I'm definitely for investment, I'm not that optimistic on the rental yield, coz there are lots of units there, but anything above 3% + capital appreciation is good for me .

It's hard to compare ekocheras n midfield. The way I see it is EkoCheras is more for investment, midfield is more for family own stay. Can't say which one is better coz they are different. Depending on what you want.

Property expert described ekocheras as the dragon of cheras!

Wait n see, the price will be even higher in the future!

Check this out :
http://propcafe.net/?s=Ekocheras&submit=Search

EkoCheras @ Nanyang Property Fair 2013 – Unleashed The Tail of the Dragon (Tower E Service Apartment) by Ekovest 5

17 Sep 2013 | Property Tags:cheras · EkoCheras · Ekovest

If I would put the whole EkoCheras project analogous to a Dragon – The Dragon of Cheras , I would say Block J& H SoHo is the Head of the dragon and the Tower E Service Apartment is the Tail of the Dragon. You don’t have to agree with me because this is solely my personal opinion.

EkoCheras - The New Emerging Dragon of Cheras
EkoCheras – The New Emerging Dragon of Cheras
So finally, Ekovest did unleash Tower E Service Apartment of EkoCheras on Friday 13 Sept just as per what had been shared over PropCafe.Net Facebook about the possibility of Ekovest releasing EkoCheras Block E Service @ Nanyang Property Fair 2013 at Sunway Convention Hall 13 – 15 Sept.

Honestly speaking, after the BBB party at Ekovest last week Saturday, I have yet to recovered from the post BBB syndrome and the “Finger’s KungFu” incident during the VIP prview of Block J and H SoHo of EkoCheras at Ekovest’s office. Believe me not as I am still traumatized by;

first – the crazy market force and interest towards this EkoCheras and

second – the duration of time of finger on the sales chart.

I am kinda want to suggest to organize a finger pointing competition , no pun intended.

I am very curious what will be the response of EkoCheras during these few days Nanyang Property Fair 2013 at Sunway Convention Hall and at the same, took this opportunity to look around and see if there is any interest projects which caught me off guard.

Before all the plan visit to Nanyang Property Fair, my source called me up on Friday 13th Sept 2013 (1st day of Nanyang Property Exhibition) and told me “Hey you know what, your infamous “finger “ story is back just like the Empire Strikes Back but this time is “fingerS” instead of finger and the crowd really show some of their kungfu and martial art skill.

Fingers are everywhere on the sales chart and those standing behind barely can even see what is written on the sales chart and other exhibitors just able to stand aside and watched from the sideline with either surprised, agony or envy. What I am trying to say is ONLY those project which is extremely Hot and High demand will require you to do extraordinary action to secure a unit .

I was told that the developer only started to display the Block E sales chart during the noon time, and the moment it was displayed, the crowd got very excited and behaved quite “strangely”. How strange? I asked the same question too. My friend answer was “Have you seen before how those people who haven’t been eating for a week and very hungry and suddenly there is a loaf of bread hanging in front of them!” It was a bit messy and quite rowdy but fortunately there wasn’t any ugly scene.

At least now I know some project can really stimulate the buyer’s adrenaline to become a “Hulk”. It is worrying isn’t it?

During the Nanyang Property Fair 2013, as far as I can observe on Saturday, no doubt Ekovest booth is the most popular booth with their EkoCheras project. Besides that, their booth is the only booth which come with Visual and Sound effect . At the background of the EkoCheras scale model, a big display which playing EkoCheras’s video clip and I am really quite impressed by the movie clip personally. It was my first time seeing the clip and the sound effect (Can anyone guess which soundtrack being used in the EkoCheras video clip ) of the clip really help a lot in provoking the “BBB” mode to the next level of “WWW*” atmosphere in my opinion which I failed to see other developer doing the same thing! To my surprise, most of other exhibitors only came with scale model, pictures, posters, and brochures but mostly all are visual aid tools.

Just in case if you are wondering what is the meaning of “WWW” by PropCafe.Net definition :

*WWW : Acronyms of Whack Whack Whack – The next higher level after BBB : Buy Buy Buy

Ekovest might be look “like” a bit of “unorganized” in handling the sales during the launch of EkoCheras but come to think a bit deeper. ….

Just for a moment of thought, is it really that Ekovest was unorganised or was it intentionally?

Hmmmm…. commoner like me will never understand how a business world really works.

Let’s see how will Ekovest team handles the rest of the block! and hope they improve and learn from the experience gained from their launch of Tower H.J & E.

The remaining block will be the retails lot and the commercial shop lots (as of now status of the commercial shop lots whether will be self managed or for sales still yet to be decided) , the last tower of service apartment “Tower N” and also Tower A reserved for hotel and showroom.

It will be interesting to see the pricing of Tower N service apartment! The launching date of tower N yet unknown and we forecast it will be scheduled for 2014….so stay tuned!

That’s all for now my hero and heroin, coming next will be the full detail review of EkoCheras – The Dragon of Cheras!

Before I pen off, PropCafe.Net would like to wish all Malaysian Happy Hari Malaysia and hope our country Malaysia will continue to grow and proper as we always believe Unity and Harmony is the key to Prosperity.


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Wow... EkoCheras Jiak beh liao!!

Getting tougher n tougher for investor!

True, in this case choosing dibs might have been a better choice.

Cool

Once the mall is confirmed, will the authority still consider soho sitting on a mall a residential property?

So can we say that if the owner is not registered for GST then the tenant will not be charge GST regardless of whether is use for commercial or not?

Market is quiet, now no more BBB, DDMB, WWW, kind of project. The chi is not there, I missed the good old days....

Agreed. Also make sure be loaded when the market crashed.

Pretty good deal you have there!

I hate to be pessimistic, but I think 2017 when most new projects go vp, there will be a major test on holding power! Ekocheras n other mrt related properties I'm not so worry, but other location really good luck to the owners.

Holding power is the key!

Yeah!!

Blk e is a more peaceful blk, very tempting....

Looking back these past few years, new launches peaked out in 2012-2013. Most of them will vp on or before 2017. With such poor sentiment, cooling measure n loan tightening, Developers also hesitate to launch new project now.

Yes I shall continue to be pessimistic about property market until government loosen on cooling measure n bank ease on loan approval.

This post has been edited by neonikson1: May 15 2014, 09:58 PM

We have had a good 5 years, probably is the consolidation period for next 5 years. Hopefully by year 2020 will be the start of good cycle again.

This post has been edited by neonikson1: May 15 2014, 10:00 PM