Cybersouth by MCT
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 Apr 7 2015, 10:26 AM
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Junior Member
346 posts Joined: Nov 2009 
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QUOTE(fhy88 @ Apr 6 2015, 08:48 PM) I am not sure how to compare MCT between ioi property, eco world and sp setia. I did some research about MCT, they have quite a lot of project at Cyberjaya and complete a lot of project before. Actually MCT consider as established developer or not? I am just too new to property talk. i prefer buy SPSetia, Eco or Gamudaland project..  |
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Apr 7 2015, 10:30 AM
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All Stars
33,716 posts Joined: May 2008
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QUOTE(CHEROK33 @ Apr 7 2015, 10:19 AM) MCT was listed on the main market as a result of a reverse takeover with GW Plastics, a company who wanted to change their line of business from packaging to property development. I think the original MCT was going for an exit. QUOTE(brensek @ Apr 7 2015, 10:22 AM) MCT no money or to many debts to cover many projects. So they listed to raise capital and to provide a market in their shares and in return receive money to develop the business. To me, these are two different stories already.  |
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Apr 7 2015, 10:49 AM
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Junior Member
193 posts Joined: Nov 2013 
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QUOTE(puchongite @ Apr 7 2015, 10:30 AM) To me, these are two different stories already. @cherok33 is perhaps right. Reverse take over most likely implies that MCT is gonna exit.This post has been edited by Ma6: Apr 7 2015, 10:55 AM |
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Apr 7 2015, 06:08 PM
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Junior Member
38 posts Joined: Apr 2015
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QUOTE(C31 @ Apr 6 2015, 06:24 PM) Will insurance cover for sinking house? I just got some info from my insurance agent, actually insurance cover sinking house, the rate is RM80++ for every RM100k annually. Touch wood if the house is sink or any damage due to sinking, then insurance will pay for you.If yes then worth buying. If sink insurance pay. What to worry? So let say RM500k, then you pay RM400++ per year, quite reasonable. |
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Apr 7 2015, 09:46 PM
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Senior Member
4,526 posts Joined: Mar 2006
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can intro to me?
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Apr 7 2015, 11:25 PM
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Junior Member
38 posts Joined: Apr 2015
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QUOTE(JamesPond @ Apr 7 2015, 09:46 PM) can intro to me? U mean the insurance agent? PM me I will send u his contact number. |
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Apr 8 2015, 07:01 AM
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Junior Member
225 posts Joined: Jun 2012
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QUOTE(fhy88 @ Apr 7 2015, 06:08 PM) I just got some info from my insurance agent, actually insurance cover sinking house, the rate is RM80++ for every RM100k annually. Touch wood if the house is sink or any damage due to sinking, then insurance will pay for you. Thats great. Now we min the risk. House sink insurance pay. Losses min.So let say RM500k, then you pay RM400++ per year, quite reasonable. |
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Apr 8 2015, 07:29 AM
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All Stars
33,716 posts Joined: May 2008
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QUOTE(C31 @ Apr 8 2015, 07:01 AM) Thats great. Now we min the risk. House sink insurance pay. Losses min. I would say need to check further the condition(s) of coverage. Maybe there are clauses which will escape the coverage. For example, maybe sinking foundation due to earch quake or " "natural" soil movement is not covered. Maybe only cover it if due to pipe burst or something. Insurance coverage always has all sort of conditional statements. |
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Apr 8 2015, 07:42 AM
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Senior Member
8,226 posts Joined: Jul 2014 From: Kuala Lumpur
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MCT listed company now
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Apr 8 2015, 07:42 AM
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Junior Member
339 posts Joined: Feb 2015 From: Arsenal FC, London
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QUOTE(PeriPeri2014 @ Apr 8 2015, 07:42 AM) MCT listed company now Long time ago |
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Apr 8 2015, 08:47 AM
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All Stars
33,716 posts Joined: May 2008
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QUOTE(Jack Wilshere 10 @ Apr 8 2015, 07:42 AM) Long time ago Are we talking about the same company ?  |
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Apr 8 2015, 03:38 PM
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Senior Member
8,226 posts Joined: Jul 2014 From: Kuala Lumpur
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QUOTE(puchongite @ Apr 8 2015, 08:47 AM) Are we talking about the same company ? I tot they listed last 2 day?? no??  |
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Apr 8 2015, 04:21 PM
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All Stars
33,716 posts Joined: May 2008
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QUOTE(PeriPeri2014 @ Apr 8 2015, 03:38 PM) I tot they listed last 2 day?? no?? Effectively MCT has been injected into GW plastics and then GW plastics has been renamed as MCT Berhad. http://www.stockhut.com.my/news/25864 This post has been edited by puchongite: Apr 8 2015, 04:21 PM |
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Apr 9 2015, 07:35 PM
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Junior Member
360 posts Joined: Oct 2005 From: Cheras, Kuala Lumpur
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18'x65' type unit all sold out. 20'x65' type left 10 unit only as per told by SA. 597k 5% rebate. Planning on placing booking on it but all unit facing south has been booked. Sigh
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Apr 10 2015, 12:43 AM
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Junior Member
38 posts Joined: Apr 2015
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QUOTE(babylck @ Apr 9 2015, 07:35 PM) 18'x65' type unit all sold out. 20'x65' type left 10 unit only as per told by SA. 597k 5% rebate. Planning on placing booking on it but all unit facing south has been booked. Sigh Phase 2 will be launching soon, may be at 18 April, told by SA. |
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Apr 10 2015, 07:30 AM
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Senior Member
7,348 posts Joined: Jun 2014
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QUOTE(babylck @ Apr 9 2015, 08:35 PM) 18'x65' type unit all sold out. 20'x65' type left 10 unit only as per told by SA. 597k 5% rebate. Planning on placing booking on it but all unit facing south has been booked. Sigh No sticker game???  |
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Apr 10 2015, 08:53 AM
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Junior Member
360 posts Joined: Oct 2005 From: Cheras, Kuala Lumpur
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i'm a bit skeptical actually so easy all the unit been sold out? All unit loan also approved? But actually 18'x65' is indeed quite small. Phase 2 will be 20'x70' unit but price 630k+ as per told by the SA.
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Apr 10 2015, 01:42 PM
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Senior Member
8,226 posts Joined: Jul 2014 From: Kuala Lumpur
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QUOTE(babylck @ Apr 10 2015, 08:53 AM) i'm a bit skeptical actually so easy all the unit been sold out? All unit loan also approved? But actually 18'x65' is indeed quite small. Phase 2 will be 20'x70' unit but price 630k+ as per told by the SA. Have you compare this project with nearby project??Buy for invest or ownstay?? |
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Apr 10 2015, 06:40 PM
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Senior Member
1,184 posts Joined: Jan 2015
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QUOTE(babylck @ Apr 10 2015, 08:53 AM) i'm a bit skeptical actually so easy all the unit been sold out? All unit loan also approved? But actually 18'x65' is indeed quite small. Phase 2 will be 20'x70' unit but price 630k+ as per told by the SA. i can smell bau ikan again lah...they sell to group buy buyer ? or props agent company ? |
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Apr 10 2015, 10:45 PM
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Junior Member
360 posts Joined: Oct 2005 From: Cheras, Kuala Lumpur
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QUOTE(PeriPeri2014 @ Apr 10 2015, 01:42 PM) Have you compare this project with nearby project?? I plan to buy for own stay. You have any reconmendations?Buy for invest or ownstay?? |
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