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Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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neonikson1
post Feb 10 2014, 07:42 AM

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QUOTE(BEANCOUNTER @ Feb 10 2014, 07:13 AM)
Ekorjuilai, dun know how old r u but i can never understand and/or underestimate gen x for their financial capability.....
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This has been the biggest question mark I have. Are cheras residence willing to pay rm2500 for a 762sf duplex soho?
restful increase
post Feb 10 2014, 09:21 AM

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I visited a mall in Cheras called 1 Shamelin mall during last weekend. It is a dead mall with hardly any retailers inside. I sure hope Ekomall will do better than this.
neonikson1
post Feb 10 2014, 09:56 AM

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Shamelin mall, sounds familiar, near maluri behind pgrm right? Is that a mixed development as well?
neonikson1
post Feb 10 2014, 10:03 AM

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QUOTE(neonikson1 @ Feb 10 2014, 07:42 AM)
This has been the biggest question mark I have. Are cheras residence willing to pay rm2500 for a 762sf duplex soho?
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Of course If someone is using it as office cum residence then rm2500 is reasonable.
casadida
post Feb 10 2014, 10:20 AM

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QUOTE(neonikson1 @ Feb 10 2014, 10:03 AM)
Of course If someone is using it as office cum residence then rm2500 is reasonable.
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what i meant is eg. Foreign workers? ?

casadida
post Feb 10 2014, 10:25 AM

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QUOTE(soon9913 @ Feb 10 2014, 12:29 AM)
What is your budget n do u plan to get one....?
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My budget is around 850k. Will definitely aim 2 rooms and above. 1 br not considered.

There r no more discount n no more dibs.

Would like to buy for investment or own stay cos of transportation access.

However anyone buying now we can consolidate and we can nego for some discounts if possible.



Jagalat
post Feb 10 2014, 10:37 AM

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QUOTE(restful increase @ Feb 9 2014, 09:39 PM)
Congrats Jagalat, ur stars hv grown fr 2 stard to 3 stars. Keep up d correspo dence pace. U will achieve max 7 stars by next year..
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Thank you restful boss.
Learning from all bosses/taikors/experts is my objective.
(You have a better pace notworthy.gif )

So, do you have any latest insider info to share?

Jagalat
post Feb 10 2014, 10:49 AM

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QUOTE(casadida @ Feb 10 2014, 11:25 AM)
My budget is around 850k. Will definitely aim 2 rooms and above. 1 br not considered.

There r no more discount n no more dibs.

Would like to buy for investment or own stay cos of transportation access.

However anyone buying now we can consolidate and we can nego for some discounts if possible.
*
It seems that E-05-05 (RM 795k) meeting your requirements (if it is not sold)
(1) Lowest density floor of all the 3 Ekocheras blocks. Total 7 units of the floor
(2) KL facing. Can see KLCC if the view is not obstructed by the slope to Tmn Billion
(3) Away from noise. Furthest unit from MRT rail.
(4) Partial facing green. There is a convent/church with nice green field to the left.
(5) Walking access to the mall. Just 3 levels away from Level2.


BTW, I am not an agent of any bank nor real estate company

This post has been edited by Jagalat: Feb 10 2014, 10:58 AM
cwhong
post Feb 10 2014, 10:50 AM

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QUOTE(restful increase @ Feb 10 2014, 09:21 AM)
I visited a mall in Cheras called 1 Shamelin mall during last weekend. It is a dead mall with hardly any retailers inside. I sure hope Ekomall will do better than this.
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imho, mall which the retails lots were sold to public investors tend not to survive pass the first 5 yrs ...... as we have few malls examples like that before already ..... e.g ViVa (previously x'tra), Hatten square (Melaka), Sg. Wang (but this is an exceptional example) because the management lose the rights to filter / choose the tenants in the mall hence the management of the malls is not efficient .......
neonikson1
post Feb 10 2014, 12:06 PM

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Endah parade to add to the list. This mall has been completely ruin by all the low end massage places.
neonikson1
post Feb 10 2014, 12:07 PM

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Luckily ekomall's units are not for sell! hope the developer keep it this way permanently.
neonikson1
post Feb 10 2014, 12:09 PM

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QUOTE(Jagalat @ Feb 10 2014, 10:49 AM)
It seems that E-05-05 (RM 795k) meeting your requirements (if it is not sold)
(1) Lowest density floor of all the 3 Ekocheras blocks. Total 7 units of the floor
(2) KL facing. Can see KLCC if the view is not obstructed by the slope to Tmn Billion
(3) Away from noise. Furthest unit from MRT rail.
(4) Partial facing green. There is a convent/church with nice green field to the left.
(5) Walking access to the mall. Just 3 levels away from Level2.
BTW, I am not an agent of any bank nor real estate company
*
Wow.. jagalat bro, When you have such details on the property, telling people you are not the agent also hard to believe you! Ha ha...
Jagalat
post Feb 10 2014, 01:27 PM

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QUOTE(neonikson1 @ Feb 10 2014, 01:09 PM)
Wow.. jagalat bro,  When you have such details on the property,  telling people you are not the agent also hard to believe you!  Ha ha...
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I am just doing a favor la.
I saw a few BlkE units are still potential...
Too bad out of bullet.

E-05-05 is one of those.


restful increase
post Feb 10 2014, 02:26 PM

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QUOTE(Jagalat @ Feb 10 2014, 01:27 PM)
I am just doing a favor la.
I saw a few BlkE units are still potential...
Too bad out of bullet.

E-05-05 is one of those.
*
The number 05-05 sounds good & it rhymes well too.
neonikson1
post Feb 10 2014, 02:32 PM

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05-05.... eum eum... smile.gif
neonikson1
post Feb 10 2014, 02:33 PM

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QUOTE(Jagalat @ Feb 10 2014, 01:27 PM)
I am just doing a favor la.
I saw a few BlkE units are still potential...
Too bad out of bullet.

E-05-05 is one of those.
*
Do u have the size n layout of 05-05?
Jagalat
post Feb 10 2014, 03:53 PM

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QUOTE(neonikson1 @ Feb 10 2014, 03:33 PM)
Do u have the size n layout of 05-05?
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As printed in the chart, the E-05-05 has 1066 sf (D2 type). No pink balcony and no store room

http://propcafe.net/ekocheras-nanyang-prop...vest/blocke_cd/


As for the layout, it is the unit at the lower right.

http://propcafe.net/ekocheras-nanyang-prop...ocke_floorplan/

This post has been edited by Jagalat: Feb 10 2014, 03:55 PM
CMW123
post Feb 10 2014, 04:38 PM

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Some very valuable comments from Big Taikor of another forum:
http://www.propertywtf.com.my/cheras-kajan...t-t2511-20.html


- the duplex may be a double-edged sword, odd enuf to limit it to a single-room configuration, yet offers the possibility of 'just-in-case' demand of office space..


- tkttts will tell us that from experience, technically can build attic floor for all duplexes' void area as long as latch onto the proper support and not affecting the main structure with some set-back against the facade glass panel.. effectively even more below 600 psf for duplex soho for sure, kekeke..


- duplex soho is a high risk product based on the following:
1. duplex likely to appeal to some gen Y and not a product for mass mkt
2. intense competition upon handover....too many flippers
3. if the control and mgt is poor, mixed opis/resi use of soho likely to be rojak and chap.....not conducive for both opis and resi....leading to lose-lose situation


- i would also like to provide contrarian view since i assume that many would prefer service apartment.. means to say that even with the service apartment + lower entry point being made available before the soho block, i wud take the risk and bet on the soho instead, dun tembak me if get burnt, keke..


- i think small offices could be in demand, check out the occupancy in the old cheras biz center, and also the viva home office blocks..
Jagalat
post Feb 10 2014, 06:14 PM

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QUOTE(Jagalat @ Feb 10 2014, 11:49 AM)
It seems that E-05-05 (RM 795k) meeting your requirements (if it is not sold)
(1) Lowest density floor of all the 3 Ekocheras blocks. Total 7 units of the floor
(2) KL facing. Can see KLCC if the view is not obstructed by the slope to Tmn Billion
(3) Away from noise. Furthest unit from MRT rail.
(4) Partial facing green. There is a convent/church with nice green field to the left.
(5) Walking access to the mall. Just 3 levels away from Level2.
BTW, I am not an agent of any bank nor real estate company
*
Before I forget, I would like add one alert that the master bedroom window may be facing (or partially) evening sun.
So, if the convent/church slope is higher than the E-05-05 unit, it can block some evening sun/heat.
Else, the master room will pick up some evening heat.

soon9913
post Feb 10 2014, 06:49 PM

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QUOTE(CMW123 @ Feb 10 2014, 04:38 PM)
Some very valuable comments from Big Taikor of another forum:
http://www.propertywtf.com.my/cheras-kajan...t-t2511-20.html
- the duplex may be a double-edged sword, odd enuf to limit it to a single-room configuration, yet offers the possibility of 'just-in-case' demand of office space..
- tkttts will tell us that from experience, technically can build attic floor for all duplexes' void area as long as latch onto the proper support and not affecting the main structure with some set-back against the facade glass panel.. effectively even more below 600 psf for duplex soho for sure, kekeke..
- duplex soho is a high risk product based on the following:
1. duplex likely to appeal to some gen Y and not a product for mass mkt
2. intense competition upon handover....too many flippers
3. if the control and mgt is poor, mixed opis/resi use of soho likely to be rojak and chap.....not conducive for both opis and resi....leading to lose-lose situation
- i would also like to provide contrarian view since i assume that many would prefer service apartment.. means to say that even with the service apartment + lower entry point being made available before the soho block, i wud take the risk and bet on the soho instead, dun tembak me if get burnt, keke..
- i think small offices could be in demand, check out the occupancy in the old cheras biz center, and also the viva home office blocks..
*
Good mgt team is really the key success factor for this project.

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