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Investment EKOCHERAS @ JALAN CHERAS [MRT PROPERTY], EcoBusinessPark & Leisure Mall MRT Stati

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The Jedi
post Sep 23 2013, 09:04 PM

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QUOTE(tengster @ Sep 23 2013, 08:44 PM)
My apology if it indeed freehold. Any other points?
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Ekovest is a proven builder and involved in the construction of many local major and iconic buildings/skyscrapers incl Twin Tower. Major land owner in Danga Bay, JB and ventured into property development few years ago. What Ekovest shld improve is the software (sales & marketing) and not hardware (project and construction)

CaptainCool
post Sep 23 2013, 09:05 PM

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Sorry for being rude,but it just piss me off when someone make offensive comments and yet not a educated comment.
CaptainCool
post Sep 23 2013, 09:06 PM

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Worse case scenario,if indeed the developer Ekovest bankrupt,at least duke highway will be free to use.lol
superpigchan
post Sep 23 2013, 09:08 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:04 PM)
Ekovest is a proven builder and involved in the construction of many local major and iconic buildings/skyscrapers incl Twin Tower. Major land owner in Danga Bay, JB and ventured into property development few years ago. What Ekovest shld improve is the software (sales & marketing) and not hardware (project and construction)
*
Agreed on that...their software is relatively weak , hopefully their management can notice this...and just learn from eco world...they r really doing a great job in term of marketing and branding...
The Jedi
post Sep 23 2013, 09:09 PM

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QUOTE(CaptainCool @ Sep 23 2013, 09:05 PM)
Sorry for being rude,but it just piss me off when someone make offensive comments and yet not a educated comment.
*
captain cool, don't lose your cool.

Don't waste your time with explanations, some people only hear what they want to hear (famous quote by Paulo Coelho)
CaptainCool
post Sep 23 2013, 09:10 PM

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QUOTE(superpigchan @ Sep 23 2013, 09:08 PM)
Agreed on that...their software is relatively weak , hopefully their management can notice this...and just learn from eco world...they r really doing a great job in term of marketing and branding...
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But for me I would prefer a good hardware over a good software...and if both were good,I doubt it would be priced so low...if ecoworld own this piece of Cheras land,my bet would be selling at least rm800 psf...so I think it's a steal for me....
ManutdGiggs
post Sep 23 2013, 09:11 PM

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QUOTE(CaptainCool @ Sep 23 2013, 09:03 PM)
Lol,u can always stick to subsales then.and to your moron comment,I can only say you're an ignorant fool to say no track record...check your facts before saying.it only makes you look dumb.
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Boss dun say he is dumb. He is worse than tat lo.
tengster
post Sep 23 2013, 09:12 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:04 PM)
Ekovest is a proven builder and involved in the construction of many local major and iconic buildings/skyscrapers incl Twin Tower. Major land owner in Danga Bay, JB and ventured into property development few years ago. What Ekovest shld improve is the software (sales & marketing) and not hardware (project and construction)
*
The role of a contractor may not be the same as developer. I am not sure Ekovest is involved in which parcel in Twin Tower. Possibly a small parcel. Because we know the towers are handled by Korean and Japanese main con. One for each country.

The criteria and design in term of provision of facilities have to be incorporated into the EkoCheras DNA before they launch.... The fact that they allow selling entitlements really send a chill to my spine on how good they can manage 3 high rise tower in one shot....Block J and H are about 28 storey high with double volume....I.e 18 feet floor to floor height.... Not easy to chew leh...

Launching 1000+ units at the same time means VP is about the same time. Do they have the manpower to handle VP processes, Defect rectification works during DLP, monitoring payment from 1st claim till VP, late interest, have they calculated the maintenance cost, etc etc....


CaptainCool
post Sep 23 2013, 09:12 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:09 PM)
captain cool, don't lose your cool.

Don't waste your time with explanations, some people only hear what they want to hear (famous quote by Paulo Coelho)
*
Sorry dai lou,captain cool lost his cool when being branded a moron out of a sudden...sad.gif
tengster
post Sep 23 2013, 09:13 PM

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QUOTE(CaptainCool @ Sep 23 2013, 09:05 PM)
Sorry for being rude,but it just piss me off when someone make offensive comments and yet not a educated comment.
*
Who dare to offend Captain Cool? icon_rolleyes.gif

This post has been edited by tengster: Sep 23 2013, 09:13 PM
The Jedi
post Sep 23 2013, 09:15 PM

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QUOTE(superpigchan @ Sep 23 2013, 09:08 PM)
Agreed on that...their software is relatively weak , hopefully their management can notice this...and just learn from eco world...they r really doing a great job in term of marketing and branding...
*
íf Ekovest grasps the marketing tricks of EW or SPS, they would not selling at these prices. it's a double edged sword, depends how one looks at it.

They are watching and learning. In Danga Bay, they will JV with few key developers (local and overseas) and trust they will learn in the process. Let's wait for the prices for block N.

CaptainCool
post Sep 23 2013, 09:16 PM

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QUOTE(tengster @ Sep 23 2013, 09:12 PM)
The role of a contractor may not be the same as developer. I am not sure Ekovest is involved in which parcel in Twin Tower. Possibly a small parcel. Because we know the towers are handled by Korean and Japanese main con. One for each country.

The criteria and design in term of provision of facilities have to be incorporated into the EkoCheras DNA before they launch.... The fact that they allow selling entitlements really send a chill to my spine on how good they can manage 3 high rise tower in one shot....Block J and H are about 28 storey high with double volume....I.e 18 feet floor to floor height.... Not easy to chew leh...

Launching 1000+ units at the same time means VP is about the same time. Do they have the manpower to handle VP processes, Defect rectification works during DLP, monitoring payment from 1st claim till VP, late interest, have they calculated the maintenance cost, etc etc....
*
I agree that they're lacking behind in that,but Afterall I still think the first 3 priority for me is the location,accessibility and price.but it's just me,everyone have different preferences...and my intention is mostly for own stay as of now,so not too worried about the other factors like competition and such.
CaptainCool
post Sep 23 2013, 09:17 PM

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QUOTE(tengster @ Sep 23 2013, 09:13 PM)
Who dare to offend Captain Cool? icon_rolleyes.gif
*
Holiday and Sam gor!!!!
tengster
post Sep 23 2013, 09:21 PM

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QUOTE(CaptainCool @ Sep 23 2013, 09:17 PM)
Holiday and Sam gor!!!!
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I hope it is not me. I am not here to offend anyone.

So, Captain, how many units you are keeping?
The Jedi
post Sep 23 2013, 09:21 PM

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QUOTE(tengster @ Sep 23 2013, 09:12 PM)
The role of a contractor may not be the same as developer. I am not sure Ekovest is involved in which parcel in Twin Tower. Possibly a small parcel. Because we know the towers are handled by Korean and Japanese main con. One for each country.

The criteria and design in term of provision of facilities have to be incorporated into the EkoCheras DNA before they launch.... The fact that they allow selling entitlements really send a chill to my spine on how good they can manage 3 high rise tower in one shot....Block J and H are about 28 storey high with double volume....I.e 18 feet floor to floor height.... Not easy to chew leh...

Launching 1000+ units at the same time means VP is about the same time. Do they have the manpower to handle VP processes, Defect rectification works during DLP, monitoring payment from 1st claim till VP, late interest, have they calculated the maintenance cost, etc etc....
*
Ekovest involved in many key projects in the past 20 yrs and you cld get more info in the website. The infrastructure projects they involved are more technically demanding than typical developers who just build row and row of houses. This selling of entitlements is unavoidable nowadays when there is a demand and supply plus a willing buyer and willing seller. Let's look at the bigger picture and not letting this affect the investors who focusing on the potential value.

In terms of project delivery to deliver 1000 units, i have more confidence in Ekovest than EcoWorld as the hardware experience of Ekovest is much credible and stronger here based on proven track records. You may disagree here but let's agree to disagree.
kochin
post Sep 23 2013, 09:23 PM

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Besides the two soho blocks and the launched single serviced apartments block, can anybody please advise what other components are left for this development?
How many more blocks to go and what other commercial elements are expected?
TokyoBoy
post Sep 23 2013, 09:23 PM

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QUOTE(tengster @ Sep 23 2013, 09:12 PM)
The role of a contractor may not be the same as developer. I am not sure Ekovest is involved in which parcel in Twin Tower. Possibly a small parcel. Because we know the towers are handled by Korean and Japanese main con. One for each country.

The criteria and design in term of provision of facilities have to be incorporated into the EkoCheras DNA before they launch.... The fact that they allow selling entitlements really send a chill to my spine on how good they can manage 3 high rise tower in one shot....Block J and H are about 28 storey high with double volume....I.e 18 feet floor to floor height.... Not easy to chew leh...

Launching 1000+ units at the same time means VP is about the same time. Do they have the manpower to handle VP processes, Defect rectification works during DLP, monitoring payment from 1st claim till VP, late interest, have they calculated the maintenance cost, etc etc....
*
well said....
in fact one of the key to this project is the commercial...
other than the man power to handle the VPed..
lets not forget the rectification... can they handle it?
otherwise it will have the same fate just as one of the soHO at Damansara perdana..

by looking at the way the co manage the sales and entitlement here and there..
it does reflect some portion of their capability to pull or manage those retails below

imagine.. if the retails the way they do is the same.. those able to go other way round able to get a retail... it means it no longer controable..
anyone with able to give them good money able to become a tenant? possible? no?

I am not speculating anything here.. but just looking the way of sales and marketing.. it does give very low confidence to public on how well can they manage the retails

to make it like replubika? this is sales talk. to do is different
if they can show their track record in managing this kind of developement.. please ask them to give thier portfolio and example
hypermarket - they got connection?
f&b - they got?
banks - maybe due to business
it is definitely not easy to make it a successful retail .. unless they have the team like Sunway ....
does ekovest has the team to get all this done? come on even during the sales..their team is less than 10 person
how can they manage the 63 or 67 retails?
otherwise they are just new kid on the block and most of the time will just fly kite


tengster
post Sep 23 2013, 09:24 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:21 PM)
Ekovest involved in many key projects in the past 20 yrs and you cld get more info in the website. The infrastructure projects they involved are more technically demanding than typical developers who just build row and row of houses. This selling of entitlements is unavoidable nowadays when there is a demand and supply plus a willing buyer and willing seller. Let's look at the bigger picture and not letting this affect the investors who focusing on the potential value. 

In terms of project delivery to deliver 1000 units, i have more confidence in Ekovest than EcoWorld as the hardware experience of Ekovest is much credible and stronger here based on proven track records. You may disagree here but let's agree to disagree.
*
I 1000% agree with your last sentence. icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif I don't intend to see EkoCheras to head south. Did you get J or H or the service apartment!
CaptainCool
post Sep 23 2013, 09:25 PM

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QUOTE(tengster @ Sep 23 2013, 09:21 PM)
I hope it is not me. I am not here to offend anyone.

So, Captain, how many units you are keeping?
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Lol,sure not you la bro teng...at least u didn't label me a moron ma....hahaha,only keeping 1 la...transfered out the studio as I like the duplex soho much more...and the soho is also like the landmark there,with a 60storey high sky bar....not bad ma...after work go up there chill a bit,look at some sexy bikini chicks...lol
The Jedi
post Sep 23 2013, 09:26 PM

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QUOTE(kochin @ Sep 23 2013, 09:23 PM)
Besides the two soho blocks and the launched single serviced apartments block, can anybody please advise what other components are left for this development?
How many more blocks to go and what other commercial elements are expected?
*
You could refer more details in Propcafe. Heard Part 3 will cover more details.

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