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 Would you ever buy Mah Sing Properties Again, Let Survey

Would you ever buy Mah Sing Properties Again ?
 
Yes [ 92 ] ** [15.44%]
No [ 504 ] ** [84.56%]
Total Votes: 596
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icemanfx
post Nov 3 2019, 12:44 AM

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QUOTE(MrGeex @ Nov 2 2019, 12:31 PM)
In my opinion, there is no wrong for MahSing launches high density projects.. With more units they managed to lower down the selling price.. And thus we get affordable houses...
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QUOTE(theballer @ Nov 2 2019, 03:19 PM)
What's wrong with Mah Sing?
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QUOTE(aspartame @ Nov 2 2019, 05:17 PM)
Nothing wrong what? Sell high end you say too high end, sell mass market you say spoil market ...at least they are highly unlikely to go bankrupt...unless some simply recommended by gurus built by sub standard developers...
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QUOTE(aspartame @ Nov 2 2019, 10:28 PM)
Yup... the boss is a “doer”.. he delivers.... btw.. his idol is li ka shing... lol
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QUOTE(seancl85 @ Nov 2 2019, 10:33 PM)
Omg haha perhaps u are blinded by their marketing...but is ur choice if u want MH..good luck
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They are likely m.s s.a.

jhuitan
post Nov 3 2019, 10:39 AM

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QUOTE(aspartame @ Nov 2 2019, 05:17 PM)
Nothing wrong what? Sell high end you say too high end, sell mass market you say spoil market ...at least they are highly unlikely to go bankrupt...unless some simply recommended by gurus built by sub standard developers...
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Kap chai cheap but too dangerous, potong makan minyak, best is Mercedes sell produo price thumbup.gif I think current market people can accept smaller size unit 350ft for one room, 600ft for two room units, atas location, close to MRT, fully fitted, Hotel style service apartments..


This post has been edited by jhuitan: Nov 3 2019, 10:47 AM
SotongBiru
post Nov 3 2019, 10:45 AM

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Defects a bit here and there ok, but it is about taking responsibility.

Also when sub (or sub sub) contractor ain't qualified, you should worry. Especially wiring.
MrGeex
post Nov 3 2019, 02:43 PM

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I noticed that most of you has prejudice on Mah Sing..? Why??
jhuitan
post Nov 3 2019, 03:52 PM

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QUOTE(MrGeex @ Nov 3 2019, 02:43 PM)
I noticed that most of you has prejudice on Mah Sing..? Why??
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Many haters for all the project now as all bleeding every month, all the owners group also very toxic cry.gif
jhuitan
post Nov 3 2019, 03:54 PM

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QUOTE(SotongBiru @ Nov 3 2019, 10:45 AM)
Defects a bit here and there ok, but it is about taking responsibility.

Also when sub (or sub sub) contractor ain't qualified, you should worry. Especially wiring.
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Last time 3years build 200units for a single project, now maybe 2000units for single projects biggrin.gif should revise the defects liabilities period to at least 3years
icemanfx
post Nov 3 2019, 03:59 PM

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QUOTE(jhuitan @ Nov 3 2019, 03:52 PM)
Many haters for all the project now as all bleeding every month, all the owners group also very toxic cry.gif
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Lovers turned haters is quite appropriate.

If one consider monthly bleeding as forced saving could feel better or consolidate a bit.

This post has been edited by icemanfx: Nov 3 2019, 04:00 PM
jhuitan
post Nov 3 2019, 04:21 PM

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QUOTE(icemanfx @ Nov 3 2019, 03:59 PM)
Lovers turned haters is quite appropriate.

If one consider monthly bleeding as forced saving could feel better or consolidate a bit.
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Not just bleeding, stress level testing also..low holding power "so called investor" simply rent out to low quality tenant cover lose..those culpits like to throw cigarette butts to your balcony, throw rubbish everywhere.. break in case, airbnb, rempit at night, motorcycle illegal parking.. dun be supprised happen in millon dollars condo biggrin.gif
MrGeex
post Nov 3 2019, 04:59 PM

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QUOTE(jhuitan @ Nov 3 2019, 04:21 PM)
Not just bleeding, stress level testing also..low holding power "so called investor" simply rent out to low quality tenant cover lose..those culpits like to throw cigarette butts to your balcony, throw rubbish everywhere.. break in case, airbnb, rempit at night, motorcycle illegal parking.. dun be supprised happen in millon dollars condo biggrin.gif
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This is the problem of investors & tenants... Nothing to do with Mah Sing.. I wonder why everyone blame Mah Sing 😂
jhuitan
post Nov 3 2019, 05:08 PM

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QUOTE(MrGeex @ Nov 3 2019, 04:59 PM)
This is the problem of investors & tenants... Nothing to do with Mah Sing.. I wonder why everyone blame Mah Sing 😂
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This kind of 1500units squeeze within 3acres Land size high chances happen the circumstances above..they still sleeping and haven't wake up yet
xhowl
post Nov 3 2019, 08:29 PM

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QUOTE(jhuitan @ Nov 3 2019, 05:08 PM)
This kind of 1500units squeeze within 3acres Land size high chances happen the circumstances above..they still sleeping and haven't wake up yet
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Walao can u tell me which developer is not doing the same way?
I feel pity for the developers... Susah nk cari makan nowadays.


max_cavalera
post Nov 3 2019, 08:46 PM

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QUOTE(Sand Dust @ Aug 23 2018, 05:45 PM)
Mah Sing PBT margin been consistently at 16.2% from 2015 despite the downturn.

Since they shifted to affordable housing, pricing Rm500k segment (which command lower margin), they manage to retain this margin, meaning that they are doing very good job in controlling the cost.

The cost will come from higher dense, and definitely not better workmanship products. So give and take I guess.

But labelled as top developer might be misleading, if top means quality.
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Top means total market capitalization i think
MrGeex
post Nov 3 2019, 08:55 PM

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QUOTE(jhuitan @ Nov 3 2019, 05:08 PM)
This kind of 1500units squeeze within 3acres Land size high chances happen the circumstances above..they still sleeping and haven't wake up yet
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Low density project means the buyer has to pay higher unit price, as well as higher maintenance fee..
This is very common for high rise projects..
xhowl
post Nov 3 2019, 09:31 PM

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QUOTE(MrGeex @ Nov 3 2019, 08:55 PM)
Low density project means the buyer has to pay higher unit price, as well as higher maintenance fee..
This is very common for high rise projects..
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Agreed. Low Density project - after VP maintenance fees sure increase 99. My sister's Condo only 250 units, 1000 sqft. Increased to rm 0.45/psf. 450rm monthly and I heard management think of increase again because cannot cover....

I rather go for higher density and the Maintenance fees can be shared with other unit.
SUSBoomwick
post Nov 3 2019, 10:01 PM

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But eric tsang from hk support o.. haha

cryheart
post Nov 3 2019, 10:17 PM

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QUOTE(xhowl @ Nov 3 2019, 09:31 PM)
Agreed. Low Density project - after VP maintenance fees sure increase 99. My sister's Condo only 250 units, 1000 sqft. Increased to rm 0.45/psf. 450rm monthly and I heard management think of increase again because cannot cover....

I rather go for higher density and the Maintenance fees can be shared with other unit.
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you know what cost the most for maintenance fee?
LoTek
post Nov 4 2019, 06:21 PM

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yet to hear of a successful development (in terms of rental yield/capital appreciation) all these years from said dev despite all the marketing prowess
icemanfx
post Nov 4 2019, 07:24 PM

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QUOTE(LoTek @ Nov 4 2019, 06:21 PM)
yet to hear of a successful development (in terms of rental yield/capital appreciation) all these years from said dev despite all the marketing prowess
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Developer's marketing is to sell their development, not subsale.

During the bull run, developer took credit for price appreciation and likewise take credit for stagnant price.
theballer
post Nov 4 2019, 08:02 PM

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QUOTE(cryheart @ Nov 3 2019, 10:17 PM)
you know what cost the most for maintenance fee?
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What yah? Electric?
cryheart
post Nov 4 2019, 08:06 PM

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QUOTE(theballer @ Nov 4 2019, 08:02 PM)
What yah? Electric?
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haha actually i am asking whether u know what is the maintenance fee paying for if ur sis got see the account book, but what i heard is like the "free" shuttle bus is a burden to financial after handover

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