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

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mthc
post Jun 19 2015, 01:17 PM

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QUOTE(rainman19 @ Jun 18 2015, 03:16 PM)
one of the shareholder belong to our minister brother.  brows.gif
what make u think that they borrow from Ah Long???
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Related to the southern royalty too.
mthc
post Jun 19 2015, 07:50 PM

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Anyone gonna BBB tmr?
mthc
post Jun 20 2015, 12:03 AM

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Que up tonight??? 😦
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 Give or take 10 years to build the evokest tower, by the time it completes, ekodidi will be outdated as compared to kl river city future launches - mass incoming supply of condos.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
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.
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
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
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?
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.
mthc
post Jun 20 2015, 03:18 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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Haha bro.

How can u compare constructing a highway to building a huge mix development like this? You are comparing apples to oranges. They are all the while highway developers. DUKE is their main project since ages ago. They have 60 years remaining highway consession with DUKE. Now just started a property development arm.

How can u compare a highway contractor to a property developer lol! It's too early to tell if they are good property developers or not as they have no solid past track records on any mix developments like these. And kindly do take note that their main con is themselves, Ekovest Construction Sdn Bhd so there is no any past track records on property development.

It's really too soon to comment on their workmanship and delivery. But like most ppl put there, including yourself and myself believe that they may deliver a masterpiece. That explained why I was there so eager to purchase but dropped off because it doesn't fit in an investment speculation appetite. Cheers bro wink.gif

This post has been edited by mthc: Jun 20 2015, 03:18 PM
mthc
post Jun 20 2015, 03:27 PM

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QUOTE(kenlaw72 @ Jun 20 2015, 02:23 PM)
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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Yeah. Price is a little on the high side if you are purely just investing.

And we are talking about 8 to 10 years holding power (upon completion of the mall and iconic tower as these are the main attraction of this Ekodidi). And by the time u finally held it so tight and long, suddenly there are other more advanced and nicer residences by Ekovest and MRCB along KL River City.

mthc
post Jun 20 2015, 03:35 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 03:27 PM)
Must give people chance, dun make any comment before see and touch the real thing wink.gif  do you realize that many people can't found any good projects now? Expect too much or the development nowadays too lousy? Nothing is perfect, maybe you can found it, but sure premium price wink.gif
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Haha. Well a majority of us purchase properties based on developer's past track record and not blindly dumping in hundred of thousands of hard earn money which we loaned from the bank just because we are purchasing by giving ppl chances. And bare in mind if u do loan from the bank, the property doesn't belong to u, it belongs to the bank until u pays off.

Well.. this is a premium price in this area already.

Congratulations if you have bought it. Haha!
mthc
post Jun 20 2015, 07:46 PM

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QUOTE(m0n0p0ly @ Jun 20 2015, 05:14 PM)
I am not sales agent, same like you, the person who look for good deal. I believe everyone have their own recipe to play the games, but don't make any conclusion before start the game smile.gif
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There you have it. It's a free world. You have yr fantastic thoughts, so do others here with their kind opinions towards this marvellous project you bought. Cheers smile.gif

This post has been edited by mthc: Jun 20 2015, 07:46 PM
mthc
post Jun 20 2015, 09:19 PM

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QUOTE(DisneyHome @ Jun 20 2015, 08:47 PM)
The price damn crazy

Today I went to sale office & check the pricing

The range of selling price whereby facing KLCC & KL River City Direction, around RM 800 ~ RM 860 psf after 5% rebate, also come with partial furnishings of 3/4 air-cond, kitchen cabinet with hob & hoop

For those 1000 sq ft & below only provided 1 car park lot, only above 100 sq ft only can provide 2 car park lot

I was wondering how to appreciate the value in 5 years down the road, so the SA told me that this area will be coming tourism place like KLCC centre & very potential for future earnings

I was also curious to think based on the surrounding existing amenities & building, how tough to revamp this area along the KL River

I still can recall Binastra Group also launched the Luxury Condo 4th quarter of last year, called The Reach @ Titiwangsa, started the price about RM 530 psf. At that time most purchaser also feel a bit high side of pricing but almost sold out as per today

So I further check again surrounding pricing of this area, even though until close to Wangsa Maju side, I also can't convince myself to commit this so call " Future City of Tourism" project

http://www.iproperty.com.my/property/searc...=&ft=&sby=&ns=1

Maybe I lack of experience & not the property expert, hope that some experienced Valuers or Big Big Bosses of Developers can furnish some property information about this project
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You don't have to be experienced or be sone sort of property guru to analyse this project here. All you need is some common sense. Everything you said above is very true abt this project. Thumbs up 😉
mthc
post Jun 27 2015, 11:48 PM

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QUOTE(ryan@chua @ Jun 27 2015, 08:55 PM)
Very dangerous is those property gurus , group admins keep promoting this and that to people, maybe have some referral fees as mentioned in another thread.
Tropicana, ekotiti, bk jalil rev.0, the park resi, etc... alot
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All the property gurus seriously can talk until a shit turns into a gold bar. High class property salesman/agents. Did any gurus promote ekodidi?

This post has been edited by mthc: Jun 27 2015, 11:48 PM
mthc
post Jun 29 2017, 08:08 PM

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QUOTE(icemanfx @ Jun 12 2017, 11:59 PM)
Is ekotitiwangsa excluded from napic statistics?
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Why u so defensive wey?

 

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