this new service residence is good for investment? located in the heard of malacca city with price for RM450/sqft

I just bought this property few month ago and hope it would be good investment for me

Melaka is always slower than Klang Valley..but this location is good. Entry cost is relatively low. So...shd be ok

The price at malacca almost same as klang valley now

Site progress, will they be able to meet initial target completion in 2017?

Site progress, will they be able to meet initial target completion in 2017?




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2 month ago when i go there, they just finish piling part. consider fast construction.
I hope developer keep their promise to manage the unit after complete

sold out?

I think block d still a lot available

mind sharing the exact location and also package given? also layout if possible?

below is new package that developer offer Semi-D condo

TOWER A ( new package )
» 8% + 2% rebate ( a fraction of )
»Free SPA, Loan legal fee and disbursement
»Free Loan Stamp Duty
» Free furniture package
» Free in the first year of management fees
»Free IPAD MINI 2
>>Concierge service

Booking RM3K only

for more please contact me 019-3657184

what does concierge service means ?

package offered is very attractive. fuly furnish it mean can move in directly upon vp ?
ipad mini 2

some correction. booking not RM3K but RM1K only.

concierge service mean developer will help you manage your unit like hotel.

yes after vp can directly move in

and i heard got GRR arrangement if no mistake. location is ok but it ponder me a question of, "why atlantis?"

what is the GRR like?

i think its a bare unit.
fully furnished needs to top up another 100k (2 room unit)

please correct me if im wrong.

This post has been edited by sendomike: Nov 12 2015, 05:27 PM

Not GRR (Guarenty rental return) but the developer will help to manage your unit like hotel. They will take 20% from rental profit per month. They will contsct their agent to advertise your unit for rent like hotel.com booking.com and newspaper and others

Interesting right?

There are dirrefent package for furnished package
Cheapest as i'm not mistaken is rm60k

meaning if got rental can take 20% from us?
if without rent, we pay our own monthly repayment?
nothing special la

at least you have chance to rent out your unit like hotel. and they will manage for you

Hi everyone!

I intend to get a unit, 1 BD, 689 sqf. Current purchase price after discount is RM373k or RM541/sqf.

Do u think:

1. it is still a good entry price?
2. Is tis property worth investing?

This post has been edited by Kytan73: Apr 15 2017, 06:54 AM

I intend to buy one, can share with me your view on the project?

Anyone else can give advice on this project? Eg
- will the seaview be blocked by other development?
-how is the developer risk?
- the progress of Memory Melaka city and other mega projects
- potential of investment in Melaka
- view on the project, eg price, location, facilities, finishing, tenants demand..


This post has been edited by lowyatystan: Apr 27 2017, 08:19 AM