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Investment Ion Majestic Genting Highland, Property Investment

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ZoomGarde
post Jun 13 2018, 05:15 PM

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Diff people diff view.

I think is good and ok o.. peak sason sure have to pay extra lo..
Not fair to compare peak season price to service..



This post has been edited by ZoomGarde: Jun 13 2018, 05:15 PM
kkkw80
post Jun 21 2018, 07:58 PM

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I'm giving this a miss, too much risk involved and too near haunted Amber Court to my liking.
xMika
post Jun 23 2018, 12:19 AM

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anyone further reviews ? worth investing in this project ?
Hofmann33
post Jun 23 2018, 06:14 PM

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I'm a huge fan of Genting developments. I believe in the long run, Genting is only going to get more and more visitors each year.

If any other owner's are waiting for their next lot of units, can let you guys know I just received my first GRR payment from developer, so for now they are paying out without any issue.

I have heard some poor reviews about the hotel from various people as well but I think that people will still end up staying there nonetheless and the overall experience is really quite enjoyable.

Also am bearing in mind the fact that the developer did part ways with Best Western without any proper official reason, there are definitely some floating negative 'feels' brooding in my mind.

I'm still optimistic on the project though.

Don't feel they need to do too much to pull through and run smoothly, just need to avoid major screw ups.

Anything close to Genting in my opinion is super exciting.

I wrote previously on just how awesome I think it is - https://blog.rentandreturns.com/best-area-f...aysia-for-2018/
justin608578
post Jun 26 2018, 10:57 PM

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Units selling fast, pm me for more info
icemanfx
post Jun 27 2018, 12:06 AM

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QUOTE(justin608578 @ Jun 26 2018, 10:57 PM)
Units selling fast, pm me for more info
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Last few units left? When sold out? 30th. July 2018?

This post has been edited by icemanfx: Jun 27 2018, 12:46 AM
kei86
post Jun 27 2018, 11:30 AM

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QUOTE(justin608578 @ Jun 26 2018, 10:57 PM)
Units selling fast, pm me for more info
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Where got so easy selling out on this area .
Jagalat
post Jun 27 2018, 12:52 PM

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QUOTE(justin608578 @ Jun 26 2018, 11:57 PM)
Units selling fast, pm me for more info
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If so, how come these links no data geh?
When will the kpkt website be updated? Another 6 months?


http://idaman2.kpkt.gov.my:8888/idv5/98_eH...proj_Nama=GRAND ION MAJESTIC://http://idaman2.kpkt.gov.my:8888/idv...ND ION MAJESTIC


http://idaman2.kpkt.gov.my:8888/idv5/98_eH...proj_Nama=GRAND ION MAJESTIC://http://idaman2.kpkt.gov.my:8888/idv...ND ION MAJESTIC


http://idaman2.kpkt.gov.my:8888/idv5/98_eH...proj_Nama=GRAND ION MAJESTIC://http://idaman2.kpkt.gov.my:8888/idv...ND ION MAJESTIC

This post has been edited by Jagalat: Jun 27 2018, 12:54 PM
airtawarian
post Jun 28 2018, 12:20 AM

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QUOTE(ZoomGarde @ Jun 11 2018, 04:03 PM)
Becuz genting no more rooms at all. got money also cant get u room
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Bullshit. Every month i get maximum 6 free rooms in first world without need to pay. There are plenty of rooms there EXCEPT For Big festive season
ZoomGarde
post Jun 28 2018, 08:42 PM

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QUOTE(airtawarian @ Jun 28 2018, 12:20 AM)
Bullshit. Every month i get maximum 6 free rooms in first world without need to pay. There are plenty of rooms there EXCEPT For Big festive season
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Brader. I m referring to holiday season. Not normal days
n_minie
post Jul 31 2018, 08:48 PM

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Any views on this proj? Heard the sales is quite good
kei86
post Jul 31 2018, 10:40 PM

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QUOTE(n_minie @ Jul 31 2018, 08:48 PM)
Any views on this proj?  Heard the sales is quite good
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Where did you get the news from ? biggrin.gif
n_minie
post Jul 31 2018, 11:19 PM

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QUOTE(kei86 @ Jul 31 2018, 10:40 PM)
Where did you get the news from ?  biggrin.gif
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Booked units. Most units especially smaller ones are almost snap up. Wanna know what's the potential of this place than the common grr. Psf also quite high..
michaelchang
post Aug 1 2018, 01:56 AM

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QUOTE(n_minie @ Jul 31 2018, 11:19 PM)
Booked units. Most units especially smaller ones are almost snap up. Wanna know what's the potential of this place than the common grr. Psf also quite high..
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Not much potential, only good as vacation house

investment wise, STAY away tongue.gif
n_minie
post Aug 2 2018, 05:22 PM

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QUOTE(michaelchang @ Aug 1 2018, 01:56 AM)
Not much potential, only good as vacation house

investment wise, STAY away  tongue.gif
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Was thinking the same too. Saw ion delemen the existing proj altually getting good response in terms of occupancy. Assuming they keep this momentum should not hv this prob for owners to get their $$?
icemanfx
post Aug 2 2018, 06:00 PM

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QUOTE(n_minie @ Aug 2 2018, 05:22 PM)
Was thinking the same too. Saw ion delemen the existing proj altually getting good response in terms of occupancy. Assuming they keep this momentum should not hv this prob for owners to get their  $$?
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What does good occupancy rate mean? Over 80% occupancy over 365 days period?

n_minie
post Aug 2 2018, 06:46 PM

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QUOTE(icemanfx @ Aug 2 2018, 06:00 PM)
What does good occupancy rate mean? Over 80% occupancy over 365 days period?
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Weekend they are surely fully booked as of now. Saw their booking frequency via booking.com. quite high their frequency. Fyi am not an agent. This are just my observations. But this being high on a hill I still have some reservations. Thats y asking sifus here for your humble advise and opinions
icemanfx
post Aug 2 2018, 06:54 PM

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QUOTE(n_minie @ Aug 2 2018, 06:46 PM)
Weekend they are surely fully booked as of now. Saw their booking frequency via booking.com. quite high their frequency. Fyi am not an agent. This are just my observations.  But this being high on a hill I still have some reservations.  Thats y asking sifus here for your humble advise and opinions
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Guests/visitors can count occupancy rate from booking.com?

If every weekend is fully occupied, that would be about 29% occupancy rate. Can break even at below 40% occupancy?

This post has been edited by icemanfx: Aug 2 2018, 06:58 PM
n_minie
post Aug 2 2018, 07:20 PM

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QUOTE(icemanfx @ Aug 2 2018, 06:54 PM)
Guests/visitors can count occupancy rate from booking.com?

If every weekend is fully occupied, that would be about 29% occupancy rate. Can break even at below 40% occupancy?
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Obviously weekday pun ada la.. Can't be zero occupancy but i seriously don't know occupancy rate on weekdays. Perhaps can kepo and ask.
machoman88
post Aug 5 2018, 08:04 PM

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Some photos from my recent stay, quite disapointed, definately not 5 stars standard, 3.5stars max

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