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Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
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ecin
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Jan 14 2014, 07:06 PM
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QUOTE(AMINT @ Jan 14 2014, 12:46 AM) Oh, i can sell back to non-bumi? So meaning this is just bumi discounted unit and not bumi unit? I will be back in kl soon and wanna check it out. It should be like very most of Freehold properties, but yeah best still you double confirm with developer side on the title status .. have a safe trip This post has been edited by ecin: Jan 14 2014, 07:07 PM
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ecin
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Jan 14 2014, 07:09 PM
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QUOTE(BEANCOUNTER @ Jan 14 2014, 02:00 AM) Fh project lah...mana ada bumi units punya!!!! no kidding, just for sharing, I've seen FH prop in KD and Cheras failed even in this kind of case: non-bumi -> bumi -> non-bumi (failed)
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Garmin_GPS
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Jan 14 2014, 09:48 PM
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Sorry if noob question The build up 765 sf is counted for both up and down stair?
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Jagalat
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Jan 14 2014, 10:00 PM
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QUOTE(Garmin_GPS @ Jan 14 2014, 10:48 PM) Sorry if noob question The build up 765 sf is counted for both up and down stair? Yes
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Jagalat
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Jan 14 2014, 10:02 PM
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Should be 762 sqft in stead of 765 sqft
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AMINT
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Jan 14 2014, 11:32 PM
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QUOTE(Jagalat @ Jan 14 2014, 10:30 AM) Mind to share your requirements for small units? Size? High or low floor? Block? What is available for bumis?
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xyyap
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Jan 15 2014, 08:58 AM
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Nov 2013:
Eko Cheras @ Cheras: 2013, Cheras, 762+ sqft, 600+ psf, price 500k+
Pro: Cheras landmark, 100m from MRT, 300m from Leisure Mall, 12 acres freehold mix development, small unit lower entry, 10 + 9 feet duplex SOHO.
Cons: 48 months VP, 2 SOHO 1000 units + 2 Service Apartment 800 units, small unit 1 bedder + 1 shower + 1 carpark.
Sales package: 5% discount (Block J SOHO only), opt out DIBS another 7% discount, 90% sold.
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restful increase
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Jan 15 2014, 09:41 AM
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QUOTE(xyyap @ Jan 15 2014, 08:58 AM) Nov 2013: Eko Cheras @ Cheras: 2013, Cheras, 762+ sqft, 600+ psf, price 500k+ Pro: Cheras landmark, 100m from MRT, 300m from Leisure Mall, 12 acres freehold mix development, small unit lower entry, 10 + 9 feet duplex SOHO. Cons: 48 months VP, 2 SOHO 1000 units + 2 Service Apartment 800 units, small unit 1 bedder + 1 shower + 1 carpark. Sales package: 5% discount (Block J SOHO only), opt out DIBS another 7% discount, 90% soldl If DBKLl approves, block N (4th block) will converted into a 4 star hotel. When this happens 316 units fr block N will b removed fr d sale list, hence reducing residential units by circa 20%. This explains why d developer remove their 7% discount fr their non dibs package.
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xyyap
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Jan 15 2014, 10:14 AM
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Vested. 3% higher than Sep 2013 (Developer release & premium price). My only Wish: If the Mall will materialise, CapitaMall Asia coming... Google "Bedok Residence & Bedok Mall"... Our unit
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Jagalat
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Jan 15 2014, 11:38 AM
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QUOTE(xyyap @ Jan 15 2014, 11:14 AM) Vested. 3% higher than Sep 2013 (Developer release & premium price). My only Wish: If the Mall will materialise, CapitaMall Asia coming... Google "Bedok Residence & Bedok Mall"... Our unit Congratz..Would you like to to reveal which block and floor? Thx
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Jagalat
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Jan 15 2014, 11:46 AM
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Pls share if there is a link that spells CapitaMall Asia is coming to Cheras? For the nearest area to Cheras, they already have a mall at the Mines...
This post has been edited by Jagalat: Jan 15 2014, 11:48 AM
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CMW123
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Jan 15 2014, 12:32 PM
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QUOTE(xyyap @ Jan 15 2014, 10:14 AM) Vested. 3% higher than Sep 2013 (Developer release & premium price). My only Wish: If the Mall will materialise, CapitaMall Asia coming... Google "Bedok Residence & Bedok Mall"... Our unit
Congrats and welcome aboard, bro Which block and size?
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Jagalat
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Jan 15 2014, 03:22 PM
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QUOTE(AMINT @ Jan 15 2014, 12:32 AM) What is available for bumis? The bumi available units are with a yellow sticker pasted on it (as mentioned by ecin boss). In general, a booked bumi unit is indicated with a red sticker pasted ON TOP of a yellow sticker. However, there is a slight chance that a red sticker may fall off (as seen in a thread early this week). Pls visit the sales office once returned to KL. Good luck.
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Alvelyn
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Jan 15 2014, 10:15 PM
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Getting Started

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QUOTE(restful increase @ Jan 15 2014, 09:41 AM) If DBKLl approves, block N (4th block) will converted into a 4 star hotel. When this happens 316 units fr block N will b removed fr d sale list, hence reducing residential units by circa 20%. This explains why d developer remove their 7% discount fr their non dibs package. Convert to hotel make better profit?
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CMW123
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Jan 15 2014, 10:23 PM
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QUOTE(Alvelyn @ Jan 15 2014, 10:15 PM) Convert to hotel make better profit? Long term recurring profit versus one off profit... Are u vested here?
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neonikson1
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Jan 16 2014, 07:56 AM
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The model needs to change once mall is approved. I wonder how it would look like.
This post has been edited by neonikson1: Jan 16 2014, 07:59 AM
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ecin
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Jan 16 2014, 11:01 AM
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QUOTE(Alvelyn @ Jan 15 2014, 10:15 PM) Convert to hotel make better profit? they plan to public listing REIT in the future
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Jagalat
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Jan 16 2014, 01:53 PM
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QUOTE(ecin @ Jan 16 2014, 12:01 PM) they plan to public listing REIT in the future Hello ecin boss, You mean real estate investment trust by Ekovest/Prompt Capital? Pls elaborate more if possible. Thx a lot.
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ecin
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Jan 16 2014, 03:06 PM
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QUOTE(Jagalat @ Jan 16 2014, 01:53 PM) Hello ecin boss, You mean real estate investment trust by Ekovest/Prompt Capital? Pls elaborate more if possible. Thx a lot. Yeah, that's their long-term target, so have to start accumulate
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neonikson1
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Jan 16 2014, 04:09 PM
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QUOTE(ecin @ Jan 16 2014, 03:06 PM) Yeah, that's their long-term target, so have to start accumulate It Make sense to REIT it If they can get rental profit. we as investor can also be benefited from it, no need to buy the whole unit, just buy a few shares n take dividend. When the IPO is about to launch please inform all ekocheras kaki Ya!
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