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> Ion Majestic Genting Highland, Property Investment Investment

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icemanfx
post Apr 23 2018, 10:13 PM

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Heard more hotels by genting are coming up. Competition will be tough.

icemanfx
post Apr 25 2018, 02:51 AM

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QUOTE(godsboy77 @ Apr 25 2018, 12:57 AM)
ion delemen and majestic will be the only hotel on top of the hill other than the RWG hotels. The rest development is focus at goh tong town.
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Where is the source of water supply for these 2 places?

icemanfx
post Apr 26 2018, 12:13 AM

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QUOTE(godsboy77 @ Apr 25 2018, 11:43 PM)
Not sure abt that but should be frm the same place where the RWG getting their water. None of the client of Ion Delemen complained on water shortage till now.
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Water is scarce at Hill top, genting is unlikely to share with third party.

icemanfx
post Apr 26 2018, 04:38 PM

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QUOTE(godsboy77 @ Apr 26 2018, 04:29 PM)
I got info frm unofficial party that genting and NCT had agreement on the land. None of other developer will be granted permision by Genting to developed project on hill top. I think NCT as a reputable company will worry more on the water supply than us as a buyer. Surely all the basic elements will be sorted before they started the construction.
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Source of water supply is not developer's control. After vp, water supply is no longer developer responsibility.

This post has been edited by icemanfx: Apr 26 2018, 04:59 PM
icemanfx
post Apr 26 2018, 05:49 PM

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QUOTE(langatian @ Apr 26 2018, 05:06 PM)
Maybe from this reservoir.

3.435152, 101.805359
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Sure or not
icemanfx
post Apr 26 2018, 09:31 PM

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QUOTE(langatian @ Apr 26 2018, 06:59 PM)
Based on wikimapia. Beside reservoir got building has been labelled as Water Treatment Plant.
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That is a private water treatment plant.

QUOTE(godsboy77 @ Apr 26 2018, 07:56 PM)
Developer is also acting as management party for Ion Delemen.  Sure water supply will be their main concern because it is essential to run the hotel.
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Management company is almost always a separate entity. For reasons, existing apartments are often short of water supply.

icemanfx
post May 3 2018, 08:50 AM

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QUOTE(montyashley80 @ May 3 2018, 08:42 AM)
wow consider the location is away from KL..still on the high side right??..KL downtown only fetch around 1K but some other places like ara damansara can fetch around 800++...don't know how they evaluate the per sqft price...
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Selling price includes grr payment, hence is high.



icemanfx
post May 7 2018, 11:12 PM

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QUOTE(ZoomGarde @ May 7 2018, 10:29 PM)
On weekend. Genting maxim hotel is around rm 1200 to rm2000 per day depending on season.
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QUOTE(ZoomGarde @ May 7 2018, 10:30 PM)
I think the potential for ion majestic is to wait for the theme park to open.. then definitely will see a good booming business
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Comparing ion majestic with maxim?!

genting will build more hotels.

how are current apartments performing in genting?

This post has been edited by icemanfx: May 7 2018, 11:12 PM
icemanfx
post Jun 6 2018, 01:07 PM

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QUOTE(henryTTS @ Jun 6 2018, 11:38 AM)
yes i think u were mentioning the melaka one. actually no need to worry about this project because after the outdoor n indoor theme park is done the genting cant consume all the tourist which provides opportunities to ion majestic... furthermore you can try and check this background of developer.
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Do you realize how many hotel rooms genting is going to build?

icemanfx
post Jun 6 2018, 02:09 PM

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QUOTE(henryTTS @ Jun 6 2018, 02:05 PM)
glad to hear genting future plan from you, any news?
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In anaheim and orlando, accommodation outside theme parks survive by offering cheap price. can ion majestic offer cheaper price than genting?

on genting new hotels, they will announce soon.

icemanfx
post Jun 6 2018, 02:56 PM

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QUOTE(henryTTS @ Jun 6 2018, 02:40 PM)
hmm... ion majestic will be priced at the range with maxims hotel and genting hotel.. your 'cheaper' price i assume you are refering to first world hotel. How can the project return such high return rate if they were to start price war with first world hotel? The aim and atmosphere you can have a try in ion delemen, it is more like a family trip instead of staying in genting.. u can observe a lot of malay tourist prefer to stay there.. and if you're aware of development in genting, there isn't any land to build hotel anymore. pls provide solid news or link to support your 'announce soon' statement. study the facilities and do more research between two parties.
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Ion majestic could price at maxim range, how many will pay for it?

are you sure there isn't any more land in genting? do you know how much land belong to genting?

as for the solid news on more genting hotels, remember you learn from here first.

icemanfx
post Jun 10 2018, 12:05 AM

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QUOTE(AskarPerang @ Jun 9 2018, 11:49 PM)

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Among all the hotel chain or franchise, best western has the least requirement. if ion delemen couldn't meet best western standard mean they are below 3 star standard or most of their guests are local.

icemanfx
post Jun 10 2018, 06:01 PM

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QUOTE(ZoomGarde @ Jun 10 2018, 04:44 PM)
All genting hotel are maxed out during weekend..
So i cant imagin when themepark really open.. max till overflowing pack
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Depending on weekends and school holidays alone enough to cover expenses?
icemanfx
post Jun 10 2018, 08:17 PM

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QUOTE(ZoomGarde @ Jun 10 2018, 07:21 PM)
I dunno. But can be possible.

1 nite stay in gohtong (1 full furnish apartment) will be cost 1k at very peak season - for example next week during hari raya.

Normal can go 400 500 per nite..
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Apartment at gohtobg Jaya more expensive than genting highland?

icemanfx
post Jun 13 2018, 02:32 PM

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QUOTE(henryTTS @ Jun 6 2018, 02:40 PM)
hmm... ion majestic will be priced at the range with maxims hotel and genting hotel.. your 'cheaper' price i assume you are refering to first world hotel. How can the project return such high return rate if they were to start price war with first world hotel? The aim and atmosphere you can have a try in ion delemen, it is more like a family trip instead of staying in genting.. u can observe a lot of malay tourist prefer to stay there.. and if you're aware of development in genting, there isn't any land to build hotel anymore. pls provide solid news or link to support your 'announce soon' statement. study the facilities and do more research between two parties.
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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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QUOTE(Apolek1 @ Jun 13 2018, 02:21 PM)
http://www.hiphippopo.com/2018/03/grand-io...el-genting.html

See this blog review, before you decided to buy ion Majestry. Good luck.
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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
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?

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
icemanfx
post Aug 5 2018, 08:09 PM

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QUOTE(machoman88 @ Aug 5 2018, 08:04 PM)
Some photos from my recent stay, quite disapointed, definately not 5 stars standard, 3.5stars max

[attachmentid=9955383]

[attachmentid=9955384]

[attachmentid=9955385]

[attachmentid=9955386]

[attachmentid=9955387]
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Tiles floor, must be cold to walk at night and early morning.

icemanfx
post Nov 29 2018, 09:05 PM

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QUOTE(xMika @ Nov 29 2018, 08:47 PM)
Please dont share wrong info. RHB and UOB loan amount quota for this project already all used up, gave out loans to buyers. Not stop financing.
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What is the quota? Unusual for two Banks to used up quota before fully sold out.

This post has been edited by icemanfx: Nov 29 2018, 09:46 PM

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