Investment Regretted: Expensive to Invest in iCity (iBerhad), Steep Increase Maintenance up to 67%
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 Jan 22 2024, 09:55 AM
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Junior Member
22 posts Joined: Apr 2008 
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QUOTE(ck2chan @ Jan 17 2024, 11:39 AM) Thanks for highlighting the issue with iCity . Rip off all the residents Hope this sharing will be useful to their future potential buyers, at least the buyers could make an informed decision... ck2chan liked this post
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Jan 22 2024, 09:59 AM
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Senior Member
2,119 posts Joined: Apr 2013
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Ken Teo was quite femes in the JMB fb group, no?
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Jan 29 2024, 11:43 AM
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Junior Member
22 posts Joined: Apr 2008
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QUOTE(anakkk @ Jan 22 2024, 09:59 AM) Ken Teo was quite femes in the JMB fb group, no? Same person ?https://www.facebook.com/groups/10276729406...00007753173118/ |
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Jan 29 2024, 04:15 PM
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Senior Member
2,119 posts Joined: Apr 2013
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QUOTE(minems @ Jan 29 2024, 11:43 AM) I am not sure if the Ken Teo you hired is the one in the facebook link, but from his post, he seems quite knowlegeable on SMA |
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Jan 31 2024, 07:01 AM
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#25
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All Stars
12,528 posts Joined: Feb 2013
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I saw this hill12 got high transaction value on bricks. All those paying gross 1kpsf unless 35% rebate be prepared to lose $$$$.
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Jan 31 2024, 10:49 PM
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#26
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All Stars
48,551 posts Joined: Sep 2014 From: REality
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QUOTE(Gabriel03 @ Jan 16 2024, 04:00 PM) The developer (Retail & Carpark) took the opportunity to reduce their commitment too. Walao...Got the image from one the FB user, talking about this topic.  Really cunning of the developer... Now residents need to cover the cost... |
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Feb 15 2024, 11:38 AM
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Junior Member
22 posts Joined: Apr 2008
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QUOTE(nexona88 @ Jan 31 2024, 10:49 PM) Walao... Exactly...sad...Really cunning of the developer... Now residents need to cover the cost... |
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Feb 15 2024, 12:49 PM
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#28
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Junior Member
662 posts Joined: Jun 2020
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This post mostly is ranting about the increasement of maintenance fee. Since Ts you are buying for investment. So what is the ROI outcome after the rate changed?
Before the new rate was implemented, is it I city is a good choice of investment? This post has been edited by Aldo-Kirosu: Feb 15 2024, 12:51 PM |
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Feb 15 2024, 03:25 PM
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Junior Member
779 posts Joined: Apr 2012  
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Did not explore any possibility of exit plan?
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Mar 19 2024, 04:23 PM
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Newbie
5 posts Joined: Mar 2015
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Hi, I'm interested to invest in Becentral but looking at all your discussions on the maintenance fees etc, are you able to recover your investment? Is it a good buy in your opinion? Coz from the outside it looks good with the bridge to the mall, tram to lrt3, office towers and hotels, and also a convention centre.
Appreciate your honest input. Thanks. |
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Mar 20 2024, 08:37 AM
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#31
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(little-traveller @ Mar 19 2024, 02:23 AM) Hi, I'm interested to invest in Becentral but looking at all your discussions on the maintenance fees etc, are you able to recover your investment? Is it a good buy in your opinion? Coz from the outside it looks good with the bridge to the mall, tram to lrt3, office towers and hotels, and also a convention centre. Is it below 650psf after rebate?Appreciate your honest input. Thanks. |
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Mar 21 2024, 12:26 AM
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Newbie
5 posts Joined: Mar 2015
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QUOTE(Babizz @ Mar 20 2024, 08:37 AM) Is it below 650psf after rebate? About RM785/ sqft |
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Mar 23 2024, 10:23 PM
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Junior Member
434 posts Joined: Jun 2013
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QUOTE(Gabriel03 @ Jan 16 2024, 04:00 PM) The developer (Retail & Carpark) took the opportunity to reduce their commitment too. Under the shared unit calculation, there are already factors applied to different parcels, therefore same rate should be applied for each shared unit. Developer cannot simply applied a different rate in their favour, complain to COB is the right thing to do.Got the image from one the FB user, talking about this topic. Survey the market rate to manage the property and try to change the management company appointed by developer if residents is able to take back the control. Thanks for sharing, good to know how a developer is treating their buyers. People familiar with strata act and jmb operations will see what this developer is doing. |
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Mar 23 2024, 10:40 PM
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Junior Member
434 posts Joined: Jun 2013
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https://www.skrine.com/insights/alerts/apri...ssory-parcel-be
Good to know this court case, it may be possible to get back all the car parks from developer hand. |
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Dec 15 2024, 08:58 AM
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Junior Member
22 posts Joined: Apr 2008
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QUOTE(little-traveller @ Mar 19 2024, 04:23 PM) Hi, I'm interested to invest in Becentral but looking at all your discussions on the maintenance fees etc, are you able to recover your investment? Is it a good buy in your opinion? Coz from the outside it looks good with the bridge to the mall, tram to lrt3, office towers and hotels, and also a convention centre. https://www.facebook.com/share/p/1NdB2avS7H/Appreciate your honest input. Thanks. |
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Dec 15 2024, 02:44 PM
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#36
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Senior Member
5,741 posts Joined: Apr 2019
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QUOTE(minems @ Dec 15 2024, 08:58 AM) Has ts sold the place |
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Dec 15 2024, 04:09 PM
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#37
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Junior Member
83 posts Joined: Feb 2013
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QUOTE(gashout @ Dec 15 2024, 02:44 PM) Has ts sold the place Sounds very serious with so many owners present. I should read up on the whole thread 😶 gashout liked this post
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