Most important is did they make money or not? was there a risk of abandonment or not?

You base your opinion on lack of positive reviews? Very subjective leh. Over the years, I have heard of so many stories of lousy devolopers and lousy workmanship but still at the end of the day, those developments inevitably sort themselves out and in the end, nothing major happens. By that I mean, every development also make money, fully occupied etc etc. Most of those who complained about a development either 1) they missed the boats launched by the developer 2) they sold already(made money very sure but missed out more). Are your friends under those categories?

By the way, what were their specific complaints about those developments by TMS?

This post has been edited by Martinis: Feb 6 2014, 11:56 AM

SP setia can reverse split and achieve rm100 also. Looking at share price alone meaningless. So many people do not understand this. What I mean was the valuation/market cap.

i think same goes to Alan Tong who set up Sunrise, then left sunrise and open a new company bukit kiara properties...


bukit kiara properties might not as huge as Sunrise UEM now, but still a very reliable developer who produce top notch product and still have lots of die hard fans follow Alan Tong...

I think in future, sps and ecoworld will still survive well both together in property industry..

sps with the support from goverment, can launch huge project with the easy get approval from goverment to built all those infrastructure such as highway, direct link. fly over bridge...


ecoworld will also survive good as well by offering good quality elite product..project might no as big as like sps, but good in quality and service ....

just my 2 cent...

This post has been edited by doomdoom: Feb 6 2014, 11:57 AM

Of course track records are important. Recognising track record and giving full credit before credit is due are 2 different things.

Anyway, Happy CNY to all out there!!
Huat ah!!

Let's get back to Lakeville. Good to see we agree to disagree without much heat. That should be the way.

Vested interest in PR2. Some minor touch ups during VP but generally its quite well done.

Ok ok...straight to the point. If Lakeville is the same price or 10%lower than Ecosky, which one will you buy. What is your threshold for Lakeville price before you choose it over Ecosky? For me, I will only buy Lakeville if it is priced more than 15% cheaper than Ecosky, with similar things given like kitchen cabinet, appliances, car park etc.

Have to wait and see their launching price....

ya... that's more like it.
but other considerations should be given as well.

previously, many did not have much chance to grab their choice units in ecoworld, hence if lakeville offers purchasers to choose from all their available units, it's an advantage.
eco has more or less sold off 2/3 of their products liao. lakeville offers 2000 units up for grabs.

pricing wise, comparing with eco, i would do something like the following:
eco price at say RM700psf
+5% for location
-15% for land status
-10% for density
+10% for facade
-10% for branding
-5% for concept

so in theory, net net and assuming all others being equal (say freebies and package and discounts), -25% for lake to be on equal footing with eco (this is purely imho and for discussion's sake only).

others might adjust the premium differently from me.
any other factors?

Question....would the incinerator issue which was discussed at length in ecoworld thread be an issue here also?

Yep, yep, we were arguing for argument's sake. Huat ah!

out of sight, out of mind.

if it really pose a problem to ecosky in the first place. imagine those within closer proximity to the incinerator. if ecosky IS affected, it probably means a gigantic radius of development all the way from Hospital Selayang, till ecosky till kepong town itself is also affected.
i am not too worried about it.

locationwise, the proposed incinerator is somewhat 1.8km away from ecosky. and it is a further 0.6km from lakeville.
what are the chances that incinerator only affects up to maximum of 2km radius?
beats me!

given that at present, the smell is a confirmed issue versus a potential incinerator problem in the future, i would evaluate present parameters.
of course, i would be a fool too to ignore the potential removal of the smell problem and presence of the incinerator to reverse my evaluation.
hence to each their own!


Attached thumbnail(s)

Wow you lagi terror 25%. If Ecosky is RM640psf meaning Lakeville has to be RM480psf or lower before you whack. I am on your side bro praying hard that in the year of 馬，馬星is as generous as you hope. Anyway, will see soon after preview. Gong Xi Tua Fa Cai!

I like your out of sight, out of mind concept. Going to smell issue, is the pond smelly at present? I winded down my window when i drove past and couldnt smell anything

But u will be able to hav 'fresh air' at kipark for sure. This 'fresh air' is because of the waste transfer station.
For those cant imagine, if got time just drive 1 time to kepong FRIM from jln kuching using MRR2. 9 O clock turn at big roundabout at batu cave. Must roll down ur car window.

This post has been edited by godlikexioo: Feb 6 2014, 06:02 PM

Yes...i stay in taman residensi. Occassional, usually evenings or early morning. The inner one, laman residensi would be the worst hit. Most of the new bungalows are still vacant, going for RM2.3 million....

Really, I also just visited my relative at laman reaidensi 'link semi D' this CNY. But they told me nothing. Close all windows n doors also got strong smell. Beh Tahan ah.

During 2009-2012, anyone who closed their eyes and BBB any props ranging from low cost to high end props would've made decently as well. Question is would this continue looking at the softening of mkt moving forward? Hence the product and also pricing has to be even more important now. TMS's product has been mediocre-ly ok but pricing-wise...that's a diff story. I did say in my post earlier that abandonment wouldnt be much of a risk for this project, didnt I?

Of course for developers like Monoland, buyers are not complaining as the props are always sold at a lower price compared to the market. Heck, I would probably be vesting in Lakeville too with nothing to complain about if its below RM500psf. Don't think complaints made against TMS would be from those who missed any boats as unfortunately, I've nv come across any BBB/WWW scenes for TMS's projects apart from Savanna @ Southville City, which end product is still yet to be seen (btw, my friends are own-stayers)

If I didnt remember wrongly, one of the gripes i remembered him ranting was that even until now, there's still no phone nor unifi in Perdana Residence as TMS did not construct the infra for TM to lay cables in and TM is not willing to pay for the cost obviously. As for Garden Residence...the clubhouse is yet to be ready as promised after eons. U can read the respective thread for comments on the build quality. Can't help it if certain parties refuse to accept objectivity and blame it on lack of positive reviews instead