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

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TokyoBoy
post Sep 7 2013, 04:30 PM

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if not include bumi units.. 98% sold ...
REALLY power!!

I think less than 2 hours 80% gone.

Tomorrow Sunday and Nanyang Exhibition ??? tongue.gif
What to sell? Road show nia...

whistling.gif
TokyoBoy
post Sep 8 2013, 10:03 AM

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QUOTE(CMW123 @ Sep 8 2013, 09:05 AM)
Boss, if 1000 units, that's is RM500m.... flex.gif
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should be less than 1k units , 30% is bumi

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....
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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


TokyoBoy
post Sep 23 2013, 09:29 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:21 PM)


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.
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i agree with u that ekovest definitely can build.
ecoworld is new and we yet to see what they able to build. so if compared ekovest wins hand down

but able to complete the building does not mean able to manage or execute the later stage

after finished completion is just half of the project is completed (for how i look at it)
the rest will be the execution which is much more crucial
from Vped, management, landscape, utility, security and etc...
if the execution stage after construction completed fail.. this project will be wasted
TokyoBoy
post Sep 23 2013, 09:33 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:26 PM)
You could refer more details in Propcafe. Heard Part 3 will cover more details.
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just curious..
who is propcafe?
why everyone seems waiting for their review of part 3....
TokyoBoy
post Sep 23 2013, 09:47 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:38 PM)
thanks for your valid concerns which is common to many buyers.

I try to put myself in the developer shoes....my guess this Ekocheras GDV is > billion and Danga Bay GDV will be even bigger than this. Why Ekovest wants to mess this up and by putting the potential GDV at risk? Besides, they have the technical capability to deliver project at this scale as they had completed project few times bigger and more technical demanding.
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not to say they purposely putting their potential GDV at risk...
i would to say for some individual interest... they dont even care their next potential is at risk...

and capable to deliver technically does not means technically able to manage

their mentality as of now .. for how i see..
all they care is just sell n build

but after the build part - it seems they are clueless on what they need to do

fyi... they are not first time developer...

they developer land at Kajang and they build houses and shoplots too.. to for merely building and sell i dont see any problem

but for mix integrated development .. is totally a different game ....
TokyoBoy
post Sep 23 2013, 09:48 PM

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QUOTE(tengster @ Sep 23 2013, 09:41 PM)
Niasingh you expect girls clad in bikini at such high elevation. Not cold meh... brows.gif

Duplex soho has lower PSF than studio? Moreover duplex soho is one of the kind in ChewLai.....
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good point
i am wondering the same thing..
building a pool on 160m above ground level need different pool!
TokyoBoy
post Sep 23 2013, 09:50 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:42 PM)
I find hard to believe senior forumer like Tokyo Boy dunno propcafe....... tongue.gif
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i not senior lar
i am new lar biggrin.gif
TokyoBoy
post Sep 23 2013, 09:52 PM

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QUOTE(tengster @ Sep 23 2013, 09:49 PM)
NZX has different issues...like JMB thingy...compliance with local council.....like carpark ownership....etc etc.
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oh yal...

car park 4000 car parks!

not easy to manage

have anyone of u all ask or see the layout of car park route?

most of the jam in the carpark is due to the bad design of car park traffic flow!

at here after 80 pages not even one mentioned abt who is their architect!

smile.gif
TokyoBoy
post Sep 23 2013, 09:54 PM

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QUOTE(CaptainCool @ Sep 23 2013, 09:52 PM)
But everyone also have their first time ma....there's always a risk.as I said,if they're what mahsing sunrise sp setia those then the price would be much higher.
Try to look at it from a difference perspective,maybe they want to start to be a more established developer.
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fair enough.. they do deserve the opprotunity
and agree it does come with a price

if they were sunway here would have been easily 1kpsf
TokyoBoy
post Sep 23 2013, 10:01 PM

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QUOTE(The Jedi @ Sep 23 2013, 09:54 PM)
what you mentioned here is hypothetically yes that will happen to any developers but likelihood to happen will be low. I still cannot apprehend why developer would want to kamikaze or put a bullet into the head by risking the billion ringgit GDV. Why big boys from SG like capital land wants to JV with them in Danga Bay?
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nope i never say they kamikaze
but the question is are they going to make any effort from now to show they are serious they want to manage the retails?
what is their plan? do they have any team to start all this?

JV with them in DangaBay...what role Ekovest in this JV? only build? or to manage as well?
i bet u have been to ekovest hq...
what is their co headcount? do they have a special team in doing retail management? or are they going to start to hire from now..
tongue.gif

This post has been edited by TokyoBoy: Sep 23 2013, 10:02 PM
TokyoBoy
post Sep 23 2013, 10:07 PM

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QUOTE(CaptainCool @ Sep 23 2013, 10:04 PM)
Last I asked the SA they say is for own managing...thou I know many investors are all eyeing for them to sell out
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SA says thing dont believe all ...
remember this is ekovest

anything is possible
just like our boleh land

tomorrow they can tell u
is all sold to china investors!
TokyoBoy
post Sep 23 2013, 10:08 PM

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QUOTE(cheahcw2003 @ Sep 23 2013, 10:07 PM)
because he is based in Tokyo and he is still a BOY.
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smile.gif
TokyoBoy
post Sep 23 2013, 10:33 PM

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QUOTE(The Jedi @ Sep 23 2013, 10:30 PM)
Boss, thanks for the compliment but unfortunately i am not. On the other hand, i am silent fan of SARA.....hehe  brows.gif 

i do admired what Propcafe has written and shared. Very refreshing and less biased write ups. Another good informative source for property investors.  thumbup.gif
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smile.gif ahhh SARA ... whistling.gif
little brother got eyes dont know tarzan

gomenasai!

This post has been edited by TokyoBoy: Sep 23 2013, 10:35 PM
TokyoBoy
post Sep 23 2013, 10:44 PM

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QUOTE(The Jedi @ Sep 23 2013, 10:36 PM)
boss, you really look me up but i don't know him
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you dont know me nevermind taiko
i small potato nia
but most important i know u taiko notworthy.gif
TokyoBoy
post Sep 23 2013, 10:54 PM

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QUOTE(The Jedi @ Sep 23 2013, 10:50 PM)
taikor, i am just a small ciku and still learning from the hidden big bosses here.

i like your furious and straight talking posts. For once, i thought you and Donald Trump taikor are abang adik.  tongue.gif
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i where got so good life to be adik of DT kor ....
i just simply talk nia
so u got www this one bor hmm.gif
the so called propcafe propgurus mentioned this project is www

for me is whywhywhy biggrin.gif
TokyoBoy
post Sep 23 2013, 11:02 PM

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QUOTE(The Jedi @ Sep 23 2013, 10:59 PM)
to me is still waitwaitwait for part 3 coverage until my neck so long like giraffe liao  biggrin.gif
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for taiko like you no need wait for part 3 also know wat to do leh...
TokyoBoy
post Sep 23 2013, 11:27 PM

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QUOTE(superpigchan @ Sep 23 2013, 11:17 PM)
Do u where is the exact location?
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is here

Attached Image

http://www.taglobal.com.my/propertydev_mal...a_locations.htm


TokyoBoy
post Oct 15 2013, 12:06 AM

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QUOTE(Donald Trump @ Oct 14 2013, 08:48 PM)
No way they can handle 1500 unit at 1 go...only 300 units also got problem...after like another fuucckk up Empire
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DT kor.. i really like your mysterious appearance at this thread biggrin.gif
but we all know Empire really thumb down during VPed nevertheless the market there is quite liquid i heard smile.gif

but i do agree. this is a very high potential nightmare during VPed IF 1.5k at one shot
TokyoBoy
post Oct 15 2013, 12:14 AM

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QUOTE(The Jedi @ Oct 15 2013, 12:03 AM)
You are a risk averse person that goes for nearly risk free project but there is no perfect property today. It's good to identify and evaluate the risks in each project and then assess the future nett value against the cash you are putting in. Such nett value should cover both quantitative and qualitative to enable you to arrive at a balanced decision
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Master Jedi.. you are moving like a shadow like other taikos.
Out of my observation.. few taikos appeared on this thread and disappear in their shadow including DT boss.. chill to my spine hmm.gif

but i do agree with you most of the discussion is more to concern , potential disturbance and also imagination

I am quite surprised people reall drag lobaksan Or robatjai into for comparison to ekocheras.

dont know whether is a compliment or a comfort to ekocheras buyer



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