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Investment KL RIVER CITY | EKOTITIWANGSA | EKORIVER CENTRE, Highend mixed dev transform Jalan Pahang

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kenlaw72
post Jun 20 2015, 10:35 AM

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QUOTE(deschan100 @ Jun 20 2015, 10:06 AM)
Expensive...

Some more no MRT... for rental markets will lack of competition de ...

When MRT Line 1 getting ready in 2017, those condo not near MRT will very Rugi de
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But it got river garden and shopping center. Can use sentul lrt near by.
mthc
post Jun 20 2015, 10:45 AM

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Definitely not a BBB. 780 per sq ft for 825 sq ft in this area. To fetch 2.6k rental a month is utmost impossible. 3 years to completion. When I asked about the iconic 80 storey, they said not sure. Give or take 10 years to build the evokest tower, by the time it completes, ekodidi will be outdated as compared to kl river city future launches - mass incoming supply of condos.

Holding power of an average of 8 years. Rental of 2.5k average while you are holding.

I'm out.

This post has been edited by mthc: Jun 20 2015, 10:53 AM
PeriPeri2014
post Jun 20 2015, 11:00 AM

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QUOTE(mthc @ Jun 20 2015, 10:45 AM)
Definitely not a BBB. 780 per sq ft for 825 sq ft in this area. To fetch 2.6k rental a month is utmost impossible. 3 years to completion. When I asked about the iconic 80 storey, they said not sure. Give or take 10 years to build the evokest tower, by the time it completes, ekodidi will be outdated as compared to kl river city future launches - mass incoming supply of condos.

Holding power of an average of 8 years. Rental of 2.5k average while you are holding.

I'm out.
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good analysis tongue.gif tongue.gif

I no bullet.....out oso laugh.gif
m0n0p0ly
post Jun 20 2015, 11:03 AM

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QUOTE(Jagalat @ Jun 19 2015, 10:20 PM)
http://www.ekovest.com.my/properties_gateway.html
Per the original plan, EKV already spelt each section. So my interpretation is yes. I could be wrong.
In the video, EKV jv with MRCB but still taking a lead role.
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Great to see transforming for this part of KL!
m0n0p0ly
post Jun 20 2015, 11:05 AM

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QUOTE(mthc @ Jun 20 2015, 09:45 AM)
Definitely not a BBB. 780 per sq ft for 825 sq ft in this area. To fetch 2.6k rental a month is utmost impossible. 3 years to completion. When I asked about the iconic 80 storey, they said not sure. Give or take 10 years to build the evokest tower, by the time it completes, ekodidi will be outdated as compared to kl river city future launches - mass incoming supply of condos.

Holding power of an average of 8 years. Rental of 2.5k average while you are holding.

I'm out.
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They told me Vue Residence 500sft renting around 2k monthly now
mthc
post Jun 20 2015, 11:11 AM

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QUOTE(m0n0p0ly @ Jun 20 2015, 11:05 AM)
They told me Vue Residence 500sft renting around 2k monthly now
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Vue Residence is being rented for an average of Rm3 per sq ft. 2000sq ft is for bigger units like 700 sq ft. And as far as I am concern, I think it's really hard to get tenants for Vue too.

I really don't think it's possible to fetch good rentals for Ekodidi. 360 + 300 + 240 units. Good luck investors.
Jagalat
post Jun 20 2015, 11:13 AM

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Can anyone share the picture of booking status?
m0n0p0ly
post Jun 20 2015, 11:31 AM

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QUOTE(mthc @ Jun 20 2015, 10:11 AM)
Vue Residence is being rented for an average of Rm3 per sq ft. 2000sq ft is for bigger units like 700 sq ft. And as far as I am concern, I think it's really hard to get tenants for Vue too.

I really don't think it's possible to fetch good rentals for Ekodidi. 360 + 300 + 240 units. Good luck investors.
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Fully furnished for small unit can rent up to RM4psf? 4yrs time down the road, no one can predict it.
mthc
post Jun 20 2015, 11:43 AM

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QUOTE(m0n0p0ly @ Jun 20 2015, 11:31 AM)
Fully furnished for small unit can rent up to RM4psf? 4yrs time down the road, no one can predict it.
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For Ekodidi? 4psf? 3.2k? 😲😲😲

Klcc zone 1 price ady wey

This post has been edited by mthc: Jun 20 2015, 11:43 AM
m0n0p0ly
post Jun 20 2015, 12:13 PM

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QUOTE(mthc @ Jun 20 2015, 10:43 AM)
For Ekodidi? 4psf? 3.2k? 😲😲😲

Klcc zone 1 price ady wey
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4years later klCc zone 1 still 4psf? icon_idea.gif
mthc
post Jun 20 2015, 12:26 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 12:13 PM)
4years later klCc zone 1 still 4psf? icon_idea.gif
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Stagnant for 2 years ady lo brother
m0n0p0ly
post Jun 20 2015, 12:37 PM

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QUOTE(mthc @ Jun 20 2015, 11:26 AM)
Stagnant for 2 years ady lo brother
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Suddenly feel that cyberjaya very good rental rate, 3-4psf smile.gif
mthc
post Jun 20 2015, 12:49 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 12:37 PM)
Suddenly feel that cyberjaya very good rental rate, 3-4psf smile.gif
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You bought ekodidi?
m0n0p0ly
post Jun 20 2015, 01:02 PM

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QUOTE(mthc @ Jun 20 2015, 11:49 AM)
You bought ekodidi?
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http://www.thestar.com.my/Business/Busines...ondo/?style=biz

The star ask me look for this factors when want to buy condo smile.gif
mthc
post Jun 20 2015, 01:25 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 01:02 PM)
http://www.thestar.com.my/Business/Busines...ondo/?style=biz

The star ask me look for this factors when want to buy condo smile.gif
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Hahahahaa! Why didn't the star highlight on location, rental yield, future cap appreciation etc?

These 1 to 10 facts the star highlighted can be found in almost every new high rise projects now.
corleone74
post Jun 20 2015, 01:29 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 01:02 PM)
http://www.thestar.com.my/Business/Busines...ondo/?style=biz

The star ask me look for this factors when want to buy condo smile.gif
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A good read. I guess the writer just concentrate on qualities of a desirable condo and not location.
However, some of those factors cannot be ascertained for sure when buying off plan. Eg well lit corridor lobby condition of car park and etc. Even the kind of lift one will not know until VP!

This post has been edited by corleone74: Jun 20 2015, 01:29 PM
m0n0p0ly
post Jun 20 2015, 01:50 PM

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QUOTE(mthc @ Jun 20 2015, 12:25 PM)
Hahahahaa! Why didn't the star highlight on location, rental yield, future cap appreciation etc?

These 1 to 10 facts the star highlighted can be found in almost every new high rise projects now.
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Some new projects still lack of it
m0n0p0ly
post Jun 20 2015, 01:54 PM

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QUOTE(corleone74 @ Jun 20 2015, 12:29 PM)
A good read. I guess the writer just concentrate on qualities of a desirable condo and not location.
However, some of those factors cannot be ascertained for sure when buying off plan. Eg well lit corridor lobby condition of car park and etc. Even the kind of lift one will not know until VP!
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So when want to buy good subsale must let people earn some money loh..

From the way they construct duke2, can roughly guess how good is this developer..
corleone74
post Jun 20 2015, 02:17 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 01:54 PM)
So when want to buy good subsale must let people earn some money loh..

From the way they construct duke2, can roughly guess how good is this developer..
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Yes the article most apply for completed project and for own stay. Whatever it is location still king. I dunno abt how they construct Duke 2 . pls share ur opinion.
kenlaw72
post Jun 20 2015, 02:23 PM

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Just visit the show room. Very crowded. Min 600k for 820sf. Have a nice shopping center.the price consider a bit high at this area. More suitable for people than have holding power.

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