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 EcoSky, KL by EcoWorld, Retail : Office : Residence

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1ullaby
post Sep 10 2013, 02:31 PM

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QUOTE(ryanryan @ Sep 10 2013, 02:28 PM)
650 psf in taman wahyu area, over-priced?
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YES !!! oops
1ullaby
post Sep 11 2013, 03:35 PM

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At 650psf for this project, even if the old SP Setia is doing it, or Tan & Tan is doing it, I also tak mau
1ullaby
post Sep 16 2013, 02:53 PM

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QUOTE(tengster @ Sep 16 2013, 01:36 PM)
As of now, they forecast 40cent but they are working on trimming it.
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Boss, so you will be betting on this project base on project concept alone?
It's pretty pricey for the location and the surroundings. What will be the catalyst to achieve say 800 or 900psf later?
This project be it's own catalyst?
1ullaby
post Sep 16 2013, 04:52 PM

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QUOTE(tengster @ Sep 16 2013, 04:33 PM)
The overall concept and their willingness to make it work impressed me and got me SOLD thought have so much critics on location and FH/LH status.

Having said all the above, need to go see the show units and see finals details on Sunday to make a better judgement.

What are the catalysts?..... A successful place with office retail and nice service apartment plus this location is not far from Matta Trade Centre....with sight option of using kommuter. kommuter saptation is located about 400 meter away. Covered walkway from ES to the station. Walking timeis about 5-6 minutes...
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Maybe, it could do a DPC by having a superb concept in the middle of nowhere (at the time it's launched) and gain a following

But the difference with DPC is that this land size has it limits and whether it has the ability to command a hugh premium over surroundings by its own, I think it would be a first for a high rise led project then (barring the very expensive Kiara East as companion)

Perhaps this project will spark a revival of sorts around here

This post has been edited by 1ullaby: Sep 16 2013, 04:53 PM
1ullaby
post Sep 22 2013, 04:26 PM

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QUOTE(kochin @ Sep 22 2013, 04:03 PM)
Sama sama lah.
Eg. Non dibs project, people need to sell approx 30% higher to cover other ancillary costs.
Dibs project, people can accept lower margin as they only pay the first 10% and nothing else.

But what I was trying to illustrate was a apple to apple comparison.
If sbc have dibs, then we should mark back up Eco puny a pricing. Then compared furnishing, then compare timeline, etc.
it is a bit complicated but I tend to study these and try to stripped it raw to compare apple to apple.
But boss, you miss one very important detail. All the others are leasehold. This factor alone is the BOMB! Another 30% margin?  whistling.gif

Having said all that I do acknowledge absolute price is detrimental as well. But with high price point, you would get better residents so to speak.

Anyway,done and dusted. Time will tell. As I'd said. Not great but above average. It should do for now.
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I have the same feeling, its not great but its above average.

Then again for the past 2 years I never had a great feeling about anything anyway.
For any projects that I felt it's above average, it had occured to me that it would turn out to be a good buy in hindsight.
Maybe above average is the great buy now, must adjust parameters.
So point is, maybe this project just may turn out to prove me wrong again and haunt me.

Shared the same sentiment as Donald Trump boss, felt great for LKS, a finger up to the greedy people who telan
SPS laugh.gif
1ullaby
post Sep 22 2013, 04:28 PM

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QUOTE(kochin @ Sep 22 2013, 03:41 PM)
Ballpark figure. Really need so detail meh?
Was told it comes with fridge microwave storage heater hood and hob top and base cabinet shower glass panel grilles too.
Almost fully furnished.
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Big unit got island unit lagi. Song ka liao

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