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Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
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restful increase
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Dec 10 2013, 11:02 PM
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QUOTE(mybenz @ Dec 10 2013, 10:20 PM) rest gor u mean ekovest hired ONE guy?  this guy do what one? consultant or mall operator? need a more powerful retail consultant and mall operator to pull the right tenants. have they engaged the talk with this grp which is more important imho kekeke  As far as I know they hired a specialist n his team on the tenancy mix n to pull in those tenants 2 d mall.
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restful increase
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Dec 10 2013, 11:11 PM
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QUOTE(soon9913 @ Dec 10 2013, 10:15 PM) Wah.. Restful gor- U really good to share the first hand news. Thx. Between 10 cineplex halls is confirmed...? The mall n the hotel which replaces block N n the 10 cineplexes r only at proposal stage. Nothing has been approved yet. The developer is redrawing their plans n will b submitting 2 dbkl 4 approval. At this point they hv yet 2 submit. If they get approval, they will scrap block N. If ekohotel does not get approved, block N will remain and will b launched.
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restful increase
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Dec 11 2013, 11:00 AM
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QUOTE(soon9913 @ Dec 11 2013, 09:32 AM) bro, there will be 2 hotel if tower N converts to hotel ? As per initial plan, there is already one hotel which near to the MRT station. The 14 storey building nearest to d MRT station will become an office tower commanding 150,000 sq ft lettable office space. It is also a green index building.
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restful increase
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Dec 11 2013, 11:07 AM
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QUOTE(mybenz @ Dec 11 2013, 09:32 AM) You have ZERO bargaining power mate. either u take it or leave it . You signed OTP only LOL read again your OTP carefully. Furthermore ekovest is paying for d legal fee for ur S&P, so can be rest assured the lawyer who drafted the S&P is only interested to protect the developer's legal rights and not your rights.
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restful increase
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Dec 11 2013, 02:49 PM
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U can call 0194133930 michelle. She is the agent of those flippers who wants to drop out b4 signing S&P. According to her premium of rm20k applies. Pls sms or call her for more details..
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restful increase
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Dec 12 2013, 09:37 AM
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QUOTE(Alvelyn @ Dec 11 2013, 09:43 PM) U sound like joe wong head of sale. Meaningless to promote flipper asking huge premium. Walk away better than paying 20k. Block J rm20k premium still ok. Block H price has increased by almost 5%. This makes block J which earlier enjoyed 5% discount fr block H looks resonably priced despite the rm20k cash undercounter money. I m not d SA for this undercounter nor do I condone it. I am just assessing it fr d economic standpoint.
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restful increase
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Dec 12 2013, 04:42 PM
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With uncertainties surrounding ekomall, ekohotel n their architects back 2 the drawing board, I dont think the construction is going 2 start so soon.
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restful increase
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Dec 14 2013, 01:12 PM
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QUOTE(mybenz @ Dec 14 2013, 01:01 AM) Restful boss any more news or not? Will give more updates on d progress when I sign my S&P next week.
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restful increase
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Dec 15 2013, 07:50 PM
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Yes its either 7% discount or dibs. But dibs no more offered next yr. So u got 2 more weeks 2 decide.
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Dec 15 2013, 07:54 PM
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QUOTE(CMW123 @ Dec 15 2013, 06:03 PM) Around RM550k to 600k for 625 sf. Not many people selling due to very easy to get tenants at around RM2500 for fully furnished Mall is so so but F&B doing ok The resi units above tropicana city mall r leasehold right? Some more LRT is quite far away. Since VP price has appreciated at least 250%..think ekocheras can do better as it has linked bridge to lrt n also freehold.
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restful increase
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Dec 16 2013, 02:04 AM
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Us WOTP a BBB project?
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restful increase
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Dec 16 2013, 03:53 PM
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Dont b overwhelm with feng sui..the mrt n mall will over ride it..
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restful increase
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Dec 17 2013, 01:25 AM
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QUOTE(neonikson1 @ Dec 17 2013, 01:05 AM) Thr r thousands of condo n apartment units coming onstream by 3rd n 4th quarter 2014. VP will be given to investors n speculators alike for doz thousands of residential highrise units. These units all enjoyed 90% financing during the heydays whr banks still loan u 90% LTV for ur 10th property. Many units were bought were with v little equity as developers gave 7 to 10% rebates with DIBS. Once these units r given VP n full mortgage installments kick in the many speculators r not able to hold on as they dont hv d cashflow 2 do so. U will see many units "dumped" below mrk value to clear their stocks in d face of potential mortgage defaults & bankcruptcy. Question is how fast can the mrk absorb all these thousands of units dumped by the speculators end of next year?
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restful increase
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Dec 17 2013, 01:38 AM
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When blk N gets converted 2 hotel thr will b a grand n big entrance 4 hotel guest to enter ekohotel via jln cheras thru a road running thru the mall In between block j & h. Visitors will see big signages on eko hotel fr the jln cheras main road. So though hotel is hidden signages are bug n clear along jln cheras in front of d project..
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restful increase
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Dec 18 2013, 01:36 PM
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QUOTE(Jagalat @ Dec 17 2013, 12:43 PM) Hello Restful boss, would you like to share which area or project has significant "dumped" units? Thx Its cimb credit view..we will c the outcome of this next year..when the supply of soho n studios flood d mrk.
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Dec 18 2013, 11:34 PM
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QUOTE(tangibee @ Dec 18 2013, 08:21 PM) I cant recall all the feebies they promised: 1) Hood and Hob 2) Kitchen cabinet 3) Aircon for living and master room 4) Curtain? (did i heard wrong) 5) Heater? centralised? 6) ? U didnt asked 4 letter fr d developer on all their freebies? They hv prepared a ltr. If u asked 4 the written ltr, they will give u a copy of it.
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restful increase
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Dec 19 2013, 09:56 AM
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Visited leisure mall which is oppossite ekocheras during weekend. Noticed quite a lot of people in d mall. When d 1.2m eko mall is up & running sure will attract lots of people ..
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restful increase
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Dec 19 2013, 03:20 PM
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QUOTE(Jagalat @ Dec 19 2013, 02:51 PM) Opps...I forgot to take a photo of the available units yesterday... Txs jagalat-kor for takinh effort 2 upload the ekocheras plans.
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restful increase
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Dec 19 2013, 03:23 PM
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QUOTE(neonikson1 @ Dec 19 2013, 12:27 PM) Will there be a link covered bridge between leisure mall n ekocheras? Thr will not b a link bridge fr mrt to leisure mall. Ekovest will not build that link bridge. Ekovest only built link bridge fr ekocheras project to the mrt.
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restful increase
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Dec 19 2013, 10:50 PM
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Pedestrian only..
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