Recently completed property and pending for CF - ready for view
price from 140k up to 160k
3r 2b 780sf leasehold

Would like to seek for advice on this property - own stay as well as investment

ready built? sorry not vr know dat plc...
thr is a ucsi...for investment...i tin u can rent it for students over thr...getting some rental income...

The entrance and exit are rather narrow and right next to the main road heading down Connaught. Expect hectic jammed in the morning and off work hours and especially on Wednesday evening (pasar malam!). There's a few block of apartments a little further from Mandarina Court (down the street where the stretch of now-building Mandarina 2 terraces) which are housing mainly UCSI students. I heard security is pretty bad in those apartments, so you might want to watch out for the similar situation shall MC be heading towards the same way.

This post has been edited by feyhime: Feb 4 2009, 12:11 PM

if the price below 150k, i guess shud able to consider...as location wise (beside points mention by feyhime), is quite near to banks (though have to walk a bit)n easily accessible to federal,mrr2,mines,leisure mall,etc etc...bt 780 is a bit small..how much rental can fetch? any reference?

Dear forumers,

Does anyone know of the latest development with this apartment?
It has still to be launched.

check it out at the iproperty.com

saw some agent put the advertisement there, it's like starting to sell now.

i dont think it get CF yet..

its been completed for years and still no one moves in yet

It has not been launched yet. I have been keeping an eye for this for TWO bloody long years!
IJM Land says "register with us, we will inform you when it is launched."

Some says developer is waiting for the right price.
Others says it has quality issues, thus the non-issuance of CF.

I don't care, the key here is location, location, location!

I was there few weeks ago with SA, SA mentioned CF was about to be issued soon. Starting price from RM168k lowest floor.... and every floor increase about RM3k to RM4k. SA said all units are fully booked - but still can register in case people cancel booking or loan reject.

But isnt the price a bit on the high side for an apartment? It's not a condo, no facilities, etc..

any idea on how much the rental around there?

0

So far rental around there is quite okay due to UCSI students - the nearby condo Angkasa (920sqft) and Puncak Banyan (806sqft) both renting around RM1500 to RM1700 for fully furnish. But these 2 condos are walking distance from UCSI, that's y high demand.

Mandarina Court is further away - quite far to walk. But nonetheless MC's location is indeed quite good.

i went there and the SA told me is en-block sold... omg, i so frustrated! i have been register with them so long and this news is disappoint me

Hi Toilet Duck,
If it is enblock, do you know of the company/buyer's name?

they do not reveal the name, however there is some agents start selling it, so have to find it -__-

i think its pending CF since its supposed to be sold as low cost apartment but the price not low cost anymore.
hence got issue with DBKL..

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Added on April 19, 2011, 11:37 pmcould b DBKL..

This post has been edited by soujiro_seta: Apr 19 2011, 11:37 PM

according to the SA said sold to an investor wor...

Anyone bought any or went to the place? Apparently today and tomorrow they open viewing until 5pm.....
How's the sales?

I know the prices are attractive for a leasehold condominium. If you are looking to rent out the property to UCSI students, please do bear in mind that Mandarina Court is way too far for UCSI students to walk to their campus by foot. The location of Mandarina Court is even further than Puncak Bayan which is separated from UCSI by a 5 minute walking distance and a 5 minute long bridge. (I am being kind to share my homework with you guys)

Nevertheless, the location of Mandarina Court is good and so does the leasehold price!

This post has been edited by wallofchina: Apr 23 2011, 10:51 PM

What is the rental rate suitable for this apt in the future with selling price now start from 169k?

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Added on April 24, 2011, 4:06 pmFYI - was told that the rental will start from RM1150 bcoz nearly puncak banyan n angkasa are around 1.5k-1.6k for furnished units at slightly bigger sqft. was there today, selling like hot cake, left few units for lower floor - those nearer to TNB substation or "bilik sampah". place deposit 2% but refundable if loan is not approved by bank.

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Added on May 1, 2011, 12:52 pmBank valuation for 5th floor unit is at RM185k, exactly matched the selling price. Bank also offer additonal 30% loan for renovation, hence total 120% loan for this unit. Hope to get the offer letter soon to move ahead.

This post has been edited by ekokmle: May 1 2011, 12:52 PM

yest went there have a look, the agent said there's still few unit at the higher floor..

Danny....so u bought any unit there ?

can someone point out where this is? thanks


This post has been edited by ycs: May 16 2011, 10:41 AM

Google maps 3.075756,101.739546

Guys, whats the story behind this development? The pending CF issue is due to quality issue etc nobody knows for sure?

What happens now to the first purchasers of MCourt? Or is this actually not by IJM rather by its "current subsidiary company"?

Pardon me but .. so many questions that I am curious about now ...

How to find out? Who knows?

IJM applied for low cost housing development
but once complete, they trying to sell it with the price of medium cost apartment..

The building structure is similar to Desa Sri Puteri at Desa Petaling which was sold as medium/low cost apartment - with fundamental facilities = Lift, play ground, meeting room/kindergarten, security guard (gated/guarded), covered car park (1 for each unit). The plus point for Mandarina court is its strategic location.

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Added on May 27, 2011, 8:27 pmHeard that UCSI business is doing so well that they have bought and renovated FIT campus. Anyone to share more info?

This post has been edited by ekokmle: May 27 2011, 08:27 PM

Do units still available?

this saturday will sign S&P at the condo. u can ask the agents there.

I am letting go of my unit at Mandarina Court.
The project already has CF. SPA end of the month,
keys to be given in September.
Anyone interested can contact me.
sue.osh@gmail.com

fyi - as per the agent, still have 10% (30 units) available. 90% (260 units) was sold.

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Added on June 25, 2011, 7:05 amThis sat SnP signing cancelled bcoz lawyer can't prepare all docs ontime n is postponed to next week sat

This post has been edited by ekokmle: Jun 25 2011, 07:05 AM

I have just put a deposit down for the unit.. do you want to take over? RM208800...

where to buy?

too expensive for tat area

do let us know if u can get something cheaper in tmn connaught.

This post has been edited by ekokmle: Jul 15 2011, 08:44 PM

This will be another future african village. Why I say so? look at Angkasa condo & Puncak banyan since u know tmn Connaught

anything cheaper in Tmn Connaught? that was my question.

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Added on August 14, 2011, 8:44 pmanyone know what is the latest status for this apartment and nearby apartment or nearby areas development?

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Added on September 10, 2011, 10:56 pmThe agent said some units are available now because some buyers couldn't get their loan approval,but these units are now on sale at higher price. Anyone heard about this?

This post has been edited by ekokmle: Sep 10 2011, 10:56 PM

can anyone reconfirm about this? kinda interested on this project. how much is the market price now? from what i have seen in iprop. it goes to around 250k.

FYI - The S&P Lawyer has settled the MOT (Memo of transfer) and now all buyers waiting for Banks to release the remaining settlement to get their keys.
As for the price, can't trust the iprop listed price but heard from agent that it is going up above 200k as compared to few months back (start from 160k).

This post has been edited by ekokmle: Oct 15 2011, 12:56 PM

Hi, I am looking for 1 unit for my customer.
Puncak Banyan, or Anything in Taman Connaught near UCSI
Plz contact me if u want to sell (or rent)

Agent welcome

This post has been edited by big2me: Nov 10 2011, 09:20 AM

Latest news - the S&P Lawyer informed that the owner has settled the outstanding payment and they are able to release the relevant documents to the buyers' bank lawyer.

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Added on January 6, 2012, 11:10 pmKey is available for collection by buyers

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Added on January 21, 2012, 12:11 amKey available for collection, and each unit will have its own water supply meter and electricity meter, people ready to start the renovation soon.

This post has been edited by ekokmle: Jan 21 2012, 12:11 AM

Will become ghost building sooner . So far only one family is moved in.

3 units occupied as per the guard. TNB & Syabas busy installing individual meters for each units, no share share. 50+ units collected keys; other pending banks to release payments.

price no more 169k, anyone selling cheaper price??
i wan to get it~~ today just go there, pricing is 250, not suit me

now around 20+ families moved in, more units are doing renovation, very lively.
No more price of RM169k, you gotta buy flat nearby.

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Added on November 4, 2012, 6:03 pmLatest update - as per laurelcap management office maintenance staff, the occupancy is around 60% now.

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Added on December 22, 2012, 11:41 pmBy end of Dec 2012, the occupancy rate is at 80% as per management office.

This post has been edited by ekokmle: Dec 22 2012, 11:41 PM

By Feb 2013, the occupancy has reached 85% as per agent.

This post has been edited by ekokmle: Feb 28 2013, 12:33 AM

Price has gone up to 250k upward, neaby condo apt also go up bcox nearby mrt construction n cheras central renovation is almost complete

puncak banyan for sale RM 310,000 low floor, partly furnish with kitchen cabinet, air cond , washing machine, fridge, TV and TV cabinet.

Understand there will be a SUKE highway proposed on the road, this may cut the resident to cross over to Angaksa/UCSI side..
am i right ?

no la, highway is on the top, they still can cross the road.

Mandarina Court @ Taman Connaught..

FOR SALE / FOR RENT

from RM300k onwards

from RM1000 onwards