https://www.theedgemarkets.com/article/mah-...jGdLp0.facebook

More project info at:

Android:
https://play.google.com/store/apps/details?...eraapp.accetera

iOS:
https://apps.apple.com/gb/app/accetera/id1554722291

This post has been edited by accetera: Mar 19 2021, 12:36 AM

M Adora, Coming soon. by Mah Sing......

More info coming soon.....

KUALA LUMPUR (Aug 6): Mah Sing Group Bhd is acquiring an approximately 1.81ha (4.52-acre) land along Jalan Wangsa Melawati 1 here for RM61.97 million to develop two blocks of condominiums with an estimated gross development value of RM378 million.

In a statement to Bursa Malaysia today, Mah Sing said its wholly-owned subsidiary Maxim Heights Sdn Bhd had today signed the conditional sale and purchase agreement with JL99 Property Sdn Bhd's wholly-owned subsidiary KLFA Properties Sdn Bhd.

Mah Sing said the tract is a leasehold land expiring on Jan 21, 2117.

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"The land is purchased with the benefit of approved development order for residential development, enabling rapid speed to market to meet current market demand in the matured location," Mah Sing said.

"Based on preliminary plans, the new project, to be named M Adora is planned for a fully residential condominium development with amazing city and highland view," the company said.

In a separate statement today, Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the proposed land acquisition proves the company's commitment in expanding its landbank for projects at strategic locations in the Klang Valley.

"Coupled with our unique quick turnaround model, we believe M Adora will be able to match the current market demand for affordable housing that comes with ample amenities. This is what we call 'luxury you can afford'.

"Having the vision of inventing sustainable developments, we are always looking at project features and concepts that [enhance] the quality of lives of our home buyers. This project in Mukim Setapak is planned for a fully residential condominium with amazing city and highland view, and yet affordably priced from RM468,000 for a home with indicative built up from 850sq ft. This augurs well for our continuous efforts to provide quality lifestyle for affordable homes," said Leong.






https://www.theedgemarkets.com/article/mah-...jGdLp0.facebook

Recently Mah Sing really on shopping spree on landbanks......

Parking

Starting price 468k 850sf as indicated in the article.

Thats rm550 psf in that area...

This empty land here? https://www.google.com/maps/dir/Jalan+Wangs...1984176!3e2

Not walkable to any LRT or Wangsa Walk Mall (1.1km distance)

another mah sing 'project'

not so strategic also....

what the selling point

MAH SING


this is the selling point , some 'fans' still will follow

Ms got lot of fans especially existing buyers, not to mention they won plenty of awards.

Able to win award even before project completion.
Example:

M Vertica
Congrats winning "The Skyline" award.
No idea what it means but who cares. During undercon period also can win award.




Not sure how the judge giving points base on artist impression works?

Hehehe...
No wonder.. so date to buy the land 💪

Must be mah sing ambassador..I just knew mah sing got lot ot fans.

when land price is 16.4% of the GDV, i really cannot imagine the rest

Same here..
Didn't expect them to have following / fans 😁

Let's see how many ppl fall into M Vertica

Ms watching you guys comments and drafting some special letter to be issue...

3 blocks? Less than 700units? Every level only 8 units?

on what ground

anyhow.. bring it on.. I didn't defame them.. No spread fake news / info that spoil their "good reputation"

The location literally surrounded by landed houses. Won't the residence make noise? Albeit legally looks good to go.

Finally saw their registration started. But not much details yet.

www.m-adora.com.my

surrounded by landed. at least not so crowded..

Park

park

FREE HOLE OR LEASE HOLE?

Apa macam, this project okay?

https://www.mahsing.com.my/properties/m-ado...wangsa-melawati

Edit

This post has been edited by wailord: Dec 2 2019, 03:36 PM

The project will doing pre-launch around March, 3 layout will be given:
850sqft 3 Bedrooms
1000sqft 3+1 Bedrooms
1200sqft 4Bedrooms/Dual Key
with very low density which is just 677units only...

That's the info I had received, layout mostly will be same as M Oscar@SriPetaling, but existing of balcony is TBC.

looking good. any idea where the sales gallery located pls?

I received their e-broucher and being invited to their soft launching at their HQ this week.😂
let's see the how it will be

their hq at sg besi?

Heard this land is bought from JL99. True ?

beside wangsa walk mall

if not mistake last time is shxx pxxx at this land,cover up already and build high raise.

yaya..

that one not queen showroom?

Yesterday meet with my agent, nice layout and view for it. Price is consider cheap compare to other surrounded projects.

Park

So isit worth to buy it?
After read all the bad reputation of mahsing, im worried to buy this M adora as my 1st home 😢

This project will be evaluated via Qlassic. So should we still be worried about the workmanship? Thought they will try to give their best to get a higher score.

With the price tag in wangsa melawat/wangsa maju area, I think is quite a good deal for this.
As I know they change their old contractor to the new 1, so the quality of workmanship should not be a problem

Why they changed the main contractor? Why new contractor want to liable to works done by previous contractor?

All those new launch project is using new contractor

Haha.. yeahh the price quite good, location also ok.
Landed house surrounding.. Even the site on the layout loji 😅
Low density..
still thinking for the bad review 🤯 worried also even got Qlassic checker 😅

Is that a new trend of small size 850 sq ft now cater for 3 rooms and 1200 sq ft cater for 4 bedrooms?

Yes.

leasehold

Still receive their calls during MCO period, looks aggressive

So far I think their layouts are good. 1200sf for 4 bedrooms is nice for me

how much after rebate? nett price for 1200sf ( 4 rooms ) ?

Is about RM641k

Anybody gonna buy into this project soon? More than willing to split the referral fee with you guys and will give you . :-)
Existing Mah Sing project owner here (Southville City).

To those who are curious why I'm doing this (giving away majority of the referral fee), its because I don't want the developer to 'save on this money'. And I don't see why I should keep half of it when I'm not doing anything much. You, the buyer, should get the bulk of it, as you need it and you deserve it.
:-)

Interested on the project. Park until much more information revealed.

Buat crowded sigh cars and fucking traffic lightsq. I live there.

lower floors or higher floors?

Is lower level, mid level is about 669k

whats the size?

Biggest size in the project which is 1200sf type

Was told by the sales agent that the prices have increased. I was expecting the other way around. The rebate is now at 13% according to the sales agent.

Because Early-bird promo was ended

what is the take up rate now? official website still say launching soon..

The land cost is considered high? Normally, what's the % of GDV for land cost? and also construction cost?

Anyone has the knowledge, please share, thanks

yup will be launching soon
taken up rate about 30% for now

This post has been edited by girl_fashion: May 22 2020, 09:39 PM

There isn't a definitive number. But in general, for the past few years, the compounded annual growth rate (CAGR) for land in terms of % is higher than that of other components, such as material, labour or machinery, and even the house price itself. What this simply means is that the land cost is becoming more and more significant a component of the total house price.
It by no means tells the profit margin of the developer or anything of that sort.

I've been eyeing this project almost few months. Wanted to know if the project is BBB worthy or not. If anyone can share their opinion.


This post has been edited by fifysulaiman: May 29 2020, 01:06 AM

Looking for own stay or investment?

my opinion, for own stay is quite a good deal

For investment

What about if for investment purposes?
Not good deal?

If a property is heavily skewed towards buyers who are purchasing for own stay, it is a very good property as far as appreciation and maintenance. Because historically, buyers who stay in will take care of their property more than the property that they rent out. This can be in terms of payment of monthly maintenance, being more involved in the local community and also upkeep/cleanliness of the common area of the property/building. There is a higher chance that they will spend more on renovation of their own houses that they are staying in than the properties that they buy to rent out. Last but not least, buyers who buy a property for own stay will mean there will be less supply in the market in terms of units for sale and also rent. This will generally mean better price stability and the ability to command much higher prices when it comes to sales or rental.

Likewise, it is the same the other way round. Property that is heavily skewed towards rental, will be less likely to be properly maintained compared to a property that is heavily occupied by owners. Can expect the property to be 'thrashed' more heavily in terms of cleanliness and noise pollution. This is also a direct effect of getting less dedicated people sitting on the JMB (Joint Management Body) of the building. Those who buy for investment, would usually not have the time to be on such committee. If they do join such committees, it will usually be their own property that they are staying in first, before joining others, assuming they really do have the time and this property for investment isn't too far from where they are staying. Best cases of poorly maintained properties which are heavily skewed towards buyers who buy for investment are properties that are under GRR schemes, which was popular about 10~20 years back. 100% of the units are all for rent, maintenance is generally very poor and most GRR properties ended up very badly, if not all.
Finally, will be the units for sale and rent. Certainly can expect the market to be flooded with units for sale and also rental once VP if majority of buyers are buying for investment (flipping/renting). Thus, the price instability, with potentially quite a lot of auction units as historically, there will be a fair bit of investors who are not able to sustain and will need to force release.

In summary, if a property is heavily skewed for own stay, then it is certainly good for investment!
By the way, dropped you a PM :-)

Thank you for the clarification sir. I guess its not a good property for me to invest in for now. Because I am looking for a well invested place for own stay. But more interested in landed property if I want to invest till I die. LOL.

This project is good for own stay & investment also!

anyone book already? today agent contact me, I fill up the form in mahsing website long time ago

already have landed opposite

This post has been edited by SiewLee30: Jan 25 2021, 09:15 PM

will be crowded especially the usual bazar ramadhan place. and also confirm people will park along the road when this project completed

gg. i live there for 29 years. gonna moving out soon.

Just one project,600** units only,surrounded by landed houses. why so mind about the density ?if management is good ,sure don't have parking problem.

everywhere condo parking always limited ma. these condo people confirm park outside whole wangsa melawati road.

wow. can imagine that

Expecting there wont be too many cars parking by the road since every unit is given at least two parking space.

Nah.. Wait and see.

Now landed property also can see people parking beside the road.

https://youtu.be/WuBYACh-y5U

Is it typical for the developer to display the listing price after all the rebate?Since some of the agent said the listing price is after deduction. I felt being cheated already. He said the listing before rebate is much higher

Showroom is ready to rock! 🥳

Last call for pre launch promo ✋✋✋

credit : Propcafe

This post has been edited by deed: Jul 19 2020, 10:22 AM

MS really desperate... received at 4 sms in 1 day for this project.

Status as of yesterday

SA said MS open Blok B now..Blok A almost sold out

Same here. Really annoying. And dont recall i have provided them my number before. Wonder any way we can report this

Sign S&P yesterday. Any one sign yet? Maybe we can make a group

Signed it on Thursday.

Able to visit the showroom on Friday. Location wise im good but the layout seems compact for 3bedders. Plus the ceiling height around 9.2ft & by designing the unit with darker tone, it does make it look very cramp.

Please add me in the group

9 ft = rumawip standard...
If you're own stay, please think twice before actually proceed.
The ceiling height low = no mood to stay