When is the targeted Launch for SOVO?
No news from HH and Pavilion 2 - Malton also.....

http://www.theedgemalaysia.com/in-the-edge...-in-ho-hup.html

News......

Complete in 48 months or by Oct 2017....and offer "Dev Int Subsidy Scheme", early bird disc, SPA&Loan legal fee waived.
601sf x RM682psf = Min RM410K, carpark is for lease only.....

Base on 80% LTV, buyers need to come out 20% money $$$.
First SOVO in Bukit jalil while waiting for "Malton" to develop the balance of 50 acres.....

As I know
Ho hup EF :-
Hong leong bank
UOB bank
Others....!


Malton has no problem....

Project financing or end financing?

This post has been edited by nck: Sep 29 2013, 06:58 PM

154/209 units taken up

Sales chart by noon.....unit (column) no. 7 to no.12 were selling fast....


Small meeting room.....some grabbed few units.


Before 12pm 74%
After lunch 2.30pm 85%
After 5pm???

This post has been edited by nck: Sep 30 2013, 10:11 PM

Formis Resources To Acquire Stake In Ho Hup
Sep 25 13
Formis Resources Berhad (KLSE:FRB) is still looking to acquire more shares in Ho Hup Construction Company Berhad (KLSE:HOHUP). Formis Resources cuuremtly hold 20% stake in Ho Hup. Datuk Gan Nyap Liou, Chief Executive Officer of Formis Resources, said on September 24, 2013, "Based on the prospects of Ho Hup, we would love to increase our stake in the company because we have a lot of confidence in what we can do, and I think Ho Hup’s shareholders and directors will probably feel the same way." Formis is considering the merits of making Ho Hup a subsidiary. “We won’t rule it out. But at the moment, we can’t say very much yet. We are now looking at the potential, the shareholder mix, the management team, and where we can help internally. If we can do much more [for Ho Hup] internally and add value, we will increase our stake. If we don’t think we can add value, we will then treat it as an investment asset. As with any investment, we will decide if we want to dispose of it or keep it. Funding should not be a problem. We have shareholders to go to and we have a line of bankers that are ever willing to listen to what we intend to do and so far, they have been very supportive of what we have done,” Gan added.

http://www.theedgemalaysia.com/in-the-edge...-in-ho-hup.html

Yup. Fully agreed.

"Safe Bets" could be in "Bukit Jalil - Pavilion 2" area AND "Equine Park to the Atmosphere" area.

From Aeon Jusco until Giant @ the Atmosphere (...Sierra 16) along jalan Putra Permai, we can easily notice lots of unoccupied shops/offices. But do remember that besides MBB, now we can see HLB and PBB etc open their branch in Equine Boulevard, 2 International Schools........

And, proposed S.K.I.P Highway, proposed KIDEX & U/C MEX highway would benefit surrounding areas as well and timing is another factor to be considered.....

Just my little opinion

S.K.I.P, MEX, KIDEX map


Equine Boulevard


MEX

mmm.....

Actually buyers can buy two small units and merge them.....sell separately.
The biggest unit at 1300sf is a bit hard to swallow...(bor lui $$ ah).
Anyway, Congratulation to all Aurora SOVO buyers!

This post has been edited by nck: Oct 3 2013, 02:52 PM

Wow.....how supportive they are!
Frankly speaking, those previous Jalil Sutera buyers had had the nightmare last time....! Their confident to Ho Hup is coming back liao....

Between, developer told that EF (HLB, Alliance, UOB, MBSB.....etc) has yet to tie up; therefore SPA wont be signed so soon.....

Buyers pray hard.....!

Wah....how greedy the developer is!
btw, when is VVIP/VIP's preview?

With PAV 2 mall and price/psf within rm1000psf, it is acceptable.

Spoke to SA, Hohup will be launching its serviced apartment early next year prior to Malton. Let's say a studio size 600sf x RM750psf*= RM450k....
Just need to get ready some bullets if want to play.....

(* SOVO RM682-740psf with NO car park allocated/given. )
I still remember that Hohup's 2sty shop-office (BUA 3.6k, LA 24'x75', intermediate) near Jalil Sutera sold RM498k niah.....!

It is my point of view.

Wow....today's The Star should change to "Thank You or Congratulation" adv mah!

HH long time never do marketing liao!

If Tower A SOVO is for HH to test the market n the response is good.... Don't expect low Psf for serviced apt.....too greedy now!

Few "small" units were released........

For EF, only MBSB for the time being

Original Price.

It could be their marketing gimmick! and SOVO could be a "Sweetener"!
Who knows.....This is how they strategize their mktg plans....

Not yet. Mostly bigger units....left.

if Tower B SOVO increase by 10%
Let's assume Min RM750psf (vs Block A min RM682psf):-

BUA-454sf x min RM750psf = RM340k.........
BUA-694sf x min RM750psf = RM520k.........

....Small BUA pays High PSF........