-City retail mall.

[attachmentid=4180826]
Attached Image
Attached Image

https://www.youtube.com/watch?v=rjV6Zq4NOO4

Central Plaza (Thailand) shopping mall will be here
http://www.cpn.co.th/project_detail.aspx?m...t_Landing&id=13

Shopping Mall is delayed to 2017 from 2016, but still progressing...
QUOTE
http://www.bangkokpost.com/business/news/428029/cpn-delays-malaysia-mall-cancels-venture-in-china


BTW COO & jobs can be found via CPN Ventures S/B
QUOTE
http://my.linkedin.com/pub/anthony-dylan-frankie-jurem/53/436/98a]
http://job-search.jobstreet.com.my/malaysi...s-sdn-bhd-jobs/


Currently selling price obtained from Hawley Ng [LYF]
Just for reference :

Price: 3rd floor 566sf : 442,880.00
-Down payment 9k
-Rebate amount 35,288.00
-2% cash back 8857.60
-Actual price : 398,734.40

Price: 31 floor 827sf duplex : RM 684,880
-Down payment:9k
-Rebate amount :59,778
-2% cash back :13,757
-Actual price : 614,334

Price : 3rd floor 850sf : RM646,680
-Down payment : 9000
-Rebate amount : 56,268
-2% cash back :12,933
-Actual price : 578,078.48

I-Suite

*Down payment only RM 9k
*Rebate balance 10%
*MOF up to 90%
*Cash back after completion
*Free SPA legal fee
*Fully furnished
*Optional Guarantee Rental Return package
*Selling price start from 4xxk
*Completed 2017
*Future LRT station
*Maintenance fee + sinking fund $0.33 per sqf
*Ceiling high 10.5ft, duplex 20ft
.........................................


This post has been edited by 4evernelson: Feb 3 2015, 06:36 PM
SUStmdsad
post Oct 22 2014, 11:31 AM

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Fully furnished...mall...lease back guarantee....lrt walking distance....hotel chain....cbd.....freehold...price 773psf...not bad.
PeriPeri2014
post Oct 22 2014, 12:04 PM

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QUOTE(tmdsad @ Oct 22 2014, 11:31 AM)
Fully furnished...mall...lease back guarantee....lrt walking distance....hotel chain....cbd.....freehold...price 773psf...not bad.
*
oni problem is under SA ?? hmm.gif hmm.gif
TS4evernelson
post Oct 22 2014, 12:12 PM

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QUOTE(PeriPeri2014 @ Oct 22 2014, 12:04 PM)
oni problem is under SA ??  hmm.gif  hmm.gif
*
High possibility LRT extension 3 is connected here~

Doesn't matter of SA or Klang / it's connected, just longer traveling time.
Not as good as MRT, but still much better than KTM.

https://forum.lowyat.net/topic/3001521/all

This post has been edited by 4evernelson: Oct 22 2014, 12:14 PM
PeriPeri2014
post Oct 22 2014, 12:14 PM

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QUOTE(4evernelson @ Oct 22 2014, 12:12 PM)
High possibility LRT extension 3 is connected here~

Doesn't matter of SA or Klang / it's connected, just longer traveling time.
Not as good as MRT, but still much better than KTM.

https://forum.lowyat.net/topic/3001521/all
*
Agreed flex.gif
TS4evernelson
post Oct 23 2014, 10:49 PM

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Great News!

After sold out of Block B, now release of Block B1

quote from Hartamas Real Estate (M) Sdn Bhd

Hereby I enclosed fact sheets that summarise all about I-Suite @ I-City that obtained online.
Attached File  I_Suite_Fact_Sheet.pdf ( 774.46k ) Number of downloads: 778




Kicimiao66cc
post Oct 23 2014, 11:39 PM

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Hartamas? I tot sell by gs?
InvestThing
post Oct 24 2014, 10:37 AM

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http://bit.ly/i-Suite_ARB

Anyone going for this? Got this through email.

Am going for the free food 1st.. lol
TS4evernelson
post Oct 24 2014, 05:42 PM

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No idea how does I Behad distribute their property to agents.

I assume they assigned Block B to GS Realty while Block B1 to Hartamas.

Anybody can justify this?
propertybbb
post Oct 24 2014, 07:59 PM

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So ambitious...if u go there...now wat u see there are all things not ready but all open...all pathway, walkway etc all cincin caicai...below par environment..no landscaper persay..
overfloe
post Oct 30 2014, 10:12 AM

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so quiet here.. wonder how's the take up rate of i-suites.
Hartanah
post Oct 30 2014, 10:26 AM

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QUOTE(propertybbb @ Oct 24 2014, 07:59 PM)
So ambitious...if u go there...now wat u see there are all things not ready but all open...all pathway, walkway etc all cincin caicai...below par environment..no landscaper persay..
*
Thats the art of property investment...do you buy when things are still cincai or only buy when everything is perfect?
hornbill_78
post Oct 30 2014, 10:31 AM

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Mainly Malay families labak-labak there..
TS4evernelson
post Nov 1 2014, 12:24 PM

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exclusive soft launching of neighboring tower today - Liberty Tower - I-City

seems good feedback base on 250 units taken (only booking) upon launching,
of course not as HOT as others properties in Klang Valley

http://www.thestar.com.my/News/Community/2...onth/?style=biz

LRT 3 will be a catalyst for i-City overall development
another 10 years?
TS4evernelson
post Nov 3 2014, 10:16 PM

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Hilton Hotel is here~

https://www.facebook.com/groups/11517943520...26848294035590/
PeriPeri2014
post Nov 4 2014, 09:05 AM

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QUOTE(4evernelson @ Nov 3 2014, 10:16 PM)
Hilton is come to Icity.....any helps on the sales?? latest package??
TS4evernelson
post Nov 4 2014, 06:45 PM

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QUOTE(PeriPeri2014 @ Nov 4 2014, 09:05 AM)
Hilton is come to Icity.....any helps on the sales?? latest package??
*
at least promising than best western people thinks~

Hilton hotel pricing ain't cheap, so there is tendency Hilton foreseen a positive outcome of I-City 8 - 10 years later
PeriPeri2014
post Nov 4 2014, 06:46 PM

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QUOTE(4evernelson @ Nov 4 2014, 06:45 PM)
at least promising than best western people thinks~

Hilton hotel pricing ain't cheap, so there is tendency Hilton foreseen a positive outcome of I-City 8 - 10 years later
*
up date us if u got sales chat...I wish to kno hmm.gif hmm.gif
sweetlemonande
post Nov 4 2014, 09:48 PM

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QUOTE(PeriPeri2014 @ Nov 4 2014, 06:46 PM)
up date us if u got sales chat...I wish to kno  hmm.gif  hmm.gif
*
wah peri kor, u r aggresively wan to know the package and promotion for all highrise project.
Sudah beli berapa?
PeriPeri2014
post Nov 4 2014, 09:53 PM

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QUOTE(sweetlemonande @ Nov 4 2014, 09:48 PM)
wah peri kor, u r aggresively wan to know the package and promotion for all highrise project.
Sudah beli berapa?
*
1 small unit (816sft) oni sad.gif

No money la boss.......

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