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Investment ALIRA METROPARK SUBANG (BY MCT), Life is Brighter in Subang Jaya

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funniman
post Oct 28 2018, 06:35 PM

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I was there yesterday. Price at 750 psf. The place is very high density. All built very closely to each another. Showroom quite nice, they give partial furnishing but no wardrobe. Maint fee is 0.35 sen psf. Average size is 900 sq ft and 1480 sq ft.
This place will take time. Okie for own stay but rental might be very tough.


Babizz
post Oct 28 2018, 06:44 PM

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QUOTE(funniman @ Oct 28 2018, 04:35 AM)
I was there yesterday. Price at 750 psf. The place is very high density. All built very closely to each another. Showroom quite nice, they give partial furnishing but no wardrobe. Maint fee is 0.35 sen psf. Average size is 900 sq ft and 1480 sq ft.
This place will take time. Okie for own stay but rental might be very tough.
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crazy price
existing TMP condos struggling to rent out or subsale. makeover said even their furnished units here is struggling.

how many units in total?
funniman
post Oct 28 2018, 08:06 PM

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QUOTE(Babizz @ Oct 28 2018, 06:44 PM)
crazy price
existing TMP condos struggling to rent out or subsale. makeover said even their furnished units here is struggling.

how many units in total?
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There are 2 blocks. I think total of 550 plus units. What I don't like is the high density as already had 2 other blocks up ie Paloma and Pandara already and chances the view would be blocked by adjacent ones. More so, do not know what are MCT's plans.



Alcm
post Nov 17 2018, 04:38 AM

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QUOTE(funniman @ Oct 28 2018, 08:06 PM)
There are 2 blocks. I think total of 550 plus units. What I don't like is the high density as already had 2 other blocks up ie Paloma and Pandara already and chances the view would be blocked by adjacent ones. More so, do not know what are MCT's plans.
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To be exact, total paisley is abt 600++ units, both Tower A n B would be facing either central park or pool. In Subamg development highest it goes is 29th floor as it is near subang airport.. MCT plans would not block paisley view as ithe two parcel lot is beside each other. Hence if MCT would to.build 1400 units, either it would be more blocks or smaller units where they would sell at a higher price since MCT bought from TMP is more than 350 per sft. It would be an advantange for TMP residents if they would invest one now.





Alcm
post Jan 10 2019, 03:51 PM

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QUOTE(Alcm @ Nov 17 2018, 04:38 AM)
To be exact, total paisley is abt 600++ units, both Tower A n B would be facing either central park or pool. In Subamg development highest it goes is 29th floor as it is near subang airport.. MCT plans would not block paisley view as ithe two parcel lot is beside each other. Hence if MCT would to.build 1400 units, either it would be more blocks or smaller units where they would sell at a higher price since MCT bought from TMP is more than 350 per sft. It would be an advantange for TMP residents if they would invest one now.
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As per my earlier remarks, it is true that MCT will launching its new development at Tropicana Metropark on April 2019.
It will consists of 3 phases ( blocķs) in one plot of the land. According to sources, each phase will consist of abt 200++unit which all in total 600++units. The selling price as per my comment earlier, they would be pricing at RM 450k ++ for 500++sqft to 1000++sqft. MCT would be selling at high price for smaller units and its true, as per my comment earlier, and as per source that MCT is rebranding its concept.
So, you gals out there, is better to invest now in Tropicana units as they are throwing a lot of goodies, rather than wait n see.
e-lite
post Jan 10 2019, 08:57 PM

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QUOTE(Alcm @ Jan 10 2019, 03:51 PM)
As per my earlier remarks, it is true that MCT will launching its new development at Tropicana Metropark on April 2019.
It will consists of 3 phases ( blocķs) in one plot of the land. According to sources, each phase will consist of abt 200++unit which all in total 600++units. The selling price as per my comment earlier, they would be pricing at RM 450k ++ for 500++sqft to 1000++sqft. MCT would be selling at high price for smaller units and its true, as per my comment earlier, and as per source that MCT is rebranding its concept.
So, you gals out there, is better to invest now in Tropicana units as they are throwing a lot of goodies, rather than wait n see.
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Buy to bleed money every month?
Alcm
post Jan 11 2019, 06:22 PM

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QUOTE(e-lite @ Jan 10 2019, 08:57 PM)
Buy to bleed money every month?
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Yes, you are right at the first stage. But if you know there are competitors coming in to develop the area , whatever that you invested is worth a single penny.
As quoted by Warren Buffett "Be Fearful When Others Are Greedy And Greedy When Others Are Fearful"
AvenueX
post Jan 11 2019, 06:44 PM

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QUOTE(Alcm @ Jan 11 2019, 06:22 PM)
Yes, you are right at the first stage. But if you know there are competitors coming in to develop the area , whatever that you invested is worth a single penny.
As quoted by Warren Buffett "Be Fearful When Others Are Greedy And Greedy When Others Are Fearful"
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??? Don't think he's referring to this particular scenario when he said this dude.
Takuro82
post Jan 11 2019, 07:12 PM

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What is the target tenant group if going to rent out?
Those working at PJ, Sunway, Subang, Shah Alam?

Any possibility to capture international student?
x132755
post Jan 11 2019, 08:04 PM

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QUOTE(Takuro82 @ Jan 11 2019, 07:12 PM)
What is the target tenant group if going to rent out?
Those working at PJ, Sunway, Subang, Shah Alam?

Any possibility to capture international student?
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Mostly all surrounding people.

e-lite
post Jan 11 2019, 09:39 PM

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QUOTE(Alcm @ Jan 11 2019, 06:22 PM)
Yes, you are right at the first stage. But if you know there are competitors coming in to develop the area , whatever that you invested is worth a single penny.
As quoted by Warren Buffett "Be Fearful When Others Are Greedy And Greedy When Others Are Fearful"
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Which one you bought already? Paisley, Paloma?
Alcm
post Jan 12 2019, 11:09 PM

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QUOTE(e-lite @ Jan 11 2019, 09:39 PM)
Which one you bought already? Paisley, Paloma?
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Definitely, most investors will go for paisley bcose of its facilites & foor plan. How abt you intend to get one??
Alcm
post Jan 28 2019, 04:29 PM

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Hi all, latest news from sources that Metroplex in TMP is launching this year. Their concept is that TMP will sell their retail shops fronting the metropark to F&B and also invite local grocery retailers which intend to target medium income earners. Whereas, fronting the main road would be a mixture of retails. Their concept is like Desa Park city. Eventually, this would bring up the property price in metropark.
innsean
post Jan 28 2019, 05:05 PM

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Looking forward to MCT's project opposite Menara Lien Ho, supposedly to launch Q2 this year 2019
nexona88
post Feb 7 2019, 04:35 PM

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good luck..
current TMP condos also struggling to rent or subsale whistling.gif
AskarPerang
post Sep 3 2019, 09:33 AM

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Phase 4 of Tropicana Metropark incoming by MCT: https://www.alira.my/

user posted image

Service Residence:
650 sf
1 + 1 Bedrooms
RM 464,778 onwards


750sf
2 Bedrooms
RM 523,908 onwards


950sf
2 + 1 Bedrooms
RM 642,168 onwards


Low Rise Villa:
1000sf
3 Bedrooms
RM 685,908 onwards
aaron1717
post Sep 3 2019, 09:49 AM

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nett price can below 700psf? if like this then better buy than TMP already... doesnt matter what tier of developer MCT is.... tropicana being tier 1 developer does not bring any vibrancy or changes to the location anyway...
TSaccetera
post Sep 5 2019, 06:14 PM

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Thread name updated.
AskarPerang
post Sep 18 2019, 06:14 PM

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tiarabebe P
post Sep 18 2019, 06:44 PM

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wow...follow

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