I Citys attractions all failing la. funny how hilton nvr survey the area n check their maintenace properly

This post has been edited by Babizz: Feb 3 2015, 04:20 PM

Boss this area can make it ka? Price also at the high side..

Nope. very challenging to attract crowds. If you ask Klang people, they will dog eye on you. Klang got plenty of landed properties at affordable prices why bother to buy shoe box? Believed mostly are buyer from non-Klang area for investment only. However, good luck for the pricing and maintenance fees.

Boss, i think this one pricing too ambitious.. rmbr seeing the BBB queues but as i mention before, i city got no immediate demand.

The companies based there are small local companies (albeit MSC status) with most if not all being locals living nearby. Uitm staff/students cant afford the rental cos its uitm Hotel staff also can't afford 750psf rental.
to depend on LRT also hard cos this one will have many stops to BU n then many more stops to BB, TRX etc.

Can't jalan for me.

Jason,

I think liberty no carpark also.. how much the maintenance ah? Most buyers are investors la.. i know a few who bought from phase 1 until now (some are klang ppl). Shopping mall tenants too jialat for me. I think AEON D Kayangan will have better tenants.

Only good thing here is the supply of apartments is not too high.

This post has been edited by Babizz: Feb 3 2015, 11:33 PM

wonder the 1st block buyers got their keys yet? Did they manage to rent out the unit.

Icity at night many malay lebak-lebak there.

who want to rent?no car park allocated... need to pay for it

There are a few threads on different offerings in I-City, namely I-SOHO, I-Suite, Liberty and Parisien Tower. All these launches are actually under the same land plot and thus I believe the same DO, which is called the "SOHO plot" (total 7 towers -- 2 from I-SOHO, 2 from I-Suite, Liberty Tower, Parisien Tower and Hyde Tower). I guess their basic selling points (LRT, connectivity to mall) are the same, difference is the layout and ID themes only.

Currently, I'm preferring I-Suite (size 566sf) over Liberty/ Parisien due to:
a) More conventional layout whereby both the living room and bedroom have external view. Liberty/ Parisien 466sf type no view for the living room.
b) Cheaper psf, which for the lowest floor after all rebate is about RM696 compared to RM750 for the latest offering Parisien
c) 1 bedroom + 1 study room

Question: Is it worth investing into I-City if I'm looking for capital appreciation? Looking at the bigger picture, selling points are:
a) Central Plaza Mall - reputable mall operator, huge size
b) LRT station (walking distance but a bit far)
c) Ready infrastructure - direct entry from Federal Highway
d) International status - no restriction on F&B and entertainment, very rare in Shah Alam
e) Future iconic landmark The Jewel - potential price appreciation for surrounding properties
f) Participation of Thailand's Central Group in parcels of the development (the Mall plot and the Central Tower plot, including the Hilton, future convention centre, etc.)
g) Niche development concept in the immediate surrounding
h) MSC cybercentre status - potential pool of K-based workforce
i) Easy access to Federal Highway, NKVE, Shahpadu and future WCE
i) Heavily promoted by state government
j) Freehold development

Cons/ Risks:
a) Unfamiliar with the Shah Alam and Klang market - anyone can share their thought?
b) High density - SOHO alone from the 7 towers already more than 3000 units
c) No carparks provided, gotta rent
d) Higher price than immediate surrounding
e) Development might not go as planned
f) Limited capital appreciation and rental market

To compare, for the same entry price (sub RM400k), I can get a subsale 4xx sf studio unit at Empire City, leasehold, also no carpark, no LRT, but in a better acclaimed location, but capital appreciation might be limited too since this is already subsale.

Thoughts are welcomed. Happy Friday folks!

Any Shah Alam or Klang folks can share your opinion on the pros and cons of investing in this location?

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This post has been edited by 4evernelson: Jun 4 2015, 05:09 PM

i'm seriously considering to invest at i suite..but i'm having doubt about it..dont know should invest or not. no carpark some more..however the area seems very promising...or maybe i should buy a subsale apartment in cheras.

just follow ur own instinct

my instinct says buy it

ONLY RM1,000 CAN OWN ISUITE NOW !!!
RM1,000 DOWNPAYMENT !!!
SUPER HIGH ROI
Hi, anyone interested can whatsapps 0169257610 for more info

ONLY RM1,000 CAN OWN ISUITE NOW !!!
RM1,000 DOWNPAYMENT !!!
SUPER HIGH ROI wink.gif
Hi, anyone interested can whatsapps 0169257610 for more info

ONLY RM1,000 CAN OWN ISUITE NOW !!!
RM1,000 DOWNPAYMENT !!!
SUPER HIGH ROI wink.gif
Hi, anyone interested can whatsapps 0169257610 for more info

lol DP only rm1,000

Ok what. Cheap what...